Manhattanville College is located in Purchase, NY. The organization was established in 1965. 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, Manhattanville College employed 1,052 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manhattanville 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, Manhattanville College generated $96.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $95.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE STUDENTS TO BE ETHICAL AND SOCIALLY RESPONSIBLE LEADERS IN A GLOBAL COMMUNITY.
Describe the Organization's Program Activity:
SEE SCHEDULE O
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Tolomer Trustee | Trustee | 1 | $0 |
Sheila Falvey Finnerty Trustee | Trustee | 1 | $0 |
Ann Jablonski Trustee | Trustee | 1 | $0 |
Michael E Geisler President | OfficerTrustee | 35 | $305,900 |
Mary Foley Cooper Vice Chair | Trustee | 1 | $0 |
Christopher N Lewis Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Chartwells Dining Services Food Contractor | 6/29/22 | $2,709,628 |
Ellucian Company Lp It Services | 6/29/22 | $1,981,261 |
Smg Corp Service Janitorial Services | 6/29/22 | $1,013,314 |
Ssc Inc Security Services | 6/29/22 | $825,441 |
Arthur J Gallagher Risk Risk Mgmt Svcs | 6/29/22 | $816,105 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $10,480,025 |
All other contributions, gifts, grants, and similar amounts not included above | $2,179,486 |
Noncash contributions included in lines 1a–1f | $457,762 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,659,511 |
Total Program Service Revenue | $78,108,000 |
Investment income | $1,699,218 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $988,461 |
Net Gain/Loss on Asset Sales | $1,436,791 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $95,981,945 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $33,936,642 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,157,254 |
Compensation of current officers, directors, key employees. | $1,460,135 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,726,188 |
Pension plan accruals and contributions | $718,076 |
Other employee benefits | $3,977,223 |
Payroll taxes | $2,147,053 |
Fees for services: Management | $0 |
Fees for services: Legal | $94,558 |
Fees for services: Accounting | $159,303 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $45,058 |
Fees for services: Other | $2,673,127 |
Advertising and promotion | $564,408 |
Office expenses | $1,839,320 |
Information technology | $2,945,238 |
Royalties | $0 |
Occupancy | $2,902,553 |
Travel | $704,258 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $367,921 |
Interest | $720,520 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,198,294 |
Insurance | $1,424,403 |
All other expenses | $3,438,041 |
Total functional expenses | $95,556,914 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,907,137 |
Savings and temporary cash investments | $4,635 |
Pledges and grants receivable | $183,776 |
Accounts receivable, net | $2,528,121 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $601,233 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,008,284 |
Net Land, buildings, and equipment | $41,436,512 |
Investments—publicly traded securities | $31,238,846 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,012,262 |
Total assets | $90,920,806 |
Accounts payable and accrued expenses | $4,688,817 |
Grants payable | $0 |
Deferred revenue | $6,862,313 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $100,377 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $18,728,309 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,312,787 |
Total liabilities | $31,692,603 |
Net assets without donor restrictions | $39,217,409 |
Net assets with donor restrictions | $20,010,794 |
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 | $90,920,806 |