EIN 95-1664101

Claremont McKenna College (CMC)

IRS 501(c) type
501(c)(3)
Num. employees
2,041
Year formed
1946
Most recent tax filings
2023-06-01
Description
Established in 1946, Claremont McKenna College (CMC) is a highly selective, independent, coeducational, residential, undergraduate liberal arts college with a curricular emphasis on economics, government, and public affairs.
Also known as...
Na
Total revenues
$222,715,378
2023
Total expenses
$209,774,969
2023
Total assets
$2,392,275,877
2023
Num. employees
2,041
2023

Program areas at CMC

See Schedule OClaremont McKenna College, one of the nation's top liberal arts colleges, prepares students to make a difference. Since 1946, Claremont McKenna College's mission has been to prepare students for thoughtful and productive lives and responsible leadership in business, government, and the professions. The College attracts a student bodythat is broadly diverse and accomplished beyond the classroom.Claremont McKenna is a member of The Claremont Colleges, a seven-college consortium modeled after Oxford University. Students have the best of both worlds: the intimacy of a small residential college with small classes and a student-faculty ratio of eight to one, and the shared resources of a larger research university.Renowned for expertise in economics, government, humanities, and the sciences, Claremont McKenna has been a leader in freedom of expression, viewpoint diversity, and constructive dialogue, as well as institutional neutrality through The Open Academy. The College emphasizes the integration of leadership and innovation experience within eleven world-class research institutes, the Marian Miner Cook Athenaeum, and sponsored off-campus internships. More than 90% of students complete internships and nearly half study off-campus during their four years.The Soll Center for Student Opportunity provides all students with advising, mentoring and networking support that is tailored to each student's professional goals. Many Claremont McKenna graduates go on to receive prestigious post-graduate fellowships and degrees in business, law, medicine, and many other fields. CMC alumni thrive in a wide range of careers including consulting, education, business, government, media, nonprofit leadership, science, and technology. Claremont McKenna excels nationally in post-graduate job placement and career success.

Who funds Claremont McKenna College (CMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Oklahoma City Community Foundation (OCCF)General Purpose$6,941,440
Robert Day FoundationUnrestricted$4,772,600
Robert Day FoundationUnrestricted$2,500,000
...and 72 more grants received totalling $25,934,942

Personnel at CMC

NameTitleCompensation
Coreen RodgersVice President of Business and Chief Operating Officer$380,000
Sharon BassoExecutive Vice President and Chief Operating Officer , Acting President / Vice President Student of Student Affairs / Vice President Student Affairs and Dean of Students$320,586
Erin WatkinsVice President of Business , Chief Financial Officer and Treasurer$286,000
James FloydVice President and Chief Information Officer / Vice President and Chief Investment Officer$753,750
Matthew BibbensVice President of Campus Planning and Capital Projects , and SP / Vice President of Campus Planning and Capital PR / Vice President Administration and Planning , General Counsel and Secreta / Vice President , Administration and Planning , General Counsel / Vice President , Administration and Planning , Gen; Council , Secretary of the College / Vice President , Administration and Planning , General , Council , Secretary of the College$350,087
...and 10 more key personnel

Financials for CMC

RevenuesFYE 06/2023
Total grants, contributions, etc.$41,888,743
Program services$113,973,709
Investment income and dividends$13,309,753
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$261,726
Net gain from sale of non-inventory assets$50,912,156
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,369,291
Total revenues$222,715,378

Form 990s for CMC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-12990View PDF
2021-062022-07-11990View PDF
2020-062021-05-18990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

Organizations like CMC

OrganizationLocationRevenue
Presbyterian CollegeClinton, SC$67,335,105
Le Moyne CollegeSyracuse, NY$148,595,597
University of Evansville (UE)Evansville, IN$89,456,694
University of Puget Sound (UPS)Tacoma, WA$157,193,130
Berea CollegeBerea, KY$157,457,303
Rhode Island School of Design (RISD)Providence, RI$228,805,896
Gettysburg CollegeGettysburg, PA$221,825,443
New York Medical College (NYMC)Valhalla, NY$117,885,144
Abilene Christian University (ACU)Abilene, TX$314,810,886
University of New Haven (UNH)West Haven, CT$347,678,821
Data update history
October 23, 2024
Received grants
Identified 8 new grant, including a grant for $1,669,466 from American Endowment Foundation
August 12, 2024
Updated personnel
Identified 3 new personnel
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 16, 2024
Used new vendors
Identified 1 new vendor, including
July 16, 2024
Received grants
Identified 12 new grant, including a grant for $6,941,440 from Oklahoma City Community Foundation (OCCF)
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
500 E Ninth St Na
Claremont, CA 91711
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
cmc.edu/ 
Phone
(909) 621-8088
Facebook page
ClaremontMcKennaCollege 
Twitter profile
@cmcnews 
IRS details
EIN
95-1664101
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0000438
FTB Entity ID
0215403
AB 488 data last updated ("as-of") date
2024-11-06
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