Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1935.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 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
50 people listed on the 990; $3.8M paid to officers and key staff.
Stephen Thorsett’s $501K as President is at the 38th 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 |
|---|---|---|---|---|---|---|
| Stephen E Thorsett | — | — | — | $641,568 | $401,690 | $414,138 |
| Stephen Thorsett | $500,509 | $487,093 | $484,263 | — | — | — |
| Shelby Radcliffe | $272,564 | $342,077 | $260,974 | $253,462 | $256,054 | $260,955 |
| Daniel Valles SR Vice | $246,390 | $265,063 | $262,276 | $283,950 | $217,618 | — |
| Symeon Symeonides | — | — | — | — | — | $275,518 |
| Symeon Symeonides Alex L | — | — | $202,727 | $240,665 | $272,951 | — |
| Brian Gallini | — | $268,039 | $262,794 | $254,892 | $160,971 | — |
| Anne Gallagher Associate | — | $160,684 | $156,887 | $261,948 | — | — |
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
Programs and updates
Provides rigorous higher education in the liberal arts and professional fields, preparing students for lives of achievement, contribution, and leadership through active campus learning.
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Higher Education
Instruction and support: 1,212 in the college of arts and sciences, 316 in the college of law, 142 in the atkinson graduate school of management, 5 in data science, 70 in a joint degree program, 369 in pacific northwest college of arts, and 81 in the hallie ford school of graduate studies (2,195 students).
Higher Education
Auxiliary functions: includes room & board (for 818 students) and summer conferences.
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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 FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $23.6M | $32.5M |
| InvestmentsLn 11–13 | $413.9M | $322.6M |
| Land, buildings, equipmentLn 10c | $165.0M | $166.6M |
| Total assetsLn 16 | $639.5M | $555.4M |
| LiabilitiesLn 26 | $182.3M | $163.8M |
| Net assetsLn 32 | $457.2M | $391.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $47.9M | $47.9M | ||
| Pay of current officers, directors and key staffLn 5 | $3.5M | $443K | $2.5M | $562K |
| Pay of disqualified personsLn 6 | $348K | $186K | $96K | $66K |
| Other salaries and wagesLn 7 | $45.6M | $39.3M | $4.5M | $1.9M |
| Pension plan contributionsLn 8 | $4.2M | $3.6M | $427K | $201K |
| Other employee benefitsLn 9 | $6.6M | $5.5M | $772K | $354K |
| Payroll taxesLn 10 | $3.5M | $2.9M | $433K | $186K |
| Legal feesLn 11b | $365K | $20K | $345K | |
| Accounting feesLn 11c | $371K | $48K | $323K | |
| Professional fundraising feesLn 11e | $85K | $85K | ||
| Investment management feesLn 11f | $1.7M | $1.7M | ||
| Other fees for servicesLn 11g | $8.9M | $6.2M | $2.4M | $261K |
| Advertising and promotionLn 12 | $724K | $500K | $220K | $4K |
| Office expensesLn 13 | $3.8M | $3.0M | $546K | $283K |
| Information technologyLn 14 | $2.5M | $2.3M | $66K | $133K |
| OccupancyLn 16 | $4.8M | $4.6M | $247K | $3K |
| TravelLn 17 | $1.8M | $1.7M | $51K | $71K |
| Conferences, conventions and meetingsLn 19 | $135K | $112K | $11K | $11K |
| InterestLn 20 | $4.1M | $3.3M | $826K | |
| Depreciation, depletion and amortizationLn 22 | $6.5M | $6.3M | $255K | |
| InsuranceLn 23 | $1.8M | $17K | $1.7M | |
| Other expenses (24a–d)Ln 24 | $6.2M | $6.0M | $140K | $16K |
| All other expensesLn 24e | $488K | $182K | $307K | |
| Total functional expensesLn 25 | $156.0M | $134.0M | $17.8M | $4.1M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $175.8M | $197.3M | −$21.5M | $398.4M | 990 PDF |
| FY2024 | $163.3M | $190.5M | −$27.3M | $380.1M | 990 PDF |
| FY2023 | $137.8M | $172.9M | −$35.2M | $374.8M | 990 PDF |
| FY2022 Viewing | $131.1M | $156.0M | −$24.8M | $391.6M | 990 PDF |
| FY2021 | $5.5M | $6.3M | −$735K | $457.2M | 990 PDF |
| FY2020 | $130.3M | $140.7M | −$10.5M | $339.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $131,114,519 across 10 lines filed
Part IX · Statement of functional expenses $155,951,633 across 23 lines filed
Part X · Balance sheet $555,407,413 assets, 20 lines filed
Part XI · Reconciliation of net assets $391,610,801 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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