Skip to content
Nonprofiteer
← HAMPSHIRE COLLEGE TRUSTEES

Form 990 for tax year 2022

Filed by HAMPSHIRE COLLEGE TRUSTEES.

Totals

Total revenue
$44,848,291
Total expenses
$59,125,469
Contributions and grants received
$9,531,646
Grants paid
$20,213,435
Program service revenue
$32,254,848
Investment income
-$402,937
Other revenue
$3,464,734
Total assets, end of year
$86,346,229
Total liabilities, end of year
$28,076,719
Net assets or fund balances, end of year
$58,269,510
Program services expenses (Part IX)
$50,561,958
Management and general expenses
$7,028,319
Fundraising expenses
$1,535,192
Program service expenses (Part III)
$50,561,958

Program services were 85.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $6,103,099

  • 1f · All other contributions, gifts and grants

    $3,428,547

  • 1g · Noncash contributions included above

    $836,602

  • 2a · Program service revenue: TUITION AND FEES

    total $26,558,131 · related or exempt $26,558,131

  • 2b · Program service revenue: ROOM

    total $3,769,612 · related or exempt $3,769,612

  • 2c · Program service revenue: BOARD

    total $1,901,997 · related or exempt $1,901,997

  • 2d · Program service revenue: SPONSORED RESEARCH

    total $25,108 · related or exempt $25,108

  • 3 · Investment income

    total $631,356 · unrelated business $479 · excluded $630,877

  • 7a · Gross sales of assets other than inventory

    securities $9,874,277

  • 7b · Less cost or other basis and sales expenses

    securities $10,908,570

  • 7c · Gain or loss

    securities -$1,034,293

  • 7d · Net gain or loss

    total -$1,034,293 · excluded -$1,034,293

  • 11a · Other revenue: AUXILIARY ENTERPRISES

    total $2,294,074 · related or exempt $666,309 · unrelated business $1,627,765

  • 11b · Other revenue: HAMPSHIRE COLLEGE CHILD CENTER

    total $591,617 · related or exempt $591,617

  • 11d · All other revenue

    total $579,043 · excluded $579,043

  • 11e · Other revenue, total

    $3,464,734

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $20,081,581 · program services $20,081,581

  • 3 · Grants to foreign organizations and individuals

    total $131,854 · program services $131,854

  • 5 · Compensation of officers, directors and key employees

    total $1,346,295 · program services $339,634 · management and general $707,996 · fundraising $298,665

  • 7 · Other salaries and wages

    total $17,818,432 · program services $15,145,667 · management and general $1,960,028 · fundraising $712,737

  • 8 · Pension plan contributions

    total $958,477 · program services $814,705 · management and general $105,433 · fundraising $38,339

  • 9 · Other employee benefits

    total $2,311,276 · program services $1,964,585 · management and general $254,240 · fundraising $92,451

  • 10 · Payroll taxes

    total $1,354,001 · program services $1,150,901 · management and general $148,940 · fundraising $54,160

  • 11b · Fees: legal

    total $29,195 · management and general $29,195

  • 11c · Fees: accounting

    total $117,758 · management and general $117,758

  • 11f · Fees: investment management

    total $192,869 · management and general $192,869

  • 11g · Fees: other

    total $657,721 · program services $365,618 · management and general $252,907 · fundraising $39,196

  • 12 · Advertising and promotion

    total $287,721 · program services $287,721

  • 13 · Office expenses

    total $771,272 · program services $603,281 · management and general $137,883 · fundraising $30,108

  • 14 · Information technology

    total $808,008 · program services $404,004 · management and general $363,604 · fundraising $40,400

  • 16 · Occupancy

    total $1,283,701 · program services $1,103,983 · management and general $179,718

  • 17 · Travel

    total $270,037 · program services $219,751 · management and general $7,417 · fundraising $42,869

