Brevard College Corporation
Brevard College Corporation reported $41.6 million in revenue and $39.1 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $81.04 went to program services, $17.95 to management and general costs and $1.01 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.2% of the total. The highest compensation it reported for one person was $315,271 (PRESIDENT). 8 people received more than $100,000 in reportable compensation. Revenue rose 28% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $39MFor 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 May 31, 2025 · Form 990, Part VIII · total revenue $42MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 9.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $315,271 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.81% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 8 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 23 of 23 | 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 expenseBrevard College is a baccalaureate-awarding institution committed to a residential liberal arts education that encourages personal growth and inspires artistic, intellectual and social action. Brevard is accredited by the southern association of colleges and schools-commission on colleges; the national association of schools of music; and the teacher education accrediting council. During fiscal year 2025, instruction was provided to 875 students. 804 students were U.S. Citizens with 409 residing in households from nc. The student body represents students from 36 U.S. States and 19 foreign…
A Brevard College education extends far beyond the walls of a classroom. Of 875 students, 711 participated in the college's residential educational experience. All of the facilities on the Brevard College campus are just a short walk or bike away. This design allows students to focus on education, growth and fun without the hassle of the rushing from place to place. The relaxed atmosphere of comfortable living and dining spaces are complemented with the state-of-the-art education facilities including a modern library and a world-class concert hall
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 | $286,188 | $0 | $29,083 | $315,271 |
| CFO Officer, 40.00 hrs/week | $198,308 | $0 | $13,387 | $211,695 |
| VP FOR ALUMNI AFFAIRS & DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $170,691 | $0 | $20,160 | $190,851 |
| VP ADMISSIONS & FINANCIAL AID Highest compensated employee, 40.00 hrs/week | $121,856 | $0 | $17,562 | $139,418 |
| VP FINANCE Highest compensated employee, 40.00 hrs/week | $121,059 | $0 | $16,167 | $137,226 |
| VP FOR ACADEMIC AFFAIRS Highest compensated employee, 40.00 hrs/week | $120,862 | $0 | $15,919 | $136,781 |
| ASSOC. VP AA ONLINE LEARNING Highest compensated employee, 40.00 hrs/week | $128,031 | $0 | $5,659 | $133,690 |
8 people received more than $100,000 in reportable compensation from Brevard College Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $547K (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–1b23 · 23 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 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 5837
- Volunteers Part I, line 6450
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| METZ CULINARY MANAGEMENT Food service management | $516,565 |
| SYSCO CHARLOTTE LLC Food service | $474,284 |
| GEOSURFACES SOUTHEAST INC Track maintenance | $398,750 |
| CLIMATE SYSTEMS LLC Hvac services | $333,197 |
| YOUNG TRANSPORTATION Transportation service | $231,368 |
Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.
Private foundation grants it received
8 private foundations reported grants to Brevard College Corporation totaling $376K 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 Brevard College Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Brevard College Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Brevard College Corporation spent in FY2025, $81.04 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Vista Charter Public SchoolsLos Angeles, CA · revenue $42M · programs 68.3% · FY2025
- SEIU 775 Benefits GroupSeattle, WA · revenue $42M · programs 100.0% · FY2025
- Education Service Center Region 12Waco, TX · revenue $41M · programs 85.5% · FY2025
- Imagine SchoolsVienna, VA · revenue $42M · programs 72.9% · FY2025
- Midway UniversityMidway, KY · revenue $41M · programs 86.0% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Brevard College Corporation's spending goes to programs?
In the fiscal year ending May 31, 2025, Brevard College Corporation reported that 81.0% of its $39.1 million in expenses went to program services, 17.9% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does Brevard College Corporation pay its top executive?
The largest total compensation Brevard College Corporation reported for one person in the fiscal year ending May 31, 2025 was $315,271, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Brevard College Corporation get its money?
Of $41.6 million in revenue in the fiscal year ending May 31, 2025, 9.1% came from contributions and grants (including 0.7% from government grants) and 86.2% from program service revenue (Form 990, Part VIII).
Is Brevard College Corporation a registered charity?
The IRS lists EIN 56-0532297 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 May 31, 2025, object 202601049349301025 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202520979349300742 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202441019349300234 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202320559349300022 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202230949349300728 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202100289349301710 · read the filing
All filings for EIN 56-0532297: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.