Lasell University
Lasell University reported $68.3 million in revenue and $71.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.90 went to program services, $9.87 to management and general costs and $3.23 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.2% of the total. Government grants made up 5.5%. The highest compensation it reported for one person was $494,709 (PRESIDENT). 43 people received more than $100,000 in reportable compensation. Revenue fell 26% 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 $72MFor 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 $68MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.34 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 10.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 5.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $494,709 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.69% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 43 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 10.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 19 | 100.0% |
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 expenseLasell University is a comprehensive coeducational university which offers professionally oriented bachelor's and master's degree programs, including more than 25 academic majors.our students are given the opportunity to practice and prepare for the real world through a project-based and problem-based approach to teaching, through exposure to diverse cultures and peoples, through the development of critical skills such as writing and speaking in front of groups, and through confrontation with ethical and moral questions.Lasell University is known for helping students make the connection…
Provided management and educational services to lasell village, inc., a tax-exempt affiliate, functions that are integral to the conduct of the exempt functions of lasell village, inc
Provided facilities for other educational organizations to conduct educational programs and to provide housing to students
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $382,748 | $0 | $111,961 | $494,709 |
| PRESIDENT OF LASELL VILLAGE Highest compensated employee, 40.00 hrs/week | $307,390 | $0 | $54,901 | $362,291 |
| PROVOST Highest compensated employee, 40.00 hrs/week | $236,870 | $0 | $50,566 | $287,436 |
| CFO, COO, VP OF STRATEGIC INITIATIVES Officer, 40.00 hrs/week | $261,527 | $0 | $14,643 | $276,170 |
| VP OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $239,833 | $0 | $18,893 | $258,726 |
| CHIEF OF STAFF & GENERAL COUNSEL Highest compensated employee, 40.00 hrs/week | $180,952 | $0 | $44,591 | $225,543 |
| CHIEF DIVERSITY OFFICER Highest compensated employee, 40.00 hrs/week | $186,704 | $0 | $9,521 | $196,225 |
| CLERK & EXEC. ASST. TO PRESIDENT Officer, 40.00 hrs/week | $80,369 | $0 | $38,617 | $118,986 |
43 people received more than $100,000 in reportable compensation from Lasell University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $935K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b19 · 19 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 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 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,010
- Volunteers Part I, line 6100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| COMPASS GROUP Food services | $4,691,263 |
| ABM Housekeeping services | $1,337,090 |
| METRO WEST CONTRACTING Repairs, maintenance & construction | $1,048,551 |
| VONT LLC Marketing services | $963,650 |
| D& S LANDSCAPING Landscaping services | $661,734 |
Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.
Private foundation grants it received
11 private foundations reported grants to Lasell University totaling $198K 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 Lasell University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lasell University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lasell University spent in FY2025, $86.90 went to programs. The full breakdown, from its IRS Form 990:
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- Warren Wilson CollegeAsheville, NC · revenue $68M · programs 86.6% · FY2025
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All education charities · Largest charities in Massachusetts
Questions people ask
How much of Lasell University's spending goes to programs?
In the fiscal year ending June 30, 2025, Lasell University reported that 86.9% of its $71.5 million in expenses went to program services, 9.9% to management and general and 3.2% to fundraising (Form 990, Part IX).
How much does Lasell University pay its top executive?
The largest total compensation Lasell University reported for one person in the fiscal year ending June 30, 2025 was $494,709, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lasell University get its money?
Of $68.3 million in revenue in the fiscal year ending June 30, 2025, 10.0% came from contributions and grants (including 5.5% from government grants) and 85.2% from program service revenue (Form 990, Part VIII).
Is Lasell University a registered charity?
The IRS lists EIN 04-2103585 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 202611349349312901 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349303226 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441349349306799 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349307029 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201309349303700 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131209349301758 · read the filing
All filings for EIN 04-2103585: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.