Skip to content
Nonprofiteer
← MARY BALDWIN UNIVERSITY

Form 990 for tax year 2022

Filed by MARY BALDWIN UNIVERSITY.

Totals

Total revenue
$60,205,035
Total expenses
$67,152,920
Contributions and grants received
$8,363,181
Grants paid
$18,796,151
Program service revenue
$50,582,746
Investment income
$1,108,726
Other revenue
$150,382
Total assets, end of year
$86,535,808
Total liabilities, end of year
$27,146,040
Net assets or fund balances, end of year
$59,389,768
Program services expenses (Part IX)
$53,945,427
Management and general expenses
$11,781,772
Fundraising expenses
$1,425,721
Program service expenses (Part III)
$53,945,427

Program services were 80.3% 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)

    $1,652,804

  • 1f · All other contributions, gifts and grants

    $6,710,377

  • 1g · Noncash contributions included above

    $1,076,339

  • 2a · Program service revenue: TUITION AND FEES

    total $44,264,541 · related or exempt $44,264,541

  • 2b · Program service revenue: AUXILIARY SERVICES

    total $6,318,205 · related or exempt $6,318,205

  • 3 · Investment income

    total $422,977 · excluded $422,977

  • 7a · Gross sales of assets other than inventory

    other assets $1,540,222

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

    securities $854,473 · other assets $0

  • 7c · Gain or loss

    securities -$854,473 · other assets $1,540,222

  • 7d · Net gain or loss

    total $685,749 · related or exempt $1,540,222 · excluded -$854,473

  • 11a · Other revenue: OTHER

    total $150,382 · related or exempt $150,382

  • 11e · Other revenue, total

    $150,382

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $18,796,151 · program services $18,796,151

  • 5 · Compensation of officers, directors and key employees

    total $711,686 · management and general $494,496 · fundraising $217,190

  • 7 · Other salaries and wages

    total $23,357,102 · program services $18,366,012 · management and general $4,302,298 · fundraising $688,792

  • 8 · Pension plan contributions

    total $592,853 · program services $592,853

  • 9 · Other employee benefits

    total $2,530,834 · program services $1,762,999 · management and general $635,471 · fundraising $132,364

  • 10 · Payroll taxes

    total $1,623,512 · program services $1,283,500 · management and general $281,663 · fundraising $58,349

  • 11a · Fees: management

    total $716,523 · program services $716,523

  • 11b · Fees: legal

    total $74,640 · management and general $74,640

  • 11c · Fees: accounting

    total $95,211 · management and general $95,211

  • 11f · Fees: investment management

    total $98,000 · management and general $98,000

  • 11g · Fees: other

    total $6,315,046 · program services $4,148,719 · management and general $2,100,712 · fundraising $65,615

  • 12 · Advertising and promotion

    total $300,094 · program services $22,723 · management and general $277,371

  • 13 · Office expenses

    total $795,804 · program services $632,711 · management and general $88,266 · fundraising $74,827

  • 16 · Occupancy

    total $2,139,157 · program services $1,643,306 · management and general $421,621 · fundraising $74,230

  • 17 · Travel

    total $712,425 · program services $568,141 · management and general $123,269 · fundraising $21,015

  • 20 · Interest

    total $1,087,610 · program services $1,087,610

  • 22 · Depreciation, depletion and amortization

    total $2,524,388 · program services $2,306,634 · management and general $217,754

  • 23 · Insurance

    total $397,928 · management and general $396,399 · fundraising $1,529

  • 24a · Other expenses: OTHER

    total $1,917,473 · program services $808,209 · management and general $1,039,506 · fundraising $69,758

  • 24b · Other expenses: MAINTENANCE CONTRACTS

    total $1,110,527 · program services $3,399 · management and general $1,107,128

  • 24c · Other expenses: FOOD

    total $958,449 · program services $908,430 · management and general $27,967 · fundraising $22,052

  • 24d · Other expenses: HEERF

    total $297,507 · program services $297,507

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $6,334,884 · end of year $2,145,538

  • 3 · Pledges and grants receivable

    beginning of year $20,128,988 · end of year $19,708,512

  • 4 · Accounts receivable

    beginning of year $1,600,322 · end of year $1,344,315

  • 7 · Other notes and loans receivable

    beginning of year $103,355 · end of year $20,551

  • 8 · Inventories for sale or use

    beginning of year $42,413 · end of year $44,773

  • 9 · Prepaid expenses and deferred charges

    beginning of year $311,891 · end of year $510,121

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

    $91,074,512

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

    $58,750,895

  • 10c · Land, buildings and equipment, net

    beginning of year $32,218,024 · end of year $32,323,617

  • 11 · Investments: publicly traded securities

    beginning of year $20,087,149 · end of year $21,993,635

  • 12 · Investments: other securities

    beginning of year $7,464,697 · end of year $7,879,006

  • 15 · Other assets

    beginning of year $463,306 · end of year $565,740

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,430,749 · end of year $2,648,452

  • 18 · Grants payable

    beginning of year $212,828 · end of year $167,293

  • 19 · Deferred revenue

    beginning of year $3,785,897 · end of year $3,321,035

  • 23 · Secured mortgages and notes payable

    beginning of year $18,932,901 · end of year $20,699,760

  • 25 · Other liabilities

    beginning of year $185,915 · end of year $309,500

  • 27 · Net assets without donor restrictions

    beginning of year $15,429,358 · end of year $14,463,443

  • 28 · Net assets with donor restrictions

    beginning of year $47,777,381 · end of year $44,926,325

Mission and programs · 2022

Mission

MARY BALDWIN UNIVERSITY EMPOWERS LEADERS TO PURSUE LIVES OF PURPOSE IN A CHANGING WORLD. AS A DISTINCTIVE SMALL UNIVERSITY COMMITTED TO ITS RICH HERITAGE AS AN INCLUSIVE, WOMEN-CENTERED LIBERAL ARTS UNIVERSITY, MARY BALDWIN FULFILLS ITS MISSION BY PROVIDING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION TO A DIVERSE POPULATION OF WOMEN AND MEN. IT EMPHASIZES HIGH ETHICAL STANDARDS AND THE DEVELOPMENT OF CRITICAL, CREATIVE, AND REFLECTIVE REASONING AS THE FOUNDATION FOR FULFILLING, ENGAGED, AND MEANINGFUL LIVES.

