Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $34,575

• 1e · Government grants (contributions)

  $798,376

• 1f · All other contributions, gifts and grants

  $7,281,893

• 2a · Program service revenue: TUITION AND FEES

  total $112,288,940 · related or exempt $112,288,940

• 2b · Program service revenue: AUXILIARY

  total $22,306,216 · related or exempt $22,306,216

• 2c · Program service revenue: OTHER INCOME

  total $1,010,499 · related or exempt $1,010,499

• 2f · All other program service revenue

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

• 3 · Investment income

  total $6,317,540 · unrelated business $282,872 · excluded $6,034,668

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $10,602,771 · other assets $3,161

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

  securities $6,536,714

• 7c · Gain or loss

  securities $4,066,057 · other assets $3,161

• 7d · Net gain or loss

  total $4,069,218 · unrelated business $62,393 · excluded $4,006,825

• 8a · Fundraising events: gross income

  $65,521

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

  $34,575

• 8b · Fundraising events: direct expenses

  $53,443

• 8c · Net income from fundraising events

  total $12,078 · excluded $12,078

• 9a · Gaming: gross income

  $60,600

• 9b · Gaming: direct expenses

  $19,551

• 9c · Net income from gaming

  total $41,049 · excluded $41,049

• 11d · All other revenue

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

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $135,833 · program services $135,833

• 2 · Grants to domestic individuals

  total $60,609,105 · program services $60,609,105

• 5 · Compensation of officers, directors and key employees

  total $1,075,147 · program services $142,404 · management and general $932,743

• 7 · Other salaries and wages

  total $39,138,414 · program services $33,188,323 · management and general $4,502,498 · fundraising $1,447,593

• 8 · Pension plan contributions

  total $2,417,072 · program services $1,990,519 · management and general $332,634 · fundraising $93,919

• 9 · Other employee benefits

  total $5,696,949 · program services $5,253,505 · management and general $386,168 · fundraising $57,276

• 10 · Payroll taxes

  total $2,768,052 · program services $2,303,157 · management and general $366,651 · fundraising $98,244

• 11b · Fees: legal

  total $299,399 · program services $14,908 · management and general $284,491

• 11c · Fees: accounting

  total $81,995 · program services $4,000 · management and general $77,995

• 11f · Fees: investment management

  total $316,596 · management and general $316,596

• 11g · Fees: other

  total $10,876,316 · program services $8,626,192 · management and general $2,153,625 · fundraising $96,499

• 12 · Advertising and promotion

  total $942,711 · program services $479,382 · management and general $409,356 · fundraising $53,973

• 13 · Office expenses

  total $2,310,441 · program services $2,180,557 · management and general $76,096 · fundraising $53,788

• 14 · Information technology

  total $540,908 · program services $362,232 · management and general $173,634 · fundraising $5,042

• 16 · Occupancy

  total $5,166,746 · program services $5,063,823 · management and general $101,568 · fundraising $1,355

• 17 · Travel

  total $2,818,334 · program services $2,663,620 · management and general $69,479 · fundraising $85,235

• 20 · Interest

  total $3,457,760 · program services $121,639 · management and general $3,336,121

• 22 · Depreciation, depletion and amortization

  total $9,965,703 · program services $9,552,801 · management and general $412,902

• 23 · Insurance

  total $908,958 · program services $461,518 · management and general $446,641 · fundraising $799

• 24a · Other expenses: COGS - FOOD SERVICE

  total $4,611,588 · program services $4,611,588

• 24b · Other expenses: PROGRAMMING

  total $1,241,296 · program services $958,004 · management and general $228,680 · fundraising $54,612

• 24c · Other expenses: OTHER EXPENSES

  total $994,166 · program services $770,197 · management and general $222,183 · fundraising $1,786

• 24d · Other expenses: LIBRARY ACQUISITIONS

  total $953,706 · program services $953,706

• 24e · All other expenses

  total $812,554 · program services $649,750 · management and general $78,205 · fundraising $84,599

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,282 · end of year $4,022

• 2 · Savings and temporary cash investments

  beginning of year $20,036,803 · end of year $10,472,716

• 3 · Pledges and grants receivable

  beginning of year $10,178,535 · end of year $8,830,760

• 4 · Accounts receivable

  beginning of year $711,108 · end of year $805,023

• 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 $8,469,463 · end of year $7,886,772

• 8 · Inventories for sale or use

  beginning of year $230,360 · end of year $223,723

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,031,409 · end of year $1,895,309

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

  $308,352,754

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

  $167,337,349

• 10c · Land, buildings and equipment, net

  beginning of year $142,476,065 · end of year $141,015,405

• 11 · Investments: publicly traded securities

  beginning of year $123,467,243 · end of year $138,921,217

• 12 · Investments: other securities

  beginning of year $79,225,894 · end of year $79,622,096

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $26,680,013 · end of year $29,142,912

• 17 · Accounts payable and accrued expenses

  beginning of year $10,909,747 · end of year $8,611,154

• 19 · Deferred revenue

  beginning of year $2,408,339 · end of year $3,130,824

• 20 · Tax-exempt bond liabilities

  beginning of year $25,005,557 · end of year $24,774,125

• 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 $64,267,697 · end of year $63,253,098

• 25 · Other liabilities

  beginning of year $11,361,493 · end of year $11,487,761

• 27 · Net assets without donor restrictions

  beginning of year $63,478,117 · end of year $57,177,578

• 28 · Net assets with donor restrictions

  beginning of year $236,078,225 · end of year $250,385,415

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use

THE UNIVERSITY FURNISHES A RESIDENCE TO THE PRESIDENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE PRESIDENT IS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF HER EMPLOYMENT, AND TEH RESIDENCE IS CONTIGUOUS TO CAMPUS. THE VALUE OF THE OCCUPANCE OF THE RESIDENCE IS NOT INCLUDED IN HER TAXABLE INCOME. THE PRESIDENT ALSO REGULARLY CONDUCTS BUSINESS IN THE HOME INCLUDING STUDENT EVENTS, DONOR RECEPTIONS, BUSINESS MEETINGS AND OTHER BUSINESS RELATED MATTERS.

Schedule J, Part I, Line 1a Health or social club dues or initiation fees

SOCIAL CLUB DUES ARE PROVIDED FOR BUSINESS PURPOSES ONLY TO THE PRESIDENT AND THE DEAN OF THE DICKE COLLEGE OF BUSINESS.

Related corporations and trusts

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

• THE INN AT OHIO MANAGEMENT COMPANY

  C Corporation · HOTEL/RESTAURANT · OH · 100% owned · share of income $1,395,677 · share of assets $144,595 · controlled entity

  Directly controlled by ONU

• CHARITABLE REMAINDER TRUSTS (4)

  Trust · CHAR. REM. TRUSTS · OH

  Directly controlled by NA

• PERPETUAL TRUSTS (2)

  Trust · PERPETUAL TRUSTS · OH

  Directly controlled by NA