Bates College
Bates College is a private nonprofit liberal arts college in Lewiston, Maine, serving approximately 2,000 undergraduates through 38 majors and 29 minors with a 10:1 student-faculty ratio and substantial financial aid (48% of students, $58,000+ average). Revenue derives from tuition, philanthropy, and external grants supporting teaching, research, and community engagement.
- Company typePrivate
- Founded1856
- HeadquartersLewiston, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Bates College does
Bates College is a private, nonprofit liberal arts college founded in 1856 and located at 2 Andrews Road in Lewiston, Maine. The college serves approximately 2,000 undergraduate students through 38 majors and 29 minors, supplemented by an Independent Interdisciplinary Studies option, and maintains a 10:1 student-to-faculty ratio that anchors its personalized mentorship model. Approximately 48% of students receive financial aid averaging over $58,000 per recipient, signaling a substantial tuition-discount posture consistent with high-access private liberal arts institutions. Faculty research is conducted across facilities including Bonney Science Center, Dana Chemistry Hall, Carnegie Science Hall, and Ladd Library; notable domain projects include the Diverse BookFinder (a searchable database of diverse children's picture books with a Collection Analysis Tool for libraries) and Arctic sediment core research from Greenland's Peary Land.
Bates generates revenue through three primary streams: tuition and fees, philanthropic giving (annual fund, leadership gifts, capital campaigns, planned giving) administered through the Office of College Advancement, and external grants and sponsored programs from government agencies (HHMI, NEH, DOE) and foundations (Mellon, Brooks Family Foundation). The college distributes its educational offering primarily through a traditional residential campus model in Lewiston, augmented by digital channels including a Concept3D virtual tour, the Bates Visit App, and the Handshake-powered Center for Purposeful Work for career services, internships, and micro-internships. Marketing reaches prospective students and families through the official website, Instagram, virtual and in-person campus visits, and admission counselor outreach.
Strategic positioning emphasizes academic excellence, social justice, and civic engagement, articulated through the Purposeful Work program, the Harward Center for community-engaged learning, the Center for Inclusive Teaching and Learning (established 2022), and a 2023 general education requirement on race, power, privilege, and colonialism. The college holds the 2026 Carnegie Elective Classification for Community Engagement (only Maine institution among ~230 nationwide) and the Student Access and Earnings Classification, with graduate earnings reported at 68% above peer institutions eight years post-enrollment. Governance is by a Board of Trustees under President Garry W. Jenkins (inaugurated 2024), with Eric Foushée as VP for College Advancement, Kristen Lainsbury as VP for Communications and Marketing, and Rosanna Ferro as incoming VP for Student Affairs; a 2025-27 strategic planning cycle is currently underway.
Bates College firmographics
Firmographics- Name
- Bates College
- Legal name
- Bates College
- Website
- https://bates.edu
- Company type
- Private
- Founded year
- 1856
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Bates College is a private nonprofit liberal arts college in Lewiston, Maine, serving approximately 2,000 undergraduates through 38 majors and 29 minors with a 10:1 student-faculty ratio and substantial financial aid (48% of students, $58,000+ average). Revenue derives from tuition, philanthropy, and external grants supporting teaching, research, and community engagement.
- Ownership category
- akta.pro rank
Bates College industry classification
Industry- Product category
- Higher Education (Liberal Arts)
- NAICS
- Colleges, Universities, and Professional Schools (6113), Educational Services (61)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Residential Liberal Arts Colleges (EDAHACAH)
- akta.pro secondary industries
- Secular/Nonsectarian Liberal Arts Colleges (EDAHACAG), Interdisciplinary/Experimental Liberal Arts Colleges (EDAHACAN)
Keywords
Where Bates College is headquartered
LocationHeadquarters
- HQ city
- Lewiston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Bates College business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Tuition and Fees: Revenue from undergraduate tuition, room and board, and fees from enrolled students.
- Philanthropic Giving: Annual fund donations through the Bates Fund, leadership gifts through the Mount David Society, capital campaign contributions, and planned gifts/bequests from alumni, parents, and friends.
- Grants and Sponsored Programs: External funding from government agencies (HHMI, NEH, DOE), foundations (Mellon, Brooks Family Foundation), and corporations for research and programmatic initiatives.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Bates College product offering
Product offeringCore offering
Bates College is a private liberal arts college offering residential undergraduate education across 38 majors and 29 minors, with an option for students to design their own interdisciplinary major. The college complements classroom instruction with the Center for Purposeful Work (four-year career development), the Harward Center for community-engaged learning, and inclusive teaching practices supported by the Center for Inclusive Teaching and Learning.
Product overview
Bates College is a liberal arts institution offering undergraduate education with 38 majors and 29 minors. The college operates several distinct product/service offerings: the Center for Purposeful Work provides career development services via the Handshake platform; the Diverse BookFinder is a searchable database of diverse children's literature created by Bates faculty; the Bates Visit App enables prospective students to take self-guided campus tours; and the Virtual Campus Tour provides 3D online exploration of campus facilities. A major new initiative is the Stoddard Fitness and Well-Being Center, an 8,500 sq ft facility that will double campus fitness space as part of a $45M athletics upgrade.
Differentiator
Problem solved
Functional benefit
Products and services
- Undergraduate Liberal Arts Education Program Four-year residential undergraduate liberal arts education program offering 38 majors and 29 minors, plus an option to design a self-directed interdisciplinary major. Includes first-year seminars, senior thesis, undergraduate research, study abroad, and a 10:1 student-faculty ratio. Targets traditional-age college students seeking rigorous academics, social justice focus, and purposeful work preparation.
