BANK STREET COLLEGE OF EDUCATION Charity Report

Public IRS 990 nonprofit record

BANK STREET COLLEGE OF EDUCATION

EIN 13-5562167 · Education (B500)

What they do

The Mission of Bank Street College is to Improve The Education of Children and Their Teachers By Applying to The Education Process All Available Knowledge About Learning and Growth and By Connecting Teaching and Learning Meaningfully to The Outside World. In So Doing, We Seek to Strengthen Not Only Individuals, But The Community As Well, Including Family, School, and The Larger Society In Which Adults and Children, In All Their Diversity, Interact and Learn. We See In Education The Opportunity to Build A Better Society.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders50 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.44%of revenue went to mission work82.6% of expenses · Program services

2.98%of revenue went to fundraising3.0% of expenses

$101.03spent for every $100 of revenueSpending was higher than revenue this year.

14.61%of revenue went to management and office costs14.5% of expenses

$1.10in assets for every $1 spent this yearSome assets cannot be spent right away.

27.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $932,984 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $907,983 for SHAEL POLAKOW- SURANSKY (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$90,806,344

Mission workProgram services$75,764,68183.44% of revenue82.6% of expenses

ManagementOffice and general costs$13,266,85214.61% of revenue14.5% of expenses

FundraisingAsking for donations$2,707,7952.98% of revenue3.0% of expenses

Total expenses$91,739,328101.03% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.6% mission · 14.5% management · 3.0% fundraisingTotal expenses: 101.03% of revenue

2023Expense mix: 81.6% mission · 15.1% management · 3.3% fundraisingTotal expenses: 92.60% of revenue

2021Expense mix: 82.6% mission · 14.0% management · 3.4% fundraisingTotal expenses: 113.15% of revenue

2020Expense mix: 76.3% mission · 20.3% management · 3.4% fundraisingTotal expenses: 96.50% of revenue

2019Expense mix: 73.2% mission · 23.9% management · 2.9% fundraisingTotal expenses: 106.76% of revenue

2018Expense mix: 74.3% mission · 23.4% management · 2.3% fundraisingTotal expenses: 98.15% of revenue

2017Expense mix: 74.0% mission · 23.2% management · 2.7% fundraisingTotal expenses: 98.16% of revenue

2016Expense mix: 73.6% mission · 23.9% management · 2.5% fundraisingTotal expenses: 98.51% of revenue

Money in and money out

Revenue$90,806,344

Expenses$91,739,328

Annual shortfall $932,984 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$75,764,681 · 82.6% of expenses

Management and office costs$13,266,852 · 14.5% of expenses

Fundraising$2,707,795 · 3.0% of expenses

See all reported dollar amounts

Revenue$90,806,344

Expenses$91,739,328

Assets$100,920,076

Income$101,812,762

Contributions$24,813,428

Mission work (program services)$75,764,681

Fundraising$2,707,795

Grants given$3,973,506

Average grant$94,607

Management and general$13,266,852

Stocks and bonds$47,254,481

Accounting fees$169,300

Investing fees$90,806

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SHAEL POLAKOW- SURANSKYPRESIDENT · 35 hrs/week $907,983Base $650,393 · Other $257,590

DOUGLAS KNECHTDEAN, SCHOOL FOR CHILDREN (END 6/30/25) · 35 hrs/week $474,718Base $390,811 · Other $83,907

APARNA MURALIDHARANCHIEF OPERATING OFFICER · 35 hrs/week $363,359Base $290,936 · Other $72,423

TRACY FRAY- OLIVERVP, BANK STREET EDUCATION CENTER · 35 hrs/week $313,337Base $265,711 · Other $47,626

JUSTIN TYACKSENIOR ADVISOR (END 8/9/24) · 35 hrs/week $290,934Base $265,539 · Other $25,395

MARCELA HAHNVP, DEVELOPMENT · 35 hrs/week $270,719Base $253,180 · Other $17,539

AMY WELLSCHIEF RESEARCH OFFICER · 35 hrs/week $269,361Base $240,472 · Other $28,889

KATHERINE CONNELLYVP, PLANNING & COMMUNICATIONS · 35 hrs/week $235,907Base $210,765 · Other $25,142

EMILY LINSAYLOWER SCHOOL & MIDDLE SCHOOL DIVISION HEAD · 35 hrs/week $224,322Base $170,569 · Other $53,753

JUDITH JOHNSONCHIEF INFORMATION OFFICER · 35 hrs/week $219,972Base $177,298 · Other $42,674

ELYSE MATTHEWSCHIEF HUMAN RESOURCES OFFICER · 35 hrs/week $207,355Base $168,189 · Other $39,166

SULEYNI ABREUDEPUTY CHIEF OPERATING OFFICER · 35 hrs/week $201,250Base $187,997 · Other $13,253

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (50)

SHAEL POLAKOW- SURANSKYPRESIDENT

DOUGLAS KNECHTDEAN, SCHOOL FOR CHILDREN (END 6/30/25)

APARNA MURALIDHARANCHIEF OPERATING OFFICER

TRACY FRAY- OLIVERVP, BANK STREET EDUCATION CENTER

JUSTIN TYACKSENIOR ADVISOR (END 8/9/24)

MARCELA HAHNVP, DEVELOPMENT

AMY WELLSCHIEF RESEARCH OFFICER

KATHERINE CONNELLYVP, PLANNING & COMMUNICATIONS

EMILY LINSAYLOWER SCHOOL & MIDDLE SCHOOL DIVISION HEAD

JUDITH JOHNSONCHIEF INFORMATION OFFICER

ELYSE MATTHEWSCHIEF HUMAN RESOURCES OFFICER

SULEYNI ABREUDEPUTY CHIEF OPERATING OFFICER

CAROLINA GONZALEZCHIEF OF STAFF & SEN. RESEARCH ASSOCIATE

JESSICA CHARLESASSOCIATE DEAN, GRAD SCHOOL (END 6/30/25)

MARK NAGASAWATRUSTEE

LISA LEWINTRUSTEE & SECRETARY

MELLE POWERSTRUSTEE

MARIANNA MCCALLTRUSTEE

MARGARET HONEYTRUSTEE

YOLANDA FERRELL- BROWNTRUSTEE

NANCIE COOPERTRUSTEE

PAUL ELLISTRUSTEE (END 01/2025)

REBECCA MAITRUSTEE

RUSSELL GRANETTRUSTEE

SARA KLIGERTRUSTEE

SEAN DECATURTRUSTEE

SHILLA KIM- PARKERTRUSTEE

VICTORIA HAMILTONTRUSTEE & CHAIR

WENDY VAN AMSONTRUSTEE

ADAM LITKETRUSTEE

FARHAD ASGHARTRUSTEE (START 07/2024)

ALEXIS ARMISTEADTRUSTEE

ANNE V SHUTKINTRUSTEE

ANTHONY ASNESTRUSTEE

BARBARA SCHATZTRUSTEE

CARLOS VELAZQUEZTRUSTEE

CHARLES R BENDITTRUSTEE

CHRISTOPHER KELLENTRUSTEE

DAVID OFFENSENDTRUSTEE

DEBBIE ZLOTOWITZTRUSTEE

KRISTIN BLACKTRUSTEE

FERN KHANTRUSTEE

HOWARD S STEINTRUSTEE & TREASURER

JAY CHAKRAPANITRUSTEE

JEFFREY I SUSSMANTRUSTEE & VICE CHAIR

JEFFREY Q SMITHTRUSTEE

JODY FELDMANTRUSTEE (START 07/2024)

JONATHAN COLETRUSTEE

KENNETH LERERTRUSTEE

KRISTEN KANETRUSTEE

About this charity

Recognized since: January 1938
Location: 610 W 112TH ST, NEW YORK, NY 10025-1898
County: New York
In care of: % ERIN FLANSBURG
Primary officer: SHAEL POLAKOW-SURANSKY, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(212) 875-4400

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Education (B500)
Grant-giving organization: Yes