NonprofitsPratt Institute

Education

Pratt Institute

BROOKLYN, NY

Total revenue

$398.1M

Total expenses

$335.5M

Net assets

$588.6M

Grants received

$10.9M

239 grants

EIN

111630822

Tax year

2023

Mission

To educate artists and creative professionals to be responsible contributors to society.

Programs

3 programs

Academic support: the institute provides financial support in the form of scholarships to over 80% of students. This assistance is vital to fostering the unique abilities of the talented individuals enrolled at pratt, the majority of whom would otherwise be unable to benefit from the world-class, cutting edge education the institute offers. (see continuation in schedule o)

Expenses: $38.2M

Auxiliary enterprises: the institute manages and maintains multiple residence halls which provide housing for pratt students. Auxiliary enterprises also include management of the student meal program and athletic center activities which are primarily maintained for the use and convenience of students, faculty and staff.

Expenses: $29.9M

Student services:expenses incurred for student' activities and events by the following departments: admissions, registrar, bursar, financial aid, athletics, international affairs, health & counseling, career services and other student support. The student affairs division provides programs andservices that promote student personal and professional development, fosters a campus environment that is conducive to student learning and advocates for and supports students as they meet academic and personal challenges. The office of international affairs provides services to international students from over 75 countries as well as j-1 exchange visitors, exchange students, professors, and scholars. The office is responsible to ensure the institute's compliance with requirements of the department of homeland security and department of state.institutional support:includes expenditures primarily incurred by the offices of security, strategic planning, institutional research, information technology, marketing, finance, and other general expenses of the institution.operation and maintenance of plant:includes expenses for the maintenance and upkeep of buildings, management and support of the operations of physical plant facilities, utilities, cleaning and other related functions, capital renovation and deferred maintenance projects. The institute is currently undergoing amajor upgrade to its aging steam plant in order to reduce carbon emissions and comply with local carbon reduction requirements.public service:the institute plays an active role in community-based planning and research programs that empower local residents and businesses to develop robust urban centers in which to work, play and live. Community based programs include the long-running saturday art school and pratt young scholars program. Services of the spatial analysis and visualization lab are available to the community and regularly provides gis technical assistance to new york city-based nonprofit, civic, and community-based planning organizations. Savi maintains a database of spatial and informational data sets, available for public use on mostnetworked computers on the brooklyn campus. Pratt center for community development: established in 1963, the center works for a more sustainable and equitable city in partnership with community-based organizations, small businesses, and policymakers.

Expenses: $28.8M

Financials

FY 2023

Revenue

Contributions & grants$14.7M
Program service revenue$313.1M
Investment income$68.4M
Other revenue$1.9M
Total revenue$398.1M

Expenses

Grants paid$82.7M
Salaries & benefits$168.7M
Fundraising$3.7M
Other expenses$84.2M
Total expenses$335.5M
Total assets$797.6M
Net assets$588.6M

People

33 listed

NameRoleCompensation

FRANCES BRONET

PRESIDENT AND TRUSTEE

Board

$956K

35 hrs/wk

CATHLEEN M KENNY

VP FOR FINANCE AND ADMINISTRATION

Board

$368K

35 hrs/wk

DONNA HEILAND

PROVOST

Board

$352K

35 hrs/wk

ALEX LIEBERGESELL

FACULTY TRUSTEE (AS OF 07/2023)

Board

$118K

5 hrs/wk

KARIN TEHVE

FACULTY TRUSTEE (AS OF 07/2023)

Board

$116K

5 hrs/wk

ADEM WIJEWICKREMA

UNDERGR. STUD. TRUS. (AS OF 07/2023)

Board

$8K

5 hrs/wk

SHARON GAUCI

TRUSTEE

Board

5 hrs/wk

BRUCE J GILTIN

TRUSTEE

Board

5 hrs/wk

WILLIAM HILSON

TRUSTEE

Board

5 hrs/wk

DAVID KIM

TRUSTEE

Board

5 hrs/wk

KATHARINE L MCKENNA

TRUSTEE

Board

5 hrs/wk

DAVID O PRATT

TRUSTEE

Board

5 hrs/wk

MARK D STUMER

TRUSTEE

Board

5 hrs/wk

ANNE E EDWARDS

SECRETARY

Board

5 hrs/wk

MICHAEL ZETLIN

TRUSTEE

Board

5 hrs/wk

MIKE PRATT

VICE CHAIR OF THE BOARD

Board

5 hrs/wk

GARY S HATTEM

CHAIR OF BOARD

Board

5 hrs/wk

AVA SCOTT

RECENT GRAD. TRUSTEE

Board

5 hrs/wk

LUCY PIDCOCK

GRAD. STUD. TRUSTEE (AS OF 07/2023)

