- Revenue 2023
- $379,623,000
- Expenses 2023
- $299,250,000
Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B420
- Classification
- 2000
- Street
- 4130 MAYFLOWER HL
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2023
Mission
Colby College is the 12th oldest liberal arts college in the U.S. Distinctive in its offerings, Colby provides an intimate, undergraduate-focused learning environment with a breadth of programs presenting students and faculty with unparalleled opportunities. A vibrant and fully integrated academic, residential, and cocurricular experience is sustained by an inclusive and supportive community. Colby is a global institution with students representing nearly every U.S. state and over 50 countries.
Activities or mission (Part I)
Education
-
Post secondary education: Instruction of 2,282 undergraduate students in 2023/24. In the 2023/24 year, 532 students graduated, and an estimated 341 students studied away. 89% completed the degree within five years; the student/faculty ratio is 10:1. This includes expenditures for faculty, residence halls and dining, student and academic support services, campus maintenance services and other related costs.
Expenses $239,577,823 · Grants $67,169,304 · Revenue $195,802,002
As filed on the 2023 return.
Officers and directors · 2023
As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Greene David A
President
- Total calculated
- $3,037,048
- From this org
- $2,669,786
- From related orgs
- $0
- Other
- $367,262
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $1,131,075
- Bonus
- $1,200,000
- Other
- $338,711
- Deferred
- $231,302
- Nontaxable benefits
- $135,960
- Filer's total
- $3,037,048
-
Shufrin Deborah
Associate VP and Chief Investment Officer
- Total calculated
- $812,616
- From this org
- $768,825
- From related orgs
- $0
- Other
- $43,791
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $639,450
- Bonus
- $102,375
- Other
- $27,000
- Deferred
- $31,302
- Nontaxable benefits
- $12,489
- Filer's total
- $812,616
-
Trufant Nicole
Vice President for Administration and Chief Financial Officer
- Total calculated
- $507,815
- From this org
- $507,227
- From related orgs
- $0
- Other
- $588
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $460,000
- Bonus
- $10,227
- Other
- $37,000
- Deferred
- $0
- Nontaxable benefits
- $588
- Filer's total
- $507,815
-
Proto Matthew T
VP and Chief Institutional Advancement Officer
- Total calculated
- $472,644
- From this org
- $412,749
- From related orgs
- $0
- Other
- $59,895
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $412,500
- Bonus
- $0
- Other
- $249
- Deferred
- $31,302
- Nontaxable benefits
- $28,593
- Filer's total
- $472,644
-
Uchida Richard Y
Vice President, General Counsel and Secretary of the College
- Total calculated
- $435,566
- From this org
- $377,375
- From related orgs
- $0
- Other
- $58,191
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $377,375
- Bonus
- $0
- Other
- $0
- Deferred
- $31,302
- Nontaxable benefits
- $26,889
- Filer's total
- $435,566
-
McFadden Margaret T
Provost and Dean of Faculty
- Total calculated
- $421,205
- From this org
- $360,890
- From related orgs
- $0
- Other
- $60,315
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $360,890
- Bonus
- $0
- Other
- $0
- Deferred
- $31,302
- Nontaxable benefits
- $29,013
- Filer's total
- $421,205
-
Wood Julie
Vice President and Chief Human Resources Officer
- Total calculated
- $403,917
- From this org
- $373,500
- From related orgs
- $0
- Other
- $30,417
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $332,500
- Bonus
- $0
- Other
- $41,000
- Deferred
- $0
- Nontaxable benefits
- $30,417
- Filer's total
- $403,917
-
Stent Amanda
Director Davis Institute for AI
- Total calculated
- $342,104
- From this org
- $323,125
- From related orgs
- $0
- Other
- $18,979
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $322,875
- Bonus
- $0
- Other
- $250
- Deferred
- $6,635
- Nontaxable benefits
- $12,344
- Filer's total
- $342,104
-
Clark Brian J
Vice President of Planning
- Total calculated
- $334,983
- From this org
- $280,080
- From related orgs
- $0
- Other
- $54,903
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $280,080
- Bonus
- $0
- Other
- $0
- Deferred
- $26,310
- Nontaxable benefits
- $28,593
- Filer's total
- $334,983
-
Jackson Ruth J
Vice President and Chief of Staff
- Total calculated
- $331,841
- From this org
- $281,500
- From related orgs
- $0
- Other
- $50,341
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $266,500
- Bonus
- $15,000
- Other
- $0
- Deferred
- $24,952
- Nontaxable benefits
- $25,389
- Filer's total
- $331,841
-
Moore Barbara
Dean of Students
- Total calculated
- $329,760
- From this org
- $273,692
- From related orgs
- $0
- Other
- $56,068
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,492
- Bonus
- $0
- Other
- $30,200
- Deferred
- $25,651
- Nontaxable benefits
- $30,417
- Filer's total
- $329,760
-
Terrassa Jacqueline
Director, Museum of Art
- Total calculated
- $295,152
- From this org
- $258,510
- From related orgs
- $0
- Other
- $36,642
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $258,510
- Bonus
- $0
- Other
- $0
- Deferred
- $24,153
- Nontaxable benefits
- $12,489
- Filer's total
- $295,152
-
Wisecup Michael D
Vice President and Director of Athletics
- Total calculated
- $277,542
- From this org
- $253,920
- From related orgs
- $0
- Other
- $23,622
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $253,200
