University of Indianapolis

EIN: 350868107 501(c)(3) Education

Indianapolis, IN

Total Revenue
$192,775,856
Total Expenses
$200,419,205
Total Assets
$276,971,862
Net Assets
$164,877,008
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1902
Legal Domicile
IN
Phone
8002328634
Tax Period
2022-07-01 to 2023-06-30

University of Indianapolis, founded in 1902, is a major nonprofit in the Education sector that reported $192.8M in total revenue in fiscal year 2022.

Mission

The mission of the University of Indianapolis is to prepare its graduates for effective, responsible, and articulate membership in the complex societies in which they live and serve, and for excellence and leadership in their personal and professional lives.

Program Service Accomplishments

Program 1
Expenses: $123,738,520 Revenue: $141,531,774

WITH 4,890 UNDERGRADUATE STUDENTS AND 1,400 GRADUATE STUDENTS, THE UNIVERSITY OF INDIANAPOLIS (UINDY) AWARDS MORE DOCTORAL DEGREES THAN ALL BUT FIVE OF THE LARGEST UNIVERSITIES IN INDIANA. UINDY...

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WITH 4,890 UNDERGRADUATE STUDENTS AND 1,400 GRADUATE STUDENTS, THE UNIVERSITY OF INDIANAPOLIS (UINDY) AWARDS MORE DOCTORAL DEGREES THAN ALL BUT FIVE OF THE LARGEST UNIVERSITIES IN INDIANA. UINDY PRODUCES MORE PHYSICAL THERAPISTS AND CLINICAL PSYCHOLOGISTS THAN ANY OTHER UNIVERSITY IN THE STATE. UINDY HAS A STUDENT-TO-FACULTY RATIO OF 11 TO 1 AND AN AVERAGE CLASS SIZE OF 16 STUDENTS. IN A NATIONAL SURVEY OF COLLEGE STUDENTS, UINDY FACULTY RANK NEAR THE TOP IN ACCESSIBILITY AND HELPFULNESS. IN ADDITION, OUR SENIOR STUDENTS RANK US SIGNIFICANTLY HIGHER THAN OUR PEERS IN COLLABORATIVE LEARNING AND QUANTITATIVE REASONING. ALMOST TWO THIRDS OF REPORTING FRESHMAN REPORT HAVING COMPLETED AT LEAST ONE HIGH IMPACT PRACTICE SUCH AS SERVICE LEARNING, LEARNING COMMUNITY OR RESEARCH WITH FACULTY. BY THEIR SENIOR YEAR, VIRTUALLY ALL STUDENTS HAVE COMPLETED A HIGH IMPACT PRACTICE AND OVER 85% HAVE COMPLETED MORE THAN ONE. UINDY'S CENTER OF EXCELLENCE IN LEADERSHIP OF LEARNING SUPPORTS TRANSFORMATIONAL CHANGE IN EDUCATION. UINDY'S CENTER FOR AGING & COMMUNITY HAS BEEN PROVIDING EDUCATION, POLICY INPUT, AND TRAINING TO NURSING HOMES, GOVERNMENT AGENCIES, AND INDIVIDUALS FOR OVER 20 YEARS ON REAL-WORLD PROBLEMS RELATED TO AGING. THE UNIVERSITY HAS AFFILIATIONS IN CHINA, INCLUDING A PARTNERSHIP WITH NINGBO INSTITUTE OF TECHNOLOGY. THE RUTH LILLY PERFORMANCE HALL IN THE CHRISTEL DEHAAN FINE ARTS CENTER, AN INDIANAPOLIS LANDMARK, HAS BEEN RATED ONE OF THE FINEST CONCERT HALLS IN THE MIDWEST. THE AU HO-NIEN MUSEUM FEATURES 45 PIECES OF PAINTING, POETRY AND CALLIGRAPHY BY MASTER AU HO-NIEN WHO COMBINES TRADITIONAL CHINESE PAINTING WITH WESTERN PERSPECTIVE.

Program 2
Expenses: $24,239,468

THE UNIVERSITY OF INDIANAPOLIS IS DEDICATED TO THE TOTAL DEVELOPMENT OF THE INDIVIDUAL AND THEREFORE PROVIDES ACADEMIC, CAREER, ATHLETIC, PERSONAL, MENTAL HEALTH, AND SPIRITUAL COUNSELING FOR THOSE...

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THE UNIVERSITY OF INDIANAPOLIS IS DEDICATED TO THE TOTAL DEVELOPMENT OF THE INDIVIDUAL AND THEREFORE PROVIDES ACADEMIC, CAREER, ATHLETIC, PERSONAL, MENTAL HEALTH, AND SPIRITUAL COUNSELING FOR THOSE WHO SEEK IT. THE GOAL OF EACH OF THESE PROGRAMS IS FOR THE STUDENT TO BECOME SELF-SUFFICIENT AND SELF-DIRECTED. THE UNIVERSITY ALSO PROVIDES PROGRAMS DESIGNED TO ENHANCE THE ACADEMIC PROGRAM OR TO ADDRESS THE THE NEEDS OF SPECIFIC STUDENTS SUCH AS FIRST YEAR MENTORS OR OUR BACCALAUREATE FOR UNIVERSITY OF INDIANAPOLIS LEARNING DISABLED (BUILD) PROGRAM. THE SERVICES OF THESE PROGRAMS ARE AVAILABLE TO STUDENTS ON REQUEST. IN FY22, $6,762,511 OF EMERGENCY STUDENT SUPPORT GRANTS WERE ISSUED DURING THE YEAR THAT WERE FUNDED BY THE STUDENT PORTION OF THE CARES ACT HEERF GRANT FUNDS.

