Skip to content
Nonprofiteer
← ARCADIA UNIVERSITY

Form 990 for tax year 2024

Filed by ARCADIA UNIVERSITY.

Totals

Total revenue
$187,602,000
Total expenses
$191,453,000
Contributions and grants received
$5,560,000
Grants paid
$54,525,000
Program service revenue
$179,016,000
Investment income
$2,509,000
Other revenue
$517,000
Total assets, end of year
$243,615,000
Total liabilities, end of year
$104,095,000
Net assets or fund balances, end of year
$139,520,000
Program services expenses (Part IX)
$158,523,000
Management and general expenses
$31,134,000
Fundraising expenses
$1,796,000
Program service expenses (Part III)
$158,523,000

Program services were 82.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $12,000

  • 1e · Government grants (contributions)

    $2,942,000

  • 1f · All other contributions, gifts and grants

    $2,606,000

  • 1g · Noncash contributions included above

    $125,000

  • 2a · Program service revenue: TUITION & FEES

    total $116,740,000 · related or exempt $116,740,000

  • 2b · Program service revenue: INTERNATIONAL PROGRAMS

    total $46,698,000 · related or exempt $46,698,000

  • 2c · Program service revenue: ROOM & BOARD

    total $15,578,000 · related or exempt $15,578,000

  • 3 · Investment income

    total $2,374,000 · excluded $2,374,000

  • 6a · Gross rents

    real property $60,000

  • 6b · Less rental expenses

    real property $51,000

  • 6c · Rental income or loss

    real property $9,000

  • 6d · Net rental income or loss

    total $9,000 · related or exempt $9,000

  • 7a · Gross sales of assets other than inventory

    securities $15,633,000

  • 7b · Less cost or other basis and sales expenses

    securities $15,498,000

  • 7c · Gain or loss

    securities $135,000

  • 7d · Net gain or loss

    total $135,000 · excluded $135,000

  • 8a · Fundraising events: gross income

    $20,000

  • 8a · Fundraising events: contributions included on line 1c

    $12,000

  • 8b · Fundraising events: direct expenses

    $35,000

  • 8c · Net income from fundraising events

    total -$15,000 · excluded -$15,000

  • 11a · Other revenue: COMM, FEES & INDIRECT GRANT REV &

    total $391,000 · excluded $391,000

  • 11b · Other revenue: BAD DEBT RECOVERY

    total $74,000 · excluded $74,000

  • 11c · Other revenue: HEALTH SERVICES PARTNER

    total $58,000 · excluded $58,000

  • 11e · Other revenue, total

    $523,000

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $52,722,000 · program services $52,722,000

  • 3 · Grants to foreign organizations and individuals

    total $1,803,000 · program services $1,803,000

  • 5 · Compensation of officers, directors and key employees

    total $2,600,000 · program services $1,186,000 · management and general $1,110,000 · fundraising $304,000

  • 7 · Other salaries and wages

    total $45,454,000 · program services $32,659,000 · management and general $12,171,000 · fundraising $624,000

  • 8 · Pension plan contributions

    total $1,528,000 · program services $1,005,000 · management and general $495,000 · fundraising $28,000

  • 9 · Other employee benefits

    total $6,362,000 · program services $4,026,000 · management and general $2,105,000 · fundraising $231,000

  • 10 · Payroll taxes

    total $3,673,000 · program services $2,586,000 · management and general $1,016,000 · fundraising $71,000

  • 11b · Fees: legal

    total $387,000 · management and general $387,000

  • 11c · Fees: accounting

    total $463,000 · management and general $463,000

  • 11f · Fees: investment management

    total $126,000 · management and general $126,000

  • 11g · Fees: other

    total $14,954,000 · program services $9,792,000 · management and general $4,700,000 · fundraising $462,000

  • 12 · Advertising and promotion

    total $182,000 · program services $104,000 · management and general $78,000

  • 13 · Office expenses

    total $277,000 · program services $261,000 · management and general $15,000 · fundraising $1,000

  • 14 · Information technology

    total $2,228,000 · program services $463,000 · management and general $1,761,000 · fundraising $4,000

  • 16 · Occupancy

    total $4,636,000 · program services $3,528,000 · management and general $1,103,000 · fundraising $5,000

  • 17 · Travel

    total $2,776,000 · program services $2,028,000 · management and general $701,000 · fundraising $47,000

  • 19 · Conferences, conventions and meetings

    total $292,000 · program services $209,000 · management and general $83,000

  • 20 · Interest

    total $2,486,000 · program services $2,079,000 · management and general $407,000

  • 22 · Depreciation, depletion and amortization

    total $5,964,000 · program services $4,759,000 · management and general $1,205,000

  • 23 · Insurance

    total $2,069,000 · program services $60,000 · management and general $2,009,000

  • 24a · Other expenses: INTERNATIONAL PROGRAMS

    total $18,547,000 · program services $18,547,000

  • 24b · Other expenses: INTERNATIONAL PROGRAMS

    total $11,817,000 · program services $11,817,000

  • 24c · Other expenses: SUPPLIES

    total $6,235,000 · program services $5,586,000 · management and general $631,000 · fundraising $18,000

  • 24d · Other expenses: OTHER EXPENSES

    total $3,290,000 · program services $3,006,000 · management and general $284,000

  • 24e · All other expenses

    total $582,000 · program services $297,000 · management and general $284,000 · fundraising $1,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,000 · end of year $5,000

  • 2 · Savings and temporary cash investments

    beginning of year $33,717,000 · end of year $29,054,000

  • 3 · Pledges and grants receivable

    beginning of year $1,769,000 · end of year $753,000

  • 4 · Accounts receivable

    beginning of year $3,894,000 · end of year $4,508,000

  • 7 · Other notes and loans receivable

    beginning of year $1,464,000 · end of year $511,000

  • 8 · Inventories for sale or use

    beginning of year $46,000 · end of year $39,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,581,000 · end of year $3,264,000

  • 10a · Land, buildings and equipment: cost or other basis

    $274,175,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $144,319,000

  • 10c · Land, buildings and equipment, net

    beginning of year $127,594,000 · end of year $129,856,000

  • 11 · Investments: publicly traded securities

    beginning of year $60,326,000 · end of year $56,436,000

  • 12 · Investments: other securities

    beginning of year $7,046,000 · end of year $7,162,000

  • 15 · Other assets

    beginning of year $4,119,000 · end of year $12,027,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,367,000 · end of year $8,762,000

  • 19 · Deferred revenue

    beginning of year $15,723,000 · end of year $15,853,000

  • 20 · Tax-exempt bond liabilities

    beginning of year $69,808,000 · end of year $65,723,000

  • 25 · Other liabilities

    beginning of year $5,552,000 · end of year $13,757,000

  • 27 · Net assets without donor restrictions

    beginning of year $91,572,000 · end of year $86,444,000

  • 28 · Net assets with donor restrictions

    beginning of year $48,544,000 · end of year $53,076,000

Mission and programs · 2024

Mission

ARCADIA UNIVERSITY'S PIONEERING, GLOBAL, INTEGRATED, LIBERAL ARTS, AND PROFESSIONAL LEARNING EXPERIENCE CULTIVATES LEADERS WHO ARE INTELLECTUALLY FEARLESS AND UNIQUELY PREPARED FOR LIFE AND WORK. OUR HIGHLY REGARDED, VALUES-BASED LEARNING COMMUNITY REFLECTS THE WORLD IN WHICH WE WANT TO LIVE.

Activities or mission (Part I)

ARCADIA UNIVERSITY PROVIDES A DISTINCTIVELY GLOBAL, INTEGRATIVE, AND PERSONAL LEARNING EXPERIENCE FOR INTELLECTUALLY CURIOUS UNDERGRADUATE AND GRADUATE STUDENTS IN PREPARATION FOR A LIFE OF SCHOLARSHIP, SERVICE, AND PROFESSIONAL CONTRIBUTION.

  • ARCADIA UNIVERSITY OFFERS A HIGH-QUALITY LIBERAL ARTS EDUCATION. STUDENTS CHOOSE FROM OVER 65 MAJOR FIELDS OF STUDY IN THE SCIENCES, HEALTH SCIENCES, EDUCATION, ARTS AND HUMANITIES, AND BUSINESS EARNING THEIR BACHELOR'S, MASTER'S, PROFESSIONAL CERTIFICATES, AND DOCTORAL DEGREES. 99% OF ARCADIA'S FULL-TIME UNDERGRADUATE STUDENTS RECEIVE FINANCIAL ASSISTANCE IN THE FORM OF GRANTS AND SCHOLARSHIPS. ARCADIA ALSO OFFERS STUDENTS ACADEMIC SUPPORT PROGRAMS, INCLUDING THE GATEWAY TO SUCCESS PROGRAM, WHICH INCLUDES ACT101 SERVICES FOR PA RESIDENTS WHO QUALIFY. STUDENTS RECEIVE PERSONAL ATTENTION AND RESOURCES THROUGHOUT THE ACADEMIC YEAR TO HELP THEM SUCCEED.

    Expenses $119,681,000 · Grants $50,962,000 · Revenue $116,740,000

  • ARCADIANS ARE DRIVEN TO SEEK, EXPERIENCE, AND UNDERSTAND BROAD AND VARIED PERSPECTIVES, PREPARING THEM TO THRIVE IN AN INTERCONNECTED WORLD. ARCADIA UNIVERSITY IS DISTINCT IN THAT OUR UNDERGRADUATE AND GRADUATE STUDENTS ENGAGE IN REAL-WORLD LEARNING OPPORTUNITIES, INCLUDING INTERNSHIPS, EVIDENCE-BASED RESEARCH, SERVICE LEARNING, MULTI-DISCIPLINARY AND EXPERENTIAL LEARNING THAT EXPANDS BEYOND THE CLASSROOM. THE ARCADIA UNDERGRADUATE CURICULUM (AUC) ENSURES IMMERSION WITH GLOBAL ISSUES THROUGH STUDY ABROAD OR DOMESTIC PROGRAMMING. ARCADIA CONTINUES TO RANK NATIONALLY FOR STUDY ABROAD PARTICIPATION AND PROVIDES ONE OF THE MOST EXTENSIVE UNIVERSITY STUDY ABROAD PROGRAMS IN THE NATION. OUR GLOBAL PROGRAMS CONTINUE TO EDUCATE OVER 3,000 UNDERGRADUATE STUDENTS FROM U.S. INSTITUTIONS EVERY YEAR.

    Expenses $26,574,000 · Grants $873,000 · Revenue $46,698,000

  • WE BELIEVE THAT LIVING IN CLOSE PROXIMITY TO PEOPLE FROM DIFFERENT BACKGROUNDS IS A CRITICALLY IMPORTANT WAY FOR STUDENTS TO LEARN IMPORTANT LIFE SKILLS, AND WE TREAT RESIDENTIAL LIFE AS AN IMPORTANT OPPORTUNITY FOR LEARNING. OUR DESIRE IS TO ENSURE THAT STUDENTS' LIVING ARRANGEMENTS SUPPORT AND ENHANCE THEIR EDUCATIONAL WORK AND GOALS. WHILE OUR PRIMARY GOAL IS TO PROVIDE SAFE LIVING ENVIRONMENTS CONDUCIVE TO STUDY AND ACADEMIC SUCCESS, WE ENCOURAGE AND SUPPORT THE DEVELOPMENT OF THE FOLLOWING CORE COMPETENCIES IN OUR STUDENTS: DIVERSITY AND INCLUSION; GLOBAL PERSPECTIVES; CIVIC ENGAGEMENT; CITIZENSHIP; SELF-ADVOCACY; PROBLEM-SOLVING; RESPECT FOR OTHERS; AND THE DEVELOPMENT OF IDENTITY, PURPOSE, AND INTEGRITY. WITHIN THE RESIDENCE HALLS AND APARTMENTS, AN ENGAGED TEAM OF PROFESSIONAL AND PARAPROFESSIONAL STAFF USE THE PHYSICAL STRUCTURE OF THE LIVING ENVIRONMENT AS A TOOL TO MAXIMIZE LEARNING MOMENTS AND CHALLENGE STUDENTS TO DEVELOP AND APPLY THESE COMPETENCIES.

    Expenses $12,268,000 · Grants $2,690,000 · Revenue $15,578,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Rollins

    CHAIR

    Total calculated
    $0
    Hours/week
    12
  • Gretchen Santamour

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    8
  • Kenneth C Weirman

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    8
  • Jacqueline L Cannon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Patricia Saint Cyr-Hager

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Juan Duque PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Ronald J Eicholtz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Peri Higgins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Carolyn Hodges

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Charles Lentz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Marc Walsh McKenna

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Ashish Parmar

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Michel Paul

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Elliott A Roth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • David A Sadoff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Kevin Shollenberger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Camilo Lopez Delgado

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Ajay Nair

    PRESIDENT

    Total calculated
    $625,338
    From this org
    $521,390
    From related orgs
    $0
    Other
    $103,948
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $485,158
    Bonus
    $23,500
    Other
    $12,732
    Deferred
    $38,363
    Nontaxable benefits
    $65,585
    Filer's total
    $625,338
  • Jeffrey Rutenbeck

    PROVOST/SVP ACADEMIC AFFAIRS

    Total calculated
    $354,028
    From this org
    $294,329
    From related orgs
    $0
    Other
    $59,699
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $291,161
    Bonus
    $0
    Other
    $3,168
    Deferred
    $18,750
    Nontaxable benefits
    $40,949
    Filer's total
    $354,028
  • Brigette Bryant

    VP DEVELOPMENT/ALUMNI ENGAGE

    Total calculated
    $331,856
    From this org
    $268,174
    From related orgs
    $0
    Other
    $63,682
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,481
    Bonus
    $0
    Other
    $20,693
    Deferred
    $16,256
    Nontaxable benefits
    $47,426
    Filer's total
    $331,856
  • Joan Singleton

    CHIEF FINANCIAL OFFICER

    Total calculated
    $401,021
    From this org
    $317,221
    From related orgs
    $0
    Other
    $83,800
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $314,982
    Bonus
    $0
    Other
    $2,239
    Deferred
    $20,158
    Nontaxable benefits
    $63,642
    Filer's total
    $401,021
  • Margaret Callahan

    GENERAL COUNSEL/SECRETARY

    Total calculated
    $323,082
    From this org
    $255,251
    From related orgs
    $0
    Other
    $67,831
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $252,558
    Bonus
    $0
    Other
    $2,693
    Deferred
    $16,256
    Nontaxable benefits
    $51,575
    Filer's total
    $323,082
  • Mary Sweeney

    VP HR & EMPLOYEE EXPERIENCE

    Total calculated
    $65,308
    From this org
    $43,945
    From related orgs
    $0
    Other
    $21,363
    Hours/week
    40
  • Rashmi Radhakrishnan

    VP ENROLL MGMT, TECH & INNOV/CIO

    Total calculated
    $301,751
    From this org
    $254,371
    From related orgs
    $0
    Other
    $47,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,459
    Bonus
    $0
    Other
    $912
    Deferred
    $15,560
    Nontaxable benefits
    $31,820
    Filer's total
    $301,751
  • Daniel Diprinzio

    CHIEF COMMUNICATIONS OFFICER

    Total calculated
    $171,172
    From this org
    $133,538
    From related orgs
    $0
    Other
    $37,634
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,246
    Bonus
    $0
    Other
    $292
    Deferred
    $8,698
    Nontaxable benefits
    $28,936
    Filer's total
    $171,172
  • Donovan McCargo

    VP CAMPUS LIFE & DEAN OF STUDENTS

    Total calculated
    $266,513
    From this org
    $211,213
    From related orgs
    $0
    Other
    $55,300
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,877
    Bonus
    $0
    Other
    $336
    Deferred
    $13,750
    Nontaxable benefits
    $41,550
    Filer's total
    $266,513
  • Michele Cygan

    INTERIM ASST VP HR & EMPLOYEE EXP

    Total calculated
    $200,987
    From this org
    $153,233
    From related orgs
    $0
    Other
    $47,754
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,999
    Bonus
    $0
    Other
    $1,234
    Deferred
    $9,072
    Nontaxable benefits
    $38,682
    Filer's total
    $200,987
  • Andrew Law

    CEO, ARCADIA ABROAD

    Total calculated
    $243,272
    From this org
    $206,114
    From related orgs
    $0
    Other
    $37,158
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,940
    Bonus
    $0
    Other
    $2,174
    Deferred
    $2,163
    Nontaxable benefits
    $34,995
    Filer's total
    $243,272
  • Lisa Donatelli

    COO, GLOBAL PROGRAMS & ENGAGEMENT

    Total calculated
    $216,691
    From this org
    $184,022
    From related orgs
    $0
    Other
    $32,669
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,391
    Bonus
    $0
    Other
    $631
    Deferred
    $11,538
    Nontaxable benefits
    $21,131
    Filer's total
    $216,691
  • Thomas Macchi

    ASSOC VP FACILITIES MGMT

    Total calculated
    $208,417
    From this org
    $174,154
    From related orgs
    $0
    Other
    $34,263
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,121
    Bonus
    $0
    Other
    $3,033
    Deferred
    $10,392
    Nontaxable benefits
    $23,871
    Filer's total
    $208,417
  • John P Fallon

    CH ENROLLMENT STRAT & BUS DEVELOP

    Total calculated
    $197,686
    From this org
    $171,836
    From related orgs
    $0
    Other
    $25,850
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,821
    Bonus
    $0
    Other
    $17,015
    Deferred
    $9,586
    Nontaxable benefits
    $16,264
    Filer's total
    $197,686
  • Julie A Lengele

    CONTROLLER/BUSINESS MANAGER

    Total calculated
    $221,754
    From this org
    $189,998
    From related orgs
    $0
    Other
    $31,756
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,476
    Bonus
    $0
    Other
    $61,522
    Deferred
    $7,958
    Nontaxable benefits
    $23,798
    Filer's total
    $221,754

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE PRESIDENT OF THE UNIVERSITY IS REQUIRED, AS A CONDITION OF EMPLOYMENT, TO LIVE IN A HOUSE OWNED BY THE UNIVERSITY. THIS HOUSE IS ALSO USED TO HOST UNIVERSITY-RELATED FUNCTIONS. THIS BENEFIT WAS NOT INCLUDED IN TAXABLE COMPENSATION AS IT QUALIFIES FOR EXCLUSION UNDER INTERNAL REVENUE CODE SECTION 119(D) DUE TO BEING REQUIRED AS A CONDITION OF EMPLOYMENT, FOR THE CONVENIENCE OF THE EMPLOYER, AND BEING ON THE UNIVERSITY CAMPUS.
PART I, LINE 4A
JULIE A. LENGELE & RAKIN A. HALL RECEIVED A SEVERANCE PAYMENT OF $60,790 & $55,922, RESPECTFULLY, DURING THE TAX YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 April 2026
IRS schema version
2024v5.5
Source object
202631049349301468

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.