The mission of the College is to enable students to become independent, responsible, and thoughtful individuals through a program of liberal education. That education prepares them to live creatively and usefully, and to provide leadership for their society in an interdependent world.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$3.6M 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 $3.3M a year · 3% 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
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.6M
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
<1 mo
of spending, in cash
Plus $167.6M in investments, Pt X · Ln 11–13
Fine: 0.6 months of spending in cash, plus $167.6M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$79.7M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 23 voting members
Looks good: 22 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$127.9M
+3% vs prior year
Spent
$138.7M
To programs
86%
Net assets
$246.8M
By yearFY2020–FY2025
Revenue
$127.9M
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$120.8M
FY2021$116.7M
FY2022$127.8M
FY2023$124.4M
FY2024$127.9M
FY2025$132.9M
Expenses
$138.7M
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$117.3M
FY2021$116.2M
FY2022$126.5M
FY2023$133.3M
FY2024$138.7M
FY2025$138.2M
Net assets
$246.8M
FY2024▲ +0.7%
Tap a bar for its year
Net assets by fiscal year
FY2020$232.1M
FY2021$264.7M
FY2022$245.3M
FY2023$245.0M
FY2024$246.8M
FY2025$255.1M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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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 Apr 1941.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $119.9M Management & general 11% · $15.7M Fundraising 2% · $3.2M

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

41 people listed on the 990; $3.6M 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
$507,000Pt VII · Sec A
VP for Finance/Admin
$329,743Pt VII · Sec A
VP. Adv/Ext. Rel., Int. VP, Fin./Admin.
$328,083Pt VII · Sec A
Chief Information Officer
$317,395Pt VII · Sec A
VP for Enrollment
$253,962Pt VII · Sec A
VP & General Counsel
$226,618Pt VII · Sec A
VP Inclusivity & Comm. Eng
$223,125Pt VII · Sec A
VP for Campus Life
$203,500Pt VII · Sec A

Robyn Hannigan’s $537K as President is at the 44th 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
Robyn Hannigan$537,180$507,000$266,350———
Dr S Brock Blomberg———$339,851$470,021$489,147
Jill a Marsteller——$376,060$285,745$284,462$270,461
Robert Herzog—$329,743————
Michelle M Yurko$280,240$328,083$58,717———
Eugene Spencer—$317,395$202,560$198,590$197,592$194,264
Gundolf Graml$298,839—————
Terri Albertson$287,195—————

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

Empowers students with independent, responsible, and thoughtful undergraduate education.

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2 programs · $119.9M · in their own filed words · FY2023
01

Academic Instruction

Ursinus college is an independent, four year liberal arts college founded in 1869. The mission of the college is to enable students to become independent, responsible, and thoughtful individuals through a program of liberal education.

$102.5Mprogram expense
02

Student services, including housing, room & board, and athletics: the college offers living accommodations for most of its students in either traditional residence halls integrated into the campus, or in renovated historic homes in the community that borders the campus.

$17.4Mprogram expense

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 1 funder$2K
Grants paid · 13 grants · $1.7M · 2019–2024
Unitemized GrantFY2024$164,215
Unitemized GrantFY2024$107,500
Unitemized GrantFY2024$49,500
Unitemized GrantFY2023$190,401
Unitemized GrantFY2023$150,375
Unitemized GrantFY2022$167,751
Unitemized GrantFY2022$120,315
Unitemized GrantFY2021$262,741
Unitemized GrantFY2021$94,836
Unitemized GrantFY2020$175,204
Unitemized GrantFY2020$44,440
Unitemized GrantFY2019$171,050
Unitemized GrantFY2019$41,749

