State University of Iowa Foundation
PO Box 4550, Iowa City, IA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $202,489,213 | $211,635,173 | $2,157,564,434 |
| FY2024 | $167,554,150 | $210,154,022 | $2,027,376,730 |
| FY2023 | $166,983,554 | $193,954,817 | $1,888,459,228 |
| FY2022 | $291,450,810 | $156,781,998 | $1,859,655,530 |
| FY2021 | $132,809,685 | $131,529,480 | $1,737,185,802 |
| FY2020 | $179,293,850 | $163,225,916 | $1,416,972,898 |
| FY2019 | $167,778,609 | $165,286,838 | $1,476,737,498 |
| FY2018 | $155,428,680 | $147,235,220 | $1,431,935,383 |
| FY2017 | $181,639,162 | $161,224,588 | $1,329,190,322 |
| FY2016 | $160,457,686 | $124,057,599 | $1,220,221,663 |
| FY2015 | $131,266,299 | $119,939,617 | $1,190,068,145 |
| FY2014 | $129,355,382 | $115,179,586 | $1,153,409,851 |
| FY2013 | $105,563,521 | $108,051,099 | $1,035,843,992 |
| FY2012 | $79,312,064 | $113,922,455 | $956,886,938 |
Form 990 filings
The returns filed by State University of Iowa Foundation (EIN 42-0796760), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $178,682,936 | 88% |
| Program service revenue | $14,097,677 | 7% |
| Other revenue | $9,708,600 | 5% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $168,240,949 | 79% |
| Management & general | $15,410,478 | 7% |
| Fundraising | $27,983,746 | 13% |
What the numbers show
- Contributions & grants made up 88% of total revenue in FY2025.
- Program services accounted for 79% of functional expenses, management & general 7%, and fundraising 13%.
- 80% of functional expenses went to program services in FY2025. That is higher than 36.8% of 38 Education organizations in IA.
- Net assets covered about 122.3 months of expenses at the end of the reporting year. That puts it in the 73rd percentile among 635 Education organizations in IA.
- Total revenue was higher than 99.7% of 643 Education organizations in IA.
- Total revenue rose from $79,312,064 in FY2012 to $202,489,213 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2013, FY2023, FY2024, FY2025).
- The highest revenue on record here is $291,450,810 in FY2022.
- Net assets grew from $956,886,938 to $2,157,564,434 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO ADVANCE THE UNIVERSITY OF IOWA THROUGH ENGAGEMENT AND PHILANTHROPY.
IRS status
| Ruling year | 1957 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in IA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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