Civic Intelligence

Vassar College

990 • Fiscal year 2024 • EIN 14-1338587

Jul 01, 2023 to Jun 30, 2024 • Filed on May 14, 2025

Organization Profilewww.vassar.edu

View Organization Page

124 Raymond Ave Box 12Poughkeepsie, NY 12604

(845) 437-7000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.18x

Higher debt load relative to assets than 34% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

1.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

30th percentile

1.8%

Higher net margin than 30% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$820,158

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

32nd percentile

4.8%

Faster asset growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

15%

Faster revenue growth than 67% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$1,926,108,246

Up $88,644,949 (+4.8%) from 2023

Net Assets

Up

$1,573,307,833

Up $104,383,894 (+7.1%) from 2023

Liabilities

Down

$352,800,413

Down $15,738,945 (-4.3%) from 2023

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin30th percentile

Revenue

Up

$327,504,520

Up $43,058,451 (+15%) from 2023

Expenses

Up

$321,644,155

Up $16,255,735 (+5.3%) from 2023

Net Income

Up

$5,860,365

Up $26,802,716 (+128%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0B$1.5B$1.0B$500M$0Assets 2010: $1,191,958,284Liabilities 2010: $269,464,742Net Assets 2010: $922,493,5422010Assets 2011: $1,328,944,763Liabilities 2011: $254,944,473Net Assets 2011: $1,074,000,2902011Assets 2012: $1,308,325,531Liabilities 2012: $267,396,765Net Assets 2012: $1,040,928,7662012Assets 2013: $1,484,373,616Liabilities 2013: $340,379,708Net Assets 2013: $1,143,993,9082013Assets 2014: $1,592,140,484Liabilities 2014: $350,827,114Net Assets 2014: $1,241,313,3702014Assets 2015: $1,572,378,943Liabilities 2015: $347,997,570Net Assets 2015: $1,224,381,3732015Assets 2016: $1,488,906,379Liabilities 2016: $346,469,179Net Assets 2016: $1,142,437,2002016Assets 2017: $1,563,329,555Liabilities 2017: $346,633,559Net Assets 2017: $1,216,695,9962017Assets 2018: $1,615,709,260Liabilities 2018: $334,892,477Net Assets 2018: $1,280,816,7832018Assets 2019: $1,664,684,555Liabilities 2019: $349,104,936Net Assets 2019: $1,315,579,6192019Assets 2020: $1,663,039,023Liabilities 2020: $384,293,642Net Assets 2020: $1,278,745,3812020Assets 2021: $1,964,941,927Liabilities 2021: $378,007,195Net Assets 2021: $1,586,934,7322021Assets 2022: $1,787,979,827Liabilities 2022: $362,302,115Net Assets 2022: $1,425,677,7122022Assets 2023: $1,837,463,297Liabilities 2023: $368,539,358Net Assets 2023: $1,468,923,9392023Assets 2024: $1,926,108,246Liabilities 2024: $352,800,413Net Assets 2024: $1,573,307,8332024

Highlighted filing

2024

Assets$1,926,108,246
Liabilities$352,800,413
Net Assets$1,573,307,833
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400M$300M$200M$100M$0-$100MExpenses 2010: $213,263,0892010Expenses 2011: $217,022,6342011Expenses 2012: $230,272,7732012Expenses 2013: $226,932,5182013Revenue 2014: $247,684,504Expenses 2014: $236,871,183Net Income 2014: $10,813,3212014Revenue 2015: $238,861,288Expenses 2015: $242,231,262Net Income 2015: -$3,369,9742015Revenue 2016: $223,044,874Expenses 2016: $250,258,972Net Income 2016: -$27,214,0982016Revenue 2017: $311,428,387Expenses 2017: $258,433,907Net Income 2017: $52,994,4802017Revenue 2018: $279,850,462Expenses 2018: $273,731,996Net Income 2018: $6,118,4662018Revenue 2019: $301,504,172Expenses 2019: $277,734,522Net Income 2019: $23,769,6502019Revenue 2020: $259,994,278Expenses 2020: $277,245,588Net Income 2020: -$17,251,3102020Revenue 2021: $315,019,195Expenses 2021: $284,023,820Net Income 2021: $30,995,3752021Revenue 2022: $307,212,205Expenses 2022: $294,849,344Net Income 2022: $12,362,8612022Revenue 2023: $284,446,069Expenses 2023: $305,388,420Net Income 2023: -$20,942,3512023Revenue 2024: $327,504,520Expenses 2024: $321,644,155Net Income 2024: $5,860,3652024

Highlighted filing

2024

Revenue$327,504,520
Expenses$321,644,155
Net Income$5,860,365
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$722,777,026
Mission and Program Overview

Mission

The mission of Vassar College is to make accessible "the means of a thorough, well-proportioned and liberal education" that inspires each individual to lead a purposeful life. The College makes possible an education that promotes analytical, informed, and independent thinking and sound judgment; encourages articulate expression; and nurtures intellectual curiosity, creativity, respectful debate and engaged citizenship. Vassar supports a high standard of engagement in teaching and learning, scholarship and artistic endeavor; a broad and deep curriculum; and a residential campus that fosters a learning community. Founded in 1861 to provide women an education equal to that once available only to men, Vassar is now open to all and strives to pursue diversity, inclusion, and equity as essential components of a rich intellectual and cultural environment in which all members, including those from underrepresented and marginalized groups, are valued and empowered to thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,008,126,763$1,021,795,843▲ $13,669,080
Land, Buildings, and Equipment, Net$503,802,942$535,193,371▲ $31,390,429
Investments in Publicly Traded Securities$260,662,864$296,740,313▲ $36,077,449
Savings and Temporary Cash Investments$14,083,751$21,664,281▲ $7,580,530
Pledges and Grants Receivable$14,317,745$19,174,551▲ $4,856,806
Cash and Non-Interest-Bearing Accounts$15,765,369$10,153,793▼ $5,611,576
Prepaid Expenses and Deferred Charges$5,982,236$6,516,401▲ $534,165
Other Notes and Loans Receivable, Net$1,805,835$1,495,285▼ $310,550
Inventories for Sale or Use$698,973$676,564▼ $22,409
Accounts Receivable$424,006$363,026▼ $60,980
Loans From Officers Directors$0$0→ $0
Total Assets$1,837,463,297$1,926,108,246▲ $88,644,949
Other Assets Total$11,792,813$12,334,818▲ $542,005
Liabilities
Tax Exempt Bond Liabilities$177,590,265$175,234,774▼ $2,355,491
Unsecured Notes Loans Payable$102,200,000$102,200,000→ $0
Other Liabilities$56,790,275$48,935,918▼ $7,854,357
Accounts Payable and Accrued Expenses$29,933,674$24,665,895▼ $5,267,779
Deferred Revenue$2,025,144$1,763,826▼ $261,318
Grants Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$368,539,358$352,800,413▼ $15,738,945
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,130,259,949$1,188,476,272▲ $58,216,323
Net Assets Without Donor Restrictions$338,663,990$384,831,561▲ $46,167,571
Total Net Assets Fund Balance$1,468,923,939$1,573,307,833▲ $104,383,894
Total Liabilities and Net Assets / Fund Balance$1,837,463,297$1,926,108,246▲ $88,644,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$351,940,595$285,122,234$633,158,326
Other Land Buildings$169,377,535$97,027,218$266,404,753
Equipment$9,291,612$68,026,359$77,317,971
Leasehold Improvements$2,408,356$0$2,408,356
Land$2,175,273-$1,635,430
Other Securities$670,954,078--
Closely Held Equity Interests$0--
Financial Derivatives$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,224,163,708$30,416,429▲ $111,415,274$62,593,135$1,300,989,120
2022$1,196,336,464$16,942,767▲ $73,171,587$59,660,936$1,224,163,708
2021$1,378,988,146$10,499,826▼ $134,576,896$56,000,952$1,196,336,464
2020$1,097,975,650$13,130,757▲ $326,021,010$55,739,312$1,378,988,146
2019$1,117,379,506$16,472,009▲ $20,890,765$39,686,115$1,097,975,650
Compensation and Service Providers
Top Officer Pay22nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth Howe BradleyPresident and TrusteeFT$667,594$152,564$820,158
Timothy KaneVP for Alumnae Affairs and DevFT$363,564$145,326$508,890
Bryan A SwarthoutVP for Fin and AdminFT$314,368$95,983$410,351
William HoynesDean of FacultyFT$283,113$69,644$352,757
Carlos Leoncio GarciaVP for Tech and HR; Chief Information OfficerFT$274,747$67,239$341,986
Carlos AlamoDean of CollegeFT$277,211$55,749$332,960
Robert K BrighamProfessor of HistoryFT$218,052$92,157$310,209
Robert DeMariaProfessor of EnglishFT$226,702$62,742$289,444
Marianne BegemannDean of Str Plan and Acad ResFT$234,643$50,382$285,025
Lizabeth Paravisini-GebertProfessor of Hispanic StudiesFT$207,401$72,122$279,523
Sonya SmithDean of Admissions and Student Fin ServicesFT$224,082$54,393$278,475
David A KennettProfessor of EconomicsFT$207,517$57,783$265,300
Maxine ColemanAssistant VP for Facilities OperationsFT$201,974$60,086$262,060
Angelique CrumpControllerFT$160,049$92,383$252,432
Shay Humphrey - From 04 2023General CounselFT$212,247$31,257$243,504
Gladwyn Lopez - Thru 07 2023Interim VP for CommunicationsFT$151,904$58,112$210,016
Wesley DixonSecretary of the BoardFT$173,486$25,494$198,980
Victoria Grantham - From 07 2023VP for CommunicationsFT$119,258$17,813$137,071

