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.$264,300
The Mary Morton Parsons FoundationRenovation of Payne Hall To Accommodate New Nursing Program$250,000
...and 48 more grants received totalling $2,639,320
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$9,388,844
Department of EducationFEDERAL PELL GRANT PROGRAM$1,343,421
Department of EducationEDUCATION STABILIZATION FUND$589,001
...and 7 more federal grants / contracts

Personnel at RMC

NameTitleCompensation
Barbara DaubermanAssistant Vice President of Finance and
Paul T DaviesVice President of Administration and Finance / Vice President Administration and Finance , Treasurer$173,012
Diane M LowderVice President for College Advancement / Vice President Advancement$295,676
David L LesesneVice President for Enrollment and Dean of Admissions and Financial Aid / Vice President Enrollment$125,029
Grant AzdelVice President for Student Affairs and Dean of Students / Vice President Student Affairs / Faculty$116,529
...and 10 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
2022-062023-05-12990View PDF
2021-062022-05-13990View PDF
2020-062021-05-18990View PDF
2019-062021-02-05990View PDF
2018-062019-07-23990View PDF
...and 8 more Form 990s

Organizations like RMC

OrganizationLocationRevenue
Berea CollegeBerea, KY$243,070,272
St. Olaf CollegeNorthfield, MN$293,547,623
College of Saint Benedict and Saint John's University (CSBSJU)Collegeville, MN$153,092,093
Eckerd CollegeSaint Petersburg, FL$125,335,333
Concordia College CorporationMoorhead, MN$105,812,516
Augsburg UniversityMinneapolis, MN$133,913,998
Salve Regina UniversityNewport, RI$142,488,013
Le Moyne CollegeSyracuse, NY$160,365,899
Hamline UniversitySaint Paul, MN$121,598,753
Presbyterian CollegeClinton, SC$88,923,776
Data update history
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 11, 2023
Used new vendors
Identified 1 new vendor, including
July 5, 2023
Used new vendors
Identified 4 new vendors, including , , , and
July 3, 2023
Updated personnel
Identified 5 new personnel
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
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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