LAWRENCE UNIVERSITY OF WISCONSIN

EIN: 390806297 501(c)(3) Education

APPLETON, WI

Total Revenue
$137,939,503
Total Expenses
$149,933,275
Total Assets
$680,558,124
Net Assets
$568,057,014
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1847
Legal Domicile
WI
Principal Officer
BRIAN FOSS
Phone
9208327000
Tax Period
2024-07-01 to 2025-06-30

LAWRENCE UNIVERSITY OF WISCONSIN, founded in 1847, is a major nonprofit in the Education sector that reported $137.9M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Net assets of $568.1M represent 49 months of operating reserves.

Mission

LAWRENCE UNIVERSITY OF WISCONSIN, THROUGH ITS UNDERGRADUATE RESIDENTIAL COLLEGE AND CONSERVATORY OF MUSIC, EDUCATES STUDENTS IN THE LIBERAL ARTS AND SCIENCES. THE UNIVERSITY IS DEVOTED TO EXCELLENCE AND INTEGRITY IN ALL OF ITS ACTIVITIES AND COMMITTED TO THE DEVELOPMENT OF INTELLECT AND TALENT, THE PURSUIT OF KNOWLEDGE AND UNDERSTANDING, THE CULTIVATION OF SOUND JUDGMENT, AND RESPECT FOR THE PERSPECTIVES OF OTHERS. LAWRENCE PREPARES STUDENTS FOR LIVES OF ACHIEVEMENT, RESPONSIBLE AND MEANINGFUL CITIZENSHIP, LIFELONG LEARNING, AND PERSONAL FULFILLMENT. AS A LEARNING COMMUNITY OF SCHOLARS AND ARTISTS WE ENGAGE EACH OTHER IN A TRANSFORMATIVE PROCESS THAT EMPHASIZES INDIVIDUALIZED LEARNING, SUPPORTED BY AN ENVIRONMENT OF RICH EDUCATIONAL OPPORTUNITIES IN A RESIDENTIAL CAMPUS SETTING.

Program Service Accomplishments

Program 1
Expenses: $87,317,734 Revenue: $80,251,844

PROVIDE LIBERAL ARTS INSTRUCTION TO APPROXIMATELY 1500 UNIVERSITY STUDENTS. LAWRENCE CURRICULUM PROMOTES EXPOSURE TO A WIDE RANGE OF SUBJECT MATTERS AND INTELLECTUAL APPROACHES. IT ALSO CALLS FOR THE...

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PROVIDE LIBERAL ARTS INSTRUCTION TO APPROXIMATELY 1500 UNIVERSITY STUDENTS. LAWRENCE CURRICULUM PROMOTES EXPOSURE TO A WIDE RANGE OF SUBJECT MATTERS AND INTELLECTUAL APPROACHES. IT ALSO CALLS FOR THE FOCUSED STUDY OF A SINGLE AREA OF KNOWLEDGE. WITHIN THIS GENERAL FRAMEWORK, THE STUDENT EXERCISES WIDE LATITUDE IN BUILDING A COURSE OF STUDY. A LAWRENCE EDUCATION, THEN, RESULTS FROM CONSIDERED CHOICES. THE COLLEGE PROVIDES AMPLE ROOM FOR SUCH CHOICES AND ENCOURAGES STUDENTS TO EXERCISE THEM BOLDLY. THE LAWRENCE UNIVERSITY CONSERVATORY OF MUSIC, NOW IN ITS SECOND CENTURY OF EDUCATING STUDENTS FOR CAREERS IN MUSIC, IS A NATIONALLY RECOGNIZED CONSERVATORY DEVOTED EXCLUSIVELY TO THE EDUCATION OF UNDERGRADUATES WITHIN A DISTINGUISHED COLLEGE OF THE LIBERAL ARTS AND SCIENCES. THE LAWRENCE COMMUNITY MUSIC SCHOOL PROVIDES MUSICAL OPPORTUNITIES FOR CITIZENS OF THE FOX VALLEY FROM BIRTH TO ADULTHOOD AND OFFERS LAWRENCE CONSERVATORY MUSIC EDUCATION STUDENTS GUIDED OPPORTUNITIES TO HONE THEIR TEACHING SKILLS. A SUPERB FACULTY OF PERFORMERS, COMPOSERS, SCHOLARS, AND TEACHERS PRIDE THEMSELVES ON THE INDIVIDUAL ATTENTION GIVEN TO MUSIC MAJORS WHO PURSUE THEIR UNDERGRADUATE DEGREES AT LAWRENCE.

Program 2
Expenses: $18,439,458 Revenue: $566,733

PROVIDE STUDENTS WITH SERVICES SUCH AS MUSIC, ATHLETICS, COMMUNITY INVOLVEMENT, RESIDENTIAL LIFE, COUNSELING, HEALTH CENTER, AND MULTICULTURAL AFFAIRS.

Program 3
Expenses: $15,750,953 Revenue: $15,985,636

TRADITIONALLY PROVIDE FOOD SERVICE AND HOUSING TO APPROXIMATELY 1500 UNIVERSITY STUDENTS.

