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Bellarmine University

Also known as Bellarmine University

Louisville, KY · EIN 61-0482955 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Bellarmine University reported $144.5 million in revenue and $148.6 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $88.01 went to program services, $10.35 to management and general costs and $1.64 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.9% of the total. The highest compensation it reported for one person was $493,939 (PRESIDENT). 71 people received more than $100,000 in reportable compensation. Revenue rose 1% 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 $149M

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 May 31, 2025 · Form 990, Part VIII · total revenue $145M

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)
88.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.20$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
85.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$493,939$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.33%1.28%
People paid over $100,000
Part VII, line 2
718
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.113.3
Independent voting board members
Part VI 1a–1b
26 of 26100.0%

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
$97M expenses · 74.5% of program spending · grants $65M · revenue $111M

Instruction: 2,241 students in undergraduate classes; 646 students in graduate classes; 774 students graduated in 2024-2025 academic school year

$7.1M expenses · 5.5% of program spending · grants $530K · revenue $7.2M

Auxiliary housing: auxiliary student housing is the major auxiliary enterprise. Living quarters were provided to 1,005 students in the residence halls. The on-campus food service program and campus store are included in total auxiliary enterprise

$21M expenses · 16.3% of program spending · revenue $5.8M

Student services: the following departments encompass the major areas of the university student services division: student affairs, admissions and enrollment services, office of financial aid, registrar's office, health and counseling services, recreation, and intramural offices

$4.9M 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
Officer, 40.00 hrs/week
$468,154$0$25,785$493,939
HEAD COACH MEN'S BASKETBAL
Highest compensated employee, 40.00 hrs/week
$380,965$0$23,141$404,106
SR. VP ADMIN, STRATGETIC I
Officer, 40.00 hrs/week
$234,147$0$30,019$264,166
VP INSTITUTIONAL ADVANCEME
Officer, 40.00 hrs/week
$233,012$0$29,011$262,023
VP ACADEMIC AFFAIRS & PROVOST
Officer, 40.00 hrs/week
$242,144$0$17,156$259,300
VP FINANCE AND FACILITIES
Officer, 40.00 hrs/week
$226,706$0$16,709$243,415
DEAN, SCHOOL OF BUSINESS
Highest compensated employee, 40.00 hrs/week
$221,162$0$20,983$242,145
VP STUDENT AFFAIRS
Officer, 40.00 hrs/week
$201,583$0$8,508$210,091

71 people received more than $100,000 in reportable compensation from Bellarmine University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (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$145M$149M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$145M$149M88.0%$126M$493,939
FY2024 ⓘ$148M$147M88.8%$129M$487,970
FY2023 ⓘ$136M$147M87.5%$124M$466,587
FY2022 ⓘ$144M$146M88.4%$139M$548,781
FY2021 ⓘ$142M$143M87.0%$149M$559,239
FY2020 ⓘ$143M$139M87.1%$136M$614,589

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–1b26 · 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 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 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,523
  • Volunteers Part I, line 6360

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SODEXO
Food services
$3,991,111
FOLLETT HIGHER EDUCATION GROUP
Campus store
$1,825,202
VARSITY BRANDS HOLDING CO INC
Athletic uniforms
$1,385,790
FACILITIES MANAGEMENT SERVICES
Cleaning services
$1,325,962
MILLER TRANSPORTATION INC
Transportation
$403,458

Individuals listed as contractors are left out. 42 contractors were paid more than $100,000 in all.

Private foundation grants it received

35 private foundations reported grants to Bellarmine University totaling $760K 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 Bellarmine 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 Bellarmine University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Kentucky

Questions people ask

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

In the fiscal year ending May 31, 2025, Bellarmine University reported that 88.0% of its $148.6 million in expenses went to program services, 10.3% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Bellarmine University pay its top executive?

The largest total compensation Bellarmine University reported for one person in the fiscal year ending May 31, 2025 was $493,939, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bellarmine University get its money?

Of $144.5 million in revenue in the fiscal year ending May 31, 2025, 8.4% came from contributions and grants (including 0.8% from government grants) and 85.9% from program service revenue (Form 990, Part VIII).

Is Bellarmine University a registered charity?

The IRS lists EIN 61-0482955 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 202600919349301015 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202510559349301531 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202400839349300520 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202341049349300229 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202231059349301118 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202121059349302042 · read the filing

All filings for EIN 61-0482955: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.