Southern Methodist University is a 501(c)(3) organization based in Dallas, Texas, registered in 1933, with $1,181,490,564 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
Revenue (FY2024)
$1.2B
▲ 2.9% vs prior year
Education median: $200K
Expenses (FY2024)
$1.1B
Net assets
$3.8B
Employees
6,538
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 Southern Methodist University: 89% to programs · $24 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 Southern Methodist University: 42 mo reserves · +7% 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 Southern Methodist University: 5 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 Southern Methodist University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The primary mission of the university is education through research and teaching by creating and imparting knowledge that will shape citizens who contribute to their communities and lead professions in a global society.
Student services : this category includes athletic expenditures and services that support educational activities. services includes the offices of admissions and registrar. it encompasses student activities, organizations, athletics, counseling and guidance and admissions and records.
Sponsored research: sponsored research includes expenditures for all activities that are part of the university's research program, including activities specifically organized to produce research outcomes, whether commissioned by an agency external to the institution or separately budgeted by an organizational unit within the institution.
Organized activities: organized activities make available to the public various resources that exist within the university such as seminars, conferences and camps. it also includes auxiliiary activities that support educational activities such as bookstore, student housing, vending and food administration and independent operations.
Revenue grew from $714.2M (FY2013) to $1.2B (FY2024) across 12 reported years.
Financial snapshot
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.6B
Total liabilities
$797.5M
Net assets
$3.8B
Salaries & benefits
$460.5M
42% of expenses
Board members
42
39 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,181,490,564▲2.9% | $1,097,826,408▲10.9% | $3,824,775,930▲5.0% | $4,622,305,987▲3.2% | 990 |
| 2023 | $1,148,707,746▲10.3% | $989,836,695▲9.5% | $3,641,692,006▲8.5% | $4,478,544,364▲6.3% | 990 |
| 2022 | $1,041,264,917▼9.6% | $903,667,627▲7.6% | $3,357,677,152▲2.3% | $4,211,825,864▲5.3% | 990 |
| 2021 | $1,151,429,320▲14.7% | $839,825,116▲3.6% | $3,283,218,651▲3.8% | $4,000,720,929▲2.6% | 990 |
| 2020 | $1,003,801,549▲6.7% | $810,503,242▼3.5% | $3,163,700,246▲22.6% | $3,898,903,775▲12.0% | 990 |
| 2019 | $940,657,128▲9.1% | $840,116,277▲7.6% | $2,581,105,016▲17.2% | $3,480,437,552▲8.1% | 990 |
| 2018 | $862,530,216▲1.4% | $780,822,872▲4.8% | $2,202,835,165▲3.6% | $3,219,199,659▼1.9% | 990 |
| 2017 | $850,560,318▲13.4% | $744,735,215▲6.0% | $2,127,106,244▲4.8% | $3,281,984,214▲13.8% | 990 |
| 2016 | $750,356,463▼6.3% | $702,881,445▲3.5% | $2,029,825,430▲1.6% | $2,884,407,766▲0.6% | 990 |
| 2015 | $800,711,175▲7.1% | $678,991,717▲1.7% | $1,998,164,575▲5.7% | $2,867,362,450▲8.9% | 990 |
| 2014 | $747,744,022▲4.7% | $667,778,221▲7.2% | $1,890,716,319▲4.3% | $2,632,106,218▲2.2% | 990 |
| 2013 | $714,189,247 | $622,793,880▲5.6% | $1,813,572,218▲5.8% | $2,575,759,014▲3.3% | 990 |
| 2012 | — | $589,693,675▲2.8% | $1,714,844,063▲7.2% | $2,494,524,378▲12.4% | 990 |
| 2011 | — | $573,765,115▲5.4% | $1,599,846,013▲2.0% | $2,218,766,463▲1.7% | 990 |
| 2010 | — | $544,441,260▲7.4% | $1,569,061,345▲7.0% | $2,181,496,297▲10.9% | 990 |
| 2009 | — | $506,947,168 | $1,466,975,995 | $1,967,543,174 | 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: Andrew Enfield — $7,542,537 (0.69% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Enfield | Head Basketball Coach -current | 37.5 | $7,542,537 |
| Thomas R Lashlee | Head Football Coach | 37.5 | $4,860,356 |
| Robert Lanier | Head Basketball Coach | 37.5 | $4,692,732 |
| Robert G Turner | President/trustee | 37.5 | $2,040,260 |
| Rick Hart | Athletic Director | 37.5 | $1,315,854 |
| Christine Regis | Sr.v.p. For Business and Finance Cfo | 37.5 | $1,092,978 |
| Paul Ward | V.p. For Legal Affairs and Secretary | 37.5 | $1,053,908 |
| Scott Symons | Defensive Coordinator | 37.5 | $983,859 |
| Elizabeth Loboa | Provost and Vice President For Academic Affairs | 37.5 | $778,211 |
| Rakesh Dahiya | Chief Investment Officer | 37.5 | $758,956 |
| Brad Cheves | Sr. V.p. For Development, Alumni Relations and Public Affairs | 37.5 | $757,453 |
| Matthew Myers | Dean Key Employee | 37.5 | $633,860 |
| Kenechukwu Mmeje | Sr. V.p. For Student Affairs | 37.5 | $539,172 |
| Harold Stanley | Vp Executive Affairs | 37.5 | $461,619 |
| Thomas Dipiero | Dean Key Employee | 37.5 | $424,011 |
| Nathan Balke | Interim Dean Key Employee | 37.5 | $291,787 |
| Donna M Morrow | Associate University Secretary | 37.5 | $210,414 |
| David Sedman | Trustee - Faculty | 37.5 | $126,303 |
| Alley B Alley | Trustee | 1 | — |
| Antoine Lv Dijkstra | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Aramark Corporation | Dining | $32,115,269 |
| Siemens Building Technologies Inc | Construction | $26,089,386 |
| Je Dunn Construction Company | Construction | $24,235,579 |
| Rogers O'brien Construction Company | Construction | $23,526,837 |
| Ec Build LLC | Construction | $12,486,250 |
615 grants to Southern Methodist University totaling $202.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $2,190,066 |
| American Endowment Foundation | Educational | 2024 | $1,779,750 |
| The Dallas Foundation | General support | 2024 | $1,614,510 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $388,000 |
| Greater Horizons | Education | 2024 | $383,010 |
| The Community Fdn of Middle Tn Inc | Donation | 2024 | $250,000 |
| Greater Houston Community Foundation | Educational | 2024 | $207,500 |
| Donors Trust Inc | For the acc power conference campaign | 2024 | $200,000 |
| Independent Charitable Gift Fund | General support | 2024 | $167,700 |
| Charities Aid Foundation America | Charitable donation | 2024 | $166,488 |
| Ayco Charitable Foundation | Education | 2024 | $153,800 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $151,000 |
| Donors Trust Inc | For the smu institute for student athletic success | 2024 | $150,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $125,000 |
| American Online Giving Foundation Inc | General support | 2024 | $119,134 |
4 grants totaling $85K in FY2024. All grants made by Southern Methodist University →
| Recipient | Purpose | Amount |
|---|---|---|
| I Am A Golfer Foundation | Event sponsorship | $55,500 |
| Sumners Foundation | Event sponsorship | $10,000 |
| Texas Business Hall of Fame Foundation | Event sponsorship | $10,000 |
| National Football Foundation and College Hall of Fame Inc | Event sponsorship | $9,000 |
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Data for Southern Methodist University (EIN 75-0800689) 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.