Spelman College FY2021 filing

Tax-deductible

Atlanta, GA501(c)(3)Since 1881Colleges & UniversitiesEIN 58-0566243Revenue $183.0M in FY2021

On file with the IRSspelman.edu350 Spelman Ln Sw, 30314-4395 · Atlanta, GATax-exempt since Jul 1942School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$3.9M paid to officers and key staff.
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
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $69.4M a year · 33% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.9M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $1.4M
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$78.2M
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
27
of 29 voting members
Looks good: 27 of 29 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$183.0M
-6% vs prior year
Spent
$117.1M
To programs
76%
Net assets
$777.6M
By yearFY2020–FY2024
Revenue
$183.0M
FY2021▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$195.0M
FY2021$183.0M
FY2022$204.4M
FY2023$194.4M
FY2024$288.4M
FY2024$174.0M
Expenses
$117.1M
FY2021▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$123.1M
FY2021$117.1M
FY2022$145.6M
FY2023$160.8M
FY2024$171.5M
FY2024$186.4M
Net assets
$777.6M
FY2021▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2020$589.4M
FY2021$777.6M
FY2022$749.3M
FY2023$798.9M
FY2024$927.8M
FY2024$964.1M

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

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1942.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $88.7M Management & general 19% · $21.7M Fundraising 6% · $6.8M

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

56 people listed on the 990; $3.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$670,599Pt VII · Sec A
Chief Investment Officer & Treasurer
$350,492Pt VII · Sec A
$332,844Pt VII · Sec A
VP of Institutional Advancement
$248,411Pt VII · Sec A
CFO & VP of Bus & Fin Affairs
$248,394Pt VII · Sec A
VP Institutional Research
$229,153Pt VII · Sec A
Secretary of the College
$215,283Pt VII · Sec A
VP and Chief Information Officer
$209,629Pt VII · Sec A

Helene Gayle’s $2.0M as President (thru 11/21/2024) is at the 90th 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Helene Gayle$1,985,537$621,225$306,041———
Mary Schmidt Campbell PHD—$37,208$634,338$428,689$670,599$432,943
Robert D Flanigan JR———$388,756$350,492$353,917
Pamela Scott-Johnson$339,986—————
Dawn Alston$334,109$324,635$315,624$290,175$248,394$187,476
Sharon Davies———$239,817$332,844$324,300
Salena Jegede$295,359—————
Terri Reed$281,651$273,607$293,842$250,770$215,283$210,819

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 Spelman College executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Programs and updates

Provides academic excellence, research opportunities, and leadership training to empower women of African descent at a historically Black liberal arts college.

Questions for Spelman College

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

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

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $65.4M · in their own filed words · FY2020
01

Instructionfounded in 1881, spelman college is a private, nonprofit institution of higher education based in atlanta, georgia. The college is accredited by the commission on colleges of the southern association of colleges and schools and provides quality liberal arts education and training services for approximately 2,100 undergraduate…

$49.6Mprogram expense
02

Auxiliary enterprisesas a residential liberal arts college, spelman college provides on campus housing for approximately 1,400 students. Spelman also provides dining services to its residential students, as well as commuter students, faculty, staff and others. Spelman operates a 500 space parking deck for faculty, staff, and students.

$12.4Mprogram expense
03

Researchspelman college performs research, training and other similar services under grants with governmental agencies or sponsoring organizations.

