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Nonprofit · EIN 37-0706154

MILLIKIN UNIVERSITY

Tax-exempt · DECATUR, IL 62522

Financials

$94.5M$96.4M2022$88.4M$89.9M2023$69.8M$74.8M2024
Revenue Expenses · by fiscal year end
Financials of MILLIKIN UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$69,821,809$74,841,027-$5,019,218$240,985,427$43,209,724$197,775,703
June 30, 2024990$88,431,281$89,945,665-$1,514,384$241,732,894$33,494,126$208,238,768
June 30, 2023990$94,490,294$96,433,548-$1,943,254$248,601,205$35,100,505$213,500,700
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$14,269,570
of which government grants
$3,241,816
Program service revenue
$43,983,794
Investment income
$11,143,470
Net rental income
$17,500
Net gain from sales of assets
$3,402,004
Net income from fundraising events
-$12,555
Other revenue
$424,975

Expenses

Grants and similar amounts paid
$20,004,599
Compensation of officers, directors and key employees
$1,375,084
Other salaries and wages
$17,552,950
Salaries, compensation and benefits (total)
$26,797,841
Professional fundraising fees
$0
Occupancy
$2,418,655
Travel
$1,269,818
Depreciation
$6,206,504
Program services (functional)
$65,786,681
Management and general (functional)
$7,869,284
Fundraising (functional)
$1,185,062

