Barry University Inc is located in Miami Shores, FL. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Barry University Inc employed 2,390 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Barry University Inc 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 06/2021, Barry University Inc generated $207.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $200.2m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BARRY UNIVERSITY IS A CATHOLIC INSTITUTION GROUNDED IN THE LIBERAL ARTS TRADITION, FOSTERING A SCHOLARLY COMMUNITY COMMITED TO MAINTAINING THE HIGHEST ACADEMIC STANDARDS IN UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION.
Describe the Organization's Program Activity:
INSTRUCTIONAL SERVICES TO GRADUATE AND UNDERGRADUATE STUDENTS:BASED ON BARRY UNIVERSITY'S PROMISE TO GO BEYOND THE DEGREE AND PROVIDE A TRULY TRANSFORMATIONAL EXPERIENCE, THROUGH THE CATHOLIC LIBERAL ARTS HERITAGE, BARRY PROVIDES APPROXIMATELY 100 DEGREE PROGRAMS FROM BACHELORS THROUGH PH.D.'S. THE PROGRAMS FOCUS ON ARTS AND SCIENCES, BUSINESS, EDUCATION, SOCIAL WORK, COMMUNICATION, NURSING, MEDICAL SCIENCES, THEOLOGY, OR LAW. IN ADDITION, RESOURCES THAT INCLUDE PERSONALIZED RESEARCH AND EXPERIENTIAL LEARNING OPPORTUNITIES PROVIDE OFF-CAMPUS RESOURCES TO FURTHER DIVERSIFY THE EDUCATIONAL EXPERIENCE. STUDENTS ARE ALSO ENCOURAGED TO ENHANCE THEIR PROFESSIONAL EXPERIENCE WITH POTENTIAL PROVIDED BY THE PROSPECTS OF HANDS-ON INTERNSHIPS AT SOME OF THE COUNTRY'S TOP ORGANIZATIONS. ALONG WITH THEIR BREADTH OF PARTNERING ORGANIZATIONS, THE CAMPUS HAS ALSO PHYSICALLY EXPANDED TO MULTIPLE LOCATIONS THROUGHOUT FLORIDA, INCLUDING FIVE SCHOOLS AND TWO COLLEGES WITH NUMEROUS LIBERAL ARTS AND PROFESSIONAL DISCIPLINES. THE UNDERGRADUATE, GRADUATE, PROFESSIONAL, AND DOCTORAL DEGREE PROGRAMS HAVE BEEN INSTRUMENTAL IN PROVIDING THESE ACADEMIC AND PROFESSIONAL RESOURCES TO APPROXIMATELY 7,000 FULL AND PART-TIME STUDENTS AT MULTIPLE SITES.
STUDENT SERVICES AND AUXILIARY ENTERPRISES: THE BARRY UNIVERSITY STUDENT SERVICES PROVIDED BY THE STUDENT AFFAIRS DIVISION INCLUDE CAREER SERVICES, COUNSELING AND PSYCHOLOGY, COMMUTER STUDENT AFFAIRS, LEADERSHIP AND TRANSITION, INTERCULTURAL CENTER, STUDENT ENGAGEMENT AND STUDENT ACTIVITIES, STUDENT UNION, VOLUNTEER SERVICES, AND COMMUNITY OUTREACH PROGRAMS. THE UNIVERSITY'S AUXILIARY ENTERPRISES INCLUDE TWELVE STUDENT RESIDENT HALLS, THE ROUSSELL DINING HALL AND A SERIES OF OTHER DINING HALLS, THE BARRY BOOKSTORE, CAMPUS MINISTRY AND COR JESU CHAPEL, AND HEALTH AND WELLNESS SERVICES THAT INCLUDE THE LANDON FITNESS CENTER AVAILABLE TO STUDENTS AND STAFF FREE OF CHARGE.
