Intercollegiate Center For Classical Studies
- Assets
- $14.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Brentwood, TN
- Founding
- 01/2006
- Data as of
- 06/2021
- EIN
- 83-0406747
Organization Overview
Intercollegiate Center For Classical Studies is located in Brentwood, TN. The organization was established in 2006. 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, Intercollegiate Center For Classical Studies employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intercollegiate Center For Classical Studies 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, Intercollegiate Center For Classical Studies generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES UNDERGRADUATE STUDENTS WITH AN OPPORTUNITY TO STUDY ABROAD WITH PROGRAMS IN CLASSICAL STUDIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE FULL PROGRAM DESCRIPTION IN SCHEDULE O.
SEE FULL PROGRAM DESCRIPTION IN SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francesco Sgariglia Director Italian Program | Officer | 40 | $177,674 |
Myles Mcdonnell Professor In Charge | Officer | 40 | $104,500 |
Gregory Bucher Chair | OfficerTrustee | 1 | $0 |
Tim O'sullivan Secretary | OfficerTrustee | 0 | $0 |
Amanda Wilcox Board Member | Trustee | 1 | $0 |
Gary Farney Board Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $83,697 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,697 |
| Total Program Service Revenue | $65,350 |
| Investment income | $236,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $658,787 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,045,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $282,174 |
| Compensation of current officers, directors, key employees. | $177,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $647,366 |
| Pension plan accruals and contributions | $50,653 |
| Other employee benefits | $20,247 |
| Payroll taxes | $174,702 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,500 |
| Fees for services: Accounting | $43,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75,754 |
| Fees for services: Other | $166,653 |
| Advertising and promotion | $1,548 |
| Office expenses | $43,910 |
| Information technology | $0 |
| Royalties | $249,915 |
| Occupancy | $31,551 |
| Travel | $23,368 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $420 |
| Interest | $15,068 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,668 |
| Insurance | $10,313 |
| All other expenses | $0 |
| Total functional expenses | $1,930,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,558 |
| Savings and temporary cash investments | $447,926 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $0 |
| 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 | $28,644 |
| Net Land, buildings, and equipment | $116,312 |
| Investments—publicly traded securities | $13,492,756 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,551 |
| Total assets | $14,265,747 |
| Accounts payable and accrued expenses | $192,582 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $907,746 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $655,519 |
| Total liabilities | $1,755,847 |
| Net assets without donor restrictions | $9,890,328 |
| Net assets with donor restrictions | $2,619,572 |
| 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 | $14,265,747 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Intercollegiate Center For Classical Studies has recieved totaling $49.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Endowment Analysis
| Beg. Balance | $2,262,383 |
| Earnings | $474,810 |
| Net Contributions | $61,357 |
| Grants | $104,500 |
| Ending Balance | $2,694,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caney Creek Community Center Pippa Passes, KY | $136,427,755 | $30,649,937 |
University Of Mary Washington Foundation Fredericksburg, VA | $186,636,934 | $19,915,035 |
Lemoyne Owen College Memphis, TN | $53,577,456 | $23,441,931 |
Blue Mountain College Blue Mountain, MS | $37,926,447 | $21,477,479 |
Patrick Henry College Purcellville, VA | $42,398,323 | $19,179,268 |
Brewton Parker College Inc Mount Vernon, GA | $26,983,767 | $18,922,646 |
Bennett College Greensboro, NC | $45,162,174 | $40,377,386 |
Arkansas Baptist College Little Rock, AR | $34,676,418 | $14,634,571 |
Cox College Springfield, MO | $0 | $12,064,783 |
Welch College Gallatin, TN | $41,634,056 | $11,542,139 |
Paine College Augusta, GA | $39,651,651 | $10,570,569 |
Judson College Marion, AL | $32,056,907 | $7,964,098 |