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MARQUETTE UNIVERSITY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MARQUETTE UNIVERSITY (EIN 39-0806251)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202611349349303611
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-14T10:00:52-00:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN390806251EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Marquette UniversityBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMARQBusinessNameControlTxt
Phone4142887933PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1881AddressLine1Txt
CityMilwaukeeCityNm
State AbbreviationWIStateAbbreviationCd
ZIP532011881ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonIan GonzalezPersonNm
Person TitleVice President for FinancePersonTitleTxt
Phone4142887933PhoneNum
Signature2026-05-10SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerIan GonzalezPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1881AddressLine1Txt
CityMilwaukeeCityNm
State AbbreviationWIStateAbbreviationCd
ZIP532011881ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,083,094,327GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.marquette.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1905FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionAs 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.ActivityOrMissionDesc
Voting Members Governing Body32VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee8123TotalEmployeeCnt
Total Volunteers2050TotalVolunteersCnt
Total Gross UBI$6,091,438TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$714,445NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$88,802,573PYContributionsGrantsAmt
CY Contributions Grants$113,108,251CYContributionsGrantsAmt
PY Program Service Revenue$566,815,661PYProgramServiceRevenueAmt
CY Program Service Revenue$619,652,027CYProgramServiceRevenueAmt
PY Investment Income$54,279,977PYInvestmentIncomeAmt
CY Investment Income$56,548,012CYInvestmentIncomeAmt
PY Other Revenue$40,815,236PYOtherRevenueAmt
CY Other Revenue$50,673,883CYOtherRevenueAmt
PY Total Revenue$750,713,447PYTotalRevenueAmt
CY Total Revenue$839,982,173CYTotalRevenueAmt
PY Grants And Similar Paid$218,445,160PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$249,057,808CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$284,472,193PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$288,245,090CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$18,132PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$29,700CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$14,846,732CYTotalFundraisingExpenseAmt
PY Other Expenses$190,677,434PYOtherExpensesAmt
CY Other Expenses$209,785,401CYOtherExpensesAmt
PY Total Expenses$693,612,919PYTotalExpensesAmt
CY Total Expenses$747,117,999CYTotalExpensesAmt
PY Revenues Less Expenses$57,100,528PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$92,864,174CYRevenuesLessExpensesAmt
Total Assets BOY$2,057,273,870TotalAssetsBOYAmt
Total Assets EOY$2,201,934,520TotalAssetsEOYAmt
Total Liabilities BOY$491,475,351TotalLiabilitiesBOYAmt
Total Liabilities EOY$467,389,520TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,565,798,519NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,734,545,000NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAs a Catholic, Jesuit university our mission is to search for truth, discover shareknowledge, foster personal professional excellence, promote a life of faith and developleadership expressed in service to others. See Schedule O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$416,067,980ExpenseAmt
Grant$243,811,420GrantAmt
Revenue$523,882,351RevenueAmt
DescInstruction 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 approximately 2,800 degrees annually. Marquette offers 80 undergraduate majors and 93 minors to students in the College of Arts and Sciences, Business Administration, Communication, Education, Engineering, Health Sciences and Nursing. Marquette has 79 doctoral and masters degree programs, and 19 graduate certificate programs, and a School of Dentistry and Law School. TheGraduate 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$91,613,101ExpenseAmt
Revenue$50,673,883RevenueAmt
DescStudent 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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$56,640,009ExpenseAmt
Revenue$138,869,737RevenueAmt
DescAcademic 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.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$121,089,601TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$116,241,580TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$685,410,691TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document1705IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee8123EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountrySFForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members32GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDennis J ButlerPersonNm
Phone4142887933PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1881AddressLine1Txt
CityMilwaukeeCityNm
State AbbreviationWIStateAbbreviationCd
ZIP532011881ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (45 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtHighest Compensated EmployeeHighestCompensatedEmployeeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndOfficerOfficerIndKey EmployeeKeyEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Mr Shaka Smart
