Nonprofit · EIN 87-1925354
UATX
Tax-exempt · AUSTIN, TX 78701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $56,951,593 | $26,772,031 | $30,179,562 | $76,647,086 | $7,142,230 | $69,504,856 |
| June 30, 2024 | 990 | $35,909,224 | $17,871,325 | $18,037,899 | $62,842,511 | $5,463,768 | $57,378,743 |
| June 30, 2023 | 990 | $27,968,654 | $7,133,020 | $20,835,634 | $45,172,870 | $5,839,164 | $39,333,706 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $49,547,970
- Program service revenue
- $4,245,252
- Investment income
- $3,117,853
- Net income from sales of inventory
- $14,019
- Other revenue
- $40,518
Expenses
- Grants and similar amounts paid
- $3,589,548
- Compensation of officers, directors and key employees
- $974,363
- Other salaries and wages
- $8,567,252
- Salaries, compensation and benefits (total)
- $11,560,594
- Professional fundraising fees
- $0
- Occupancy
- $3,482,089
- Travel
- $753,318
- Depreciation
- $411,381
- Program services (functional)
- $17,817,904
- Management and general (functional)
- $8,954,127
Balance sheet and other
- Total assets, start of year
- $62,842,511
- Total assets, end of year
- $76,647,086
- Total liabilities, end of year
- $7,142,230
- Net assets, end of year
- $69,504,856
- Land, buildings and equipment
- $1,543,075
- Publicly traded securities
- $62,942,013
- Net assets without donor restrictions
- $43,985,251
- Net assets with donor restrictions
- $25,519,605
- Gross receipts
- $56,951,593
- Employees
- 80
- Volunteers
- 10
- Year formed
- 2021
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PANO KANELOS | PRESIDENT Officer | 40 | $594,298 | $54,603 |
| MICHAEL SHIRES | CHIEF OF STAFF/VP/SECRETARY Highest-paid employee | 40 | $331,758 | $34,790 |
| RONALD THEVENOT | SENIOR VICE PRESIDENT OF ADVANCEMENT Highest-paid employee | 40 | $310,388 | $49,229 |
| KERI WATERS | VP POLARIS CENTER - THRU 12/24) Highest-paid employee | 40 | $332,927 | $13,131 |
| JACOB HOWLAND | SR. VP OF ACADEMIC AFFAIRS OF ADVANCEMENT Highest-paid employee | 40 | $293,970 | $26,119 |
| CURTIS GUILBOT | COO Highest-paid employee | 40 | $196,040 | $37,467 |
| SHEZ SHAFIQ | CFO Officer | 40 | $164,383 | $16,559 |
| CAROLYN KIL | CFO - FORMER Former | 40 | $116,497 | $23,861 |
| TERI ANDERSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRENT BELLUM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NIALL FERGUSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT MALKIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREW TROUSDALE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARI WEISS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEX MAGARO | TRUSTEE Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH LONSDALE | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| CARLOS CARVALHO | PRESIDENT 6/11/25 Officer | 40 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PANO KANELOS | PRESIDENT Trustee or director, Officer | 37.5 | $568,860 | $66,344 |
| RONALD THEVENOT | SENIOR VICE PRESIDENT OF ADVANCEMENT Highest-paid employee | 37.5 | $253,989 | $57,912 |
| CHARLES CALOMIRIS | DIR OF THE CENTER FOR POLITICS&ECON Highest-paid employee | 37.5 | $226,545 | $35,006 |
| MICHAEL SHIRES CHIEF OF | STAFF/VICE PRESIDENT/SECRE Highest-paid employee | 37.5 | $211,516 | $45,825 |
| JACOB HOWLAND | SR. VP OF ACADEMIC AFFAIRS PROVOST Highest-paid employee | 37.5 | $211,409 | $30,371 |
| JEFFREY SHAPIRO | CFO/COO (THROUGH 07/23) Officer | 37.5 | $148,112 | $9,268 |
| LOREN ROTNER | ASST CHF ACADEMIC OFFCR(THRU 11/23) Highest-paid employee | 37.5 | $109,927 | $18,997 |
| CAROLYN KIL | CFO (07/23-05/24) Officer | 37.5 | $89,615 | $16,843 |
| CURTIS GUILBOT | COO Officer | 37.5 | $49,741 | $10,330 |
| JOSEPH T LONSDALE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TERI ANDRESEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRENT BELLM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NIALL FERGUSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT MALKIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREW TROUSDALE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARI WEISS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHEZ SHAFIQ | CFO (AS OF 04/24) Officer | 37.5 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PANO KANELOS | PRESIDENT Trustee or director, Officer | 37.5 | $500,531 | $65,295 |
