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Filing year 2023

WASHINGTON AND LEE UNIVERSITY

Lexington, Virginia·EIN 54-0505977·NTEE B420 · Education·501(c)(3)
Total revenue
$284.8M
Total assets
$2.6B
Total expenses
$297M
Reported officers
45
Mission

SEE SCHEDULE OMISSION STATEMENT OF WASHINGTON AND LEE UNIVERSITY: WASHINGTON AND LEE UNIVERSITY PROVIDES A LIBERAL ARTS EDUCATION THAT DEVELOPS STUDENTS' CAPACITY TO THINK FREELY, CRITICALLY, AND HUMANELY AND TO CONDUCT THEMSELVES WITH HONOR, INTEGRITY, AND CIVILITY. GRADUATES WILL BE PREPARED FOR LIFE-LONG LEARNING, PERSONAL ACHIEVEMENT, RESPONSIBLE LEADERSHIP, SERVICE TO OTHERS, AND ENGAGED CITIZENSHIP IN A GLOBAL AND DIVERSE SOCIETY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

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

President and Trustee
Board Member
Above 90th percentile
$738k
$805k
Base
$632k
Bonus
Other
Benefits
$72k
Vice President
Board Vice President
Above 90th percentile
$485k
$530k
Base
$431k
Bonus
Other
Benefits
$21k
Treasurer
Above 90th percentile
$440k
$480k
Base
$387k
Bonus
Other
Benefits
$19k
Dean
Key Employee
75th to 90th percentile
$431k
$471k
Base
$380k
Bonus
Other
Benefits
$18k
Provost
Key Employee
75th to 90th percentile
$423k
$462k
Base
$348k
Bonus
Other
Benefits
$41k
Professor
Highest Compensated Employee
Above 90th percentile
$363k
$397k
Base
$314k
Bonus
Other
Benefits
$18k
Chief Legal Officer and General Counsel
Highest Compensated Employee
Above 90th percentile
$354k
$386k
Base
$302k
Bonus
Other
Benefits
$20k
Dean
Key Employee
75th to 90th percentile
$352k
$385k
Base
$302k
Bonus
Other
Benefits
$19k
Professor
Highest Compensated Employee
Above 90th percentile
$322k
$352k
Base
$292k
Bonus
Other
Benefits
$883
Professor
Highest Compensated Employee
Above 90th percentile
$319k
$349k
Base
$275k
Bonus
Other
Benefits
$20k
Professor
Highest Compensated Employee
Above 90th percentile
$314k
$343k
Base
$278k
Bonus
Other
Benefits
$8k
Secretary
Secretary (Operational)
Above 90th percentilevs Education peers nationwide
$313k
$342k
Base
$241k
Bonus
Other
Benefits
$48k
Dean
Key Employee
75th to 90th percentile
$298k
$325k
Base
$263k
Bonus
Other
Benefits
$8k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 32 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WASHINGTON AND LEE UNIVERSITY equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.2%
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.

$5k

Down 2%
from 2022

From $756k in 2022 to $738k in 2023.

$756k
2022
$738k
2023
In today's dollarsEst.
Down 7% in real terms$863k to $805k

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

Pay for the position

Board Member pay fell 2% from 2022 to 2023, while revenue rose 3%.

$756k in 2022 to $738k in 2023.
  • Board Vice President pay rose 5% from 2022 to 2023.
  • Chief Financial Officer 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 WASHINGTON AND LEE UNIVERSITY

What does the Board Member of WASHINGTON AND LEE UNIVERSITY earn?

In 2023, the Board Member of WASHINGTON AND LEE UNIVERSITY received $737,521 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at WASHINGTON AND LEE UNIVERSITY compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2023 pay of the Board Member at WASHINGTON AND LEE UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at WASHINGTON AND LEE UNIVERSITY equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

What are WASHINGTON AND LEE UNIVERSITY's revenue and expenses?

In 2023, WASHINGTON AND LEE UNIVERSITY reported $284.8M in total revenue and $297M in total expenses on its IRS Form 990.

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