Kenyon College
89% goes to programs $9 to raise $100 Strong reserves Growing revenue
Kenyon College is a 501(c)(3) organization based in Gambier, Ohio, registered in 1935, with $253,821,366 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
209 Chase Ave, Gambier, OH, 43022 EIN 31-4379507 Since 1935
Revenue (FY2023)
$253.8M
▲ 16.0% vs prior year
Education median: $200K
Expenses (FY2023)
$201.6M
Net assets
$879.2M
Employees
2,029
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $9 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Kenyon College: 89% to programs · $9 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating52 mo reserves · +21% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kenyon College: 52 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Kenyon College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kenyon College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Kenyon college is a private liberal arts educational institution with approximately 1,800 students and 200 professors. the college has 18 departments and 13 interdisciplinary programs.
Contact & location
- Address
- 209 Chase Ave, Gambier, OH, 43022
- City
- Gambier
- State
- Ohio
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $140.9M (FY2013) to $253.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $289.5MNet assets $879.2M
Operating margin
20.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$289.5M
Net assets
$879.2M
Salaries & benefits
$72.4M
36% of expenses
Board members
29
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $253,821,366▲16.0% | $201,618,132▲6.3% | $879,196,500▲10.4% | $1,168,657,456▲7.9% | 990 |
| 2022 | $218,784,013▼14.1% | $189,634,848▲3.5% | $796,402,391▲8.1% | $1,082,627,140▲5.2% | 990 |
| 2021 | $254,673,083▲60.1% | $183,244,124▲21.9% | $737,045,485▲1.3% | $1,028,664,563▲0.2% | 990 |
| 2020 | $159,022,032▼2.1% | $150,375,116▼1.6% | $727,645,503▲19.2% | $1,026,131,356▲12.4% | 990 |
| 2019 | $162,469,290 | $152,837,510▼2.9% | $610,258,269▲1.0% | $912,598,629▲1.1% | 990 |
| 2018 | $162,540,034▼27.7% | $157,377,011▲6.2% | $604,274,938▲1.4% | $902,863,590▲1.1% | 990 |
| 2017 | $224,794,376▲24.1% | $148,162,435▲5.1% | $595,998,951▲19.5% | $892,859,197▲23.2% | 990 |
| 2016 | $181,209,242▲15.6% | $140,989,263▲2.1% | $498,803,261▲10.1% | $724,915,319▲7.5% | 990 |
| 2015 | $156,745,302▲10.2% | $138,093,886▲5.1% | $452,998,732▼3.1% | $674,323,306▼2.2% | 990 |
| 2014 | $142,215,479▲0.9% | $131,383,826▲0.2% | $467,567,528▲1.6% | $689,277,395▲1.3% | 990 |
| 2013 | $140,931,890 | $131,125,688▲4.8% | $460,089,889▲6.3% | $680,526,669▲4.6% | 990 |
| 2012 | — | $125,170,988▲2.2% | $432,731,964▲3.4% | $650,800,475▲1.5% | 990 |
| 2011 | — | $122,422,252▲11.5% | $418,619,335▼0.3% | $641,361,192▲0.3% | 990 |
| 2010 | — | $109,838,068▲1.1% | $419,804,529▲9.7% | $639,158,214▲6.7% | 990 |
| 2009 | — | $108,598,449 | $382,737,251 | $599,206,446 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Jeffrey Bowman — $343,934 (0.17% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey Bowman | Acting Pres.(until 9/23)/provost | 40 | $343,934 |
| Colleen Garland | Vp For Advancement | 40 | $305,133 |
| Diane Anci | Vp Enroll.mgmt.&dean-admissions | 40 | $235,866 |
| Todd Burson | Vp For Finance | 40 | $228,690 |
| Richard Lovering | Vp and General Counsel | 40 | $204,494 |
| Sheryl Hemkin | Acting Provost(until 9/23)/assoc.provost | 40 | $203,927 |
| Celestino Limas | Vp Student Affairs | 40 | $193,108 |
| Susan Morse | President's Chief of Staff | 40 | $191,640 |
| Sharon Williams | Assoc.vp Development | 40 | $186,260 |
| Ronald Griggs | Vp Library&info.services | 40 | $181,478 |
| Janet Marsden | Vp Communications | 40 | $177,740 |
| Theodore Mason | Assoc.provost For Dei | 40 | $168,430 |
| Ian Smith | Vp Facilities,planning&sustain. | 40 | $166,791 |
| Ira Sukrungruang | Professor of Creative Writing | 40 | $166,466 |
| Joseph Klesner | Professor of Political Science | 40 | $161,910 |
| Julie Kornfeld | President (beg. 10/23) | 40 | $161,683 |
| Nicholas Neuerer | Controller | 40 | $116,142 |
| Kathryn Lake | Dir.-board Relations&pres.events | 40 | $74,830 |
| Aasem G Khalil | Trustee | 1 | — |
| Aileen C Hefferren | Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Smoot Construction Co of Ohio | Construction | $33,846,075 |
| Avi Foodsystems Inc | Food Service | $7,806,199 |
| Gund Partnership | Architecture&planning | $2,426,973 |
| Lepi Enterprises Inc | Construction | $1,799,831 |
| Simonson Construction Services Inc | Construction | $1,167,869 |
Grants received · $44.2M total
231 grants to Kenyon College totaling $44.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $247,000 |
| The Pittsburgh Foundation | Higher education | 2024 | $101,500 |
| Columbus Foundation | Education | 2024 | $97,333 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $81,500 |
| American Online Giving Foundation Inc | General support | 2024 | $59,045 |
| Ayco Charitable Foundation | Education | 2024 | $53,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $33,571 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $30,600 |
| Impactassets Inc | General support | 2024 | $27,955 |
| Cleveland Foundation | General support - class of 1974 gift. | 2024 | $20,883 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $13,000 |
| American Endowment Foundation | Educational | 2024 | $12,500 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $12,100 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $12,100 |
| Greater Washington Community Foundation | General support | 2024 | $10,250 |
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Frequently asked questions
- Is Kenyon College a legitimate nonprofit?
- Yes. Kenyon College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-4379507, based in Gambier, Ohio. Donations are tax-deductible.
- What is Kenyon College's EIN?
- Kenyon College's Employer Identification Number (EIN) is 31-4379507.
- How much revenue does Kenyon College report?
- Kenyon College reported $253,821,366 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Kenyon College's spending goes to programs?
- Kenyon College spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kenyon College have?
- CharityIndex grades Kenyon College A, based on program efficiency and fundraising cost.
- How much does Kenyon College's highest-paid employee make?
- The highest reported compensation on Kenyon College's latest Form 990 is $343,934, paid to Jeffrey Bowman (Acting Pres.(until 9/23)/provost).
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Data for Kenyon College (EIN 31-4379507) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.