American University
- Assets
- $2.1b
- Revenue
- $862.4m
- Investments
- $298.9m
- Employees
- 8,170
- Location
- Washington, DC
- Founding
- 04/1935
- Data as of
- 06/2020
- EIN
- 53-0196549
Organization Overview
American University is located in Washington, DC. The organization was established in 1935. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, American University employed 8,170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American 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 06/2020, American University generated $862.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $794.1m during the year ending 06/2020. While expenses have increased by 4.0% 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.
Since 2015, American University has awarded 220 individual grants totaling $16,223,837. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION: THE UNIVERSITY'S MISSION IS CARRIED OUT BY ALMOST 924 FULL-TIME TEACHING AND RESEARCH FACULTY IN SIX ACADEMIC DIVISIONS OFFERING 80 BACHELOR'S PROGRAMS, 99 MASTER'S PROGRAMS, 24 DOCTORAL PROGRAMS, J.D., S.J.D, M.L.S. AND L.L.M. PROGRAMS. CERTIFICATE PROGRAMS AND AN ASSOCIATE DEGREE PROGRAM ARE OFFERED AS WELL. STUDENT-FACULTY RATIO = 11:1. AVERAGE CLASS SIZE = 21.6 STUDENTS.
SCHOLARSHIPS AND FELLOWSHIPS: AMERICAN UNIVERSITY AWARDS FINANCIAL AID TO STUDENTS BASED ON A COMBINATION OF DEMONSTRATED FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND THE AVAILABILITY OF FUNDS. ONCE A STUDENT IS ADMITTED, THE FINANCIAL AID OFFICE WILL DETERMINE NEED AND DEVELOP A FINANCIAL AID AWARD THAT INCLUDES FUNDS FROM THE PROGRAMS FOR WHICH THE STUDENT QUALIFIES. TO RECEIVE CONSIDERATION FOR FINANCIAL AID, A STUDENT MUST BE A UNITED STATES CITIZEN OR ELIGIBLE NON-CITIZEN IN A DEGREE PROGRAM.
AUXILIARY ENTERPRISES: UNIVERSITY DORMITORIES, CONSISTING OF TEN RESIDENCE HALLS, PROVIDE LIVING QUARTERS FOR ALMOST 788 STUDENTS. ALSO PROVIDED ARE RECREATIONAL FACILITIES, DINING SERVICES, PARKING, AND OTHER SELF-SUPPORTING FACULTY, STAFF, AND STUDENT SERVICES.
ACADEMIC SUPPORT: GRANTS $0EXPENSES $ 65,093,765REVENUE $0STUDENT SERVICES: GRANTS $0EXPENSES $48,540,437REVENUE $0INSTITUTIONAL SUPPORT:GRANTS $0EXPENSES $37,494,370REVENUE $0 RESEARCH & PUBLIC SERVICES: GRANTS $2,318,049EXPENSES $242,102,897REVENUE $53,195,021TOTAL OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sylvia M Burwell President | Officer | 50 | $890,432 |
Daniel J Myers Former Provost & Cao | 0 | $694,538 | |
Douglas Kudravetz Cfo, VP And Treasurer (thru 10/1/21) | Officer | 50 | $511,918 |
John Delaney Dean | 50 | $454,582 | |
Claudio Grossman Professor | 50 | $445,727 | |
Courtney Surls VP Development & Alumni Rel | Officer | 50 | $412,112 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
John Wiley & Sons Inc Online Education | 6/29/21 | $6,552,705 |
2u Inc Online Education | 6/29/21 | $18,120,881 |
Aramark Corporation Cleaning | 6/29/21 | $6,480,460 |
Fulcrum Facilities Services Llc Engineering | 6/29/21 | $10,270,090 |
Whiting Turner Contracting Construction | 6/29/21 | $9,102,736 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,457,008 |
| Investment income | $30,035,212 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $31,403,392 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $862,369,744 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $170,186,583 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,409,743 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,925,087 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,606,613 |
| Pension plan accruals and contributions | $19,916,497 |
| Other employee benefits | $21,749,744 |
| Payroll taxes | $19,648,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $214,188 |
