Totals
- Total revenue
- $63,177,520
- Total expenses
- $70,399,086
- Contributions and grants received
- $11,156,771
- Grants paid
- $24,936,511
- Program service revenue
- $48,716,620
- Investment income
- $3,376,091
- Other revenue
- -$71,962
- Total assets, end of year
- $168,266,706
- Total liabilities, end of year
- $29,208,225
- Net assets or fund balances, end of year
- $139,058,481
- Program services expenses (Part IX)
- $59,328,028
- Management and general expenses
- $9,858,388
- Fundraising expenses
- $1,212,670
- Program service expenses (Part III)
- $59,328,028
Program services were 84.3% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$31,070
-
1d · Related organizations
$10,086
-
1e · Government grants (contributions)
$6,195,491
-
1f · All other contributions, gifts and grants
$4,920,124
-
1g · Noncash contributions included above
$459,996
-
2a · Program service revenue: Tuition and fees
total $39,401,834 · related or exempt $39,401,834 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Room and board
total $7,299,394 · related or exempt $7,299,394 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Facility and technology fees
total $1,338,818 · related or exempt $1,338,818 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Auxiliary Services
total $546,890 · related or exempt $444,601 · unrelated business $102,289 · excluded $0
-
2e · Program service revenue: Student Services/Extracurricular
total $38,387 · related or exempt $38,387 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $91,297 · related or exempt $91,297 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,954,473 · related or exempt $0 · unrelated business $8,433 · excluded $2,946,040
-
4 · Income from investment of tax-exempt bond proceeds
total $680 · related or exempt $0 · unrelated business $0 · excluded $680
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $9,660 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $9,660 · personal property $0
-
6d · Net rental income or loss
total $9,660 · related or exempt $0 · unrelated business $0 · excluded $9,660
-
7a · Gross sales of assets other than inventory
securities $54,224,535 · other assets $12,150
-
7b · Less cost or other basis and sales expenses
securities $53,815,747 · other assets $0
-
7c · Gain or loss
securities $408,788 · other assets $12,150
-
7d · Net gain or loss
total $420,938 · related or exempt $0 · unrelated business $0 · excluded $420,938
-
8a · Fundraising events: gross income
$6,790
-
8a · Fundraising events: contributions included on line 1c
$31,070
-
8b · Fundraising events: direct expenses
$9,362
-
8c · Net income from fundraising events
total -$2,572 · unrelated business $0 · excluded -$2,572
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$94,089
-
10b · Cost of goods sold
$198,427
-
10c · Net income from sales of inventory
total -$104,338 · related or exempt $0 · unrelated business $191 · excluded -$104,529
-
11d · All other revenue
total $25,288 · related or exempt $25,288 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$25,288
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $22,600 · program services $22,600
-
2 · Grants to domestic individuals
total $24,563,641 · program services $24,563,641
-
3 · Grants to foreign organizations and individuals
total $350,270 · program services $350,270
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $1,918,643 · program services $415,983 · management and general $1,279,830 · fundraising $222,830
-
6 · Compensation of disqualified persons
total $54,413 · program services $0 · management and general $54,413 · fundraising $0
-
7 · Other salaries and wages
total $18,073,208 · program services $14,793,449 · management and general $2,742,307 · fundraising $537,452
-
8 · Pension plan contributions
total $881,595 · program services $721,612 · management and general $133,767 · fundraising $26,216
-
9 · Other employee benefits
total $2,868,797 · program services $2,348,194 · management and general $435,292 · fundraising $85,311
-
10 · Payroll taxes
total $1,593,418 · program services $1,223,757 · management and general $310,121 · fundraising $59,540
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $46,289 · program services $0 · management and general $46,289 · fundraising $0
-
11c · Fees: accounting
total $70,350 · program services $0 · management and general $70,350 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $39,313 · fundraising $39,313
-
11f · Fees: investment management
total $292,617 · program services $0 · management and general $292,617 · fundraising $0
-
11g · Fees: other
total $1,560,643 · program services $1,184,374 · management and general $349,966 · fundraising $26,303
-
12 · Advertising and promotion
total $615,199 · program services $68,886 · management and general $542,775 · fundraising $3,538
-
13 · Office expenses
total $857,103 · program services $588,131 · management and general $254,352 · fundraising $14,620
-
14 · Information technology
total $1,741,449 · program services $1,333,766 · management and general $342,791 · fundraising $64,892
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $1,683,130 · program services $1,333,180 · management and general $349,950 · fundraising $0
-
17 · Travel
total $809,009 · program services $734,012 · management and general $27,222 · fundraising $47,775
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $24,950 · program services $0 · management and general $24,950 · fundraising $0
-
20 · Interest
total $1,899,750 · program services $663,586 · management and general $1,236,164 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $4,110,762 · program services $3,831,481 · management and general $261,093 · fundraising $18,188
