Keuka College FY2021 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $5,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

To create exemplary citizens and leaders to serve the nation and the world of the 21st century.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $2.2M a year · 4% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
80% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 3% of spending
Pay to officers and key staff is 3% of spending.
Part VII, Section A
2.2 mo
of spending, in cash
Plus $16.9M in investments, Pt X · Ln 11–13
2.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$29.0M
43% of total assets
Liabilities are 43% of assets.
Pt X · Ln 26
Independent board members
20
of 21 voting members
20 of 21 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$55.5M
-11% vs prior year
Spent
$51.6M
To programs
80%
Net assets
$38.0M
By yearFY2020–FY2025
Revenue
$55.5M
FY2021▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$62.5M
FY2021$55.5M
FY2022$52.3M
FY2023$53.6M
FY2024$56.9M
FY2025$58.5M
Expenses
$51.6M
FY2021▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$58.1M
FY2021$51.6M
FY2022$51.6M
FY2023$52.4M
FY2024$55.5M
FY2025$56.9M
Net assets
$38.0M
FY2021▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020$31.4M
FY2021$38.0M
FY2022$35.9M
FY2023$38.0M
FY2024$39.9M
FY2025$42.3M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1939.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $41.4M Management & general 19% · $9.8M Fundraising 1% · $382K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

31 people listed on the 990; $1.4M paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$299,834Pt VII · Sec A
VP for Enrollment & Stud.
$168,539Pt VII · Sec A
Provost & VP for Acad Affa
$156,580Pt VII · Sec A
VP Finance & Admin
$141,029Pt VII · Sec A
Division Chair of Nursing
$133,725Pt VII · Sec A
VP Comm, Mktg & IT
$126,616Pt VII · Sec A
Associate Provost
$122,363Pt VII · Sec A
Controller
$108,889Pt VII · Sec A

Amy Storey’s $359K as President is at the 75th percentile of top reported officer pay among 3683 $10–100M 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Amy Storey$358,698$369,659$335,202$310,996$299,834$307,431
Brad Fuster$140,418$206,961$190,656$165,603$156,580$164,375
Robert Baumet$89,509$196,619$178,595$149,928$141,029$146,067
Pete Bekisz$194,692$182,165$168,924$141,467$126,616$121,077
Heather Maldonado$188,989$152,909$145,706———
Mark Petrie——$158,603$177,852$168,539$175,000
Timothy Sellers$151,658$167,711$143,656$128,121$122,363$120,875
Phil Catalano$145,471$146,862————

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.

See Keuka College executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Develops young people into exemplary citizens and leaders for a global future.

Questions for Keuka College

Tap to ask. Keuka College sees how many people are interested.

Your first name shows with your question. Keuka College answers here, for everyone.

1 program · $41.4M · in their own filed words · FY2020
01

Since its founding in 1890 as a spiritually centered college of liberal arts and practical learning, keuka college has graduated generations of humanists and scientists, contributive citizens and caring leaders; women and men energetically engaged in the art of leading productive and fulfilling lives.

$41.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$5K
Grants paid · 6 grants · $111.3M · 2019–2024
Unitemized GrantFY2024$20,702,219
Unitemized GrantFY2023$18,560,530
Unitemized GrantFY2022$16,558,710
Unitemized GrantFY2021$17,166,134
Unitemized GrantFY2020$18,354,251
Unitemized GrantFY2019$19,929,677

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $19.9M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$15.6M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.0M
Higher Education Institutional AidDepartment of Education · ALN 84.031 · Direct$380K
Substance Abuse and Mental Health Services Projects of Regional and National SignificanceDepartment of Health and Human Services · ALN 93.243 · Direct$294K
Teacher Education Assistance for College and Higher Education Grants (teach Grants)Department of Education · ALN 84.379 · Direct$236K

Plus 2 smaller programs.

The auditor reported no findings.

Year ending Jun 2024 · $17.9M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$14.3M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.7M
Higher Education Institutional AidDepartment of Education · ALN 84.031 · Direct$375K
Teacher Education Assistance for College and Higher Education Grants (teach Grants)Department of Education · ALN 84.379 · Direct$245K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$91K

Plus 2 smaller programs.

The auditor reported no findings.

Year ending Jun 2023 · $18.6M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$12.4M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$3.3M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.1M
Higher Education_institutional AidDepartment of Education · ALN 84.031 · Direct$363K
Teacher Education Assistance for College and Higher Education Grants (teach Grants)Department of Education · ALN 84.379 · Direct$223K

Plus 3 smaller programs.

The auditor reported no findings.

Year ending Jun 2022 · $17.7M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$11.6M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$2.8M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.3M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$281K
Teacher Education Assistance for College and Higher Education Grants (teach Grants)Department of Education · ALN 84.379 · Direct$232K

Plus 4 smaller programs.

