Ashland University
Ashland University reported $136.6 million in revenue and $137.5 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $93.07 went to program services, $4.79 to management and general costs and $2.14 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 77.4% of the total. The highest compensation it reported for one person was $409,819 (FORMER PRESIDENT). 55 people received more than $100,000 in reportable compensation. Revenue fell 5% 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 $137MFor 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 $137M- Contributions & grants (non-government)$17.10 $23M
- Government grants$2.12 $2.9M
- Program service revenue$77.23 $106M
- Investment income$3.55 $4.9M
Other revenue was negative: −$222K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.11 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 19.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.1% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 77.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $409,819 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.30% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 55 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 22 of 23 | 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 expenseAshland University offers more than 70 different academic programs at the bachelor's, master's, and doctorate levels. The academic programs are diverse and rich in opportunities for our students. The integration of the liberal arts and career development is a major strength of Ashland University. The university consists of the college of arts and sciences, college of business and economics, college of education, college of nursing and health sciences, eashland and ashland theological seminary. The academic affairs division also oversees library services, global education, and academic support…
The university's auxiliary enterprise operations exist primarily to furnish goods and services to students, faculty, and staff. Managed as essentially self-supporting activities, the university's auxiliary activities consist primarily of housing services, dining services, campus stores, copy services, and laundry services
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 |
|---|---|---|---|---|
| FORMER PRESIDENT Former, 40.00 hrs/week | $389,275 | $0 | $20,544 | $409,819 |
| PRESIDENT Officer, 40.00 hrs/week | $215,396 | $0 | $28,933 | $244,329 |
| DIRECTOR, ASHBROOK CENTER Highest compensated employee, 40.00 hrs/week | $195,464 | $0 | $38,238 | $233,702 |
| FACILITIES MANAGEMENT & PLANNING Officer, 40.00 hrs/week | $142,051 | $0 | $87,642 | $229,693 |
| PROFESSOR Highest compensated employee, 40.00 hrs/week | $193,606 | $0 | $26,654 | $220,260 |
| PROVOST (EXIT 3/25) Officer, 40.00 hrs/week | $175,465 | $0 | $25,817 | $201,282 |
| VP OF FINANCE & CFO Officer, 40.00 hrs/week | $168,951 | $0 | $30,664 | $199,615 |
| DEAN Highest compensated employee, 40.00 hrs/week | $166,681 | $0 | $28,870 | $195,551 |
55 people received more than $100,000 in reportable compensation from Ashland University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (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–1b23 · 22 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 4No
- 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 52,470
- Volunteers Part I, line 627
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SIMONSON CONSTRUCTION SERVICES INC Construction | $2,113,665 |
| ATLO SOFTWARE LLC Software and services | $1,001,250 |
| VINYL MARKETING Advertising and marketing | $896,389 |
| ALUMNI ROOFING COMPANY INC Construction | $368,267 |
| JPAY INC Software and services | $304,141 |
Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.
Private foundation grants it received
39 private foundations reported grants to Ashland University totaling $7.0M 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 Ashland 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 Ashland University, you can publish a response that is linked from this page.
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Of every $100 Ashland University spent in FY2025, $93.07 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Educational Corporation Mukogawa GakuinSpokane, WA · revenue $136M · programs 96.7% · FY2025
- Saint Xavier UniversityChicago, IL · revenue $137M · programs 84.6% · FY2025
- The Harker SchoolSan Jose, CA · revenue $136M · programs 81.4% · FY2025
- Wb Community HealthCranston, RI · revenue $137M · programs 99.8% · FY2025
- Dominican UniversityRiver Forest, IL · revenue $136M · programs 87.3% · FY2025
Questions people ask
How much of Ashland University's spending goes to programs?
In the fiscal year ending May 31, 2025, Ashland University reported that 93.1% of its $137.5 million in expenses went to program services, 4.8% to management and general and 2.1% to fundraising (Form 990, Part IX).
How much does Ashland University pay its top executive?
The largest total compensation Ashland University reported for one person in the fiscal year ending May 31, 2025 was $409,819, for the role of FORMER PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Ashland University get its money?
Of $136.6 million in revenue in the fiscal year ending May 31, 2025, 19.2% came from contributions and grants (including 2.1% from government grants) and 77.4% from program service revenue (Form 990, Part VIII).
Is Ashland University a registered charity?
The IRS lists EIN 34-0714626 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 202620909349301347 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202511019349300536 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202431069349301623 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202311079349300926 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202210979349300511 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202140649349300604 · read the filing
All filings for EIN 34-0714626: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.