Marquette University

EIN: 390806251 501(c)(3) Education

Milwaukee, WI

Total Revenue
$839,982,173
Total Expenses
$747,117,999
Total Assets
$2,201,934,520
Net Assets
$1,734,545,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1905
Legal Domicile
WI
Principal Officer
Ian Gonzalez
Phone
4142887933
Tax Period
2024-07-01 to 2025-06-30

Marquette University, founded in 1905, is a major nonprofit in the Education sector that reported $840.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $747.1M left a modest 11% surplus.

Mission

As a Catholic, Jesuit university our mission is to search for truth, discover shareknowledge, foster personal professional excellence, promote a life of faith and developleadership expressed in service to others. See Schedule O.

Program Service Accomplishments

Program 1
Expenses: $416,067,980 Revenue: $523,882,351

Instruction Consistently ranked among the top 100 colleges and universities nationwide, Marquette annually enrolls more than 11,700 students in undergraduate, graduate and professional programs and...

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Instruction Consistently ranked among the top 100 colleges and universities nationwide, Marquette annually enrolls more than 11,700 students in undergraduate, graduate and professional programs and confers approximately 2,800 degrees annually. Marquette offers 80 undergraduate majors and 93 minors to students in the College of Arts and Sciences, Business Administration, Communication, Education, Engineering, Health Sciences and Nursing. Marquette has 79 doctoral and masters degree programs, and 19 graduate certificate programs, and a School of Dentistry and Law School. TheGraduate School of Management has nationally ranked MBA programs as well as specialty masters programs in several business areas. Marquette has Wisconsins only School of Dentistry and one of only two law schools in the state.

Program 2
Expenses: $91,613,101 Revenue: $50,673,883

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...

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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.

Program 3
Expenses: $56,640,009 Revenue: $138,869,737

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...

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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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $113,108,251
Program Service Revenue $619,652,027
Investment Income $56,548,012
Other Revenue $50,673,883
TOTAL REVENUE $839,982,173

Expense Breakdown

Grants Paid $249,057,808
Salaries & Benefits $288,245,090
Fundraising Expenses $14,846,732
Program Expenses $685,410,691
Other Expenses $209,785,401
TOTAL EXPENSES $747,117,999

Year-over-Year Comparison

2024 2023 Change
Revenue $839,982,173 $750,713,447 +0.1%
Expenses $747,117,999 $693,612,919 +0.1%
Net Income $92,864,174 $57,100,528 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
32
Independent Members
22
Employees
8123
Volunteers
2050

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
5
$2,463,567
Total Directors
31
$0
Key Employees
3
$1,281,705
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mr Shaka Smart Mens Basketball Head Coach 040.00
Highest
$4,547,338 $0 $4,547,338
Dr Michael R Lovell Former President N/A
$3,617,448 $0 $3,617,448
Dr James K Ah Yun President / Acting President 040.00
Officer
$869,890 $0 $869,890
Ms Cara Consuegra Womens Basketball Head Coach 040.00
Highest
$727,510 $0 $727,510
Mr Joel S Pogodzinski Treasurer 040.00
Officer
$718,292 $0 $718,292
Mr Timothy McMahon VP for University Advancement 040.00
Key Emp
$644,983 $0 $644,983
Mr William G Scholl VP Director Athletics 040.00
Highest
$530,163 $0 $530,163
Mr DeAndre Haynes Mens Basketball Assistant Coach 040.00
Highest
$468,560 $0 $468,560
Mr Ryan Theis Womens Volleyball Head Coach 040.00
Highest
$413,229 $0 $413,229
Mr Ralph Weber Assistant Secretary 040.00
Officer
$365,269 $0 $365,269
Mr Sean Gissal Chief Investment Officer 040.00
Key Emp
$353,185 $0 $353,185
Mr Ian Gonzalez Assistant Treasurer 040.00
Officer
$338,268 $0 $338,268
Dr William E Cullinan Dean Health Sciences 040.00
Key Emp
$283,537 $0 $283,537
Mr Steven Frieder Secretary 040.00
Officer
$171,848 $0 $171,848
Mr Todd Adams Trustee 001.00
Director
$0 $0 $0
Mr Harvey J Anderson II Trustee 001.00
Director
$0 $0 $0
Ms Joanna M Bauza Trustee 001.00
Director
$0 $0 $0
Mr Tim M Bergstrom Trustee 001.00
Director
$0 $0 $0
Rev Erick Berrelleza SJ Trustee 001.00
Director
$0 $0 $0
Dr Jennifer M Connelly Trustee 001.00
Director
$0 $0 $0
Ms Julie Creamer Trustee 001.00
Director
$0 $0 $0
Mr Rick T Dillon Trustee 001.00
Director
$0 $0 $0
Mr Kevin L Frisinger Trustee 001.00
Director
$0 $0 $0
Hon Janine P Geske Trustee 001.00
Director
$0 $0 $0
Ms Nancy Hernandez Trustee 001.00
Director
$0 $0 $0
Mr Patrick S Lawton Trustee 001.00
Director
$0 $0 $0
Rev Brian F Linnane SJ Trustee 001.00
Director
$0 $0 $0
Mr Vincent P Lyles Trustee 001.00
Director
$0 $0 $0
Mr Raymond J Manista Trustee 001.00
Director
$0 $0 $0
Rev Patrick McGrath SJ Trustee 001.00
Director
$0 $0 $0
Ms Nicole K Michaels Trustee 001.00
Director
$0 $0 $0
Mr Micky S Minhas Trustee 001.00
Director
$0 $0 $0
Rev Thomas W Neitzke SJ Trustee 001.00
Director
$0 $0 $0
Rev Michael Rozier SJ Trustee 001.00
Director
$0 $0 $0
Mr James P Ryan Trustee 001.00
Director
$0 $0 $0
Rev Nicholas Santos SJ Trustee 001.00
Director
$0 $0 $0
Ms Amy Ford Souders Trustee 001.00
Director
$0 $0 $0
Mr William R Stemper Trustee 001.00
Director
$0 $0 $0
Mr Owen J Sullivan Trustee 001.00
Director
$0 $0 $0
Mr Christoper J Swift Trustee 001.00
Director
$0 $0 $0
Mr Derek L Tyus Trustee 001.00
Director
$0 $0 $0
Mr Perry J Vieth Trustee 001.00
Director
$0 $0 $0
Mr Joseph A Walicki Trustee 001.00
Director
$0 $0 $0
Ms Chris Woleske Trustee 001.00
Director
$0 $0 $0
Hon James A Wynn Jr Trustee 001.00
Director
$0 $0 $0
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 $839,982,173 $747,117,999 $2,201,934,520 $92,864,174
2024 No data No data No data No data
2023 $709,991,769 $652,702,241 $1,955,063,081 $57,289,528
2022 $733,396,500 $638,799,000 $1,939,220,300 $94,597,500
2021 $725,388,000 $619,194,000 $1,967,198,000 $106,194,000
2020 $679,500,550 $625,776,957 $1,675,810,000 $53,723,593
2018 $617,903,000 $565,388,000 $1,487,304,000 $52,515,000
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