Claremont Mckenna College

Organization Overview

Claremont Mckenna College, operating under the name Na, is located in Claremont, CA. The organization was established in 1948. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Na employed 1,719 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Na 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 06/2020, Na generated $321.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $163.0m during the year ending 06/2020. While expenses have increased by 1.8% per year over the past 6 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

CMC IS AN INDEPENDENT, RESIDENTIAL, LIBERAL ARTS COLLEGE WHOSE MISSION IS TO EDUCATE ITS STUDENTS FOR RESPONSIBLE LEADERSHIP IN BUSINESS, GOVERNMENT, AND THE PROFESSIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COLLEGE'S PRIMARY EXEMPT PURPOSE IS PROVIDING A LIBERAL ARTS EDUCATION THAT EMPHASIZES ECONOMICS AND POLITICAL SCIENCE, A PROFESSORIATE THAT IS DEDICATED TO EFFECTIVE UNDERGRADUATE TEACHING, A CLOSE STUDENT-TEACHER RELATIONSHIP THAT FOSTERS CRITICAL INQUIRY, AN ACTIVE RESIDENTIAL AND INTELLECTUAL ENVIRONMENT THAT PROMOTES RESPONSIBLE CITIZENSHIP, AND A PROGRAM OF RESEARCH INSTITUTES AND SCHOLARLY SUPPORT THAT MAKES POSSIBLE A FACULTY OF TEACHER-SCHOLARS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Southern California Edison
Construction
$1,555,941
Gardner Company Inc
Heating And Air Conditioning Service
$1,002,352
Amb Onsite Services - West Inc
Janitorial Services
$744,532
Cambridge Associates Llc
Investment Management
$937,500
Western Av
Audio Visual Equipment/training
$931,783
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$183,040,433
Investment income $9,035,520
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $211,067
Net Gain/Loss on Asset Sales $28,589,019
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $321,560,955

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Claremont Mckenna College has recieved totaling $864,286.

Awarding OrganizationAmount
Elizabeth And Joseph Massoud Family Foundation

Wilmington, DE

PURPOSE: MASSOUD FAMILY FUND

$642,857
Uw Harold S Geneen Charitable Tr

Dallas, TX

PURPOSE: SUPPORTS MULTIPLE

$145,000
Elizabeth And Joseph Massoud Family Foundation

Wilmington, DE

PURPOSE: VIVIENNE Y. MASSOUD MEMORIAL SCHOLARSHIP FUND

$71,429
Biszantz Charitable Foundation Tr

Lexington, KY

PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$952,269,012
Earnings$379,305,154
Admin Expense$3,363,026
Net Contributions$26,611,408
Other Expense$30,499,039
Grants$11,096,741
Ending Balance$1,313,226,768

Peer Organizations

Organization NameAssets
California Baptist University
Riverside, CA
$400,113,733
Pomona College
Claremont, CA
$235,119,844
Lewis And Clark College
Portland, OR
$240,136,903
Claremont Mckenna College
Claremont, CA
$321,560,955
Occidental College
Los Angeles, CA
$157,427,095
Art Center College Of Design
Pasadena, CA
$136,246,273
Reed Institute
Portland, OR
$135,489,826
Linfield University
Mcminnville, OR
$110,269,366
Westmont College
Santa Barbara, CA
$121,110,665
Scripps College
Claremont, CA
$98,616,217
California College Of The Arts
San Francisco, CA
$107,701,190
Vanguard University Of So Ca
Costa Mesa, CA
$83,351,301

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