HILLSDALE COLLEGE

Financials

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 June 30, 2025, highest compensation first.

Address and contacts

Address (IRS master file)

33 E COLLEGE ST, HILLSDALE, MI 49242-1205

In care of

% HILLSDALE COLLEGE

Mailing address (990-N for 2016)

33 E College St, Hillsdale MI 49242

Principal officer (990 for 2024)

LARRY P ARNN, 33 E COLLEGE STREET, HILLSDALE, MI 49242

Principal officer (990-N for 2016)

Kari McArthur, 33 E College St, Hillsdale MI 49242

Signed the 990

PAUL HATTY, TREASURER

Phone

(517) 437-7341

Website

WWW.HILLSDALE.EDU

Return prepared by

PLANTE & MORAN PLLC

Mission

SEE SCHEDULE O

Program accomplishments

• STUDENT INSTRUCTION HILLSDALE COLLEGE MAINTAINS ITS DEFENSE OF THE CLASSICAL LIBERAL ARTS CURRICULUM, CONVINCED THAT IT IS THE BEST PREPARATION FOR MEETING THE CHALLENGES OF MODERN LIFE AND THAT IT OFFERS TO ALL PEOPLE OF ALL BACKGROUNDS NOT ONLY AN IMPORTANT BODY OF KNOWLEDGE, BUT ALSO TIMELESS TRUTHS ABOUT THE HUMAN CONDITION. THE LIBERAL ARTS ARE DEDICATED TO STIMULATING STUDENTS' INTELLECTUAL CURIOSITY, TO ENCOURAGING THE CRITICAL, WELL-DISCIPLINED MIND, AND TO FOSTERING PERSONAL GROWTH THROUGH ACADEMIC CHALLENGE. AS SUCH, THE COLLEGE MAINTAINS A RIGOROUS CORE CURRICULUM OF 50 ACADEMIC CREDITS, INCLUDING REQUIRED COURSES IN WESTERN AND AMERICAN HISTORY, THE GREAT BOOKS, THE U.S. CONSTITUTION, LOGIC AND RHETORIC, PHILOSOPHY, THEOLOGY, MATHEMATICS, THE ARTS AND SCIENCES, AND MORE. IN ADDITION TO THE CORE CURRICULUM, STUDENTS CHOOSE FROM 30 MAJORS AND SEVEN INTERDISCIPLINARY MAJORS. SEVEN MINORS-ONLY PROGRAMS AND NINE PRE-PROFESSIONAL PROGRAMS ARE ALSO OFFERED. THE FOUR-YEAR UNDERGRADUATE COURSE OF STUDY CULMINATES IN A BACHELOR OF ARTS OR BACHELOR OF SCIENCE DEGREE. HILLSDALE COLLEGE IS CONSISTENTLY RANKED HIGH ON LISTS OF THE BEST LIBERAL ARTS COLLEGES IN THE NATION BY SUCH PUBLICATIONS AS U.S. NEWS & WORLD REPORT, THE PRINCETON REVIEW, FORBES, AND KIPLINGER'S PERSONAL FINANCE. IN ADDITION TO ITS UNDERGRADUATE PROGRAM OF INSTRUCTION, THE COLLEGE OPERATES THE VAN ANDEL GRADUATE SCHOOL OF STATESMANSHIP ON CAMPUS, OFFERING MASTER'S AND DOCTORAL DEGREES IN POLITICS; THE STEVE & AMY VAN ANDEL GRADUATE SCHOOL OF GOVERNMENT IN WASHINGTON, D.C., OFFERING A MASTER OF ARTS DEGREE IN GOVERNMENT; AND THE DIANA DAVIS SPENCER GRADUATE SCHOOL OF CLASSICAL EDUCATION OFFERING A MASTER OF ARTS DEGREE IN CLASSICAL EDUCATION. THE COLLEGE IS COMMITTED TO THE EXCELLENCE OF ITS STUDENTS IN BOTH INTELLECT AND CHARACTER. THIS COMMITMENT IS REFLECTED IN THE STUDENT HONOR CODE, WHICH READS, "A HILLSDALE COLLEGE STUDENT IS HONORABLE IN CONDUCT, HONEST IN WORD AND DEED, DUTIFUL IN STUDY AND SERVICE, AND RESPECTFUL OF THE RIGHTS OF OTHERS. THROUGH EDUCATION THE STUDENT RISES TO SELF-GOVERNMENT." HILLSDALE BOASTS A STUDENT-FACULTY RATIO OF 8 TO 1. IT HAS 170 FULL-TIME AND 71 ADJUNCT FACULTY, 91 PERCENT OF WHOM HOLD THE HIGHEST DEGREE IN THEIR DISCIPLINES.
