Hillsdale College HQ

Hillsdale, MI | http://WWW.HILLSDALE.EDU

Mission

Mission Statement: Hillsdale College is an independent, nonsectarian institution of higher learning founded in 1844 by men and women “grateful to God for the inestimable blessings” resulting from civil and religious liberty and “believing that the diffusion of learning is essential to the perpetuity of these blessings.” It pursues the stated object of the founders: “to furnish all persons who wish, irrespective of nation, color, or sex, a literary and scientific education” outstanding among American colleges “and to combine with this such moral and social instruction as will best develop the minds and improve the hearts of its pupils.” The College considers itself a trustee of modern man’s intellectual and spiritual inheritance from the Judeo-Christian faith and Greco-Roman culture, a heritage finding its clearest expression in the American experiment of self-government under law. By training the young in the liberal arts, Hillsdale College prepares students to become leaders worthy of that legacy. By encouraging the scholarship of its faculty, it contributes to the preservation of that legacy for future generations. By publicly defending that legacy, it enlists the aid of other friends of free civilization and thus secures the conditions of its own survival and independence. Identity Hillsdale is a selective, coeducational college of liberal arts for approximately 1,400 students. Fully accredited, it graduates students with the degree of bachelor of arts or bachelor of science and prepares them for graduate study, for professional schools, for teaching and for many vocational and cultural pursuits. Hillsdale’s founders opened the doors to all, regardless of race or religion, in 1844. It was the first college in Michigan, and the second in the United States, to admit women on par with men. Its cosmopolitan student body is assembled from homes in 47 states and 8 foreign countries. Aims Hillsdale College maintains its defense of the traditional liberal arts curriculum, convinced that it is the best preparation for meeting the challenges of modern life and that it offers to all people of all backgrounds not only an important body of knowledge, but also timeless truths about the human condition. The liberal arts are dedicated to stimulating students’ intellectual curiosity, to encouraging the critical, well-disciplined mind, and to fostering personal growth through academic challenge. They are a window on the past and a gateway to the future. The College values the merit of each unique individual, rather than succumbing to the dehumanizing, discriminatory trend of so called “social justice” and “multicultural diversity,” which judges individuals not as individuals, but as members of a group and which pits one group against other competing groups in divisive power struggles

Ruling year info

1943

Principal Officer

LARRY P ARNN

Main address

33 E College St

Hillsdale, MI 49242-1205 USA

Show more contact info

EIN

38-1374230

Subject area info

Undergraduate education

Population served info

Students

NTEE code info

Undergraduate College (4-year) (B42)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

