Baylor University is located in Waco, TX. The organization was established in 1991. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2020, Baylor University employed 10,668 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 05/2020, Baylor University generated $1.3b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.1b during the year ending 05/2020. While expenses have increased by 4.5% per year over the past 5 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, Baylor University has awarded 264 individual grants totaling $18,064,554. 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
THE MISSION OF BAYLOR UNIVERSITY IS TO EDUCATE MEN AND WOMEN FOR WORLDWIDE LEADERSHIP AND SERVICE BY INTEGRATING ACADEMIC EXCELLENCE AND CHRISTIAN COMMITMENT WITHIN A CARING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAYLOR UNIVERSITY STANDS AS ONE OF THE PREMIER INSTITUTIONS OF HIGHER EDUCATION IN THE WORLD. CHARTERED IN 1845 BY THE REPUBLIC OF TEXAS AND AFFILIATED WITH THE BAPTIST GENERAL CONVENTION OF TEXAS, THE UNIVERSITY IS THE OLDEST CONTINUOUSLY OPERATING INSTITUTION OF HIGHER LEARNING IN THE STATE OF TEXAS. AS PART OF FULFILLING BAYLOR'S MISSION OF INSTRUCTING AND EDUCATING MEN AND WOMEN FOR WORLDWIDE LEADERSHIP AND SERVICE, BAYLOR PURSUES INITIATIVES SUCH AS LOWER STUDENT-FACULTY RATIO (13:1), SMALLER CLASS SIZE (AVERAGE CLASS SIZE IS 26), RESEARCH OPPORTUNITIES FOR UNDERGRADUATES, AND GREAT FACILITIES FOR LEARNING AND LIVING. BAYLOR'S MORE THAN 17,000 STUDENTS TYPICALLY COME FROM ALL 50 STATES, THE DISTRICT OF COLUMBIA, AND APPROXIMATELY 90 COUNTRIES AROUND THE WORLD. THE UNIVERSITY OFFERS 127 BACCALAUREATE, 78 MASTER'S, 46 DOCTORAL, NUMEROUS ONLINE GRADUATE PROFESSIONAL PROGRAMS, THE EDUCATION SPECIALIST AND THE JURIS DOCTOR DEGREE PROGRAMS THROUGH 12 ACADEMIC UNITS. THE UNIVERSITY ALSO EQUIPS STUDENTS WITH BOTH KNOWLEDGE AND EXPERIENCE TO PURSUE GOD'S CALL TO MINISTRY BY OFFERING 3 MASTER DEGREES AND 2 DOCTORATE DEGREES THROUGH TRUETT SEMINARY. ADDITIONALLY, THE UNIVERSITY CONDUCTS GRADUATE PROGRAMS WITH THE U.S. ARMY AT SEVERAL U.S. ARMY LOCATIONS ACROSS THE UNITED STATES. STUDENTS FIND THE BEST OF A LARGE UNIVERSITY THROUGH EXCEPTIONAL BREADTH AND DEPTH OF PROGRAMS ALONG WITH EXTRAORDINARY PERSONAL ATTENTION FOR THE INDIVIDUAL STUDENT. BAYLOR STUDENTS GARNER COMPETITIVE SCHOLARSHIPS SUCH AS FULBRIGHT, TRUMAN, GOLDWATER, ROTARY, CRITICAL LANGUAGE, AND NATIONAL SCIENCE FOUNDATION GRADUATE FELLOWSHIPS. MORE THAN 90% OF BAYLOR UNDERGRADUATE STUDENTS RECEIVE FINANCIAL ASSISTANCE. NAMED BY THE CHRONICLE OF HIGHER EDUCATION AS A "GREAT COLLEGE TO WORK FOR" FOR THE PAST EIGHT YEARS, BAYLOR CONSISTENTLY RANKS IN THE TOP 100 NATIONAL DOCTORAL GRANTING UNIVERSITIES BY U.S. NEWS & WORLD REPORT, AS A "BEST BUY" BY THE FISKE GUIDE TO COLLEGES, AND A "BEST VALUE" BY KIPLINGER'S PERSONAL FINANCE.
