Nonprofit · EIN 11-1630822
PRATT INSTITUTE
Tax-exempt · BROOKLYN, NY 11205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $364,544,064 | $371,557,352 | -$7,013,288 | $822,466,310 | $211,028,873 | $611,437,437 |
| June 30, 2024 | 990 | $398,081,898 | $335,539,448 | $62,542,450 | $797,600,847 | $209,017,461 | $588,583,386 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,388,087
- of which government grants
- $6,181,254
- Program service revenue
- $337,700,710
- Investment income
- $12,332,555
- Royalties
- $24,501
- Net rental income
- $412,700
- Net gain from sales of assets
- $4,978,981
- Net income from fundraising events
- -$142,075
- Other revenue
- $3,122,712
Expenses
- Grants and similar amounts paid
- $93,246,536
- Compensation of officers, directors and key employees
- $1,813,293
- Other salaries and wages
- $136,658,848
- Salaries, compensation and benefits (total)
- $184,015,545
- Professional fundraising fees
- $0
- Legal fees
- $837,177
- Accounting fees
- $163,400
- Occupancy
- $4,244,251
- Travel
- $1,413,725
- Depreciation
- $14,218,784
- Program services (functional)
- $320,580,882
- Management and general (functional)
- $47,364,311
- Fundraising (functional)
- $3,612,159
Balance sheet and other
- Total assets, start of year
- $797,600,847
- Total assets, end of year
- $822,466,310
- Total liabilities, end of year
- $211,028,873
- Net assets, end of year
- $611,437,437
- Land, buildings and equipment
- $355,854,331
- Publicly traded securities
- $368,522,490
- Net assets without donor restrictions
- $467,392,943
- Net assets with donor restrictions
- $144,044,494
- Gross unrelated business income
- -$82,011
- Gross receipts
- $405,290,051
- Employees
- 4,490
- Volunteers
- 0
- Year formed
- 1887
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FRANCES BRONET | PRESIDENT AND TRUSTEE Trustee or director, Officer | 35 | $820,526 | $76,778 |
| CATHLEEN M KENNY | VP FOR FINANCE AND ADMINISTRATION Officer | 35 | $378,716 | $68,542 |
| DONNA HEILAND | PROVOST Officer | 35 | $365,056 | $36,633 |
| RICHARD LONGO | VP FOR ENROLLMENT MANAGEMENT Key employee | 35 | $300,702 | $64,532 |
| ANITA COONEY | DEAN - SCHOOL OF DESIGN Highest-paid employee | 35 | $278,450 | $68,926 |
| JOSEPH M HEMWAY | VP OF IT & CIO Key employee | 35 | $287,558 | $34,057 |
| CHRISTOPHER GAVLICK | CHIEF FACILITIES OFFICER Highest-paid employee | 35 | $255,171 | $61,834 |
| JAMES J KEMPSTER | VP FOR COMMUNICATIONS AND MARKETING Key employee | 35 | $246,552 | $62,287 |
| QUILIAN RIANO | DEAN - SCHOOL OF ARCHITECTURE Highest-paid employee | 35 | $274,902 | $33,062 |
| JORGE OLIVER | DEAN - SCHOOL OF ART Highest-paid employee | 35 | $266,435 | $32,662 |
| DELMY M LENDOF | VP FOR STUDENT AFFAIRS Key employee | 35 | $237,958 | $57,344 |
| STEPHANIE COOK | VP FOR INSTITUTIONAL ADVANCEMENT Key employee | 35 | $238,820 | $54,187 |
| MAIRA SEARA | DEAN - SCHOOL OF PROF. STUDIES Highest-paid employee | 35 | $242,185 | $49,659 |
| KIRK E PILLOW | FORMER PROVOST Former | 0 | $199,701 | $53,040 |
| KARIN TEHVE | FACULTY TRUSTEE (THRU 06/30/2025) Trustee or director | 5 | $150,275 | $25,793 |
23 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEX LIEBERGESELL | FACULTY TRUSTEE (THRU 06/30/2025) Trustee or director | 5 | $112,237 | $22,876 |
| BRYNN ANDERSON THRU 6302025 | RECENT GRADUATE TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICHAEL SCHAFLER | RECENT GRAD. TRUSTEE (AS OF 03/2025) Trustee or director | 5 | $0 | $0 |
| AADITHYAN MANNARMANNAN | GRAD. STUD. TRUST. (THRU 06/30/2025) Trustee or director | 5 | $0 | $0 |
