Civic Intelligence

American University

990 • Fiscal year 2017 • EIN 53-0196549

May 01, 2016 to Apr 30, 2017 • Filed on Mar 12, 2018

c/o Controllers Office Suite 357Washington, DC 20016-8020

(202) 885-2822

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.35x

Higher debt load relative to assets than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1B+ nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.88x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1B+ nonprofits • Source year 2017

Net Margin

62nd percentile

10%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1B+ nonprofits • Source year 2017

Top Officer Pay

29th percentile

$1,034,323

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2017 filings • 501(c)3 • $1B+ nonprofits • Source year 2017

Asset Growth

43rd percentile

6.8%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

7.2%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2016 to 2017

Assets

Flat

$1,842,067,988

Flat from 2017

Net Assets

Flat

$1,194,711,238

Flat from 2017

Liabilities

Flat

$647,356,750

Flat from 2017

Revenue

Flat

$735,586,816

Flat from 2017

Expenses

Flat

$660,766,372

Flat from 2017

Net Income

Flat

$74,820,444

Flat from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2011: $1,161,428,269Liabilities 2011: $368,130,218Net Assets 2011: $793,298,0512011Assets 2012: $1,273,274,511Liabilities 2012: $487,752,771Net Assets 2012: $785,521,7402012Assets 2013: $1,419,399,768Liabilities 2013: $543,346,947Net Assets 2013: $876,052,8212013Assets 2014: $1,548,811,055Liabilities 2014: $547,273,902Net Assets 2014: $1,001,537,1532014Assets 2015: $1,714,106,790Liabilities 2015: $657,186,404Net Assets 2015: $1,056,920,3862015Assets 2016: $1,724,755,967Liabilities 2016: $669,979,892Net Assets 2016: $1,054,776,0752016Assets 2017: $1,842,067,988Liabilities 2017: $647,356,750Net Assets 2017: $1,194,711,2382017Assets 2017: $1,842,067,988Liabilities 2017: $647,356,750Net Assets 2017: $1,194,711,2382017Assets 2018: $2,000,480,593Liabilities 2018: $715,578,591Net Assets 2018: $1,284,902,0022018Assets 2019: $2,052,830,523Liabilities 2019: $760,978,627Net Assets 2019: $1,291,851,8962019Assets 2020: $2,059,436,434Liabilities 2020: $748,984,712Net Assets 2020: $1,310,451,7222020Assets 2021: $2,420,807,502Liabilities 2021: $877,573,619Net Assets 2021: $1,543,233,8832021Assets 2022: $2,349,689,128Liabilities 2022: $869,647,088Net Assets 2022: $1,480,042,0402022Assets 2023: $2,414,730,149Liabilities 2023: $879,924,283Net Assets 2023: $1,534,805,8662023

Highlighted filing

2017

Assets$1,842,067,988
Liabilities$647,356,750
Net Assets$1,194,711,238

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0B$500M$0Expenses 2011: $521,855,1692011Expenses 2012: $550,147,7152012Expenses 2013: $566,312,0402013Revenue 2014: $647,400,163Expenses 2014: $577,121,453Net Income 2014: $70,278,7102014Revenue 2015: $672,895,460Expenses 2015: $608,356,681Net Income 2015: $64,538,7792015Revenue 2016: $686,006,746Expenses 2016: $629,296,168Net Income 2016: $56,710,5782016Revenue 2017: $735,586,816Expenses 2017: $660,766,372Net Income 2017: $74,820,4442017Revenue 2017: $735,586,816Expenses 2017: $660,766,372Net Income 2017: $74,820,4442017Revenue 2018: $815,033,830Expenses 2018: $733,930,689Net Income 2018: $81,103,1412018Revenue 2019: $953,033,100Expenses 2019: $783,072,578Net Income 2019: $169,960,5222019Revenue 2020: $862,369,744Expenses 2020: $794,127,433Net Income 2020: $68,242,3112020Revenue 2021: $777,986,841Expenses 2021: $729,092,455Net Income 2021: $48,894,3862021Revenue 2022: $997,808,443Expenses 2022: $864,229,056Net Income 2022: $133,579,3872022Revenue 2023: $933,862,010Expenses 2023: $912,489,179Net Income 2023: $21,372,8312023