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$55.5M
Ln 12
Fees for servicesLn 2g$50.3M
Gifts and grantsLn 1h$3.9M
Investment incomeLn 3$937K
Money outPt IX
$51.6M
Ln 25
Programscol B$41.4M
Managementcol C$9.8M
Fundraisingcol D$382K
Owns and owesPt X
$38.0M
net assets · Ln 32
Cash and savingsLn 1–2$9.7M
Total assetsLn 16$67.0M
LiabilitiesLn 26$29.0M
PeoplePt VI, VII
31
listed · VII A
PaidVII A11
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.9M
Government grantsLn 1e$2.6M
Noncash giftsLn 1g$295K
Fees for servicesLn 2g$50.3M
Investment incomeLn 3$937K
Other incomeLn 4–11$404K
Gains on assetsLn 7$680K
Total revenueLn 12$55.5M
Assets in detailPt X, end of year
CashLn 1$9.7M
Cash and savings togetherLn 1–2$9.7M
Pledges and grants receivableLn 3$1.8M
Accounts receivableLn 4$1.8M
Loans to officers and key peopleLn 5$207K
Notes and loans receivableLn 7$965K
Inventories for sale or useLn 8$13K
Prepaid expenses and deferred chargesLn 9$404K
Land, buildings, equipmentLn 10c$32.8M
InvestmentsLn 11–13$16.9M
Other assetsLn 15$2.4M
Total assetsLn 16$67.0M
LiabilitiesLn 26$29.0M
Net assetsLn 32$38.0M
OperationsPt I, VI
EmployeesI 5696
VolunteersI 6407
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$5.9M
Bond issues listedSch K Pt I1
Raised by those issuesSch K Pt I$10.5M
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$295K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$87K
Share of the $18.8M endowmentSch D 1g0.46%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$18.8M$15.7M$14.8M$14.7M$14.2M
AddedLn 1b$743K$728K$322K$314K$358K
SpentLn 1d–1f$1.2M$820K$953K$875K$806K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$6.8M$9.7M
InvestmentsLn 11–13$13.1M$16.9M
Land, buildings, equipmentLn 10c$34.4M$32.8M
Total assetsLn 16$64.2M$67.0M
LiabilitiesLn 26$32.8M$29.0M
Net assetsLn 32$31.4M$38.0M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$18.4M$18.4M
Pay of officers and key staff (Part IX, line 5)Ln 5$884K$884K
Other salaries and wagesLn 7$13.2M$10.2M$2.7M$259K
Pension plan contributionsLn 8$389K$389K
Other employee benefitsLn 9$2.4M$1.7M$603K$82K
Payroll taxesLn 10$1.2M$873K$308K
Legal feesLn 11b$133K$133K
Accounting feesLn 11c$58K$58K
Investment management feesLn 11f$87K$19K$68K
Other fees for servicesLn 11g$3.2M$2.1M$1.1M$6K
Advertising and promotionLn 12$816K$1K$815K
Office expensesLn 13$1.6M$962K$587K$6K
Information technologyLn 14$41K$41K
OccupancyLn 16$3.1M$3.0M$85K
TravelLn 17$56K$52K$4K$185
Conferences, conventions and meetingsLn 19$27K$14K$13K$45
InterestLn 20$829K$745K$83K
Depreciation, depletion and amortizationLn 22$3.0M$2.7M$304K
InsuranceLn 23$448K$448K
Other expenses (24a–d)Ln 24$1.7M$558K$1.1M$29K
All other expensesLn 24e$113K$61K$51K
Total functional expensesLn 25$51.6M$41.4M$9.8M$382K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 10, 2026 $58.5M$56.9M$1.6M$42.3M 990 PDF
FY2024Filed with the IRS May 2, 2025 $56.9M$55.5M$1.5M$39.9M 990 PDF
FY2023Filed with the IRS Mar 14, 2024 $53.6M$52.4M$1.2M$38.0M 990 PDF
FY2022Filed with the IRS May 10, 2023 $52.3M$51.6M$729K$35.9M 990 PDF
FY2021 ViewingFiled with the IRS May 12, 2022 $55.5M$51.6M$4.0M$38.0M 990 PDF
FY2020Filed with the IRS May 10, 2021 $62.5M$58.1M$4.4M$31.4M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay M · Noncash O · Explanations
See the full FY2021 990
Part I · Summary $55,540,372 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,123,983$3,860,068
I-9 Program service revenuePrior year $56,164,113$50,338,519
I-10 Investment incomePrior year $749,382$937,293
I-11 Other revenuePrior year $464,550$404,492
I-12 Total revenuePrior year $62,502,028$55,540,372
I-13 Grants and similar amounts paidPrior year $19,943,089$18,354,251
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $21,971,664$18,042,635
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $16,200,981$15,178,966
I-18 Total expensesPrior year $58,115,734$51,575,852
I-19 Revenue less expensesPrior year $4,386,294$3,964,520
Part VI · Governance 20 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $55,540,372 across 10 lines filed
VIII-1e Government grants$2,605,133
VIII-1f All other contributions, gifts and grants$1,254,935
VIII-1g Noncash contributions (included above)$295,133
