HILLSDALE COLLEGE Charity Report

Public IRS 990 nonprofit record

HILLSDALE COLLEGE

EIN 38-1374230 · Education (B420)

What they do

HILLSDALE COLLEGE is A PRIVATE LIBERAL ARTS COLLEGE WITH APPROXIMATELY 1,500 STUDENTS. FOUNDED IN 1844, THE COLLEGE REMAINS, IN THE WORDS of ITS ARTICLES of ASSOCIATION, "GRATEFUL to GOD for THE INESTIMABLE BLESSINGS RESULTING FROM THE PREVALENCE of CIVIL and RELIGIOUS LIBERTY and INTELLIGENT PIETY" IN OUR NATION, and DEDICATED to "THE DIFFUSION of SOUND LEARNING" THAT is "ESSENTIAL to THE PERPETUITY of THESE BLESSINGS."

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $60.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders48 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

41.46%of revenue went to mission work60.0% of expenses · Program services

18.99%of revenue went to fundraising27.5% of expenses

$69.09spent for every $100 of revenueRevenue covered expenses this year.

8.65%of revenue went to management and office costs12.5% of expenses

$7.74in assets for every $1 spent this yearSome assets cannot be spent right away.

70.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,325,414 for LARRY P ARNN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$423,688,130

Mission workProgram services$175,649,48441.46% of revenue60.0% of expenses

ManagementOffice and general costs$36,643,0448.65% of revenue12.5% of expenses

FundraisingAsking for donations$80,442,62718.99% of revenue27.5% of expenses

Revenue left after expensesReported annual surplus$130,952,97530.91% of revenueShown in gray on the chart

Total expenses$292,735,15569.09% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 60.0% mission · 12.5% management · 27.5% fundraisingTotal expenses: 69.09% of revenue

2023Expense mix: 59.4% mission · 10.9% management · 29.7% fundraisingTotal expenses: 68.68% of revenue

2022Expense mix: 61.5% mission · 10.8% management · 27.6% fundraisingTotal expenses: 77.47% of revenue

2021Expense mix: 65.6% mission · 9.6% management · 24.9% fundraisingTotal expenses: 58.51% of revenue

2020Expense mix: 64.6% mission · 11.6% management · 23.8% fundraisingTotal expenses: 52.11% of revenue

2019Expense mix: 67.7% mission · 12.2% management · 20.1% fundraisingTotal expenses: 60.12% of revenue

2018Expense mix: 65.7% mission · 13.3% management · 21.0% fundraisingTotal expenses: 78.91% of revenue

2017Expense mix: 69.1% mission · 11.9% management · 19.1% fundraisingTotal expenses: 69.29% of revenue

Money in and money out

Revenue$423,688,130

Expenses$292,735,155

Annual surplus $130,952,975 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$175,649,484 · 60.0% of expenses

Management and office costs$36,643,044 · 12.5% of expenses

Fundraising$80,442,627 · 27.5% of expenses

See all reported dollar amounts

Revenue$423,688,130

Expenses$292,735,155

Assets$2,265,227,618

Income$430,870,957

Contributions$297,205,968

Mission work (program services)$175,649,484

Fundraising$80,442,627

Grants given$4,219,675

Average grant$47,951

Management and general$36,643,044

Stocks and bonds$442,139,066

Investing fees$46,064

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LARRY P ARNNPRESIDENT · 40 hrs/week $1,325,414Base $1,226,266 · Other $99,148

JOHN CERVINIEVP FOR INST. ADVANCEMENT · 40 hrs/week $617,108Base $550,844 · Other $66,264

ROBERT NORTONVP & GENERAL COUNSEL · 40 hrs/week $454,620Base $389,870 · Other $64,750

DOUG BANBURYVP FOR ADMISSIONS & BUS DEVELOPMENT · 40 hrs/week $403,837Base $341,943 · Other $61,894

MATTHEW SPALDINGVP FOR DC OPS & DEAN OF VASOG · 40 hrs/week $401,886Base $333,787 · Other $68,099