Board

5 hrs/wk

BRYNN ANDERSON

RECENT GRAD. TRUSTEE (AS OF 07/2023)

Board

5 hrs/wk

ANNE H VAN INGEN

TRUSTEE

Board

5 hrs/wk

HOWARD S STEIN

TREASURER

Board

5 hrs/wk

DERRICK ADAMS

TRUSTEE

Board

5 hrs/wk

KATHRYN C CHENAULT

TRUSTEE

Board

5 hrs/wk

DR JOAN FALLON

TRUSTEE

Board

5 hrs/wk

RICHARD LONGO

VP FOR ENROLLMENT MANAGEMENT

Staff

$292K

35 hrs/wk

DAPHNE R HALPERN

VP OF INSTITU. ADV. (THRU 05/2023)

Staff

$290K

0

JESSICA TALLMAN

INTERIM VP FOR INSTITUTIONAL ADV.

Staff

$289K

35 hrs/wk

JOSEPH M HEMWAY

VP OF IT & CIO

Staff

$277K

35 hrs/wk

ANITA COONEY

DEAN - SCHOOL OF DESIGN

Staff

$256K

35 hrs/wk

KIRK E PILLOW

FORMER PROVOST

Staff

$195K

0

FARZAM YAZDANSETA

FORMER FACULTY TRUSTEE

Staff

$118K

0

MARIA SIEIRA

FORMER FACULTY TRUSTEE

Staff

$99K

0

Independent contractors

ALLIED UNIVERSAL SECURITY SERVICES

SECURITY

$3.3M

CULLEN AND DYKMAN LLP

LEGAL

$2.2M

ZUBATKIN OWNER REPRESENTATION LLC

PROJECT MANAGEMENT

$1.5M

PROQUEST LLC

RESEARCH SERVICES

$649K

GRANT THORNTON

AUDITING & ACCOUNTING SERVICES

$452K

Grants received

Showing 200 of 239

FromAmountPurposeYear
$1M
FAMILY ENDOWED INTERNSHIP
2024
$200K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$125K
To support Pratts Center for Art, Design, and Community Engagement and Precollege scholarships
2024
$100K
GENERAL OPERATING
2024
$98K
PROMOTE THE ARTS
2024
$96K
CHARITABLECHARITABLE
2024
$71K
GENERAL SUPPORT
2024
$56K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2024
$54K
Capacity Building
2024
$25K
TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY.
2024
$10K
ENV JUSTICE PROGRAM
2024
$10K
GENERAL SUPPORT
2024
$10K
FOR OPERATIONS
2024
$8K
SCHOLARSHIPS
2024
$7K
To Help Fund the Recipients Operating Budget
2024
$5K
GENERAL SUPPORT
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
To help fund student scholarships.
2024
$3K
EDUCATION
2024
$3K
EXEMPT PURPOSE
2024
$1K
STUDENT SCHOLARSHIP
2024
$1M
FAMILY ENDOWED INTERNSHIP
2023
$500K
GENERAL OPERATING SUPPORT
2023
$105K
For grant recipient's exempt purposes
2023
$100K
OPERATIONS
2023
$100K
FCI 2023 IMPLEMENTATION
2023
$95K
PROMOTE THE ARTS
2023
$73K
GENERAL SUPPORT
2023
$70K
General Purposee
2023
$56K
GENERAL OPERATING EXPENSES
2023
$53K
GRANT TO SUPPORT JUNIOR YEAR STUDIO PROGRAM
2023
$50K
CHANGE CAPITAL FUND - CHANGE CAPITAL FUND THE CHANGE CAPITAL FUND (CCF) IS A COLLABORATION OF PHILANTHROPIC FOUNDATIONS AND FINANCIAL INSTITUTIONS THAT POOL FUNDS TO INVEST IN COMMUNITY DEVELOPMENT EFFORTS ACROSS NEW YORK CITY. CCF BEGAN FUNDING COMMUNITY DEVELOPMENT CORPORATIONS TOWARDS THE GOAL OF MORE EFFECTIVELY REDUCING PERSISTENT AND CHRONIC POVERTY. EACH PARTICIPATING NONPROFIT ORGANIZATION WILL BE FUNDED OVER FOUR YEARS AND RECEIVE TECHNICAL ASSISTANCE SUPPORT TOWARDS THE GOAL OF BUILDING INTERNAL CAPACITY FOR MULTI-DISCIPLINARY PRACTICES AND IMPROVED OUTCOMES TRACKING SYSTEMS, AND DEVELOPING MORE EFFECTIVE BUSINESS MODELS.