  • 19 · Conferences, conventions and meetings

    total $42,891 · program services $13,439 · fundraising $29,452

  • 20 · Interest

    total $726,448 · program services $617,481 · management and general $108,967

  • 22 · Depreciation, depletion and amortization

    total $2,188,628 · program services $1,860,334 · management and general $328,294

  • 23 · Insurance

    total $845,527 · program services $422,764 · management and general $422,763

  • 24a · Other expenses: FIVE COLLEGES CONSORTIU

    total $969,408 · management and general $969,408

  • 24b · Other expenses: HEALTH SERVICES CONTRAC

    total $807,142 · program services $807,142

  • 24c · Other expenses: RESEARCH & SPONSORED PR

    total $636,004 · program services $636,004

  • 24d · Other expenses: OTHER OUTSIDE SERVICES

    total $568,844 · program services $259,187 · management and general $309,657

  • 24e · All other expenses

    total $3,920,379 · program services $3,332,322 · management and general $431,242 · fundraising $156,815

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,105,172 · end of year $4,265,830

  • 3 · Pledges and grants receivable

    beginning of year $10,791,593 · end of year $9,326,996

  • 4 · Accounts receivable

    beginning of year $935,950 · end of year $248,802

  • 9 · Prepaid expenses and deferred charges

    beginning of year $80,180 · end of year $126,150

  • 10a · Land, buildings and equipment: cost or other basis

    $132,516,557

  • 10b · Land, buildings and equipment: accumulated depreciation

    $90,072,561

  • 10c · Land, buildings and equipment, net

    beginning of year $43,482,738 · end of year $42,443,996

  • 11 · Investments: publicly traded securities

    beginning of year $15,473,145 · end of year $7,997,822

  • 12 · Investments: other securities

    beginning of year $22,098,635 · end of year $21,190,854

  • 15 · Other assets

    beginning of year $2,318,611 · end of year $745,779

  • 17 · Accounts payable and accrued expenses

    beginning of year $764,087 · end of year $811,823

  • 19 · Deferred revenue

    beginning of year $874,845 · end of year $1,265,488

  • 20 · Tax-exempt bond liabilities

    beginning of year $22,813,293 · end of year $21,923,291

  • 23 · Secured mortgages and notes payable

    beginning of year $286,153 · end of year $260,888

  • 25 · Other liabilities

    beginning of year $3,283,482 · end of year $3,815,229

  • 27 · Net assets without donor restrictions

    beginning of year $36,865,404 · end of year $22,806,990

  • 28 · Net assets with donor restrictions

    beginning of year $34,398,760 · end of year $35,462,520

Mission and programs · 2022

Mission

THE MISSION OF HAMPSHIRE COLLEGE IS TO FOSTER A LIFELONG PASSION FOR LEARNING, INQUIRY, AND ETHICAL CITIZENSHIP THAT INSPIRES STUDENTS TO CONTRIBUTE TO KNOWLEDGE, JUSTICE, AND POSITIVE CHANGE IN THE WORLD AND, BY DOING SO, TO TRANSFORM HIGHER EDUCATION.

Activities or mission (Part I)

INSPIRE STUDENTS TO CONTRIBUTE TO KNOWLEDGE, JUSTICE AND POSITIVE CHANGE.

  • INSTRUCTIONAL AND OTHER EDUCATIONAL ACTIVITIES. HAMPSHIRE COLLEGE PROVIDES INSTRUCTION FOR 483 FTE UNDERGRADUATE STUDENTS AND EMPLOYS 38 FTE FACULTY. EDUCATIONAL DELIVERY ALSO INCLUDES STUDENT FINANCIAL AID PROGRAMS. FINANCIAL AID INCLUDES GRANTS, SCHOLARSHIPS, AND GOVERNMENT AID AWARDS TO ASSIST STUDENTS IN THE FINANCIAL COST OF ATTENDING HAMPSHIRE COLLEGE. 95% OF OUR FACULTY HAVE PH.D OR OTHER TERMINAL DEGREES IN THEIR FIELDS. ACCREDITATION: HAMPSHIRE COLLEGE IS FULLY ACCREDITED BY THE NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES. MEMBERSHIP IN THE ASSOCIATION INDICATES THAT THE INSTITUTION HAS BEEN CAREFULLY EVALUATED AND FOUND TO MEET STANDARDS AGREED UPON QUALIFIED EVALUATORS.