Board Members and Trustees

NameTitle
Anthony J FrisciaTrustee and Board Chair
Brian FarkasTrustee and Committee Chair
Carol S OstrowTrustee and Committee Chair
Cynthia PattonTrustee and Committee Chair
Eric BeringauseTrustee and Committee Chair
John McCormickTrustee and Committee Chair
Leslie Jackson ChihulyTrustee and Committee Chair
Mark OrdanTrustee and Committee Chair
Sharon ChangTrustee and Committee Chair
Alexandra ShivaTrustee
Amy GuerlyTrustee
Delia Cheung HomTrustee
Eric LiuTrustee
Ernie CeberioTrustee
Francesca AmannTrustee
Jason BlumTrustee
Jennifer HaasTrustee
Kathy PutnamTrustee
Kerry TatlockTrustee
Lee FeinsteinTrustee
Monica VachherTrustee
Patrick DeYoungTrustee
Robert TanenbaumTrustee
Robyn FieldTrustee
Tyrone FormanTrustee
Winston ClementTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Consigli Construction Co IncConstruction Services11 Garden Street, Suite 101, Poughkeepsie, NY 12601$21,886,908
RL Baxter Building CorpConstruction Services11 Garden Street, Suite 101, Poughkeepsie, NY 12601$8,694,411
Compass Group USAFood ServicePO Box 417632, Floor 22, Boston, MA 02241$6,864,665
Ecosystem Energy Services USA IncConstruction Services462 7th Avenue, New York, NY 10018$3,704,187
Ventures Group LLCConstruction ServicesPO Box 907, Canaan, CT 06018$2,765,213
Revenue and Support

Revenue Composition

Contributions and Grants
$74,159,081
Program Service Revenue
$215,561,909
Investment Income
$34,271,461
Other Revenue
$3,512,069
All Other Contributions
$71,098,246
Change in Net Assets
$5,860,365

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded107$5,772,806Fair Market Value
Works of Art7$706,200Independent Appraisals
Books and Publications-$33,655Independent Appraisals
Other Non Cash Contri Table1$9,326Independent Appraisals
Total Noncash Contributions115$6,521,987-

Audited Revenue Reconciliation

Revenue per Audited Statements
$242,837,896
Revenue Not Reported on Financial Statements
$84,666,624
Revenue Not Reported on Form 990
$93,060,548
Other Revenue Adjustments
$72,539,824
Total Revenue per Audited Statements
$335,898,444
Total Revenue per Form 990
$327,504,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$147,780,796
Other Expenses$98,097,888
Grants and Similar Amounts Paid$75,671,471
Total Fundraising Expense$14,285,225
Professional Fundraising Fees$94,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$80,413,604$15,077,551$5,025,850$100,517,005
Grants to Domestic Individuals$74,751,062--$74,751,062
Other Employee Benefits$22,149,587$3,355,998$1,342,399$26,847,984
Depreciation Depletion$14,172,307$2,906,854$322,984$17,402,145
Fees for Service Investment Mgmnt Fees$0$12,126,800$0$12,126,800
Interest$9,298,607$1,889,154$209,906$11,397,667
Occupancy$6,219,972$3,711,919$100,322$10,032,213
Office Expenses$5,353,268$2,988,930$421,412$8,763,610
Pension Plan Contributions$6,718,991$1,018,029$407,212$8,144,232
Payroll Taxes$6,148,348$1,152,815$384,272$7,685,435
Fees for Services Other$3,983,988$331,999$2,323,993$6,639,980
Information Technology$4,614,577$8,469$1,639$4,624,685
Current Officers, Directors, Trustees, and Key Employees$2,722,327$1,159,190$704,623$4,586,140
Travel$2,818,496$500,056$1,227,409$4,545,961
Conferences and Meetings$1,131,409$936,895$1,418,184$3,486,488
All Other Expenses$1,699,037$173,631$18,721$1,891,389
Insurance$305,352$1,010,182$227,707$1,543,241
Foreign Grants$691,316--$691,316
Other Expenses$272,632$196,119$35,897$504,648
Fees for Services Accounting$0$333,030$0$333,030
Fees for Services Legal$0$243,619$0$243,619
Grants to Domestic Orgs$229,093--$229,093
Fees for Services Professional Fundraising--$94,000$94,000
Advertising$58,524$4,064$18,695$81,283
Royalties$17,596$484$0$18,080
Total Functional Expenses$256,436,714$50,922,216$14,285,225$321,644,155

