2024-07-15T15:01:00-05:00 2023-08-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-09-01 131393610 THE TOWN SCHOOL INC TOWN 2122884383 540 EAST 76TH STREET NEW YORK NY 10021 GARY MUI DIRECTOR OF FINANCE 9174323052 2023-07-15 1 GARY MUI 999009999 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-07-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DOUGLAS BROPHY 540 EAST 76TH STREET NEW YORK NY 10021 23129160 0 X WWW.THETOWNSCHOOL.ORG X 1913 NY THE TOWN SCHOOL IS COMMITTED TO ELEMENTARY COEDUCATION, SERVING STUDENTS IN NURSERY THROUGH EIGHTH GRADE. AS WE EMBRACE HIGH ACADEMIC AND ETHICAL STANDARDS FOR EACH STUDENT, WE ARE GUIDED BY OUR SCHOOL MOTTO, "LET THERE BE JOY IN LEARNING." TOWN'S PROGRAM BALANCES THE TRADITIONAL AND THE INNOVATIVE, EMPHASIZING EXCELLENCE IN ACADEMICS AND A THOROUGH EXPOSURE TO THE ARTS AND PHYSICAL EDUCATION. WE TEACH CHILDREN TO THINK CREATIVELY, READ CRITICALLY AND REASON LOGICALLY, STRESSING THE VALUE OF BOTH INDIVIDUAL LEARNING AND COLLABORATION. WE ARE COMMITTED TO DIVERSITY, TEACHING STUDENTS TO BE INCLUSIVE AND TO RESPECT THEMSELVES AND OTHERS. STUDENTS LEAVE TOWN AS WELL-ROUNDED, ARTICULATE, RESILIENT AND MORALLY RESPONSIBLE INDIVIDUALS. THEY ARE PREPARED TO MEET THE CHALLENGES OF A DEMANDING SECONDARY EDUCATION AND CONTINUE ON THE PATH OF LIFELONG LEARNING. 25 22 157 22 0 0 4904631 2257204 18260917 18430192 1379714 1251048 892370 330253 25437632 22268697 3286623 3247000 0 0 14482280 14695375 450000 477200 1227512 4891698 4917571 23110601 23337146 2327031 -1068449 66101816 68721382 8820901 9211640 57280915 59509742 X THE TOWN SCHOOL IS COMMITTED TO ELEMENTARY COEDUCATION, SERVING STUDENTS IN NURSERY THROUGH EIGHTH GRADE. AS WE EMBRACE HIGH ACADEMIC AND ETHICAL STANDARDS FOR EACH STUDENT, WE ARE GUIDED BY OUR SCHOOL MOTTO, LET THERE BE JOY IN LEARNING. TOWN'S PROGRAM BALANCES THE TRADITIONAL AND THE INNOVATIVE, EMPHASIZING EXCELLENCE IN ACADEMICS AND A THOROUGH EXPOSURE TO THE ARTS AND PHYSICAL EDUCATION. WE TEACH CHILDREN TO THINK CREATIVELY, READ CRITICALLY AND REASON LOGICALLY, STRESSING THE VALUE OF BOTH INDIVIDUAL LEARNING AND COLLABORATION. WE ARE COMMITTED TO DIVERSITY, TEACHING STUDENTS TO BE INCLUSIVE AND TO RESPECT THEMSELVES AND OTHERS. STUDENTS LEAVE TOWN AS WELL-ROUNDED, ARTICULATE, RESILIENT AND MORALLY RESPONSIBLE INDIVIDUALS. THEY ARE PREPARED TO MEET THE CHALLENGES OF A DEMANDING SECONDARY EDUCATION AND CONTINUE ON THE PATH OF LIFELONG LEARNING. 0 0 19306355 3247000 18572279 THE TOWN SCHOOL'S PROGRAM BALANCES THE TRADITIONAL AND THE INNOVATIVE, EMPHASIZING EXCELLENCE IN ACADEMICS AND A THOROUGH EXPOSURE TO THE ARTS AND PHYSICAL EDUCATION. TOWN IS COMMITTED TO DIVERSITY, TEACHING STUDENTS TO BE INCLUSIVE AND TO RESPECT THEMSELVES AND OTHERS. EMBRACING THE IDEA THAT CHILDREN LEARN DIFFERENTLY THAN HIGH SCHOOL STUDENTS OR ADULTS, THE TOWN SCHOOL IS COMMITTED TO THEIR NURSERY THROUGH EIGHTH GRADE (N-8) STRUCTURE. TOWN'S CURRICULA AND TEACHING METHODS ARE DIFFERENT