Civic Intelligence

Intercollegiate Center for Classical Studies

990 • Fiscal year 2016 • EIN 83-0406747

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 20, 2017

Fidelis-216 Centerview Dr Ste 317Brentwood, TN 37027

(732) 815-9800

Siviq Scores

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

Liabilities / Assets

37th percentile

0.12x

Higher debt load relative to assets than 37% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.56x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

56th percentile

3.9%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

51st percentile

2.0%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-15%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$10,951,947

Up $219,327 (+2.0%) from 2015

Net Assets

Down

$9,588,255

Down $290,092 (-2.9%) from 2015

Liabilities

Up

$1,363,692

Up $509,419 (+60%) from 2015

Revenue

Down

$2,442,382

Down $433,488 (-15%) from 2015

Expenses

Down

$2,347,463

Down $3,937 (-0.2%) from 2015

Net Income

Down

$94,919

Down $429,551 (-82%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $6,809,936Liabilities 2011: $418,095Net Assets 2011: $6,391,8412011Assets 2012: $8,024,687Liabilities 2012: $411,640Net Assets 2012: $7,613,0472012Assets 2013: $8,698,226Liabilities 2013: $497,590Net Assets 2013: $8,200,6362013Assets 2014: $10,225,083Liabilities 2014: $733,513Net Assets 2014: $9,491,5702014Assets 2015: $10,732,620Liabilities 2015: $854,273Net Assets 2015: $9,878,3472015Assets 2016: $10,951,947Liabilities 2016: $1,363,692Net Assets 2016: $9,588,2552016Assets 2017: $11,429,711Liabilities 2017: $628,369Net Assets 2017: $10,801,3422017Assets 2018: $12,377,880Liabilities 2018: $721,991Net Assets 2018: $11,655,8892018Assets 2019: $12,571,791Liabilities 2019: $745,724Net Assets 2019: $11,826,0672019Assets 2020: $12,907,582Liabilities 2020: $1,319,192Net Assets 2020: $11,588,3902020Assets 2021: $14,265,747Liabilities 2021: $1,755,847Net Assets 2021: $12,509,9002021Assets 2022: $11,967,072Liabilities 2022: $1,530,538Net Assets 2022: $10,436,5342022Assets 2023: $13,372,126Liabilities 2023: $1,890,373Net Assets 2023: $11,481,7532023Assets 2024: $14,892,605Liabilities 2024: $1,718,538Net Assets 2024: $13,174,0672024

Highlighted filing

2016

Assets$10,951,947
Liabilities$1,363,692
Net Assets$9,588,255

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,031,6702011Expenses 2012: $2,180,9542012Expenses 2013: $2,266,8482013Revenue 2014: $3,230,487Expenses 2014: $2,644,524Net Income 2014: $585,9632014Revenue 2015: $2,875,870Expenses 2015: $2,351,400Net Income 2015: $524,4702015Revenue 2016: $2,442,382Expenses 2016: $2,347,463Net Income 2016: $94,9192016Revenue 2017: $2,886,447Expenses 2017: $2,264,643Net Income 2017: $621,8042017Revenue 2018: $3,081,910Expenses 2018: $2,694,909Net Income 2018: $387,0012018Revenue 2019: $2,923,530Expenses 2019: $2,566,442Net Income 2019: $357,0882019Revenue 2020: $2,142,422Expenses 2020: $2,352,340Net Income 2020: -$209,9182020Revenue 2021: $1,045,774Expenses 2021: $1,930,520Net Income 2021: -$884,7462021Revenue 2022: $3,220,383Expenses 2022: $2,671,493Net Income 2022: $548,8902022Revenue 2023: $3,335,237Expenses 2023: $2,578,059Net Income 2023: $757,1782023Revenue 2024: $4,166,150Expenses 2024: $2,839,358Net Income 2024: $1,326,7922024

Highlighted filing

2016

Revenue$2,442,382
Expenses$2,347,463
Net Income$94,919
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 20, 2017
Return Version
2015v3.0
Gross Receipts
$4,564,486
Mission and Program Overview

Mission

The intercollegiate center for classical studies in rome provides undergraduate students with an immersive, academically rigorous study abroad program in classical studies, offering unparalleled access to the ancient world through site-based learning that integrates history, literature, language, archaeology, and art.

