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BABSON COLLEGE

EIN 04-2103544 WELLESLEY, MA

Revenue 2023
$358,779,440
Expenses 2023
$324,301,654

Program services were 85.3% 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
231 FOREST STREET ROOM 161 NIC

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).

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.

  • STEPHEN SPINELLI

    PRESIDENT

    Total calculated
    $898,681
    From this org
    $780,591
    From related orgs
    $0
    Other
    $118,090
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $561,081
    Bonus
    $100,000
    Other
    $119,510
    Deferred
    $42,996
    Nontaxable benefits
    $75,094
    Filer's total
    $898,681

  • HARSHA AGADI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • CHRISTINE ANGELAKIS

    TRUSTEE (UNTIL 10/16/23)

    Total calculated
    $0
    Hours/week
    1.2

  • THE HONORABLE CRAIG BENSON

    VICE CHAIR, BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    1.2

  • ETTORE V BIAGIONI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • PHILIP H BOUTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • MARTHA BUCKLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • ANDREW J BUTLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • STEVE CANNON

    TRUSTEE (UNTIL 9/28/23)

    Total calculated
    $0
    Hours/week
    1.2

  • CYRIL C CAMUS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • ANTHONY CHIASSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • WARREN CROSS JR

    VICE CHAIR, TRUSTEE (UNTIL OCT. 23)

    Total calculated
    $0
    Hours/week
    1.2

  • RICHELIEU DENNIS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • DEBORAH DE SANTIS

    VICE CHAIR, BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    1.2

  • BRETT A GORDON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • BRUCE HERRING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • RYUSUKE HONJO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • ERIC JOHNSON

    VICE CHAIR, BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    1.2

  • JOHN JOHNSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • FRED SC KIANG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • MICHAEL S LORBER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • WASI MAHI

    TRUSTEE (UNTIL 10/20/23)

    Total calculated
    $0
    Hours/week
    1.2

  • JEFFREY MCLANE

    TREASURER

    Total calculated
    $0
    Hours/week
    1.2

  • AUDREY MCLOUGHLIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

  • CHRISTOPHER MALONE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.2

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 — 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
    $358,779,440
    Expenses
    $324,301,654
    Contributions
    $54,837,938
    Grants paid
    $63,420,928
  • 2022
    Revenue
    $344,014,371
    Expenses
    $305,464,086
    Contributions
    $48,818,122
    Grants paid
    $62,386,411

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

  • 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

Nonprofiteer parses the Form 990 only. 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.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

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

Declared as related by

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 10 September 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.