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Gustavus Adolphus College

Public charityFed auditsIRS 990990-T FY2023
DBA: % CURTIS J KOWALESKI
Other · SAINT PETER, MN · EIN 41-0695524

About

Gustavus Adolphus College is a church-related, residential liberal arts college firmly rooted in its Swedish and Lutheran heritage. The College offers students of high aspiration and promise a liberal arts education of recognized excellence provided by faculty who embody the highest standards of teaching and scholarship. The College aspires to be a community of persons from diverse backgrounds who respect and affirm the dignity of all people. It is a community where a mature understanding of the Christian faith and lives of service are nurtured and students are encouraged to work toward a just and peaceful world. The purpose of a Gustavus education is to help students attain their full potential as persons, to develop in them a capacity and passion for lifelong learning, and to prepare them for fulfilling lives of leadership and service in society.

In care of Curtis J Kowaleski

Donations are tax-deductible
Category
Other
Employees
2,725
Volunteers
677

Financial Snapshot

FY ending 2024-05-31
Revenue
$145.9M
Expenses
$154.1M
Assets
$557.5M
Liabilities
$88.2M

Financial history

$189.6M$94.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $145.9M · Peak FY2019: $189.6M · Avg: $165.0M

Foreign activity (Schedule F)

Total spent abroad$74.1M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
East Asia and the Pacific
Europe (including Iceland and Greenland)
South Asia
Central America and the Caribbean
East Asia and the Pacific
Europe (including Iceland and Greenland)
Middle East and North Africa
South America
South Asia
Sub-Saharan Africa
Central America and the Caribbean
North America (including Canada and Mexico, but not the United States)
Europe (including Iceland and Greenland)

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$108K
Grants Given
$61.5M
GUSTAVUS ADOLPHUS COLLEGE
Your actions

Address

800 W College AVE
Saint Peter, MN, 56082-148

Governance

Voting board members36
Independent members33
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

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

Financial detail (Schedule D)

Board-designated %16.0%
Permanent endowment %52.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$0
Net to org-$221K
Retained by contractors$221K
ChannelsMail · Phone · Email · In-person · Grant solicitation
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.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.