FROM THOSE OF OTHER PROGRAMS, BALANCING THE RIGHT COMBINATION OF ACADEMIC CHALLENGE AND NURTURING SUPPORT AT EACH GRADE LEVEL. THE EMPHASIS IS ON DISCOVERY, EXPLORATION, AND SOCIAL GROWTH INHERENT IN CHILDREN, ENABLED BY A CLASSROOM SETUP AND TEACHING STYLE THAT EMPOWERS STUDENTS TO SPEAK UP AND PARTICIPATE. THE TEACHERS, WHO SERVE AS MENTORS AND FACILITATORS RATHER THAN LECTURERS, APPRECIATE THE UNIQUENESS OF CHILDHOOD AND FOSTER THE INDIVIDUALITY OF EVERY STUDENT. STUDENTS GRADUATE FROM TOWN AS WELL-ROUNDED, ARTICULATE, RESILIENT, AND MORALLY RESPONSIBLE INDIVIDUALS. THEY ARE PREPARED TO MEET THE CHALLENGES OF A DEMANDING SECONDARY EDUCATION AND CONTINUE ON THE PATH OF LIFELONG LEARNING. THE TOWN SCHOOL FACULTY TO STUDENT RATIO IS ONE TO FIVE, INCLUDING MATH AND READING SPECIALISTS, GUIDANCE COUNSELORS, AND A DIRECTOR OF DIVERSITY. THE RIVERFRONT BUILDING PROVIDES THE IDEAL ENVIRONMENT FOR WELCOMING AND ENRICHING CHILDREN'S NATURAL CURIOSITY. FACILITIES INCLUDE THREE CONNECTED BUILDINGS HOUSING A STATE-OF-THE-ART LIBRARY/TECHNOLOGY CENTER IN THE HEART OF THE SCHOOL, RECENTLY RENOVATED STATE-OF-THE-ART SCIENCE LABS, ROOMY LIGHT-FILLED CLASSROOMS, MANY OF WHICH HAVE RIVER VIEWS, FULLY EQUIPPED ART CLASSROOMS, A LARGE GYM, TWO LARGE PLAY TERRACES, AND A LARGE AUDITORIUM. THE TOWN SCHOOL RECOGNIZES THE IMPORTANCE OF THE RELATIONSHIP BETWEEN PARENTS AND THEIR CHILD'S SCHOOL. TOWN OFFERS A PARENT EDUCATON PROGRAM TO INTRODUCE THE TOWN CURRICULUM AND THE DEVELOPMENTAL NEEDS OF CHILDREN AT EACH GRADE LEVEL. IN ADDITION, THE TOWN SCHOOL OPERATES SUMMER SCHOOL, AFTER SCHOOL PROGRAMS (INCLUDING CLUBHOUSE, POSTSCRIPT, AND INDIVIDUAL INSTRUMENTAL LESSONS), AND DAY CARE PROGRAMS THAT ENHANCE THE REGULAR SCHOOL CURRICULUM PROVIDED TO THE STUDENTS. THE TOWN SCHOOL IS ACCREDITED BY THE NEW YORK STATE ASSOCIATION OF INDEPENDENT SCHOOLS. 19306355 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 61 0 1 157 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X GARY MUI - DIRECTOR OF FINANCE 9174323052 540 EAST 76TH STREET NEW YORK NY 10021 ALISON HUNTER TRUSTEE 1.00 X 0 0 0 ANDREW HOFER TRUSTEE 1.00 X 0 0 0 AVA COLLINS FACULTY TRUSTEE 40.00 X 92294 0 22845 DANA LADDEN TRUSTEE 1.00 X 0 0 0 DANIEL SCHUBERT TRUSTEE 1.00 X 0 0 0 DOUGLAS BROPHY HEAD OF SCHOOL 40.00 X X 549181 0 213676 GRACE KO TRUSTEE 1.00 X 0 0 0 ISABEL ESTRADA TRUSTEE 1.00 X 0 0 0 J PATRICK BENNETT TRUSTEE 1.00 X 0 0 0 JACQUELINE Y PELZER TRUSTEE 1.00 X 0 0 0 JAMIESON ODELL CO-VICE CHAIR (07/1/22-06/30/23) 5.00 X X 0 0 0 JEFFREY STAFFORD TRUSTEE (OUTGOING 6/30/23) 1.00 X 0 0 0 JENNIFER ROTHBERG TRUSTEE 1.00 X 0 0 0 JONATHAN IGER TRUSTEE 1.00 X 0 0 0 JOSHUA HELFAT TRUSTEE 1.00 X 0 0 0 LEON DEAN TRUSTEE 1.00 X 0 0 0 MELKIS BAEZ TRUSTEE 1.00 X 0 0 0 MICHAEL CUMMINS TRUSTEE 1.00 X 0 0 0 NALEDI SEMELA TRUSTEE 1.00 X 0 0 0 PAULA MCGLARRY CO-VICE CHAIR (07/1/22-06/30/23) 5.00 X X 0 0 0 PETER EVANS TREASURER (OUTGOING 06/30/23) 5.00 X X 0 0 0 RENE FLORVILLE TRUSTEE 1.00 X 0 