
RHODE ISLAND SCHOOL OF DESIGN
RHODE ISLAND SCHOOL OF DESIGN
Providence, RI, US
•
501(c)(3)
•
EIN
05-0258956
•
School

RHODE ISLAND SCHOOL OF DESIGN
Providence, RI, US
•
501(c)(3)
•
EIN
05-0258956
•
School
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$730,061,257
Investments
58%
Property, Plant, & Equipment (net)
37%
Cash & Equivalents
3%
Other Assets
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$212,361,858
Tax-Exempt Bond Liabilities
85%
Other Liabilities
7%
Payables & Accruals
5%
Deferred Revenue
4%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$23,394,776
$24,126,978
+3%
Receivables (Non-Related)
$8,365,378
$4,278,989
-49%
Related-Party Receivables
-
-
-
Inventories
$1,359,764
$1,364,667
+0%
Prepaid Expenses
$2,686,284
$785,061
-71%
Investments
$396,125,517
$425,645,420
+7%
Property, Plant, & Equipment (net)
$274,976,682
$267,444,703
-3%
Other Assets
$7,204,969
$6,415,439
-11%
Total Assets
$714,113,370
$730,061,257
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$10,263,162
$10,674,523
+4%
Grants Payable
-
-
-
Deferred Revenue
$6,328,776
$8,263,111
+31%
Tax-Exempt Bond Liabilities
$187,400,139
$179,597,722
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$14,925,839
$13,826,502
-7%
Total Liabilities
$218,917,916
$212,361,858
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$135,301,212
$161,373,444
+19%
Unrestricted Net Assets
$359,894,242
$356,325,955
-1%
Net assets
2023
2024
Change
Net assets
+$495,195,454
+$517,699,399
+5%
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