-
23 · Insurance
total $309,376 · program services $97,316 · management and general $212,060 · fundraising $0
-
24a · Other expenses: Room & Board
total $2,845,130 · program services $2,845,130 · management and general $0 · fundraising $0
-
24b · Other expenses: Equipment & Maintenance
total $344,269 · program services $241,134 · management and general $103,135 · fundraising $0
-
24c · Other expenses: Dues & Subscriptions
total $291,303 · program services $145,174 · management and general $141,906 · fundraising $4,223
-
24d · Other expenses: Library Supplies
total $218,041 · program services $218,041 · management and general $0 · fundraising $0
-
24e · All other expenses
total $2,313,818 · program services $1,604,311 · management and general $647,038 · fundraising $62,469
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $146,403 · end of year $194,712
-
2 · Savings and temporary cash investments
beginning of year $8,218,704 · end of year $9,582,321
-
3 · Pledges and grants receivable
beginning of year $1,972,755 · end of year $1,299,821
-
4 · Accounts receivable
beginning of year $2,396,098 · end of year $1,764,365
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $374,039 · end of year $75,994
-
8 · Inventories for sale or use
beginning of year $191,242 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $845,665 · end of year $665,862
-
10a · Land, buildings and equipment: cost or other basis
$165,745,680
-
10b · Land, buildings and equipment: accumulated depreciation
$84,409,254
-
10c · Land, buildings and equipment, net
beginning of year $71,161,322 · end of year $81,336,426
-
11 · Investments: publicly traded securities
beginning of year $52,357,245 · end of year $51,489,819
-
12 · Investments: other securities
beginning of year $28,493,526 · end of year $19,913,090
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $2,083,987 · end of year $1,944,296
-
17 · Accounts payable and accrued expenses
beginning of year $3,413,171 · end of year $4,481,948
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $2,460,059 · end of year $2,411,272
-
20 · Tax-exempt bond liabilities
beginning of year $16,332,480 · end of year $15,976,740
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $2,750,000
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $4,153,177 · end of year $3,588,265
-
27 · Net assets without donor restrictions
beginning of year $61,377,309 · end of year $59,197,108
-
28 · Net assets with donor restrictions
beginning of year $80,504,790 · end of year $79,861,373
Mission and programs · 2023
Mission
Manchester University respects the infinite worth of every individual and graduates persons of ability and conviction who draw upon their education and faith to lead principled, productive, and compassionate lives that improve the human condition.
-
Manchester University offers more than 70 areas of undergraduate study, four master's programs (Accountancy, Business Administration, Athletic Training and Pharmacogenomics), and two professional degrees (Doctorate in Pharmacy and Doctorate in Physical Therapy) to about 1,200 students from 26 states and 5 countries. The independent, liberal arts school is located in North Manchester, Ind., where 72 percent of the students live on the 120-acre campus. Our four-year Doctor of Pharmacy program, as well as the Athletic Training and Pharmacogenomics master's programs, are on a Fort Wayne, Ind., campus.
Expenses $59,328,028 · Grants $24,936,511 · Revenue $48,741,908
As filed on the 2023 return.
Listed in Part VII
-
David McFadden
President
- Total calculated
- $339,720
- From this org
- $301,373
- From related orgs
- $0
- Other
- $38,347
- Hours/week
- 60 + 1 related
Schedule J breakdown matched by us
- Base
- $148,518
- Bonus
- $80,495
- Other
- $72,359
- Deferred
- $15,976
- Nontaxable benefits
- $22,372
- Filer's total
- $339,720
-
Walter Smith
Dean for Pharmacy Program & Professor of Pharmaceutical Sciences
- Total calculated
- $284,674
- From this org
- $258,548
- From related orgs
- $0
- Other
- $26,126
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $233,871
- Bonus
- $0
- Other
- $24,677
- Deferred
- $16,957
- Nontaxable benefits
- $9,170
- Filer's total
- $284,675
-
Clair Knapp
Treasurer/VP for Finance & CBO
- Total calculated
- $272,655
- From this org
- $246,789
- From related orgs
- $0
- Other
- $25,866
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $224,135
- Bonus
- $0
- Other
- $22,654
- Deferred
- $16,303
- Nontaxable benefits
- $9,564
- Filer's total
- $272,656
-
David Kisor
Director of Pharmacogenomics Education & Professor of Pharmaceutical Sciences and Pharmacogenomics
- Total calculated
- $272,593
- From this org
- $249,068
- From related orgs
- $0
- Other
- $23,525
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $68,183
- Bonus
- $0
- Other
- $180,885
- Deferred
- $16,762
- Nontaxable benefits
- $6,763
- Filer's total
- $272,593
-
Raylene Rospond
Assoc Dean of Clinical Affairs & Outreach/Professor
- Total calculated
- $258,074
- From this org
- $233,159
- From related orgs
- $0
- Other
- $24,915
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $1,220
- Bonus
- $0
- Other
- $231,938
- Deferred
- $16,133
- Nontaxable benefits
- $8,781
- Filer's total
- $258,072
-
Celia Cook-Huffman
VP Academic Affairs
- Total calculated
- $251,642
- From this org
- $232,465
- From related orgs
- $0
- Other
- $19,177
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $199,748
- Bonus
- $0
- Other
- $32,718
- Deferred
- $10,373
- Nontaxable benefits
- $8,805
- Filer's total
- $251,644
-
Ryon Kaopuiki
