Totals
- Total revenue
- $253,821,366
- Total expenses
- $201,618,132
- Contributions and grants received
- $56,265,114
- Grants paid
- $59,908,950
- Program service revenue
- $153,571,429
- Investment income
- $39,129,698
- Other revenue
- $4,855,125
- Total assets, end of year
- $1,168,657,456
- Total liabilities, end of year
- $289,460,956
- Net assets or fund balances, end of year
- $879,196,500
- Program services expenses (Part IX)
- $180,214,549
- Management and general expenses
- $16,174,944
- Fundraising expenses
- $5,228,639
- Program service expenses (Part III)
- $180,214,549
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)
$1,774,648
-
1f · All other contributions, gifts and grants
$54,490,466
-
1g · Noncash contributions included above
$20,396,206
-
2a · Program service revenue: TUITION AND FEES
total $125,468,001 · related or exempt $125,468,001
-
2b · Program service revenue: AUXILIARY ENTERPRISES
total $27,201,192 · related or exempt $27,201,192
-
2c · Program service revenue: BOOKSTORE
total $902,236 · related or exempt $902,236
-
3 · Investment income
total $7,062,976 · unrelated business -$335,771 · excluded $7,398,747
-
6a · Gross rents
real property $48,386
-
6b · Less rental expenses
real property $144,677
-
6c · Rental income or loss
real property -$96,291
-
6d · Net rental income or loss
total -$96,291 · unrelated business -$96,291
-
7a · Gross sales of assets other than inventory
securities $141,118,992
-
7b · Less cost or other basis and sales expenses
securities $108,807,261 · other assets $245,009
-
7c · Gain or loss
securities $32,311,731 · other assets -$245,009
-
7d · Net gain or loss
total $32,066,722 · excluded $32,066,722
-
11a · Other revenue: CONFERENCES & SEMINARS
total $1,437,215 · related or exempt $767,213 · unrelated business $670,002
-
11b · Other revenue: LAUNDRY/VENDING
total $66,440 · related or exempt $66,440
-
11c · Other revenue: FINES
total $21,153 · related or exempt $21,153
-
11d · All other revenue
total $3,426,608 · related or exempt $3,426,608
-
11e · Other revenue, total
$4,951,416
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $55,710,266 · program services $55,710,266
-
3 · Grants to foreign organizations and individuals
total $4,198,684 · program services $4,198,684
-
5 · Compensation of officers, directors and key employees
total $2,163,400 · program services $540,850 · management and general $1,233,138 · fundraising $389,412
-
7 · Other salaries and wages
total $52,180,529 · program services $45,917,027 · management and general $3,411,002 · fundraising $2,852,500
-
8 · Pension plan contributions
total $4,193,071 · program services $3,647,532 · management and general $269,025 · fundraising $276,514
-
9 · Other employee benefits
total $9,879,859 · program services $8,459,891 · management and general $802,257 · fundraising $617,711
-
10 · Payroll taxes
total $3,945,545 · program services $3,269,087 · management and general $446,697 · fundraising $229,761
-
11b · Fees: legal
total $2,258,763 · program services $1,990,621 · management and general $268,142
-
11c · Fees: accounting
total $138,923 · management and general $138,923
-
11f · Fees: investment management
total $1,735,983 · management and general $1,735,983
-
11g · Fees: other
total $4,023,396 · program services $1,230,463 · management and general $2,762,027 · fundraising $30,906
-
13 · Office expenses
total $1,942,989 · program services $1,747,449 · management and general $161,969 · fundraising $33,571
-
14 · Information technology
total $2,088,558 · program services $499,660 · management and general $1,588,898
-
16 · Occupancy
total $4,369,801 · program services $4,369,801
-
17 · Travel
total $5,456,648 · program services $4,751,602 · management and general $458,503 · fundraising $246,543
-
20 · Interest
total $10,362,389 · program services $10,362,389
-
22 · Depreciation, depletion and amortization
total $16,421,806 · program services $15,437,881 · management and general $880,609 · fundraising $103,316
-
23 · Insurance
total $1,061,859 · program services $297,493 · management and general $764,366
-
24a · Other expenses: FOOD SERVICE
total $6,096,282 · program services $6,096,282
-
24b · Other expenses: OFF-CAMPUS STUDIES PROG
total $5,255,047 · program services $5,255,047
