Arkansas State University System Foundation
Arkansas State University System Foundation reported $32.1 million in revenue and $14.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.36 went to program services, $1.64 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 58.8% of the total. The highest compensation it reported for one person was $157,071 (PRESIDENT). Revenue rose 170% 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 $15MFor 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 $32MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 58.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $157,071 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.06% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 141.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 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 expenseAsu support:the primary purpose of the Arkansas State University System foundation, inc. (the foundation) is to receive, solicit, accept and hold, administer, invest and disburse any and every kind of property for such education, scientific, literary, research and service activities from individuals and organizations, including foundations, government agencies, and private businesses, to support the corporation's activities, and it shall manage endowments given to the corporation for the benefit of all the Arkansas State University System campuses operations, sites and facilities
Asu academic support:the Arkansas State University System foundation, inc. Provides financial assistance to all member campuses of the Arkansas State univeristy system and related entities in support of teaching, research, distance learning, library media services, economic development and outreach programs by supplementing university budgets for supplies and services, travel, equipment, technology, human resources and all other costs related to the university's academic mission
Administrative support:the Arkansas State University System foundation, inc. Provides financial assistance to all member campuses of the Arkansas State univeristy system in support of administrative functions like academic affairs, student affairs, residence life, recruiting, counseling, facilities management, advancement, alumni relations, information technology, career management, disability services ad diversity initiatives by supplementing university budgets for supplies and services, travel, equipment, technology, human resources and all other costs related to the university's academic…
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 Director/trustee, officer, 1.00 hrs/week | $0 | $121,593 | $35,478 | $157,071 |
| BOARD LIASON Director/trustee, officer, 1.00 hrs/week | $0 | $57,014 | $16,597 | $73,611 |
0 people received more than $100,000 in reportable compensation from Arkansas State University System Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $233K (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–1b10 · 10 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 15aNo
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 611
Private foundation grants it received
9 private foundations reported grants to Arkansas State University System Foundation totaling $697K 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 Arkansas State University System Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Arkansas State University System Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Arkansas State University System Foundation spent in FY2025, $98.36 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Pomfret SchoolPomfret, CT · revenue $32M · programs 79.0% · FY2025
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- Hope AcademyMinneapolis, MN · revenue $32M · programs 92.6% · FY2025
- Waynflete SchoolPortland, ME · revenue $32M · programs 82.3% · FY2025
Questions people ask
How much of Arkansas State University System Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Arkansas State University System Foundation reported that 98.4% of its $14.8 million in expenses went to program services, 1.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Arkansas State University System Foundation pay its top executive?
The largest total compensation Arkansas State University System Foundation reported for one person in the fiscal year ending June 30, 2025 was $157,071, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Arkansas State University System Foundation get its money?
Of $32.1 million in revenue in the fiscal year ending June 30, 2025, 58.8% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Arkansas State University System Foundation a registered charity?
The IRS lists EIN 71-0489924 as a 501(c)(3) organization (organization operated for a governmental college or university), 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 202621259349301622 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530919349301418 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349304645 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331309349303838 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349315683 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349305248 · read the filing
All filings for EIN 71-0489924: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.