Illinois Wesleyan University
95% goes to programs $0 to raise $100 Strong reserves Declining revenue
Illinois Wesleyan University is a 501(c)(3) organization based in Bloomington, Illinois, registered in 1940, with $66,128,003 in FY2023 revenue. CharityIndex grades it B+, and it directs about 95% of spending to programs.
1312 Park St, Bloomington, IL, 61701 EIN 37-0662594 Since 1940
Revenue (FY2023)
$66.1M
▲ 6.8% vs prior year
Education median: $200K
Expenses (FY2023)
$78.0M
Net assets
$328.1M
Employees
1,705
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating95% to programs · $0 to raise $100
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 Illinois Wesleyan University: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating51 mo reserves · -18% margin
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 Illinois Wesleyan University: 51 mo reserves · -18% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Illinois Wesleyan University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Illinois Wesleyan University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The university strives to attain the ideal of a liberal arts education while providing unique opportunities with its distinctive curricula and programs. a liberal arts education fosters creativity, critical thinking, effective communication, strength of character and a spirit of inquiry; it deepens the specialized knowledge of a discipline with a comprehensive world view.
What they do
All other accomplishments:instruction to approximately 1,650 students for baccalaureate degrees in the liberal arts and sciences, nursing, fine arts, drama and music. student services include education, housing, and board.
Contact & location
- Address
- 1312 Park St, Bloomington, IL, 61701
- City
- Bloomington
- State
- Illinois
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $79.4M (FY2013) to $66.1M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $108.2MNet assets $328.1M
Operating margin
-17.9%
Spent more than it raised in the latest fiscal year.
Total assets
$436.3M
Total liabilities
$108.2M
Net assets
$328.1M
Salaries & benefits
$37.6M
48% of expenses
Board members
39
38 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $66,128,003▲6.8% | $77,950,182▲1.7% | $328,133,825▲1.7% | $436,309,632▲2.6% | 990 |
| 2022 | $61,897,510▼24.3% | $76,677,351▲8.8% | $322,556,492▼1.8% | $425,289,918▼1.7% | 990 |
| 2021 | $81,766,269▼42.8% | $70,495,801▲4.1% | $328,590,077▲0.2% | $432,672,024▼1.6% | 990 |
| 2020 | $142,868,777▲97.6% | $67,728,730▼4.1% | $327,980,284▲25.0% | $439,789,641▲16.6% | 990 |
| 2019 | $72,297,405▼2.4% | $70,648,924▼8.1% | $262,454,611▲1.1% | $377,291,473▲0.2% | 990 |
| 2018 | $74,052,550▲8.6% | $76,879,835▲1.6% | $259,514,082▼0.9% | $376,723,932▼1.2% | 990 |
| 2017 | $68,166,368▼18.5% | $75,658,407▲2.0% | $261,919,113▲1.5% | $381,150,421▲1.0% | 990 |
| 2015 | $83,656,018▲4.8% | $74,145,863▼0.7% | $258,006,532▼5.5% | $377,334,345▼4.0% | 990 |
| 2014 | $79,794,548▲0.5% | $74,682,853▼0.6% | $273,039,067▼0.3% | $393,108,424▼0.6% | 990 |
| 2013 | $79,374,884 | $75,103,764▲3.2% | $273,731,150▲6.1% | $395,382,216▲2.8% | 990 |
| 2012 | — | $72,801,491▲0.2% | $258,058,767▲12.5% | $384,426,354▲7.7% | 990 |
| 2011 | — | $72,659,041▲0.7% | $229,468,373▲1.2% | $356,996,117▲2.6% | 990 |
| 2010 | — | $72,145,487▲1.3% | $226,672,884▲11.7% | $347,911,269▲7.1% | 990 |
| 2009 | — | $71,192,997 | $203,010,250 | $324,890,572 | 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.
Leadership & compensation (FY2023)
Highest-paid: S Georgia Nugent — $450,000 (0.58% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| S Georgia Nugent | President | 40 | $450,000 |
| Mark Brodl | Provost | 40 | $213,303 |
| Gina Mandros | Vp Advancement | 40 | $210,808 |
| Steven Seibring | Vp External Relationships | 40 | $208,100 |
| Leann Hughes | Vp Enrollment & Marketing | 40 | $189,492 |
| John Quarton | Director Petrick Idea Center | 40 | $173,400 |
| Amber Kujath | Professor Director of Nursing | 40 | $164,144 |
| Karla Carney-hall | Vp Student Affairs | 40 | $160,391 |
| Cynthia Lotz | Director of Hr | 40 | $140,020 |
| James Blumberg | Director of Physical Plant | 40 | $130,040 |
| Narendra Jaggi | Physics Professor | 40 | $129,883 |
| Michael Wagner | Athletic Director | 40 | $125,931 |
| Michael Thompson | Associate Vp Institutional Effectiveness | 40 | $120,216 |
| Andy Shirk | Trustee | 2 | — |
| Ann Marquis Fisher | Trustee | 2 | — |
| Colleen Kannaday | Trustee | 2 | — |
| Corey Schieler | Trustee | 2 | — |
| Danielle Kays | Trustee | 2 | — |
| Deon Hornsby | Trustee | 2 | — |
| Derrick Tillman-kelly | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Core Construction Services of Illinois | General Contractor | $9,267,925 |
| Sodexo Services- Memorial Center | Food Services | $5,164,472 |
| L & F Electric Inc | Electrical Contractor | $715,293 |
| Ellucian Company LP | It Services Vendor | $711,774 |
| Mechanical Service of Galesburg Inc | General Contractor | $632,862 |
Grants received · $14.4M total
101 grants to Illinois Wesleyan University totaling $14.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Illinois Wesleyan University a legitimate nonprofit?
- Yes. Illinois Wesleyan University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-0662594, based in Bloomington, Illinois. Donations are tax-deductible.
- What is Illinois Wesleyan University's EIN?
- Illinois Wesleyan University's Employer Identification Number (EIN) is 37-0662594.
- How much revenue does Illinois Wesleyan University report?
- Illinois Wesleyan University reported $66,128,003 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Illinois Wesleyan University's spending goes to programs?
- Illinois Wesleyan University spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Illinois Wesleyan University have?
- CharityIndex grades Illinois Wesleyan University B+, based on program efficiency and fundraising cost.
- How much does Illinois Wesleyan University's highest-paid employee make?
- The highest reported compensation on Illinois Wesleyan University's latest Form 990 is $450,000, paid to S Georgia Nugent (President).
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Data for Illinois Wesleyan University (EIN 37-0662594) 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.