VIII-1h Total contributions, gifts and grants$3,860,068
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $50,329,821 · Unrelated business $8,698$50,338,519
VIII-3 Investment incomeExcluded from tax $257,067$257,067
VIII-6 Net rental income or lossRelated to mission $110,340 · Unrelated business −$18,291$92,049
VIII-7 Net gain or loss on sales of assetsExcluded from tax $680,226$680,226
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $304,060 · Unrelated business $8,383$312,443
VIII-12 Total revenueRelated to mission $50,744,221 · Unrelated business −$1,210 · Excluded from tax $937,293$55,540,372
Part IX · Statement of functional expenses $51,575,852 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $18,354,251$18,354,251
IX-5 Pay of officers and key staff (Part IX, line 5)Management $884,239$884,239
IX-7 Other salaries and wagesPrograms $10,214,818 · Management $2,721,852 · Fundraising $258,723$13,195,393
IX-8 Pension plan contributionsManagement $389,097$389,097
IX-9 Other employee benefitsPrograms $1,708,193 · Management $603,035 · Fundraising $81,741$2,392,969
IX-10 Payroll taxesPrograms $872,812 · Management $308,125$1,180,937
IX-11b Legal feesManagement $132,801$132,801
IX-11c Accounting feesManagement $57,645$57,645
IX-11f Investment management feesPrograms $19,080 · Management $67,936$87,016
IX-11g Other fees for servicesPrograms $2,064,864 · Management $1,129,136 · Fundraising $6,233$3,200,233
IX-12 Advertising and promotionPrograms $1,140 · Management $814,786$815,926
IX-13 Office expensesPrograms $961,711 · Management $587,352 · Fundraising $6,077$1,555,140
IX-14 Information technologyManagement $41,149$41,149
IX-16 OccupancyPrograms $3,034,013 · Management $85,137$3,119,150
IX-17 TravelPrograms $52,249 · Management $3,943 · Fundraising $185$56,377
IX-19 Conferences, conventions and meetingsPrograms $13,764 · Management $13,480 · Fundraising $45$27,289
IX-20 InterestPrograms $745,468 · Management $83,226$828,694
IX-22 Depreciation, depletion and amortizationPrograms $2,722,935 · Management $304,002$3,026,937
IX-23 InsuranceManagement $447,839$447,839
IX-24 Other expenses (24a–d)Programs $558,423 · Management $1,082,881 · Fundraising $28,776$1,670,080
IX-24e All other expensesPrograms $61,430 · Management $51,260$112,690
IX-25 Total functional expensesPrograms $41,385,151 · Management $9,808,921 · Fundraising $381,780$51,575,852
Part X · Balance sheet $66,972,715 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $6,784,284$9,669,160
X-3 Pledges and grants receivableStart of year $2,808,440$1,803,739
X-4 Accounts receivableStart of year $2,342,210$1,845,650
X-5 Loans to officers and key peopleStart of year $218,031$206,575
X-7 Notes and loans receivableStart of year $1,112,578$964,501
X-8 Inventories for sale or useStart of year $15,715$13,053
X-9 Prepaid expenses and deferred chargesStart of year $354,599$404,114
X-10c Land, buildings and equipment, netStart of year $34,413,443$32,777,093
X-11 Publicly traded securitiesStart of year $13,074,183$16,911,509
X-15 Other assetsStart of year $3,099,798$2,377,321
X-16 Total assetsStart of year $64,223,281$66,972,715
X-17 Accounts payable and accrued expensesStart of year $3,653,721$1,911,427
X-19 Deferred revenueStart of year $2,993,032$3,241,199
X-20 Tax-exempt bond liabilitiesStart of year $6,386,167$5,877,408
X-23 Secured mortgages and notes payableStart of year $15,792,924$14,155,413
X-25 Other liabilitiesStart of year $3,965,105$3,808,530
X-26 Total liabilitiesStart of year $32,790,949$28,993,977
X-27 Net assets without donor restrictionsStart of year $9,965,789$14,856,613
X-28 Net assets with donor restrictionsStart of year $21,466,543$23,122,125
X-32 Total net assets or fund balancesStart of year $31,432,332$37,978,738
X-33 Total liabilities and net assetsStart of year $64,223,281$66,972,715
Part XI · Reconciliation of net assets $37,978,738 net assets at year end
XI-1 Total revenue$55,540,372
XI-2 Total expenses$51,575,852
XI-3 Revenue less expenses$3,964,520
XI-4 Net assets at start of year$31,432,332
XI-5 Net unrealized gains (losses) on investments$2,581,886
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$37,978,738

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.