Saint Marys University

Organization Overview

Saint Marys University is located in null. The organization was established in 2018. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 03/2022, Saint Marys University generated $131.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $130.6m during the year ending 03/2022. While expenses have increased by 4.3% per year over the past 4 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OFFER UNDERGRADUATE, GRADUATE, & CONTINUING EDUCATION PROGRAMS; TO ENGAGE (CONTINUED ON SCHEDULE O) IN RESEARCH & DISSEMINATE ITS RESULTS; & TO SERVE THE LOCAL & INTERNATIONAL COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HIGHER EDUCATION: SMU IS A PUBLIC LIBERAL ARTS AND SCIENCE DEGREE-GRANTING INSTITUTION COMMITTED TO THE ENCOURAGEMENT AND FOSTERING OF CRITICAL, CREATIVE, AND INDEPENDENT THINKING. THROUGHOUT THE 2021-2022 FISCAL PERIOD, THERE WAS A TOTAL OF APPROXIMATELY 7,000 STUDENTS.


RESEARCH: THE RESEARCH MISSION OF SMU IS TO ENGAGE IN RESEARCH THAT APPLIES TO, AND IS VALUED BY, COMMUNITIES FROM AROUND THE CORNER TO AROUND THE WORLD. OUR MISSION ALSO INVOLVES CULTIVATING INTELLECTUAL CURIOSITY AND CREATIVITY WITHIN OUR FACULTY AND STUDENTS.


RESIDENCE SERVICES: SMU BELIEVES LIVING IN A RESIDENCE COMMUNITY PROVIDES STUDENTS WITH OPPORTUNITIES FOR LEARNING AND GROWTH THAT ARE EQUALLY AS VALUABLE AS THOSE AVAILABLE TO THEM IN THE CLASSROOM. AS SUCH, RESIDENCE AT SMU HAS BEEN DESIGNED TO REFLECT A COMMITMENT TO THE HOLISTIC DEVELOPMENT AND PERSONAL GROWTH OF OUR RESIDENCE COMMUNITY STUDENTS. SMU STRIVES TO ENSURE THAT THE RESIDENCE COMMUNITY FOLLOWS AN APPROACH BASED ON PROFESSIONAL BEST PRACTICES, AS WELL AS THE INTERESTS AND DEVELOPMENTAL NEEDS OF STUDENTS.


SMU PROVIDES A WIDE RANGE OF OTHER SERVICES RELATED TO ITS CORE MISSION OF POST SECONDARY EDUCATION, RESEARCH AND OUTREACH INCLUDING ATHLETICS & RECREATION, DINING SERVICES, CAMPUS BOOKSTORE, AND CONFERENCES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Atlantica Mechanical Contractors Inc
Construction
$1,635,772
Ellisdon Corporation
Construction
$1,068,482
Cherubini Metal Works Ltd
Construction
$1,172,806
Aramark Canada Ltd
Dining Services
$2,450,714
Ellucian Technologies Canada Ulc
Software & Consulting
$1,131,957
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$3,603
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $40,598,154
All other contributions, gifts, grants, and similar amounts not included above$8,949,530
Noncash contributions included in lines 1a–1f $2,615,689
Total Revenue from Contributions, Gifts, Grants & Similar$49,551,287
Total Program Service Revenue$75,082,653
Investment income $3,930,765
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $292,625
Net Gain/Loss on Asset Sales $1,087,125
Net Income from Fundraising Events $10,875
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $161,375
Miscellaneous Revenue$0
Total Revenue $131,512,488

Endowment Analysis

Beg. Balance$42,647,456
Earnings$3,777,090
Admin Expense$195,911
Net Contributions$1,952,654
Other Expense$1,540,800
Ending Balance$46,640,489

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