Ithaca College FY2021 filing
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Educates, engages, and empowers through theory, practice, and performance. For fiscal year 2021 it reported $309.7M in revenue, $312.6M in expenses, and $718.0M in net assets.Pt I
Summary of the Filing
Where the work happens
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
La Jerne Terry Cornish’s $606K as President is at the 52nd 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
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Shirley M Collado | — | — | — | $666,470 | $723,985 | — |
| La Jerne Terry Cornish | $605,968 | $603,903 | $507,546 | $361,470 | — | — |
| Shirley M Collado | — | — | — | — | — | $583,872 |
| Christopher M Biehn | — | — | — | — | — | $396,273 |
| Anne Hogan Thru 0624 | $379,746 | $229,779 | — | — | — | — |
| Timothy R Carey Thru 0622 | — | — | $371,591 | — | — | — |
| Sean F Reid Thru 062020 | — | — | — | — | — | $325,780 |
| Melanie Stein | $313,894 | $292,908 | $274,483 | $206,878 | $198,257 | — |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 86% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | -15% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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