Form 990 for tax year 2023
Filed by LAWRENCE UNIVERSITY OF WISCONSIN.
Totals
- Total revenue
- $154,435,664
- Total expenses
- $142,427,937
- Contributions and grants received
- $30,844,504
- Grants paid
- $53,466,994
- Program service revenue
- $95,601,155
- Investment income
- $27,507,385
- Other revenue
- $482,620
- Total assets, end of year
- $653,817,525
- Total liabilities, end of year
- $103,355,274
- Net assets or fund balances, end of year
- $550,462,251
- Program services expenses (Part IX)
- $123,878,486
- Management and general expenses
- $14,863,633
- Fundraising expenses
- $3,685,818
- Program service expenses (Part III)
- $123,878,486
Program services were 87.0% 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
$18,336
-
1e · Government grants (contributions)
$596,523
-
1f · All other contributions, gifts and grants
$30,229,645
-
1g · Noncash contributions included above
$810,035
-
2a · Program service revenue: TUITION AND FEES
total $78,368,456 · related or exempt $78,368,456
-
2b · Program service revenue: ROOM AND BOARD
total $15,539,212 · related or exempt $15,539,212
-
2c · Program service revenue: AUXILIARY ENTERPRISES
total $1,482,219 · related or exempt $1,482,219
-
2d · Program service revenue: SUMMER CAMPS AND EVENTS
total $155,586 · related or exempt $155,586
-
2e · Program service revenue: CONSERVATORY
total $55,682 · related or exempt $55,682
-
3 · Investment income
total $6,950,891 · unrelated business $1,273,957 · excluded $5,676,934
-
6a · Gross rents
real property $18,888
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $18,888
-
6d · Net rental income or loss
total $18,888 · excluded $18,888
-
7a · Gross sales of assets other than inventory
securities $59,640,889
-
7b · Less cost or other basis and sales expenses
securities $39,084,395
-
7c · Gain or loss
securities $20,556,494
-
7d · Net gain or loss
total $20,556,494 · excluded $20,556,494
-
8a · Fundraising events: gross income
$9,802
-
8a · Fundraising events: contributions included on line 1c
$18,336
-
8b · Fundraising events: direct expenses
$8,747
-
8c · Net income from fundraising events
total $1,055 · excluded $1,055
-
9a · Gaming: gross income
$17,972
-
9b · Gaming: direct expenses
$2,900
-
9c · Net income from gaming
total $15,072 · excluded $15,072
-
11a · Other revenue: MISC REVENUE
total $447,605 · related or exempt $447,605
-
11e · Other revenue, total
$447,605
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $53,466,994 · program services $53,466,994
-
5 · Compensation of officers, directors and key employees
total $1,629,384 · program services $200,180 · management and general $1,176,721 · fundraising $252,483
-
7 · Other salaries and wages
total $37,456,456 · program services $30,421,571 · management and general $4,795,975 · fundraising $2,238,910
-
8 · Pension plan contributions
total $2,413,619 · program services $2,004,763 · management and general $263,041 · fundraising $145,815
-
9 · Other employee benefits
total $6,815,634 · program services $5,197,036 · management and general $1,618,598
-
10 · Payroll taxes
total $2,662,256 · program services $2,102,643 · management and general $387,125 · fundraising $172,488
-
11b · Fees: legal
total $88,031 · management and general $88,031
-
11c · Fees: accounting
total $98,416 · management and general $98,416
-
11g · Fees: other
total $3,169,239 · program services $1,766,975 · management and general $1,168,855 · fundraising $233,409
-
12 · Advertising and promotion
total $387,087 · program services $21,691 · management and general $365,369 · fundraising $27
-
13 · Office expenses
total $2,420,232 · program services $2,145,651 · management and general $193,014 · fundraising $81,567
-
14 · Information technology
total $1,107,681 · program services $121,630 · management and general $986,051
-
16 · Occupancy
total $2,669,142 · program services $2,382,434 · management and general $286,708
-
17 · Travel