- Center for Purposeful Work A comprehensive four-year career development program that helps students connect personal interests and identities to meaningful careers. Provides job shadow programs, internships, micro-internships, career counseling, Handshake platform access, industry-specific support (STEM, Pre-Law, Pre-Business, Pre-Engineering), and graduate school advising. Targets Bates undergraduate students and alumni seeking post-graduation opportunities.
- Diverse BookFinder A searchable public database of diverse children's picture books developed by Bates Professor Krista Aronson, with filtering by demographic categories and narrative themes. Includes a Collection Analysis Tool (CAT) for libraries to audit their picture book diversity. Targets educators, librarians, parents, and researchers studying representation in children's literature.
- Bates Visit App A mobile application for iOS and Android devices that provides self-guided campus tours, navigation assistance, and event information for prospective students and visitors exploring the Bates College campus. Distributed via the Apple App Store and Google Play.
- Virtual Campus Tour An interactive 3D virtual tour of the Bates College campus powered by Concept3D, featuring detailed views of academic buildings, athletic facilities, residential buildings, and student life centers. Includes photo tour and Google Maps integration. Targets prospective students and families unable to visit the campus in person.
Quantifiable outcome
- Graduates earn 68% above median earnings of similar institutions eight years after enrollment
- +3 more outcomes
Companies that use Bates College
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Bates College technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
Bates College partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Maine Museum of Innovation, Labor, and Learning (Maine MILL)coreDecades-long educational partnership between Bates College and the museum housed in the Bates Mill Complex for 30 years. Involves student internships, faculty collaborations, and community engagement programs. Bates made a $75,000 naming gift for the Bates College Welcome Center at the new standalone building opening June 27 in Lewiston, Maine. The museum was founded in 1996 to preserve artifacts from the Lewiston-Auburn textile industry.
- HandshakecoreCareer services and recruiting platform used by Bates students and alumni for internships, job searches, employer info sessions, and career counseling appointments. Handshake is the primary digital platform connecting Bates students with employment and career development opportunities.
- Maine Humanities CouncilminorPartnership to administer grants to Maine libraries for using the Diverse BookFinder's Collection Analysis Tool to assess children's book collection diversity. Funded through Brooks Family Foundation grants to help underresourced libraries diversify their collections.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Bates College competitors and assessment
Company assessmentDirect peers
- Bowdoin College: NESCAC peer and fellow Maine-based residential liberal arts college with comparable size, selectivity, and historical rivalry; directly comparable on academic model, residential experience, and student outcomes positioning.
- Colby College: NESCAC peer residential liberal arts college in Maine with similar endowment scale, academic program breadth, and career outcomes profile; competes directly for the same applicant pool in the Northeast.
- Middlebury College: NESCAC peer residential liberal arts college with comparable size, strong language/international focus, and similar tuition and financial aid structure; competes in the same selective liberal arts applicant market.
- Amherst College: Highly selective NESCAC residential liberal arts college with similar academic rigor, financial aid generosity, and career outcomes; directly comparable on admissions selectivity and graduate earnings performance.
- Williams College: NESCAC peer and consistently top-ranked residential liberal arts college; comparable on academic model, faculty-student ratio, and post-graduate outcomes, though with a substantially larger endowment.
- Wesleyan University: NESCAC peer residential liberal arts university with comparable size and curricular breadth, including interdisciplinary programs; competes for the same selective applicant demographic.
- Hamilton College: NESCAC peer residential liberal arts college in New York with similar academic model, open curriculum approach, and career outcomes positioning; directly comparable enrollment scale and selectivity.
- Trinity College: NESCAC peer urban residential liberal arts college with comparable size and curricular structure; competes for similar applicants in the Northeast liberal arts market.
- Connecticut College: New England residential liberal arts college with comparable enrollment scale, academic program structure, and career outcomes emphasis; competes in the same selective liberal arts market.
Broad incumbents
- Tufts University: NESCAC-affiliated research university that includes a strong undergraduate liberal arts program with similar student-faculty ratios; broader institution that overlaps with Bates on residential liberal arts model but with graduate and professional schools.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Bates College social profiles
Digital presenceBates College compliance and trust
Trust signalCompliance2 records
Bates College financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bates College leadership team
Management profileNumber of profiles
Profiles6 records
Bates College funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bates College M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bates College
What does Bates College do?
Bates College is a private liberal arts college offering residential undergraduate education across 38 majors and 29 minors, with an option for students to design their own interdisciplinary major. The college complements classroom instruction with the Center for Purposeful Work (four-year career development), the Harward Center for community-engaged learning, and inclusive teaching practices supported by the Center for Inclusive Teaching and Learning.
Is Bates College a public or private company?
Bates College is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Bates College founded?
Bates College was founded in 1856. It employs 501 to 1,000 people.
Where is Bates College based?
Bates College is headquartered in Lewiston, United States, in the North America region.
How does Bates College make money?
Three revenue lines are on record. Tuition and Fees are the primary driver. The others are philanthropic Giving and grants and Sponsored Programs.
Who are Bates College's main competitors?
Direct peers on record are Bowdoin College, Colby College, Middlebury College, Amherst College, Williams College, Wesleyan University, Hamilton College, Trinity College and Connecticut College. Tufts University is listed as a broad incumbent.
Does Bates College have an API?
No public API is recorded for Bates College.
What industry is Bates College in?
Bates College's product category is Higher Education (Liberal Arts). Its primary akta.pro industry code is EDAHACAH, Residential Liberal Arts Colleges, with a secondary code of EDAHACAG, Secular/Nonsectarian Liberal Arts Colleges. Its NAICS code is 6113 and its SIC code is 8200.