University Of St Thomas
- Assets
- $1.3b
- Revenue
- $450.8m
- Investments
- $235.2m
- Employees
- 5,957
- Location
- St Paul, MN
- Founding
- 03/1942
- Data as of
- 06/2020
- EIN
- 41-0693970
Organization Overview
University Of St Thomas is located in St Paul, MN. The organization was established in 1942. 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, University Of St Thomas employed 5,957 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, University Of St Thomas generated $450.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $410.1m during the year ending 06/2020. While expenses have increased by 1.9% 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, University Of St Thomas has awarded 39 individual grants totaling $1,706,193. 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
INSPIRED BY CATHOLIC INTELLECTUAL TRADITION, THE UNIVERSITY OF ST. THOMAS EDUCATES STUDENTS TO BE MORALLY RESPONSIBLE LEADERS WHO THINK CRITICALLY, ACT WISELY, AND WORK SKILLFULLY TO ADVANCE THE COMMON GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION & RESEARCH: DURING THE YEAR, 9,871 STUDENTS WERE ENROLLED AT THE UNIVERSITY OF ST. THOMAS PURSUING ASSOCIATE, UNDERGRADUATE, GRADUATE, DOCTORAL AND LAW DEGREES
STUDENT SERVICES: SERVICES PROVIDED TO STUDENTS INCLUDING ENROLLMENT SERVICES, DEAN OF STUDENTS, REGISTRAR, ATHLETICS, CAREER DEVELOPMENT, PERSONAL COUNSELING, INTERNATIONAL STUDENTS SERVICES, STUDENT CLUBS AND ORGANIZATIONS, AND STUDENT HEALTH SERVICES.
OTHER PROGRAM SERVICES: ACADEMIC SUPPORT PROVIDED TO THE UNIVERSITY COMMUNITY INCLUDING LIBRARY FACILITIES, ACADEMIC ADVISING, AND THE FACULTY DEVELOPMENT CENTER. THE UNIVERSITY PROVIDES PUBLIC SERVICES INCLUDING THE SENIOR CITIZEN CENTER, LOAVES AND FISHES, SERVICE LEARNING, AND VISION TRIPS. THE UNIVERSITY ALSO PROVIDES OTHER PROGRAMS TO FURTHER THEIR EDUCATIONAL PURPOSES.
AUXILIARY SERVICES: PROVIDED SERVICES TO THE UNIVERSITY COMMUNITY, INCLUDING FOOD SERVICES, HOUSING, BOOKSTORES AND CONFERENCE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Opus Holding Llc Construction Services | 6/29/20 | $51,602,362 |
Ryan Companies Construction Services | 6/29/20 | $28,845,297 |
California First National Bank Leasing Services | 6/29/20 | $2,018,482 |
Us Leasing And Equipment Finance Leasing Services | 6/29/20 | $1,182,827 |
Ellucian Company Llp Cloud Hosting Computer Services | 6/29/20 | $1,092,414 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,625 |
| Related organizations | $0 |
| Government grants | $7,542,919 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,824,036 |
| Noncash contributions included in lines 1a–1f | $1,713,703 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,384,580 |
| Total Program Service Revenue | $351,614,556 |
| Investment income | $6,631,867 |
| Tax Exempt Bond Proceeds | $2,657 |
| Royalties | $165,104 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,616,372 |
| Net Income from Fundraising Events | -$33,606 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,882,885 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $450,761,247 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,596 |
| Grants and other assistance to domestic individuals. | $149,361,639 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,884,104 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,747,175 |
| Compensation of current officers, directors, key employees. | $3,101,525 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,597,199 |
| Pension plan accruals and contributions | $9,148,851 |
| Other employee benefits | $24,207,035 |
| Payroll taxes | $9,688,863 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130,535 |
| Fees for services: Accounting | $229,627 |
| Fees for services: Lobbying | $5,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,865,085 |
| Fees for services: Other | $5,633,451 |
| Advertising and promotion | $2,566,468 |
| Office expenses | $3,029,341 |
| Information technology | $6,469,574 |
| Royalties | $0 |
| Occupancy | $9,603,779 |
| Travel | $5,351,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $483,756 |
| Interest | $6,848,565 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,141,217 |
| Insurance | $1,662,630 |
| All other expenses | $3,564,795 |
| Total functional expenses | $410,087,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,440,706 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $119,348,707 |
| Accounts receivable, net | $7,755,061 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,535,774 |
| Inventories for sale or use | $1,247,971 |
| Prepaid expenses and deferred charges | $2,814,254 |
| Net Land, buildings, and equipment | $387,775,461 |
| Investments—publicly traded securities | $457,115,294 |
| Investments—other securities | $235,205,228 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $104,325,646 |
| Total assets | $1,331,564,102 |
| Accounts payable and accrued expenses | $39,585,767 |
| Grants payable | $0 |
| Deferred revenue | $7,787,834 |
| Tax-exempt bond liabilities | $238,255,215 |
| Escrow or custodial account liability | $986,037 |
| 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 | $49,428,952 |
| Total liabilities | $336,043,805 |
| Net assets without donor restrictions | $451,273,969 |
| Net assets with donor restrictions | $544,246,328 |
| 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 | $1,331,564,102 |
Grants Awarded
Over the last fiscal year, University Of St Thomas has awarded $36,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: GENERAL SUPPORT | $16,000 |
St Paul, MN PURPOSE: GENERAL SUPPORT | $10,250 |
St Paul, MN PURPOSE: GENERAL SUPPORT | $10,250 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that University Of St Thomas has recieved totaling $2,504,070.
| Awarding Organization | Amount |
|---|---|
Alfred A Iversen And Family Foundation Crystal Bay, MN PURPOSE: PROGRAM SUPPORT | $1,100,000 |
Alfred A Iversen And Family Foundation Crystal Bay, MN PURPOSE: PROGRAM SUPPORT | $1,100,000 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE PURPOSES | $123,245 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $45,595 |
Wiggins Foundation Inc Wilmington, DE PURPOSE: ANTHONY AND ROSEMARY WIGGINS SCHOLARSHIP FUND | $20,000 |
Wiggins Foundation Inc Wilmington, DE PURPOSE: ANTHONY AND ROSEMARY WIGGINS SCHOLARSHIP FUND | $20,000 |
Endowment Analysis
| Beg. Balance | $540,611,135 |
| Earnings | -$9,655,817 |
| Net Contributions | $37,539,844 |
| Other Expense | $11,893,300 |
| Grants | $5,670,705 |
| Ending Balance | $550,931,157 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marquette University Milwaukee, WI | $1,675,810,000 | $679,500,550 |
University Of St Thomas St Paul, MN | $1,331,564,102 | $450,761,247 |
Drake University Des Moines, IA | $506,477,281 | $222,285,025 |
Carthage College Kenosha, WI | $324,316,773 | $147,961,776 |
St Catherine University St Paul, MN | $311,571,268 | $144,068,483 |
Trustees Of The Hamline University Of Minnesota St Paul, MN | $223,229,133 | $123,468,200 |
Saint Johns University Collegeville, MN | $424,591,848 | $117,650,669 |
St Ambrose University Davenport, IA | $330,550,712 | $111,513,726 |
St Marys University Of Minnesota Winona, MN | $206,783,049 | $109,150,875 |
University Of Dubuque Dubuque, IA | $324,347,038 | $93,440,105 |
University Of Mary Bismarck, ND | $188,008,414 | $79,618,446 |
Concordia University St Paul St Paul, MN | $151,530,496 | $84,023,708 |