Highlighted filing

2017

Revenue$735,586,816
Expenses$660,766,372
Net Income$74,820,444
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Mar 12, 2018
Return Version
2016v3.1
Gross Receipts
$889,159,134
Mission and Program Overview

Mission

American university's mission is to advance knowledge, foster intellectual curiosity, build community, and empower lives of purpose, service, and leadership. See schedule o for organization's vision.

American university is an independent, coeducational university located on an 85-acre campus in washington, dc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$719,970,113$763,340,270▲ $43,370,157
Investments in Publicly Traded Securities$793,265,608$542,969,261▼ $250,296,347
Investments Other Securities$48,995,204$391,135,032▲ $342,139,828
Accounts Receivable$21,161,772$31,916,285▲ $10,754,513
Savings and Temporary Cash Investments$47,195,317$16,697,045▼ $30,498,272
Investments Program Related$14,481,348$14,410,061▼ $71,287
Pledges and Grants Receivable$12,017,512$11,469,603▼ $547,909
Prepaid Expenses and Deferred Charges$2,056,026$5,027,194▲ $2,971,168
Inventories for Sale or Use$36,294$46,408▲ $10,114
Cash and Non-Interest-Bearing Accounts$37,028$36,370▼ $658
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,724,755,967$1,842,067,988▲ $117,312,021
Other Assets Total$65,539,745$65,020,459▼ $519,286
Liabilities
Mortgage Notes Payable Secured by Investment Property$264,742,127$261,728,847▼ $3,013,280
Tax Exempt Bond Liabilities$216,877,509$216,991,640▲ $114,131
Other Liabilities$96,850,739$85,452,281▼ $11,398,458
Accounts Payable and Accrued Expenses$76,197,580$64,472,777▼ $11,724,803
Deferred Revenue$15,311,937$18,711,205▲ $3,399,268
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$669,979,892$647,356,750▼ $22,623,142
Net Assets / Fund Balance
Unrestricted Net Assets$853,759,788$975,029,616▲ $121,269,828
Permanently Rstr Net Assets$108,878,720$115,497,190▲ $6,618,470
Temporarily Rstr Net Assets$92,137,567$104,184,432▲ $12,046,865
Total Net Assets Fund Balance$1,054,776,075$1,194,711,238▲ $139,935,163
Total Liabilities and Net Assets / Fund Balance$1,724,755,967$1,842,067,988▲ $117,312,021

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$644,396,098$302,484,060$946,880,158
Equipment$64,251,672$207,119,168$271,370,840
Land$35,910,625-$35,910,625
Other Land Buildings$18,781,875$9,717,189$28,499,064
Other Securities$80,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$558,533,000$12,078,000▲ $71,729,000$14,540,780$623,602,000
2015$650,179,000$17,298,000▼ $91,654,000$13,211,733$558,533,000
2014$606,544,000$18,282,000▲ $41,640,000$12,005,461$650,179,000
2013$535,390,000$14,509,000▲ $71,343,000$11,030,165$606,544,000
2012$466,234,000$18,708,000▲ $63,626,000$5,697,833$535,390,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cornelius M KerwinPRESIDENT through May 2017FT$666,683$367,640$1,034,323
Scott a BassProvostFT$419,338$241,038$660,376
Douglas KudravetzCFO/VP Finance/treasurerFT$386,866$202,820$589,686
Claudio GrossmanDean and PROFESSORFT$496,443$60,190$556,633
Mary E KennardVP & University CounselFT$384,870$164,914$549,784
David G SwartzVP & CIOFT$320,272$134,192$454,464
Gail Short HansonVP CAMPUS LIFE thru Mar 2017FT$308,981$110,294$419,275
Jeffrey H HarrisProfessorFT$356,453$32,626$389,079
Robert D DinersteinProfessorFT$322,716$51,982$374,698
Andrew F PoppersProfessorFT$325,872$46,273$372,145
Courtney SurlsVP Development & Alumni RelFT$326,755$39,911$366,666
Barbara RomzekDean & ProfessorFT$304,654$56,380$361,034
Teresa FlanneryVP of CommunicationFT$251,654$96,420$348,074
Jamin B RaskinProfessorFT$296,665$28,571$325,236

