Carleton College
Northfield, MN · EIN 41-0694747 · Education · Rank 2,060 by total revenue
To provide an exceptional undergraduate liberal arts education.
Money, Form 990 for tax year 2024
- Total revenue
- $315,082,412
- Total expenses
- $261,238,790
- Total assets
- $1,992,369,854
- Salary base (all salaries and wages)
- $83,893,827
- Salaries, other pay and benefits
- $107,438,913
- Employees
- 3,072
- Salary base per employee
- $27,309
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (41)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Alison Byerly | PRESIDENT | Board, Officer | 60 | $863,204 |
| Eric Runestad | VP AND TREASURER | Officer | 60 | $436,091 |
| Michelle Mattson | PROVOST & VP OF ACADEMIC AFFAIRS | Officer | 60 | $372,164 |
| Daren Batke | VP OF DEVELOPMENT & ALUMNI RELATIONS | Officer | 60 | $343,239 |
| Dan Rustad | VP OF EXTERNAL RELATIONS (INTERIM) | Officer | 60 | $254,338 |
| Cathy Paglia | TRUSTEE CHAIR | Board, Officer | 8 | None reported |
| Jeninne McGee | TRUSTEE VICE CHAIR | Board, Officer | 8 | None reported |
| John Harris | SECRETARY | Board, Officer | 8 | None reported |
| Kelsey Deshler | CHIEF INVESTMENT OFFICER | Key employee | 60 | $997,616 |
| Carolyn H Livingston | VP FOR STUDENT LIFE & DEAN OF STUDENTS | Key employee | 60 | $356,582 |
| Art D Rodriguez | VP & DEAN OF ADMISSIONS & FINANCIAL AID | Key employee | 60 | $343,937 |
| Greg Amusu | TRUSTEE | Board | 5 | None reported |
| Mark Applebaum | TRUSTEE | Board | 5 | None reported |
| Emily Barr | TRUSTEE | Board | 5 | None reported |
| Kurchi Basu | TRUSTEE | Board | 5 | None reported |
| Alan Bauer | TRUSTEE | Board | 5 | None reported |
| Elizabeth Bausch | TRUSTEE | Board | 5 | None reported |
| Jonathan Capehart | TRUSTEE | Board | 5 | None reported |
| Vinaya Chepuri | TRUSTEE | Board | 5 | None reported |
| David Diamond | TRUSTEE | Board | 5 | None reported |
| Herb Fritch | TRUSTEE | Board | 5 | None reported |
| Lia Gore | TRUSTEE | Board | 5 | None reported |
| Michael Hasenstab | TRUSTEE | Board | 5 | None reported |
| Sara Hays | TRUSTEE | Board | 5 | None reported |
| Brent Irvin | TRUSTEE | Board | 5 | None reported |
| Dashini Jeyathurai | TRUSTEE | Board | 5 | None reported |
| Boluwatife Johnson | TRUSTEE | Board | 5 | None reported |
| Leslie Kautz | TRUSTEE | Board | 5 | None reported |
| Pam Kiecker Royall | TRUSTEE | Board | 5 | None reported |
| Elizabeth King | TRUSTEE | Board | 5 | None reported |
| Christian Lee | TRUSTEE | Board | 5 | None reported |
| Brad Nordholm | TRUSTEE | Board | 5 | None reported |
| Jennifer Pietenpol | TRUSTEE | Board | 5 | None reported |
| Raul Raymundo | TRUSTEE | Board | 5 | None reported |
| Nonoko Sato | TRUSTEE | Board | 5 | None reported |
| David Smith | TRUSTEE | Board | 5 | None reported |
| Justin Wender | TRUSTEE | Board | 5 | None reported |
| Michael Wiebolt | TRUSTEE | Board | 5 | None reported |
| Candace Williams | TRUSTEE | Board | 5 | None reported |
| Dana Wright | TRUSTEE | Board | 5 | None reported |
| John Youngblood | TRUSTEE | Board | 5 | None reported |
Top 10 paid people listed
These 10 people received $4,886,706, which is 5.8% of the $83,893,827 salary base shared by 3,072 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Kelsey Deshler | CHIEF INVESTMENT OFFICER | Key employee | 60 | $925,537 | $0 | $72,079 | $997,616 |
| Alison Byerly | PRESIDENT | Board, Officer | 60 | $736,099 | $0 | $127,105 | $863,204 |
| Timothy Griffeth | DIRECTOR OF INVESTMENTS | Highly paid employee | 60 | $508,373 | $0 | $68,478 | $576,851 |
| Eric Runestad | VP AND TREASURER | Officer | 60 | $368,659 | $0 | $67,432 | $436,091 |
| Michelle Mattson | PROVOST & VP OF ACADEMIC AFFAIRS | Officer | 60 | $326,550 | $0 | $45,614 | $372,164 |
| Carolyn H Livingston | VP FOR STUDENT LIFE & DEAN OF STUDENTS | Key employee | 60 | $249,000 | $0 | $107,582 | $356,582 |
| Art D Rodriguez | VP & DEAN OF ADMISSIONS & FINANCIAL AID | Key employee | 60 | $278,981 | $0 | $64,956 | $343,937 |
| Daren Batke | VP OF DEVELOPMENT & ALUMNI RELATIONS | Officer | 60 | $304,142 | $0 | $39,097 | $343,239 |
| Michael T Hemesath | PROFESSOR OF ECONOMICS | Highly paid employee | 60 | $243,861 | $0 | $59,375 | $303,236 |
| Elise Eslinger | CHIEF OF STAFF | Highly paid employee | 60 | $234,323 | $0 | $59,463 | $293,786 |
Sources
- IRS e-file return 202640989349301954 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 41-0694747
- Organization website (as filed): www.carleton.edu