Gustavus Adolphus College

Organization Overview

Gustavus Adolphus College is located in Saint Peter, MN. The organization was established in 1935. 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, Gustavus Adolphus College employed 2,727 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gustavus Adolphus 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, Gustavus Adolphus College generated $183.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $159.1m during the year ending 05/2022. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

GUSTAVUS ADOLPHUS COLLEGE PREPARES ITS STUDENTS FOR FULFILLING LIVES OF LEADERSHIP AND SERVICE AND IS COMMITTED TO THE CORE VALUES OF EXCELLENCE, COMMUNITY, JUSTICE, SERVICE, AND FAITH. IT IS ESPECIALLY KNOWN FOR STRONG SCIENCE, WRITING, MUSIC, ATHLETICS, AND STUDY ABROAD PROGRAMS. THE COLLEGE HOSTS A CHAPTER OF PHI BETA KAPPA AND IS INTERNATIONALLY RECOGNIZED FOR ITS ANNUAL NOBEL CONFERENCE SANCTIONED BY THE NOBEL FOUNDATION IN STOCKHOLM, SWEDEN. THE STUDENTS, FACULTY, ADMINISTRATION, STAFF AND BOARD OF DIRECTORS BELIEVE IN A STRONG, OPEN COMMUNITY WHERE ALL CITIZENS PLAY A VITAL ROLE. GUSTAVUS HAS CONSISTENTLY PRODUCED GRADUATES WHO LEAD LIVES OF UNCOMMON PURPOSE AND PASSION, AND DEMONSTRATE THAT THEY MAKE THEIR LIVES COUNT.

Describe the Organization's Program Activity:

INSTRUCTION AND ACADEMIC SUPPORT: GUSTAVUS OFFERS 72 MAJORS IN 25 ACADEMIC DEPARTMENTS AND 12 INTERDISCIPLINARY PROGRAMS, WITH A STUDENT-FACULTY RATIO OF 11:1. TOTAL FTE ENROLLMENT FOR ACADEMIC YEAR 2021-2022 WAS 2,224, WITH 556 STUDENTS GRADUATING IN MAY 2022.


STUDENT SERVICES: GUSTAVUS SPONSORS 23 VARSITY ATHLETICS TEAMS AND 39 INTRAMURAL ACTIVITIES AND CLUB SPORTS, ALONG WITH MORE THAN 115 STUDENT ORGANIZATIONS. APPROXIMATELY 99% OF STUDENTS ARE INVOLVED IN AT LEAST ONE EXTRACURRICULAR ACTIVITY. OTHER STUDENT SERVICES INCLUDE ADMISSION, COMMUNITY-BASED SERVICE LEARNING, CAREER DEVELOPMENT, PEER MENTORING, OFFICE OF THE CHAPLAINS, CENTER FOR INCLUSIVE EXCELLENCE, FINANCIAL ASSISTANCE, HEALTH SERVICES, REGISTRAR, CAMPUS ACTIVITIES AND RESIDENTIAL LIFE PROGRAMS.


AUXILIARY SERVICES: AS A RESIDENTIAL COLLEGE, GUSTAVUS IS COMMITTED TO RESIDENCE HALL LIVING AS A VITAL COMPLEMENT TO ITS ACADEMIC PROGRAM. APPROXIMATELY 90% OF STUDENTS LIVE IN COLLEGE-OWNED RESIDENCES AND EAT IN THE COLLEGE'S DINING SERVICE. DURING FALL 2021, 1,907 STUDENTS LIVED IN COLLEGE-OWNED RESIDENCES. THE COLLEGE BOOKSTORE PROVIDES TEXTBOOKS AND OTHER EDUCATIONAL SUPPLIES FOR STUDENTS. OTHER ITEMS FOR SALE INCLUDE: CLOTHING EMBOSSED WITH THE COLLEGE'S INSIGNIA, BOOKS AND MISCELLANEOUS NOVELTY ITEMS.


GUSTAVUS OFFERS A NUMBER OF ACTIVITIES THAT ENHANCE THE CURRICULAR PROGRAM, INCLUDING VARIOUS PUBLIC SERVICE EVENTS AND MISCELLANEOUS SERVICES PROVIDED TO STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kraus-anderson Companies Inc
Construction Services
$13,023,040
Bwbr Architects
Architectural Services
$1,189,169
Fire Engine Red Inc
Admission Services
$322,333
Ballman Roofing & Coating Llc
Construction Services
$447,730
Hamilton Lane Advisors Llc
Endowment Consultant
$577,103
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$113,673
Related organizations$0
Government grants $7,185,944
All other contributions, gifts, grants, and similar amounts not included above$15,726,477
Noncash contributions included in lines 1a–1f $2,086,352
Total Revenue from Contributions, Gifts, Grants & Similar$23,026,094
Total Program Service Revenue$134,146,710
Investment income $1,323,444
Tax Exempt Bond Proceeds $0
Royalties $9,393
Net Rental Income $0
Net Gain/Loss on Asset Sales $24,917,956
Net Income from Fundraising Events -$2,915
Net Income from Gaming Activities $90,180
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $183,510,862

Grants Awarded

Over the last fiscal year, Gustavus Adolphus College has awarded $76,495 in support to 3 organizations.

Grant RecipientAmount

CITY OF SAINT PETER

PURPOSE: Community Support

$40,000

GREAT RIVER GREENING

Org PageRecipient Profile

Saint Paul, MN

PURPOSE: Research Subgrant

$22,424

NICOLLET SOIL & WATER CONSERVATION DISTRICT

PURPOSE: Research Subgrant

$14,071
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Gustavus Adolphus College has recieved totaling $96,534.

Awarding OrganizationAmount
Annexstad Family Foundation

Mound, MN

PURPOSE: SCHOLARSHIP

$96,534
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$275,288,267
Earnings$15,897,031
Admin Expense$796,062
Net Contributions$10,126,866
Other Expense$5,520,478
Grants$3,750,884
Ending Balance$291,244,740

Peer Organizations

Organization NameAssets
St Olaf College
Northfield, MN
$240,994,923
Carleton College
Northfield, MN
$240,267,870
Trustees Of Grinnell College
Grinnell, IA
$273,975,826
Macalester College
St Paul, MN
$186,131,359
Concordia University Inc
Mequon, WI
$168,516,078
Gustavus Adolphus College
Saint Peter, MN
$183,510,862
Bethel University
St Paul, MN
$136,689,038
Carroll University Inc
Waukesha, WI
$140,965,442
Augsburg University
Minneapolis, MN
$133,913,998
Concordia College Corporation
Moorhead, MN
$127,833,637
Luther College
Decorah, IA
$125,968,312
College Of St Scholastica Inc
Duluth, MN
$117,585,202

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