University of Mary
7500 University Dr, Bismarck, ND · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $111,552,517 | $98,529,836 | $206,768,966 |
| FY2024 | $127,054,830 | $100,606,541 | $190,147,972 |
| FY2023 | $95,710,757 | $89,664,411 | $159,463,901 |
| FY2022 | $103,801,276 | $84,888,322 | $149,582,743 |
| FY2021 | $95,416,601 | $79,369,457 | $142,305,774 |
| FY2020 | $79,618,446 | $79,403,463 | $117,463,453 |
| FY2019 | $89,040,620 | $88,450,615 | $119,347,680 |
| FY2018 | $81,947,097 | $74,592,546 | $119,590,842 |
| FY2017 | $69,272,421 | $70,948,045 | $110,903,582 |
| FY2016 | $73,577,788 | $62,049,256 | $110,460,546 |
| FY2015 | $66,632,888 | $61,113,010 | $108,597,678 |
| FY2014 | $53,560,076 | $54,273,191 | $103,535,293 |
| FY2013 | $50,012,202 | $46,394,596 | $98,986,861 |
| FY2012 | $45,289,939 | $41,886,796 | $93,525,275 |
Form 990 filings
The returns filed by University of Mary (EIN 45-0273403), 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 | $17,607,500 | 16% |
| Program service revenue | $89,157,234 | 80% |
| Other revenue | $4,787,783 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $83,192,743 | 84% |
| Management & general | $9,808,714 | 10% |
| Fundraising | $5,528,379 | 6% |
What the numbers show
- Program service revenue made up 80% of total revenue in FY2025.
- Program services accounted for 84% of functional expenses, management & general 10%, and fundraising 6%.
- 84% of functional expenses went to program services in FY2025. That is higher than 50.4% of 4430 Education organizations nationwide (too few in ND for a state comparison).
- Net assets covered about 25.2 months of expenses at the end of the reporting year. That puts it in the 45th percentile among 118 Education organizations in ND.
- Total revenue was the highest among 123 Education organizations in ND.
- Total revenue rose from $45,289,939 in FY2012 to $111,552,517 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2014, FY2017).
- The highest revenue on record here is $127,054,830 in FY2024.
- Net assets grew from $93,525,275 to $206,768,966 between FY2012 and FY2025.
- Contributions and grants made up 5% of revenue in FY2012 and 16% in 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
A private institution of higher education offering graduate and undergraduate degrees.
IRS status
| Ruling year | 1961 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B430 — Education |
| 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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