Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $72,525

• 1e · Government grants (contributions)

  $4,866,074

• 1f · All other contributions, gifts and grants

  $31,412,948

• 1g · Noncash contributions included above

  $20,276,094

• 2a · Program service revenue: STUDENT TUITION & FEES

  total $102,873,320 · related or exempt $102,873,320

• 2b · Program service revenue: STUDENT ROOM & BOARD

  total $31,977,120 · related or exempt $31,977,120

• 2c · Program service revenue: AUXILIARY REVENUE

  total $4,699,277 · related or exempt $4,699,277

• 3 · Investment income

  total $2,782,997 · excluded $2,782,997

• 6a · Gross rents

  real property $162,978

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $162,978

• 6d · Net rental income or loss

  total $162,978 · excluded $162,978

• 7a · Gross sales of assets other than inventory

  securities $49,156,299 · other assets $29,942

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

  securities $35,832,250 · other assets $0

• 7c · Gain or loss

  securities $13,324,049 · other assets $29,942

• 7d · Net gain or loss

  total $13,353,991 · excluded $13,353,991

• 8a · Fundraising events: gross income

  $106,840

• 8a · Fundraising events: contributions included on line 1c

  $72,525

• 8b · Fundraising events: direct expenses

  $222,799

• 8c · Net income from fundraising events

  total -$115,959 · excluded -$115,959

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $63,481,457 · program services $63,481,457

• 3 · Grants to foreign organizations and individuals

  total $483,550 · program services $483,550

• 5 · Compensation of officers, directors and key employees

  total $2,127,240 · program services $463,588 · management and general $914,269 · fundraising $749,383

• 7 · Other salaries and wages

  total $38,672,510 · program services $31,904,653 · management and general $5,040,147 · fundraising $1,727,710

• 8 · Pension plan contributions

  total $2,482,597 · program services $2,048,847 · management and general $323,014 · fundraising $110,736

• 9 · Other employee benefits

  total $8,531,775 · program services $6,955,118 · management and general $1,200,783 · fundraising $375,874

• 10 · Payroll taxes

  total $2,649,939 · program services $2,057,805 · management and general $482,778 · fundraising $109,356

• 11b · Fees: legal

  total $89,765 · program services $12,786 · management and general $76,979

• 11c · Fees: accounting

  total $197,026 · management and general $197,026

• 11f · Fees: investment management

  total $496,537 · management and general $496,537

• 11g · Fees: other

  total $4,421,050 · program services $3,833,446 · management and general $491,881 · fundraising $95,723

• 12 · Advertising and promotion

  total $1,017,624 · program services $329,515 · management and general $631,221 · fundraising $56,888

• 13 · Office expenses

  total $3,016,610 · program services $2,193,146 · management and general $538,607 · fundraising $284,857

• 14 · Information technology

  total $2,736,495 · program services $1,245,105 · management and general $1,333,823 · fundraising $157,567

• 16 · Occupancy

  total $6,230,630 · program services $5,952,930 · management and general $225,757 · fundraising $51,943

• 17 · Travel

  total $2,346,183 · program services $2,202,784 · management and general $28,913 · fundraising $114,486

• 19 · Conferences, conventions and meetings

  total $286,942 · program services $258,377 · management and general $19,870 · fundraising $8,695

• 20 · Interest

  total $2,729,315 · program services $2,451,442 · management and general $224,540 · fundraising $53,333

• 22 · Depreciation, depletion and amortization

  total $7,127,344 · program services $4,565,822 · management and general $2,069,882 · fundraising $491,640

• 23 · Insurance

  total $814,958 · management and general $814,958

• 24a · Other expenses: DINING SERVICES

  total $7,121,553 · program services $7,121,553

• 24b · Other expenses: CATERING & DINING

  total $778,187 · program services $648,661 · management and general $45,145 · fundraising $84,381

• 24c · Other expenses: BOOKS & PERIODICALS

  total $672,563 · program services $670,804 · management and general $1,737 · fundraising $22

• 24d · Other expenses: MEMBERSHIPS

  total $304,084 · program services $153,493 · management and general $133,430 · fundraising $17,161

