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.
93¢ of each $1 spent went to programs.
$6.3M 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

FY2023 · 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
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6.3M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $207.8M in investments, Pt X · Ln 11–13
Fine: 1.7 months of spending in cash; 1 to 3.
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
$129.0M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$233.4M
-11% vs prior year
Spent
$250.5M
To programs
93%
Net assets
$351.8M
By yearFY2020–FY2025
Revenue
$233.4M
FY2023▼ -11%
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
$250.5M
FY2023▼ -4%
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
$351.8M
FY2023-0.03%
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 FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

93 cents of each dollar spent went to programs.

Program services 93% · $232.0M Management & general 6% · $16.2M Fundraising 1% · $2.2M

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

53 people listed on the 990; $6.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Professor and Former President
$1,324,278Pt VII · Sec A
President (as of 07/2022)
$370,479Pt VII · Sec A
Head Men's Hockey Coach
$340,369Pt VII · Sec A
Dean of School of Engineering
$320,850Pt VII · Sec A
Dean of Arts & Sci (thru 12/2023)
$315,898Pt VII · Sec A
Professor, SR Adv to the President
$312,459Pt VII · Sec A
Founding Dean of Health Sciences
$296,897Pt VII · Sec A
Head Women's Hockey Coach
$284,787Pt 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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3 programs · $232.0M · in their own filed words · FY2022
01

See schedule o

$222.0Mprogram expense
02

Extracurricular programs, GENERAL/OTHER auxiliary enterprises such as housing, dining, and recreational services for its students (2,639 fte students).

$10.0Mprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$233.4M
Ln 12
Fees for servicesLn 2g$197.3M
Gifts and grantsLn 1h$31.9M
Other incomeLn 4–11$3.6M
Money outPt IX
$250.5M
Ln 25
Programscol B$232.0M
Managementcol C$16.2M
Fundraisingcol D$2.2M
Owns and owesPt X
$351.8M
net assets · Ln 32
Cash and savingsLn 1–2$35.9M
Total assetsLn 16$480.8M
LiabilitiesLn 26$129.0M
PeoplePt VI, VII
53
listed · VII A
PaidVII A21
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$31.9M
Government grantsLn 1e$13.2M
Noncash giftsLn 1g$1.9M
Fees for servicesLn 2g$197.3M
Investment incomeLn 3$668K
Other incomeLn 4–11$3.6M
Gains on assetsLn 7−$1.5M
Total revenueLn 12$233.4M
Assets in detailPt X, end of year
SavingsLn 2$35.9M
Cash and savings togetherLn 1–2$35.9M
InvestmentsLn 11–13$207.8M
Land, buildings, equipmentLn 10c$210.6M
Other assetsLn 15$2.2M
Total assetsLn 16$480.8M
LiabilitiesLn 26$129.0M
Net assetsLn 32$351.8M
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 FY23End FY23
Cash and savingsLn 1–2$27.9M$35.9M
InvestmentsLn 11–13$218.6M$207.8M
Land, buildings, equipmentLn 10c$213.6M$210.6M
Total assetsLn 16$485.1M$480.8M
LiabilitiesLn 26$133.2M$129.0M
Net assetsLn 32$352.0M$351.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$70K$70K
Grants to domestic individualsLn 2$109.5M$109.5M
Grants and assistance to foreign recipientsLn 3$1.7M$1.7M
Pay of current officers, directors and key staffLn 5$4.8M$3.2M$1.6M
Pay of disqualified personsLn 6$378K$378K
Other salaries and wagesLn 7$61.2M$54.8M$5.0M$1.3M
Pension plan contributionsLn 8$4.2M$3.6M$480K$97K
Other employee benefitsLn 9$9.7M$8.4M$1.1M$226K
Payroll taxesLn 10$4.0M$3.5M$463K$94K
Legal feesLn 11b$363K$104K$259K
Accounting feesLn 11c$268K$268K
Lobbying feesLn 11d$105K$105K
Investment management feesLn 11f$448K$448K
Other fees for servicesLn 11g$5.1M$3.3M$1.7M$57K
Advertising and promotionLn 12$1.3M$1.2M$41K$77K
OccupancyLn 16$3.7M$3.1M$645K
TravelLn 17$2.6M$2.3M$140K$101K
InterestLn 20$2.8M$1.8M$954K
Depreciation, depletion and amortizationLn 22$10.7M$10.7M−$210K$215K
InsuranceLn 23$1.4M$85K$1.4M
Other expenses (24a–d)Ln 24$15.4M$14.6M$799K$5K
All other expensesLn 24e$10.9M$9.2M$1.7M$27K
Total functional expensesLn 25$250.5M$232.0M$16.2M$2.2M

