Webster University, a worldwide institution, ensures high quality learning experiences that transform students for global citizenship and individual excellence.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 200 volunteers and 3,248 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
0 of 6
filings with a surplus
Average deficit $19.1M a year · 12% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.2M
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 $41.6M in investments, Pt X · Ln 11–13
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $212K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$126.2M
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 22 voting members
Looks good: 18 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$166.6M
-2% vs prior year
Spent
$183.1M
To programs
85%
Net assets
$157.8M
By yearFY2020–FY2025
Revenue
$166.6M
FY2025▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$161.3M
FY2021$155.9M
FY2022$150.2M
FY2023$126.9M
FY2024$170.8M
FY2025$166.6M
Expenses
$183.1M
FY2025▼ -0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$178.4M
FY2021$171.8M
FY2022$162.6M
FY2023$166.2M
FY2024$184.0M
FY2025$183.1M
Net assets
$157.8M
FY2025▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$276.5M
FY2021$278.3M
FY2022$241.9M
FY2023$193.8M
FY2024$174.9M
FY2025$157.8M

From the FY2025 Form 990 (year ending May 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1970.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $155.1M Management & general 14% · $26.5M Fundraising 1% · $1.5M

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

30 people listed on the 990; $3.2M paid to officers and key staff.

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$700,162$729,100$804,396——$677,010
Schuster Julian———$704,273$638,181—
Julian Schuster$557,652$610,929$659,237——$535,280
Timothy Keane$239,391—————
Nancy Hellerud$230,464$215,377$210,354——$198,800
Lisa Blazer$226,765$221,612$190,442———
Polgar Zsuzsanna————$218,929—

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides high-quality global education through a worldwide network of campuses and online programs to prepare students for global citizenship and individual excellence.

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Provided by the organization

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1 program · $155.1M · in their 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

