DENISON UNIVERSITY

EIN: 314379459 501(c)(3) Education

GRANVILLE, OH

Total Revenue
$265,383,442
Total Expenses
$254,857,397
Total Assets
$1,463,954,073
Net Assets
$1,251,883,984
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1832
Legal Domicile
OH
Principal Officer
ADAM S WEINBERG
Phone
7405876679
Tax Period
2022-07-01 to 2023-06-30

DENISON UNIVERSITY, founded in 1832, is a major nonprofit in the Education sector that reported $265.4M in total revenue in fiscal year 2022. Expenses of $254.9M left a modest 4% surplus.

Mission

THROUGH AN EMPHASIS ON ACTIVE LEARNING, DENISON UNIVERSITY ENGAGES STUDENTS IN THE LIBERAL ARTS, WHICH FOSTERS SELF-DETERMINATION AND THE TRANSFORMATIVE POWER OF EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $29,312,291
Program Service Revenue $186,653,224
Investment Income $50,036,867
Other Revenue $-618,940
TOTAL REVENUE $265,383,442

Expense Breakdown

Grants Paid $77,834,141
Salaries & Benefits $96,837,676
Fundraising Expenses $6,212,674
Program Expenses $223,259,930
Other Expenses $80,185,580
TOTAL EXPENSES $254,857,397

Year-over-Year Comparison

2022 2021 Change
Revenue $265,383,442 $275,909,448 0.0%
Expenses $254,857,397 $224,280,076 +0.1%
Net Income $10,526,045 $51,629,372 -0.8%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
38
Independent Members
38
Employees
2582
Volunteers
1800

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$2,160,843
Total Directors
38
$0
Key Employees
3
$1,543,880
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES L ANDERSON '85 TRUSTEE 1.00
Director
$0 $0 $0
GEORGE W BODENHEIMER '80 TRUSTEE 1.00
Director
$0 $0 $0
CYNTHIA OOTEN BOOTH '79 TRUSTEE 1.00
Director
$0 $0 $0
ASHLEY EDWARDS BRADLEY '93 TRUSTEE 1.00
Director
$0 $0 $0
DANIEL J BRICKMAN '80 TRUSTEE 1.00
Director
$0 $0 $0
LISA M COLEMAN '88 TRUSTEE 1.00
Director
$0 $0 $0
MARCUS COLWELL '84 TRUSTEE 1.00
Director
$0 $0 $0
KATHRYN CORREIA '79 TRUSTEE 1.00
Director
$0 $0 $0
BEN CROSS '20 TRUSTEE 1.00
Director
$0 $0 $0
FATIMAH ELGHAZAWI '21 TRUSTEE 1.00
Director
$0 $0 $0
H TIMOTHY EWING '89 TRUSTEE 1.00
Director
$0 $0 $0
JEREMY FLUG '83 TRUSTEE 1.00
Director
$0 $0 $0
KRISTEN FITZWILLIAM GIARRUSSO '84 VICE CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
JAMES T GLERUM JR '82 TRUSTEE 1.00
Director
$0 $0 $0
LAUREN STANIAR HAARLOW '90 TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW J HARRINGTON '84 TRUSTEE 1.00
Director
$0 $0 $0
JERYL HAYES '04 TRUSTEE 1.00
Director
$0 $0 $0
JEFF JOHNSON '81 TRUSTEE 1.00
Director
$0 $0 $0
RICHARD A KIENZLE '85 TRUSTEE 1.00
Director
$0 $0 $0
SUZANNE B KRISCUNAS '72 TRUSTEE 1.00
Director
$0 $0 $0
MARC B LAUTENBACH '83 VICE CHAIR 1.00
Officer Director
$0 $0 $0
ERIC LINDBERG '93 TRUSTEE 1.00
Director
$0 $0 $0
DOUGLAS W MABIE '86 TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY MASTEN '86 TRUSTEE 1.00
Director
$0 $0 $0
AMY TODD MIDDLETON '93 TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM C MULLIGAN '76 TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN POLK '78 TRUSTEE 1.00
Director
$0 $0 $0
ABIGAIL E PRINGLE '96 TRUSTEE 1.00
Director
$0 $0 $0
VIVIAN QUAYE '03 TRUSTEE 1.00
Director
$0 $0 $0
GEORGE V RUSSELL '88 TRUSTEE 1.00
Director
$0 $0 $0
LEWIS A SACHS '85 CHAIR 1.00
Officer Director
$0 $0 $0
ARTHUR P STEINMETZ JR '80 TRUSTEE 1.00
Director
$0 $0 $0
THOMAS E SZYKOWNY '79 TRUSTEE 1.00
Director
$0 $0 $0
G JACKSON TANKERSLEY JR '72 TRUSTEE 1.00
Director
$0 $0 $0
GREGORY N TAYLOR TRUSTEE 1.00
Director
$0 $0 $0
JAMIE K THORSEN '77 TRUSTEE 1.00
Director
$0 $0 $0
RAYSHON WALKER '22 TRUSTEE 1.00
Director
$0 $0 $0
SUSAN D WHITING '78 TRUSTEE 1.00
Director
$0 $0 $0
ADAM S WEINBERG PRESIDENT 40.00
Officer
$692,283 $346,508 $1,038,791
DAVID A ENGLISH VP FINANCE & MGMT 40.00
Officer
$327,882 $56,647 $384,529
ALEXANDRA T SCHIMMER SECRETARY&GENERAL COUNSEL 40.00
Officer
$319,295 $50,983 $370,278
KIMBERLY A COPLIN PROVOST 40.00
Officer
$299,049 $68,196 $367,245
KATHLEEN R BROWNE CHIEF INVESTMENT OFFICER 40.00
Key Emp
$736,431 $110,437 $846,868
GREGORY R BADER VP INSTIUTIONAL ADVANCEMEN 40.00
Key Emp
$312,327 $43,651 $355,978
GREGORY W SNEED VP ENROLLMENT MGMT 40.00
Key Emp
$274,731 $66,303 $341,034
ALEXANDER R MILLER VP STUDENT DEVELOPMENT 40.00
Highest
$249,718 $42,777 $292,495
JOSHUA M BEITZEL MANAGING DIR.OF INVESTMENTS 40.00
Highest
$261,121 $68,173 $329,294
DAVID O WOODYARD PROFESSOR 40.00
Highest
$246,482 $23,736 $270,218
JULIA CROSBY MANAGING DIR.OF INVESTMENTS 40.00
Highest
$353,895 $10,452 $364,347
ELIZABETH ECKHARDT VP UNIV.COMMUN.&BRANDING 40.00
Highest
$239,296 $59,608 $298,904
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $265,383,442 $254,857,397 $1,463,954,073 $10,526,045
2022 $275,909,448 $224,280,076 $1,502,847,785 $51,629,372
2021 $297,443,289 $208,062,501 $1,706,364,119 $89,380,788
2020 $248,509,652 $202,991,198 $1,411,393,687 $45,518,454
2019 $213,251,671 $200,397,127 $1,357,579,565 $12,854,544
2018 $255,577,046 $193,391,707 $1,277,374,789 $62,185,339
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