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PRATT INSTITUTE

BROOKLYN, NY · EIN 111630822 · Form 990 · FY2024 · NTEE B430 · Education · Very Large (>$50M) · pratt.edu
revenue
$364.5M
expenses
$371.6M
net assets
$611.4M
employees
4,490
program ratio
86%
mission · from form 990

PRATT INSTITUTE EDUCATES ARTISTS AND CREATIVE PROFESSIONALS WHO SHAPE THE WORLD WE LIVE IN.

profile · synthesized from sources

Pratt Institute is a private college in Brooklyn, New York, dedicated to educating artists and creative professionals through undergraduate and graduate programs in art, design, architecture, and planning. The institute provides academic instruction, financial aid, and student support services, including housing and meal programs. It serves a primarily student population through its campuses in Brooklyn and Utica, NY.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $43.67M
    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)
  2. #2 $34.97M
    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.
named programs · 4 · from sources

What they call their work

Academic Support
Provides financial aid in the form of scholarships to over 80% of students and supports academic success through services like the Writing and Tutorial Center, Intensive English Program, and library resources.
Auxiliary Enterprises
Manages student housing, meal programs, and athletic center activities to support student life and learning outside the classroom.
School of Architecture
Offers undergraduate and graduate programs in architecture, urban planning, historic preservation, and sustainable environmental systems.
School of Art
Provides degree programs in fine arts, digital arts, animation, game design, illustration, art therapy, and arts management.
activities · 11 groups

