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WESLEYAN UNIVERSITY

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Public IRS 990 nonprofit record

WESLEYAN UNIVERSITY

EIN 06-0646959 · Education (B420)

What they do

WESLEYAN UNIVERSITY is DEDICATED to PROVIDING AN EDUCATION IN LIBERAL ARTS BY BUILDING A DIVERSE, ENERGETIC COMMUNITY of STUDENTS, FACULTY, and STAFF WHO VALUE INDEPENDENCE of MIND and GENEROSITY of SPIRIT. SEE ADDITIONAL DESCRIPTION IN SCHEDULE O.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $87.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders60 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.24%of revenue went to mission work87.0% of expenses · Program services
2.83%of revenue went to fundraising3.1% of expenses
$91.04spent for every $100 of revenueRevenue covered expenses this year.
8.97%of revenue went to management and office costs9.8% of expenses
$6.23in assets for every $1 spent this yearSome assets cannot be spent right away.
12.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,375,606 for ANNE MARTIN (CHIEF INVESTMENT OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$443,190,970
Mission workProgram services$351,187,97579.24% of revenue87.0% of expenses
ManagementOffice and general costs$39,735,8378.97% of revenue9.8% of expenses
FundraisingAsking for donations$12,551,1882.83% of revenue3.1% of expenses
Revenue left after expensesReported annual surplus$39,715,9708.96% of revenueShown in gray on the chart
Total expenses$403,475,00091.04% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 87.0% mission · 9.8% management · 3.1% fundraisingTotal expenses: 91.04% of revenue
2023Expense mix: 85.9% mission · 11.2% management · 2.8% fundraisingTotal expenses: 83.24% of revenue
2022Expense mix: 85.1% mission · 12.1% management · 2.8% fundraisingTotal expenses: 121.70% of revenue
2021Expense mix: 86.2% mission · 11.2% management · 2.6% fundraisingTotal expenses: 111.08% of revenue
2020Expense mix: 86.5% mission · 10.8% management · 2.6% fundraisingTotal expenses: 89.25% of revenue
2019Expense mix: 87.7% mission · 9.6% management · 2.7% fundraisingTotal expenses: 89.15% of revenue
2018Expense mix: 84.6% mission · 12.2% management · 3.2% fundraisingTotal expenses: 95.28% of revenue
2017Expense mix: 84.3% mission · 12.1% management · 3.5% fundraisingTotal expenses: 99.36% of revenue

Money in and money out

Revenue$443,190,970
Expenses$403,475,000
Annual surplus $39,715,970 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$351,187,975 · 87.0% of expenses
Management and office costs$39,735,837 · 9.8% of expenses
Fundraising$12,551,188 · 3.1% of expenses
See all reported dollar amounts
Revenue$443,190,970
Expenses$403,475,000
Assets$2,515,092,000
Income$677,763,970
Contributions$56,754,970
Mission work (program services)$351,187,975
Fundraising$12,551,188
Grants given$358,925
Average grant$44,866
Management and general$39,735,837
Stocks and bonds$124,125,000
Accounting fees$349,167
Investing fees$6,769,850
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ANNE MARTINCHIEF INVESTMENT OFFICER · 38 hrs/week $1,375,606Base $1,270,452 · Other $105,154
MICHAEL S ROTHPRESIDENT AND TRUSTEE · 38 hrs/week $1,374,453Base $887,679 · Other $486,774
JONATHAN DON FARRARDIRECTOR OF INVESTMENTS · 38 hrs/week $715,793Base $609,745 · Other $106,048
MATTHEW MAGENHEIMDIRECTOR INVESTMENT OFFICE · 38 hrs/week $589,818Base $504,776 · Other $85,042
ANDREW TANAKASVP, CHIEF ADMIN OFF. & TR · 38 hrs/week $462,290Base $371,228 · Other $91,062
FRANTZ WILLIAMS JRVP FOR ADVANCEMENT · 38 hrs/week $431,195Base $358,283 · Other $72,912
DAVID STUART WINAKORGENERAL COUNSEL/SECRETARY · 38 hrs/week $407,394Base $325,482 · Other $81,912
NICOLE LYNN STANTONPROVOST, SR VP ACADEMIC AF · 38 hrs/week $402,795Base $318,180 · Other $84,615
MARTHA GILMOREFACULTY · 38 hrs/week $391,637Base $301,260 · Other $90,377
BRETT A SALAFIADIRECTOR, OPS & INVEST · 38 hrs/week $380,793Base $339,572 · Other $41,221
AMIN ABDUL-MALIK GONZALEZVP & DEAN OF ADMIN/FIN AID · 38 hrs/week $376,767Base $309,859 · Other $66,908
MICHAEL J WHALEYVP FOR STUDENT AFFAIRS · 38 hrs/week $370,167Base $298,128 · Other $72,039

