2026-05-14T13:35:08-05:00 2025-06-30 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-07-01 050258956 RHODE ISLAND SCHOOL OF DESIGN RHOD 4014546474 20 WASHINGTON PLACE PROVIDENCE RI 02903 DAVID ROSATI SENIOR VP, FINANCE & ADMIN. 4014546474 2026-05-13 1 1 CRAIG KLEIN P00734640 6178075000 2024 2025-03-06 01:10:19Z CRYSTAL WILLIAMS 20 WASHINGTON PLACE PROVIDENCE RI 02903 244705269 0 X WWW.RISD.EDU X 1877 RI TO EDUCATE ITS STUDENTS AND THE PUBLIC IN THE CREATION AND APPRECIATION OF ART AND DESIGN. 27 27 3135 623 2236655 826628 9973974 16865804 189056137 197859132 23897013 24103430 573702 1073625 223500826 239901991 36404794 37709536 0 0 116508801 119167911 83123 51750 8212574 73888402 72146342 226885120 229075539 -3384294 10826452 730061257 763962426 212361858 202008294 517699399 561954132 X THE MISSION OF RHODE ISLAND SCHOOL OF DESIGN, THROUGH ITS COLLEGE AND MUSEUM,IS TO EDUCATE ITS STUDENTS AND THE PUBLIC IN THE CREATION AND (SEE SCHEDULE O)APPRECIATION OF WORKS OF ART AND DESIGN, TO DISCOVER AND TRANSMIT KNOWLEDGE AND TO MAKE LASTING CONTRIBUTIONS TO A GLOBAL SOCIETY THROUGH CRITICAL THINKING, SCHOLARSHIP AND INNOVATION. 0 0 169217318 37709536 193559253 EDUCATION - RHODE ISLAND SCHOOL OF DESIGN WAS FOUNDED IN 1877, MAKING IT ONE OF THE FIRST ART AND DESIGN SCHOOLS IN THE US. APPROXIMATELY 2,500 STUDENTS FROM AROUND THE WORLD ARE ENGAGED IN LIBERAL ART STUDIES AND RIGOROUS, STUDIO-BASED LEARNING AT RISD, WHERE THEY CHOOSE FROM 21 STUDIO MAJORS AND EARN BACHELOR'S OR MASTER'S DEGREES IN THE FINE ARTS, ARCHITECTURE OR ART EDUCATION. EACH YEAR, APPROXIMATELY 4,600 CHILDREN AND ADULTS ALSO ACCESS OUR SPECIALIZED STUDIO FACILITIES THROUGH RISD CONTINUING EDUCATION COURSES. 10532458 873132 MUSEUM - THE RISD MUSEUM WAS FOUNDED ON THE BELIEF THAT ART, ARTISTS, AND THE INSTITUTIONS THAT SUPPORT THEM PLAY PIVOTAL ROLES IN PROMOTING BROAD CIVIC ENGAGEMENT AND CREATING MORE OPEN SOCIETIES. THE RISD MUSEUM EDUCATES AND INSPIRES STUDENTS AND THE PUBLIC THROUGH EXHIBITIONS, LECTURES, TOURS, WORKSHOPS AND PUBLICATIONS AND PROVIDES FREE ACCESS TO DIGITAL IMAGES OF PUBLIC DOMAIN MATERIALS IN THE COLLECTION FOR ANY PURPOSE. WE WANT OUR COLLECTION, SCHOLARSHIP, AND INTERPRETIVE CONTENT TO BE ACCESSED, DISTRIBUTED, AND REUSED BY EVERYONE. 179749776 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 2681 0 3135 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY AK CO MD MA MI OH WA DC SC X X THOMAS MATTOS 4014546649 20 WASHINGTON PLACE PROVIDENCE RI 02903 HILLARY BLUMBERG TRUSTEE/CO-CHAIR OF BOARD 2.00 0.00 X X 0 0 0 ILENE CHAIKEN TRUSTEE/CO-CHAIR OF BOARD 2.00 0.00 X X 0 0 0 KAREN HAMMOND TRUSTEE/VICE CHAIR OF BOARD 2.00 1.00 X X 0 0 0 TAVARES STRACHAN TRUSTEE/VICE CHAIR OF BOARD 2.00 0.00 X X 0 0 0 HE SHEIKHA AL MAYASSA BINT HA TRUSTEE 2.00 0.00 X 0 0 0 ASHLEIGH AXIOS TRUSTEE 2.00 0.00 X 0 0 0 DAVID BARCLAY TRUSTEE 2.00 0.00 X 0 0 0 CAROLINE BAUMANN TRUSTEE 