2024-05-15T12:15:15-00:00 2023-06-30 990 2022-07-01 390806251 Marquette University MARQ 4142887933 PO Box 1881 Milwaukee WI 532011881 Ian Gonzalez Vice President for Finance 4142887933 2024-05-14 false Ian Gonzalez XXX-XX-XXXX 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Ian Gonzalez PO Box 1881 Milwaukee WI 532011881 857748423 false X www.marquette.edu X 1905 WI As a Catholic, Jesuit university our mission is to search for truth, discover share knowledge, foster personal professional excellence, promote a life of faith and develop leadership expressed in service to others. 31 21 8031 2040 200337 111350114 85760802 544039393 539328982 40498000 49908229 37508993 34993756 733396500 709991769 200387487 203156768 0 263859347 272924303 18000 121000 13734933 174534166 176500170 638799000 652702241 94597500 57289528 1939220300 1955063081 514779100 485495081 1424441200 1469568000 X As a Catholic, Jesuit university our mission is to search for truth, discover share knowledge, foster personal professional excellence, promote a life of faith and develop leadership expressed in service to others. See Schedule O. false false 355974841 199032376 459110178 Instruction Consistently ranked among the top 100 colleges and universities nationwide, Marquette annually enrolls more than 11,100 students in undergraduate, graduate and professional programs and confers approximately 3,200 degrees annually. Marquette offers 78 undergraduate majors and 83 minors to students in the College of Arts and Sciences, Business Administration, Communication, Education, Engineering, Health Sciences and Nursing. Marquette has more than 70 doctoral and masters degree programs, more than 20 graduate certificate programs, and a School of Dentistry and Law School. The Graduate School of Management has nationally ranked MBA programs as well as specialty masters programs in several business areas. Marquette has Wisconsins only School of Dentistry and one of only two law schools in the state. 77460249 34994191 Student Services We know that learning occurs outside, as well as inside, the classroom. Our core values of excellence, faith, leadership and service are fostered through student participation in our residence hall communities and campus organizations, which include academic and professional groups, club and recreational sports, spiritual activities and community service organizations. Marquettes urban location, just blocks from downtown Milwaukee, gives students ample opportunities for internships, co-op experiences and part-time employment. On campus, professionals in the Office of Student Affairs, Student Health Service, Counseling Center and Campus Ministry, as well as faculty and other staff, help students as they navigate the challenges of young adult life. Marquette also has an Educational Opportunity Program, which provides academic opportunity and support to first-generation college students, students from under-represented groups or ethnicities and students from low-income families. 56120550 109067435 Academic Support and Library All Marquette undergraduates receive a strong liberal arts foundation through the universitys Core of Common Studies, which includes courses in nine core knowledge areas. Curriculum development is an ongoing process, with faculty support available through the Center for Teaching and Learning and various departmental resources. Programs for faculty development include curriculum enhancement and diversity grants, teaching enhancement awards, fellowship awards for research, young scholar awards and summer faculty fellowships. The Preparing Future Faculty Program encourages the development of graduate students for the multiple roles they will face as faculty members. 