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Filing year 2023

GUSTAVUS ADOLPHUS COLLEGE

Saint Peter, Minnesota·EIN 41-0695524·NTEE B420 · Education·501(c)(3)
Total revenue
$145.9M
Total assets
$557.5M
Total expenses
$154.1M
Reported officers
45
Mission

Gustavus Adolphus College is a church-related, residential liberal arts college firmly rooted in its Swedish and Lutheran heritage. The College offers students of high aspiration and promise a liberal arts education of recognized excellence provided by faculty who embody the highest standards of teaching and scholarship. The College aspires to be a community of persons from diverse backgrounds who respect and affirm the dignity of all people. It is a community where a mature understanding of the Christian faith and lives of service are nurtured and students are encouraged to work toward a just and peaceful world. The purpose of a Gustavus education is to help students attain their full potential as persons, to develop in them a capacity and passion for lifelong learning, and to prepare them for fulfilling lives of leadership and service in society.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

President
Above 90th percentile
$437k
$482k
Base
$337k
Bonus
Other
$17k
Benefits
$25k
Provost and Dean of the College
Officer (Unspecified)
$246k
$272k
Base
$199k
Bonus
Other
$1k
Benefits
$35k
CFO Vice President of Finance and Treasurer
75th to 90th percentile
$233k
$258k
Base
$194k
Bonus
Other
$2k
Benefits
$27k
Vice President for Institutional Advancement
Board Vice President
Median to 75th percentilevs Education peers nationwide
$225k
$249k
Base
$174k
Bonus
Other
$2k
Benefits
$40k
Vice President for Student Life & Dean of Students
Board Vice President
Median to 75th percentilevs Education peers nationwide
$205k
$227k
Base
$108k
Bonus
Other
$83k
Benefits
$8k
Faculty
Highest Compensated Employee
75th to 90th percentile
$193k
$214k
Base
$136k
Bonus
Other
$21k
Benefits
$29k
Faculty
Highest Compensated Employee
Median to 75th percentile
$179k
$198k
Base
$138k
Bonus
Other
$1k
Benefits
$32k
Vice President for Equity and Inclusion
Board Vice President
25th percentile to medianvs Education peers nationwide
$177k
$196k
Base
$139k
Bonus
Other
$829
Benefits
$30k
Secretary
Secretary (Operational)
Median to 75th percentilevs Education peers nationwide
$71k
$78k
Director
Board Member
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$500
$552

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.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GUSTAVUS ADOLPHUS COLLEGE equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.3%
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.

Held steady
from 2022

From $438k in 2022 to $437k in 2023.

$438k
2022
$437k
2023
In today's dollarsEst.
Down 4% in real terms$502k to $482k

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

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue fell 3%.

$438k in 2022 to $437k in 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.
  • Board Vice President pay fell 13% 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 GUSTAVUS ADOLPHUS COLLEGE

What does the Chief Executive Officer of GUSTAVUS ADOLPHUS COLLEGE earn?

In 2023, the Chief Executive Officer of GUSTAVUS ADOLPHUS COLLEGE received $436,646 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GUSTAVUS ADOLPHUS COLLEGE compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at GUSTAVUS ADOLPHUS COLLEGE falls in the top 10%. In 2023, the highest total compensation at GUSTAVUS ADOLPHUS COLLEGE equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are GUSTAVUS ADOLPHUS COLLEGE's revenue and expenses?

In 2023, GUSTAVUS ADOLPHUS COLLEGE reported $145.9M in total revenue and $154.1M in total expenses on its IRS Form 990.

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