Alma College

Overview
Alma College is a private liberal arts college located in Alma, Michigan. Recognized as a nonprofit organization under the Internal Revenue Code 501(c)3, Alma College is dedicated to educational purposes and operates with the mission to prepare graduates who think critically, serve generously, lead purposefully, and live responsibly as stewards of the world.

History
Founded in 1886, Alma College has a rich history of providing a well-rounded education centered around the liberal arts. Over the years, the institution has grown in size and stature, continually adapting its educational offerings to meet the needs of its students and the demands of a changing world.

Academics
Alma College offers a range of undergraduate programs in various fields including the humanities, social sciences, natural sciences, and professional disciplines. The college emphasizes experiential learning, encouraging students to engage in community service, internships, and research projects as a core part of the educational experience.

Financial Information
According to its latest tax filings, Alma College reported total revenues of approximately $65 million for the fiscal year ending June 2023. The majority of this revenue, approximately 84.4%, was derived from program services, reflecting the college's focus on educational outcomes. Contributions accounted for 7.6% of total revenue, while investment income provided an additional 5.1%[1][2].

The college's financial data indicates a strong asset base with total assets reported at approximately $165.6 million, against total liabilities of about $23.9 million. This financial health supports the institution's ongoing commitment to providing quality education and maintaining its facilities[1].

Community Engagement
Alma College actively engages with the local community through its Center for College and Community Engagement. This center facilitates partnerships that allow students to apply their learning in real-world contexts while contributing positively to the community[4].

Mission Statement
The mission of Alma College focuses on the holistic development of its students, aiming to instill critical thinking, generosity in service, purposeful leadership, and responsible citizenship. The college strives to foster an environment where students can thrive academically while also preparing to face the challenges of the broader world[2][5].

Conclusion
Alma College stands as a significant institution within the landscape of higher education in Michigan and the broader United States, committed to the principles of liberal arts education and the personal development of its students. Its focus on critical thinking, community service, and responsible leadership underscores its mission and values, positioning it as an influential player in shaping future generations.