Augsburg University is located in Minneapolis, MN. The organization was established in 1919. 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, Augsburg University employed 1,487 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Augsburg 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, Augsburg University generated $130.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $137.4m during the year ending 05/2023. While expenses have increased by 3.5% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE LUTHERAN FOUR-YEAR UNIVERSITY LOCATED IN DOWNTOWN MINNEAPOLIS.
Describe the Organization's Program Activity:
POSTSECONDARY EDUCATIONSET IN A VIBRANT NEIGHBORHOOD NEAR DOWNTOWN MINNEAPOLIS, AUGSBURG UNIVERSITY OFFERS MORE THAN 50 UNDERGRADUATE MAJORS AND 11 GRADUATE DEGREES TO NEARLY 3,200 STUDENTS OF DIVERSE BACKGROUNDS. THE TRADEMARKS OF AN AUGSBURG EDUCATION ARE AN EMPHASIS ON DIRECT, PERSONAL EXPERIENCE, AND A DEEP COMMITMENT TO EDUCATING STUDENTS AT THE INTERSECTIONS OF FAITH, LEARNING, AND SERVICE. AUGSBURG IS RECOGNIZED AS ONE OF THE COUNTRY'S LEADING INSTITUTIONS FOR COMMUNITY ENGAGEMENT AND RANKS AMONG THE TOP PRODUCERS OF NATIONAL AND INTERNATIONAL STUDENT FELLOWSHIP AWARDEES, INCLUDING FULBRIGHT AND GOLDWATER SCHOLARS. INTENTIONAL DIVERSITY IS A KEY FOCUS OF AUGSBURG'S WORK AND COMMUNITY. THE UNIVERSITY HAS EARNED THE MILITARY FRIENDLY SCHOOL DESIGNATION AS WELL AS A TOP 40 LGBTQ FRIENDLY COLLEGE. IN 2020, AUGSBURG WAS NAMED AMONG THE INAUGURAL RECIPIENTS OF CAMPUS COMPACT'S AWARD FOR INSTITUTIONAL TRANSFORMATION. GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH, AUGSBURG DEMONSTRATES EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES AND EDUCATES STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS.
ACADEMIC SUPPORT AND STUDENT SERVICESAUGSBURG UNIVERSITY PROVIDES INNOVATIVE PROGRAMMING AND SUPPORT SERVICES TO A DIVERSE COMMUNITY OF NEARLY 3,200 UNDERGRADUATE AND GRADUATE LEARNERS. AS AN EXAMPLE, THE GAGE CENTER FOR STUDENT SUCCESS PROVIDES ADVISING, TUTORING, AND OTHER ACADEMIC SUPPORT SERVICES TO ALL UNDERGRADUATE AND GRADUATE STUDENTS. THE GAGE CENTER INCLUDES THE CENTER FOR LEARNING AND ACCESSIBLE STUDENT SERVICES, ACADEMIC SPECIALISTS WHO PROVIDE INDIVIDUALIZED ACCOMMODATIONS FOR STUDENTS WITH COGNITIVE, LEARNING, AND PHYSICAL DISABILITIES. IN ADDITION, STEPUP AUGSBURG'S INNOVATIVE, NATIONALLY RECOGNIZED RESIDENTIAL COLLEGE RECOVERY PROGRAM SUPPORTS 70-100 STUDENTS EACH YEAR WITH COUNSELING, SUBSTANCE-FREE HOUSING, AND LEADERSHIP DEVELOPMENT. THROUGH THE INTEGRATED SERVICES OF THE ENROLLMENT CENTER, STUDENTS AND FAMILIES CAN RECEIVE COUNSELING AND SUPPORT WITH TUITION PAYMENT PLANS, SCHOLARSHIPS, FINANCIAL AID, AND REGISTRATION. NEARLY HALF OF ALL AUGSBURG STUDENTS PARTICIPATE IN SPORTS AT THE INTERCOLLEGIATE OR INTRAMURAL LEVEL AND STUDENTS CAN ALSO PARTICIPATE IN ONE OF AUGSBURG'S 50 STUDENT ORGANIZATIONS. STUDENTS ARE ALSO SUPPORTED ACADEMICALLY BY THE LINDELL LIBRARY WHICH AS NEARLY 500,000 BOOKS AND E-BOOKS, 150,000 STREAMING VIDEOS AND AUDIO FILES, AND MORE THAN 200 DATABASES WITH ACCESS TO ANOTHER 500 MILLION TITLES WORLDWIDE THROUGH THE OCLC WORLDCAT DATABASE.
