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Lynn University

Boca Raton, FL · EIN 59-1023117 · 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

Lynn University reported $159.7 million in revenue and $159.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.59 went to program services, $12.47 to management and general costs and $2.94 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.9% of the total. The highest compensation it reported for one person was $1,178,072 (PRESIDENT). 83 people received more than $100,000 in reportable compensation. Revenue rose 18% 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 $160M

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 $160M

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)
84.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.9%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.45$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
89.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,178,072$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.74%1.28%
People paid over $100,000
Part VII, line 2
838
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.313.3
Independent voting board members
Part VI 1a–1b
11 of 12100.0%

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
$73M expenses · 54.0% of program spending · grants $48M · revenue $42M

The university offers bachelor's and master's degrees and a doctoral degree. The academic program is designed for traditional-aged students, as well as a growing population of adult learners. Lynn University has more than 3,500 students from approximately 100 countries and nearly all 50 states. The university offers 50 undergraduate majors, 15 graduate majors and 40 graduate specializations. Lynn University is proud of its tradition of educating students who assume positions of responsibility and become leaders in their chosen professions. The university is committed to student-centered…

$13M expenses · 9.5% of program spending · revenue $41M

A program of activities complements the academic curriculum. Students choose those activities that will contribute to their personal development and enjoyment - student government, service clubs, sports, and numerous special interest organizations. Social activities include game shows, dances, comedians, live music, international festivals, films, pool parties, sports days, intramural sports, award dinners and novelty entertainment. Individual interests ranging from the fine arts to professional football, baseball, basketball and hockey to gourmet dining can be found in south florida. Lynn…

$27M expenses · 20.3% of program spending · revenue $42M

The university offers eight residence halls that provide living accommodations for the undergraduate and graduate student population. Most students living on campus use the university meal plan provided and the on-campus dining experience includes breakfast, lunch and dinner served daily with unlimited dining at each meal. Commuter students, faculty, staff and visitors can purchase block meal plans. The Lynn University campus store offers school-branded clothing, accessories, and various other supplies

$22M 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
PRESIDENT
Director/trustee, officer, 40.00 hrs/week
$882,446$0$295,626$1,178,072
CHIEF STRATEGY & TECH OFFICER
Officer, 40.00 hrs/week
$533,291$0$61,330$594,621
VP FOR ENROLLMENT MANAGEMENT
Key employee, 40.00 hrs/week
$470,529$0$27,428$497,957
VP FOR ACADEMIC AFFAIRS
Key employee, 40.00 hrs/week
$317,364$0$53,900$371,264
CHIEF MARKETING OFFICER
Highest compensated employee, 40.00 hrs/week
$264,649$0$43,691$308,340
ACADEMIC DEAN
Highest compensated employee, 40.00 hrs/week
$237,076$0$28,769$265,845
GENERAL COUNSEL
Officer, 40.00 hrs/week
$227,340$0$29,562$256,902
VP FOR STUDENT LIFE
Highest compensated employee, 40.00 hrs/week
$236,734$0$18,554$255,288

83 people received more than $100,000 in reportable compensation from Lynn University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (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$160M$160M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$160M$160M84.6%$138M$1,178,072
FY2024 ⓘ$150M$151M84.5%$134M$978,336
FY2023 ⓘ$146M$147M81.3%$129M$1,090,137
FY2022 ⓘ$138M$133M82.9%$127M$993,731
FY2021 ⓘ$120M$119M82.2%$123M$864,671
FY2020 ⓘ$135M$127M86.6%$113M$1,245,982

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–1b12 · 11 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 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 51,526
  • Volunteers Part I, line 656

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SODEXO INC
Food services
$6,298,063
KAPLAN INC
Student recruitment
$2,856,334
EAB GLOBAL INC
It marketing services
$2,552,725
UNITEDHEALTHCARE STUDENT RESOURCE
Student insurance
$2,085,921
TRANE US INC
Chiller/hvac maintenance
$2,062,609

Individuals listed as contractors are left out. 58 contractors were paid more than $100,000 in all.

Private foundation grants it received

38 private foundations reported grants to Lynn University totaling $762K 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 Lynn 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 Lynn University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Florida

Questions people ask

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

In the fiscal year ending June 30, 2025, Lynn University reported that 84.6% of its $159.8 million in expenses went to program services, 12.5% to management and general and 2.9% to fundraising (Form 990, Part IX).

How much does Lynn University pay its top executive?

The largest total compensation Lynn University reported for one person in the fiscal year ending June 30, 2025 was $1,178,072, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lynn University get its money?

Of $159.7 million in revenue in the fiscal year ending June 30, 2025, 6.6% came from contributions and grants (including 0.5% from government grants) and 89.9% from program service revenue (Form 990, Part VIII).

Is Lynn University a registered charity?

The IRS lists EIN 59-1023117 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 202630779349301608 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520529349301852 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410469349300841 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300559349301700 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240489349300819 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100849349300905 · read the filing

All filings for EIN 59-1023117: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.