Provides private Lutheran four-year university education in Minneapolis, offering urban residential living, diverse dining services, and academic programs for undergraduate and graduate students.
Provides private Lutheran four-year university education in Minneapolis, offering urban residential living, diverse dining services, and academic programs for undergraduate and graduate students.
For fiscal year 2025 it reported $153.6M in revenue, $151.2M in expenses, and $139.4M in net assets.Pt I
Financial scale & money flow · FY2025
Total revenue
$153.6M
Pt VIII · Ln 12
Total expenses
$151.2M
Pt IX · Ln 25
Net assets
$139.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.4M
Where spending went · Part IX cols B–D
92%
Program services $0.92 Management & general $0.06 Fundraising $0.02
Operating surplus
+2%
revenue over expenses, this legal entity▲ +136% vs prior filing year
Payroll share
33%
of this entity's spending is salaries & benefits▼ -6% vs prior filing year
Program spending
92%
of expenses reach program services0% vs prior filing year
Summary of the Filing
Part I · fiscal year 2025 · Form 990
Revenue
$153.6M
FY2025▲ +11%
$153.6M$76.8M$0
FY2020FY2025
Expenses
$151.2M
FY2025▲ +4%
$151.2M$75.6M$0
FY2020FY2025
Total assets
$215.7M
FY2025▲ +3%
$221.3M$110.6M$0
FY2020FY2025
Total liabilities
$76.3M
FY2025▲ +2%
$83.8M$41.9M$0
FY2020FY2025
Total revenue
$153.6M
Pt VIII · Ln 12
Total expenses
$151.2M
Pt IX · Ln 25
Net assets
$139.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.4M
Total assetsPt X · Ln 16$215.7M
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 328
Independent voting membersPt I · Ln 427
Mission & Programs · Part III
Where the work happens
3 program services account for $139.5M of program spending, described in the organization's own filed words · FY2024.
01
Postsecondary educationlocated in the heart of minneapolis, augsburg university educates students to thrive in their lives to be successful professionals, good neighbors, and stewards of an inclusive democracy, engaged in their communities, and uniquely equipped to navigate the complex issues of our time.
$106.7Mprogram expense
02
Academic support and student servicesaugsburg university provides innovative programming and support services to nearly 3,500 undergraduate and graduate learners. As an example, the gage center for student success provides advising, tutoring, and other academic support services to all undergraduate and graduate students.
$23.7Mprogram expense
03
Auxiliary servicesaugsburg university's residence life program seeks to develop residents who are both students and neighbors in an urban collegiate setting. The university has five residence halls and three dining venues. During fall 2025, augsburg was home to over 700 students, with nearly 600 participating in student meal plans.
Paul Pribbenow’s $437K as President
is at the 29th 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
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.
Individual Paul Pribbenow · Reported title PRESIDENT · Highest reported compensation $437K · Total expenses $151.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $50.2M · Total expenses $151.2M
33%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
92%
—
—
Overhead ratio
6%
—
—
Fundraising cost ratio
19%
—
—
Revenue growth
11%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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