Balance sheet and other

Total assets, start of year
$241,732,894
Total assets, end of year
$240,985,427
Total liabilities, end of year
$43,209,724
Net assets, end of year
$197,775,703
Land, buildings and equipment
$124,526,016
Publicly traded securities
$72,054,398
Net assets without donor restrictions
$105,050,328
Net assets with donor restrictions
$92,725,375
Gross unrelated business income
$34,744
Gross receipts
$71,309,305
Employees
1,157
Volunteers
1,000
Year formed
1901
State of legal domicile
IL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JAMES M REYNOLDSPRESIDENT (THRU 06/30/25)
Officer
40$319,740$32,309
SARAH M KOTTICHEVP & CHIEF STRATEGY OFFICER
Officer
40$243,925$24,600
MARY M BLACKPROVOST (THRU 06/30/25)
Officer
40$141,555$23,493
AMY M BESSERASST VP OF FINANCIAL SVC
Highest-paid employee
40$129,848$20,380
WALLACE SOUTHERLANDVP OF STUDENT AFFAIRS
Officer
40$140,000$7,403
ERIK K SCHROEDERDIRECTOR OF IT
Highest-paid employee
40$138,000$7,409
GINA L BIANCHIVP OF ALUMNI & DEV. (THRU 1/31/25)
Officer
40$132,482$11,062
STACEY L HUBBARDASST VP OF ADMIN SVC (THRU 10/15/24)
Highest-paid employee
40$129,167$10,546
CRAIG C WHITEATHLETIC DIRECTOR (THRU 02/28/25)
Officer
40$112,944$19,708
RICHARD P PODESCHIDEAN, TABOR SCHOOL
Highest-paid employee
40$116,363$14,232
TODD RAYCHIEF HR OFFICER
Highest-paid employee
40$112,393$11,218
SILOTTO JODIVP OF ENROLL/MKTG
Officer
40$102,680$9,814
MARGARET RICHTMANVP OF MKTG (THRU 4/30/24)
Officer
40$49,875$2,165
TANYA ANDRICKSTRUSTEE
Trustee or director
1$0$0
RANDY BLACKBURNTRUSTEE
Trustee or director
1$0$0
23 more people on this return
NameTitleHours / weekCompensation
RON BRANCHTRUSTEE
Trustee or director
1$0
LEONARD BRINSONTRUSTEE
Trustee or director
1$0
JEROME BROWNTRUSTEE
Trustee or director
1$0
JESSE CHESTERTRUSTEE
Trustee or director
1$0
SHERI EICHELBERGERTRUSTEE
Trustee or director
1$0
BOB GIVENSTRUSTEE
Trustee or director
1$0
LISA GRIEBELTRUSTEE
Trustee or director
1$0
MATT GUFFEYTRUSTEE
Trustee or director
1$0
AMY KEMPTRUSTEE
Trustee or director
1$0
JOHN KRUEPTRUSTEE
Trustee or director
1$0
ELIZABETH KUBALTRUSTEE
Trustee or director
1$0
ROSALIND LEECKTRUSTEE
Trustee or director
1$0
JEFF LILLYTRUSTEE
Trustee or director
1$0
CASE MCGEETRUSTEE
Trustee or director
1$0
KEVIN MCGREEVEYTRUSTEE
Trustee or director
1$0
CHRIS OLSENTRUSTEE
Trustee or director
1$0
LARRY OSBORNETRUSTEE
Trustee or director
1$0
DARREN REYNOLDSTRUSTEE
Trustee or director
1$0
JAY SCHLEPPENBACHTRUSTEE
Trustee or director
1$0
DAVID SCHRODTTRUSTEE
Trustee or director
1$0
FATHER NICK SMITHTRUSTEE
Trustee or director
1$0
KATHY THOMFORDETRUSTEE
Trustee or director
1$0
ZACH UTTICHTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 36 people
NameTitleHours / weekCompensationOther / benefits
REYNOLDS JAMES MPRESIDENT
Officer
40$390,918$58,589
KOTTICH SARAH MEVP AND CHIEF STRATEGY OFFICER
Officer
40$253,824$11,354
BLACK MARY MPROVOST
Officer
40$141,546$20,658
BIANCHI GINA LVP OF ALUMNI AND DEVELOPMENT
Officer
40$131,964$13,613
SCHROEDER ERIK KDIRECTOR OF IT
Highest-paid employee
40$126,042$6,868
PODESCHI RICHARD PDEAN, TABOR SCHOOL
Highest-paid employee
40$116,363$13,030
HUBBARD STACEY LASST VP OF ADMIN SERVICES
Highest-paid employee
40$114,764$12,992
WHITE CRAIG CATHLETIC DIRECTOR
Officer
40$108,002$18,597
CURTIN NANCY JDEAN, COLLEGE OF ARTS AND SCIENCES
Highest-paid employee
40$110,587$12,746
MUNOZ JOSEPH MARK SASSOCIATE PROFESSOR
Highest-paid employee
40$101,000$5,370
SOUTHERLAND WALLACE AS OF 723VICE PRESIDENT OF STUDENT AFFAIRS
Officer
40$70,000$3,022
RICHTMAN MARGARET AS OF 923VICE PRESIDENT OF MARKETING
Officer
40$44,970$2,078
TANYA ANDRICKSTRUSTEE
Trustee or director
1$0$0
RANDY BLACKBURNTRUSTEE
Trustee or director
1$0$0
RON BRANCHTRUSTEE
Trustee or director
1$0$0
LEONARD BRINSONTRUSTEE
Trustee or director
1$0$0
CINDY DEADRICK-WOLFERTRUSTEE
Trustee or director
1$0$0
SHERI EICHELBERGERTRUSTEE
Trustee or director
1$0$0
BOB GIVENSTRUSTEE
Trustee or director
1$0$0
JIM GRADYTRUSTEE
Trustee or director
1$0$0
MATT GUFFEYTRUSTEE
Trustee or director
1$0$0
STEVE HORVETRUSTEE
Trustee or director
1$0$0
AMY KEMPTRUSTEE
Trustee or director
1$0$0
ROZ LEECKTRUSTEE
Trustee or director
1$0$0
JEFF LILLYTRUSTEE
Trustee or director
1$0$0
CASE MCGEETRUSTEE
Trustee or director
1$0$0
KEVIN MCGREEVEYTRUSTEE
Trustee or director
1$0$0
CHRIS OLSENTRUSTEE
Trustee or director
1$0$0
LARRY OSBORNETRUSTEE
Trustee or director
1$0$0
DARREN REYNOLDSTRUSTEE
Trustee or director
1$0$0
JAY SCHLEPPENBACHTRUSTEE
Trustee or director
1$0$0
JOHN SKEFFINGTONTRUSTEE
Trustee or director
1$0$0
FATHER NICK SMITHTRUSTEE
Trustee or director
1$0$0
KATHY THOMFORDETRUSTEE
Trustee or director
1$0$0
ZACH UTTICHTRUSTEE
Trustee or director
1$0$0
SILOTTO JODI AS OF 0424VICE PRESIDENT
Officer
40$0$0
990 for the year ended June 30, 2023: 39 people
NameTitleHours / weekCompensationOther / benefits
JAMES REYNOLDSPRESIDENT
Officer
40$282,436$32,469
RUBY JAMES END 41523VP FINANCE
Officer
40$163,943$25,022
MARY BLACKPROVOST
Officer
40$141,514$23,532
GINA BIANCHIVP DEVELOPMENT
Officer
40$131,964$15,984
ELIZABETH GEPHARTINTERIM DEAN
Highest-paid employee
40$113,822$19,964
RAPHAELLA PRANGE END 61523VP STUDENT LIFE
Officer
40$110,641$21,678
RICHARD PODESCHIDEAN
Highest-paid employee
40$115,973$13,343
CRAIG WHITEDIRECTOR OF ATHLETICS
Officer
40$108,002$21,247
LAURA LEDFORDDEAN
Highest-paid employee
40$111,924$13,059
AUDRA TRUMPASSISTANT PROFESSOR
Highest-paid employee
40$103,557$19,322
SARAH SHUPENUS END 93022VP ENROLLMENT
Officer
40$102,973$17,330
STACEY HUBBARDDEAN
Highest-paid employee
40$104,414$12,831
BENJAMIN ANDREASTRUSTEE
Trustee or director
1$0$0
TANYA ANDRICKSTRUSTEE
Trustee or director
1$0$0
RANDELL BLACKBURNTRUSTEE
Trustee or director
1$0$0
RONALD BRANCHTRUSTEE
Trustee or director
1$0$0
LEONARD BRINSONTRUSTEE
Trustee or director
1$0$0
MICHAEL CANTYTRUSTEE
Trustee or director
1$0$0
CINDY DEADRICK WOLFERTRUSTEE
Trustee or director
1$0$0
SHERI EICHELBERGERTRUSTEE
Trustee or director
1$0$0
ROBERT GIVENSTRUSTEE
Trustee or director
1$0$0
JAMES GRADYTRUSTEE
Trustee or director
1$0$0
MATTHEW GUFFEYTRUSTEE
Trustee or director
1$0$0
STEVE HORVE JRTRUSTEE
Trustee or director
1$0$0
KARA DEMIRJIAN HUSSTRUSTEE
Trustee or director
1$0$0
AMY JOHNSON KEMPTRUSTEE
Trustee or director
1$0$0
ROSALIND LEECKTRUSTEE
Trustee or director
1$0$0
JEFFERSON LILLY IITRUSTEE
Trustee or director
1$0$0
CASE MCGEETRUSTEE
Trustee or director
1$0$0
KEVIN MCGREEVEYTRUSTEE
Trustee or director
1$0$0
CHRIS OLSENTRUSTEE
Trustee or director
1$0$0
DR LARRY OSBORNETRUSTEE
Trustee or director
1$0$0
SUE PILLINGTRUSTEE
Trustee or director
1$0$0
JOHN SCHLEPPENBACHTRUSTEE
Trustee or director
1$0$0
JOHN SKEFFINGTONTRUSTEE
Trustee or director
1$0$0
FATHER NICHOLAS SMITHTRUSTEE
Trustee or director
1$0$0
DR KATHY THOMFORDETRUSTEE
Trustee or director
1$0$0
JOSHUA WARRENTRUSTEE
Trustee or director
1$0$0
SARAH KOTTICH START 11623EXECUTIVE VICE PRESIDENT
Officer
40$0$0

Address and contacts

Address (IRS master file)
1184 W MAIN ST, DECATUR, IL 62522-2039
Principal officer (990 for 2024)
JAMES REYNOLDS, 1184 WEST MAIN STREET, DECATUR, IL 625222084
Signed the 990
SARAH KOTTICH, EXECUTIVE VICE PRESIDENT
Phone
(217) 424-6313
Return prepared by
SIKICH LLC

Mission

FOR ALL WHO ASPIRE TO ACHIEVE, MILLIKIN DELIVERS ON THE PROMISE OF EXCELLENCE IN EDUCATION. THROUGH THE INTEGRATION OF THEORY & PRACTICE, WE PREPARE STUDENTS FOR PROFESSIONAL SUCCESS, DEMOCRATIC CITIZENSHIP IN A GLOBAL ENVIRONMENT & A PERSONAL LIFE OF MEANING AND VALUE.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTION - COST OF ALL INSTRUCTIONAL ACTIVITIES, INCLUDING SCHOLARSHIPS AND GRANTS, FACULTY SALARIES AND FRINGE BENEFITS, CLASSROOM SUPPLIES AND EQUIPMENT, AND OTHER INSTRUCTIONAL EXPENSES.
    Expenses $44,369,507 · grants $20,004,599 · revenue $37,987,084
  • AUXILIARY EXPENSES - COST OF DINING SERVICES AND RESIDENCE HALL OPERATIONS.
    Expenses $8,052,514 · revenue $5,675,377
  • STUDENT SERVICES - COST OF STUDENT DEVELOPMENT OFFICE, ADMISSIONS, REGISTRAR, FINANCIAL AID, CHAPLAIN, CHOIR, BAND, KIRKLAND FINE ARTS CENTER PROGRAMS, AND INTERCOLLEGIATE ATHLETICS. NUMBER OF PERSONS SERVED DURING THE YEAR FOR PROGRAM SERVICES EQUALS APPROXIMATELY 1,949 STUDENTS.
    Expenses $13,364,660 · revenue $321,333

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
37-0706154
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
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$240,985,427
Income (IRS master file)
$71,309,305

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$69,821,809$74,841,027$240,985,427IRS
990-TJune 2025–––IRS
990June 2024$88,431,281$89,945,665$241,732,894IRS
990-TJune 2024–––IRS
990June 2023$94,490,294$96,433,548$248,601,205XML
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990June 2017–––IRS

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 37-0706154).

Questions about MILLIKIN UNIVERSITY

What is the EIN of MILLIKIN UNIVERSITY?
The employer identification number (EIN) of MILLIKIN UNIVERSITY is 37-0706154.
Is MILLIKIN UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Are donations to MILLIKIN UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MILLIKIN 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 MILLIKIN UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MILLIKIN UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MILLIKIN UNIVERSITY?
The 990 for the year ended June 30, 2025 names JAMES REYNOLDS.
Who are the officers and directors of MILLIKIN UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 38 people; 13 received compensation from the organization, the highest $319,740 (JAMES M REYNOLDS, PRESIDENT (THRU 06/30/25)).
How much revenue does MILLIKIN UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $69,821,809, expenses of $74,841,027 and total assets of $240,985,427 at year end.

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