Mount Marty University

Organization Overview

Mount Marty University is located in Yankton, SD. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Mount Marty University employed 542 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mount Marty 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 06/2022, Mount Marty University generated $32.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $30.4m during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE INSTITUTION IS A PRIVATE, CATHOLIC UNIVERSITY OF HIGHER LEARNING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING EDUCATIONAL SERVICES TO APPROXIMATELY 1,235 STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aladdin Food Management Services Llc
Food Service
$970,211
Anthology
Software
$598,805
Welfl Construction Corp
Construction
$189,200
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,005
Related organizations$1,016,000
Government grants $2,683,056
All other contributions, gifts, grants, and similar amounts not included above$2,419,152
Noncash contributions included in lines 1a–1f $48,292
Total Revenue from Contributions, Gifts, Grants & Similar$6,119,213
Total Program Service Revenue$21,783,504
Investment income $29,783
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $64,038
Net Gain/Loss on Asset Sales $1,803,170
Net Income from Fundraising Events $24,434
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,131,306
Miscellaneous Revenue$0
Total Revenue $31,955,448

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Mount Marty University has recieved totaling $51,282.

Awarding OrganizationAmount
$25,000
Nebraska Community Foundation

Lincoln, NE

PURPOSE: FIELDHOUSE PROJECT

$10,000
Eagle Foundation

Chaska, MN

PURPOSE: TUITION REDUCTION

$5,000
Dick Paine Educational Trust

Doland, SD

PURPOSE: SCHOLARSHIP

$4,500
Rolfs Educational Foundation Ltd

Milwaukee, WI

PURPOSE: SCHOLARSHIPS

$3,750
Steinhart Foundation Inc

Nebraska City, NE

PURPOSE: SCHOLARSHIP

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$34,620,689
Earnings-$4,073,471
Admin Expense$115,670
Net Contributions$1,601,113
Grants$1,191,137
Ending Balance$30,841,524

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