BELMONT UNIVERSITY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BELMONT UNIVERSITY (EIN 62-0465076)
- Tax period
- 2020-06-01 to 2021-05-31
- Filed
- 2022-04-05
- IRS object ID
- 202240959349301609
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-05T20:00:29-05:00 | ReturnTs |
| Tax Period End | 2021-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9600 Brownsboro Road Suite 400 | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 402413902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620465076 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Belmont University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BELM | BusinessNameControlTxt |
| Phone | 6154606000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 Belmont Blvd | AddressLine1Txt |
| City | Nashville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37212 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Steve Lasley | PersonNm |
| Person Title | VP of Finance and Operations | PersonTitleTxt |
| Signature | 2022-04-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Steve | PersonFirstNm |
| Person Last | Lasley | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kim Scifres | PreparerPersonNm |
| PTIN | P01316095 | PTIN |
| Phone | 5023263996 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | L Gregory Jones | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 Belmont Blvd | AddressLine1Txt |
| City | Nashville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $488,553,183 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BELMONT.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1951 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | BELMONT UNIVERSITY IS A PRIVATE, COEDUCATIONAL INSTITUTION FOCUSED ON UNDERGRADUATE AND POST-GRADUATE EDUCATION. IT PROVIDES AN ACADEMICALLY CHALLENGING EDUCATION AND STRIVES TO BE A LEADER AMONG TEACHING UNIVERSITIES BRINGING TOGETHER THE BEST OF LIBERAL ARTS AND PROFESSIONAL EDUCATION IN A CHRISTIAN COMMUNITY OF LEARNING AND SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 34 | VotingMembersIndependentCnt |
| Total Employee | 3543 | TotalEmployeeCnt |
| Total Volunteers | 70 | TotalVolunteersCnt |
| Total Gross UBI | $582,236 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $14,563,913 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,784,446 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $340,998,168 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $334,380,490 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,449,672 | PYInvestmentIncomeAmt |
| CY Investment Income | $46,379,230 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,861,563 | PYOtherRevenueAmt |
| CY Other Revenue | $4,903,020 | CYOtherRevenueAmt |
| PY Total Revenue | $378,873,316 | PYTotalRevenueAmt |
| CY Total Revenue | $406,447,186 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $85,658,852 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $92,647,292 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $128,754,692 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $131,947,972 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,224,285 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $66,928,819 | PYOtherExpensesAmt |
| CY Other Expenses | $71,007,122 | CYOtherExpensesAmt |
| PY Total Expenses | $281,342,363 | PYTotalExpensesAmt |
| CY Total Expenses | $295,602,386 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $97,530,953 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $110,844,800 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,133,197,968 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,320,672,864 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $84,307,105 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $106,532,487 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,048,890,863 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,214,140,377 | NetAssetsOrFundBalancesEOYAmt |
| Mission | BELMONT UNIVERSITY IS A STUDENT-CENTERED CHRISTIAN COMMUNITY PROVIDING AN ACADEMICALLY CHALLENGING EDUCATION THAT EMPOWERS MEN AND WOMEN OF DIVERSE BACKGROUNDS TO ENGAGE AND TRANSFORM THE WORLD WITH DISCIPLINED INTELLIGENCE, COMPASSION, COURAGE AND FAITH. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $243,740,125 | ExpenseAmt |
| Grant | $92,647,292 | GrantAmt |
| Revenue | $338,218,582 | RevenueAmt |
