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Pratt Institute

Public charityFed auditsIRS 990990-T FY2023
DBA: % THOMAS NAWABI
Other · BROOKLYN, NY · EIN 11-1630822

About

Instruction: the center for continuing and professional studies provides high-quality credit and NON-credit courses and programs to the NON-traditional student in a variety of subjects for educational advancement, career change, and enrichment. The center also offers a precollege program which provides high school students with rigorous college level art, design and creative thinking courses, modeled after the institute's undergraduate offerings. The study abroad program provides students with the opportunity to study in more than a dozen locations including ROME, florence, milan, copenhagen, london and tokyo. Pratt also offers two full-time english as a second language (ESL) programs for international students that focus on the language of art, design and architecture. Official enrollment for the fall 23 semester was 4,995 (3,586 undergraduates and 1,409 graduate students).

In care of Thomas Nawabi

Donations are tax-deductible
Category
Other
Employees
4,298
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$337.7M
Expenses
$322.6M
Assets
$748.0M
Liabilities
$203.3M

Financial history

$337.7M$168.8M$0
1617181920212223
RevenueExpenses
Latest FY2023: $337.7M · Avg: $288.3M

Foreign activity (Schedule F)

Total spent abroad$22.9M
Foreign employees3
Foreign offices1
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
EUROPE
CENTRAL AMERICA AND THE CARIBBEAN

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$190K
Grants Given
$84.1M
PRATT INSTITUTE
Your actions

Address

200 Willoughby AVE
Brooklyn, NY, 11205-381

Governance

Voting board members22
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %62.3%
Permanent endowment %24.9%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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