University Of Indianapolis
- Assets
- $281.4m
- Revenue
- $200.5m
- Investments
- $16.5m
- Employees
- 2,245
- Location
- Indianapolis, IN
- Founding
- 02/1952
- Data as of
- 06/2022
- 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 06/2022, University Of Indianapolis employed 2,245 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 06/2022, University Of Indianapolis generated $200.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $202.8m during the year ending 06/2022. While expenses have increased by 4.6% 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 2018, University Of Indianapolis has awarded 87 individual grants totaling $7,978,213. 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
2022
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 4,980 UNDERGRADUATE STUDENTS AND 1,260 GRADUATE STUDENTS, THE UNIVERSITY OF INDIANAPOLIS (UINDY) AWARDS MORE DOCTORAL DEGREES THAN ALL BUT FIVE OF THE LARGEST UNIVERSITIES IN INDIANA. UINDY PRODUCES MORE PHYSICAL THERAPISTS AND CLINICAL PSYCHOLOGISTS THAN ANY OTHER UNIVERSITY IN THE STATE. UINDY HAS A STUDENT-TO-FACULTY RATIO OF 11 TO 1 AND AN AVERAGE CLASS SIZE OF 16 STUDENTS. IN A NATIONAL SURVEY OF COLLEGE STUDENTS, UINDY FACULTY RANK NEAR THE TOP IN ACCESSIBILITY AND HELPFULNESS. IN ADDITION, OUR SENIOR STUDENTS RANK US SIGNIFICANTLY HIGHER THAN OUR PEERS IN COLLABORATIVE LEARNING AND QUANTITATIVE REASONING. ALMOST TWO THIRDS OF REPORTING FRESHMAN REPORT HAVING COMPLETED AT LEAST ONE HIGH IMPACT PRACTICE SUCH AS SERVICE LEARNING, LEARNING COMMUNITY OR RESEARCH WITH FACULTY. BY THEIR SENIOR YEAR, VIRTUALLY ALL STUDENTS HAVE COMPLETED A HIGH IMPACT PRACTICE AND OVER 85% HAVE COMPLETED MORE THAN ONE. UINDY'S CENTER OF EXCELLENCE IN LEADERSHIP OF LEARNING SUPPORTS TRANSFORMATIONAL CHANGE IN EDUCATION. UINDY'S CENTER FOR AGING & COMMUNITY HAS BEEN PROVIDING EDUCATION, POLICY INPUT, AND TRAINING TO NURSING HOMES, GOVERNMENT AGENCIES, AND INDIVIDUALS FOR OVER 20 YEARS ON REAL-WORLD PROBLEMS RELATED TO AGING. THE UNIVERSITY HAS AFFILIATIONS IN CHINA, INCLUDING A PARTNERSHIP WITH NINGBO INSTITUTE OF TECHNOLOGY. THE UNIVERSITY HAS A UNIQUE PARTNERSHIP WITH THE INDIANAPOLIS-BASED AMERICAN PIANIST ASSOCIATION INCLUDING HAVING KENNY BROGERG, THE 2021 AMERICAN PIANISTS AWARD WINNER, AS ARTIST-IN-RESIDENCE. THE 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. THE AU HO-NIEN MUSEUM FEATURES 45 PIECES OF PAINTING, POETRY AND CALLIGRAPHY BY MASTER AU HO-NIEN WHO COMBINES TRADITIONAL CHINESE PAINTING WITH WESTERN PERSPECTIVE.
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.
