Totals
- Total revenue
- $70,502,281
- Total expenses
- $77,912,569
- Contributions and grants received
- $14,569,985
- Grants paid
- $26,759,637
- Program service revenue
- $53,534,662
- Investment income
- $2,397,634
- Other revenue
- $0
- Total assets, end of year
- $196,984,188
- Total liabilities, end of year
- $46,361,075
- Net assets or fund balances, end of year
- $150,623,113
- Program services expenses (Part IX)
- $71,114,722
- Management and general expenses
- $5,605,147
- Fundraising expenses
- $1,192,700
- Program service expenses (Part III)
- $71,114,722
Program services were 91.3% 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)
$6,627,108
-
1f · All other contributions, gifts and grants
$7,942,877
-
1g · Noncash contributions included above
$559,324
-
2a · Program service revenue: TUITION
total $41,446,204 · related or exempt $41,446,204
-
2b · Program service revenue: AUXILIARY SERVICES
total $11,006,713 · related or exempt $11,006,713
-
2c · Program service revenue: EDUCATIONAL SERVICES
total $1,081,745 · related or exempt $1,081,745
-
3 · Investment income
total $2,595,657 · unrelated business -$11 · excluded $2,595,668
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $5,840,500
-
7b · Less cost or other basis and sales expenses
securities $6,038,523
-
7c · Gain or loss
securities -$198,023
-
7d · Net gain or loss
total -$198,023 · excluded -$198,023
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $26,759,637 · program services $26,759,637
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,181,030 · management and general $1,181,030
-
6 · Compensation of disqualified persons
total $78,671 · program services $78,671
-
7 · Other salaries and wages
total $21,020,672 · program services $19,777,053 · management and general $545,158 · fundraising $698,461
-
8 · Pension plan contributions
total $95,200 · program services $200 · management and general $95,000
-
9 · Other employee benefits
total $3,311,485 · program services $3,072,213 · management and general $119,034 · fundraising $120,238
-
10 · Payroll taxes
total $1,479,343 · program services $1,351,186 · management and general $74,813 · fundraising $53,344
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $175,025 · program services $11,396 · management and general $163,629
-
11c · Fees: accounting
total $199,002 · management and general $199,002
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $371,449 · management and general $371,449
-
11g · Fees: other
total $3,477,820 · program services $2,890,125 · management and general $584,955 · fundraising $2,740
-
12 · Advertising and promotion
total $39,273 · program services $39,273
-
13 · Office expenses
total $4,179,951 · program services $3,752,531 · management and general $298,642 · fundraising $128,778
-
14 · Information technology
total $1,111,244 · program services $1,031,399 · management and general $79,845
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,837,796 · program services $1,829,955 · management and general $7,841
-
17 · Travel
total $844,375 · program services $778,432 · management and general $20,505 · fundraising $45,438
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $1,618,397 · program services $1,472,741 · management and general $113,288 · fundraising $32,368
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $5,154,561 · program services $4,690,651 · management and general $360,819 · fundraising $103,091
-
23 · Insurance
total $774,003 · management and general $774,003
-
24a · Other expenses: EQUIPMENT REPAIRS & MAINT.
total $1,980,999 · program services $1,856,503 · management and general $122,159 · fundraising $2,337
-
24b · Other expenses: RECRUITING
total $338,287 · program services $178,321 · management and general $159,966
-
24c · Other expenses: STUDENT ACTIVITIES
total $280,179 · program services $280,179
-
24d · Other expenses: ALUMNI EVENTS
total $294,921 · program services $294,921
-
24e · All other expenses
total $1,309,249 · program services $969,335 · management and general $334,009 · fundraising $5,905
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,830,160 · end of year $7,374,459
-
2 · Savings and temporary cash investments
beginning of year $15,022 · end of year $15,091
-
3 · Pledges and grants receivable
beginning of year $9,367,068 · end of year $9,584,946
-
4 · Accounts receivable
beginning of year $654,086 · end of year $288,914
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $403,097 · end of year $283,212
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $161,493 · end of year $163,091
-
10a · Land, buildings and equipment: cost or other basis
$166,455,975
-
10b · Land, buildings and equipment: accumulated depreciation
$92,682,057
-
10c · Land, buildings and equipment, net
beginning of year $78,926,177 · end of year $73,773,918
-
11 · Investments: publicly traded securities
beginning of year $61,481,808 · end of year $62,376,119
-
12 · Investments: other securities
beginning of year $19,526,880 · end of year $21,780,891
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $20,168,345 · end of year $21,343,547
-
17 · Accounts payable and accrued expenses
beginning of year $2,691,491 · end of year $5,055,871
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $1,536,375 · end of year $1,401,457
-
20 · Tax-exempt bond liabilities
beginning of year $30,107,969 · end of year $28,230,165
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $10,635,745 · end of year $10,471,210
-
25 · Other liabilities
beginning of year $1,418,327 · end of year $1,202,372
-
27 · Net assets without donor restrictions
beginning of year $39,510,336 · end of year $33,197,599
-
28 · Net assets with donor restrictions
beginning of year $110,633,893 · end of year $117,425,514
Mission and programs · 2022
Mission
MARIETTA COLLEGE (MC) PROVIDES A STRONG FOUNDATION FOR A LIFETIME OF LEADERSHIP, CRITICAL THINKING, AND PROBLEM SOLVING. WE ACHIEVE THIS MISSION BY OFFERING UNDERGRADUATES A CONTEMPORARY LIBERAL ARTS EDUCATION AND GRADUATE STUDENTS AN EDUCATION GROUNDED IN ADVANCED KNOWLEDGE AND PROFESSIONAL PRACTICE. INTELLECTUAL AND CREATIVE EXCELLENCE DEFINES THE MARIETTA EXPERIENCE.
