Baylor University: FY2020 Nonprofit Profile & Form 990 (EIN 74-1159753)

Scott Drew’s $6.7M as Head Men's Basketball Coac is at the 100th percentile of top reported officer pay among 146 <$100K 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

Name	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Scott Drew	$6,708,797	$5,361,887	$5,327,972	$5,087,221	$3,653,586	$3,462,040
Dave Aranda	$4,299,627	$4,644,744	$4,485,934	$2,770,649	$3,751,561	—
Matthew Rhule	—	—	—	—	—	$4,093,370
Mack Rhoades	$3,136,773	$3,041,745	—	—	—	—
Kim Mulkey	—	—	—	$1,200,064	$2,659,526	$2,997,866
Mack Rhoades IV	—	—	$2,807,733	$2,524,874	$2,427,334	$2,122,433
Linda Livingstone	$2,579,024	$1,695,771	$1,602,403	$1,319,161	$982,945	$1,261,304
Jeff Grimes	—	$1,833,638	$1,455,368	$810,352	—	—

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 Baylor University executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aYes
Loans to or from officersSch L · Pt II1 listed

Programs and updates

Educates students for global leadership and service by integrating academic excellence and Christian commitment through comprehensive instruction, research, and support services.

Questions for Baylor University

Tap to ask. Baylor University sees how many people are interested.

Your first name shows with your question. Baylor University answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $932.3M · in their own filed words · FY2019

01

Baylor University stands as one of the premier institutions of higher education in the world. Chartered in 1845 by the Republic of Texas and affiliated with the Baptist General Convention of Texas, the University is the oldest continuously operating institution of higher learning in the State of Texas.

$646.8Mprogram expense

02

Baylor university's student services and activities contribute to students' spiritual, social and physical well-being. Student services and activities include areas such as career guidance, job placement upon graduation, enrollment management, student financial aid, student activities, student organizations, intramurals, health center…

$168.0Mprogram expense

03

Baylor university provides academic support services for the primary missions of instruction, as well as research and public service activities. Academic support services include areas such as libraries, technology support, museums and services that directly assist instructional activities.

