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Nonprofiteer
← UNIVERSITY OF INDIANAPOLIS

Form 990 for tax year 2023

Filed by UNIVERSITY OF INDIANAPOLIS.

Totals

Total revenue
$200,685,291
Total expenses
$199,470,009
Contributions and grants received
$40,053,784
Grants paid
$80,637,389
Program service revenue
$153,862,705
Investment income
$5,888,902
Other revenue
$879,900
Total assets, end of year
$283,982,716
Total liabilities, end of year
$109,083,847
Net assets or fund balances, end of year
$174,898,869
Program services expenses (Part IX)
$187,200,276
Management and general expenses
$10,194,232
Fundraising expenses
$2,075,501
Program service expenses (Part III)
$187,200,276

Program services were 93.8% 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

    $34,465

  • 1e · Government grants (contributions)

    $23,750,708

  • 1f · All other contributions, gifts and grants

    $16,268,611

  • 1g · Noncash contributions included above

    $305,460

  • 2a · Program service revenue: Tuition & fees

    total $136,337,541 · related or exempt $136,337,541

  • 2b · Program service revenue: Auxiliary services

    total $16,658,803 · related or exempt $16,658,803

  • 2c · Program service revenue: Non-Academic Offerings

    total $866,361 · related or exempt $866,361

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $4,528,025 · unrelated business -$206,009 · excluded $4,734,034

  • 6a · Gross rents

    real property $790,054

  • 6b · Less rental expenses

    real property $69,035

  • 6c · Rental income or loss

    real property $721,019 · personal property $0

  • 6d · Net rental income or loss

    total $721,019 · excluded $721,019

  • 7a · Gross sales of assets other than inventory

    securities $26,388,139 · other assets $164,725

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

    securities $24,790,241 · other assets $401,746

  • 7c · Gain or loss

    securities $1,597,898 · other assets -$237,021

  • 7d · Net gain or loss

    total $1,360,877 · excluded $1,360,877

  • 8a · Fundraising events: gross income

    $22,650

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

    $34,465

  • 8b · Fundraising events: direct expenses

    $49,047

  • 8c · Net income from fundraising events

    total -$26,397 · excluded -$26,397

  • 11a · Other revenue: Tennis Center

    total $185,278 · related or exempt $146,015 · unrelated business $39,263

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $185,278

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $13,715,619 · program services $13,715,619

  • 2 · Grants to domestic individuals

    total $66,921,770 · program services $66,921,770

  • 5 · Compensation of officers, directors and key employees

    total $963,337 · management and general $631,935 · fundraising $331,402

  • 7 · Other salaries and wages

    total $51,667,033 · program services $47,700,440 · management and general $2,761,898 · fundraising $1,204,695

  • 8 · Pension plan contributions

    total $2,271,352 · program services $2,096,975 · management and general $121,417 · fundraising $52,960

  • 9 · Other employee benefits

    total $7,997,889 · program services $7,383,873 · management and general $427,533 · fundraising $186,483

  • 10 · Payroll taxes

    total $3,743,527 · program services $3,456,128 · management and general $200,113 · fundraising $87,286

  • 11b · Fees: legal

    total $456,946 · management and general $456,946

  • 11c · Fees: accounting

    total $103,475 · management and general $103,475

  • 11d · Fees: lobbying

    total $6,060 · program services $6,060

  • 11f · Fees: investment management

    total $333,618 · management and general $333,618

  • 11g · Fees: other

    total $7,324,904 · program services $6,421,981 · management and general $858,001 · fundraising $44,922

  • 12 · Advertising and promotion

    total $583,627 · program services $48,644 · management and general $534,329 · fundraising $654

  • 13 · Office expenses

    total $8,266,654 · program services $7,892,499 · management and general $245,926 · fundraising $128,229

  • 14 · Information technology

    total $2,863,469 · program services $2,840,651 · management and general $22,818

  • 16 · Occupancy

    total $6,485,019 · program services $6,327,903 · management and general $157,116

  • 17 · Travel

    total $2,333,651 · program services $2,276,473 · management and general $32,544 · fundraising $24,634

  • 19 · Conferences, conventions and meetings

    total $380,370 · program services $342,702 · management and general $35,395 · fundraising $2,273

  • 20 · Interest

    total $3,995,490 · program services $3,021,811 · management and general $973,679

  • 22 · Depreciation, depletion and amortization

    total $8,630,033 · program services $7,850,257 · management and general $779,776

  • 23 · Insurance

    total $1,330,511 · program services $550,421 · management and general $780,090

  • 24a · Other expenses: Outsourced Operations

    total $6,234,692 · program services $6,234,692

  • 24b · Other expenses: Campus Events and Promotions

    total $1,604,467 · program services $1,269,256 · management and general $323,248 · fundraising $11,963

