New York School Of Interior Design
- Assets
- $51.8m
- Revenue
- $19.4m
- Investments
- $0.0
- Employees
- 266
- Location
- New York, NY
- Founding
- 04/1938
- Data as of
- 06/2022
- EIN
- 13-1662715
Organization Overview
New York School Of Interior Design is located in New York, NY. The organization was established in 1938. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, New York School Of Interior Design employed 266 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York School Of Interior Design 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, New York School Of Interior Design generated $19.4m 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 $16.8m during the year ending 06/2022. While expenses have increased by 2.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW YORK SCHOOL OF INTERIOR DESIGN IS AN INSTITUTION OF HIGHER LEARNING OFFERING THE FOLLOWING DEGREES: MFA, MPS, BA, BFA, AAS AND A DESIGN CERTIFICATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sprouls President | Officer | 40 | $273,799 |
Jane Chen Vp-Finance & Administration | Officer | 40 | $196,560 |
Ellen Fisher Vp-Academic Affairs & Dean | Officer | 40 | $192,400 |
Joy Cooper Director Of Development | 40 | $152,048 | |
Richard Class Assistant Dean | 40 | $139,637 | |
Yvonne Moray Avp-Administration | 40 | $123,206 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wilkinson Global Asset Management Llc Investment Mgmt Fees | 6/29/22 | $255,930 |
Creative Communication Associates Marketing | 6/29/22 | $344,782 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $508,334 |
| Related organizations | $0 |
| Government grants | $30,423 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,932 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $843,689 |
| Total Program Service Revenue | $17,062,279 |
| Investment income | $480,786 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,036,815 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,439,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $966,069 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $883,740 |
| Compensation of current officers, directors, key employees. | $601,804 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,672,253 |
| Pension plan accruals and contributions | $423,647 |
| Other employee benefits | $1,116,500 |
| Payroll taxes | $529,744 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,162 |
| Fees for services: Accounting | $76,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $253,834 |
| Fees for services: Other | $752,313 |
| Advertising and promotion | $894,899 |
| Office expenses | $196,335 |
| Information technology | $519,123 |
| Royalties | $0 |
| Occupancy | $2,606,993 |
| Travel | $9,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,779 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,045,386 |
| Insurance | $229,527 |
| All other expenses | $0 |
| Total functional expenses | $16,840,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,251,491 |
| Savings and temporary cash investments | $14,135,901 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $158,109 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $184,735 |
| Net Land, buildings, and equipment | $9,332,975 |
| Investments—publicly traded securities | $26,462,381 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $313,434 |
| Total assets | $51,839,026 |
| Accounts payable and accrued expenses | $706,101 |
| Grants payable | $0 |
| Deferred revenue | $4,108,190 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,814,291 |
| Net assets without donor restrictions | $41,845,091 |
| Net assets with donor restrictions | $5,179,644 |
| 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 | $51,839,026 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that New York School Of Interior Design has recieved totaling $233,050.
| Awarding Organization | Amount |
|---|---|
The Thomas J Edelman Foundation New York, NY PURPOSE: TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501 (C)(3) | $100,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR THE TEACHING GREEN SYMPOSIUM | $60,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $35,000 |
Jackson E And Evelyn G Spears Foundation Inc New York, NY PURPOSE: GENERAL FUND - FOR ANNUAL EXPENSES | $25,500 |
Kay Unger Family Foundation Inc New York, NY PURPOSE: GENERAL AND/OR EDUCATIONAL PURPOSES | $7,500 |
Meyer & Jean Steinberg Family Foundation Inc New York, NY PURPOSE: CHARITABLE AND EDUCATIONAL PURPOSES | $5,000 |
Endowment Analysis
| Beg. Balance | $9,345,377 |
| Earnings | -$1,401,646 |
| Net Contributions | $3,226,938 |
| Other Expense | $482,003 |
| Ending Balance | $10,688,666 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Immaculata University Immaculata, PA | $90,984,973 | $52,685,329 |
La Roche University Pittsburgh, PA | $39,277,168 | $46,530,372 |
Elmira College Elmira, NY | $122,975,141 | $39,621,630 |
Americans For Oxford Inc New York, NY | $27,457,394 | $43,472,852 |
Pittsburgh Technical Institute Inc Oakdale, PA | $64,231,966 | $39,911,852 |
Faculty Students Association Of State University Of New York Buffalo, NY | $43,712,712 | $37,728,658 |
Eastern Nazarene College Quincy, MA | $46,152,111 | $30,810,403 |
Auxiliary Services State University College At Oswego Inc Oswego, NY | $22,384,872 | $17,397,841 |
New York School Of Interior Design New York, NY | $51,839,026 | $19,439,647 |
Campus Auxiliary Services Inc Geneseo, NY | $17,284,029 | $15,748,461 |
American Friends Of University College Oxford Inc Glastonbury, CT | $206,820 | $11,471,477 |
Vermont College Of Fine Arts Inc Montpelier, VT | $16,896,015 | $9,896,722 |