NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES & UNIVERSITIES

WASHINGTON, DC, 20036-5420 (202) 785-8866 Est. 1976 EIN 52-1125164

Form 990 501(c)(3)

WWW.NAICU.EDU

Mission

The National Association of Independent Colleges and Universities (NAICU) serves as the unified voice for the 1,700 private, nonprofit colleges and universities in our nation. (continued on Schedule O)

Financials

Total Revenue

$7,676,205

Total Expenses

$7,670,351

Net Assets

$13,109,741

20 employees 43 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

20.5 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 7.4%

Expenses ↑ 7.3%

Revenue Sources

Earned revenue 93.7% Investment 6.3%

Expense Breakdown

Program 88.5% Management 11.5%

Officers & Key Employees (46)

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Grants Received (3)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$7,676,205 ↓	$7,670,351	$13,109,741
2022 Form 990	$8,293,578 ↓	$7,151,317	$12,422,457
2021 Form 990	$8,313,194 ↑	$6,918,794	$10,902,024
2020 Form 990	$7,647,704 ↑	$6,187,183	$10,756,481
2019 Form 990	$7,283,866 ↑	$6,680,706	$7,816,832
2018 Form 990	$6,934,088 ↑	$6,867,405	$7,435,092
2017 Form 990	$6,858,096	$6,496,987	$7,272,675