Charity Impact Media

Home › Education

Marist University

Poughkeepsie, NY · EIN 14-1442493 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Marist University reported $397.4 million in revenue and $365.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.59 went to program services, $8.36 to management and general costs and $1.05 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.8% of the total. The highest compensation it reported for one person was $1,388,761 (PRESIDENT). 299 people received more than $100,000 in reportable compensation. Revenue rose 29% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $365M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $397M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.24$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
83.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,388,761$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.38%1.28%
People paid over $100,000
Part VII, line 2
2998
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
28.613.3
Independent voting board members
Part VI 1a–1b
33 of 33100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$288M expenses · 87.2% of program spending · grants $116M · revenue $269M

Founded in 1929, Marist University is a comprehensive, independent four-year institution that blends the liberal arts with pre-professional studies and emphasizes experiential learning to enrich classroom instruction. With campuses in poughkeepsie, new york, and florence, italy, as well as more than 70 programs offering a variety of international study options, the university is a portal to the world and is devoted to nurturing a welcoming, inclusive community. Through six schools offering nearly 50 majors, marist fosters the intellectual growth and well-being of its more than 6,000…

$42M expenses · 12.8% of program spending · grants $2.1M · revenue $64M

Marist is a residential campus with approximately 70%+ of students living in on-campus housing all four years. The university recognizes that a student's development should be supported by their living environment and incorporates programming, peer and staff support, and other community-building activities in the residence halls. Another large auxiliary function includes foods service through both a resident and retail dining program. The resident dining operation provides food on a daily basis to over 3,000 participants through more than 10 different dining locations across campus.…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 50.00 hrs/week
$1,286,089$0$102,672$1,388,761
EXEC. VP FOR OPS & COMM. RELATIONS
Officer, 50.00 hrs/week
$463,356$0$78,699$542,055
HEAD COACH, MEN'S BASKETBALL
Highest compensated employee, 50.00 hrs/week
$405,014$0$48,666$453,680
VP OF ADMISSIONS & ENROLLMENT
Key employee, 50.00 hrs/week
$353,931$0$81,339$435,270
VP OF BUSINESS AFFAIRS/CFO
Officer, 50.00 hrs/week
$347,194$0$77,081$424,275
DIRECTOR OF MIPO
Highest compensated employee, 50.00 hrs/week
$354,616$0$68,445$423,061
VP FOR COMM. & MKTG.
Key employee, 50.00 hrs/week
$350,246$0$67,204$417,450
PUBLIC AFFAIRS/FORMER PRESIDENT
Former, 50.00 hrs/week
$339,356$0$64,279$403,635

299 people received more than $100,000 in reportable compensation from Marist University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$397M$365M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$397M$365M90.6%$871M$1,388,761
FY2024 ⓘ$379M$334M91.3%$811M$1,180,201
FY2023 ⓘ$333M$318M91.6%$741M$1,227,553
FY2022 ⓘ$327M$299M92.2%$683M$1,060,673
FY2021 ⓘ$319M$273M92.6%$703M$1,083,675
FY2020 ⓘ$309M$281M92.1%$552M$939,716

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b33 · 33 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 53,777
  • Volunteers Part I, line 6215

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PIKE COMPANY INC
Plant construction
$25,670,432
COMPASS GROUP USA INCORPORATED
Food service
$12,601,826
MAINLINE INFORMATION SYSTEMS INC
It services
$3,515,306
CAMBRIDGE ASSOCIATES LLC
Investment management
$1,878,467
UMBRELLA DIGITAL LLC
Digital marketing
$1,561,500

Individuals listed as contractors are left out. 71 contractors were paid more than $100,000 in all.

Private foundation grants it received

50 private foundations reported grants to Marist University totaling $986K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Marist University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Marist University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Marist University's spending goes to programs?

In the fiscal year ending June 30, 2025, Marist University reported that 90.6% of its $365.0 million in expenses went to program services, 8.4% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does Marist University pay its top executive?

The largest total compensation Marist University reported for one person in the fiscal year ending June 30, 2025 was $1,388,761, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Marist University get its money?

Of $397.4 million in revenue in the fiscal year ending June 30, 2025, 4.0% came from contributions and grants (including 0.8% from government grants) and 83.8% from program service revenue (Form 990, Part VIII).

Is Marist University a registered charity?

The IRS lists EIN 14-1442493 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641319349305804 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531269349303343 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401299349302170 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321299349303162 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349301406 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349302112 · read the filing

All filings for EIN 14-1442493: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.