Marymount University FY2023 filing

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Marymount is a nationally ranked comprehensive catholic University, guided by the traditions of the religious of the sacred heart of mary, that emphasizes intellectual curiosity, service to others, and a global perspective. A Marymount education promotes career preparation, and provides opportunities for personal and professional growth. A student-centered learning community that values diversity and focuses on the education othe whole person, Marymount guides the intellectual, ethical, and spiritual development of each individual.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$4.6M 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

FY2023 · 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
2 of 6
filings with a surplus
Average deficit $2.7M a year · 2% of revenue · last 6 filings
Concern: a surplus in 2 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
$4.6M
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
2 mo
of spending, in cash
Plus $32.0M in investments, Pt X · Ln 11–13
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
24
named funders · $9.9M
Looks good: 24 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$164.0M
64% of total assets
Fine: liabilities are 64% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
32
of 33 voting members
Looks good: 32 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$121.8M
-3% vs prior year
Spent
$131.9M
To programs
86%
Net assets
$93.6M
By yearFY2020–FY2025
Revenue
$121.8M
FY2023▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$119.3M
FY2021$118.6M
FY2022$125.2M
FY2023$121.8M
FY2024$127.5M
FY2025$134.6M
Expenses
$131.9M
FY2023▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$117.7M
FY2021$113.6M
FY2022$127.2M
FY2023$131.9M
FY2024$134.7M
FY2025$138.3M
Net assets
$93.6M
FY2023▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$103.3M
FY2021$115.4M
FY2022$104.8M
FY2023$93.6M
FY2024$88.0M
FY2025$85.4M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Dec 1961.

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% · $113.5M Management & general 13% · $16.9M Fundraising 1% · $1.4M

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

82 people listed on the 990; $4.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$407,030Pt VII · Sec A
$407,030Pt VII · Sec A
Provost and Senior Vice President
$296,812Pt VII · Sec A
Provost and Senior Vice President
$296,812Pt VII · Sec A
$262,091Pt VII · Sec A
$262,091Pt VII · Sec A
Vice President and Treasurer
$259,105Pt VII · Sec A
Vice President and Treasurer
$259,105Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Irma Becerra-Fernandez$514,083$504,448$407,030$609,349—$412,404
Dr Irma Becerra————$405,680—
Dr Hesham El-Rewini$335,019$317,445$296,812$314,636——
Hesham El-Rewini————$316,447$150,711
Barry Harte$309,837$295,643$259,105$279,071$7,214—
Alphonso V Diaz————$298,796$270,089
Pamela Slaven Lee$292,291—————
William Bissett————$291,099—

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.

See Marymount University executive salaries →

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 comprehensive undergraduate and graduate degree programs, student housing, and outreach services as an independent Catholic university in Virginia.

Questions for Marymount University

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4 programs · $188.5M · in their own filed words · FY2022
01

The university offers a wide range of graduate and undergraduate degree programs to approximately 3,711 students. Expenses indclude salaries and benefits for all faculty and staff.

$66.1Mprogram expense
02

The university offers a wide range of graduate and undergraduate degree programs to approximately 3,711 students. Expenses indclude salaries and benefits for all faculty and staff.

$66.1Mprogram expense
03

Scholarship Allowances

Provide opportunities for those who would not be able to complete their college education without financial assistance.

$28.2Mprogram expense
04

Scholarship Allowances

Provide opportunities for those who would not be able to complete their college education without financial assistance.