2023
$50K
GENERAL OPERATING SUPPORT
2023
$36K
EJ CAPACITY BUILDING
2023
$25K
UNRESTRICTED GENERAL SUPPORT
2023
$25K
TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY.
2023
$25K
VISUAL ARTS - PROJECT/PROGRAM
2023
$25K
VISUAL ARTS - PROJECT/PROGRAM
2023
$25K
General Purpose
2023
$25K
THE DESIGN INITIATIVE FOR COMMUNITY EMPOWERMENT (DICE) AND THE PRATT YOUNG SCHOLARS PROGRAM
2023
$20K
Research
2023
$20K
TO PROMOTE DESIGN EDUCATION
2023
$15K
SCHOLARSHIP FUNDING
2023
$15K
STUDENT EMERGENCY FUND
2023
$13K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$12K
FOR PROGRAM SUPPORT.
2023
$10K
CONTEMPORARY VISUAL ARTS SCHOLARSHIP
2023
$8K
FOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATION
2023
$8K
GENERAL EDUCATIONAL AND CHARITABLE PURPOSES
2023
$8K
SCHOLARSHIPS
2023
$7K
To Help Fund the Recipients Operating Budget
2023
$6K
GRANTS FROM DONOR ADVISED FUNDS- OPERATING SUPPORT
2023
$5K
GENERAL OPERATING SUPORT
2023
$3K
SCHOLARSHIPS
2023
$3K
FELLOWSHIP
2023
$3K
GENERAL FUND
2023
$500
GENERAL SUPPORT
2023
$250
CONTRIBUTION TO GENERAL FUND
2023
$250
FUND SCHOLARSHIPS AND GRANTS FOR UNDERPRIVLEDGED STUDENTS
2023
$600K
TO SUPPORT THE FURTHER DEVELOPMENT OF THE DIGITAL PRESERVATION OUTREACH AND EDUCATION NETWORK
2022
$350K
ENCOURAGING A JUST TRANSITION AWAY FROM FOSSIL FUELS
2022
$100K
OPERATIONS
2022
$95K
PROMOTE THE ARTS
2022
$93K
GENERAL SUPPORT
2022
$58K
For grant recipient's exempt purposes
2022
$56K
GENERAL OPERATING EXPENSES
2022
$53K
GENERAL PURPOSE GRANT
2022
$50K
GENERAL OPERATING SUPPORT
2022
$50K
VISUAL ART - PROJECT/PROGRAM
2022
$50K
SUPPORT FOR SOCIAL JUSTICE ARCHIVE STUDENTS AT PRATT INSTITUTE'S SCHOOL OF INFORMATION
2022
$48K
GRANT TO SUPPORT SOPHOMORE YEAR STUDIO PROGRAM
2022
$29K
TO SUPPORT THE SCULPTURE DEPARTMENT
2022
$25K
TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY.
2022
$25K
UNRESTRICTED GENERAL SUPPORT
2022
$25K
GENERAL PURPOSE-EDUCATION
2022
$18K
For the general purposes or other charitable purposes of the organization.
2022
$10K
Scholarship
2022
$10K
STUDENT EMERGENCY FUND
2022
$10K
SCHOLARSHIPS & FINANCIAL AID
2022
$8K
SCHOLARSHIPS
2022
$8K
GENERAL EDUCATIONAL AND CHARITABLE PURPOSES
2022
$7K
To Help Fund the Recipients Operating Budget
2022
$6K
SCHOLARSHIP FUNDING
2022
$6K
GENERAL OPERATING SUPPORT
2022
$6K
SELECTED SCHOLARSHIP RECIPIENT AWARD
2022
$6K
PROGRAM SUPPORT
2022
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$5K
EDUCATION
2022
$5K
GENERAL OPERATING SUPPORT
2022
$3K
SCHOLARSHIPS
2022
$3K
SCHOLARSHIPS
2022
$1K
FELLOWSHIP
2022
$500
GENERAL SUPPORT
2022
$500
GENERAL
2022
$300
MATCHING GIFTS
2022
$250
CONTRIBUTION TO GENERAL FUND
2022
$200
GENERAL OPERATING SUPPORT
2022
$50
PROGRAM/OPERATING SUPPORT
2022
$500K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