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$321,644,155
Expenses per Audited Statements$236,977,531
Total Expenses per Audited Statements$231,514,550
Expenses Not Reported on Financial Statements$84,666,624
Other Expense Adjustments$72,539,824
Expenses Not Reported on Form 990$-5,462,981
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Climate Vault IncChicago, IL501c(3)Grant to support organization's mission.$98,770
Finish Strong Wellness Center IncPoughkeepsie, NY501(c)(3)Grant to support the organization's mission$9,128
Hudson River Housing IncPoughkeepsie, NY501(c)(3)Grant to support the organization's mission$8,568
Dutchess County Pride Center IncLagrangeville, NY501(c)(3)Grant to support the organization's mission$7,128
Community Matters 2 IncPoughkeepsie, NY501(c)(3)Grant to support the organization's mission$5,500

International Summary

Offices
4
Employees
4
Spending
$364,377,292

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestmentsInvestments00$313,192,097
Europe (including Iceland and Greenland)InvestmentsInvestments00$44,535,137
North America (including Canada and Mexico, but not the United States)InvestmentsInvestments00$4,421,031
Europe (including Iceland and Greenland)Program ServicesAcademic Instruction44$1,537,711
Europe (including Iceland and Greenland)GrantmakingScholarships00$691,316
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$94,000
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Post Retirement Benefit Obligation$22,834,917
Accrued Retirement Obligation$12,205,793
Present Value of Beneficiary Payments$8,181,779
Finance Lease Liability$3,794,254
Deposits Held for Others$1,008,178
Accrued Pension Obligation$851,141
Refundable Government Loan Funds$59,856

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADutchess County Local Development Corp2017-04-25$112,120,277Refund issue dated 04/18/2007
BDutchess County Local Development Corp2020-04-02$74,206,511Refunding & New Money (SEE NOTES)

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$112,120,277$111,087,709$4,400,000$1,032,568
B$74,434,621$50,489,502$1,420,000$795,654

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

“Under a shared governance model, the Board delegates responsibility, with accountability, of certain matters, to the faculty, students, the alumnae and alumni of the College.”

Form 990, Part VI, Section B, Line 11B

“The Board of Trustees delegates the responsibility of oversight of the preparation of form 990 to the Audit Committee which reviews the entire form 990 as a draft prior to the completion of the review by the College's Tax Advisors. The final version, excluding Schedule B, is provided to all members of the Board of Trustees prior to submission.”

Form 990, Part VI, Section B, Line 12C

“Vassar College issues conflict of interest questionnaires to officers, directors, trustees and other members of the faculty and administration with significant budgetary responsibilities. Once the completed forms are submitted to the Secretary of the Board and reviewed by the Vice President for Finance and Administration, the Chair of the Board, and the Chair of the Audit Committee, the College responds to any disclosures with appropriate action including requiring persons to recuse themselves from involvement with any decisions for which the relationship would represent an actual or potential conflict of interest.”

Form 990, Part VI, Section B, Line 15

“Vassar participates in a third party data collection process with 20 peer colleges. We submit data annually to a professional compensation analyst, who summarizes the data as a range with quartiles. The information is provided to the Personnel and Compensation Committee of the Board of Trustees, who will use this information to determine raises for all Senior Officers and reports their findings through the President and the Vice President for Technology and Human Resources and Chief Information Officer. Committee records are maintained by the Secretary of the Board of Trustees for the permanent files of the Board. We believe our policy meets the requirements of the rebuttable presumption.”

Form 990, Part VI, Section C, Line 19

“Vassar publishes its governing documents in print and online, the conflict of interest policy is published online, and annual audited financial statements are available online and in print form by request.”

Form 990, Part VII, Section A, Line 1A

“The officers noted on Part VII are the corporate officers of the College who manage the daily operations and do not include Board officers who oversee the affairs of the College.”

