The University Corporation
The University Corporation reported $60.5 million in revenue and $54.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.33 went to program services, $6.67 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.9% of the total. The highest compensation it reported for one person was $635,639 (CHAIR). 10 people received more than $100,000 in reportable compensation. Revenue rose 15% 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 $54MFor 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 $60MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.7% | 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 | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $635,639 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.17% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 10 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 17 | 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 expenseGrants and contracts administration - the University Corporation provides post-award administration of sponsored programs. Working with the university's office of research and sponsored projects, the corporation sponsored programs division provides support to principal investigators and project staff with interpretation of regulations, processing of expenses, payroll, human resources, risk management, financial reporting, management of audits and other services in support of externally funded programs. After deducting all direct costs of the sponsored programs department, a reserve allocation…
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 |
|---|---|---|---|---|
| CHAIR Director/trustee, officer, 0.20 hrs/week | $0 | $546,859 | $88,780 | $635,639 |
| RECORDING SECRETARY Director/trustee, officer, 0.20 hrs/week | $0 | $330,800 | $126,836 | $457,636 |
| PRESIDENT Officer, 32.00 hrs/week | $0 | $225,477 | $79,837 | $305,314 |
| DIRECTOR Director/trustee, 0.20 hrs/week | $0 | $190,299 | $88,738 | $279,037 |
| DIRECTOR Director/trustee, 0.20 hrs/week | $0 | $198,285 | $51,276 | $249,561 |
| DIRECTOR Director/trustee, 0.20 hrs/week | $0 | $158,116 | $62,596 | $220,712 |
| FIRST VICE PRESIDENT Director/trustee, officer, 0.20 hrs/week | $0 | $144,065 | $68,522 | $212,587 |
| ASSOCIATE EXEC. DIR. ADMIN SERVICES Highest compensated employee, 40.00 hrs/week | $133,508 | $0 | $48,909 | $182,417 |
10 people received more than $100,000 in reportable compensation from The University Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $150K (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–1b17 · 8 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 11aNo
- 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 51,332
- Volunteers Part I, line 67
Correct a figure or respond
Every number above is copied from The University Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The University Corporation, you can publish a response that is linked from this page.
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Of every $100 The University Corporation spent in FY2025, $93.33 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of The University Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, The University Corporation reported that 93.3% of its $54.4 million in expenses went to program services, 6.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The University Corporation pay its top executive?
The largest total compensation The University Corporation reported for one person in the fiscal year ending June 30, 2025 was $635,639, for the role of CHAIR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The University Corporation get its money?
Of $60.5 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 94.9% from program service revenue (Form 990, Part VIII).
Is The University Corporation a registered charity?
The IRS lists EIN 95-1992732 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 202611339349300111 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349306981 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431369349301918 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301229349300500 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220359349300707 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120899349300122 · read the filing
All filings for EIN 95-1992732: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.