Activities or mission (Part I)
MARIETTA COLLEGE PROVIDES A STRONG FOUNDATION FOR A LIFETIME OF LEADERSHIP, CRITICAL THINKING, AND PROBLEM SOLVING.
-
CHARTERED IN 1835, MARIETTA COLLEGE (MC) IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION OF HIGHER EDUCATION WHICH PROVIDES EDUCATION IN UNDERGRADUATE PROGRAMS IN LIBERAL ARTS AND SCIENCES AND IN SELECTED AREAS AT THE MASTER'S LEVELS. THE COLLEGE'S REVENUES ARE PREDOMINANTLY DERIVED FROM STUDENT TUITION, ROOM, BOARD AND OTHER FEES. MC OFFERS INSTRUCTION TO STUDENTS IN A LEARNING ENVIRONMENT THAT IS CULTURALLY AND GEOGRAPHICALLY DIVERSE WITH STUDENTS COMING FROM MANY STATES AND COUNTRIES. STUDENTS CAN BLEND A STRONG LIBERAL ARTS CURRICULUM WITH A VARIETY OF MAJORS AND DEVELOP CONCENTRATIONS IN AREAS SUCH AS LEADERSHIP, FINANCE, AND ASIAN STUDIES. IN ADDITION TO THE MORE TRADITIONAL LIBERAL ARTS PROGRAMS, MC OFFERS SEVERAL INNOVATIVE CAREER-ORIENTED DEGREE PROGRAMS, E.G., SPORTS MEDICINE, COMPUTER SCIENCE, PETROLEUM ENGINEERING AND ENVIRONMENTAL SCIENCE. A STUDENT'S EDUCATIONAL EXPERIENCE IS ENHANCED THROUGH PARTICIPATION IN SPECIAL CO-AND EXTRA-CURRICULAR OPPORTUNITIES, SUCH AS THE FIRST-YEAR STUDENT PROGRAM, MC'S INTERNATIONAL COMMUNITY, THE MCDONOUGH LEADERSHIP PROGRAM, INVESTIGATIVE STUDIES, AND MC'S HONOR PROGRAM. TOTAL ENROLLMENT FOR THE 2022-2023 ACADEMIC YEAR WAS 1,198 STUDENTS.
Expenses $71,114,722 · Grants $26,759,637 · Revenue $53,534,662
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
William RuudWILLIAM RUUD
PRESIDENT
- Total calculated
- $655,663
- From this org
- $516,273
- From related orgs
- $0
- Other
- $139,390
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $312,588
- Bonus
- $0
- Other
- $203,685
- Deferred
- $94,667
- Nontaxable benefits
- $44,723
- Filer's total
- $655,663
-
Emily SchuckEMILY SCHUCK
AVP FOR ENROLLMENT MANAGEMENT
- Total calculated
- $221,278
- From this org
- $130,605
- From related orgs
- $0
- Other
- $90,673
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,866
- Bonus
- $0
- Other
- $739
- Deferred
- $1,645
- Nontaxable benefits
- $89,028
- Filer's total
- $221,278
-
Janet BlandJANET BLAND
PROVOST
- Total calculated
- $209,898
- From this org
- $193,402
- From related orgs
- $0
- Other
- $16,496
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $192,066
- Bonus
- $0
- Other
- $1,336
- Deferred
- $2,680
- Nontaxable benefits
- $13,816
- Filer's total
- $209,898
-
Joshua JacobsJOSHUA JACOBS
VP OF ADVANCEMENT
- Total calculated
- $200,261
- From this org
- $163,885
- From related orgs
- $0
- Other
- $36,376
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,863
- Bonus
- $0
- Other
- $1,022
- Deferred
- $7,533
- Nontaxable benefits
- $28,843
- Filer's total
- $200,261
-
Scot SchaefferSCOT SCHAEFFER
VP OF ENROLLMENT MANAGEMENT
- Total calculated
- $174,026
- From this org
- $143,185
- From related orgs
- $0
- Other
- $30,841
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,259
- Bonus
- $0
- Other
- $1,926
- Deferred
- $2,176
- Nontaxable benefits
- $28,665
- Filer's total
- $174,026
-
Jeffrey WelchJEFFREY WELCH
TREASURER & VP FINANCE & ADM
- Total calculated
- $167,880
- From this org
- $165,860
- From related orgs
- $0
- Other
- $2,020
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,466
- Bonus
- $0
- Other
- $3,394
- Deferred
- $2,020
- Nontaxable benefits
- $0
- Filer's total
- $167,880
-
Jonathan VanderwalJONATHAN VANDERWAL
HEAD COACH / ATHLETIC DIRECTOR
- Total calculated
- $161,473
- From this org
- $132,279
- From related orgs
- $0
- Other
- $29,194
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $119,084
- Bonus
- $12,500
- Other
- $695
- Deferred
- $1,700
- Nontaxable benefits
- $27,494
- Filer's total
- $161,473
-
John GroselJOHN GROSEL
PROFESSOR
