2023-11-14T07:25:50-06:00 2022-12-31 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2022-01-01 133857105 ITHAKA HARBORS INC ITHA 2123586400 ONE LIBERTY PLAZA 165 BROADWAY NEW YORK NY 10006 KEVIN GUTHRIE PRESIDENT 2123586400 2023-11-15 1 KEVIN GUTHRIE 999009999 0 CANDICE METH P01306891 2129498700 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEVIN GUTHRIE ONE LIBERTY PLAZA 165 BROADWAY NEW YORK NY 10006 129135555 0 X WWW.ITHAKA.ORG X 1995 NY TO IMPROVE ACCESS TO KNOWLEDGE AND EDUCATION FOR PEOPLE AROUND THE WORLD. 11 10 457 0 0 0 4510666 6513946 98741791 96904789 19699451 11969712 -166307 -236664 122785601 115151783 0 0 0 0 54708788 58025078 0 0 501552 46465101 49173533 101173889 107198611 21611712 7953172 329733736 306195341 141054893 170308421 188678843 135886920 X SEE SCHEDULE OITHAKA HARBORS INC.'S MISSION IS TO IMPROVE ACCESS TO KNOWLEDGE AND EDUCATION FOR PEOPLE AROUND THE WORLD. WE BELIEVE EDUCATION IS KEY TO THE WELL-BEING OF INDIVIDUALS AND SOCIETY. THROUGH OUR WORK, WE MAKE HIGHER EDUCATION AND ACCESS TO KNOWLEDGE MORE AFFORDABLE, IMPROVE OUTCOMES FOR STUDENTS AND RESEARCHERS, AND PRESERVE KNOWLEDGE FOR FUTURE GENERATIONS. OUR SERVICES INCLUDE: ITHAKA S+R, JSTOR, AND PORTICO. 0 0 85104586 87979803 JSTOR - SEE SCHEDULE OJSTOR PROVIDES A PLATFORM FOR DISCOVERING AND CONNECTING RESEARCH, IMAGES, AND PRIMARY SOURCES. WE COLLABORATE WITH LIBRARIES, MUSEUMS, AND PUBLISHERS TO REDUCE COSTS, EXTEND ACCESS, AND PRESERVE SCHOLARSHIP FOR THE FUTURE. JSTOR INCLUDES CONTENT FROM OVER 2,000 ORGANIZATIONS AND SERVES 13,000+ UNIVERSITIES, SCHOOLS, AND INSTITUTIONS IN 176 NATIONS. IN ADDITION TO PROGRAM SERVICE REVENUE OF $87,979,803 REPORTED IN PART III, LINE 4A, ITHAKA RECEIVED GRANT REVENUE OF $660,531 ALLOCABLE TO JSTOR REPORTED ON PART VIII LINE 1F. 6005711 6120153 PORTICO - SEE SCHEDULE OPORTICO IS A COMMUNITY-SUPPORTED PRESERVATION ARCHIVE THAT SAFEGUARDS ACCESS TO E-JOURNALS, E-BOOKS, AND DIGITAL COLLECTIONS. OUR UNIQUE, TRUSTED PROCESS ENSURES THAT THE CONTENT WE PRESERVE WILL REMAIN ACCESSIBLE AND USABLE FOR RESEARCHERS, SCHOLARS, AND STUDENTS IN THE FUTURE. PORTICO INCLUDES: 100+ MILLION ITEMS; 32,000+ E-JOURNALS PRESERVED; 1.4+ MILLION E-BOOKS PRESERVED; 1,000+ PUBLISHERS AND 1,200+ PARTICIPATING LIBRARIES. IN ADDITION TO PROGRAM SERVICE REVENUE OF $6,120,153 REPORTED IN PART III, LINE 4B, ITHAKA RECEIVED GRANT REVENUE OF $98,976 ALLOCABLE TO PORTICO REPORTED ON PART VIII LINE 1F. 6185252 2804833 ITHAKA S+R - SEE SCHEDULE OITHAKA S+R PROVIDES COLLABORATIVE STRATEGIES AND RESEARCH FOR HIGHER EDUCATION AND THE ARTS. WE COLLABORATE WITH FOUNDATIONS, CONSORTIA, AND INDIVIDUAL INSTITUTIONS TO SEEK SOLUTIONS AND INFORM POLICIES IN A RAPIDLY CHANGING ENVIRONMENT. WE GENERATE ACTION-ORIENTED RESEARCH