Saint Marys College
89% goes to programs $20 to raise $100 Strong reserves
Saint Marys College is a 501(c)(3) organization based in Notre Dame, Indiana, registered in 1946, with $150,948,474 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
153 Le Mans Hall Saint Mary S, Notre Dame, IN, 46556 EIN 35-0868158 Since 1946
Revenue (FY2024)
$150.9M
▲ 12.0% vs prior year
Education median: $200K
Expenses (FY2024)
$130.8M
Net assets
$445.7M
Employees
1,248
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating89% to programs · $20 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 Saint Marys College: 89% to programs · $20 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating41 mo reserves · +13% 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 Saint Marys College: 41 mo reserves · +13% 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 Saint Marys 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 Saint Marys College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Founded by the sisters of the holy cross in 1844, saint mary's college promotes a life of intellectual vigor, aesthetic appreciation, religious sensibility, and social responsibility. saint mary's is a catholic, residential, women's, liberal arts college offering undergraduate degrees and co-educational graduate programs. a pioneer in the education of women, the college fosters an inclusive, academic community where students discover and develop their talents as they prepare to make a difference in the world. all members of the college contribute to this mission in their response to the complex needs and challenges of contemporary life.
Contact & location
- Address
- 153 Le Mans Hall Saint Mary S, Notre Dame, IN, 46556
- City
- Notre Dame
- State
- Indiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $96.2M (FY2013) to $150.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $86.3MNet assets $445.7M
Operating margin
13.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$532.0M
Total liabilities
$86.3M
Net assets
$445.7M
Salaries & benefits
$46.7M
36% of expenses
Board members
30
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $150,948,474▲12.0% | $130,845,754▲9.1% | $445,724,317▲5.3% | $532,031,106▲5.0% | 990 |
| 2023 | $134,775,479▲6.0% | $119,881,176▲6.8% | $423,406,766▲6.5% | $506,504,612▲4.4% | 990 |
| 2022 | $127,115,623▼11.1% | $112,233,542▲6.0% | $397,503,510▼8.0% | $485,200,116▼7.3% | 990 |
| 2021 | $143,002,673▲8.7% | $105,849,501▲5.2% | $432,042,898▲15.5% | $523,384,557▲10.9% | 990 |
| 2020 | $131,533,724▲26.0% | $100,614,969▲0.5% | $374,040,068▲36.4% | $472,113,575▲26.3% | 990 |
| 2019 | $104,362,180▼2.6% | $100,127,718▲2.6% | $274,267,570▼3.0% | $373,928,752▲8.2% | 990 |
| 2018 | $107,110,664▲0.1% | $97,616,007▲1.0% | $282,614,614▲2.2% | $345,516,657▲1.1% | 990 |
| 2017 | $106,961,149▲6.2% | $96,605,063▲5.2% | $276,491,328▲7.3% | $341,627,305▲3.7% | 990 |
| 2016 | $100,713,456▲0.2% | $91,861,336▲2.6% | $257,726,226▲6.7% | $329,590,551▲5.0% | 990 |
| 2015 | $100,514,167▲0.4% | $89,501,124▲5.0% | $241,583,520▲1.5% | $313,787,516▲3.3% | 990 |
| 2014 | $100,089,849▲4.0% | $85,266,363▲5.1% | $238,008,961▲7.7% | $303,876,212▲5.8% | 990 |
| 2013 | $96,204,460 | $81,108,548▲1.1% | $221,007,174▲11.5% | $287,114,832▲7.6% | 990 |
| 2012 | — | $80,215,741▲5.9% | $198,241,447▲8.0% | $266,804,971▲4.3% | 990 |
| 2011 | — | $75,751,606▼1.5% | $183,631,961▼6.3% | $255,734,017▼2.8% | 990 |
| 2010 | — | $76,916,604▲1.3% | $195,979,617▲15.6% | $263,087,933▲13.2% | 990 |
| 2009 | — | $75,917,119 | $169,520,568 | $232,402,595 | 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 (FY2024)
Highest-paid: Sheila Katherine Conboy — $448,991 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sheila Katherine Conboy | President | 50 | $448,991 |
| Holly Johnson | Vice President For Advancement | 50 | $251,238 |