2.00 0.00 X 0 0 0 JILL HERTZ BLAUSTEIN TRUSTEE 2.00 0.00 X 0 0 0 GABRIELLE BULLOCK TRUSTEE 2.00 0.00 X 0 0 0 NORMAN CHAN TRUSTEE 2.00 0.00 X 0 0 0 DONALD CHOI TRUSTEE 2.00 0.00 X 0 0 0 RYAN CUNNINGHAM TRUSTEE 2.00 0.00 X 0 0 0 ROBERT A DIMUCCIO TRUSTEE 2.00 1.00 X 0 0 0 MICHELLE EBANKS TRUSTEE 2.00 0.00 X 0 0 0 SHEPARD FAIREY TRUSTEE 2.00 0.00 X 0 0 0 FABIAN FONDRIEST TRUSTEE 2.00 0.00 X 0 0 0 JOE GEBBIA TRUSTEE 2.00 0.00 X 0 0 0 ROBERT W GLASS TRUSTEE 2.00 0.00 X 0 0 0 C C MELVIN IKE TRUSTEE 2.00 0.00 X 0 0 0 GEETANJALI KIRLOSKAR TRUSTEE 2.00 0.00 X 0 0 0 DAVID LEE TRUSTEE 2.00 0.00 X 0 0 0 MARY LOVEJOY TRUSTEE 2.00 0.00 X 0 0 0 NICOLE J MILLER TRUSTEE 2.00 0.00 X 0 0 0 YVETTE RIVERA TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL ROCK TRUSTEE 2.00 0.00 X 0 0 0 SHAHZIA SIKANDER TRUSTEE 2.00 0.00 X 0 0 0 CRYSTAL WILLIAMS PRESIDENT 50.00 1.00 X 642342 0 72142 DAVID ROSATI SVP FINANCE & ADMINISTRATION 50.00 1.00 X 365905 0 67254 RENEE BYAS GENERAL COUNSEL 50.00 0.00 X 302279 0 59841 JAMES PAUL O'HARA VP ENROLLMENT 50.00 0.00 X 277458 0 49058 JOHN R SILVA VICE PRESIDENT, CAMPUS SERVICES 50.00 0.00 X 236452 0 52634 RICHARD MICKOOL CHIEF INFORMATION OFFICER 50.00 0.00 X 230625 0 35429 ELIZABETH RAINONE INTERIM VP HUMAN RESOURCES 50.00 0.00 X 211167 0 24647 TOUBA GHADESSI PROVOST 50.00 0.00 X 319775 0 62460 AMANDA MACMULLAN VICE PRESIDENT, INST. ADVANCEMENT 50.00 0.00 X 312567 0 56088 TSUGUMI MAKI DIRECTOR, MUSEUM OF ART 50.00 0.00 X 294298 0 30060 RAYMOND P R QUIROLGICO VP, STUDENT LIFE AND ENGAGEMENT 50.00 0.00 X 198324 0 28950 BETHANY JANKUNIS VP STRATEGY/PLANNING (UNTIL 6/25) 50.00 0.00 X 290758 0 48294 SARAH CUNNINGHAM VICE PROVOST FOR STRATEGIC PSHIP 50.00 0.00 X 216724 0 20259 JOANNE L STRYKER SPECIAL ADVISOR, OFFSHORE INITIATIVE 50.00 0.00 X 192535 0 29897 DAVID CARREON BRADLEY VP, SOCIAL EQUITY (UNTIL 8/24) 50.00 0.00 X 252200 0 18780 JUSTIN W COOK EXEC. DIRECTOR, CENTER FOR COMPLEXITY 50.00 0.00 X 184749 0 15790 4528158 0 671583 168 0 1 0 GLOBAL ENDOWMENT MANAGEMENTLP 224 W TREMONT AVENUE CHARLOTTE NC 28202 INVESTMENT MGMT 2354375 SHAWMUT WOODWORKING AND SUPPLY INC 560 HARRISON AVENUE STE 200 BOSTON MA 02118 CONSTRUCTION SVCS 1951438 ALL SOURCE PPS INC 8330 W SAHARA AVE STE 290 LAS VEGAS NV 89117 TEMP AGENCY SVCS 1429745 SHI INTERNATIONAL CORPORATION 290 DAVIDSON AVE SOMERSET NJ 08873 COMPUTER SVC 716295 ARDEN ENGINEERING CONSTRUCTORS LLC 505 NARRAGANSETT PARK DR PAWTUCKET RI 02861 CONSTRUCTION SVCS 706010 38 421151 16444653 2823230 16865804 TUITION/ROOM/BOARD 611310 193559253 193559253 BOOK/SUPPLY STORE 459210 3426747 3426747 MUSEUM 712110 873132 873132 197859132 3855392 299714 3555678 25051316 4803278 20248038 20248038 863316 19384722 CONFERENCES & EVENTS 611110 734058 734058 OUTSIDE CATERING 722320 339567 339567 1073625 239901991 194432385 2236655 26367147 37709536 37709536 5052154 3969913 867075 215166 88675687 80187314 3963190 