$117.5Mprogram 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

Folds of Honor FoundationFY2025$176K

Hispanic Scholarship FundFY2025$172K

Serve Hope InternationalFY2025$100K

The Ayco Charitable FoundationFY2025$55K

Fb Kirchner Scholarship Fund #6886FY2025$27K

Hearts Linked INCFY2025$15K

F M and Gloria Young Family FoundationFY2025$10K

Woman's Missionary Union FoundationFY2025$8K

Total grants receivedfrom 16 funders$588K

See all 16 funders →

Grants paid · 381 grants · $2.5B · 2019–2024

Unitemized GrantFY2024$430,229,665

Unitemized GrantFY2024$2,451,898

Gallup INCFY2024$2,450,127

President and Fellows of Harvard CollegeMA · FY2024$561,109

Waco Entrepreneurial Ecosystem Collaborative INCTX · FY2024$550,000

UtsaFY2024$421,589

Center for Open Science INCVA · FY2024$333,284

Texas A&m Sponsored Research ServicesFY2024$321,216

Virginia TechFY2024$293,821

Unitemized GrantFY2024$286,433

Brazos Valley Public Broadcasting FoundationTX · FY2024$159,101

University of Texas at AustinFY2024$158,207

Colorado State UniversityFY2024$121,120

Wheaton CollegeIL · FY2024$120,974

Hampton UniversityVA · FY2024$107,003

Georgia Tech Research CorporationGA · FY2024$89,236

Texas A&m Sponsored Research ServicesFY2024$84,575

Trustees of Purdue UniversityIN · FY2024$82,340

See all 381 grants →

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$1.3B

Ln 12

Fees for servicesLn 2g$996.5M

Gifts and grantsLn 1h$167.8M

Investment incomeLn 3$79.9M

Money outPt IX

$1.1B

Ln 25

Programscol B$969.6M

Managementcol C$136.7M

Fundraisingcol D$18.5M

Owns and owesPt X

$2.1B

net assets · Ln 32

Cash and savingsLn 1–2$227.1M

Total assetsLn 16$3.0B

LiabilitiesLn 26$866.7M

PeoplePt VI, VII

70

listed · VII A

PaidVII A70

Voting boardVI 1a40

IndependentVI 1b30

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$167.8M

Government grantsLn 1e$15.3M

Noncash giftsLn 1g$8.1M

Fundraising eventsLn 1c$361K

Fees for servicesLn 2g$996.5M

Investment incomeLn 3$79.9M

Other incomeLn 4–11$8.5M

Gains on assetsLn 7$2.8M

Total revenueLn 12$1.3B

Assets in detailPt X, end of year

CashLn 1$673K

SavingsLn 2$226.5M

Cash and savings togetherLn 1–2$227.1M

InvestmentsLn 11–13$1.43B

Land, buildings, equipmentLn 10c$1.07B

Other assetsLn 15$0

Total assetsLn 16$3.0B

LiabilitiesLn 26$866.7M

Net assetsLn 32$2.1B

OperationsPt I, VI

EmployeesI 510,668

VolunteersI 62,500

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

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$192.8M	$227.1M
InvestmentsLn 11–13	$1.38B	$1.43B
Land, buildings, equipmentLn 10c	$1.11B	$1.07B
Total assetsLn 16	$2.80B	$2.97B
LiabilitiesLn 26	$840.0M	$866.7M
Net assetsLn 32	$1.96B	$2.11B

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$782K	$782K
Grants to domestic individualsLn 2	$340.7M	$340.7M
Grants and assistance to foreign recipientsLn 3	$409K	$409K
Benefits paid to or for membersLn 4	$0	$0
Pay of current officers, directors and key staffLn 5	$9.5M	$1.2M	$6.4M	$1.9M
Pay of disqualified personsLn 6	$716K	$653K	$63K
Other salaries and wagesLn 7	$333.5M	$293.3M	$30.9M	$9.2M
Pension plan contributionsLn 8	$29.3M	$24.3M	$4.0M	$1.1M
Other employee benefitsLn 9	$41.3M	$33.3M	$6.3M	$1.7M
Payroll taxesLn 10	$19.6M	$16.2M	$2.7M	$679K
Management feesLn 11a	$1.9M	$922K	$207K	$745K
Legal feesLn 11b	$6.4M		$6.4M
Accounting feesLn 11c	$320K		$320K
Lobbying feesLn 11d	$351K		$351K
Professional fundraising feesLn 11e	$484K			$484K
Investment management feesLn 11f	$5.9M		$5.9M
Other fees for servicesLn 11g	$74.8M	$43.0M	$31.8M	$0
Advertising and promotionLn 12	$2.8M	$2.1M	$745K	$1K
Office expensesLn 13	$26.2M	$22.1M	$3.2M	$913K
Information technologyLn 14	$20.5M	$8.0M	$12.4M	$112K
RoyaltiesLn 15	$285K	$285K
OccupancyLn 16	$32.8M	$22.9M	$9.8M	$134K
TravelLn 17	$29.7M	$26.7M	$2.5M	$502K
Conferences, conventions and meetingsLn 19	$10.2M	$8.8M	$224K	$1.1M
InterestLn 20	$24.3M	$23.4M	$942K
Depreciation, depletion and amortizationLn 22	$59.4M	$56.5M	$2.9M
Other expenses (24a–d)Ln 24	$45.1M	$38.7M	$6.4M
All other expensesLn 24e	$7.7M	$5.4M	$2.3M	$0
Total functional expensesLn 25	$1.12B	$969.6M	$136.7M	$18.5M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$1.6B	$1.5B	$54.6M	$3.2B	990 PDF
FY2024	$1.5B	$1.4B	$52.1M	$3.2B	990 PDF
FY2023	$1.5B	$1.3B	$167.1M	$3.0B	990 PDF
FY2022	$1.4B	$1.2B	$165.2M	$2.9B	990 PDF
FY2021	$1.4B	$1.2B	$115.8M	$2.6B	990 PDF
FY2020 Viewing	$1.3B	$1.1B	$127.8M	$2.1B	990 PDF

