Clarkson University FY2024 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $115,396 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

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.
$5.4M 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

FY2024 · 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
$5.4M
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
2 mo
of spending, in cash
Plus $194.9M in investments, Pt X · Ln 11–13
Fine: 1.9 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
$127.1M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$230.8M
-1% vs prior year
Spent
$252.8M
To programs
92%
Net assets
$337.0M
By yearFY2020–FY2025
Revenue
$230.8M
FY2024▼ -1%
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
$252.8M
FY2024▲ +0.9%
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
$337.0M
FY2024▼ -4%
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 FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 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% · $231.6M Management & general 8% · $19.2M Fundraising 1% · $2.0M

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

Something off? Claim to add context

Who runs it and what they're paid

51 people listed on the 990; $5.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President (thru 7/2024)
$641,914Pt VII · Sec A
Dean of School of Engineer
$343,905Pt VII · Sec A
Head Men's Hockey Coach
$340,835Pt VII · Sec A
Dean of Arts & Sci (thru 12/2023)
$332,853Pt VII · Sec A
Founding Dean of Health Sciences
$308,766Pt VII · Sec A
Head Women's Hockey Coach
$303,451Pt VII · Sec A
Professor School of Business
$300,356Pt VII · Sec A
Prof & Dir of Supply Chain
$263,998Pt 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.

See Clarkson University executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • 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.

Questions for Clarkson University

Tap to ask. Clarkson University sees how many people are interested.

Your first name shows with your question. Clarkson University answers here, for everyone.

3 programs · $231.6M · in their own filed words · FY2023
01

See schedule o

$223.0Mprogram expense
02

Extracurricular programs, GENERAL/OTHER auxiliary enterprises such as housing, dining, and recreational services for its students (2,505 fte students).

$8.6Mprogram 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 →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $36.4M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$20.6M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.0M
EngineeringNational Science Foundation · ALN 47.041 · Direct and through City University of NY$1.5M
Biomedical Research and Research TrainingDepartment of Health and Human Services · ALN 93.859 · Direct$1.2M
Geographic Programs - Great Lakes Restoration InitiativeEnvironmental Protection Agency · ALN 66.469 · Direct$1.0M

Plus 50 smaller programs.

The auditor reported 2 findings: a material weakness in money controls.

Year ending Jun 2024 · $41.3M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$23.8M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.0M
Basic and Applied Scientific ResearchDepartment of Defense · ALN 12.300 · Direct and through Florida State University$1.6M
EngineeringNational Science Foundation · ALN 47.041 · Direct and through City University of NY$1.5M
Federal Perkins Loan Program_federal Capital ContributionsDepartment of Education · ALN 84.038 · Direct$1.4M

Plus 50 smaller programs.

The auditor reported 3 findings: a material weakness in money controls.

Year ending Jun 2023 · $42.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$26.6M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.8M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$2.4M
EngineeringNational Science Foundation · ALN 47.041 · Direct and through University of Buffalo and 1 more$1.5M
Basic and Applied Scientific ResearchDepartment of Defense · ALN 12.300 · Direct and through Florida State University$1.1M

Plus 48 smaller programs.

The auditor reported 154 findings: a weakness in money controls, questioned costs.

Year ending Jun 2022 · $91.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$55.2M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$7.2M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$6.4M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$5.7M
EngineeringNational Science Foundation · ALN 47.041 · Direct and through Michigan State University and 4 more$2.2M

Plus 48 smaller programs.