    Expenses $41,022,470 · Grants $20,213,435 · Revenue $26,558,131

  • INCLUDES THE COST OF HEALTH SERVICES, RECREATIONAL ATHLETICS, DEAN OF STUDENT'S OFFICE EXPENSES AND OTHER SUPPORT SERVICES FOR 502 STUDENTS. HAMPSHIRE IS ONE OF 44 COLLEGES PROFILED IN COLLEGES THAT CHANGE LIVES (CTCL) FOR "DEVELOPING POTENTIAL, VALUES, INITIATIVE, AND RISK-TAKING" IN STUDENTS. CTCL SAYS OF HAMPSHIRE, "NO COLLEGE HAS STUDENTS WHOSE INTELLECTUAL THYROIDS ARE MORE ACTIVE OR WHOSE MINDS ARE MORE COMPASSIONATELY ENGAGED." BEING PART OF HAMPSHIRE IS A WHOLE NEW WAY OF LIFE, CENTERED ON COMMUNITY. STUDENTS ARE INTEGRAL TO EVERY PART OF THE COLLEGE, SERVING ON THE BOARD OF TRUSTEES, HIRING COMMITTEES, FUNDCOM (HAMPSHIRE'S STUDENT ACTIVITIES FUND COMMITTEE), AND MORE. 85% OF STUDENTS LIVE ON CAMPUS. 100% OF STUDENTS LIVE IN SINGLES ON CAMPUS. OVER 100 CLUBS, SPORTS, AND ORGANIZATIONS, INCLUDING ASL COLLECTIVE, BLACKSMITH'S GUILD, CIRCUS FOLK UNITE!, GLOWLIME GAMES, AND WOOL PEOPLE (A FIBER CRAFTS GROUP).

    Expenses $8,903,484 · Revenue $5,671,609

  • SPONSORED RESEARCH AND RESTRICTED EXPENSES: INCLUDES ALL PRIVATE AND FEDERAL FUNDS RECEIVED FOR SPONSORED RESEARCH AND RESTRICTED ACTIVITIES. GRANTS FROM CORPORATIONS, FOUNDATIONS, AND GOVERNMENT AGENCIES SUPPORT EDUCATIONAL PROGRAMMING, PROGRAM DEVELOPMENT, INDIVIDUAL FACULTY RESEARCH, AND ENDOWED SCHOLARSHIPS.

    Expenses $636,004 · Revenue $25,108

  • Revenue $1,257,926

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • EDWARD WINGENBACH

    PRESIDENT

    Total calculated
    $406,190
    From this org
    $317,070
    From related orgs
    $0
    Other
    $89,120
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $314,475
    Bonus
    $0
    Other
    $2,595
    Deferred
    $26,250
    Nontaxable benefits
    $62,870
    Filer's total
    $406,190

  • OMAR DAHI

    FACULTY TRUSTEE

    Total calculated
    $113,121
    From this org
    $104,561
    From related orgs
    $0
    Other
    $8,560
    Hours/week
    35

  • JOSE FUENTES

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • STEPHAN JOST

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • CATHERINE SMITH

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • JULIE SCHECTER

    SECRETARY OF THE BOARD

    Total calculated
    $0
    Hours/week
    2

  • ERIK BENAU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICHARD CANTWELL

    TRUSTEE (AS OF 02/2023)

    Total calculated
    $0
    Hours/week
    1

  • ELLE K CHAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAYNA CUNNINGHAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • WARREN GORLICK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LILI KIM

    TRUSTEE (AS OF 10/2022)

    Total calculated
    $87,859
    From this org
    $72,127
    From related orgs
    $0
    Other
    $15,732
    Hours/week
    1

  • VIBHU NORBY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • OSHIN PANDEY

    TRUSTEE (AS OF 07/2022)