• 24e · All other expenses

  total $875,555 · program services $343,358 · management and general $460,199 · fundraising $71,998

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,916,137 · end of year $2,485,813

• 2 · Savings and temporary cash investments

  beginning of year $13,599,978 · end of year $19,439,912

• 3 · Pledges and grants receivable

  beginning of year $11,771,303 · end of year $12,628,862

• 4 · Accounts receivable

  beginning of year $4,045,027 · end of year $4,126,677

• 7 · Other notes and loans receivable

  beginning of year $892,265 · end of year $338,691

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,689,303 · end of year $3,071,825

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

  $243,003,060

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

  $95,866,862

• 10c · Land, buildings and equipment, net

  beginning of year $123,973,535 · end of year $147,136,198

• 11 · Investments: publicly traded securities

  beginning of year $72,584,953 · end of year $82,100,073

• 12 · Investments: other securities

  beginning of year $141,180,044 · end of year $149,905,867

• 15 · Other assets

  beginning of year $7,436,954 · end of year $27,806,242

• 17 · Accounts payable and accrued expenses

  beginning of year $12,042,350 · end of year $12,507,124

• 19 · Deferred revenue

  beginning of year $4,903,445 · end of year $5,457,967

• 20 · Tax-exempt bond liabilities

  beginning of year $75,701,888 · end of year $99,934,567

• 24 · Unsecured notes and loans payable

  beginning of year $1,237,108 · end of year $1,014,994

• 25 · Other liabilities

  beginning of year $1,555,077 · end of year $1,561,349

• 27 · Net assets without donor restrictions

  beginning of year $168,233,318 · end of year $183,068,575

• 28 · Net assets with donor restrictions

  beginning of year $116,416,313 · end of year $145,495,584

The filer's explanations (Part III)

PART I, LINE 1A

HOUSING ALLOWANCE OF RESIDENCE FOR PERSONAL USE - THE PRESIDENT OF THE COLLEGE LIVES IN AN OFF-CAMPUS HOUSE THE VALUE OF WHICH IS REPORTED AS TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE LAWS. THE COLLEGE COVERS THE COST OF ROUTINE UTILITIES, ROUTINE HOME MAINTENANCE AND REPAIR, LAWN SERVICES, AND SNOW REMOVAL FOR THE COLLEGE-OWNED PROPERTY. THESE COSTS ARE NOT TAXABLE TO THE PRESIDENT. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - THE SENIOR VICE PRESIDENT FOR COLLEGE ADVANCEMENT HAS A MEMBERSHIP TO A LOCAL COUNTRY CLUB PAID FOR BY THE COLLEGE. THE BUSINESS PURPOSE IS FOR THE ENTERTAINMENT OF POTENTIAL DONORS TO THE COLLEGE OR OTHER IMPORTANT GUESTS. THE FAIR VALUE OF PERSONAL USAGE, IF ANY, IS ADDED TO THE EMPLOYEE'S TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE TAX LAW.

PART I, LINE 4B

NON-QUALIFIED RETIREMENT PLAN THE PRESIDENT PARTICIPATES IN A DEFERRED COMPENSATION PLAN. THE PRESIDENT IS ENTITLED TO FURTHER PAYMENT UNDER THE PLAN WHICH IS SCHEDULED TO VEST EFFECTIVE JUNE 30, 2026.

PART I, LINE 7

A DISCRETIONARY PAY-FOR-PERFORMANCE BONUS WAS PAID TO CERTAIN COLLEGE ADMINISTRATORS AND STAFF. SUCH PAYMENTS WERE BASED ON THEIR ANNUAL EVALUATION AND DECIDED BY THEIR SUPERVISOR AND SENIOR LEADERSHIP.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• BOW REALTY LLC

  COMMERICAL REAL ESTATE HOLDING · NH · income $162,978 · assets $20,000,000

  Directly controlled by SAINT ANSELM COLLEGE

Related corporations and trusts

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

• CHARITABLE REMAINDER TRUSTS (7)

  EDUCATION · NH