FOR INSTITUTIONAL DECISION-MAKING AND ACT AS A HUB TO PROMOTE AND GUIDE COLLABORATION ACROSS THE COMMUNITIES WE SERVE. WORKING WITH THESE CONSTITUENTS, WE DESIGN AND EVALUATE PROJECTS THAT MAKE HIGHER EDUCATION, SCHOLARLY COMMUNICATION, AND CULTURAL COLLECTIONS MORE ACCESSIBLE TO DIVERSE POPULATIONS. OUR EXTENSIVE, FREELY ACCESSIBLE LIBRARY INCLUDES 200+ RESEARCH REPORTS AND ISSUE BRIEFS, AND 500+ BLOG POSTS. IN ADDITION TO PROGRAM SERVICE REVENUE OF $2,804,833 REPORTED ABOVE, ITHAKA RECEIVED GRANT REVENUE OF $5,754,439 ALLOCABLE TO ITHAKA S+R REPORTED ON PART VIII LINES 1E AND 1F. 97295549 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 95 0 1 457 1 0 1 UK 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO IN MA MN NJ NY NC OR WA IL X CHRIS VANACORE 2123586483 ONE LIBRERTY PLAZA 165 BROADWAY NEW YORK NY 10006 X BARBARA ROCKENBACH TRUSTEE 2.00 0.00 X 2500 0 0 MARTHA E POLLACK TRUSTEE 2.00 0.00 X 0 0 0 DR CLAUDIA V SCHRADER TRUSTEE 2.00 0.00 X 5000 0 0 PETER J DOUGHERTY TRUSTEE 2.00 0.00 X 5000 0 0 SYLVESTER A JOHNSON TRUSTEE 2.00 0.00 X 5000 0 0 CURTIS L KENDRICK TRUSTEE 2.00 0.00 X 5000 0 0 STEVEN G POSKANZER ITHAKA CHAIR 2.00 0.00 X 5000 0 0 JEFFREY A SINE TRUSTEE 2.00 0.00 X 0 0 0 HERBERT S WINOKUR JR TRUSTEE 2.00 0.00 X 5000 0 0 REBECCA BLANK TRUSTEE 2.00 0.00 X 5000 0 0 IRA FUCHS THRU 62022 TRUSTEE 2.00 0.00 X 2500 0 0 SUSAN GIBBONS THRU 62022 TRUSTEE 2.00 0.00 X 2500 0 0 MICHAEL SCHILL THRU 62022 TRUSTEE 2.00 0.00 X 2500 0 0 KEVIN GUTHRIE TRUSTEE & PRESIDENT 40.00 0.00 X X 615533 0 56344 GERARD AURIGEMMA CHIEF FINANCIAL OFFICER & TREASURER 40.00 0.00 X 294564 0 56680 CATHARINE B HILL MANAGING DIRECTOR, ITHAKA S+R 36.00 0.00 X 334564 0 47405 KATE WITTENBERG MANAGING DIRECTOR, PORTICO 40.00 0.00 X 278748 0 46409 NANCY KOPANS VP, GENERAL COUNSEL & SECRETARY 40.00 0.00 X 339712 0 45866 DEBORA BARRETT VP, WORK LIFE & CULTURE 40.00 0.00 X 220120 0 40879 REBECCA SEGER VP, INSTITUTIONAL PARTICIPATION 40.00 0.00 X 444052 0 56680 ROBERT HETERICK SR VP, OPEN COLLECTIONS 40.00 0.00 X 327906 0 56344 MATT S MACQUEEN VP, PRODUCT & DESIGN 40.00 0.00 X 302678 0 56344 DALE L MYERS VP, PLATFORM ENGINEERING AND OPS 40.00 0.00 X 297348 0 47405 JOHN LENAHAN AVP, PUBLISHED CONTENT 40.00 0.00 X 283826 0 56046 SEYMOUR DOUGLAS VP, DATA ANALYTICS 40.00 0.00 X 270882 0 44271 JABIN WHITE VP, CONTENT MANAGEMENT 40.00 0.00 X 257867 0 53354 HEIDI BARTOLACCI VP, COMMUNICATIONS 30.00 0.00 X 208669 0 48503 HARMONY V FAUST VP, MARKETING 40.00 0.00 X 270458 0 54180 ALEX HUMPHREYS VP, ITHAKA NEW VENTURES, JSTOR LABS 40.00 0.00 X 245623 0 52851 MARTIN KURZWEIL VP, EDUCATIONAL TRANSFORMATION, S+R 40.00 0.00 X 241888 0 50922 HEATHER JENSEN DEPUTY GENERAL COUNSEL 40.00 0.00 X 219436 0 30303 ROGER SCHONFELD VP, LSCM, S+R 40.00 0.00 X 