total $3,011,482 · program services $2,342,752 · management and general $288,740 · fundraising $379,990
-
19 · Conferences, conventions and meetings
total $179,802 · program services $81,572 · management and general $26,887 · fundraising $71,343
-
20 · Interest
total $2,482,347 · program services $1,803,240 · management and general $679,107
-
22 · Depreciation, depletion and amortization
total $8,076,248 · program services $7,744,887 · management and general $331,361
-
23 · Insurance
total $1,139,439 · program services $2,897 · management and general $1,136,542
-
24a · Other expenses: DINING
total $5,089,352 · program services $5,089,352
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $2,471,112 · program services $2,254,463 · management and general $204,723 · fundraising $11,926
-
24c · Other expenses: TUITION EXPENSES
total $1,832,125 · program services $1,832,125
-
24d · Other expenses: LIBRARY BOOKS
total $847,770 · program services $847,770
-
24e · All other expenses
total $2,914,089 · program services $2,047,860 · management and general $768,369 · fundraising $97,860
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $69,030 · end of year $73,295
-
2 · Savings and temporary cash investments
beginning of year $8,635,126 · end of year $21,549,774
-
3 · Pledges and grants receivable
beginning of year $10,354,339 · end of year $25,121,632
-
4 · Accounts receivable
beginning of year $531,454 · end of year $448,528
-
8 · Inventories for sale or use
beginning of year $248,353 · end of year $354,524
-
9 · Prepaid expenses and deferred charges
beginning of year $1,058,730 · end of year $1,117,895
-
10a · Land, buildings and equipment: cost or other basis
$345,578,656
-
10b · Land, buildings and equipment: accumulated depreciation
$195,037,116
-
10c · Land, buildings and equipment, net
beginning of year $126,898,494 · end of year $150,541,540
-
11 · Investments: publicly traded securities
beginning of year $205,268,281 · end of year $211,807,117
-
12 · Investments: other securities
beginning of year $237,380,274 · end of year $240,332,857
-
13 · Investments: program-related
beginning of year $1,286,603 · end of year $890,659
-
15 · Other assets
beginning of year $1,428,159 · end of year $1,579,704
-
17 · Accounts payable and accrued expenses
beginning of year $9,534,345 · end of year $11,118,856
-
19 · Deferred revenue
beginning of year $1,865,142 · end of year $1,806,750
-
20 · Tax-exempt bond liabilities
beginning of year $51,211,446 · end of year $74,003,546
-
21 · Escrow or custodial account liability
beginning of year $1,397,334 · end of year $1,331,748
-
23 · Secured mortgages and notes payable
beginning of year $6,837,573 · end of year $6,652,159
-
25 · Other liabilities
beginning of year $8,537,107 · end of year $8,442,215
-
27 · Net assets without donor restrictions
beginning of year $96,038,140 · end of year $95,465,208
-
28 · Net assets with donor restrictions
beginning of year $417,737,756 · end of year $454,997,043
Mission and programs · 2023
Mission
LAWRENCE UNIVERSITY OF WISCONSIN, THROUGH ITS UNDERGRADUATE RESIDENTIAL COLLEGE AND CONSERVATORY OF MUSIC, EDUCATES STUDENTS IN THE LIBERAL ARTS AND SCIENCES. THE UNIVERSITY IS DEVOTED TO EXCELLENCE AND INTEGRITY IN ALL OF ITS ACTIVITIES AND COMMITTED TO THE DEVELOPMENT OF INTELLECT AND TALENT, THE PURSUIT OF KNOWLEDGE AND UNDERSTANDING, THE CULTIVATION OF SOUND JUDGMENT, AND RESPECT FOR THE PERSPECTIVES OF OTHERS. LAWRENCE PREPARES STUDENTS FOR LIVES OF ACHIEVEMENT, RESPONSIBLE AND MEANINGFUL CITIZENSHIP, LIFELONG LEARNING, AND PERSONAL FULFILLMENT. AS A LEARNING COMMUNITY OF SCHOLARS AND ARTISTS WE ENGAGE EACH OTHER IN A TRANSFORMATIVE PROCESS THAT EMPHASIZES INDIVIDUALIZED LEARNING, SUPPORTED BY AN ENVIRONMENT OF RICH EDUCATIONAL OPPORTUNITIES IN A RESIDENTIAL CAMPUS SETTING.
Activities or mission (Part I)
TO PROVIDE A HIGH QUALITY, LIBERAL ARTS EDUCATION AND SOUND CAREER PREPARATION TO ITS STUDENTS.
