Marquette University is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1970, with $750,713,447 in FY2023 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
Revenue (FY2023)
$750.7M
▲ 5.7% vs prior year
Education median: $200K
Expenses (FY2023)
$693.6M
Net assets
$1.6B
Employees
7,963
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 Marquette University: 91% to programs · $17 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 Marquette University: 27 mo reserves · +8% 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 Marquette 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 Marquette University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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As a catholic, jesuit university our mission is to search for truth, discover share knowledge, foster personal professional excellence, promote a life of faith and develop leadership expressed in service to others.
Student services we know that learning occurs outside, as well as inside, the classroom. our core values of excellence, faith, leadership and service are fostered through student participation in our residence hall communities and campus organizations, which include academic and professional groups, club and recreational sports, spiritual activities and community service organizations. marquettes urban location, just blocks from downtown milwaukee, gives students ample opportunities for internships, co-op experiences and part-time employment. on campus, professionals in the office of student affairs, student health service, counseling center and campus ministry, as well as faculty and other staff, help students as they navigate the challenges of young adult life. marquette also has an educational opportunity program, which provides academic opportunity and support to first-generation college students, students from under-represented groups or ethnicities and students from low-income families.
Academic support and library all marquette undergraduates receive a strong liberal arts foundation through the universitys core of common studies, which includes courses in nine core knowledge areas. curriculum development is an ongoing process, with faculty support available through the center for teaching and learning and various departmental resources. programs for faculty development include curriculum enhancement and diversity grants, teaching enhancement awards, fellowship awards for research, young scholar awards and summer faculty fellowships. the preparing future faculty program encourages the development of graduate students for the multiple roles they will face as faculty members.
Revenue grew from $528.8M (FY2013) to $750.7M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
7.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1B
Total liabilities
$491.5M
Net assets
$1.6B
Salaries & benefits
$284.5M
41% of expenses
Board members
30
19 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $750,713,447▲5.7% | $693,612,919▲6.3% | $1,565,798,519▲6.5% | $2,057,273,870▲5.2% | 990 |
| 2022 | $709,991,769▼3.2% | $652,702,241▲2.2% | $1,469,568,000▲3.2% | $1,955,063,081▲0.8% | 990 |
| 2021 | $733,396,500▲1.1% | $638,799,000▲3.2% | $1,424,441,200▲0.6% | $1,939,220,300▼1.4% | 990 |
| 2020 | $725,388,000▲6.8% | $619,194,000▼1.1% | $1,415,616,000▲23.8% | $1,967,198,000▲17.4% | 990 |
| 2019 | $679,500,550▲10.0% | $625,776,957▲10.7% | $1,143,450,000▲4.1% | $1,675,810,000▲12.7% | 990 |
| 2017 | $617,903,000▲7.7% | $565,388,000▲4.1% | $1,098,586,000▲5.5% | $1,487,304,000▲2.3% | 990 |
| 2016 | $573,640,000▲7.5% | $543,199,000▲5.7% | $1,040,986,000▲6.9% | $1,453,970,000▲10.4% | 990 |
| 2015 | $533,788,984▼2.7% | $513,921,000▲2.8% | $973,960,000 | $1,317,462,000▼1.2% | 990 |
| 2014 | $548,377,518▲3.7% | $500,142,000▲1.4% | $974,382,000▲4.3% | $1,332,812,000▲0.7% | 990 |
| 2013 | $528,815,279 | $493,064,000▲3.3% | $933,821,000▲10.0% | $1,324,142,000▲7.9% | 990 |
| 2012 | — | $477,459,000▲3.5% | $849,138,000▲4.6% | $1,226,905,000▲6.2% | 990 |
| 2011 | — | $461,174,000▲5.6% | $811,979,000▲1.2% | $1,155,546,000▼1.2% | 990 |
| 2010 | — | $436,909,000▲5.3% | $802,552,000▲12.8% | $1,169,248,000▲8.2% | 990 |
| 2009 | — | $414,735,000 | $711,794,000 | $1,080,458,000 | 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: Mr Shaka Smart — $3,973,244 (0.57% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mr Shaka Smart | Mens Basketball Head Coach | 40 | $3,973,244 |
| Mr William G Scholl | Vp Director Athletics | 40 | $1,272,620 |
| Dr Michael R Lovell | President | 40 | $902,977 |
| Ms Megan Duffy | Womens Basketball Head Coach | 40 | $555,346 |
| Mr Joel S Pogodzinski | Treasurer | 40 | $541,496 |
| Dr James K Ah Yun | Vice President | 40 | $527,380 |
| Mr Timothy F Mcmahon | Vp For University Advancement | 40 | $525,627 |
| Mr Deandre I Haynes | Mens Basketball Assistant Coach | 40 | $508,769 |
| Mr Ryan A Theis | Womens Volleyball Head Coach | 40 | $406,137 |
| Mr Sean W Gissal | Chief Investment Officer | 40 | $345,092 |
| Dr Kristina M Ropella | Dean Engineering | 40 | $336,832 |
| Mr Paul J Jones | Assistant Secretary | 40 | $331,282 |
| Mr Ian J Gonzalez | Assistant Treasurer | 40 | $329,035 |
| Dr William E Cullinan | Dean Health Sciences | 40 | $289,778 |
| Mr Timothy P Hanley | Dean Business Administration | 40 | $287,324 |
| Ms Lora A Strigens | Vp For Planning Facilities Mgmnt | 40 | $270,560 |
| Mr Steven W Frieder | Secretary | 40 | $167,014 |
| Mr Ralph A Weber | Assistant Secretary | 40 | $49,056 |
| Dr Janis M Orlowski | Trustee | 1 | — |
| Hon James A Wynn Jr | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| J H Findorff & Son Inc | Construction Services | $41,887,314 |
| Sodexho Inc & Affiliates | Food Services | $17,869,123 |
| Orbis Education Services LLC | Professional Fees | $4,501,951 |
| Hsre Core Holding I | Student Housing | $3,476,018 |
| The Boldt Company | Construction Services | $2,715,712 |
359 grants to Marquette University totaling $116.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
41 grants totaling $3.9M in FY2023 — showing the 15 largest. All grants made by Marquette University →
| Recipient | Purpose | Amount |
|---|---|---|
| The Medical College of Wisconsin Inc | Research | $794,595 |
| Czero Inc | Research | $339,162 |
| Mahle Powertrain LLC | Research | $316,468 |
| Lutheran Social Services of Wisconsin and Upper Michigan | Other | $284,626 |
| Indiana University | Research | $235,710 |
| Northwestern University | Research | $155,299 |
| Florida State University | Research | $149,519 |
| Virginia Polytechnic Institute and State University | Research | $139,622 |
| Board of Regents-university of Wi System-madison | Research | $125,247 |
| University of Miami | Research | $110,068 |
| Georgia State University Research Foundation Inc | Research | $93,534 |
| Carnegie Mellon University | Research | $92,991 |
| Confluency LLC | Research | $80,806 |
| Hofstra University | Research | $78,306 |
| Milwaukee Public Schools | Research | $77,279 |
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Data for Marquette University (EIN 39-0806251) 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.