  Expenses $86,337,635 · revenue $59,750,604
• STUDENT SCHOLARSHIPS AND GRANTS HILLSDALE COLLEGE HAS BEEN COMMITTED TO INDEPENDENCE SINCE ITS FOUNDING IN 1844. WHEN A 1984 U.S. SUPREME COURT RULING THREATENED HILLSDALE WITH THE ENTIRE RANGE OF FEDERAL REGULATIONS BECAUSE SOME OF ITS STUDENTS RECEIVED FEDERAL FINANCIAL AID, THE COLLEGE RESOLVED THAT NOT A SINGLE HILLSDALE STUDENT WOULD ACCEPT EVEN ONE CENT OF FEDERAL GRANTS, LOANS, OR SCHOLARSHIPS. INSTEAD, HILLSDALE ESTABLISHED THE PRIVATELY FUNDED STUDENT INDEPENDENCE SCHOLARSHIP AND LOAN FUND IN PLACE OF TAXPAYER-FUNDED AID FOR DESERVING STUDENTS WHO SEEK THE KIND OF CLASSICAL LIBERAL ARTS EDUCATION OFFERED AT HILLSDALE. SINCE THE STUDENT INDEPENDENCE SCHOLARSHIP AND LOAN FUND WAS ESTABLISHED IN 1985, HILLSDALE HAS REPLACED FEDERAL AND STATE GRANTS AND LOANS WITH OVER $157 MILLION IN PRIVATE AWARDS. THE COST OF REPLACING GOVERNMENT AID WAS OVER $7.3 MILLION IN THE 2024-2025 ACADEMIC YEAR; THIS TOTAL ASSISTED 483 STUDENTS. IN ADDITION, THE COLLEGE AWARDED APPROXIMATELY $35.5 MILLION IN PRIVATE SCHOLARSHIPS THAT YEAR ON THE BASIS OF FINANCIAL NEED, ACADEMIC MERIT, CAMPUS LEADERSHIP, ATHLETIC AND MUSIC PARTICIPATION, AND OTHER QUALIFICATIONS. APPROXIMATELY 99 PERCENT OF HILLSDALE STUDENTS QUALIFY FOR AND RECEIVE SOME FORM OF INSTITUTIONAL AID.
  Expenses $39,740,656 · grants $39,740,656
• STUDENT SERVICES HILLSDALE'S STUDENT SERVICES INCLUDE THE ADMISSIONS OFFICE, CAREER SERVICES, ACADEMIC SERVICES, STUDENT AFFAIRS, AND HEALTH AND WELLNESS SERVICES. THE ADMISSIONS OFFICE RECEIVES AN INCREASING NUMBER AND HIGHER CALIBER OF APPLICATIONS EACH YEAR, LEADING TO A SELECTIVE ACCEPTANCE RATE OF JUST UNDER 20 PERCENT FOR THE MOST RECENT ACADEMIC YEAR. THE OFFICE EMPHASIZES A HOLISTIC APPROACH TO APPLICATION REVIEWS AND CONDUCTS PERSONAL INTERVIEWS WITH 99 PERCENT OF APPLICANTS. THE CAREER SERVICES OFFICE HELPS STUDENTS DEVELOP THEIR STRENGTHS AND INTRODUCES THEM TO OPPORTUNITIES THROUGH MENTORING, NETWORK-BUILDING, JOB FAIRS, AND OTHER PROGRAMS. THE COLLEGE HAS A 98 PERCENT FIVE-YEAR GRADUATE PLACEMENT AVERAGE. A SURVEY OF THE 2024 GRADUATING CLASS SHOWED THAT 72 PERCENT WERE EMPLOYED, 26 PERCENT IN CONTINUING EDUCATION AND GRADUATE PROGRAMS, AND 2 PERCENT IN MILITARY AND VOLUNTEER SERVICE. HILLSDALE'S STUDENT AFFAIRS DEPARTMENT OVERSEES A NUMBER OF STUDENT INTEREST GROUPS, ACADEMIC HONORARIES, VOLUNTEER ORGANIZATIONS, AND THE COLLEGE'S FOUR FRATERNITIES AND THREE SORORITIES. HEALTH AND WELLNESS SERVICES PROVIDES MEDICAL AND MENTAL HEALTH SERVICES TO STUDENTS, FACULTY, AND STAFF.
  Expenses $18,983,555
• THESE ADDITIONAL PROGRAM SERVICE EXPENSES INCLUDE, BUT ARE NOT LIMITED TO, AUXILIARY SERVICES (BOOKSTORE, RESIDENTIAL, DINING) AND PLAN AND MAINTENANCE OF CAMPUS GROUNDS AND BUILDINGS.
  Expenses $30,587,638 · grants $418,569 · revenue $23,143,635