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 THE NEEDS OF SPECIFIC STUDENTS SUCH AS FIRST YEAR MENTORS OR OUR BACCALAUREATE FOR UNIVERSITY OF INDIANAPOLIS LEARNING DISABLED (BUILD) PROGRAM. THE SERVICES OF THESE PROGRAMS ARE AVAILABLE TO STUDENTS ON REQUEST. IN FY22 AND FY21, RESPECTIVELY, $6,762,511 AND $2,795,275 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary & Chair Of Future Planning | OfficerTrustee | 1 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 1 | $0 |
Name Not Listed President & Trustee | OfficerTrustee | 40 | $520,757 |
Name Not Listed Trustee (began May 2021) | Trustee | 1 | $0 |
Name Not Listed Trustee And Vice Chair Of Future Planning | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quest Food Management Services Outsourced Food Services | 6/29/22 | $5,918,561 |
Fa Wilhelm Construction Company Construction Services | 6/29/22 | $2,499,633 |
Caldwell Vanriper Marketing Services | 6/29/22 | $683,521 |
Community Occupation Health Health Clinic Services | 6/29/22 | $619,253 |
Free Enterprise Systems Transportation Services | 6/29/22 | $451,541 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,163 |
| Related organizations | $0 |
| Government grants | $20,526,153 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,524,494 |
| Noncash contributions included in lines 1a–1f | $121,041 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,077,810 |
| Total Program Service Revenue | $166,282,394 |
| Investment income | $3,001,354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $350,677 |
| Net Gain/Loss on Asset Sales | $2,615,519 |
| Net Income from Fundraising Events | -$18,157 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $200,536,938 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,094,324 |
| Grants and other assistance to domestic individuals. | $77,605,787 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,212,694 |
| Compensation of current officers, directors, key employees. | $701,588 |
| Compensation to disqualified persons | $106,158 |
| Other salaries and wages | $52,360,808 |
| Pension plan accruals and contributions | $1,480,383 |
| Other employee benefits | $10,138,261 |
| Payroll taxes | $3,723,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $177,714 |
| Fees for services: Accounting | $112,790 |
| Fees for services: Lobbying | $5,015 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $410,060 |
| Fees for services: Other | $4,039,738 |
| Advertising and promotion | $1,382,606 |
| Office expenses | $7,258,819 |
| Information technology | $3,304,594 |
| Royalties | $0 |
| Occupancy | $6,627,966 |
| Travel | $1,806,654 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $345,329 |
| Interest | $3,907,933 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,759,060 |
| Insurance | $1,199,042 |
| All other expenses | $695,366 |
| Total functional expenses | $202,774,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,248,284 |
| Pledges and grants receivable | $3,516,960 |
| Accounts receivable, net | $4,842,399 |
| 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 | $1,414,914 |
| Net Land, buildings, and equipment | $130,443,181 |
| Investments—publicly traded securities | $85,378,614 |
| Investments—other securities | $16,484,737 |
| Investments—program-related | $1,350,602 |
| Intangible assets | $0 |
| Other assets | $2,671,480 |
| Total assets | $281,351,171 |
| Accounts payable and accrued expenses | $9,721,014 |
| Grants payable | $0 |
| Deferred revenue | $3,453,130 |
| Tax-exempt bond liabilities | $54,820,932 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $38,770,598 |
| Unsecured mortgages and notes payable | $1,427,946 |
| Other liabilities | $5,908,133 |
| Total liabilities | $114,101,753 |
| Net assets without donor restrictions | $28,050,971 |
| Net assets with donor restrictions | $139,198,447 |
| 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 | $281,351,171 |
Grants Awarded
Over the last fiscal year, University Of Indianapolis has awarded $3,517,903 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
CROTHERSVILLE COMMUNITY SCHOOLS PURPOSE: Grants to cover the cost of supplies, equipment, and teacher stipends | $65,269 |
ANDERSON UNIVERSITY PURPOSE: Model Development, Process Improvement, Data Resources and Intervention Development | $522,077 |
COMMUNITY SCHOOL CORP OF SOUTHERN H PURPOSE: Grants to cover the cost of supplies, equipment, and teacher stipends | $171,604 |
DELAWARE COMMUNITY SCHOOL CORP PURPOSE: Grants to cover the cost of supplies, equipment, and teacher stipends | $6,250 |
FRANKLIN COUNTY COMMUNITY SCHOOL CO PURPOSE: Grants to cover the cost of supplies, equipment, and teacher stipends | $35,450 |
FRONTIER SCHOOL CORPORATION PURPOSE: Regional Collaborative Projects | $16,005 |