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Filing year 2023

Bowdoin College

Brunswick, Maine·EIN 01-0215213·NTEE B420 · Education·501(c)(3)
Total revenue
$369.8M
Total assets
$3.2B
Total expenses
$296.5M
Reported officers
60
Mission

SEE SCHEDULE O IT IS THE MISSION OF THE COLLEGE TO ENGAGE STUDENTS OF UNCOMMON PROMISE IN AN INTENSE FULL-TIME EDUCATION OF THEIR MINDS, EXPLORATION OF THEIR CREATIVE FACULTIES, AND DEVELOPMENT OF THEIR SOCIAL AND LEADERSHIP ABILITIES IN A FOUR-YEAR COURSE OF STUDY AND RESIDENCE THAT CONCLUDES WITH A BACCALAUREATE DEGREE IN THE LIBERAL ARTS. THE FULL TEXT OF THE COLLEGE'S MISSION STATEMENT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AT HTTPS://WWW.BOWDOIN.EDU/ABOUT/MISSION/INDEX.HTML (ALL LOWER CASE).

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Svp/chief Investments Officer
Key Employee
Above 90th percentile
$1.9M
$2.1M
Base
$634k
Bonus
$1.2M
Other
$2k
Benefits
$19k
SVP for Development & Ar
Senior Vice President
Above 90th percentile
$1M
$1.2M
Base
$192k
Bonus
$100k
Other
$373k
Benefits
$15k
Director of Investments
Highest Compensated Employee
Above 90th percentile
$1M
$1.1M
Base
$479k
Bonus
$490k
Other
$2k
Benefits
$4k
Director of Investments
Highest Compensated Employee
Above 90th percentile
$982k
$1.1M
Base
$461k
Bonus
$473k
Other
$1k
Benefits
$3k
President Beginning 7/1/23
Above 90th percentilevs Education peers in Maine
$651k
$727k
Base
$447k
Bonus
$70k
Other
$85k
Benefits
$31k
SVP for Development & Ar
Senior Vice President
Above 90th percentile
$551k
$615k
Base
$223k
Bonus
Other
$246k
Benefits
$1k
SVP Finance & Admin/treasurer
Senior Vice President
75th to 90th percentile
$541k
$604k
Base
$406k
Bonus
Other
$3k
Benefits
$34k
Endowment Chief Op Officer
Highest Compensated Employee
Above 90th percentile
$527k
$589k
Base
$266k
Bonus
$184k
Other
$1k
Benefits
$33k
Svp/dean for Academic Affairs
Key Employee
Above 90th percentile
$511k
$570k
Base
$359k
Bonus
Other
$17k
Benefits
$37k
Svp/chief Information Officer
Key Employee
Above 90th percentile
$467k
$522k
Base
$337k
Bonus
Other
$3k
Benefits
$30k
Former President Until 6/30/23
Former Officer/director/trustee
75th to 90th percentile
$432k
$482k
Base
$298k
Bonus
Other
$105k
Benefits
$28k
Svp/dean for Student Affairs
Key Employee
Above 90th percentile
$425k
$475k
Base
$301k
Bonus
Other
$3k
Benefits
$24k
SVP for Comm & Public Affairs
Senior Vice President
75th to 90th percentile
$368k
$411k
Base
$271k
Bonus
Other
$5k
Benefits
$14k
VP for Human Resources
Board Vice President
Above 90th percentile
$368k
$410k
Base
$252k
Bonus
Other
$7k
Benefits
$33k
Svp/special Asst to the Pres
Key Employee
75th to 90th percentile
$358k
$399k
Base
$249k
Bonus
Other
$3k
Benefits
$31k
Svp/dean Admissions & St. Aid
Key Employee
75th to 90th percentile
$353k
$394k
Base
$261k
Bonus
Other
$1k
Benefits
$19k
VP for Development & Ar
Board Vice President
75th to 90th percentile
$314k
$351k
Base
$249k
Bonus
Other
$3k
Benefits
$26k
SVP for Inclusion & Diversity
Senior Vice President
Median to 75th percentile
$300k
$335k
Base
$229k
Bonus
Other
$1k
Benefits
$27k
Frmr SVP for Academic Affairs
Senior Vice President
Median to 75th percentile
$280k
$312k
Base
$218k
Bonus
Other
$3k
Benefits
$26k
Svp/institutional Research
Key Employee
Median to 75th percentile
$242k
$270k
Base
$165k
Bonus
Other
$1k
Benefits
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 40 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Bowdoin College equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.6%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 1%
from 2022

From $1.9M in 2022 to $1.9M in 2023.

$1.9M
2022
$1.9M
2023
In today's dollarsEst.
Down 2% in real terms$2.2M to $2.1M

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 1% from 2022 to 2023, while revenue rose 4%.

$1.9M in 2022 to $1.9M in 2023.
  • Senior Vice President pay rose 107% from 2022 to 2023.
  • Highest Compensated Employee pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Bowdoin College

What does the Key Employee of Bowdoin College earn?

In 2023, the Key Employee of Bowdoin College received $1,898,062 in total compensation. This pay is in the top 10% for Key Employee roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at Bowdoin College compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Key Employee at Bowdoin College falls in the top 10%. In 2023, the highest total compensation at Bowdoin College equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

What are Bowdoin College's revenue and expenses?

In 2023, Bowdoin College reported $369.8M in total revenue and $296.5M in total expenses on its IRS Form 990.

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