2016-05-13T10:55:19-00:00 2015-06-30 990 2014-07-01 390806251 Marquette University MARQ 4142887933 PO Box 1881 Milwaukee WI 532011881 John Lamb VIce PresidentFinance 4142881671 2016-04-27 false 2014 2016-09-27 15:27:22Z Michael R Lovell P O Box 1881 Milwaukee WI 53221 774089501 false X www.marquette.edu X 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. 35 29 8772 860 207727 42383 66314437 67823568 425431563 438159432 16861279 22102518 20208000 20292000 528815279 548377518 117394950 122950471 0 236933000 234439000 114119 0 14202777 138621931 142752529 493064000 500142000 35751279 48235518 1324142000 1332812000 390321000 358430000 933821000 974382000 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. false false 240120000 121574000 376642000 Instruction Consistently ranked among the top 100 colleges and universities nationwide, Marquette annually enrolls more than 11,700 students in undergraduate, graduate and professional programs and confers more than 2,800 degrees annually. Marquette offers 83 undergraduate majors and 78 minors to students in the College of Arts and Sciences, Business Administration, Communication, Education, Engineering, Health Sciences, Nursing and Professional Studies. Marquettes graduate and professional programs offer 63 doctoral and masters degrees and 24 certificate programs including dentistry, law, graduate business and professional studies. 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. 52568000 13726917 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, 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. 43696000 3199403 Academic Support All Marquette undergraduates receive a strong liberal arts foundation through the universitys Core of Common Studies, which includes courses in nine core knowledge areas. Cirriculum development is an ongoing process, with faculty support available through the Center for Teaching and Learning, the Instructional Media Center and various departmental resources. Programs for faculty development include cirriculum 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. 91769000 63363829 428153000 true true false true false false false true true true true true false false true true true false true true true false true false true false false true true true true false false false false false false true false false false true true false false false false false false false true 1559 0 true 8772 true true true true SP IT SF false false false true true false false false false X 35 29 true false false false false false false true true false false true true true true true true true true false AK IL KY MA MD MI NH NY OH OR SC WI X X X Dennis J Butler 4142887933 PO Box 1881 Milwaukee WI 532011881 X Mr Todd A Adams Trustee 001.00 X 0 0 0 Mr Robert J Eck Trustee 001.00 X 0 0 0 Mr John F Ferraro Trustee 001.00 X 0 0 0 Mr Richard J Fotsch Trustee 001.00 X 0 0 0 Rev James G Gartland SJ 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 Darren R Jackson Trustee 001.00 X 0 0 0 Rev Thomas A Lawler SJ Trustee 001.00 X 0 0 0 Mr Patrick S Lawton Trustee 001.00 X 0 0 0 Mr John P Lynch Trustee 001.00 X 0 0 0 Rev Patrick McGrath SJ Trustee 001.00 X 0 0 0 Ms Kelly McShane Trustee 001.00 X 0 0 0 Dr Arnold L Mitchem Trustee 001.00 X 0 0 0 Rev Kevin F O'Brien SJ Trustee 001.00 X 0 0 0 Rev Joseph M O'Keefe SJ Trustee 001.00 X 0 0 0 Mr James D O'Rourke Trustee 001.00 X 0 0 0 Janis M Orlowski MD MACP Trustee 001.00 X 0 0 0 Ms Kristine A Rappe Trustee 001.00 X 0 0 0 Mr Glenn A Rivers Trustee 001.00 X 0 0 0 Mr Scott A Roberts Trustee 001.00 X 0 0 0 Hon W Greg Ryberg Trustee 001.00 X 0 0 0 Mr Scott H Schroeder Trustee 001.00 X 0 0 0 Mr Owen J Sullivan Trustee 001.00 X 0 0 0 Mr Charles M Swoboda Trustee 001.00 X 0 0 0 Ms Cherryl T Thomas Trustee 001.00 X 0 0 0 Mr Ben Tracy Trustee 001.00 X 0 0 0 Ms Margaret M Troy Trustee 001.00 X 0 0 0 Mr James M Weiss Trustee 001.00 X 0 0 0 Mr Thomas H Werner 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 Ms Anne A Zizzo Trustee 001.00 X 0 0 0 Dr Michael