SEE SCHEDULE O.CARLETON COLLEGE IS A PRIVATE LIBERAL ARTS COLLEGE, LOCATED IN NORTHFIELD, MINNESOTA, BEST KNOWN FOR ITS ACADEMIC EXCELLENCE AND WARM, WELCOMING CAMPUS COMMUNITY. CARLETON OFFERS 33 MAJORS AND 37 MINORS IN THE ARTS, HUMANITIES, NATURAL SCIENCES, MATHEMATICS, AND SOCIAL SCIENCES.THE CARLETON COLLEGE MISSION IS TO PROVIDE AN EXCEPTIONAL UNDERGRADUATE LIBERAL ARTS EDUCATION. THE COLLEGE IS DEVOTED TO ACADEMIC EXCELLENCE, DISTINGUISHED BY THE CREATIVE INTERPLAY OF TEACHING, LEARNING, AND SCHOLARSHIP AND IS DEDICATED TO A DIVERSE RESIDENTIAL COMMUNITY AND EXTENSIVE INTERNATIONAL ENGAGEMENTS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
- Base
- $405k
- Bonus
- $514k
- Other
- $9k
- Benefits
- $31k
- Base
- $660k
- Bonus
- —
- Other
- $41k
- Benefits
- $95k
- Base
- $290k
- Bonus
- $307k
- Other
- $540
- Benefits
- $33k
- Base
- $181k
- Bonus
- —
- Other
- $257k
- Benefits
- $15k
- Base
- $332k
- Bonus
- —
- Other
- $2k
- Benefits
- $30k
- Base
- $314k
- Bonus
- —
- Other
- —
- Benefits
- $10k
- Base
- $267k
- Bonus
- —
- Other
- $810
- Benefits
- $32k
- Base
- $227k
- Bonus
- —
- Other
- $810
- Benefits
- $74k
- Base
- $207k
- Bonus
- —
- Other
- $18k
- Benefits
- $34k
- Base
- $220k
- Bonus
- —
- Other
- $1k
- Benefits
- $31k
- Base
- $202k
- Bonus
- —
- Other
- $1k
- Benefits
- $32k
- Base
- $181k
- Bonus
- —
- Other
- $43k
- Benefits
- $9k
- Base
- $180k
- Bonus
- —
- Other
- $7k
- Benefits
- $22k
- Base
- $144k
- Bonus
- —
- Other
- $4k
- Benefits
- $31k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Investment Officer Key Employee Above 90th percentile | $405k | $514k | $9k | $31k | $993k $1.1M |
President Above 90th percentilevs Education peers in Minnesota | $660k | — | $41k | $95k | $829k $916k |
Director of Investments Highest Compensated Employee Above 90th percentilevs Education peers in Minnesota | $290k | $307k | $540 | $33k | $658k $727k |
VP for External Relations Board Vice President Above 90th percentile | $181k | — | $257k | $15k | $468k $517k |
VP & Treasurer Vice President Above 90th percentile | $332k | — | $2k | $30k | $397k $438k |
Provost & VP of Academic Affairs Vice President Above 90th percentile | $314k | — | — | $10k | $355k $393k |
VP & Dean of Admissions & Financial Aid Board Vice President 75th to 90th percentile | $267k | — | $810 | $32k | $329k $363k |
VP for Student Life & Dean of Students Board Vice President 75th to 90th percentile | $227k | — | $810 | $74k | $327k $361k |
Professor of Economics Highest Compensated Employee Above 90th percentilevs Education peers in Minnesota | $207k | — | $18k | $34k | $281k $310k |
Chief of Staff Highest Compensated Employee Above 90th percentilevs Education peers in Minnesota | $220k | — | $1k | $31k | $275k $304k |
VP of External Relations (interim) Vice President 75th to 90th percentile | $202k | — | $1k | $32k | $253k $280k |
Professor of Psychology Highest Compensated Employee Above 90th percentilevs Education peers in Minnesota | $181k | — | $43k | $9k | $251k $277k |
President (former) Former Officer/director/trustee Median to 75th percentile | $180k | — | $7k | $22k | $228k $252k |
Dean of the College Interim (former) Former Officer/director/trustee Median to 75th percentile | $144k | — | $4k | $31k | $194k $215k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 34 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at CARLETON COLLEGE equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.
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 17%
from 2022
From $849k in 2022 to $993k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Key Employee pay rose 17% from 2022 to 2023, while revenue fell 6%.
- Chief Executive Officer pay rose 7% from 2022 to 2023.
- Highest Compensated Employee pay rose 9% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about CARLETON COLLEGE
What does the Key Employee of CARLETON COLLEGE earn?
In 2023, the Key Employee of CARLETON COLLEGE received $992,857 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 CARLETON COLLEGE compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2023 pay of the Key Employee at CARLETON COLLEGE falls in the top 10%. In 2023, the highest total compensation at CARLETON COLLEGE equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.
What are CARLETON COLLEGE's revenue and expenses?
In 2023, CARLETON COLLEGE reported $279M in total revenue and $254M in total expenses on its IRS Form 990.
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