| Desc | EDUCATIONAL PROGRAMS, INSTRUCTION AND STUDENT SERVICES ARE PROVIDED TO MORE THAN 8,700 STUDENTS, OFFERING MORE THAN 90 UNDERGRADUATE AND GRADUATE ACADEMIC PROGRAMS THROUGH ITS SEVEN COLLEGES AND SCHOOLS, INCLUDING THE MIKE CURB COLLEGE OF ENTERTAINMENT AND MUSIC BUSINESS, COLLEGE OF PHARMACY, THE COLLEGE OF BUSINESS ADMINISTRATION, AND THE COLLEGE OF LAW. BELMONT OFFERS INTERCOLLEGIATE ATHLETICS IN FIFTEEN DIFFERENT SPORTS, ALL COMPETING IN THE OHIO VALLEY CONFERENCE. BELMONT STUDENT ATHLETES HAVE COMPILED IMPRESSIVE RECORDS, BOTH ON AND OFF THE PLAYING COURT AND FIELD. THE BELMONT MEN'S BASKETBALL TEAM HAS MADE APPEARANCES IN SEVEN OUT OF THE PAST THIRTEEN NCAA NATIONAL CHAMPIONSHIP TOURNAMENTS, AND QUALIFIED IN 2020 PRIOR TO ITS CANCELLATION DUE TO COVID-19. THE MEN'S BASEBALL TEAM HAS MADE APPEARANCES IN THEIR RESPECTIVE NCAA TOURNAMENT IN TWO OF THE PAST SEVEN YEARS. STUDENT ACTIVITIES ROUND OUT THE COLLEGIATE EXPERIENCE, WITH A FOCUS ON CAMPUS LIFE AND COMMUNITY, STUDENT HEALTH AND WELFARE, AND STUDENT ADVOCACY AND SUPPORT. THERE ARE CURRENTLY MORE THAN 130 CLUBS AND ORGANIZATIONS AVAILABLE TO STUDENTS. | Desc |
| Total Program Service Expenses | $243,740,125 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 15257 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 3543 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 34 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID RUNYAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6154606788 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1900 BELMONT BLVD | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (57 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Gordon Inman | ||||||||
| Vice Chair | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Joe Russell | ||||||||
| Secretary | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Marty Dickens | ||||||||
| Chairman | 3.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Alfonzo Alexander | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Andrea Overby | ||||||||
| Trustee (thru 12/31/2020) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Angela Webb | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Anne Russell | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Barbara Massey Rogers | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Ben L Rechter | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Bruce Maxwell | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Carolyn McAfee Bruner | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Chris Bollinger | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Claire Tucker | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Cordia Harrington | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Cynthia Leu | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Damon Hininger | ||||||||
| Trustee (thru 12/31/2020) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Dan Foutch | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Drew Maddux | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Harry Allen | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| James Archer | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Jamie Jones | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Janet Ayers | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Jim Wright | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| John Ferguson | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| John R Faison Sr | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Larry Kloess | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Larry Thrailkill | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Lee Beaman | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark Wright | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Paul Walker | ||||||||
| Trustee (thru 12/31/20) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| R Milton Johnson | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Randy Smith | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Rebecca McKelvey Castaneda | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Ron Knox | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Steve Hewlett | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Steve Horrell | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Todd Jones | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Troy Tomlinson | ||||||||
| Trustee (thru 12/31/2020) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Clifton Perry Moulds | ||||||||
| VP of University Advancement | 40.0 | Yes (X) | $284,452 | $0 | $39,881 | |||
| Jason Rogers | ||||||||
| VP of Administration & University Counsel | 40.0 | Yes (X) | $306,807 | $0 | $40,800 | |||
| John Carney | ||||||||
| VP of Marketing and Communications | 40.0 | Yes (X) | $266,230 | $0 | $36,557 | |||
| Paula Gill | ||||||||
| Vice President Institutional Effectiveness | 40.0 | Yes (X) | $292,510 | $0 | $28,171 | |||