R Lovell President 040.00 X 357784 0 0 Dr Margaret F Callahan Vice President 040.00 X 373031 0 0 Mr John C Lamb Treasurer 040.00 X 337472 0 0 Ms Mary L Austin Asst Treasurer 040.00 X 196992 0 0 Mr Steven W Frieder Secretary 040.00 X 124538 0 0 Ms Cynthia M Bauer Asst Secretary 040.00 X 250240 0 0 Mr William L Cords Athletic Director 040.00 X 293742 0 0 Mr Thomas P Ganey Vice President-Planning 040.00 X 207716 0 0 Mr Steve M Wojciechowski Mens Basketball Coach 040.00 X 1186158 0 0 Ms Terri L Mitchell Womens Basketball Coach 040.00 X 447630 0 0 Mr Michael K VanDerhoef VP-University Advancement 040.00 X 369956 0 0 Mr Joseph D Kearney Dean-Law School 040.00 X 334741 0 0 Dr William K Lobb Dean-School of Dentistry 040.00 X 305216 0 0 Dr Mary DiStanislao Former Executive VP X 325000 0 0 Mr Gregory J Kliebhan Former Corp VP X 347045 0 0 Dr John J Pauly Former Corp VP 040.00 X 191700 0 0 Mr Brent L Williams Former Mens BB Coach X 475814 0 0 Mr Lawrence R Williams Former Athletic Director X 390596 0 0 6515371 359 true true false Performance Interiors DBA Sodexho PO Box 2165 Milwaukee WI 53201 Food service 5485248 Jens Construction Corp N26 W23314 Paul Road Pewaukee WI 53072 Construction services 1753159 Oracle America Inc 500 Oracle Parkway Redwood Shores CA 94065 Professional services 938101 Air Planning LLC 2 Main Street Salem NH 03079 Professional services 927624 Medical College of Wisconsin 8701 Watertown Plank Road Milwaukee WI 53266 Professional services 906773 62 404139 8395067 59024362 21092666 67823568 Tuition and fees 611710 366931000 366931000 Sales by educational departments 611710 9711000 9711000 Auxiliary enterprises 611710 50056000 49848273 207727 Fees/contracts with governmental agencies 900099 11461432 11461432 438159432 1903000 1903000 44920 44920 958879 552111 406768 406768 406768 243856518 223657000 20199518 20199518 20199518 99241 404139 99241 2263499 1403631 859868 859868 Student services 900099 13190277 13190277 Educational programs 900099 3199403 3199403 Commission revenue 900099 536640 536640 2054124 2054124 18980444 548377518 456932149 207727 23414074 X 1376471 1376471 119633513 119633513 1940487 1940487 0 6515372 639957 5505459 369956 0 172965628 143448043 20858043 8659542 9947391 8007795 1508339 431257 33385429 26875459 5062519 1447451 11625180 9358746 1762506 503928 0 255565 84435 168152 2978 327227 327227 0 62342 62342 8320866 5492565 1806005 1022296 1620000 1040000 512958 67042 35400781 31662194 3277057 461530 6188984 1937237 4238966 12781 0 12372160 12252856 93840 25464 11511643 9996455 926265 588923 0 1759019 1563139 135003 60877 8695000 6675000 2020000 0 36293000 29196000 7097000 3202000 3006678 195322 Equipment rental and maintenance 11659034 10357000 1302034 Printing and publications 1927104 949437 667087 310580 Postage and shipping 921804 506434 220099 195271 UBIT 40000 40000 2196000 2153099 42901 500142000 428153000 57786223 14202777 67551000 62019000 56904000 45007000 11394000 12075000 42681000 40265000 649000 640000 7369000 8201000 953534000 429140000 508511000 524394000 263408000 275016506 297098000 314991494 68577000 50203000 1324142000 1332812000 47935000 48252000 33229000 33584000 234857000 204004000 437000 40000 73863000 72550000 390321000 358430000 X 216159000 228891000 359731000 360917000 357931000 384574000 933821000 974382000 1324142000 1332812000 X 48235518 -2887518 -4787000 X false true X true true true X 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false false false false true 45000 false false 45000 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 dues invoices. Some of these organizations may lobby on behalf of the membership. X X X X false false false 558273000 26404000 18684000 9498271 12912729 580950000 493511000 21038000 64995000 7770411 13500589 558273000 442886000 25480000 44193000 7380358 11667642 493511000 441959000 15348000 3137000 6947863 10610137 442886000 358187000 29881000 70542000 5747036 10903964 441959000 0.19000 0.81000 true false 51278455 51278455 638800409 262124081 