Barnard College FY2021 filing

Tax-deductible

New York, NY501(c)(3)Since 1889Colleges & UniversitiesEIN 13-1628149Revenue $267.8M in FY2021

On file with the IRSbarnard.edu3009 Broadway, 10027-6598 · New York, NYTax-exempt since May 1950School — 170(b)(1)(A)(ii)

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Barnard College aims to provide the highest quality liberal arts education to promising and high-achieving young women, offering the unparalleled advantages of an outstanding residential College in partnership with a major research university.( cont in SC o)

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$5.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $31.6M a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5.4M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $1.1M
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$293.3M
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 31 voting members
Looks good: 29 of 31 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$267.8M
+12% vs prior year
Spent
$220.3M
To programs
84%
Net assets
$641.6M
By yearFY2020–FY2024
Revenue
$267.8M
FY2021▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$239.0M
FY2021$267.8M
FY2022$366.3M
FY2023$313.7M
FY2024$351.5M
FY2024$354.0M
Expenses
$220.3M
FY2021▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$241.1M
FY2021$220.3M
FY2022$263.7M
FY2023$313.3M
FY2024$341.9M
FY2024$345.6M
Net assets
$641.6M
FY2021▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$519.0M
FY2021$641.6M
FY2022$668.1M
FY2023$689.9M
FY2024$734.3M
FY2024$786.0M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1950.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $184.1M Management & general 13% · $29.1M Fundraising 3% · $7.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

47 people listed on the 990; $5.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Ex-Officio and President
$823,353Pt VII · Sec A
VP for Development
$425,159Pt VII · Sec A
$378,591Pt VII · Sec A
EVP of the College, General Counsel and Chief of Staff to the President
$357,336Pt VII · Sec A
Provost Dean of the Faculty
$351,195Pt VII · Sec A
Professor
$309,997Pt VII · Sec A
VP for Human Resources
$295,455Pt VII · Sec A
$283,881Pt VII · Sec A

Laura Rosenbury’s $951K as Ex-Officio and President is at the 73rd percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Sian Leah Beilock—$372,791$1,141,046$985,800$823,353$821,053
Laura Rosenbury$950,938$572,381————
Lisa Yeh—$613,189$519,640$478,225$425,159$447,800
Linda Bell$587,613$533,862$513,151$421,660$351,195$386,855
Kelli Murray$479,303$223,606————
Sarah Gillman$349,051$466,544$107,935———
Jomysha Stephen—$398,955$460,429$456,495$357,336$372,332
Robert Goldberg—————$443,478

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides a high-quality liberal arts education to promising young women through a residential college experience in partnership with a major research university.

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2 programs · $184.1M · in their own filed words · FY2020
01

Post-Secondary Education

A Barnard education provides women with the tools and techniques needed to think critically and act effectively in the world today. It fosters a respect for learning, an aptitude for analysis, and a competence in the demanding disciplines of the liberal arts, which includes the sciences.

$150.8Mprogram expense
02

Auxiliary Enterprises

Provides services to students for a fee that is directly related to, although not necessarily equal to, the cost of the services. This includes Summer and Precollege programs.

