Stetson University Inc

Organization Overview

Stetson University Inc is located in DeLand, FL. The organization was established in 1943. 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, Stetson University Inc employed 2,487 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stetson University Inc 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, Stetson University Inc generated $288.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $246.6m during the year ending 06/2021. While expenses have increased by 2.6% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION AT STETSON UNIVERSITY IS TO PROVIDE AN EXCELLENT EDUCATION IN A CREATIVE COMMUNITY WHERE LEARNING AND VALUES MEET, AND TO FOSTER IN STUDENTS THE QUALITIES OF MIND AND HEART THAT WILL PREPARE THEM TO REACH THEIR FULL POTENTIAL AS INFORMED CITIZENS OF LOCAL COMMUNITIES AND THE WORLD.

Describe the Organization's Program Activity:

EDUCATIONAL: THE UNIVERSITY PROVIDES HIGH QUALITY EDUCATIONAL SERVICES TO STUDENTS ON THREE DIFFERENT CAMPUSES, SERVING OVER 3,100 UNDERGRADUATE STUDENTS AND APPROXIMATELY 1,300 GRADUATE AND POST-BACCALAUREATE STUDENTS. THE UNIVERSITY IS COMMITTED TO ITS STRONG LIBERAL ARTS HERITAGE, OFFERING OVER 75 MAJOR AND MINOR PROGRAMS IN VARIOUS FIELDS OF STUDY. THE UNIVERSITY OFFERS NUMEROUS GRADUATE DEGREE PROGRAMS, ALONG WITH JURIS DOCTOR, MASTER OF LAWS, AND MASTER OF JURISPRUDENCE DEGREES. THE UNDERGRADUATE STUDENT TO FACULTY RATIO IS 13.1:1; THE DELAND CAMPUS HAS 235 FULL-TIME FACULTY MEMBERS, 91 PERCENT OF WHO HOLD A PH.D. OR EQUIVALENT DEGREES. THE COLLEGE OF LAW CAMPUS HAS 43 FULL-TIME PROFESSORS AND IS SUPPLEMENTED BY OVER 50 EXPERIENCED PRACTITIONERS IN SPECIALIZED AREAS. GRANTS AND SCHOLARSHIPS WERE PROVIDED TO STUDENTS BASED ON TALENT, ACADEMIC, AND ATHLETIC ACHIEVEMENT AND FINANCIAL NEED.


AUXILIARY ENTERPRISES: THE UNIVERSITY AUXILIARY ENTERPRISES ARE FOR THE CONVENIENCE AND BENEFIT OF ITS STUDENTS, FACULTY, AND STAFF. THESE SERVICES INCLUDE A WIDE VARIETY OF STUDENTS HOUSING OPTIONS, INCLUDING DORMITORIES AND APARTMENT-STYLE ACCOMMODATIONS. IN ADDITION, THE UNIVERSITY OFFERS FULL ARRAY OF DINING SERVICES, STUDENT CONVENIENCE STORE, AND CAMPUS BOOKSTORE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chartwells
Food Service
$3,521,580
Campbell Associates Construction Inc
Construction
$1,463,886
Bomar Construction Inc
Construction
$851,063
Vivid Energies Corp
Construction
$619,115
Eab Global Inc
Educational Services
$1,045,257
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$14,212
Related organizations$0
Government grants $7,322,850
All other contributions, gifts, grants, and similar amounts not included above$12,564,504
Noncash contributions included in lines 1a–1f $530,177
Total Revenue from Contributions, Gifts, Grants & Similar$19,901,566
Total Program Service Revenue$216,390,139
Investment income $10,766,337
Tax Exempt Bond Proceeds $0
Royalties $7,587
Net Rental Income $113,099
Net Gain/Loss on Asset Sales $39,999,857
Net Income from Fundraising Events $4,707
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $288,494,091

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Stetson University Inc has recieved totaling $6,000.

Awarding OrganizationAmount
Manne Family Foundation Inc

Weston, FL

PURPOSE: GENERAL SUPPORT

$2,500
Sa Ming Foundation

Wilmington, DE

PURPOSE: GILLESPIE MUSEUM

$2,500
Colleen And Sam Nunn Family Foundation

Atlanta, GA

PURPOSE: CHARITABLE

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$308,450,010
Earnings$95,554,523
Admin Expense$1,516,458
Net Contributions$6,409,379
Other Expense$10,307,948
Grants$6,299,005
Ending Balance$392,290,501

Peer Organizations

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$587,003,201
The Corporation Of Mercer University
Macon, GA
$444,048,225
University Of Tampa
Tampa, FL
$426,783,303
Stetson University Inc
DeLand, FL
$288,494,091
Samford University
Birmingham, AL
$280,325,292
Barry University Inc
Miami Shores, FL
$207,474,088
Saint Leo University Inc
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$167,609,731
Florida Institute Of Technology Inc
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$191,425,099
Jacksonville University
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$172,045,418

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