Mens Basketball Head Coach040.00Yes (X)$4,547,338$0$0
Dr Michael R Lovell
Former President$3,617,448$0$0Yes (X)
Dr James K Ah Yun
President / Acting President040.00$869,890$0$0Yes (X)
Ms Cara Consuegra
Womens Basketball Head Coach040.00Yes (X)$727,510$0$0
Mr Joel S Pogodzinski
Treasurer040.00$718,292$0$0Yes (X)
Mr Timothy McMahon
VP for University Advancement040.00$644,983$0$0Yes (X)
Mr William G Scholl
VP Director Athletics040.00Yes (X)$530,163$0$0
Mr DeAndre Haynes
Mens Basketball Assistant Coach040.00Yes (X)$468,560$0$0
Mr Ryan Theis
Womens Volleyball Head Coach040.00Yes (X)$413,229$0$0
Mr Ralph Weber
Assistant Secretary040.00$365,269$0$0Yes (X)
Mr Sean Gissal
Chief Investment Officer040.00$353,185$0$0Yes (X)
Mr Ian Gonzalez
Assistant Treasurer040.00$338,268$0$0Yes (X)
Dr William E Cullinan
Dean Health Sciences040.00$283,537$0$0Yes (X)
Mr Steven Frieder
Secretary040.00$171,848$0$0Yes (X)
Mr Todd Adams
Trustee001.00$0$0$0Yes (X)
Mr Harvey J Anderson II
Trustee001.00$0$0$0Yes (X)
Ms Joanna M Bauza
Trustee001.00$0$0$0Yes (X)
Mr Tim M Bergstrom
Trustee001.00$0$0$0Yes (X)
Rev Erick Berrelleza SJ
Trustee001.00$0$0$0Yes (X)
Dr Jennifer M Connelly
Trustee001.00$0$0$0Yes (X)
Ms Julie Creamer
Trustee001.00$0$0$0Yes (X)
Mr Rick T Dillon
Trustee001.00$0$0$0Yes (X)
Mr Kevin L Frisinger
Trustee001.00$0$0$0Yes (X)
Hon Janine P Geske
Trustee001.00$0$0$0Yes (X)
Ms Nancy Hernandez
Trustee001.00$0$0$0Yes (X)
Mr Patrick S Lawton
Trustee001.00$0$0$0Yes (X)
Rev Brian F Linnane SJ
Trustee001.00$0$0$0Yes (X)
Mr Vincent P Lyles
Trustee001.00$0$0$0Yes (X)
Mr Raymond J Manista
Trustee001.00$0$0$0Yes (X)
Rev Patrick McGrath SJ
Trustee001.00$0$0$0Yes (X)
Ms Nicole K Michaels
Trustee001.00$0$0$0Yes (X)
Mr Micky S Minhas
Trustee001.00$0$0$0Yes (X)
Rev Thomas W Neitzke SJ
Trustee001.00$0$0$0Yes (X)
Rev Michael Rozier SJ
Trustee001.00$0$0$0Yes (X)
Mr James P Ryan
Trustee001.00$0$0$0Yes (X)
Rev Nicholas Santos SJ
Trustee001.00$0$0$0Yes (X)
Ms Amy Ford Souders
Trustee001.00$0$0$0Yes (X)
Mr William R Stemper
Trustee001.00$0$0$0Yes (X)
Mr Owen J Sullivan
Trustee001.00$0$0$0Yes (X)
Mr Christoper J Swift
Trustee001.00$0$0$0Yes (X)
Mr Derek L Tyus
Trustee001.00$0$0$0Yes (X)
Mr Perry J Vieth
Trustee001.00$0$0$0Yes (X)
Mr Joseph A Walicki
Trustee001.00$0$0$0Yes (X)
Ms Chris Woleske
Trustee001.00$0$0$0Yes (X)
Hon James A Wynn Jr
Trustee001.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$14,049,520TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K566IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
J H Findorff Son Inc
300 S Bedford StreetMadisonWI53703Construction Services$73,439,256
Sodexo Inc Affiliates
1926 W Wisconsin Avenue Suite 250MilwaukeeWI53233Food Services$18,957,998
Selzer-Ornst
6222 W State StreetMilwaukeeWI53213Constructions Services$6,104,384
ORBIS Education
2600 W Camelback RoadPhoenixAZ85017Professional Fees$4,082,749
HSRE Core Holding I
444 West Lake Street Suite 2100ChicagoIL60606Student Housing$3,627,909
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K74CntrctRcvdGreaterThan100KCnt
Fundraising$75,739FundraisingAmt
Government Grants$14,644,979GovernmentGrantsAmt
All Other Contributions$98,387,533AllOtherContributionsAmt
Noncash Contributions$32,639,735NoncashContributionsAmt
Total Contributions$113,108,251TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and fees611710$513,927,252$513,927,252
Sales by educational departments611710$9,955,099$9,955,099
Auxiliary enterprises611710$67,875,845$67,549,601$326,244
Fees/contract with governmental agencies900099$27,893,831$27,893,831
FieldValueIRS element (for citing)
Total Program Service Revenue$619,652,027TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,314,622TotalRevenueColumnAmt
Unrelated Business Revenue-$255,556UnrelatedBusinessRevenueAmt
Exclusion$10,570,178ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,161TotalRevenueColumnAmt
Exclusion$37,161ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,081,531RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$336,128RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$745,403RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$745,403TotalRevenueColumnAmt
Exclusion$745,403ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$287,140,390OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$240,907,000OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$46,233,390OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,233,390TotalRevenueColumnAmt
Exclusion$46,233,390ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$98,817FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$75,739ContriRptFundraisingEventAmt
Fundraising Direct Expenses$98,817FundraisingDirectExpensesAmt
Gross Sales Of Inventory$3,652,468GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,770,209CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,882,259TotalRevenueColumnAmt
Exclusion$1,882,259ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Student Services900099$22,638,586$22,638,586
Restricted Funded Depreciation900099$9,301,302$9,301,302
Educational Programs900099$4,267,135$4,267,135

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,802,037TotalRevenueColumnAmt
Related Or Exempt Func Income$5,781,287RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$6,020,750UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$48,009,060OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$839,982,173TotalRevenueColumnAmt