STUDENT INSTRUCTION HILLSDALE COLLEGE MAINTAINS ITS DEFENSE OF THE CLASSICAL LIBERAL ARTS CURRICULUM, CONVINCED THAT IT IS THE BEST PREPARATION FOR MEETING THE CHALLENGES OF MODERN LIFE AND THAT IT OFFERS TO ALL PEOPLE OF ALL BACKGROUNDS NOT ONLY AN IMPORTANT BODY OF KNOWLEDGE, BUT ALSO TIMELESS TRUTHS ABOUT THE HUMAN CONDITION. THE LIBERAL ARTS ARE DEDICATED TO STIMULATING STUDENTS' INTELLECTUAL CURIOSITY, TO ENCOURAGING THE CRITICAL, WELL-DISCIPLINED MIND, AND TO FOSTERING PERSONAL GROWTH THROUGH ACADEMIC CHALLENGE. AS SUCH, THE COLLEGE MAINTAINS A RIGOROUS CORE CURRICULUM OF 50 ACADEMIC CREDITS, INCLUDING REQUIRED COURSES IN WESTERN AND AMERICAN HISTORY, THE GREAT BOOKS, THE U.S. CONSTITUTION, LOGIC AND RHETORIC, PHILOSOPHY, THEOLOGY, MATHEMATICS, THE ARTS AND SCIENCES, AND MORE. IN ADDITION TO THE CORE CURRICULUM, STUDENTS CHOOSE FROM 30 MAJORS AND SEVEN INTERDISCIPLINARY MAJORS. SEVEN MINORS-ONLY PROGRAMS AND NINE PRE-PROFESSIONAL PROGRAMS ARE ALSO OFFERED. THE FOUR-YEAR UNDERGRADUATE COURSE OF STUDY CULMINATES IN A BACHELOR OF ARTS OR BACHELOR OF SCIENCE DEGREE. HILLSDALE COLLEGE IS CONSISTENTLY RANKED HIGH ON LISTS OF THE BEST LIBERAL ARTS COLLEGES IN THE NATION BY SUCH PUBLICATIONS AS U.S. NEWS & WORLD REPORT, THE PRINCETON REVIEW, FORBES, AND KIPLINGER'S PERSONAL FINANCE. IN ADDITION TO ITS UNDERGRADUATE PROGRAM OF INSTRUCTION, THE COLLEGE OPERATES THE VAN ANDEL GRADUATE SCHOOL OF STATESMANSHIP ON CAMPUS, OFFERING MASTER'S AND DOCTORAL DEGREES IN POLITICS; THE STEVE & AMY VAN ANDEL GRADUATE SCHOOL OF GOVERNMENT IN WASHINGTON, D.C., OFFERING A MASTER OF ARTS DEGREE IN GOVERNMENT; AND THE DIANA DAVIS SPENCER GRADUATE SCHOOL OF CLASSICAL EDUCATION OFFERING A MASTERS OF ARTS DEGREE IN CLASSICAL EDUCATION. THE COLLEGE IS COMMITTED TO THE EXCELLENCE OF ITS STUDENTS IN BOTH INTELLECT AND CHARACTER. THIS COMMITMENT IS REFLECTED IN THE STUDENT HONOR CODE, WHICH READS, "A HILLSDALE COLLEGE STUDENT IS HONORABLE IN CONDUCT, HONEST IN WORD AND DEED, DUTIFUL IN STUDY AND SERVICE, AND RESPECTFUL OF THE RIGHTS OF OTHERS. THROUGH EDUCATION THE STUDENT RISES TO SELF-GOVERNMENT." HILLSDALE BOASTS A STUDENT-FACULTY RATIO OF 8 TO 1. IT HAS 168 FULL-TIME FACULTY, 90 PERCENT OF WHOM HOLD THE HIGHEST DEGREE IN THEIR DISCIPLINES.

Program 2

STUDENT SCHOLARSHIPS AND GRANTS HILLSDALE COLLEGE HAS BEEN COMMITTED TO INDEPENDENCE SINCE ITS FOUNDING IN 1844. WHEN A 1984 U.S. SUPREME COURT RULING THREATENED HILLSDALE WITH THE ENTIRE RANGE OF FEDERAL REGULATIONS BECAUSE SOME OF ITS STUDENTS RECEIVED FEDERAL FINANCIAL AID, THE COLLEGE RESOLVED THAT NOT A SINGLE HILLSDALE STUDENT WOULD ACCEPT EVEN ONE CENT OF FEDERAL GRANTS, LOANS, OR SCHOLARSHIPS. INSTEAD, HILLSDALE ESTABLISHED THE PRIVATELY FUNDED STUDENT INDEPENDENCE SCHOLARSHIP AND LOAN FUND IN PLACE OF TAXPAYER-FUNDED AID FOR DESERVING STUDENTS WHO SEEK THE KIND OF CLASSICAL LIBERAL ARTS EDUCATION OFFERED AT HILLSDALE. SINCE THE STUDENT INDEPENDENCE SCHOLARSHIP AND LOAN FUND WAS ESTABLISHED IN 1985, HILLSDALE HAS REPLACED FEDERAL AND STATE GRANTS AND LOANS WITH OVER $149 MILLION IN PRIVATE AWARDS. THE COST OF REPLACING GOVERNMENT AID WAS OVER $7.1 MILLION IN THE 2023-2024 ACADEMIC YEAR; THIS TOTAL ASSISTED 493 STUDENTS. IN ADDITION, THE COLLEGE AWARDED APPROXIMATELY $31.8 MILLION IN PRIVATE SCHOLARSHIPS THAT YEAR ON THE BASIS OF FINANCIAL NEED, ACADEMIC MERIT, CAMPUS LEADERSHIP, ATHLETIC AND MUSIC PARTICIPATION, AND OTHER QUALIFICATIONS. APPROXIMATELY 99 PERCENT OF HILLSDALE STUDENTS QUALIFY FOR AND RECEIVE SOME FORM OF INSTITUTIONAL AID.