| Robert Fisher | ||||||||
| President (until 5.31.21) | 40.0 | Yes (X) | $1,102,090 | $0 | $35,323 | |||
| Steven Lasley | ||||||||
| VP of Finance and Operations | 40.0 | Yes (X) | $375,201 | $0 | $43,801 | |||
| Susan West | ||||||||
| VP/Chief of Staff | 40.0 | Yes (X) | $266,954 | $0 | $33,871 | |||
| Thomas Burns | ||||||||
| Provost | 40.0 | Yes (X) | $415,932 | $0 | $42,916 | |||
| Todd Lake | ||||||||
| VP of Spiritual Development | 40.0 | Yes (X) | $174,180 | $0 | $102,061 | |||
| Alberto Gonzales | ||||||||
| Dean | 40.0 | $431,460 | $0 | $37,362 | Yes (X) | |||
| David Gregory | ||||||||
| Dean | 40.0 | $256,072 | $0 | $26,149 | Yes (X) | |||
| Jhennifer Amundson | ||||||||
| Dean | 40.0 | $239,925 | $0 | $26,652 | Yes (X) | |||
| Philip Johnston | ||||||||
| Dean | 40.0 | $327,013 | $0 | $34,878 | Yes (X) | |||
| Sarah Gardial | ||||||||
| Dean | 40.0 | $351,930 | $0 | $29,440 | Yes (X) | |||
| Bart Brooks | ||||||||
| Head Woman's Basketball Coach | 40.0 | $255,246 | $0 | $34,978 | Yes (X) | |||
| Casey Alexander | ||||||||
| Head Men's Basketball Coach | 40.0 | $750,558 | $0 | $37,362 | Yes (X) | |||
| Jeffrey Cornwall | ||||||||
| Professor | 40.0 | $241,812 | $0 | $30,145 | Yes (X) | |||
| Jeffrey Kinsler | ||||||||
| Professor | 40.0 | $293,002 | $0 | $23,365 | Yes (X) | |||
| Scott Corley | ||||||||
| Athletic Director | 40.0 | $257,352 | $0 | $35,618 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,888,726 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $719,330 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 299 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| R C MATHEWS CONTRACTOR LLC | ||||||
| PO BOX 24687 | NASHVILLE | TN | 37202 | PRIMARY GENERAL CONTRACTOR | $115,001,595 | |
| SODEXO | ||||||
| 1900 BELMONT BLVD | NASHVILLE | TN | 37212 | FOOD SERVICE VENDOR | $8,907,696 | |
| EARL SWENSSON ASSOCIATES | ||||||
| PO BOX 410628 | NASHVILLE | TN | 372410628 | ARCHITECTS | $5,121,885 | |
| ENTERPRISE SOLUTIONS | ||||||
| 1300 FORT NEGLEY BLVD | NASHVILLE | TN | 372034854 | CONSTRUCTION AND ELECTRICAL DESIGN | $1,641,990 | |
| Showcall Security Services LLC DBA Checkmate | ||||||
| 4451 Georgia Pacific Blvd | Frederick | MD | 21704 | Security analysis and services provided for the October, 2020 Presidential Debate | $842,187 | Suite S |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 92 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $8,894,387 | GovernmentGrantsAmt |
| All Other Contributions | $11,890,059 | AllOtherContributionsAmt |
| Noncash Contributions | $1,030,456 | NoncashContributionsAmt |
| Total Contributions | $20,784,446 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees - Instruction | 611310 | $306,599,683 | $306,599,683 |
| Residence Halls - Student Services | 721310 | $19,881,999 | $19,881,999 |
| BOOKSTORE SALES | 451211 | $5,533,713 | $5,533,713 |
| Conferences/seminars/workshops | 611710 | $1,263,686 | $1,263,686 |
| Athletics | 900099 | $1,101,409 | $1,101,409 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $334,380,490 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $73,336,346 | TotalRevenueColumnAmt |
| Exclusion | $73,336,346 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $510,705 | TotalRevenueColumnAmt |
| Exclusion | $510,705 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $759,483 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $578,424 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $181,059 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $181,059 | TotalRevenueColumnAmt |
| Exclusion | $181,059 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $53,894,635 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $80,851,751 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$26,957,116 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$26,957,116 | TotalRevenueColumnAmt |
| Exclusion | -$26,957,116 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,057 | FundraisingGrossIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,057 | TotalRevenueColumnAmt |
| Exclusion | $1,057 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $465,693 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $675,822 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$210,129 | TotalRevenueColumnAmt |
| Exclusion | -$210,129 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Cafeteria | 722310 | $3,713,737 | $3,713,737 | |
| Ocean Way Music Studio | 512240 | $552,205 | $552,205 | |
