RINGLING COLLEGE OF ART AND DESIGN INC Charity Report

Public IRS 990 nonprofit record

RINGLING COLLEGE OF ART AND DESIGN INC

EIN 59-0637903 · Education (B420)

What they do

RINGLING COLLEGE of ART and DESIGN is A SMALL, PRIVATE COLLEGE OFFERING PROGRAMS LEADING to DEGREES THAT PREPARE STUDENTS to BE DISCERNING VISUAL THINKERS and ETHICAL PRACTITIONERS IN THEIR CHOSEN AREA of ART and DESIGN. RINGLINGS CURRICULUM BALANCES THE TEACHING of TECHNICAL KNOWLEDGE and SKILLS WITH THE DEVELOPMENT of CRITICAL, CONCEPTUAL, and CREATIVE ABILITIES and SUPPORTS COURSES THAT PROVIDE HISTORICAL, MULTICULTURAL, GLOBAL, and FUTURE PERSPECTIVES. IN ADDITION to ITS DEGREE PROGRAM, RINGLING COLLEGE OFFERS COURSES, LECTURES, EXHIBITIONS, and OTHER ART-RELATED SERVICES to THE LOCAL and REGIONAL COMMUNITY THROUGH ITS GALLERY, LIBRARY, CONTINUING EDUCATION, and COMMUNITY SERVICE PROGRAMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.10 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 leaders49 people are listed in the latest report.

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

Money made simple

81.94%of revenue went to mission work87.1% of expenses · Program services

1.61%of revenue went to fundraising1.7% of expenses

$94.09spent for every $100 of revenueRevenue covered expenses this year.

10.54%of revenue went to management and office costs11.2% of expenses

$3.27in assets for every $1 spent this yearSome assets cannot be spent right away.

14.2%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.

Pay context: The highest compensation shown in this filing is $715,027 for DR LARRY THOMPSON (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$139,210,850

Mission workProgram services$114,072,70181.94% of revenue87.1% of expenses

ManagementOffice and general costs$14,667,44710.54% of revenue11.2% of expenses

FundraisingAsking for donations$2,247,8051.61% of revenue1.7% of expenses

Revenue left after expensesReported annual surplus$8,222,8975.91% of revenueShown in gray on the chart

Total expenses$130,987,95394.09% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 87.1% mission · 11.2% management · 1.7% fundraisingTotal expenses: 94.09% of revenue

2023Expense mix: 87.4% mission · 10.3% management · 2.3% fundraisingTotal expenses: 91.51% of revenue

2022Expense mix: 88.5% mission · 9.2% management · 2.3% fundraisingTotal expenses: 96.53% of revenue

2021Expense mix: 87.5% mission · 10.3% management · 2.2% fundraisingTotal expenses: 90.56% of revenue

2020Expense mix: 90.1% mission · 7.6% management · 2.3% fundraisingTotal expenses: 96.02% of revenue

2019Expense mix: 87.7% mission · 9.6% management · 2.7% fundraisingTotal expenses: 87.35% of revenue

2018Expense mix: 89.0% mission · 7.9% management · 3.1% fundraisingTotal expenses: 85.94% of revenue

2017Expense mix: 89.1% mission · 8.4% management · 2.5% fundraisingTotal expenses: 85.67% of revenue

Money in and money out

Revenue$139,210,850

Expenses$130,987,953

Annual surplus $8,222,897 Revenue was higher than expenses 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)$114,072,701 · 87.1% of expenses

Management and office costs$14,667,447 · 11.2% of expenses

Fundraising$2,247,805 · 1.7% of expenses

See all reported dollar amounts

Revenue$139,210,850

Expenses$130,987,953

Assets$428,492,535

Income$145,555,865

Contributions$19,789,022

Mission work (program services)$114,072,701

Fundraising$2,247,805

Grants given$350,715

Average grant$13,489

Management and general$14,667,447

Stocks and bonds$79,295,020

Accounting fees$169,800

Investing fees$195,854

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

DR LARRY THOMPSONPRESIDENT · 40 hrs/week $715,027Base $678,299 · Other $36,728

DR TRACY WAGNEREXECUTIVE VICE PRESIDENT · 40 hrs/week $370,713Base $330,595 · Other $40,118

