Paul Smiths College Of Arts And Sciences

Organization Overview

Paul Smiths College Of Arts And Sciences is located in Paul Smiths, NY. The organization was established in 1946. 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, Paul Smiths College Of Arts And Sciences employed 711 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul Smiths College Of Arts And Sciences 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 06/2021, Paul Smiths College Of Arts And Sciences generated $35.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $37.8m during the year ending 06/2021. While expenses have increased by 0.3% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HIGHER EDUCATION: "THE REAL VALUE OF A PSC EDUCATION IS IN THE EMPHASIS ON NOT JUST LEARNING SOMETHING, BUT IN ACTUALLY DOING IT." THE PAUL SMITH'S COLLEGE COMMUNITY PROVIDES A DYNAMIC EDUCATIONAL ENVIRONMENT WHICH ENCOURAGES STUDENTS TO BE ACTIVELY ENGAGED IN THEIR OWN LEARNING EXPERIENCE BY FOSTERING CREATIVE, ETHICAL AND INTELLECTUAL GROWTH.

Describe the Organization's Program Activity:

POSTSECONDARY EDUCATION, GENERAL/OTHER: INSTRUCTION - TO PROVIDE HIGHER EDUCATION TO MEN AND WOMEN IN THE ARTS AND SCIENCES, WITH AUTHORITY TO CONFER THE DEGREES OF ASSOCIATES IN ARTS (AA), ASSOCIATES IN APPLIED SCIENCE (AAS) AND BACHELOR OF SCIENCE (BS) IN CONFORMITY WITH THE REGENTS OF NYS AND THE COMMISSIONER OF EDUCATION. APPROXIMATELY 720 STUDENTS.


POSTSECONDARY EDUCATION, GENERAL/OTHER: AUXILLIARY ENTERPRISES - THE OPERATION AND MAINTENANCE OF THE RESIDENCE HALLS, CAFETERIA AND CAMPUS STORE THAT SERVE THE STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Cathy S Dove
President
$250,934
Shannon Oborne
Chief Market
$205,356
David Placey
VP Enrollmen
$178,325
Michael Beccaria
Director Lib
$128,400
Daniel Kelting
Faculty Dire
$115,760
Jeffrey Walton
Director Ins
$107,329

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Operations Llc
Food/facilities
$1,771,403
Homeenergy Services
Heating
$565,824
Registry For College Univ Presid
Prof Fees
$336,895
Orr Group Inc
Professional
$235,522
Cornerstone Services
Hvac
$203,975
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,257,943
All other contributions, gifts, grants, and similar amounts not included above$1,511,442
Noncash contributions included in lines 1a–1f $41,130
Total Revenue from Contributions, Gifts, Grants & Similar$7,769,385
Total Program Service Revenue$26,304,963
Investment income $93,001
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $209,783
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $144,434
Miscellaneous Revenue$0
Total Revenue $35,545,491

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Paul Smiths College Of Arts And Sciences has recieved totaling $163,911.

Awarding OrganizationAmount
Adirondack Foundation

Lake Placid, NY

PURPOSE: FOR CHAIR IN LAKE ECOLOGY AND PALEONTOLOGY AT PAUL SMITHS COLLEGE

$31,200
Adirondack Foundation

Lake Placid, NY

PURPOSE: TO SUPPORT THE NORDIC SKI PROGRAM

$25,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$25,000
Adirondack Foundation

Lake Placid, NY

PURPOSE: IN SUPPORT OF THE VISITOR'S INTERPRETIVE CENTER

$20,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$15,000
Minneapolis Foundation

Minneapolis, MN

PURPOSE: DONOR-RECOMMENDED, EDUCATION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$30,726,414
Earnings$8,991,017
Net Contributions$85,742
Other Expense$45,804
Grants$1,274,910
Ending Balance$38,482,459

Peer Organizations

Organization NameAssets
Champlain College Inc
Burlington, VT
$119,718,125
Nazareth College Of Rochester
Rochester, NY
$122,635,159
Curry College
Milton, MA
$116,112,495
Cooper Union For The Advancement Of Science And Art
New York, NY
$135,635,048
Regis College
Weston, MA
$107,679,867
St Francis College
Brooklyn, NY
$89,705,791
Utica University
Utica, NY
$105,142,781
College Of Mount Saint Vincent
Riverdale, NY
$110,010,056
Lebanon Valley College
Annville, PA
$104,612,783
Seton Hill University
Greensburg, PA
$99,847,300
Juniata College
Huntingdon, PA
$100,031,718
Washington And Jefferson College
Washington, PA
$82,152,318

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