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Nonprofit · EIN 04-2111203

CLARK UNIVERSITY

Tax-exempt · WORCESTER, MA 01610

Financials

$249.6M$258.9M2023$235.5M$266.5M2024
Revenue Expenses · by fiscal year end
Financials of CLARK UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$235,538,162$266,488,619-$30,950,457$770,114,928$193,054,791$577,060,137
May 31, 2024990$249,568,152$258,888,264-$9,320,112$768,048,176$195,845,783$572,202,393
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$26,229,045
of which government grants
$9,841,451
Program service revenue
$197,424,296
Investment income
$6,760,533
Royalties
$182,068
Net rental income
$176,307
Net gain from sales of assets
$4,441,434
Other revenue
$5,124,288

Expenses

Grants and similar amounts paid
$96,570,559
Compensation of officers, directors and key employees
$3,745,903
Other salaries and wages
$76,644,984
Salaries, compensation and benefits (total)
$99,021,089
Professional fundraising fees
$170,650
Legal fees
$591,621
Accounting fees
$549,650
Occupancy
$6,641,938
Travel
$2,466,244
Depreciation
$12,498,843
Program services (functional)
$245,415,262
Management and general (functional)
$14,331,140
Fundraising (functional)
$6,742,217

Balance sheet and other

Total assets, start of year
$768,048,176
Total assets, end of year
$770,114,928
Total liabilities, end of year
$193,054,791
Net assets, end of year
$577,060,137
Land, buildings and equipment
$211,662,255
Publicly traded securities
$12,697,849
Net assets without donor restrictions
$129,924,242
Net assets with donor restrictions
$447,135,895
Gross unrelated business income
-$42,792
Gross receipts
$285,664,201
Employees
2,700
Volunteers
366
Year formed
1887
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAVID FITHIANPRESIDENT
Officer
40$826,486$107,142
SEBASTIAN ROYOPROVOST(THRU 08/2024)/PROFESSOR
Key employee
40$361,801$73,136
DANIELLE MANNINGEVP & TREASURER (THRU 04/2025)
Officer
40$369,581$51,707
JOE MANOKVICE PRESIDENT UNIV. ADVANCEMENT
Key employee
40$325,582$67,032
ALAN EISNERPROFESSOR
Highest-paid employee
40$339,589$39,787
KENDALL ISAACVP, GEN COUNSEL & SEC. (THRU 09/24)
Officer
40$321,192$49,690
JOHN LABRIEASSOC PROVOST/DEAN OF PROF STUDIES
Highest-paid employee
40$293,053$69,636
ROBERT JOHNSTONPROFESSOR
Highest-paid employee
40$280,452$55,921
JILL FRIEDMANVP MARKETING & COMMUNICATIONS
Key employee
40$288,959$44,243
DAVID CHEAROVP PLANNING & CHIEF OF STAFF
Key employee
40$260,681$60,542
NADIA WARDDIRECTOR MOSAKOWSKI INSTITUTE
Highest-paid employee
40$268,065$40,079
DAVID JORDANDEAN OF SCHOOL OF BUSINESS
Highest-paid employee
40$289,443$580
JOSEPH CORAZZINIVP GOVT & COMM AFFAIRS
Key employee
40$223,432$52,040
MARGO FOREMANVP & CHIEF DIVERSITY OFFICER
Key employee