BAYLOR UNIVERSITY'S STUDENT SERVICES AND ACTIVITIES CONTRIBUTE TO STUDENTS' SPIRITUAL, SOCIAL AND PHYSICAL WELL-BEING. STUDENT SERVICES AND ACTIVITIES INCLUDE AREAS SUCH AS CAREER GUIDANCE, JOB PLACEMENT UPON GRADUATION, ENROLLMENT MANAGEMENT, STUDENT FINANCIAL AID, STUDENT ACTIVITIES, STUDENT ORGANIZATIONS, INTRAMURALS, HEALTH CENTER, BEAUCHAMP ADDICTION RECOVERY CENTER, AND INTERCOLLEGIATE ATHLETICS.
BAYLOR UNIVERSITY PROVIDES ACADEMIC SUPPORT SERVICES FOR THE PRIMARY MISSIONS OF INSTRUCTION, AS WELL AS RESEARCH AND PUBLIC SERVICE ACTIVITIES. ACADEMIC SUPPORT SERVICES INCLUDE AREAS SUCH AS LIBRARIES, TECHNOLOGY SUPPORT, MUSEUMS AND SERVICES THAT DIRECTLY ASSIST INSTRUCTIONAL ACTIVITIES. BAYLOR ENGAGES IN RESEARCH WORK SPONSORED BY NUMEROUS FEDERAL, STATE, AND LOCAL AGENCIES AND PRIVATE ENTITIES. ADDITIONALLY, BAYLOR PROVIDES NON-INSTRUCTIONAL SERVICES THAT BENEFIT INDIVIDUALS AND GROUPS EXTERNAL TO BAYLOR.
EXPENSES CONTAINED RELATE TO AUXILIARY ENTERPRISES OPERATED BY THE UNIVERSITY. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, RENTAL PROPERTIES AND VENDING SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Regent | Trustee | 5 | $71 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aramark Educational Services Dining Services | 5/30/20 | $19,176,712 |
Aramark Facility Services Facility Maintenance | 5/30/20 | $40,928,374 |
Huron Consulting Services Educational Consulting | 5/30/20 | $9,011,254 |
2u Inc Online Academic Program Management | 5/30/20 | $7,499,545 |
Ebsco Publishing Library And Publishing Services | 5/30/20 | $5,144,763 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $8,782,850 |
Fundraising events | $361,185 |
Related organizations | $280,000 |
Government grants | $15,305,369 |
All other contributions, gifts, grants, and similar amounts not included above | $143,041,574 |
Noncash contributions included in lines 1a–1f | $8,114,656 |
Total Revenue from Contributions, Gifts, Grants & Similar | $167,770,978 |
Total Program Service Revenue | $996,545,455 |
Investment income | $77,065,891 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $7,624,826 |
Net Rental Income | $803,918 |
Net Gain/Loss on Asset Sales | $2,823,062 |
Net Income from Fundraising Events | $32,709 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,252,666,839 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $781,867 |
Grants and other assistance to domestic individuals. | $340,730,321 |
Grants and other assistance to Foreign Orgs/Individuals | $408,800 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $9,499,145 |
Compensation of current officers, directors, key employees. | $6,386,348 |
Compensation to disqualified persons | $715,869 |
Other salaries and wages | $333,495,751 |
Pension plan accruals and contributions | $29,327,270 |
Other employee benefits | $41,253,222 |
Payroll taxes | $19,585,997 |
Fees for services: Management | $1,873,895 |
Fees for services: Legal | $6,404,547 |
Fees for services: Accounting | $319,807 |
Fees for services: Lobbying | $351,453 |
Fees for services: Fundraising | $484,093 |
Fees for services: Investment Management | $5,857,777 |
Fees for services: Other | $74,799,508 |
Advertising and promotion | $2,803,656 |
Office expenses | $26,179,730 |
Information technology | $20,472,420 |
Royalties | $285,450 |
Occupancy | $32,779,221 |
Travel | $29,679,232 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,167,579 |
Interest | $24,340,121 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $59,392,055 |
Insurance | $0 |
All other expenses | $7,747,072 |
Total functional expenses | $1,124,830,604 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $672,867 |
