Dillard University
- Assets
- $290.5m
- Revenue
- $59.1m
- Investments
- $8.0m
- Employees
- 677
- Location
- New Orleans, LA
- Founding
- 03/1971
- Data as of
- 06/2021
- EIN
- 72-0408929
Organization Overview
Dillard University is located in New Orleans, LA. The organization was established in 1971. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Dillard University employed 677 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dillard 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, Dillard University generated $59.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $40.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DILLARD UNIVERSITY'S MISSION IS TO PRODUCE GRADUATES WHO EXCEL AND BECOME WORLD LEADERS AND ARE BROADLY EDUCATED, CULTURALLY AWARE AND CONCERNED WITH IMPROVING THE HUMAN CONDITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUR YEAR POST SECONDARY INSTITUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Kimbrough President | OfficerTrustee | 40 | $306,583 |
Ralph Johnson Professor | Officer | 40 | $190,840 |
Adballah Darwish Professor | Officer | 40 | $181,050 |
Yolanda Page Professor | Officer | 40 | $176,548 |
Marc Barnes Professor | Officer | 40 | $163,430 |
Ronald Burns Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vgp Construction Construction | 6/29/20 | $149,256 |
One Touch Enterprises Construction | 6/29/20 | $350,960 |
The Hanover Research Council Professional Se | 6/29/20 | $103,463 |
Vgp Construction Construction | 6/29/20 | $149,256 |
One Touch Enterprises Construction | 6/29/20 | $350,960 |
The Hanover Research Council Professional Se | 6/29/20 | $103,463 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,171,574 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,905,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,077,258 |
| Total Program Service Revenue | $16,119,274 |
| Investment income | $19,651,672 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $59,120,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,459,514 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,585,249 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,904,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $197,977 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,293 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,763,804 |
| Insurance | $0 |
| All other expenses | $838,232 |
| Total functional expenses | $40,491,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,730,606 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,671,348 |
| Accounts receivable, net | $644,986 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,152,623 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $247,884 |
| Net Land, buildings, and equipment | $163,032,904 |
| Investments—publicly traded securities | $100,587,930 |
| Investments—other securities | $8,028,586 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,379,742 |
| Total assets | $290,476,609 |
| Accounts payable and accrued expenses | $3,485,305 |
| Grants payable | $0 |
| Deferred revenue | $1,377,658 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $2,202,693 |
| Other liabilities | $0 |
| Total liabilities | $7,065,656 |
| Net assets without donor restrictions | $283,410,953 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $290,476,609 |
Grants Awarded
Over the last fiscal year, Dillard University has awarded $113,879 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS SOUTHERN UNIVERSITY PURPOSE: RESEARCH | $98,371 |
Savannah, GA PURPOSE: RESEARCH | $15,508 |
Grants Recieved
Over the last fiscal year, we have identified 35 grants that Dillard University has recieved totaling $3,943,966.
| Awarding Organization | Amount |
|---|---|
United Negro College Fund Inc Washington, DC PURPOSE: GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN | $1,594,402 |
The Ray Charles Foundation Los Angeles, CA PURPOSE: EDUCATION | $1,000,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $284,975 |
The Dillard Foundation Palm Beach, FL PURPOSE: UNRESTRICTED | $250,000 |
Sherman Fairchild Foundation Inc Chevy Chase, MD PURPOSE: SUMMER STIPEND PROGRAM | $165,000 |
Hank Aaron Chasing The Dream Foundation Inc Atlanta, GA PURPOSE: FINANCIAL ASSISTANCE | $104,000 |
Endowment Analysis
| Beg. Balance | $92,023,573 |
| Earnings | $19,651,673 |
| Net Contributions | $1,325,815 |
| Grants | -$4,113,413 |
| Ending Balance | $108,887,648 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi College Clinton, MS | $268,873,931 | $113,425,007 |
Southwestern University Georgetown, TX | $545,443,629 | $120,545,319 |
University Of Dallas Irving, TX | $199,857,473 | $113,303,897 |
Hendrix College Conway, AR | $318,329,586 | $98,419,951 |
Ouachita Baptist University Arkadelphia, AR | $209,281,744 | $71,056,315 |
Wayland Baptist University Plainview, TX | $171,784,780 | $76,328,072 |
John Brown University Siloam Springs, AR | $239,506,733 | $75,339,651 |
Texas Lutheran University Seguin, TX | $175,887,975 | $71,493,316 |
Belhaven University Jackson, MS | $91,182,185 | $83,473,318 |
Schreiner University Kerrville, TX | $168,371,925 | $56,783,840 |
Millsaps College Jackson, MS | $178,487,613 | $50,786,555 |
Lubbock Christian University Lubbock, TX | $106,659,922 | $54,957,813 |