Related Or Exempt Func Income$661,314,093RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$6,091,438UnrelatedBusinessRevenueAmt
Exclusion$59,468,391ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,246,388TotalAmt
Program Services$5,246,388ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$242,159,781TotalAmt
Program Services$242,159,781ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,651,639TotalAmt
Program Services$1,651,639ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,994,536TotalAmt
Program Services$283,537ProgramServicesAmt
Management And General$3,066,016ManagementAndGeneralAmt
Fundraising$644,983FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$3,617,448TotalAmt
Management And General$3,617,448ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$218,142,643TotalAmt
Program Services$191,348,504ProgramServicesAmt
Management And General$17,593,858ManagementAndGeneralAmt
Fundraising$9,200,281FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$12,173,255TotalAmt
Program Services$9,830,070ProgramServicesAmt
Management And General$1,681,394ManagementAndGeneralAmt
Fundraising$661,791FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$35,912,549TotalAmt
Program Services$30,057,081ProgramServicesAmt
Management And General$4,524,980ManagementAndGeneralAmt
Fundraising$1,330,488FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$14,404,659TotalAmt
Program Services$11,905,992ProgramServicesAmt
Management And General$1,802,799ManagementAndGeneralAmt
Fundraising$695,868FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$963,894TotalAmt
Program Services$576,684ProgramServicesAmt
Management And General$387,210ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$594,901TotalAmt
Management And General$594,901ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$80,000TotalAmt
Management And General$80,000ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$29,700TotalAmt
Fundraising$29,700FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$18,650,269TotalAmt
Program Services$16,418,825ProgramServicesAmt
Management And General$2,000,895ManagementAndGeneralAmt
Fundraising$230,549FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,456,531TotalAmt
Program Services$1,958,694ProgramServicesAmt
Management And General$294,612ManagementAndGeneralAmt
Fundraising$203,225FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$59,243,116TotalAmt
Program Services$57,930,587ProgramServicesAmt
Management And General$785,946ManagementAndGeneralAmt
Fundraising$526,583FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$10,529,712TotalAmt
Program Services$7,510,382ProgramServicesAmt
Management And General$3,012,129ManagementAndGeneralAmt
Fundraising$7,201FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$21,695,578TotalAmt
Program Services$20,729,103ProgramServicesAmt
Management And General$884,863ManagementAndGeneralAmt
Fundraising$81,612FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$18,101,092TotalAmt
Program Services$16,583,025ProgramServicesAmt
Management And General$730,688ManagementAndGeneralAmt
Fundraising$787,379FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,286,224TotalAmt
Program Services$1,205,112ProgramServicesAmt
Management And General$76,118ManagementAndGeneralAmt
Fundraising$4,994FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,315,609TotalAmt
Program Services$7,315,109ProgramServicesAmt
Management And General$1,000,500ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$42,084,594TotalAmt
Program Services$38,181,895ProgramServicesAmt
Management And General$3,902,699ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,767,044TotalAmt
Program Services$5,767,044ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Equipment and Maintenance$18,362,183$17,700,807$590,959$70,417
Printing and Publications$842,971$682,502$16,715$143,754
Postage and Shipping$655,953$367,930$60,116$227,907
UBTI$155,730$155,730

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$747,117,999TotalAmt
Program Services$685,410,691ProgramServicesAmt
Management And General$46,860,576ManagementAndGeneralAmt
Fundraising$14,846,732FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$135,546,423BOYAmt
EOY$121,634,876EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$65,929,494BOYAmt
EOY$60,187,915EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$27,274,559BOYAmt
EOY$31,650,028EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$19,739,865BOYAmt
EOY$18,077,634EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$508,645BOYAmt
EOY$567,732EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,125,133BOYAmt
EOY$5,308,618EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,497,297,135LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$721,172,055LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$736,902,038BOYAmt
EOY$776,125,080EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$469,844,008BOYAmt
EOY$559,722,221EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$587,787,174BOYAmt
EOY$620,827,630EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,616,531BOYAmt
EOY$7,832,786EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,057,273,870BOYAmt
EOY$2,201,934,520EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$88,251,942BOYAmt
