Webster University EIN 43-0662529

Webster University

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Provides high-quality global education through a worldwide network of campuses and online programs to prepare students for global citizenship and individual excellence. For fiscal year 2025 it reported $166.6M in revenue, $183.1M in expenses, and $157.8M in net assets.Pt I

Founded
1924
Type
Higher education institution · Colleges & Universities
Location
Saint Louis, MO
Website
www.webster.edu
Filings
6 on file (2020–2025)
Revenue
$166.6MFY2025
Expenses
$183.1M
Net assets
$157.8M
People
30
Filings
6
Updates
0
More identity details & actions ⌄
EIN  43-0662529 Higher education institution Saint Louis, MO Founded 1924
Form 990 (PDF)
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Figures match the IRS filing checked 7/6/26 · see original: IRS
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Size
$100M+
What they do
Provides high-quality global education through a worldwide network of campuses and online programs to prepare students for global citizenship and individual excellence.
Leadership
Elizabeth Stroble · Chancellor - End 06/30/2024 · $700K
Money in and out
$166.6M revenue, $183.1M expenses
Bottom line
-10% operating surplus
Financial scale & money flow · FY2025
Total revenue
$166.6M
Pt VIII · Ln 12
Total expenses
$183.1M
Pt IX · Ln 25
Net assets
$157.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$16.5M
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.14 Fundraising $0.01
Operating surplus
-10%
revenue over expenses, this legal entity▼ -28% vs prior filing year
Payroll share
40%
of this entity's spending is salaries & benefits▼ -0.6% vs prior filing year
Program spending
85%
of expenses reach program services▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$166.6M
FY2025▼ -2%
Expenses
$183.1M
FY2025▼ -0.5%
Total assets
$284.0M
FY2025▼ -6%
Total liabilities
$126.2M
FY2025▼ -2%
Total revenue
$166.6M
Pt VIII · Ln 12
Total expenses
$183.1M
Pt IX · Ln 25
Net assets
$157.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$16.5M
Total assetsPt X · Ln 16$284.0M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 322
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $155.1M of program spending, described in the organization's own filed words · FY2024.
01

With its home campus in ST. Louis, missouri, usa, webster university comprises an action-oriented global network of faculty, staff, students and alumni who forge powerful bonds with each other and with their communities around the globe.

$155.1Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWebster University
EINHdr · item D43-0662529
Principal addressHdr · item CSaint Louis, MO
WebsiteHdr · item Jwww.webster.edu
Year of formationHdr · item L1924
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFColleges & Universities (B430)
Ruling yearIRS BMFMay 1970

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a22
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chancellor - End 06/30/2024
$700,162Pt VII · Sec A
$557,652Pt VII · Sec A
Chancellor - Start 06/30/2024
$239,391Pt VII · Sec A
Vice President Academic Affairs
$230,464Pt VII · Sec A
Vice President Enrollment Mgmt
$226,765Pt VII · Sec A
Global Chief Info Officer
$208,965Pt VII · Sec A
Dean, Sch of Bus & Tech
$199,749Pt VII · Sec A
Dean Communications
$189,738Pt VII · Sec A

Elizabeth Stroble’s $700K as Chancellor - End 06/30/2024 is at the 60th 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
Stroble Elizabeth$817,194$785,882
Elizabeth Stroble$729,100$804,396$677,010
Schuster Julian$704,273$638,181
Elizabeth Stroble$700,162
Julian Schuster$610,929$659,237$535,280
Julian Schuster$557,652
Timothy Keane$239,391
Nancy Hellerud$230,464

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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Statement of Revenue

Part VIII
Program service revenue$153.8M · 92%
Investment income$6.1M · 4%
Contributions & grants$4.0M · 2%
Other revenue$2.6M · 2%
Program service revenue92%$153.8M
Investment income4%$6.1M
Contributions & grants2%$4.0M
Other revenue2%$2.6M
— government grantsLn 1e$1.5M
Total revenueLn 12$166.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.14 Fundraising $0.01
Program services85%$155.1M
Management & general14%$26.5M
Fundraising1%$1.5M
Total functional expensesLn 25$183.1M

Balance Sheet

Part X · end of year
CashLn 1$31.8M
Total assetsLn 16$284.0M
Total liabilitiesLn 26$126.2M
Total net assetsLn 32$157.8M
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $73.4M · Operating expenses (Pt IX) $183.1M · Less non-cash grants $30K · Cash operating expenses/yr $183.1M
4.8 months
Where the money goes
Program services
Program services $155.1M · Total expenses $183.1M
85%
Management & General
Management & general $26.5M · Total expenses $183.1M
14%
Fundraising
Fundraising $1.5M · Total expenses $183.1M
0.8%
Cost to raise $1
Fundraising expense (3-yr avg) $1.8M · Solicited contributions (3-yr avg) $2.3M
$0.79 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $4.0M · Total revenue $166.6M
2%
Government reliance
Government grants $1.5M · Total revenue $166.6M
0.9%
Earned-income share
Program service revenue $153.8M · Total revenue $166.6M
92%
Investment reliance
Investment income $6.1M · Total revenue $166.6M
+4%
Program self-sufficiency
Program service revenue $153.8M · Total expenses $183.1M
84%
Growth & trend
Revenue growth (YoY)
This year $166.6M · Prior year $170.8M
-2%
Revenue CAGR
FY2019 $161.3M · FY2024 $166.6M
+0.6%
Net-asset trend (YoY)
End of year $157.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $166.6M · Expenses $183.1M
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $284.0M
Net-asset ratio
Net assets $157.8M · Total assets $284.0M
56%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $31.4M · Other securities (Pt X, ln 12) $10.2M · Total assets (Pt X, ln 16) $284.0M
15%
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Stroble · Reported title Chancellor - End 06/30/2024 · Highest reported compensation $700K · Total expenses $183.1M
0.4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $73.2M · Total expenses $183.1M
40%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $38K · Gross raised $137K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 14%
Fundraising cost ratio 38%
Revenue growth -2%
Investment management fee ratio 0.1%
Legal fee ratio 1%
Accounting fee ratio 0.4%
Fundraising fee ratio 0.02%

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.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$203K
Grants paid · 35 grants · $154.3M · 2019–2024
Unitemized GrantFY2024$46,359,052
Unitemized GrantFY2023$40,118,406
St Louis American FoundationMO · FY2023$15,200
Unitemized GrantFY2022$32,882,118
St Louis American FoundationMO · FY2022$10,000
St Louis Business Journal CorpFY2021$12,500
St Louis American FoundationMO · FY2020$10,000
See all 35 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$166.6M revenue · viewing · ⤓ 990 PDF
FY2024$170.8M revenue · ⤓ 990 PDF
FY2023$126.9M revenue · ⤓ 990 PDF
FY2022$150.2M revenue · ⤓ 990 PDF
FY2021$155.9M revenue · ⤓ 990 PDF
FY2020$161.3M revenue · ⤓ 990 PDF

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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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