Nebraska Wesleyan University
- Assets
- $157.8m
- Revenue
- $80.5m
- Investments
- $11.3m
- Employees
- 1,111
- Location
- Lincoln, NE
- Founding
- 05/1942
- Data as of
- 05/2021
- EIN
- 47-0376524
Organization Overview
Nebraska Wesleyan University is located in Lincoln, NE. The organization was established in 1942. 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, Nebraska Wesleyan University employed 1,111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Wesleyan 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 05/2021, Nebraska Wesleyan University generated $80.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $74.9m during the year ending 05/2021. While expenses have increased by 3.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AN ACADEMIC COMMUNITY DEDICATED TO INTELLECTUAL AND PERSONAL GROWTH WITHIN A CHRISTIAN ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION - NEBRASKA WESLEYAN UNIVERSITY (NWU OR UNIVERSITY) IS A DEVELOPMENT OF THE INDIVIDUAL STUDENT. ALL ACADEMIC PROGRAMS CONSIST OF FACE-TO-FACE INSTRUCTION AND INTEGRATION OF THE LIBERAL ARTS PERSPECTIVE REGARDLESS OF MAJOR. NWU SERVES APPROXIMATELY 1,500 TRADITIONAL UNDERGRADUATES EARNING BACHELOR'S DEGREES ON A RESIDENTIAL CAMPUS. APPROXIMATELY 200 ADULT UNDERGRADUATE AND GRADUATE STUDENTS ATTEND CLASSES ON THE LINCOLN CAMPUS. U.S. NEWS & WORLD REPORT HAS NAMED NWU A TOP REGIONAL UNIVERSITY. IN 2014, NEBRASKA WESLEYAN LAUNCHED A NEW PROGRAM OF GENERAL EDUCATION FOR ALL UNDERGRADUATE STUDENTS (TRADITIONAL AND ADULT) CALLED THE ARCHWAY CURRICULUM. IT INTEGRATES LEARNING ACROSS DISCIPLINARY BOUNDARIES, ENHANCES LEARNING THROUGH NON-CLASSROOM EXPERIENCES, AND WEAVES SKILL DEVELOPMENT THROUGHOUT THE ACADEMIC PROGRAM. THE ARCHWAY CURRICULUM HAS BEEN NATIONALLY HERALDED WITHIN HIGHER EDUCATION AS A PROGRESSIVE MODEL OF LIBERAL LEARNING FOR THE 21ST CENTURY.IN JANUARY 2019, NWU OPENED DUANE W. ACKLIE HALL OF SCIENCE, ITS FIRST ACADEMIC BUILDING IN 36 YEARS. NWU CONSISTENTLY PRODUCES TOP PRESTIGIOUS SCHOLARSHIP WINNERS INCLUDING FULBRIGHT, TRUMAN, GILMAN, AND GOLDWATER SCHOLARS. THE UNIVERSITY IS A NATIONALLY-RECOGNIZED LEADER FOR COMBINED EXCELLENCE IN ACADEMICS AND ATHLETICS, RANKING TENTH IN THE NATION (AMONG ALL DIVISIONS) WITH 181 ACADEMIC ALL-AMERICANS AND SIXTH IN THE NATION FOR NCAA POSTGRADUATE SCHOLARSHIPS.
STUDENT SERVICES - NEBRASKA WESLEYAN UNIVERSITY'S LIVING AND LEARNING ENVIRONMENT FOCUSES ON STUDENT SUCCESS THROUGH DEVELOPMENT OF THE WHOLE PERSON. STUDENT WELL-BEING AND PERSONAL GROWTH ARE SUPPORTED BY SERVICES IN CAREER GUIDANCE, HEALTH SERVICES INCLUDING COUNSELING,ORGANIZATIONAL INVOLVEMENT AND MULTIPLE ENRICHMENT OPPORTUNITIES. ABOUT 30% OF TRADITIONAL STUDENTS COMPETE IN INTERCOLLEGIATE ATHLETICS (21 SPORTS). NWU IS A MEMBER OF NCAA DIVISION III, COMPETING IN THE AMERICAN RIVERS CONFERENCE. THE PRAIRIE WOLVES HAVE CELEBRATED MANY CONFERENCE WINS AS WELL AS A NATIONAL CHAMPIONSHIP IN MEN'S BASKETBALL IN 2018.
ACADEMIC SUPPORT - NEBRASKA WESLEYAN UNIVERSITY INSTRUCTIONAL PROGRAMS ARE STRENGTHENED BY THE UNIVERSITY LIBRARY, INSTRUCTIONAL TECHNOLOGY AND COMPUTER SERVICES, GLOBAL ENGAGEMENT OFFICE, VARIOUS UNIVERSITY FORUM AND LECTURE SERIES AS WELL AS THE SUPPORT OF PROFESSIONALDEVELOPMENT FOR FACULTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Skirry Faculty/governor | Trustee | 5 | $100,962 |
Lisa Wilkinson Faculty Governor Rep | Trustee | 40 | $70,704 |
Alex Lollmann Student/governor | Trustee | 40 | $380 |
Elise Roselius Student/governor | Trustee | 40 | $0 |
Cori Vokoun Chair/governor | OfficerTrustee | 5 | $0 |
Kevin Cook Vice Chair/governor | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Ince & Affiliates Campus Food Service | 5/30/23 | $1,723,187 |
Johnson Controls Chiller Replacement | 5/30/23 | $461,947 |
Lincoln Glass Windows | 5/30/23 | $430,000 |
Windstar Lines Travel (Bus) | 5/30/23 | $406,323 |
Brandspark Llc Dba Mediaspark Llc Advertising | 5/30/23 | $372,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,320,869 |
| Investment income | $1,509,361 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $132,779 |
| Net Gain/Loss on Asset Sales | $643,121 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,524,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $34,484,804 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,477,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,340,083 |
| Pension plan accruals and contributions | $933,153 |
| Other employee benefits | $4,104,613 |
| Payroll taxes | $1,373,610 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,351 |
| Fees for services: Accounting | $51,726 |
| Fees for services: Lobbying | $1,754 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $132,451 |
| Fees for services: Other | $2,002,274 |
| Advertising and promotion | $562,227 |
| Office expenses | $2,142,215 |
| Information technology | $1,403,479 |
| Royalties | $0 |
| Occupancy | $1,497,695 |
| Travel | $821,932 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $476,450 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,984,682 |
| Insurance | $713,422 |
| All other expenses | $0 |
| Total functional expenses | $74,859,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,008,861 |
| Savings and temporary cash investments | $14,853,216 |
| Pledges and grants receivable | $604,003 |
| Accounts receivable, net | $1,744,937 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $793,136 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $518,597 |
| Investments—publicly traded securities | $63,063,706 |
| Investments—other securities | $11,261,387 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,054,571 |
| Total assets | $157,848,451 |
| Accounts payable and accrued expenses | $4,084,103 |
| Grants payable | $0 |
| Deferred revenue | $917,926 |
| Tax-exempt bond liabilities | $12,266,772 |
| Escrow or custodial account liability | $1,780,348 |
| 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 | $884,086 |
| Total liabilities | $19,933,235 |
| 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 | $137,915,216 |