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Filing year 2023

Culver Educational Foundation

Culver, Indiana·EIN 35-0868071·NTEE B250 · Education·501(c)(3)
Total revenue
$180.4M
Total assets
$1.1B
Total expenses
$102.8M
Reported officers
50
Mission

Culver's mission is to educate its students for leadership and responsible citizenship in society by nurturing the whole individual- mind, spirit and body - through integrated programs that emphasize the cultivation of character.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

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

Head of Schools
Officer (Unspecified)
$537k
$593k
Base
$405k
Bonus
Other
$875
Benefits
$26k
Deputy Head of Schools
Highest Compensated Employee
Above 90th percentile
$378k
$418k
Base
$169k
Bonus
Other
$875
Benefits
$190k
Dean of Culver Girls Academy
Key Employee
75th to 90th percentilevs Education peers nationwide
$311k
$343k
Base
$113k
Bonus
Other
$875
Benefits
$185k
Commandant of Cadets
Key Employee
75th to 90th percentilevs Education peers nationwide
$294k
$325k
Base
$165k
Bonus
Other
$875
Benefits
$112k
Dean of Faculty
Highest Compensated Employee
75th to 90th percentile
$292k
$322k
Base
$190k
Bonus
Other
$875
Benefits
$82k
Chief Human Resources Officer
Highest Compensated Employee
75th to 90th percentile
$231k
$255k
Base
$185k
Bonus
Other
$875
Benefits
$26k
Chief Financial Officer
75th to 90th percentile
$229k
$253k
Base
$183k
Bonus
Other
$875
Benefits
$26k
Director of Enrollment Management, Admissions
Highest Compensated Employee
Median to 75th percentile
$210k
$232k
Base
$171k
Bonus
Other
$875
Benefits
$21k
Dean of Advising
Highest Compensated Employee
Median to 75th percentile
$188k
$208k
Base
$148k
Bonus
Other
$875
Benefits
$26k

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 41 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Culver Educational Foundation equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
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.

$300k
$300k
$25k
$25k

Down 3%
from 2022

From $552k in 2022 to $537k in 2023.

$552k
2022
$537k
2023
In today's dollarsEst.
Down 6% in real terms$633k to $593k

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.

Pay for the position

Highest Compensated Employee pay rose 5% from 2022 to 2023, while revenue rose 87%.

$360k in 2022 to $378k in 2023.
  • Key Employee pay rose 76% from 2022 to 2023.
  • Chief Financial Officer pay rose 11% 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 Culver Educational Foundation

What does the Highest Compensated Employee of Culver Educational Foundation earn?

In 2023, the Highest Compensated Employee of Culver Educational Foundation received $378,069 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Education organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Culver Educational Foundation compare with similar nonprofits?

Compared with the same role at Education organizations in Indiana, the 2023 pay of the Highest Compensated Employee at Culver Educational Foundation falls in the top 10%. In 2023, the highest total compensation at Culver Educational Foundation equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are Culver Educational Foundation's revenue and expenses?

In 2023, Culver Educational Foundation reported $180.4M in total revenue and $102.8M in total expenses on its IRS Form 990.

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