Duquesne University Of The Holy Spirit
- Assets
- $1.0b
- Revenue
- $444.4m
- Investments
- $402.3m
- Employees
- 4,059
- Location
- Pittsburgh, PA
- Founding
- 05/1937
- Data as of
- 06/2021
- EIN
- 25-1035663
Organization Overview
Duquesne University Of The Holy Spirit is located in Pittsburgh, PA. The organization was established in 1937. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Duquesne University Of The Holy Spirit employed 4,059 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Duquesne University Of The Holy Spirit is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Duquesne University Of The Holy Spirit generated $444.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $431.3m during the year ending 06/2021. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Duquesne University Of The Holy Spirit has awarded 16 individual grants totaling $384,740. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DUQUESNE UNIVERSITY OF THE HOLY SPIRIT IS A CATHOLIC UNIVERSITY, FOUNDED (CONTINUED ON SCH O) BY MEMBERS OF THE CONGREGATION OF THE HOLY SPIRIT, THE SPIRITANS, AND SUSTAINED THROUGH A PARTNERSHIP OF LAITY AND RELIGIOUS. DUQUESNE SERVES GOD BY SERVING STUDENTS-THROUGH COMMITMENT TO EXCELLENCE IN LIBERAL AND PROFESSIONAL EDUCATION, THROUGH PROFOUND CONCERN FOR MORAL AND SPIRITUAL VALUES, THROUGH THE MAINTENANCE OF AN ECUMENICAL ATMOSPHERE OPEN TO DIVERSITY, AND THROUGH SERVICE TO THE CHURCH, THE COMMUNITY, THE NATION AND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS, GENERAL/OTHER: INSTRUCTION - SCHOOL OF LIBERAL ARTS, BUSINESS ADMINISTRATION, EDUCATION, MUSIC, HEALTH SCIENCES, PHARMACY, LAW, NATURAL AND ENVIRONMENTAL SCIENCES, NURSING (8,333 STUDENTS). (4 FUNDING AGENCIES)
AUXILIARY/STUDENT SERVICES: STUDENT SERVICES PROGRAMS, STUDENT SERVICES, INSTITUTIONAL SUPPORT, AND AUXILIARY ENTERPRISES (10,747 STUDENTS AND EMPLOYEES) UNIVERSITY COMMUNITY AND ROOM & BOARD, FOOD SERVICE, INTERCOLLEGIATE ATHLETICS, PARKING EVENTS, CONFERENCES. (5 FUNDING AGENCIES)
EDUCATIONAL DELIVERY, ACADEMIC SUPPORT - LIBRARY, DEANS OFFICE, PROVOST OFFICES, CATALOGS, COMMENCEMENT, CLERGY RESIDENCE, INCLUDING 9,282 STUDENTS AND FACULTY. (12 FUNDING AGENCIES)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth G Gormley President Ex Officio Board | OfficerTrustee | 55 | $572,512 |
Rev Raymond French Cssp Sr VP Mission Board Exofficio | OfficerTrustee | 55 | $0 |
Rev William Christy Corp Board Vice Exofficio | Trustee | 2 | $0 |
Rev John A Sawicki Cssp Corp Board Sec Exofficio | Trustee | 2 | $0 |
John R Mcginley Jr Board Member And Chairman | OfficerTrustee | 2 | $0 |
Diane L Hupp Board Member And Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eat'n Park Hospitality Group Inc Food Service | 6/29/22 | $12,904,999 |
Pj Dick Incorporated Construction | 6/29/22 | $5,613,087 |
Rycon Construction Inc Construction | 6/29/22 | $3,245,142 |
Aims Group Inc Construction | 6/29/22 | $1,122,031 |
S-l-a-m Collaborative Inc Professional Services | 6/29/22 | $949,746 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,103,381 |
| Investment income | $9,589,233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $170,641 |
| Net Rental Income | $248,952 |
| Net Gain/Loss on Asset Sales | $7,472,675 |
| Net Income from Fundraising Events | $55,621 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $74,157 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $444,411,178 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $132,971,007 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,004,210 |
| Compensation to disqualified persons | $470,313 |
| Other salaries and wages | $136,986,102 |
| Pension plan accruals and contributions | $665,754 |
| Other employee benefits | $24,891,675 |
| Payroll taxes | $9,046,690 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,724,796 |
| Fees for services: Accounting | $190,551 |
| Fees for services: Lobbying | $183,816 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,083,521 |
| Fees for services: Other | $19,180,634 |
| Advertising and promotion | $2,974,890 |
| Office expenses | $12,327,699 |
| Information technology | $6,682,051 |
| Royalties | $162 |
| Occupancy | $16,743,010 |
| Travel | $2,403,678 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $152,563 |
| Interest | $4,876,074 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,603,111 |
| Insurance | $1,585,670 |
| All other expenses | $0 |
| Total functional expenses | $431,300,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $86,562,884 |
| Pledges and grants receivable | $14,330,149 |
| Accounts receivable, net | $32,050,729 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $777,559 |
| Prepaid expenses and deferred charges | $9,067,242 |
| Investments—publicly traded securities | $194,604,960 |
| Investments—other securities | $402,280,418 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,542,180 |
| Total assets | $1,037,258,014 |
| Accounts payable and accrued expenses | $48,776,014 |
| Grants payable | $0 |
| Deferred revenue | $39,391,789 |
| Tax-exempt bond liabilities | $191,330,022 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,923,651 |
| Total liabilities | $297,421,476 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $739,836,538 |
Grants Awarded
Over the last fiscal year, Duquesne University Of The Holy Spirit has awarded $54,330 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT PURPOSE: PROGRAM SUPPORT | $30,096 |
PITTSBURGH COUNCIL OF HIGHER EDUCATION PURPOSE: PROGRAM SUPPORT | $24,234 |