Highest Paid Contractors

ContractorServicesLocationCompensation
Skanska USA Building IncConstruction1633 Littleton Road, Parsippany, NJ 07054$43,923,576
AramarkFood & Cleaning1101 Market Street, Philadelphia, PA 19107$24,735,088
2U IncOnline Edu Services8201 Corporate Drive Suite 900, Landover, MD 20785$9,994,821
Whiting Turner Contracting CompanyConstruction300 East Joppa Road, Towson, MD 21286$5,281,119
Wileyedu LLCOnline Edu Services1415 West 2nd Street Suite 800, Oak Brook, IL 60523$3,550,144
Revenue and Support

Revenue Composition

Contributions and Grants
$53,501,637
Program Service Revenue
$638,439,604
Investment Income
$43,645,575
Other Revenue
$0
All Other Contributions
$18,470,724
Change in Net Assets
$74,820,444

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$17,409,651Market value
Securities Publicly Traded106$1,530,274Market Value
Other Non Cash Contri Table1$840,000Market Value
Works of Art12$50,265Opinion of Expert
Other Non Cash Contri Table4$25,421Market Value
Books and Publications-$19,072Opinion of Expert
Other Non Cash Contri Table25$10,336Market Value
Total Noncash Contributions149$19,885,019-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$317,535,278
Other Expenses$210,319,750
Grants and Similar Amounts Paid$132,911,344
Total Fundraising Expense$9,840,244
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,020,327$14,118,096$4,205,053$251,343,476
Grants to Domestic Individuals$130,801,912--$130,801,912
Fees for Services Other$73,792,810$2,569,520$1,438,415$77,800,745
Depreciation Depletion$39,756,071--$39,756,071
Other Employee Benefits$22,133,787$3,750,941$1,357,712$27,242,440
Occupancy$17,824,174$311,778$12,417$18,148,369
Pension Plan Contributions$15,375,241$1,076,769$313,798$16,765,808
Interest$16,627,563--$16,627,563
Payroll Taxes$14,683,077$1,028,295$299,672$16,011,044
Office Expenses$12,145,195$1,373,524$526,458$14,045,177
Information Technology$10,842,658$136,197$4,500$10,983,355
Travel$9,144,904$79,576$254,724$9,479,204
Insurance$7,851,377--$7,851,377
Current Officers, Directors, Trustees, and Key Employees$3,137,112$2,420,635$614,763$6,172,510
Advertising$2,712,520$22,647$148,329$2,883,496
Fees for Services Legal-$1,686,607-$1,686,607
Other Expenses$1,668,429$242,897$664,403$1,668,429
Fees for Service Investment Mgmnt Fees-$1,427,234-$1,427,234
Grants to Domestic Orgs$1,313,874--$1,313,874
Fees for Services Accounting-$1,060,246-$1,060,246
Foreign Grants$795,558--$795,558
Total Functional Expenses$619,532,455$31,393,673$9,840,244$660,766,372
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Yale UniversityNew Haven, CT-Sub-Award$198,567
Carnegie Institution of WashingtonWashington, DC501(c)(3)Sub-Award$164,750
Earthrights International IncWashington, DC501(c)(3)Sub-Award$131,928
Iearn IncNew York, NY501(c)(6)Sub-Award$101,562
Belden Russonello StrategistsWashington, DC501(c)(3)Sub-Award$98,000
Howard UniversityWashington, DC501(c)(3)Sub-Award$96,794
Arizona State UniversityPhoenix, AZ501(c)(3)Sub-Award$80,131
George Washington UniversityWashington, DC501(c)(3)Sub-Award$61,501
University of Texas At DallasRichardson, TX501(c)(3)Sub-Award$47,280
UDC Foundation IncWashington, DC501(c)(3)Sub-Award$45,062
The Inspire Project IncAlexandria, VA501(c)(3)Sub-Award$42,435
Catholic University of AmericaWashington, DC501(c)(3)Sub-Award$38,004
SRC IncNorth Syracuse, NY501(c)(3)Sub-Award$35,979
Gallaudet UniversityWashington, DC501(c)(3)Sub-Award$31,558
Trinity UniversityWashington, DC501(c)(3)Sub-Award$22,680
UC BerkeleyBerkeley, CA501(c)(3)Sub-Award$18,944
Nat'l Assoc of Criminal Defense LawyersWashington, DC501(c)(3)Sub-Award$17,901
Nueva Vida IncAlexandria, VA501(c)(3)Sub-Award$17,511
Center for Digital DemocracyWashington, DC501(c)(3)Sub-Award$16,513
National Aerospace Training & Research CtrSouthampton, PA501(c)(3)Sub-Award$16,109
Vassar CollegePoughkeepsie, NY-Sub-Award$8,767
The Geneva FoundationTacoma, WA501(c)(3)Sub-Award$8,496
Duke UniversityDurham, NC501(c)(3)Sub-Award$7,834

International Summary

Offices
2
Employees
2
Spending
$138,905,846

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestmentsResearch & Training--$135,888,737
Europe (Including Iceland and Greenland)Program ServicesStudy Abroad11$1,385,332
Middle East and North AfricaProgram ServicesStudy Abroad11$613,470
East Asia and the PacificGrantmakingResearch--$337,081
Middle East and North AfricaGrantmakingResearch--$161,587
South AmericaProgram ServicesStudy Abroad--$135,299
South AmericaGrantmakingTraining--$124,649
South AsiaGrantmakingResearch--$90,874
East Asia and the PacificProgram ServicesStudy Abroad--$51,450
Sub-Saharan AfricaGrantmakingResearch--$51,185
Russia and the Newly Independent StatesProgram ServicesStudy Abroad--$36,000
Europe (Including Iceland and Greenland)Grantmaking---$30,182
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
JP Morgan ChasePeter Scher Key EmpPmnt on Bank LoanNo$3,142,500
United EducatorsJanice Abraham President & CEOInsuranceNo$235,913

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Derivitive Instruments$73,980,000
Refundable Advance From US Govt$9,804,827
Asset Retirement Obligation$1,667,454

Bond Issues

BondIssuerIssuedIssue PricePurpose
BDistrict of Columbia2006-08-16$99,975,000See Part VI
ADistrict of Columbia2008-10-15$60,900,000See Part VI
CDistrict of Columbia2003-04-03$37,000,000See part VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$40,969,227$61,447,009$0$530,463
C$37,378,342$0$0$573,460
A$0$60,900,000$0$0

Bond Financing Compliance

No rebate due
Yes
Form 8038-T filed
Yes
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
American University
EIN
53-0196549
In Care Of
% NICOLE BRESNAHAN CONTROLLER
Phone
2028852822
Address
c/o Controllers Office Suite 357, Washington, DC 20016-8020

Signing Officer

Name
Douglas Kudravetz
Title
CFO, VP & Treasurer
Phone
2028852822
Signed
2018-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Kudravetz
Formed
1893
Legal Domicile
Dc
Voting Board Members
21
Independent Board Members
21
Employees
8,883
Volunteers
2,580

Preparer

Firm
Grant Thornton Llp
Address
1000 WILSON BOULEVARD SUITE 1400, ARLINGTON, VA 22209
Preparer
Mary Torretta
Phone
7038477500
Supplemental Narrative

Additional Explanations

ORGANIZATION'S MISSION

Form 990, part iii, line 1 chartered by an act of congress in 1893, american university is an indepedent, coeducational university located on an 85-acre campus in washington, dc. A global outlook, practical idealism, and a passion for public service define american university. Our academic strengths are grounded in social responsibility and a commitment to cultural and intellectual diversity.

Other Program Services

FORM 990, PART III, LINE 4D ACADEMIC SUPPORT - THE UNIVERSITY LIBRARIES, ACADEMIC COMPUTER SERVICES, ADMINISTRATIVE OFFICES AND SUPPORT FOR THE SIX ACADEMIC DIVISIONS. STUDENT SERVICES - HEALTH AND COUNSELING, CAREER CENTER, UNIVERSITY REGISTRAR, FINANCIAL AID AND ENROLLMENT SERVICES, SPORTS AND RECREATION. INSTITUTIONAL SUPPORT - INFORMATION TECHNOLOGY, TELECOMMUNICATIONS, SPACE MANAGEMENT, SECURITY, MAIL AND TRANSPORTATION SERVICES. RESEARCH- RESEARCH AND TECHNICAL ASSISTANCE PROJECTS FUNDED BY FEDERAL AND PRIVATE AGENCIES. PUBLIC SERVICE - THE OPERATION OF WAMU 88.5 FM, A 24-HOUR, 50,000 WATT PUBLIC RADIO STATION LICENSED TO THE UNIVERSITY SINCE 1961. AMERICAN UNIVERSITY: PARTNER IN OUR COMMUNITY COMMUNITY SERVICE MANY OF AU'S PARTNERSHIPS WITH LOCAL GOVERNMENTS, BUSINESSES, AND INDIVIDUALS EXEMPLIFY THE UNIVERSITY'S COMMITMENT TO PUBLIC SERVICE. AU VIEWS ITSELF AS A PRIVATE UNIVERSITY WITH A PUBLIC RESPONSIBILITY. DURING THE 2016 CALENDAR YEAR, MORE THAN 3,200 AU STUDENTS CONTRIBUTED approximately 130,000 HOURS OF COMMUNITY SERVICE IN THE DISTRICT OF COLUMBIA. THE UNIVERSITY WORKED WITH NUMEROUS LOCAL ORGANIZATIONS AND PARTICIPATED IN MYRIAD COMMUNITY SERVICE ACTIVITIES INCLUDING: COMMUNITY-BASED LEARNING AND RESEARCH, DC READS, DC READS "KIDS TO CAMPUS DAY", DR. SEUSS DAY, FRESHMAN SERVICE EXPERIENCE ONE-DAY SERVICE EVENTS, EAGLE ENDOWMENT AND Community Learners Advancing in Spanish and English. WORKING WITH DC SCHOOLS AND STUDENTS AUs School Of Education prepares education students to become early childhood, elementary, bilingual, special education, and secondary school teachers through instructional work in area schools. Up to 60 AU education majors each year are placed as students teachers for two full days each week, and then five days per week over two semesters in teaching all aspects of the school curriculum from the arts to the sciences and in the areas of early childhood and special education. These students each provide between 600 to 1000 hours of classroom support each year. DC Councilmember Mary Cheh, DC Public Schools former chancellor Kaya Henderson, and Dr. LaShawndra Scroggins, director of teaching and learning in the Office of the State Superintendent for Education (OSSE), have praised AUs partnerships and projects with public schools, which range from research on the implementation of DCs Healthy School Act, professional development of teachers, academic preparation for teachers across the disciplines, to providing volunteer tutors in DC early childhood centers, elementary, middle, and high schools. WASHINGTON COLLEGE OF LAW Washington College of Law (WCL), which moved to a new location and campus one block from the AU-Tenleytown Metro in January 2016, consistently provides free legal services to low-income and otherwise underrepresented area residents through its highly-ranked clinical programs. Each year about 230 law students participate in the law schools in-house clinics, which serve a variety of clients. In addition, eight WCL students each year represent low-income clients facing eviction in DC Landlord and Tenant Court, as participants in the DC Law Students in Court program, an independent legal service provider in the District. AN OPEN DOOR POLICY AU MAINTAINS A GOOD NEIGHBOR POLICY BY WORKING WITH NEIGHBORS, LOCAL COMMUNITY ORGANIZATIONS, AND THE ADVISORY NEIGHBORHOOD COMMISSIONS IN THE CAMPUS AREA. LED BY THE DIRECTOR OF COMMUNITY RELATIONS, THE UNIVERSITY'S OUTREACH EFFORTS ALSO INCLUDE MAINTAINING ONGOING CONTACT WITH SEVERAL DISTRICT OF COLUMBIA OFFICES AND AGENCIES. ON A MORE INFORMAL LEVEL, REPRESENTATIVES OF AMERICAN UNIVERSITY ALSO MEET AND INTERACT WITH MEMBERS OF THE NEIGHBORING COMMUNITIES ON A REGULAR BASIS. AN INTEGRAL PART OF ITS GOOD NEIGHBOR POLICY INCLUDES MAKING THE CAMPUS A VALUABLE ASSET AND RESOURCE FOR THE LOCAL COMMUNITY, AS AU WELCOMES THE PUBLIC USE OF MANY OF ITS FACILITIES, RESOURCES, AND COMMUNITY-CENTRIC PROGRAMS. AU WELCOMES NEIGHBORS TO EXCITING CAMPUS SPORTS EV

