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Sweet Briar Institute

Sweet Briar, VA · EIN 54-0534105 · 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

Sweet Briar Institute reported $43.1 million in revenue and $42.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $72.66 went to program services, $19.62 to management and general costs and $7.72 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 42.3% of the total. Government grants made up 6.2%. The highest compensation it reported for one person was $382,841 (PRESIDENT). 10 people received more than $100,000 in reportable compensation. Revenue rose 17% 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 $42M

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 $43M

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)
72.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
7.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.18$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
41.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
6.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
42.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$382,841$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.91%1.28%
People paid over $100,000
Part VII, line 2
108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
41.113.3
Independent voting board members
Part VI 1a–1b
22 of 23100.0%

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
$17M expenses · 54.4% of program spending · revenue $3.4M

Instruction: to provide a liberal arts education for all students. Benefits approximately 406 students

$7.2M expenses · 23.5% of program spending · grants $7.2M · revenue $7.2M

Scholarships: to provide scholarships to students with both financial need as well as academic excellence. Benefits approximately 406 students

$6.8M expenses · 22.1% of program spending · revenue $8.0M

Auxiliary enterprises: to provide students with housing, food services, recreation and instructional materials. Benefits approximately 406 students

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, 40.0 hrs/week
$352,625$0$30,216$382,841
VP FINANCE, OPERATIONS & AUX
Officer, 40.0 hrs/week
$224,051$0$27,678$251,729
FORMER PRESIDENT
Former, 0.0 hrs/week
$200,000$0$0$200,000
ENGLISH & CREATIVE WRITING PROFESSOR
Highest compensated employee, 40.0 hrs/week
$104,580$0$37,738$142,318
ATHELTIC DIRECTOR
Highest compensated employee, 40.0 hrs/week
$112,962$0$22,364$135,326
DIRECTOR OF HR
Highest compensated employee, 40.0 hrs/week
$126,907$0$7,239$134,146
DIRECTOR OF ENGINEERING & PROFESSOR
Highest compensated employee, 40.0 hrs/week
$122,804$0$7,335$130,139
FORMER VP FINANCE, OPERATIONS & AUX
Former, 0.0 hrs/week
$127,191$0$288$127,479

10 people received more than $100,000 in reportable compensation from Sweet Briar Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $843K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$43M$42M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$43M$42M72.7%$144M$382,841
FY2024 ⓘ$44M$42M73.4%$141M$413,396
FY2023 ⓘ$44M$40M72.8%$135M$420,942
FY2022 ⓘ$42M$37M72.5%$126M$390,321
FY2021 ⓘ$33M$33M67.6%$137M$346,789
FY2020 ⓘ$37M$32M68.8%$120M$380,688

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–1b23 · 22 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5574
  • Volunteers Part I, line 61,000

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
TROUTMAN PEPPER LOCKE LLP
Legal advice
$302,718
MARIST COLLEGE
Outsourced technology
$234,971
ENCOURA LLC
Admissions market data
$171,641
TINDER CATTLE AND VINEYARD
Vineyard services
$157,082

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Private foundation grants it received

41 private foundations reported grants to Sweet Briar Institute totaling $3.6M 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 Sweet Briar Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sweet Briar Institute, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Virginia

Questions people ask

How much of Sweet Briar Institute's spending goes to programs?

In the fiscal year ending June 30, 2025, Sweet Briar Institute reported that 72.7% of its $42.1 million in expenses went to program services, 19.6% to management and general and 7.7% to fundraising (Form 990, Part IX).

How much does Sweet Briar Institute pay its top executive?

The largest total compensation Sweet Briar Institute reported for one person in the fiscal year ending June 30, 2025 was $382,841, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Sweet Briar Institute get its money?

Of $43.1 million in revenue in the fiscal year ending June 30, 2025, 41.5% came from contributions and grants (including 6.2% from government grants) and 42.3% from program service revenue (Form 990, Part VIII).

Is Sweet Briar Institute a registered charity?

The IRS lists EIN 54-0534105 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 202601339349306890 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541079349300139 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421279349302037 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301179349301800 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349304112 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141319349302444 · read the filing

All filings for EIN 54-0534105: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.