Program 3

STUDENT SERVICES HILLSDALE'S STUDENT SERVICES INCLUDE THE ADMISSIONS OFFICE, CAREER SERVICES, ACADEMIC SERVICES, STUDENT AFFAIRS, AND HEALTH AND WELLNESS SERVICES. THE ADMISSIONS OFFICE RECEIVES AN INCREASING NUMBER AND HIGHER CALIBER OF APPLICATIONS EACH YEAR, LEADING TO A SELECTIVE ACCEPTANCE RATE OF 20 PERCENT FOR THE MOST RECENT ACADEMIC YEAR. THE OFFICE EMPHASIZES A HOLISTIC APPROACH TO APPLICATION REVIEWS AND CONDUCTS PERSONAL INTERVIEWS WITH ALMOST ALL APPLICANTS. THE CAREER SERVICES OFFICE HELPS STUDENTS DEVELOP THEIR STRENGTHS AND INTRODUCES THEM TO OPPORTUNITIES THROUGH MENTORING, NETWORK-BUILDING, JOB FAIRS, AND OTHER PROGRAMS. THE COLLEGE HAS A 98 PERCENT FIVE-YEAR GRADUATE PLACEMENT AVERAGE. A SURVEY OF THE 2023 GRADUATING CLASS SHOWED THAT 73 PERCENT WERE EMPLOYED, 25 PERCENT IN CONTINUING EDUCATION AND GRADUATE PROGRAMS, AND 2 PERCENT IN MILITARY AND VOLUNTEER SERVICE. HILLSDALE'S STUDENT AFFAIRS DEPARTMENT OVERSEES A NUMBER OF STUDENT INTEREST GROUPS, ACADEMIC HONORARIES, VOLUNTEER ORGANIZATIONS, AND THE COLLEGE'S FOUR FRATERNITIES AND THREE SORORITIES. HEALTH AND WELLNESS SERVICES PROVIDES MEDICAL AND MENTAL HEALTH SERVICES TO STUDENTS, FACULTY, AND STAFF.

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Financials

Hillsdale College

Fiscal year: Jul 01 - Jun 30

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2024

SOURCE: IRS Form 990

1.67

Average of 2.74 over 10 years

Months of cash in 2024

SOURCE: IRS Form 990

4.5

Average of 4.9 over 10 years

Fringe rate in 2024

SOURCE: IRS Form 990

26%

Average of 26% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Hillsdale College

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$106,892,694
Government Grants	$0
Program Services	$36,946,473
Investments	($22,783,331)
Special Events	$85,191
Sales	$416,103
Other	$927,167
Total Revenue	$122,484,297

Expenses
Program Services	$62,918,259
Administration	$8,842,853
Fundraising	$10,570,599
Total Expenses	$82,331,711
Net Gain/Loss	$40,152,586

Functional expenses
Accounting Fees	$72,806
Advertising & Promotion	$866,823
Information Technology Expenses	$1,332,543
Insurance Expenses	$0
Interest Expenses	$237,847
Investment Management Fees	$461,683
Legal Fees	$262,492
Pension Plan Contributions	$2,060,409
Professional Fundraising Expenses	$0

Revenue
Contributions	$31,769,026
Government Grants	$0
Program Services	$36,547,643
Investments	$7,226,376
Special Events	$81,266
Sales	$419,203
Other	$1,089,439
Total Revenue	$77,132,953

Expenses
Program Services	$63,285,819
Administration	$8,333,552
Fundraising	$12,290,093
Total Expenses	$83,909,464
Net Gain/Loss	($6,776,511)

Functional expenses
Accounting Fees	$63,934
Advertising & Promotion	$2,909,072
Information Technology Expenses	$435,855
Insurance Expenses	$0
Interest Expenses	$189,823
Investment Management Fees	$348,710
Legal Fees	$249,299
Pension Plan Contributions	$2,044,008
Professional Fundraising Expenses	$0

Revenue
Contributions	$44,725,986
Government Grants	$0
Program Services	$38,544,158
Investments	$13,288,689
Special Events	$92,609
Sales	$403,098
Other	$1,114,176
Total Revenue	$98,168,716

Expenses
Program Services	$63,429,980
Administration	$8,387,771
Fundraising	$19,058,398
Total Expenses	$90,876,149
Net Gain/Loss	$7,292,567

Functional expenses
Accounting Fees	$356,776
Advertising & Promotion	$711,374
Information Technology Expenses	$1,595,093
Insurance Expenses	$0
Interest Expenses	$508,283
Investment Management Fees	$0
Legal Fees	$208,160
Pension Plan Contributions	$2,131,484
Professional Fundraising Expenses	$0