-
24c · Other expenses: INSTRUCTIONAL SUPPORT
total $1,391,692 · program services $1,387,097 · management and general $4,557 · fundraising $38
-
24d · Other expenses: STUDENTS SVCS.SUPPLIES&
total $625,243 · program services $625,243
-
24e · All other expenses
total $6,117,399 · program services $4,420,184 · management and general $1,248,848 · fundraising $448,367
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $33,700,945 · end of year $35,321,206
-
3 · Pledges and grants receivable
beginning of year $38,774,038 · end of year $23,657,796
-
4 · Accounts receivable
beginning of year $5,239,161 · end of year $5,498,331
-
8 · Inventories for sale or use
beginning of year $1,013,286 · end of year $1,218,533
-
10a · Land, buildings and equipment: cost or other basis
$625,620,768
-
10b · Land, buildings and equipment: accumulated depreciation
$228,267,745
-
10c · Land, buildings and equipment, net
beginning of year $389,952,723 · end of year $397,353,023
-
11 · Investments: publicly traded securities
beginning of year $59,448,036 · end of year $77,942,635
-
12 · Investments: other securities
beginning of year $493,349,248 · end of year $528,111,373
-
13 · Investments: program-related
beginning of year $4,103,589 · end of year $3,797,142
-
15 · Other assets
beginning of year $57,046,114 · end of year $95,757,417
-
17 · Accounts payable and accrued expenses
beginning of year $7,723,324 · end of year $9,370,820
-
20 · Tax-exempt bond liabilities
beginning of year $262,827,650 · end of year $260,303,093
-
25 · Other liabilities
beginning of year $15,673,775 · end of year $19,787,043
-
27 · Net assets without donor restrictions
beginning of year $403,332,096 · end of year $424,179,841
-
28 · Net assets with donor restrictions
beginning of year $393,070,295 · end of year $455,016,659
Mission and programs · 2023
Mission
SEE SCHEDULE O
Activities or mission (Part I)
KENYON COLLEGE IS A PRIVATE LIBERAL ARTS EDUCATIONAL INSTITUTION WITH APPROXIMATELY 1,800 STUDENTS AND 200 PROFESSORS. THE COLLEGE HAS 18 DEPARTMENTS AND 13 INTERDISCIPLINARY PROGRAMS.
-
THE COLLEGE OFFERS 26 MAJORS LEADING TO A BACHELOR'S DEGREE WITH A STUDENT-TO-FACULTY RATIO OF 10 TO 1. IN ADDITION, THE COLLEGE OFFERS 10 CONCENTRATIONS; PRE-PROFESSIONAL ADVISING FOR GRADUATE OR PROFESSIONAL SCHOOL IN BUSINESS, EDUCATION, ENGINEERING, LAW, AND MEDICINE; AND A NUMBER OF COOPERATIVE PROGRAMS INVOLVING OTHER INSTITUTIONS. STUDENT LIFE IS ACTIVE AND MULTIFACETED INCLUDING INTERCOLLEGIATE AND INTRAMURAL ATHLETICS, PERFORMING ARTS GROUPS, SORORITIES AND FRATERNITIES, AND EDUCATIONAL OPPORTUNITIES IN SEVERAL FOREIGN COUNTRIES. THE COLLEGE'S ON-CAMPUS ENROLLMENT IS APPROXIMATELY 1,800 STUDENTS.
Expenses $180,214,549 · Grants $59,908,950 · Revenue $157,852,843
As filed on the 2023 return.
Listed in Part VII
-
Aileen C HefferrenAILEEN C HEFFERREN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Susan TomaskySUSAN TOMASKY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Judith GilbertJUDITH GILBERT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Mike ArbourMIKE ARBOUR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brackett B DennistonBRACKETT B DENNISTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Diane ElamDIANE ELAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Annie Hanna EngelANNIE HANNA ENGEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rose Brintlinger FealyROSE BRINTLINGER FEALY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James FinnJAMES FINN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nina P FreedmanNINA P FREEDMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Elisabetta GhisiniELISABETTA GHISINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