THE BARRY UNIVERSITY ACADEMIC SUPPORT SERVICES INCLUDE SERVICES SUCH AS AN INNOVATIVE LIBRARY SYSTEM, COMPUTER, AND LEARNING CENTERS SUPPORT. THE MONSIGNOR WILLIAM BARRY MEMORIAL LIBRARY PROVIDES A WIDE ARRAY OF INFORMATION RESOURCES AND SERVICES IN SUPPORT OF THE UNIVERSITY'S EDUCATIONAL MISSION, INTEGRATING PRINT AND ELECTRONIC RESOURCES, AND PROVIDING A COMPREHENSIVE PROGRAM OF SERVICE WHICH ALLOWS BROAD ACCESS TO INFORMATION IN ALL FORMATS. THE BARRY UNIVERSITY LIBRARY PROVIDES SERVICES OVER 100 HOURS A WEEK, PROVIDES AND MAINTAINS OVER 80 COMPUTER WORKSTATIONS AND 12 LAPTOPS WITH WIRELESS INTERNET ACCESS, 14 GROUP STUDY ROOMS, AND PRINTING, COPYING, AND SCANNING SERVICES. BARRY UNIVERSITY'S MISSION AND THEIR DEDICATION TO THE COMMUNITY ARE ALSO CLEARLY DEMONSTRATED BY ACCOLADES AND RECOGNITION, AWARDED TO THE SCHOOL THROUGH ITS YEARS OF SERVICE. IN 2015, BARRY UNIVERSITY RECEIVED THE COMMUNITY ENGAGEMENT CLASSIFICATION FROM THE CARNEGIE FOUNDATION FOR THE ADVANCEMENT OF TEACHING, JOINING 239 OTHER U.S. COLLEGES AND UNIVERSITIES, INCLUDING 82 OTHER INAUGURAL RECIPIENTS, IN RECEIVING THE DISTINCTION. THE CARNEGIE FOUNDATION'S COMMUNITY ENGAGEMENT CLASSIFICATION IS AN EVIDENCE-BASED RECOGNITION OF AN INSTITUTION'S COMMITMENT TO COMMUNITY SERVICE.BARRY UNIVERSITY IS PART OF A NATIONAL LIBRARY NETWORK. IT'S ALSO HOME TO THE BARRY UNIVERSITY DWAYNE O. ANDREAS SCHOOL OF LAW, WHICH HOUSES AN EXTENSIVE COLLECTION OF LEGAL MATERIALS INCLUDING FEDERAL AND STATE STATUTES, CASE REPORTERS AND DIGESTS, MONOGRAPHS, TREATISES, SECONDARY RESOURCES, LEGAL PERIODICALS, AND NEWSPAPERS, WITH A FOCUS ON FLORIDA-SPECIFIC LEGAL RESOURCES. REFERENCE LIBRARIANS WITH LAW DEGREES ARE AVAILABLE TO ASSIST WITH RESEARCH AND REFERENCE FOR STUDENTS, FACULTY, AND MEMBERS OF THE ORLANDO LEGAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Michael Allen President | OfficerTrustee | 40 | $396,506 |
Ronald Dick Professor, Anesthesiology | 40 | $266,750 | |
John Murray Provost | Officer | 40 | $247,809 |
John Mcfadden Dean, Nursing & Health Sci | Officer | 40 | $244,869 |
Brian Caldwell Dean, School Of Podiatric Medicine | 40 | $234,712 | |
Leticia Diaz Dean, Law | Officer | 40 | $233,359 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Compass Group Construction Services | 6/29/21 | $2,496,312 |
Abm Industry Groups Llc Custodial, Grounds Services | 6/29/21 | $1,219,406 |
Relevant Brands Inc Security Services | 6/29/21 | $1,434,462 |
Gca Custodial, Grounds Services | 6/29/21 | $1,541,381 |
Allied Universal Food Services | 6/29/21 | $2,055,166 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,801 |
Related organizations | $0 |
Government grants | $9,248,158 |
All other contributions, gifts, grants, and similar amounts not included above | $4,694,326 |
Noncash contributions included in lines 1a–1f | $612,159 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,944,285 |
Total Program Service Revenue | $187,893,267 |
Investment income | $457 |
Tax Exempt Bond Proceeds | $1,550,763 |
Royalties | $0 |
Net Rental Income | $621,976 |
Net Gain/Loss on Asset Sales | $1,322,158 |
Net Income from Fundraising Events | -$9,255 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $207,474,088 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $60,558,036 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,919,570 |
