Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1934.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
45 people listed on the 990; $7.4M paid to officers and key staff.
Collette Chilton’s $1.6M as Former Chief Investment Officer (through June 30, 2023) is at the 88th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Collette Chilton | $1,637,836 | $916,166 | $1,207,165 | $1,816,881 | $1,530,757 | $1,415,408 |
| Maud Mandel | $820,656 | $674,852 | $613,569 | $594,552 | $561,604 | $554,405 |
| Julia Crosby | — | — | $369,240 | $779,434 | $682,233 | $644,985 |
| Bradford Wakeman | $425,021 | $474,042 | $549,467 | $723,305 | $651,063 | — |
| Abigail Wattley | $585,520 | $565,011 | $590,819 | $710,446 | $591,165 | — |
| Bradford B Wakeman | — | — | — | — | — | $635,446 |
| Paul Mace | $634,016 | — | — | — | — | — |
| Michael Wagner | $579,806 | $557,196 | $581,305 | $252,221 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II3 listed
Programs and updates
Provides a comprehensive liberal arts education to undergraduate and graduate students through diverse degree programs in the humanities, social sciences, and natural sciences.
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Williams is an independent liberal arts college for approximately 2,100 full-time undergraduate and 50 graduate students who come from all of the 50 states and countries from around the world.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $112.6M | $180.3M |
| InvestmentsLn 11–13 | $3.91B | $4.07B |
| Land, buildings, equipmentLn 10c | $692.1M | $696.0M |
| Total assetsLn 16 | $4.82B | $5.08B |
| LiabilitiesLn 26 | $946.5M | $967.0M |
| Net assetsLn 32 | $3.87B | $4.11B |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $417K | $417K | ||
| Grants to domestic individualsLn 2 | $71.8M | $71.8M | ||
| Grants and assistance to foreign recipientsLn 3 | $1.1M | $1.1M | ||
| Pay of current officers, directors and key staffLn 5 | $4.1M | $1.2M | $1.8M | $1.2M |
| Pay of disqualified personsLn 6 | $529K | $492K | $37K | |
| Other salaries and wagesLn 7 | $123.8M | $105.3M | $13.9M | $4.6M |
| Pension plan contributionsLn 8 | $10.5M | $8.9M | $1.2M | $387K |
| Other employee benefitsLn 9 | $23.6M | $20.4M | $2.5M | $709K |
| Payroll taxesLn 10 | $9.1M | $7.7M | $1.0M | $335K |
| Legal feesLn 11b | $720K | $46K | $674K | |
| Accounting feesLn 11c | $212K | $4K | $203K | $6K |
| Lobbying feesLn 11d | $98K | $83K | $11K | $4K |
| Other fees for servicesLn 11g | $22.2M | $21.3M | $174K | $732K |
| Advertising and promotionLn 12 | $162K | $62K | $100K | |
| Office expensesLn 13 | $10.7M | $9.9M | $809K | $70K |
| Information technologyLn 14 | $3.2M | $2.4M | $732K | $149K |
| OccupancyLn 16 | $8.7M | $8.1M | $444K | $219K |
| TravelLn 17 | $7.2M | $6.4M | $460K | $327K |
| Conferences, conventions and meetingsLn 19 | $238K | $197K | $25K | $15K |
| InterestLn 20 | $10.3M | $8.8M | $1.2M | $381K |
| Depreciation, depletion and amortizationLn 22 | $30.8M | $27.5M | $2.1M | $1.2M |
| InsuranceLn 23 | $2.1M | $28K | $2.1M | $101 |
| Other expenses (24a–d)Ln 24 | $24.3M | $22.9M | $1.2M | $142K |
| All other expensesLn 24e | $0 | $0 | $0 | $0 |
| Total functional expensesLn 25 | $366.1M | $325.0M | $30.6M | $10.4M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Viewing | $447.9M | $366.1M | $81.8M | $4.1B | 990 PDF |
| FY2023 | $424.1M | $357.0M | $67.1M | $3.9B | 990 PDF |
| FY2022 | $557.2M | $335.6M | $221.5M | $3.9B | 990 PDF |
| FY2021 | $397.4M | $310.4M | $87.0M | $4.4B | 990 PDF |
| FY2020 | $349.9M | $323.5M | $26.4M | $3.2B | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $447,892,568 across 9 lines filed
Part IX · Statement of functional expenses $366,089,597 across 24 lines filed
Part X · Balance sheet $5,075,834,072 assets, 24 lines filed
Part XI · Reconciliation of net assets $4,108,800,653 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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