R Todd GiardinelliR TODD GIARDINELLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Hope C HarrodHOPE C HARROD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pamela Feitler Hoehn-SaricPAMELA FEITLER HOEHN-SARIC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David HorvitzDAVID HORVITZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark IsraelMARK ISRAEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Benita JacksonBENITA JACKSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Antionette KeckANTIONETTE KECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Aasem G KhalilAASEM G KHALIL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Melzetta MoodyMELZETTA MOODY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Liz MyersLIZ MYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James F ParkerJAMES F PARKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Densil PorteousDENSIL PORTEOUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian SeldenBRIAN SELDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Maraleen ShieldsMARALEEN SHIELDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karl SlatoffKARL SLATOFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
D Matthew VoorheesD MATTHEW VOORHEES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Matthew A WinklerMATTHEW A WINKLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alexander W WrightALEXANDER W WRIGHT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey BowmanJEFFREY BOWMAN
ACTING PRES.(UNTIL 9/23)/PROVOST
- Total calculated
- $389,175
- From this org
- $343,934
- From related orgs
- $0
- Other
- $45,241
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $343,934
- Bonus
- $0
- Other
- $0
- Deferred
- $31,350
- Nontaxable benefits
- $13,891
- Filer's total
- $389,175
-
Julie KornfeldJULIE KORNFELD
PRESIDENT (BEG. 10/23)
- Total calculated
- $190,265
- From this org
- $161,683
- From related orgs
- $0
- Other
- $28,582
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $145,841
- Bonus
- $0
- Other
- $15,842
- Deferred
- $14,250
- Nontaxable benefits
- $14,332
- Filer's total
- $190,265
-
Todd BursonTODD BURSON
VP FOR FINANCE
- Total calculated
- $281,985
- From this org
- $228,690
- From related orgs
- $0
- Other
- $53,295
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $228,690
- Bonus
- $0
- Other
- $0
- Deferred
- $22,688
- Nontaxable benefits
- $30,607
- Filer's total
- $281,985
-
Colleen GarlandCOLLEEN GARLAND
VP FOR ADVANCEMENT
- Total calculated
- $387,235
- From this org
- $305,133
- From related orgs
- $0
- Other
- $82,102
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $305,133
- Bonus
- $0
- Other
- $0
- Deferred
- $78,896
- Nontaxable benefits
- $3,206
- Filer's total
- $387,235
-
Sheryl HemkinSHERYL HEMKIN
ACTING PROVOST(UNTIL 9/23)/ASSOC.PROVOST
- Total calculated
- $237,182
- From this org
- $203,927
- From related orgs
- $0
- Other
- $33,255
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,927
- Bonus
- $0
- Other
- $0
- Deferred
- $19,401
- Nontaxable benefits
- $13,854
- Filer's total
- $237,182
-
Kathryn LakeKATHRYN LAKE
DIR.-BOARD RELATIONS&PRES.EVENTS
- Total calculated
- $94,770
- From this org
- $74,830
- From related orgs
- $0
- Other
- $19,940
- Hours/week
- 40
-
Nicholas NeuererNICHOLAS NEUERER
CONTROLLER
- Total calculated
- $155,347
- From this org
- $116,142
- From related orgs
- $0
- Other
- $39,205
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $116,142
- Bonus
- $0
- Other
- $0
- Deferred
- $11,707
- Nontaxable benefits
- $27,498
- Filer's total
- $155,347
-
Ian SmithIAN SMITH
VP FACILITIES,PLANNING&SUSTAIN.
- Total calculated
- $185,408
- From this org
- $166,791
- From related orgs
- $0
- Other
- $18,617
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,791
- Bonus
- $0
- Other
- $0
- Deferred
- $15,758
- Nontaxable benefits
- $2,859
- Filer's total
- $185,408
-
Diane AnciDIANE ANCI
VP ENROLL.MGMT.&DEAN-ADMISSIONS
- Total calculated
- $317,923
- From this org
- $235,866
- From related orgs
- $0
- Other
- $82,057
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $235,866
- Bonus
- $0
- Other
- $0
- Deferred
- $43,687
- Nontaxable benefits
- $38,370
- Filer's total
- $317,923
-
Ronald GriggsRONALD GRIGGS
VP LIBRARY&INFO.SERVICES
- Total calculated
- $226,231
- From this org
- $181,478
- From related orgs
- $0
- Other
- $44,753
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,478
- Bonus
- $0
- Other
- $0
- Deferred
- $18,000
- Nontaxable benefits
- $26,753
- Filer's total
- $226,231
-
Celestino LimasCELESTINO LIMAS
VP STUDENT AFFAIRS
- Total calculated
- $240,072
- From this org
- $193,108
- From related orgs
- $0
- Other
- $46,964
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,108
- Bonus
- $0
- Other
- $0
- Deferred
- $19,077
- Nontaxable benefits
- $27,887
- Filer's total
