Brescia University Inc

Organization Overview

Brescia University Inc is located in Owensboro, KY. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Brescia University Inc employed 348 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Brescia 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 05/2022, Brescia University Inc generated $23.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $24.7m during the year ending 05/2022. While expenses have increased by 4.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CATHOLIC INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE EDUCATION IN THE URSULINE TRADITION, EMPHASIZING THE LIBERAL ARTS TO PREPARE ITS STUDENTS FOR SUCCESSFUL CAREERS AND FOR SERVICE TO OTHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNDERGRADUATE AND GRADUATE EDUCATION


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Staff Representative
$37,124
Larry Hostetter
President
$91,854
Dale Cecil
Secretary/treasurer
$82,750
Jeff Barnette
VP Of Academic Affairs
$68,915
Amelia Stenger
Trustee
$0
Baylee Holder
Student Rep
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fresh Ideas Management Llc
Student Food Service
$737,168
Eab
Student Recruiting
$514,918
Wiley Edu Llc
Learning Management
$400,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,664,587
All other contributions, gifts, grants, and similar amounts not included above$2,008,700
Noncash contributions included in lines 1a–1f $15,224
Total Revenue from Contributions, Gifts, Grants & Similar$3,673,287
Total Program Service Revenue$18,759,382
Investment income $732,219
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $26,346
Net Gain/Loss on Asset Sales $596,524
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$13,992
Miscellaneous Revenue$0
Total Revenue $23,773,766

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Brescia University Inc has recieved totaling $373,847.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$215,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$70,000
Greater Milwaukee Foundation Inc

Milwaukee, WI

PURPOSE: SUPPORT OF THE DAVID C. SCOTT SCHOLARSHIP

$16,626
Greater Milwaukee Foundation Inc

Milwaukee, WI

PURPOSE: SUPPORT OF THE DAVID C. SCOTT SCHOLARSHIP

$16,626
B J Killian Foundation

Louisville, KY

PURPOSE: VIRGINIA STOUT FITZGERALD

$15,000
B J Killian Foundation

Louisville, KY

PURPOSE: REV CHARLES SAFFER ENDOW

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,399,766
Earnings-$1,160,976
Admin Expense$153,492
Net Contributions$518,300
Other Expense$92,973
Grants$699,673
Ending Balance$15,810,952

Peer Organizations

Organization NameAssets
Franklin College Of Indiana
Franklin, IN
$64,884,316
Quincy University Corporation
Quincy, IL
$50,168,607
Ohio Dominican University
Columbus, OH
$50,128,137
Milligan University
Milligan, TN
$57,184,968
Notre Dame College
South Euclid, OH
$48,168,719
West Virginia Wesleyan College
Buckhannon, WV
$51,877,916
Goshen College Inc
Goshen, IN
$46,777,772
Huntington University Inc
Huntington, IN
$42,138,482
Carson-Newman University
Jefferson City, TN
$65,286,029
University Of Northwestern Ohio
Lima, OH
$54,604,805
Hiram College
Hiram, OH
$41,168,029
Tusculum University
Greeneville, TN
$47,879,632

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