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University of Mary

Bismarck, ND · EIN 45-0273403 · 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

University of Mary reported $111.6 million in revenue and $98.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.43 went to program services, $9.96 to management and general costs and $5.61 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.9% of the total. The highest compensation it reported for one person was $233,632 (Executive Vice President). 54 people received more than $100,000 in reportable compensation. Revenue rose 40% 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 $99M

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 $112M

Other revenue was negative: −$140K. The bar shows the positive sources only.

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)
84.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
5.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.31$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
15.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
79.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$233,632$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.24%1.28%
People paid over $100,000
Part VII, line 2
548
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
25.213.3
Independent voting board members
Part VI 1a–1b
26 of 29100.0%

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
$25M expenses · 29.7% of program spending · revenue $73M

Academic Divisions - This area contains the curriculum and related expenses for all divisions of the college, including both post-secondary education and graduate programs. University of Mary serves approximately 3,973 students and has 516 faculty and staff. They have five schools with more than 58 degree programs. In addition, there are 20 graduate degree programs and five doctoral degrees. They average a placement rate of approximately 96 percent overall for their graduates

$24M expenses · 28.7% of program spending · grants $24M

Student Aid & Expenses - University of Mary offers various types of financial assistance to students including federal, state, and private programs as well as other forms of student aid and work programs. During the current year, 2,567 students received some type of academic student aid and 361 students received athletic student aid. In addition, 107 international students received student aid

$9.9M expenses · 11.9% of program spending · revenue $12M

Auxiliary Activities: Auxiliary activities includes all student housing and food services including the cost of residence halls, student apartments, and student transportation service. The University of Mary also has a university store, cafeterias, snack bar and coffee shop

$25M 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
Executive Vice President
Officer, 40.00 hrs/week
$195,420$0$38,212$233,632
President (See Sch O for details)
Director/trustee, officer, 40.00 hrs/week
$200,805$0$28,813$229,618
VP of Academic Affairs
Highest compensated employee, 40.00 hrs/week
$171,013$0$25,400$196,413
Dean of Edu. & Behavioral Sciences
Highest compensated employee, 40.00 hrs/week
$145,826$0$23,906$169,732
Dean, College of Health Professions
Highest compensated employee, 40.00 hrs/week
$144,107$0$24,597$168,704
Gary Tharaldson School of Business
Highest compensated employee, 40.00 hrs/week
$152,958$0$10,999$163,957
School of Edu. & Behavioral Sciences
Highest compensated employee, 40.00 hrs/week
$142,420$0$19,980$162,400
VP for Financial Affairs (July)
Officer, 40.00 hrs/week
$100,736$0$17,865$118,601

54 people received more than $100,000 in reportable compensation from University of Mary (Part VII, line 2). Compensation of current officers, directors and key employees totaled $621K (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$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$112M$99M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$112M$99M84.4%$207M$233,632
FY2024 ⓘ$127M$101M85.8%$190M$222,959
FY2023 ⓘ$96M$90M82.9%$159M$217,546
FY2022 ⓘ$104M$85M83.2%$150M$211,043
FY2021 ⓘ$95M$79M82.0%$142M$209,319
FY2020 ⓘ$80M$79M82.2%$117M$230,744

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–1b29 · 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 26Yes
  • 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 14bYes
  • Employees Part I, line 51,397
  • Volunteers Part I, line 628

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Compass Group USA Inc
Dining Services
$5,456,259
Dynamic Campus Solutions Inc
IT Services
$2,796,341
I&S Group
Professional Services-Eng/Arch
$1,292,727
Eide Bailly LLP
Professional Services-Accountant
$608,447
Jenzabar Inc
Software Maintenance
$536,149

Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.

Private foundation grants it received

25 private foundations reported grants to University of Mary totaling $2.4M 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 University of Mary's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Mary, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Dakota

Questions people ask

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

In the fiscal year ending June 30, 2025, University of Mary reported that 84.4% of its $98.5 million in expenses went to program services, 10.0% to management and general and 5.6% to fundraising (Form 990, Part IX).

How much does University of Mary pay its top executive?

The largest total compensation University of Mary reported for one person in the fiscal year ending June 30, 2025 was $233,632, for the role of Executive Vice President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University of Mary get its money?

Of $111.6 million in revenue in the fiscal year ending June 30, 2025, 15.8% came from contributions and grants (including 0.8% from government grants) and 79.9% from program service revenue (Form 990, Part VIII).

Is University of Mary a registered charity?

The IRS lists EIN 45-0273403 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 202641319349303304 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349302866 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441349349308759 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349308813 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349302849 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131059349300733 · read the filing

All filings for EIN 45-0273403: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.