AUXILIARY SERVICESAUGSBURG UNIVERSITY'S RESIDENCE LIFE PROGRAM SEEKS TO DEVELOP RESIDENTS WHO ARE BOTH STUDENTS AND NEIGHBORS IN AN URBAN COLLEGIATE SETTING. THE UNIVERSITY HAS FIVE RESIDENCE HALLS AND THREE DINING VENUES. DURING FALL 2022, AUGSBURG WAS HOME TO OVER 750 STUDENTS, WITH NEARLY 600 PARTICIPATING IN STUDENT MEAL PLANS. AUGSBURG'S DINING SERVICES PROVIDE A WIDE VARIETY OF MEALS THAT MEET NUTRITIONAL AND CULTURAL REQUIREMENTS AND EDUCATE STUDENTS ABOUT NUTRITION AND SUSTAINABLE FOOD PRACTICES. A CAMPUS BOOKSTORE OFFERS A VARIETY OF GOODS FOR STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Pribbenow President | OfficerTrustee | 40 | $392,199 |
Dennis Meyer Chair | OfficerTrustee | 2 | $0 |
Jill Thomas Vice Chair | OfficerTrustee | 2 | $0 |
Karen Durant Treasurer | OfficerTrustee | 2 | $0 |
John O'brien Secretary | OfficerTrustee | 2 | $0 |
Sylvia Bartley Regent | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Metropolitan Mechanical Contractor Mechanical Services | 5/30/23 | $405,881 |
Loffler Companies Inc Copier And Print Services | 5/30/23 | $346,452 |
Paragon Development Systems Inc Equipment And Services | 5/30/23 | $213,191 |
Century College Grant Sub-contractor | 5/30/23 | $202,275 |
Aladdin Food Management Services Llc Food Service | 5/30/23 | $2,298,565 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $165,179 |
Related organizations | $0 |
Government grants | $3,449,747 |
All other contributions, gifts, grants, and similar amounts not included above | $8,222,237 |
Noncash contributions included in lines 1a–1f | $1,066,922 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,837,163 |
Total Program Service Revenue | $116,844,752 |
Investment income | $266,096 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $30,038 |
Net Gain/Loss on Asset Sales | $739,392 |
Net Income from Fundraising Events | $368,995 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$4,294 |
Miscellaneous Revenue | $0 |
Total Revenue | $130,082,142 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $55,949,861 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,310,339 |
Compensation of current officers, directors, key employees. | $872,100 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $38,809,921 |
Pension plan accruals and contributions | $2,041,327 |
Other employee benefits | $4,084,443 |
Payroll taxes | $2,723,615 |
Fees for services: Management | $0 |
Fees for services: Legal | $218,205 |
Fees for services: Accounting | $90,330 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $148,456 |
Fees for services: Other | $7,349,615 |
Advertising and promotion | $200,660 |
Office expenses | $2,191,778 |
Information technology | $1,756,276 |
Royalties | $0 |
Occupancy | $3,912,362 |
Travel | $2,595,617 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,406,119 |
Interest | $2,539,997 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,650,227 |
Insurance | $1,235,366 |
All other expenses | $101,708 |
Total functional expenses | $137,384,183 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,306,806 |
Savings and temporary cash investments | $4,129,966 |
Pledges and grants receivable | $5,487,737 |
Accounts receivable, net | $5,623,680 |
Loans from Officers, Directors, or Controlling Persons | $515,452 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,645,283 |
Inventories for sale or use | $37,711 |
Prepaid expenses and deferred charges | $1,357,920 |
Net Land, buildings, and equipment | $109,720,790 |
Investments—publicly traded securities | $39,902,235 |
Investments—other securities | $31,437,256 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,783,543 |
Total assets | $215,948,379 |
Accounts payable and accrued expenses | $13,766,671 |
Grants payable | $0 |
Deferred revenue | $6,295,776 |
Tax-exempt bond liabilities | $55,668,547 |
Escrow or custodial account liability | $746,936 |
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 | $5,919,568 |
Total liabilities | $82,397,498 |
Net assets without donor restrictions | $52,195,878 |
Net assets with donor restrictions | $81,355,003 |
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 | $215,948,379 |