The organization provides undergraduate students with an opportunity to study abroad with programs in classical studies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,292,549$9,169,569▼ $122,980
Savings and Temporary Cash Investments$472,904$1,196,450▲ $723,546
Cash and Non-Interest-Bearing Accounts$636,638$339,288▼ $297,350
Land, Buildings, and Equipment, Net$159,925$136,777▼ $23,148
Pledges and Grants Receivable$51,515$39,115▼ $12,400
Prepaid Expenses and Deferred Charges$32,084$0▼ $32,084
Accounts Receivable$17,610$26,205▲ $8,595
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$10,732,620$10,951,947▲ $219,327
Other Assets Total$69,395$44,543▼ $24,852
Liabilities
Mortgage Notes Payable Secured by Investment Property$329,700$659,400▲ $329,700
Other Liabilities$367,398$415,070▲ $47,672
Accounts Payable and Accrued Expenses$157,175$289,222▲ $132,047
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$854,273$1,363,692▲ $509,419
Net Assets / Fund Balance
Unrestricted Net Assets$8,138,778$7,979,075▼ $159,703
Permanently Rstr Net Assets$1,004,999$1,086,924▲ $81,925
Temporarily Rstr Net Assets$734,570$522,256▼ $212,314
Total Net Assets Fund Balance$9,878,347$9,588,255▼ $290,092
Total Liabilities and Net Assets / Fund Balance$10,732,620$10,951,947▲ $219,327

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,641$193,393$212,586
Leasehold Improvements$92,868$97,700$173,243
Other Land Buildings$7,268$21,598$26,241

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,147,865$57,924▲ $81,307-$1,285,096
2013$828,213$223,422▲ $98,230-$1,147,865
2012$766,910$61,303--$828,213
2011$0$766,910--$766,910
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Francesco SgarigliaDirector Italian ProgramFT$152,030$23,917$175,947

Board Members and Trustees

NameTitle
Gregory Bucherchair
Mary T BoatwrightBoard Member
Peter BingBoard Member
Phil StinsonBoard Member
Susan R StevensBoard Member
richard Fletcherboard member

Highest Paid Contractors

ContractorServicesLocationCompensation
Duke UniversityAdministrative2016 CAMPUS DRIVE PO BOX 90057, Durham, NC 27708$116,000
Revenue and Support

Revenue Composition

Contributions and Grants
$110,499
Program Service Revenue
$1,995,928
Investment Income
$335,955
Other Revenue
$0
All Other Contributions
$110,499
Change in Net Assets
$94,919

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$25,096Fair Market Value (FMV)
Other Non Cash Contri Table1$20,000Fair Value
Total Noncash Contributions2$45,096-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,152,275
Revenue Not Reported on Financial Statements
$290,107
Revenue Not Reported on Form 990
$-369,923
Other Revenue Adjustments
$235,100
Total Revenue per Audited Statements
$1,782,352
Total Revenue per Form 990
$2,442,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,153,215
Other Expenses$959,148
Grants and Similar Amounts Paid$235,100
Total Fundraising Expense$72,989
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$641,436$64,319$49,554$755,309
Occupancy$336,271--$336,271
Foreign Grants$235,100--$235,100
Current Officers, Directors, Trustees, and Key Employees-$175,947-$175,947
Payroll Taxes$94,076$65,120-$159,196
Fees for Services Other-$145,258-$145,258
Fees for Service Investment Mgmnt Fees-$55,007-$55,007
Other Employee Benefits$41,748$4,209-$45,957
Travel$17,887$26,764-$44,651
Depreciation Depletion$37,398--$37,398
Fees for Services Legal-$37,083-$37,083
Office Expenses-$15,566$18,499$34,065
Fees for Services Accounting-$32,010-$32,010
Pension Plan Contributions$15,723$1,083-$16,806
All Other Expenses-$11,612$2,596$14,208
Insurance$10,173--$10,173
Interest-$6,792-$6,792
Advertising--$2,340$2,340
Other Expenses$7,222$830-$830
Total Functional Expenses$1,632,874$641,600$72,989$2,347,463

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,347,463
Expenses per Audited Statements$2,057,356
Total Expenses per Audited Statements$2,057,356
Expenses Not Reported on Financial Statements$290,107
Other Expense Adjustments$235,100
International Activity

International Summary

Offices
1
Employees
13
Spending
$2,232,708

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesEducational Program113$2,232,708
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

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
Italian Severance Payable$415,070
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI, Section B, line 11B, review of the 990

The Form 990 was provided to all members of the managing committee for their review and approval prior to submission.

