Curry College
- Assets
- $220.1m
- Revenue
- $116.1m
- Investments
- $0.0
- Employees
- 1,324
- Location
- Milton, MA
- Founding
- 09/1936
- Data as of
- 05/2022
- EIN
- 04-2199867
Organization Overview
Curry College is located in Milton, MA. The organization was established in 1936. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Curry College employed 1,324 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Curry College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Curry College generated $116.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $116.2m during the year ending 05/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Curry College has awarded 54 individual grants totaling $1,377,475. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE STUDENTS IN SUCCESSFUL CAREERS AND ACTIVE CITIZENSHIP WITH A GLOBAL PERSPECTIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION - FOUNDED IN 1879, CURRY COLLEGE IS A 143 YEAR OLD PRIVATE, INDEPENDENT INSTITUTUTION GRANTING UNDERGRADUATE AND GRADUATE DEGREES TO A COMBINED ENROLLMENT OF APPROXIMATELY 2,200 FULL AND PART TIME STUDENTS. THE COLLEGE OFFERS 38 UNDERGRADUATE DEGREES AND SIX MASTERS DEGREES. THE COLLEGE DRAWS ITS STUDENTS FROM 30 STATES AND 18 COUNTRIES. THE COMBINED FACULTY AND STAFF AT CURRY TOTAL APPROXIMATELY 765.
STUDENT SERVICES - CURRY COLLEGE OFFERS A WIDE VARIETY OF EXTRA AND CO-CURRICULAR ACTIVITIES. THESE INCLUDE 16 DIVISION III NCAA ATHLETIC TEAMS, INTRAMURAL SPORTS AND APPROXIMATELY 35 STUDENT CLUBS AND GROUPS.
AUXILIARY ENTERPRISES - CURRY COLLEGE PROVIDES HOUSING AND MEAL SERVICES TO STUDENTS. MORE THAN 1,158 STUDENTS RESIDE ON CAMPUS IN 18 DIFFERENT RESIDENCE HALLS.
ACADEMIC SUPPORT - CURRY COLLEGE ACADEMICALLY SUPPORTS STUDENTS WITH OUR ACADEMIC ENRICHMENT CENTER AND CAMPUS LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth K Quigley Jr President | OfficerTrustee | 40 | $426,928 |
David M Rosati Executive Vice President/cfo | Officer | 40 | $326,743 |
David Szczerbacki Exe VP Of Academic Affairs/provost | Officer | 40 | $249,500 |
Debra A Petrizzo Wilkins Professor | 40 | $221,401 | |
Steven P Gunning Professor | 40 | $209,506 | |
Anthony J Fabrizio Jr Professor | 40 | $198,059 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc And Affiliates Food Services | 5/30/22 | $3,870,867 |
Mcgarr Service Corporation Janitorial Services | 5/30/22 | $1,670,461 |
Triad Advertising Group Marketing | 5/30/22 | $644,471 |
Pivotal Builders Inc Construction | 5/30/22 | $815,332 |
Absolute General Contracting Inc Construction | 5/30/22 | $393,166 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,416 |
| Related organizations | $0 |
| Government grants | $5,366,833 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,817,626 |
| Noncash contributions included in lines 1a–1f | $5,746 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,197,875 |
| Total Program Service Revenue | $100,636,511 |
| Investment income | $1,361,522 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,657,897 |
| Net Income from Fundraising Events | $7,682 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $116,112,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $155,472 |
| Grants and other assistance to domestic individuals. | $42,751,609 |
| Grants and other assistance to Foreign Orgs/Individuals | $14,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,045,743 |
| Compensation of current officers, directors, key employees. | $793,612 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,034,397 |
| Pension plan accruals and contributions | $1,380,063 |
| Other employee benefits | $5,112,475 |
| Payroll taxes | $2,425,294 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $141,544 |
| Fees for services: Accounting | $36,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $586,579 |
| Fees for services: Other | $2,268,259 |
| Advertising and promotion | $1,168,987 |
| Office expenses | $3,234,604 |
| Information technology | $1,486,486 |
| Royalties | $4,174 |
| Occupancy | $5,131,583 |
| Travel | $487,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,429,823 |
| Interest | $2,114,659 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,135,046 |
| Insurance | $744,033 |
| All other expenses | $420,543 |
| Total functional expenses | $116,220,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,130 |
| Savings and temporary cash investments | $21,447,652 |
| Pledges and grants receivable | $3,491,630 |
| Accounts receivable, net | $2,389,430 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $169,894 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $622,133 |
| Net Land, buildings, and equipment | $100,569,437 |
| Investments—publicly traded securities | $91,414,240 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $220,105,546 |
| Accounts payable and accrued expenses | $7,213,315 |
| Grants payable | $0 |
| Deferred revenue | $3,036,387 |
| Tax-exempt bond liabilities | $69,054,074 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $488,641 |
| Total liabilities | $79,792,417 |
| Net assets without donor restrictions | $131,543,665 |
| Net assets with donor restrictions | $8,769,464 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $220,105,546 |
Grants Awarded
Over the last fiscal year, Curry College has awarded $155,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF MILTON PURPOSE: MILTON PILOT | $110,000 |
Cotuit, MA PURPOSE: SPONSORSHIP | $15,000 |
PURPOSE: SPONSORSHIP | $10,000 |
Boston, MA PURPOSE: SPONSORSHIP | $10,000 |
Milton, MA PURPOSE: SPONSORSHIP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Curry College has recieved totaling $30,530.
| Awarding Organization | Amount |
|---|---|
H Scott Gault Trust Baotmens Natl Bk Kansas City Ttee Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $14,530 |
Don Rodman Family Foundation Foxboro, MA PURPOSE: PROGRAMS FOR AT-RISK CHILDREN | $10,000 |
Mary D Coles Foundation Dallas, TX PURPOSE: SCHOLARSHIPS | $5,000 |
Mutual One Charitable Foundation Framingham, MA PURPOSE: GENERAL SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $99,259,350 |
| Earnings | -$8,154,892 |
| Net Contributions | $4,504,598 |
| Other Expense | $5,540,940 |
| Grants | $176,276 |
| Ending Balance | $89,891,840 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berklee College Of Music Inc Boston, MA | $854,558,047 | $384,612,408 |
Ithaca College Ithaca, NY | $834,703,732 | $365,679,639 |
Trustees Of Amherst College Amherst, MA | $4,260,760,426 | $407,702,412 |
Wellesley College Wellsley, MA | $4,125,529,097 | $515,515,442 |
Touro University New York, NY | $558,489,117 | $321,976,604 |
Williams College Williamstown, MA | $5,589,417,372 | $397,351,793 |
Providence College Providence, RI | $748,292,244 | $299,300,711 |
Wesleyan University Middletown, CT | $1,706,429,000 | $326,592,000 |
Emerson College Boston, MA | $1,139,244,716 | $275,696,398 |
Colgate University Treasurers Office Hamilton, NY | $1,984,946,016 | $378,114,548 |
Trustees Of The College Of The Holy Cross Worcester, MA | $1,320,181,892 | $265,241,305 |
Babson College Babson Park, MA | $1,084,295,364 | $304,101,925 |