376676328 128180436 93491827 34688609 135274700 73524092 61750608 524394000 14904561 F Financial derivatives and other financial products 14904561 F Closely-held equity interests Alternate investments 274760021 F Real estate limited partnerships 25326912 F 314991494 Federal income taxes Payable under securities lending agreement 24815000 Payable to benficiaries under split-interest agreements 3196000 Refundable federal loan grants 40547000 Postretirement benefits payable 3992000 72550000 X 429317000 -2887518 -2887518 432204518 116173000 116173000 548377518 378568000 378568000 121574000 121574000 500142000 III 1a The University has various collections of fine arts 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 purchasd 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 appriasals 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 are to be used to acquire other items for collections. Fine arts are included in insurance coverage for 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, 2015 and 2014 respectively, the specific policy covering highly valued works provided for insured coverage of 82,000,000 and 79,000,000 aggregate limit for any one occurrence, and included 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 2 The University is exempt from federal income tax under Sectoin 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. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business, in the opinion of management, is not material to the financial statements taken as a whole. X 2 The University has adopted FASB Accounting Standards Codification 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 interpretaton 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, 2015 or 2014. X 2 As of June 30, 2015, the university has a federal tax credit carryforward of 141,000, expiring in 2033. XI 4b 121,574,000 tution discount 5,401,000 endowment income less than current operations. XII 4b 121,574,000 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 32215 East Asia and the Pacific Program services International education 219040 Europe Including Iceland and Greenland 1 1 Program services International education 1606769 Middle East and North Africa Program services International education 3050 North America Program services International education 8500 South America Program services International education 87810 Sub-Saharan Africa 1 1 Program services International education 545322 2 2 2 2 2502706 2502706 Scholarship Central America and the Caribbean 3 32215 cash, wire FMV Scholarship East Asia and the Pacific 36 219040 cash, wire FMV Scholarship Europe Including Iceland and Greenland 211 1431927 cash, wire FMV Scholarship Middle East and North Africa 1 3050 cash, wire FMV Scholarship North America 1 8500 cash, wire FMV Scholarship South America 12 87810 cash, wire FMV Scholarship Sub-Saharan Africa 39 157945 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. Blue Gold Auction 368542 308728 59814 29512 30302 Engineering Auction 31682 16310 15372 7301 8071 103156 79101 24055 11624 12431 503380 404139 99241 48437 50804 99241 true Arizona State University PO Box 876011 Tempe AZ 85287 860196696 501C3 8500 Research Aurora Health Care Inc PO Box 343910 Milwaukee WI 53234 391442285 501C3 74503 Instruction Board of Regents UW System Drawer 538 Milwaukee WI 53278 396006492 501C3 115132 Instruction Board of Regents UW System Drawer 538 Milwaukee WI 53278 396006492 501C3 47237 Research Bread of Healing 1821 N 16th Street Milwaukee WI 53205 810669867 501C3 26753 Research ICAHN 245 Backbone Rd E Princeton IL 60356 550809159 501C3 26008 Instruction Loyola University Chigago 820 N Michigan Ave Chicago IL 60611 436036286 501C3 15904 Research Medical College of Wisconsin PO Box 26509 Milwaukee WI 53226 390806261 501C3 16254 Instruction Medical College of Wisconsin PO Box 26509 Milwaukee WI 53226 390806261 501C3 445159 Research Milwaukee School of Engineering 1025 N Broadway Milwaukee WI 53202 390477970 501C3 26118 Research Ministry