To provide the university with certain services and facilities which are an integral part of the educational program of the university.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$815K 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

FY2020 · 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
4 of 6
filings with a surplus
Average surplus $8.2M a year · 8% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$815K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $85.5M in investments, Pt X · Ln 11–13
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $331K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$87.3M
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 13 voting members
Worth a look: 5 of 13 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$72.2M
Spent
$73.4M
To programs
90%
Net assets
$121.8M
By yearFY2020–FY2025
Revenue
$72.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$72.2M
FY2021$66.5M
FY2022$93.9M
FY2023$111.2M
FY2024$125.0M
FY2025$130.7M
Expenses
$73.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$73.4M
FY2021$72.5M
FY2022$80.9M
FY2023$100.0M
FY2024$107.7M
FY2025$116.1M
Net assets
$121.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$121.8M
FY2021$130.2M
FY2022$129.8M
FY2023$143.8M
FY2024$166.5M
FY2025$188.9M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 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 Mar 1942.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $65.8M Management & general 10% · $7.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990; $815K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Assoc. Exec. Director, Business & Finance, Cpc, Cp
$149,591Pt VII · Sec A
Cpc Intermittent; Cpsu Head Coach
$148,529Pt VII · Sec A
Assoc. Exec. Director, Cpc
$147,127Pt VII · Sec A
Assoc. VP, Corporate Engagement & Industry
$144,177Pt VII · Sec A
Economic Development Director, Cie
$140,236Pt VII · Sec A
Director
$58,842Pt VII · Sec A
Director
$24,234Pt VII · Sec A
Director
$2,000Pt VII · Sec A

Karen Tillman’s $238K as Assoc. VP, Economic Development is at the 8th 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
Karen Tillman$237,579—————
James Dunning$233,822$208,941$191,896$183,036$188,865$144,177
Dan Banfield$223,266$207,177$174,930$166,598$164,251$149,591
Andrea Burns$196,269$184,232$178,013$175,770$183,931$147,127
Elizabeth Witt$189,270—————
Tiffany Kramlich—$170,487————
Jason Will Marchese———$149,329$158,553—
Judy Mahan——$158,413—$136,270$140,236

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

Programs and updates

Supports university students and faculty by operating campus dining services, an educational bookstore, and agricultural projects to enhance the educational experience.

Questions for Cal Poly Corporation

Tap to ask. Cal Poly Corporation sees how many people are interested.

Your first name shows with your question. Cal Poly Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $65.3M · in their own filed words · FY2019
01

Research Grants & Contracts

Externally sponsored projects administered by the corporation for benefit of the university.

$25.2Mprogram expense
02

Educational Bookstore

Provided books, learning materials and equipment for the university students and FACULTY/STAFF; campus dining services for university students and faculty; agriculture projects

$24.4Mprogram expense
03

Restricted and Designated Funds

Gifts and special activity accounts that are restricted or designated for support of university programs.