What they do

  • Admissions and Enrollment Support Services 2 activities
    • Administer student enrollment and academic records management
      Conducts new student orientation programs across Brooklyn and Manhattan campuses, including program-specific orientations for MFA Fashion Collection and Communication and History of Art and Design students. Provides information sessions for prospective students, manages registration, course enrollment, grade reporting, graduation, and course scheduling, and issues academic transcripts and enrollment verifications.
    • Provide campus tours for prospective students and visitors
      Offers campus tours at the Brooklyn location for prospective students and visitors.
  • Organizational DEI Capacity Building 1 activity
    • Advance diversity, equity, and inclusion initiatives
      Implements programs, practices, and policies to advance diversity, equity, and inclusion in collaboration with students, faculty, staff, alumni, and the external community. Communicates updates through a monthly newsletter and Instagram.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Award scholarships to enrolled students
      Provides financial support in the form of scholarships to over 80% of enrolled students.
  • Historic Site Public Programming 1 activity
    • Conduct research and spatial analysis for public exhibitions
      Conducted spatial data analysis and created nearly 100 maps for the Museum of the City of New York's "New York at Its Core" exhibition.
  • Higher Education Degree Programs 1 activity
    • Deliver academic programs and student support services
      Educates 5,114 graduate and undergraduate students across 58 academic programs with support from 1,222 faculty members. Provides academic support through the Writing and Tutorial Center, Intensive English Program, and Writing Across the Curriculum initiatives.
  • Community-Engaged Public Art Projects 1 activity
    • Host public events and exhibitions showcasing student and alumni work
      Hosts book launch events such as for Table Issue 1, transforms vacant storefront windows along 14th Street into public exhibitions of student work, provides a public transit art tour map highlighting artworks by Pratt-affiliated artists in MTA stations, and features student and alumni work in public installations such as a billboard in Times Square. Facilitates alum engagement events, including visits to professional firms like Adjaye Associates.
  • Community Art Education Workshops 1 activity
    • Offer pre-college and youth education programs
      Runs long-standing programs providing art classes for children and teens aged 6–18, studio-based classes for high school students in grades 9–12, and a two-week summer intensive for grades 7–12 featuring portfolio preparation. Offers a need-based, three-year scholarship program with art and design instruction and college preparation for motivated high school students in grades 10–12. Delivers after-school, in-school, and school-break STEAM programming, internships, tutoring, SAT prep, and college counseling at the main campus, partner schools, and Brooklyn Navy Yard makerspace.
  • Public Access to Digital and Physical Library Collections 1 activity
    • Operate libraries and resource centers for creative learning
      Operates libraries that provide access to a resource-rich environment supporting critical thinking and creative learning.
  • Student Housing and Residential Services 1 activity
    • Provide campus housing, dining, and recreational facilities
      Manages multiple residence halls and student meal programs, and operates athletic center activities for students, faculty, and staff. Administers a housing program designed to foster student self-understanding, community responsibility, and experiential learning.
  • Website Accessibility Implementation 1 activity
    • Support accessibility and accommodations for people with disabilities
      Provides reasonable accommodations for students, faculty, staff, and visitors with disabilities in compliance with federal and state law. Operates the Learning/Access Center to support students with disabilities in accessing classrooms, housing, and campus programs, and offers accommodations for faculty and staff through Human Resources. Retains an accessibility consultant to maintain compliance with Web Content Accessibility Guidelines 2.0 Level AA and hosts annual Accessibility Town Halls with published materials.
  • Uncategorized 1 activity
    • Maintain institutional ranking and recognition in art and design education
      Consistently ranked among the world's top 10 art and design universities by QS World University Rankings by Subject annually since 2015, ranked #5 globally and #3 in the United States in the 2026 edition.
financials · form 990 · fy2024
revenue
Total revenue$364.54M
Contributions & grants$11.39M3%
Program service revenue$337.70M93%
Investment income$12.33M3%
Other revenue$3.12M
expenses
Total expenses$371.56M
Program expenses86%
Admin / overhead13%
Fundraising1%
Salaries & benefits$184.02M
Grants paid out$93.25M
Largest expense lineCompensation
balance sheet
Total assets$822.47M
Cash$18.04M
Investments$402.91M
Liabilities$211.03M
Net assets$611.44M
Liquid reserves13.6 mo
6 years on record · 2019–2024 · YoY revenue -8.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 16
NameTitleHours/wkCompensation
FRANCES BRONET PRESIDENT AND TRUSTEE 35 $897K
CATHLEEN M KENNY VP FOR FINANCE AND ADMINISTRATION 35 $447K
DONNA HEILAND PROVOST 35 $402K
RICHARD LONGO VP FOR ENROLLMENT MANAGEMENT 35 $365K
ANITA COONEY DEAN - SCHOOL OF DESIGN 35 $347K
JOSEPH M HEMWAY VP OF IT & CIO 35 $322K
CHRISTOPHER GAVLICK CHIEF FACILITIES OFFICER 35 $317K
JAMES J KEMPSTER VP FOR COMMUNICATIONS AND MARKETING 35 $309K
QUILIAN RIANO DEAN - SCHOOL OF ARCHITECTURE 35 $308K
JORGE OLIVER DEAN - SCHOOL OF ART 35 $299K
DELMY M LENDOF VP FOR STUDENT AFFAIRS 35 $295K
STEPHANIE COOK VP FOR INSTITUTIONAL ADVANCEMENT 35 $293K
MAIRA SEARA DEAN - SCHOOL OF PROF. STUDIES 35 $292K
KIRK E PILLOW FORMER PROVOST 0 $253K
KARIN TEHVE FACULTY TRUSTEE (THRU 06/30/2025) 5 $176K
ALEX LIEBERGESELL FACULTY TRUSTEE (THRU 06/30/2025) 5 $135K
board members · 9
  • AADITHYAN MANNARMANNAN — GRAD. STUD. TRUST. (THRU 06/30/2025)
  • ANNE E EDWARDS — SECRETARY (THRU 07/24)/TRUSTEE
  • ANNE H VAN INGEN — TRUSTEE
  • BRYNN ANDERSON THRU 6302025 — RECENT GRADUATE TRUSTEE
  • COURTNEY CHANDLER — UNDER. STUD. TRUS. (THRU 06/30/2025)
  • DAVID KIM — TRUSTEE
  • DAVID O PRATT — TRUSTEE
  • DERRICK ADAMS — TRUSTEE
  • DOUG C STEINER — TRUSTEE (AS OF 07/2024)
relationships · 23