Part VI, Section B, line 12C, Conflict of interest policy

Disclosure of any conflicts of interest are made to supervisors and to the managing committee for review and resolution.

Part VI, Section B, Line 15B, Compensation policy

Salaries for all employees are determined annually by the managing committee. Salaries for the Professor in Charge and all instructional staff are set at competetive rates based on salaries paid for similar programs by other colleges and universities. Salaries for support staff are determined based on years of service and responsibilities assumed by the individual staff member. All salaries are approved during the annual budget process by the managing committee.

Part VI, sECTION C, LINE 19, Governing documents

ICCS WILL MAKE THEIR GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS and form 990 ARE also MADE AVAILABLE ON GUIDESTAR.ORG.

pART VI, SECTION A, LINE 3, MANAGEMENT COMPANY

DUKE UNIVERSITY STUDY ABROAD OFFICE MANAGES THE APPLICATION, enrollment, grades, tuition and all other related ACTIVITIES for the students OF ICCS, IN EXCHANGE FOR AN ANNUAL MANAGEMENT FEE.

Filing and Contact Details

Filer

Filer Name
Intercollegiate Center for Classical Studies
EIN
83-0406747
In Care Of
% MICHAEL CRITELLI CPA
Phone
7328159800
Address
Fidelis-216 Centerview Dr Ste 317, Brentwood, TN 37027

Signing Officer

Name
Gregory Bucher
Title
chair
Phone
4025333198
Signed
2017-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Bucher
Formed
2004
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
6

Preparer

Firm
WithumSmithBrown PC
Address
1 SPRING STREET, NEW BRUNSWICK, NJ 08901
Preparer
Catherine Bendall
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A, Program service accomplishments

Founded in 1965, iccs provides the premier program in rome for american undergraduates studying ancient history, art history, archaeology, greek, and latin. Over 100 top colleges and universities, public and private, form a consortium that owns iccs. Those institutions, through faculty representatives they appoint, elect from their number a managing committee of 5 faculty who serve for 5 years each as a governing board. This board elects a chair for a term of 5 years. This board serves as the governors of the tennessee-based 501(c)(3) corporation that administers the academic program. The managing committee is assisted in administrative matters with services contractually rendered by duke university. The mission of the iccs is to bring academically meritable students into contact with the roman and greek antiquities. In its current quarters in rome, the iccs can admit an ideal of about 36 students in each semester. In pursuit of this enrollment number, many scholarships are awarded on the basis of demonstrated student need. In the most recent semester, spring 2017, 100% of student need was met. Each semester at iccs entails fifteen weeks of instruction, for which academic credit is granted through duke university. The heart of the program of study, mandatory for all students, is a two-credit comprehensive course, the ancient city. This course is carried out through extensive on-site and classroom instruction. The on-site component, at archaeological sites and museums, integrates the topography of ancient rome with its social history, literature, and culture. Ancient greek culture is also extensively studied through visits to magna graecia and sicily. Other classes offered at iccs are intermediate and advanced ancient greek and latin, as well as beginning italian and art history of the renaissance and baroque periods in rome. Iccs students have been eligible, on a competitive basis, to participate in a research experience for undergraduates in the archaeological study collection of the american academy in rome since 2011. The suzanne deal booth residency prgram brings a prominent us professor to the iccs to work with the students once each academic year. Past booth residents are: richard talbert (unc chapel hill), erich gruen (berkeley), susan stevens (randolph college), anthony corbeill (uk lawrence), and jennifer trimble (stanford). The 2017 booth resident will be judith hallett (um college park). Predoctoral fellows in classical fields of the american academy in rome are brought to the iccs each year to meet iccs students and deliver a talk on their research in the iccs-aar charles l. Babcock lecture series. Iccs faculty consists of an andrew w. Mellon professor in charge, two professors at the associate or assistant level, and a resident instructor who is a graduate student. All are hired for the special expertise they can contribute to the program, and all are hired in open searches carried out in full compliance with us antidiscrimination law. Iccs alumni regularly become leaders in art, literature, music, business, law, medicine, and academia. For example, over 75 fellows of the american academy in rome have been iccs students, faculty members, or both.

Part XI, Reconciliation of Net Assets, 9 - other changes in net assets

There was a currency loss of $(15,088) recorded due to the revaluation of accounts held in Euro during the year ended June 30, 2016.

