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Nonprofiteer
← BARTON COLLEGE

Form 990 for tax year 2023

Filed by BARTON COLLEGE.

Totals

Total revenue
$58,534,737
Total expenses
$52,134,879
Contributions and grants received
$10,539,437
Grants paid
$19,584,823
Program service revenue
$42,518,973
Investment income
$5,021,515
Other revenue
$454,812
Total assets, end of year
$94,665,332
Total liabilities, end of year
$35,238,901
Net assets or fund balances, end of year
$59,426,431
Program services expenses (Part IX)
$46,629,248
Management and general expenses
$4,665,771
Fundraising expenses
$839,860
Program service expenses (Part III)
$46,629,248

Program services were 89.4% 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)

    $5,760,755

  • 1f · All other contributions, gifts and grants

    $4,778,682

  • 1g · Noncash contributions included above

    $90,562

  • 2a · Program service revenue: TUITION AND FEES

    total $35,513,102 · related or exempt $35,513,102

  • 2b · Program service revenue: HOUSING, FOOD AND OTHER SERVICES

    total $7,005,871 · related or exempt $7,005,871

  • 3 · Investment income

    total $1,724,521 · excluded $1,724,521

  • 7a · Gross sales of assets other than inventory

    securities $3,296,994

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

    securities $0

  • 7c · Gain or loss

    securities $3,296,994

  • 7d · Net gain or loss

    total $3,296,994 · excluded $3,296,994

  • 11a · Other revenue: OTHER INCOME

    total $454,812 · related or exempt $454,812

  • 11e · Other revenue, total

    $454,812

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $19,584,823 · program services $19,584,823

  • 7 · Other salaries and wages

    total $13,716,062 · program services $11,866,353 · management and general $1,373,942 · fundraising $475,767

  • 9 · Other employee benefits

    total $2,548,655 · program services $1,677,048 · management and general $809,202 · fundraising $62,405

  • 11d · Fees: lobbying

    total $39,253 · management and general $39,253

  • 11f · Fees: investment management

    total $178,689 · management and general $178,689

  • 11g · Fees: other

    total $4,342,690 · program services $3,826,031 · management and general $402,182 · fundraising $114,477

  • 12 · Advertising and promotion

    total $215,616 · program services $9,362 · management and general $206,254

  • 16 · Occupancy

    total $1,444,114 · program services $1,247,616 · management and general $196,498

  • 17 · Travel

    total $1,133,724 · program services $1,106,408 · management and general $24,527 · fundraising $2,789

  • 19 · Conferences, conventions and meetings

    total $40,927 · program services $39,960 · management and general $967

  • 20 · Interest

    total $1,656,961 · program services $1,521,092 · management and general $135,869

  • 22 · Depreciation, depletion and amortization

    total $2,529,035 · program services $2,321,670 · management and general $207,365

  • 23 · Insurance

    total $540,286 · program services $266,523 · management and general $273,763

  • 24a · Other expenses: OTHER EXPENSES

    total $1,550,961 · program services $847,767 · management and general $621,925 · fundraising $81,269

  • 24b · Other expenses: PROGRAM AND OFFICE SUPP

    total $1,201,134 · program services $1,109,116 · management and general $44,860 · fundraising $47,158

  • 24c · Other expenses: OPERATIONS & MAINTENANC

    total $692,238 · program services $634,399 · management and general $56,982 · fundraising $857

  • 24d · Other expenses: MEMBERSHIPS AND SUBSCRI

    total $338,105 · program services $316,502 · management and general $15,658 · fundraising $5,945

  • 24e · All other expenses

    total $381,606 · program services $254,578 · management and general $77,835 · fundraising $49,193

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $604,385

  • 2 · Savings and temporary cash investments

    beginning of year $372,458 · end of year $3,400,443

  • 3 · Pledges and grants receivable

    beginning of year $4,926,252 · end of year $5,239,242

  • 4 · Accounts receivable

    beginning of year $2,212,280 · end of year $5,267,868

  • 7 · Other notes and loans receivable

    beginning of year $53,510 · end of year $25,596

  • 8 · Inventories for sale or use

    beginning of year $38,895 · end of year $38,895

  • 9 · Prepaid expenses and deferred charges

    beginning of year $82,563 · end of year $167,165

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

    $96,208,859

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

    $43,798,232

  • 10c · Land, buildings and equipment, net

    beginning of year $53,373,082 · end of year $52,410,627

  • 11 · Investments: publicly traded securities

    beginning of year $23,354,798 · end of year $18,900,554

  • 12 · Investments: other securities

    beginning of year $5,417,945 · end of year $6,509,536

  • 15 · Other assets

    beginning of year $2,630,609 · end of year $2,705,406

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,717,383 · end of year $3,611,721