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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 $23,328,827
Program Service Revenue $97,757,459
Investment Income $16,109,511
Other Revenue $743,706
TOTAL REVENUE $137,939,503

Expense Breakdown

Grants Paid $55,311,537
Salaries & Benefits $50,551,538
Fundraising Expenses $3,250,240
Program Expenses $128,652,002
Other Expenses $44,070,200
TOTAL EXPENSES $149,933,275

Year-over-Year Comparison

2024 2023 Change
Revenue $137,939,503 $154,435,664 -0.1%
Expenses $149,933,275 $142,427,937 +0.1%
Net Income $-11,993,772 $12,007,727 -2.0%
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
23
Independent Members
22
Employees
1747
Volunteers
500

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
9
$1,981,216
Total Directors
38
$598,587
Key Employees
3
$876,587
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE CARTER PRESIDENT 40.00
Officer Director
$484,975 $113,612 $598,587
SCOTT D MYERS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
WILLIAM J BAER BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOSEPH Y AHMAD TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER ANZALONE TRUSTEE 1.00
Director
$0 $0 $0
SIDNEY AYABE TRUSTEE 1.00
Director
$0 $0 $0
LISA BECKET TRUSTEE 1.00
Director
$0 $0 $0
DAVID BLOWERS TRUSTEE 1.00
Director
$0 $0 $0
EVAN BRAVOS TRUSTEE 1.00
Director
$0 $0 $0
LOUIS B BUTLER JR TRUSTEE 1.00
Director
$0 $0 $0
SHELLEY A DAVIS TRUSTEE 1.00
Director
$0 $0 $0
DEAN DUMONTHIER TRUSTEE 1.00
Director
$0 $0 $0
RICHARD G FESSLER TRUSTEE 1.00
Director
$0 $0 $0
FREDERICK FISHER TRUSTEE 1.00
Director
$0 $0 $0
TAMIKA FRANKLIN TRUSTEE 1.00
Director
$0 $0 $0
JAMES GANDRE TRUSTEE 1.00
Director
$0 $0 $0
SUSAN HALL TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM O HOCHKAMMER TRUSTEE 1.00
Director
$0 $0 $0
LYDIA HOWARTH TRUSTEE 1.00
Director
$0 $0 $0
RICHARD MOSER TRUSTEE 1.00
Director
$0 $0 $0
DAVID KNAPP TRUSTEE 1.00
Director
$0 $0 $0
CHERYL KOPECKY TRUSTEE 1.00
Director
$0 $0 $0
BARBARA LAWTON TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER MURRAY TRUSTEE 1.00
Director
$0 $0 $0
PETER M MUSSER TRUSTEE 1.00
Director
$0 $0 $0
CORY L NETTLES TRUSTEE 1.00
Director
$0 $0 $0
MARTHA J OLSON TRUSTEE 1.00
Director
$0 $0 $0
ROBERT PERILLE TRUSTEE 1.00
Director
$0 $0 $0
SARA QUANDT TRUSTEE 1.00
Director
$0 $0 $0
SARAH E SCHOTT TRUSTEE 1.00
Director
$0 $0 $0
DAVID SHEPARD TRUSTEE 1.00
Director
$0 $0 $0
SACHIN SHIVARAM TRUSTEE 1.00
Director
$0 $0 $0
FRANCESCA ROMERO SIEKMAN TRUSTEE 1.00
Director
$0 $0 $0
BREANNA A SKEETS TRUSTEE 1.00
Director
$0 $0 $0
IRENE STROHBEEN TRUSTEE 1.00
Director
$0 $0 $0
JON STELLMACHER TRUSTEE 1.00
Director
$0 $0 $0
KATY SCHWARTZ STREI TRUSTEE 1.00
Director
$0 $0 $0
ANTON R VALUKAS TRUSTEE 1.00
Director
$0 $0 $0
ALISON SCOTT-WILLIAMS EXECUTIVE VP & COO 40.00
Officer
$155,256 $23,688 $178,944
PETER BLITSTEIN PROVOST & DEAN OF THE FACULTY 40.00
Officer
$199,124 $46,499 $245,623
KENNY YARBROUGH VP, DEI & SUPPORT SERVICES 40.00
Officer
$122,571 $27,910 $150,481
SAMIR DATTA VP, FINANCE & ADMINISTRATION 40.00
Officer
$281,907 $37,405 $319,312
CHRIS CLARKE VP, STUDENT LIFE 40.00
Officer
$178,839 $94,970 $273,809
AMY WILSON VP, UNIVERSITY ADVANCEMENT 40.00
Officer
$159,353 $55,107 $214,460
BRIAN PERTL DEAN OF CONSERVATORY OF MUSIC 40.00
Key Emp
$202,990 $135,091 $338,081
ERIC SCHACHT UNIVERSITY COUNSEL 40.00
Key Emp
$178,229 $96,459 $274,688
CHRISTYN ABARAY VP, CHIEF OF STAFF, SECRETARY TO THE BOARD 40.00
Key Emp
$169,342 $94,476 $263,818
LYNSEY SCHWABROW ASSOCIATE VP OF FINANCE 40.00
Highest
$170,649 $43,551 $214,200
MATTHEW R STONEKING PROFESSOR OF PHYSICS 40.00
Highest
$136,082 $89,097 $225,179
CALVIN D HUSMANN SENIOR PRINCIPAL GIFT OFFICER 40.00
Highest
$222,526 $97,945 $320,471
PHIL BETZ VP, ENROLLMENT MANAGEMENT 40.00
Highest
$139,707 $61,054 $200,761
ANNA PONDER VP, UNIVERSITY ADVANCEMENT 40.00
Highest
$138,503 $8,755 $147,258
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 $137,939,503 $149,933,275 $680,558,124 $-11,993,772
2024 $154,435,664 $142,427,937 $653,817,525 $12,007,727
2023 $115,800,251 $136,217,855 $593,158,843 $-20,417,604
2022 $153,923,305 $128,658,823 $581,558,284 $25,264,482
2021 $124,103,689 $111,716,179 $632,228,886 $12,387,510
2020 $113,636,782 $111,715,392 $497,906,171 $1,921,390
2019 $119,807,371 $111,782,809 $494,135,470 $8,024,562
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