Marian University
84% goes to programs $6 to raise $100 Strong reserves Growing revenue
Marian University is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1946, with $205,542,262 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
3200 Cold Spring Rd, Indianapolis, IN, 46222 EIN 35-0868175 Since 1946
Revenue (FY2023)
$205.5M
▲ 17.0% vs prior year
Education median: $200K
Expenses (FY2023)
$185.7M
Net assets
$213.0M
Employees
1,958
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $6 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 Marian University: 84% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +10% 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 Marian University: 14 mo reserves · +10% margin earns a A 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 Marian 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 Marian University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To be a great catholic university dedicated to excellence in learning, achieved by teaching, research, & scholarly activities in franciscan & liberal arts tradition.
What they do
College of osteopathic medicine is the only college of osteopathic medicine in the state of indiana and the 2nd medical school (along with indiana university medical school). the university graduated its fourth class of 154 students in spring 2020. 100% of these graduates were placed in residencies. the primary goal is to place physicians in indiana and the neighboring states. 35% chose family medicine. the bio-medical sciences programs, which falls under the umbrella of college of osteopathic medicine, are designed to enhance medical and professional school applications with graduate sciences courses similar to the first year of medical school. seventy-three students enrolled in fall 2019.
Contact & location
- Address
- 3200 Cold Spring Rd, Indianapolis, IN, 46222
- City
- Indianapolis
- State
- Indiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $79.5M (FY2013) to $205.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $155.6MNet assets $213.0M
Operating margin
9.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$368.6M
Total liabilities
$155.6M
Net assets
$213.0M
Salaries & benefits
$70.6M
38% of expenses
Board members
45
44 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $205,542,262▲17.0% | $185,685,218▲7.1% | $213,040,102▲17.5% | $368,627,858▲10.5% | 990 |
| 2022 | $175,718,071▼2.4% | $173,371,841▲5.2% | $181,338,260▲7.7% | $333,685,752▲3.7% | 990 |
| 2021 | $180,104,345▲2.2% | $164,734,053▲20.1% | $168,318,253▼5.1% | $321,638,726▼0.7% | 990 |
| 2020 | $176,218,802▲28.2% | $137,219,541▲8.5% | $177,326,997▲49.9% | $323,995,376▲20.7% | 990 |
| 2019 | $137,445,617▼2.4% | $126,491,363▲1.9% | $118,333,473▼0.5% | $268,495,612▲10.4% | 990 |
| 2018 | $140,871,347▲6.2% | $124,174,045▲8.4% | $118,871,683▲8.7% | $243,160,642▲2.9% | 990 |
| 2017 | $132,637,749▲10.5% | $114,533,094▲9.2% | $109,361,296▲17.8% | $236,293,063▲6.4% | 990 |
| 2016 | $120,051,091▲5.2% | $104,910,775▲7.9% | $92,812,849▲23.8% | $222,067,744▲5.5% | 990 |
| 2015 | $114,118,011▲15.5% | $97,267,793▲8.4% | $74,946,217▼12.3% | $210,473,251▼0.8% | 990 |
| 2014 | $98,839,148▲24.3% | $89,730,922▲9.3% | $85,497,034▼10.7% | $212,167,838▼4.2% | 990 |
| 2013 | $79,494,435 | $82,112,779▲22.4% | $95,711,547▲0.6% | $221,493,540▲1.0% | 990 |
| 2012 | — | $67,100,639▲1.8% | $95,136,125▲4.8% | $219,338,558▲1.7% | 990 |
| 2011 | — | $65,938,748▲17.6% | $90,817,955▼8.6% | $215,586,510▲61.3% | 990 |
| 2010 | — | $56,051,317▲12.5% | $99,392,394▲29.1% | $133,690,583▲26.7% | 990 |
| 2009 | — | $49,839,536 | $76,984,873 | $105,478,984 | 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: Daniel J Elsener — $885,329 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Daniel J Elsener | President, Marian University | 40 | $885,329 |
| Amanda Wright | Dean of Com | 40 | $368,115 |
| Clif Knight | Assist. Dean of Clinic Affairs | 40 | $362,887 |
| Marsha Casey | Sr. Vp of Health Professions | 40 | $265,273 |
| Anthony Martin | Assistant Dean of Clinical Affairs | 40 | $257,666 |
| Kenith C Britt | Sr. Vp of Strat. Growth & Inn | 40 | $252,933 |
| David C Eland | Prof. of Osteo. Princ. & Prac. | 40 | $248,443 |
| Greg E Rawski | Dean - Byrum School of Bus. | 40 | $239,911 |
| Gregory Ginder | Sr. Vp For Pers,. Fin. & Tech | 40 | $238,214 |
| John Lucich | Chair of Internal Medicine | 40 | $238,127 |
| Luke J Nelligan | Sr. Advisor To the Com Dean | 40 | $232,072 |
| Alan Silva | Executive Vp & Provost | 40 | $227,104 |
| John F Finke | Vp For Institution Advancement | 40 | $176,914 |
| Raymond L Stanley | Vp & Chief Information Officer | 40 | $175,770 |
| Deborah Anne Lawrence | Sr, Vp For Strat. Ptnship & Gc | 40 | $169,220 |
| Bradley Wucher | Vp of Enrollment, Mkt. & Comm. | 40 | $167,771 |
| Ruth Randolph Rodgers | Sr. Vp For Leadership Integ. | 40 | $159,145 |
| Latonya Turner | Dean Klipsch Educators College | 40 | $153,768 |
| Natalie Tucker | Chancellor, Ancilla College Mu | 40 | $122,831 |
| Adam P Setmeyer | Vp For Mission & Ministry | 40 | $111,672 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Browning Construction | Construction | $6,649,991 |
| Aramark Food Services Inc | Food Service | $6,645,446 |
| Orbis Education | On-line Nursing Support | $6,174,691 |
| Boston College | Educational Services | $1,820,880 |
| The Indianapolis Star | Advertising | $1,172,313 |
Grants received · $37.1M total
134 grants to Marian University totaling $37.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Central Indiana Community Foundation Inc | Drew hall | 2024 | $315,750 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $141,000 |
| Indiana University Health Ball Memorial Hospital Inc | Community benefit | 2024 | $105,128 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $100,000 |
| Indianapolis Foundation Inc | 21st century endowed scholarship fund | 2024 | $61,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $60,088 |
| Strada Education Foundation Inc | Operating grant | 2024 | $51,000 |
| Project Lead the Way Inc | Stem furtherance | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $42,295 |
| American Endowment Foundation | Educational | 2024 | $38,750 |
| Agnesian Healthcare Inc | General support | 2024 | $30,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $21,000 |
| The Blackbaud Giving Fund | General support | 2024 | $17,500 |
| Greater Horizons | Education | 2024 | $10,000 |
| United Way of Central Indiana Inc | Donor choice | 2024 | $5,836 |
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Compare Marian University
Frequently asked questions
- Is Marian University a legitimate nonprofit?
- Yes. Marian University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0868175, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Marian University's EIN?
- Marian University's Employer Identification Number (EIN) is 35-0868175.
- How much revenue does Marian University report?
- Marian University reported $205,542,262 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Marian University's spending goes to programs?
- Marian University spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Marian University have?
- CharityIndex grades Marian University A, based on program efficiency and fundraising cost.
- How much does Marian University's highest-paid employee make?
- The highest reported compensation on Marian University's latest Form 990 is $885,329, paid to Daniel J Elsener (President, Marian University).
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Explore more
Data for Marian University (EIN 35-0868175) 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.