4525183 5766611 5177777 297182 291652 13524994 12143943 697011 684040 6148465 5520639 316861 310965 230901 230901 240623 240623 10367 10367 51750 51750 2429885 2429885 10422437 8188917 1496692 736828 396636 382899 25 13712 11359904 10249854 767060 342990 5565016 5063841 181863 319312 7810591 831006 6979585 2805162 2287065 15332 502765 5059217 5059217 17656218 1242272 16398946 15000 2532144 2532144 OTHER RENTAL EXPENSES 1061512 882219 585 178708 WORKS OF ART AND GALLER 894560 894560 STUDENT AWARDS 789462 789462 DUES AND MEMBERSHIPS 395338 384783 3217 7338 2486369 1311632 1157572 17165 229075539 179749776 41113189 8212574 4728145 14421966 19398833 9433045 3671484 5099285 583418 24087 23980 1364667 1388453 785061 1000022 559915233 300849527 267444703 259065706 4890067 864306 415555353 459414535 5200000 5200000 6415439 8051128 730061257 763962426 10674523 7567509 8263111 9685807 179597722 171738047 13826502 13016931 212361858 202008294 X 356325955 357245852 161373444 204708280 517699399 561954132 730061257 763962426 X 10826452 33428279 2 X 0 1 X 1 1 1 X 28993943 19679890 16002179 9973974 16865804 91515790 28993943 19679890 16002179 9973974 16865804 91515790 15296621 76219169 2862893 1798996 4100629 3464020 3993039 16219577 584160 2660139 65073 164768 827628 4301768 1088718 3105771 3909775 3686379 3426747 15217390 127254525 706083879 0.59900 0.62130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: BOOK/SUPPLY STORE - 2020 AMOUNT: $ 1,088,718. 2021 AMOUNT: $ 3,105,771. 2022 AMOUNT: $ 3,909,775. 2023 AMOUNT: $ 3,686,379. 2024 AMOUNT: $ 3,426,747. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 10367 0 0 10367 0 PART II-B, LINE 1: RISD PAYS MEMBERSHIP DUES TO A NUMBER OF ARTS-AND-EDUCATION-RELATED AND PROFESSIONAL ORGANIZATIONS, SOME OF WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF ALL MEMBERS. TOTAL MEMBERSHIP DUES PAID BY RISD DURING THE FISCAL YEAR WAS $395,338. WE ARE UNABLE TO DETERMINE THE SPECIFIC AMOUNT OF THAT TOTAL DEVOTED TO LOBBYING, BUT WE BELIEVE IT TO BE A RELATIVELY SMALL AND IMMATERIAL PORTION. A RISD EMPLOYEE DEVOTES A SMALL PORTION OF THEIR TIME TO PROMOTE RISD'S MISSION BY COMMUNICATING TO FEDERAL GOVERNMENT ENTITIES TO ADVOCATE FOR LEGISLATIVE AND POLICY INITIATIVES THAT SUPPORT HIGHER EDUCATION AND RISD'S AGENDA. X X X X X EDUCATION OF ARTISTS/DESIGN 0 427789728 9264328 55842009 6582362 13402984 2429885 470480834 398637228 3301673 47442138 6132158 13233263 2225890 427789728 381228134 7964492 30315008 5694881 13117553 2057972 398637228 442909393 8079900 -50072894 4969136 12372841 2346288 381228134 349011543 10335746 102576352 4649564 12360583 2004101 442909393 0.63060 0.19800 0.17140 0 1 1 9852492 9852492 461500729 227537921 233962808 84196809 73311606 10885203 4365203 4365203 259065706 ALTERNATIVE INVESTMENTS 459414535 F 459414535 CAPITAL LEASE OBLIG - OPERATING 3741169 OBLIGATIONS UNDER LONG-TERM AGREEMENTS 