The auditor reported 228 findings: a material weakness in money controls, questioned costs.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$230.8M
Ln 12
Fees for servicesLn 2g$190.3M
Gifts and grantsLn 1h$28.6M
Investment incomeLn 3$9.2M
Money outPt IX
$252.8M
Ln 25
Programscol B$231.6M
Managementcol C$19.2M
Fundraisingcol D$2.0M
Owns and owesPt X
$337.0M
net assets · Ln 32
Cash and savingsLn 1–2$39.1M
Total assetsLn 16$464.1M
LiabilitiesLn 26$127.1M
PeoplePt VI, VII
51
listed · VII A
PaidVII A21
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$28.6M
Government grantsLn 1e$19.8M
Noncash giftsLn 1g$1.9M
Fees for servicesLn 2g$190.3M
Investment incomeLn 3$9.2M
Other incomeLn 4–11$2.7M
Gains on assetsLn 7$6.0M
Total revenueLn 12$230.8M
Assets in detailPt X, end of year
SavingsLn 2$39.1M
Cash and savings togetherLn 1–2$39.1M
InvestmentsLn 11–13$194.9M
Land, buildings, equipmentLn 10c$202.0M
Other assetsLn 15$2.1M
Total assetsLn 16$464.1M
LiabilitiesLn 26$127.1M
Net assetsLn 32$337.0M
OperationsPt I, VI
EmployeesI 52,329
VolunteersI 61,035
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$74.1M
Bond issues listedSch K Pt I5
Raised by those issuesSch K Pt I$75.5M
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$2.1M
Noncash gifts receivedSch M Pt I$1.9M
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$473K
Share of the $214.0M endowmentSch D 1g0.22%
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$214.0M$218.4M$216.6M$240.7M$197.5M
Given inLn 1b$2.8M$6.7M$2.5M$1.8M$3.1M
SpentLn 1d–1f$20.6M$18.0M$19.2M$8.9M$9.4M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$35.9M$39.1M
InvestmentsLn 11–13$207.8M$194.9M
Land, buildings, equipmentLn 10c$210.6M$202.0M
Total assetsLn 16$480.8M$464.1M
LiabilitiesLn 26$129.0M$127.1M
Net assetsLn 32$351.8M$337.0M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$30K$30K
Grants to domestic individualsLn 2$105.0M$105.0M
Grants and assistance to foreign recipientsLn 3$2.1M$2.1M
Pay of current officers, directors and key staffLn 5$4.7M$3.0M$1.7M
Pay of disqualified personsLn 6$48K$48K
Other salaries and wagesLn 7$62.4M$55.5M$5.8M$1.2M
Pension plan contributionsLn 8$4.0M$3.4M$527K$77K
Other employee benefitsLn 9$11.3M$9.6M$1.5M$217K
Payroll taxesLn 10$4.3M$3.7M$571K$83K
Legal feesLn 11b$281K$50K$231K
Accounting feesLn 11c$498K$498K
Lobbying feesLn 11d$116K$116K
Investment management feesLn 11f$473K$473K
Other fees for servicesLn 11g$5.5M$3.1M$2.4M$30K
Advertising and promotionLn 12$1.1M$953K$75K$60K
OccupancyLn 16$3.9M$3.3M$627K
TravelLn 17$3.0M$2.8M$132K$95K
InterestLn 20$3.2M$1.9M$1.4M
Depreciation, depletion and amortizationLn 22$10.6M$10.6M−$185K$190K
InsuranceLn 23$1.5M$88K$1.4M
Other expenses (24a–d)Ln 24$17.0M$16.2M$792K$2K
All other expensesLn 24e$11.7M$9.7M$1.9M$36K
Total functional expensesLn 25$252.8M$231.6M$19.2M$2.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $223.5M$240.1M−$16.6M$330.4M 990 PDF
FY2024 ViewingFiled with the IRS May 12, 2025 $230.8M$252.8M−$22.0M$337.0M 990 PDF
FY2023Filed with the IRS May 15, 2024 $233.4M$250.5M−$17.1M$351.8M 990 PDF
FY2022 $262.2M$260.9M$1.4M$352.0M 990 PDF
FY2021Filed with the IRS May 13, 2022 $269.9M$242.2M$27.7M$369.3M 990 PDF
FY2020Filed with the IRS May 10, 2021 $247.2M$238.0M$9.2M$315.9M 990 PDF