Filing and Contact Details

Filer

Filer Name
Vassar College
EIN
14-1338587
Phone
8454377000
Address
124 Raymond Ave Box 12, Poughkeepsie, NY 12604

Signing Officer

Name
Angelique Crump
Title
Controller
Phone
8454375890
Signed
2025-05-14

Organization Details

Principal Officer
Elizabeth Howe Bradley
Formed
1861
Legal Domicile
Ny
Voting Board Members
27
Independent Board Members
26
Employees
3,631
Volunteers
2,294
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1A

“The total number of 1098-T forms included on this line = 3,106.”

Form 990, Part XI, Line 9

“Post Retirement Benefits Changes Other than Net Periodic Cost $444,792; Adjustment to Minimum Pension Liability $5,443,131; Total Other Changes in Net Assets $5,887,923.”

Financial Statement Notes

Schedule D, Part II, Line 9

“The College's conservation easement has no attributed value and is not recorded in the financial statements.”

Schedule D, Part III, Line 4

“The College's Frances Lehman Loeb Art Center maintains collections of paintings, sculptures, prints photographs and ceramics for use by faculty and students as a complement to the curriculum in a variety of instructional disciplines.”

Schedule D, Part V, Line 4

“The College's Endowment Funds are maintained according to donor restrictions and earnings are used to support scholarships and a variety of programs including instruction, research and academic support.”

Schedule D, Part X, Line 2

“The College generally does not provide for income taxes since it is a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code. U.S. GAAP permits an organization to recognize the benefit and requires accrual of an uncertain tax position only when the position is "more likely than not" to be sustained in the event of examination by taxing authorities. Tax positions deemed to meet the "more likely than not" threshold are recorded as a tax expense in the current year. The College has analyzed all open tax years and believes it has no significant uncertain tax positions.”

Schedule D, Part XI, Line 2D

“Cost of Goods Sold - Computer Store and College Store $424,942”

Schedule D, Part XI, Line 4B

“Scholarships $72,539,824”

Schedule D, Part XII, Line 2D

“Cost of Goods Sold - Computer Store and College Store $424,942; Adjustment to Minimum Pension Liability ($5,443,131); Post Retirement Benefits Changes Other than Net Periodic Costs ($444,792); Total ($5,462,981)”

Schedule D, Part XII, Line 4B

“Scholarships $72,539,824”

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IRS990/ActivityOrMissionDesc0The mission of Vassar College is to make accessible "the means of a thorough, well-proportioned and liberal education" that inspires each individual to lead a purposeful life. The College makes possible an education that promotes analytical, informed, and independent thinking and sound judgment; encourages articulate expression; and nurtures intellectual curiosity, creativity, respectful debate and engaged citizenship. Vassar supports a high standard of engagement in teaching and learning, scholarship and artistic endeavor; a broad and deep curriculum; and a residential campus that fosters a learning community. Founded in 1861 to provide women an education equal to that once available only to men, Vassar is now open to all and strives to pursue diversity, inclusion, and equity as essential components of a rich intellectual and cultural environment in which all members, including those from underrepresented and marginalized groups, are valued and empowered to thrive.
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IRS990/Desc0Instruction - Vassar fosters intellectual openness and exploration through its varied course offerings which includes 30 departments, 3 interdepartmental programs, 14 multidisciplinary programs, and 50 majors offering over 1,000 courses. Students are encouraged to develop different perspectives through engaging in dialogue with faculty and fellow students, working on closely mentored independent research and creative projects, and participating in various forms of community-engaged learning, all of which enable them to achieve the insight and confidence needed to function most effectively in today's complex world. The College admits students in early and regular decision without consideration for the student's ability to pay then meets the full demonstrated need of the student for all four years of their education. This generous financial aid program is enabled by the College's endowment with about $80M of aid and $70M of endowment drawn a year.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,926,108,246
Liabilities
$352,800,413
Net assets
$1,573,307,833
Revenue
$327,504,520
Expenses
$321,644,155
Net income
$5,860,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,926$353$1,573$328$322$5.86
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,837$369$1,469$284$305$20.9
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,788$362$1,426$307$295$12.4
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,965$378$1,587$315$284$31.0
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,663$384$1,279$260$277$17.3
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,665$349$1,316$302$278$23.8
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,616$335$1,281$280$274$6.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,563$347$1,217$311$258$53.0
2016Detailed filing. Detailed filing data is available for this year.$1,489$346$1,142$223$250$27.2
2015Detailed filing. Detailed filing data is available for this year.$1,572$348$1,224$239$242$3.37
2014Detailed filing. Detailed filing data is available for this year.$1,592$351$1,241$248$237$10.8
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,484$340$1,144$227
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,308$267$1,041$230
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,329$255$1,074$217
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,192$269$922$213