| COURTNEY CHANDLER | UNDER. STUD. TRUS. (THRU 06/30/2025) Trustee or director | 5 | $0 | $0 |
| GARY S HATTEM | CHAIR OF BOARD Trustee or director, Officer | 5 | $0 | $0 |
| MIKE PRATT | VICE CHAIR OF THE BOARD Trustee or director, Officer | 5 | $0 | $0 |
| ANNE E EDWARDS | SECRETARY (THRU 07/24)/TRUSTEE Trustee or director, Officer | 5 | $0 | $0 |
| DR JOAN FALLON | SECRETARY (AS OF 07/2024) Trustee or director, Officer | 5 | $0 | $0 |
| HOWARD S STEIN | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| DERRICK ADAMS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GILDA BARABINO | TRUSTEE (AS OF 07/2024) Trustee or director | 5 | $0 | $0 |
| KATHRYN C CHENAULT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SHARON GAUCI | TRUSTEE Trustee or director | 5 | $0 | $0 |
| WILLIAM HILSON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID KIM | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KATHARINE L MCKENNA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID O PRATT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DOUG C STEINER | TRUSTEE (AS OF 07/2024) Trustee or director | 5 | $0 | $0 |
| MARK D STUMER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICKALENE THOMAS | TRUSTEE (AS OF 07/2024) Trustee or director | 5 | $0 | $0 |
| ANNE H VAN INGEN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICHAEL ZETLIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2024: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FRANCES BRONET | PRESIDENT AND TRUSTEE Trustee or director, Officer | 35 | $955,807 | $69,192 |
| CATHLEEN M KENNY | VP FOR FINANCE AND ADMINISTRATION Officer | 35 | $367,720 | $61,546 |
| DONNA HEILAND | PROVOST Officer | 35 | $351,909 | $34,083 |
| RICHARD LONGO | VP FOR ENROLLMENT MANAGEMENT Highest-paid employee | 35 | $292,057 | $59,817 |
| JESSICA TALLMAN | INTERIM VP FOR INSTITUTIONAL ADV. Highest-paid employee | 35 | $289,362 | $35,371 |
| ANITA COONEY | DEAN - SCHOOL OF DESIGN Highest-paid employee | 35 | $255,654 | $62,365 |
| JOSEPH M HEMWAY | VP OF IT & CIO Highest-paid employee | 35 | $276,784 | $31,090 |
| DAPHNE R HALPERN | VP OF INSTITU. ADV. (THRU 05/2023) Highest-paid employee | 0 | $290,184 | $11,082 |
| KIRK E PILLOW | FORMER PROVOST Former | 0 | $195,089 | $53,042 |
| FARZAM YAZDANSETA | FORMER FACULTY TRUSTEE Former | 0 | $118,269 | $53,506 |
| ALEX LIEBERGESELL | FACULTY TRUSTEE (AS OF 07/2023) Trustee or director | 5 | $117,694 | $20,243 |
| KARIN TEHVE | FACULTY TRUSTEE (AS OF 07/2023) Trustee or director | 5 | $116,102 | $21,543 |
| MARIA SIEIRA | FORMER FACULTY TRUSTEE Former | 0 | $98,655 | $5,698 |
| ADEM WIJEWICKREMA | UNDERGR. STUD. TRUS. (AS OF 07/2023) Trustee or director | 5 | $8,231 | $0 |
| BRYNN ANDERSON | RECENT GRAD. TRUSTEE (AS OF 07/2023) Trustee or director | 5 | $0 | $0 |
| LUCY PIDCOCK | GRAD. STUD. TRUSTEE (AS OF 07/2023) Trustee or director | 5 | $0 | $0 |
| AVA SCOTT | RECENT GRAD. TRUSTEE Trustee or director | 5 | $0 | $0 |
| GARY S HATTEM | CHAIR OF BOARD Trustee or director, Officer | 5 | $0 | $0 |
| MIKE PRATT | VICE CHAIR OF THE BOARD Trustee or director, Officer | 5 | $0 | $0 |
| ANNE E EDWARDS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| HOWARD S STEIN | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| DERRICK ADAMS | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KATHRYN C CHENAULT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DR JOAN FALLON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| SHARON GAUCI | TRUSTEE Trustee or director | 5 | $0 | $0 |
