SWEET BRIAR INSTITUTE

EIN: 540534105 501(c)(3) Education

SWEET BRIAR, VA

Total Revenue
$43,099,012
Total Expenses
$42,074,706
Total Assets
$156,182,102
Net Assets
$144,195,240
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1901
Legal Domicile
VA
Phone
4343816325
Tax Period
2024-07-01 to 2025-06-30

SWEET BRIAR INSTITUTE, founded in 1901, is a mid-sized nonprofit in the Education sector that reported $43.1M in total revenue in fiscal year 2024. Net assets of $144.2M represent 40 months of operating reserves.

Mission

SWEET BRIAR COLLEGE CHALLENGES AND INSPIRES WOMEN, FORGING ETHICAL LEADERS WITH THE SKILL, COMPASSION, AND VISION TO CREATE A MORE JUST AND SUSTAINABLE WORLD. SWEET BRIAR'S ACADEMIC PROGRAM, AT THE UNDERGRADUATE AND GRADUATE LEVELS, SEEKS TO CULTIVATE AN INCLUSIVE AND VIBRANT COMMUNITY OF LEARNING AMONG STUDENTS, FACULTY, AND STAFF THAT PRIZES ETHICAL AND INNOVATIVE THINKING. OUR CURRICULUM FOSTERS PERSONAL AND PROFESSIONAL DEVELOPMENT THROUGH A LIBERAL ARTS EDUCATION. THE FACULTY AND STAFF GUIDE STUDENTS TO UNDERSTAND HOW JUSTICE AND SUSTAINABILITY ARE CONNECTED; PROMOTE INCLUSIVITY, DIVERSITY, EQUITY, AND ACCESS; SOLVE REAL-WORLD PROBLEMS ACROSS AN ARRAY OF DISCIPLINES CONFIDENTLY AND CREATIVELY; AND DEVELOP CRITICAL ANALYTIC AND COMMUNICATION SKILLS. STUDENTS PURSUE THESE GOALS IN THE CLASSROOM, ACROSS THE CAMPUS COMMUNITY, AND AROUND THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $16,623,384 Revenue: $3,378,195

INSTRUCTION: TO PROVIDE A LIBERAL ARTS EDUCATION FOR ALL STUDENTS. BENEFITS APPROXIMATELY 406 STUDENTS.

Program 2
Expenses: $7,186,354 Revenue: $7,186,354

SCHOLARSHIPS: TO PROVIDE SCHOLARSHIPS TO STUDENTS WITH BOTH FINANCIAL NEED AS WELL AS ACADEMIC EXCELLENCE. BENEFITS APPROXIMATELY 406 STUDENTS.

Program 3
Expenses: $6,763,846 Revenue: $8,010,075

AUXILIARY ENTERPRISES: TO PROVIDE STUDENTS WITH HOUSING, FOOD SERVICES, RECREATION AND INSTRUCTIONAL MATERIALS. BENEFITS APPROXIMATELY 406 STUDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,905,618
Program Service Revenue $18,234,151
Investment Income $5,602,046
Other Revenue $1,357,197
TOTAL REVENUE $43,099,012

Expense Breakdown

Grants Paid $7,186,354
Salaries & Benefits $16,526,894
Fundraising Expenses $3,246,683
Program Expenses $30,573,584
Other Expenses $18,361,458
TOTAL EXPENSES $42,074,706

Year-over-Year Comparison

2024 2023 Change
Revenue $43,099,012 $43,551,790 0.0%
Expenses $42,074,706 $42,249,691 0.0%
Net Income $1,024,306 $1,302,099 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
23
Independent Members
22
Employees
574
Volunteers
1000

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$634,570
Total Directors
23
$382,841
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY POPE HUTSON PRESIDENT 40.0
Officer Director
$352,625 $30,216 $382,841
ANDREW MCALLISTER DIRECTOR 4.0
Director
$0 $0 $0
CLAUDE WASSERSTEIN DIRECTOR 4.0
Director
$0 $0 $0
ELIZABETH AYCOCK DIRECTOR 4.0
Director
$0 $0 $0
ELIZABETH CASALINI DIRECTOR 4.0
Director
$0 $0 $0
FRED GRIFFIN DIRECTOR 4.0
Director
$0 $0 $0
J CHAPMAN PETERSON DIRECTOR 4.0
Director
$0 $0 $0
J ERIC GREENWOOD DIRECTOR 4.0
Director
$0 $0 $0
JANE DURE DIRECTOR 4.0
Director
$0 $0 $0
KATHERINE WILLIAMS DIRECTOR 4.0
Director
$0 $0 $0
KEENAN KELSEY DIRECTOR 4.0
Director
$0 $0 $0
LAURA EVANS DIRECTOR 4.0
Director
$0 $0 $0
LENDON GRAY DIRECTOR 4.0
Director
$0 $0 $0
MARTHA HOLLAND DIRECTOR 4.0
Director
$0 $0 $0
MASON RUMMEL DIRECTOR 4.0
Director
$0 $0 $0
MICHELA ENGLISH DIRECTOR 4.0
Director
$0 $0 $0
MICHELLE O'NEILL DIRECTOR 4.0
Director
$0 $0 $0
NANCY CORKERY DIRECTOR 4.0
Director
$0 $0 $0
PHILLIP STONE DIRECTOR 4.0
Director
$0 $0 $0
ROBERT GOODLATTE DIRECTOR 4.0
Director
$0 $0 $0
SALLY FREEMAN DIRECTOR 4.0
Director
$0 $0 $0
TORI MCCLURE DIRECTOR 4.0
Director
$0 $0 $0
VERDA COLVIN DIRECTOR 4.0
Director
$0 $0 $0
PETER BRYAN VP FINANCE, OPERATIONS & AUX 40.0
Officer
$224,051 $27,678 $251,729
JASON VITTONE ATHELTIC DIRECTOR 40.0
Highest
$112,962 $22,364 $135,326
JENNIFER SAUER AVP OF FINANCE 40.0
Highest
$107,233 $12,112 $119,345
JOHN BROWN ENGLISH & CREATIVE WRITING PROFESSOR 40.0
Highest
$104,580 $37,738 $142,318
JONATHAN BENDER DIRECTOR OF ENGINEERING & PROFESSOR 40.0
Highest
$122,804 $7,335 $130,139
KATHY BRADLEY DIRECTOR OF HR 40.0
Highest
$126,907 $7,239 $134,146
DR MEREDITH WOO FORMER PRESIDENT 0.0
$200,000 $0 $200,000
LUTHER GRIFFITH FORMER VP FINANCE, OPERATIONS & AUX 0.0
$127,191 $288 $127,479
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $43,099,012 $42,074,706 $156,182,102 $1,024,306
2024 $43,551,790 $42,249,691 $151,152,959 $1,302,099
2023 $43,931,164 $40,441,076 $146,650,608 $3,490,088
2022 $41,810,782 $36,941,630 $140,120,255 $4,869,152
2021 $33,062,878 $32,765,690 $151,661,392 $297,188
2020 $36,844,582 $32,267,097 $138,606,223 $4,577,485
2019 $25,788,478 $31,916,956 $136,197,546 $-6,128,478
2018 $35,316,478 $36,747,275 $143,626,768 $-1,430,797
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