Webster University
- Assets
- $393.1m
- Revenue
- $161.3m
- Investments
- $13.8m
- Employees
- 2,728
- Location
- St Louis, MO
- Founding
- 05/1970
- Data as of
- 05/2020
- EIN
- 43-0662529
Organization Overview
Webster University is located in St Louis, MO. The organization was established in 1970. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Webster University employed 2,728 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Webster 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 05/2020, Webster University generated $161.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $178.4m during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Webster University has awarded 99 individual grants totaling $1,095,880. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WEBSTER UNIVERSITY, A WORLDWIDE INSTITUTION, ENSURES HIGH QUALITY LEARNING EXPERIENCES THAT TRANSFORM STUDENTS FOR GLOBAL CITIZENSHIP AND INDIVIDUAL EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stroble Elizabeth Chancellor | OfficerTrustee | 38 | $817,194 |
Schuster Julian President | OfficerTrustee | 38 | $704,273 |
Hellerud Nancy Vice President Of Academic Aff | Officer | 38 | $208,080 |
Cummings Simone Dean School Of Business | 38 | $190,523 | |
Rothenbuhler Eric Dean School Of Communication | 38 | $177,580 | |
Steger Paul Dean School Of Fine Arts | 38 | $177,372 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ruffalo Noel Levitz Llc Enrollment Managemen | 5/30/22 | $2,345,632 |
4m Building Solutions Inc Janitorial | 5/30/22 | $1,683,238 |
World Wide Technology Holding Co Technology | 5/30/22 | $1,748,156 |
Atandt Utilities | 5/30/22 | $1,575,488 |
College Univ Risk Mgmt Mo Insurance | 5/30/22 | $1,394,981 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,741,280 |
| Investment income | $5,662,607 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $981,823 |
| Net Gain/Loss on Asset Sales | -$388,335 |
| Net Income from Fundraising Events | -$4,641 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,315,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $34,648,863 |
| Grants and other assistance to Foreign Orgs/Individuals | $621,452 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,662,639 |
| Compensation to disqualified persons | $17,500 |
| Other salaries and wages | $65,440,556 |
| Pension plan accruals and contributions | $3,422,008 |
| Other employee benefits | $8,890,084 |
| Payroll taxes | $4,663,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $638,692 |
| Fees for services: Accounting | $147,653 |
| Fees for services: Lobbying | $77,398 |
| Fees for services: Fundraising | $107,380 |
| Fees for services: Investment Management | $433,893 |
| Fees for services: Other | $5,993,304 |
| Advertising and promotion | $2,503,481 |
| Office expenses | $7,988,027 |
| Information technology | $5,073,811 |
| Royalties | $0 |
| Occupancy | $10,627,394 |
| Travel | $1,354,480 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,121,510 |
| Interest | $3,371,872 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,752,049 |
| Insurance | $2,343,776 |
| All other expenses | $0 |
| Total functional expenses | $178,352,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,451,746 |
| Savings and temporary cash investments | $8,354,452 |
| Pledges and grants receivable | $2,946,164 |
| Accounts receivable, net | $19,194,734 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,396,878 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,869,327 |
| Investments—publicly traded securities | $127,082,991 |
| Investments—other securities | $13,804,287 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,698,161 |
| Total assets | $393,134,797 |
| Accounts payable and accrued expenses | $12,071,015 |
| Grants payable | $1,692,227 |
| Deferred revenue | $14,135,191 |
| Tax-exempt bond liabilities | $73,955,929 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $12,948,352 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,849,150 |
| Total liabilities | $116,651,864 |
| 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 | $276,482,933 |
Grants Awarded
Over the last fiscal year, Webster University has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ST LOUIS BUSINESS JOURNAL CORP PURPOSE: GENERAL SUPPORT | $12,500 |
Saint Louis, MO PURPOSE: GENERAL SUPPORT | $10,000 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Webster University has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
Peggy And Steve Fossett Foundation Homer Glen, IL PURPOSE: PEGGY FOSSETT FUND | $25,000 |
Jane M & Bruce P Robert Charitable Foundation St Louis, MO PURPOSE: GENERAL CONTRIBUTION | $2,500 |
Endowment Analysis
| Beg. Balance | $157,525,839 |
| Earnings | -$6,177,388 |
| Admin Expense | $411,662 |
| Net Contributions | $683,565 |
| Other Expense | $6,610,930 |
| Grants | $1,058,238 |
| Ending Balance | $143,951,186 |
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 |
Creighton University Omaha, NE | $1,698,187,785 | $655,089,786 |
Illinois Institute Of Technology Chicago, IL | $730,458,628 | $396,565,185 |
Belmont University Nashville, TN | $1,474,473,117 | $464,356,154 |
Drake University Des Moines, IA | $538,166,489 | $252,974,293 |
Bradley University Peoria, IL | $712,945,458 | $238,646,085 |
Lipscomb University Nashville, TN | $502,799,879 | $216,257,194 |
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 |
Lincoln Memorial University Harrogate, TN | $295,338,228 | $171,241,775 |