AUGSBURG UNIVERSITY

MINNEAPOLIS, MN, 554541351 (612) 330-1000 Est. 1872 EIN 41-0694721
B420 - Education 990 - Public charity return 501(c)(3)
www.augsburg.edu

Mission

AUGSBURG UNIVERSITY EDUCATES STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS.THE AUGSBURG EXPERIENCE IS SUPPORTED BY AN ENGAGED COMMUNITY THAT IS COMMITTED TO INTENTIONAL DIVERSITY IN ITS LIFE AND WORK. AN AUGSBURG EDUCATION IS DEFINED BY EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES, GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH, AND SHAPED BY ITS URBAN AND GLOBAL SETTINGS.

Financials

Total Revenue
$153,576,736
Total Expenses
$151,174,346
Net Assets
$139,373,002
1,428 employees 30 volunteers
From latest filing (tax period ending 2025-05-31)

Financial Health

Operating Reserve
11.1 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 10.6%
Expenses ↑ 4.3%
Revenue Sources
Contributions 9.7% Earned revenue 87.4% Investment 2.9%
Expense Breakdown
Program 92.3% Management 5.9% Fundraising 1.8%

Officers & Key Employees (38)

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Grants Received (372)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jun 1, 2024 to May 31, 2025
$153,576,736 ↑$151,174,346$139,373,002
2023 990 - Public charity return
Jun 1, 2023 to May 31, 2024
$138,871,492 ↑$144,941,959$134,624,646
2022 990 - Public charity return
Jun 1, 2022 to May 31, 2023
$130,082,142 ↓$137,384,183$133,550,881
2021 990 - Public charity return
Jun 1, 2021 to May 31, 2022
$133,913,998 ↑$134,272,678$141,790,339
2020 990 - Public charity return
Jun 1, 2020 to May 31, 2021
$124,896,585 ↓$122,472,953$141,043,868
2019 990 - Public charity return
Jun 1, 2019 to May 31, 2020
$130,985,918 $132,000,298$125,707,319

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EIN: 41-0694721 · Source: IRS Form 990 e-file data