  • 19 · Deferred revenue

    beginning of year $2,344,477 · end of year $2,132,745

  • 20 · Tax-exempt bond liabilities

    beginning of year $23,918,661 · end of year $23,414,843

  • 23 · Secured mortgages and notes payable

    beginning of year $8,096,417 · end of year $4,645,157

  • 24 · Unsecured notes and loans payable

    beginning of year $250,000 · end of year $250,000

  • 25 · Other liabilities

    beginning of year $1,021,608 · end of year $1,184,435

  • 27 · Net assets without donor restrictions

    beginning of year $16,443,945 · end of year $20,269,688

  • 28 · Net assets with donor restrictions

    beginning of year $37,274,286 · end of year $39,156,743

Mission and programs · 2023

Mission

FOUNDED IN 1902, BARTON COLLEGE IS A FOUR-YEAR, PRIVATE, LIBERAL ARTS COLLEGE LOCATED IN WILSON, N.C. THE BARTON EXPERIENCE FOCUSES ON ACADEMIC EXCELLENCE WITHIN A WIDE RANGE OF PROFESSIONAL AND LIBERAL ARTS PROGRAMS LEADING TO BACCALAUREATE AND MASTER'S DEGREES. BARTON CELEBRATES BOLD THINKING AMONG FACULTY AND STAFF AS THE COLLEGE NURTURES BOLD LEADERSHIP DEVELOPMENT AMONG STUDENTS. BARTON OFFERS PURPOSEFUL INTERNSHIPS AND PRACTICUMS IN ACADEMIC DISCIPLINES, ENGAGING CO-CURRICULAR COHORTS, MEANINGFUL INTERNATIONAL TRAVEL AND STUDY, RESEARCH AND PRESENTATION THROUGH THE DAY OF SCHOLARSHIP, OPPORTUNITIES TO GIVE BACK THROUGH COMMUNITY SERVICE, AN IMPRESSIVE ARRAY OF CULTURAL EVENTS, AND DIVERSE ATHLETIC COMPETITION AMONG MORE THAN 20 COLLEGIATE TEAMS.

  • INSTRUCTION: ACCREDITED ACADEMIC PROGRAMS WITH 35 MAJORS AND 41 MINORS FOR UNDERGRADUATES, 6 PROFESSIONAL PROGRAMS, AND 6 GRADUATE DEGREE PROGRAMS. SERVING APPROXIMATELY 1,100 UNDERGRADUATES.

    Expenses $20,984,245 · Revenue $35,967,914

  • AUXILIARY SERVICES: ROOM, BOARD, AND BOOKSTORE.

    Expenses $6,060,180 · Revenue $7,005,871

  • INSTITUTIONAL AID AND SCHOLARSHIPS FROM ENDOWMENT, RESTRICTED SCHOLARSHIPS, AND INSTITUTIONAL DISCOUNT.

    Expenses $19,584,823 · Grants $19,584,823

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mr Eric Wayne Sellers Board Chair

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mr Barry F Dillehay

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mr William Dennis Adams III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dr Frank T Batten

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dr Gregg A Demar

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Ms Amy Denton

    ALUMNI BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Mr James C Farthing

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr G Charles Finklea Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr Stuart Franz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dr Harlow Z Head

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr Garland R Homes Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr Gareth Carl Hosford

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mrs Phyllis Parish Howard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr John Floyd Lee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dr Daniel Michalak

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr Craig Myers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr Thomas E Quinn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr Rhine Sharp

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr Michael Sledge

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mr David A Turnage

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dr Grantham D Warren

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dr Garnett Whitehurst

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dr Douglas Searcy

    PRESIDENT

    Total calculated
    $427,604
    From this org
    $401,270
    From related orgs
    $0
    Other
    $26,334
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $392,562
    Bonus
    $0
    Other
    $8,708
    Deferred
    $6,600
    Nontaxable benefits
    $19,734
    Filer's total
    $427,604

  • Danny Davis

    VP FOR ADMINISTRATION AND

    Total calculated
    $167,507
    From this org
    $154,078
    From related orgs
    $0
    Other
    $13,429
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $154,078
    Bonus
    $0
    Other
    $0
    Deferred
    $1,900
    Nontaxable benefits
    $11,529
    Filer's total
    $167,507

  • Dennis Matthews

    VP FOR ENROLLMENT AND MARK

    Total calculated
    $183,322
    From this org
    $179,697
    From related orgs
    $0
    Other
    $3,625
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $179,697
    Bonus
    $0
    Other
    $0
    Deferred
    $3,587
    Nontaxable benefits
    $38
    Filer's total
    $183,322

  • Victoria Morris

    VP OF PEOPLE & SUPPORT

    Total calculated
    $166,143
    From this org
    $150,638
    From related orgs
    $0
    Other
    $15,505
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $150,388
    Bonus
    $0
    Other
    $250
    Deferred
    $1,651
    Nontaxable benefits
    $13,854
    Filer's total
    $166,143

  • Kevin Pennington

    PROVOST & VP FOR ACADEMIC

    Total calculated
    $162,474
    From this org
    $149,677
    From related orgs
    $0
    Other
    $12,797
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $149,677
    Bonus
    $0
    Other
    $0
    Deferred
    $1,530
    Nontaxable benefits
    $11,267
    Filer's total
    $162,474

  • Amanda Metts

    VP FOR ADMISSION/STUDENT ENGAGEMENT

    Total calculated
    $117,253
    From this org
    $116,038
    From related orgs
    $0
    Other
    $1,215
    Hours/week
    50

  • John Bethune

    PROFESSOR

    Total calculated
    $106,132
    From this org
    $103,937
    From related orgs
    $0
    Other
    $2,195
    Hours/week
    50

  • Kelly Taranto

    VP FOR INSTITUTIONAL ADVANCEMENT

    Total calculated
    $143,655
    From this org
    $142,164
    From related orgs
    $0
    Other
    $1,491
    Hours/week
    50

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
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 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
THE COLLEGE PROVIDES HOUSING TO THE PRESIDENT FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THE PRESIDENT CAN PERFORM ESSENTIAL COLLEGE BUSINESS AND ACTIVITIES AT THE HOME. ADDITIONALLY, THE PRESIDENT WAS PROVIDED A MEMBERSHIP AT A LOCAL COUNTRY CLUB TO BE USED FOR BUSINESS PURPOSES AND FUNDRAISING ACTIVITIES. USE OF THE MEMBERSHIP IS WELL DOCUMENTED.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349312841

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

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