Clarkson University is an independent, nationally recognized technological University whose faculty of teacher-scholars aspires to offer superior instruction and engage in high-quality research and scholarship in engineering, business, science, health, education, and liberal arts.our primary mission is to educate talented and motivated men and women to become successful professionals through quality pre-collegiate, undergraduate, graduate, and professional continuing educational programs, with particular emphasis on the undergraduate experience. Our community and campus settings enhance the quality of student life and afford students access to, and interaction with, their faculty. We value the diversity of our University community, and we strive to attune ourselves and our programs to our global, pluralistic society. We share the belief that humane and environmentally sound economic and social development derive from the expansion, diffusion, and application of knowledge.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$5.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $2.9M a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5.2M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $209.9M in investments, Pt X · Ln 11–13
Fine: 0.1 months of spending in cash, plus $209.9M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $298K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$134.6M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
35
of 35 voting members
Looks good: 35 of 35 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$247.2M
Spent
$238.0M
To programs
92%
Net assets
$315.9M
By yearFY2020–FY2025
Revenue
$247.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$247.2M
FY2021$269.9M
FY2022$262.2M
FY2023$233.4M
FY2024$230.8M
FY2025$223.5M
Expenses
$238.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$238.0M
FY2021$242.2M
FY2022$260.9M
FY2023$250.5M
FY2024$252.8M
FY2025$240.1M
Net assets
$315.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$315.9M
FY2021$369.3M
FY2022$352.0M
FY2023$351.8M
FY2024$337.0M
FY2025$330.4M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1955.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $218.9M Management & general 7% · $16.4M Fundraising 1% · $2.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

59 people listed on the 990; $5.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$919,092Pt VII · Sec A
Dean of School of Engineering
$320,261Pt VII · Sec A
Former Director Stem Inst.
$318,651Pt VII · Sec A
Head Men's Hockey Coach
$307,083Pt VII · Sec A
Prof./Dir. Supply Chain Mgmt
$306,212Pt VII · Sec A
Interim Dean of Arts & Science
$286,478Pt VII · Sec A
Dean of School of Business
$285,316Pt VII · Sec A
Head Women's Hockey Coach
$279,294Pt VII · Sec A

Marc Christensen’s $670K as President (thru 7/24) is at the 58th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Anthony Collins——$1,324,278$805,445$817,608$919,092
Marc Christensen$670,368—————
Marc P Christensen—$641,914$370,479———
Jeffrey Ives$346,840$113,742————
William Jemison$324,758$343,905$320,850$339,470$320,247$320,261
Lennart Johns$342,615$308,766$296,897$301,428——
Robyn Hannigan——$185,354$338,711$340,877—
Casey Jones—$340,835$340,369$329,679$338,754$307,083

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides undergraduate, graduate, and continuing education programs while conducting high-quality academic research, scholarship, and professional conferences.

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Provided by the organization

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3 programs · $218.9M · in their own filed words · FY2019
01

Higher Education

Provide instruction, research, public service, campus support, etc. for undergraduate and graduate students. (4,005 FTE students) U.S. News & World Report's 2020 rankings of 'Best Colleges' again placed Clarkson University in tier one, the top tier of national universities. Clarkson is also on the U.S.

$211.1Mprogram expense
02

Extracurricular programs, general/other auxiliary enterprises such as housing, dining, and recreational services for its students. (3,640 FTE students)