DR TIFFANY HOLMESVP ACADEMIC AFFAIRS · 40 hrs/week $310,024Base $288,121 · Other $21,903

JENNIFER PRICEVP FINANCE & ADMIN · 40 hrs/week $244,580Base $217,037 · Other $27,543

SARA ROBINSONVP FOR ADVANCEMENT · 40 hrs/week $238,511Base $217,149 · Other $21,362

ASHLEY BURTVP AND CHIEF DIGITAL INFO OFFICER · 40 hrs/week $231,865Base $203,333 · Other $28,532

JEFFREY SCHWARTZAVP ACADEMIC AFFAIRS/DEAN OF UNDERGRAD · 40 hrs/week $228,836Base $187,249 · Other $41,587

VIRGINIA SHEAREREXEC. DIR. SARASOTA ART MUSEUM · 40 hrs/week $225,632Base $189,767 · Other $35,865

DR TAMMY WALSHSVP STUDENT LIFE/DEAN OF STUDENTS · 40 hrs/week $222,919Base $200,640 · Other $22,279

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 (49)

DR LARRY THOMPSONPRESIDENT

DR TRACY WAGNEREXECUTIVE VICE PRESIDENT

DR TIFFANY HOLMESVP ACADEMIC AFFAIRS

JENNIFER PRICEVP FINANCE & ADMIN

SARA ROBINSONVP FOR ADVANCEMENT

ASHLEY BURTVP AND CHIEF DIGITAL INFO OFFICER

JEFFREY SCHWARTZAVP ACADEMIC AFFAIRS/DEAN OF UNDERGRAD

VIRGINIA SHEAREREXEC. DIR. SARASOTA ART MUSEUM

DR TAMMY WALSHSVP STUDENT LIFE/DEAN OF STUDENTS

RAY DILLMANTRUSTEE

ROSEMARY OBERNDORFTRUSTEE

RAVINDRANATH AKHOURYTRUSTEE

RAJESH SOINTRUSTEE

PING FAULHABERTRUSTEE

NANCY MARKLETRUSTEE

MICHELLE HOOPERTRUSTEE

MICHAEL WILLIAMS-JONESTRUSTEE

MICHAEL KLEINTRUSTEE

REV LIZ WALKERTRUSTEE

RICHARD RIVERATRUSTEE

ROBERT BARTNERTRUSTEE

KARL NEWKIRKTRUSTEE

SAMUEL SAMELSONTRUSTEE

SAMUEL SCOTT IIITRUSTEE

STEVE HUTCHINSONTRUSTEE

TERI HANSENTREASURER

WILIAM KAHANETRUSTEE

WILLIE STANFIELDSECRETARY

GERRY BILLERTRUSTEE (11/6/2024-5/31/2025)

AMY KASLOWTRUSTEE

BARBARA BASCHTRUSTEE

CJ CALLINSTRUSTEE

DALE STROHLTRUSTEE

DR ALEX BEAVERS JRTRUSTEE

DR JOEL MORGANROTHCHAIR

ELAINE CROUSETRUSTEE

ELEANOR MAXHEIMTRUSTEE

FLORA MAJORTRUSTEE

FRANK MARTUCCITRUSTEE

MAURICE CUNNIFFETRUSTEE

JACKIE TILTONTRUSTEE

JANET SCHMIDTTRUSTEE

JEFF RYDERTRUSTEE (11/6/2024-5/31/2025)

JONATHAN MITCHELLTRUSTEE

JULIE HARRISTRUSTEE

ALI BAHAJVICE-CHAIR

LARRY GARBERDINGTRUSTEE

MARY ANN MEYERTRUSTEE

MATT PRICETRUSTEE

About this charity

Recognized since: January 1938
Location: 2700 N TAMIAMI TRL, SARASOTA, FL 34234-5812
County: Sarasota
In care of: LARRY R THOMPSON
Primary officer: LARRY R THOMPSON, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailadmissions@ringling.edu Phone(941) 351-5100 Officer phone(941) 359-7514

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: CHERRY BEKAERT ADVISORY LLC
NTEE classification: Education (B420)
Grant-giving organization: Yes