LOYOLA UNIVERSITY

EIN: 720408946 501(c)(3) Education

New Orleans, LA

Total Revenue
$225,282,245
Total Expenses
$222,856,978
Total Assets
$721,542,172
Net Assets
$348,131,146
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
LA
Principal Officer
Stuart Gay
Phone
5048653960
Tax Period
2024-08-01 to 2025-07-31

LOYOLA UNIVERSITY, founded in 1912, is a major nonprofit in the Education sector that reported $225.3M in total revenue in fiscal year 2024.

Mission

Loyola University New Orleans, a Jesuit and Catholic institution of higher education, welcomes students of diverse backgrounds and prepares them to lead meaningful lives with and for others; to pursue truth, wisdom, and virtue; and to work for a more just world. Inspired by Ignatius of Loyola's vision of finding God in all things, the university is grounded in the liberal arts and sciences, while also offering opportunities for professional studies in undergraduate and selected graduate programs. Through teaching, research, creative activities, and service, the faculty, in cooperation with the staff, strives to educate the whole student and to benefit the larger community.

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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 $15,871,847
Program Service Revenue $190,450,133
Investment Income $18,761,184
Other Revenue $199,081
TOTAL REVENUE $225,282,245

Expense Breakdown

Grants Paid $96,484,173
Salaries & Benefits $70,041,956
Fundraising Expenses $2,794,724
Program Expenses $194,411,377
Other Expenses $56,325,349
TOTAL EXPENSES $222,856,978

Year-over-Year Comparison

2024 2023 Change
Revenue $225,282,245 $216,803,772 +0.0%
Expenses $222,856,978 $221,574,141 +0.0%
Net Income $2,425,267 $-4,770,369 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
27
Employees
2178
Volunteers
331

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
3
$0
Total Directors
25
$0
Key Employees
14
$3,462,288
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Xavier Cole President 40
Key Emp
$470,003 $32,474 $502,477
Carol Markowitz SVP/Chief Operating Officer 40
Key Emp
$437,500 $40,252 $477,752
Madeline Landrieu Dean of College of Law 40
Key Emp
$310,000 $16,701 $326,701
Paul Cesarini Dean of City College 40
Key Emp
$247,115 $76,332 $323,447
Michelle Collins Dean College of Nursing and Health 40
Key Emp
$265,385 $38,931 $304,316
Maria Calzada Interim Provost 40
Key Emp
$242,308 $37,106 $279,414
Mary Algero Professor of Law 40
Highest
$201,726 $59,405 $261,131
Sheryl Kennedy Haydel Dean of Music and Media 40
Key Emp
$224,615 $27,783 $252,398
Robert Verchick Professor of Law 40
Highest
$204,819 $37,028 $241,847
Sharonda Williams VP and General Counsel and Dir Gov Affairs 40
Highest
$200,000 $22,820 $222,820
Blaine Lecesne Professor of Law 40
Highest
$200,331 $22,380 $222,711
Leonard Kahn Dean College of Arts and sciences 40
Key Emp
$186,923 $22,206 $209,129
Stephanie Hotard Vice Pres University Advancement 40
Key Emp
$182,152 $22,766 $204,918
Gustavo Barboza Professor College of Business 40
Highest
$187,000 $14,732 $201,732
Alicia Bourque Vice President Student Affairs 40
Key Emp
$130,000 $33,089 $163,089
Anthony Jones Vice President Enrollment Management 40
Key Emp
$150,096 $9,682 $159,778
Patricia Nugent Interim Dean 40
Key Emp
$106,588 $23,137 $129,725
Christopher Wiseman Vice Pres University Advancement 40
Key Emp
$85,031 $10,352 $95,383
Stuart Gay Chief Financial Officer 40.00
Key Emp
$30,769 $2,992 $33,761
Michael Bell Board Member 1
Director
$0 $0 $0
John Brown SJ Board Member 1
Director
$0 $0 $0
John Cecero SJ Board Member 1
Director
$0 $0 $0
Thomas Curran SJ Board Member 1
Director
$0 $0 $0
Brian Dunkle SJ Board Member 1
Director
$0 $0 $0
Benjamin C Fields Board Member 1
Director
$0 $0 $0
Joe George Board Member 1
Director
$0 $0 $0
Caroline Gonzalez Board Member 1
Director
$0 $0 $0
Nancy Hairston Board Member 1
Director
$0 $0 $0
Morton Katz Board Member 1
Director
$0 $0 $0
Rachel Kent Board Member 1
Director
$0 $0 $0
Dennis Lauscha Board Member 1
Director
$0 $0 $0
Brian Linnane SJ Board Member 1
Director
$0 $0 $0
Gregory Rattler Board Member 1
Director
$0 $0 $0
Scott Rodger Board Member 1
Director
$0 $0 $0
Lisa Osborne Ross Board Member 1
Director
$0 $0 $0
Leah Schlater-Brown Board Member 1
Director
$0 $0 $0
Jared Schoch Board Member 1
Director
$0 $0 $0
Leo Seoane Board Member 1
Director
$0 $0 $0
Michael Skehan Board Member 1
Director
$0 $0 $0
Tod Smith Board Member 1
Director
$0 $0 $0
Stephanie Stokes Board Member 1
Director
$0 $0 $0
Cherrell Simms Taplin Board Member 1
Director
$0 $0 $0
John Thiede SJ Board Member 1
Director
$0 $0 $0
Duke Williams Board Member 1
Director
$0 $0 $0
Rev W Penn Dawson SJ Assistant Professor Law and Board Secretary/Treasurer 40.00
Officer
$0 $0 $0
Ryan Haas Vice Chair 1
Officer
$0 $0 $0
Robert LeBlanc Chair 1
Officer
$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 $225,282,245 $222,856,978 $721,542,172 $2,425,267
2024 $216,803,772 $221,574,141 $708,940,262 $-4,770,369
2023 $209,192,889 $209,138,590 $685,229,721 $54,299
2022 $211,887,950 $205,626,594 $541,656,000 $6,261,356
2021 $193,330,679 $190,525,142 $562,509,416 $2,805,537
2020 $180,729,254 $180,919,967 $507,723,751 $-190,713
2019 $184,778,823 $170,748,742 $515,765,291 $14,030,081
2018 $172,283,157 $172,062,909 $527,596,180 $220,248
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