Ringling College Of Art And Design Inc

Organization Overview

Ringling College Of Art And Design Inc is located in Sarasota, FL. 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 05/2020, Ringling College Of Art And Design Inc employed 1,200 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 05/2020, Ringling College Of Art And Design Inc generated $114.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $100.3m during the year ending 05/2020. While expenses have increased by 7.7% per year over the past 5 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, Ringling College Of Art And Design Inc has awarded 23 individual grants totaling $340,931. 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

RINGLING COLLEGE OF ART AND DESIGN IS A SMALL, PRIVATE COLLEGE OFFERING PROGRAMS LEADING TO DEGREES THAT PREPARE STUDENTS TO BE DISCERNING VISUAL THINKERS AND ETHICAL PRACTITIONERS IN THEIR CHOSEN AREA OF ART AND DESIGN. RINGLING'S CURRICULUM BALANCES THE TEACHING OF TECHNICAL KNOWLEDGE AND SKILLS WITH THE DEVELOPMENT OF CRITICAL, CONCEPTUAL, AND CREATIVE ABILITIES AND SUPPORTS COURSES THAT PROVIDE HISTORICAL, MULTICULTURAL, GLOBAL, AND FUTURE PERSPECTIVES. IN ADDITION TO ITS DEGREE PROGRAM, RINGLING COLLEGE OFFERS COURSES, LECTURES, EXHIBITIONS, AND OTHER ART-RELATED SERVICES TO THE LOCAL AND REGIONAL COMMUNITY THROUGH ITS GALLERY, LIBRARY, CONTINUING EDUCATION, AND COMMUNITY SERVICE PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION AND FEES: RINGLING COLLEGE OF ART AND DESIGN PROVIDES INSTRUCTION IN VISUAL ARTS EDUCATION TO OVER 1,600 STUDENTS IN FULLY ACCREDITED FOUR-YEAR DEGREE PROGRAMS LEADING TO BFA AND BA DEGREES.


AUXILIARY: RINGLING COLLEGE OF ART AND DESIGN OPERATES VARIOUS AUXILIARY ENTERPRISES INCLUDING DINING SERVICES, HOUSING, AND BOOKSTORE SERVICES IN SUPPORT OF A RESIDENTIAL COMMUNITY WHICH SUPPORTS STUDENT DEVELOPMENT AND FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY AND STAFF.


COMMUNITY OUTREACH: RINGLING COLLEGE OF ART AND DESIGN PROVIDES VISUAL AND LIBERAL ARTS INSTRUCTION FOR THE COMMUNITY THROUGH VARIOUS PROGRAMS ON A NON-CREDIT BASIS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chartwells Dining Services
Dining Services
$2,484,094
Ayerssaintgross Incorporated
Design Services
$2,196,624
Custodial Maintenance Inc
Custodial Services
$1,399,371
Tom Wessel Construction Corp
Construction Services
$719,204
Willis A Smith Construction
Construction Services
$19,812,832
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$35,488
Fundraising events$983,104
Related organizations$0
Government grants $1,073,270
All other contributions, gifts, grants, and similar amounts not included above$21,138,662
Noncash contributions included in lines 1a–1f $264,012
Total Revenue from Contributions, Gifts, Grants & Similar$23,230,524
Total Program Service Revenue$90,966,385
Investment income $2,039,584
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $90,767
Net Gain/Loss on Asset Sales -$1,180,950
Net Income from Fundraising Events -$475,086
Net Income from Gaming Activities $1,321
Net Income from Sales of Inventory $110,808
Miscellaneous Revenue$0
Total Revenue $114,783,353

Grants Awarded

Over the last fiscal year, Ringling College Of Art And Design Inc has awarded $27,030 in support to 3 organizations.

Grant RecipientAmount

IMAGINARIUM LLC

PURPOSE: SUPPORT LOCAL COMIC ILLUSTRATION CONVENTION

$10,000

ECONOMIC DEVELOPMENT CORPORATION

Org PageRecipient Profile

Sarasota, FL

PURPOSE: GENERAL SUPPORT

$9,530

HILLSBOROUGH EDUCATION FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: EVENT SPONSORSHIP

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Ringling College Of Art And Design Inc has recieved totaling $967,453.

Awarding OrganizationAmount
Gulf Coast Community Foundation Inc

Venice, FL

PURPOSE: EDUCATION

$727,606
Marcia And Michael Klein Foundation

Longboat Key, FL

PURPOSE: MASTERPIECE & MUSEUM

$105,000
Stone Foundation Inc

Longboat Key, FL

PURPOSE: STUDENT PROFESSIONAL FUNDCROSSING THE FINISH LINE

$50,000
Manatee Community Foundation Inc

Bradenton, FL

PURPOSE: PROGRAM SUPPORT

$15,100
Dona & Sam Scott Foundation

Longboat Key, FL

PURPOSE: GENERAL

$15,000
James And Maryann Armour Family Foundation Inc

Sarasota, FL

PURPOSE: CHARITABLE

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$54,520,304
Earnings$2,934,715
Net Contributions$3,729,714
Other Expense$1,365,475
Grants$1,575,175
Ending Balance$58,244,083

Peer Organizations

Organization NameAssets
Everglades College Inc
Fort Lauderdale, FL
$525,813,324
Rollins College
Winter Park, FL
$183,305,572
Morehouse College
Atlanta, GA
$205,841,399
Berry College Inc
Mount Berry, GA
$156,251,145
Florida Southern College
Lakeland, FL
$143,874,205
Eckerd College
St Petersburg, FL
$127,879,721
Southeastern University Inc
Lakeland, FL
$129,416,019
Spelman College
Atlanta, GA
$194,986,172
Palm Beach Atlantic University Inc
West Palm Beach, FL
$116,726,108
Ringling College Of Art And Design Inc
Sarasota, FL
$114,783,353
Bethune-Cookman University
Daytona Beach, FL
$94,666,198
Flagler College Inc
St Augustine, FL
$73,291,832

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