40$225,928$38,159
JOHN MAGEEINT PROV/PROVOST (AS OF 02/2025)
Key employee
40$223,135$22,380
40 more people on this return
NameTitleHours / weekCompensationOther / benefits
ANNE RANDALLCONTROLLER AND ASST TREASURER
Officer
40$176,544$18,007
YUKO AOYAMAASSOC PROVOST/DEAN OF RESEARCH
Former
40$140,415$24,833
MATTHEW MALSKYPROGRAM DIR. MCA SUPPLEMENT
Former
40$144,548$14,675
ANI APRAHAMIANTRUSTEE
Trustee or director
2$0$0
JAY ASHTRUSTEE (AS OF 07/2024)
Trustee or director
2$0$0
JASON M BARNETTTRUSTEE (THRU 06/2024)
Trustee or director
2$0$0
TERRI BONOFFTRUSTEE (AS OF 07/2024)
Trustee or director
2$0$0
DONELLA BROCKINGTONTRUSTEE
Trustee or director
2$0$0
INGRID BUSSON-HALLTRUSTEE
Trustee or director
2$0$0
ANTHONY CANNONTRUSTEE
Trustee or director
2$0$0
KEVIN CHERRYTRUSTEE
Trustee or director
2$0$0
ROY DINICOLATRUSTEE
Trustee or director
2$0$0
MONA DOMOSHTRUSTEE (THRU 06/2024)
Trustee or director
2$0$0
ERIC EPSTEINTRUSTEE (AS OF 07/2024)
Trustee or director
2$0$0
LARRY FRANKSTRUSTEE
Trustee or director
2$0$0
ROSS GILLMANTRUSTEE (THRU 06/2024)
Trustee or director
2$0$0
JANET GOSSTRUSTEE
Trustee or director
2$0$0
NANCIE M JULIANTRUSTEE
Trustee or director
2$0$0
GARY LABOVICHTRUSTEE/CHAIR
Trustee or director, Officer
15$0$0
LAWRENCE LANDRYTRUSTEE
Trustee or director
2$0$0
CINDY MICHAEL-WOLPERTTRUSTEE
Trustee or director
2$0$0
ANTONIO MOLESTINATRUSTEE
Trustee or director
2$0$0
ARLENE MORRISTRUSTEE
Trustee or director
2$0$0
PETER MUGARTRUSTEE
Trustee or director
2$0$0
JENNIFER OTTINGERTRUSTEE
Trustee or director
2$0$0
KAREN PATTERSON GREENETRUSTEE
Trustee or director
2$0$0
ERICA PENNTRUSTEE
Trustee or director
2$0$0
LEE PLAVETRUSTEE
Trustee or director
2$0$0
JOSEPH POKUTRUSTEE
Trustee or director
2$0$0
RON SHAICHTRUSTEE
Trustee or director
2$0$0
DAVID STRASSLERTRUSTEE
Trustee or director
2$0$0
BRUCE H WEILLERTRUSTEE
Trustee or director
2$0$0
MARK WETZELTRUSTEE
Trustee or director
2$0$0
SARAH WILLIAMSTRUSTEE (AS OF 07/2024)
Trustee or director
2$0$0
LORI WITTMANTRUSTEE
Trustee or director
2$0$0
BRIAN YEETRUSTEE (AS OF 07/2024)
Trustee or director
2$0$0
VICKIE H RICCARDOTRUSTEE (THRU 06/2024)
Trustee or director
2$0$0
TONY TILTONTRUSTEE
Trustee or director
2$0$0
WENDI J TRILLINGTRUSTEE (THRU 06/2024)
Trustee or director
2$0$0
DAN HITCHELLEVP, CFO & TREASURER (AS OF 04/2025)
Officer
40$0$0
990 for the year ended May 31, 2024: 48 people
NameTitleHours / weekCompensationOther / benefits
DAVID FITHIANPRESIDENT
Officer
40$893,604$105,209
DANIELLE MANNINGEXECUTIVE VICE PRESIDENT & TREASURER
Officer
40$397,148$48,012
SEBASTIAN ROYOPROVOST
Key employee
40$353,930$71,112
KENDALL ISAACGEN COUNSEL & SECRETARY
Officer
40$343,718$65,337
JOHN LABRIEASC PROVOST/DEAN OF PROF STUDIES
Highest-paid employee
40$330,839$67,442
