Ohio State University Foundation: $353.8M Revenue, $300.1M Expenses
Columbus, Ohio · EIN 311145986 · Filing year 2023
Ohio State University Foundation reported $353.8M in total revenue, $300.1M in total expenses, and $1.8B in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: D (49/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $353.8M
- Total Expenses
- $300.1M
- Total Assets
- $1.8B
- Reserve Months
- 70.3 months
- Surplus / (Deficit)
- $53.8M
- EIN
- 311145986
- Latest 990 Year
- 2023
- Current-Officer Compensation
- Not reported
- Officer Comp % of Revenue
- N/A
Ohio State University Foundation pulls a D on the efficiency rubric. The composite of 49/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.
Annual revenue at Ohio State University Foundation runs $353.8M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the financial-health factor, Ohio State University Foundation runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.
Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Ohio State University Foundation sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How Ohio State University Foundation Compares
Ohio State University Foundation earns a NonprofitTruth efficiency grade of D (49/100). That is 15 points below the Education category average. The organization holds 70.3 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Ohio State University Foundation reported $353.8M in revenue against $300.1M in total functional expenses for filing year 2023, holding roughly 70.3 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
Revenue History
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Ohio State University Foundation has a NonprofitTruth Efficiency Score of D (49/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Ohio State University Foundation, Donor FAQ
Ohio State University Foundation has a NonprofitTruth Efficiency Score of D (49/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Current-officer compensation for Ohio State University Foundation is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.
Ohio State University Foundation reported $353.8M in annual revenue and $300.1M in total expenses for filing year 2023. The organization holds $1.8B in total assets.
Ohio State University Foundation holds approximately 70.3 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.
Ohio State University Foundation is a registered 501(c) organization with EIN 311145986, based in Columbus, Ohio. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.