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Education · 2020 Form 990

Open University: $584.9M Revenue, $536.0M Expenses

United Kingdom, Unknown · EIN 980426561 · Filing year 2020

Open University reported $584.9M in total revenue, $536.0M in total expenses, and $845.4M in total assets on its 2020 IRS Form 990. Total compensation for current officers and key employees was $2.9M (0.50% of revenue). NonprofitTruth efficiency grade: B (73/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2020.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
73/100

Key Facts (2020 Form 990)

Total Revenue
$584.9M
Total Expenses
$536.0M
Total Assets
$845.4M
Reserve Months
18.9 months
Surplus / (Deficit)
$48.8M
EIN
980426561
Latest 990 Year
2020
Current-Officer Compensation
$2.9M
Officer Comp % of Revenue
0.50%

The efficiency rubric puts Open University at a B grade: a composite of 73/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Open University is a large nonprofit by U.S. standards: $584.9M in 2020 revenue against $536.0M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Financial health is a strength: Open University carries a healthy operating-reserve cushion against $536.0M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is modest relative to organizational size: Open University reports $2.9M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $584.9M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Open University 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.


$584.9M
Revenue
$536.0M
Expenses
$845.4M
Total Assets
$2.9M
Officer Compensation

How Open University Compares

Open University earns a NonprofitTruth efficiency grade of B (73/100). That is 9 points above the Education category average. Compensation for current officers and key employees represents 0.50% of total revenue. The organization holds 18.9 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$536.0M
Total Expenses
Filing year 2020
$2.9M
Officer Compensation
0.50% of revenue
18.9 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Open University reported $584.9M in revenue against $536.0M in total functional expenses for filing year 2020, holding roughly 18.9 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.

The 990 reports $2.9M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.50% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Open University has a NonprofitTruth Efficiency Score of B (73/100), 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.

Open University, Donor FAQ

Open University has a NonprofitTruth Efficiency Score of B (73/100), 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.

Open University reports $2.9M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.50% of the organization's $584.9M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Open University reported $584.9M in annual revenue and $536.0M in total expenses for filing year 2020. The organization holds $845.4M in total assets.

Open University holds approximately 18.9 months of operating reserves (total assets relative to annual expenses) based on its 2020 IRS Form 990, one input into its B efficiency grade.

Open University is a registered 501(c) organization with EIN 980426561, based in United Kingdom, Unknown. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

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.