BILL GRAYVP FOR INST. ADVANCEMENT · 40 hrs/week $399,447Base $340,811 · Other $58,636

CHRISTOPHER VAN ORMANPROVOST · 40 hrs/week $373,429Base $325,502 · Other $47,927

RICHARD P PEWEVP OF ADMIN. AFFAIRS & SECRETARY · 40 hrs/week $364,976Base $300,477 · Other $64,499

DAVID WHALENASSOCIATE VP FOR CURRICULUM · 40 hrs/week $328,519Base $269,065 · Other $59,454

MATT SCHLIENTZASSOCIATE VP OF PROGRAMS · 40 hrs/week $327,299Base $270,041 · Other $57,258

DIANE PHILIPPVP FOR STUDENT AFFAIRS · 40 hrs/week $320,752Base $263,879 · Other $56,873

PATRICK H FLANNERYVP FOR FINANCE & TREASURER-PART YEAR · 40 hrs/week $307,299Base $249,650 · Other $57,649

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (48)

LARRY P ARNNPRESIDENT

JOHN CERVINIEVP FOR INST. ADVANCEMENT

ROBERT NORTONVP & GENERAL COUNSEL

DOUG BANBURYVP FOR ADMISSIONS & BUS DEVELOPMENT

MATTHEW SPALDINGVP FOR DC OPS & DEAN OF VASOG

BILL GRAYVP FOR INST. ADVANCEMENT

CHRISTOPHER VAN ORMANPROVOST

RICHARD P PEWEVP OF ADMIN. AFFAIRS & SECRETARY

DAVID WHALENASSOCIATE VP FOR CURRICULUM

MATT SCHLIENTZASSOCIATE VP OF PROGRAMS

DIANE PHILIPPVP FOR STUDENT AFFAIRS

PATRICK H FLANNERYVP FOR FINANCE & TREASURER-PART YEAR

REBEKAH A MERCERTRUSTEE

WILLIAM L FRAIMTRUSTEE

WILLIAM J BRODBECKTRUSTEE, CHAIRMAN EMERITUS

NERSI H NAZARITRUSTEE

WILLIAM A NOLAN IIITRUSTEE

PATRICK L SAJAKCHAIRMAN OF THE BOARD

R MARK HAMLIN JRTRUSTEE

WAYNE R NELSONTRUSTEE - PART YEAR

STEPHEN A VAN ANDELVICE CHAIRMAN OF THE BOARD

RICHARD E HUNTERTRUSTEE

TOBIAS W BUCKTRUSTEE

THOMAS N JORDAN JRTRUSTEE

THOMAS C SHAFERTRUSTEE

RONALD C NOLANTRUSTEE

KYRIAKOS TSAKOPOULOSTRUSTEE

RONALD D ROBSONTRUSTEE

S GUNNAR KLARRTRUSTEE

DAVID R HOUGHTRUSTEE

ALICE H HANLEYTRUSTEE

BRIAN S WESBURYTRUSTEE

BRUCE C SANBORNTRUSTEE

CHARLES S MCINTYRE IIITRUSTEE - PART YEAR

CHRIS CHOCOLATRUSTEE

CHRISTOPHER F BACHELDERTRUSTEE

CLEVES R DELPTRUSTEE

DANIEL S PETERSTRUSTEE

DAVID A DURELLTRUSTEE

NENA C MOSSTRUSTEE

DONNA R ECTONTRUSTEE

GREGORY C SCHULERTRUSTEE

JAMES J MEEKSTRUSTEE

JEFFREY H COORSTRUSTEE

JESSICA A FAUBERTTRUSTEE

JULIE R TEELTRUSTEE

KURT D GRINDSTAFFTRUSTEE

MARK L JOHNSONTRUSTEE

About this charity

Recognized since: January 1943
Location: 33 E COLLEGE STREET, HILLSDALE, MI 49242
County: Hillsdale
In care of: PAUL HATTY
Primary officer: PAUL HATTY, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(517) 437-7341 Officer phone(517) 437-2337

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PLANTE & MORAN PLLC
NTEE classification: Education (B420)
Grant-giving organization: Yes