Mills College

Oakland, CAHigher education institutionSince 1852 EIN 94-1156566Revenue $43.0M in FY2022

On file with the IRSmills.edu5000 Macarthur Boulevard · Oakland, CA

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Founded in 1852 and located in Oakland, California, in the heart of the San Francisco Bay Area, Mills College (The "College") is a Liberal Arts College for women and gender non-binary students, with graduate programs for all genders.

80¢ of each $1 spent went to programs.
Run by 264 volunteers and 1,330 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $16.5M a year · 27% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.4M
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
Named funders
4
named funders · $31K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
22
of 23 voting members
Looks good: 22 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$43.0M
-36% vs prior year
Spent
$80.6M
To programs
80%
Net assets
$0
By yearFY2020–FY2022
Revenue
$43.0M
FY2022▼ -36%
Tap a bar for its year
Revenue by fiscal year
FY2020$70.9M
FY2021$67.0M
FY2022$43.0M
Expenses
$80.6M
FY2022▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$73.6M
FY2021$76.2M
FY2022$80.6M
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$272.5M
FY2021$303.2M
FY2022$0

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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% · $64.1M Management & general 18% · $14.8M Fundraising 2% · $1.6M

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

35 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$419,349Pt VII · Sec A
VP for Finance & Admin / Treasurer
$250,564Pt VII · Sec A
VP for Strategic Comms & Operations
$225,360Pt VII · Sec A
Associate VP of Human Resources
$205,318Pt VII · Sec A
Professor of Education
$174,441Pt VII · Sec A
Avp Enroll Mgmt & Stud Fin Srvcs
$172,250Pt VII · Sec A
Associate VP for Inst Advancement
$172,138Pt VII · Sec A
Dean, Lokey School / Professor
$172,090Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2022FY2021FY2020
Elizabeth Hillman$419,349——
Elizabeth L Hillman—$304,428$300,855
Maria Cammarata$250,564$188,715$195,161
Jeffrey E Jackanicz——$231,188
Renee Jadushlever$225,360$180,845—
Julia Oparah$151,435$212,919$212,755
Audrey Tanner—$158,377$205,519
Kamala Green$205,318$163,795—

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates women and gender non-binary students in liberal arts, offering graduate programs for all.

Questions for Mills College

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Provided by the organization

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2 programs · $64.1M · in their own filed words · FY2021
01

With a total enrollment of 868 students, representing 34 states and 12 countries, the college provides instruction, research, public service, and academic support to 461 undergraduate, 379 graduate, and 28 non-degree students.

$37.6Mprogram expense
02

The college provides auxiliary services, including student housing, food services, and other student services.

$26.5Mprogram 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 · FY2024
See all 4 funders →
Grants paid · 12 grants · $36.1M · 2019–2021
Unitemized GrantFY2021$11,020,922
Unitemized GrantFY2021$845,759
Unitemized GrantFY2021$178,514
Unitemized GrantFY2021$44,057
Unitemized GrantFY2020$10,365,705
Unitemized GrantFY2020$494,389
Unitemized GrantFY2020$162,352
Unitemized GrantFY2020$144,920
Unitemized GrantFY2019$11,889,307
Unitemized GrantFY2019$430,088
Unitemized GrantFY2019$407,483
Unitemized GrantFY2019$90,645

