Cooper Union For The Advancement Of Science And Art

Organization Overview

Cooper Union For The Advancement Of Science And Art is located in New York, NY. The organization was established in 1954. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Cooper Union For The Advancement Of Science And Art employed 912 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooper Union For The Advancement Of Science And Art 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 06/2021, Cooper Union For The Advancement Of Science And Art generated $135.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $109.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE OTHE COOPER UNION FOR THE ADVANCEMENT OF SCIENCE AND ART IS AN ALL-HONORS COLLEGE THAT OFFERS DEGREES IN ENGINEERING, ARCHITECTURE AND FINE ARTS.

Describe the Organization's Program Activity:

INSTRUCTION: THE COOPER UNION FOR THE ADVANCEMENT OF SCIENCE AND ART IS AMONG THE UNITED STATES' OLDEST AND MOST DISTINGUISHED HIGHER EDUCATION INSTITUTIONS. IT IS COMPRISED OF THREE PROFESSIONAL SCHOOLS: ARCHITECTURE, ART, AND ENGINEERING; AND A FACULTY OF HUMANITIES AND SOCIAL SCIENCES. (CONTINUED ON SCHEDULE O)THE COLLEGE ADMITS UNDERGRADUATES SOLELY ON MERIT AND HISTORICALLY AWARDED FULL-TUITION SCHOLARSHIPS TO ALL ENROLLED STUDENTS. FOLLOWING A PROVISIONAL REDUCTION IN 2014 OF SCHOLARSHIPS TO 50% OF TUITION DUE TO FISCAL REASONS, THE COLLEGE IS NOW EXECUTING A BOARD-APPROVED PLAN TO RESUME ITS PRACTICE OF AWARDING FULL-TUITION SCHOLARSHIPS TO ALL ENROLLED STUDENTS. THE INSTITUTION PROVIDES STUDENTS CLOSE CONTACT WITH A DISTINGUISHED, CREATIVE FACULTY AND FOSTERS RIGOROUS, HUMANISTIC LEARNING THAT IS ENHANCED BY THE PROCESS OF DESIGN AND AUGMENTED BY THE URBAN SETTING. ENROLLMENT FOR THE 2020-2021 ACADEMIC YEAR WAS 835 UNDERGRADUATE STUDENTS AND 90 GRADUATE STUDENTS.


RESIDENCE LIFE: THE COOPER UNION STUDENT RESIDENCE OFFERS APARTMENT-STYLE HOUSING TO 77 STUDENTS (CAPACITY WAS REDUCED DUE TO THE COVID-19 PANDEMIC). THE FACILITY IS STAFFED BY PROFESSIONAL AND GRADUATE STUDENT STAFF AND SEVEN UNDERGRADUATE RESIDENT ASSISTANTS. THE HOUSING AND RESIDENTIAL EDUCATION STAFF HOSTS SOCIAL, EDUCATIONAL, AND CULTURAL PROGRAMS AIMED AT BUILDING A STRONG COMMUNITY, INCREASING APPRECIATION FOR DIVERSE BACKGROUNDS AND PERSPECTIVES, AND HELPING STUDENTS TRANSITION TO LIFE IN NEW YORK CITY AND AT THE COOPER UNION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ug2 Llc
Custodial Services
$1,320,420
Universal Protection Serv
Security Services
$1,185,283
Savills Inc
Legal Services
$375,000
Manhattan Business Interiors
Construction
$1,070,791
Dwd Builders Inc
Construction
$1,127,490
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$390,254
Related organizations$0
Government grants $1,396,031
All other contributions, gifts, grants, and similar amounts not included above$13,405,554
Noncash contributions included in lines 1a–1f $523,273
Total Revenue from Contributions, Gifts, Grants & Similar$15,191,839
Total Program Service Revenue$41,578,189
Investment income $61,812,584
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,156,740
Net Gain/Loss on Asset Sales $15,660,900
Net Income from Fundraising Events -$183
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $135,635,048

Grants Recieved

Over the last fiscal year, we have identified 36 grants that Cooper Union For The Advancement Of Science And Art has recieved totaling $920,500.

Awarding OrganizationAmount
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

$150,000
Sherman Fairchild Foundation Inc

Chevy Chase, MD

PURPOSE: ARTS & TECHNOLOGY-PHASE V

$140,409
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$125,514
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$60,800
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$60,800
Foundation To Promote Open Society

New York, NY

PURPOSE: TO SUPPORT THE COOPER UNION SCHOOL OF ART'S INTRA-DISCIPLINARY SEMINAR, A SERIES OF LECTURES, OPEN TO AND FREE FOR THE PUBLIC, BY ARTISTS, THEORISTS, ACTIVISTS, DESIGNERS, WRITERS, CURATORS AND OTHER PRACTITIONERS INVOLVED IN THE ARTS FROM POSITIONS THAT EMBODY AN INTERDISCIPLINARY APPROACH OR THAT IMPLY NEW USES FOR DISCIPLINARY TRADITIONS

$52,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$867,509,372
Earnings$108,531,984
Net Contributions$2,088,925
Grants$58,148,537
Ending Balance$919,981,744

Peer Organizations

Organization NameAssets
Berklee College Of Music Inc
Boston, MA
$384,612,408
Ithaca College
Ithaca, NY
$365,679,639
Trustees Of Amherst College
Amherst, MA
$407,702,412
Wellesley College
Wellsley, MA
$515,515,442
Touro University
New York, NY
$321,976,604
Williams College
Williamstown, MA
$397,351,793
Wesleyan University
Middletown, CT
$326,592,000
Saint Josephs University
Philadelphia, PA
$347,052,680
Emerson College
Boston, MA
$275,696,398
Colgate University Treasurers Office
Hamilton, NY
$378,114,548
Trustees Of The College Of The Holy Cross
Worcester, MA
$265,241,305
Babson College
Babson Park, MA
$304,101,925

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