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 Viewing $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 $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 FY2023 990 (6 parts)
Part I · Summary $233,432,357 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $42,338,123$31,921,438
I-9 Program service revenuePrior year $205,140,343$197,282,966
I-10 Investment incomePrior year $12,570,509$667,736
I-11 Other revenuePrior year $2,194,537$3,560,217
I-12 Total revenuePrior year $262,243,512$233,432,357
I-13 Grants and similar amounts paidPrior year $113,062,436$111,275,798
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $88,245,283$84,292,925
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $59,576,963$54,923,809
I-18 Total expensesPrior year $260,884,682$250,492,532
I-19 Revenue less expensesPrior year $1,358,830−$17,060,175
Part VI · Governance 28 of 28 board members independent, 1 to look at
VI-1a Voting members of the governing body28
VI-1b Independent voting members28
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 $233,432,357 across 9 lines filed
Lines not itemized here account for $2,889,693 of total revenue; see the IRS return.
VIII-1e Government grants$13,151,947
VIII-1f All other contributions, gifts and grants$18,769,491
VIII-1g Noncash contributions (included above)$1,896,493
VIII-1h Total contributions, gifts and grants$31,921,438
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $197,282,966$197,282,966
VIII-3 Investment incomeUnrelated business −$365,496 · Excluded from tax $2,518,435$2,152,939
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,485,203−$1,485,203
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $142,317 · Excluded from tax $528,207$670,524
VIII-12 Total revenueRelated to mission $200,114,546 · Unrelated business −$292,955 · Excluded from tax $1,689,328$233,432,357
Part IX · Statement of functional expenses $250,492,532 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $70,000$70,000
IX-2 Grants to domestic individualsPrograms $109,533,729$109,533,729
IX-3 Grants and assistance to foreign recipientsPrograms $1,672,069$1,672,069
IX-5 Pay of current officers, directors and key staffPrograms $3,211,453 · Management $1,598,294$4,809,747
IX-6 Pay of disqualified personsPrograms $377,775$377,775
IX-7 Other salaries and wagesPrograms $54,824,781 · Management $5,011,522 · Fundraising $1,323,315$61,159,618
IX-8 Pension plan contributionsPrograms $3,600,620 · Management $479,592 · Fundraising $96,991$4,177,203
IX-9 Other employee benefitsPrograms $8,395,130 · Management $1,118,206 · Fundraising $226,143$9,739,479
IX-10 Payroll taxesPrograms $3,472,962 · Management $462,588 · Fundraising $93,553$4,029,103
IX-11b Legal feesPrograms $103,577 · Management $259,300$362,877
IX-11c Accounting feesManagement $267,960$267,960
IX-11d Lobbying feesPrograms $105,272$105,272
IX-11f Investment management feesPrograms $448,387$448,387
IX-11g Other fees for servicesPrograms $3,332,446 · Management $1,663,943 · Fundraising $57,073$5,053,462
IX-12 Advertising and promotionPrograms $1,159,480 · Management $40,928 · Fundraising $77,011$1,277,419
IX-16 OccupancyPrograms $3,069,218 · Management $645,324$3,714,542
IX-17 TravelPrograms $2,333,083 · Management $139,608 · Fundraising $100,584$2,573,275
IX-20 InterestPrograms $1,796,826 · Management $954,209$2,751,035
IX-22 Depreciation, depletion and amortizationPrograms $10,701,663 · Management −$210,243 · Fundraising $214,974$10,706,394
IX-23 InsurancePrograms $84,724 · Management $1,359,906$1,444,630
IX-24 Other expenses (24a–d)Programs $14,558,287 · Management $798,785 · Fundraising $5,318$15,362,390
IX-24e All other expensesPrograms $9,174,396 · Management $1,654,384 · Fundraising $27,386$10,856,166
IX-25 Total functional expensesPrograms $232,025,878 · Management $16,244,306 · Fundraising $2,222,348$250,492,532
Part X · Balance sheet $480,841,124 assets, 21 lines filed
X-2 Savings and temporary cash investmentsStart of year $27,924,506$35,945,969
X-3 Pledges and grants receivableStart of year $11,629,549$9,728,810
X-4 Accounts receivableStart of year $9,546,250$12,602,228
X-8 Inventories for sale or useStart of year $295,850$271,693
X-9 Prepaid expenses and deferred chargesStart of year $1,878,562$1,707,796
X-10c Land, buildings and equipment, netStart of year $213,615,681$210,612,743
X-11 Publicly traded securitiesStart of year $76,226,812$77,351,474
X-12 Other securitiesStart of year $136,907,478$125,468,741
X-13 Program-related investmentsStart of year $5,511,172$4,933,307
X-15 Other assetsStart of year $1,570,730$2,218,363
X-16 Total assetsStart of year $485,106,590$480,841,124
X-17 Accounts payable and accrued expensesStart of year $5,221,724$3,450,194
X-19 Deferred revenueStart of year $3,994,277$4,106,195
X-20 Tax-exempt bond liabilitiesStart of year $79,245,681$76,732,803
X-24 Unsecured notes and loans payableStart of year $1,000,000$916,667
X-25 Other liabilitiesStart of year $41,710,303$42,356,371
X-26 Total liabilitiesStart of year $133,154,406$129,011,661
X-27 Net assets without donor restrictionsStart of year $146,777,853$139,676,592
X-28 Net assets with donor restrictionsStart of year $205,174,331$212,152,871
X-32 Total net assets or fund balancesStart of year $351,952,184$351,829,463
X-33 Total liabilities and net assetsStart of year $485,106,590$480,841,124
Part XI · Reconciliation of net assets $351,829,463 net assets at year end
XI-1 Total revenue$233,432,357
XI-2 Total expenses$250,492,532
XI-3 Revenue less expenses−$17,060,175
XI-4 Net assets at start of year$351,952,184
XI-5 Net unrealized gains (losses) on investments$13,477,455
XI-9 Other changes in net assets$3,459,999
XI-10 Net assets at end of year$351,829,463

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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