214797 0 50377 5713671 0 951163 183 0 1 0 PRODUCTOPS 110 COPPER ST SANTA CRUZ CA 07660 SOFTWARE ENGINEERING 575000 E-IT PROFESSIONALS CORP 17199 N LAUREL PARK DRIVE LIVONIA MI 48152 SOFTWARE ENGINEERING 554202 APEX COVANTAGE LLC 4045 SHERIDAN AVENUE MIAMI BEACH FL 33140 EXTERNAL CONTENT MANAGEMENT 547586 INDEPTH STRATEGIES LLC 1759 HYDE STREET SAN FRANCISCO CA 94109 EXECUTIVE CONSULTING 524000 NINESTARS INFORMATION TECHNOLOGIES 756 VASAN AVENUE ANNASALAI CHENNAI IN 600 002 EXTERNAL CONTENT MANAGEMENT 427598 18 115972 6397974 6513946 JSTOR 519200 87979803 87979803 PORTICO 519200 6120153 6120153 ITHAKA S+R 519200 2804833 2804833 96904789 12813195 12813195 13140289 13831805 151967 -691516 -151967 -843483 -843483 OTHER INCOME 900099 17395 17395 CURRENCY EXCHANGE LOSS 900099 -254059 -254059 -236664 115151783 96922184 0 11715653 4521468 4186251 220120 115097 39279842 34926265 4099886 253691 4235380 3798646 397201 39533 7049844 6454366 529675 65803 2938544 2595138 315978 27428 217074 217074 142537 142537 7717167 6135360 1581807 39749 37422 2327 336015 188784 147231 9497335 9191894 305441 4472873 3846808 626065 1022954 892622 130332 121252 121252 2498483 2467931 30552 353193 353193 FEES & PUBLISHER PMTS 19053796 19049477 4319 AQUISITIONS/SCANNING 1801473 1801156 317 COMMISSIONS 1119383 1119383 780249 265720 514529 107198611 97295549 9401510 501552 165 165 26314123 29289084 2663198 4689560 7086122 3918330 3719487 3854349 25438737 23619298 2389474 1819439 279047613 241200517 8513554 21423897 329733736 306195341 27390299 26914039 113022942 126495359 641652 16899023 141054893 170308421 X 183930545 128017451 4748298 7869469 188678843 135886920 329733736 306195341 X 7953172 -60591283 -153812 X 0 1 X 1 0 X 4150647 2748417 3137663 4510666 6513946 21061339 84423095 97203721 98126649 98741791 96904789 475400045 88573742 99952138 101264312 103252457 103418735 496461384 0 0 0 496461384 9939094 3554755 5461475 14526452 12813195 46294971 90319 90319 9939094 3645074 5461475 14526452 12813195 46385290 -181926 634203 127980 -162183 -236664 181410 98330910 104231415 106853767 117616726 115995266 543028084 0.91420 0.89810 0.08540 0.09710 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CURRENCY EXCHANGE GAIN/LOSS - 2018 AMOUNT: $ -181,926. 2019 AMOUNT: $ 276,720. 2020 AMOUNT: $ 112,992. 2021 AMOUNT: $ -162,183. 2022 AMOUNT: $ -254,059. SHARED SERVICES INCOME - 2019 AMOUNT: $ 355,481. 2020 AMOUNT: $ 14,988. OTHER INCOME - 2019 AMOUNT: $ 2,002. 2022 AMOUNT: $ 17,395. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2836377 2825935 10442 22602360 20793363 1808997 1819439 MULTI-ASSET MUTUAL FUND 120825984 F COMMODITIES 11975064 F EQUITY MUTUAL FUND 59815459 F DOMESTIC LIMITED PARTNERSHIP 46084010 F ANNOTATION UNLIMITED 2500000 F 241200517 SOFTWARE COSTS, NET 2336042 GOODWILL 3950957 SECURITY DEPOSITS 28350 RIGHT-OF-USE ASSET - OPERATING LEASE 15108548 21423897 LEASE LIABILITY 16899023 16899023 X 54560500 -60591283 -60591283 115151783 0 115151783 107198611 0 107198611 0 107198611 PART X, LINE 2: ITHAKA IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF ITHAKA'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON ITHAKA'S CONSOLIDATED FINANCIAL STATEMENTS. EUROPE 0 0 PROGRAM SERVICES BUSINESS DEVELOPMENT 136276 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES BUSINESS DEVELOPMENT 301584 SOUTH ASIA 0 1 PROGRAM SERVICES SCANNING 375000 0 1 0 0 0 1 812860 0 812860 1 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART 1, LINE 3, COLUMN F ACCOUNTING METHOD IS ACCRUAL BASIS. X X X 0 1 0 1 0 0 0 0 0 KEVIN GUTHRIE TRUSTEE & PRESIDENT 605533 0 10000 0 0 0 29000 0 27344 0 671877 0 0 0 REBECCA SEGER VP, INSTITUTIONAL PARTICIPATION 358076 0 85976 0 0 0 29000 0 27680 0 500732 0 0 0 NANCY KOPANS VP, GENERAL COUNSEL & SECRETARY 333712 0 6000 0 0 0 29000 0 16866 0 385578 0 0 0 ROBERT HETERICK SR VP, OPEN COLLECTIONS 303906 0 0 0 24000 0 29000 0 27344 0 384250 0 0 0 CATHARINE B HILL MANAGING DIRECTOR, ITHAKA S+R 334564 0 0 0 0 0 29000 0 18405 0 381969 0 0 0 MATT S MACQUEEN VP, PRODUCT & DESIGN 302643 0 0 0 35 0 29000 0 27344 0 359022 0 0 0 GERARD AURIGEMMA CHIEF FINANCIAL OFFICER & TREASURER 294564 0 0 0 0 0 29000 0 27680 0 351244 0 0 0 DALE L MYERS VP, PLATFORM ENGINEERING AND OPS 297348 0 0 0 0 0 29000 0 18405 0 344753 0 0 0 JOHN LENAHAN AVP, PUBLISHED CONTENT 283826 0 0 0 0 0 28366 0 27680 0 339872 0 0 0 KATE WITTENBERG MANAGING DIRECTOR, PORTICO 278748 0 0 0 0 0 27695 0 18714 0 325157 0 0 0 HARMONY V FAUST VP, MARKETING 262458 0 8000 0 0 0 26500 0 27680 0 324638 0 0 0 SEYMOUR DOUGLAS VP, DATA ANALYTICS 270882 0 0 0 0 0 27405 0 16866 0 315153 0 0 0 JABIN WHITE VP, CONTENT MANAGEMENT 257808 0 0 0 59 0 25674 0 27680 0 311221 0 0 0 ALEX HUMPHREYS VP, ITHAKA NEW VENTURES, JSTOR LABS 245623 0 0 0 0 0 25507 0 27344 0 298474 0 0 0 MARTIN KURZWEIL VP, EDUCATIONAL TRANSFORMATION, S+R 226888 0 15000 0 0 0 23242 0 27680 0 292810 0 0 0 ROGER SCHONFELD VP, LSCM, S+R 213672 0 1000 0 125 0 23033 0 27344 0 265174 0 0 0 DEBORA BARRETT VP, WORK LIFE & CULTURE 220120 0 0 0 0 0 22165 0 18714 0 260999 0 0 0 HEIDI BARTOLACCI VP, COMMUNICATIONS 208669 0 0 0 0 0 20823 0 27680 0 257172 0 0 0 HEATHER JENSEN DEPUTY GENERAL COUNSEL 212268 0 7000 0 168 0 21278 0 9025 0 249739 0 0 0 PART I, LINE 4B ITHAKA HARBORS, INC. MAINTAINS A 457(B) DEFERRED-COMPENSATION PLAN FOR ELIGIBLE EMPLOYEES, AS DESIGNATED AND APPROVED BY ITHAKA HARBORS INC.'S BOARD OF TRUSTEES. UNDER THE TERMS OF THIS PLAN, ELIGIBLE EMPLOYEES MAY MAKE ELECTIVE DEFERRALS UP TO THE MAXIMUM AMOUNT PERMITTED