ALAN EISNERDEAN SCHOOL OF MANAGEMENT
Highest-paid employee
40$355,638$38,137
JOE MANOKVICE PRESIDENT UNIV. ADVANCEMENT
Key employee
40$317,020$61,924
DAVID CHEAROVP PLANNING & CHIEF OF STAFF
Key employee
40$277,532$59,225
JILL FRIEDMANVP MARKETING & COMMUNICATIONS
Key employee
40$287,442$41,724
RONALD EASTMANDIRECTOR OF CLARK LABS
Highest-paid employee
40$251,020$56,806
NADIA WARDDIRECTOR MOSAKOWSKI INSTITUTE
Highest-paid employee
40$266,029$39,587
SEYED HAMED ALEMOHAMMADDIR. CNTR GEOSPATIAL ANALYTICS
Highest-paid employee
40$254,325$41,602
MARGO FOREMANVP & CHIEF DIVERSITY OFFICER
Key employee
40$217,798$61,688
JOSEPH CORAZZINIVP GOVT & COMM AFFAIRS
Key employee
40$219,647$35,875
YUKO AOYAMAASSOC PROVOST/DEAN OF RESEARCH
Former
40$191,384$30,138
ANNE RANDALLCONTROLLER AND ASST TREASURER
Officer
40$170,656$17,476
MATTHEW MALSKYPROGRAM DIR. MCA SUPPLEMENT
Former
40$140,651$14,279
ANI APRAHAMIANTRUSTEE
Trustee or director
2$0$0
JASON M BARNETTTRUSTEE
Trustee or director
2$0$0
DONELLA BROCKINGTONTRUSTEE
Trustee or director
2$0$0
INGRID BUSSON-HALLTRUSTEE
Trustee or director
2$0$0
ANTHONY CANNONTRUSTEE
Trustee or director
2$0$0
KEVIN CHERRYTRUSTEE (THRU 06/2023)
Trustee or director
2$0$0
ROY DINICOLATRUSTEE
Trustee or director
2$0$0
MONA DOMOSHTRUSTEE
Trustee or director
2$0$0
LARRY FRANKSTRUSTEE (AS OF 07/2023)
Trustee or director
2$0$0
ROSS GILLMANTRUSTEE
Trustee or director
2$0$0
JANET GOSSTRUSTEE (AS OF 07/2023)
Trustee or director
2$0$0
NANCIE JULIANTRUSTEE
Trustee or director
2$0$0
GARY LABOVICHTRUSTEE/CHAIR
Trustee or director, Officer
15$0$0
LAWRENCE LANDRYTRUSTEE
Trustee or director
2$0$0
CYNTHIA MICHAEL-WOLPERTTRUSTEE
Trustee or director
2$0$0
ANTONIO MOLESTINATRUSTEE
Trustee or director
2$0$0
ARLENE MORRISTRUSTEE
Trustee or director
2$0$0
PETER MUGARTRUSTEE (AS OF 07/2023)
Trustee or director
2$0$0
JENNIFER OTTINGERTRUSTEE (AS OF 07/2023)
Trustee or director
2$0$0
KAREN PATTERSON GREENETRUSTEE (AS OF 07/2023)
Trustee or director
2$0$0
ERICA PENNTRUSTEE
Trustee or director
2$0$0
LEE PLAVETRUSTEE
Trustee or director
2$0$0
JOSEPH POKUTRUSTEE
Trustee or director
2$0$0
VICKIE H RICCARDOTRUSTEE
Trustee or director
2$0$0
RON SHAICHTRUSTEE
Trustee or director
2$0$0
DAVID STRASSLERTRUSTEE
Trustee or director
2$0$0
TONY TILTONTRUSTEE
Trustee or director
2$0$0
WENDI J TRILLINGTRUSTEE
Trustee or director
2$0$0
BRUCE WEILLERTRUSTEE
Trustee or director
2$0$0
MARK WETZELTRUSTEE (AS OF 07/2023)
Trustee or director
2$0$0
LORI WITTMANTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
950 MAIN ST, WORCESTER, MA 01610-1400
Principal officer (990 for 2024)
DAVID FITHIAN, 950 MAIN STREET, WORCESTER, MA 01610
Signed the 990
DAN HITCHELL, EVP, CFO & TREASURER
Phone
(508) 793-7455
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

