Taylor University

Organization Overview

Taylor University is located in Upland, IN. The organization was established in 1953. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2023, Taylor University employed 1,768 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taylor University 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 05/2023, Taylor University generated $130.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $108.6m during the year ending 05/2023. While expenses have increased by 2.7% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOP SERVANT-LEADERS MARKED WITH A PASSION TO MINISTER CHRIST'S REDEMPTIVE LOVE, GRACE, AND TRUTH TO A WORLD IN NEED.

Describe the Organization's Program Activity:

IN ORDER TO ADVANCE OUR MISSION, TAYLOR UNIVERSITY IS COMMITTED TO THE FOLLOWING PURPOSES: -WHOLE PERSON FOCUSED: WE INVOLVE STUDENTS IN LEARNING EXPERIENCES IMBUED WITH A VITAL CHRISTIAN INTERPRETATION OF TRUTH AND LIFE WHICH FOSTER THEIR INTELLECTUAL, EMOTIONAL, PHYSICAL, VOCATIONAL, SOCIAL, AND SPIRITUAL DEVELOPMENT. -BIBLICALLY ANCHORED: WE BELIEVE THAT ALL TRUTH HAS ITS SOURCE IN GOD AND HIS WORD. WE ARE COMMITTED INDIVIDUALLY AND COLLECTIVELY TO THE PRAYERFUL STUDY AND APPLICATION OF SCRIPTURE. -LIBERAL ARTS GROUNDED: WE PREPARE STUDENTS TO ADAPT TO A FAST-CHANGING WORLD, EQUIPPED WITH CRITICAL THINKING SKILLS, A LIFELONG LOVE OF LEARNING, AND AN APPRECIATION FOR GOD'S CREATION. -CHRIST-CENTERED: OUR CHRISTIAN FAITH SHOULD PERMEATE ALL LEARNING-LEADING TO A CONSISTENT LIFE OF WORSHIP, SERVANT-LEADERSHIP, STEWARDSHIP, AND WORLD OUTREACH. -FAITH AND LEARNING INTEGRATED: WE STRIVE TO CREATE SPECIFIC EXPERIENCES WHERE THE INTEGRATIVE FOCUS OF A CHRISTIAN LIBERAL ARTS EDUCATION IS CLARIFIED, PERSONALIZED, AND APPLIED. -WORLD ENGAGING: WE CONTRIBUTE TO THE ADVANCEMENT OF HUMAN KNOWLEDGE AND UNDERSTANDING AND SERVE THE EVANGELICAL CHRISTIAN CHURCH AND THE LARGER, PUBLIC COMMUNITY FOR THE GLORY OF GOD. -SERVANT-LEADER MOTIVATED: WE FOSTER A BIBLICAL MODEL OF RELATIONSHIPS ACKNOWLEDGING BOTH UNITY AND DIVERSITY OF THE FOLLOWERS OF CHRIST WITHIN A COVENANT COMMUNITY, WHICH CAN BE EVIDENCED IN A CONTINUING LIFESTYLE OF SERVICE TO AND CONCERN FOR OTHERS. AT TAYLOR UNIVERSITY WE ARE ACTIVELY SEEKING STUDENTS WHO POSSESS EXCEPTIONAL ACADEMIC PREPARATION AND ARE READY TO CONTRIBUTE TO OUR ROBUST LEARNING COMMUNITY. THIS YEAR'S INCOMING FRESHMAN CLASS HAD AN AVERAGE GPA OF 3.76 AND AN ACT OF 26. AT TAYLOR UNIVERSITY WE WILL WORK HARD TO PROVIDE THE PEOPLE, THE SERVICES, THE TOOLS, AND THE ENVIRONMENT - IN GENERAL, THE RESOURCES - TO HELP STUDENTS SUCCESSFULLY PURSUE THEIR CALLING. THESE OUTSTANDING STUDENTS HELP US GET NOTICED. TAYLOR UNIVERSITY, YEAR AFTER YEAR, CONTINUES TO RECEIVE RECOGNITION AT THE HIGHEST LEVELS IN THE VARIOUS COLLEGE AND UNIVERSITY RANKINGS. TAYLOR UNIVERSITY TIED FOR THE RANKING OF #3 IN THE CATEGORY BEST REGIONAL COLLEGES-MIDWEST FROM U.S. NEWS & WORLD REPORT AND TAYLOR HAS REMAINED IN THE TOP 3 IN THIS RANKING FOR THE PAST 27 YEARS. U.S. NEWS & WORLD REPORT ALSO RANKED TAYLOR #8 IN BEST VALUE SCHOOLS FOR REGIONAL COLLEGES-MIDWEST. TAYLOR WAS ALSO HIGHLY RANKED BY THE PRINCETON REVIEW AND FORBES. EACH OF THE PUBLICATIONS MEASURED CRITERIA THAT CITED THE ACADEMIC EXCELLENCE OF TAYLOR'S FACULTY AND STUDENTS, (CURRENT RETENTION 91%, GRADUATION RATE 78%), THE PERCENTAGE OF STUDENTS STUDYING ABROAD, AND THE INVESTMENT MADE BY ALUMNI.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Chair
$0
Name Not Listed
President
$525,773
Name Not Listed
Secretary
$0
Name Not Listed
Vice Chair
$0
Name Not Listed
Treasurer
$0
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Parkhurst Dining Llc
Food Services
$2,774,923
Creative Dining Services
Food Services
$1,605,218
Michael Kinder And Sons Inc
Building Construction
$1,537,152
Simmons Roof Maintenance Llc
Roof Construction
$680,435
Dilling Group Inc
Hvac
$616,409
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,660,919
All other contributions, gifts, grants, and similar amounts not included above$29,745,721
Noncash contributions included in lines 1a–1f $606,275
Total Revenue from Contributions, Gifts, Grants & Similar$36,406,640
Total Program Service Revenue$88,485,078
Investment income $4,374,206
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $145,197
Net Gain/Loss on Asset Sales $974,701
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $130,385,822

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$124,103,689
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$130,385,822
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