South Dakota · Nonprofit
UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC
UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC (South Dakota) receives grants from 2 organizations whose IRS filings report $1,942,536 to it, the largest being Avera Health ($1,917,612). 1 of them have funded it in more than one year.
- Revenue FY2024
- $10M
- Funders on record
- 2
- Grants received
- $1.9M
- Net assets
- $21M
What University of South Dakota Research Park Inc does
Mission
To foster economic development by:- growing university research capacity, resources, and talent- connecting these core university activities with private sector resources and companies- fostering economic and workforce development through supporting commercialization and entrepreneurship programming- facilitating the creation of the physical infrastructure necessary to support creation and attraction of research and innovation-based business
As stated on its FY2024 Form 990.
Program
Final design and construction management of building 1 executed in 2024. Funds received from the state of south dakota through hb 1210, $15,000,000, must be spent first. In 2024, $11,249,906.36 was spent by the usd discovery district and reimbursed through the funds received from the state of south dakota. Estimated completion of building is january 2025.
$265,628 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $265,628.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $13M to $23M (+75%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 62% · 2018 22% · 2019 76% · 2020 53% · 2021 21% · 2022 88% · 2023 4% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
97% of UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Sheila Gestring
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income rose $25k → $1.9M.
From the IRS filings of UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC.
Largest funder’s share by year: 2020 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
99% of UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC's grant income comes from South Dakota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC holds deeper cash reserves than three-quarters of the 4,064 education nonprofits its size.
this organization peer median middle 50% of peers· 4,064 education nonprofits $10M–$100M, FY2024
Organizations like UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In South Dakota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 2 related entities
- Usdrp Beta LLC · disregarded
- South Dakota Board of Regents · exempt
Screen this organization
A dated, signed PDF of the compliance screen for UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC?
- UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC (South Dakota) receives grants from 2 organizations whose IRS filings report $1,942,536 to it, the largest being Avera Health ($1,917,612). 1 of them have funded it in more than one year.
- How many funders does UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC have?
- IRS filings report 2 organizations giving $1,942,536 in grants to UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC, 1 of which have funded it in more than one year.
- Who is the largest funder of UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC?
- Avera Health is the largest funder on record, with $1,917,612 in grants. The full list of funders is on this page.
- How can an organization like UNIVERSITY OF SOUTH DAKOTA RESEARCH PARK INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in South Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds University of South Dakota Research Park →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing