Barnard College
- Assets
- $958.0m
- Revenue
- $366.3m
- Investments
- $351.3m
- Employees
- 3,011
- Location
- New York, NY
- Founding
- 05/1950
- Data as of
- 06/2022
- EIN
- 13-1628149
Organization Overview
Barnard College is located in New York, NY. The organization was established in 1950. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Barnard College employed 3,011 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barnard College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Barnard College generated $366.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $263.7m during the year ending 06/2022. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Barnard College has awarded 85 individual grants totaling $4,911,519. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BARNARD COLLEGE AIMS TO PROVIDE THE HIGHEST QUALITY LIBERAL ARTS EDUCATION TO PROMISING AND HIGH-ACHIEVING YOUNG WOMEN, OFFERING THE UNPARALLELED ADVANTAGES OF AN OUTSTANDING RESIDENTIAL COLLEGE IN PARTNERSHIP WITH A MAJOR RESEARCH UNIVERSITY. (SEE SCHEDULE O FOR BARNARD COLLEGE'S MISSION STATEMENT 1)
Describe the Organization's Program Activity:
POST-SECONDARY EDUCATION: A BARNARD EDUCATION PROVIDES WOMEN WITH THE TOOLS AND TECHNIQUES NEEDED TO THINK CRITICALLY AND ACT EFFECTIVELY IN THE WORLD TODAY. IT FOSTERS A RESPECT FOR LEARNING, AN APTITUDE FOR ANALYSIS, AND A COMPETENCE IN THE DEMANDING DISCIPLINES OF THE LIBERAL ARTS, WHICH INCLUDES THE SCIENCES. BY VIRTUE OF ITS SPECIAL MISSION AND LOCATION, BARNARD WOMEN STRENGTHEN THEIR INSIGHT INTO INTERCONNECTED WORLDS OF KNOWLEDGE AND EXPERIENCE AND BOLSTER THEIR CONFIDENCE IN FORGING AHEAD WITH THEIR IDEAS, WELL-PREPARED AND UNAFRAID. THIS CATEGORY INCLUDES TUITION, HOUSING, DINING SERVICES, AND HEALTH AND COUNSELING SERVICES.
AUXILIARY ENTERPRISES - PROVIDES SERVICES TO STUDENTS FOR A FEE THAT IS DIRECTLY RELATED TO, ALTHOUGH NOT NECESSARILY EQUAL TO, THE COST OF THE SERVICES. THIS INCLUDES SUMMER AND PRECOLLEGE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sian Leah Beilock Ex-Officio And President | OfficerTrustee | 40 | $985,800 |
Jomysha Stephen Executive Vice President And General Counsel | Officer | 40 | $456,495 |
Lisa Yeh Senior Vice President For Development And Alumnae Relations | Officer | 40 | $478,225 |
Linda Bell Provost, Dean Of The Faculty | Officer | 40 | $421,660 |
Rebecca Wright Professor | 40 | $385,056 | |
Eileen M Di Benedetto CFO And VP For Finance | Officer | 40 | $338,024 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ellucian Company Lp Software | 6/29/22 | $699,343 |
Collaborative Solutions Llc Programming Consultant | 6/29/22 | $3,319,426 |
Ets Contracting Inc Construction Service | 6/29/22 | $342,765 |
Dbi Projects Llc Consulting Services | 6/29/22 | $717,529 |
Affinaquest Llc Consulting Services | 6/29/22 | $233,059 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,327,764 |
| Related organizations | $0 |
| Government grants | $11,068,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,149,525 |
| Noncash contributions included in lines 1a–1f | $12,630,434 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,545,948 |
| Total Program Service Revenue | $214,414,560 |
| Investment income | $3,926,332 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $977,667 |
| Net Gain/Loss on Asset Sales | $83,265,607 |
| Net Income from Fundraising Events | -$270,343 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,338,758 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $49,395,214 |
| Grants and other assistance to Foreign Orgs/Individuals | $96,160 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,852,914 |
| Compensation of current officers, directors, key employees. | $2,962,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,191,376 |
| Pension plan accruals and contributions | $6,647,595 |
| Other employee benefits | $21,714,932 |
| Payroll taxes | $7,193,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $217,170 |
| Fees for services: Accounting | $251,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $127,027 |
| Fees for services: Investment Management | $2,290,406 |
| Fees for services: Other | $3,601,476 |
| Advertising and promotion | $0 |
| Office expenses | $7,089,183 |
| Information technology | $1,467,912 |
| Royalties | $0 |
| Occupancy | $9,024,672 |
| Travel | $642,256 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $576,992 |
| Interest | $6,307,207 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,969,030 |
| Insurance | $1,375,694 |
| All other expenses | $11,333,661 |
| Total functional expenses | $263,655,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,380,214 |
| Pledges and grants receivable | $59,083,442 |
| Accounts receivable, net | $777,501 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,313,888 |
| Inventories for sale or use | $152,639 |
| Prepaid expenses and deferred charges | $3,985,656 |
| Net Land, buildings, and equipment | $287,268,954 |
| Investments—publicly traded securities | $105,221,608 |
| Investments—other securities | $351,310,390 |
| Investments—program-related | $26,313,284 |
| Intangible assets | $44,753,548 |
| Other assets | $8,416,142 |
| Total assets | $957,977,266 |
| Accounts payable and accrued expenses | $33,932,160 |
| Grants payable | $198,168 |
| Deferred revenue | $4,733,493 |
| Tax-exempt bond liabilities | $168,437,547 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $49,136,199 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $33,392,395 |
| Total liabilities | $289,829,962 |
| Net assets without donor restrictions | $135,831,304 |
| Net assets with donor restrictions | $532,316,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $957,977,266 |
Grants Awarded
Over the last fiscal year, Barnard College has awarded $959,671 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITYSPONSORED PROJECT FINANCE PURPOSE: Particle Astrophysics at TeV Energies with VERITAS | $92,233 |
COLUMBIA UNIVERSITYSPONSORED PROJECT FINANCE PURPOSE: MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope | $34,372 |
BOARD OF REGENTS OF UNIVERSITY OF WISCONSINOFFICE FOR RESEARCH AND SPONSORED PROGRAMS PURPOSE: MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope | $109,244 |
GEORGIA TECH RESEARCH CORPORATION PURPOSE: MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope | $81,138 |
COLUMBIA UNIVERSITYSPONSORED PROJECT FINANCE PURPOSE: RAPID 2020 | $9,835 |
RESEARCH FOUNDATION FOR MENTAL HYGIENE INC PURPOSE: Time and Associative Learning | $305,354 |