Board of Trustees

Form 990, part vi, line 1a the board of trustees consists of 21 members, all of them have voting rights.

Form 990 Review Process

Form 990, Part VI, Line 11b FORM 990 IS PREPARED BY THE FINANCE OFFICE AND REVIEWED BY INDEPENDENT TAX ADVISORS. FORM 990 IS REVIEWED AND SIGNED BY THE CHIEF FINANCIAL OFFICER. FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE PRIOR TO FILING. ACCESS TO THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED WITH THE IRS.

Conflict of Interest Policy Monitoring & Enforcement

Form 990, part vi, line 12c board of trustees members are required to complete an annual conflict of interest statement and submit such statement to the secretary of the board who is also the general counsel for the universty. The secretary reviews those statements for potential conflicts and reports such conflicts to the board chair. The disclosure statement also requires all members to notify the board promptly of an actual, apparent, or potential conflict of interest as it arises, so that it can be addressed immediately and not just once per year.

Process for Determining Compensation

FORM 990, PART VI, LINES 15A & 15B THE COMPENSATION OF ALL OFFICERS OF THE UNIVERSITY IS REVIEWED AND APPROVED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, AND IS SUBSEQUENTLY APPROVED BY THE FULL BOARD. THE COMMITTEE ENGAGES THIRD PARTY EXPERTS TO BENCHMARK COMPENSATION FOR THESE POSITIONS ON AN ANNUAL BASIS. THE COMPENSATION OF KEY EMPLOYEES IS SET BY THEIR SUPERVISING OFFICER WITHIN THE CONSTRAINTS OF THE BOARD OF TRUSTEES' APPROVED UNIVERSITY OPERATING BUDGET. The individuals who determine compensation of the officers are independent persons serving on the Board. During the course of deliberations, these person review third-party comparability data to help them decide what compensation is reasonable. The members document their decisions contemporaneously in written minutes.

Document Disclosure

Form 990, part vi, line 19 governing documents, conflict of interest policy, and financial statements are available as public information on the university's website.