Revenue
Contributions	$46,877,592
Government Grants	$0
Program Services	$41,160,935
Investments	$13,453,906
Special Events	$88,018
Sales	$944,911
Other	$1,460,587
Total Revenue	$103,985,949

Expenses
Program Services	$77,841,239
Administration	$11,203,970
Fundraising	$12,738,531
Total Expenses	$101,783,740
Net Gain/Loss	$2,202,209

Functional expenses
Accounting Fees	$389,603
Advertising & Promotion	$282,479
Information Technology Expenses	$1,873,258
Insurance Expenses	$0
Interest Expenses	$505,224
Investment Management Fees	$0
Legal Fees	$238,391
Pension Plan Contributions	$2,215,065
Professional Fundraising Expenses	$0

Revenue
Contributions	$149,194,829
Government Grants	$0
Program Services	$43,279,711
Investments	$17,038,835
Special Events	$66,481
Sales	$561,047
Other	$2,139,788
Total Revenue	$212,280,691

Expenses
Program Services	$77,054,518
Administration	$9,608,009
Fundraising	$17,883,611
Total Expenses	$104,546,138
Net Gain/Loss	$107,734,553

Functional expenses
Accounting Fees	$910,409
Advertising & Promotion	$162,320
Information Technology Expenses	$1,417,766
Insurance Expenses	$0
Interest Expenses	$427,926
Investment Management Fees	$0
Legal Fees	$265,899
Pension Plan Contributions	$2,389,720
Professional Fundraising Expenses	$0

Revenue
Contributions	$103,885,418
Government Grants	$0
Program Services	$46,455,153
Investments	$27,856,575
Special Events	$98,563
Sales	$449,602
Other	$2,419,940
Total Revenue	$181,165,251

Expenses
Program Services	$84,270,395
Administration	$11,924,179
Fundraising	$22,269,642
Total Expenses	$118,464,216
Net Gain/Loss	$62,701,035

Functional expenses
Accounting Fees	$574,797
Advertising & Promotion	$3,044,773
Information Technology Expenses	$2,345,425
Insurance Expenses	$0
Interest Expenses	$424,898
Investment Management Fees	$0
Legal Fees	$502,847
Pension Plan Contributions	$2,519,933
Professional Fundraising Expenses	$0

Revenue
Contributions	$118,585,719
Government Grants	$0
Program Services	$46,904,026
Investments	$31,705,218
Special Events	$83,319
Sales	$404,411
Other	$2,669,856
Total Revenue	$200,352,549

Expenses
Program Services	$91,017,016
Administration	$15,404,722
Fundraising	$23,432,055
Total Expenses	$129,853,793
Net Gain/Loss	$70,498,756

Functional expenses
Accounting Fees	$1,357,639
Advertising & Promotion	$4,209,301
Information Technology Expenses	$1,961,378
Insurance Expenses	$0
Interest Expenses	$224,430
Investment Management Fees	$0
Legal Fees	$827,180
Pension Plan Contributions	$2,695,307
Professional Fundraising Expenses	$0

Revenue
Contributions	$109,558,877
Government Grants	$0
Program Services	$49,627,751
Investments	$11,454,628
Special Events	$84,713
Sales	$403,653
Other	$1,654,879
Total Revenue	$172,784,501

Expenses
Program Services	$90,364,950
Administration	$15,198,304
Fundraising	$23,897,483
Total Expenses	$129,460,737
Net Gain/Loss	$43,323,764

Functional expenses
Accounting Fees	$85,000
Advertising & Promotion	$5,823,140
Information Technology Expenses	$1,904,089
Insurance Expenses	$0
Interest Expenses	$450,094
Investment Management Fees	$1,104,514
Legal Fees	$581,624
Pension Plan Contributions	$2,869,728
Professional Fundraising Expenses	$0

Revenue
Contributions	$144,893,509
Government Grants	$0
Program Services	$50,780,130
Investments	$31,586,513
Special Events	$78,963
Sales	$461,041
Other	$3,265,621
Total Revenue	$231,065,777

Expenses
Program Services	$100,272,951
Administration	$18,143,426
Fundraising	$25,075,586
Total Expenses	$143,491,963
Net Gain/Loss	$87,573,814