VP for Enrollment and Marketing
- Total calculated
- $215,484
- From this org
- $196,922
- From related orgs
- $0
- Other
- $18,562
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $162,244
- Bonus
- $0
- Other
- $34,678
- Deferred
- $8,557
- Nontaxable benefits
- $10,004
- Filer's total
- $215,483
-
Melanie Harmon
VP for Advancement
- Total calculated
- $203,157
- From this org
- $189,677
- From related orgs
- $0
- Other
- $13,480
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $187,351
- Bonus
- $0
- Other
- $2,326
- Deferred
- $13,138
- Nontaxable benefits
- $342
- Filer's total
- $203,157
-
Stacy Young
President
- Total calculated
- $199,980
- From this org
- $181,649
- From related orgs
- $0
- Other
- $18,331
- Hours/week
- 60 + 1 related
Schedule J breakdown matched by us
- Base
- $169,907
- Bonus
- $0
- Other
- $11,742
- Deferred
- $0
- Nontaxable benefits
- $17,931
- Filer's total
- $199,580
-
Jennifer Campbell
Associate Dean of Academic Programs/Professor
- Total calculated
- $197,158
- From this org
- $180,956
- From related orgs
- $0
- Other
- $16,202
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,298
- Bonus
- $0
- Other
- $7,658
- Deferred
- $12,365
- Nontaxable benefits
- $3,838
- Filer's total
- $197,159
-
Abagail Van Vlerah
VP for Student Life
- Total calculated
- $187,945
- From this org
- $178,597
- From related orgs
- $0
- Other
- $9,348
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $169,769
- Bonus
- $0
- Other
- $8,827
- Deferred
- $8,506
- Nontaxable benefits
- $842
- Filer's total
- $187,944
-
Diane Calinski
Professor and Department Chair for Pharmaceutical Sciences
- Total calculated
- $169,868
- From this org
- $158,473
- From related orgs
- $0
- Other
- $11,395
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,403
- Bonus
- $0
- Other
- $15,070
- Deferred
- $7,680
- Nontaxable benefits
- $520
- Filer's total
- $166,673
-
Yousif Rojeab
Professor of Pharmaceutical and Graduate Life Science
- Total calculated
- $164,442
- From this org
- $160,971
- From related orgs
- $0
- Other
- $3,471
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,112
- Bonus
- $0
- Other
- $13,564
- Deferred
- $3,129
- Nontaxable benefits
- $342
- Filer's total
- $164,147
-
Julie Knuth
Executive Assistant/Assistant Secretary
- Total calculated
- $71,812
- From this org
- $64,094
- From related orgs
- $0
- Other
- $7,718
- Hours/week
- 45
-
Timothy Almack
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Lisa Young Alston
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Mark Baer
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Alicia Baird
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Dustin Brown
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Christopher Caldwell
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey Carter
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
J Christopher Craig
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Ding-Jo Currie
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Aaron Fetrow
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Lisa Ford
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Cheryl Green
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Audrey Hahn
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
David Haist
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Harriet Hamer
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Carolyn Hardman
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Brian Harshberger
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Kevin Hochstedler
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Laura Kenealy
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Timothy Lake
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Thomas Lower
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Madalyn Metzger
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Michael Packnett
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Nadine S Pence
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Lily Qi
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Noah Smith
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Daniel Starr
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
John Gilmore
Chair 2023
- Total calculated
- $0
- Hours/week
- 5
-
Linda Kroll
Chair 2024
- Total calculated
- $0
- Hours/week
- 5
-
Joshua Kline
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
William M Rosenbury
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
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 · Travel for companions
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 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)
- Schedule J, Part I, Line 1a
- Travel for companions is provided when in the best interest of the University. For the convenience of the University, and as a condition of employment, the President is provided with housing on the University campus as a nontaxable benefit.
- Schedule J, Part I, Line 4
- The following individuals received payments as part of a voluntary separation agreement. These amounts are reported on Schedule J, Part II, Column (B)(III): David Kisor $162,161 ; Raylene Rospond $204,000.
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
-
Support Northeast Indiana Regional Partnership
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Independent Colleges of Indiana Inc
501(c)(3) · Education · IN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Charitable remainder trusts (5)
T · charitable remainder trust · IN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521299349301977
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.