Baker University
- Assets
- $111.6m
- Revenue
- $59.2m
- Investments
- $5.5m
- Employees
- 931
- Location
- Baldwin City, KS
- Founding
- 05/1935
- Data as of
- 06/2022
- EIN
- 48-0543766
Organization Overview
Baker University is located in Baldwin City, KS. The organization was established in 1935. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2023, Baker University employed 931 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baker 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 06/2022, Baker University generated $59.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $53.4m during the year ending 06/2022. While expenses have increased by 0.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BAKER UNIVERSITY IS COMMITTED TO ASSURING STUDENT LEARNING AND DEVELOPMENT OF CONFIDENT, COMPETENT AND RESPONSIBLE CONTRIBUTORS TO SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAKER UNIVERSITY PROVIDES UNDERGRADUATE, GRADUATE, AND DOCTORIAL STUDENTS WITH THE KNOWLEDGE AND SKILLS NECESSARY TO BECOME A SUCCESSFUL MEMBER OF ANY COMMUNITY. BAKER'S 2,500 COMBINED STUDENT BODY CONTINUES A LONG TRADITION OF GAINING THE KNOWLEDGE AND CONFIDENCE TO SET HIGH GOALS AND ATTAIN THEM. BAKER UNIVERSITY WAS FOUNDED ON FEBRUARY 12, 1858 IN BALDWIN CITY, KANSAS. THE SCHOOL OF PROFESSIONAL AND GRADUATE STUDIES WAS FORMED IN 1988. THE SCHOOL OF NURSING WAS FORMED IN 1991. THE SCHOOL OF EDUCATION WAS FORMED IN 2005.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynne E Murray President | Officer | 60 | $302,023 |
Susan Temple Kneuvean Vp-Finance And Administration | Officer | 60 | $218,880 |
Norman Houser Assoc VP For Advancement | 60 | $136,970 | |
Matthew Bice Dean Of Spgs/gsoe | 60 | $127,934 | |
Donald Clardy Professor | 60 | $114,840 | |
Darcy Russell VP Of Academic Affairs/dean | 60 | $113,118 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stormont Vail Health Care School Of Nursing | 6/29/23 | $2,418,579 |
American Dining Creations Food Service | 6/29/23 | $1,792,804 |
Cline Construction And Roofing Inc Roofing Contractor | 6/29/23 | $269,151 |
Mediacross Inc Enrollment Managemnt | 6/29/23 | $210,498 |
Salesforcecom Inc Cloud-based Software | 6/29/23 | $193,584 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,765,872 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,031,945 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,797,817 |
| Total Program Service Revenue | $43,094,385 |
| Investment income | $1,533,155 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $158,186 |
| Net Rental Income | $147,164 |
| Net Gain/Loss on Asset Sales | $1,446,777 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $59,186,378 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,309,010 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $654,056 |
| Compensation of current officers, directors, key employees. | $342,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,007,810 |
| Pension plan accruals and contributions | $415,269 |
| Other employee benefits | $984,796 |
| Payroll taxes | $1,065,811 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,414 |
| Fees for services: Accounting | $122,376 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $377,296 |
| Fees for services: Other | $4,534,698 |
| Advertising and promotion | $865,262 |
| Office expenses | $144,710 |
| Information technology | $580,096 |
| Royalties | $0 |
| Occupancy | $2,850,350 |
| Travel | $497,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,360 |
| Interest | $710,372 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,473,371 |
| Insurance | $563,758 |
| All other expenses | $3,386,181 |
| Total functional expenses | $53,407,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,153,500 |
| Savings and temporary cash investments | $120,235 |
| Pledges and grants receivable | $568,045 |
| Accounts receivable, net | $1,814,097 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,317 |
| Prepaid expenses and deferred charges | $329,448 |
| Net Land, buildings, and equipment | $43,674,080 |
| Investments—publicly traded securities | $55,136,409 |
| Investments—other securities | $5,452,759 |
| Investments—program-related | $974,056 |
| Intangible assets | $0 |
| Other assets | $1,358,586 |
| Total assets | $111,599,532 |
| Accounts payable and accrued expenses | $2,430,572 |
| Grants payable | $0 |
| Deferred revenue | $1,925,202 |
| Tax-exempt bond liabilities | $14,505,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,951,356 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,203,222 |
| Total liabilities | $23,015,352 |
| Net assets without donor restrictions | $36,373,164 |
| Net assets with donor restrictions | $52,211,016 |
| 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 | $111,599,532 |