| BRUCE J GILTIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| WILLIAM HILSON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID KIM | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KATHARINE L MCKENNA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID O PRATT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MARK D STUMER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANNE H VAN INGEN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICHAEL ZETLIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 WILLOUGHBY AVE, BROOKLYN, NY 11205-3817
- In care of
- % THOMAS NAWABI
- Principal officer (990 for 2024)
- FRANCES BRONET, 200 WILLOUGHBY AVE, BROOKLYN, NY 11205
- Signed the 990
- CATHLEEN KENNY, VP OF FINANCE/ADMINISTRATION
- Phone
- (718) 636-3600
- Website
- WWW.PRATT.EDU
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
PRATT IS AN INSTITUTE, AN EXPERIENCE, AND AN IDEA. WHAT STARTED AS A RADICAL EXPERIMENT TO EXPAND ACCESS TO CREATIVE CAREERS IS NOW A COMMUNITY OF 5,137 GRAD AND UNDERGRAD STUDENTS WORKING ACROSS 48 PROGRAMS WITH 1,200 DEDICATED FACULTY. (CONTINUED ON SCHEDULE O).
Program accomplishments
- INSTRUCTION: PRATT INSTITUTE IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, AN INSTITUTIONAL ACCREDITING AGENCY RECOGNIZED BY THE US SECRETARY OF EDUCATION AND THE COMMISSION ON RECOGNITION OF POSTSECONDARY ACCREDITATION. THE INSTITUTE OFFERS 5 ASSOCIATE, 27 UNDERGRADUATE, AND 36 GRADUATE DEGREE PROGRAMS IN ART, DESIGN, ARCHITECTURE, LIBERAL ARTS AND SCIENCES, AND INFORMATION AND LIBRARY SCIENCES (GRADUATE LEVEL ONLY). (SEE CONTINUATION IN SCHEDULE O)Expenses $210,005,053 · grants $93,246,536 · revenue $302,162,048
- 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 $43,665,777
- 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 $34,966,533 · revenue $29,528,325
- 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 AND SERVICES 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 A MAJOR 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 $31,943,519 · revenue $6,010,337
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-1630822
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1935
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $822,466,310
- Income (IRS master file)
- $405,290,051
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $364,544,064 | $371,557,352 | $822,466,310 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $398,081,898 | $335,539,448 | $797,600,847 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $337,685,018 | $322,568,276 | $747,993,021 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $327,213,974 | $300,881,089 | $719,648,583 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-1630822).
Questions about PRATT INSTITUTE
- What is the EIN of PRATT INSTITUTE?
- The employer identification number (EIN) of PRATT INSTITUTE is 11-1630822.
- Is PRATT INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1935.
- Are donations to PRATT INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRATT INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRATT INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRATT INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PRATT INSTITUTE?
- The 990 for the year ended June 30, 2025 names FRANCES BRONET.
- Who are the officers and directors of PRATT INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 38 people; 16 received compensation from the organization, the highest $820,526 (FRANCES BRONET, PRESIDENT AND TRUSTEE).
- How much revenue does PRATT INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $364,544,064, expenses of $371,557,352 and total assets of $822,466,310 at year end.
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