9275762 13016931 X PART III, LINE 1A: THE MAJORITY OF THE SCHOOL'S COLLECTIONS RESIDE IN THE MUSEUM AND CONSIST OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, ART OBJECTS, AND BOOKS THAT ARE HELD FOR EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. EACH OF THE ITEMS ARE CATALOGUED, PRESERVED AND CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR TO SUPPORT THE DIRECT CARE OF EXISTING COLLECTIONS. THE SCHOOL EXPENDED $894,560 AND $801,562 FOR ACQUISITIONS DURING THE YEARS ENDED JUNE 30, 2025 AND 2024, RESPECTIVELY. PART III, LINE 4: THE MUSEUM OF ART, ALSO KNOWN AS THE RISD MUSEUM, IS RHODE ISLAND'S LEADING MUSEUM OF FINE AND DECORATIVE ART, HOUSING A COLLECTION OF APPROXIMATELY 100,000 OBJECTS OF INTERNATIONAL SIGNIFICANCE IN SEVEN CURATORIAL COLLECTIONS. IT IS SOUTHEASTERN NEW ENGLAND'S ONLY COMPREHENSIVE ART MUSEUM AND IS ACCREDITED BY THE AMERICAN ASSOCIATION OF MUSEUMS. THE RISD MUSEUM STRIVES TO BE A VITAL CULTURAL RESOURCE BY EDUCATING AND INSPIRING A WIDE VARIETY OF AUDIENCES: FAMILIES AND INDIVIDUALS, SCHOLARS AND RESEARCHERS, ARTISTS AND DESIGNERS, AND STUDENTS OF ALL AGES. THE MUSEUM MAINTAINS AN ACTIVE PROGRAM OF EXHIBITIONS, LECTURES, TOURS, WORKSHOPS AND PUBLICATIONS DEDICATED TO THE INTERPRETATION OF ART AND DESIGN FROM DIVERSE CULTURES RANGING FROM ANCIENT TIMES TO THE PRESENT. PART V, LINE 4: THE INTENT OF THE ENDOWMENT FUND IS TO GENERATE INVESTMENT EARNINGS AS A SOURCE OF REVENUE FOR FUNDING THE SCHOOL'S GENERAL OPERATING ACTIVITIES AND FOR FUNDING SPECIFIC PURPOSES, EITHER RESTRICTED BY DONORS OR INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES. EXAMPLES OF SPECIFIC PURPOSES INCLUDE SCHOLARSHIP FOR STUDENTS, FACILITIES UPKEEP, RESEARCH, AND SUPPORT FOR THE MUSEUM AND OTHER ACADEMIC OPERATIONS. PART X, LINE 2: THE SCHOOL IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND FROM STATE INCOME TAXES UNDER IRC SECTION 501(A). CERTAIN OF THE SCHOOL'S INVESTMENTS AND POTENTIALLY OTHER ACTIVITIES CREATE UNRELATED BUSINESS INCOME, WHICH IS SUBJECT TO TAX. GIVEN THE LIMITED TAXABLE ACTIVITIES OF THE SCHOOL, MANAGEMENT HAS ELECTED TO NOT INCLUDE INFORMATION RELATED TO TAX PROVISIONS AND DEFERRED TAXES. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND THE DETERMINATION OF WHICH REVENUES ARE RELATED OR UNRELATED, AS APPLICABLE, TO BE ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN UNCERTAINTIES REQUIRING RECOGNITION. THE SCHOOL IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE SCHOOL'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY CAN BE FOUND IN THE RHODE ISLAND SCHOOL OF DESIGN CATALOG AND STUDENT HANDBOOK. THE POLICY CAN ALSO BE FOUND AT HTTP://WWW.RISD.EDU/ABOUT/POLICIES-DISCLOSURES. SCHEDULE E, PART I, LINE 6 FINANCIAL AID IS RECEIVED FROM THE US DEPARTMENT OF EDUCATION IN THE FORM OF FEDERAL COLLEGE WORK STUDY, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL PELL