$3.4Mprogram 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
See all 10 funders →
Grants paid · 47 grants · $146.1M · 2019–2024
Unitemized GrantFY2024$30,081,726
University of Maryland Eastern ShoreFY2024$35,999
William Paterson UniversityFY2024$34,213
University of WisconsinFY2024$33,784
University of North Carolina at PembrokeFY2024$26,158
Morehouse CollegeGA · FY2024$25,000
Clark Atlanta University INCGA · FY2024$25,000
University of North TexasFY2024$17,648
Virginia Commonwealth UniversityFY2024$17,439
The University of Texas Rio Grande ValleyFY2024$9,790
Emory UniversityGA · FY2024$5,194
Unitemized GrantFY2023$28,161,340
Michigan State UniversityMI · FY2023$67,360
Cal Poly CorporationCA · FY2023$28,632
See all 47 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$183.0M
Ln 12
Gifts and grantsLn 1h$91.9M
Fees for servicesLn 2g$62.7M
Investment incomeLn 3$26.6M
Money outPt IX
$117.1M
Ln 25
Programscol B$88.7M
Managementcol C$21.7M
Fundraisingcol D$6.8M
Owns and owesPt X
$777.6M
net assets · Ln 32
Cash and savingsLn 1–2$88.8M
Total assetsLn 16$855.8M
LiabilitiesLn 26$78.2M
PeoplePt VI, VII
56
listed · VII A
PaidVII A17
Voting boardVI 1a29
IndependentVI 1b27
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$91.9M
Government grantsLn 1e$13.4M
Noncash giftsLn 1g$2.2M
Fees for servicesLn 2g$62.7M
Investment incomeLn 3$26.6M
Other incomeLn 4–11$1.9M
Gains on assetsLn 7$26.2M
Total revenueLn 12$183.0M
Assets in detailPt X, end of year
CashLn 1$88.8M
Cash and savings togetherLn 1–2$88.8M
InvestmentsLn 11–13$570.8M
Land, buildings, equipmentLn 10c$160.9M
Other assetsLn 15$2.4M
Total assetsLn 16$855.8M
LiabilitiesLn 26$78.2M
Net assetsLn 32$777.6M
OperationsPt I, VI
EmployeesI 51,585
VolunteersI 6800
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$103.1M$88.8M
InvestmentsLn 11–13$378.6M$570.8M
Land, buildings, equipmentLn 10c$163.0M$160.9M
Total assetsLn 16$668.9M$855.8M
LiabilitiesLn 26$79.5M$78.2M
Net assetsLn 32$589.4M$777.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$182K$182K
Grants to domestic individualsLn 2$19.6M$19.6M
Pay of current officers, directors and key staffLn 5$2.9M$1.0M$1.4M$441K
Other salaries and wagesLn 7$39.6M$31.7M$4.4M$3.4M
Pension plan contributionsLn 8$2.3M$1.8M$279K$213K
Other employee benefitsLn 9$6.5M$5.1M$796K$608K
Payroll taxesLn 10$3.0M$2.4M$370K$283K
Legal feesLn 11b$617K$617K
Accounting feesLn 11c$512K$512K
Lobbying feesLn 11d$72K$72K
Professional fundraising feesLn 11e$117K$117K
Investment management feesLn 11f$1.7M$1.7M
Other fees for servicesLn 11g$4.3M$2.9M$984K$330K
Office expensesLn 13$3.1M$2.1M$676K$239K
OccupancyLn 16$3.4M$3.1M$371K
TravelLn 17$129K$87K−$7K$49K
InterestLn 20$2.1M$1.6M$543K
Depreciation, depletion and amortizationLn 22$5.4M$4.5M$901K
InsuranceLn 23$1.5M$1.1M$388K
Other expenses (24a–d)Ln 24$9.6M$6.5M$2.2M$904K
All other expensesLn 24e$10.5M$4.9M$5.5M$129K
Total functional expensesLn 25$117.1M$88.7M$21.7M$6.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $288.4M$171.5M$117.0M$927.8M 990 PDF
FY2023 $194.4M$160.8M$33.6M$798.9M 990 PDF
FY2022 $204.4M$145.6M$58.8M$749.3M 990 PDF
FY2021 Viewing $183.0M$117.1M$65.9M$777.6M 990 PDF
FY2020 $195.0M$123.1M$71.9M$589.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $182,970,731 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $80,519,271$91,864,557
I-9 Program service revenuePrior year $81,324,190$62,657,495
I-10 Investment incomePrior year $32,105,648$26,580,537
I-11 Other revenuePrior year $1,037,063$1,868,142
I-12 Total revenuePrior year $194,986,172$182,970,731
I-13 Grants and similar amounts paidPrior year $20,008,974$19,783,165
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $59,138,843$54,307,641
I-16a Professional fundraising feesPrior year $274,200$116,914
I-17 Other expensesPrior year $43,667,201$42,889,843
I-18 Total expensesPrior year $123,089,218$117,097,563
I-19 Revenue less expensesPrior year $71,896,954$65,873,168
Part VI · Governance 27 of 29 board members independent, no flags
VI-1a Voting members of the governing body29
VI-1b Independent voting members27
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 $182,970,731 across 9 lines filed
Lines not itemized here account for $1,427,040 of total revenue; see the IRS return.