  • SCHOLARSHIPS AND FELLOWSHIPS - THE UNIVESITY AWARDED APPROXIMATELY 1,240 STUDENTS FINANCIAL AID ASSISTANCE THROUGH INSITUTIONAL MEANS. FINANCIAL AID IS FUNDED BY FEDERAL, STATE, PRIVATE AND INSTITUTIONAL MEANS.

    Expenses $18,796,151 · Grants $18,796,151

  • INSTRUCTIONAL - VARIOUS PROGRAMS SUCH AS TRADITIONAL DEGREES, CONTINUING EDUCATION, SUMMER PROGRAMS, CONSORTIUM AND STUDIES ABROAD TO APPROXIMATELY 2,244 STUDENTS.

    Expenses $35,149,276 · Revenue $52,273,350

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

Listed in Part VII

  • PAMELA FOX

    PRESIDENT

    Total calculated
    $473,427
    From this org
    $434,380
    From related orgs
    $0
    Other
    $39,047
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $434,380
    Bonus
    $0
    Other
    $0
    Deferred
    $13,031
    Nontaxable benefits
    $26,016
    Filer's total
    $473,427

  • CONSTANCE DIERICKX

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    0

  • GABRIELLE MCCREE

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0

  • HAL JOHNSON

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • AMII BARNARD-BAHN

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • ANDREW SHIPP

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • ANNABEL E BARBER

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • BEVERLY BATES

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • CHARLES HEINER

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • CINDY DULLEA

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • DONNA SMITH

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • DORIE CLARK

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • ELOISE CHANDLER

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • GEORGE PARMAN

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • HARVEY WESTBROOK JR

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • HELEN FORSTER

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • JOHN A NOLDE JR

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • JOHN ROGERS

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • KAMALA PAYNE

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • KATHERINE SMALLWOOD

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • KELLY OKE DOWD

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • MARGARET WREN DE ST AUBIN

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • MARIA CERMINARA ACAR

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • MARK LAROSA

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • PETER GWALTNEY

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • RAKI MCGREGOR

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • SUSAN PALMER

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • TIM POWERS

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • TRIMBLE BAILEY SPITZER

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • SEAN SIMPLICIO

    CHIEF FINANCIAL OFFICER AND TREASURER

    Total calculated
    $286,315
    From this org
    $277,306
    From related orgs
    $0
    Other
    $9,009
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $277,306
    Bonus
    $0
    Other
    $0
    Deferred
    $8,319
    Nontaxable benefits
    $690
    Filer's total
    $286,315

  • WILLIAM WEBB

    SR VP & DEAN, PALMER COLLEGE OF PROF. STUDIES

    Total calculated
    $264,580
    From this org
    $244,658
    From related orgs
    $0
    Other
    $19,922
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $244,658
    Bonus
    $0
    Other
    $0
    Deferred
    $7,340
    Nontaxable benefits
    $12,582
    Filer's total
    $264,580

  • CHARLES DAVIS

    VP OF INSTITUTIONAL ADVANCEMENT

    Total calculated
    $268,547
    From this org
    $239,985
    From related orgs
    $0
    Other
    $28,562
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $239,985
    Bonus
    $0
    Other
    $0
    Deferred
    $7,200
    Nontaxable benefits
    $21,362
    Filer's total
    $268,547

  • ERNEST JEFFRIES

    VP OF STUDENT ENGAGEMENT

    Total calculated
    $247,865
    From this org
    $230,216
    From related orgs
    $0
    Other
    $17,649
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $230,216
    Bonus
    $0
    Other
    $0
    Deferred
    $6,906
    Nontaxable benefits
    $10,743
    Filer's total
    $247,865

  • DEBORAH GREUBEL

    VP OF MDCHS & CHIEF HEALTH OFFICER

    Total calculated
    $209,070
    From this org
    $201,923
    From related orgs
    $0
    Other
    $7,147
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $201,923
    Bonus
    $0
    Other
    $0
    Deferred
    $6,058
    Nontaxable benefits
    $1,089
    Filer's total
    $209,070

  • MATT MUNSEY

    VP OF ENROLLMENT MANAGEMENT

    Total calculated
    $206,917
    From this org
    $191,199
    From related orgs
    $0
    Other
    $15,718
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $191,199
    Bonus
    $0
    Other
    $0
    Deferred
    $5,736
    Nontaxable benefits
    $9,982
    Filer's total
    $206,917

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 · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses

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)

SCHEDULE J, PART I, LINE 1A
THE PRESIDENT OF THE UNIVERSITY IS PROVIDED WITH ON CAMPUS HOUSING AND CLEANING STAFF

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
2022
Filed
9 May 2024
IRS schema version
2022v5.0
Source object
202421319349303207

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.