GRANTS, FEDERAL DIRECT LOANS AND FEDERAL PLUS LOANS WHICH ARE ADMINISTERED THROUGH THE DIRECT LOAN PROGRAM. IN ADDITION, THE COLLEGE RECEIVES FINANCIAL AID FROM VARIOUS STATE SCHOLARSHIP PROGRAMS AND OTHER FEDERAL AGENCIES, E.G. VETERANS ADMINISTRATION AND BUREAU OF INDIAN AFFAIRS. EUROPE 0 14 PROGRAM SERVICES INDEPENDENT STUDY 79348 SOUTH AMERICA 0 2 PROGRAM SERVICES INDEPENDENT STUDY 23130 SOUTH ASIA 0 5 PROGRAM SERVICES INDEPENDENT STUDY 99944 EAST ASIA & PACIFIC 0 10 PROGRAM SERVICES INDEPENDENT STUDY 261591 SUB-SAHARAN AFRICA 0 3 PROGRAM SERVICES INDEPENDENT STUDY 91133 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2369680 0 34 0 0 0 34 2924826 0 2924826 1 0 1 1 1 0 PART I, LINE 2: RHODE ISLAND SCHOOL OF DESIGN PROVIDES FINANCIAL AID TO FOREIGN STUDENTS. STUDENT SCHOLARSHIPS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. NO FOREIGN SCHOLARSHIPS WERE AWARDED FOR FY25. PART I, LINE 3: RHODE ISLAND SCHOOL OF DESIGN TRACKS EXPENSES FOR EACH INTERNATIONAL PROGRAM USING SEPARATE ACCOUNT NUMBERS. SCHEDULE F, PART IV, LINE 3 AND 5 THE ORGANIZATION HAS OWNERSHIP INTERESTS IN CERTAIN FOREIGN CORPORATIONS AND PARTNERSHIPS, HOWEVER, NO OWNERSHIP INTERESTS EXCEEDED THE THRESHOLD FOR REQUIRING THE FILING OF FORMS 5471 OR 8865. THERE WERE NO TRANSFERS THE REQUIRED THE FILING OF FORM 926 DURING THE FISCAL YEAR. X X X X X X 1 STUDIO RAINWATER 110 KING PHILIP RD STE 2F RUMFORD RI 02916 DIRECT MARKETING 0 653916 51750 602166 653916 51750 602166 CA NY AK CO MD MA MI OH WA DC NJ FL RI LA SC AR AL CT GA HI IL KS KY ME MN MS MO NV NH NM NC ND OK OR PA TN UT VA WV WI 1 SCHOLARSHIPS/GRANTS 1246 37709536 BOOK CREDIT TO STUDENT ACCOUNTS PART I, LINE 2: FINANCIAL AID IS CREDITED TO THE STUDENTS' ACCOUNTS TO COVER ANY OUTSTANDING INSTITUTIONAL CHARGES. ANY CREDIT BALANCE IS REFUNDED TO THE STUDENT TO BE USED FOR OTHER EDUCATIONAL-RELATED EXPENSES. STUDENTS RECEIVING FEDERAL AND/OR STATE AID MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). BY SIGNING THE FAFSA, THE STUDENT AGREES THAT HE OR SHE "WILL USE FEDERAL AND/OR STATE STUDENT FINANCIAL AID ONLY TO PAY THE COST OF ATTENDING AN INSTITUTION OF HIGHER EDUCATION." X X 1 1 X X X X X 1 0 0 0 0 0 0 1 0 CRYSTAL WILLIAMS PRESIDENT 565298 0 76354 0 690 0 59420 0 12722 0 714484 0 0 0 DAVID ROSATI SVP FINANCE & ADMINISTRATION 363925 0 0 0 1980 0 36420 0 30834 0 433159 0 0 0 TOUBA GHADESSI PROVOST 319325 0 0 0 450 0 34756 0 27704 0 382235 0 0 0 AMANDA MACMULLAN VICE PRESIDENT, INST. ADVANCEMENT 309031 0 0 0 3536 0 30945 0 25143 0 368655 0 0 0 RENEE BYAS GENERAL COUNSEL 298469 0 0 0 3810 0 32045 0 27796 0 362120 0 0 0 BETHANY JANKUNIS VP STRATEGY/PLANNING (UNTIL 6/25) 290319 0 0 0 439 0 29741 0 18553 0 339052 0 0 0 JAMES PAUL O'HARA VP ENROLLMENT 270589 0 0 0 6869 0 27649 0 21409 0 326516 0 0 0 TSUGUMI MAKI DIRECTOR, MUSEUM OF ART 293625 0 0 0 673 0 29741 0 319 0 324358 0 0 0 JOHN R SILVA VICE PRESIDENT, CAMPUS SERVICES 235423 0 0 0 1029 0 23950 0 28684 0 289086 0 0 0 DAVID CARREON BRADLEY VP, SOCIAL EQUITY (UNTIL 8/24) 128612 0 8366 0 115222 0 11239 0 7541 0 270980 0 0 0 RICHARD MICKOOL CHIEF INFORMATION OFFICER 229152 0 0 0 1473 0 22195 0 13234 0 266054 0 0 0 SARAH CUNNINGHAM VICE PROVOST FOR STRATEGIC PSHIP 215865 0 0 0 859 0 19632 0 627 0 236983 0 0 0 ELIZABETH RAINONE INTERIM VP HUMAN RESOURCES 166705 0 43512 0 950 0 19217 0 5430 0 235814 0 0 0 RAYMOND P R QUIROLGICO VP, STUDENT LIFE AND ENGAGEMENT 197903 0 0 0 421 0 17895 0 11055 0 227274 0 0 0 JOANNE L STRYKER SPECIAL ADVISOR, OFFSHORE INITIATIVE 191324 0 0 0 1211 0 17238 0 12659 0 222432 0 0 0 JUSTIN W COOK EXEC. DIRECTOR, CENTER FOR COMPLEXIT 184506 0 0 0 243 0 15556 0 234 0 200539 0 0 0 PART I, LINE 1A THE PRESIDENT IS ALLOWED TO BE REIMBURSED FOR FIRST CLASS AIR TRAVEL UNDER CERTAIN CONDITIONS AS SPECIFIED IN THE PRESIDENT'S EMPLOYEE CONTRACT. THE REIMBURSEMENTS ARE NOT TREATED AS A TAXABLE BENEFIT. THE RHODE ISLAND SCHOOL OF DESIGN MAKES A RESIDENCE AVAILABLE FOR THE PRESIDENT'S USE. PART I, LINE 4A CARREON BRADLEY RECEIVED $115,038 IN SEVERANCE IN CALENDAR YEAR 2024. PART I, LINE 7 ON OCCASION CERTAIN INDIVIDUALS RECEIVE A BONUS OR OTHER FORM OF NON-FIXED PAYMENT IN RECOGNITION OF EXCELLENT JOB PERFORMANCE, AS A SIGN-ON BONUS OR OTHER ONE-TIME PAYMENT. THE AMOUNT OF EACH BONUS IS SHOWN ON SCHEDULE J, PART II, COLUMN (B)(II). FINANCIAL METRICS ARE NOT USED IN BONUS CALCULATIONS. A RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2012 521300173 762197KB6 2012-03-28 28791988 2001 BOND REFUNDING 0 0 0 B RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2012B 521300173 762197KZ3 2012-08-29 57055694 2004D BOND REFUND 0 0 0 C RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2018 521300173 762197YS4 2018-09-25 60533984 FACILITY CONSTRUCTION / RENOVATION 0 0 0 D RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2020 521300173 762197A84 2020-12-16 52905000 PARTIAL REFUNDING OF 2012 AND 2012B BONDS 0 0 0 A 28340000 28791988 329659 28462329 2012 1 1 0 1 B 51815000 57055694 446745 56608949 2012 0 1 1 1 C 3120000 62691658 1918209 438486 62253172 2022 0 0 1 1 D 2915000 52905000 539556 52365444 2022 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 1 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART I, COLUMN F: A. 2008AB BOND - FACILITY AQUIS/CONST/EQUIP/RENOV; REFUNDING OF 2004A, 2004B, 2006A, AND 2006B BONDS. SCHEDULE K, PART IV, LINE 2B, COLUMN A: BOND PROCEEDS WERE SPENT IN ACCORDANCE WITH THE APPROVED SPENDING REQUIREMENTS, THUS NO REBATE PORTION. SCHEDULE K, PART II, COLUMN D, LINE 3: THE PROCEEDS ON PART II, LINE 3 DIFFER FROM THE PROCEEDS IN PART I DUE TO INVESTMENT EARNINGS. A RHODE ISLAND HEALTH AND EDUC BUILDING CORP 2021 521300173 2021-09-01 70041000 REFUNDING OF 2008 BOND ISSUE 0 0 0 A 3424000 70041000 416000 69625000 2022 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 X 263 0 N/A PER POLICY X 27 2823230 NYSE 15 0 1 1 PART I, COLUMN (B): THE NUMBER OF ITEMS CONTRIBUTED IS REPORTED ON LINE 1. THE NUMBER OF CONTRIBUTORS IS REPORTED ON LINE 15. PART I, LINE 32B: AN AUCTION HOUSE FACILITATES PUBLIC SALE OF NON-ACCESSIONED MUSEUM ITEMS. PART I, LINE 33: RHODE ISLAND SCHOOL OF DESIGN DOES NOT CAPITALIZE OR ASSIGN A VALUE TO ITS MUSEUM COLLECTIONS, BOOKS AND PUBLICATIONS, OR TO ANY INSIGNIFICANT ITEMS RECEIVED. THESE ITEMS ARE NOT RECOGNIZED AS ASSETS OR REVENUE ON THE SCHOOL'S FINANCIAL STATEMENTS. ALSO SEE DESCRIPTION FOR SCHEDULE D, PART III, LINE 4. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE ALL THE AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE BOARD, EXCEPT FOR THE AUTHORITY TO AMEND, ALTER, OR REPEAL THESE BYLAWS; ELECT, APPOINT, OR REMOVE ANY OFFICER OF THE BOARD OR OF THE COLLEGE OR ANY MEMBER OF ANY COMMITTEE OF THE BOARD; AMEND OR RESTATE THE COLLEGE'S ARTICLES OF INCORPORATION; ADOPT A PLAN OF MERGER OR A PLAN OF CONSOLIDATION WITH ANOTHER CORPORATION; AUTHORIZE THE SALE, LEASE, EXCHANGE, OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE COLLEGE; AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE COLLEGE OR REVOKE PROCEEDINGS FOR SUCH DISSOLUTION; ADOPT A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF THE COLLEGE; OR AMEND, ALTER, OR REPEAL ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED, OR REPEALED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS FOR THE FY 2025 FORM 990 INCLUDES REVIEW BY SENIOR MANAGEMENT, THE AUDIT COMMITTEE, AND THE INDEPENDENT EXTERNAL TAX CONSULTANTS. THE AUDIT COMMITTEE IS PRESENTED WITH A COMPLETE DRAFT OF THE RETURN FOR ITS REVIEW. THE FULL BOARD RECEIVES A FINAL COPY OF FORM 990 BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE SCHOOL'S TRUSTEES' OFFICE DISTRIBUTES A SURVEY TO ALL OF THE TRUSTEES AND SENIOR ADMINISTRATORS REQUESTING INFORMATION ON MATTERS RELATING TO THE SCHOOL'S CONFLICT OF INTEREST POLICY. THERE ARE FOLLOW UP PROCEDURES TO ENSURE THAT SURVEYS ARE COMPLETED AND RETURNED FOR REVIEW. THE GENERAL COUNSEL'S OFFICE PROVIDES ASSISTANCE TO TRUSTEES AND SENIOR ADMINISTRATORS BY RESPONDING TO ANY QUESTIONS THEY MAY HAVE. IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, RESULTS OF THE COMPLETED SURVEYS ARE PRESENTED TO THE CHAIRS OF THE AUDIT COMMITTEE AND THE COMMITTEE ON TRUSTEES AND GOVERNANCE, AND THEN TO BOTH OF THOSE COMMITTEES FOR FINAL REVIEW. IN ADDITION TO THE ANNUAL SURVEY, THE TRUSTEES AND SENIOR ADMINISTRATORS ARE REQUIRED TO DISCLOSE ANY ADDITIONAL CONFLICTS THAT MAY ARISE DURING THE COURSE OF THE YEAR. PERIODIC REMINDERS ARE SENT OUT. FURTHER, WHENEVER ANY MATTER INVOLVING A CONFLICT OF INTEREST ON THE PART OF ANY TRUSTEE IS DISCUSSED OR PROPOSED FOR ACTION AT BOARD OR COMMITTEE MEETINGS, SUCH CONFLICT SHALL BE DISCLOSED TO OTHER TRUSTEES PRESENT, AND THE TRUSTEE HAVING SUCH CONFLICT SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL'S PROCESS FOR DETERMINING COMPENSATION FOR ITS OFFICERS (INCLUDING THE PRESIDENT) AND KEY EMPLOYEES INCLUDES: 1. PREPARING A DESCRIPTION OF THE POSITION AND REQUIREMENTS VIA A FORMAL JOB DESCRIPTION, JOB SUMMARY, OR ADVERTISEMENT. 