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Charity Contact Information BBB Wise Giving Alliance Comments Programs

Tax Status Governance Fund Raising Financial

Name:	Perkins School for the Blind
Address:	175 North Beacon Street
	Watertown, MA 02472
Phone:	617-924-3434
Web Address:	www.perkins.org

Perkins School for the Blind (PSB) meets the 20 Standards for Charity Accountability.

PSB's programming and services include the preschool, lower school, secondary, and Deafblind programs, which enroll children and young adults from birth to age 22. These programs aim to maximize the strengths and potential of students in preparation for their lives. PSB's outreach programs include early intervention for infants and toddlers, courses for students who attend public school, a low vision clinic, an elders program, and parental support activities. The Perkins Training Center provides in-service teacher education. PSB's library distributes Braille and talking books to patrons. Internationally, PSB works in partnership with schools, parent organizations, universities, government representatives, and international agencies to improve educational opportunities for children who are deafblind or blind with additional disabilities.

For the fiscal year ended June 30, 2010, PSB's program expenses were:

Educational programs	35,281,098
Supporting services	15,019,966
Total Program Expenses:	$50,301,064

Chief Executive : Steven M. Rothstein, President

Compensation*:

$351,796

Chair of the Board: Frederic M. Clifford
Chair's Profession / Business Affiliation: Retired

Board Size: 20

Paid Staff Size: 750

*July 1, 2009 - June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

Direct mail, telemarketing, special events, print advertisements, grant proposals, Internet appeals, planned giving, and cause-related marketing.

Fund raising costs were 14% of related contributions. (Related contributions, which totaled $21,132,521, are donations received as a result of fund raising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on PSB's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds
Tuition	28,656,129
Realized and unrealized investment gain	19,210,909
Gifts and legacies	13,680,337
Sales of materials for the blind	7,616,655
Annual donations	4,378,206
Library services	2,432,618
Private grants	1,943,620
Other governmental revenues	1,925,182
Investment income	1,386,436
Other private revenues	948,436
Government grants	821,890
Change in value of split interest	428,728
Income from outside trusts	308,468
Total Income	$83,737,614

Uses of Funds as a % of Total Expenses

Programs: 83%  Fund Raising: 5%  Administrative: 12%

Total income				$83,737,614
	Program expenses			$50,301,064
	Fund raising expenses			3,048,456
	Administrative expenses			7,279,432
Total expenses				$60,628,952
Income in Excess of Expenses				23,108,662
Beginning net assets				231,315,820
Ending net assets				254,424,482
Total liabilities				50,305,151
Total assets				$304,729,633

Note: According to audited financial statements for the year ended June 30, 2010, PSB received $695,033 of in-kind services.