PRATT INSTITUTE

BROOKLYN, NY, 11205 (718) 636-3600 Est. 1887 EIN 11-1630822

B430 - Education 990 - Public charity return 501(c)(3)

www.pratt.edu

Mission

PRATT IS AN INSTITUTE, AN EXPERIENCE, AND AN IDEA. WHAT STARTED AS A RADICAL EXPERIMENT TO EXPAND ACCESS TO CREATIVE CAREERS IS NOW A COMMUNITY OF 5,137 GRAD AND UNDERGRAD STUDENTS WORKING ACROSS 48 PROGRAMS WITH 1,200 DEDICATED FACULTY. (CONTINUED ON SCHEDULE O).

Financials

Total Revenue

$364,544,064

Total Expenses

$371,557,352

Net Assets

$611,437,437

4,490 employees

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

19.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 8.4%

Expenses ↑ 10.7%

Revenue Sources

Contributions 3.1% Earned revenue 92.6% Investment 3.4% Other 1.0%

Expense Breakdown

Program 86.3% Management 12.7% Fundraising 1.0%

Officers & Key Employees (38)

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Grants Received (266)

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Filing History (8 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$364,544,064 ↓	$371,557,352	$611,437,437
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$398,081,898 ↑	$335,539,448	$588,583,386
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$337,685,018 ↑	$322,568,276	$544,677,599
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$327,213,974 ↑	$300,881,089	$516,019,936
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$241,236,103 ↓	$246,568,890	$544,029,627
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$285,423,262 ↓	$278,924,366	$437,823,905
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$296,432,262 ↑	$270,527,701	$410,625,388
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$271,536,991	$256,346,094	$390,693,106