AUGSBURG UNIVERSITY

EIN: 410694721 501(c)(3) Education

MINNEAPOLIS, MN

Total Revenue
$153,576,736
Total Expenses
$151,174,346
Total Assets
$215,656,761
Net Assets
$139,373,002
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Financial Trends

Organization Details

Formation Year
1872
Legal Domicile
MN
Principal Officer
REBECCA JOHN
Phone
6123301000
Tax Period
2024-06-01 to 2025-05-31

AUGSBURG UNIVERSITY, founded in 1872, is a major nonprofit in the Education sector that reported $153.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

AUGSBURG UNIVERSITY EDUCATES STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS.THE AUGSBURG EXPERIENCE IS SUPPORTED BY AN ENGAGED COMMUNITY THAT IS COMMITTED TO INTENTIONAL DIVERSITY IN ITS LIFE AND WORK. AN AUGSBURG EDUCATION IS DEFINED BY EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES, GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH, AND SHAPED BY ITS URBAN AND GLOBAL SETTINGS.

Program Service Accomplishments

Program 1
Expenses: $106,731,960 Revenue: $122,357,202

POSTSECONDARY EDUCATIONLOCATED IN THE HEART OF MINNEAPOLIS, AUGSBURG UNIVERSITY EDUCATES STUDENTS TO THRIVE IN THEIR LIVES TO BE SUCCESSFUL PROFESSIONALS, GOOD NEIGHBORS, AND STEWARDS OF AN INCLUSIVE...

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POSTSECONDARY EDUCATIONLOCATED IN THE HEART OF MINNEAPOLIS, AUGSBURG UNIVERSITY EDUCATES STUDENTS TO THRIVE IN THEIR LIVES TO BE SUCCESSFUL PROFESSIONALS, GOOD NEIGHBORS, AND STEWARDS OF AN INCLUSIVE DEMOCRACY, ENGAGED IN THEIR COMMUNITIES, AND UNIQUELY EQUIPPED TO NAVIGATE THE COMPLEX ISSUES OF OUR TIME. AUGSBURG OFFERS ITS NEARLY 3,500 STUDENTS UNDERGRADUATE DEGREES IN MORE THAN 50 MAJOR AREAS OF STUDY IN A TRADITIONAL DAY PROGRAM AND ON EVENINGS AND WEEKENDS FOR WORKING ADULTS. THE UNIVERSITY ALSO GRANTS 12 GRADUATE DEGREES IN BUSINESS ADMINISTRATION, CREATIVE WRITING, EDUCATION, LEADERSHIP, MUSIC THERAPY, NURSING, PHYSICIAN ASSISTANT STUDIES, TEACHING, AND SOCIAL WORK, AS WELL AS DOCTORATES OF CLINICAL PSYCHOLOGY, MEDICAL SCIENCE, AND NURSING PRACTICE.

Program 2
Expenses: $23,713,397 Revenue: $2,141,933

ACADEMIC SUPPORT AND STUDENT SERVICESAUGSBURG UNIVERSITY PROVIDES INNOVATIVE PROGRAMMING AND SUPPORT SERVICES TO NEARLY 3,500 UNDERGRADUATE AND GRADUATE LEARNERS. AS AN EXAMPLE, THE GAGE CENTER FOR...

