2024-04-01T15:07:37-05:00 2023-06-30 351476702 BRADY WARE & SCHOENFELD INC 3 EASTON OVAL SUITE 300 COLUMBUS OH 43219 990 2022-07-01 310820394 COLUMBUS COLLEGE OF ART & DESIGN COLU 6142249101 60 CLEVELAND AVE COLUMBUS OH 43215 THOMAS DOTSON CFO 6142223280 2024-03-28 1 THOMAS DOTSON 999009999 1 LORANI OROBITG CPA P00664457 6148857407 2024-03-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CCAD THOMAS DOTSON 60 CLEVELAND AVENUE COLUMBUS OH 43215 47442767 0 X WWW.CCAD.EDU X 1879 OH CCAD IS A FOUR YEAR COLLEGE OFFERING A BACHELOR OF FINE ARTS AND A MASTER OF FINE ARTS DEGREES. 28 28 677 32 0 0 11907748 4487197 37516163 36527077 1280514 980055 2777663 2997114 53482088 44991443 17843453 17582978 0 0 15612525 16282497 70380 61200 679688 8793873 10162333 42320231 44089008 11161857 902435 72150246 72917941 14270934 12115572 57879312 60802369 CCAD FOSTERS A DIVERSE COMMUNITY THAT EDUCATES STUDENTS SO THEY CAN UNLEASH THEIR CREATIVE POWER TO SHAPE CULTURE AND COMMERCE. 0 0 35066088 17582978 36527077 CCAD ASPIRES TO BE A NATIONALLY RECOGNIZED LEADER IN ART AND DESIGN EDUCATION. THE WORK OF THE COLLEGE AND OUR ALUMNI WILL AMPLIFY THE NECESSITY AND IMPORTANCE OF CREATIVE PRACTICES TO OUR COLLECTIVE SENSE OF CULTURAL VIBRANCY AND CONNECTEDNESS, TO OUR ECONOMIES AND COMMUNITIES, AND TO SOCIAL JUSTICE CAUSES AND CIVIC ENGAGEMENT. AS AN ART AND DESIGN-FOCUSED INSTITUTION OF HIGHER EDUCATION, CCAD AWARDS BFA, MFA, AND MPS DEGREES WITH 13 PROGRAMS OF STUDY. TOTAL ENROLLMENT IN DEGREE-SEEKING PROGRAMS FOR FALL 2022 WAS 970 STUDENTS. 35066088 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 69 0 1 677 1 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X THOMAS DOTSON CFO 6142223280 60 CLEVELAND AVENUE COLUMBUS OH 43215 JENI BRITTON BAUER CHAIR 2.00 X X 0 0 0 SUSAN D RECTOR VICE CHAIR 2.00 X X 0 0 0 SAUNDRA K SCHUSTER SECRETARY 2.00 X X 0 0 0 DOUG KLAMFOTH TREASURER 2.00 X X 0 0 0 MICHAEL BONGIORNO TRUSTEE 2.00 X 0 0 0 G GILBERT CLOYD TRUSTEE 2.00 X 0 0 0 ROBERT E FALCONE TRUSTEE 2.00 X 0 0 0 WILLIAM FAUST TRUSTEE 2.00 X 0 0 0 COREY FAVOR TRUSTEE 2.00 X 0 0 0 BRIAN P KINZELMAN TRUSTEE 2.00 X 0 0 0 BRETT KAUFMAN TRUSTEE 2.00 X 0 0 0 DARCI CONGROVE TRUSTEE 2.00 X 0 0 0 MICHAEL KROUSE TRUSTEE 2.00 X 0 0 0 TIMOTHY T MILLER TRUSTEE 2.00 X 0 0 0 AJ MONTERO TRUSTEE 2.00 X 0 0 0 R BLANE WALTER TRUSTEE 2.00 X 0 0 0 JENNIFER PICK TRUSTEE 2.00 X 0 0 0 JANA LITSEY TRUSTEE 2.00 X 0 0 0 PRIMUS SUFFREN JR TRUSTEE 2.00 X 0 0 0 ANDREW R SUMMERFIELD TRUSTEE 2.00 X 0 0 0 PETE MATTINGLY TRUSTEE 2.00 X 0 0 0 URVI PATEL TRUSTEE 2.00 X 0 0 0 NEIL SHAH TRUSTEE 2.00 X 0 0 0 JONNA TWIG TRUSTEE 2.00 X 0 0 0 KATIE CLIFFORD TRUSTEE 2.00 X 0 0 0 ERIC JAMES TRUSTEE 2.00 X 0 0 0 KEITH KEY TRUSTEE 2.00 X 0 0 0 JOHN C KESSLER TRUSTEE 2.00 X 0 0 0 MELANIE CORN PRESIDENT 40.00 X 350372 0 21992 THOMAS DOTSON CHIEF FINANCIAL OFFICER 40.00 X 120706 0 18958 JULIE TAGGART PROVOST 40.00 X 157185 0 27455 CHRISTOPHER MUNDELL VP INSTITUTIONAL ENGAGEMEN 40.00 X 150698 0 18412 MATTHEW GARDZINA CHIEF INFORMATION OFFICER 40.00 X 129479 0 16033 ERIKA GABLE ASSOCIATE VP FOR DEVELOPMENT 40.00 X 114723 0 5712 ATHENA SANDERS ASSOCIATE VP FOR STUDENT AFFAIRS 40.00 X 115041 0 8053 1138204 0 116615 10 1 1 0 0 139091 1243344 3104762 25131 4487197 TUITION AND FEES 611710 35789803 35789803 OTHER PROGRAM REVENUE 611710 410211 410211 DORM RENT 611710 314082 314082 INTEREST - PERKINS LOAN 611710 12981 12981 36527077 