Augsburg University is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1919, with $153,576,736 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
Revenue (FY2024)
$153.6M
▲ 10.6% vs prior year
Education median: $200K
Expenses (FY2024)
$151.2M
Net assets
$139.4M
Employees
1,428
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Augsburg University: 92% to programs · $19 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Augsburg University: 11 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Augsburg University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Augsburg University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A private lutheran four-year university located in downtown minneapolis.
Academic support and student servicesaugsburg university provides innovative programming and support services to nearly 3,500 undergraduate and graduate learners. as an example, the gage center for student success provides advising, tutoring, and other academic support services to all undergraduate and graduate students. the gage center includes the center for learning and accessible student services, academic specialists who provide individualized accommodations for students with cognitive, learning, and physical disabilities. in addition, stepup augsburg's innovative, nationally recognized residential college recovery program supports 40-60 students each year with counseling, substance-free housing, and leadership development. through the integrated services of the enrollment center, students and families can receive counseling and support with tuition payment plans, scholarships, financial aid, and registration. nearly half of all augsburg students participate in sports at the intercollegiate or intramural level and students can also participate in one of augsburg's 50 student organizations. students are also supported academically by the lindell library which as nearly 500,000 books and e-books, 150,000 streaming videos and audio files, and more than 200 databases with access to another 500 million titles worldwide through the oclc worldcat database.
Auxiliary servicesaugsburg university's residence life program seeks to develop residents who are both students and neighbors in an urban collegiate setting. the university has five residence halls and three dining venues. during fall 2025, augsburg was home to over 700 students, with nearly 600 participating in student meal plans. augsburg's dining services provide a wide variety of meals that meet nutritional, religious, and cultural requirements and educate students about nutrition and sustainable food practices. a campus bookstore offers a variety of goods for students, faculty, staff, and the general public.
Revenue grew from $106.1M (FY2013) to $153.6M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$215.7M
Total liabilities
$76.3M
Net assets
$139.4M
Salaries & benefits
$50.2M
33% of expenses
Board members
28
27 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $153,576,736▲10.6% | $151,174,346▲4.3% | $139,373,002▲3.5% | $215,656,761▲3.1% | 990 |
| 2023 | $138,871,492▲6.8% | $144,941,959▲5.5% | $134,624,646▲0.8% | $209,245,225▼3.1% | 990 |
| 2022 | $130,082,142▼2.9% | $137,384,183▲2.3% | $133,550,881▼5.8% | $215,948,379▼2.2% | 990 |
| 2021 | $133,913,998▲7.2% | $134,272,678▲9.6% | $141,790,339▲0.5% | $220,780,212▼0.2% | 990 |
| 2020 | $124,896,585▼4.6% | $122,472,953▼7.2% | $141,043,868▲12.2% | $221,278,205▲5.6% | 990 |
| 2019 | $130,985,918▲9.5% | $132,000,298▲7.4% | $125,707,319▼0.1% | $209,465,774▼0.9% | 990 |
| 2018 | $119,649,668▲1.0% | $122,861,179▲5.3% | $125,785,796▼1.6% | $211,415,544▼1.4% | 990 |
| 2017 | $118,483,366▼5.7% | $116,681,493▲8.1% | $127,840,576▲12.9% | $214,469,857▲36.4% | 990 |
| 2015 | $125,611,896▲18.8% | $107,942,658▲6.4% | $113,253,066▲16.3% | $157,266,702▲9.8% | 990 |
| 2014 | $105,762,361▼0.4% | $101,420,549▲2.8% | $97,404,197▲6.8% | $143,172,301▲0.6% | 990 |
| 2013 | $106,148,308 | $98,705,257 | $91,181,010▲12.6% | $142,260,665▲10.3% | 990 |
| 2012 | — | $98,738,713▲0.2% | $81,000,318▲7.9% | $128,938,582▲1.2% | 990 |
| 2011 | — | $98,496,577▲0.2% | $75,098,177▲2.5% | $127,453,234▼0.5% | 990 |
| 2010 | — | $98,321,824▲6.6% | $73,244,748▲9.8% | $128,040,620▲6.2% | 990 |
| 2009 | — | $92,261,938 | $66,736,435 | $120,527,957 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Paul Pribbenow — $436,501 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paul Pribbenow | President | 40 | $436,501 |
| Monnica Devers | Dean of Prof. Studies | 40 | $261,305 |
| John Coskran | Cfo | 40 | $251,642 |
| Robert Gould | Vp of Strategic Enrollment | 40 | $242,861 |
| Paula O'loughlin | Provost and Sr Vp | 40 | $220,751 |
| Ryan Haaland | Dean of Arts and Science | 40 | $201,990 |
| Rebecca John | Vp and Coo | 40 | $199,542 |
| Leif Anderson | Vp and Cso | 40 | $188,288 |
| Amy Alkire | Vp of Advancement | 40 | $180,508 |
| Sarah Erkkinen | Assist Vp Instituional Advancement | 40 | $162,975 |
| Cheryl Chatman | Regent | 2 | — |
| Chris Johnson | Regent | 2 | — |
| Cyrus Batheja | Regent | 2 | — |
| Dean Sundquist | Treasurer | 2 | — |
| Dennis Meyer | Chair | 2 | — |
| Diane Jacobson | Regent | 2 | — |
| Ellen Ewald | Regent | 2 | — |
| Eric Jolly | Regent | 2 | — |
| Ethelind Kaba | Regent | 2 | — |
| Jill Thomas | Secretary | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Aladdin Food Management Services LLC | Food Service | $1,690,725 |
| Ap Midwest LLC | Construction Services | $945,170 |
| Metropolitan Mechanical Contractor | Mechanical Services | $639,582 |
| Barnes & Noble College Booksellers | Bookstore Services | $390,278 |
| Ulster University | Study Abroad | $280,218 |
170 grants to Augsburg University totaling $11.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minneapolis Foundation | Donor advised, education | 2024 | $72,800 |
| Tulsa Community Foundation | General operations | 2024 | $51,000 |
| American Online Giving Foundation Inc | General support | 2024 | $24,973 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $20,400 |
| Macalester College | Research subgrant | 2024 | $15,000 |
| Thrivent Financial For Lutherans | General support | 2024 | $14,844 |
| American Endowment Foundation | Educational | 2024 | $12,500 |
| Mightycause Charitable Foundation | Unrestricted | 2024 | $11,776 |
| The Community Foundation For Greater Atlanta Inc | Unknown | 2024 | $10,000 |
| The Bessemer Giving Fund | Scholarship fund | 2024 | $10,000 |
| The Community Fdn of Middle Tn Inc | Benefiting the batalden ethics fund | 2024 | $5,268 |
| The Blackbaud Giving Fund | General support | 2024 | $5,046 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $322,950 |
| Donor Advised Charitable Giving | Education | 2023 | $304,441 |
| Minneapolis Foundation | Education, donor-advised, education | 2023 | $136,524 |
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Data for Augsburg University (EIN 41-0694721) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.