$15.8Mprogram 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$331K
Grants paid · 221 grants · $51.8M · 2019–2024
California Polytechnic State UniversityFY2024$2,250,649
Allan Hancock CollegeFY2024$697,163
California Polytechnic State UniversityFY2024$672,251
San Luis Obispo County Community College District DBA Cuesta Community ColFY2024$445,605
The Miriam HospitalRI · FY2024$326,563
Upper Salinas-Las Tablas Resource Conservation DistrictFY2024$305,098
Chico State EnterprisesCA · FY2024$246,593
Southern University and A&m CollegeFY2024$149,038
Virginia Polytechnic Institute and State UniversityFY2024$141,771
Regents of the University of California DavisFY2024$124,959
IgnitedCA · FY2024$106,586
Oregon Health & Science UniversityFY2024$73,444
Northwest Kern RcdFY2024$72,837
Resource Conservation District of Tehama CountyFY2024$69,114
See all 221 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$72.2M
Ln 12
Fees for servicesLn 2g$35.4M
Other incomeLn 4–11$22.5M
Gifts and grantsLn 1h$10.4M
Money outPt IX
$73.4M
Ln 25
Programscol B$65.8M
Managementcol C$7.6M
Owns and owesPt X
$121.8M
net assets · Ln 32
Cash and savingsLn 1–2$24.0M
Total assetsLn 16$209.0M
LiabilitiesLn 26$87.3M
PeoplePt VI, VII
19
listed · VII A
PaidVII A8
Voting boardVI 1a13
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.4M
Noncash giftsLn 1g$872K
Fundraising eventsLn 1c$153K
Fees for servicesLn 2g$35.4M
Investment incomeLn 3$4.0M
Other incomeLn 4–11$22.5M
Gains on assetsLn 7$1.0M
Total revenueLn 12$72.2M
Assets in detailPt X, end of year
CashLn 1$24K
SavingsLn 2$24.0M
Cash and savings togetherLn 1–2$24.0M
InvestmentsLn 11–13$85.5M
Land, buildings, equipmentLn 10c$75.8M
Other assetsLn 15$323K
Total assetsLn 16$209.0M
LiabilitiesLn 26$87.3M
Net assetsLn 32$121.8M
OperationsPt I, VI
EmployeesI 52,105
VolunteersI 6100
Fiscal year endsHeaderJune
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 FY20End FY20
Cash and savingsLn 1–2$43.0M$24.0M
InvestmentsLn 11–13$83.7M$85.5M
Land, buildings, equipmentLn 10c$61.6M$75.8M
Total assetsLn 16$209.9M$209.0M
LiabilitiesLn 26$84.6M$87.3M
Net assetsLn 32$125.3M$121.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$8.9M$8.9M
Grants and assistance to foreign recipientsLn 3$106K$106K
Pay of current officers, directors and key staffLn 5$319K$319K
Other salaries and wagesLn 7$27.0M$23.4M$3.6M
Pension plan contributionsLn 8$1.2M$879K$300K
Other employee benefitsLn 9$8.6M$7.2M$1.4M
Payroll taxesLn 10$1.9M$1.7M$266K
Legal feesLn 11b$78K$76K$2K
Accounting feesLn 11c$133K$4K$129K
Investment management feesLn 11f$143K$39K$104K
Other fees for servicesLn 11g$5.1M$5.0M$172K
Advertising and promotionLn 12$291K$290K$2K
Office expensesLn 13$221K$179K$42K
Information technologyLn 14$437K$171K$266K
RoyaltiesLn 15$363K$363K
OccupancyLn 16$2.0M$1.9M$74K
TravelLn 17$1.4M$1.4M$29K
Conferences, conventions and meetingsLn 19$9K$39$9K
InterestLn 20$1.0M$1.0M$1K
Depreciation, depletion and amortizationLn 22$1.5M$1.3M$165K
InsuranceLn 23$276K$184K$92K
Other expenses (24a–d)Ln 24$6.0M$5.9M$85K
All other expensesLn 24e$6.4M$5.8M$587K
Total functional expensesLn 25$73.4M$65.8M$7.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $130.7M$116.1M$14.6M$188.9M 990 PDF
FY2024 $125.0M$107.7M$17.3M$166.5M 990 PDF
FY2023 $111.2M$100.0M$11.2M$143.8M 990 PDF
FY2022 $93.9M$80.9M$13.0M$129.8M 990 PDF
FY2021 $66.5M$72.5M−$6.0M$130.2M 990 PDF
FY2020 Viewing $72.2M$73.4M−$1.2M$121.8M 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 O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $72,248,581 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,637,761$10,400,128
I-9 Program service revenuePrior year $39,881,649$35,362,209
I-10 Investment incomePrior year $9,947,315$3,965,793
I-11 Other revenuePrior year $27,365,848$22,520,451
I-12 Total revenuePrior year $89,832,573$72,248,581
I-13 Grants and similar amounts paidPrior year $8,010,879$9,026,762
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $39,295,370$39,030,346
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $29,416,259$25,378,424
I-18 Total expensesPrior year $76,722,508$73,435,532
I-19 Revenue less expensesPrior year $13,110,065−$1,186,951
Part VI · Governance 5 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members5
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 $72,248,581 across 11 lines filed
Lines not itemized here account for $22,603,672 of total revenue; see the IRS return.
