Civic Intelligence

American University

990 • Fiscal year 2019 • EIN 53-0196549

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 09, 2020

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

53rd percentile

0.37x

Higher debt load relative to assets than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.80x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Source year 2019

Net Margin

77th percentile

18%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Source year 2019

Top Officer Pay

28th percentile

$1,092,436

Higher top officer pay than 28% of similar nonprofits.

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

2019 filings • 501(c)3 • $1B+ nonprofits • Source year 2019

Asset Growth

28th percentile

2.6%

Faster asset growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

17%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,052,830,523

Up $52,349,930 (+2.6%) from 2018

Net Assets

Up

$1,291,851,896

Up $6,949,894 (+0.5%) from 2018

Liabilities

Up

$760,978,627

Up $45,400,036 (+6.3%) from 2018

Revenue

Up

$953,033,100

Up $137,999,270 (+17%) from 2018

Expenses

Up

$783,072,578

Up $49,141,889 (+6.7%) from 2018

Net Income

Up

$169,960,522

Up $88,857,381 (+110%) from 2018

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 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

2019

Assets$2,052,830,523
Liabilities$760,978,627
Net Assets$1,291,851,896

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 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

2019

Revenue$953,033,100
Expenses$783,072,578
Net Income$169,960,522
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 9, 2020
Return Version
2018v3.3
Gross Receipts
$1,493,306,273
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's mission is to advance knowledge, foster intellectual curiosity, build community, and empower lives of purpose, service, and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$786,042,065$851,808,176▲ $65,766,111
Investments in Publicly Traded Securities$413,453,198$482,213,919▲ $68,760,721
Investments Other Securities$536,917,196$463,094,156▼ $73,823,040
Savings and Temporary Cash Investments$102,611,156$140,118,882▲ $37,507,726
Accounts Receivable$21,574,809$28,524,888▲ $6,950,079
Pledges and Grants Receivable$15,891,669$16,442,133▲ $550,464
Prepaid Expenses and Deferred Charges$8,611,023$9,870,243▲ $1,259,220
Investments Program Related$10,379,456$9,060,453▼ $1,319,003
Inventories for Sale or Use$38,052$25,185▼ $12,867
Cash and Non-Interest-Bearing Accounts$27,617$2,666▼ $24,951
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$1,962,521,550$2,052,830,523▲ $90,308,973
Other Assets Total$66,975,309$51,669,822▼ $15,305,487
Liabilities
Mortgage Notes Payable Secured by Investment Property$341,574,618$634,333,255▲ $292,758,637
Tax Exempt Bond Liabilities$217,124,792$0▼ $217,124,792
Accounts Payable and Accrued Expenses$73,145,332$91,201,144▲ $18,055,812
Deferred Revenue$25,325,244$23,140,248▼ $2,184,996
Other Liabilities$73,597,329$12,303,980▼ $61,293,349
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$730,767,315$760,978,627▲ $30,211,312
Net Assets / Fund Balance
Unrestricted Net Assets$993,239,055$1,036,170,209▲ $42,931,154
Temporarily Rstr Net Assets$119,222,299$128,796,777▲ $9,574,478
Permanently Rstr Net Assets$119,292,881$126,884,910▲ $7,592,029
Total Net Assets Fund Balance$1,231,754,235$1,291,851,896▲ $60,097,661
Total Liabilities and Net Assets / Fund Balance$1,962,521,550$2,052,830,523▲ $90,308,973

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$650,782,609$354,122,325$1,004,904,934
Equipment$89,403,339$208,694,619$298,097,958
Other Land Buildings$75,711,603$10,148,711$85,860,314
Land$35,910,625-$35,910,625
Other Securities$80,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$681,810,000$9,827,000▲ $29,360,000$16,791,808$700,926,000
2017$677,348,000$7,396,000▲ $250,000$3,069,578$681,810,000
2016$623,602,000$14,453,000▲ $58,467,000$15,851,041$677,348,000
2015$558,533,000$12,078,000▲ $71,729,000$14,540,780$623,602,000
2014$650,179,000$17,298,000▼ $91,654,000$13,211,733$558,533,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sylvia M BurwellPresidentFT$727,537$364,899$1,092,436
Cornelius M KerwinProf. & President EmeritusFT$644,537$85,363$729,900
Scott a BassProf. & Provost EmeritusFT$445,668$226,898$672,566
Douglas KudravetzCFO, VP & TreasurerFT$415,562$214,901$630,463
David G SwartzVP & CIOFT$340,501$184,827$525,328
John DelaneyDeanFT$425,335$75,329$500,664
Elliot MilsteinProfessor - RetiredFT$467,075$27,571$494,646
Claudio GrossmanProfessorFT$434,204$55,513$489,717
Camille NelsonDean & ProfessorFT$418,717$62,690$481,407
Courtney SurlsVP Development & Alumni RelFT$347,321$97,795$445,116
Teresa FlanneryVP Communication thru 6/1/19FT$265,692$106,159$371,851
Mary ClarkInterim Provost Thru 1/15/19FT$316,788$34,581$351,369
Fanta AwVP Campus Life & IeFT$270,844$80,305$351,149
Traevena ByrdVP, Uni. Counsel & Bot Sec.FT$219,010$60,696$279,706

Highest Paid Contractors

ContractorServicesLocationCompensation
AramarkFood & Cleaning1101 Market Street, Philadelphia, PA 19107$26,687,396
The Fulcrum GroupConstruction80 Broad St, New York, NY 10004$16,411,788
2U IncOnline Education7900 Harkins Rd, Lanham, MD 20706$15,784,537
Whiting Turner ContractingConstruction300 East Joppa Road, Baltimore, MD 21286$13,905,946
Camson ConstructionConstruction1 BANK STREET SUITE 250, Gaithersburg, MD 20878$5,408,559
Revenue and Support

Revenue Composition

Contributions and Grants
$73,970,105
Program Service Revenue
$723,281,278
Investment Income
$155,781,717
Other Revenue
$0
All Other Contributions
$55,870,315
Change in Net Assets
$169,960,522

