Southwestern University
Southwestern University reported $132.0 million in revenue and $125.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.45 went to program services, $16.07 to management and general costs and $1.48 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.7% of the total. The highest compensation it reported for one person was $900,373 (TRUSTEE & PRESIDENT). 35 people received more than $100,000 in reportable compensation. Revenue rose 12% 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 $125MFor 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 $132MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.18 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 68.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $900,373 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.72% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 35 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 54.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 35 of 36 | 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 expenseInstructional services and financial assistance: the university's primary mission is fostering a liberal arts educational community of the highest caliber. The university seeks to develop a community of scholars in both its faculty and student body that is self-critical and tough-minded, and that maintains rigorous academic standards. Though its paideia program, the university transcends conventional approaches to teaching and learning through a student-driven, faculty-led experience. The program emphasizes intellectual curiosity, promotes connections between academic courses, offers…
Student services: the university seeks to support its primary academic mission through robust student services for its primarily residential liberal arts campus. Student services include the police department, student activities, residential life administration, career counseling services, student health and counseling services, ncaa iii athletics, intramural sports, and other services vital to support a residential academic community of the highest caliber and quality
Auxiliary enterprises include student residential center operation and food service operations. For this academic year, approximately 68.8% of the student body lived on campus in residential centers. Residential centers include living/learning centers which integrate classroom and other experiences into the residential environment. Food services is provided primarily for residential and non residential student usage, faculty, staff, and guests of the university. Auxiliary enterprises expenses include depreciation, interest, and physical plant expense allocations
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 |
|---|---|---|---|---|
| TRUSTEE & PRESIDENT Director/trustee, officer, 39.90 hrs/week | $745,895 | $0 | $154,478 | $900,373 |
| VP FOR FINANCE & ADMINISTRATION Officer, 39.90 hrs/week | $299,876 | $0 | $33,348 | $333,224 |
| VP FOR STRATEGIC RECRUITMENT & ENROLLMENT Key employee, 40.00 hrs/week | $261,047 | $0 | $37,805 | $298,852 |
| VP FOR UNIVERSITY RELATIONS Key employee, 40.00 hrs/week | $267,303 | $0 | $25,001 | $292,304 |
| DEAN OF THE FACULTY Key employee, 40.00 hrs/week | $245,708 | $0 | $34,305 | $280,013 |
| AVP FOR FINANCE AND ACCOUNTING Highest compensated employee, 40.00 hrs/week | $192,858 | $0 | $13,518 | $206,376 |
| INTERIM VP FOR UNI. RELATIONS & AVP FOR DEV. Key employee, 39.90 hrs/week | $172,792 | $0 | $33,270 | $206,062 |
| AVP FOR INFO TECH AND CIO Key employee, 40.00 hrs/week | $178,459 | $0 | $22,492 | $200,951 |
35 people received more than $100,000 in reportable compensation from Southwestern University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.7M (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–1b36 · 35 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,243
- Volunteers Part I, line 6941
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LINEBECK GROUP LLC Contractor | $16,085,864 |
| TEXAS AIRSYSTEMS LLC Contractor | $5,650,098 |
| ARAMARK SERVICES Food service | $4,788,027 |
| JOERIS GENERAL CONTRACTORS LTD Contractor | $1,885,522 |
| BOLDYN NETWORKS HIGHER ED LLC (APOGEE) Managed network | $861,717 |
Individuals listed as contractors are left out. 36 contractors were paid more than $100,000 in all.
Private foundation grants it received
25 private foundations reported grants to Southwestern University totaling $4.3M 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 Southwestern 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 Southwestern University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Southwestern University spent in FY2025, $82.45 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cal Poly CorporationSan Luis Obispo, CA · revenue $131M · programs 91.3% · FY2025
- Washington CollegeChestertown, MD · revenue $132M · programs 81.0% · FY2025
- Harvard Management CompanyBoston, MA · revenue $131M · programs 94.8% · FY2025
- Mount Saint Mary's UniversityLos Angeles, CA · revenue $132M · programs 84.5% · FY2025
- Harvey Mudd CollegeClaremont, CA · revenue $130M · programs 85.8% · FY2025
Questions people ask
How much of Southwestern University's spending goes to programs?
In the fiscal year ending June 30, 2025, Southwestern University reported that 82.5% of its $125.3 million in expenses went to program services, 16.1% to management and general and 1.5% to fundraising (Form 990, Part IX).
How much does Southwestern University pay its top executive?
The largest total compensation Southwestern University reported for one person in the fiscal year ending June 30, 2025 was $900,373, for the role of TRUSTEE & PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Southwestern University get its money?
Of $132.0 million in revenue in the fiscal year ending June 30, 2025, 7.9% came from contributions and grants (including 0.6% from government grants) and 68.7% from program service revenue (Form 990, Part VIII).
Is Southwestern University a registered charity?
The IRS lists EIN 74-1233796 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 202611299349300616 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511289349302871 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401279349300030 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321289349300802 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211289349300121 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141329349303694 · read the filing
All filings for EIN 74-1233796: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.