| Curb Events Center | 711310 | $154,386 | $124,355 | $30,031 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,420,328 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $406,447,186 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $338,218,582 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $582,236 | UnrelatedBusinessRevenueAmt |
| Exclusion | $46,861,922 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,647,292 | TotalAmt |
| Program Services | $92,647,292 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,767,374 | TotalAmt |
| Program Services | $1,815,814 | ProgramServicesAmt |
| Management And General | $3,621,682 | ManagementAndGeneralAmt |
| Fundraising | $329,878 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,945,709 | TotalAmt |
| Program Services | $89,336,918 | ProgramServicesAmt |
| Management And General | $9,672,459 | ManagementAndGeneralAmt |
| Fundraising | $1,936,332 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,771,962 | TotalAmt |
| Program Services | $3,328,091 | ProgramServicesAmt |
| Management And General | $374,953 | ManagementAndGeneralAmt |
| Fundraising | $68,918 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,313,850 | TotalAmt |
| Program Services | $83,387 | ProgramServicesAmt |
| Management And General | $13,691,706 | ManagementAndGeneralAmt |
| Fundraising | $538,757 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,149,077 | TotalAmt |
| Program Services | $6,120,544 | ProgramServicesAmt |
| Management And General | $878,269 | ManagementAndGeneralAmt |
| Fundraising | $150,264 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,235 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $415,235 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,986 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $132,986 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,565 | TotalAmt |
| Management And General | $272,565 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,753,304 | TotalAmt |
| Program Services | $2,965,828 | ProgramServicesAmt |
| Management And General | $4,736,313 | ManagementAndGeneralAmt |
| Fundraising | $51,163 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,724,389 | TotalAmt |
| Program Services | $268,210 | ProgramServicesAmt |
| Management And General | $2,426,087 | ManagementAndGeneralAmt |
| Fundraising | $30,092 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,036,913 | TotalAmt |
| Program Services | $1,025,229 | ProgramServicesAmt |
| Management And General | $945,343 | ManagementAndGeneralAmt |
| Fundraising | $66,341 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,978 | TotalAmt |
| Program Services | $238,790 | ProgramServicesAmt |
| Management And General | $131,034 | ManagementAndGeneralAmt |
| Fundraising | $1,154 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,528,234 | TotalAmt |
| Program Services | $9,199,940 | ProgramServicesAmt |
| Management And General | $1,328,294 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $613,088 | TotalAmt |
| Program Services | $115,559 | ProgramServicesAmt |
| Management And General | $496,846 | ManagementAndGeneralAmt |
| Fundraising | $683 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,269 | TotalAmt |
| Program Services | $6,977 | ProgramServicesAmt |
| Management And General | $178 | ManagementAndGeneralAmt |
| Fundraising | $114 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,865 | TotalAmt |
| Program Services | $106,844 | ProgramServicesAmt |
| Management And General | $17,021 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,364,714 | TotalAmt |
| Program Services | $10,720,626 | ProgramServicesAmt |
| Management And General | $2,644,088 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,564,929 | TotalAmt |
| Program Services | $37,274 | ProgramServicesAmt |
| Management And General | $1,527,655 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Loss on Disposal of Assets | $13,155,302 | $13,155,302 | $0 | $0 |
| Dues & Subscriptions | $6,205,292 | $3,162,400 | $3,034,938 | $7,954 |
| Bookstore Expense | $4,984,145 | $4,984,145 | $0 | $0 |
| Small Equipment & Supplies | $2,205,293 | $1,594,244 | $608,585 | $2,464 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,548,621 | TotalAmt |
| Program Services | $2,826,711 | ProgramServicesAmt |
| Management And General | $1,681,739 | ManagementAndGeneralAmt |
| Fundraising | $40,171 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,602,386 | TotalAmt |
| Program Services | $243,740,125 | ProgramServicesAmt |
| Management And General | $48,637,976 | ManagementAndGeneralAmt |
| Fundraising | $3,224,285 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,430 | BOYAmt |
| EOY | $7,430 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,493,523 | BOYAmt |