105198304 99457735 594753944 true true false true false false false true true true true true false false true true true false true true true true true true true false false true true true true false false false false false true true true false true false false false false false false false false false true X 1642 0 true 8031 true true true true false false false true true false false false false false false false false false false false false X 31 21 true false false false false false false true true false false true true true true true true true true false X X X Dennis J Butler 4142887933 PO Box 1881 Milwaukee WI 532011881 X Mr Steven M Wojciechowski Mens Basketball Head Coach 040.00 X 4631466 0 0 Mr Shaka Smart Mens Basketball Head Coach 040.00 X 2945853 0 0 Dr Michael R Lovell President 040.00 X X 1368004 0 0 Mr William G Scholl VP Director Athletics 040.00 X 510551 0 0 Mr Joel S Pogodzinski Treasurer 040.00 X 497042 0 0 Ms Megan Duffy Womens Basketball Head Coach 040.00 X 473809 0 0 Mr Timothy McMahon VP for University Advancement 040.00 X 446049 0 0 Mr DeAndre Haynes Mens Basketball Assistant Coach 040.00 X 442886 0 0 Dr James K Ah Yun Vice President 040.00 X 429132 0 0 Mr Joseph D Kearney Dean Law School 040.00 X 393126 0 0 Mr Paul J Jones Assistant Secretary 040.00 X 367758 0 0 Mr Ian Gonzalez Assistant Treasurer 040.00 X 331214 0 0 Mr Sean Gissal Chief Investment Officer 040.00 X 327851 0 0 Dr Kristina M Ropella Dean Engineering 040.00 X 311149 0 0 Dr William E Cullinan Dean Health Sciences 040.00 X 272252 0 0 Mr Tim Hanley Dean Business Administration 040.00 X 267893 0 0 Dr Heidi J Bostic Dean Arts Sciences 040.00 X 267700 0 0 Mr Steven W Frieder Secretary 040.00 X 164212 0 0 Mr Todd Adams Trustee 001.00 X 0 0 0 Mr Harvey J Anderson II Trustee 001.00 X 0 0 0 Ms Joanna M Bauza Trustee 001.00 X 0 0 0 Mr Tim M Bergstrom Trustee 001.00 X 0 0 0 Mr Rick T Dillon Trustee 001.00 X 0 0 0 Mr Robert J Eck Trustee 001.00 X 0 0 0 Hon Janine P Geske Trustee 001.00 X 0 0 0 Mr Jon D Hammes Trustee 001.00 X 0 0 0 Ms Nancy Hernandez Trustee 001.00 X 0 0 0 Mr Patrick S Lawton Trustee 001.00 X 0 0 0 Rev Brian F Linnane SJ Trustee 001.00 X 0 0 0 Mr Raymond J Manista Trustee 001.00 X 0 0 0 Rev Patrick McGrath SJ Trustee 001.00 X 0 0 0 Ms Nicole K Michaels Trustee 001.00 X 0 0 0 Mr Micky S Minhas Trustee 001.00 X 0 0 0 Rev Thomas W Neitzke SJ Trustee 001.00 X 0 0 0 Dr Janis M Orlowski Trustee 001.00 X 0 0 0 Rev Michael Rozier SJ Trustee 001.00 X 0 0 0 Mr James P Ryan Trustee 001.00 X 0 0 0 Rev Nicholas Santos SJ Trustee 001.00 X 0 0 0 Ms Amy Ford Souders Trustee 001.00 X 0 0 0 Mr William R Stemper Trustee 001.00 X 0 0 0 Mr Owen J Sullivan Trustee 001.00 X 0 0 0 Mr Christoper J Swift Trustee 001.00 X 0 0 0 Ms Peggy Troy Trustee 001.00 X 0 0 0 Mr Joseph A Walicki Trustee 001.00 X 0 0 0 Mr Thomas H Werner Trustee 001.00 X 0 0 0 Ms Chris Woleske Trustee 001.00 X 0 0 0 Hon James A Wynn Jr Trustee 001.00 X 0 0 0 Rev Michael A Zampelli SJ Trustee 001.00 X 0 0 0 14447947 524 true true false J H Findorff & Son Inc 300 S Bedford Street Madison WI 53703 Construction Services 32379380 Sodexho Inc & Affiliates 1926 W Wisconsin Avenue Suite 250 Milwaukee WI 53233 Food Services 15102664 ORBIS Education Services LLC 301 Pennsylvania Parkway Indianapolis IN 46280 Professional Fees 6616118 The Boldt Company N21 W23340 Ridgeview Parkway Waukesha WI 53188 Construction Services 2828403 JM Brennan Inc 2101 W St Paul Avenue Milwaukee WI 53233 Mechanical Contractor 2051810 54 403778 11586934 73770090 9653272 85760802 Tuition and Fees 611710 448152935 448152935 Sales by Educational Departments 611710 10957243 10957243 Auxilliary Departments 611710 57811264 57357881 453383 Fees/Contracts with Governmental Agencies 900099 22407540 22407540 539328982 7362229 -253046 7615275 6660 6660 1038637 289189 749448 749448 749448 188051000 145505000 42546000 42546000 42546000 179810 403778 179810 3495888 1782655 1713233 1713233 Student Services 900099 19256756 19256756 Restricted Funded Depreciation 900099 7956833 7956833 Educational Programs 900099 2896809 2896809 2414017 2414017 32524415 709991769 571400014 200337 52630616 4124392 4124392 197438874 197438874 1593502 1593502 0 5050257 1118995 3485213 446049 0 205168203 177873574 18643345 8651284 11610383 9425518 1515342 669523 37898359 31342839 5404840 1150680 13197101 11139807 1419214 638080 0 500168 199793 300375 394746 394746 255808 255808 121000 121000 0 16113791 14911346 1022740 179705 2501336 1811462 358652 331222 45672542 45293502 82559 296481 9960426 6751406 3183663 25357 0 16950982 16778419 102226 70337 16742910 14687976 1225645 829289 0 856889 850822 1393 4674 9820578 6582589 3237989 0 38802821 36429844 2372977 5328372 5328372 Equipment and Maintenance 11203053 10183314 1015436 4303 Printing and Publications 767285 527574 86484 153227 Postage and Shipping 599377 360024 