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
Works of Art9$30,078,197Opinion of Expert
Securities Publicly Traded141$3,830,760Market Value
Cars and Other Vehicles2,146$1,418,455Market Value
Other Non Cash Contri Table2$1,088,625Market Value
Other Non Cash Contri Table1$66,861Opinion of Expert
Books and Publications-$10,000Opinion of Expert
Other Non Cash Contri Table3$9,058Market Value
Clothing and Household Goods-$1,602Market Value
Total Noncash Contributions2,302$36,503,558-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$349,881,136
Other Expenses$266,118,208
Grants and Similar Amounts Paid$167,073,234
Total Fundraising Expense$11,664,303
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$243,248,220$19,010,618$5,540,839$267,799,677
Grants to Domestic Individuals$163,545,458--$163,545,458
Fees for Services Other$97,714,011$3,773,294$1,718,245$103,205,550
Depreciation Depletion$40,670,765--$40,670,765
Other Employee Benefits$24,992,686$7,527,328$1,800,254$34,320,268
Occupancy$19,147,928$7,670,565$8,058$26,826,551
Interest$25,838,280--$25,838,280
Pension Plan Contributions$17,523,132$1,373,245$398,832$19,295,209
Payroll Taxes$16,759,982$1,318,858$381,002$18,459,842
Information Technology$15,452,673$31,982$12,765$15,497,420
Office Expenses$12,473,036$1,531,921$421,913$14,426,870
Travel$9,944,393$101,215$671,833$10,717,441
Current Officers, Directors, Trustees, and Key Employees$8,969,504$844,518$192,118$10,006,140
Insurance$9,131,504--$9,131,504
Advertising$7,357,934$154,749$138,007$7,650,690
Grants to Domestic Orgs$2,555,658--$2,555,658
Foreign Grants$972,118--$972,118
Fees for Services Accounting-$917,517-$917,517
Other Expenses$695,023$0$0$695,023
Fees for Service Investment Mgmnt Fees-$566,267-$566,267
Fees for Services Legal-$129,054-$129,054
Total Functional Expenses$725,769,089$45,639,186$11,664,303$783,072,578
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Yale UniversityNew Haven, CT-Sub-award$601,141
National Association of Drug Court ProfessionalsAlexandria, VA501(c)(3)Sub-award$210,777
InSight Crime IncWashington, DC501(c)(3)Sub-award$167,383
University of MiamiMiami, FL501(c)(3)Sub-award$133,103
Michigan State UniversityEast Lansing, MI501(c)(3)Sub-award$124,418
Carnegie Institution of WashingtonWashington, DC501(c)(3)Sub-award$112,852
Georgetown UniversityWashington, DC501(c)(3)Sub-award$103,375
Trinity CollegeWashington, DC501(c)(3)Sub-award$99,522
iEARN IncNew York, NY501(c)(3)Sub-award$98,710
Drexel UniversityPhiladelphia, PA501(c)(3)Sub-award$96,305
Gallaudet UniversityWashington, DC501(c)(3)Sub-award$82,924
Johns Hopkins UniversityBaltimore, MD501(c)(3)Sub-award$78,191
Catholic University of AmericaWashington, DC501(c)(3)Sub-award$66,819
University of District of ColumbiaWashington, DC501(c)(3)Sub-award$65,985
The Justice Management InstituteArlington, VA501(c)(3)Sub-award$62,740
Portland State UniversityPortland, OR501(c)(3)Sub-award$54,729
The Inspire Project IncAlexandria, VA501(c)(3)Sub-award$50,096
University of North Carolina - Chapel HillChapel Hill, NC-Sub-award$49,340
Michigan Advocacy ProgramKalamazoo, MI501(c)(3)Sub-award$42,241
Science Systems and Applications IncLamhan, MD501(c)(3)Sub-award$35,999
Pelican Center for Children & FamiliesNew Orleans, LA501(c)(3)Sub-award$28,823
Howard UniversityWashington, DC501(c)(3)Sub-award$28,397
Missouri Office of State Courts AdministrationJefferson City, MO501(c)(3)Sub-award$26,961
Rowan UniversityGlassboro, NJ501(c)(3)Sub-award$21,854
Seashore Mission INCBiloxi, MS501(c)(3)Sub-award$20,140
Mattie Rhodes CenterKanas City, MO501(c)(3)Sub-award$19,670
Wesley Theological SeminaryWashington, DC-Sub-award$13,817
University of MississippiUniversity, MS501(c)(3)Sub-award$12,727
University of New MexicoAlbuquerque, NM-Sub-award$10,896
Michigan Judicial InstituteLansing, MI501(c)(3)Sub-award$8,540
Earthrights InternationalWashington, DC501(c)(3)Sub-award$7,250
New Orleans Family Justice AllianceNew Orleans, LA501(c)(3)Sub-award$7,041

International Summary

Offices
2
Employees
21
Spending
$206,177,325

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
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--$182,863,134
Europe (Including Iceland and Greenland)InvestmentsResearch & Training--$12,269,200
Europe (Including Iceland and Greenland)Program ServicesStudy Abroad18$6,974,382
Middle East and North AfricaProgram ServicesStudy Abroad11$855,809
East Asia and the PacificProgram ServicesStudy Abroad--$850,786
Sub-Saharan AfricaProgram ServicesStudy Abroad--$674,420
South AsiaGrantmaking---$468,723
South AmericaProgram ServicesStudy Abroad-12$450,337
Sub-Saharan AfricaGrantmaking---$257,698
Central America and the CaribbeanGrantmakingResearch--$185,732
Russia and the Newly Independent StatesProgram ServicesStudy Abroad--$183,014
Central America and the CaribbeanProgram ServicesStudy Abroad--$84,125
South AmericaGrantmakingResearch--$37,500
East Asia and the PacificGrantmakingResearch--$22,465
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 Pres & CEOInsuranceNo$255,816
NFP CorpAlan Meltzer CEOBrokerage FeesNo$7,500

