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President and Trustees of Bates College

Lewiston, ME · EIN 01-0211781 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

President and Trustees of Bates College reported $242.2 million in revenue and $197.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.85 went to program services, $10.19 to management and general costs and $2.96 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 63.6% of the total. The highest compensation it reported for one person was $843,275 (President). 150 people received more than $100,000 in reportable compensation. Revenue rose 44% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $198M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $242M

Other revenue was negative: −$227K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
86.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.29$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
63.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$843,275$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.43%1.28%
People paid over $100,000
Part VII, line 2
1508
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
43.813.3
Independent voting board members
Part VI 1a–1b
32 of 33100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$172M expenses · 100.0% of program spending · grants $47M · revenue $154M

Higher Education: Bates College offers a rigorous liberal arts education that is distinctive in its emphasis on student research, a signature thesis or capstone experience, immersive Short Term experience, Purposeful Work program, and opportunities for community-engaged learning. A 9-1 student-faculty ratio makes possible close collaborations in classroom and laboratory. A Bates education aims to prepare graduates who strive to embody the following qualities, capabilities, and inclinations: Knowledge, Problem Solving, Analytic Strength; Discernment and Persuasion; Intellectual Curiosity…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 40 hrs/week
$686,733$0$156,542$843,275
VP Fin & Admin, Treasurer
Officer, 40 hrs/week
$355,365$0$73,107$428,472
VP for Academic Affairs and Dean of the Faculty
Key employee, 40 hrs/week
$295,074$0$88,653$383,727
Vice President, College Advancement
Key employee, 40 hrs/week
$294,621$0$85,495$380,116
Dean of Admission and Financial Aid
Key employee, 40 hrs/week
$257,504$0$76,737$334,241
President Emeritus thru 6/30/24
Former, 40 hrs/week
$272,869$0$52,260$325,129
VP for Information & Library Services
Key employee, 40 hrs/week
$246,838$0$71,795$318,633
Vice President, Equity and Inclusion
Key employee, 40 hrs/week
$244,103$0$39,625$283,728

150 people received more than $100,000 in reportable compensation from President and Trustees of Bates College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$242M$198M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$242M$198M86.8%$723M$843,275
FY2024 ⓘ$193M$189M86.2%$684M$1,019,243
FY2023 ⓘ$192M$179M86.1%$672M$667,255
FY2022 ⓘ$198M$172M87.0%$654M$761,179
FY2021 ⓘ$194M$162M85.5%$683M$585,157
FY2020 ⓘ$168M$156M87.3%$559M$633,385

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b33 · 32 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 52,349
  • Volunteers Part I, line 62,823

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Consigli Construction
Construction
$9,427,851
Shaw Brothers Construction Inc
Turf Replacement
$2,436,626
Hall Capital Partners LLC
Investment Management
$1,388,619
Amos Development
Services
$406,505

Individuals listed as contractors are left out. 28 contractors were paid more than $100,000 in all.

Private foundation grants it received

20 private foundations reported grants to President and Trustees of Bates College totaling $203K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from President and Trustees of Bates College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for President and Trustees of Bates College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Maine

Questions people ask

How much of President and Trustees of Bates College's spending goes to programs?

In the fiscal year ending June 30, 2025, President and Trustees of Bates College reported that 86.8% of its $197.8 million in expenses went to program services, 10.2% to management and general and 3.0% to fundraising (Form 990, Part IX).

How much does President and Trustees of Bates College pay its top executive?

The largest total compensation President and Trustees of Bates College reported for one person in the fiscal year ending June 30, 2025 was $843,275, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does President and Trustees of Bates College get its money?

Of $242.2 million in revenue in the fiscal year ending June 30, 2025, 8.4% came from contributions and grants (including 0.8% from government grants) and 63.6% from program service revenue (Form 990, Part VIII).

Is President and Trustees of Bates College a registered charity?

The IRS lists EIN 01-0211781 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631339349303053 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349305114 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349308899 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349302154 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349300332 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121309349301457 · read the filing

All filings for EIN 01-0211781: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.