Skip to content
Nonprofiteer
← BAKER UNIVERSITY

Form 990 for tax year 2024

Filed by BAKER UNIVERSITY.

Totals

Total revenue
$51,775,622
Total expenses
$58,782,883
Contributions and grants received
$5,281,004
Grants paid
$19,197,751
Program service revenue
$42,657,670
Investment income
$3,164,304
Other revenue
$672,644
Total assets, end of year
$107,195,495
Total liabilities, end of year
$26,631,258
Net assets or fund balances, end of year
$80,564,237
Program services expenses (Part IX)
$49,112,847
Management and general expenses
$8,305,207
Fundraising expenses
$1,364,829
Program service expenses (Part III)
$49,112,847

Program services were 83.5% 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.

  • 1e · Government grants (contributions)

    $90,795

  • 1f · All other contributions, gifts and grants

    $5,190,209

  • 1g · Noncash contributions included above

    $189,268

  • 2a · Program service revenue: TUITION AND FEES

    total $36,984,627 · related or exempt $36,984,627

  • 2b · Program service revenue: ROOM AND BOARD

    total $2,574,612 · related or exempt $2,574,612

  • 2c · Program service revenue: STUDENT CAFETERIA

    total $2,419,183 · related or exempt $2,419,183

  • 2d · Program service revenue: STUDENT ACTIVITIES

    total $679,248 · related or exempt $679,248

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,849,873 · excluded $1,849,873

  • 5 · Royalties

    total $250,860 · excluded $250,860

  • 6a · Gross rents

    real property $146,928

  • 6c · Rental income or loss

    real property $146,928 · personal property $0

  • 6d · Net rental income or loss

    total $146,928 · excluded $146,928

  • 7a · Gross sales of assets other than inventory

    securities $16,074,439

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

    securities $14,760,008

  • 7c · Gain or loss

    securities $1,314,431 · other assets $0

  • 7d · Net gain or loss

    total $1,314,431 · excluded $1,314,431

  • 11a · Other revenue: QUALIFIED PARTNERSHIP INVESTMENT

    total -$2,934 · unrelated business -$2,934

  • 11d · All other revenue

    total $277,790 · related or exempt $0 · unrelated business $0 · excluded $277,790

  • 11e · Other revenue, total

    $274,856

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $19,197,751 · program services $19,197,751

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $717,385 · program services $171,309 · management and general $290,290 · fundraising $255,786

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $14,744,584 · program services $12,744,278 · management and general $1,298,814 · fundraising $701,492

  • 8 · Pension plan contributions

    total $334,079 · program services $244,074 · management and general $65,168 · fundraising $24,837

  • 9 · Other employee benefits

    total $919,082 · program services $814,687 · management and general $63,582 · fundraising $40,813

  • 10 · Payroll taxes

    total $1,114,137 · program services $939,977 · management and general $109,625 · fundraising $64,535

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $144,794 · program services $0 · management and general $144,794 · fundraising $0

  • 11c · Fees: accounting

    total $29,483 · program services $0 · management and general $29,483 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $319,596 · program services $0 · management and general $319,596 · fundraising $0

  • 11g · Fees: other

    total $5,419,849 · program services $4,795,047 · management and general $612,254 · fundraising $12,548

  • 12 · Advertising and promotion

    total $681,796 · program services $879 · management and general $680,917 · fundraising $0

  • 13 · Office expenses

    total $161,736 · program services $136,958 · management and general $20,374 · fundraising $4,404

  • 14 · Information technology

    total $345,342 · program services $193,322 · management and general $140,796 · fundraising $11,224

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $2,418,271 · program services $1,353,748 · management and general $985,929 · fundraising $78,594

  • 17 · Travel

    total $493,389 · program services $452,676 · management and general $12,515 · fundraising $28,198

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $37,131 · program services $23,667 · management and general $9,289 · fundraising $4,175

  • 20 · Interest

    total $853,250 · program services $658,137 · management and general $165,405 · fundraising $29,708

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $2,787,474 · program services $2,560,802 · management and general $221,258 · fundraising $5,414

  • 23 · Insurance

    total $694,119 · program services $175,319 · management and general $518,800

  • 24a · Other expenses: ATHLETIC EXPENSE

    total $1,776,737 · program services $1,776,737 · management and general $0 · fundraising $0

  • 24b · Other expenses: EQUIPMENT AND MAINTENANCE

    total $932,028 · program services $10,637 · management and general $910,360 · fundraising $11,031

  • 24c · Other expenses: LIBRARY EXPENSE

    total $200,417 · program services $200,417 · management and general $0 · fundraising $0

  • 24d · Other expenses: GIVE SOMETHING BACK PAYMENT

    total $93,660 · program services $93,660 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $4,366,793 · program services $2,568,765 · management and general $1,705,958 · fundraising $92,070

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $82,076 · end of year $82,057

  • 2 · Savings and temporary cash investments

    beginning of year $40,099 · end of year $29,903

  • 3 · Pledges and grants receivable

    beginning of year $329,793 · end of year $842,616

  • 4 · Accounts receivable

    beginning of year $1,508,598 · end of year $2,468,482

  • 5 · Loans and receivables from officers and key people

    beginning of year $535,346 · end of year $544,806

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $52,502 · end of year $57,278

