B — EducationEIN: 370706154· Ruling Year: 1946

Millikin University

Decatur, Illinois

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.21×
Peer Median9.48×
💰
$94.5M
Total Revenue
📊
$96.4M
Total Expenses
🏦
$213.5M
Net Assets
📋
$35.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.7%
Year-over-year change (2022 → 2023)
Net Margin
-2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.21
Net assets divided by total expenses
Liabilities-to-Assets
14.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$94,490,294↓9%$96,433,548↓3%$248,601,205↓7%
2022$103,526,342↑6%$99,372,847↑4%$267,089,881↓1%
2021$97,576,221↑3%$95,543,605↑1%$270,927,180↑6%
2020$94,750,823↑3%$94,628,725↑4%$256,486,891↓2%
2019$91,638,396↑7%$91,268,817↑5%$261,428,136↓1%
2018$85,967,411↑8%$86,906,712↑7%$264,213,239↑3%
2017$79,420,867↓1%$81,335,471↑2%$256,904,659
2016$80,159,977↓7%$79,356,876$258,187,658↓4%
2015$86,496,062↑5%$79,018,462↑1%$267,584,496↑5%
2014$82,581,692↓7%$78,061,945↓4%$255,630,774↑4%
2013$88,534,225↑9%$81,477,967↑4%$246,290,883↑4%
2012$80,969,025$78,360,866$236,231,085

Frequently Asked Questions

What does Millikin University do?▼

Millikin University is a education nonprofit organization based in Illinois. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Millikin University financially healthy?▼

Based on our 9-metric Financial Health Score model, Millikin University has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Millikin University generate?▼

Millikin University reports $69.8M in annual revenue and holds $241.0M in total assets, based on IRS filings.

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