Functional expenses
Accounting Fees	$84,666
Advertising & Promotion	$8,624,222
Information Technology Expenses	$1,723,099
Insurance Expenses	$0
Interest Expenses	$224,717
Investment Management Fees	$1,388,209
Legal Fees	$582,602
Pension Plan Contributions	$2,998,441
Professional Fundraising Expenses	$0

Revenue
Contributions	$147,294,211
Government Grants	$0
Program Services	$54,337,372
Investments	$15,065,546
Special Events	$90,899
Sales	$323,621
Other	$2,244,778
Total Revenue	$219,356,427

Expenses
Program Services	$105,007,139
Administration	$18,012,869
Fundraising	$28,979,751
Total Expenses	$151,999,759
Net Gain/Loss	$67,356,668

Functional expenses
Accounting Fees	$72,000
Advertising & Promotion	$6,705,399
Information Technology Expenses	$2,085,847
Insurance Expenses	$0
Interest Expenses	$78,459
Investment Management Fees	$1,756,369
Legal Fees	$999,281
Pension Plan Contributions	$3,118,644
Professional Fundraising Expenses	$0

Revenue
Contributions	$128,396,316
Government Grants	$0
Program Services	$54,990,529
Investments	$23,739,786
Special Events	$68,473
Sales	$400,783
Other	$3,047,534
Total Revenue	$210,643,421

Expenses
Program Services	$109,211,042
Administration	$22,099,768
Fundraising	$34,917,941
Total Expenses	$166,228,751
Net Gain/Loss	$44,414,670

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$7,878,925
Information Technology Expenses	$3,875,382
Insurance Expenses	$0
Interest Expenses	$612,585
Investment Management Fees	$2,029,975
Legal Fees	$1,167,655
Pension Plan Contributions	$3,379,119
Professional Fundraising Expenses	$0

Revenue
Contributions	$184,464,315
Government Grants	$0
Program Services	$56,164,820
Investments	$38,170,593
Special Events	$20,086
Sales	$438,815
Other	$8,164,220
Total Revenue	$287,422,849

Expenses
Program Services	$116,942,292
Administration	$21,073,790
Fundraising	$34,792,498
Total Expenses	$172,808,580
Net Gain/Loss	$114,614,269

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$7,553,795
Information Technology Expenses	$3,769,526
Insurance Expenses	$0
Interest Expenses	$600,559
Investment Management Fees	$1,586,076
Legal Fees	$1,934,787
Pension Plan Contributions	$3,373,025
Professional Fundraising Expenses	$0

Revenue
Contributions	$256,292,905
Government Grants	$0
Program Services	$60,056,200
Investments	$51,244,542
Special Events	$88,862
Sales	($3,265,965)
Other	$3,580,139
Total Revenue	$367,996,683

Expenses
Program Services	$123,911,532
Administration	$22,281,409
Fundraising	$45,574,456
Total Expenses	$191,767,397
Net Gain/Loss	$176,229,286

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$6,599,139
Information Technology Expenses	$5,484,770
Insurance Expenses	$388,146
Interest Expenses	$0
Investment Management Fees	$437,046
Legal Fees	$1,929,270
Pension Plan Contributions	$3,563,697
Professional Fundraising Expenses	$0

Revenue
Contributions	$271,985,519
Government Grants	$0
Program Services	$63,352,203
Investments	$29,582,672
Special Events	$99,747
Sales	($2,904,487)
Other	$4,097,991
Total Revenue	$366,213,645

Expenses
Program Services	$140,506,329
Administration	$20,472,288
Fundraising	$53,287,092
Total Expenses	$214,265,709
Net Gain/Loss	$151,947,936

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$9,029,276
Information Technology Expenses	$6,593,782
Insurance Expenses	$4,525
Interest Expenses	$458,226
Investment Management Fees	$286,536
Legal Fees	$1,164,542
Pension Plan Contributions	$3,973,583
Professional Fundraising Expenses	$0

Revenue
Contributions	$253,577,837
Government Grants	$0
Program Services	$68,416,955
Investments	($7,386,506)
Special Events	$76,084
Sales	($4,320,155)
Other	$10,420,607
Total Revenue	$320,784,822

Expenses
Program Services	$152,925,134
Administration	$26,894,895
Fundraising	$68,707,162
Total Expenses	$248,527,191
Net Gain/Loss	$72,257,631

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$8,640,514
Information Technology Expenses	$7,313,523
Insurance Expenses	$0
Interest Expenses	$436,730
Investment Management Fees	$101,606
Legal Fees	$1,467,938
Pension Plan Contributions	$4,520,690
Professional Fundraising Expenses	$0

