Butler University is located in Indianapolis, IN. The organization was established in 1938. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2021, Butler University employed 3,124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 05/2021, Butler University generated $305.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $267.5m during the year ending 05/2021. While expenses have increased by 3.0% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE HIGHEST QUALITY LIBERAL AND PROFESSIONAL EDUCATION AND TO INTEGRATE THE TWO BY CREATING A STIMULATING INTELLECTUAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: BUTLER UNIVERSITY DELIVERS AN OUTSTANDING EDUCATION STEEPED IN THE LIBERAL ARTS AND COUPLED WITH EXPERIENTIAL LEARNING OPPORTUNITES THAT INCLUDE INTERNSHIPS, STUDY ABROAD, SERVICE PROJECTS, AND SCHOLARLY RESEARCH. THROUGH THIS COMPREHENSIVE APPROACH, WE PREPARE STUDENTS TO STEP DIRECTLY INTO A CAREER OR GRADUATE SCHOOL WITH CONFIDENCE. THE UNIVERSITY'S MOST RECENT PLACEMENT RATE WAS 97 PERCENT, INCLUDING 25 PERCENT WHO WENT ON TO ATTEND GRADUATE SCHOOL. IN ITS RANKINGS FOR 2022, U.S. NEWS AND WORLD REPORT NAMED BUTLER THE NO. 1 SCHOOL AMONG MIDWEST REGIONAL UNIVERSITIES FOR THE FOURTH CONSECUTIVE YEAR AND THE MOST INNOVATIVE SCHOOL IN THE MIDWEST FOR THE SEVENTH CONSECUTIVE YEAR. THE UNIVERSITY ALSO WAS LISTED AMONG THE BEST FOR UNDERGRADUATE TEACHING, FIRST-YEAR EXPERIENCES, AND STUDY ABROAD OPPORTUNITIES. AUXILIARY: CLOWES MEMORIAL HALL BUTLER UNIVERSITY'S 2,200-SEAT CLOWES MEMORIAL HALL OPENED TO THE PUBLIC ON OCT. 18, 1963. THIS PROFESSIONAL PERFORMING ARTS FACILITY IS HOME TO BUTLER ARTS PRESENTS - AN ANNUAL SERIES OF MUSIC, THEATRE, AND DANCE PERFORMANCES - AND A K-12 EDUCATION PROGRAM. CLOWES IS ALSO THE HOME OF RESIDENT COMPANIES SUCH AS THE BUTLER BALLET. OTHER GREAT ORGANIZATIONS SUCH AS BROADWAY IN INDIANAPOLIS, MUSIC FOR ALL(BANDS OF AMERICA), AND BUTLER'S CELEBRATION OF DIVERSITY DISTINGUISHED LECTURE SERIES ALSO USE THE VENUE. HEALTH AND RECREATION COMPLEX: A HEALTH AND RECREATION COMPLEX THAT IS EQUIPPED WITH RECREATION COURTS, AN INDOOR JOGGING TRACK, AN AQUATICS AREA, A WEIGHT AND FITNESS SPACE, AND LOUNGE OPENED IN FALL 2006. STUDENTS ENROLLED IN AT LEAST 12 CREDIT HOURS ARE AUTOMATIC MEMBERS. MEMBERSHIP IS ALSO AVAILABLE TO UNIVERSITY FACULTY, STAFF, ALUMNI, AND A LIMITED NUMBER OF COMMUNITY MEMBERS ATHLETICS: BUTLER UNIVERSITY PARTICIPATES IN INTERCOLLEGIATE ATHLETICS AT THE NCAA DIVISION I LEVEL. NINETEEN OF BUTLER'S 20 TEAMS COMPETE IN THE BIG EAST, WHILE THE FOOTBALL PROGRAM IS A MEMBER OF THE PIONEER FOOTBALL LEAGUE. THE BULLDOGS HAVE A LONG HISTORY OF ATHLETIC SUCCESS, INCLUDING BACK-TO-BACK TRIPS TO THE NCAA DIVISION I MEN'S BASKETBALL NATIONAL CHAMPIONSHIP GAME IN 2010 AND 2011, AND THE UNIVERSITY IS HOME TO ONE OF THE NATION'S GREAT INTERCOLLEGIATE BASKETBALL FACILITIES, HINKLE FIELDHOUSE. FOR MORE INFORMATION ABOUT BUTLER ATHLETICS, VISIT WWW.BUTLERSPORTS.COM. ROOM AND BOARD: BUTLER STUDENTS CAN CHOOSE FROM A NUMBER OF HOUSING OPTIONS, INCLUDING A RESIDENTIAL APARTMENT VILLAGE FOR JUNIORS AND SENIORS, AN APARTMENT-STYLE RESIDENCE HALL, TWO COEDUCATIONAL RESIDENCE HALLS WITH OPTIONAL FRESHMAN LIVING-LEARNING CENTERS, AND 14 FRATERNITIES AND SORORITIES. A 660-BED MODERN, SUITE-STYLE HOUSING FACILITY - PREDOMINATELY FOR SOPHOMORES - OPENED IN FALL 2016, AND A 647-BED, SUITE-STYLE RESIDENCE HALL FOR FIRST-YEAR STUDENTS OPENED IN FALL 2018. ALL BUTLER UNDERGRADUATES ARE REQUIRED TO LIVE ON CAMPUS THROUGH JUNIOR YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lavall Jordan Head Coach, Men's Basketball | 50 | $1,640,009 | |
James Danko President | Officer | 50 | $679,899 |
Barry Collier VP And Athletics Director | 50 | $365,121 | |
Bruce Arick Vp-Finance & Admin/asst Treas. | Officer | 50 | $273,402 |
Kurt Godlevske Head Coach, Women's Basketball | 50 | $261,558 | |
Claire Aigotti General Counsel/asst Secretary | Officer | 50 | $258,783 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pepper Construction Construction | 5/30/21 | $31,948,619 |
Bon Appetit Management Company Board/catering | 5/30/21 | $10,025,909 |
American Campus Communities Student Housing | 5/30/21 | $8,412,906 |
Us Bank Corporate Payment System Card Servicer | 5/30/21 | $3,289,952 |
Iupui Eddp Program/tuition | 5/30/21 | $1,403,567 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $39,200 |