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$127.9M
Ln 12
Fees for servicesLn 2g$106.5M
Investment incomeLn 3$9.8M
Gifts and grantsLn 1h$8.8M
Money outPt IX
$138.7M
Ln 25
Programscol B$119.9M
Managementcol C$15.7M
Fundraisingcol D$3.2M
Owns and owesPt X
$246.8M
net assets · Ln 32
Cash and savingsLn 1–2$6.4M
Total assetsLn 16$326.5M
LiabilitiesLn 26$79.7M
PeoplePt VI, VII
41
listed · VII A
PaidVII A16
Voting boardVI 1a23
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.8M
Government grantsLn 1e$1.4M
Noncash giftsLn 1g$497K
Fundraising eventsLn 1c$84K
Fees for servicesLn 2g$106.5M
Investment incomeLn 3$9.8M
Other incomeLn 4–11$2.7M
Gains on assetsLn 7$8.1M
Total revenueLn 12$127.9M
Assets in detailPt X, end of year
CashLn 1−$1
SavingsLn 2$6.4M
Cash and savings togetherLn 1–2$6.4M
InvestmentsLn 11–13$167.6M
Land, buildings, equipmentLn 10c$137.5M
Other assetsLn 15$10.5M
Total assetsLn 16$326.5M
LiabilitiesLn 26$79.7M
Net assetsLn 32$246.8M
OperationsPt I, VI
EmployeesI 51,309
VolunteersI 646
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$15.3M$6.4M
InvestmentsLn 11–13$158.4M$167.6M
Land, buildings, equipmentLn 10c$135.0M$137.5M
Total assetsLn 16$323.6M$326.5M
LiabilitiesLn 26$78.6M$79.7M
Net assetsLn 32$245.0M$246.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$57.8M$57.8M
Grants and assistance to foreign recipientsLn 3$364K$364K
Pay of current officers, directors and key staffLn 5$2.7M$299K$2.0M$353K
Other salaries and wagesLn 7$30.3M$25.3M$3.5M$1.5M
Pension plan contributionsLn 8$1.9M$1.4M$386K$89K
Other employee benefitsLn 9$4.5M$3.3M$968K$238K
Payroll taxesLn 10$2.4M$1.7M$575K$132K
Legal feesLn 11b$381K$381K
Accounting feesLn 11c$164K$750$163K
Lobbying feesLn 11d$118K$118K
Investment management feesLn 11f$360K$360K
Other fees for servicesLn 11g$5.8M$4.2M$1.7M$415
Advertising and promotionLn 12$955K$8K$946K
Office expensesLn 13$3.5M$2.4M$1.1M$110
Information technologyLn 14$1.5M$723K$824K
OccupancyLn 16$2.8M$2.3M$481K
TravelLn 17$1.5M$1.3M$259K$67
Conferences, conventions and meetingsLn 19$238K$170K$69K$9
InterestLn 20$2.6M$2.6M$19K
Depreciation, depletion and amortizationLn 22$5.8M$5.2M$666K
InsuranceLn 23$1.3M$699K$485K$115K
Other expenses (24a–d)Ln 24$11.5M$10.1M$689K$753K
All other expensesLn 24e$183K$142K$41K$88
Total functional expensesLn 25$138.7M$119.9M$15.7M$3.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $132.9M$138.2M−$5.3M$255.1M 990 PDF
FY2024 Viewing $127.9M$138.7M−$10.8M$246.8M 990 PDF
FY2023 $124.4M$133.3M−$8.9M$245.0M 990 PDF
FY2022 $127.8M$126.5M$1.3M$245.3M 990 PDF
FY2021 $116.7M$116.2M$512K$264.7M 990 PDF
FY2020 $120.8M$117.3M$3.5M$232.1M 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 FY2024 990 (6 parts)
Part I · Summary $127,902,868 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,906,562$8,848,634
I-9 Program service revenuePrior year $106,052,833$106,498,689
I-10 Investment incomePrior year $4,291,201$9,819,798
I-11 Other revenuePrior year $1,185,834$2,735,747
I-12 Total revenuePrior year $124,436,430$127,902,868
I-13 Grants and similar amounts paidPrior year $57,152,046$58,191,881
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $39,595,621$41,697,921
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $36,542,291$38,777,365
I-18 Total expensesPrior year $133,289,958$138,667,167
I-19 Revenue less expensesPrior year −$8,853,528−$10,764,299
Part VI · Governance 22 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members22
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $127,902,868 across 13 lines filed
Lines not itemized here account for $51,407 of total revenue; see the IRS return.
VIII-1c Fundraising events$83,847
VIII-1e Government grants$1,446,986
VIII-1f All other contributions, gifts and grants$7,317,801
VIII-1g Noncash contributions (included above)$496,607
VIII-1h Total contributions, gifts and grants$8,848,634
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $106,498,689$106,498,689
VIII-3 Investment incomeExcluded from tax $1,676,201$1,676,201
VIII-5 RoyaltiesExcluded from tax $12,713$12,713
VIII-6 Net rental income or lossUnrelated business −$648 · Excluded from tax $1,106,421$1,105,773
VIII-7 Net gain or loss on sales of assetsExcluded from tax $8,143,597$8,143,597
VIII-8 Net income from fundraising eventsExcluded from tax $182,620$182,620