75631 163722 UBIT 29086 29086 0 652702241 594753944 44213364 13734933 117433700 73438278 72089300 71612958 22197300 22121363 416700 312500 24450200 21712051 493000 500453 4700300 6414061 1308318476 636330662 651498800 671987814 517758400 542891129 519753900 535780951 8428700 8291523 1939220300 1955063081 77752600 70277390 31031500 31077074 204535314 184663434 166572586 168205315 34887100 31271868 514779100 485495081 X 401593000 460212000 1022848200 1009356000 1424441200 1469568000 1939220300 1955063081 X 57289528 -7559256 -4603472 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false false false false true 255808 false false 255808 false II-B 1a, 1b 1g Marquette University employs staff who perform some lobbying activities as part of their job responsibilities. These same employees and senior leadership may have direct contact with legislators, their staffs and government officials. Marquette University pays membership dues to other organizations per the membership invoices. Some of these organizations may lobby on behalf of the membership. X X X X false false false 894126000 19346000 33280000 21879621 20480379 904392000 928999000 35033000 -31533000 19692020 18680980 894126000 715805000 34520000 213247000 17579551 16993449 928999000 705476000 34533000 5706000 15252469 14657531 715805000 678408000 20893000 34334000 12055232 16103768 705476000 0.12000 0.88000 true false 51423393 34368997 853897321 359301854 494595467 174729423 144093967 30635456 228268339 115880445 112387894 671987814 8315617 F Financial derivatives and other financial products 8315617 F Closely-held equity interests Alternative Investments 508340056 F Real Estate Limited Partnerships 19125278 F 535780951 Federal income taxes Payable to Beneficiaries Under Split-Interest Agreements 1721446 Refundable Federal Loan Grants 25937862 Postretirement Benefits Payable 3612560 31271868 X 510959393 510959393 199032376 199032376 709991769 453669865 453669865 199032376 199032376 652702241 III 1a The university has various collections of fine arts and rare books in museums, libraries and on loan. The university does not assign or record a value to art works and other collections received as gifts or purchased with contributions restricted for that purpose. Valuations for some collections are updated periodically, and as such, the total value of all fine arts may vary with appraisals and/or auction prices. Accordingly, the value of fine art and other collections has been excluded from the statements of financial position. Proceeds, if any, from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The art and other collections are subject to a requirement that proceeds from their sales be used to acquire other items for collections. Fine arts are included in insurance coverage for the university property and a separate policy is also secured for fine art of high value and where appraised values are listed. As of June 30, 2023, the specific policy covering high valued works provides for insured coverage of 100,000,000 aggregate limit subject to policy sublimit, including 3,000,000 for Joan of Arc chapel for any loss or one occurence and includes some appraised items from the library collections. III 4 The Haggerty Museum serves as a laboratory for learning focused on visual arts by collecting, exhibiting and interpreting works of art in the context of Marquette University and the City of Milwaukee. The Museums exhibitions and educational programs are designed to contribute to transformational life-long learning and enjoyment of the arts. V 4 Endowment earnings are used for student scholarships, academic program support and general operations. X 1 The University is exempt from federal income tax under Section 501c3 of the Internal Revenue Code and Section 71.261a of the Wisconsin statutes and is generally not subject to federal and state income taxes. However, the University is subject to income taxes on any income that is derived from a trade or business regularly carried on, and not in furtherance of the purposes for which it was granted exemption. X 1 The University has adopted FASB ASC Subtopic 740, Income Taxes, related to accounting for uncertainty in income taxes, which prescribes a recognition threshold and measurement of a tax position taken or expected to be taken