Mount Saint Marys University

Organization Overview

Mount Saint Marys University is located in Los Angeles, CA. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Mount Saint Marys University employed 1,622 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mount Saint Marys 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 06/2020, Mount Saint Marys University generated $120.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $121.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

MOUNT SAINT MARY'S UNIVERSITY, IS A CALIFORNIA NONPROFIT PUBLIC BENEFITS CORPORATION FOUNDED BY THE SISTERS OF ST. JOSEPH OF CARONDELET (PROVINCIALATE), A RELIGIOUS COMMUNITY OF THE ROMAN CATHOLIC CHURCH. THE UNIVERSITY WAS FOUNDED IN 1925 BY SISTERS OF ST. JOSEPH AND HAS OPERATED CONTINUOUSLY SINCE THAT DATE. THE OBJECTIVE OF MOUNT SAINT MARY'S UNIVERSITY AS A NONPROFIT EDUCATIONAL INSTITUTION IS SERVICE. THE UNIVERSITY HAS DEVOTED ITSELF TO EXCELLENCE IN LIBERAL ARTS AND SCIENCES AND GRANTS DEGREES IN ASSOCIATE, BACCALAUREATE, MASTERS AND DOCTOR PROGRAMS, WITH A SPECIAL FOCUS ON THE EDUCATION OF WOMEN FOR LEADERSHIP POSITIONS IN OUR SOCIETY.

Describe the Organization's Program Activity:

NSTRUCTION: MOUNT SAINT MARY'S UNIVERSITY PROVIDES VALUES BASED TRADITIONAL UNDERGRADUATE EDUCATION FOR WOMEN, AS WELL AS, INNOVATIVE NON-TRADITIONAL UNDERGRADUATE AND GRADUATE EDUCATIONAL PROGRAMS FOR WOMEN AND MEN. THE UNIVERSITY'S ACADEMIC PROGRAMS PLACE A STRONG EMPHASIS ON SOCIAL AND ETHICAL VALUES CONSISTENT WITH A VIEW OF COMPASSIONATE COMMUNITY INVOLVEMENT. SINCE ITS INCEPTION, THE UNIVERSITY HAS GRANTED MORE THAN 27,800 DEGREES. DURING THE FISCAL YEAR ENDED JUNE 30, 2021, THE UNIVERSITY ENROLLED APPROXIMATELY 1,430 FULL-TIME EQUIVALENTS (FTE) TRADITIONAL UNDERGRADUATE STUDENTS; 455 FTE NON-TRADITIONAL UNDERGRADUATE STUDENTS; AND 825 FTE GRADUATE STUDENTS.


AUXILIARY ENTERPRISES: MOUNT SAINT MARY'S UNIVERSITY AUXILIARY ENTERPRISES ARE COMPRISED OF RESIDENCE AND DINING HALLS, AND PARKING FACILITIES. DURING THE FISCAL YEAR ENDED JUNE 30, 2021, RESIDENCE HALL OCCUPANCY WAS GREATLY REDUCED DUE TO LOS ANGELES COUNTY MANDATE OF STUDENT CLOSURE DUE TO COVID-19 VIRUS. THE OCCUPANCY WAS REDUCED TO APPROXIMATELY 30 UNDERGRADUATE STUDENTS.


MOUNT SAINT MARY'S UNIVERSITY AND THE GEENA DAVIS INSTITUTE ON GENDER IN MEDIA (INSTITUTE) HAVE ESTABLISHED A LONG-TERM STRATEGIC ALLIANCE THAT CREATES NEW RESEARCH, EDUCATION AND ADVOCACY PROGRAMS UNDER MOUNT SAINT MARY'S UNIVERSITY. FOUNDED IN 2004 BY ACADEMY AWARD WINNING ACTOR AND ADVOCATE GEENA DAVIS, THE INSTITUTE AND ITS PROGRAMMING ARM, SEE JANE, IS THE ONLY RESEARCH-BASED ORGANIZATION WORKING WITHIN THE MEDIA AND ENTERTAINMENT INDUSTRY TO ENGAGE, EDUCATE, AND INFLUENCE THE NEED FOR GENDER BALANCE, REDUCING STEREOTYPING AND CREATING A WIDE VARIETY OF FEMALE CHARACTERS FOR ENTERTAINMENT TARGETING 11 YEARS OLD AND UNDER. THE INSTITUTE HAS AMASSED THE LARGEST BODY OF RESEARCH ON GENDER PREVALENCE IN ENTERTAINMENT SPANNING 20 YEARS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ellucian Company
Computer Support
$1,319,270
Vancrest Construction Corporation
Construction
$1,466,202
Mindpower Inc
Marketing
$1,033,255
Allied Universal Security Servcies
Security
$890,875
Bon Appetit Management Company
Restaurant Management
$1,576,125
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$14,094,853
Investment income $1,860,560
Tax Exempt Bond Proceeds $638,238
Royalties $0
Net Rental Income $50,244
Net Gain/Loss on Asset Sales $1,472,269
Net Income from Fundraising Events -$141,258
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $120,464,265

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mount Saint Marys University has recieved totaling $39,000.

Awarding OrganizationAmount
Easton Family Foundation 110297

Indianapolis, IN

PURPOSE: SUPPORT OF EDUCATIONAL ACTIVITIES.

$25,000
Los Angeles Philanthropic Foundation

Los Angeles, CA

PURPOSE: GRANTS FOR SCHOLARSHIPS

$14,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$138,585,293
Earnings$49,593,006
Admin Expense$1,022,714
Net Contributions$3,096,287
Grants$9,469,977
Ending Balance$180,781,895

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$273,144,020
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