American University Of Rome is located in Washington, DC. The organization was established in 1971. 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, American University Of Rome employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American University Of Rome 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, American University Of Rome generated $13.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $11.4m during the year ending 06/2022. While expenses have increased by 0.5% 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 PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL: TO ESTABLISH, OPERATE, MAINTAIN AND MAKE KNOWN AN AMERICAN COLLEGE AND UNIVERSITY IN THE CITY OF ROME, ITALY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert J Krapf Chair | OfficerTrustee | 10 | $0 |
Neil Boyden Tanner Vice-Chair | OfficerTrustee | 7 | $0 |
Frank Placenti Acting Secretary | OfficerTrustee | 7 | $0 |
Esther Barazzone Trustee | Trustee | 4 | $0 |
Stephen A Briganti Trustee | Trustee | 4 | $0 |
Elizabeth Dibble Trustee | Trustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aurora Service Srl - Via Antonio Student Housing Cleaning & Maint. | 6/29/15 | $606,674 |
Abroad Housing University Llc Student Housing Cleaning & Maint. | 6/29/15 | $394,552 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $940,729 |
Noncash contributions included in lines 1a–1f | $6,617 |
Total Revenue from Contributions, Gifts, Grants & Similar | $940,729 |
Total Program Service Revenue | $11,948,225 |
Investment income | $717 |
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 | $13,192,072 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $37,155 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,018,387 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $271,266 |
Compensation of current officers, directors, key employees. | $107,258 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,524,883 |
Pension plan accruals and contributions | $179,849 |
Other employee benefits | $18,322 |
Payroll taxes | $670,591 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,127 |
Fees for services: Accounting | $52,823 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $149,488 |
Advertising and promotion | $379,752 |
Office expenses | $400,924 |
Information technology | $353,733 |
Royalties | $0 |
Occupancy | $2,904,397 |
Travel | $26,821 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $177,245 |
Interest | $29,476 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $206,436 |
Insurance | $162,315 |
All other expenses | $241,931 |
Total functional expenses | $11,365,281 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,842 |
Savings and temporary cash investments | $4,507,711 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $764,690 |
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 | $198,745 |
Net Land, buildings, and equipment | $227,371 |
Investments—publicly traded securities | $502,088 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $123,173 |
Other assets | $73,633 |
Total assets | $6,401,253 |
Accounts payable and accrued expenses | $2,145,443 |
Grants payable | $0 |
Deferred revenue | $838,006 |
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 | $766,769 |
Total liabilities | $3,750,218 |
Net assets without donor restrictions | $1,915,228 |
Net assets with donor restrictions | $735,807 |
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 | $6,401,253 |
Over the last fiscal year, American University Of Rome has awarded $53,270 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF MARYLAND PURPOSE: SCHOLARSHIPS/STUDY ABROAD PROGRAM | $15,453 |
LIM COLLEGE PURPOSE: SCHOLARSHIPS/STUDY ABROAD PROGRAM | $37,817 |