-
PROVIDE LIBERAL ARTS INSTRUCTION TO APPROXIMATELY 1500 UNIVERSITY STUDENTS. LAWRENCE CURRICULUM PROMOTES EXPOSURE TO A WIDE RANGE OF SUBJECT MATTERS AND INTELLECTUAL APPROACHES. IT ALSO CALLS FOR THE FOCUSED STUDY OF A SINGLE AREA OF KNOWLEDGE. WITHIN THIS GENERAL FRAMEWORK, THE STUDENT EXERCISES WIDE LATITUDE IN BUILDING A COURSE OF STUDY. A LAWRENCE EDUCATION, THEN, RESULTS FROM CONSIDERED CHOICES. THE COLLEGE PROVIDES AMPLE ROOM FOR SUCH CHOICES AND ENCOURAGES STUDENTS TO EXERCISE THEM BOLDLY. THE LAWRENCE UNIVERSITY CONSERVATORY OF MUSIC, NOW IN ITS SECOND CENTURY OF EDUCATING STUDENTS FOR CAREERS IN MUSIC, IS A NATIONALLY RECOGNIZED CONSERVATORY DEVOTED EXCLUSIVELY TO THE EDUCATION OF UNDERGRADUATES WITHIN A DISTINGUISHED COLLEGE OF THE LIBERAL ARTS AND SCIENCES. THE LAWRENCE COMMUNITY MUSIC SCHOOL PROVIDES MUSICAL OPPORTUNITIES FOR CITIZENS OF THE FOX VALLEY FROM BIRTH TO ADULTHOOD AND OFFERS LAWRENCE CONSERVATORY MUSIC EDUCATION STUDENTS GUIDED OPPORTUNITIES TO HONE THEIR TEACHING SKILLS. A SUPERB FACULTY OF PERFORMERS, COMPOSERS, SCHOLARS, AND TEACHERS PRIDE THEMSELVES ON THE INDIVIDUAL ATTENTION GIVEN TO MUSIC MAJORS WHO PURSUE THEIR UNDERGRADUATE DEGREES AT LAWRENCE.
Expenses $86,619,757 · Grants $53,466,994 · Revenue $78,416,387
-
PROVIDE STUDENTS WITH SERVICES SUCH AS MUSIC, ATHLETICS, COMMUNITY INVOLVEMENT, RESIDENTIAL LIFE, COUNSELING, HEALTH CENTER, AND MULTICULTURAL AFFAIRS.
Expenses $18,165,014 · Revenue $610,942
-
TRADITIONALLY PROVIDE FOOD SERVICE AND HOUSING TO APPROXIMATELY 1500 UNIVERSITY STUDENTS.
Expenses $11,431,354 · Revenue $15,539,212
-
PROVIDE ACADEMIC SUPPORT TO APPROXIMATELY 1500 STUDENTS THROUGH LIBRARY FACILITIES AND INSTRUCTIONAL COMPUTER SERVICE AND PROVIDE PUBLIC SERVICE THROUGH OUR BJORKLUDEN CAMPUS IN DOOR COUNTY AND THE LAWRENCE COMMUNITY MUSIC SCHOOL.
Expenses $7,662,361 · Revenue $1,482,219
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
William O HochkammerWILLIAM O HOCHKAMMER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William J BaerWILLIAM J BAER
TRUSTEE, SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
David BlowersDAVID BLOWERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher MurrayCHRISTOPHER MURRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl KopeckyCHERYL KOPECKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Irene StrohbeenIRENE STROHBEEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Breanna SkeetsBREANNA SKEETS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Katy Schwartz StreiKATY SCHWARTZ STREI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Martha J OlsonMARTHA J OLSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Barbara LawtonBARBARA LAWTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anton R ValukasANTON R VALUKAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Abir SenABIR SEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher AnzaloneCHRISTOPHER ANZALONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sara QuandtSARA QUANDT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Laurie CarterLAURIE CARTER
PRESIDENT
- Total calculated
- $604,113
- From this org
- $490,701
- From related orgs
- $0
- Other
- $113,412
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $490,701
- Bonus
- $0
- Other
- $0
- Deferred
- $68,870
- Nontaxable benefits
- $44,542
- Filer's total
- $604,113
-
Dean DumonthierDEAN DUMONTHIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah E SchottSARAH E SCHOTT
TRUSTEE, VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Evan BravosEVAN BRAVOS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard MoserRICHARD MOSER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Francesca Romero SiekmanFRANCESCA ROMERO SIEKMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter M MusserPETER M MUSSER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jon StellmacherJON STELLMACHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert PerilleROBERT PERILLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard G FesslerRICHARD G FESSLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cory L NettlesCORY L NETTLES
TRUSTEE, CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tamika FranklinTAMIKA FRANKLIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Susan HallSUSAN HALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shelley A DavisSHELLEY A DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David KnappDAVID KNAPP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lydia HowarthLYDIA HOWARTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Scott D MyersSCOTT D MYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Frederick FisherFREDERICK FISHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David ShepardDAVID SHEPARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Louis B Butler JrLOUIS B BUTLER JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris ClarkeCHRIS CLARKE
