Xavier University
- Assets
- $682.2m
- Revenue
- $308.2m
- Investments
- $294.6m
- Employees
- 3,362
- Location
- Cincinnati, OH
- Founding
- 02/1974
- Data as of
- 06/2020
- EIN
- 31-0537516
Organization Overview
Xavier University is located in Cincinnati, OH. The organization was established in 1974. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Xavier University employed 3,362 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Xavier University generated $308.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $293.0m during the year ending 06/2020. While expenses have increased by 3.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Xavier University has awarded 50 individual grants totaling $988,822. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
XAVIER IS A JESUIT CATHOLIC UNIVERSITY ROOTED IN THE LIBERAL ARTS TRADITION. OUR MISSION IS TO EDUCATE EACH STUDENT INTELLECTUALLY, MORALLY, AND SPIRITUALLY. WE CREATE LEARNING OPPORTUNITIES THROUGH RIGOROUS ACADEMIC AND PROFESSIONAL PROGRAMS INTEGRATED WITH CO-CURRICULAR ENGAGEMENT. IN AN ENVIRONMENT OF OPEN AND FREE INQUIRY, WE PREPARE STUDENTS FOR A WORLD THAT IS INCREASINGLY DIVERSE, COMPLEX AND INTERDEPENDENT. DRIVEN BY OUR COMMITMENT TO THE COMMON GOOD AND TO THE EDUCATION OF THE WHOLE PERSON, THE XAVIER COMMUNITY CHALLENGES AND SUPPORTS STUDENTS AS THEY CULTIVATE LIVES OF REFLECTION, COMPASSION AND INFORMED ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
XAVIER UNIVERSITY IS A PRIVATE, COEDUCATIONAL UNIVERSITY THAT EDUCATES STUDENTS IN THE JESUIT CATHOLIC TRADITION. XAVIER'S THREE COLLEGES OFFER 90 UNDERGRADUATE MAJORS, 60 MINORS AND 30 GRADUATE PROGRAMS TO 6,993 STUDENTS, INCLUDING 5,047 UNDERGRADUATES. XAVIER HAS BEEN RECOGNIZED AS ONE OF THE TOP 10 UNIVERSITIES IN THE MIDWEST FOR THE LAST 20 YEARS BY SEVERAL INDEPENDENT REVIEWS. A 12:1 STUDENT TO FACULTY RATIO ENCOURAGES INTERACTIVE AND SUPPORTIVE LEARNING. XAVIER STUDENTS HAVE HIGH GRADUATION AND CAREER PLACEMENT RATES.
XAVIER UNIVERSITY OFFERS STUDENT SERVICES WHICH CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL BEING AS WELL AS INTELLECTUAL, CULTURAL AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF FORMAL INSTRUCTION. THESE SERVICES INCLUDE STUDENT GOVERNMENT, RESIDENTIAL LIFE, STUDENT INVOLVEMENT, CAREER SERVICES CENTER, OFFICE OF MULTICULTURAL AFFAIRS, INTERCOLLEGIATE AFFAIRS, RECREATIONAL SPORTS, RETAIL SERVICES, DINING SERVICES, CAMPUS POLICE, AND OTHERS.
ACADEMIC SUPPORT INCLUDES THE OPERATION OF THE LIBRARY, THE CONATON LEARNING COMMONS AND DIVISION OF INFORMATION RESOURCES. IN ADDITION TO THE RESOURCES IN THE LIBRARY COLLECTIONS, THE FACILITIES PROVIDE STUDY, LOUNGE, CONFERENCE, INSTRUCTION SPACE, TECHNOLOGIES, AND SERVICES TO HELP STUDENTS MASTER ESSENTIAL SKILLS AND GAIN A COMPETITIVE ADVANTAGE IN THEIR RESPECTIVE DISCIPLINES AND CAREERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Steele Head Coach-Men's Basketball | 40 | $1,628,198 | |
Gregory A Christopher VP Admin & Director Of Athletics | Officer | 40 | $409,413 |
Gary R Massa VP For University Relations | Officer | 40 | $338,721 |
Melissa J Baumann Provost/chief Academic Officer | Officer | 40 | $305,468 |
Joseph H Feldhaus General Counsel And Secretary | Officer | 40 | $294,564 |
Philip G Chick Vp, Financial Admin And Cbo | Officer | 40 | $275,674 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Universal Contracting Corporation Construction Services | 6/29/20 | $3,911,570 |
Chartwells Dining Services Provider Of Food Service | 6/29/20 | $7,913,853 |
Integrity Specialty Contractors Construction Services | 6/29/20 | $1,999,054 |
Messer Construction Construction Services | 6/29/20 | $22,245,697 |
Orbis Educational Services Llc Education Services | 6/29/20 | $5,111,341 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,275 |
| Related organizations | $0 |
| Government grants | $3,512,511 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,853,651 |
| Noncash contributions included in lines 1a–1f | $1,482,224 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,377,437 |
| Total Program Service Revenue | $271,042,416 |
| Investment income | $6,025,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,735,663 |
| Net Income from Fundraising Events | $4,950 |