    Total calculated
    $0
    Hours/week
    1

  • ALICE PETTY

    ALUMNI TRUSTEE (AS OF 07/2022)

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL PLENTY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • AVIVA PUSEY

    STUDENT TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MORWIN SCHMOOKLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JUANA SCHURMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BARBARA SHUFRO

    TRUSTEE (AS OF 01/2023)

    Total calculated
    $0
    Hours/week
    1

  • JORDAN STRAUSS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ELLEN STURGIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RENEE SWEENEY

    STAFF TRUSTEE (AS OF 07/2022)

    Total calculated
    $103,945
    From this org
    $85,558
    From related orgs
    $0
    Other
    $18,387
    Hours/week
    35

  • ANANDA VALENZUELA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CAROL VARNEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • WENDY WEBB WILLIAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER COX

    VP OF ACADEMIC AFFAIRS

    Total calculated
    $95,249
    From this org
    $88,051
    From related orgs
    $0
    Other
    $7,198
    Hours/week
    35

  • ZAUYAH WAITE

    VP OF STUDENT AFFAIRS

    Total calculated
    $159,738
    From this org
    $138,039
    From related orgs
    $0
    Other
    $21,699
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $126,261
    Bonus
    $0
    Other
    $11,778
    Deferred
    $11,716
    Nontaxable benefits
    $9,983
    Filer's total
    $159,738

  • CARL RIES

    VP OF ADMIN, FINANCE, & TREASURER

    Total calculated
    $185,500
    From this org
    $176,854
    From related orgs
    $0
    Other
    $8,646
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $156,129
    Bonus
    $0
    Other
    $20,725
    Deferred
    $8,307
    Nontaxable benefits
    $339
    Filer's total
    $185,500

  • SAMANTHA PLEASANT

    SECRETARY OF THE COLLEGE (AS OF 08/2022)

    Total calculated
    $35,261
    From this org
    $28,430
    From related orgs
    $0
    Other
    $6,831
    Hours/week
    35

  • JENNIFER CHRISLER

    CHIEF ADVANCEMENT OFFICER

    Total calculated
    $273,500
    From this org
    $233,193
    From related orgs
    $0
    Other
    $40,307
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $204,808
    Bonus
    $0
    Other
    $28,385
    Deferred
    $20,200
    Nontaxable benefits
    $20,107
    Filer's total
    $273,500

  • FUMIO SUGIHARA

    DEAN OF ADMISSIONS AND FIN. AID

    Total calculated
    $165,578
    From this org
    $143,710
    From related orgs
    $0
    Other
    $21,868
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $143,530
    Bonus
    $0
    Other
    $180
    Deferred
    $12,524
    Nontaxable benefits
    $9,344
    Filer's total
    $165,578

  • YANIRIS FERNANDEZ

    ASSOCIATE VP OF AA

    Total calculated
    $147,288
    From this org
    $126,738
    From related orgs
    $0
    Other
    $20,550
    Hours/week
    35

  • LAURA WENK

    DIRECTOR OF ASSESSMENT & PROFESSOR

    Total calculated
    $128,429
    From this org
    $110,957
    From related orgs
    $0
    Other
    $17,472
    Hours/week
    35

  • DANIEL WARNER

    PROFESSOR

    Total calculated
    $124,702
    From this org
    $115,384
    From related orgs
    $0
    Other
    $9,318
    Hours/week
    35

  • JOHN DINEEN

    ASSOCIATE VP OF FINANCE

    Total calculated
    $121,010
    From this org
    $109,492
    From related orgs
    $0
    Other
    $11,518
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
BENEFITS PROVIDED TO CERTAIN INDIVIDUALS - AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF THE COLLEGE IS PROVIDED WITH HOUSING OWNED BY THE COLLEGE. ALL COSTS TO MAINTAIN THE HOME WERE PAID FOR BY THE COLLEGE AND NONE OF THE BENEFITS WERE TREATED AS TAXABLE INCOME FOR THE PRESIDENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUSTS(4)

    T · CHARITABLE TRUST · MA

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202401359349311930

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.