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Marquette University

Milwaukee, WI · EIN 39-0806251 · 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

Marquette University reported $840.0 million in revenue and $747.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.74 went to program services, $6.27 to management and general costs and $1.99 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 73.8% of the total. The highest compensation it reported for one person was $4,547,338 (Mens Basketball Head Coach). 566 people received more than $100,000 in reportable compensation. Revenue rose 24% 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 $747M

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 $840M

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)
91.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.13$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
13.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
73.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$4,547,338$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.61%1.28%
People paid over $100,000
Part VII, line 2
5668
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
27.913.3
Independent voting board members
Part VI 1a–1b
22 of 32100.0%

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
$416M expenses · 60.7% of program spending · grants $244M · revenue $524M

Instruction Consistently ranked among the top 100 colleges and universities nationwide, Marquette annually enrolls more than 11,700 students in undergraduate, graduate and professional programs and confers approximately 2,800 degrees annually. Marquette offers 80 undergraduate majors and 93 minors to students in the College of Arts and Sciences, Business Administration, Communication, Education, Engineering, Health Sciences and Nursing. Marquette has 79 doctoral and masters degree programs, and 19 graduate certificate programs, and a School of Dentistry and Law School. TheGraduate School of…

$92M expenses · 13.4% of program spending · revenue $51M

Student Services We know that learning occurs outside, as well as inside, the classroom. Our core values of excellence, faith, leadership and service are fostered through student participation in our residence hall communities and campus organizations, which include academic and professional groups, club and recreational sports, spiritual activities and community service organizations. Marquettes urban location, just blocks from downtown Milwaukee, gives students ample opportunities for internships, co-op experiences and part-time employment. On campus, professionals in the Office of Student…

$57M expenses · 8.3% of program spending · revenue $139M

Academic Support and Library All Marquette undergraduates receive a strong liberal arts foundation through the universitys Core of Common Studies, which includes courses in nine core knowledge areas. Curriculum development is an ongoing process, with faculty support available through the Center for Teaching and Learning and various departmental resources. Programs for faculty development include curriculum enhancement and diversity grants, teaching enhancement awards, fellowship awards for research, young scholar awards and summer faculty fellowships. The Preparing Future Faculty Program…

$121M all other programs (line 4d)

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
Mens Basketball Head Coach
Highest compensated employee, 040.00 hrs/week
$4,547,338$0$0$4,547,338
Former President
Former
$3,617,448$0$0$3,617,448
President / Acting President
Officer, 040.00 hrs/week
$869,890$0$0$869,890
Womens Basketball Head Coach
Highest compensated employee, 040.00 hrs/week
$727,510$0$0$727,510
Treasurer
Officer, 040.00 hrs/week
$718,292$0$0$718,292
VP for University Advancement
Key employee, 040.00 hrs/week
$644,983$0$0$644,983
VP Director Athletics
Highest compensated employee, 040.00 hrs/week
$530,163$0$0$530,163
Mens Basketball Assistant Coach
Highest compensated employee, 040.00 hrs/week
$468,560$0$0$468,560

566 people received more than $100,000 in reportable compensation from Marquette University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.0M (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$250M$500M$750M$1.00BFY2020FY2021FY2022FY2023FY2024FY2025$840M$747M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$840M$747M91.7%$1.73B$4,547,338
FY2024 ⓘ$751M$694M91.0%$1.57B$3,973,244
FY2023 ⓘ$710M$653M91.1%$1.47B$4,631,466
FY2022 ⓘ$733M$639M90.9%$1.42B$5,453,787
FY2021 ⓘ$725M$619M91.1%$1.42B$2,859,403
FY2020 ⓘ$680M$626M90.7%$1.14B$3,191,293

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–1b32 · 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 2Yes
  • 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 26Yes
  • 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 58,123
  • Volunteers Part I, line 62,050

Private foundation grants it received

131 private foundations reported grants to Marquette University totaling $11M 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 Marquette 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 Marquette University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Wisconsin

Questions people ask

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

In the fiscal year ending June 30, 2025, Marquette University reported that 91.7% of its $747.1 million in expenses went to program services, 6.3% to management and general and 2.0% to fundraising (Form 990, Part IX).

How much does Marquette University pay its top executive?

The largest total compensation Marquette University reported for one person in the fiscal year ending June 30, 2025 was $4,547,338, for the role of Mens Basketball Head Coach (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Marquette University get its money?

Of $840.0 million in revenue in the fiscal year ending June 30, 2025, 13.5% came from contributions and grants (including 1.7% from government grants) and 73.8% from program service revenue (Form 990, Part VIII).

Is Marquette University a registered charity?

The IRS lists EIN 39-0806251 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 202611349349303611 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349306029 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349308087 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301339349301530 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241349349302589 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349304637 · read the filing

All filings for EIN 39-0806251: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.