Revenue
Contributions	$268,471,774
Government Grants	$0
Program Services	$77,413,719
Investments	$40,261,198
Special Events	$110,889
Sales	($3,888,864)
Other	$11,784,321
Total Revenue	$394,153,037

Expenses
Program Services	$160,914,768
Administration	$29,375,462
Fundraising	$80,431,201
Total Expenses	$270,721,431
Net Gain/Loss	$123,431,606

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$18,038,006
Information Technology Expenses	$8,050,166
Insurance Expenses	$0
Interest Expenses	$512,387
Investment Management Fees	$57,147
Legal Fees	$2,557,750
Pension Plan Contributions	$5,130,458
Professional Fundraising Expenses	$0

Hillsdale College

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jul 01, 2008	Jun 30, 2009	Change
Contributions	$106,892,694
Cash & Equivalents	$27,952,500	$31,450,276	$3,497,776
Accounts Receivable	$2,597,414	$607,210	($1,990,204)
Pledges & Grants Receivable	$45,499,249	$52,751,930	$7,252,681
Receivable, Other	$29,548,758	$30,543,786	$995,028
Inventories for Sale or Use	$490,817	$459,291	($31,526)
Investment, Securities	$429,154,775	$390,156,596	($38,998,179)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$110,187,866	$116,471,834	$6,283,968
Other	$2,724,091	$2,237,126	($486,965)
Total Assets	$648,155,470	$624,678,049	($23,477,421)

Liabilities	Jul 01, 2008	Jun 30, 2009	Change
Accounts Payable	$22,623,613	$20,561,825	($2,061,788)
Grants Payable	$0	$0	$0
Deferred Revenue	$1,247,887	$1,337,026	$89,139
Loans and Notes	$6,307,086	$6,700,283	$393,197
Tax-Exempt Bond Liabilities	$12,520,000	$12,270,000	($250,000)
Other	$75,621,999	$74,831,557	($790,442)
Total Liabilities	$118,320,585	$115,700,691	($2,619,894)

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Number of employees

Source: IRS Form 990

Hillsdale College

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

Hillsdale College

Highest paid employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of highest paid employee data for this organization

Hillsdale College

Board of directors
as of 02/14/2025

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Alice H Hanley TRUSTEE

Brian S Wesbury TRUSTEE

Bruce C Sanborn TRUSTEE

Charles S Mcintyre TRUSTEE

Chris Chocola TRUSTEE

Christopher F Bachelder TRUSTEE

Cleves R Delp TRUSTEE

Daniel S Peters TRUSTEE

David A Durell TRUSTEE

David R Hough TRUSTEE

Donna R Ecton TRUSTEE

Gregory C Schuler TRUSTEE

James J Meeks TRUSTEE

Jeffrey H Coors TRUSTEE

Jessica A Faubert TRUSTEE

Kurt D Grindstaff TRUSTEE

Larry P Arnn PRESIDENT

Mark L Johnson TRUSTEE

Nena C Moss TRUSTEE

Nersi H Nazari TRUSTEE

Patrick L Sajak CHAIRMAN OF THE BOARD

R Mark Hamlin TRUSTEE

Richard E Hunter TRUSTEE

Ronald C Nolan TRUSTEE

Ronald D Robson TRUSTEE

S Gunnar Klarr TRUSTEE

Stephen A Van Andel VICE CHAIRMAN OF THE BOARD

Thomas C Shafer TRUSTEE

Thomas N Jordan TRUSTEE

Tobias W Buck TRUSTEE

Wayne R Nelson TRUSTEE

William A Nolan TRUSTEE

William J Brodbeck TRUSTEE, CHAIRMAN EMERITUS

William L Fraim TRUSTEE

Hillsdale College HQ

Mission

Programs and results

What we aim to solve

Our programs

Program 1

Program 2

Program 3

Where we work

This profile needs more info.

Financials

Revenue vs. expenses: breakdown

Liquidity in 2024 info

1.67

Months of cash in 2024 info

4.5

Fringe rate in 2024 info

26%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Hillsdale College

Hillsdale College

Operations

Documents

Number of employees

Hillsdale College

Compensation data

Hillsdale College

Compensation data

Hillsdale College

Board of directors data

Liquidity in 2024

Months of cash in 2024

Fringe rate in 2024

Funding sources

Assets & liabilities