752810 752810 42106 898103 49849 663115 -7743 234988 227245 227245 21945 139091 114352 -92407 -92407 4713529 1624008 3089521 3089521 44991443 36527077 0 3977169 17582978 17582978 727075 72708 415924 238443 12889552 9287726 3427018 174808 536111 393974 139512 2625 1103526 770093 307238 26195 1026233 705164 291116 29953 65147 65147 61200 61200 930717 183122 747595 580235 4358 575777 100 147576 27050 108773 11753 997917 522775 434449 40693 1337538 1085170 249373 2995 224479 87915 116716 19848 364805 164007 165119 35679 441955 387241 53035 1679 2072410 1815846 248689 7875 156144 136887 18666 591 MAINTENANCE AND REPAIRS 1040616 917632 120376 2608 BAD DEBT 560026 560026 MISCELLANEOUS 379068 315605 50841 12622 PROGRAMMING 226685 223259 3307 119 637015 382578 244535 9902 44089008 35066088 8343232 679688 425 300 4500507 8634899 6883615 2330774 1143600 827249 1888786 1495898 261332 237182 610295 534166 72715519 37106389 36349723 35609130 18290506 21654024 2221457 1594319 72150246 72917941 2458304 1648254 340197 301820 10767017 9609923 705416 555575 14270934 12115572 X 36876410 41561751 21002902 19240618 57879312 60802369 72150246 72917941 X 902435 2026146 -5524 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 18000 18000 0 PART II-B, LINE 1: HIRED A GOVERNMENT RELATIONS AND PUBLIC AFFAIRS FIRM TO LOBBY FOR APPROPRIATIONS. 17676631 2307614 2354505 557513 21781237 18550085 2296627 -2645258 524823 17676631 14301652 398751 4368682 161924 18550085 13755969 89763 617844 2412816 14301652 14888270 266615 1013900 262393 13755969 0.24414 0.75586 0 0 6246261 6246261 49495047 24637679 24857368 13438441 10096740 3341701 3535770 2371970 1163800 35609130 VANGUARD INDEX FUNDS 21654024 F 21654024 DORM SECURITY DEPOSITS 93750 FEDERAL STUDENT LOAN FUNDS 452049 INTEREST RATE SWAP 9776 555575 X 31655748 2026146 1732837 3758983 27896765 17094678 17094678 44991443 28732691 1738361 1738361 26994330 17094678 17094678 44089008 PART V, LINE 4: TO OFFSET SCHOLARSHIP EXPENDITURES. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE COLLEGE'S TAX RETURNS, TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. BASED ON ITS REVIEW, MANAGEMENT DOES NOT BELIEVE THE COLLEGE HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, INCLUDING ANY POSITION THAT WOULD PLACE THE COLLEGE'S EXEMPT STATUS IN JEOPARDY AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST 2,440. GAIN (LOSS) ON HEDGING ACTIVITIES -7,964. SPECIAL EVENT EXPENSES 114,353. COST OF GOODS SOLD 1,624,008. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS PAID 17,094,678. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,624,008. SPECIAL EVENT EXPENSES 114,353. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS PAID 17,094,678. 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 POLICY IS AVAILABLE ON CCAD'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE FOLLOWING ARE GOVERNMENT PROGRAMS IN WHICH THE SCHOOL PARTICIPATES AND FROM WHICH IT RECEIVES THE FINANCIAL ASSISTANCE REFERRED TO IN THIS SECTION: A. FEDERAL PELL GRANT PROGRAM B. FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT C. FEDERAL DIRECT SUBSIDIZED LOAN D. FEDERAL DIRECT UNSUBSIDIZED LOAN E. FEDERAL COLLEGE WORK-STUDY PROGRAM F. FEDERAL DIRECT PLUS LOAN G. OHIO NATIONAL GUARD SCHOLARSHIP H. WAR ORPHANS SCHOLARSHIP - STATE OF OHIO I. VETERANS ADMINISTRATION BENEFITS J. BUREAU OF VOCATIONAL REHABILITATION K. PENNSYLVANIA STATE GRANT PROGRAM L. OHIO COLLEGE OPPORTUNITY GRANT M. GEAR UP OHIO N. CARES ACT HIGHER EDUCATION EMERGENCY RELIEF FUND O. OHIO SAFETY OFFICERS MEMORIAL FUND X 1 BENEFACTOR GROUP 450 SOUTH FRONT STREET COLUMBUS OH 43215 MONITORING AND ADVISING ON CONTINUED CAPITAL CAMPAIGN. 