Compensation of current officers, directors, key employees. | $491,668 |
Compensation to disqualified persons | $194,863 |
Other salaries and wages | $64,966,417 |
Pension plan accruals and contributions | $1,670,484 |
Other employee benefits | $7,170,866 |
Payroll taxes | $4,700,591 |
Fees for services: Management | $0 |
Fees for services: Legal | $185,869 |
Fees for services: Accounting | $707,684 |
Fees for services: Lobbying | $172,087 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $215,971 |
Fees for services: Other | $8,459,909 |
Advertising and promotion | $2,742,810 |
Office expenses | $2,412,124 |
Information technology | $6,228,406 |
Royalties | $0 |
Occupancy | $4,851,216 |
Travel | $361,706 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $141,469 |
Interest | $3,047,477 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,133,892 |
Insurance | $4,058,858 |
All other expenses | $5,641,428 |
Total functional expenses | $200,196,040 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,827,862 |
Savings and temporary cash investments | $3,114,932 |
Pledges and grants receivable | $514,106 |
Accounts receivable, net | $9,980,664 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,962,419 |
Net Land, buildings, and equipment | $113,578,818 |
Investments—publicly traded securities | $28,762,283 |
Investments—other securities | $25,373,110 |
Investments—program-related | $8,048,530 |
Intangible assets | $311,919 |
Other assets | $9,042,567 |
Total assets | $233,517,210 |
Accounts payable and accrued expenses | $17,509,506 |
Grants payable | $0 |
Deferred revenue | $988,404 |
Tax-exempt bond liabilities | $58,028,833 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $1,682,397 |
Other liabilities | $23,199,067 |
Total liabilities | $101,408,207 |
Net assets without donor restrictions | $86,462,222 |
Net assets with donor restrictions | $45,646,781 |
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 | $233,517,210 |
Over the last fiscal year, we have identified 1 grants that Barry University Inc has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Mahoney Family Foundation Inc Bentonville, AR PURPOSE: STUDENT SCHOLARSHIP | $2,000 |
Beg. Balance | $45,993,199 |
Earnings | $9,702,656 |
Net Contributions | $415,031 |
Other Expense | $945,371 |
Grants | $677,632 |
Ending Balance | $54,487,883 |
Organization Name | Assets | Revenue |
---|---|---|
Nova Southeastern University Inc Fort Lauderdale, FL | $1,812,347,063 | $836,787,691 |
Emory University Decatur, GA | $308,834,835 | $526,678,235 |
Embry-Riddle Aeronautical Daytona Beach, FL | $1,265,271,185 | $616,318,485 |
Savannah College Of Art And Design Inc Savannah, GA | $1,297,162,714 | $587,003,201 |
The Corporation Of Mercer University Macon, GA | $975,470,567 | $444,048,225 |
University Of Tampa Tampa, FL | $995,322,258 | $426,783,303 |
Stetson University Inc DeLand, FL | $684,046,890 | $288,494,091 |
Samford University Birmingham, AL | $801,305,714 | $280,325,292 |
Barry University Inc Miami Shores, FL | $233,517,210 | $207,474,088 |
Saint Leo University Inc Saint Leo, FL | $243,651,425 | $167,609,731 |
Florida Institute Of Technology Inc Melbourne, FL | $380,099,144 | $191,425,099 |
Jacksonville University Jacksonville, FL | $361,875,229 | $172,045,418 |