Program 3
Expenses: $24,130,305

ACADEMIC SUPPORT INCLUDES THE SERVICES REQUIRED TO SUPPORT THE INSTRUCTIONAL ACTIVITIES OF THE UNIVERSITY INCLUDING: LIBRARY, ACADEMIC COMPUTING SERVICES, FACULTY DEVELOPMENT AND SUPPORT, AUDIO...

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ACADEMIC SUPPORT INCLUDES THE SERVICES REQUIRED TO SUPPORT THE INSTRUCTIONAL ACTIVITIES OF THE UNIVERSITY INCLUDING: LIBRARY, ACADEMIC COMPUTING SERVICES, FACULTY DEVELOPMENT AND SUPPORT, AUDIO VISUAL SERVICES, AND THE TV AND RADIO STATIONS USED BY STUDENTS FOR ACADEMIC PURPOSES. STUDENT SUPPORT IN THE FORM OF TUTORING, LEARNING LABS, AND FOR LEARNING DISABILITIES IS ALSO PROVIDED. IN ADDITION, DUE TO VARIOUS GRANTS AND CONTRACTS RECEIVED BY THE UNIVERSITY'S CENTER OF EXCELLENCE AND LEARNING, TRAINING AND DEVELOPMENT SERVICES SERVICES ARE PROVIDED TO LOCAL SCHOOL CORPORATIONS.

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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 $27,321,412
Program Service Revenue $157,356,660
Investment Income $7,541,459
Other Revenue $556,325
TOTAL REVENUE $192,775,856

Expense Breakdown

Grants Paid $76,977,237
Salaries & Benefits $72,437,642
Fundraising Expenses $1,547,982
Program Expenses $185,168,525
Other Expenses $51,004,326
TOTAL EXPENSES $200,419,205

Year-over-Year Comparison

2022 2021 Change
Revenue $192,775,856 $200,536,938 0.0%
Expenses $200,419,205 $202,774,409 0.0%
Net Income $-7,643,349 $-2,237,471 +2.4%
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
29
Independent Members
28
Employees
2323
Volunteers
600

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
$742,247
Total Directors
33
$321,837
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Chair 1.0
Officer Director
$0 $0 $0
N/A Vice Chair 1.0
Officer Director
$0 $0 $0
N/A trustee , Secretary, Vice Chair of Advancement and Chair of Future Planning 1.0
Officer Director
$0 $0 $0
N/A Interim President and Immediate Past Chair 40.0
Officer Director
$0 $0 $0
N/A President & Trustee (through July 2022) 40.0
Officer Director
$285,589 $36,248 $321,837
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee and Vice Chair of Future Planning 1.0
Director
$0 $0 $0
N/A Trustee and Vice Chair of Campus Life 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A trustee 1.0
Director
$0 $0 $0
N/A Trustee (through May 2023) 1.0
Director
$0 $0 $0
N/A trustee 1.0
Director
$0 $0 $0
N/A Trustee and Budget committee chair 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee and Chair of Finance Committee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A trustee (through May 2023) 1.0
Director
$0 $0 $0
N/A Trustee & Vice Chair of the Finance Committee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee (began Sept 2022) 1.0
Director
$0 $0 $0
N/A trustee 1.0
Director
$0 $0 $0
N/A Trustee (through May 2023) 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee & Chair: Advancement 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee & Chair: Campus Life 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Secretary & Vice President, General Counsel (through May 2023) 40.0
Officer
$179,925 $17,042 $196,967
N/A Vice President, CFO & Treasurer (through Feb 2023) 40.0
Officer
$202,079 $21,364 $223,443
N/A Assoc Dean & Director - Engineering 40.0
Highest
$173,506 $23,111 $196,617
N/A ASSOCIATE PROVOST 40.0
Highest
$186,100 $35,120 $221,220
N/A VP Institutional Planning and Research 40.0
Highest
$196,631 $32,109 $228,740
N/A ASSOCIATE PROFESSOR SCHOOL OF BUSINESS 40.0
Highest
$184,148 $9,673 $193,821
N/A VP & Chief Operating Officer (through April 2023) 40.0
Highest
$196,728 $23,466 $220,194
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 $192,775,856 $200,419,205 $276,971,862 $-7,643,349
2022 $200,536,938 $202,774,409 $281,351,171 $-2,237,471
2021 $207,052,087 $186,482,033 $306,225,107 $20,570,054
2020 $187,846,389 $189,452,006 $265,228,375 $-1,605,617
2019 $182,623,838 $182,442,010 $231,665,529 $181,828
2018 $169,991,753 $171,810,760 $233,943,942 $-1,819,007
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