Oberlin College
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Educates undergraduate students through rigorous liberal arts and music conservatory programs, preparing them for leadership and creative problem-solving in a residential campus setting. For fiscal year 2025 it reported $363.0M in revenue, $344.4M in expenses, and $1.8B in net assets.Pt I
Summary of the Filing
Where the work happens
Oberlin College is a liberal arts institution made up of the College of Arts & Sciences and the Conservatory of Music. The College served 2,886 full-time equivalent undergraduate students, awarding scholarships to 2,957 of them. The average student received $37,555 in financial aid. The College is essentially residential.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Jun Yang’s $755K as Chief Investment Officer is at the 63rd 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 |
|---|---|---|---|---|---|---|
| Carmen Ambar | $592,962 | $1,182,298 | — | — | — | — |
| Jun Yang | $755,043 | $869,917 | — | — | — | — |
| Jun Yang | — | — | $766,519 | $645,121 | $675,139 | $383,485 |
| Carmen Twillie Ambar | — | — | $546,865 | $512,585 | $497,528 | — |
| Carmen Twillie Amber | — | — | — | — | — | $480,401 |
| Timothy E Elgren | — | — | — | — | — | $320,082 |
| Rebecca Vazquez-Skillings | $287,608 | $290,622 | — | — | — | — |
| Matthew Lahey | — | — | $286,119 | — | — | — |
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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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 | 93% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 18% | — | — |
| Revenue growth | -22% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
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.
Grants
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Filings & Schedule Manifest
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Sources
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