VIII-1c Fundraising events$153,120
VIII-1d Related organizations$2,756,771
VIII-1f All other contributions, gifts and grants$7,490,237
VIII-1g Noncash contributions (included above)$872,250
VIII-1h Total contributions, gifts and grants$10,400,128
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $35,174,991 · Unrelated business $187,218$35,362,209
VIII-3 Investment incomeExcluded from tax $2,923,474$2,923,474
VIII-6 Net rental income or lossRelated to mission $73,297 · Unrelated business −$122,895 · Excluded from tax −$119,982−$169,580
VIII-7 Net gain or loss on sales of assetsRelated to mission −$51,550 · Excluded from tax $1,093,869$1,042,319
VIII-8 Net income from fundraising eventsExcluded from tax $86,359$86,359
VIII-12 Total revenueRelated to mission $57,789,437 · Unrelated business $75,296 · Excluded from tax $3,983,720$72,248,581
Part IX · Statement of functional expenses $73,435,532 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $8,920,639$8,920,639
IX-3 Grants and assistance to foreign recipientsPrograms $106,123$106,123
IX-5 Pay of current officers, directors and key staffManagement $319,470$319,470
IX-7 Other salaries and wagesPrograms $23,438,206 · Management $3,558,404$26,996,610
IX-8 Pension plan contributionsPrograms $878,791 · Management $299,621$1,178,412
IX-9 Other employee benefitsPrograms $7,202,646 · Management $1,411,189$8,613,835
IX-10 Payroll taxesPrograms $1,655,809 · Management $266,210$1,922,019
IX-11b Legal feesPrograms $75,936 · Management $1,995$77,931
IX-11c Accounting feesPrograms $3,675 · Management $129,448$133,123
IX-11f Investment management feesPrograms $38,872 · Management $104,358$143,230
IX-11g Other fees for servicesPrograms $4,950,095 · Management $172,120$5,122,215
IX-12 Advertising and promotionPrograms $289,728 · Management $1,517$291,245
IX-13 Office expensesPrograms $179,280 · Management $41,874$221,154
IX-14 Information technologyPrograms $170,972 · Management $266,276$437,248
IX-15 RoyaltiesPrograms $362,961$362,961
IX-16 OccupancyPrograms $1,897,494 · Management $73,501$1,970,995
IX-17 TravelPrograms $1,377,955 · Management $28,657$1,406,612
IX-19 Conferences, conventions and meetingsPrograms $39 · Management $8,889$8,928
IX-20 InterestPrograms $1,044,548 · Management $1,420$1,045,968
IX-22 Depreciation, depletion and amortizationPrograms $1,300,062 · Management $164,728$1,464,790
IX-23 InsurancePrograms $184,394 · Management $91,785$276,179
IX-24 Other expenses (24a–d)Programs $5,902,335 · Management $85,046$5,987,381
IX-24e All other expensesPrograms $5,841,871 · Management $586,593$6,428,464
IX-25 Total functional expensesPrograms $65,822,431 · Management $7,613,101 · Fundraising $0$73,435,532
Part X · Balance sheet $209,034,925 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $47,794$24,004
X-2 Savings and temporary cash investmentsStart of year $42,952,565$23,994,170
X-3 Pledges and grants receivableStart of year $17,551,066$19,381,112
X-4 Accounts receivableStart of year $2,161,605$2,062,544
X-8 Inventories for sale or useStart of year $1,071,155$1,373,564
X-9 Prepaid expenses and deferred chargesStart of year $475,355$580,100
X-10c Land, buildings and equipment, netStart of year $61,597,875$75,808,437
X-11 Publicly traded securitiesStart of year $83,743,579$85,483,771
X-12 Other securitiesStart of year $4,223$4,223
X-15 Other assetsStart of year $323,000$323,000
X-16 Total assetsStart of year $209,928,217$209,034,925
X-17 Accounts payable and accrued expensesStart of year $5,082,904$6,791,159
X-19 Deferred revenueStart of year $10,167,663$9,516,587
X-25 Other liabilitiesStart of year $35,355,975$37,646,907
X-26 Total liabilitiesStart of year $84,590,967$87,255,597
X-32 Total net assets or fund balancesStart of year $125,337,250$121,779,328
X-33 Total liabilities and net assetsStart of year $209,928,217$209,034,925
Part XI · Reconciliation of net assets $121,779,328 net assets at year end
XI-1 Total revenue$72,248,581
XI-2 Total expenses$73,435,532
XI-3 Revenue less expenses−$1,186,951
XI-4 Net assets at start of year$125,337,250
XI-5 Net unrealized gains (losses) on investments−$2,447,443
XI-9 Other changes in net assets$76,472
XI-10 Net assets at end of year$121,779,328

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

Similar organizations you could support · Compare with another nonprofit

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

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.