in a tax return. The interpretation requires that the entity account for and disclose in the financial statements the impact of a tax position if that position will more likely than not be sustained upon examination based on the technical merits of the position. The University has evaluated the financial statement impact of tax positions taken or expected to be taken and determined it has no uncertain tax position that would require tax assets or liabilities to be recorded in accordance with accounting guidance at June 30, 2023 or 2022. X 1 As of June 30, 2023, the University has a federal tax credit carryforward of 2,046,000 which expires between fiscal years 2036 and 2041. XI 4b Tuition discount. XII 4b Tuition discount. true true true true true true true false false false false false false false false true false true 6a The university receives a variety of federal and state grants. true Central America and the Caribbean Program Services International Education 24971 East Asia and the Pacific 1 Program Services International Education 157350 Europe Including Iceland and Greenland Program Services International Education 1398681 South America Program Services International Education 12500 Sub-Saharan Africa 1 1 Program Services International Education 53595 1 2 1 2 1647097 1647097 Scholarship Central America and the Caribbean 1 24971 Cash, Wire FMV Scholarship East Asia and the Pacific 12 157350 Cash, Wire FMV Scholarship Europe Including Iceland and Greenland 118 1398681 Cash, Wire FMV Scholarship South America 1 12500 Cash, Wire FMV true false true true true false Part I Line 2 Students receive aid that is applied toward the tuition expenses for courses taken in the study abroad programs. At the completion of the course, the participating institutions send to Marquette a transcript for each student. The Registrars Office at Marquette certifies the transcripts, then sends them to the Office of International Education or the College of Business Administration dependent on program for further review and evaluation. After this review they are returned to the Registrars Office and course credit, if applicable, is applied to the student records. X X X X X X X true Donald A Campbell and Company One East Wacker Drive Ste 2100 Chicago IL 60601 Campaign Counsel false 36000 Community Counselling Service Co LLC 527 Madison Avenue 5th Floor New York NY 10022 Feasiblity Study false 85000 121000 All States Blue and Gold 419418 327106 92312 92312 PILS 62307 28326 33981 33981 2 101863 48346 53517 53517 583588 403778 179810 179810 179810 Part I Line 2b A portion of the university presidents duties consist of fundraising. true African American Breastfeeding Network Inc PO Box 1979 Milwaukee WI 53212 462196368 501 c3 33120 Research Alzheimer's Association 620 S 76th Street Suite 160 Milwaukee WI 53214 391350965 501 c3 43784 Research Board of Regents-University of WI System-Madison GAR Acct-ORSP Drawer 538 Milwaukee WI 532780538 396006492 501 c3 78651 Research Board of Regents-University of WI System-Milwaukee PO Box 500 Milwaukee WI 53201 396006492 501 c3 6958 Research Confluency LLC 5215 N Ravenswood AveSte 305 Chicago IL 62510 842105508 For Profit 55805 Research CZERO Inc 1306 Blue Spruce Drive Fort Collins CO 80524 208175796 For Profit 260296 Research Florida State University 874 Traditions Way Tallahassee FL 32306 591961248 501 c3 157070 Research Indiana University 107 S Indiana Avenue Bloomington IN 47405 356001673 State of Indiana 41036 Research John Deere Shared Services 3801 W Ridgeway Avenue Waterloo IA 50701 363387700 For Profit 19754 Research Lutheran Social Services 647 W Virginia Street Milwaukee WI 532041535 390816846 501c3 5238 Research Lutheran Social Services 647 W Virginia Street Milwaukee WI 532041535 390816846 501c3 197212 Other Mahle Powertrain LLC 23030 Mahle Drive Farmington Hills MI 48335 113756060 For Profit 710334 Research Milwaukee Area Technical College 700 W State Street Milwaukee WI 53233 396003459 State of Wisconsin 20029 Research Medical College of Wisconsin 8701 Watertown Plank Rd Box 26509 Milwaukee WI 532260509 390806261 501c3 1262871 Research Medical College of Wisconsin 8701 Watertown Plank Rd Box 26509 Milwaukee WI 532260509 390806261 501c3 2854 Other Milwaukee Public Schools PO Box 2181 Milwaukee WI 