Bard College is located in Annandaleonhudson, NY. The organization was established in 1950. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Bard College employed 4,164 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bard 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 06/2021, Bard College generated $426.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $289.7m during the year ending 06/2021. While expenses have increased by 1.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BARD COLLEGE SEEKS TO PROVIDE A CHALLENGING ACADEMIC PROGRAM AND A SUPPORTIVE ENVIRONMENT THAT FOSTERS A COLLABORATIVE INTERCHANGE OF IDEAS IN THE CLASSROOM AS WELL AS AMBITION TO ACHIEVE EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BARD COLLEGE IS AN INDEPENDENT, COMPREHENSIVE LIBERAL ARTS COLLEGE LOCATED ON A PARK-LAKE CAMPUS THAT COVERS MORE THAN 1,000 ACRES OF FIELDS AND FORESTED LAND BORDERING THE HUDSON RIVER. BARD HAS DEVELOPED A NEW VISION AND MODEL OF THE LIBERAL ARTS COLLEGE, AS A CENTRAL BODY SURROUNDED BY SIGNIFICANT INSTITUTES AND PROGRAMS - "SATELLITES" - THAT STRENGTHEN ITS' CURRICULUM. WHILE IT IS FLEXIBLE ENOUGH TO INCLUDE PROGRAMS FOR RESEARCH, GRADUATE STUDY, COMMUNITY OUTREACH, AND OTHER CULTURAL AND EDUCATIONAL ACTIVITIES, THE UNDERGRADUATE PROGRAM REMAINS ITS FOCUS. EACH SATELLITE PROGRAM IS DESIGNED TO ENHANCE THE UNDERGRADUATE COURSE OF STUDY BY OFFERING STUDENTS OPPORTUNITIES FOR INTERACTION WITH LEADING ARTISTS AND SCHOLARS. IN ADDITION TO THE UNDERGRADUATE COLLEGE, BARD HAS UNDERTAKEN A NUMBER OF IMPORTANT EDUCATIONAL INITIATIVES THAT INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING: DURING 1979, BARD ASSUMED CONTROL AND OWNERSHIP OF SIMON'S ROCK EARLY COLLEGE (NOW CALLED BARD COLLEGE AT SIMON'S ROCK) (SIMON'S ROCK) LOCATED IN GREAT BARRINGTON, MASSACHUSETTS. ALTHOUGH BARD AND SIMON'S ROCK REMAIN DISTINCT AND CARRY ON SEPARATE ACADEMIC PROGRAMS AT THEIR RESPECTIVE CAMPUSES, THE RELATIONSHIP BETWEEN THE TWO INSTITUTIONS GIVES BARD AN EXCEPTIONAL OPPORTUNITY TO APPLY ITS EXPERIENCE AS A LIBERAL ARTS COLLEGE TO THE DEVELOPMENT OF A STRONG CURRICULUM FOR YOUNGER STUDENTS. IN MARCH 1986, BARD ESTABLISHED THE LEVY ECONOMICS INSTITUTE OF BARD COLLEGE, WHICH IS DEDICATED TO IMPROVING THE HUMAN CONDITION THROUGH THE STUDY OF ECONOMICS AND THE GENERATION OF EFFECTIVE PUBLIC POLICY RESPONSES TO IMPORTANT PROBLEMS WORLDWIDE. DURING 1992, BARD ENTERED INTO AN OPERATING AGREEMENT WITH THE IRIS FOUNDATION TO ESTABLISH AND MAINTAIN THE BARD GRADUATE CENTER FOR STUDIES IN THE DECORATIVE ARTS, DESIGN, AND CULTURE (BGC). SINCE 1993, THE BGC HAS PRESENTED A UNIQUE, MULTIDISCIPLINARY, AND BROADLY INTERNATIONAL APPROACH TO THE STUDY OF THE DECORATIVE ARTS. THE BGC OFFERS A MASTERS OF ARTS DEGREE IN THE HISTORY OF THE DECORATIVE ARTS AND A DOCTOR OF PHILOSOPHY DEGREE IN THE HISTORY OF THE DECORATIVE ARTS, DESIGN, AND CULTURE. IT SPONSORS SEVERAL MAJOR EXHIBITIONS ANNUALLY AND PRESENTS DIVERSE PUBLIC PROGRAMS FOR AUDIENCES RANGING FROM DECORATIVE ARTS PROFESSIONALS AND COLLECTORS TO SCHOOLCHILDREN. THE BGC IS LOCATED IN NEW YORK CITY, IN TWO BEAUX ARTS TOWNHOUSES CLOSE TO THE CITY'S LEADING MUSEUMS AND GALLERIES, AND, IN BARD HALL. DURING 2003, THE RICHARD B. FISHER CENTER FOR THE PERFORMING ARTS AT BARD COLLEGE (FISHER CENTER) WAS OPENED OFFERING A WORLD-CLASS COMPLEX FOR INNOVATIVE ARTISTIC REPRESENTATION. THE FISHER CENTER IS HOME TO BARD COLLEGE'S THEATER AND DANCE PROGRAMS, AS WELL AS THE BARD MUSIC FESTIVAL, AND HOST TO PERFORMANCES BY THE AMERICAN SYMPHONY ORCHESTRA. GENERALLY, THE FISHER CENTER PROVIDES AUDIENCES WITH A BOLD AND DYNAMIC ENVIRONMENT THAT INSPIRES RISK-TAKING PERFORMANCE AND PROVOCATIVE PROGRAMS IN ORCHESTRAL, CHAMBER, AND JAZZ MUSIC AND THEATER, DANCE AND OPERA BY AMERICAN AND INTERNATIONAL ARTISTS. DURING 2011, BARD ALSO ASSUMED CONTROL AND OWNERSHIP OF ECLA - EUROPEAN COLLEGE OF LIBERAL ARTS GGMBH, NOW CALLED BARD COLLEGE BERLIN, GGMBH AND BARD REAL ESTATE GMBH, A GERMAN ENTITY HOLDING TITLE TO ALL BUT ONE OF BARD COLLEGE BERLIN, GGMBH'S LAND AND BUILDINGS. BARD COLLEGE BERLIN, GGMBH IS A LIBERAL ARTS UNIVERSITY OFFERING AN INNOVATIVE, INTERDISCIPLINARY CURRICULUM WITH A GLOBAL SENSIBILITY. STUDENTS COME TO BERLIN FROM 30 COUNTRIES IN ORDER TO STUDY WITH THE INTERNATIONAL FACULTY. BARD COLLEGE BERLIN, GGMBH IS A REGISTERED AS A SEPARATE 501(C)(3) ORGANIZATION. BARD REAL ESTATE GBMH IS A FOR-PROFIT ENTITY SUBJECT TO GERMAN TAXATION. DURING 2012, BARD ASSUMED CONTROL AND OWNERSHIP OF LONGY SCHOOL OF MUSIC, NOW CALLED THE LONGY SCHOOL OF MUSIC OF BARD COLLEGE (LONGY), LOCATED IN CAMBRIDGE, MASSACHUSETTS. LONGY IS A LEADING DEGREE-GRANTING CONSERVATORY AND SCHOOL OF CONTINUING AND PREPARATORY STUDIES AND OFFERS ELEVEN PROGRAMS LEADING TO A MASTER OF MUSIC DEGREE, AND INTRODUCED A NEW MASTER OF ARTS IN TEACHING PROGRAM IN 2013.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leon Botstein President/trustee | OfficerTrustee | 60 | $444,551 |
Tom Eccles Executive Director Ccs | 40 | $380,891 | |
James Brudvig Philosophy Professor/former VP Finance | 40 | $271,220 | |
Taun Toay Cfo/svp | Officer | 50 | $271,127 |
Karen Zorn President, Longy | 40 | $269,811 | |
Debra Pemstein VP Development | Officer | 40 | $248,382 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hogan Lovells Llp Legal Services | 6/29/21 | $292,401 |
Ellucian Company Software Provider | 6/29/21 | $461,259 |
Cantele Tent Rentals Tent Rentals | 6/29/21 | $274,191 |
Community Counseling Services Professional Fundraisers | 6/29/21 | $488,277 |
Cullen And Dyckman Legal Services | 6/29/21 | $202,295 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,885,956 |
All other contributions, gifts, grants, and similar amounts not included above | $232,856,598 |
Noncash contributions included in lines 1a–1f | $88,078 |
Total Revenue from Contributions, Gifts, Grants & Similar | $236,742,554 |
Total Program Service Revenue | $163,533,618 |
Investment income | $15,127,791 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,115,063 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $426,261,880 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $702,950 |
Grants and other assistance to domestic individuals. | $88,435,008 |
Grants and other assistance to Foreign Orgs/Individuals | $1,671,625 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,893,967 |
Compensation of current officers, directors, key employees. | $1,629,957 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $84,361,942 |
Pension plan accruals and contributions | $7,174,590 |
Other employee benefits | $17,831,760 |
Payroll taxes | $7,947,407 |
Fees for services: Management | $79,265 |
Fees for services: Legal | $958,702 |
Fees for services: Accounting | $161,248 |
Fees for services: Lobbying | $224,517 |
Fees for services: Fundraising | $17,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,272,271 |
Advertising and promotion | $1,567,276 |
Office expenses | $2,728,649 |
Information technology | $631,152 |
Royalties | $1,630 |
Occupancy | $7,376,171 |
Travel | $7,955,934 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $449,158 |
Interest | $11,636,620 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,041,057 |
Insurance | $1,264,333 |
All other expenses | $985,358 |
Total functional expenses | $289,749,135 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,154,702 |
Savings and temporary cash investments | $14,000,441 |
Pledges and grants receivable | $333,120,834 |
Accounts receivable, net | $15,752,565 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,221,088 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $15,126,228 |
Net Land, buildings, and equipment | $282,834,405 |
Investments—publicly traded securities | $34,621,950 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $174,907,683 |
Total assets | $875,739,896 |
Accounts payable and accrued expenses | $26,051,225 |
Grants payable | $0 |
Deferred revenue | $21,487,743 |
Tax-exempt bond liabilities | $250,000,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $5,000,000 |
Secured mortgages and notes payable | $6,514,281 |
Unsecured mortgages and notes payable | $9,000,000 |
Other liabilities | $8,453,902 |
Total liabilities | $326,507,151 |
Net assets without donor restrictions | $56,354,570 |
Net assets with donor restrictions | $492,878,175 |
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 | $875,739,896 |
Over the last fiscal year, we have identified 2 grants that Bard College has recieved totaling $34,081.
Awarding Organization | Amount |
---|---|
Center For Bridging Cultures Inc Alexandria, VA PURPOSE: Cross-Cultural Chinese Language Education Grants aim to support K-12 schools to establish or enhance preexisting Chinese language teaching programs. The grants can be used for teaching materials, technology tools, assessment tests administration, extracurricular activities, teachers professional development, and cultural immersive appreciation experiences during the academic year of 2023 | $19,081 |
The Iv Fund Folsom, CA PURPOSE: BARD PRISON INITIATIVE | $15,000 |
Beg. Balance | $220,804,948 |
Earnings | $31,827,555 |
Net Contributions | $51,214,557 |
Other Expense | $11,041,835 |
Ending Balance | $292,805,225 |
Organization Name | Assets | Revenue |
---|---|---|
Fordham University Bronx, NY | $2,430,141,698 | $953,892,663 |
Rochester Institute Of Technology Rochester, NY | $2,526,196,996 | $1,071,324,345 |
St Johns University New York Jamaica, NY | $1,703,677,283 | $798,473,536 |
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Rockefeller University New York, NY | $4,263,008,941 | $535,346,959 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,538,245,078 | $606,887,297 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Quinnipiac University Hamden, CT | $1,807,258,104 | $531,949,834 |
Seton Hall University South Orange, NJ | $890,349,000 | $473,034,000 |