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Fisher College

Boston, MA · EIN 04-2005934 · 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

Fisher College reported $27.0 million in revenue and $26.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.59 went to program services, $12.79 to management and general costs and $1.62 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.2% of the total. The highest compensation it reported for one person was $448,994 (President). 22 people received more than $100,000 in reportable compensation. Revenue rose 19% 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 $26M

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 $27M

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)
85.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.58$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
79.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$448,994$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.71%1.28%
People paid over $100,000
Part VII, line 2
228
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
31.913.3
Independent voting board members
Part VI 1a–1b
14 of 16100.0%

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
$10M expenses · 45.9% of program spending · revenue $15M

Educational/Instructional Services - As directed by the Fisher College Mission and its strategic goals, the academic program "changes lives" by enabling students to acquire knowledge and skills that will guide them through a lifetime of intellectual and professional pursuits. To that end, Fisher offers pragmatic and focused programs bolstered by an array of general education programs. Thus, Fisher graduates are prepared to be responsible and contributing members of society. The Fisher College Educational and Instructional Program Services are focused on the core values and objectives of…

$12M expenses · 54.1% of program spending · revenue $6.2M

Housing & Student Services - The Fisher College campus, housing, student services and student resources programs define the College as much as the educational and instructional programs it offers and the people who embody its Mission. The students' experiences, and their memories of their years at Fisher College, are entwined with the campus and its offerings. Just as it safeguards the interest of its students, Fisher College is a steward of these vital and influential physical resources, programs and services, and this Program Service Accomplishment is imperative to the Mission of the College

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
Officer, 40 hrs/week
$400,105$0$48,889$448,994
Vice President of Academic Affairs/Chief Academic Officer
Officer, 40 hrs/week
$182,377$0$42,128$224,505
Vice President of Finance
Officer, 40 hrs/week
$188,034$0$34,792$222,826
Vice President of Enrollment Management
Officer, 40 hrs/week
$179,024$0$34,005$213,029
Vice President of Student Services
Officer, 40 hrs/week
$157,078$0$20,924$178,002
Director of Accounting
Highest compensated employee, 40 hrs/week
$154,886$0$22,032$176,918
Vice President of Graduate Professional Studies
Officer, 40 hrs/week
$159,456$0$11,884$171,340
Associate Dean, School of Graduate Studies
Highest compensated employee, 40 hrs/week
$120,513$0$15,603$136,116

22 people received more than $100,000 in reportable compensation from Fisher College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$27M$26M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$27M$26M85.6%$70M$448,994
FY2024 ⓘ$25M$25M85.2%$64M$372,788
FY2023 ⓘ$23M$25M86.0%$56M$339,052
FY2022 ⓘ$22M$22M85.2%$52M$314,720
FY2021 ⓘ$25M$21M84.6%$60M$271,092
FY2020 ⓘ$23M$23M86.2%$45M$372,308

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–1b16 · 14 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 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • 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 5440
  • Volunteers Part I, line 650

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Carnegie Dartlet LLC
Marketing
$479,554

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Fisher College totaling $12,520 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 Fisher 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 Fisher College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Massachusetts

Questions people ask

How much of Fisher College's spending goes to programs?

In the fiscal year ending June 30, 2025, Fisher College reported that 85.6% of its $26.3 million in expenses went to program services, 12.8% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Fisher College pay its top executive?

The largest total compensation Fisher College reported for one person in the fiscal year ending June 30, 2025 was $448,994, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Fisher College get its money?

Of $27.0 million in revenue in the fiscal year ending June 30, 2025, 2.7% came from contributions and grants (including 2.4% from government grants) and 79.2% from program service revenue (Form 990, Part VIII).

Is Fisher College a registered charity?

The IRS lists EIN 04-2005934 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 202641319349302334 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501329349302910 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431349349304538 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349303995 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349303007 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349304337 · read the filing

All filings for EIN 04-2005934: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.