University Of Indianapolis
- Assets
- $306.2m
- Revenue
- $207.1m
- Investments
- $15.4m
- Employees
- 2,325
- Location
- Indianapolis, IN
- Founding
- 02/1952
- Data as of
- 06/2021
- EIN
- 35-0868107
Organization Overview
University Of Indianapolis is located in Indianapolis, IN. The organization was established in 1952. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, University Of Indianapolis employed 2,325 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Indianapolis 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, University Of Indianapolis generated $207.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $186.5m during the year ending 06/2021. While expenses have increased by 3.9% per year over the past 6 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 2018, University Of Indianapolis has awarded 54 individual grants totaling $4,460,310. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE UNIVERSITY OF INDIANAPOLIS IS TO PREPARE ITS GRADUATES FOR EFFECTIVE MEMBERSHIP IN THE SOCIETIES IN WHICH THEY LIVE AND SERVE, AND FOR EXCELLENCE AND LEADERSHIP IN THEIR LIVES.
Describe the Organization's Program Activity:
WITH 5,600 UNDERGRADUATE STUDENTS AND 1,400 GRADUATE STUDENTS, THE UNIVERSITY OF INDIANAPOLIS (UINDY) AWARDS MORE DOCTORAL DEGREES THAN ALL BUT FOUR OF THE LARGEST UNIVERSITIES IN INDIANA. UINDY PRODUCES MORE PHYSICAL THERAPISTS, OCCUPATIONAL THERAPISTS, AND CLINICAL PSYCHOLOGISTS THAN ANY OTHER UNIVERSITY IN THE STATE. UINDY HAS A STUDENT-TO-FACULTY RATIO OF 13 TO 1 AND AN AVERAGE CLASS SIZE OF 17 STUDENTS. THE BOARD OF TRUSTEES HAS APPROVED A FIVE-YEAR PLAN OF CAPITAL PROJECTS AND EDUCATIONAL ENHANCEMENTS THAT COMPRISE A $50 MILLION INVESTMENT IN THE UNIVERSITY AND THE NEIGHBORING COMMUNITY. IN A NATIONAL SURVEY OF COLLEGE STUDENTS, UINDY FACULTY RANK NEAR THE TOP IN ACCESSIBILITY AND HELPFULNESS. IN ADDITION, GRADUATING SENIORS ARE MORE SATISFIED WITH THEIR EDUCATIONAL EXPERIENCE THAN THEIR COUNTERPARTS AT SIMILAR UNIVERSITIES. UINDY'S CENTER OF EXCELLENCE IN LEADERSHIP OF LEARNING SUPPORTS TRANSFORMATIONAL CHANGE IN EDUCATION. UINDY'S CENTER FOR AGING & COMMUNITY IS BREAKING NEW GROUND WITH RESEARCH ON THE AGING OF THE WORKFORCE AND THE IMPLICATIONS FOR EMPLOYERS AND EMPLOYEES ALIKE. THE UNIVERSITY HAS AFFILIATIONS IN CHINA, INCLUDING A PARTNERSHIP WITH NINGBO INSTITUTE OF TECHNOLOGY. THE UNIVERSITY HAS CLOSE TIES TO THE INDIANAPOLIS SYMPHONY ORCHESTRA AS WELL. RETIRED ISO CONDUCTOR RAYMOND LEPPARD IS ARTIST-IN-RESIDENCE, AND 11 ISO MUSICIANS TEACH IN UINDY'S DEPARTMENT OF MUSIC. RUTH LILLY PERFORMANCE HALL IN THE CHRISTEL DEHAAN FINE ARTS CENTER, AN INDIANAPOLIS LANDMARK, HAS BEEN RATED ONE OF THE FINEST CONCERT HALLS IN THE MIDWEST. U.S. NEWS & WORLD REPORT RANKS THE UNIVERSITY OF INDIANAPOLIS AMONG THE TOP TIER OF MASTER'S DEGREE-GRANTING INSTITUTIONS IN THE MIDWEST.