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (60)

ANNE MARTINCHIEF INVESTMENT OFFICER

MICHAEL S ROTHPRESIDENT AND TRUSTEE

JONATHAN DON FARRARDIRECTOR OF INVESTMENTS

MATTHEW MAGENHEIMDIRECTOR INVESTMENT OFFICE

ANDREW TANAKASVP, CHIEF ADMIN OFF. & TR

FRANTZ WILLIAMS JRVP FOR ADVANCEMENT

DAVID STUART WINAKORGENERAL COUNSEL/SECRETARY

NICOLE LYNN STANTONPROVOST, SR VP ACADEMIC AF

MARTHA GILMOREFACULTY

BRETT A SALAFIADIRECTOR, OPS & INVEST

AMIN ABDUL-MALIK GONZALEZVP & DEAN OF ADMIN/FIN AID

MICHAEL J WHALEYVP FOR STUDENT AFFAIRS

ISHITA MUKERJIPROFESSOR

RENELL M WYNNVP FOR COMMUNICATIONS

WILLETTE BURNHAM-WILLIAMSVP FOR EQUITY & INCLUSION EFF. 3/24

DAVE BAIRDVICE PRESIDENT FOR IT/CIO

CHRISTOPHER OLTCHIEF FINANCIAL OFFICER

JOSEPH M SIRYFMR CHAIR OF FACULTY

SEAN MCCANNFMR CHAIR OF FACULTY

GARY SHAWFMR CHAIR OF FACULTY

ANDREA L PATALANOFMR CHAIR OF FACULTY

MONICA G NOETHERTRUSTEE

OLIVER DMEZATRUSTEE

MARC N CASPERTRUSTEE

JOHN M SHAPIROTRUSTEE

PHILIP J RAUCHTRUSTEE

ROBERT A PRUZANTRUSTEE

ROBERT F KINGTRUSTEE

RUTH PACHMANTRUSTEE

SARAH B KENDALLTRUSTEE

SCOTT GOTTLIEBTRUSTEE

SHANA SIMMONSTRUSTEE

SOULEY BATRUSTEE

STUART J ELLMANTRUSTEE

SUSANNAH GRAYTRUSTEE

TIM DIBBLETRUSTEE

VANITA GAONKARTRUSTEE

DEBORAH PEARSON-WOODHOUSETRUSTEE

ADAM C BIRDTRUSTEE

ANDREA GRUBB BARTHWELLTRUSTEE

ANDREW E VOGELTRUSTEE

ANDREW H FAIRBANKSTRUSTEE

ANNE S GOLDRACHTRUSTEE

BEEZER CLARKSONTRUSTEE

BILL BOULWARETRUSTEE

BOZOMA SAINT JOHNTRUSTEE

DANA ALIZA LEVYTRUSTEE

DAVID BARRTRUSTEE

DAVID RESNICKTRUSTEE

LUZ NEREIDA BURGOS-LOPEZTRUSTEE

ELLEN E WESTTRUSTEE

ERIC B DACHSTRUSTEE

GAIL MARCUSTRUSTEE

JAY MITCHELLTRUSTEE

JEREMY MINDICHTRUSTEE

JOEL C TILLINGHASTTRUSTEE

AARON VEERASUNTHARAMTRUSTEE

JOSH GOLDINTRUSTEE

KIMBERLY KINGTRUSTEE

LIVIA WONG MCCARTHYTRUSTEE

About this charity

Recognized since
January 1943
Location
55 HIGH ST, MIDDLETOWN, CT 06457-3741
County
Middlesex
In care of
% WESLEYAN UNIVERSITY
Primary officer
CHRISTOPHER OLT, CHIEF FINANCIAL OFFICER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
KPMG LLP
NTEE classification
Education (B420)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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