Westmont College

Organization Overview

Westmont College is located in Santa Barbara, CA. The organization was established in 1941. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Westmont College employed 1,102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westmont 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 05/2022, Westmont College generated $121.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $104.5m during the year ending 05/2022. While expenses have increased by 3.9% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WESTMONT COLLEGE IS AN UNDERGRADUATE, RESIDENTIAL, CHRISTIAN, LIBERAL ARTS COMMUNITY SERVING GOD'S KINGDOM BY CULTIVATING THOUGHTFUL SCHOLARS, GRATEFUL SERVANTS AND FAITHFUL LEADERS FOR GLOBAL ENGAGEMENT WITH THE ACADEMY, CHURCH AND WORLD.

Describe the Organization's Program Activity:

INSTRUCTION. THIS PROGRAM SERVICE ENCOMPASSED A WIDE RANGE OF INSTRUCTION IN LIBERAL ARTS CURRICULUM


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
National Graphics Llc
Printing Services
$206,321
Outside Open
Network, Servers And Cyber Security
$460,753
Bkd Llp
Audit Services
$144,965
Exceltox Laboratories Llc
Lab Testing Supply And Services
$320,400
Steven Fellows
Nursing Program Consultation
$100,699
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,075,480
All other contributions, gifts, grants, and similar amounts not included above$29,033,064
Noncash contributions included in lines 1a–1f $1,901,224
Total Revenue from Contributions, Gifts, Grants & Similar$34,108,544
Total Program Service Revenue$79,065,569
Investment income $2,865,343
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,658,623
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $316,601
Miscellaneous Revenue$0
Total Revenue $121,110,665

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Westmont College has recieved totaling $23,261.

Awarding OrganizationAmount
Anonymous Trust

Raleigh, NC

PURPOSE: SCHOLARSHIP FOR DAISY FERNANDEZ

$20,761
Schneider Foundation

La Canada, CA

PURPOSE: FINANCIAL SUPPORT

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$95,147,951
Earnings-$6,938,636
Net Contributions$10,118,494
Other Expense$3,814,737
Ending Balance$94,513,072

Peer Organizations

Organization NameAssets
California Baptist University
Riverside, CA
$400,113,733
Pomona College
Claremont, CA
$235,119,844
Lewis And Clark College
Portland, OR
$240,136,903
Claremont Mckenna College
Claremont, CA
$321,560,955
Occidental College
Los Angeles, CA
$157,427,095
Art Center College Of Design
Pasadena, CA
$136,246,273
Reed Institute
Portland, OR
$135,489,826
Linfield University
Mcminnville, OR
$110,269,366
Westmont College
Santa Barbara, CA
$121,110,665
Scripps College
Claremont, CA
$98,616,217
California College Of The Arts
San Francisco, CA
$107,701,190
Vanguard University Of So Ca
Costa Mesa, CA
$83,351,301

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