  • 24c · Other expenses: Instructional Expenses

    total $842,121 · program services $842,121

  • 24d · Other expenses: Loss on Discontinued Operations

    total $414,375 · management and general $414,375

  • 24e · All other expenses

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

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $25,696,972 · end of year $21,902,330

  • 3 · Pledges and grants receivable

    beginning of year $6,124,869 · end of year $3,478,445

  • 4 · Accounts receivable

    beginning of year $7,322,052 · end of year $9,162,919

  • 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

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,967,039 · end of year $1,752,653

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

    $265,708,509

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

    $142,892,064

  • 10c · Land, buildings and equipment, net

    beginning of year $125,901,350 · end of year $122,816,445

  • 11 · Investments: publicly traded securities

    beginning of year $90,778,025 · end of year $105,787,935

  • 12 · Investments: other securities

    beginning of year $16,178,447 · end of year $15,925,988

  • 13 · Investments: program-related

    beginning of year $941,726 · end of year $1,163,636

  • 15 · Other assets

    beginning of year $2,061,382 · end of year $1,992,365

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,429,471 · end of year $11,671,636

  • 19 · Deferred revenue

    beginning of year $2,943,306 · end of year $4,542,356

  • 20 · Tax-exempt bond liabilities

    beginning of year $52,635,341 · end of year $50,361,943

  • 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 $37,682,557 · end of year $38,168,428

  • 24 · Unsecured notes and loans payable

    beginning of year $1,043,473 · end of year $1,043,473

  • 25 · Other liabilities

    beginning of year $4,360,706 · end of year $3,296,011

  • 27 · Net assets without donor restrictions

    beginning of year $23,967,024 · end of year $21,063,099

  • 28 · Net assets with donor restrictions

    beginning of year $140,909,984 · end of year $153,835,770

Mission and programs · 2023

Mission

The University of Indianapolis champions lifelong learning through relevant and innovative education that fosters experiential learning, diverse perspectives, service for impact, and a global mindset.

  • WITH 3,904 UNDERGRADUATE STUDENTS AND 1,490 GRADUATE STUDENTS, THE UNIVERSITY OF INDIANAPOLIS (UINDY) IS A LEADER IN AWARDING DOCTORAL DEGREES IN INDIANA. UINDY PROCDUES MORE CLINICAL PSYCHOLOGISTS THAN ANY OTHER UNIVERSITY IN THE STATE. UINDY HAS A STUDENT-TO-FACULTY RATIO OF 12 TO 1 AND AN AVERAGE CLASS SIZE OF 16 STUDENTS. IN A NATIONAL SURVEY OF COLLEGE STUDENTS, OVER 80% OF FIRST-YEAR AND SENIOR STUDENTS RATE THEIR ENTIRE EDUCATIONAL EXPEREINCE AS 'EXCELLENT 'GOOD'. IN ADDITION, OUR FIRST-YEAR AND SENIOR STUDENTS RANK US SIGNIFICANTLY HIGHER THAN OUR PEERS IN PARTICIPATION WITH SERVICE LEARNING WITH THEIR COURSES. ALMOST TWO THIRDS OF REPORTING FRESHMAN REPORT HAVING COMPLETED AT LEAST ONE HIGH IMPACT PRACTICE SUCH AS SERVICE LEARNING, LEARNING COMMUNITY, OR RESEARCH WITH FACULTY. BY THEIR SENIOR YEAR, VIRTUALLY ALL STUDENTS HAVE COMPLETED A HIGH IMPACT PRACTICE AND ALMOST TWO-THIRDS HAVE COMPLETED MORE THAN ONE. UINDY'S CENTER OF EXCELLENCE IN LEADERSHIP OF LEARNING SUPPORTS TRANSFORMATIONAL CHANGE IN EDUCATION. UINDY'S CENTER FOR AGING & COMMUNITY HAS BEEN PROVIDING EDUCATION, POLICY INPUT, AND TRAINING TO NURSING HOMES, GOVERNMENT AGENCIES, AND INDIVIDUALS FOR OVER 20 YEARS ON REAL-WORLD PROBLEMS RELATED TO AGING. THE UNIVERSITY HAS AFFILIATIONS IN CHINA, INCLUDING A PARTNERSHIP WITH NINGBO INSTITUTE OF TECHNOLOGY. THE RUTH LILLY PERFORMANCE HALL IN THE CHRISTEL DEHAAN FINE ARTS CENTER, AN INDIANAPOLIS LANDMARK, HAS BEEN RATED ONE OF THE FINEST CONCERT HALLS IN THE MIDWEST. THE AU HO-NIEN MUSEUM FEATURES 45 PIECES OF PAINTING, POETRY AND CALLIGRAPHY BY MASTER AU HO-NIEN WHO COMBINES TRADITIONAL CHINESE PAINTING WITH WESTERN PERSPECTIVE.

