Bard College
Provides a rigorous liberal arts education through collaborative undergraduate programs, graduate studies, and specialized research institutes on a historic Hudson River campus. For fiscal year 2025 it reported $930.3M in revenue, $408.4M in expenses, and $1.1B in net assets.Pt I
- Founded
- 1860
- Type
- Higher education institution · Colleges & Universities
- Location
- Annandale, NY
- Website
- www.bard.edu
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Leon Botstein’s $565K as President/Trustee is at the 48th 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 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Leon Botstein | $565,417 | $575,000 | $575,000 | $441,537 | $444,551 | $439,651 |
| Tom Eccles | $467,098 | $464,994 | $479,891 | $404,891 | $380,891 | $354,254 |
| Taun Toay | $392,595 | $392,502 | $343,400 | $380,000 | $271,127 | $216,632 |
| Jonathan Becker | $391,251 | $392,001 | $343,400 | $380,000 | $243,702 | $241,901 |
| Karen Zorn | $335,761 | $321,208 | $311,852 | $286,846 | $269,811 | $245,046 |
| James Brudvig | — | — | $272,647 | $267,481 | $271,220 | $288,183 |
| James Bagwell | — | $220,575 | $280,158 | $209,775 | $207,775 | $204,695 |
| Debra Pemstein | $276,723 | $257,516 | $250,866 | $248,382 | $248,382 | $246,547 |
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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Where the work happens
Bard college is an independent, comprehensive liberal arts college located on a park-like campus that covers more than 1,500 acres bordering the hudson river. Bard has developed a new vision and model of the liberal arts college, as a central body surrounded by significant institutes and programs - "satellites" - that strengthen its'…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 91% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 0.7% | — | — |
| Revenue growth | 180% | — | — |
| Investment management fee ratio | <0.01% | — | — |
| Legal fee ratio | 0.3% | — | — |
| Accounting fee ratio | 0.05% | — | — |
| Fundraising fee ratio | 0.04% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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