Part V, Line 2B, Filing of Federal Employment Returns

Salaries for the organization are paid in both Italy and the United States. Italian employees are paid in Italy and all tax filings are done with the Italian government as these employees are all Italian citizens, that work exclusively in italy. There are also professors working in Italy as visiting instructors that are paid a salary. These professors may be United States citizens or citizens of other countries. The professors may be paid directly by the organization through payroll reported on the W-2's and W-3's by the Center to the US Treasury or through a reimbursment for wages and benefits to their home institutions in the United States, who then are responsible for the wage reporting and payment of taxes for these employees.

Financial Statement Notes

Schedule D, Part X, Line 2

The Center is exempt from Federal income taxes as it is a charitable organization under Section 501(c)(3) of the Internal Revenue Code. Additionally, the Center has nonprofit status in Italy and is not subject to any Italian income taxes. Accordingly, no provision for income taxes either in the U.S. or Italy has been recorded in the statements of activities and changes in net assets. Management has evaluated uncertain tax positions and determined there were no uncertain tax positions at the Center as of June 30, 2016 and 2015. In addition, the Center did not have any income tax related penalties or interest for the periods reports in these financial statements.

Schedule D, Part XI & XII, Lines 2D, 4B

Scholarships of $235,100 are netted for financial statement purposes in accordance with accounting principles generally accepted in the United States. These expenses are shown as a reduction of revenue on the financial statement and have been shown as an expense in the Form 990. An adjustment is therefore shown on Part XII line 4b for revenue and Part XIII line 4b for expenses to reconcile from the audited financial statements to the form 990. There is a conversion gain of $87,757 that was included as an adjustment to revenue in the financial statements for the year ended June 30, 2015 that has been shown in the reconciliation of net income above and has therefore been included in Part XII, line 2d as a reduction of revenue in the reconciliation of revenue from the audited finanical statements to the form 990.

Part V, Line 4 - Use of Endowment Funds

Endowment funds have been established by donors and the managing committee for various purposes including scholarships and library enhancements.