2. DEVELOPING AN UNDERSTANDING OF THE EXTERNAL MARKET FOR SIMILAR POSITIONS AND REQUIREMENTS VIA VARIOUS SOURCES SUCH AS: COMPENSATION SURVEYS (E.G., YAFFEE, SNE CUPA, THE SURVEY GROUP); OTHER ORGANIZATIONS' FORM 990 DATA; DIALOG WITH SEARCH FIRMS; AND KNOWLEDGE OF APPLICANT POOL AND CURRENT EARNINGS. 3. CONSIDERING THE EXTERNAL MARKET DATA LISTED ABOVE IN LIGHT OF INTERNAL OPERATING BUDGET AND INTERNAL EQUITY FACTORS. 4. UNDERSTANDING THE CANDIDATE'S PREVIOUS EXPERIENCE AND SKILL SET AS RELATED TO THE POSITION'S REQUIREMENTS AND THE COLLEGE'S NEEDS. 5. ENGAGING AN INDEPENDENT COMPENSATION CONSULTANT TO DETERMINE AND VERIFY REASONABLENESS OF THE COMPENSATION LEVELS FOR THE INDIVIDUAL. 6. PRESENTING A RECOMMENDED HIRING RANGE (OFFER) TO RISD'S OFFICERS AND BOARD OF TRUSTEES, AS APPROPRIATE, FOR APPROVAL. 7. GENERATING AN OFFER LETTER OR CONTRACT. RISD HAS A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE ASSISTS THE BOARD IN ESTABLISHING AND REVIEWING THE COMPENSATION OF RISD'S SENIOR ADMINISTRATIVE STAFF ON AN ONGOING BASIS. THE SUBCOMMITTEE CONSISTS OF THE CHAIR OF THE BOARD, THE VICE CHAIR(S) OF THE BOARD AND THE CHAIR OF THE FINANCE COMMITTEE OF THE BOARD, AND WILL BE ASSISTED BY THE SECRETARY, THE PRESIDENT, THE VICE PRESIDENT FOR HUMAN RESOURCES, AND/OR THE GENERAL COUNSEL WHEN APPROPRIATE. THE SUBCOMMITTEE REVIEWS EACH INITIAL OFFER, EACH ANNUAL ADJUSTMENT, AND ANY OTHER ADJUSTMENTS. IN SO DOING, THE SUBCOMMITTEE REVIEWS CURRENT COMPARABLE DATA WITH THE ASSISTANCE OF AN INDEPENDENT COMPENSATION CONSULTANT AND DOCUMENTS ITS DECISIONS IN ITS MINUTES. FORM 990, PART VI, SECTION C, LINE 19 RISD MAKES AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND CONSOLIDATED FINANCIAL STATEMENTS BY POSTING THESE DOCUMENTS ON WWW.RISD.EDU AND ALSO BY REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 2. TECHNOLOGY AND DESIGN BUILDINGS LLC TWO COLLEGE STREET PROVIDENCE RI 02903 050258956 REAL ESTATE RI 78208 6916104 RHODE ISLAND SCHOOL OF DESIGN RISD HOLDINGS INC TWO COLLEGE STREET PROVIDENCE RI 02903 050508151 REAL ESTATE RI 501(C)(25) RHODE ISLAND SCHOOL OF DESIGN 1 WASHINGTON PLACE HOLDINGS LP 550 SOUTH TRYON ST STE 3500 CHARLOTTE NC 28202 INVESTMENT NC RHODE ISLAND SCHOOL OF DESIGN EXCLUDED 804195 341807912 0 0 1.00000 CHARITABLE REMAINDER TRUSTS (7) INVESTMENTS MA N/A T 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 RISD HOLDINGS INC D 5200000 COST RISD HOLDINGS INC K 108868 COST RISD HOLDINGS INC A 78208 COST SCHEDULE R, PART IV, LINE 1: CHARITABLE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS, MARYLAND, CALIFORNIA, AND CONNECTICUT.