Intercollegiate Center For Classical Studies
- Assets
- $13.4m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Brentwood, TN
- Founding
- 01/2006
- Data as of
- 06/2023
- EIN
- 83-0406747
Organization Overview
Intercollegiate Center For Classical Studies is located in Brentwood, TN. The organization was established in 2006. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2023, Intercollegiate Center For Classical Studies employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intercollegiate Center For Classical Studies 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 06/2023, Intercollegiate Center For Classical Studies generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. While expenses have increased by 1.2% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES UNDERGRADUATE STUDENTS WITH AN OPPORTUNITY TO STUDY ABROAD WITH PROGRAMS IN CLASSICAL STUDIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE FULL PROGRAM DESCRIPTION IN SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francesco Sgariglia Director Italian Program | Officer | 40 | $175,520 |
Christopher Gregg Professor In Charge | Officer | 40 | $120,917 |
Adam Serfass Assitant Professor | 40 | $105,435 | |
Jeremy Hartnett Chair | OfficerTrustee | 10 | $0 |
Gary Farney Board Member | Trustee | 1 | $0 |
Lauren Ginsberg Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $61,550 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,756 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,306 |
| Total Program Service Revenue | $2,583,648 |
| Investment income | $423,613 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $95,670 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,335,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $130,288 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $330,552 |
| Compensation of current officers, directors, key employees. | $155,032 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $701,066 |
| Pension plan accruals and contributions | $59,418 |
| Other employee benefits | $53,061 |
| Payroll taxes | $173,920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,000 |
| Fees for services: Accounting | $50,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $76,046 |
| Fees for services: Other | $172,970 |
| Advertising and promotion | $16,197 |
| Office expenses | $43,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $331,734 |
| Travel | $54,154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,320 |
| Interest | $11,688 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,019 |
| Insurance | $14,591 |
| All other expenses | $0 |
| Total functional expenses | $2,578,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,836 |
| Savings and temporary cash investments | $266,343 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,995 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,371 |
| Net Land, buildings, and equipment | $138,650 |
| Investments—publicly traded securities | $11,707,974 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,047,957 |
| Total assets | $13,372,126 |
| Accounts payable and accrued expenses | $230,253 |
| Grants payable | $0 |
| Deferred revenue | $27,270 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,632,850 |
| Total liabilities | $1,890,373 |
| Net assets without donor restrictions | $9,139,534 |
| Net assets with donor restrictions | $2,342,219 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,372,126 |