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
Refundable Advance From US Govt$10,553,153
Asset Retirement Obligation$1,750,827
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
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
2020-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Kudravetz
Formed
1893
Legal Domicile
Dc
Voting Board Members
23
Independent Board Members
23
Employees
9,246
Volunteers
3,023

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 VISION

Form 990, part iii, line 1 american university is a leading student-centered research university where passionate learners, bold leaders, engaged scholars, innovators, and active citizens unleash the power of collaborative discovery. We partner with key organizations in the washington, dc region, and around the globe to better the human condition, learn from a vast array of experiences and internships, create meaningful change, and address society's current and emerging challenges.

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 strategic plan american university is a leading student-centered research university where passionate learners, bold leaders, engaged scholars, innovators, and active citizens unleash the power of collaborative discovery. We partner with key organizations in the washington, dc region, and around the globe to better the human condition, learn from a vast array of experiences and internships, create meaningful change, and address society's current and emerging challenges. In january 2019, american university unveiled a new strategic plan, changemakers for a changing world. The plan represents au's commitment to its mission "to advance knowledge, foster intellectual curiosity, build community, and empower lives of purpose, service, and leadership." the university's five-year plan will address the issues facing our community and higher education, while building on our legacy of leadership, scholarship, and service, and boldly embracing opportunities for greater impact. It includes three central themes - scholarship, learning, and community - with nine strategic imperatives to guide au's progress: scholarship: scholarship is central to au's future. We will develop areas of strategic focus that draw on fields where au already excels, where our expertise crosses schools and disciplinary boundaries, and that hold promise for the future. We will establish new ways to support the work of faculty across a range of disciplines. Learning: learning is at the core of au. As we prepare for tomorrow's opportunities, we continue to embrace the highest-quality teaching, while exploring new frontiers of learning and scholarship. We will expand opportunities for lifelong learning experiences that are more flexible, personalized, and accessible. Community: au is an institution deeply rooted in community - locally, nationally, and globally - and when our community grows stronger, so do we. Over the next five years, our strategic efforts will expand and strengthen our ties to communities, both internal and external. Each of the nine strategic imperatives outlined in the plan includes specific actions to be taken in years one and two, followed by areas for exploration in years three, four, and five. The plan also includes four outcomes for monitoring success: improving retention and graduation rates, achieving operational excellence, enhancing au's reputation, and diversifying and growing revenue. 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. 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 au's 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 stu

Board of Trustees

Form 990, part vi, line 1a the board of trustees consists of 23 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 persons review third-party comparability data to help them decide what compensation is reasonable.

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.

Other changes in net assets or fund balances

Form 990, Part XI, Line 9 Investment Fees 45,363 Loan Adjustment 100,000 --------- Total 145,363

Form 990 Part IX Line 11G

Description:sub-contracts/contractual exp total fees:98441183

Form 990 Part IX Line 11G

Description:consulting services total fees:4764367

Financial Statement Notes

DESCRIPTION OF ORGANIZATION'S COLLECTIONS

Schedule D, Part III, Line 4 THE THREE MAJOR COMPONENTS OF THE UNIVERSITY'S ART COLLECTION ARE THE WATKINS COLLECTION BEGUN IN 1945, THE KATZEN COLLECTION BEGUN IN 2005 AND THE CORCORAN COLLECTION DONATED IN 2018. 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 THREE 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 Use 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 absence 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 the year ended June 30, 2019. THE UNIVERSITY RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF AN INCOME TAX POSITION ONLY AFTER DETERMINING THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAXING AUTHORITY.

Raw XML AppendixShowing 400 of 1,796 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23920212
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24318381
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26580741
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29293658
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30246643
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31287085
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33433456
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
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
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
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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
2019Detailed filing. Detailed filing data is available for this year.$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
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