Who they work with

  • Adjaye Associates Partner — Collaborates with or supports alumni placement at Adjaye Associates, where recent graduate Catherine Chattergoon works as a Project Team Member.
  • Apple Partner — Hired alumna Yvette Yoon in a professional role prior to her current position, supported by mentorship from a Pratt professor.
  • Brooklyn Navy Yard Partner — Hosts the Research Yard facility at the Brooklyn Navy Yard location.
  • Craver Corporation Partner — Employer of alumnus Suhyeon Lee, who works there as a B2B Sales Associate.
  • Doner Partner — Hosts alumni in professional roles, such as Ananda Ray as Associate Creative Technologist.
  • EliseAI Partner — Employs alumna Yvette Yoon as Brand Designer and has featured her work publicly.
  • Frances Bronet Government — President of Pratt Institute providing leadership and governance.
  • Human Resources Partner — Collaborates with faculty and staff to provide workplace accommodations and address accessibility needs.
  • Museum of the City of New York Partner — Partnered with Pratt’s SAVI initiative to develop spatial data analyses and mapping for the "New York at Its Core" exhibition.
  • NYC DOT Art Program Partner — Commissioned Studio Elsa Ponce (led by Pratt alum) for "The Bower" installation as part of Summer Streets.
  • National Endowment for the Arts Funder — Provides financial support for Pratt's K–12 programs.
  • New York City Council Government — Supports Pratt’s K–12 programs through funding.
  • New York State Council on the Arts Government — Funds Pratt’s K–12 programs.
  • OXMAN Partner — Supports alumni career development through roles such as Graphic Designer and Visualizer at OXMAN, held by alumna Júlia Martinez.
  • Office of Institutional Equity & Title IX Partner — Collaborates on reporting and addressing incidents of bias, discrimination, or harassment involving students, faculty, or staff.
  • Palo Gallery Partner — Represents alumna Leda Tsoutreli as a professional artist.
  • Pratt Manhattan Center Partner — Co-hosts events and provides space for academic programming in Manhattan.
  • Quacquarelli Symonds (QS) Government — Organization that publishes the QS World University Rankings by Subject, in which Pratt is consistently ranked.
  • Storefront for Art and Architecture Partner — Commissioned Pratt faculty member Alex Strada’s multi-borough public artwork "Public Address" in collaboration with city agencies.
  • The Keith Haring Foundation Funder — Generous supporter of Pratt’s K–12 programs.
  • The Pinkerton Foundation Funder — Provides funding for Pratt’s K–12 programs.
  • The Village West Partner — Collaborates with Pratt Institute to transform vacant storefronts on 14th Street into public art exhibitions featuring student work.
  • World Wide Web Consortium Partner — Follows Web Content Accessibility Guidelines 2.0 Level AA developed by the World Wide Web Consortium to ensure digital accessibility
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Interdisciplinary Experimentation for Real-World Readiness
    methodology: interdisciplinary_laboratory_model
    By promoting interdisciplinary experimentation during education, the Institute prepares students to tackle complex, real-world challenges because exposure to diverse fields fosters integrative thinking, adaptability, and innovative problem-solving capacities essential in evolving creative industries.
  • Reciprocal Community-Engaged Teaching Model
    methodology: reciprocal_community-engaged_education
    By engaging student instructors in teaching art and design to K–12 learners through community-based curricula, the Institute creates reciprocal learning experiences because students solidify their own expertise through teaching while contributing meaningfully to external communities, fostering civic responsibility and pedagogical growth.
  • Residential Life as Experiential Education
    methodology: residential_education_model
    By integrating residential life into the educational model, the Institute uses housing as a learning-centered environment to promote personal growth, community responsibility, and experiential learning because living together cultivates sustained social engagement and informal learning that complements academic instruction.
  • Scholarship-Funded Access to Creative Education
    methodology: financial_access_model
    By using scholarship funding as a mechanism, the Institute ensures access to high-quality creative education for talented students who could not otherwise afford it because financial barriers are directly removed, enabling diversity of thought, background, and perspective within the creative community.
  • Studio-Based Learning for Creative Development
    methodology: studio_based_learning
    By using hands-on studio-based learning led by faculty and students, the Institute builds knowledge in creative disciplines and fosters creativity, innovation, problem-solving, and collaboration because experiential, practice-centered education deepens skill acquisition and collaborative fluency in ways that traditional lecture formats cannot.