- Bonus
- $720
- Other
- $0
- Deferred
- $23,622
- Nontaxable benefits
- $0
- Filer's total
- $277,542
-
King D Whitney
Professor
- Total calculated
- $267,162
- From this org
- $219,379
- From related orgs
- $0
- Other
- $47,783
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,500
- Bonus
- $0
- Other
- $3,879
- Deferred
- $19,852
- Nontaxable benefits
- $27,931
- Filer's total
- $267,162
-
Terp Douglas C
Former Vice President for Administration and CFO
- Total calculated
- $266,832
- From this org
- $217,561
- From related orgs
- $0
- Other
- $49,271
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $214,515
- Bonus
- $0
- Other
- $3,046
- Deferred
- $19,754
- Nontaxable benefits
- $29,517
- Filer's total
- $266,832
-
Hurney Carol
Assoc Provost for Teaching & Learning
- Total calculated
- $234,697
- From this org
- $193,800
- From related orgs
- $0
- Other
- $40,897
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,800
- Bonus
- $0
- Other
- $0
- Deferred
- $17,682
- Nontaxable benefits
- $23,215
- Filer's total
- $234,697
-
Burrell-McRae Karlene A
Former Dean of College
- Total calculated
- $201,755
- From this org
- $172,620
- From related orgs
- $0
- Other
- $29,135
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,170
- Bonus
- $0
- Other
- $8,450
- Deferred
- $14,719
- Nontaxable benefits
- $14,416
- Filer's total
- $201,755
-
Burkett Gustavo
Dean of College
- Total calculated
- $159,456
- From this org
- $148,576
- From related orgs
- $0
- Other
- $10,880
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,286
- Bonus
- $22,894
- Other
- $1,396
- Deferred
- $0
- Nontaxable benefits
- $10,880
- Filer's total
- $159,456
-
Epstein David
Trustee, Part-time instructor
- Total calculated
- $5,500
- From this org
- $5,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Powers Jane M
Chair of the Board
- Total calculated
- $0
- Hours/week
- 5
-
Boland Susan E
Vice Chair of the Board
- Total calculated
- $0
- Hours/week
- 5
-
O'Neil III John J
Vice Chair of the Board
- Total calculated
- $0
- Hours/week
- 5
-
Alfond William
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Allen Brenda
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Athanasia Dean
Trustee
- Total calculated
- $0
- Hours/week
- 5
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2023
- Revenue
- $379,623,000
- Expenses
- $299,250,000
- Contributions
- $122,793,000
- Grants paid
- $67,196,134
-
2022
- Revenue
- $287,466,000
- Expenses
- $284,605,000
- Contributions
- $37,619,000
- Grants paid
- $58,198,926
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $403,263,000
- Expenses
- $260,146,000
- Assets (EOY)
- $2,249,032,000
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $290,124,000
- Expenses
- $230,448,000
- Assets (EOY)
- $2,242,751,000
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $292,366,000
- Expenses
- $212,296,000
- Assets (EOY)
- $1,856,024,000
-
2018 · 990
- Revenue
- $285,005,000
- Expenses
- $210,884,000
- Assets (EOY)
- $1,822,747,000
-
2017 · 990
- Revenue
- $401,780,000
- Expenses
- $200,996,000
- Assets (EOY)
- $1,697,505,000
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
City of Waterville Inc
$100,000
2023 General support
-
Town of St George
$91,293
2023 General support
-
$82,333
2022 General Support
-
$81,500
2023 General support
-
Town of St George
$81,293
2022 General Support
-
$70,500
2022 General Support
-
$46,500
2023 General Support
-
$36,811
2023 General Support
-
$15,000
2023 Support to the Robert Pape Research Fund.
-
$10,200
2023 General Support
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$7,461,253
2023 For grant recipient's exempt purposes
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$6,656,685
2022 For grant recipient's exempt purposes
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$3,533,903
2024 For grant recipient's exempt purposes
-
$2,696,300
2024 EDUCATION
-
$2,124,350
2023 EDUCATION
-
$613,500
2022 EDUCATION
-
DONOR ADVISED CHARITABLE GIVING
$605,980
2024 EDUCATION
-
GOLDMAN SACHS CHARITABLE GIFT FUND
$435,000
2024 EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
-
GOLDMAN SACHS CHARITABLE GIFT FUND
$412,000
2023 SCHOLARSHIPS & FINANCIAL AID
-
GOLDMAN SACHS CHARITABLE GIFT FUND
$387,000
2024 SCHOLARSHIPS & FINANCIAL AID
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2023 return
-
Mayflower Hill Broadcasting WMHB
501(c)(3) · operation of radio station · ME · controlled entity
Declared as related by
-
On its 2024 return
-
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2023 return
-
Elm City LLC
Real Estate Development · ME · income $0 · assets $0
-
Elm City 9 LLC
Real Estate Development · ME · income $5,942,000 · assets $15,643,000
-
Elm City 173 LLC
Real Estate Development · ME · income $271,000 · assets $5,002,000
-
Elm City 20 LLC
Real Estate Development · ME · income $0 · assets $0
-
Elm City 13 LLC
Real Estate Development · ME · income $0 · assets $687,000
-
Elm City 14 LLC
Real Estate Development · ME · income $0 · assets $0
-
Elm City 93 LLC
Real Estate Development · ME · income $200,000 · assets $1,061,000
Related corporations and trusts on its 2023 return
-
Charitable Remainder Trust (19)
T · Charitable Remainder Unitrust · ME · controlled entity
-
Charitable Remainder Annuity Trust (1)
T · Charitable Remainder Annuity Trust · ME · controlled entity
-
Colby College Pooled Income Fund B (1)
T · Pooled Income Fund · ME · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.