Marymount University

Organization Overview

Marymount University is located in Arlington, VA. The organization was established in 1961. 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, Marymount University employed 1,310 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marymount 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 06/2021, Marymount University generated $118.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $113.6m during the year ending 06/2021. While expenses have increased by 1.6% 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOUNDED IN 1950, MARYMOUNT UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE CATHOLIC UNIVERSITY OFFERING A FULL RANGE OF GRADUATE AND UNDERGRADUATE COURSES AND DEGREE PROGRAMS FOR STUDENTS OF ALL AGES THROUGH ITS MAIN CAMPUS, ITS BALLSTON CAMPUS, THE RESTON CENTER, AND THROUGH OUTREACH ACTIVITIES IN VIRGINIA.

Describe the Organization's Program Activity:

INSTRUCTIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE AND UNDERGRADUATE DEGREE PROGRAMS TO APPROXIMATELY 3,294 STUDENTS. EXPENSES INCLUDE SALARIES AND BENEFITS FOR 144 FULL-TIME FACULTY.


SCHOLARSHIP ALLOWANCES - PROVIDE OPPORTUNITIES FOR THOSE WHO WOULD NOT BE ABLE TO COMPLETE THEIR COLLEGE EDUCATION WITHOUT FINANCIAL ASSISTANCE.


AUXILIARY SERVICES - PROVIDES HOUSING, FOOD AND HEALTH SERVICES TO APPROXIMATELY 799 RESIDENTIAL STUDENTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Collaborative Solutions Llc
Enterprise Cloud Consulting
$911,335
Medstar Sport Medicine
Sport Physician Services
$446,667
Atlantic Transportation
Shuttle Bus Services
$544,595
Oculusit Llc
It Consultant
$250,220
Spark451 Inc
Student Search Services
$430,318
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,302,161
Investment income $947,224
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,765,517
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $118,614,940

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Marymount University has recieved totaling $954,569.

Awarding OrganizationAmount
Henry Luce Foundation Inc

New York, NY

PURPOSE: MARYMOUNT UNIVERSITY CBL STEM PROGRAM ESCROW ACCOUNT - 2021

$414,750
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For nursing and allied health scholarships.

$349,100
Virginia Morris Kincaid Foundation Inc

Baltimore, MD

PURPOSE: PROGRAM SUPPORT

$45,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$25,218
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$20,000
The Cornelius J And Ellen P Coakley Family Foundation Inc

Fairfax, VA

PURPOSE: TO FURTHER THE CHARITABLE PURPOSES

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$47,701,014
Earnings$12,456,883
Net Contributions$355,870
Other Expense-$2,898
Grants$2,090,352
Ending Balance$58,426,313

Peer Organizations

Organization NameAssets
Howard University
Washington, DC
$1,025,632,000
American University
Washington, DC
$862,369,744
Wake Forest University
Winstonsalem, NC
$681,736,258
University Of Richmond
Richmond, VA
$713,801,637
Belmont University
Nashville, TN
$464,356,154
Catholic University Of America
Washington, DC
$334,648,312
Elon University
Elon, NC
$374,224,853
Loyola University Maryland Inc
Baltimore, MD
$288,447,259
Campbell University Inc
Buies Creek, NC
$263,777,466
Lipscomb University
Nashville, TN
$216,257,194
Gallaudet University
Washington, DC
$202,751,628
Hampton University
Hampton, VA
$270,327,094

Create an account to unlock the data you need.

or