funder logo

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

Brookings, SD, US
501(c)3
EIN
46-0273801
Regional Funder
funder logo

SOUTH DAKOTA STATE UNIVERSITY FOUNDATION

Brookings, SD, US
501(c)3
EIN
46-0273801
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$73,265,294

Contributions
79%
Investments
15%
Program Services
4%
Other
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$62,013,343

Grants
84%
Salaries & Benefits
9%
Other
3%
Offices, Occupancy & IT
2%
Depreciation
1%
Fees to Service Providers
1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$51,939,815
$58,080,109
+12%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$2,461,204
$2,700,841
+10%
Membership Dues
$0
$0
-
Investments
$8,848,656
$10,854,640
+23%
Other
$415,134
$1,629,704
+293%
Total Revenues
$63,664,809
$73,265,294
+15%
Expenses
2023
2024
Change
Grants
$59,562,516
$51,992,117
-13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,882,238
$5,472,601
+12%
Fees to Service Providers
$621,079
$779,555
+26%
Advertising & Promotion
$126,601
$111,458
-12%
Offices, Occupancy & IT
$933,986
$1,104,899
+18%
Interest
$121,501
$116,180
-4%
Depreciation
$820,625
$813,069
-1%
Other
$1,350,357
$1,623,464
+20%
Total Expenses
$68,418,903
$62,013,343
-9%
Net income
2023
2024
Change
Net income
-$4,754,094
+$11,251,951
-337%
Functional Expenses
Summary
2023
2024
Change
Program
$59,562,516
$51,992,117
-13%
Admin
$4,996,571
$5,369,205
+7%
Fundraising
$3,859,816
$4,652,021
+21%
Total Expenses
$68,418,903
$62,013,343
-9%
Income Statement
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