0 0 RESHAN RICHARDS TRUSTEE 1.00 X 0 0 0 VALERIE RUSSO CHAIR (TERM UP 06/30/23) 5.00 X X 0 0 0 YUKO MA KENNEALLY FACULTY TRUSTEE 40.00 X 113224 0 36800 ZAINAB MILLER SECRETARY(7/1/22-06/30/23) 5.00 X X 0 0 0 JASON BOSSART CHIEF OPERATING OFFICER 40.00 X 263031 0 28490 KELLY GRUEN DIR. OF FINANCE & HR (OUTGOING) 40.00 X 174232 0 32772 ALISON VASIOS FLANNERY HEAD OF NURSERY-KINDERGARTEN 40.00 X 172008 0 18424 CAROL SEELEY HEAD OF UPPER SCHOOL (OUTGOING) 40.00 X 190263 0 26138 DAVID WOOD HEAD OF LOWER SCHOOL 40.00 X 183019 0 61392 PHILIP C BIEN DIRECTOR INSTITUTIONAL ADVANCEMENT 40.00 X 170583 0 3292 WILLIAM MCCARTNEY DIRECTOR OF PLACEMENT 40.00 X 175869 0 63248 2083704 0 507077 44 0 1 0 COMMUNITY COUSELING SERVICES CO LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 CAPITAL CAMPAIGN ADVISORS 487500 CATER TO YOU 665 BROADWAY SUITE 503 NEW YORK NY 10012 FOOD SERVICE 206587 2 118561 2138643 220189 2257204 TUITION 611710 17877110 17877110 POSTSCRIPT INCOME 611710 288020 288020 SUMMER SCHOOL PRGM 611710 153553 153553 CLUBHOUSE INCOME 611710 74548 74548 OTHER 611710 20650 20650 16311 16311 18430192 1109331 1109331 189838 0 189838 189838 189838 975608 833891 141717 141717 141717 24900 118561 26572 -1672 -1672 OTHER REVENUE 900099 142087 142087 142087 22268697 18572279 0 1439214 3247000 3247000 1362194 708178 496106 157910 10111242 8684310 1095360 331572 691448 638840 26440 26168 1605174 1474582 76819 53773 925317 813965 67098 44254 211843 211843 477200 477200 2722 2722 127039 127039 271686 33773 181816 56097 429050 343240 64358 21452 227196 172925 54271 768287 573951 158464 35872 210433 168346 31565 10522 EDUCATIONAL MATERIALS 878062 878062 AUXILIARY PROGRAM 540055 540055 REPAIRS AND MAINTENANCE 385098 308259 76839 FOOD SERVICE 280880 280880 585220 439989 132539 12692 23337146 19306355 2803279 1227512 2466657 1255796 1229924 5773244 2277250 2146578 213823 128937 293794 296043 23614856 11612294 11674162 12002562 46827776 46348098 1106430 412367 12000 357757 66101816 68721382 550659 823842 8270242 8041007 0 346791 8820901 9211640 X 48445357 49185946 8835558 10323796 57280915 59509742 66101816 68721382 -1068449 3297276 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44769598 1000000 4548324 2231300 48086622 53160097 1000000 -7330499 2060000 44769598 44485200 1000000 9667897 1993000 53160097 40050644 1000000 5160556 1726000 44485200 40926925 709969 1586250 40050644 0.88156 0.11844 1 0 210000 210000 20858190 9268595 11589595 2546666 2343699 202967 12002562 FINANCING LEASE LIABILITIES 346791 346791 X 22345545 3297276 -3220428 76848 22268697 0 22268697 20116718 0 20116718 3220428 3220428 23337146 PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR EDUCATIONAL PROGRAMMING. PART X, LINE 2: THE SCHOOL BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2023 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -3,247,000. FUNDRAISING EXPENSES 26,572. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 3,247,000. FUNDRAISING EXPENSES -26,572. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLISHES ITS NON-DISCRIMINATION POLICY IN VARIOUS SCHOOL PUBLICATIONS. SCHEDULE E, PART I, LINE 6 TOWN SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM NEW YORK STATE. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 317333 0 0 0 0 0 0 317333 0 317333 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X 1 COMMUNITY COUNSELING SERVICES CO LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10012 PROFESSIONAL FUNDRAISER 0 0 477200 -477200 477200 -477200 PA PARTY 2023 143461 118561 24900 11452 10120 5000 143461 118561 24900 11452 10120 5000 26572 -1672 1 FINANCIAL AID SCHOLARSHIPS 85 0 3247000 FMV INTERNALLY DIRECTED SCHOLARSHIPS PART I, LINE 2: ALL GRANTEES ARE STUDENTS WHO ATTEND THE SCHOOL, AND THEIR AWARDS DEFRAY THEIR DIRECT EDUCATIONAL EXPENSES. AS SUCH, THE PROGRESS OF THE GRANTEES IS MONITORED BY TEACHERS AND ADMINISTRATORS ON A DAILY BASIS. X 1 0 X X X X X X 0 0 0 0 0 0 0 0 0 DOUGLAS BROPHY HEAD OF SCHOOL 548536 0 0 0 645 0 51167 0 162509 0 762857 0 0 0 JASON BOSSART CHIEF OPERATING OFFICER 262881 0 0 0 150 0 13493 0 14997 0 291521 0 0 0 DAVID WOOD HEAD OF LOWER SCHOOL 182374 0 0 0 645 0 18093 0 43299 0 244411 0 0 0 WILLIAM MCCARTNEY DIRECTOR OF PLACEMENT 174879 0 0 0 990 0 17798 0 45450 0 239117 0 0 0 CAROL SEELEY HEAD OF UPPER SCHOOL (OUTGOING) 190038 0 0 0 225 0 9824 0 16314 0 216401 0 0 0 KELLY GRUEN DIR. OF FINANCE & HR (OUTGOING) 174112 0 0 0 120 0 16119 0 16653 0 207004 0 0 0 ALISON VASIOS FLANNERY HEAD OF NURSERY-KINDERGARTEN 171858 0 0 0 150 0 9171 0 9253 0 190432 0 0 0 PHILIP C BIEN DIRECTOR INSTITUTIONAL ADVANCEMENT 170433 0 0 0 150 0 0 0 3292 0 173875 0 0 0 YUKO MA KENNEALLY FACULTY TRUSTEE 112879 0 0 0 345 0 10602 0 26198 0 150024 0 0 0 PART I, LINE 1A PURSUANT TO AN AGREEMENT WITH DOUGLAS BROPHY AS A CONDITION OF HIS EMPLOYMENT UNDER CODE SECTION 119 OF THE INTERNAL REVENUE CODE OF 1986, HE IS REQUIRED TO RESIDE IN THE VICINITY OF THE SCHOOL. AS SUCH, HIS HOUSING OF $132,000 HAS BEEN INCLUDED IN THE NONTAXABLE BENEFITS IN PART II, COLUMN D OF SCHEDULE J. THE FACILITIES SERVE AS AN EXTENSION OF THE SCHOOL'S MEETING AREA. THE ORGANIZATION IS NOT REQUIRING REIMBURSEMENTS FOR THE HOUSING ALLOWANCE AS THOSE ARE NOT BEING PAID DIRECTLY TO THE INDIVIDUALS. THE ORGANIZATION HOLDS THE LEASE AND MAKES PAYMENTS DIRECTLY TO THE LANDLORD. THEREFORE, THERE ARE NO REIMBURSEMENTS REQUIRED. X 7 220189 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE, THEN PROVIDED TO THE BOARD OF DIRECTORS FOR COMMENT AND REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO SIGN QUESTIONNAIRES ANNUALLY TO DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL USES ITS COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY, AND APPROVAL BY THE BOARD THROUGH ITS COMPENSATION COMMITTEE TO DETERMINE THE COMPENSATION OF THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII LINE 2C: PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.