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Converse University

Public charityFed auditsIRS 990
DBA: % BUSINESS OFFICE
Other · SPARTANBURG, SC · EIN 57-0314380

About

The primary mission of converse university is a liberal arts education of CO-ED undergraduate students in a residential setting. Students pursue richly diverse programs in liberal arts and career preparations. Converse empowers students to become transformative leaders who see clearly, decide wisely, and ACT justly. Today, innovative programs for graduate and doctoral advanced study complement the undergraduate program. Additionally, the converse college for women reaffirms the founder's conviction that a small undergraduate residential liberal arts college is a uniquely powerful environment for developing women's talents.

In care of Business Office

Donations are tax-deductible
Category
Other
Employees
717
Volunteers
27

Financial Snapshot

FY ending 2023-06-30
Revenue
$34.7M
Expenses
$40.5M
Assets
$166.3M
Liabilities
$33.8M

Financial history

$42.2M$21.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $34.7M · Peak FY2022: $42.2M · Avg: $35.8M

Foreign activity (Schedule F)

Total spent abroad$14.8M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE (INCLUDING ICELAND & GREENLAND)
EUROPE (INCLUDING ICELAND & GREENLAND)

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$6.8M
CONVERSE UNIVERSITY
Your actions

Address

580 EAST Main Street 205 Carnegie B
Spartanburg, SC, 29302-193

Governance

Voting board members25
Independent members25
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %8.8%
Permanent endowment %91.2%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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