EOY$85,532,488EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$38,413,440BOYAmt
EOY$39,259,564EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$174,570,784BOYAmt
EOY$162,493,078EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$161,362,330BOYAmt
EOY$157,593,188EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,876,855BOYAmt
EOY$22,511,202EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$491,475,351BOYAmt
EOY$467,389,520EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$478,169,300BOYAmt
EOY$524,297,000EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,087,629,219BOYAmt
EOY$1,210,248,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,565,798,519BOYAmt
EOY$1,734,545,000EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,057,273,870BOYAmt
EOY$2,201,934,520EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$92,864,174ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$88,495,789NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$12,613,482OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (true)VolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$80,000DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$80,000TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceII-B 1a, 1b 1gFormAndLineReferenceDesc
ExplanationMarquette 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.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$990,070,000BeginningYearBalanceAmt
Contributions$58,365,000ContributionsAmt
Investment Earnings Or Losses$136,001,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$23,811,806GrantsOrScholarshipsAmt
Other Expenditures$22,204,194OtherExpendituresAmt
End Year Balance$1,138,420,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$906,129,000BeginningYearBalanceAmt
Contributions$32,365,000ContributionsAmt
Investment Earnings Or Losses$94,981,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$22,649,346GrantsOrScholarshipsAmt
Other Expenditures$20,755,654OtherExpendituresAmt
End Year Balance$990,070,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$894,126,000BeginningYearBalanceAmt
Contributions$19,346,000ContributionsAmt
Investment Earnings Or Losses$35,017,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$21,879,621GrantsOrScholarshipsAmt
Other Expenditures$20,480,379OtherExpendituresAmt
End Year Balance$906,129,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$928,999,000BeginningYearBalanceAmt
Contributions$35,033,000ContributionsAmt
Investment Earnings Or Losses-$31,533,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$19,692,020GrantsOrScholarshipsAmt
Other Expenditures$18,680,980OtherExpendituresAmt
End Year Balance$894,126,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$715,805,000BeginningYearBalanceAmt
Contributions$34,520,000ContributionsAmt
Investment Earnings Or Losses$213,247,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$17,579,551GrantsOrScholarshipsAmt
Other Expenditures$16,993,449OtherExpendituresAmt
End Year Balance$928,999,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.11000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.89000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,636,024OtherCostOrOtherBasisAmt
Book Value$36,766,043BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,064,839,915OtherCostOrOtherBasisAmt
Depreciation$443,721,119DepreciationAmt
Book Value$621,118,796BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$179,275,931OtherCostOrOtherBasisAmt
Depreciation$137,700,546DepreciationAmt
Book Value$41,575,385BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$199,545,265OtherCostOrOtherBasisAmt
Depreciation$122,880,409DepreciationAmt
Book Value$76,664,856BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$776,125,080TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

FieldValueIRS element (for citing)
Book Value$9,003,475BookValueAmt
Method ValuationFMethodValuationCd

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Financial derivatives and other financial products$9,003,475F
Closely-held equity interests
Other Alternative Investments$595,607,135F
Real Estate Limited Partnerships$16,217,020F
FieldValueIRS element (for citing)
Total Book Value Securities$620,827,630TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
Federal income taxes
Payable to Other Beneficiaries$1,524,207
Refundable Federal Loans$17,255,315
Post Retirement Payable$3,731,680
FieldValueIRS element (for citing)
Total Liability$22,511,202TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$596,170,753TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$596,170,753RevenueSubtotalAmt
Other Revenues Not Included$243,811,420OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$243,811,420RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$839,982,173TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$503,306,579TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$503,306,579ExpensesSubtotalAmt
Other Expenses Not Included$243,811,420OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$243,811,420ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$747,117,999TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
III 1aThe 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, 2025, 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 the Joan of Arc chapel for any one loss occurrence and includes some appraised items from the library collections.