0 0 61200 -61200 61200 -61200 SPRING FASHION SHOW 161036 139091 21945 51127 30740 10260 22225 161036 139091 21945 51127 30740 10260 22225 114352 -92407 1 SCHOLARSHIPS 843 14129862 0 INSTITUTIONAL GRANTS 751 2964816 0 TUITION WAIVERS 14 488300 0 PART IV SCHOLARSHIPS AND SIMILAR ALLOCATIONS ARE AWARDED BASED ON A VARIETY OF REQUIREMENTS THAT ARE RELATIVE ONLY TO THE PARTICULAR TYPE OF AWARD TO BE GRANTED. VARIOUS SCHOLARSHIPS AND SIMILAR ALLOCATIONS CAN BE AWARDED BASED ON THE FINANCIAL NEED OF THE STUDENT, THE STUDENT'S YEAR IN SCHOOL, OR ANY OTHER REQUIREMENT THAT MAY BE SPECIFICALLY NOTED IN AN ENDOWMENT. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MELANIE CORN PRESIDENT 338372 0 0 0 12000 0 21992 0 0 0 372364 0 0 0 JULIE TAGGART PROVOST 157185 0 0 0 0 0 11898 0 15557 0 184640 0 0 0 CHRISTOPHER MUNDELL VP INSTITUTIONAL ENGAGEMEN 150698 0 0 0 0 0 10710 0 7702 0 169110 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE PAID FOR THE CEO. THESE CLUBS ARE USED FOR BUSINESS PURPOSES. THE PRESIDENT IS GIVEN A $12,000 STIPEND FOR USE OF THEIR HOME FOR ENTERTAINING FACULTY, STAFF, TRUSTEES AND STUDENTS. X 1 25131 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER, CFO, AND PRESIDENT REVIEW THE 990 AND A COPY IS EMAILED TO THE BOARD MEMBERS FOR THEIR REVIEW BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE'S CONFLICT OF INTEREST POLICY IS REVIEWED BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. ON AN ANNUAL BASIS TRUSTEES ARE REQUIRED TO COMPLETE A FORM DETAILING THEIR BUSINESS RELATIONSHIPS AND THOSE OF THEIR IMMEDIATE FAMILY, AS WELL AS BOARD APPOINTMENTS, ETC. WHEN MATTERS OF POTENTIAL CONFLICT DO ARISE, THEY ARE ADDRESSED OPENLY DURING BOARD COMMITTEE MEETINGS OR FULL BOARD MEETINGS, AND WHERE INDICATED, MEMBERS RECUSE THEMSELVES FROM DISCUSSIONS OR VOTES. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: CEO COMPENSATION IS CONSIDERED ANNUALLY, FOLLOWING FORMAL REVIEW BY INDEPENDENT MEMBERS OF THE BOARD OF THE EXECUTIVE'S PERFORMANCE. THE DELIBERATIONS AND DECISIONS ARE RECORDED IN THE BOARD MINUTES. THE COLLEGE IS A MEMBER OF A NATIONAL CONSORTIUM OF 40 PRIVATE, INDEPENDENT COLLEGES OF ART AND DESIGN FROM THE U.S. AND CANADA; THIS CONSORTIUM PROVIDES ITS MEMBERS WITH AN ANNUAL DATA REPORT DETAILING COMPARATIVE STATISTICS RANGING FROM ENROLLMENT, COST-OF-ATTENDANCE, AND COMPENSATION AND BENEFITS FOR ALL EXECUTIVE STAFF. THIS DATA, IN ADDITION TO WHAT IS AVAILABLE THROUGH THE CHRONICLE OF HIGHER EDUCATION, IS UTILIZED BY THE BOARD IN CONSIDERING COMPENSATION FOR THE CEO. LINE 15B: THE PERFORMANCE OF KEY EMPLOYEES OF THE ORGANIZATION IS REVIEWED ANNUALLY AND WRITTEN DOCUMENTATION IS PROVIDED. THE SAME MECHANISM OF DATA AND METRICS UTILIZED FOR THE CEO INFORM THE COMPENSATION DECISIONS AFFECTING OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. FURTHER, THE FORM IS AVAILABLE VIA ANOTHER'S WEBSITE, WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND ANNUAL AUDIT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN (LOSS) ON HEDGING ACTIVITIES -7,964. CHANGE IN BENEFICIAL INTEREST 2,440. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.