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 June, so each return is due on the 15th day of the 5th month after that.

IRS record

EIN

38-1374230

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

1943

Accounting year ends

June

Files

Form 990 or 990-EZ

Category (NTEE)

Education (B420)

Assets (IRS master file)

$2,265,227,618

Income (IRS master file)

$430,870,957

Filing history

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 38-1374230).

Questions about HILLSDALE COLLEGE

What is the EIN of HILLSDALE COLLEGE?

The employer identification number (EIN) of HILLSDALE COLLEGE is 38-1374230.

Is HILLSDALE COLLEGE tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.

Are donations to HILLSDALE COLLEGE tax-deductible?

Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).

Which annual return does HILLSDALE COLLEGE 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 HILLSDALE COLLEGE due?

The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did HILLSDALE COLLEGE last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended June 2025.

Who is the principal officer of HILLSDALE COLLEGE?

The 990 for the year ended June 30, 2025 names LARRY P ARNN.

Who are the officers and directors of HILLSDALE COLLEGE?

The 990 for the year ended June 30, 2025 lists 48 people; 12 received compensation from the organization, the highest $1,226,266 (LARRY P ARNN, PRESIDENT).

How much revenue does HILLSDALE COLLEGE have?

On its 990 for the year ended June 30, 2025 it reported revenue of $423,688,130, expenses of $292,735,155 and total assets of $2,265,227,618 at year end.

Other nonprofits in HILLSDALE

• AMERICA FUND INC
  EIN 93-3985799 · last filed 990 for 2024
• STUDENT FREE PRESS ASSOCIATION
  EIN 27-2277658 · last filed 990 for 2025
• HILLSDALE ELEMENTARY PTO
  EIN 20-4702609 · last filed 990-EZ for 2025
• HILLSDALE COLLEGE INDEPENDENCE FOUNDATION
  EIN 38-3491675 · last filed 990-EZ for 2025
• HILLSDALE COMMUNITY HEALTH CENTER
  EIN 38-6005550 · last filed 990 for 2025
• DOROTHY D & JOSEPH A MOLLER
  EIN 74-6355685 · last filed 990-PF for 2025
• MICHINDOH CONFERENCE CENTER
  EIN 27-0209917 · last filed 990 for 2025
• HILLSDALE COUNTY COMMUNITY FOUNDATION
  EIN 38-3001297 · last filed 990 for 2025

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