| Net Income from Gaming Activities | $46,892 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $308,233,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $298,498 |
| Grants and other assistance to domestic individuals. | $94,833,951 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,499,735 |
| Compensation of current officers, directors, key employees. | $166,982 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,658,831 |
| Pension plan accruals and contributions | $5,218,025 |
| Other employee benefits | $12,834,533 |
| Payroll taxes | $5,932,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $323,723 |
| Fees for services: Accounting | $295,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $690,913 |
| Fees for services: Other | $5,086,624 |
| Advertising and promotion | $875,598 |
| Office expenses | $9,915,173 |
| Information technology | $645,295 |
| Royalties | $0 |
| Occupancy | $2,808,468 |
| Travel | $4,846,131 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,453,817 |
| Interest | $8,186,719 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,290,081 |
| Insurance | $1,657,291 |
| All other expenses | $15,521,361 |
| Total functional expenses | $293,006,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,676,276 |
| Savings and temporary cash investments | $49,149,075 |
| Pledges and grants receivable | $42,265,008 |
| Accounts receivable, net | $3,602,126 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,637,233 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,890,836 |
| Net Land, buildings, and equipment | $268,285,704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $294,559,901 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,104,121 |
| Total assets | $682,170,280 |
| Accounts payable and accrued expenses | $29,838,551 |
| Grants payable | $0 |
| Deferred revenue | $12,055,878 |
| Tax-exempt bond liabilities | $190,081,666 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,834,249 |
| Total liabilities | $260,810,344 |
| Net assets without donor restrictions | $179,929,636 |
| Net assets with donor restrictions | $241,430,300 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $682,170,280 |
Grants Awarded
Over the last fiscal year, Xavier University has awarded $155,972 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Cincinnati, OH PURPOSE: General Support | $41,200 |
Cincinnati, OH PURPOSE: General Support | $30,000 |
Cincinnati, OH PURPOSE: General Support | $23,348 |
Cincinnati, OH PURPOSE: General Support | $20,000 |
Cincinnati, OH PURPOSE: General Support | $14,478 |
Cincinnati, OH PURPOSE: General Support | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 33 grants that Xavier University has recieved totaling $2,400,535.
| Awarding Organization | Amount |
|---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $2,250,000 |
Homan Foundation Norwood, OH PURPOSE: GENERAL SUPPORT | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $21,985 |
Three Arts Scholarship Fund Inc Cincinnati, OH PURPOSE: PROGRAM SUPPORT | $18,000 |
Apgar Foundation Inc Indianapolis, IN PURPOSE: SMOTH SCHOLARS PROGRAM | $15,000 |
Raymond James Charitable Endowment Fund St Petersburg, FL PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT | $13,750 |
Endowment Analysis
| Beg. Balance | $199,275,185 |
| Earnings | -$1,533,238 |
| Net Contributions | $7,422,009 |
| Other Expense | $2,423,870 |
| Grants | $4,127,130 |
| Ending Balance | $198,612,956 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Dayton Dayton, OH | $1,782,604,426 | $747,930,230 |
Villanova University Villanova, PA | $1,878,489,443 | $644,725,997 |
Lehigh University Bethlehem, PA | $2,533,120,795 | $506,773,429 |
Duquesne University Of The Holy Spirit Pittsburgh, PA | $869,263,663 | $434,180,406 |
Bucknell University Lewisburg, PA | $1,432,401,486 | $330,771,712 |
Xavier University Cincinnati, OH | $682,170,280 | $308,233,290 |
Butler University Indianapolis, IN | $771,058,130 | $304,986,997 |
Widener University Chester, PA | $372,673,637 | $243,095,055 |
University Of Scranton Scranton, PA | $664,344,561 | $252,957,405 |
The Lutheran University Association Inc Valparaiso, IN | $578,078,702 | $192,641,554 |
University Of Indianapolis Indianapolis, IN | $265,228,375 | $187,846,389 |
Calvin University Grand Rapids, MI | $488,669,511 | $185,893,983 |