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$43.0M
Ln 12
Fees for servicesLn 2g$26.2M
Gifts and grantsLn 1h$11.5M
Other incomeLn 4–11$2.7M
Money outPt IX
$80.6M
Ln 25
Programscol B$64.1M
Managementcol C$14.8M
Fundraisingcol D$1.6M
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
35
listed · VII A
PaidVII A12
Voting boardVI 1a23
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.5M
Government grantsLn 1e$6.3M
Noncash giftsLn 1g$77K
Fees for servicesLn 2g$26.2M
Investment incomeLn 3$2.6M
Other incomeLn 4–11$2.7M
Gains on assetsLn 7$2.5M
Total revenueLn 12$43.0M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 51,330
VolunteersI 6264
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 FY22End FY22
Cash and savingsLn 1–2$17.7M$0
InvestmentsLn 11–13$214.4M$0
Land, buildings, equipmentLn 10c$95.0M$0
Total assetsLn 16$350.1M$0
LiabilitiesLn 26$47.0M$0
Net assetsLn 32$303.2M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$12.1M$12.1M
Pay of current officers, directors and key staffLn 5$1.7M$218K$1.3M$194K
Other salaries and wagesLn 7$31.3M$26.2M$4.2M$865K
Pension plan contributionsLn 8$502K$399K$85K$18K
Other employee benefitsLn 9$4.0M$3.0M$872K$128K
Payroll taxesLn 10$2.5M$2.1M$322K$65K
Legal feesLn 11b$2.2M$960$2.2M$21K
Accounting feesLn 11c$214K$3K$212K
Investment management feesLn 11f$1.8M$1.5M$340K$38K
Other fees for servicesLn 11g$5.6M$4.4M$1.2M$45K
Advertising and promotionLn 12$25K$16K$9K$32
Office expensesLn 13$842K$664K$123K$55K
Information technologyLn 14$1.5M$578K$880K$69K
OccupancyLn 16$7.8M$7.0M$766K$18K
TravelLn 17$306K$281K$22K$3K
Conferences, conventions and meetingsLn 19$97K$83K$14K$62
InterestLn 20$956K$760K$176K$20K
Depreciation, depletion and amortizationLn 22$4.6M$3.7M$851K$95K
InsuranceLn 23$939K$75K$864K
Other expenses (24a–d)Ln 24$1.0M$824K$177K$16K
All other expensesLn 24e$571K$282K$289K
Total functional expensesLn 25$80.6M$64.1M$14.8M$1.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $43.0M$80.6M−$37.5M$0 990 PDF
FY2021 $67.0M$76.2M−$9.2M$303.2M 990 PDF
FY2020 $70.9M$73.6M−$2.7M$272.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $43,046,584 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,154,165$11,537,101
I-9 Program service revenuePrior year $30,402,318$26,216,699
I-10 Investment incomePrior year $22,069,767$2,618,652
I-11 Other revenuePrior year $2,350,023$2,674,132
I-12 Total revenuePrior year $66,976,273$43,046,584
I-13 Grants and similar amounts paidPrior year $11,167,366$12,089,252
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $35,475,466$39,935,778
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $29,525,039$28,541,393
I-18 Total expensesPrior year $76,167,871$80,566,423
I-19 Revenue less expensesPrior year −$9,191,598−$37,519,839
Part VI · Governance 22 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members22
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 $43,046,584 across 9 lines filed
VIII-1e Government grants$6,266,687
VIII-1f All other contributions, gifts and grants$5,270,414
VIII-1g Noncash contributions (included above)$77,238
VIII-1h Total contributions, gifts and grants$11,537,101
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $26,157,166 · Unrelated business $59,533$26,216,699
VIII-3 Investment incomeUnrelated business $54,335 · Excluded from tax $67,583$121,918
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,496,734$2,496,734
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $956,624 · Excluded from tax $1,717,508$2,674,132
VIII-12 Total revenueRelated to mission $27,113,790 · Unrelated business $113,868 · Excluded from tax $4,281,825$43,046,584
Part IX · Statement of functional expenses $80,566,423 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $12,089,252$12,089,252
IX-5 Pay of current officers, directors and key staffPrograms $217,591 · Management $1,279,501 · Fundraising $194,194$1,691,286
IX-7 Other salaries and wagesPrograms $26,200,022 · Management $4,193,977 · Fundraising $864,645$31,258,644
IX-8 Pension plan contributionsPrograms $398,596 · Management $85,442 · Fundraising $18,172$502,210
IX-9 Other employee benefitsPrograms $2,987,237 · Management $872,076 · Fundraising $127,965$3,987,278
IX-10 Payroll taxesPrograms $2,109,288 · Management $322,033 · Fundraising $65,039$2,496,360
IX-11b Legal feesPrograms $960 · Management $2,176,442 · Fundraising $20,868$2,198,270
IX-11c Accounting feesPrograms $2,661 · Management $211,752$214,413
IX-11f Investment management feesPrograms $1,462,807 · Management $339,721 · Fundraising $37,829$1,840,357
IX-11g Other fees for servicesPrograms $4,398,258 · Management $1,156,745 · Fundraising $45,250$5,600,253
IX-12 Advertising and promotionPrograms $15,744 · Management $8,746 · Fundraising $32$24,522
IX-13 Office expensesPrograms $664,035 · Management $123,173 · Fundraising $54,815$842,023
IX-14 Information technologyPrograms $577,919 · Management $879,526 · Fundraising $69,093$1,526,538
IX-16 OccupancyPrograms $7,013,432 · Management $766,402 · Fundraising $17,708$7,797,542
IX-17 TravelPrograms $281,437 · Management $21,504 · Fundraising $2,597$305,538
IX-19 Conferences, conventions and meetingsPrograms $83,428 · Management $13,934 · Fundraising $62$97,424
IX-20 InterestPrograms $759,925 · Management $176,484 · Fundraising $19,652$956,061
IX-22 Depreciation, depletion and amortizationPrograms $3,664,659 · Management $851,076 · Fundraising $94,771$4,610,506
IX-23 InsurancePrograms $74,892 · Management $864,462$939,354
IX-24 Other expenses (24a–d)Programs $824,373 · Management $177,187 · Fundraising $16,317$1,017,877
IX-24e All other expensesPrograms $282,171 · Management $288,544$570,715
IX-25 Total functional expensesPrograms $64,108,687 · Management $14,808,727 · Fundraising $1,649,009$80,566,423
Part X · Balance sheet $0 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $3,480,264$0
X-2 Savings and temporary cash investmentsStart of year $14,250,223$0
X-3 Pledges and grants receivableStart of year $14,979,969$0
X-4 Accounts receivableStart of year $3,080,156$0
X-8 Inventories for sale or useStart of year $32,171$0
X-9 Prepaid expenses and deferred chargesStart of year $1,372,943$0
X-10c Land, buildings and equipment, netStart of year $95,006,130$0
X-11 Publicly traded securitiesStart of year $77,066,946$0
X-12 Other securitiesStart of year $136,945,312$0
X-13 Program-related investmentsStart of year $414,609$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $3,492,743$0
X-16 Total assetsStart of year $350,121,466$0
X-17 Accounts payable and accrued expensesStart of year $5,874,309$0
X-19 Deferred revenueStart of year $782,820$0
X-20 Tax-exempt bond liabilitiesStart of year $24,253,909$0
X-24 Unsecured notes and loans payableStart of year $1,999,800$0
X-25 Other liabilitiesStart of year $9,041,621$0
X-26 Total liabilitiesStart of year $46,952,459$0
X-27 Net assets without donor restrictionsStart of year $64,091,751$0
X-28 Net assets with donor restrictionsStart of year $239,077,256$0
X-32 Total net assets or fund balancesStart of year $303,169,007$0
X-33 Total liabilities and net assetsStart of year $350,121,466$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$43,046,584
XI-2 Total expenses$80,566,423
XI-3 Revenue less expenses−$37,519,839
XI-4 Net assets at start of year$303,169,007
XI-5 Net unrealized gains (losses) on investments−$25,526,277
XI-9 Other changes in net assets−$240,122,891
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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