    Expenses $116,850,134 · Grants $66,921,770 · Revenue $137,349,917

  • ACADEMIC SUPPORT INCLUDES THE SERVICES REQUIRED TO SUPPORT THE INSTRUCTIONAL ACTIVITIES OF THE UNIVERSITY INCLUDING: LIBRARY, ACADEMIC COMPUTING SERVICES, FACULTY DEVELOPMENT AND SUPPORT, AUDIO VISUAL SERVICES, AND THE TV AND RADIO STATIONS USED BY STUDENTS FOR ACADEMIC PURPOSES. STUDENT SUPPORT IN THE FORM OF TUTORING, LEARNING LABS, AND FOR LEARNING DISABILITIES IS ALSO PROVIDED. IN ADDITION, DUE TO VARIOUS GRANTS AND CONTRACTS RECEIVED BY THE UNIVERSITY'S CENTER OF EXCELLENCE AND LEARNING, TRAINING AND DEVELOPMENT SERVICES SERVICES ARE PROVIDED TO LOCAL SCHOOL CORPORATIONS.

    Expenses $32,204,673 · Grants $13,715,619

  • THE UNIVERSITY OF INDIANAPOLIS IS DEDICATED TO THE TOTAL DEVELOPMENT OF THE INDIVIDUAL AND THEREFORE PROVIDES ACADEMIC, CAREER, ATHLETIC, PERSONAL, MENTAL HEALTH, AND SPIRITUAL COUNSELING FOR THOSE WHO SEEK IT. THE GOAL OF EACH OF THESE PROGRAMS IS FOR THE STUDENT TO BECOME SELF-SUFFICIENT AND SELF-DIRECTED. THE UNIVERSITY ALSO PROVIDES PROGRAMS DESIGNED TO ENHANCE THE ACADEMIC PROGRAM OR TO ADDRESS THE THE NEEDS OF SPECIFIC STUDENTS SUCH AS FIRST YEAR MENTORS OR OUR BACCALAUREATE FOR UNIVERSITY OF INDIANAPOLIS LEARNING DISABLED (BUILD) PROGRAM. THE SERVICES OF THESE PROGRAMS ARE AVAILABLE TO STUDENTS ON REQUEST.

    Expenses $24,653,428

  • COMMUNITY SERVICES IS THE PUBLIC SERVICE ARM OF THE UNIVERSITY. IT CONSISTS OF PROVIDING SERVICE TO THE COMMUNITY AT LARGE, ESPECIALLY PROVIDING SERVICES FOR THE AGING THROUGH THE CENTER FOR AGING AND COMMUNITY. THROUGH GRANT AND CONTRACTS WITH THE STATE AND PRIVATE AGENCIES, ASSISTANCE AND TRAINING IS PROVIDED FOR THE AGING BOTH IN QUALITY OF LIVING AND STAYING ENGAGED IN THE WORKFORCE. AUXILIARY SERVICES CONSIST MAINLY OF THE HOUSING AND DINING FACILITIES THAT SERVE STUDENTS ON CAMPUS. THE MAIN FUNCTION IS TO PROVIDE A HEALTHY AND PLEASANT ENVIRONMENT TO ENHANCE THE STUDENTS' ACADEMIC AND SOCIAL NEEDS.