- $240,072
-
Janet MarsdenJANET MARSDEN
VP COMMUNICATIONS
- Total calculated
- $215,259
- From this org
- $177,740
- From related orgs
- $0
- Other
- $37,519
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,740
- Bonus
- $0
- Other
- $0
- Deferred
- $17,378
- Nontaxable benefits
- $20,141
- Filer's total
- $215,259
-
Richard LoveringRICHARD LOVERING
VP AND GENERAL COUNSEL
- Total calculated
- $204,709
- From this org
- $204,494
- From related orgs
- $0
- Other
- $215
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $204,494
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $215
- Filer's total
- $204,709
-
Susan MorseSUSAN MORSE
PRESIDENT'S CHIEF OF STAFF
- Total calculated
- $224,491
- From this org
- $191,640
- From related orgs
- $0
- Other
- $32,851
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,640
- Bonus
- $0
- Other
- $0
- Deferred
- $18,580
- Nontaxable benefits
- $14,271
- Filer's total
- $224,491
-
Sharon WilliamsSHARON WILLIAMS
ASSOC.VP DEVELOPMENT
- Total calculated
- $206,842
- From this org
- $186,260
- From related orgs
- $0
- Other
- $20,582
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,260
- Bonus
- $0
- Other
- $0
- Deferred
- $17,628
- Nontaxable benefits
- $2,954
- Filer's total
- $206,842
-
Theodore MasonTHEODORE MASON
ASSOC.PROVOST FOR DEI
- Total calculated
- $212,378
- From this org
- $168,430
- From related orgs
- $0
- Other
- $43,948
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,430
- Bonus
- $0
- Other
- $0
- Deferred
- $16,395
- Nontaxable benefits
- $27,553
- Filer's total
- $212,378
-
Ira SukrungruangIRA SUKRUNGRUANG
PROFESSOR OF CREATIVE WRITING
- Total calculated
- $206,763
- From this org
- $166,466
- From related orgs
- $0
- Other
- $40,297
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,746
- Bonus
- $0
- Other
- $19,720
- Deferred
- $12,741
- Nontaxable benefits
- $27,556
- Filer's total
- $206,763
-
Joseph KlesnerJOSEPH KLESNER
PROFESSOR OF POLITICAL SCIENCE
- Total calculated
- $205,782
- From this org
- $161,910
- From related orgs
- $0
- Other
- $43,872
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,910
- Bonus
- $0
- Other
- $0
- Deferred
- $16,305
- Nontaxable benefits
- $27,567
- Filer's total
- $205,782
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 · Discretionary spending account
- 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 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 OFFICERS - THE COLLEGE PROVIDED THE FOLLOWING BENEFITS TO ITS PRESIDENT: PAYMENT OF MEMBERSHIP DUES FOR THE UNION CLUB AND THE MOUNT VERNON COUNTRY CLUB; RESIDENCE ON CAMPUS FOR PERSONAL USE AS WELL AS JOB-RELATED ACTIVITIES; MAID SERVICE FOR THE PRESIDENT'S ON-CAMPUS HOME; AND A DISCRETIONARY SPENDING ACCOUNT TO FURTHER THE COLLEGE'S MISSION. THE COLLEGE DID NOT TREAT THE VALUE OF THE REMAINING BENEFITS AS TAXABLE INCOME FOR THE PRESIDENT AS EXPENSES WERE INCURRED FOR COLLEGE-RELATED PURPOSES. THE PRESIDENT'S HOME IS SUBSTANTIALLY USED FOR COLLEGE PURPOSES SINCE THE PRESIDENT HOSTS MANY FUNCTIONS AT THE RESIDENCE. ADDITIONALLY, THE CLUB MEMBERSHIPS ARE HELD IN THE NAMES OF THE PRESIDENT AND THE COLLEGE, AND THE COLLEGE OCCASIONALLY USES THE CLUBS FOR EVENTS AND MEETINGS.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · PUBLICATIONS · OH · controlled entity
Directly controlled by KENYON COLLEGE
-
501(C)(3) · LAND PRESERVATION · OH · controlled entity
Directly controlled by KENYON COLLEGE
-
501(C)(3) · EDUC.CONSORTIUM · OH
-
GREAT LAKES COLLEGES ASSOCIATION INC
501(C)(3) · EDUC.CONSORTIUM · MI
-
501(C)(3) · ART GALLERY · OH · controlled entity
Directly controlled by KENYON COLLEGE
-
501(C)(13) · CEMETERY · OH · controlled entity
Directly controlled by KENYON COLLEGE
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.
-
KENYON INN MANAGEMENT CO
C · HOTEL MGMT.SVC. · OH · 100% owned · share of income -$323,096 · share of assets $245,311 · controlled entity
Directly controlled by KENYON COLLEGE
-
CHARITABLE REMAINDER TRUSTS (9)
T · CHARITABLE TRUST · OH
Directly controlled by KENYON COLLEGE
-
CHARITABLE REMAINDER TRUSTS (1)
T · CHARITABLE TRUST · CA
Directly controlled by KENYON COLLEGE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521329349304017
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