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,383,234$1,383,234
VIII-12 Total revenueRelated to mission $106,498,689 · Unrelated business −$648 · Excluded from tax $12,556,193$127,902,868
Part IX · Statement of functional expenses $138,667,167 across 23 lines filed
IX-2 Grants to domestic individualsPrograms $57,827,961$57,827,961
IX-3 Grants and assistance to foreign recipientsPrograms $363,920$363,920
IX-5 Pay of current officers, directors and key staffPrograms $299,172 · Management $2,013,275 · Fundraising $353,457$2,665,904
IX-7 Other salaries and wagesPrograms $25,321,036 · Management $3,490,866 · Fundraising $1,474,077$30,285,979
IX-8 Pension plan contributionsPrograms $1,388,094 · Management $385,511 · Fundraising $89,336$1,862,941
IX-9 Other employee benefitsPrograms $3,262,151 · Management $967,746 · Fundraising $237,781$4,467,678
IX-10 Payroll taxesPrograms $1,708,202 · Management $575,145 · Fundraising $132,072$2,415,419
IX-11b Legal feesManagement $380,794$380,794
IX-11c Accounting feesPrograms $750 · Management $162,932$163,682
IX-11d Lobbying feesManagement $118,110$118,110
IX-11f Investment management feesManagement $360,331$360,331
IX-11g Other fees for servicesPrograms $4,166,448 · Management $1,661,929 · Fundraising $415$5,828,792
IX-12 Advertising and promotionPrograms $8,268 · Management $946,492$954,760
IX-13 Office expensesPrograms $2,403,490 · Management $1,061,587 · Fundraising $110$3,465,187
IX-14 Information technologyPrograms $722,834 · Management $824,293$1,547,127
IX-16 OccupancyPrograms $2,292,469 · Management $480,614$2,773,083
IX-17 TravelPrograms $1,252,716 · Management $258,655 · Fundraising $67$1,511,438
IX-19 Conferences, conventions and meetingsPrograms $169,623 · Management $68,782 · Fundraising $9$238,414
IX-20 InterestPrograms $2,571,832 · Management $18,965$2,590,797
IX-22 Depreciation, depletion and amortizationPrograms $5,182,007 · Management $666,263$5,848,270
IX-23 InsurancePrograms $699,421 · Management $485,306 · Fundraising $114,702$1,299,429
IX-24 Other expenses (24a–d)Programs $10,071,764 · Management $689,055 · Fundraising $753,384$11,514,203
IX-24e All other expensesPrograms $141,947 · Management $40,913 · Fundraising $88$182,948
IX-25 Total functional expensesPrograms $119,854,105 · Management $15,657,564 · Fundraising $3,155,498$138,667,167
Part X · Balance sheet $326,513,668 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $159,925−$1
X-2 Savings and temporary cash investmentsStart of year $15,101,157$6,363,354
X-3 Pledges and grants receivableStart of year $2,221,851$2,479,459
X-4 Accounts receivableStart of year $864,721$307,906
X-8 Inventories for sale or useStart of year $181,407$175,799
X-9 Prepaid expenses and deferred chargesStart of year $1,252,648$1,539,973
X-10c Land, buildings and equipment, netStart of year $134,972,648$137,546,724
X-11 Publicly traded securitiesStart of year $129,729,187$37,266,743
X-12 Other securitiesStart of year $28,540,475$130,372,688
X-13 Program-related investmentsStart of year $177,460$0
X-15 Other assetsStart of year $10,398,019$10,461,023
X-16 Total assetsStart of year $323,599,498$326,513,668
X-17 Accounts payable and accrued expensesStart of year $4,590,128$5,146,779
X-19 Deferred revenueStart of year $773,020$762,787
X-20 Tax-exempt bond liabilitiesStart of year $54,454,011$53,034,801
X-25 Other liabilitiesStart of year $8,859,611$8,344,684
X-26 Total liabilitiesStart of year $78,578,169$79,704,879
X-27 Net assets without donor restrictionsStart of year $112,170,979$104,347,013
X-28 Net assets with donor restrictionsStart of year $132,850,350$142,461,776
X-32 Total net assets or fund balancesStart of year $245,021,329$246,808,789
X-33 Total liabilities and net assetsStart of year $323,599,498$326,513,668
Part XI · Reconciliation of net assets $246,808,789 net assets at year end
XI-1 Total revenue$127,902,868
XI-2 Total expenses$138,667,167
XI-3 Revenue less expenses−$10,764,299
XI-4 Net assets at start of year$245,021,329
XI-5 Net unrealized gains (losses) on investments$12,693,162
XI-9 Other changes in net assets−$141,403
XI-10 Net assets at end of year$246,808,789

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

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