Morningside University
Morningside University reported $72.9 million in revenue and $68.5 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $85.59 went to program services, $12.36 to management and general costs and $2.05 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.3% of the total. The highest compensation it reported for one person was $383,874 (PRESIDENT). 19 people received more than $100,000 in reportable compensation. Revenue rose 27% 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 $69MFor 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 $73M- Contributions & grants (non-government)$11.18 $8.2M
- Government grants$2.19 $1.6M
- Program service revenue$78.62 $58M
- Investment income$8.01 $5.9M
Other revenue was negative: −$645K. 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) | 85.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.4% | 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 | $0.14 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 79.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $383,874 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.56% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 19 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 38 of 40 | 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 expenseProvides graduate and under graduate classes for students
Provides residence hall (living quarters) for full time under graduate students
Provide food service (cafeteria) for students
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, 40.00 hrs/week | $351,587 | $0 | $32,287 | $383,874 |
| FORMER PRESIDENT Former, 0.00 hrs/week | $282,026 | $0 | $0 | $282,026 |
| DEAN OF NURSING Highest compensated employee, 40.00 hrs/week | $239,627 | $0 | $7,411 | $247,038 |
| PROVOST & VP ACADEMIC AFFAIRS Key employee, 40.00 hrs/week | $192,488 | $0 | $24,781 | $217,269 |
| VP STUDENT LIFE/ENROLLMENT Key employee, 40.00 hrs/week | $174,575 | $0 | $23,152 | $197,727 |
| DEAN OF SCHOOL OF BUSINESS Highest compensated employee, 40.00 hrs/week | $161,004 | $0 | $31,035 | $192,039 |
| VP INFORMATION TECH & CHIEF INFO OFFICER Highest compensated employee, 40.00 hrs/week | $157,491 | $0 | $29,696 | $187,187 |
| FORMER VP BUSINESS & FINANCE Officer, 0.00 hrs/week | $162,793 | $0 | $22,283 | $185,076 |
19 people received more than $100,000 in reportable compensation from Morningside University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $915K (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–1b40 · 38 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,033
- Volunteers Part I, line 6130
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SODEXO INC Food service | $3,107,549 |
| DAIKIN APPLIED Hvac system | $220,943 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
25 private foundations reported grants to Morningside University totaling $173K 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 Morningside 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 Morningside University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Morningside University spent in FY2025, $85.59 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Providence Day SchoolCharlotte, NC · revenue $73M · programs 87.2% · FY2025
- The University of CharlestonCharleston, WV · revenue $73M · programs 89.7% · FY2025
- McMurry UniversityAbilene, TX · revenue $73M · programs 84.0% · FY2025
- Carroll CollegeHelena, MT · revenue $73M · programs 82.2% · FY2025
- The Awty International SchoolHouston, TX · revenue $73M · programs 91.5% · FY2025
Questions people ask
How much of Morningside University's spending goes to programs?
In the fiscal year ending May 31, 2025, Morningside University reported that 85.6% of its $68.5 million in expenses went to program services, 12.4% to management and general and 2.1% to fundraising (Form 990, Part IX).
How much does Morningside University pay its top executive?
The largest total compensation Morningside University reported for one person in the fiscal year ending May 31, 2025 was $383,874, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Morningside University get its money?
Of $72.9 million in revenue in the fiscal year ending May 31, 2025, 13.5% came from contributions and grants (including 2.2% from government grants) and 79.3% from program service revenue (Form 990, Part VIII).
Is Morningside University a registered charity?
The IRS lists EIN 42-0680400 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 202601039349302065 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202521059349302257 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202431059349301008 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202331059349301108 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202221089349300912 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111049349300726 · read the filing
All filings for EIN 42-0680400: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.