$7.8Mprogram expense
03

Conferences & Workshops

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$298K
See all 3 funders →
Grants paid · 106 grants · $641.7M · 2019–2024
Unitemized GrantFY2024$80,345,665
Unitemized GrantFY2024$4,326,556
Unitemized GrantFY2024$3,107,073
Unitemized GrantFY2024$2,777,391
Unitemized GrantFY2024$2,649,958
Unitemized GrantFY2024$2,579,490
Unitemized GrantFY2024$2,269,064
Unitemized GrantFY2024$1,122,058
Unitemized GrantFY2024$1,115,890
Unitemized GrantFY2024$409,086
Unitemized GrantFY2024$392,416
Unitemized GrantFY2024$220,320
Unitemized GrantFY2024$84,496
Unitemized GrantFY2024$4,977
Unitemized GrantFY2024$291
Unitemized GrantFY2023$83,430,406
Unitemized GrantFY2023$3,834,131
See all 106 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$247.2M
Ln 12
Fees for servicesLn 2g$202.6M
Gifts and grantsLn 1h$36.4M
Investment incomeLn 3$5.4M
Money outPt IX
$238.0M
Ln 25
Programscol B$218.9M
Managementcol C$16.4M
Fundraisingcol D$2.7M
Owns and owesPt X
$315.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$450.5M
LiabilitiesLn 26$134.6M
PeoplePt VI, VII
59
listed · VII A
PaidVII A19
Voting boardVI 1a35
IndependentVI 1b35
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$36.4M
Government grantsLn 1e$15.0M
Noncash giftsLn 1g$1.8M
Fees for servicesLn 2g$202.6M
Investment incomeLn 3$5.4M
Other incomeLn 4–11$2.9M
Gains on assetsLn 7$4.6M
Total revenueLn 12$247.2M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$209.9M
Land, buildings, equipmentLn 10c$218.3M
Other assetsLn 15$625K
Total assetsLn 16$450.5M
LiabilitiesLn 26$134.6M
Net assetsLn 32$315.9M
OperationsPt I, VI
EmployeesI 52,329
VolunteersI 61,035
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$12.0M$1.2M
InvestmentsLn 11–13$215.8M$209.9M
Land, buildings, equipmentLn 10c$201.7M$218.3M
Total assetsLn 16$445.0M$450.5M
LiabilitiesLn 26$136.8M$134.6M
Net assetsLn 32$308.1M$315.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$100K$100K
Grants to domestic individualsLn 2$104.8M$104.8M
Grants and assistance to foreign recipientsLn 3$947K$947K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$4.0M$2.4M$1.6M
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$61.1M$53.9M$5.7M$1.5M
Pension plan contributionsLn 8$4.0M$3.3M$507K$123K
Other employee benefitsLn 9$9.7M$8.2M$1.2M$302K
Payroll taxesLn 10$4.7M$3.9M$598K$145K
Management feesLn 11a$0
Legal feesLn 11b$490K$33K$458K
Accounting feesLn 11c$249K$249K
Lobbying feesLn 11d$215K$215K
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$414K$414K
Other fees for servicesLn 11g$3.2M$2.0M$1.0M$181K
Advertising and promotionLn 12$1.8M$1.5M$285K$36K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$3.2M$2.7M$519K
TravelLn 17$2.3M$2.0M$183K$104K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$2.0M$1.8M$241K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$10.2M$10.2M−$233K$238K
InsuranceLn 23$991K$113K$878K
Other expenses (24a–d)Ln 24$13.3M$12.1M$1.2M$17K
All other expensesLn 24e$10.4M$8.3M$1.9M$69K
Total functional expensesLn 25$238.0M$218.9M$16.4M$2.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $223.5M$240.1M−$16.6M$330.4M 990 PDF
FY2024 $230.8M$252.8M−$22.0M$337.0M 990 PDF
FY2023 $233.4M$250.5M−$17.1M$351.8M 990 PDF
FY2022 $262.2M$260.9M$1.4M$352.0M 990 PDF
FY2021 $269.9M$242.2M$27.7M$369.3M 990 PDF
FY2020 Viewing $247.2M$238.0M$9.2M$315.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $247,229,817 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $30,549,806$36,359,000
I-9 Program service revenuePrior year $198,778,489$202,635,980
I-10 Investment incomePrior year $11,433,630$5,369,669
I-11 Other revenuePrior year $4,229,001$2,865,168
I-12 Total revenuePrior year $244,990,926$247,229,817
I-13 Grants and similar amounts paidPrior year $100,799,206$105,856,274
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $83,954,632$83,454,742
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $54,133,286$48,712,282
I-18 Total expensesPrior year $238,887,124$238,023,298
I-19 Revenue less expensesPrior year $6,103,802$9,206,519
Part VI · Governance 35 of 35 board members independent, 1 to look at
VI-1a Voting members of the governing body35
VI-1b Independent voting members35
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $247,229,817 across 12 lines filed
Lines not itemized here account for $2,138,760 of total revenue; see the IRS return.
VIII-1e Government grants$14,964,872
VIII-1f All other contributions, gifts and grants$21,394,128
VIII-1g Noncash contributions (included above)$1,828,702
