Overview
What is The Cooper Union For The Advancement Of Science & Art?
The Cooper Union for the Advancement of Science and Art, based in New York City, is a prestigious nonprofit institution with a rich history. It is home to three professional schools: Architecture, Art, and Engineering, as well as a Faculty of Humanities and Social Sciences. The college is renowned for admitting undergraduate students based solely on merit and historically granting them full-tuition scholarships. Although there was a reduction in scholarships in 2014 due to financial reasons, a plan is in place to resume this practice. With a student body of 962 (886 undergraduates and 76 graduates), The Cooper Union fosters close relationships with a distinguished faculty and encourages rigorous, humanistic learning through the processes of design and the urban setting. The institution's mission aligns with the radical commitment to diversity and fair access to a free education, inspiring creative and influential voices in architecture, art, and engineering to tackle the challenges and opportunities of the present day.
Official website here: www.cooper.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Stars .ating.
The Cooper Union for the Advancement of Science & Art has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in various metrics, including board independence and financial oversight, the organization demonstrates a commitment to transparency and sound financial management. This rating signifies that supporters can trust the organization to utilize its resources effectively.
User reviews highlight a mix of experiences with the nonprofit. On one hand, some donors appreciate the recent structural changes aimed at providing free education to all students, indicating a positive direction for the organization. On the other hand, there are concerns from former clients regarding board decisions that have led to rising costs and financial losses, creating a stark contrast in sentiment among different stakeholders.
Overall, while The Cooper Union has a strong financial and governance rating, the contrasting user feedback suggests ongoing challenges in its operational decisions that may impact its mission in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Cooper Union For The Advancement Of Science & Art legitimate?
The Cooper Union For The Advancement Of Science & Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cooper Union For The Advancement Of Science & Art submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,257,674
Professional Fundraising Fees: $330,000
Other Salaries and Wages: $29,848,276
For more financial information, click here
Official website here: www.cooper.edu
What is the mission statement of The Cooper Union For The Advancement Of Science & Art?
The Cooper Union for the Advancement of Science and Art is a renowned institution dedicated to offering degrees in engineering, architecture, and fine arts. It upholds a vision inspired by its founder, Peter Cooper, who was committed to diversity and the belief that accessible, free education fosters a just and thriving world. The Cooper Union's mission revolves around maintaining its status as a beacon of learning and public discourse, inspiring innovative, creative, and influential voices in architecture, art, and engineering to tackle the pressing challenges and opportunities of the present time.
Official website here: www.cooper.edu
What is the revenue of The Cooper Union For The Advancement Of Science & Art?
The Cooper Union For The Advancement Of Science & Art's revenue in 2023 was $147,251,165.
Official website here: www.cooper.edu
Who are the executives of The Cooper Union For The Advancement Of Science & Art and what are their salaries?
The average compensation at The Cooper Union For The Advancement Of Science & Art during 2023 was $31,440. There are 1053 employees and 100 volunteers at The Cooper Union For The Advancement Of Science & Art.
Here are 38 key members and their salaries:
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Official website here: www.cooper.edu
Where can I find the form 990 for The Cooper Union For The Advancement Of Science & Art?
The Cooper Union For The Advancement Of Science & Art's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cooper.edu
Learn more at the official website: www.cooper.edu
Mission Statement of The Cooper Union For The Advancement Of Science & Art
The Cooper Union for the Advancement of Science and Art, a renowned all-honors college, is renowned for offering degrees in Engineering, Architecture, and Fine Arts. Founded with a radical commitment to diversity, this esteemed institution echoes Peter Cooper's vision of providing fair access to inspiring education and open forums for courageous public discourse.
In the pursuit of fostering a just and thriving world, The Cooper Union's mission is twofold. First, it strives to maintain the college as a free center of learning, where innovative, creative, and influential voices in architecture, art, and engineering can emerge. These future leaders are encouraged to tackle the critical challenges and opportunities of the present day. Second, The Cooper Union nurtures a community that values open dialogue and fosters an environment that encourages the exchange of ideas. This commitment to education and discourse reflects Peter Cooper's enduring legacy and continues to inspire generations of thought leaders.
By offering a rigorous academic program and fostering a vibrant community of learners, The Cooper Union for the Advancement of Science and Art empowers students to make a positive impact on the world. Through its dedication to accessibility and its unwavering commitment to fostering intellectual curiosity and courage, this esteemed institution continues to shape the future of its disciplines and contribute to a more just and equitable society.
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Impact
October, 2024
The Cooper Union for the Advancement of Science and Art has made a significant impact on higher education by embodying a commitment to accessibility and excellence in the fields of engineering, architecture, and fine arts. Founded on the principle of providing a free, high-quality education, Cooper Union has historically awarded full-tuition scholarships to all its students, ensuring that financial barriers do not prevent talented individuals from pursuing their passions and contributions to society.
As one of the United States' oldest and most distinguished institutions, Cooper Union fosters a unique academic environment that blends rigorous, humanistic education with practical design processes. This approach is enhanced by its urban New York City setting, which serves as a dynamic backdrop for exploration and innovation. The institution prides itself on admitting students solely based on merit, further promoting diversity and inclusion within its community.
With a strong emphasis on mentorship and close contact with a distinguished faculty, Cooper Union cultivates creative and influential voices among its students. This dedication to nurturing talent not only prepares graduates for successful careers but also empowers them to tackle critical challenges and opportunities facing society today. As Cooper Union continues to navigate the complexities of funding while upholding its mission, it remains a beacon of hope for prospective students seeking transformative educational experiences.
This information is meant to be a general summary of The Cooper Union For The Advancement Of Science & Art. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $60,887,937
- Program Service Revenue: $48,359,661
- Gross Receipts: $340,491,873
Assets and Liabilities:
- Total Assets: $1,179,884,614
- Total Liabilities: $348,787,956
- Net Assets: $831,096,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & STUDENT FEES
Revenue
$45,870,084
AUXILIARY INCOME
Revenue
$2,489,577
Organization Details
Founding Year
1859
Principal Officer
Laura Sparks
Website
www.cooper.eduNTEE Category
Code: B420 - Education
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