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 FY2024 990 (6 parts)
Part I · Summary $230,792,699 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $31,921,438$28,573,363
I-9 Program service revenuePrior year $197,282,966$190,315,639
I-10 Investment incomePrior year $667,736$9,169,169
I-11 Other revenuePrior year $3,560,217$2,734,528
I-12 Total revenuePrior year $233,432,357$230,792,699
I-13 Grants and similar amounts paidPrior year $111,275,798$107,087,542
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $84,292,925$86,844,967
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $54,923,809$58,886,827
I-18 Total expensesPrior year $250,492,532$252,819,336
I-19 Revenue less expensesPrior year −$17,060,175−$22,026,637
Part VI · Governance 24 of 24 board members independent, no flags
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-2 Family or business relationship among officers or directorsNo
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 $230,792,699 across 9 lines filed
Lines not itemized here account for $2,079,012 of total revenue; see the IRS return.
VIII-1e Government grants$19,821,207
VIII-1f All other contributions, gifts and grants$8,752,156
VIII-1g Noncash contributions (included above)$1,922,966
VIII-1h Total contributions, gifts and grants$28,573,363
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $190,315,639$190,315,639
VIII-3 Investment incomeUnrelated business −$434,574 · Excluded from tax $3,595,364$3,160,790
VIII-7 Net gain or loss on sales of assetsExcluded from tax $6,008,379$6,008,379
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $655,516$655,516
VIII-12 Total revenueRelated to mission $192,283,014 · Unrelated business −$355,510 · Excluded from tax $10,291,832$230,792,699
Part IX · Statement of functional expenses $252,819,336 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $30,000$30,000
IX-2 Grants to domestic individualsPrograms $104,977,567$104,977,567
IX-3 Grants and assistance to foreign recipientsPrograms $2,079,975$2,079,975
IX-5 Pay of current officers, directors and key staffPrograms $2,971,701 · Management $1,748,453$4,720,154
IX-6 Pay of disqualified personsPrograms $48,193$48,193
IX-7 Other salaries and wagesPrograms $55,485,281 · Management $5,755,214 · Fundraising $1,193,790$62,434,285
IX-8 Pension plan contributionsPrograms $3,393,582 · Management $526,941 · Fundraising $76,588$3,997,111
IX-9 Other employee benefitsPrograms $9,608,808 · Management $1,492,014 · Fundraising $216,857$11,317,679
IX-10 Payroll taxesPrograms $3,674,123 · Management $570,502 · Fundraising $82,920$4,327,545
IX-11b Legal feesPrograms $50,099 · Management $231,144$281,243
IX-11c Accounting feesManagement $498,046$498,046
IX-11d Lobbying feesPrograms $116,240$116,240
IX-11f Investment management feesPrograms $473,136$473,136
IX-11g Other fees for servicesPrograms $3,144,404 · Management $2,370,896 · Fundraising $29,763$5,545,063
IX-12 Advertising and promotionPrograms $952,847 · Management $74,746 · Fundraising $60,141$1,087,734
IX-16 OccupancyPrograms $3,280,803 · Management $627,023$3,907,826
IX-17 TravelPrograms $2,783,356 · Management $131,640 · Fundraising $95,224$3,010,220
IX-20 InterestPrograms $1,894,581 · Management $1,351,669$3,246,250
IX-22 Depreciation, depletion and amortizationPrograms $10,626,291 · Management −$185,298 · Fundraising $189,815$10,630,808
IX-23 InsurancePrograms $87,618 · Management $1,363,952$1,451,570
IX-24 Other expenses (24a–d)Programs $16,179,956 · Management $791,802 · Fundraising $2,248$16,974,006
IX-24e All other expensesPrograms $9,742,505 · Management $1,886,467 · Fundraising $35,713$11,664,685
IX-25 Total functional expensesPrograms $231,601,066 · Management $19,235,211 · Fundraising $1,983,059$252,819,336
Part X · Balance sheet $464,098,082 assets, 21 lines filed
X-2 Savings and temporary cash investmentsStart of year $35,945,969$39,060,871
X-3 Pledges and grants receivableStart of year $9,728,810$5,506,226
X-4 Accounts receivableStart of year $12,602,228$18,596,905
X-8 Inventories for sale or useStart of year $271,693$239,272
X-9 Prepaid expenses and deferred chargesStart of year $1,707,796$1,631,814
X-10c Land, buildings and equipment, netStart of year $210,612,743$201,970,861
X-11 Publicly traded securitiesStart of year $77,351,474$72,159,378
X-12 Other securitiesStart of year $125,468,741$118,294,043
X-13 Program-related investmentsStart of year $4,933,307$4,492,068
X-15 Other assetsStart of year $2,218,363$2,146,644
X-16 Total assetsStart of year $480,841,124$464,098,082
X-17 Accounts payable and accrued expensesStart of year $3,450,194$7,310,429
X-19 Deferred revenueStart of year $4,106,195$3,823,801
X-20 Tax-exempt bond liabilitiesStart of year $76,732,803$74,131,504
X-24 Unsecured notes and loans payableStart of year $916,667$833,333
X-25 Other liabilitiesStart of year $42,356,371$39,741,472
X-26 Total liabilitiesStart of year $129,011,661$127,140,331
X-27 Net assets without donor restrictionsStart of year $139,676,592$122,501,293
X-28 Net assets with donor restrictionsStart of year $212,152,871$214,456,458
X-32 Total net assets or fund balancesStart of year $351,829,463$336,957,751
X-33 Total liabilities and net assetsStart of year $480,841,124$464,098,082
Part XI · Reconciliation of net assets $336,957,751 net assets at year end
XI-1 Total revenue$230,792,699
XI-2 Total expenses$252,819,336
XI-3 Revenue less expenses−$22,026,637
XI-4 Net assets at start of year$351,829,463
XI-5 Net unrealized gains (losses) on investments$6,027,744
XI-9 Other changes in net assets$1,127,181
XI-10 Net assets at end of year$336,957,751

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.