    Expenses $13,492,041 · Revenue $16,658,803

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Resnick

    Chair

    Total calculated
    $0
    Hours/week
    1
  • Deborah Daniels

    Vice Chair

    Total calculated
    $0
    Hours/week
    1
  • Kevin Armstrong

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Tanuja Singh

    University President

    Total calculated
    $351,433
    From this org
    $313,073
    From related orgs
    $0
    Other
    $38,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $286,660
    Bonus
    $0
    Other
    $26,413
    Deferred
    $34,263
    Nontaxable benefits
    $4,097
    Filer's total
    $351,433
  • Adolf Hansen

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Annetta Beauregard

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Barry Howard

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Bill Kiesel

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Carolyn Coleman

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Charles Johnston

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Christopher Doehring

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Dan Yates

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • David Sease

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Derek VanEmon

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Dr Tricia Hern

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Ed Qualls

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Emmanuel Harris

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Ersal Ozdemir

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Gordon Wishard

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Gregory Corsaro

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • John Adams

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Julius Trimble

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Laura Jacquin

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Laura Strain

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Matthew Redshaw

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Michael Watkins

    trustee

    Total calculated
    $0
    Hours/week
    1
  • Murvin Enders

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Phil Terry

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Rev Dr Aleze Fulbright

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Rick Stierwalt

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Stephen Fry

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Sue Anne Gilroy

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Tom Martin

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Vicki Perry

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Yvonne Shaheen

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Cyndi Carrasco

    VP, General Counsel

    Total calculated
    $86,328
    From this org
    $84,684
    From related orgs
    $0
    Other
    $1,644
    Hours/week
    40
  • Rick Graycarek

    VP of Finance and Administration (as of Feb 2024)

    Total calculated
    $0
    Hours/week
    40
  • Chris Plouff

    Executive VP and Provost

    Total calculated
    $303,110
    From this org
    $215,772
    From related orgs
    $0
    Other
    $87,338
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,220
    Bonus
    $0
    Other
    $552
    Deferred
    $55,664
    Nontaxable benefits
    $31,674
    Filer's total
    $303,110
  • Jodi Purtee

    Associate VP and Controller (through May 2024)

    Total calculated
    $208,994
    From this org
    $181,031
    From related orgs
    $0
    Other
    $27,963
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,572
    Bonus
    $10,000
    Other
    $23,459
    Deferred
    $18,504
    Nontaxable benefits
    $9,459
    Filer's total
    $208,994
  • Mary Beth Bagg

    Associate Provost Admin/Deputy to Prov. (through Sept 2023)

    Total calculated
    $344,933
    From this org
    $193,552
    From related orgs
    $0
    Other
    $151,381
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $117,615
    Bonus
    $0
    Other
    $75,937
    Deferred
    $135,864
    Nontaxable benefits
    $15,517
    Filer's total
    $344,933
  • Mary Moore

    VP Institutional Planning and Research (through Aug 2023)

    Total calculated
    $374,133
    From this org
    $212,686
    From related orgs
    $0
    Other
    $161,447
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,832
    Bonus
    $0
    Other
    $81,854
    Deferred
    $148,149
    Nontaxable benefits
    $13,298
    Filer's total
    $374,133
  • Philip Thornton

    VP of Advancement

    Total calculated
    $243,905
    From this org
    $215,567
    From related orgs
    $0
    Other
    $28,338
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,440
    Bonus
    $0
    Other
    $9,127
    Deferred
    $18,874
    Nontaxable benefits
    $9,464
    Filer's total
    $243,905

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

  • 3 · Compensation committee
  • 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

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 4a Severance or change-of-control payment
MARY BETH BAGG RECEIVED AMOUNTS FROM A VOLUNTARY EARLY RETIREMENT PROGRAM IN CALENDAR YEAR 2023. $62,900 IS INCLUDED IN COLUMN B(III) AS OTHER TAXABLE INCOME AND $125,800 IS INCLUDED AS DEFERRED COMPENSATION IN COLUMN C. MARY MOORE RECEIVED AMOUNTS FROM A VOLUNTARY EARLY RETIREMENT PROGRAM IN CALENDAR YEAR 2023. $68,588 IS INCLUDED IN COLUMN B(III) AS OTHER TAXABLE INCOME AND $137,175 IS INCLUDED AS DEFERRED COMPENSATION IN COLUMN C.

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

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

  • Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract

The 10 largest by cash amount. The API serves every itemized grant.

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • UINDY INTERNATIONAL LLC

    EDUCATION · DE · income $0 · assets $0

    Directly controlled by UNIVERSITY OF INDIANAPOLIS

  • UINDY DINING SERVICES LLC

    DINING SERVICES FOR THE UNIVERSITY (Jul 1, 2016 - Dec 31, 2016) · IN · income $0 · assets $0

    Directly controlled by UNIVERSITY OF INDIANAPOLIS

  • SOH RENTAL PROPERTIES LLC

    RENTAL PROPERTIES FOR THE UNIVERSITY · IN · income $336,581 · assets $3,255,703

    Directly controlled by University of Indianapolis

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER UNITRUST (2)

    Trust · TRUST · IN

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202541359349311884

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