STATE UNIVERSITY OF IOWA FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$202,489,213
Contributions
88%
Program Services
7%
Investments
4%
Other
1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$211,635,173
Grants
77%
Salaries & Benefits
18%
Offices, Occupancy & IT
2%
Other
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$150,761,152
$177,998,099
+18%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$13,260,976
$14,097,677
+6%
Membership Dues
$0
$0
-
Investments
$8,254,518
$7,777,751
-6%
Other
-$4,722,496
$2,615,686
-155%
Total Revenues
$167,554,150
$202,489,213
+21%
Expenses
2024
2025
Change
Grants
$163,602,708
$162,708,366
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$35,403,978
$38,699,979
+9%
Fees to Service Providers
$2,686,404
$1,690,033
-37%
Advertising & Promotion
$1,021,597
$1,053,098
+3%
Offices, Occupancy & IT
$4,345,566
$4,101,825
-6%
Interest
$0
$0
-
Depreciation
$706,108
$693,342
-2%
Other
$2,387,661
$2,688,530
+13%
Total Expenses
$210,154,022
$211,635,173
+1%
Net income
2024
2025
Change
Net income
-$42,599,872
-$9,145,960
+79%
Functional Expenses
Summary
2024
2025
Change
Program
$168,647,024
$168,240,949
0%
Admin
$15,294,305
$15,410,478
+1%
Fundraising
$26,212,693
$27,983,746
+7%
Total Expenses
$210,154,022
$211,635,173
+1%
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