| EOY | $42,910,562 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,517,238 | BOYAmt |
| EOY | $18,085,336 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,401,745 | BOYAmt |
| EOY | $4,131,120 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,207,485 | BOYAmt |
| EOY | $1,271,493 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,008 | BOYAmt |
| EOY | $181,367 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,132 | BOYAmt |
| EOY | $2,410,884 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,050,777,870 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $172,849,304 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $746,434,064 | BOYAmt |
| EOY | $877,928,566 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $261,987,657 | BOYAmt |
| EOY | $341,638,156 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,572,686 | BOYAmt |
| EOY | $32,107,950 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,133,197,968 | BOYAmt |
| EOY | $1,320,672,864 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,806,661 | BOYAmt |
| EOY | $27,991,864 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,408,702 | BOYAmt |
| EOY | $4,100,408 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,147,367 | BOYAmt |
| EOY | $47,502,930 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,347 | BOYAmt |
| EOY | $203,214 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,762,977 | BOYAmt |
| EOY | $5,950,488 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,004,051 | BOYAmt |
| EOY | $20,783,583 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,307,105 | BOYAmt |
| EOY | $106,532,487 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $834,470,327 | BOYAmt |
| EOY | $914,886,011 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,420,536 | BOYAmt |
| EOY | $299,254,366 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,048,890,863 | BOYAmt |
| EOY | $1,214,140,377 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,133,197,968 | BOYAmt |
| EOY | $1,320,672,864 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $110,844,800 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $54,284,692 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $120,022 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,580,150 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,003,015 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,969,130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,563,913 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,784,446 | CurrentTaxYearAmt |
| Total | $97,900,654 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,580,150 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,003,015 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,969,130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,563,913 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,784,446 | CurrentTaxYearAmt |
| Total | $97,900,654 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $11,013,234 | SubstantialContributorsTotAmt |
| Public Support Total170 | $86,887,420 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,730,701 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,739,672 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,992,201 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,488,843 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $74,606,534 | CurrentTaxYearAmt |
| Total | $104,557,951 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,188,736 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,174,156 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,205,791 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,019,860 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $466,750 | CurrentTaxYearAmt |
| Total | $5,055,293 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $207,513,898 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,613,375,955 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.4187 | PublicSupportCY170Pct |
| Public Support PY170 | 0.5975 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - FUNDRAISING REVENUE, COLUMN A - 5777.0, COLUMN B - 6779.0, COLUMN C - 9143.0, COLUMN D - 3916.0, COLUMN E - 1057.0, COLUMN F - 26672.0; DESCRIPTION - GROSS SALES OF INVENTORY, COLUMN A - 1182959.0, COLUMN B - 1167377.0, COLUMN C - 1196648.0, COLUMN D - 1015944.0, COLUMN E - 465693.0, COLUMN F - 5028621.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | false | DirectContactLegislatorsInd |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $297 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $297 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | BELMONT UNIVERSITY PAID DUES TO TENNESSEE INDEPENDENT COLLEGES AND UNIVERSITIES ASSOCIATION IN THE AMOUNT OF $59,448 (a 20% reduction authorized by TICUA due to COVID-19's financial impact on member institutions). A PORTION OF THE DUES (0.5%) IN THE AMOUNT OF $297 WAS SPENT ON LOBBYING ACTIVITY. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $106,879 | RevenuesIncludedAmt |