III 4The 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 4Endowment earnings are used for student scholarships, academic program support and general operations.
X 1The 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 1The 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, 2025 or 2024.
X 1As of June 30, 2025, the University has a federal tax credit carryforward of 1,301,143 which expires between fiscal years 2033 and 2043.
XI 4bTuition discount.
XII 4bTuition discount.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediafalsePlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
3The universitys non-discriminatory policy is accessible via link from the universitys homepage.
3The nondiscrimination policy is included in all major publications of Marquette University sent to prospective and incoming students who request information on attending Marquette. All undergraduate applications are made online the policy is stated on the applications as well, and is included in the Undergraduate Bulletins.
6aThe university receives a variety of federal and state grants.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtOfficesOfficesCntEmployeeEmployeeCnt
East Asia and the PacificProgram ServicesInternational Education$193,388
Europe Including Iceland and GreenlandProgram ServicesInternational Education$1,418,983
South AmericaProgram ServicesInternational Education$39,268
Sub-Saharan AfricaProgram ServicesInternational Education$99,16111
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Total Office1TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$1,750,800SubtotalSpentAmt
Total Spent$1,750,800TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
ScholarshipEast Asia and the Pacific17$193,388Cash, Wire
ScholarshipEurope Including Iceland and Greenland119$1,418,983Cash, Wire
ScholarshipSouth America3$39,268Cash, Wire
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I Line 2FormAndLineReferenceDesc
ExplanationStudents 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.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1Donald A Campbell & Company CampaignBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One East Wacker Drive Suite 2100AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
ActivityCampaign CounselActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Retained By Contractor$29,700RetainedByContractorAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$29,700TotalRetainedByContractorsAmt
All StatesAll StatesAllStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1STLEvent1Nm
Gross Receipts Event1$48,075GrossReceiptsEvent1Amt
Charitable Contri Event1$23,580CharitableContriEvent1Amt
Gross Revenue Event1$24,495GrossRevenueEvent1Amt
Food And Beverage Event1$24,495FoodAndBeverageEvent1Amt
Event2IWL GalaEvent2Nm
Gross Receipts Event2$62,475GrossReceiptsEvent2Amt
Charitable Contri Event2$33,440CharitableContriEvent2Amt
Gross Revenue Event2$29,035GrossRevenueEvent2Amt
Food And Beverage Event2$29,035FoodAndBeverageEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$64,006GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$18,719CharitableContriOtherEventsAmt
Gross Revenue Other Events$45,287GrossRevenueOtherEventsAmt
Food And Beverage Other Events$45,287FoodAndBeverageOtherEventsAmt
Gross Receipts Total$174,556GrossReceiptsTotalAmt
Charitable Contributions Tot$75,739CharitableContributionsTotAmt
Gross Revenue Total Events$98,817GrossRevenueTotalEventsAmt
Food And Beverage Total Events$98,817FoodAndBeverageTotalEventsAmt
Direct Expense Summary Events$98,817DirectExpenseSummaryEventsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I Line 2bFormAndLineReferenceDesc
ExplanationA portion of the university presidents duties consist of fundraising.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (47 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCd
Adam Procell LLC
2624 South 3rd StreetMilwaukeeWI53207994326783For Profit$14,500Other
Alzheimer's Association
620 South 76th Street Suite 160MilwaukeeWI53214391350965501c3$79,525Other
Aurora Health Care Inc
PO Box 734262ChicagoIL60603391442285501c3$50,036Other
Board of Regents-University of WI System-Madison
GAR Acct-ORSP Drawer 538MilwaukeeWI532780538396006492State of Wisconsin$253,009Research
Board of Regents-University of WI System-Madison
GAR Acct-ORSP Drawer 538MilwaukeeWI532780538396006492State of Wisconsin$236,556Other
Board of Regents-University of WI System-Milwaukee
PO Box 500MilwaukeeWI532010500396028867State of Wisconsin$52,105Research
Trustees of Boston College
Joyce House140 Commonwealth AveChestnut HillMA02467042103545501 c3$63,198Research
Carnegie Mellon University
5000 Forbes AvenuePittsburghPA15213250969449501 c3$177,868Research
Clearflame Engines Inc
2633 Kaneville CourtGenevaIL60134814067763For Profit$400,000Research
Confluency LLC
5215 North Ravenswood AveSte 305ChicagoIL62510842105508For Profit$46,879Research
CZERO Inc
1306 Blue Spruce DriveFort CollinsCO80524208175796For Profit$143,144Research
Data You Can Use Inc
1240 N 10th StreetMilwaukeeWI53205812533562501 c3$12,000Research
Florida State University
874 Traditions WayTallahasseeFL32306591961248501 c3$38,444Research
General Motors LLC
300 Renaissance CenterDetroitMI48265270383222For Profit$41,474Research
Georgia State University Research Foundation Inc
58 Edgewood Avenue NE 3rd FloorAtlantaGA30303581845423501 c3$86,138Research
Hofstra University
128 Hofstra UniversityHempsteadNY11549111630906501 c3$39,271Research
Indiana University
107 S Indiana AvenueBloomingtonIN47405356001673State of Indiana$332,905Research
Jacintopa Maria Muriel Garcia Leon
For Profit$325,963ResearchPuerto Caimito BarriadaLas PraderasCALLEPM
John Deere Shared Services Inc
3801 W Ridgeway AvenueWaterlooIA50701363387700For Profit$213,528Research
Lutheran Social Services
647 W Virginia StreetMilwaukeeWI532041535390816846501 c3$304,863Other
Medical College of Wisconsin
8701 Watertown Plank Rd POB 26509MilwaukeeWI532260509390806261501 c3$730,204Research
Medical College of Wisconsin
8701 Watertown Plank Rd POB 26509MilwaukeeWI532260509390806261501 c3$137,138Other
Mental Health America of Wisconsin
600 W Virginia Street Suite 502MilwaukeeWI53204390827843501 c3$56,320Research
Michigan Technological University
1400 Townsend DriveHoughtonMI49931386005955State of Michigan$16,681Research
New York University
50 West 4th StreetNew YorkNY10012131102020501 c3$59,907Research
Niron Magnetics Inc
650 Taft Street NE Suite 400MinneapolisMN55413464129306For Profit$24,820Research
NMC Inc
4200 W Jemez Road Suite 301Los AlamosNM87544260370262501 c3$77,756Research
North Carolina State University
Grants and Contracts Box 7214RaleighNC276957214566000756State of North Carol$7,330Research
Northwestern University
619 Clark StreetEvanstonIL60208362167817501 c3$145,404Research
Pacific Northwest University of Health Sciences
111 University Parkway Suite 202YakimaWA98901061744054501 c3$9,697Other
Precision Combustion Inc
410 Sackett Point RoadNorth HavenCT06473061184341For Profit$38,201Research
Rapid Radicals Technology LLC
2520 E Ohio AvenueMilwaukeeWI53207813651862For Profit$25,641Research
Raytheon Technologies Corporation
411 Silver LaneHartfordCT06118060570975For Profit$9,426Research
Remarkable Speech and Movement
Speech Pathology$8,800Research52 Anderson AvenuePananiaNSWAS
Rush University
1653 W Congress ParkwayChicagoIL606123833362174823501 c3$9,071Research
The Board of Trustees University of Illinois
809 South Marshfield Avenue 511 MBChicagoIL606127205376000511501 c3$8,243Research
Regents of the University of California San Fransisco
1855 Folsom Street Suite 425San FranciscoCA94143946036493State of California$23,412Research
Regents of the University of Michigan
500 S State StreetAnn ArborMI48109386006309501 c3$281,975Research
University of Akron
185 E Mill StreetAkronOH44325346002924State of Ohio$31,035Research
University of Delaware
Cashiers Office 30 Lovett AvenueNewarkDE19716516000297501 c3$45,498Research
University of Georgia Research Foundation Inc
310 E Campus Rd Tucker Hall Rm 411AthensGA30602581353149501 c3$139,252Research
University of Massachusetts Amherst
100 Venture Way Suite 201HadleyMA01035043167352Commonwealth of Mass$53,660Research
University of Miami
Research Admn PO Box 405803AtlantaGA303845803590624458501 c3$212,434Research
University of South Alabama
GrtsCont Acct 307 Univ Blvd AD 362MobileAL366880002630477348501 c3$17,574Research
University of Sydney
Public Research Univ$21,271Research71 Arundel St M Telfer Bldg K07GlebeNSWAS
University of Vermont and State Agricultural College
SPA 217 Waterman 85 S Prospect StBurlingtonVT054050160030179440501 c3$22,032Research
Virginia Polytechnic Institute and State University
800 Washington Street SWBlacksburgVA24061546001805Commonwealth of Virg$118,638Research
FieldValueIRS element (for citing)
Total501c3 Org37Total501c3OrgCnt
Total Other Org10TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
Undergraduate Competitive Scholarships7444$195,210,984
Undergraduate Noncompetitive Scholarships742$11,693,640
Financial Aid for Room and Board2157$17,668,413
Graduate Scholarships1641$17,586,744

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I Line 2The 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 1-4 cThe grants and/or financial assistance provided to the students are applied directly to the students account.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Discretionary Spending AcctYes (X)DiscretionarySpendingAcctInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
Dr James K Ah Yun
President / Acting President$571,965$96,900$201,025$371,956$77,435$1,319,281
Mr Joel S Pogodzinski
Treasurer$476,407$96,900$144,985$152,600$71,345$942,237
Mr Ian Gonzalez
Assistant Treasurer$338,047$221$27,600$41,990$407,858
Mr Steven Frieder
Secretary$171,577$271$14,056$20,712$206,616
Mr Ralph Weber
Assistant Secretary$364,930$339$31,656$396,925
Dr Michael R Lovell
Former President$322,583$3,294,865$26,250$11,864$3,655,562
Dr William E Cullinan
Dean Health Sciences$283,316$221$22,770$33,110$339,417
Mr Timothy McMahon
VP for University Advancement$425,845$100,000$119,138$77,600$46,437$769,020
Mr Sean Gissal
Chief Investment Officer$353,185$27,600$93,786$474,571
Mr Shaka Smart
Mens Basketball Head Coach$4,322,838$218,500$6,000$27,600$103,022$4,677,960
Ms Cara Consuegra
Womens Basketball Head Coach$280,001$4,000$443,508$21,333$21,002$769,844
Mr William G Scholl
VP Director Athletics$448,163$73,000$9,000$27,600$36,687$594,450
Mr DeAndre Haynes
Mens Basketball Assistant Coach$440,860$23,500$4,200$27,600$40,975$537,135
Mr Ryan Theis
Womens Volleyball Head Coach$349,678$44,000$19,551$27,600$43,077$483,906

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I Line 1aFirst class or charter travel is offered on a limited basis. Travel for companions is offered on a limited basis.
Part I Line 1aTax indemnification and gross-up payments are offered to university employees on a limited basis.
Part I Line 1aHealth and social club fees or initiation fees are offered on a limited basis.
Part II Line B iiBonuses are based on amounts approved by the Executive Committee of the Board of Trustees and/or per contract agreements.
Part II Line B iiiOther reportable compensation includes Board of Trustees approved or contractual payments for retention payments, auto allowances, club memberships, ticket discounts, moving expenses, tuition remission, cell phone allowances, new coach previous release contractual payment and compensation for the former president. Amounts for former president Dr. Lovell include board approved long-term compensation per employment agreement.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
WHEFA 2022
A39133785597712JFG32022-07-12$63,777,733Refunding WHEFA 2012falsefalsefalse
WHEFA 2019
B39133785597712D2S42019-10-22$52,142,669Construction projectfalsefalsefalse
WHEFA 2016
C39133785597712DTG12016-10-18$96,989,222Various construction projectsfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYr
A$9,175,000$63,777,733$63,165,085$612,649Yes (true)falseYes (true)Yes (true)
B$14,410,000$52,142,669$36,684,020$458,649Yes (true)falseYes (true)Yes (true)$15,017,5822020
C$13,100,000$96,989,222$41,791,398$749,787Yes (true)falseYes (true)Yes (true)$48,487,3322018

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ContractsEngageBondCounselContractsInd
Afalsefalsefalsefalse0.009600.021000.03060falsefalseYes (true)
Bfalsefalsefalsefalse0.008800.00880falsefalseYes (true)
CfalsefalseYes (true)false0.007700.041100.04880falsefalseYes (true)false

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)
BfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)
CfalseYes (true)falseYes (true)falsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart IV Line 2cCFormAndLineReferenceDesc
ExplanationRebate Computation Date 09/13/21ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonDr James K Ah YunPersonNm
Relationship With OrgPresident / TrusteeRelationshipWithOrgTxt
Loan PurposeRetentionLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$1,000,000OriginalPrincipalAmt
Balance Due$1,000,000BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$1,000,000TotalBalanceDueAmt

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxtCash GrantCashGrantAmtAssistance PurposeAssistancePurposeTxt
Various
Employee$145,845Tuition Remission
Various
Marquette Trustee$32,000Merit Based Scholarship

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
Mr Tim M Bergstrom
Marquette Trustee$245,048Automotive Purchasesfalse
Mr Patrick S Lawton
Marquette Trustee$129,539Investment Feesfalse
Mr Kevin L Frisinger
Marquette Trustee$129,539Investment Feesfalse

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part IV Line 1 bPresident and Chief Executive Officer Bergstrom Automotive.
Part IV Line 1 bThe university made payments to Bergstrom Automotive.
Part IV Line 2 bManaging Director of Fixed Income Capital Markets Robert W. Baird Co
Part IV Line 2 bThe university paid investment fees to Robert W. Baird Co.
Part IV Line 3 bVice President Senior Investment Consultant Robert W. Baird Co.
Part IV Line 3 bThe university paid investment fees to Robert W. Baird Co.
Part IV Line 1 - 3All transactions with related parties are at arms length and in the normal course of university business.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution7ContributionCnt
Noncash Contributions Rpt F990$19,503NoncashContributionsRptF990Amt
Method Of Determining RevenuesValue of Donated PropertyMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution416ContributionCnt
Noncash Contributions Rpt F990$32,429,080NoncashContributionsRptF990Amt
Method Of Determining RevenuesSee Part IIMethodOfDeterminingRevenuesTxt

Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$12,225NoncashContributionsRptF990Amt
Method Of Determining RevenuesValue of Donated PropertyMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Auction79$17,209Value of Donated Property
Yes (X)Equipment/Construction Materials7$124,464Value of Donated Property
Yes (X)Food / Catering10$29,685Value of Donated Property
Yes (X)Travel / Other1$7,569Value of Donated Property
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I Line 9FormAndLineReferenceDesc
ExplanationThe 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.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 1Marquette 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, thefostering 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 1Excellence Our students, whether traditional or non-traditional, undergraduate, graduate or professional, come to Marquette University to share our commitmentto the pursuit of excellence in all things as a lifelong endeavor. They come to joina 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 1As 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 ecumenicaloutlook, 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 1Leadership 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, whoseresearch 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 1Service 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 1Marquette 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 andbehaviors in our lives and our work to serve the greater glory of God.
Form 990, Part III, Line 1Pledge 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 improveourselves, 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 4dProgram Services Expenses 121,089,601, Grants and Allocations 0, Revenue 116,241,580 Auxiliary Enterprises Expenses 51,817,862, Grants and Allocations 0, Revenue 67,875,845 Research-Expenses 63,681,392, Grants and Allocations 0, Revenue 48,365,735 Public Service Expenses 5,590,347, Grants and Allocations 0, Revenue 0
Form 990, Part III, Section C, Line 19Governing documents, conflict of interest policy and financial statements are available upon request.
Form 990, Part IV, Section A, Line 2Some trustees serve on the same boards for other non-profit entities.
Form 990, Part IV, Section B, Line 11bThe completed Form 990 was reviewed by the corporate officers and Finance and Risk committee in April 2026. Complete copies of the Form 990 were then provided to the Board of Trustees in April 2026. The chair of that committee presented the form to the Full Board of Trustees.
Form 990, Part IV, Section B, Line 12cTrustees and employees are required annually to disclose possible material interests and affiliations
Form 990, Part IV, Section B, Line 15a, 15bThe 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 VII, Section A, Line 2The university annually pays the 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 9Other changes in net assets consists of adjustments to allowance for uncollectible pledges, severances and other changes.