Daemen University
Daemen University reported $92.5 million in revenue and $91.6 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $92.38 went to program services, $7.06 to management and general costs and $0.56 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.3% of the total. The highest compensation it reported for one person was $587,604 (President). 76 people received more than $100,000 in reportable compensation. Revenue rose 19% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $92MFor 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 May 31, 2025 · Form 990, Part VIII · total revenue $93MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 9.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $587,604 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.64% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 76 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 26 of 28 | 100.0% |
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 expensePrivate, independent university providing higher education to students. The mission of Daemen University is to prepare creative, ethically-minded leaders for a diverse and interconnected world by integrating the intellectual strengths acquired through the liberal arts with the preparation necessary for professional excellence to make meaningful contributions to society
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Officer, 40 hrs/week | $542,315 | $0 | $45,289 | $587,604 |
| Executive Vice President for Academic Affairs and Provost Officer, 40 hrs/week | $184,765 | $0 | $21,820 | $206,585 |
| Executive Director of Web Communications Highest compensated employee, 40 hrs/week | $102,282 | $0 | $88,346 | $190,628 |
| Dean of the Scott Bieler College of Health Professions Highest compensated employee, 40 hrs/week | $119,680 | $0 | $44,989 | $164,669 |
| Associate Professor Highest compensated employee, 40 hrs/week | $154,652 | $0 | $8,944 | $163,596 |
| VP of Information Technology Officer, 40 hrs/week | $131,939 | $0 | $30,326 | $162,265 |
| AVP OF Academic Relations Highest compensated employee, 40 hrs/week | $113,645 | $0 | $47,793 | $161,438 |
| Vice President for Strategic Initiatives Officer, 40 hrs/week | $128,684 | $0 | $27,635 | $156,319 |
76 people received more than $100,000 in reportable compensation from Daemen University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b28 · 26 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 11aNo
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,321
- Volunteers Part I, line 660
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AES DE RS III LLC solar energy provider | $431,617 |
| Energymark LLC Utility Supplier | $247,307 |
| ADPRO Sports LLC Athletic gear | $126,007 |
| Tarian Group LLC Campus safety | $102,137 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
21 private foundations reported grants to Daemen University totaling $1.2M 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 Daemen 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 Daemen University, you can publish a response that is linked from this page.
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Of every $100 Daemen University spent in FY2025, $92.38 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The University of North Carolina at Greensboro Investment FundGreensboro, NC · revenue $92M · programs 91.4% · FY2025
- The Ohio University FoundationAthens, OH · revenue $93M · programs 74.6% · FY2025
- Lincoln UniversityLincoln University, PA · revenue $92M · programs 85.0% · FY2025
- Columbia Grammar and Preparatory SchoolNew York, NY · revenue $93M · programs 84.7% · FY2025
- The Villages Charter SchoolMiddleton, FL · revenue $92M · programs 97.1% · FY2025
Questions people ask
How much of Daemen University's spending goes to programs?
In the fiscal year ending May 31, 2025, Daemen University reported that 92.4% of its $91.6 million in expenses went to program services, 7.1% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Daemen University pay its top executive?
The largest total compensation Daemen University reported for one person in the fiscal year ending May 31, 2025 was $587,604, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Daemen University get its money?
Of $92.5 million in revenue in the fiscal year ending May 31, 2025, 9.9% came from contributions and grants (including 2.6% from government grants) and 85.3% from program service revenue (Form 990, Part VIII).
Is Daemen University a registered charity?
The IRS lists EIN 16-0759798 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 May 31, 2025, object 202610419349300421 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202541049349300014 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202421069349300327 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202300109349300600 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202113439349300146 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202033179349301348 · read the filing
All filings for EIN 16-0759798: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.