Kenyon College
- Assets
- $1.0b
- Revenue
- $159.0m
- Investments
- $492.4m
- Employees
- 1,845
- Location
- Gambier, OH
- Founding
- 08/1935
- Data as of
- 06/2021
- EIN
- 31-4379507
Organization Overview
Kenyon College is located in Gambier, OH. The organization was established in 1935. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Kenyon College employed 1,845 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenyon College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Kenyon College generated $159.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $150.4m during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
KENYON COLLEGE IS A PRIVATE LIBERAL ARTS EDUCATIONAL INSTITUTION WITH APPROXIMATELY 1,700 STUDENTS AND 200 PROFESSORS. THE COLLEGE HAS 18 DEPARTMENTS AND 13 INTERDISCIPLINARY PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE OFFERS 26 MAJORS LEADING TO A BACHELOR'S DEGREE WITH A STUDENT-TO-FACULTY RATIO OF 10 TO 1. IN ADDITION, THE COLLEGE OFFERS 10 CONCENTRATIONS; PRE-PROFESSIONAL ADVISING FOR GRADUATE OR PROFESSIONAL SCHOOL IN BUSINESS, EDUCATION, ENGINEERING, LAW, AND MEDICINE; AND A NUMBER OF COOPERATIVE PROGRAMS INVOLVING OTHER INSTITUTIONS. STUDENT LIFE IS ACTIVE AND MULTIFACETED INCLUDING INTERCOLLEGIATE AND INTRAMURAL ATHLETICS, PERFORMING ARTS GROUPS, SORORITIES AND FRATERNITIES, AND EDUCATIONAL OPPORTUNITIES IN SEVERAL FOREIGN COUNTRIES. THE COLLEGE'S ON-CAMPUS ENROLLMENT IS APPROXIMATELY 1,700 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brackett B Denniston Chair | Trustee | 1 | $0 |
Joseph E Lipscomb Vice Chair | Trustee | 1 | $0 |
Judith Gilbert Secretary | Trustee | 1 | $0 |
Mike Arbour Trustee | Trustee | 1 | $0 |
Rachel R Berger Trustee | Trustee | 1 | $0 |
Susan Berger Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smoot Construction Co Of Ohio Construction | 6/29/22 | $36,085,368 |
Avi Foodsystems Inc Food Service | 6/29/22 | $6,405,692 |
Rje Columbus Ohio Inc Interior & Furniture Services | 6/29/22 | $1,657,033 |
Gund Partnership Architecture&planning | 6/29/22 | $4,268,794 |
Everly Well Inc Medical Testing | 6/29/22 | $1,457,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,946,883 |
| Investment income | $4,990,111 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$122,950 |
| Net Gain/Loss on Asset Sales | $26,372,908 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,022,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $39,968,167 |
| Grants and other assistance to Foreign Orgs/Individuals | $892,365 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,108,315 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,125,783 |
| Pension plan accruals and contributions | $3,768,208 |
| Other employee benefits | $8,041,431 |
| Payroll taxes | $3,338,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,616,018 |
| Fees for services: Accounting | $158,471 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,622,363 |
| Fees for services: Other | $2,348,332 |
| Advertising and promotion | $0 |
| Office expenses | $2,008,263 |
| Information technology | $1,581,454 |
| Royalties | $0 |
| Occupancy | $3,920,627 |
| Travel | $912,651 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,298,221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,960,729 |
| Insurance | $313,476 |
| All other expenses | $0 |
| Total functional expenses | $150,375,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,120,464 |
| Pledges and grants receivable | $25,319,561 |
| Accounts receivable, net | $5,751,633 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $867,291 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $78,748,690 |
| Investments—other securities | $492,408,195 |
| Investments—program-related | $4,139,687 |
| Intangible assets | $0 |
| Other assets | $117,110,761 |
| Total assets | $1,026,131,356 |
| Accounts payable and accrued expenses | $13,394,018 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $266,558,305 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,533,530 |
| Total liabilities | $298,485,853 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $727,645,503 |