EIN 54-0505940

Randolph-Macon College (RMC)

IRS 501(c) type
501(c)(3)
Num. employees
1,165
Year formed
1830
Most recent tax filings
2022-06-01
Description
To develop the mind and the character of its students they are challenged to communicate effectively, to think analytically and critically, to experience and appreciate the creative process.
Total revenues
$106,388,149
2022
Total expenses
$96,600,817
2022
Total assets
$398,057,628
2022
Num. employees
1,165
2022

Program areas at RMC

Randolph-Macon College is an institution of higher education providing a four year liberal arts curriculum to approximately 1,477 students.

Who funds Randolph-Macon College (RMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Cabell FoundationTo Support A New Performing Arts Center at the College and Renovations To the Current Blackwell Auditorium$510,000
Lettie Pate Whitehead FoundationFor General Scholarship Support.$310,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$215,740
...and 53 more grants received totalling $2,507,754

Personnel at RMC

NameTitleCompensation
Barbara DaubermanAssistant Vice President of Finance and
Paul DaviesVice President of Administration and Finance$173,012
Beth CampbellVice President for Marketing and Communications
Diane LowderVice President for College Advancement$295,676
Brenda PoggendorfVice President for Enrollment Management
...and 11 more key personnel

Financials for RMC

RevenuesFYE 06/2022
Total grants, contributions, etc.$16,566,946
Program services$78,275,134
Investment income and dividends$8,388,772
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$373,812
Net gain from sale of non-inventory assets$2,488,321
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-2,931
Miscellaneous revenues$298,095
Total revenues$106,388,149

Form 990s for RMC

Fiscal year endingDate received by IRSFormPDF link
2022-062023-12-14990View PDF
2022-062023-05-12990View PDF
2021-062022-05-13990View PDF
2020-062021-05-18990View PDF
2019-062021-02-05990View PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 4 new personnel
January 2, 2024
Received grants
Identified 16 new grant, including a grant for $310,000 from Lettie Pate Whitehead Foundation
October 25, 2023
Received grants
Identified 6 new grant, including a grant for $60,000 from Cedar Street Charitable Foundation
August 19, 2023
Received grants
Identified 40 new grant, including a grant for $510,000 from The Cabell Foundation
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousPolitical advocacyLobbyingReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
Post Office Box 5005
Ashland, VA 23005
Metro area
Richmond, VA
County
Hanover County, VA
Website URL
rmc.edu/ 
Phone
(804) 752-7200
Facebook page
RandolphMacon 
Twitter profile
@randolphmacon 
IRS details
EIN
54-0505940
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1830
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
Independent
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