- Total calculated
- $142,519
- From this org
- $120,778
- From related orgs
- $0
- Other
- $21,741
- Hours/week
- 40
-
Mark MillerMARK MILLER
SECRETARY / PROFESSOR
- Total calculated
- $124,257
- From this org
- $94,183
- From related orgs
- $0
- Other
- $30,074
- Hours/week
- 40
-
Kayleigh WilliamsKAYLEIGH WILLIAMS
ASST TREASURER
- Total calculated
- $97,123
- From this org
- $95,873
- From related orgs
- $0
- Other
- $1,250
- Hours/week
- 40
-
George W FentonGEORGE W FENTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert M BruckenROBERT M BRUCKEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Fred BentleyFRED BENTLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian BruckenBRIAN BRUCKEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Danielle CislerDANIELLE CISLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Janice D DonoghueJANICE D DONOGHUE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andrew FergusonANDREW FERGUSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James FryfogleJAMES FRYFOGLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rochelle Schrecongost GoodwinROCHELLE SCHRECONGOST GOODWIN
VICE CHAIR, BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
David HillDAVID HILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John E HopkinsJOHN E HOPKINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mary P KornMARY P KORN
CHAIR, BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
Diann KrivcheniaDIANN KRIVCHENIA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dan LeonardDAN LEONARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael L MoffittMICHAEL L MOFFITT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kevin R O'NeillKEVIN R O'NEILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie E PeloquinSTEPHANIE E PELOQUIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leslie C RitterLESLIE C RITTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Matthew B WeekleyMATTHEW B WEEKLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James S WilsonJAMES S WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kathryn BaileyKATHRYN BAILEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marc R PoncioneMARC R PONCIONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 1A
- HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: PURSUANT TO IRC 119 THE HOUSING PROVIDED TO THE PRESIDENT OF THE COLLEGE IS EXCLUDED FROM TAXATION. THERE IS NO CASH REIMBURSEMENT ISSUED TO THE PRESIDENT FOR THE HOUSING ALLOWANCE. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF MARIETTA COLLEGE, AND IT IS AVAILABLE FOR USE TO HOST FACULTY, STAFF, AND STUDENT FUNCTIONS. THE PRESIDENT WAS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF HIS EMPLOYMENT, AND HIS RESIDENCE IS CONTIGUOUS TO THE COLLEGE'S CAMPUS.
- SCHEDULE J, PART I, LINE 4B
- SECTION 457(F) SUPPLEMENTAL RETIREMENT PLAN PAYMENTS MADE BY ORGANIZATION: WILLIAM RUUD: DISTRIBUTION - $195,961 CONTRIBUTION - $90,000 JOSHUA JACOBS: CONTRIBUTION - $5,000
- SCHEDULE J, PART I, LINE 7
- NONFIXED PAYMENTS: JONATHAN VANDERWAL IS THE MEN'S HEAD BASKETBALL COACH. HE IS ELIGIBLE FOR ADDITIONAL COMPENSATION EACH YEAR BASED ON THE SUCCESS OF THE MEN'S BASKETBALL TEAM PER A SET SCHEDULE. THE AMOUNT REPORTED WAS BASED ON THAT SCHEDULE.
- SCHEDULE J, PART II, COLUMN D
- NONTAXABLE BENEFITS: THE AMOUNT OF NONTAXABLE BENEFITS REPORTED FOR EMILY SCHUCK INCLUDES TUITION ASSISTANCE IN THE AMOUNT OF $67,396. TUITION ASSISTANCE IS AVAILABLE TO ALL EMPLOYEES.
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 (1)
TRUST · CHAR. REM. TR · OH
-
BENEFICIAL INTEREST TRUST (9)
TRUST · BENF. INT. TR · OH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421179349301842
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.