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 2 funders$212K
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 →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$166.6M
Ln 12
Fees for servicesLn 2g$153.8M
Investment incomeLn 3$6.1M
Gifts and grantsLn 1h$4.0M
Money outPt IX
$183.1M
Ln 25
Programscol B$155.1M
Managementcol C$26.5M
Fundraisingcol D$1.5M
Owns and owesPt X
$157.8M
net assets · Ln 32
Cash and savingsLn 1–2$31.8M
Total assetsLn 16$284.0M
LiabilitiesLn 26$126.2M
PeoplePt VI, VII
30
listed · VII A
PaidVII A12
Voting boardVI 1a22
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Government grantsLn 1e$1.5M
Noncash giftsLn 1g$30K
Fundraising eventsLn 1c$13K
Fees for servicesLn 2g$153.8M
Investment incomeLn 3$6.1M
Other incomeLn 4–11$2.6M
Gains on assetsLn 7$2.5M
Total revenueLn 12$166.6M
Assets in detailPt X, end of year
CashLn 1$6.4M
SavingsLn 2$25.4M
Cash and savings togetherLn 1–2$31.8M
InvestmentsLn 11–13$41.6M
Land, buildings, equipmentLn 10c$144.5M
Other assetsLn 15$29.4M
Total assetsLn 16$284.0M
LiabilitiesLn 26$126.2M
Net assetsLn 32$157.8M
OperationsPt I, VI
EmployeesI 53,248
VolunteersI 6200
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$34.6M$31.8M
InvestmentsLn 11–13$41.9M$41.6M
Land, buildings, equipmentLn 10c$151.7M$144.5M
Total assetsLn 16$303.1M$284.0M
LiabilitiesLn 26$128.2M$126.2M
Net assetsLn 32$174.9M$157.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$36K$36K
Grants to domestic individualsLn 2$46.4M$46.4M
Grants and assistance to foreign recipientsLn 3$12K$12K
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$2.0M$129K$1.5M$320K
Pay of disqualified personsLn 6$4K$4K
Other salaries and wagesLn 7$57.6M$52.3M$4.8M$496K
Pension plan contributionsLn 8$1.6M$1.2M$374K$27K
Other employee benefitsLn 9$7.7M$6.1M$1.4M$144K
Payroll taxesLn 10$4.4M$3.7M$606K$59K
Legal feesLn 11b$1.9M$29K$1.9M
Accounting feesLn 11c$658K$658K
Professional fundraising feesLn 11e$38K$38K
Investment management feesLn 11f$338K$338K
Other fees for servicesLn 11g$19.1M$15.9M$3.2M$35K
Advertising and promotionLn 12$1.8M$584K$1.2M
Office expensesLn 13$5.2M$4.6M$616K$56K
Information technologyLn 14$6.4M$4.2M$2.1M$79K
OccupancyLn 16$5.6M$5.0M$554K$27K
TravelLn 17$1.5M$1.4M$95K$124
Conferences, conventions and meetingsLn 19$843K$724K$78K$42K
InterestLn 20$4.8M$3.5M$1.2M$65K
Depreciation, depletion and amortizationLn 22$9.4M$6.8M$2.4M$128K
InsuranceLn 23$2.2M$88K$2.2M
Other expenses (24a–d)Ln 24$1.2M$387K$776K$724
All other expensesLn 24e$2.6M$2.1M$475K$2K
Total functional expensesLn 25$183.1M$155.1M$26.5M$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $166.6M$183.1M−$16.5M$157.8M 990 PDF
FY2024 $170.8M$184.0M−$13.3M$174.9M 990 PDF
FY2023 $126.9M$166.2M−$39.3M$193.8M 990 PDF
FY2022 $150.2M$162.6M−$12.5M$241.9M 990 PDF
FY2021 $155.9M$171.8M−$15.9M$278.3M 990 PDF
FY2020 $161.3M$178.4M−$17.0M$276.5M 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 FY2025 990 (6 parts)
Part I · Summary $166,552,505 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,264,829$4,007,758
I-9 Program service revenuePrior year $146,050,146$153,811,706
I-10 Investment incomePrior year $17,880,432$6,092,593
I-11 Other revenuePrior year $2,559,902$2,640,448
I-12 Total revenuePrior year $170,755,309$166,552,505
I-13 Grants and similar amounts paidPrior year $40,233,981$46,406,377
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $74,071,547$73,216,891
I-16a Professional fundraising feesPrior year $83,060$38,178
I-17 Other expensesPrior year $69,654,635$63,435,876
I-18 Total expensesPrior year $184,043,223$183,097,322
I-19 Revenue less expensesPrior year −$13,287,914−$16,544,817
Part VI · Governance 18 of 22 board members independent, no flags
VI-1a Voting members of the governing body22
VI-1b Independent voting members18
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 $166,552,505 across 12 lines filed
VIII-1c Fundraising events$12,790
VIII-1e Government grants$1,482,456
VIII-1f All other contributions, gifts and grants$2,512,512
VIII-1g Noncash contributions (included above)$29,725
VIII-1h Total contributions, gifts and grants$4,007,758
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $153,811,706$153,811,706
VIII-3 Investment incomeExcluded from tax $3,561,736$3,561,736
VIII-6 Net rental income or lossExcluded from tax $1,566,664$1,566,664
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,530,857$2,530,857
VIII-8 Net income from fundraising eventsExcluded from tax $1,742$1,742