VIII-1h Total contributions, gifts and grants$36,359,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $202,627,040 · Excluded from tax $8,940$202,635,980
VIII-3 Investment incomeUnrelated business −$165,390 · Excluded from tax $894,177$728,787
VIII-5 RoyaltiesExcluded from tax $27,396$27,396
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,640,882$4,640,882
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $246,118 · Excluded from tax $452,894$699,012
VIII-12 Total revenueRelated to mission $204,880,497 · Unrelated business −$100,845 · Excluded from tax $6,091,165$247,229,817
Part IX · Statement of functional expenses $238,023,298 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $100,000$100,000
IX-2 Grants to domestic individualsPrograms $104,809,284$104,809,284
IX-3 Grants and assistance to foreign recipientsPrograms $946,990$946,990
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $2,390,667 · Management $1,598,294$3,988,961
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $53,928,117 · Management $5,689,347 · Fundraising $1,503,198$61,120,662
IX-8 Pension plan contributionsPrograms $3,327,689 · Management $506,725 · Fundraising $123,085$3,957,499
IX-9 Other employee benefitsPrograms $8,172,774 · Management $1,244,512 · Fundraising $302,296$9,719,582
IX-10 Payroll taxesPrograms $3,925,150 · Management $597,704 · Fundraising $145,184$4,668,038
IX-11a Management fees$0
IX-11b Legal feesPrograms $32,821 · Management $457,557$490,378
IX-11c Accounting feesManagement $248,675$248,675
IX-11d Lobbying feesPrograms $214,798$214,798
IX-11f Investment management feesPrograms $413,687$413,687
IX-11g Other fees for servicesPrograms $1,975,750 · Management $1,031,363 · Fundraising $181,080$3,188,193
IX-12 Advertising and promotionPrograms $1,483,607 · Management $285,004 · Fundraising $36,398$1,805,009
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $2,651,297 · Management $518,595$3,169,892
IX-17 TravelPrograms $1,973,344 · Management $183,236 · Fundraising $103,866$2,260,446
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $1,801,943 · Management $240,757$2,042,700
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $10,219,478 · Management −$232,747 · Fundraising $238,350$10,225,081
IX-23 InsurancePrograms $113,021 · Management $877,719$990,740
IX-24 Other expenses (24a–d)Programs $12,099,540 · Management $1,191,348 · Fundraising $17,010$13,307,898
IX-24e All other expensesPrograms $8,340,761 · Management $1,945,033 · Fundraising $68,991$10,354,785
IX-25 Total functional expensesPrograms $218,920,718 · Management $16,383,122 · Fundraising $2,719,458$238,023,298
Part X · Balance sheet $450,462,960 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $12,006,818$1,165,319
X-3 Pledges and grants receivableStart of year $5,126,321$11,115,196
X-4 Accounts receivableStart of year $8,105,526$8,245,914
X-8 Inventories for sale or useStart of year $221,510$233,382
X-9 Prepaid expenses and deferred chargesStart of year $1,326,979$864,122
X-10c Land, buildings and equipment, netStart of year $201,746,832$218,343,253
X-11 Publicly traded securitiesStart of year $97,823,052$96,249,427
X-12 Other securitiesStart of year $109,823,870$106,447,775
X-13 Program-related investmentsStart of year $8,132,031$7,173,136
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $648,451$625,436
X-16 Total assetsStart of year $444,961,390$450,462,960
X-17 Accounts payable and accrued expensesStart of year $12,888,852$8,869,827
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $7,731,426$6,998,208
X-20 Tax-exempt bond liabilitiesStart of year $72,111,917$71,522,232
X-24 Unsecured notes and loans payableStart of year $1,250,000$1,166,667
X-25 Other liabilitiesStart of year $40,757,344$43,715,131
X-26 Total liabilitiesStart of year $136,848,579$134,577,983
X-27 Net assets without donor restrictionsStart of year $138,185,558$142,396,745
X-28 Net assets with donor restrictionsStart of year $169,927,253$173,488,232
X-32 Total net assets or fund balancesStart of year $308,112,811$315,884,977
X-33 Total liabilities and net assetsStart of year $444,961,390$450,462,960
Part XI · Reconciliation of net assets $315,884,977 net assets at year end
XI-1 Total revenue$247,229,817
XI-2 Total expenses$238,023,298
XI-3 Revenue less expenses$9,206,519
XI-4 Net assets at start of year$308,112,811
XI-5 Net unrealized gains (losses) on investments−$2,582,907
XI-9 Other changes in net assets$1,148,554
XI-10 Net assets at end of year$315,884,977

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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