Overview
What is Illinois Wesleyan University?
Illinois Wesleyan University is a distinguished educational institution based in Bloomington, Illinois. With a student body of approximately 1,550 undergraduates, the university offers a rich learning environment that fosters creativity, critical thinking, effective communication, strength of character, and a spirit of inquiry. The institution provides a liberal arts education, which not only deepens the specialized knowledge of a discipline but also equips students with a comprehensive world view. Illinois Wesleyan University serves students pursuing baccalaureate degrees in various fields, including biology, nursing, accounting, business, theater, and music. The university's student life and residential experience create an inclusive community, with a total workforce of 1,683 employees dedicated to nurturing the next generation of thinkers and leaders.
Official website here: www.iwu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Illinois Wesleyan University has achieved an impressive 96% rating from Charity Navigator, reflecting strong accountability and financial health. The rating underscores the university's dedication to transparency, evidenced by its full compliance in key areas such as independent board member representation and financial oversight. This high score highlights the institution's effective management and strategic financial practices.
The university boasts a majority independent board with 97% of its members being independent, ensuring unbiased governance. Financially, its program expense ratio stands at an excellent 93.49%, indicating that a significant portion of its resources is directed towards fulfilling its mission. Additional policies related to conflict of interest, whistleblower protections, and document retention further reinforce its commitment to ethical practices.
While the overall feedback is overwhelmingly positive, potential donors and stakeholders may want to consider the university's specific programs and outreach efforts in relation to their personal philanthropic goals. Nonetheless, Illinois Wesleyan University is recognized for its solid financial practices and governance structures.
This AI summary has been generated from information found on Charity Navigator.
Is Illinois Wesleyan University legitimate?
Illinois Wesleyan University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Wesleyan University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $916,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,126,573
For more financial information, click here
Official website here: www.iwu.edu
What is the mission statement of Illinois Wesleyan University?
Illinois Wesleyan University is dedicated to achieving the ideal of a liberal arts education, offering unique opportunities through distinctive curricula and programs. This educational approach fosters creativity, critical thinking, effective communication, strength of character, and a spirit of inquiry. It deepens the specialized knowledge of a discipline while providing a comprehensive world view. The university's mission is to provide students with a well-rounded education that prepares them for various aspects of life. The liberal arts education nurtures students' intellectual curiosity and equips them with essential skills for success in their future endeavors.
Official website here: www.iwu.edu
What is the revenue of Illinois Wesleyan University?
Illinois Wesleyan University's revenue in 2023 was $61,897,510.
Official website here: www.iwu.edu
Who are the executives of Illinois Wesleyan University and what are their salaries?
The average compensation at Illinois Wesleyan University during 2023 was $16,926. There are 1775 employees and 600 volunteers at Illinois Wesleyan University.
Here are 49 key members and their salaries:
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Official website here: www.iwu.edu
Where can I find the form 990 for Illinois Wesleyan University?
Illinois Wesleyan University's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iwu.edu
Learn more at the official website: www.iwu.edu
Mission Statement of Illinois Wesleyan University
Illinois Wesleyan University, a renowned educational institution, aspires to achieve the ideal of a liberal arts education, offering distinctive curricula and programs in the process. A liberal arts education nurtures creativity, critical thinking, effective communication, strength of character, and a spirit of inquiry. It deepens the specialized knowledge of a discipline with a comprehensive world view. The university's commitment to this educational philosophy equips students with the necessary skills to excel in their chosen fields, while also broadening their horizons. Illinois Wesleyan University's mission goes beyond mere academic instruction, as it provides unique opportunities for students to grow both personally and intellectually. Through its liberal arts education, the university fosters a well-rounded student body that is ready to tackle complex challenges and make meaningful contributions to society. The distinctive curricula and programs at Illinois Wesleyan University enable students to gain a solid foundation in their chosen field, while also expanding their understanding of the world around them. With a focus on fostering creativity, critical thinking, and effective communication, Illinois Wesleyan University prepares its students to be well-equipped for success in their future endeavors.
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Impact
October, 2024
Illinois Wesleyan University significantly impacts its students and the broader community by championing a robust liberal arts education. With a focus on fostering creativity, critical thinking, effective communication, and character strength, the university cultivates well-rounded individuals equipped for diverse career paths and life challenges.
Hosting approximately 1,550 undergraduate students, Illinois Wesleyan provides extensive personal attention through its experiential learning model, encouraging a spirit of inquiry and deep exploration of various disciplines. The university’s curriculum spans liberal arts, fine arts, and professional programs, especially emphasizing areas such as biology, nursing, accounting, business, theater, and music. This breadth of study not only deepens students' specialized knowledge but also enhances their understanding of a comprehensive worldview.
Moreover, Illinois Wesleyan University promotes a vibrant student life and residential experience, creating an inclusive and supportive community that enriches the academic journey. The university’s commitment to distinctive curricula and unique opportunities ensures that its graduates are not only knowledgeable in their fields but also ready to contribute meaningfully to society. This holistic approach empowers students to navigate complex global challenges and emerge as leaders in their respective disciplines.
This information is meant to be a general summary of Illinois Wesleyan University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $128,171
- Program Service Revenue: $48,065,946
- Gross Receipts: $125,042,141
Assets and Liabilities:
- Total Assets: $432,672,024
- Total Liabilities: $104,081,947
- Net Assets: $328,590,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET TUITION AND FEES
Revenue
$31,507,415
AUXILLIARY ENTERPRISES
Revenue
$15,090,762
OTHER EDUCATION AND GENERAL
Revenue
$1,352,899
STUDENT LOAN INTEREST
Revenue
$114,870
Organization Details
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