$130K
PLANNING ASSISTANCE
2021
$110K
For grant recipient's exempt purposes
2021
$110K
For grant recipient's exempt purposes
2021
$86K
GENERAL SUPPORT
2021
$50K
GENERAL OPERATING SUPPORT
2021
$44K
SCHOLARSHIP FOR CALEB V. WETTIG
2021
$29K
SCULPTURE DEPARTMENT PLEDGE OF SUPPORT
2021
$20K
TECHNOLOGY AND COLLECTION DEVELOPMENT
2021
$10K
GENERAL PURPOSE
2021
$8K
GENERAL EDUCATIONAL AND CHARITABLE PURPOSES
2021
$6K
EQUALITY SCHOLARSHIP
2021
$6K
To Help Fund the Recipients Operating Budget
2021
$6K
For recipient's exempt purpose
2021
$5K
PPI Publication Project
2021
$5K
PROGRAM SUPPORT
2021
$5K
SELECTED SCHOLARSHIP RECIPIENT AWARD
2021
$5K
TO PROVIDE THE CREATIVE LEADERS OF TOMORROW THE KNOWLEDGE AND EXPERIENCE TO MAKE A BETTER WORLD
2021
$2K
GENERAL SUPPORT
2021
$1K
FURTHER DONEE'S EXEMPT PURPOSE
2021
$700
To further organization's outreach & service activities to its community.
2021
$500
CONTRIBUTION TO GENERAL FUND
2021
$600K
TO SUPPORT A PROFESSIONAL DEVELOPMENT PROGRAM IN DIGITAL PRESERVATION FOR LIBRARIES, ARCHIVES, AND MUSEUMS
2020
$160K
GUERILLA SCIENCE: CONVEYING SCIENCE THROUGH THE ARTS
2020
$78K
GENERAL SUPPORT
2020
$71K
For grant recipient's exempt purposes
2020
$65K
Career Readiness
2020
$38K
GRANT TO SUPPORT JUNIOR STUDIO PROGRAM
2020
$35K
GENERAL PURPOSE
2020
$30K
UNRESTRICTED GENERAL SUPPORT
2020
$29K
UNRESTRICTED GENERAL OPERATING SUPPORT
2020
$25K
TO PROMOTE DESIGN EDUCATION
2020
$25K
TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY.
2020
$25K
THE DESIGN INITIATIVE FOR COMMUNITY EMPOWERMENT (DICE) AND THE PRATT YOUNG SCHOLARS PROGRAM
2020
$15K
For the general purposes or other charitable purposes of the organization.
2020
$15K
VISUAL ART PROJECT/PROGRAM
2020
$10K
PRATT PRESENTS
2020
$10K
Scholarships - 3
2020
$8K
SCHOLARSHIPS
2020
$7K
GENERAL SUPPORT
2020
$6K
GENERAL EDUCATIONAL AND CHARITABLE PURPOSES
2020
$5K
To Help Fund the Recipients Operating Budget
2020
$5K
PROGRAM SUPPORT
2020
$5K
SELECTED SCHOLARSHIP RECIPIENT AWARD
2020
$4K
OPERATIONS
2020
$3K
GENERAL OPERATING SUPPORT
2020
$2K
SCHOLARSHIP RECIPIENT: A BRANDYBERRY
2020
$1K
TO SUPPORT CHARITABLE MISSION
2020

Funded by

$10.9M from 119 funders · 239 grants · 2017–2024

The Eric & Jane Nord Family Fund

$2M · 2 grants · 2023–2024

Jpmorgan Chase Foundation

$1.4M · 5 grants · 2018–2024

The Andrew W Mellon Foundation

$1.2M · 2 grants · 2020–2022

The Ayco Charitable Foundation

$800K · 3 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$615K · 8 grants · 2017–2023

Burrell L & Frances Craver Northam

$480K · 6 grants · 2018–2024

The Schmidt Family Foundation

$350K · 1 grant · 2022

Hauser & Wirth Institute Inc

$288K · 3 grants · 2022–2024

Details

EIN111630822
NTEE codeB430
Subsection03
Ruling date1935-01
Formed1887
Employees4548
Volunteers0
PRATT INSTITUTE — Mission, Financials & Grants Received | Grantivo