Nonprofit · EIN 35-0867977
BUTLER UNIVERSITY
Tax-exempt · INDIANAPOLIS, IN 46208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $365,379,403 | $356,661,781 | $8,717,622 | $792,307,471 | $226,923,556 | $565,383,915 |
| May 31, 2024 | 990 | $320,717,458 | $336,135,762 | -$15,418,304 | $756,218,829 | $228,181,929 | $528,036,900 |
| May 31, 2023 | 990 | $290,631,334 | $315,766,024 | -$25,134,690 | $746,589,667 | $244,329,535 | $502,260,132 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $57,798,383
- of which government grants
- $1,073,469
- Program service revenue
- $294,118,371
- Investment income
- $13,348,671
- Net rental income
- $103,883
- Net gain from sales of assets
- $15,722,858
- Net income from fundraising events
- $10,095
- Other revenue
- $113,978
Expenses
- Grants and similar amounts paid
- $95,582,960
- Compensation of officers, directors and key employees
- $1,691,770
- Other salaries and wages
- $101,956,241
- Salaries, compensation and benefits (total)
- $141,157,583
- Professional fundraising fees
- $0
- Legal fees
- $316,682
- Accounting fees
- $238,877
- Occupancy
- $10,277,085
- Travel
- $12,548,178
- Depreciation
- $27,365,629
- Program services (functional)
- $302,066,159
- Management and general (functional)
- $50,160,688
- Fundraising (functional)
- $4,434,934
Balance sheet and other
- Total assets, start of year
- $756,218,829
- Total assets, end of year
- $792,307,471
- Total liabilities, end of year
- $226,923,556
- Net assets, end of year
- $565,383,915
- Land, buildings and equipment
- $297,308,050
- Publicly traded securities
- $121,223,228
- Net assets without donor restrictions
- $216,969,538
- Net assets with donor restrictions
- $348,414,377
- Gross unrelated business income
- $1,159,509
- Gross receipts
- $447,118,257
- Employees
- 3,749
- Volunteers
- 1,000
- Year formed
- 1850
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Thad Matta | Men's Basketball Head Coach Highest-paid employee | 50 | $2,649,530 | $52,611 |
| James Danko | President Officer | 50 | $925,823 | $66,131 |
| Brooke Barnett | Provost/EVP - Academic Affairs Highest-paid employee | 50 | $346,201 | $53,204 |
| Claire Aigotti | General Counsel/Asst Secretary Officer | 50 | $289,713 | $94,224 |
| Austin Parkinson | Women's Basketball Coach Highest-paid employee | 50 | $319,717 | $49,537 |
| Bruce Arick | EVP - Finance & Admin/COO/Asst Treas. Officer | 50 | $315,437 | $50,166 |
| Michael Pegues | Men's Basketball Assistant Coach Highest-paid employee | 50 | $313,285 | $43,401 |
| Grant Leiendecker | VP and Athletics Director Highest-paid employee | 50 | $305,565 | $48,058 |
| Susan Westermeyer | Controller/Asst Treasurer Officer | 50 | $148,104 | $28,405 |
| Chris Gahl | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Howard Schrott | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Jana Brost | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Jeff Blade | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Aaron Schamp | Trustee Trustee or director | 1 | $0 | $0 |
| Amy Wierenga | Trustee Trustee or director | 1 | $0 | $0 |
26 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Greenlee | Trustee Trustee or director | 1 | $0 |
| Anthony Murdock | Trustee Trustee or director | 1 | $0 |
| Bob Wildman | Trustee Trustee or director | 1 | $0 |
| Brian Stemme | Trustee Trustee or director | 1 | $0 |
| Bryan Brenner | Trustee Trustee or director | 1 | $0 |
| Chad Pingel | Trustee Trustee or director | 1 | $0 |
| Chris Miskel | Trustee Trustee or director | 1 | $0 |
| Delia Askew | Trustee Trustee or director | 1 | $0 |
| Gary Butkus | Trustee Trustee or director | 1 | $0 |
| Jane Magnus-Stinson | Trustee Trustee or director | 1 | $0 |
| Jatinder-Bir Singh Sandhu | Trustee Trustee or director | 1 | $0 |
| Jay Love | Trustee Trustee or director | 1 | $0 |
| Joe Eaton | Trustee Trustee or director | 1 | $0 |
| Joy Mason | Trustee Trustee or director | 1 | $0 |
| Judith Thomas | Trustee Trustee or director | 1 | $0 |
| Kathy Martin Harrison | Trustee Trustee or director | 1 | $0 |
| Keith Faller | Trustee Trustee or director | 1 | $0 |
| Lynne Zydowsky | Trustee Trustee or director | 1 | $0 |
| Mark Minner | Trustee Trustee or director | 1 | $0 |
| Michael Hole | TRUSTEE Trustee or director | 1 | $0 |
| P Scott Bening | Trustee Trustee or director | 1 | $0 |
| Rebecca Graham Paul | Trustee Trustee or director | 1 | $0 |
| Rollin Dick | Trustee Trustee or director | 1 | $0 |
| Steve Sterrett | Trustee Trustee or director | 1 | $0 |
| Thomas Fischer | Trustee Trustee or director | 1 | $0 |
| Alan Finn | EVP-Finance and Administration/COO (Beg 3/25) Officer | 50 | $0 |
990 for the year ended May 31, 2024: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Thad Matta | Men's Basketball Coach Highest-paid employee | 50 | $2,636,040 | $53,065 |
| James Danko | President Officer | 50 | $934,831 | $64,768 |
| Barry Collier | VP and Athletics Director Highest-paid employee | 50 | $403,216 | $46,358 |
| Brooke Barnett | Provost/VP - Academic Affairs Highest-paid employee | 50 | $332,953 | $51,840 |
| Jonathan Purvis | VP - Advancement Highest-paid employee | 50 | $330,193 | $46,826 |
| Austin Parkinson | Women's Basketball Coach Highest-paid employee | 50 | $339,613 | $36,740 |
| Bruce Arick | VP - Finance & Admin/Asst Treas. Officer | 50 | $302,595 | $48,773 |
| Claire Aigotti | General Counsel/Asst Secretary Officer | 50 | $288,637 | $46,763 |
| Susan Westermeyer | Controller/Asst Treasurer Officer | 50 | $140,613 | $27,730 |
| Amy Wierenga | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Jana Brost | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Jeff Blade | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Steve Sterrett | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Aaron Schamp | Trustee Trustee or director | 1 | $0 | $0 |
| Andrew Greenlee | Trustee Trustee or director | 1 | $0 | $0 |
| Bill Soards | Trustee Trustee or director | 1 | $0 | $0 |
| Bob Wildman | Trustee Trustee or director | 1 | $0 | $0 |
| Brian Stemme | Trustee Trustee or director | 1 | $0 | $0 |
| Bryan Brenner | Trustee Trustee or director | 1 | $0 | $0 |
| Chad Pingel | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Gahl | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Miskel | Trustee Trustee or director | 1 | $0 | $0 |
| Gary Butkus | Trustee Trustee or director | 1 | $0 | $0 |
| Howard Schrott | Trustee Trustee or director | 1 | $0 | $0 |
| Jane Magnus-Stinson | Trustee Trustee or director | 1 | $0 | $0 |
| Jatinder-Bir Singh Sandhu | Trustee Trustee or director | 1 | $0 | $0 |
| Jay Love | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Eaton | Trustee Trustee or director | 1 | $0 | $0 |
| Joy Mason | Trustee Trustee or director | 1 | $0 | $0 |
| Judith Thomas | Trustee Trustee or director | 1 | $0 | $0 |
| Kathy Martin Harrison | Trustee Trustee or director | 1 | $0 | $0 |
| Keith Faller | Trustee Trustee or director | 1 | $0 | $0 |
| Lynne Zydowsky | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Minner | Trustee Trustee or director | 1 | $0 | $0 |
| P Scott Bening | Trustee Trustee or director | 1 | $0 | $0 |
| Rebecca Graham Paul | Trustee Trustee or director | 1 | $0 | $0 |
| Rollin Dick | Trustee Trustee or director | 1 | $0 | $0 |
| Ron Langston | Trustee Trustee or director | 1 | $0 | $0 |
| Sharon Myers | Trustee Trustee or director | 1 | $0 | $0 |
| Thomas Fischer | Trustee Trustee or director | 1 | $0 | $0 |
| Tracy Stevens | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2023: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAVALL JORDAN END 4122 | MEN'S BASKETBALL COACH Highest-paid employee | 50 | $2,318,038 | $36,326 |
| THAD MATTA BEG 4322 | MEN'S BASKETBALL COACH Highest-paid employee | 50 | $1,966,014 | $22,841 |
| JAMES DANKO | PRESIDENT Officer | 50 | $791,993 | $59,430 |
| KURT GODLEVSKE END 4522 | WOMEN'S BASKETBALL COACH Highest-paid employee | 50 | $454,224 | $14,850 |
| BARRY COLLIER | VP AND ATHLETICS DIRECTOR Highest-paid employee | 50 | $382,958 | $45,315 |
| BROOKE BARNETT | PROVOST/VP - ACADEMIC AFFAIRS Highest-paid employee | 50 | $320,000 | $41,032 |
| BRUCE ARICK | VP-FINANCE & ADMIN/ASST TREAS. Officer | 50 | $291,707 | $45,146 |
| CLAIRE AIGOTTI | GENERAL COUNSEL/ASST SECRETARY Officer | 50 | $274,813 | $43,610 |
| SUSAN WESTERMEYER | CONTROLLER/ASST TREASURER Officer | 50 | $133,294 | $26,000 |
| AARON SCHAMP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMY WIERENGA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREW GREENLEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL SOARDS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BOB WILDMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRIAN STEMME | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRYAN BRENNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS GAHL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS MISKEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GARY BUTKUS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HOWARD SCHROTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANA BROST | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JANE MAGNUS-STINSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAY LOVE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JATINDER-BIR SINGH SANDHU | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF BLADE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOE EATON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH THOMAS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHY MARTIN HARRISON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHRYN BETLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH FALLER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LYNNE ZYDOWSKY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK MINNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL HOLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| P SCOTT BENING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REBECCA GRAHAM PAUL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROLLIN DICK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RON LANGSTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHARON MYERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE STERRETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS FISCHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TONYA COMBS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TRACY STEVENS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4600 SUNSET AVE, INDIANAPOLIS, IN 46208-3443
- In care of
- % BUTLER UNIV BUSINESS OFFICE
- Mailing address (990-N for 2013)
- 4600 Sunset Ave, Indianapolis IN 46208
- Principal officer (990 for 2024)
- ALAN FINN, 4600 SUNSET AVENUE, INDIANAPOLIS, IN 46208
- Principal officer (990-N for 2013)
- Jennifer Lamonica, 1681 Old Mission Cove, Indianapolis IN 46280
- Signed the 990
- BRUCE E ARICK, VP - FINANCE
- Phone
- (317) 940-9779
- Website
- WWW.BUTLER.EDU
- Return prepared by
- Forvis Mazars LLP
Mission
BUTLER UNIVERSITY, FOUNDED ON IDEALS OF EQUITY AND ACADEMIC EXCELLENCE, CREATES AND FOSTERS A COLLABORATIVE, STIMULATING INTELLECTUAL LEARNING ENVIRONMENT. WE ARE INSPIRED TO BOLDLY INNOVATE AND BROADLY EDUCATE, ENRICHING COMMUNITIES AND PREPARING ALL LEARNERS TO LEAD MEANINGFUL LIVES.
Program accomplishments
- EDUCATION: BUTLER UNIVERSITY DELIVERS AN OUTSTANDING EDUCATION STEEPED IN THE LIBERAL ARTS AND COUPLED WITH EXPERIENTIAL LEARNING OPPORTUNITIES THAT INCLUDE INTERNSHIPS, STUDY ABROAD, SERVICE PROJECTS, AND SCHOLARLY RESEARCH. THROUGH THIS COMPREHENSIVE APPROACH, WE PREPARE STUDENTS TO STEP DIRECTLY INTO A CAREER OR GRADUATE SCHOOL WITH CONFIDENCE. THE UNIVERSITY'S MOST RECENT PLACEMENT RATE WAS 98 PERCENT, INCLUDING 25 PERCENT THAT WENT ON TO ATTEND GRADUATE SCHOOL OR PARTICIPATE IN A GAP-YEAR PROGRAM. IN ITS RANKINGS FOR 2026, U.S. NEWS AND WORLD REPORT NAMED BUTLER THE NO. 1 SCHOOL AMONG MIDWEST REGIONAL UNIVERSITIES FOR THE EIGHTH CONSECUTIVE YEAR AND THE MOST INNOVATIVE SCHOOL IN THE MIDWEST FOR THE ELEVENTH CONSECUTIVE YEAR. THE UNIVERSITY ALSO WAS LISTED AMONG THE BEST FOR UNDERGRADUATE TEACHING, FIRST-YEAR EXPERIENCES, AND STUDY ABROAD. AUXILIARY: BUTLER ARTS AND EVENTS CENTER (BAEC): BUTLER ARTS AND EVENTS CENTER IS A HOME FOR PASSION, CREATIVITY, EDUCATION, AND THE HIGHEST CALIBER OF PROFESSIONAL AND STUDENT PERFORMANCES. WITH OVER 300 STUDENT, FACULTY, AND PROFESSIONAL PERFORMANCES EACH YEAR, BAEC INCLUDES CLOWES MEMORIAL HALL, SCHROTT CENTER FOR THE ARTS, SHELTON AUDITORIUM, THE KRANNERT ROOM, EIDSON-DUCKWALL RECITAL HALL, AND LILLY HALL STUDIO THEATRE AND IS A DESTINATION FOR EXCEPTIONAL ARTS AND ENTERTAINMENT EXPERIENCES AND AN INCUBATOR FOR OUTSTANDING ARTS PROFESSIONALS. HEALTH AND RECREATION COMPLEX: A HEALTH AND RECREATION COMPLEX THAT IS EQUIPPED WITH RECREATION COURTS, AN INDOOR JOGGING TRACK, AN AQUATICS AREA, A WEIGHT AND FITNESS SPACE, AND LOUNGE OPENED IN FALL 2006. STUDENTS ENROLLED IN AT LEAST 12 CREDIT HOURS ARE AUTOMATIC MEMBERS. MEMBERSHIP IS ALSO AVAILABLE TO UNIVERSITY FACULTY, STAFF, ALUMNI, AND A LIMITED NUMBER OF COMMUNITY MEMBERS. ATHLETICS: BUTLER UNIVERSITY PARTICIPATES IN INTERCOLLEGIATE ATHLETICS AT THE NCAA DIVISION I LEVEL. NINETEEN OF BUTLER'S 20 TEAMS COMPETE IN THE BIG EAST, WHILE THE FOOTBALL PROGRAM IS A MEMBER OF THE PIONEER FOOTBALL LEAGUE. THE BULLDOGS HAVE A LONG HISTORY OF ATHLETIC SUCCESS, INCLUDING BACK-TO-BACK TRIPS TO THE NCAA DIVISION I MEN'S BASKETBALL NATIONAL CHAMPIONSHIP GAME IN 2010 AND 2011, AND THE UNIVERSITY IS HOME TO ONE OF THE NATION'S GREAT INTERCOLLEGIATE BASKETBALL FACILITIES, HINKLE FIELDHOUSE. FOR MORE INFORMATION ABOUT BUTLER ATHLETICS, VISIT WWW.BUTLERSPORTS.COM. ROOM AND BOARD: BUTLER STUDENTS CAN CHOOSE FROM A NUMBER OF HOUSING OPTIONS, INCLUDING A RESIDENTIAL APARTMENT VILLAGE FOR JUNIORS AND SENIORS, AN APARTMENT-STYLE RESIDENCE HALL, TWO COEDUCATIONAL RESIDENCE HALLS, AND 13 FRATERNITIES AND SORORITIES. A 660-BED MODERN, SUITE-STYLE HOUSING FACILITY - PREDOMINATELY FOR SOPHOMORES - OPENED IN FALL 2016, AND A 647-BED, SUITE-STYLE RESIDENCE HALL FOR FIRST-YEAR STUDENTS OPENED IN FALL 2018. ALL BUTLER UNDERGRADUATES ARE REQUIRED TO LIVE ON CAMPUS FOR SIX ACADEMIC YEAR SEMESTERS.Expenses $302,066,159 · grants $95,582,960 · revenue $294,118,371
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 35-0867977
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1938
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $792,307,471
- Income (IRS master file)
- $447,118,257
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $365,379,403 | $356,661,781 | $792,307,471 | XML |
| 990-T | May 2025 | – | – | – | IRS |
| 990 | May 2024 | $320,717,458 | $336,135,762 | $756,218,829 | XML |
| 990-T | May 2024 | – | – | – | IRS |
| 990 | May 2023 | $290,631,334 | $315,766,024 | $746,589,667 | XML |
| 990-T | May 2023 | – | – | – | IRS |
| 990 | May 2022 | $355,703,084 | $295,848,004 | $771,199,903 | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: Jennifer Lamonica | May 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-0867977).
Questions about BUTLER UNIVERSITY
- What is the EIN of BUTLER UNIVERSITY?
- The employer identification number (EIN) of BUTLER UNIVERSITY is 35-0867977.
- Is BUTLER UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
- Are donations to BUTLER UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUTLER UNIVERSITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BUTLER UNIVERSITY due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUTLER UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of BUTLER UNIVERSITY?
- The 990 for the year ended May 31, 2025 names ALAN FINN.
- Who are the officers and directors of BUTLER UNIVERSITY?
- The 990 for the year ended May 31, 2025 lists 41 people; 9 received compensation from the organization, the highest $2,649,530 (Thad Matta, Men's Basketball Head Coach).
- How much revenue does BUTLER UNIVERSITY have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $365,379,403, expenses of $356,661,781 and total assets of $792,307,471 at year end.
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