Related organizations | $0 |
Government grants | $7,092,571 |
All other contributions, gifts, grants, and similar amounts not included above | $27,962,429 |
Noncash contributions included in lines 1a–1f | $1,973,397 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,094,200 |
Total Program Service Revenue | $249,596,025 |
Investment income | $10,927,474 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $176,037 |
Net Gain/Loss on Asset Sales | $9,176,021 |
Net Income from Fundraising Events | $17,240 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $304,986,997 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $84,673,671 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,361,152 |
Compensation of current officers, directors, key employees. | $1,003,776 |
Compensation to disqualified persons | $60,045 |
Other salaries and wages | $80,952,356 |
Pension plan accruals and contributions | $6,648,211 |
Other employee benefits | $14,756,210 |
Payroll taxes | $5,694,171 |
Fees for services: Management | $0 |
Fees for services: Legal | $311,729 |
Fees for services: Accounting | $205,094 |
Fees for services: Lobbying | $30,100 |
Fees for services: Fundraising | $30,000 |
Fees for services: Investment Management | $1,265,394 |
Fees for services: Other | $19,591,841 |
Advertising and promotion | $1,107,213 |
Office expenses | $7,202,124 |
Information technology | $770,400 |
Royalties | $0 |
Occupancy | $6,688,410 |
Travel | $2,881,787 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $87,438 |
Interest | $4,045,653 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,566,661 |
Insurance | $1,819,141 |
All other expenses | $0 |
Total functional expenses | $267,471,001 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $28,946,420 |
Pledges and grants receivable | $12,847,310 |
Accounts receivable, net | $4,344,119 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $20,110,421 |
Inventories for sale or use | $510,190 |
Prepaid expenses and deferred charges | $1,342,720 |
Net Land, buildings, and equipment | $271,645,985 |
Investments—publicly traded securities | $377,151,454 |
Investments—other securities | $22,621,192 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $31,538,319 |
Total assets | $771,058,130 |
Accounts payable and accrued expenses | $30,325,828 |
Grants payable | $0 |
Deferred revenue | $18,525,502 |
Tax-exempt bond liabilities | $183,210,381 |
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 | $8,572,177 |
Total liabilities | $240,633,888 |
Net assets without donor restrictions | $241,324,289 |
Net assets with donor restrictions | $289,099,953 |
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 | $771,058,130 |
Over the last fiscal year, we have identified 40 grants that Butler University has recieved totaling $2,764,453.
Awarding Organization | Amount |
---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: CHARTING THE FUTURE INITIATIVE | $2,499,138 |
Sterrett Family Foundation Inc Indianapolis, IN PURPOSE: GENERAL ASSISTANCE | $64,784 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $28,400 |
Cooke Family Foundation Inc Fishers, IN PURPOSE: EDUCATIONAL | $25,200 |
Forest Fund Inc Indianapolis, IN PURPOSE: OPERATIONS | $25,000 |
Aletto Family Foundation Inc Carmel, IN PURPOSE: GENERAL FUND | $25,000 |
Beg. Balance | $216,806,870 |
Earnings | $74,518,795 |
Admin Expense | $9,064 |
Net Contributions | $2,795,743 |
Other Expense | $5,151,715 |
Grants | $3,403,899 |
Ending Balance | $285,556,730 |
Organization Name | Assets | Revenue |
---|---|---|
Loyola University Of Chicago Chicago, IL | $2,261,152,459 | $863,455,479 |
Depaul University Chicago, IL | $1,757,707,866 | $903,291,560 |
Marquette University Milwaukee, WI | $1,675,810,000 | $679,500,550 |
Illinois Institute Of Technology Chicago, IL | $667,676,047 | $410,466,852 |
Butler University Indianapolis, IN | $771,058,130 | $304,986,997 |
Bradley University Peoria, IL | $712,945,458 | $238,646,085 |
The Lutheran University Association Inc Valparaiso, IN | $578,078,702 | $192,641,554 |
University Of Indianapolis Indianapolis, IN | $265,228,375 | $187,846,389 |
Webster University St Louis, MO | $393,134,797 | $161,315,329 |
Lindenwood College St Charles, MO | $442,236,277 | $153,756,093 |
Maryville University Of St Louis St Louis, MO | $276,968,423 | $159,674,655 |
Roosevelt University Chicago, IL | $451,950,632 | $144,317,728 |