| JEFFREY SHAPIRO | CFO/COO/TREASURER Officer | 37.5 | $175,087 | $10,489 |
| LOREN ROTNER TREAS THRU 822 | SEC (THRU 9/22) & ASSISTANT PROVOST Trustee or director, Officer | 37.5 | $129,515 | $18,735 |
| MICHAEL SHIRES CHIEF OF | STAFF/VICE PRESIDENT/SECRETARY Officer | 37.5 | $79,346 | $11,472 |
| JOSEPH T LONSDALE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TERI ANDRESEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENT BELLM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NIALL FERGUSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEATHER HEYING | DIRECTOR (THROUGH 12/22) Trustee or director | 1 | $0 | $0 |
| SCOTT MALKIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW TROUSDALE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARI WEISS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 522 CONGRESS AVE, AUSTIN, TX 78701-3552
- Principal officer (990 for 2024)
- SHEHRYAR SHAFIQ, 522 CONGRESS AVE 300, AUSTIN, TX 78701
- Signed the 990
- SHEHRYAR SHAFIQ, CFO/TREASURER
- Phone
- (512) 348-7252
- Website
- WWW.UAUSTIN.ORG
- Return prepared by
- CALVETTI FERGUSON
Mission
UATX IS A NONPROFIT DEDICATED TO BUILDING A LIBERAL ARTS UNIVERSITY COMMITTED TO FREEDOM OF INQUIRY, FREEDOM OF CONSCIENCE, AND CIVIL DISCOURSE. TO MAINTAIN THESE PRINCIPLES, THE UNIVERSITY WILL BE FIERCELY INDEPENDENT FINANCIALLY, INTELLECTUALLY, AND POLITICALLY.
Program accomplishments
- THE UNIVERSITY LAUNCHED IT'S FIRST UNDERGRADUATE DEGREE PROGRAM IN SEPTEMBER 2024. THE CURRICULUM IS BUILT ON A CLASSICAL LIBERAL FOUNDATION TAUGHT BY WORLD CLASS SCHOLARS AND KNOWLEDGE CREATORS THAT LEADS TO DEGREES THAT WILL BE RECOGNIZED AS AN INDICATOR OF DISTINCTIVE ACCOMPLISHMENT AND ABILITY.Expenses $17,817,904 · grants $3,589,548 · revenue $4,259,271
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1925354
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43)
- Assets (IRS master file)
- $76,647,086
- Income (IRS master file)
- $56,951,593
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $56,951,593 | $26,772,031 | $76,647,086 | IRS |
| 990 | June 2024 | $35,909,224 | $17,871,325 | $62,842,511 | XML |
| 990 | June 2023 | $27,968,654 | $7,133,020 | $45,172,870 | XML |
| 990 | June 2022 | $11,371,662 | $2,197,987 | $10,289,932 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1925354).
Questions about UATX
- What is the EIN of UATX?
- The employer identification number (EIN) of UATX is 87-1925354.
- Is UATX tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to UATX tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UATX file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UATX due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UATX last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UATX?
- The 990 for the year ended June 30, 2025 names SHEHRYAR SHAFIQ.
- Who are the officers and directors of UATX?
- The 990 for the year ended June 30, 2025 lists 17 people; 8 received compensation from the organization, the highest $594,298 (PANO KANELOS, PRESIDENT).
- How much revenue does UATX have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $56,951,593, expenses of $26,772,031 and total assets of $76,647,086 at year end.
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- ST EDWARDS UNIVERSITY EIN 74-1109641 · last filed 990 for 2025
- TEXAS ASSOCIATION OF SCHOOL BOARDS INC EIN 74-2275519 · last filed 990 for 2025
- EDUCATION SERVICE CENTER REGION XIII EIN 74-1590220 · last filed 990 for 2025
- THE UNIVERSITY OF TEXAS TEXAS A M INVESTMENT MANAGEMENT COMPANY EIN 74-2765082 · last filed 990 for 2025
- VALOR TEXAS EDUCATION FOUNDATION EIN 81-1145945 · last filed 990 for 2025
- ST ANDREWS EPISCOPAL SCHOOL INC EIN 74-6003626 · last filed 990 for 2025
- CONCORDIA UNIVERSITY TEXAS EIN 74-1161941 · last filed 990 for 2025
- UNIVERSITY OF TEXAS LAW SCHOOL FOUNDATION EIN 74-6056794 · last filed 990 for 2025