$28.2Mprogram 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 · FY2024
See all 24 funders →
Grants paid · 12 grants · $224.8M · 2019–2024
Unitemized GrantFY2024$35,210,644
Unitemized GrantFY2023$31,369,353
Unitemized GrantFY2022$28,167,636
Unitemized GrantFY2022$28,167,636
Unitemized GrantFY2021$26,872,888
Unitemized GrantFY2021$919,617
Unitemized GrantFY2020$24,072,110
Unitemized GrantFY2020$1,086,649
Unitemized GrantFY2019$23,173,225
Unitemized GrantFY2019$23,173,225
Unitemized GrantFY2019$1,302,526
Unitemized GrantFY2019$1,302,526

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $43.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$36.0M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.9M
Stem Education (formerly Education and Human Resources)National Science Foundation · ALN 47.076 · Direct$943K
Higher Education Institutional AidDepartment of Education · ALN 84.031 · Direct$423K
Federal Perkins Loan Program_federal Capital ContributionsDepartment of Education · ALN 84.038 · Direct$344K

Plus 11 smaller programs.

The auditor reported 15 findings: a weakness in money controls, questioned costs.

Year ending Jun 2024 · $42.6M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$36.1M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.0M
Stem Education (formerly Education and Human Resources)National Science Foundation · ALN 47.076 · Direct$1.2M
Higher Education Institutional AidDepartment of Education · ALN 84.031 · Direct$430K
Federal Perkins Loan Program_federal Capital ContributionsDepartment of Education · ALN 84.038 · Direct$382K

Plus 10 smaller programs.

The auditor reported 20 findings: a weakness in money controls.

Year ending Jun 2023 · $39.4M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$35.0M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.7M
Education and Human ResourcesNational Science Foundation · ALN 47.076 · Direct$490K
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$414K
Mental and Behavioral Health Education and Training GrantsDepartment of Health and Human Services · ALN 93.732 · Direct$308K

Plus 7 smaller programs.

The auditor reported 16 findings: a material weakness in money controls, questioned costs.

Year ending Jun 2022 · $42.7M federal money spent
Federal Direct Loan ProgramDepartment of Education · ALN 84.268 · Direct$33.1M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$6.7M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.5M
Federal Work Study ProgramDepartment of Education · ALN 84.033 · Direct$197K
Federal Supplemental Educational Opportunity Grant ProgramDepartment of Education · ALN 84.007 · Direct$139K

Plus 1 smaller program.

The auditor reported 3 findings: a weakness in money controls.

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$121.8M
Ln 12
Fees for servicesLn 2g$107.9M
Gifts and grantsLn 1h$13.0M
Other incomeLn 4–11$898K
Money outPt IX
$131.9M
Ln 25
Programscol B$113.5M
Managementcol C$16.9M
Fundraisingcol D$1.4M
Owns and owesPt X
$93.6M
net assets · Ln 32
Cash and savingsLn 1–2$18.6M
Total assetsLn 16$257.6M
LiabilitiesLn 26$164.0M
PeoplePt VI, VII
82
listed · VII A
PaidVII A18
Voting boardVI 1a33
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$13.0M
Government grantsLn 1e$7.9M
Fees for servicesLn 2g$107.9M
Other incomeLn 4–11$898K
Total revenueLn 12$121.8M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$18.6M
Total assetsLn 16$257.6M
LiabilitiesLn 26$164.0M
Net assetsLn 32$93.6M
OperationsPt I, VI
EmployeesI 51,488
VolunteersI 627
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $134.6M$138.3M−$3.7M$85.4M 990 PDF
FY2024Filed with the IRS May 9, 2025 $127.5M$134.7M−$7.2M$88.0M 990 PDF
FY2023 ViewingFiled with the IRS May 13, 2024 $121.8M$131.9M−$10.1M$93.6M 990 PDF
FY2022Filed with the IRS May 15, 2023 $125.2M$127.2M−$1.9M$104.8M 990 PDF
FY2021Filed with the IRS Nov 12, 2021 $118.6M$113.6M$5.0M$115.4M 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $119.3M$117.7M$1.6M$103.3M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support J · Pay O · Explanations
See the full FY2023 990 (1 part)
Part VI · Governance 32 of 33 board members independent, no flags
VI-1a Voting members of the governing body33
VI-1b Independent voting members32
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

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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