Whitworth University
- Assets
- $369.2m
- Revenue
- $162.0m
- Investments
- $88.4m
- Employees
- 2,146
- Location
- Spokane, WA
- Founding
- 06/1942
- Data as of
- 06/2022
- EIN
- 91-0473310
Organization Overview
Whitworth University is located in Spokane, WA. The organization was established in 1942. 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, Whitworth University employed 2,146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whitworth 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, Whitworth University generated $162.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $154.9m during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 6 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
SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. RECOGNIZED AS ONE OF THE TOP REGIONAL COLLEGES AND UNIVERSITIES IN THE WEST, WHITWORTH UNIVERSITY HAS AN ENROLLMENT OF APPROXIMATELY 2,500 STUDENTS AS OF FALL 2022 AND OFFERS MORE THAN 100 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. IN RECENT YEARS, WHITWORTH HAS ENJOYED A VERY STRONG FINANCIAL POSITION, INCREASED EXTERNAL VISIBILITY, AND THE ADDITION OF ITS FIRST DOCTORAL PROGRAMS, IN THE HEALTH SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHITWORTH UNIVERSITY'S ENROLLMENT (FALL 2022): UNDERGRADUATE: 2,108 GRADUATE: 407. SIX-YEAR GRADUATION RATE (2022-23): 68.1 PERCENT OF FIRST-TIME, FULL-TIME STUDENTS ENROLLED IN FALL 2017 GRADUATED WITHIN SIX YEARS. FRESHMAN-TO-SOPHOMORE RETENTION RATE (2022-23): 80.4 PERCENT. THE UNIVERSITY UNDERGRADUATE STUDENT BODY HAS A COMPOSITION OF 63%/37% WHITE/NON-WHITE; 56%/44% FEMALE/MALE AND REPRESENTATION OF 45 FOREIGN NATIONS. THE UNIVERSITY OFFERS MORE THAN 100 UNDERGRADUATE, 30 GRADUATE DEGREE PROGRAMS, AND 2 DOCTORATE PROGRAMS; THE MOST PROMINENT UNDERGRADUATE DEGREES ARE BUSINESS/ECONOMICS, HEALTH SCIENCE, BIOLOGY, EDUCATION, MATH AND COMPUTER SCIENCE, AND PSYCHOLOGY. FISCAL YEAR 2022-23 IS ALSO THE 22ST CONSECUTIVE YEAR THAT WHITWORTH UNIVERSITY HAS BEEN IN THE TOP RANKINGS OF U.S. NEWS AND WORLD REPORT.
AUXILIARY SERVICES: WHITWORTH UNIVERSITY PROVIDES DINING SERVICES TO OVER 1,000 RESIDENT STUDENTS AND TO THE MANY OTHER STUDENTS WHO LIVE OFF CAMPUS. IN FISCAL YEAR 2022-23, AUXILIARY SERVICES GENERATED GROSS REVENUES OF OVER $11 MILLION, WHICH HELPED SUPPORT THE ACADEMIC AND STUDENTS SERVICES PROVIDED TO THE NEARLY 2,500 UNDERGRADUATE AND GRADUATE STUDENTS REGISTERED AT THE UNIVERSITY.
STUDENT SERVICES: WHITWORTH'S RESIDENCE HALLS, ON-CAMPUS HOUSES, AND APARTMENTS ACCOMMODATE OVER 1,000 STUDENTS (FALL 2022). WHITWORTH HAS A TWO-YEAR RESIDENCY REQUIREMENT. THE UNIVERSITY OFFERS 9 HALLS AND 26 THEME HOUSES. STUDENT CLUBS AND ORGANIZATIONS: WHITWORTH HAS OVER 40 STUDENT CLUBS, RANGING FROM AMNESTY INTERNATIONAL TO THE HAWAIIAN CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Mcquilkin Trustee & President | OfficerTrustee | 40 | $404,733 |
Brian Kirkpatrick Trustee, Chair | OfficerTrustee | 1 | $0 |
Scott Chandler Trustee, Vice Chair | OfficerTrustee | 1 | $0 |
James Bennett Trustee, Treasurer | OfficerTrustee | 1 | $0 |
Shelly O'quinn Trustee, Secretary | OfficerTrustee | 1 | $0 |
Andrea Lairson Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Campus Services Food Services | 6/29/23 | $3,870,466 |
Walker Construction Construction/landscape | 6/29/23 | $1,652,188 |
Wall 2 Wall Commercial Floorco Construction/landscape | 6/29/23 | $845,034 |
Graham Construction & Management Construction/landscape | 6/29/23 | $567,201 |
Ellucian Company Lp Software Provider | 6/29/23 | $498,217 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,024,401 |
| Related organizations | $527,347 |
| Government grants | $8,445,166 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,554,126 |
| Noncash contributions included in lines 1a–1f | $271,709 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,551,040 |
| Total Program Service Revenue | $125,956,274 |
| Investment income | $9,907,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,395,917 |
| Net Income from Fundraising Events | -$788,199 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $162,022,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $68,015,751 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,640,973 |
| Compensation of current officers, directors, key employees. | $1,063,881 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,835,662 |
| Pension plan accruals and contributions | $2,317,584 |
| Other employee benefits | $7,997,084 |
| Payroll taxes | $2,697,069 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,356 |
| Fees for services: Accounting | $137,830 |
| Fees for services: Lobbying | $8,194 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,239,135 |
| Fees for services: Other | $1,221,751 |
| Advertising and promotion | $925,622 |
| Office expenses | $2,258,526 |
| Information technology | $2,631,440 |
| Royalties | $5,860 |
| Occupancy | $2,931,301 |
| Travel | $1,835,052 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,105,587 |
| Interest | $3,655,096 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,294,937 |
| Insurance | $326,115 |
| All other expenses | $0 |
| Total functional expenses | $154,894,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,189,081 |
| Pledges and grants receivable | $8,425,878 |
| Accounts receivable, net | $3,912,900 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,840,613 |
| Inventories for sale or use | $91,460 |
| Prepaid expenses and deferred charges | $1,993,665 |
| Net Land, buildings, and equipment | $134,052,059 |
| Investments—publicly traded securities | $84,729,714 |
| Investments—other securities | $88,414,113 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,525,052 |
| Total assets | $369,174,535 |
| Accounts payable and accrued expenses | $8,464,553 |
| Grants payable | $1,232,626 |
| Deferred revenue | $2,624,473 |
| Tax-exempt bond liabilities | $90,375,248 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,130,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,922,597 |
| Total liabilities | $113,749,497 |
| Net assets without donor restrictions | $76,712,074 |
| Net assets with donor restrictions | $178,712,964 |
| 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 | $369,174,535 |