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $212,094 · Excluded from tax $859,948$1,072,042
VIII-12 Total revenueRelated to mission $154,023,800 · Unrelated business $0 · Excluded from tax $8,520,947$166,552,505
Part IX · Statement of functional expenses $183,097,322 across 26 lines filed
IX-1 Grants to domestic organizationsPrograms $35,500$35,500
IX-2 Grants to domestic individualsPrograms $46,359,052$46,359,052
IX-3 Grants and assistance to foreign recipientsPrograms $11,825$11,825
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $128,637 · Management $1,505,766 · Fundraising $320,114$1,954,517
IX-6 Pay of disqualified personsPrograms $3,661$3,661
IX-7 Other salaries and wagesPrograms $52,273,429 · Management $4,847,667 · Fundraising $495,867$57,616,963
IX-8 Pension plan contributionsPrograms $1,176,314 · Management $374,010 · Fundraising $26,627$1,576,951
IX-9 Other employee benefitsPrograms $6,079,368 · Management $1,446,838 · Fundraising $144,220$7,670,426
IX-10 Payroll taxesPrograms $3,729,255 · Management $605,888 · Fundraising $59,230$4,394,373
IX-11b Legal feesPrograms $28,515 · Management $1,911,458$1,939,973
IX-11c Accounting feesManagement $657,742$657,742
IX-11e Professional fundraising feesFundraising $38,178$38,178
IX-11f Investment management feesManagement $338,020$338,020
IX-11g Other fees for servicesPrograms $15,911,502 · Management $3,176,058 · Fundraising $34,680$19,122,240
IX-12 Advertising and promotionPrograms $584,380 · Management $1,193,184$1,777,564
IX-13 Office expensesPrograms $4,568,606 · Management $615,848 · Fundraising $55,869$5,240,323
IX-14 Information technologyPrograms $4,230,661 · Management $2,074,693 · Fundraising $79,485$6,384,839
IX-16 OccupancyPrograms $4,969,684 · Management $554,264 · Fundraising $27,037$5,550,985
IX-17 TravelPrograms $1,373,678 · Management $94,537 · Fundraising $124$1,468,339
IX-19 Conferences, conventions and meetingsPrograms $723,560 · Management $77,618 · Fundraising $42,249$843,427
IX-20 InterestPrograms $3,480,345 · Management $1,225,377 · Fundraising $64,681$4,770,403
IX-22 Depreciation, depletion and amortizationPrograms $6,807,365 · Management $2,422,094 · Fundraising $127,929$9,357,388
IX-23 InsurancePrograms $88,279 · Management $2,154,061$2,242,340
IX-24 Other expenses (24a–d)Programs $386,531 · Management $776,103 · Fundraising $724$1,163,358
IX-24e All other expensesPrograms $2,101,874 · Management $475,061 · Fundraising $2,000$2,578,935
IX-25 Total functional expensesPrograms $155,052,021 · Management $26,526,287 · Fundraising $1,519,014$183,097,322
Part X · Balance sheet $284,011,887 assets, 20 lines filed
Asset lines not itemized here account for $13,410,702; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $5,997,606$6,376,561
X-2 Savings and temporary cash investmentsStart of year $28,566,949$25,430,990
X-3 Pledges and grants receivableStart of year $2,681,836$2,447,408
X-4 Accounts receivableStart of year $22,516,426$18,578,959
X-9 Prepaid expenses and deferred chargesStart of year $2,243,415$2,379,753
X-10c Land, buildings and equipment, netStart of year $151,731,864$144,457,046
X-11 Publicly traded securitiesStart of year $29,631,398$31,393,625
X-12 Other securitiesStart of year $12,238,975$10,170,111
X-15 Other assetsStart of year $33,950,817$29,366,732
X-16 Total assetsStart of year $303,107,028$284,011,887
X-17 Accounts payable and accrued expensesStart of year $15,863,109$14,841,450
X-18 Grants payableStart of year $86,377$0
X-19 Deferred revenueStart of year $14,932,578$13,228,941
X-20 Tax-exempt bond liabilitiesStart of year $54,931,090$30,461,303
X-25 Other liabilitiesStart of year $5,628,020$6,565,925
X-26 Total liabilitiesStart of year $128,207,562$126,220,975
X-27 Net assets without donor restrictionsStart of year $163,973,809$146,780,248
X-28 Net assets with donor restrictionsStart of year $10,925,657$11,010,664
X-32 Total net assets or fund balancesStart of year $174,899,466$157,790,912
X-33 Total liabilities and net assetsStart of year $303,107,028$284,011,887
Part XI · Reconciliation of net assets $157,790,912 net assets at year end
XI-1 Total revenue$166,552,505
XI-2 Total expenses$183,097,322
XI-3 Revenue less expenses−$16,544,817
XI-4 Net assets at start of year$174,899,466
XI-5 Net unrealized gains (losses) on investments−$97,422
XI-9 Other changes in net assets−$466,315
XI-10 Net assets at end of year$157,790,912

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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