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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/OfficerInd1X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt623917
IRS990/Form990PartVIISectionAGrp/PersonNm0Gregory Bucher
IRS990/Form990PartVIISectionAGrp/PersonNm1Peter Bing
IRS990/Form990PartVIISectionAGrp/PersonNm2Phil Stinson
IRS990/Form990PartVIISectionAGrp/PersonNm3richard Fletcher
IRS990/Form990PartVIISectionAGrp/PersonNm4Susan R Stevens
IRS990/Form990PartVIISectionAGrp/PersonNm5Mary T Boatwright
IRS990/Form990PartVIISectionAGrp/PersonNm6Francesco Sgariglia
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6152030
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt0chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3board member
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director Italian Program
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IRS990/FormationYr02004
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IRS990/GrantsPayableGrp/BOYAmt00
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt010173
IRS990/InsuranceGrp/TotalAmt010173
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt06792
IRS990/InterestGrp/TotalAmt06792
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0184483
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09292549
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09169569
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0275294
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0159925
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0136777
IRS990/LandBldgEquipCostOrOtherBssAmt0412071
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02122104
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0INTERCOLLEGIATE CENTER FOR CLASSICAL STUDIES PROVIDES UNDERGRADUATE STUDENTS WITH AN OPPORTUNITY TO STUDY ANCIENT HISTORY, ARCHAEOLOGY, GREEK AND LATIN LITERATURE, ITALIAN LANGUAGE AND RENAISSANCE AND BAROQUE ITALIAN ART IN ROME, ITALY.
IRS990/MoreThan5000KToIndividualsInd0true
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0329700
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0659400
IRS990/NetAssetsOrFundBalancesBOYAmt09878347
IRS990/NetAssetsOrFundBalancesEOYAmt09588255
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0151472
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0151472
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-369923
IRS990/NoncashContributionsAmt055096
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0336271
IRS990/OccupancyGrp/TotalAmt0336271
IRS990/OfficeExpensesGrp/FundraisingAmt018499
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015566
IRS990/OfficeExpensesGrp/TotalAmt034065
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt069395
IRS990/OtherAssetsTotalGrp/EOYAmt044543
IRS990/OtherChangesInNetAssetsAmt0-15088
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04209
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041748
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045957
IRS990/OtherExpensesGrp/Desc0STUDENT FIELD TRIPS
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2LIBRARY EXPENSE
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0830
IRS990/OtherExpensesGrp/ProgramServicesAmt0128980
IRS990/OtherExpensesGrp/ProgramServicesAmt166860
IRS990/OtherExpensesGrp/ProgramServicesAmt27222
IRS990/OtherExpensesGrp/TotalAmt0128980
IRS990/OtherExpensesGrp/TotalAmt166860
IRS990/OtherExpensesGrp/TotalAmt27222
IRS990/OtherExpensesGrp/TotalAmt3830
IRS990/OtherLiabilitiesGrp/BOYAmt0367398
IRS990/OtherLiabilitiesGrp/EOYAmt0415070
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt049554
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt064319
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0641436
IRS990/OtherSalariesAndWagesGrp/TotalAmt0755309
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt065120
IRS990/PayrollTaxesGrp/ProgramServicesAmt094076
IRS990/PayrollTaxesGrp/TotalAmt0159196
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01083
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015723
IRS990/PensionPlanContributionsGrp/TotalAmt016806
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01004999
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01086924
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt051515
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt039115
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032084
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Gregory Bucher
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1EARLY ARRIVAL,GUEST AND SUMMER HOUSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2CONSORTIUM MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01791224
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1135254
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt269450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01791224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1135254
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt269450
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt097635
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0233950
IRS990/PYInvestmentIncomeAmt0553026
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01027330
IRS990/PYOtherRevenueAmt011365
IRS990/PYProgramServiceRevenueAmt02213844
IRS990/PYRevenuesLessExpensesAmt0524470
IRS990/PYSalariesCompEmpBnftPaidAmt01090120
IRS990/PYTotalExpensesAmt02351400
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02875870
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt094919
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01926478
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0472904
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01196450
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01147865
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt057924
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01285096
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt081307
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0828213
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0223422
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01147865
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt098230
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0766910
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt061303
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0828213
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0766910
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0766910
IRS990ScheduleD/EquipmentGrp/BookValueAmt036641
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0193393
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0212586
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0290107
IRS990ScheduleD/ExpensesSubtotalAmt02057356
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt055007
IRS990ScheduleD/InvestmentExpensesNotIncldAmt055007
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt092868
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt097700
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0173243
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-369923
IRS990ScheduleD/OtherExpensesNotIncludedAmt0235100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07268
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021598
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0415070
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ITALIAN SEVERANCE PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0235100
IRS990ScheduleD/RevenueNotReportedAmt0-369923
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0290107
IRS990ScheduleD/RevenueSubtotalAmt02152275
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Center is exempt from Federal income taxes as it is a charitable organization under Section 501(c)(3) of the Internal Revenue Code. Additionally, the Center has nonprofit status in Italy and is not subject to any Italian income taxes. Accordingly, no provision for income taxes either in the U.S. or Italy has been recorded in the statements of activities and changes in net assets. Management has evaluated uncertain tax positions and determined there were no uncertain tax positions at the Center as of June 30, 2016 and 2015. In addition, the Center did not have any income tax related penalties or interest for the periods reports in these financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Scholarships of $235,100 are netted for financial statement purposes in accordance with accounting principles generally accepted in the United States. These expenses are shown as a reduction of revenue on the financial statement and have been shown as an expense in the Form 990. An adjustment is therefore shown on Part XII line 4b for revenue and Part XIII line 4b for expenses to reconcile from the audited financial statements to the form 990. There is a conversion gain of $87,757 that was included as an adjustment to revenue in the financial statements for the year ended June 30, 2015 that has been shown in the reconciliation of net income above and has therefore been included in Part XII, line 2d as a reduction of revenue in the reconciliation of revenue from the audited finanical statements to the form 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Endowment funds have been established by donors and the managing committee for various purposes including scholarships and library enhancements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART XI & XII, LINES 2D, 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part V, Line 4 - Use of Endowment Funds
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0136777

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$1.72$13.2$4.17$2.84$1.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$1.89$11.5$3.34$2.58$0.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$1.53$10.4$3.22$2.67$0.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$1.76$12.5$1.05$1.93$0.88
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$1.32$11.6$2.14$2.35$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.6$0.75$11.8$2.92$2.57$0.36
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$0.72$11.7$3.08$2.69$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.63$10.8$2.89$2.26$0.62
2016Detailed filing. Detailed filing data is available for this year.$11.0$1.36$9.59$2.44$2.35$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$0.85$9.88$2.88$2.35$0.52
2014Detailed filing. Detailed filing data is available for this year.$10.2$0.73$9.49$3.23$2.64$0.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.70$0.50$8.20$2.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.02$0.41$7.61$2.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.81$0.42$6.39$2.03