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ACADEMIC SUPPORT AND STUDENT SERVICESAUGSBURG UNIVERSITY PROVIDES INNOVATIVE PROGRAMMING AND SUPPORT SERVICES TO NEARLY 3,500 UNDERGRADUATE AND GRADUATE LEARNERS. AS AN EXAMPLE, THE GAGE CENTER FOR STUDENT SUCCESS PROVIDES ADVISING, TUTORING, AND OTHER ACADEMIC SUPPORT SERVICES TO ALL UNDERGRADUATE AND GRADUATE STUDENTS. THE GAGE CENTER INCLUDES THE CENTER FOR LEARNING AND ACCESSIBLE STUDENT SERVICES, ACADEMIC SPECIALISTS WHO PROVIDE INDIVIDUALIZED ACCOMMODATIONS FOR STUDENTS WITH COGNITIVE, LEARNING, AND PHYSICAL DISABILITIES. IN ADDITION, STEPUP AUGSBURG'S INNOVATIVE, NATIONALLY RECOGNIZED RESIDENTIAL COLLEGE RECOVERY PROGRAM SUPPORTS 40-60 STUDENTS EACH YEAR WITH COUNSELING, SUBSTANCE-FREE HOUSING, AND LEADERSHIP DEVELOPMENT. THROUGH THE INTEGRATED SERVICES OF THE ENROLLMENT CENTER, STUDENTS AND FAMILIES CAN RECEIVE COUNSELING AND SUPPORT WITH TUITION PAYMENT PLANS, SCHOLARSHIPS, FINANCIAL AID, AND REGISTRATION. NEARLY HALF OF ALL AUGSBURG STUDENTS PARTICIPATE IN SPORTS AT THE INTERCOLLEGIATE OR INTRAMURAL LEVEL AND STUDENTS CAN ALSO PARTICIPATE IN ONE OF AUGSBURG'S 50 STUDENT ORGANIZATIONS. STUDENTS ARE ALSO SUPPORTED ACADEMICALLY BY THE LINDELL LIBRARY WHICH AS NEARLY 500,000 BOOKS AND E-BOOKS, 150,000 STREAMING VIDEOS AND AUDIO FILES, AND MORE THAN 200 DATABASES WITH ACCESS TO ANOTHER 500 MILLION TITLES WORLDWIDE THROUGH THE OCLC WORLDCAT DATABASE.

Program 3
Expenses: $9,027,633 Revenue: $9,693,161

AUXILIARY SERVICESAUGSBURG UNIVERSITY'S RESIDENCE LIFE PROGRAM SEEKS TO DEVELOP RESIDENTS WHO ARE BOTH STUDENTS AND NEIGHBORS IN AN URBAN COLLEGIATE SETTING. THE UNIVERSITY HAS FIVE RESIDENCE HALLS...

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AUXILIARY SERVICESAUGSBURG UNIVERSITY'S RESIDENCE LIFE PROGRAM SEEKS TO DEVELOP RESIDENTS WHO ARE BOTH STUDENTS AND NEIGHBORS IN AN URBAN COLLEGIATE SETTING. THE UNIVERSITY HAS FIVE RESIDENCE HALLS AND THREE DINING VENUES. DURING FALL 2025, AUGSBURG WAS HOME TO OVER 700 STUDENTS, WITH NEARLY 600 PARTICIPATING IN STUDENT MEAL PLANS. AUGSBURG'S DINING SERVICES PROVIDE A WIDE VARIETY OF MEALS THAT MEET NUTRITIONAL, RELIGIOUS, AND CULTURAL REQUIREMENTS AND EDUCATE STUDENTS ABOUT NUTRITION AND SUSTAINABLE FOOD PRACTICES. A CAMPUS BOOKSTORE OFFERS A VARIETY OF GOODS FOR STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC.

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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 $14,928,448
Program Service Revenue $134,216,843
Investment Income $4,473,903
Other Revenue $-42,458
TOTAL REVENUE $153,576,736

Expense Breakdown

Grants Paid $67,530,989
Salaries & Benefits $50,199,991
Fundraising Expenses $2,786,600
Program Expenses $139,472,990
Other Expenses $33,443,366
TOTAL EXPENSES $151,174,346

Year-over-Year Comparison

2024 2023 Change
Revenue $153,576,736 $138,871,492 +0.1%
Expenses $151,174,346 $144,941,959 +0.0%
Net Income $2,402,390 $-6,070,467 -1.4%
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
28
Independent Members
27
Employees
1428
Volunteers
30