$33.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 9 funders →
Grants paid · 124 grants · $333.7M · 2019–2024
Unitemized GrantFY2024$65,017,244
Unitemized GrantFY2024$507,832
Unitemized GrantFY2024$380,242
Unitemized GrantFY2024$290,084
University of Maine System INCME · FY2024$162,036
Board of Regents of University of Wisconsin SystemFY2024$149,988
University of HoustonFY2024$28,279
Washington UniversityMO · FY2024$14,935
Duke UniversityNC · FY2024$12,721
Biobus INCNY · FY2024$10,202
Unitemized GrantFY2023$58,983,016
See all 124 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$267.8M
Ln 12
Fees for servicesLn 2g$164.0M
Gifts and grantsLn 1h$70.0M
Investment incomeLn 3$32.9M
Money outPt IX
$220.3M
Ln 25
Programscol B$184.1M
Managementcol C$29.1M
Fundraisingcol D$7.1M
Owns and owesPt X
$641.6M
net assets · Ln 32
Cash and savingsLn 1–2$33.9M
Total assetsLn 16$935.0M
LiabilitiesLn 26$293.3M
PeoplePt VI, VII
47
listed · VII A
PaidVII A17
Voting boardVI 1a31
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$70.0M
Government grantsLn 1e$8.4M
Noncash giftsLn 1g$10.0M
Fundraising eventsLn 1c$2.1M
Fees for servicesLn 2g$164.0M
Investment incomeLn 3$32.9M
Other incomeLn 4–11$870K
Gains on assetsLn 7$29.9M
Total revenueLn 12$267.8M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$33.9M
Cash and savings togetherLn 1–2$33.9M
InvestmentsLn 11–13$508.0M
Land, buildings, equipmentLn 10c$275.2M
Other assetsLn 15$1.4M
Total assetsLn 16$935.0M
LiabilitiesLn 26$293.3M
Net assetsLn 32$641.6M
OperationsPt I, VI
EmployeesI 53,262
VolunteersI 6644
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$47.3M$33.9M
InvestmentsLn 11–13$413.1M$508.0M
Land, buildings, equipmentLn 10c$270.8M$275.2M
Total assetsLn 16$830.5M$935.0M
LiabilitiesLn 26$311.5M$293.3M
Net assetsLn 32$519.0M$641.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$36.5M$36.5M
Grants and assistance to foreign recipientsLn 3$1.5M$1.5M
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$4.2M$1.1M$2.6M$521K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$84.1M$68.7M$11.7M$3.7M
Pension plan contributionsLn 8$8.7M$7.5M$914K$336K
Other employee benefitsLn 9$18.7M$15.0M$2.8M$859K
Payroll taxesLn 10$6.7M$5.4M$990K$304K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$784K$22K$760K$3K
Accounting feesLn 11c$227K$0$227K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$145K$145K
Investment management feesLn 11f$1.7M$0$1.7M$0
Other fees for servicesLn 11g$2.8M$1.5M$1.3M$22K
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$4.7M$2.4M$1.9M$440K
Information technologyLn 14$1.4M$373K$988K$25K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$7.8M$6.6M$581K$542K
TravelLn 17$117K$81K$36K$688
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$190K$160K$30K$50
InterestLn 20$9.5M$9.5M$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$11.8M$11.0M$756K$46K
InsuranceLn 23$1.0M$837K$197K$0
Other expenses (24a–d)Ln 24$9.1M$9.1M$0$0
All other expensesLn 24e$8.6M$6.8M$1.6M$171K
Total functional expensesLn 25$220.3M$184.1M$29.1M$7.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $351.5M$341.9M$9.5M$734.3M 990 PDF
FY2023 $313.7M$313.3M$466K$689.9M 990 PDF
FY2022 $366.3M$263.7M$102.7M$668.1M 990 PDF
FY2021 Viewing $267.8M$220.3M$47.5M$641.6M 990 PDF
FY2020 $239.0M$241.1M−$2.1M$519.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $267,817,606 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $45,386,944$70,036,063
I-9 Program service revenuePrior year $182,122,273$163,976,180
I-10 Investment incomePrior year $9,538,030$32,935,223
I-11 Other revenuePrior year $1,919,406$870,140
I-12 Total revenuePrior year $238,966,653$267,817,606
I-13 Grants and similar amounts paidPrior year $41,975,533$38,028,013
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $129,594,180$122,310,580
I-16a Professional fundraising feesPrior year $208,394$144,522
I-17 Other expensesPrior year $69,296,200$59,790,679
I-18 Total expensesPrior year $241,074,307$220,273,794
I-19 Revenue less expensesPrior year −$2,107,654$47,543,812
Part VI · Governance 29 of 31 board members independent, no flags
VI-1a Voting members of the governing body31
VI-1b Independent voting members29
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $267,817,606 across 16 lines filed
Lines not itemized here account for $272,935 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$2,097,744
VIII-1d Related organizations$0
VIII-1e Government grants$8,354,207
VIII-1f All other contributions, gifts and grants$59,584,112
VIII-1g Noncash contributions (included above)$10,028,035
VIII-1h Total contributions, gifts and grants$70,036,063
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $163,976,180 · Unrelated business $0 · Excluded from tax $0$163,976,180
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,030,685$3,030,685
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax −$182,269−$182,269
