GUSTAVUS ADOLPHUS COLLEGE Charity Report

Public IRS 990 nonprofit record

GUSTAVUS ADOLPHUS COLLEGE

EIN 41-0695524 · Education (B420)

What they do

Gustavus Adolphus College is A Church-related, Residential Liberal Arts College Firmly Rooted In Its Swedish and Lutheran Heritage. The College Offers Students of High Aspiration and Promise A Liberal Arts Education of Recognized Excellence Provided By Faculty Who Embody The Highest Standards of Teaching and Scholarship. The College Aspires to Be A Community of Persons From Diverse Backgrounds Who Respect and Affirm The Dignity of All People. It is A Community Where A Mature Understanding of The Christian Faith and Lives of Service Are Nurtured and Students Are Encouraged to Work Toward A Just and Peaceful World. The Purpose of A Gustavus Education is to Help Students Attain Their Full Potential As Persons, to Develop In Them A Capacity and Passion for Lifelong Learning, and to Prepare Them for Fulfilling Lives of Leadership and Service In Society.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.50 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 leaders42 people are listed in the latest report.

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

Money made simple

97.47%of revenue went to mission work93.5% of expenses · Program services

2.58%of revenue went to fundraising2.5% of expenses

$104.24spent for every $100 of revenueSpending was higher than revenue this year.

4.19%of revenue went to management and office costs4.0% of expenses

$3.59in assets for every $1 spent this yearSome assets cannot be spent right away.

10.5%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.

Worth asking: Expenses exceeded revenue by $6,413,641 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $438,458 for REBECCA M BERGMAN (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$151,267,734

Mission workProgram services$147,437,81597.47% of revenue93.5% of expenses

ManagementOffice and general costs$6,340,7464.19% of revenue4.0% of expenses

FundraisingAsking for donations$3,902,8142.58% of revenue2.5% of expenses

Total expenses$157,681,375104.24% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 93.5% mission · 4.0% management · 2.5% fundraisingTotal expenses: 104.24% of revenue

2023Expense mix: 93.3% mission · 4.4% management · 2.3% fundraisingTotal expenses: 105.57% of revenue

2022Expense mix: 93.0% mission · 4.6% management · 2.4% fundraisingTotal expenses: 105.36% of revenue

2021Expense mix: 93.1% mission · 4.8% management · 2.2% fundraisingTotal expenses: 86.68% of revenue

2020Expense mix: 93.8% mission · 4.0% management · 2.2% fundraisingTotal expenses: 89.43% of revenue

2019Expense mix: 93.6% mission · 3.8% management · 2.5% fundraisingTotal expenses: 99.39% of revenue

2018Expense mix: 93.6% mission · 4.0% management · 2.4% fundraisingTotal expenses: 76.23% of revenue

2017Expense mix: 93.3% mission · 4.3% management · 2.5% fundraisingTotal expenses: 79.92% of revenue

Money in and money out

Revenue$151,267,734

Expenses$157,681,375

Annual shortfall $6,413,641 Expenses were higher than revenue 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)$147,437,815 · 93.5% of expenses

Management and office costs$6,340,746 · 4.0% of expenses

Fundraising$3,902,814 · 2.5% of expenses

See all reported dollar amounts

Revenue$151,267,734

Expenses$157,681,375

Assets$565,537,437

Income$259,418,513

Contributions$15,933,885

Mission work (program services)$147,437,815

Fundraising$3,902,814

Grants given$295,271

Average grant$26,843

Management and general$6,340,746

Stocks and bonds$122,895,279

Accounting fees$119,354

Investing fees$607,135

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

REBECCA M BERGMANPRESIDENT · 50 hrs/week $438,458Base $357,904 · Other $80,554

BRENDA S KELLYPROVOST AND DEAN OF THE COLLEGE · 50 hrs/week $272,269Base $204,557 · Other $67,712

CURTIS J KOWALESKICFO VICE PRESIDENT OF FINANCE AND TREASURER · 50 hrs/week $232,487Base $195,392 · Other $37,095

THOMAS W YOUNGVICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT · 50 hrs/week $224,635Base $176,558 · Other $48,077

STANLEY J SHETKAFACULTY · 50 hrs/week $219,463Base $205,568 · Other $13,895

MARK J BRAUNFACULTY · 50 hrs/week $201,219Base $164,427 · Other $36,792

KIM FRISCHVICE PRESIDENT FOR ENROLLMENT MANAGEMENT · 50 hrs/week $194,078Base $178,077 · Other $16,001

TIMOTHY R KENNEDYVICE PRESIDENT FOR MARKETING · 50 hrs/week $168,713Base $154,097 · Other $14,616

NICOLE M LAVOIDIRECTOR · 2 hrs/week $2,500

TANE T DANGERDIRECTOR · 2 hrs/week $2,000

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 (42)

REBECCA M BERGMANPRESIDENT

BRENDA S KELLYPROVOST AND DEAN OF THE COLLEGE

CURTIS J KOWALESKICFO VICE PRESIDENT OF FINANCE AND TREASURER

THOMAS W YOUNGVICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT

STANLEY J SHETKAFACULTY

MARK J BRAUNFACULTY

KIM FRISCHVICE PRESIDENT FOR ENROLLMENT MANAGEMENT

TIMOTHY R KENNEDYVICE PRESIDENT FOR MARKETING

NICOLE M LAVOIDIRECTOR

TANE T DANGERDIRECTOR

SARAH E CUTHILLDIRECTOR

ROBERT D BROWN JRDIRECTOR

ROBERT C SCHNELLDIRECTOR

SUZANNE F BODADIRECTOR

PETER C JOHNSONDIRECTOR

NATHAN P ANNISDIRECTOR

MICHAEL D BUSSEYDIRECTOR

MARY DEE J HICKSDIRECTOR

MARK W BERGMANDIRECTOR

MARCIA L PAGEDIRECTOR/CHAIR

KEITH N JACKSONDIRECTOR/VICE CHAIR

KENT V STONEDIRECTOR

ERIC H HEDLUNDDIRECTOR

AMANDA J SIMONSDIRECTOR

BRADLEY S NUSSDIRECTOR/VICE CHAIR

CATHERINE L ASTADIRECTOR

CHARLES M KELLEYDIRECTOR

CHRIS ENSTADDIRECTOR

DANIEL G CURRELLDIRECTOR

DAVID J LOSEDIRECTOR

DEE PEDERSONDIRECTOR

EDWARD J DRENTTELDIRECTOR

KELSEY K ACKMANNDIRECTOR

GOREN LITHELLDIRECTOR

HEATHER T WIGDAHLDIRECTOR

JANETTE F CONCEPCIONDIRECTOR

JEFFREY C ANDERSONDIRECTOR

JOHN M HARRISDIRECTOR

JOHN S HIMLEDIRECTOR

KARA K BUCKNERDIRECTOR

KARL D SELFDIRECTOR/VICE CHAIR

ALICIA A HILDINGDIRECTOR

About this charity

Recognized since: January 1935
Location: 800 West College Avenue, Saint Peter, MN 56082
County: Nicollet
In care of: John C Volin
Primary officer: John C Volin, President

How to reach them

WebsiteVisit the charity’s website Emailweb@gustavus.edu Phone(507) 933-8000 Officer phone(507) 933-7499

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
NTEE classification: Education (B420)
Grant-giving organization: Yes