BY LAW. ITHAKA HARBORS, INC. DOES NOT CONTRIBUTE TO THIS PLAN. PART I, LINE 5 IN ACCORDANCE WITH THEIR APPROVED COMPENSATION PLANS, ITHAKA PROVIDED CONTINGENT PAYMENTS TO ONE KEY EMPLOYEE BASED ON REVENUE EARNED WHEN LICENSES ARE SIGNED BY NEW JSTOR PARTICIPATING INSTITUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT AND RISK MANAGEMENT COMMITTEE AND THE ENTIRE BOARD HAS AN OPPORTUNITY TO REVIEW IT AS WELL PRIOR TO THE ELECTRONIC FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C ITHAKA'S CONFLICTS OF INTEREST POLICY APPLIES TO ITS GOVERNING BOARD, CORPORATE OFFICERS, KEY EMPLOYEES, AND OTHERS REPRESENTING THE ORGANIZATION. MEMBERS OF ITHAKA'S GOVERNING BOARD ARE REQUIRED TO DISCLOSE ALL CONFLICTS OF INTEREST AT THE TIME THEY ARISE AND ANNUALLY VIA A WRITTEN DISCLOSURE PROCESS. THE AUDIT AND RISK MANAGEMENT COMMITTEE IS CHARGED WITH REVIEWING CONFLICTS OF INTEREST TRANSACTIONS ASSOCIATED DECISIONS AND MAKING A DETERMINATION REGARDING ANY RESTRICTIONS TO BE IMPOSED ON THE TRANSACTION. ITHAKA'S OFFICERS AND KEY EMPLOYEES ARE LIKEWISE REQUIRED TO DISCLOSE TO THEIR SUPERVISORS PROMPTLY ALL CONFLICTS OF INTEREST THAT ARISE AND COMPLETE AN ANNUAL CONFLICTS OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION POLICY: THE COMPENSATION AND BENEFITS COMMITTEE OF THE BOARD OF TRUSTEES OF ITHAKA HARBORS, INC. CONDUCTS AN ANNUAL REVIEW OF OFFICER AND NON-OFFICER COMPENSATION. AS PART OF THIS REVIEW, THE COMMITTEE REFERENCES AVAILABLE MARKET DATA FOR COMPARABLE POSITIONS AND INTERNAL EQUITY CONSIDERATIONS, AND IT UTILIZES AN ANALYSIS OF OFFICER AND NON-OFFICER SALARIES PREPARED BY INDEPENDENT EXTERNAL SOURCES USING INDUSTRY BENCHMARKING DATA. THE ANNUAL REVIEW PROCESS COVERS ALL OFFICERS AND OTHER STAFF. COMPENSATION DECISIONS FOR OFFICERS ARE PROPOSED BY THE COMPENSATION COMMITTEE OF ITHAKA, THEN REVIEWED AND APPROVED BY ITHAKA'S FULL BOARD OF TRUSTEES. COMPENSATION DECISIONS FOR NON-OFFICER EMPLOYEES ARE APPROVED BY THE COMPENSATION AND BENEFITS COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 ITHAKA'S FORM 990 AND ANNUAL CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST; OTHER GOVERNING DOCUMENTS ARE NOT OPEN FOR PUBLIC INSPECTION. FORM 990, PART VII EACH MEMBER OF THE BOARD OF TRUSTEES, EXCEPT THE PRESIDENT, IS ENTITLED TO A STIPEND FOR SERVICES PROVIDED AS A MEMBER OF THE GOVERNING BODY OF ITHAKA HARBORS, INC. NO PAYMENTS EXCEEDED THE REPORTING THRESHOLD OF $10,000; ACCORDINGLY THESE BOARD MEMBERS ARE DEEMED INDEPENDENT FOR REPORTING PURPOSES ON FORM 990, PART I, LINE 4 AND PART VI, SECTION A, LINE 1B. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -153,812. ITHAKA INTERNATIONAL LLC ONE LIBERTY PLAZA 165 BROADWAY NEW YORK NY 10006 461181573 BUSINESS DEVELOPMENT DE 0 84057 ITHAKA