More to add? Claim this org

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 FY2020 990 (6 parts)

Part I · Summary $1,252,666,839 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $92,597,691$167,770,978

I-9 Program service revenuePrior year $911,661,928$996,545,455

I-10 Investment incomePrior year $79,921,562$79,888,953

I-11 Other revenuePrior year $6,366,250$8,461,453

I-12 Total revenuePrior year $1,090,547,431$1,252,666,839

I-13 Grants and similar amounts paidPrior year $335,190,298$341,920,988

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $408,165,951$433,877,254

I-16a Professional fundraising feesPrior year $496,388$484,093

I-17 Other expensesPrior year $307,716,459$348,548,269

I-18 Total expensesPrior year $1,051,569,096$1,124,830,604

I-19 Revenue less expensesPrior year $38,978,335$127,836,235

Part VI · Governance 30 of 40 board members independent, 1 to look at

VI-1a Voting members of the governing body40

VI-1b Independent voting members30

VI-2 Family or business relationship among officers or directorsYes

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 $1,252,666,839 across 14 lines filed

Lines not itemized here account for $8,876,542 of total revenue; see the IRS return.

VIII-1b Membership dues$8,782,850

VIII-1c Fundraising events$361,185

VIII-1d Related organizations$280,000

VIII-1e Government grants$15,305,369

VIII-1f All other contributions, gifts and grants$143,041,574

VIII-1g Noncash contributions (included above)$8,114,656

VIII-1h Total contributions, gifts and grants$167,770,978

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $985,843,671 · Unrelated business $749,982 · Excluded from tax $1,075,260$987,668,913

VIII-3 Investment incomeUnrelated business −$6,239,449 · Excluded from tax $83,305,340$77,065,891

VIII-5 RoyaltiesUnrelated business $10,080 · Excluded from tax $7,614,746$7,624,826

VIII-6 Net rental income or lossExcluded from tax $803,918$803,918

VIII-7 Net gain or loss on sales of assetsUnrelated business $1,986,107 · Excluded from tax $836,955$2,823,062

VIII-8 Net income from fundraising eventsExcluded from tax $32,709$32,709

VIII-12 Total revenueRelated to mission $993,969,550 · Unrelated business −$2,870,147 · Excluded from tax $93,796,458$1,252,666,839

Part IX · Statement of functional expenses $1,124,830,604 across 28 lines filed

IX-1 Grants to domestic organizationsPrograms $781,867$781,867

IX-2 Grants to domestic individualsPrograms $340,730,321$340,730,321

IX-3 Grants and assistance to foreign recipientsPrograms $408,800$408,800

IX-4 Benefits paid to or for membersPrograms $0$0

IX-5 Pay of current officers, directors and key staffPrograms $1,233,893 · Management $6,386,348 · Fundraising $1,878,904$9,499,145

IX-6 Pay of disqualified personsPrograms $652,620 · Management $63,249$715,869

IX-7 Other salaries and wagesPrograms $293,347,245 · Management $30,901,852 · Fundraising $9,246,654$333,495,751

IX-8 Pension plan contributionsPrograms $24,304,139 · Management $3,967,050 · Fundraising $1,056,081$29,327,270

IX-9 Other employee benefitsPrograms $33,251,483 · Management $6,347,323 · Fundraising $1,654,416$41,253,222

IX-10 Payroll taxesPrograms $16,242,647 · Management $2,664,006 · Fundraising $679,344$19,585,997

IX-11a Management feesPrograms $921,972 · Management $207,375 · Fundraising $744,548$1,873,895