CLARK UNIVERSITY'S MISSION IS TO EDUCATE UNDERGRADUATE AND GRADUATE STUDENTS TO BE IMAGINATIVE AND CONTRIBUTING CITIZENS OF THE WORLD, AND TO ADVANCE THE FRONTIERS OF KNOWLEDGE AND UNDERSTANDING THROUGH RIGOROUS SCHOLARSHIP AND CREATIVE EFFORT. (CONTINUED ON SCHEDULE O)

990 for the year ended May 31, 2025

Program accomplishments

  • INSTRUCTION AND ACADEMIC SUPPORT: CLARK'S FALL 2024 ENROLLMENT CONSISTED OF 2,266 UNDERGRADUATES AND 1,665 GRADUATE STUDENTS. OUR MOTTO - AND MISSION - IS "CHALLENGE CONVENTION; CHANGE OUR WORLD", AND OUR FACULTY MEMBERS WORK TO INSPIRE THEIR STUDENTS TO UTILIZE THEIR LIBERAL ARTS BASED EDUCATION TO MAKE A REAL DIFFERENCE IN THE COMMUNITIES IN WHICH THEY LIVE AND WORK. WE ALSO HAVE STRONG GRADUATE PROGRAMS, WHICH INCLUDE MASTERS' LEVEL DEGREES AND EIGHT PHD PROGRAMS.
    Expenses $96,484,251 · revenue $180,194,289
  • FINANCIAL AID: CLARK IS COMMITTED TO BEING AFFORDABLE TO THOSE STUDENTS ABLE TO MEET THE HIGH ACADEMIC EXPECTATIONS OF OUR FACULTY. APPROXIMATELY 97% OF ALL UNDERGRADUATE STUDENTS RECEIVE SOME LEVEL OF FINANCIAL ASSISTANCE, WHICH IS DISTRIBUTED ON THE BASIS OF BOTH MERIT AND FINANCIAL NEED.
    Expenses $93,812,751 · grants $93,812,751
  • RESEARCH: CLARK IS COMMITTED TO A PROGRAM OF RESEARCH AND HAS A VERY PROFESSIONALLY ACTIVE FACULTY, VIRTUALLY ALL OF WHOM ARE ENGAGED IN SPONSORED OR UNSPONSORED RESEARCH AND CREATIVE ACTIVITY. UNDERGRADUATE AND GRADUATE STUDENTS PARTICIPATE EXTENSIVELY IN FACULTY-DIRECTED RESEARCH. RESEARCH IS FUNDED BY BOTH PRIVATE AND PUBLIC GRANTS.
    Expenses $14,835,698 · grants $2,757,808
  • AUXILIARY SERVICES INCLUDES PROVIDING HIGH QUALITY RESIDENCE HALLS, FOOD SERVICE, AND CAMPUS STORE SERVICES TO CLARK STUDENTS. STUDENT SERVICES PROGRAM SUPPORTS AN ENVIRONMENT FOR THE STUDENTS THAT ENCOURAGES THEM TO BECOME ACTIVE, INVOLVED AND RESPONSIBLE CITIZENS IN THE GLOBAL COMMUNITIES. RESOURCES ARE EXPENDED TO PROVIDE SUPPORT TO THE STUDENTS IN ACHIEVING THEIR NON-ACADEMIC GOALS AND PROVIDING A BALANCE AND HEALTHY SOCIAL ENVIRONMENT.
    Expenses $40,282,562 · revenue $22,177,988

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
04-2111203
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1937
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$770,114,928
Income (IRS master file)
$285,664,201

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$235,538,162$266,488,619$770,114,928XML
990-TMay 2025–––IRS
990May 2024$249,568,152$258,888,264$768,048,176XML
990-TMay 2024–––IRS
990May 2023$226,941,247$248,885,959$728,511,228IRS
990-TMay 2023–––IRS
990May 2022$198,442,361$228,857,031$757,704,092IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990-TMay 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2111203).

Questions about CLARK UNIVERSITY

What is the EIN of CLARK UNIVERSITY?
The employer identification number (EIN) of CLARK UNIVERSITY is 04-2111203.
Is CLARK UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1937.
Are donations to CLARK UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLARK UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CLARK UNIVERSITY due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLARK UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of CLARK UNIVERSITY?
The 990 for the year ended May 31, 2025 names DAVID FITHIAN.
Who are the officers and directors of CLARK UNIVERSITY?
The 990 for the year ended May 31, 2025 lists 55 people; 18 received compensation from the organization, the highest $826,486 (DAVID FITHIAN, PRESIDENT).
How much revenue does CLARK UNIVERSITY have?
On its 990 for the year ended May 31, 2025 it reported revenue of $235,538,162, expenses of $266,488,619 and total assets of $770,114,928 at year end.

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