THE UNIVERSITY OF INDIANAPOLIS IS DEDICATED TO THE TOTAL DEVELOPMENT OF THE INDIVIDUAL AND THEREFORE PROVIDES ACADEMIC, CAREER, ATHLETIC, PERSONAL, MENTAL HEALTH, AND SPIRITUAL COUNSELING FOR THOSE WHO SEEK IT. THE GOAL OF EACH OF THESE PROGRAMS IS FOR THE STUDENT TO BECOME SELF-SUFFICIENT AND SELF-DIRECTED. THE UNIVERSITY ALSO PROVIDES PROGRAMS DESIGNED TO ENHANCE THE ACADEMIC PROGRAM OR TO ADDRESS THE NEEDS OF SPECIAL GROUPS OF STUDENTS. THE SERVICES OF THESE PROGRAMS ARE AVAILABLE TO STUDENTS ON REQUEST. IN FY21 AND FY20, RESPECTIVELY, $2,795,275 AND $2,264,935 OF EMERGENCY STUDENT SUPPORT GRANTS WERE ISSUED DURING THE YEAR THAT WERE FUNDED BY THE STUDENT PORTION OF THE CARES ACT HEERF GRANT FUNDS.
ACADEMIC SUPPORT INCLUDES THE SERVICES REQUIRED TO SUPPORT THE INSTRUCTIONAL ACTIVITIES OF THE UNIVERSITY INCLUDING: LIBRARY, ACADEMIC COMPUTING SERVICES, FACULTY DEVELOPMENT AND SUPPORT, AUDIO VISUAL SERVICES, AND THE TV AND RADIO STATIONS USED BY STUDENTS FOR ACADEMIC PURPOSES. STUDENT SUPPORT IN THE FORM OF TUTORING, LEARNING LABS, AND FOR LEARNING DISABILITIES IS ALSO PROVIDED.
COMMUNITY SERVICES IS THE PUBLIC SERVICE ARM OF THE UNIVERSITY. IT CONSISTS OF PROVIDING SERVICE TO THE COMMUNITY AT LARGE, ESPECIALLY PROVIDING SERVICES FOR THE AGING THROUGH THE CENTER FOR AGING AND COMMUNITY. THROUGH GRANT AND CONTRACTS WITH THE STATE AND PRIVATE AGENCIES, ASSISTANCE AND TRAINING IS PROVIDED FOR THE AGING BOTH IN QUALITY OF LIVING AND STAYING ENGAGED IN THE WORKFORCE. AUXILIARY SERVICES CONSIST MAINLY OF THE HOUSING AND DINING FACILITIES THAT SERVE STUDENTS ON CAMPUS. THE MAIN FUNCTION IS TO PROVIDE A HEALTHY AND PLEASANT ENVIRONMENT TO ENHANCE THE STUDENTS' ACADEMIC AND SOCIAL NEEDS. IN FY21, THE AUXILLIARY REVENUE IS REDUCED BY $1,698,498 FOR ROOM AND BOARD REFUNDS THAT WERE REFUNDED BY THE INSTITUTIONAL PORTION OF THE CARES ACT HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) GRANT FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee & Chair: Advancement | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quest Food Management Services Outsourced Food Services | 6/29/21 | $4,355,429 |
Fa Wilhelm Construction Company Construction Services | 6/29/21 | $6,415,932 |
Williams Randall Marketing Marketing Services | 6/29/21 | $645,097 |
Community Occupation Health Health Clinic Services | 6/29/21 | $601,576 |
Aaa Roofing Construction Services | 6/29/21 | $514,476 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $45,265 |
| Related organizations | $0 |
| Government grants | $15,136,471 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,340,392 |
| Noncash contributions included in lines 1a–1f | $253,884 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,522,128 |
| Total Program Service Revenue | $166,557,811 |
| Investment income | $2,296,311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $299,368 |
| Net Gain/Loss on Asset Sales | $4,168,280 |
| Net Income from Fundraising Events | $11,189 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,052,087 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,319,312 |
| Grants and other assistance to domestic individuals. | $70,698,016 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,150,024 |
| Compensation of current officers, directors, key employees. | $672,492 |
| Compensation to disqualified persons | $72,612 |
| Other salaries and wages | $53,056,612 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,934,506 |
| Payroll taxes | $3,824,450 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $263,031 |
| Fees for services: Accounting | $108,100 |
| Fees for services: Lobbying | $6,571 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $305,033 |
| Fees for services: Other | $3,769,589 |
| Advertising and promotion | $1,075,179 |