  • 9 · Prepaid expenses and deferred charges

    beginning of year $286,728 · end of year $427,890

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

    $99,113,496

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

    $55,806,156

  • 10c · Land, buildings and equipment, net

    beginning of year $43,698,722 · end of year $43,307,340

  • 11 · Investments: publicly traded securities

    beginning of year $56,529,883 · end of year $52,872,284

  • 12 · Investments: other securities

    beginning of year $5,570,474 · end of year $5,256,620

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $3,216,918 · end of year $1,306,219

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,192,896 · end of year $2,635,868

  • 19 · Deferred revenue

    beginning of year $1,530,739 · end of year $2,534,768

  • 20 · Tax-exempt bond liabilities

    beginning of year $13,305,000 · end of year $12,665,000

  • 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 $6,386,121 · end of year $6,438,421

  • 25 · Other liabilities

    beginning of year $3,076,547 · end of year $2,357,201

  • 27 · Net assets without donor restrictions

    beginning of year $33,098,756 · end of year $31,573,109

  • 28 · Net assets with donor restrictions

    beginning of year $52,261,080 · end of year $48,991,128

Mission and programs · 2024

Mission

BAKER UNIVERSITY IS COMMITTED TO ASSURING STUDENT LEARNING AND DEVELOPMENT OF CONFIDENT, COMPETENT AND RESPONSIBLE CONTRIBUTORS TO SOCIETY.

  • BAKER UNIVERSITY PROVIDES UNDERGRADUATE, GRADUATE, AND DOCTORAL STUDENTS WITH THE KNOWLEDGE AND SKILLS NECESSARY TO BECOME A SUCCESSFUL MEMBER OF ANY COMMUNITY. BAKER'S 2,500 COMBINED STUDENT BODY CONTINUES A LONG TRADITION OF GAINING THE KNOWLEDGE AND CONFIDENCE TO SET HIGH GOALS AND ATTAIN THEM. BAKER UNIVERSITY WAS FOUNDED ON FEBRUARY 12, 1858, IN BALDWIN CITY, KANSAS. THE SCHOOL OF PROFESSIONAL AND GRADUATE STUDIES WAS FORMED IN 1988. THE SCHOOL OF NURSING WAS FORMED IN 1991. THE SCHOOL OF EDUCATION WAS FORMED IN 2005.

    Expenses $49,112,847 · Grants $18,178,043 · Revenue $42,657,670

As filed on the 2024 return.

Listed in Part VII

  • Hoot Gibson

    TRUSTEE/PRESIDENT (BEGAN 01/2025)

    Total calculated
    $0
    Hours/week
    1
  • Brenda Stasiulis

    CHAIRPERSON OF THE BOARD

    Total calculated
    $0
    Hours/week
    1
  • Dale Werts

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dustin Baker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Eddie King

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Eric Conaway

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gene Meyer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gordon Lansford III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Greg Stoskopf

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jason Hooper

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Thomson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Warne

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kenneth Garrett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Melissa Ness

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mike McCarthy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Rev Dr Ira Despain

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Scott Grauer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Silas Dulan III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Skip Kalb

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Spencer Breithaupt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stacie Prosser

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stuart Dorsey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alan Salts

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $144,262
    From this org
    $126,954
    From related orgs
    $0
    Other
    $17,308
    Hours/week
    60
  • Cassandra Bailey

    VP OF STUDENT AFFAIRS & ENROLLMENT MANAGEMENT

    Total calculated
    $180,039
    From this org
    $155,385
    From related orgs
    $0
    Other
    $24,654
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $155,385
    Bonus
    $0
    Other
    $0
    Deferred
    $4,950
    Nontaxable benefits
    $19,704
    Filer's total
    $180,039
  • Darcy Russell

    VP OF ACADEMIC AFFAIRS/DEAN

    Total calculated
    $140,551
    From this org
    $128,963
    From related orgs
    $0
    Other
    $11,588
    Hours/week
    60
  • Lynne E Murray

    PRESIDENT (ENDED 12/2024)

    Total calculated
    $361,459
    From this org
    $336,566
    From related orgs
    $0
    Other
    $24,893
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $311,566
    Bonus
    $25,000
    Other
    $0
    Deferred
    $9,270
    Nontaxable benefits
    $15,623
    Filer's total
    $361,459
  • Matthew Bice

    DEAN OF SPGS/GSOE

    Total calculated
    $200,609
    From this org
    $170,283
    From related orgs
    $0
    Other
    $30,326
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $170,283
    Bonus
    $0
    Other
    $0
    Deferred
    $5,604
    Nontaxable benefits
    $24,722
    Filer's total
    $200,609
  • Norman Houser

    ASSOC VP FOR ADVANCEMENT

    Total calculated
    $202,593
    From this org
    $151,711
    From related orgs
    $0
    Other
    $50,882
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $127,054
    Bonus
    $0
    Other
    $24,657
    Deferred
    $4,981
    Nontaxable benefits
    $45,901
    Filer's total
    $202,593
  • Darla Prather

    EXECUTIVE DIRECTOR OF FINANCE

    Total calculated
    $139,538
    From this org
    $123,280
    From related orgs
    $0
    Other
    $16,258
    Hours/week
    60
  • Gary Schieber

    EXEC DIRECTOR OF TECHNOLOGY

    Total calculated
    $127,947
    From this org
    $116,716
    From related orgs
    $0
    Other
    $11,231
    Hours/week
    60

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 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 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 Housing allowance or residence for personal use
Baker University provided president housing for the president for business use and not living quarters. No amount was included in her W-2 taxable compensation, as this is 100% business use.

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.

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 (1)

    Trust · CHARITABLE TR · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
11 May 2026
IRS schema version
2024v5.1
Source object
202601319349302995

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.