| Lori Johnson | Vice President For Student Enrollment and Engagement | 50 | $218,989 |
| Peter Christensen | Vice President For Finance and Operations | 50 | $215,313 |
| Mona Bowe | Executive Director of Retention Strategy | 50 | $155,503 |
| Julianne Wallace | Vice President For Mission (through 09/2024) | 50 | $135,550 |
| Elizabeth G Koultourides | Associate Vice President For Advancement | 50 | $131,651 |
| Megan Zwart | Interim Provost and Vice President For Academic Affairs | 50 | $131,608 |
| Barbara May | Provost and Senior Vp (through 07/2024) | 50 | $123,944 |
| Carolyn Mueller | Executive Director of Regional Development and Gift Planning | 50 | $122,113 |
| Daniela Edson | Associate Clinical Professor Nursing Science | 50 | $121,869 |
| Redgina Hill | Vice President For Belonging | 50 | $119,160 |
| Colleen M Hoover | Associate Provost & Dean of Graduate Studies | 50 | $117,353 |
| Susan B Olney Latham | Professor/trustee | 52 | $98,839 |
| Anais Juliano | Student Trustee | 2 | $2,819 |
| Amy C Shelly | Trustee | 2 | — |
| Christine Ashford Swanson | Trustee | 2 | — |
| Colleen Flynn Roohan | Secretary | 2 | — |
| Donald R Fischer | Trustee | 2 | — |
| Fr Stephen Katsouros Sj | Trustee | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Eab | Enrollment Consulting | $731,202 |
| Community Counseling Service Co LLC | Counseling Services | $427,703 |
| John Cabot University | Education Services | $413,363 |
| Morganroth Consulting Services Inc | Professional Services | $378,858 |
| First American Equipment Finance | Equipment Financing | $367,490 |
Grants received · $15.8M total
175 grants to Saint Marys College totaling $15.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | Education | 2024 | $130,000 |
| American Online Giving Foundation Inc | General support | 2024 | $36,755 |
| Catholic Community Foundation of Los Angeles | General support | 2024 | $25,000 |
| Community Foundation of St Joseph County Inc | Restricted | 2024 | $21,695 |
| Charities Aid Foundation America | Charitable donation | 2024 | $20,530 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $15,000 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $15,000 |
| American Endowment Foundation | Educational | 2024 | $10,750 |
| St Louis Community Foundation Incorporated | Annual fund | 2024 | $10,000 |
| Community Foundation of Sarasota County Inc | Education | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Our Sunday Visitor Inc | Religious missions | 2024 | $10,000 |
| Independent Charitable Gift Fund | General support | 2024 | $10,000 |
| Stark Community Foundation Inc | Education | 2024 | $8,924 |
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Compare Saint Marys College
Frequently asked questions
- Is Saint Marys College a legitimate nonprofit?
- Yes. Saint Marys College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0868158, based in Notre Dame, Indiana. Donations are tax-deductible.
- What is Saint Marys College's EIN?
- Saint Marys College's Employer Identification Number (EIN) is 35-0868158.
- How much revenue does Saint Marys College report?
- Saint Marys College reported $150,948,474 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Saint Marys College's spending goes to programs?
- Saint Marys College spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Saint Marys College have?
- CharityIndex grades Saint Marys College A, based on program efficiency and fundraising cost.
- How much does Saint Marys College's highest-paid employee make?
- The highest reported compensation on Saint Marys College's latest Form 990 is $448,991, paid to Sheila Katherine Conboy (President).
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Data for Saint Marys College (EIN 35-0868158) 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.