President and Fellows of Middlebury

Middlebury, VT, 05753 (802) 443-5547 Est. 1800 EIN 03-0179298
B430 - Education 501(c)(3)
www.middlebury.edu

Financials

Total Revenue
$511,285,123
Total Expenses
$443,806,219
Net Assets
$1,845,438,823
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
4.2 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 1.7%
Expenses ↑ 4.4%
Revenue Sources
Contributions 19.6% Earned revenue 58.6% Investment 21.9%
Expense Breakdown
Program 84.7% Management 14.2% Fundraising 1.1%

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EIN: 03-0179298 · Source: IRS Form 990 e-file data