Webster University
- Assets
- $422.3m
- Revenue
- $155.9m
- Investments
- $16.2m
- Employees
- 2,469
- Location
- St Louis, MO
- Founding
- 05/1970
- Data as of
- 05/2021
- EIN
- 43-0662529
Organization Overview
Webster University is located in St Louis, MO. The organization was established in 1970. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2023, Webster University employed 2,469 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Webster University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2021, Webster University generated $155.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $171.8m during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Webster University has awarded 90 individual grants totaling $1,002,771. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WEBSTER UNIVERSITY, A WORLDWIDE INSTITUTION, ENSURES HIGH QUALITY LEARNING EXPERIENCES THAT TRANSFORM STUDENTS FOR GLOBAL CITIZENSHIP AND INDIVIDUAL EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Stroble Chancellor | OfficerTrustee | 38 | $804,396 |
Julian Schuster President | OfficerTrustee | 38 | $659,237 |
Nancy Hellerud Vice Pres Of Academic Affairs | Officer | 38 | $210,354 |
Paul Steger Dean School Fine Arts | 38 | $177,717 | |
Simone Cummings Dean School Business/tech | 38 | $192,789 | |
Eric Rothenbuhler Dean Communications | 38 | $180,054 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ruffalo Noel Levitz Llc Enrollment Managemen | 5/30/23 | $4,704,183 |
Don C Musick Construction Co Construction | 5/30/23 | $4,517,778 |
World Wide Technology Holding Co Technology | 5/30/23 | $2,018,564 |
4m Building Solutions Llc Janitorial Services | 5/30/23 | $1,699,654 |
Sodexo Inc And Affiliates Food Services | 5/30/23 | $1,959,336 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,951,437 |
| Investment income | $6,138,137 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,204,370 |
| Net Gain/Loss on Asset Sales | $11,192,656 |
| Net Income from Fundraising Events | -$22,350 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $155,919,681 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $35,247,958 |
| Grants and other assistance to Foreign Orgs/Individuals | $33,206 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,971,906 |
| Compensation to disqualified persons | $14,001 |
| Other salaries and wages | $64,603,538 |
| Pension plan accruals and contributions | $2,342,665 |
| Other employee benefits | $8,871,477 |
| Payroll taxes | $4,606,425 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $894,565 |
| Fees for services: Accounting | $143,270 |
| Fees for services: Lobbying | $76,587 |
| Fees for services: Fundraising | $26,169 |
| Fees for services: Investment Management | $1,561,923 |
| Fees for services: Other | $5,432,684 |
| Advertising and promotion | $1,957,059 |
| Office expenses | $6,053,559 |
| Information technology | $6,423,202 |
| Royalties | $0 |
| Occupancy | $9,767,846 |
| Travel | $242,533 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $379,349 |
| Interest | $3,133,864 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,024,699 |
| Insurance | $2,120,602 |
| All other expenses | $0 |
| Total functional expenses | $171,843,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,532,087 |
| Savings and temporary cash investments | $5,700,283 |
| Pledges and grants receivable | $3,275,598 |
| Accounts receivable, net | $17,708,442 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $14,888,372 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,885,804 |
| Investments—publicly traded securities | $152,327,791 |
| Investments—other securities | $16,153,117 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,793,313 |
| Total assets | $422,328,120 |
| Accounts payable and accrued expenses | $15,076,778 |
| Grants payable | $1,510,729 |
| Deferred revenue | $11,002,440 |
| Tax-exempt bond liabilities | $69,381,777 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $30,835,124 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,182,921 |
| Total liabilities | $143,989,769 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $278,338,351 |
Grants Awarded
Over the last fiscal year, Webster University has awarded $25,535 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
URBAN LEAGUE OF METRO ST LOUIS INC PURPOSE: GENERAL SUPPORT | $10,000 |
ST LOUIS AMERICAN FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
WEBSTER GROVES CHAMBER OF COMMERCE PURPOSE: GENERAL SUPPORT | $5,535 |