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $29,904,538$29,904,538
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$68,886−$68,886
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $347,957 · Unrelated business $0 · Excluded from tax $500,403$848,360
VIII-12 Total revenueRelated to mission $164,597,072 · Unrelated business $0 · Excluded from tax $33,184,471$267,817,606
Part IX · Statement of functional expenses $220,273,794 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $36,545,320$36,545,320
IX-3 Grants and assistance to foreign recipientsPrograms $1,482,693$1,482,693
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $1,053,822 · Management $2,575,753 · Fundraising $521,415$4,150,990
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $68,650,739 · Management $11,714,233 · Fundraising $3,695,942$84,060,914
IX-8 Pension plan contributionsPrograms $7,480,358 · Management $914,362 · Fundraising $335,771$8,730,491
IX-9 Other employee benefitsPrograms $14,988,544 · Management $2,847,831 · Fundraising $858,961$18,695,336
IX-10 Payroll taxesPrograms $5,378,752 · Management $989,597 · Fundraising $304,500$6,672,849
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $22,131 · Management $759,522 · Fundraising $2,700$784,353
IX-11c Accounting feesPrograms $0 · Management $227,141 · Fundraising $0$227,141
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $144,522$144,522
IX-11f Investment management feesPrograms $0 · Management $1,731,636 · Fundraising $0$1,731,636
IX-11g Other fees for servicesPrograms $1,539,545 · Management $1,250,988 · Fundraising $22,041$2,812,574
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $2,374,137 · Management $1,866,769 · Fundraising $439,883$4,680,789
IX-14 Information technologyPrograms $372,792 · Management $988,427 · Fundraising $25,308$1,386,527
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $6,637,091 · Management $580,854 · Fundraising $542,168$7,760,113
IX-17 TravelPrograms $80,546 · Management $36,013 · Fundraising $688$117,247
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $160,170 · Management $29,503 · Fundraising $50$189,723
IX-20 InterestPrograms $9,521,661 · Management $0 · Fundraising $0$9,521,661
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $11,025,322 · Management $755,506 · Fundraising $45,799$11,826,627
IX-23 InsurancePrograms $836,695 · Management $196,586 · Fundraising $0$1,033,281
IX-24 Other expenses (24a–d)Programs $9,146,518 · Management $0 · Fundraising $0$9,146,518
IX-24e All other expensesPrograms $6,775,856 · Management $1,625,758 · Fundraising $170,875$8,572,489
IX-25 Total functional expensesPrograms $184,072,692 · Management $29,090,479 · Fundraising $7,110,623$220,273,794
Part X · Balance sheet $934,956,587 assets, 24 lines filed
Asset lines not itemized here account for $1,316,858; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $47,308,457$33,930,795
X-3 Pledges and grants receivableStart of year $44,511,514$58,311,226
X-4 Accounts receivableStart of year $382,238$649,884
X-8 Inventories for sale or useStart of year $230,178$153,024
X-9 Prepaid expenses and deferred chargesStart of year $3,504,158$8,256,681
X-10c Land, buildings and equipment, netStart of year $270,794,563$275,222,863
X-11 Publicly traded securitiesStart of year $74,382,996$91,277,667
X-12 Other securitiesStart of year $291,695,652$380,824,244
X-13 Program-related investmentsStart of year $47,032,518$35,877,312
X-14 Intangible assetsStart of year $45,995,051$47,688,601
X-15 Other assetsStart of year $3,125,561$1,447,432
X-16 Total assetsStart of year $830,490,132$934,956,587
X-17 Accounts payable and accrued expensesStart of year $22,330,876$25,183,283
X-18 Grants payableStart of year $390,963$277,915
X-19 Deferred revenueStart of year $2,714,552$3,565,167
X-20 Tax-exempt bond liabilitiesStart of year $187,434,882$171,030,920
X-24 Unsecured notes and loans payableStart of year $10,000,000$0
X-25 Other liabilitiesStart of year $40,905,611$44,801,583
X-26 Total liabilitiesStart of year $311,517,612$293,309,771
X-27 Net assets without donor restrictionsStart of year $117,779,469$121,299,147
X-28 Net assets with donor restrictionsStart of year $401,193,051$520,347,669
X-32 Total net assets or fund balancesStart of year $518,972,520$641,646,816
X-33 Total liabilities and net assetsStart of year $830,490,132$934,956,587
Part XI · Reconciliation of net assets $641,646,816 net assets at year end
XI-1 Total revenue$267,817,606
XI-2 Total expenses$220,273,794
XI-3 Revenue less expenses$47,543,812
XI-4 Net assets at start of year$518,972,520
XI-5 Net unrealized gains (losses) on investments$75,130,484
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$641,646,816

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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