Airlie Center Gifted to Au

SCHEDULE B, PART I, NO. 1 A rural estate once heralded as an "island of thought" by Life magazine is now part of American University. An hours drive from DC, the Airlie Center in Warrenton, Virginia, sits on 300 pastoral acres and contains historic Airlie House, a village of guest rooms, meeting facilities, an organic garden, and a lake. Airlies Board of Directors gifted the property to AU in September 2016. One of the first conference facilities of its kind in the country, Airlie was considered a model of innovation when founder Murdock Head opened the doors in 1960. Since then it has been welcoming international leaders, policy makers, and diplomats for significant meetings and programs dedicated to social progress, education, environmental research, and public health - some of which have shaped social movements and institutions. It is fitting that an institution committed to active citizenship and global leadership would continue Airlies mission. "The university is honored to have been selected for this wonderful gift. It is our intent to carry on the very impressive and important legacy of Airlie, while leveraging this marvelous facility for American Universitys academic initiatives," said AU president emeritus Neil Kerwin.

Form 990 Part IX Line 11G

Description:sub-contracts/contractual exp total fees:4387500

Form 990 Part IX Line 11G

Description:consulting services total fees:73413245

Financial Statement Notes

DESCRIPTION OF ORGANIZATION'S COLLECTIONS

Schedule d, part iii, line 4 the two major components of the university's art collection are the watkins collection begun in 1945, and the katzen collection begun in 2005. The collections serve as a teaching resource for the art department at american university, as well as telling the story of modern art and its offshoots in washington dc, with side stories related to what was happening in the larger contemporary world. The museum features over 30,000 square feet of exhibition space for these two collections. The public is welcome to visit the museum and exhibitions free of charge. Indeed, the katzen arts center is now a destination for certain tour groups in washington dc.

Intended Uses of Endowment Funds

Schedule d, part v, line 4 the university's endowment consists of approximately 450 individual funds established for scholarships and related academic activities. Its endowment includes both donor restricted endowment funds and funds designated by the board of trustees to function as endowments. As required by gaap, net assets associated with endowment funds, including funds designated by the board of trustees to function as endowments, are classified and reported based on the existence or abscence of donor-imposed restrictions.

Fin 48 (asc 740) Footnote

SCHEDULE D, PART X, LINE 2 THE UNIVERSITY HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. SUCH ACTIVITIES RESULTED IN NO NET TAXABLE INCOME IN FISCAL YEARS 2017 and 2016. Due to the nature of the Airlie transaction, Airlie remains a taxable non-stock corporation and is taxed as a C-Corporation and uses the liability method of accounting for income taxes. Accordingly, deferred tax assets and liabilities are determined based on the difference between the financial statement and tax basis of assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities. The Universitys policy is to record interest and penalties as an increase in income taxes payable and corresponding increase to income tax expense. No penalties or interest have been recorded for the year ended April 30, 2017.

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IRS990/Form990PartVIISectionAGrp/PersonNm36BARBARA ROMZEK
IRS990/Form990PartVIISectionAGrp/PersonNm37JAMIN B RASKIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt37296947
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt330
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt340

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2,415$880$1,535$934$912$21.4
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,350$870$1,480$998$864$134
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,421$878$1,543$778$729$48.9
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,059$749$1,310$862$794$68.2
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,053$761$1,292$953$783$170
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,000$716$1,285$815$734$81.1
2017Detailed filing. Detailed filing data is available for this year.$1,842$647$1,195$736$661$74.8
2017Summary only. Only limited summary data is available for this year.$1,842$647$1,195$736$661$74.8
2016Detailed filing. Detailed filing data is available for this year.$1,725$670$1,055$686$629$56.7
2015Detailed filing. Detailed filing data is available for this year.$1,714$657$1,057$673$608$64.5
2014Detailed filing. Detailed filing data is available for this year.$1,549$547$1,002$647$577$70.3
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,419$543$876$566
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,273$488$786$550
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,161$368$793$522