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Merrimack College

Public charityFed auditsIRS 990990-T FY2023
DBA: % BASIL A STEWART
Other · NORTH ANDOVER, MA · EIN 04-2103731

About

Merrimack college is a comprehensive, catholic augustinian institution that provides rigorous undergraduate, professional and graduate programs for students.

In care of Basil a Stewart

Donations are tax-deductible
Category
Other
Employees
2,173
Volunteers
100

Financial Snapshot

FY ending 2023-06-30
Revenue
$291.2M
Expenses
$278.5M
Assets
$380.1M
Liabilities
$192.0M

Financial history

$291.2M$145.6M$0
17181920212223
RevenueExpenses
Latest FY2023: $291.2M · Avg: $232.0M

Foreign activity (Schedule F)

Total spent abroad$305K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
EUROPE (INCLUDING ICELAND & GREENLAND)
EUROPE (INCLUDING ICELAND & 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
$60K
Grants Given
$111.5M
MERRIMACK COLLEGE
Your actions

Address

315 Turnpike ST
North Andover, MA, 01845-580

Governance

Voting board members26
Independent members25
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

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 %20.2%
Permanent endowment %79.8%
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.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.