| Fees for services: Accounting | $1,309,301 |
| Fees for services: Lobbying | $118 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,194,554 |
| Fees for services: Other | $108,145,051 |
| Advertising and promotion | $3,481,338 |
| Office expenses | $14,216,819 |
| Information technology | $6,476,225 |
| Royalties | $0 |
| Occupancy | $29,421,873 |
| Travel | $8,218,413 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,006,382 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,407,266 |
| Insurance | $12,149,352 |
| All other expenses | $0 |
| Total functional expenses | $794,127,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,666 |
| Savings and temporary cash investments | $81,690,004 |
| Pledges and grants receivable | $16,093,264 |
| Accounts receivable, net | $39,829,869 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,541 |
| Prepaid expenses and deferred charges | $8,019,072 |
| Investments—publicly traded securities | $683,731,191 |
| Investments—other securities | $298,863,481 |
| Investments—program-related | $7,689,851 |
| Intangible assets | $0 |
| Other assets | $31,963,835 |
| Total assets | $2,059,436,434 |
| Accounts payable and accrued expenses | $73,679,666 |
| Grants payable | $0 |
| Deferred revenue | $28,154,026 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $634,547,559 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,603,461 |
| Total liabilities | $748,984,712 |
| 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 | $1,310,451,722 |
Grants Awarded
Over the last fiscal year, American University has awarded $1,950,539 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
New Haven, CT PURPOSE: SUB-AWARD | $247,640 |
TEXAS TECH UNIVERSITY PURPOSE: SUB-AWARD | $171,238 |
PYTHO LLC PURPOSE: SUB-AWARD | $157,894 |
Wellesley Hills, MA PURPOSE: SUB-AWARD | $142,343 |
Washington, DC PURPOSE: SUB-AWARD | $111,683 |
Washington, DC PURPOSE: SUB-AWARD | $108,614 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that American University has recieved totaling $122,000.
| Awarding Organization | Amount |
|---|---|
Uw Harold S Geneen Charitable Tr Dallas, TX PURPOSE: SUPPORTS MULTIPLE | $105,000 |
M Verna Butterer Educational Trust Fountainville, PA PURPOSE: SCHOLARSHIP PORTIONOF AWARD FOR EDUCATION | $8,000 |
Marthas Vineyard Bank Charitable Foundation Inc Edgartown, MA PURPOSE: EXEMPT PURPOSE | $6,000 |
Dorothy Maes Tr Uw 05-025-2148000 Dallas, TX PURPOSE: SCHOLARSHIP | $2,000 |
Katherine L Peck Trust Uw Fbo Educational Scholarships Dallas, TX PURPOSE: SCHOLARSHIP | $1,000 |
Endowment Analysis
| Beg. Balance | $697,444,000 |
| Earnings | $200,443,000 |
| Admin Expense | $4,426,984 |
| Net Contributions | $4,547,000 |
| Other Expense | $24,411,218 |
| Grants | $3,025,798 |
| Ending Balance | $870,570,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Howard University Washington, DC | $1,667,010,000 | $1,025,632,000 |
American University Washington, DC | $2,059,436,434 | $862,369,744 |
University Of Richmond Richmond, VA | $3,926,462,707 | $713,801,637 |
Catholic University Of America Washington, DC | $943,835,203 | $334,648,312 |
Loyola University Maryland Inc Baltimore, MD | $700,282,931 | $288,447,259 |
Gallaudet University Washington, DC | $475,474,360 | $202,751,628 |
Hampton University Hampton, VA | $893,877,520 | $270,327,094 |
Shenandoah University Winchester, VA | $263,006,503 | $128,402,437 |
Mount Saint Marys University Emmitsburg, MD | $202,133,149 | $126,243,509 |
University Of Lynchburg Lynchburg, VA | $240,911,893 | $116,895,847 |
Mc Daniel College Inc Westminster, MD | $217,534,229 | $113,872,650 |
Marymount University Arlington, VA | $272,414,108 | $118,614,940 |