Ithaca College

Organization Overview

Ithaca College is located in Ithaca, NY. The organization was established in 1938. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Ithaca College employed 4,290 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ithaca College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Ithaca College generated $365.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $370.5m during the year ending 06/2020. While expenses have increased by 1.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Ithaca College has awarded 63 individual grants totaling $2,356,381. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO EDUCATE, ENGAGE, AND EMPOWER THROUGH THEORY, PRACTICE, AND PERFORMANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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SEE SCHEDULE O


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OTHER PROGRAM SERVICESACADEMIC SUPPORT INCLUDES EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE COLLEGE'S PRIMARY PROGRAM SERVICE OF INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. IT INCLUDES THE FOLLOWING ACTIVITIES: THE RETENTION, PRESERVATION, AND DISPLAY OF EDUCATIONAL MATERIALS AT THE ITHACA COLLEGE LIBRARY, THE HANDWERKER GALLERY, AND OTHER GALLERY SPACES; INFORMATION TECHNOLOGY SERVICES DEPLOYED AT THE COLLEGE, PARTICULARLY SERVICES WITHIN THE THEMES OF CAMPUS ENGAGEMENT AND TEACHING & LEARNING; ACADEMIC ADMINISTRATION AND PERSONNEL PROVIDING ADMINISTRATIVE SUPPORT AND MANAGEMENT DIRECTION TO THE PRIMARY PROGRAM SERVICE; AND SEPARATELY BUDGETED SUPPORT FOR COURSE AND CURRICULUM DEVELOPMENT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Drivestream Inc
Technology Services
$1,984,512
Apogee Inc
Technology Services
$1,426,073
Architectural Concrete Plus Llc
General Construction
$863,534
Oracle America Inc
Technology Services
$741,895
Vandis Inc
Networking And It Security
$965,355
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$12,002,902
Investment income $7,064,400
Tax Exempt Bond Proceeds $0
Royalties $37,180
Net Rental Income $142,933
Net Gain/Loss on Asset Sales $9,573,596
Net Income from Fundraising Events $5,568
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $588,557
Miscellaneous Revenue$0
Total Revenue $365,679,639

Grants Awarded

Over the last fiscal year, Ithaca College has awarded $360,425 in support to 9 organizations.

Grant RecipientAmount

TOWN OF ITHACA NEW YORK

PURPOSE: FUNDS PROVIDED FOR CONSTRUCTION OF SIDEWALK ON DANBY ROAD

$165,000

HILLEL OF ITHACA COLLEGE

Org PageRecipient Profile

Ithaca, NY

PURPOSE: CONTRIBUTIONS RECEIVED & REMITTED BY ITHACA COLLEGE

$73,036

PLANETARY SCIENCE INSTITUTE

Org PageRecipient Profile

Tucson, AZ

PURPOSE: PAYMENT TO SUBRECIPIENT OF FEDERAL GRANT (CFDA 43.001)

$39,258

TOMPKINS COUNTY AREA DEVELOPMENT

Org PageRecipient Profile

Ithaca, NY

PURPOSE: SUPPORT ECONOMIC ADVANCEMENT IN TOMPKINS COUNTY NY

$16,000

RESEARCH FOUNDATION OF SUNY

Org PageRecipient Profile

Albany, NY

PURPOSE: CONTRIBUTION TO ACCESS TO COLLEGE EDUCATION (ACE)

$15,616

CORNELL UNIVERSITY

Org PageRecipient Profile

Ithaca, NY

PURPOSE: AGENCY PAYMENT FOR OPERATING BUDGET FOR REV ITHACA STARTUP WORKS

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Ithaca College has recieved totaling $11,500.

Awarding OrganizationAmount
Make Great Things Happen Foundation

Clifton Park, NY

PURPOSE: EDUCATIONAL PROGRAMMING AT ITHACA COLLEGE SCHOOL OF COMMUNICATIONS

$5,000
Mary D Coles Foundation

Dallas, TX

PURPOSE: SCHOLARSHIPS

$5,000
Lorber Foundation

Amherst, MA

PURPOSE: ANNUAL FUND

$1,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$337,301,846
Earnings$100,494,402
Net Contributions$1,742,339
Other Expense$10,320,655
Grants$4,018,894
Ending Balance$425,199,038

Peer Organizations

Organization NameAssets
Berklee College Of Music Inc
Boston, MA
$384,612,408
Ithaca College
Ithaca, NY
$365,679,639
Trustees Of Amherst College
Amherst, MA
$407,702,412
Wellesley College
Wellsley, MA
$515,515,442
Touro University
New York, NY
$321,976,604
Williams College
Williamstown, MA
$397,351,793
Wesleyan University
Middletown, CT
$326,592,000
Saint Josephs University
Philadelphia, PA
$347,052,680
Emerson College
Boston, MA
$275,696,398
Colgate University Treasurers Office
Hamilton, NY
$378,114,548
Trustees Of The College Of The Holy Cross
Worcester, MA
$265,241,305
Babson College
Babson Park, MA
$304,101,925

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