| Office expenses | $4,868,210 |
| Information technology | $3,331,058 |
| Royalties | $0 |
| Occupancy | $5,286,806 |
| Travel | $1,127,516 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $188,307 |
| Interest | $4,053,269 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,512,624 |
| Insurance | $1,152,036 |
| All other expenses | $2,365,313 |
| Total functional expenses | $186,482,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,734,920 |
| Pledges and grants receivable | $3,721,173 |
| Accounts receivable, net | $4,949,860 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,429,904 |
| Net Land, buildings, and equipment | $134,380,592 |
| Investments—publicly traded securities | $104,563,747 |
| Investments—other securities | $15,399,452 |
| Investments—program-related | $2,009,353 |
| Intangible assets | $0 |
| Other assets | $3,036,106 |
| Total assets | $306,225,107 |
| Accounts payable and accrued expenses | $10,270,075 |
| Grants payable | $0 |
| Deferred revenue | $2,580,529 |
| Tax-exempt bond liabilities | $56,107,721 |
| Escrow or custodial account liability | $1,298,342 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $39,736,303 |
| Unsecured mortgages and notes payable | $1,960,515 |
| Other liabilities | $8,531,407 |
| Total liabilities | $120,484,892 |
| Net assets without donor restrictions | $23,113,168 |
| Net assets with donor restrictions | $162,627,047 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $306,225,107 |
Grants Awarded
Over the last fiscal year, University Of Indianapolis has awarded $4,319,310 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
Evansville, IN PURPOSE: Model Development, Process Improvement, Data Resources and Intervention Development | $558,748 |
Anderson, IN PURPOSE: Model Development, Process Improvement, Data Resources and Intervention Development | $522,077 |
St Mary Of The Woods, IN PURPOSE: Model Development, Process Improvement, Data Resources and Intervention Development | $460,106 |
Fort Wayne, IN PURPOSE: Model Development, Process Improvement, Data Resources and Intervention Development | $415,721 |
Indianapolis, IN PURPOSE: Model Development, Process Improvement, Data Resources and Intervention Development | $388,256 |
COMMUNITY SCHOOL CORP OF SOUTHERN H PURPOSE: Device Purchases | $171,604 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that University Of Indianapolis has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Ciara Arts & Science Foundation Inc Indianapolis, IN PURPOSE: EDUCATION | $5,000 |
Ciara Arts & Science Foundation Inc Indianapolis, IN PURPOSE: EDUCATION | $0 |
Endowment Analysis
| Beg. Balance | $109,460,594 |
| Earnings | $29,165,569 |
| Admin Expense | $305,033 |
| Net Contributions | $3,331,403 |
| Other Expense | $3,271,557 |
| Grants | $1,641,685 |
| Ending Balance | $136,739,291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Depaul University Chicago, IL | $1,757,707,866 | $903,291,560 |
Loyola University Of Chicago Chicago, IL | $2,523,912,579 | $813,555,821 |
Marquette University Milwaukee, WI | $1,675,810,000 | $679,500,550 |
Illinois Institute Of Technology Chicago, IL | $730,458,628 | $396,565,185 |
Butler University Indianapolis, IN | $771,199,903 | $355,703,084 |
Bradley University Peoria, IL | $712,945,458 | $238,646,085 |
The Lutheran University Association Inc Valparaiso, IN | $578,078,702 | $192,641,554 |
University Of Indianapolis Indianapolis, IN | $306,225,107 | $207,052,087 |
Webster University St Louis, MO | $393,134,797 | $161,315,329 |
Maryville University Of St Louis St Louis, MO | $289,038,391 | $183,271,161 |
Roosevelt University Chicago, IL | $461,911,353 | $160,424,797 |
Lindenwood College St Charles, MO | $462,352,916 | $128,444,522 |