Sackler School Of Medicine
- Assets
- $3.8m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 5
- Location
- New York, NY
- Founding
- 10/1978
- Data as of
- 09/2020
- EIN
- 13-2887929
Organization Overview
Sackler School Of Medicine is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 09/2020, Sackler School Of Medicine employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sackler School Of Medicine 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 09/2020, Sackler School Of Medicine generated $9.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $9.4m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
MEDICAL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF MEDICAL SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Lazar Edd Exec. Dean & Trustee | OfficerTrustee | 40 | $381,816 |
Gerard J Igel MD Trustee | Trustee | 1 | $4,000 |
Stanley Schrem MD Trustee | Trustee | 1 | $2,000 |
Jeffrey Steiner MD Trustee | Trustee | 1 | $2,000 |
Louis Bernstein Trustee | Trustee | 1 | $0 |
Richard S Sackler MD Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,000 |
| Investment income | $2,284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,320,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $381,816 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $332,738 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,818 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,518 |
| Fees for services: Accounting | $58,946 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $126,850 |
| Advertising and promotion | $24,976 |
| Office expenses | $50,438 |
| Information technology | $13,233 |
| Royalties | $0 |
| Occupancy | $112,000 |
| Travel | $55,178 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,576 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,549 |
| Insurance | $128,241 |
| All other expenses | $0 |
| Total functional expenses | $9,351,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,725,518 |
| Savings and temporary cash investments | $470,649 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $399,568 |
| 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 | $89,002 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,089,419 |
| Total assets | $3,810,351 |
| Accounts payable and accrued expenses | $129,459 |
| Grants payable | $0 |
| Deferred revenue | $2,615,067 |
| 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 | $10,629 |
| Total liabilities | $2,755,155 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,055,196 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sackler School Of Medicine has recieved totaling $33,000.
| Awarding Organization | Amount |
|---|---|
Magbit Foundation Beverly Hills, CA | | $33,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Architectural College Boston, MA | $43,735,977 | $21,122,754 |
Rabbi Isaac Elchanan Theological Seminary New York, NY | $154,914,739 | $24,312,479 |
Webb Institute Glen Cove, NY | $108,979,783 | $22,554,419 |
Clark Summit University Clarks Summit, PA | $12,253,431 | $11,847,715 |
Rosedale Technical College Pittsburgh, PA | $9,955,350 | $10,972,229 |
Sackler School Of Medicine New York, NY | $3,810,351 | $9,320,787 |
New York Academy Of Art New York, NY | $18,557,370 | $9,146,405 |
Auburn Theological Seminary New York, NY | $28,146,377 | $5,237,023 |
Hartford International University For Religion And Peace Hartford, CT | $70,630,501 | $3,322,795 |
Massachusetts School Of Law At Andover Andover, MA | $10,679,528 | $4,847,415 |
New York Theological Seminary New York, NY | $2,378,321 | $4,439,036 |
Yeshiva Derech Chaim Brooklyn, NY | $2,751,947 | $4,396,697 |