| Assets Included | $16,850,820 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | Yes (true) | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $291,936,335 | BeginningYearBalanceAmt |
| Contributions | $32,158,260 | ContributionsAmt |
| Investment Earnings Or Losses | $74,388,156 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,848,342 | GrantsOrScholarshipsAmt |
| End Year Balance | $394,634,409 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $274,345,595 | BeginningYearBalanceAmt |
| Contributions | $8,596,841 | ContributionsAmt |
| Investment Earnings Or Losses | $12,849,336 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,855,437 | GrantsOrScholarshipsAmt |
| End Year Balance | $291,936,335 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $221,028,145 | BeginningYearBalanceAmt |
| Contributions | $55,267,288 | ContributionsAmt |
| Investment Earnings Or Losses | $1,068,234 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,018,072 | GrantsOrScholarshipsAmt |
| End Year Balance | $274,345,595 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $153,186,052 | BeginningYearBalanceAmt |
| Contributions | $55,165,738 | ContributionsAmt |
| Investment Earnings Or Losses | $15,474,895 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,798,540 | GrantsOrScholarshipsAmt |
| End Year Balance | $221,028,145 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $132,599,042 | BeginningYearBalanceAmt |
| Contributions | $8,727,493 | ContributionsAmt |
| Investment Earnings Or Losses | $14,700,255 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,840,738 | GrantsOrScholarshipsAmt |
| End Year Balance | $153,186,052 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.328 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.445 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.227 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,642,997 | OtherCostOrOtherBasisAmt |
| Book Value | $47,642,997 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $741,092,047 | OtherCostOrOtherBasisAmt |
| Depreciation | $125,655,034 | DepreciationAmt |
| Book Value | $615,437,013 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,094,921 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,155,102 | DepreciationAmt |
| Book Value | $1,939,819 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $35,322,171 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,733,121 | DepreciationAmt |
| Book Value | $1,589,050 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $221,625,734 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,306,047 | DepreciationAmt |
| Book Value | $211,319,687 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $877,928,566 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Interest Rate Swaps | $636,183 |
| Line of Credit | $15,000,000 |
| Lease Liabilities | $5,147,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $20,783,583 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $369,186,289 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $54,284,692 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,632,809 | OtherRevenueAmt |
| Revenue Not Reported | $55,917,501 | RevenueNotReportedAmt |
| Revenue Subtotal | $313,268,788 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $272,565 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $92,905,833 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $93,178,398 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $406,447,186 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $203,936,775 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,254,246 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,254,246 | ExpensesNotReportedAmt |
