Financial Information for Michigan Virtual University

Michigan Virtual University's annual revenue was $23.8M in tax year 2024, reported on their IRS Form 990. They spent $23.2M in total expenses. 87% went to programs and services.

Financial Breakdown

What is Michigan Virtual University's total annual expenses?

Michigan Virtual University spent $23.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Michigan Virtual University's budget goes to programs?

Michigan Virtual University spent $20.2M (87% of expenses) on programs and services in tax year 2024.

How much does Michigan Virtual University spend on overhead?

Michigan Virtual University's overhead in tax year 2024 includes administrative (13%) and fundraising (0%) of their expenses.

What is Michigan Virtual University's net worth?

Michigan Virtual University had net assets of $21.2M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.