532019768 396003457 City of Milwaukee 11238 Research Milwaukee School of Engineering 1025 North Broadway Milwaukee WI 53202 390477970 501c3 12755 Research Near West Side Partners 624 N 24th Street Milwaukee WI 53233 472708769 501 c3 258759 Other New Beginnings Are Possible Inc 6100 N 42nd Street PO Box 90582 Milwaukee WI 53209 391913547 501 c3 15000 Research New York University 50 West 4th Street New York NY 10012 135562308 501 c3 24285 Research Niron Magnetics Inc 650 Taft Street NE Suite 400 Minneapolis MN 55413 464129306 For Profit 114858 Research Northwestern University 619 Clark Street Evanston IL 60208 362167817 501 c3 72769 Research Raytheon Technologies Corporation 411 Silver Lane East Hartford CT 06118 060570975 For Profit 96141 Research Remarkable Speech and Movement 52 Anderson Avenue Panania AS 14939 Research The Board of Trustees University of Illinois 809 South Marshfield Ave 511 MB Chicago IL 606127205 376000511 501 c3 193752 Research University of Chicago UChicago Argonne PO Box 87916 Carol Stream IL 60188 362177139 State of Illinois 57693 Research University of Cincinnati Accounts Recv PO Box 691031 Cincinnati OH 452691031 316000989 State of Ohio 5638 Research University of Delaware Cashiers Office 30 Lovett Avenue Newark DE 19716 516000297 501 c3 44124 Research University of Kentucky co PNC Bank PO Box 93113 Cleveland OH 44193 616001218 Commonwealth of Kent 17471 Research University of Miami Research Admin PO Box 405803 Atlanta GA 303845803 590624458 501 c3 92775 Research University of Vermont and State Agricultural College 85 S Prospect 217 Waterman Bldg Burlington VT 05405 030179440 501 c3 64270 Research University of Wisconsin-Madison 500 Lincoln Drive Madison WI 53706 391805963 501 c3 7358 Research University of Wisconsin-Stout 712 Broadway Street Menomonie WI 54751 391805963 501 c3 9710 Research Virginia Polytechnic Institute and State University 800 Washington Street SW Blacksburg VA 24061 546001805 Commonwealth of Virg 115845 Research 27 7 Undergraduate Competitive Scholarships 6983 152317971 Undergraduate Noncompetitive Scholarships 648 9518517 Financial Aid for Room and Board 2579 19494073 Graduate Scholarships 1600 16108313 Part I Line 2 The grants and/or financial assistance provided to the students are applied directly to the students account, ensuring that the funds are used as intended. Part III Line c The grants and/or financial assistance provided to the students are applied directly to the students account. X X X X X false true X X X X X X true false false true false false false true false Dr Michael R Lovell President 686083 681921 24400 75705 1468109 Dr James K Ah Yun Vice President 429132 21893 64849 515874 Mr Joel S Pogodzinski Treasurer 435222 61820 24400 80438 601880 Mr Ian Gonzalez Assistant Treasurer 330874 340 24400 32619 388233 Mr Steven W Frieder Secretary 163965 247 13187 17678 195077 Mr Paul J Jones Assistant Secretary 367758 84131 451889 Dr Kristina M Ropella Dean Engineering 310956 193 23313 26476 360938 Dr William E Cullinan Dean Health Sciences 272059 193 21780 36496 330528 Dr Heidi J Bostic Dean Arts Sciences 267700 21518 30562 319780 Mr Tim Hanley Dean Business Administration 267893 15750 25848 309491 Mr Timothy McMahon VP for University Advancement 376411 50000 19638 24400 34284 504733 Mr Sean Gissal Chief Investment Officer 327604 247 24400 80325 432576 Mr Shaka Smart Mens Basketball Head Coach 2791853 154000 24400 70531 3040784 Mr William G Scholl VP Director Athletics 428551 73000 9000 24400 34383 569334 Ms Megan Duffy Womens Basketball Head Coach 434915 17000 21894 24400 28834 527043 Mr DeAndre Haynes Mens Basketball Assistant Coach 420486 14000 8400 24400 38332 505618 Mr Joseph D Kearney Dean Law School 393126 24400 39084 456610 Mr Steven M Wojciechowski Mens Basketball Head Coach 4631466 4631466 Part I Line 1a First class or charter travel is offered on a limited basis. Travel for companions is offered on a limited basis. Part I Line 1a Tax indemnification and gross-up payments are offered to university employees on a limited basis. Part I Line 1a Health and social club fees or initiation fees are offered on a limited basis. Part II Bonuses and other reportable compensation per contracts. Part II Other reportable compensation for Dr. Lovell includes a 500,000 retention payment per contract. Part II Other reportable compensation includes a 4.6 million payment to Coach Steven M. Wojciechowski representing the final termination payment for the remaining three years under his employment contract. A WHEFA 2022 391337855 97712JFG3 2022-07-12 63777733 Refunding WHEFA 2012 false false false B WHEFA 2019 391337855 97712D2S4 2019-10-22 52142669 Construction project false false false C WHEFA 2016 391337855 97712DTG1 2016-10-18 96989222 Various construction projects false false false A 63777733 63165085 612649 true false true true B 8235000 52142669 36684020 458649 15017582 2020 true false true true C 8835000 96989222 41791398 749787 48487332 2018 true false true true A false false false false 0.00960 0.00220 0.01180 false false true B false false false false 0.00880 0.01960 0.02840 false false true C false false true false false 0.00770 0.02730 0.03500 false false true A false true false false false false false false true B false true false false false false false false true C false true false true false false false false true A true B true C true Part IV Line 2cC Rebate Computation Date 09/13/21 Dr Michael R Lovell President Retention X 1250000 312500 false true true 312500 Various 208825 Tuition Remission Various 58700 Merit Based Scholarship Mr Harvey J Anderson II Marquette Trustee 410033 Technology Purchases false Mr Tim M Bergstrom Marquette Trustee 170116 Automotive Purchases false Mr Patrick S Lawton Marquette Trustee 114465 Investment Fees false Part IV Line 1b Retired Strategic Advisor, HP Inc. Part IV Line 2b President and Chief Executive Officer Bergstrom Automotive Part IV Line 3b Managing Director of Fixed Income Capital Markets Robert W Baird Co Part IV Line 1 - 3 All transactions with related parties are at arms length and in the normal course of university business. X 383 8615868 See Part II X 4 800 Value of Donated Property X Auction 234 98574 Value of Donated Property X Equipment 7 841172 Value of Donated Property X Other 22 96858 Value of Donated Property 2 false true false Part I Line 9 The average of the high and low trading price for the security is calculated as of the day of donation. This average is multiplied by the number of shares received, yielding the value of the gift. Form 990, Part III, Line 1 Marquette University is a Catholic, Jesuit university dedicated to serving God by serving our students and contributing to the advancement of knowledge. Our mission, therefore, is the search for truth, the discovery and sharing of knowledge, the fostering of personal and professional excellence, the promotion of a life of faith, and the development of leadership expressed in service to others. All this we pursue for the greater glory of God and the common benefit of the human community. Form 990, Part III, Line 1 Excellence Our students, whether traditional or non-traditional, undergraduate, graduate or professional, come to Marquette University to share our commitment to the pursuit of excellence in all things as a lifelong endeavor. They come to join a community whose members, faculty, staff, students, trustees, alumni and friends alike, believe that education must encompass the whole person spiritual and moral as well as intellectual, the heart as well as the mind. And they come seeking the educational, professional and cultural advantages of a university located in the heart of the city. We, in turn, take seriously our responsibility to foster and support excellence in teaching and research, to keep a Marquette education accessible to a diverse population of students, and to offer personal attention and care to each member of the Marquette community. Form 990, Part III, Line 1 As a Catholic university, we are committed to the unfettered pursuit of truth under the mutually illuminating powers of human intelligence and Christian faith. Our Catholic identity is expressed in our choices of curricula, our sponsorship of programs and activities devoted to the cultivation of our religious character, our ecumenical outlook, and our support of Catholic beliefs and values. Precisely because Catholicism at its best seeks to be inclusive, we are open to all who share our mission and seek the truth about God and the world, and we are firmly committed to academic freedom as the necessary precondition for that search. We welcome and benefit enormously from the diversity of seekers within our ranks, even as we freely choose and celebrate our own Catholic identity. Form 990, Part III, Line 1 Leadership As a Jesuit university Marquette embodies the intellectual and religious traditions of the Society of Jesus. Through an academically rigorous, values-centered curriculum, our students receive a firm grounding in the liberal arts, preparation for work in a world of increasing complexity and diversity, and formation for life as ethical and informed leaders in their religious, cultural, professional and civic communities. They work with and learn from faculty who are true teacher-scholars, whose research not only advances the sum of human knowledge, but also informs their teaching, and whose commitment to students is fundamental to their intellectual and professional lives. Form 990, Part III, Line 1 Service Through both our academic and co-curricular programs, Marquette strives to develop men and women who will dedicate their lives to the service of others, actively entering into the struggle for a more just society. We expect all members of the Marquette community, whatever their faith traditions, to give concrete expression to their beliefs by giving of themselves in service to those in need. Form 990, Part III, Line 1 Marquette University Guiding Values In accordance with the Catholic, Jesuit mission and vision of Marquette University, we hold that all people and things are created to praise, reverence and serve God in our community and throughout the world, and thus every aspect of the universitys lifeblood and work holds this principle and foundation as its beginning and end. Therefore, we will enact the following values and behaviors in our lives and our work to serve the greater glory of God. Form 990, Part III, Line 1 Pledge personal and holistic development of students as your primary institutional vocation Pursue academic excellence and educate students who are men and women for and with others throughout the world Embody a spirit of interdisciplinary curiosity, research, innovation, entrepreneurship and application to change and improve ourselves, our community and our world Nurture an inclusive, diverse community that fosters new opportunities, partnerships, collaboration and vigorous yet respectful debate Live as servant leaders with a commitment to the Jesuit tradition and Catholic social teaching for all people, beliefs and faith traditions Create bold, ambitious plans enacted with agility, authentic accountability and a commitment to the greater good. Form 990, Part III, Line 4d Program Service Expenses 105,198,304, Grants and Allocations 0 Revenues 99,457,735 Auxiliary Enterprises Expenses 44,177,692, Grants and Allocations 0, Revenue 57,811,264 Research-Expenses 55,459,421, Grants and Allocations 0, Revenue 41,646,471 Public Service 5,561,191, Grants and Allocations 0, Revenue 0. Form 990, Part IV, Section A, Line 2 Some trustees serve on the same boards for other non-profit entities. Form 990, Part IV, Section B, Line 11b The completed Form 990 was reviewed by the corporate officers and Finance and Risk committtee in April 2024. Complete copies of the Form 990 were then provided to the Board of Trustees in May 2024. The chair of that committee presented the form to the Full Board of Trustees. Form 990, Part IV, Section B, Line 12c Trustees and employees are required annually to disclose possible material interests and affiliations. Form 990, Part IV, Section B, Line 15a, 15b The Executive committee of the Board of Trustees utilizes the following in determining officer and key employee salary increases annual compensation surveys and data from comparable universities performance evaluations employment contracts and input from an independent compensation consultant /surveys as needed. Form 990, Part III, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VII, Section A, Line 2 The university annually pays Jesuit Community at Marquette University, Inc. amounts based on their ongoing relationship, including the service of Jesuits as faculty and staff. Form 990, Part XI, Line 9 Other changes in net assets consists of adjustments to allowance for uncollectible pledges, severances and other changes.