VP FOR STUDENT LIFE
- Total calculated
- $200,180
- From this org
- $162,325
- From related orgs
- $0
- Other
- $37,855
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,325
- Bonus
- $0
- Other
- $0
- Deferred
- $13,759
- Nontaxable benefits
- $24,096
- Filer's total
- $200,180
-
Kenny YarbroughKENNY YARBROUGH
VP FOR DEI/ANTIRACISM
- Total calculated
- $143,044
- From this org
- $131,628
- From related orgs
- $0
- Other
- $11,416
- Hours/week
- 40
-
Calvin HusmanCALVIN HUSMAN
VP FOR ALUMNI AND DEVELOPMENT
- Total calculated
- $252,483
- From this org
- $211,466
- From related orgs
- $0
- Other
- $41,017
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $211,466
- Bonus
- $0
- Other
- $0
- Deferred
- $17,250
- Nontaxable benefits
- $23,767
- Filer's total
- $252,483
-
Peter BlitsteinPETER BLITSTEIN
PROVOST AND DEAN OF FACULTY
- Total calculated
- $202,413
- From this org
- $179,891
- From related orgs
- $0
- Other
- $22,522
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,891
- Bonus
- $0
- Other
- $0
- Deferred
- $14,526
- Nontaxable benefits
- $7,996
- Filer's total
- $202,413
-
Samir DattaSAMIR DATTA
VP FOR FINANCE & ADMINISTRATION
- Total calculated
- $299,496
- From this org
- $284,983
- From related orgs
- $0
- Other
- $14,513
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $284,983
- Bonus
- $0
- Other
- $0
- Deferred
- $14,513
- Nontaxable benefits
- $0
- Filer's total
- $299,496
-
Eric SchachtERIC SCHACHT
UNIVERSITY COUNSEL
- Total calculated
- $221,889
- From this org
- $192,438
- From related orgs
- $0
- Other
- $29,451
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,640
- Bonus
- $0
- Other
- $15,798
- Deferred
- $9,685
- Nontaxable benefits
- $19,766
- Filer's total
- $221,889
-
Steven ArmstrongSTEVEN ARMSTRONG
DIR. OF IT
- Total calculated
- $147,423
- From this org
- $120,845
- From related orgs
- $0
- Other
- $26,578
- Hours/week
- 40
-
Christyn AbarayCHRISTYN ABARAY
VP, CHIEF OF STAFF
- Total calculated
- $180,272
- From this org
- $146,178
- From related orgs
- $0
- Other
- $34,094
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,178
- Bonus
- $0
- Other
- $0
- Deferred
- $9,827
- Nontaxable benefits
- $24,267
- Filer's total
- $180,272
-
Anna PonderANNA PONDER
VP FOR UNIVERSITY ADVANCEMENT
- Total calculated
- $230,481
- From this org
- $216,359
- From related orgs
- $0
- Other
- $14,122
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,303
- Bonus
- $0
- Other
- $16,056
- Deferred
- $6,508
- Nontaxable benefits
- $7,614
- Filer's total
- $230,481
-
Brian PertlBRIAN PERTL
DEAN OF THE CONSERVATORY OF MUSIC
- Total calculated
- $228,174
- From this org
- $204,553
- From related orgs
- $0
- Other
- $23,621
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,280
- Bonus
- $0
- Other
- $19,273
- Deferred
- $14,097
- Nontaxable benefits
- $9,524
- Filer's total
- $228,174
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
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
Answered no
- 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 FOLLOWING INDIVIDUALS RECEIVED HOUSING ALLOWANCES INCLUDED IN THEIR 2023 CALENDAR TAXABLE COMPENSATION - - ERIC SCHACHT - BRIAN PERTL THE FOLLOWING INDIVIDUALS ARE REQUIRED TO LIVE ON UNIVERSITY PROPERTY AND RECEIVED HOUSING ALLOWANCES NOT INCLUDED IN THEIR 2023 CALENDAR TAXABLE COMPENSATION - - LAURIE CARTER THE FOLLOWING INDIVIDUALS RECEIVED PERSONAL SERVICES FOR HANDYMAN AND LANDSCAPER SERVICES NOT INCLUDED IN THEIR 2023 CALENDAR TAXABLE COMPENSATION - - LAURIE CARTER
- PART I, LINES 4A-B
- LAWRENCE UNIVERSITY ESTABLISHED A 457(F) PLAN FOR THE PRESIDENT. LAURIE CARTER (CURRENT PRESIDENT) HAD EMPLOYER CONTRIBUTIONS TO THE 457(F) PLAN OF $30,000 FOR CALENDAR YEAR ENDED DECEMBER 31, 2023. JEFFREY STANNARD RECEIVED SEVERANCE PAYMENTS OF $43,526 FOR CALENDAR YEAR ENDED DECEMBER 31, 2023. RYAN BOEHM RECEIVED SEVERANCE PAYMENTS OF $5,453 FOR CALENDAR YEAR ENDED DECEMBER 31, 2023. ASHLEY LEWIS RECEIVED SEVERANCE PAYMENTS OF $16,123 FOR CALENDAR YEAR ENDED DECEMBER 31, 2023. DENA REUBEN RECEIVED SEVERANCE PAYMENTS OF $5,769 FOR CALENDAR YEAR ENDED DECEMBER 31, 2023.
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
- 2023
- Filed
- 12 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511339349309656
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