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Multnomah University

Portland, OR · EIN 93-0398802 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2024 (tax year 2023) · View the filing · Correct or respond

Multnomah University reported $17.8 million in revenue and $32.5 million in expenses for the fiscal year ending June 30, 2024. Of every $100 it spent, $84.36 went to program services, $14.83 to management and general costs and $0.81 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 53.7% of the total. The highest compensation it reported for one person was $159,127 (President). 3 people received more than $100,000 in reportable compensation. Revenue rose 3% between FY2020 and FY2024. Source: Form 990, FY2024.

Where $100 of spending went

The fiscal year ending June 30, 2024 · Form 990, Part IX, line 25 · total expenses $32M

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, 2024 · Form 990, Part VIII · total revenue $18M

The 990 scorecard · same measures for every charity, no grades

FY2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
43.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
53.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$159,127$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.49%1.28%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.713.3
Independent voting board members
Part VI 1a–1b
2 of 2100.0%

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

FY2024 · Form 990, Part III · the three largest programs by expense
$27M expenses · 100.0% of program spending · grants $19M · revenue $17M

During the current fiscal year the college provided educational programs for approximately 70 seminary and 245 undergraduate & masters students (total 315 students)

Highest reported compensation

FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, 50.00 hrs/week
$155,104$0$4,023$159,127
Vice President
Officer, 50.00 hrs/week
$149,767$0$6,553$156,320
Vice President
Officer, 50.00 hrs/week
$117,106$0$8,597$125,703
Vice President
Officer, 50.00 hrs/week
$26,004$0$10,000$36,004

3 people received more than $100,000 in reportable compensation from Multnomah University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $477K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024$18M$32M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2024 ⓘ$18M$32M84.4%$4.7M$159,127
FY2023 ⓘ$14M$20M74.8%$19M$153,479
FY2022 ⓘ$18M$19M67.1%$25M$263,305
FY2021 ⓘ$15M$17M67.4%$27M$194,596
FY2020 ⓘ$17M$19M61.7%$27M$194,844

Governance answers, as filed

FY2024 · 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–1b2 · 2 independent
  • Audited financial statements Part XII 2bNo
  • 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 14bNo
  • Employees Part I, line 5200
  • Volunteers Part I, line 629

Largest outside contractors

FY2024 · Form 990, Part VII, Section B · businesses only
PIONEER COLLEGE CATERERS
Food service
$515,567

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

7 private foundations reported grants to Multnomah University totaling $189K 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 Multnomah 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 Multnomah University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Oregon

Questions people ask

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

In the fiscal year ending June 30, 2024, Multnomah University reported that 84.4% of its $32.5 million in expenses went to program services, 14.8% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does Multnomah University pay its top executive?

The largest total compensation Multnomah University reported for one person in the fiscal year ending June 30, 2024 was $159,127, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Multnomah University get its money?

Of $17.8 million in revenue in the fiscal year ending June 30, 2024, 43.6% came from contributions and grants and 53.7% from program service revenue (Form 990, Part VIII).

Is Multnomah University a registered charity?

The IRS lists EIN 93-0398802 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521369349301312 · read the filing · XML
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431209349300638 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349313305 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349302954 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111329349301126 · read the filing

All filings for EIN 93-0398802: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.