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Maharishi International University

Fairfield, IA · EIN 42-1315493 · 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

Maharishi International University reported $53.4 million in revenue and $55.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $62.25 went to program services, $36.66 to management and general costs and $1.09 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 74.8% of the total. The highest compensation it reported for one person was $202,600 (CEO). 8 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 June 30, 2025 · Form 990, Part IX, line 25 · total expenses $55M

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 $53M

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)
62.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
36.7%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
$0.05$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
22.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
74.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$202,600$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.37%1.28%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.513.3
Independent voting board members
Part VI 1a–1b
29 of 35100.0%

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
$29M expenses · 84.2% of program spending · grants $2.9M · revenue $37M

Provides accredited post secondary education to approximately 2,969 students including bachelor's degrees, master's degrees and phd's in arts, sciences, business and humanities

$5.4M expenses · 15.8% of program spending · grants $1.4M · revenue $2.9M

Provides grade school, grades 1 - 12, to approximately 162 students where it identifies essential concepts and skills in literacy, mathematics, science, social studies, and 21st century skills. Enhances student engagement by emphasizing interest, robust and relevant learning experiences. Takes learning to a deeper level by moving students beyond superficial knowledge to deep conceptual and procedural knowledge. Provides direction for teachers regarding effective instruction and assessment

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
CEO
Officer, 35.00 hrs/week
$200,000$0$2,600$202,600
VP DEVELOPME
Officer, 35.00 hrs/week
$162,920$0$0$162,920
VP OP. EXCEL
Officer, 35.00 hrs/week
$150,000$0$0$150,000
VP HUMAN RES
Officer, 35.00 hrs/week
$148,025$0$0$148,025
PRESIDENT EM
Director/trustee, officer, 35.00 hrs/week
$129,243$0$9,230$138,473
CIO
Officer, 35.00 hrs/week
$134,901$0$2,600$137,501
CHIEF DIGITA
Officer, 35.00 hrs/week
$120,839$0$7,020$127,859
VP FINANCE
Officer, 35.00 hrs/week
$116,004$0$2,600$118,604

8 people received more than $100,000 in reportable compensation from Maharishi International University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.0M (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$53M$55M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$53M$55M62.2%$53M$202,600
FY2024 ⓘ$55M$59M64.5%$57M$200,942
FY2023 ⓘ$63M$59M69.7%$61M$132,676
FY2022 ⓘ$63M$54M71.3%$58M$136,568
FY2021 ⓘ$46M$40M72.4%$49M$136,568
FY2020 ⓘ$45M$40M72.7%$42M$134,568

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–1b35 · 29 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 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 51,013
  • Volunteers Part I, line 63

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ALADDIN FOOD MANAGEMENT SERVICE
Food service
$2,665,534
MENDEZ CONSTUCTION LLC
Construction
$304,610
TOP NOTCH LLC
Construction
$254,723
PROSPER CONSTRUCTION
Construction
$253,132
WINGER CONTRACTING COMP INC
Construction
$153,658

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Private foundation grants it received

7 private foundations reported grants to Maharishi International University totaling $2.7M 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 Maharishi International 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 Maharishi International University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Iowa

Questions people ask

How much of Maharishi International University's spending goes to programs?

In the fiscal year ending June 30, 2025, Maharishi International University reported that 62.2% of its $55.3 million in expenses went to program services, 36.7% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does Maharishi International University pay its top executive?

The largest total compensation Maharishi International University reported for one person in the fiscal year ending June 30, 2025 was $202,600, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Maharishi International University get its money?

Of $53.4 million in revenue in the fiscal year ending June 30, 2025, 22.5% came from contributions and grants (including 1.5% from government grants) and 74.8% from program service revenue (Form 990, Part VIII).

Is Maharishi International University a registered charity?

The IRS lists EIN 42-1315493 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 202610969349301116 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511009349301711 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349311641 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349316706 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349309546 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349307636 · read the filing

All filings for EIN 42-1315493: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.