VIII-1e Government grants$13,380,911
VIII-1f All other contributions, gifts and grants$78,483,646
VIII-1g Noncash contributions (included above)$2,235,218
VIII-1h Total contributions, gifts and grants$91,864,557
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $62,657,495$62,657,495
VIII-3 Investment incomeUnrelated business $78,188 · Excluded from tax $254,329$332,517
VIII-7 Net gain or loss on sales of assetsExcluded from tax $26,248,020$26,248,020
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $441,102$441,102
VIII-12 Total revenueRelated to mission $64,525,637 · Unrelated business $78,188 · Excluded from tax $26,502,349$182,970,731
Part IX · Statement of functional expenses $117,097,563 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $181,747$181,747
IX-2 Grants to domestic individualsPrograms $19,601,418$19,601,418
IX-5 Pay of current officers, directors and key staffPrograms $1,016,825 · Management $1,445,285 · Fundraising $441,471$2,903,581
IX-7 Other salaries and wagesPrograms $31,742,937 · Management $4,446,678 · Fundraising $3,437,400$39,627,015
IX-8 Pension plan contributionsPrograms $1,780,291 · Management $278,785 · Fundraising $212,923$2,271,999
IX-9 Other employee benefitsPrograms $5,084,932 · Management $796,277 · Fundraising $608,159$6,489,368
IX-10 Payroll taxesPrograms $2,363,022 · Management $370,038 · Fundraising $282,618$3,015,678
IX-11b Legal feesManagement $617,483$617,483
IX-11c Accounting feesManagement $511,821$511,821
IX-11d Lobbying feesManagement $72,000$72,000
IX-11e Professional fundraising feesFundraising $116,914$116,914
IX-11f Investment management feesManagement $1,665,998$1,665,998
IX-11g Other fees for servicesPrograms $2,944,569 · Management $984,461 · Fundraising $330,319$4,259,349
IX-13 Office expensesPrograms $2,142,974 · Management $676,184 · Fundraising $238,956$3,058,114
IX-16 OccupancyPrograms $3,075,563 · Management $370,523$3,446,086
IX-17 TravelPrograms $86,836 · Management −$6,856 · Fundraising $49,185$129,165
IX-20 InterestPrograms $1,571,185 · Management $543,154$2,114,339
IX-22 Depreciation, depletion and amortizationPrograms $4,521,325 · Management $900,931$5,422,256
IX-23 InsurancePrograms $1,104,236 · Management $387,855$1,492,091
IX-24 Other expenses (24a–d)Programs $6,537,147 · Management $2,168,298 · Fundraising $903,583$9,609,028
IX-24e All other expensesPrograms $4,900,154 · Management $5,462,695 · Fundraising $129,264$10,492,113
IX-25 Total functional expensesPrograms $88,655,161 · Management $21,691,610 · Fundraising $6,750,792$117,097,563
Part X · Balance sheet $855,779,306 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $103,071,235$88,804,528
X-3 Pledges and grants receivableStart of year $21,453,446$32,128,887
X-4 Accounts receivableStart of year $1,552,596$700,606
X-10c Land, buildings and equipment, netStart of year $163,021,166$160,930,886
X-11 Publicly traded securitiesStart of year $53,706,274$88,608,734
X-12 Other securitiesStart of year $324,235,235$482,238,108
X-13 Program-related investmentsStart of year $627,114$0
X-15 Other assetsStart of year $1,232,373$2,367,557
X-16 Total assetsStart of year $668,899,439$855,779,306
X-17 Accounts payable and accrued expensesStart of year $11,945,835$13,767,186
X-19 Deferred revenueStart of year $716,589$1,206,196
X-20 Tax-exempt bond liabilitiesStart of year $65,846,964$60,990,513
X-25 Other liabilitiesStart of year $1,001,922$2,191,534
X-26 Total liabilitiesStart of year $79,511,310$78,155,429
X-27 Net assets without donor restrictionsStart of year $165,990,624$213,970,576
X-28 Net assets with donor restrictionsStart of year $423,397,505$563,653,301
X-32 Total net assets or fund balancesStart of year $589,388,129$777,623,877
X-33 Total liabilities and net assetsStart of year $668,899,439$855,779,306
Part XI · Reconciliation of net assets $777,623,877 net assets at year end
XI-1 Total revenue$182,970,731
XI-2 Total expenses$117,097,563
XI-3 Revenue less expenses$65,873,168
XI-4 Net assets at start of year$589,388,129
XI-5 Net unrealized gains (losses) on investments$122,362,580
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$777,623,877

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.