Savings and temporary cash investments | $226,459,409 |
Pledges and grants receivable | $125,701,508 |
Accounts receivable, net | $77,296,190 |
Loans from Officers, Directors, or Controlling Persons | $483,853 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $10,668 |
Inventories for sale or use | $656,075 |
Prepaid expenses and deferred charges | $36,364,756 |
Net Land, buildings, and equipment | $1,072,471,996 |
Investments—publicly traded securities | $10,875,600 |
Investments—other securities | $1,414,789,333 |
Investments—program-related | $7,566,165 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,973,348,420 |
Accounts payable and accrued expenses | $74,339,390 |
Grants payable | $0 |
Deferred revenue | $129,039,771 |
Tax-exempt bond liabilities | $249,884,531 |
Escrow or custodial account liability | $20,060 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,684,105 |
Unsecured mortgages and notes payable | $15,426,763 |
Other liabilities | $395,274,281 |
Total liabilities | $866,668,901 |
Net assets without donor restrictions | $815,978,675 |
Net assets with donor restrictions | $1,290,700,844 |
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 | $2,973,348,420 |
Over the last fiscal year, Baylor University has awarded $1,404,242 in support to 47 organizations.
Grant Recipient | Amount |
---|---|
Ann Arbor, MI PURPOSE: Subcontract - Research | $345,201 |
Waco, TX PURPOSE: Programming and production cost assistance | $334,338 |
Washington, DC PURPOSE: Subcontract - Research | $86,506 |
THE UNIVERSITY OF TEXAS HEALTH SCIENCE AT TYLER PURPOSE: Subcontract - Research | $86,184 |
Waco, TX PURPOSE: Sponsorships for economic and community development | $61,200 |
Lincoln, NE PURPOSE: Subcontract - Research | $34,595 |
Over the last fiscal year, we have identified 42 grants that Baylor University has recieved totaling $1,383,932.
Awarding Organization | Amount |
---|---|
Richard W George Jr Charitable Foundation Corsicana, TX PURPOSE: CHARITABLE OPERATIONS | $244,250 |
The Rhines Foundation Dallas, TX PURPOSE: SUPPORT SCHOLARSHIP FUND IN ECONOMICS | $175,000 |
Daniels Fund Denver, CO PURPOSE: SCHOLARSHIPS | $130,229 |
Marrs Mclean Trust San Antonio, TX PURPOSE: TO PROVIDE SUPPORT TO THE SCHOOL PER TRUST INSTRUMENT | $99,655 |
Madison Alexander Cooper And Martha Roane Cooper Foundation Waco, TX PURPOSE: DEVELOPMENT OF A COMMUNITY-WIDE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP) PLAN | $97,829 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $93,123 |
Beg. Balance | $1,322,821,444 |
Earnings | $99,732,103 |
Net Contributions | $30,499,130 |
Other Expense | $41,804,129 |
Grants | $29,810,345 |
Ending Balance | $1,381,438,203 |
Organization Name | Assets | Revenue |
---|---|---|
William Marsh Rice University Houston, TX | $8,424,555,000 | $976,544,472 |
Southern Methodist University Dallas, TX | $3,480,437,552 | $940,657,128 |
Texas Christian University Fort Worth, TX | $3,496,000,306 | $895,084,917 |
University Of The Incarnate Word San Antonio, TX | $487,005,002 | $259,002,070 |
Trinity University San Antonio, TX | $1,696,019,714 | $216,246,276 |
Abilene Christian University Abilene, TX | $773,960,218 | $252,996,672 |
St Edwards University Austin, TX | $377,920,423 | $208,782,526 |
Loyola University New Orleans, LA | $507,723,751 | $180,729,254 |
Harding University Searcy, AR | $398,070,168 | $176,306,238 |
Texas A&m Foundation College Station, TX | $2,465,090,742 | $282,467,067 |
St Marys University Of San Antonio San Antonio, TX | $341,447,478 | $152,177,233 |
Oral Roberts University Tulsa, OK | $217,101,952 | $154,062,702 |