Health Care 900 Illinois Ave Stevens Point WI 54481 391490371 501C3 15342 Instruction Rehabilitation Institute of Chicago 345 E Superior St Onterie Rm 848 Chicago IL 60611 392256036 501C3 418458 Research United Community Center 1028 S 9th Street Milwaukee WI 53204 391146191 501C3 25664 Other United Community Center 1028 S 9th Street Milwaukee WI 53204 391146191 501C3 5520 Research University of Arkansas PO Box 1404 Fayetteville AR 72702 716003252 501C3 8250 Research University of Chicago 6054 S Drexel Avenue Chicago IL 60637 362177139 501C3 16162 Research University of Illinois 501 East Daniel Street Champaign IL 61820 376000511 501C3 24595 Research University of Maryland 620 W Lexington Street Baltimore MD 21201 526002033 501C3 11748 Research University of Wisconsin-Milwaukee PO Box 413 Union Box 88 Milwaukee WI 53201 391805963 501C3 49164 Research 19 Undergraduate competitive scholarships 7438 82987252 Undergraduate noncompetitive scholarships 524 6566116 Financial aid for room and board 3072 19055504 Graduate scholarships 1488 11024641 Part I Line 2 Most, if not all student scholarships are credited to the student accounts without the funds passing through the students hands. Sources outside the university that provide scholarships are encouraged to remit payment directly to the university, which credits the student account upon receipt. Institutional aid is almost always credited directly to the student accounts. X X X X X true true X X X X X true false false false false false false false false Dr Michael R Lovell President 347943 9841 39513 397297 Dr Margaret F Callahan Vice President 373031 20800 92302 486133 Mr John C Lamb Treasurer 337472 20800 13323 371595 Ms Mary L Austin Asst Treasurer 196992 15909 11502 224403 Ms Cynthia M Bauer Asst Secretary 250240 20252 24418 294910 Mr William L Cords Athletic Director 293742 293742 Mr Thomas P Ganey Vice President-Planning 207716 13150 220866 Mr Steve M Wojciechowski Mens Basketball Coach 1186158 37872 1224030 Ms Terri L Mitchell Womens Basketball Coach 447630 3885 451515 Mr Michael K VanDerhoef VP-University Advancement 369956 26154 396110 Mr Joseph D Kearney Dean-Law School 334741 20800 28104 383645 Dr William K Lobb Dean-School of Dentistry 305216 20800 25964 351980 Dr Mary DiStanislao Former Executive VP 325000 325000 Mr Gregory J Kliebhan Former Corp VP 347045 20800 25822 393667 Dr John J Pauly Former Corp VP 191700 14149 25994 231843 Mr Brent L Williams Former Mens BB Coach 475814 2666 478480 Mr Lawrence R Williams Former Athletic Director 390596 100 390696 Part I Line 1a First Class or charter travel is offered on a limited basis. Travel for companions is offered on a limited basis. Tax indemnification and gross-up payments are offered to university employees on a limited basis. Health or social club dues or initiation fees are offered on a limited basis. Housing is offered on a limited basis. Part I Line 4a Mary A DiStanislao was paid 325,000 in severance. Gregory J Kliebhan was paid 347,045 in severance. Brent L Williams was paid 475,814. Lawrence R Williams was paid 390,596 in severance. A WHEFA 2012 391337855 97710B5G3 2012-10-04 96596215 Various construction projects false false false B WHEFA 2011A 391337855 97710BD90 2011-02-17 27265000 Various construction projects false false false C WHEFA 2008B-3 391337855 97710BDT6 2008-11-20 33100000 Various construction projects true false false D WHEFA 2008B-2 391337855 97710BET5 2008-10-01 18795000 Various construction projects true false false A 3330000 96596215 50844219 751996 42771000 2229000 true false false true B 11510000 27669462 27332365 337097 2011 true false true true C 4520000 8275000 33708889 360000 33348889 2011 false false true true D 2705000 4595000 19132581 215000 18917581 2010 true true A false false true false false 0.00780 0.00030 0.00810 false false true B false false true false false 0.01220 0.01220 false false true C false false true false false 0.01070 0.02390 0.03460 false false true D false false true false false 0.01120 0.01120 false false true A false false false false false true B false false false false false true C false false false false false true D false false false false false true A true B true C true D true A WHEFA 2008B-1 391337855 97710BES7 2008-10-01 31795000 Various construction projects true false false B WHEFA 2007A & 2007B 391337855 97710V4Y1 2007-10-23 55000000 Various construction projects false true false A 4345000 9090000 31874869 12885000 439887 18549982 2010 true false true true B 9705000 57389183 1014631 56374552 2011 false false true true A false false true false false 0.01380 0.01380 false false true B false false true false false 0.01770 0.02520 0.04290 false false true A false false false false false true B false false false false false false true A true B true Various 27000 Merit based scholarship Various 110897 Tuition remission X 1 See Part II X 265 19557179 See Part II X 1 1150000 Value of donated property X 5 666 Value of donated property X 25 182330 Value of donated property X Auction 240 91641 Value of donated property X Equipment 3 61420 Value of donated property X Catering/other 35 49430 Value of donated property 2 false true false Part I Line 1 In accordance with SFAS 116, Marquette University does not inventory its collections of artwork, and therefore does not include in revenue the value of works contributed to the Museum. 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 4d Program Service Expenses 44,350,000, Grants and allocations 0, Revenue 51,902,397 Auxiliary Enterprises Form 990, Part III, Line 4d Program Service Expenses 22,479,000, Grants and allocations 0, Revenue 11,461,432 Grants and Research Form 990, Part III, Line 4d Program Service Expenses 20,307,000, Grants and allocations 0, Revenue 0 Libraries Form 990, Part III, Line 4d Program Service Expenses 4,633,000, Grants and allocations 0, Revenue 0 Public Services Form 990, Part IV, Line 9 The university offers a voluntary, informational program on student financial aid options and debt management. The program is informational only the university is not the custodian of any assets. Form 990, Part VI, Section A, Line 2 Some trustees serve on the same boards for other non-profit entities. Form 990, Part VI, Section B, Line 11b The governance, compensation, related parties and bond sections of the Form 990 were reviewed by the Finance and Audit committee and the Governance committee in February, 2016. The completed Form 900 was reviewed by the corporate officers in April, 2016. Complete copies of the Form 990 were then provided to the Board of Trustees in April, 2016. The Finance and Audit committee and the Governance committee reviewed the completed Form 990 at the April, 2016 Board of Trustees meeting. The chairs of those committees presented the Form 990 to the full Board of Trustees at the April, 2016 meeting. Form 990, Part VI, Section B, Line 12c Trustees and employees are required annually to disclose possible material interests and affiliations. Form 990, Part VI, Section b, Line 15a b Comparable salary information for other Jesuit schools and other universities similar to Marquette and the compensation information reported on the 990s of comparable non-Jesuit universities, along with the current Marquette salaries and performance evaluations are used to determine salaries. The Executive Committee of the Board of Trustees determines the officer and key employee salary increases if any. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and the financial statements are available on the university website. 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 IX, Line 9 Other changes in net assets consist of loss on bond refunding, adjustements to allowance for uncollectibles and other changes. Form 990, Part XI, Line 9 Consists of 3,512,557 loss on bond refunding, 1,719,267 environmental reserve, 1,646,275 net present value adjustment of irrevocable trusts, 743,474 change in allowance for pledges and 457,977 in reclassifications of contributions.