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Nonprofit · EIN 43-0662529

WEBSTER UNIVERSITY

Tax-exempt · SAINT LOUIS, MO 63119

Financials

$126.9M$166.2M2022$170.8M$184M2023$166.6M$183.1M2024
Revenue Expenses · by fiscal year end
Financials of WEBSTER UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$166,552,505$183,097,322-$16,544,817$284,011,887$126,220,975$157,790,912
May 31, 2024990$170,755,309$184,043,223-$13,287,914$303,107,028$128,207,562$174,899,466
May 31, 2023990$126,933,651$166,249,909-$39,316,258$335,061,582$141,269,712$193,791,870
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$4,007,758
of which government grants
$1,482,456
Program service revenue
$153,811,706
Investment income
$6,092,593
Net rental income
$1,566,664
Net gain from sales of assets
$2,530,857
Net income from fundraising events
$1,742
Other revenue
$2,640,448

Expenses

Grants and similar amounts paid
$46,406,377
Compensation of officers, directors and key employees
$1,954,517
Other salaries and wages
$57,616,963
Salaries, compensation and benefits (total)
$73,216,891
Professional fundraising fees
$38,178
Legal fees
$1,939,973
Accounting fees
$657,742
Occupancy
$5,550,985
Travel
$1,468,339
Depreciation
$9,357,388
Program services (functional)
$155,052,021
Management and general (functional)
$26,526,287
Fundraising (functional)
$1,519,014

Balance sheet and other

Total assets, start of year
$303,107,028
Total assets, end of year
$284,011,887
Total liabilities, end of year
$126,220,975
Net assets, end of year
$157,790,912
Land, buildings and equipment
$144,457,046
Publicly traded securities
$31,393,625
Net assets without donor restrictions
$146,780,248
Net assets with donor restrictions
$11,010,664
Gross receipts
$193,921,741
Employees
2,441
Volunteers
200
Year formed
1924
State of legal domicile
MO

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.

NameTitleHours / weekCompensationOther / benefits
Julian SchusterPresident
Trustee or director, Officer
38$557,652$216,509
Elizabeth StrobleChancellor - End 06/30/2024
Trustee or director, Officer
38$700,162$67,714
Timothy KeaneChancellor - Start 06/30/2024
Trustee or director, Officer
38$239,391$15,551
Nancy HellerudVice President Academic Affairs
Key employee
38$230,464$18,707
Lisa BlazerVice President Enrollment Mgmt
Key employee
38$226,765$18,125
Greg MaloneGlobal Chief Info Officer
Highest-paid employee
38$208,965$30,221
Paul StegerDean Fine Arts
Highest-paid employee
38$185,680$34,748
Simone CummingsDean, Sch of Bus & Tech
Highest-paid employee
38$199,749$18,778
Eric RothenbuhlerDean Communications
Highest-paid employee
38$189,738$28,428
Jill StulceProfessor
Highest-paid employee
38$188,008$22,524
William DonovanChief Financial Officer/Treasurer
Trustee or director, Officer
38$180,833$19,012
Katherine DanielSecretary
Trustee or director, Officer
38$67,877$21,204
John NickelChair of the Board
Trustee or director, Officer
1$0$0
Susan Gay BurnsVice Chair
Trustee or director, Officer
1$0$0
Alan Elliott MerschenTrustee
Trustee or director
1$0$0
15 more people on this return
NameTitleHours / weekCompensation
Alicia F ElsnerTrustee
Trustee or director
1$0
Daniel LisellaTrustee
Trustee or director
1$0
David P WeissTrustee
Trustee or director
1$0
Ellen HarshmanTrustee
Trustee or director
1$0
Gail F BakerTrustee
Trustee or director
1$0
Jennifer OzimkiewiczTrustee
Trustee or director
1$0
Jovita FosterTrustee
Trustee or director
1$0
Kathleen O'NeillTrustee
Trustee or director
1$0
Lisa MelandriTrustee
Trustee or director
1$0
Marvin AndersonTrustee
Trustee or director
1$0
May Scheve ReardonTrustee
Trustee or director
1$0
Michael J GirschTrustee
Trustee or director
1$0
Mike ClairborneTrustee
Trustee or director
1$0
Sumit VermaTrustee
Trustee or director
1$0
William FogartyTrustee
Trustee or director
1$0
990 for the year ended May 31, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH STROBLECHANCELLOR
Trustee or director, Officer
38$729,100$338,488
JULIAN SCHUSTERPRESIDENT
Trustee or director, Officer
38$610,929$276,386
LISA BLAZERVP OF ENROLLMENT MANAGEMENT
Key employee
38$221,612$18,806
GREG MALONEGLOBAL CHIEF INFO OFFICER
Highest-paid employee
38$209,854$22,867
NANCY HELLERUDVICE PRESIDENT OF ACADEMIC AFFAIRS
Key employee
38$215,377$16,862
PAUL STEGERDEAN SCHOOL FINE ARTS
Highest-paid employee
38$182,780$32,219
SIMONE CUMMINGSDEAN SCHOOL BUSINESS/TECH
Highest-paid employee
38$195,966$16,480
ERIC ROTHENBUHLERDEAN COMMUNICATIONS
Highest-paid employee
38$184,721$25,964
JILL STULCEASSOCIATE PROFESSOR
Highest-paid employee
38$187,739$15,606
RICHARD MEYERPART YEAR CFO AND TREASURER
Trustee or director, Officer
38$160,361$5,509
JEANELLE WILEYPART YEAR ASST CHANCELLOR, SECRETARY
Trustee or director, Officer
38$107,565$27,681
JOVITA FOSTERVICE CHAIR
Trustee or director, Officer
1$0$0
SUMIT VERMACHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
SUSAN BURNSVICE CHAIR
Trustee or director, Officer
1$0$0
WILLIAM DONOVANCFO AND TREASURER
Trustee or director, Officer
38$0$0
ALICIA ELSNERTRUSTEE
Trustee or director
1$0$0
ANDY GEISSEPART-YEAR TRUSTEE
Trustee or director
1$0$0
ATUL SHARMATRUSTEE
Trustee or director
1$0$0
CHARLES STUCKETRUSTEE
Trustee or director
1$0$0
DAVID P WEISSTRUSTEE
Trustee or director
1$0$0
DR WILLIAM FOGARTYTRUSTEE
Trustee or director
1$0$0
GUS HATTRICHPART-YEAR TRUSTEE
Trustee or director
1$0$0
JENNIFER OZIMKIEWICZTRUSTEE
Trustee or director
1$0$0
JOHN NICKELTRUSTEE
Trustee or director
1$0$0
KATHLEEN O'NEILLTRUSTEE
Trustee or director
1$0$0
KRISTIN M JOHNSONTRUSTEE
Trustee or director
1$0$0
LISA MELANDRITRUSTEE
Trustee or director
1$0$0
MARVIN ANDERSONTRUSTEE
Trustee or director
1$0$0
MICHAEL J GIRSCHTRUSTEE
Trustee or director
1$0$0
MIKE CLAIBORNETRUSTEE
Trustee or director
1$0$0
990 for the year ended May 31, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH STROBLECHANCELLOR
Trustee or director, Officer
38$804,396$208,608
JULIAN SCHUSTERPRESIDENT
Trustee or director, Officer
38$659,237$118,896
NANCY HELLERUDVICE PRES OF ACADEMIC AFFAIRS
Key employee
38$210,354$13,710
PAUL STEGERDEAN SCHOOL FINE ARTS
Highest-paid employee
38$177,717$28,563
SIMONE CUMMINGSDEAN SCHOOL BUSINESS/TECH
Highest-paid employee
38$192,789$13,164
ERIC ROTHENBUHLERDEAN COMMUNICATIONS
Highest-paid employee
38$180,054$22,461
LISA BLAZERVP OF ENROLLMENT MANAGEMENT
Key employee
38$190,442$9,507
JILL STULCEASSOCIATE PROFESSOR
Highest-paid employee
38$174,522$12,618
GREG MALONEGLOBAL CHIEF INFO OFFICER
Highest-paid employee
38$155,443$19,609
RICHARD MEYERCFO, TREASURER
Trustee or director, Officer
38$157,812$3,150
JEANELLE WILEYASST CHANCELLOR, SECRETARY
Trustee or director, Officer
38$105,402$26,730
SUMIT VERMACHAIR OF THE BOARD
Trustee or director, Officer
1$0$0
MARVIN ANDERSONTRUSTEE
Trustee or director
1$0$0
SUSAN BURNSVICE CHAIR
Trustee or director, Officer
1$0$0
MIKE CLAIBORNETRUSTEE
Trustee or director
1$0$0
ALICIA ELSNERTRUSTEE
Trustee or director
1$0$0
DR WILLIAM FOGARTYTRUSTEE
Trustee or director
1$0$0
JOVITA FOSTERVICE CHAIR
Trustee or director, Officer
1$0$0
ANDY GEISSETRUSTEE
Trustee or director
1$0$0
AUGUST HATTRICHTRUSTEE
Trustee or director
1$0$0
KRISTIN M JOHNSONTRUSTEE
Trustee or director
1$0$0
LISA MELANDRITRUSTEE
Trustee or director
1$0$0
JENNIFER OZIMKIEWICZTRUSTEE
Trustee or director
1$0$0
KATHLEEN O PAESETRUSTEE
Trustee or director
1$0$0
SHELLEY J SEIFERTTRUSTEE
Trustee or director
1$0$0
ATUL SHARMATRUSTEE
Trustee or director
1$0$0
CHARLES STUCKETRUSTEE
Trustee or director
1$0$0
J FRED BARTONTRUSTEE
Trustee or director
1$0$0
MARK C DARRELLTRUSTEE
Trustee or director
1$0$0
MICHAEL J GIRSCHTRUSTEE
Trustee or director
1$0$0
CARMEN JACOBTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
470 E LOCKWOOD AVE, SAINT LOUIS, MO 63119-3141
In care of
% BARBARA THOELE
Principal officer (990 for 2024)
DR TIMOTHY KEANE, 470 East Lockwood Avenue, St Louis, MO 631193194
Signed the 990
WILLIAM DONOVAN, CFO AND TREASURER
Phone
(314) 968-6900
Return prepared by
Forvis Mazars LLP

Mission

FOUNDED IN 1915, WEBSTER IS A PRIVATE NON-PROFIT AND GLOBAL UNIVERSITY THAT IS COMMITTED TO DELIVERING HIGH-QUALITY LEARNING EXPERIENCES THAT TRANSFORM STUDENTS FOR GLOBAL CITIZENSHIP AND INDIVIDUAL EXCELLENCE.

990 for the year ended May 31, 2025

Program accomplishments

  • WITH ITS HOME CAMPUS IN ST. LOUIS, MISSOURI, USA, WEBSTER UNIVERSITY COMPRISES AN ACTION-ORIENTED GLOBAL NETWORK OF FACULTY, STAFF, STUDENTS AND ALUMNI WHO FORGE POWERFUL BONDS WITH EACH OTHER AND WITH THEIR COMMUNITIES AROUND THE GLOBE. FOUNDED IN 1915, WEBSTER IS A PRIVATE NON-PROFIT UNIVERSITY WITH STUDENTS STUDYING AT CAMPUS LOCATIONS IN NORTH AMERICA, EUROPE, ASIA AND AFRICA AND IN A ROBUST LEARNING ENVIRONMENT ONLINE. (CONTINUED ON SCHEDULE O)
    Expenses $155,052,021 · grants $46,406,377 · revenue $154,023,800

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 yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
43-0662529
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
1970
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$284,011,887
Income (IRS master file)
$193,921,741

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$166,552,505$183,097,322$284,011,887XML
990-TMay 2025–––IRS
990May 2024$170,755,309$184,043,223$303,107,028XML
990-TMay 2024–––IRS
990May 2023$126,933,651$166,249,909$335,061,582XML
990-TMay 2023–––IRS
990May 2022$150,158,176$162,640,084$378,855,979IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990-TMay 2021–––IRS
990May 2020–––IRS
990May 2018–––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 43-0662529).

Questions about WEBSTER UNIVERSITY

What is the EIN of WEBSTER UNIVERSITY?
The employer identification number (EIN) of WEBSTER UNIVERSITY is 43-0662529.
Is WEBSTER UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to WEBSTER UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WEBSTER 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 WEBSTER 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 WEBSTER 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 WEBSTER UNIVERSITY?
The 990 for the year ended May 31, 2025 names DR TIMOTHY KEANE.
Who are the officers and directors of WEBSTER UNIVERSITY?
The 990 for the year ended May 31, 2025 lists 30 people; 12 received compensation from the organization, the highest $557,652 (Julian Schuster, President).
How much revenue does WEBSTER UNIVERSITY have?
On its 990 for the year ended May 31, 2025 it reported revenue of $166,552,505, expenses of $183,097,322 and total assets of $284,011,887 at year end.

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