Converse College

Organization Overview

Converse College is located in Spartanburg, SC. The organization was established in 1937. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Converse College employed 674 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Converse 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 06/2021, Converse College generated $36.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $35.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONVERSE COLLEGE IS A LIBERAL ARTS COLLEGE WHICH OFFERS CO-ED UNDERGRADUATE AND GRADUATE DEGREES. CONVERSE ADVANCES A CULTURE OF BELONGING AND COLLABORATION THAT IGNITES CREATIVITY, INNOVATION, AND TRANSFORMATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOUNDED IN 1889, CONVERSE COLLEGE DEVELOPS ADAPTABLE LEADERS WHO ARE EQUIPPED WITH THE CREATIVITY, CHARACTER, KNOWLEDGE AND PERSPECTIVE TO TRANSFORM THE WORLD AROUND THEM. CONSISTENTLY TOP-RANKED BY "U.S. NEWS AND WORLD REPORT", CONVERSE OFFERS CO-EDUCATIONAL UNDERGRADUATE AND GRADUATE PROGRAMS. CONVERSE STUDENTS DEVELOP THEIR UNIQUE VOICES THROUGH A CHALLENGING LIBERAL ARTS CURRICULUM, THE DANIELS CENTER FOR LEADERSHIP AND SERVICE, A CENTURY-OLD HONOR TRADITION, AND A CLOSE-KNIT RESIDENTIAL COMMUNITY. THE COLLEGE HAS APPROXIMATELY 1,418 STUDENTS ENROLLED.


CONVERSE COLLEGE IS A RESIDENTIAL COLLEGE, MEANING ON-CAMPUS LIVING IS A VALUABLE EXPERIENCE WHERE IN AND OUT OF CLASS LEARNING MERGE. FROM HISTORIC CHARM TO MODERN EASE, CONVERSE'S RESIDENCE HALLS OFFER DIVERSE OPTIONS TO SUIT THE NEEDS AND PREFERENCES OF TODAY'S STUDENTS. LIVING IN A RESIDENCE HALL COMMUNITY OFFERS STUDENTS OPPORTUNITIES TO LEARN ABOUT THEMSELVES AND OTHERS. EACH RESIDENCE HALL HAS STUDENT DEVELOPMENT STAFF, PROGRAMMING AND FACILITIES AVAILABLE TO HELP EACH STUDENT. CONVERSE'S RESIDENTIAL COMMUNITIES ARE MORE THAN JUST PLACES TO HANG OUT WHEN STUDENTS AREN'T IN CLASS. THEY ARE WHERE STUDENTS FEEL THE MOST AT HOME AND DEVELOP RELATIONSHIPS WITH PEERS IN A COMMUNITY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Avi Food Systems Inc
Dining Services
$1,040,518
Mccarter Mechanical Inc
Electrical
$396,271
Roebuck Wholesale Nursery & Landscaping
Grounds
$394,790
The Budd Group Inc
Facilities
$772,513
Nrccua
Admissions Recruiting
$310,441
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,288,871
All other contributions, gifts, grants, and similar amounts not included above$5,447,142
Noncash contributions included in lines 1a–1f $381,653
Total Revenue from Contributions, Gifts, Grants & Similar$10,736,013
Total Program Service Revenue$21,286,655
Investment income $758,572
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$14,154
Net Gain/Loss on Asset Sales $3,726,693
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,493,779

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Converse College has recieved totaling $1,500.

Awarding OrganizationAmount
John And Mary Camp Foundation

Crozier, VA

PURPOSE: EDUCATION

$1,000
Chapman Foundation

Greenville, SC

PURPOSE: 501(C)(3) EDUCATIONAL INSTITUTION CONTRIBUTION

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$77,529,115
Earnings$18,864,643
Net Contributions$811,789
Other Expense$4,392,212
Ending Balance$92,813,335

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$45,135,710
Converse College
Spartanburg, SC
$36,493,779

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