IX-11b Legal feesManagement $6,404,547$6,404,547

IX-11c Accounting feesManagement $319,807$319,807

IX-11d Lobbying feesManagement $351,453$351,453

IX-11e Professional fundraising feesFundraising $484,093$484,093

IX-11f Investment management feesManagement $5,857,777$5,857,777

IX-11g Other fees for servicesPrograms $42,985,524 · Management $31,813,984 · Fundraising $0$74,799,508

IX-12 Advertising and promotionPrograms $2,057,623 · Management $744,703 · Fundraising $1,330$2,803,656

IX-13 Office expensesPrograms $22,050,463 · Management $3,216,435 · Fundraising $912,832$26,179,730

IX-14 Information technologyPrograms $8,009,462 · Management $12,350,781 · Fundraising $112,177$20,472,420

IX-15 RoyaltiesPrograms $285,450$285,450

IX-16 OccupancyPrograms $22,850,505 · Management $9,795,036 · Fundraising $133,680$32,779,221

IX-17 TravelPrograms $26,681,116 · Management $2,495,884 · Fundraising $502,232$29,679,232

IX-19 Conferences, conventions and meetingsPrograms $8,814,290 · Management $224,337 · Fundraising $1,128,952$10,167,579

IX-20 InterestPrograms $23,397,707 · Management $942,414$24,340,121

IX-22 Depreciation, depletion and amortizationPrograms $56,525,322 · Management $2,866,733$59,392,055

IX-24 Other expenses (24a–d)Programs $38,662,324 · Management $6,432,422$45,094,746

IX-24e All other expensesPrograms $5,436,763 · Management $2,310,309 · Fundraising $0$7,747,072

IX-25 Total functional expensesPrograms $969,631,536 · Management $136,663,825 · Fundraising $18,535,243$1,124,830,604

Part X · Balance sheet $2,973,348,420 assets, 22 lines filed

Asset lines not itemized here account for $494,521; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $1,626,954$672,867

X-2 Savings and temporary cash investmentsStart of year $191,209,854$226,459,409

X-3 Pledges and grants receivableStart of year $54,471,847$125,701,508

X-4 Accounts receivableStart of year $51,380,126$77,296,190

X-8 Inventories for sale or useStart of year $578,367$656,075

X-9 Prepaid expenses and deferred chargesStart of year $17,009,653$36,364,756

X-10c Land, buildings and equipment, netStart of year $1,112,270,780$1,072,471,996

X-11 Publicly traded securitiesStart of year $9,397,066$10,875,600

X-12 Other securitiesStart of year $1,357,115,402$1,414,789,333

X-13 Program-related investmentsStart of year $8,631,801$7,566,165

X-15 Other assetsStart of year $0$0

X-16 Total assetsStart of year $2,804,338,187$2,973,348,420

X-17 Accounts payable and accrued expensesStart of year $56,099,376$74,339,390

X-19 Deferred revenueStart of year $123,441,013$129,039,771

X-20 Tax-exempt bond liabilitiesStart of year $258,492,652$249,884,531

X-24 Unsecured notes and loans payableStart of year $15,724,424$15,426,763

X-25 Other liabilitiesStart of year $383,098,188$395,274,281

X-26 Total liabilitiesStart of year $840,049,992$866,668,901

X-27 Net assets without donor restrictionsStart of year $799,655,430$815,978,675

X-28 Net assets with donor restrictionsStart of year $1,164,632,765$1,290,700,844

X-32 Total net assets or fund balancesStart of year $1,964,288,195$2,106,679,519

X-33 Total liabilities and net assetsStart of year $2,804,338,187$2,973,348,420

Part XI · Reconciliation of net assets $2,106,679,519 net assets at year end

XI-1 Total revenue$1,252,666,839

XI-2 Total expenses$1,124,830,604

XI-3 Revenue less expenses$127,836,235

XI-4 Net assets at start of year$1,964,288,195

XI-5 Net unrealized gains (losses) on investments$16,464,276

XI-9 Other changes in net assets−$1,909,187

XI-10 Net assets at end of year$2,106,679,519

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Baylor University FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid