BELLARMINE UNIVERSITY INCORPORATED Charity Report

Public IRS 990 nonprofit record

BELLARMINE UNIVERSITY INCORPORATED

EIN 61-0482955 · Education (B430)

What they do

BELLARMINE UNIVERSITY EDUCATES STUDENTS THROUGH UNDERGRADUATE and GRADUATE PROGRAMS IN THE LIBERAL ARTS and PROFESSIONAL STUDIES. THE UNIVERSITY is AN INDEPENDENT CATHOLIC UNIVERSITY SERVING THE REGION, NATION, and WORLD THROUGH POST-SECONDARY EDUCATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders39 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.48%of revenue went to mission work88.0% of expenses · Program services

1.69%of revenue went to fundraising1.6% of expenses

$102.81spent for every $100 of revenueSpending was higher than revenue this year.

10.64%of revenue went to management and office costs10.3% of expenses

$1.32in assets for every $1 spent this yearSome assets cannot be spent right away.

8.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,054,977 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $493,939 for SUSAN M DONOVAN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$144,540,978

Mission workProgram services$130,778,73890.48% of revenue88.0% of expenses

ManagementOffice and general costs$15,373,04110.64% of revenue10.3% of expenses

FundraisingAsking for donations$2,444,1761.69% of revenue1.6% of expenses

Total expenses$148,595,955102.81% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.0% mission · 10.3% management · 1.6% fundraisingTotal expenses: 102.81% of revenue

2023Expense mix: 88.8% mission · 9.7% management · 1.5% fundraisingTotal expenses: 99.52% of revenue

2022Expense mix: 87.5% mission · 11.2% management · 1.3% fundraisingTotal expenses: 108.17% of revenue

2021Expense mix: 88.4% mission · 10.0% management · 1.6% fundraisingTotal expenses: 101.54% of revenue

2020Expense mix: 87.0% mission · 11.6% management · 1.4% fundraisingTotal expenses: 100.97% of revenue

2019Expense mix: 87.1% mission · 11.2% management · 1.6% fundraisingTotal expenses: 96.89% of revenue

2018Expense mix: 86.9% mission · 11.5% management · 1.6% fundraisingTotal expenses: 98.24% of revenue

2017Expense mix: 88.4% mission · 9.9% management · 1.6% fundraisingTotal expenses: 99.03% of revenue

Money in and money out

Revenue$144,540,978

Expenses$148,595,955

Annual shortfall $4,054,977 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$130,778,738 · 88.0% of expenses

Management and office costs$15,373,041 · 10.3% of expenses

Fundraising$2,444,176 · 1.6% of expenses

See all reported dollar amounts

Revenue$144,540,978

Expenses$148,595,955

Assets$195,882,019

Income$148,916,612

Contributions$12,105,365

Mission work (program services)$130,778,738

Fundraising$2,444,176

Management and general$15,373,041

Stocks and bonds$47,097,766

Accounting fees$99,390

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SUSAN M DONOVANPRESIDENT · 40 hrs/week $493,939Base $468,154 · Other $25,785

SCOTT DAVENPORTHEAD COACH MENS BASKETBAL · 40 hrs/week $404,106Base $380,965 · Other $23,141

SEAN RYANSR. VP ADMIN, STRATGETIC I · 40 hrs/week $264,166Base $234,147 · Other $30,019

DAVID SCOTT SELFVP INSTITUTIONAL ADVANCEME · 40 hrs/week $262,023Base $233,012 · Other $29,011

MARK R WIEGANDVP ACADEMIC AFFAIRS & PROVOST · 40 hrs/week $259,300Base $242,144 · Other $17,156

MARY DENISE BROWN-CORNELIUSVP FINANCE AND FACILITIES · 40 hrs/week $243,415Base $226,706 · Other $16,709

DIANE G BRUCEDEAN, SCHOOL OF BUSINESS · 40 hrs/week $242,145Base $221,162 · Other $20,983

HELEN-GRACE RYANVP STUDENT AFFAIRS · 40 hrs/week $210,091Base $201,583 · Other $8,508

ROBERT J EGERENDOWED CHAIRPERSON OF DEPT OF ACCOUNTING · 40 hrs/week $204,112Base $185,407 · Other $18,705

KAREN GOLEMBOSKIPROFESSOR, MED LAB SCIENCE · 40 hrs/week $195,570Base $190,536 · Other $5,034

CARLY JAYNE MITCHELLASST. PROFESSOR OF NURSING · 40 hrs/week $180,520Base $180,156 · Other $364

LAUREN ASHLEY KEELINGVP ENROLLMENT, MARKETING, & COMMUNICATIONS · 40 hrs/week $131,302Base $114,668 · Other $16,634

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (39)

SUSAN M DONOVANPRESIDENT

SCOTT DAVENPORTHEAD COACH MENS BASKETBAL

SEAN RYANSR. VP ADMIN, STRATGETIC I

DAVID SCOTT SELFVP INSTITUTIONAL ADVANCEME

MARK R WIEGANDVP ACADEMIC AFFAIRS & PROVOST

MARY DENISE BROWN-CORNELIUSVP FINANCE AND FACILITIES

DIANE G BRUCEDEAN, SCHOOL OF BUSINESS

HELEN-GRACE RYANVP STUDENT AFFAIRS

ROBERT J EGERENDOWED CHAIRPERSON OF DEPT OF ACCOUNTING

KAREN GOLEMBOSKIPROFESSOR, MED LAB SCIENCE

CARLY JAYNE MITCHELLASST. PROFESSOR OF NURSING

LAUREN ASHLEY KEELINGVP ENROLLMENT, MARKETING, & COMMUNICATIONS

MICHAEL JOHN MARSHALLVP ENROLLMENT, MARKETING, & COMMUNICATIONS (END 6/

SHARON E DES JARLAISSECRETARY

MICHAEL HOBBSTRUSTEE

MICHAEL J MACKINTRUSTEE

RUSSELL F COXTRUSTEE

KEVIN BROWNTRUSTEE

STEPHEN G MULLINSTRUSTEE

TIM HOURIGANTRUSTEE

TOBY KINGTRUSTEE

TOM L THOMASTRUSTEE

WILLIAM E MUDDTRUSTEE

MARSHALL BRADLEY JRTRUSTEE

KRISTEN BYRDTRUSTEE

BRADFORD T RAYTRUSTEE

JOE REEVESTRUSTEE

JESSE FLYNNTRUSTEE

JAMES R ALLEN CFAVICE CHAIR & TREASURER

JAMES MATTINGLYTRUSTEE

JAMES HECKTRUSTEE

JA HILLEBRANDTRUSTEE

J MCCAULEY BROWNTRUSTEE

DR MARK LYNNTRUSTEE

DR CAROLE PFEFFERTRUSTEE

DOUG WHYTETRUSTEE

DONALD J KELLYCHAIR

CAROLYN TANDYTRUSTEE

C EDWARD GLASSCOCKTRUSTEE

About this charity

Recognized since: January 1952
Location: 2001 NEWBURG ROAD, LOUISVILLE, KY 40205
County: Jefferson
In care of: DENISE BROWN-CORNELIUS
Primary officer: DENISE BROWN-CORNELIUS, VP FOR FINANCE AND FACILITIES

How to reach them

WebsiteVisit the charity’s website Emailadmissions@bellarmine.edu Phone(502) 272-8263 Officer phone(502) 272-8261

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: DEAN DORTON ALLEN FORD PLLC
NTEE classification: Education (B430)