Westminster College

Organization Overview

Westminster College is located in Salt Lake City, UT. The organization was established in 1941. 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, Westminster College employed 1,026 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westminster College 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, Westminster College generated $82.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $86.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. 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

WESTMINSTER COLLEGE IS A PRIVATE COMPREHENSIVE LIBERAL ARTS COLLEGE IN SALT LAKE CITY, UT OFFERING UNDERGRADUATE AND GRADUATE DEGREES IN LIBERAL ARTS AND PROFESSIONAL PROGRAMS.

Describe the Organization's Program Activity:

INSTRUCTION: 1,973 STUDENTS IN UNDERGRADUATE AND GRADUATE PROGRAMS677 STUDENTS GRADUATED IN THE 2020-2021 ACADEMIC YEAR


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Board, Officers & Key Employees

Name (title)Compensation
Bethami Dobkin
President
$386,350
Deborah Tahmassebi
Provost
$267,739
Erica Johnson
VP Enrollment
$209,004
Kathryn Holmes
General Counsel & Cro
$204,400
Daniel Lewis
VP Institutional Advancement
$200,000
Orn Bodvarsson
Dean, Business
$180,000

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Riverpark Sugarhouse Llc
Lease
$1,537,765
Presidio Networked Solutions Llc
It Network Support
$457,038
Prager Co Llc
Advisor Services
$330,000
K-j Camden Llc
Lease
$213,445
American Mechanical Systems
Maintenance & Repair
$196,106
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$675,137
Government grants $6,145,503
All other contributions, gifts, grants, and similar amounts not included above$9,121,706
Noncash contributions included in lines 1a–1f $822,202
Total Revenue from Contributions, Gifts, Grants & Similar$15,942,346
Total Program Service Revenue$64,547,791
Investment income $199,508
Tax Exempt Bond Proceeds $0
Royalties $357
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,034,755
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $82,856,817

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Westminster College has recieved totaling $18,000.

Awarding OrganizationAmount
Decoo Academic Foundation

Salt Lake City, UT

PURPOSE: SUPPORT EDUCATION PROGRAM

$10,000
Edward L Burton Foundation

Salt Lake City, UT

PURPOSE: EDUCATION

$8,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$85,358,633
Earnings$24,585,107
Net Contributions$697,048
Other Expense$13,219,486
Ending Balance$97,421,302

Peer Organizations

Organization NameAssets
Western Governors University
Salt Lake City, UT
$1,020,118,520
University Of Denver
Denver, CO
$716,746,092
Colorado College Th
Colorado Springs, CO
$272,135,370
Colorado Christian University
Lakewood, CO
$148,957,888
Westminster College
Salt Lake City, UT
$82,856,817
The American University Of Paris Inc
Denver, CO
$36,441,184
Naropa University
Boulder, CO
$31,100,655
Prescott College Inc
Prescott, AZ
$27,987,581
Campus Research Corporation
Tucson, AZ
$14,706,755
Hsdl Llc
Provo, UT
$10,965,696
Wyoming Catholic College
Lander, WY
$10,070,665
Frank Lloyd Wright Foundation
Scottsdale, AZ
$12,357,928

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