Babson College

Fiscal year ending 2022. Filed on May 12, 2023.

231 Forest Street
Babson Park, Massachusetts 02457

Babson College (EIN: 04-2103544) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Babson College, a 501(c)(3) charitable organization, reported compensation for 11 out of 2,032 total employees. Among the employees shown here, the average compensation is $477,380. The highest compensated employee at Babson College is Stephen Spinelli with fiscal year 2022 compensation of $765,641.

Revenue, expenses, and employee compensation

Revenue

$397,619,450

Expenses

$280,964,776

Employee compensation

$124,241,316
Revenue, expenses, and employee compensation over time

Mission Statement

BABSON COLLEGE EDUCATES ENTREPRENEURIAL LEADERS WHO CREATE GREAT ECONOMIC AND SOCIAL VALUE EVERYWHERE. BABSON COLLEGE IS A GLOBAL LEADER IN MANAGEMENT EDUCATION WITH APPROXIMATELY 2,800 UNDERGRADUATE AND NEARLY 1,200 GRADUATE ENROLLMENT. OUR INNOVATIVE CURRICULA CHALLENGE STUDENTS TO THINK CREATIVELY AND ACROSS DISCIPLINARY BOUNDARIES. WE CULTIVATE THE WILLINGNESS TO TAKE AND MANAGE RISK, THE ABILITY TO ENERGIZE OTHERS TOWARD A GOAL, AND THE COURAGE TO ACT RESPONSIBLY. OUR STUDENTS UNDERSTAND THAT LEADERSHIP REQUIRES BOTH TECHNICAL KNOWLEDGE AND A SOPHISTICATED APPRECIATION OF INSTITUTIONS, SOCIETIES, CULTURES, AND THE SELF. THEY WELCOME THE CHALLENGE OF LEARNING CONTINUOUSLY AND TAKING RESPONSIBILITY FOR THEIR CAREERS. OUR STUDENTS WILL BE KEY CONTRIBUTORS IN ESTABLISHED ENTERPRISES AS WELL AS EMERGING VENTURES.

Revisions to this organization profile

May 12, 2025:
2024 Babson College 990 filed
May 14, 2024:
2023 Babson College 990 filed
May 12, 2023:
2022 Babson College 990 filed

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