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
$1,561,533
Total Directors
29
$628,203
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS MEYER CHAIR 2.00
Officer Director
$0 $0 $0
JOHN O'BRIEN VICE CHAIR 2.00
Officer Director
$0 $0 $0
DEAN SUNDQUIST TREASURER 2.00
Officer Director
$0 $0 $0
JILL THOMAS SECRETARY 2.00
Officer Director
$0 $0 $0
RON ANDERSON REGENT 2.00
Director
$0 $0 $0
CYRUS BATHEJA REGENT 2.00
Director
$0 $0 $0
CHERYL CHATMAN REGENT 2.00
Director
$0 $0 $0
KARIM EL-HIBRI REGENT 2.00
Director
$0 $0 $0
ELLEN EWALD REGENT 2.00
Director
$0 $0 $0
REGINA HASSANALLY REGENT 2.00
Director
$0 $0 $0
SAANII HERNANDEZ REGENT 2.00
Director
$0 $0 $0
PAHOUA YANG HOFFMAN REGENT 2.00
Director
$0 $0 $0
KENNETH HOLMEN REGENT 2.00
Director
$0 $0 $0
VEENA IYER REGENT 2.00
Director
$0 $0 $0
DIANE JACOBSON REGENT 2.00
Director
$0 $0 $0
ERIC JOLLY REGENT 2.00
Director
$0 $0 $0
WAYNE JORGENSON REGENT 2.00
Director
$0 $0 $0
ETHELIND KABA REGENT 2.00
Director
$0 $0 $0
KAROLYNN LESTRUD REGENT 2.00
Director
$0 $0 $0
TERRY LINDSTROM REGENT 2.00
Director
$0 $0 $0
PATRICIA LULL REGENT 2.00
Director
$0 $0 $0
MICHAEL MAXEY REGENT 2.00
Director
$0 $0 $0
NANCY MUELLER REGENT 2.00
Director
$0 $0 $0
PAUL PRIBBENOW PRESIDENT 40.00
Officer Director
$436,501 $191,702 $628,203
LAMONT WELLS REGENT 2.00
Director
$0 $0 $0
NOYA WOODRICH REGENT 2.00
Director
$0 $0 $0
CHRIS JOHNSON REGENT 2.00
Director
$0 $0 $0
MAXIMILLIAN MARCY REGENT 2.00
Director
$0 $0 $0
KENEESHIA WILLIAMS REGENT 2.00
Director
$0 $0 $0
LEIF ANDERSON VP AND CSO 40.00
Officer
$188,288 $24,179 $212,467
REBECCA JOHN VP AND COO 40.00
Officer
$199,542 $15,896 $215,438
JOHN COSKRAN CFO 40.00
Officer
$251,642 $6,786 $258,428
PAULA O'LOUGHLIN PROVOST AND SR VP 40.00
Officer
$220,751 $26,246 $246,997
ROBERT GOULD VP OF STRATEGIC ENROLLMENT 40.00
Highest
$242,861 $13,938 $256,799
AMY ALKIRE VP OF ADVANCEMENT 40.00
Highest
$180,508 $23,825 $204,333
SARAH ERKKINEN ASSIST VP INSTITUIONAL ADVANCEMENT 40.00
Highest
$162,975 $18,043 $181,018
MONNICA DEVERS DEAN OF PROF. STUDIES 40.00
Highest
$261,305 $6,201 $267,506
RYAN HAALAND DEAN OF ARTS AND SCIENCE 40.00
Highest
$201,990 $2,152 $204,142
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 $153,576,736 $151,174,346 $215,656,761 $2,402,390
2024 $138,871,492 $144,941,959 $209,245,225 $-6,070,467
2023 $130,082,142 $137,384,183 $215,948,379 $-7,302,041
2022 $133,913,998 $134,272,678 $220,780,212 $-358,680
2021 $124,896,585 $122,472,953 $221,278,205 $2,423,632
2020 $130,985,918 $132,000,298 $209,465,774 $-1,014,380
2019 $119,649,668 $122,861,179 $211,415,544 $-3,211,511
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