| Expenses Subtotal | $202,682,529 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $272,565 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $92,647,292 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $92,919,857 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $295,602,386 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE COLLECTION CONSISTS OF 2 YEMINI SCROLLS FROM THE MID 19TH CENTURY (APPROXIMATELY 150-175 YEARS OLD) THAT WERE GIVEN TO THE UNIVERSITY 12-13 YEARS AGO. THEY ARE SYNAGOGUE TORAH SCROLLS, HAND-WRITTEN ON PARCHMENT. THEY ARE STORED IN AN ARCHIVE ROOM IN THE LIBRARY, SINCE THEY CANNOT BE KEPT IN FIDELITY HALL BECAUSE OF STEAM HEAT. OCCASIONALLY THEY ARE USED IN CLASSES TO SHOW THEM TO STUDENTS AND TALK ABOUT THEIR CHARACTERISTICS AND SIGNIFICANCE. THREE REPLICA STATUES WERE PURCHASED BY THE UNIVERSITY AND ARE PLACED THROUGHOUT THE CAMPUS IN AN EFFORT TO HELP THE CAMPUS APPEAR AS IT MAY HAVE LOOKED BACK WHEN THE MANSION WAS ORIGINALLY BUILT. ADDITIONALLY, THE UNIVERSITY PURCHASED SEVERAL PIECES OF ART WORK THAT ARE PLACED IN THE GORDON INMAN BUILDING. THEY WERE BOUGHT TO ENHANCE THE APPEARANCE OF THE INTERIOR, SINCE THE BUILDING WOULD BE USED FOR VARIOUS GATHERINGS BY THE PRESIDENT AND SENIOR LEADERSHIP. A MAJORITY OF THE VALUE OF THE COLLECTION LIES IN THE VALUE OF THE SCROLLS. IN FY14, A NEW SCULPTURE WAS COMMISSIONED FOR THE TROUTT THEATER. (TOTAL VALUE OF THE COLLECTION ON THE BOOKS EQUALS $221,650 AND THE VALUE OF THE SCROLLS ON THE BOOKS IS $162,500.) ADDED TO COLLECTIONS IN FY17 WAS THE ESTATE DONATION OF RARE AND ICONIC GUITARS, WHICH WERE CAPITALIZED AT THE APPRAISED VALUE OF THE INSTRUMENTS OF $9,638,640 ON THE ACCESSION DATE OF OCTOBER 14, 2016. DUE TO BOTH ADDITIONAL PURCHASES AND SALES OF THE COLLECTION AS ALLOWED IN THE ENDOWMENT AGREEMENT, THE FAIR VALUE OF THE COLLECTION AS OF MAY 31, 2018 WAS $9,900,162. THE GUITARS ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF THE UNIVERSITY'S PUBLIC SERVICE. THE COLLECTION IS PROTECTED AND PRESERVED, AND SUBJECT TO UNIVERSITY POLICY REQUIRING THAT PROCEEDS OF ITEMS IN THE COLLECTION SOLD ARE TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE COLLECTION IS PART OF THE UNIVERSITY'S PERMANENT ENDOWMENT. GAINS OR LOSSES ON THE DEACCESSION OF COLLECTION ITEMS ARE CLASSIFIED ON THE STATEMENT OF ACTIVITIES AS PERMANENTLY RESTRICTED SUPPORT. IN FY19, A NEW ART COLLECTION WAS GIFTED, AN EXTENSIVE ART COLLECTION FROM THE WORKS OF FREDERICK HART, WHICH WAS CAPITALIZED AT THE APPRAISED VALUE OF THE ART OF $6,862,708 ON THE ACCESSION DATE OF DECEMBER 19, 2018. THE ART IS HELD FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF THE UNIVERSITY'S PUBLIC SERVICE. IN FY20, AN ADDITIONAL $68,840 IN APPRAISED ARTWORK WAS DONATED TO BELMONT TO BE ADDED TO THE FREDERICK HART COLLECTION.. IN FY21, AN ADDITIONAL $98,000 IN APPRAISED ARTWORK WAS DONATED TO BELMONT TO BE ADDED TO THE FREDERICK HART COLLECTION. |
| Schedule D, Part IV, Line 2b Explanation of escrow agreement | Deposits held for others are monies held by the University for various clubs and groups, as agency funds. The monies are entrusted to the University for safekeeping and may be used or withdrawn by the depositor at will. Funds may be held on behalf of students, faculty, staff, or organizations. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | THE INTENDED USE OF ENDOWMENT FUNDS IS TO PROVIDE STUDENT SCHOLARSHIPS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The University is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code; accordingly, no provision for income taxes has been made in the accompanying consolidated financial statements. The University is not classified as a private foundation. The University files a Form 990 (Return of Organization Exempt from Income Tax) annually. When these returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the tax position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to universities include such matters as the following: the tax exempt status of each entity and various positions relative to potential sources of unrelated business income tax ("UBIT"). UBIT is reported on Form 990-T, as appropriate. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes that it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions are not offset or aggregated with other positions. Tax positions that meet the "more likely than not" recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized on settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above would be reflected as a liability for uncertain tax benefits in the accompanying statements of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of May 31, 2021 and 2020, there were no uncertain tax positions identified. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Forms 990 and 990-T filed by the University are subject to examination by the Internal Revenue Service (IRS) up to three years from the extended due date of each return. Management believes the Forms 990 and 990-T have been filed appropriately. Forms 990 and 990-T filed by the University are no longer subject to examination for the fiscal years ended May 31, 2016 and prior. The University would recognize interest and penalties related to unrecognized tax positions in interest and income tax expense, respectively. The University did not recognize or accrue any interest or penalties as of May 31, 2021 and 2020, and for the years then ended. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Cost of Goods Sold - 675822 Change in value of interest rate swaps - 378563 Rental Expenses - 578424 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Scholarships and Fellowships - 92647292 Change in value of annuity agreements - 258541 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Cost of Goods Sold - 675822 Rental Expenses - 578424 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Scholarships and Fellowships - 92647292 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | THE COLLEGE'S NONDISCRIMINATORY POLICY IS PRINTED IN THE "EMPLOYEE POLICIES AND PROCEDURES" MANUAL AS WELL AS THE STUDENT HANDBOOK. THIS POLICY IS ALSO DISPLAYED ON BELMONT'S WEBSITE VIA A DIRECT LINK ON EACH WEBSITE PAGE. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | THE PERKINS LOAN PROGRAM IS A CAMPUS-BASED PROGRAM PROVIDING FINANCIAL ASSISTANCE TO ELIGIBLE POST-SECONDARY SCHOOL STUDENTS BASED ON FINANCIAL NEED. THE DEPARTMENT OF EDUCATION PROVIDES FUNDS ALONG WITH THE UNIVERSITY, WHICH ARE USED TO MAKE LOANS TO ELIGIBLE STUDENTS AT LOW INTEREST RATES. THE ORGANIZATION ALSO RECEIVED FUNDING FROM THE FEDERAL CARES ACT GRANT EDUCATION STABILIZATION FUND, PARTS II AND III, FOR BOTH STUDENT AND INSTITUTIONAL GRANTS. PART II WAS FULLY DISTRIBUTED IN FISCAL 2021. PART III WILL NOT BE DISTRIBUTED UNTIL FISCAL YEAR 2022. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| MERIT BASED | 4548 | $37,288,185 |
| NEED BASED | 7740 | $43,639,705 |
| ATHLETIC | 318 | $6,488,236 |
| ENDOWED | 1396 | $3,930,315 |
| TALENT BASED | 292 | $1,300,851 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY AWARDS GRANTS AND SCHOLARSHIPS TO ENROLLED STUDENTS. GRANTS ARE CREDITED TO THE RECIPIENTS' ACCOUNTS FOR TUITION, FEES, ROOM AND BOARD. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Robert Fisher | ||||||||||||||
| President (until 5.31.21) | $993,048 | $0 | $100,000 | $0 | $9,042 | $0 | $14,250 | $0 | $21,073 | $0 | $1,137,413 | $0 | $0 | $0 |
| Thomas Burns | ||||||||||||||
| Provost | $415,241 | $0 | $0 | $0 | $691 | $0 | $14,250 | $0 | $28,666 | $0 | $458,848 | $0 | $0 | $0 |
| Steven Lasley | ||||||||||||||
| VP of Finance and Operations | $374,252 | $0 | $0 | $0 | $949 | $0 | $14,250 | $0 | $29,551 | $0 | $419,002 | $0 | $0 | $0 |
| Jason Rogers | ||||||||||||||
| VP of Administration & University Counsel | $305,996 | $0 | $0 | $0 | $811 | $0 | $14,250 | $0 | $26,550 | $0 | $347,607 | $0 | $0 | $0 |
| Paula Gill | ||||||||||||||
| Vice President Institutional Effectiveness | $291,575 | $0 | $0 | $0 | $935 | $0 | $14,250 | $0 | $13,921 | $0 | $320,681 | $0 | $0 | $0 |
| Clifton Perry Moulds | ||||||||||||||
| VP of University Advancement | $284,127 | $0 | $0 | $0 | $325 | $0 | $14,250 | $0 | $25,631 | $0 | $324,333 | $0 | $0 | $0 |
| Susan West | ||||||||||||||
| VP/Chief of Staff | $266,039 | $0 | $0 | $0 | $915 | $0 | $13,302 | $0 | $20,569 | $0 | $300,825 | $0 | $0 | $0 |
| John Carney | ||||||||||||||
| VP of Marketing and Communications | $265,623 | $0 | $0 | $0 | $607 | $0 | $13,231 | $0 | $23,326 | $0 | $302,787 | $0 | $0 | $0 |
| Todd Lake | ||||||||||||||
| VP of Spiritual Development | $174,180 | $0 | $0 | $0 | $0 | $0 | $12,490 | $0 | $89,571 | $0 | $276,241 | $0 | $0 | $0 |
| Alberto Gonzales | ||||||||||||||
| Dean | $430,145 | $0 | $0 | $0 | $1,315 | $0 | $14,250 | $0 | $23,112 | $0 | $468,822 | $0 | $0 | $0 |
| Sarah Gardial | ||||||||||||||
| Dean | $351,379 | $0 | $0 | $0 | $551 | $0 | $14,250 | $0 | $15,190 | $0 | $381,370 | $0 | $0 | $0 |
| Philip Johnston | ||||||||||||||
| Dean | $325,512 | $0 | $0 | $0 | $1,501 | $0 | $14,250 | $0 | $20,628 | $0 | $361,891 | $0 | $0 | $0 |
| David Gregory | ||||||||||||||
| Dean | $255,549 | $0 | $0 | $0 | $523 | $0 | $12,896 | $0 | $13,253 | $0 | $282,221 | $0 | $0 | $0 |
| Jhennifer Amundson | ||||||||||||||
| Dean | $239,301 | $0 | $0 | $0 | $624 | $0 | $11,596 | $0 | $15,056 | $0 | $266,577 | $0 | $0 | $0 |
| Casey Alexander | ||||||||||||||
| Head Men's Basketball Coach | $669,915 | $0 | $80,000 | $0 | $643 | $0 | $14,250 | $0 | $23,112 | $0 | $787,920 | $0 | $0 | $0 |
| Jeffrey Kinsler | ||||||||||||||
| Professor | $292,566 | $0 | $0 | $0 | $436 | $0 | $14,250 | $0 | $9,115 | $0 | $316,367 | $0 | $0 | $0 |
| Scott Corley | ||||||||||||||
| Athletic Director | $256,949 | $0 | $0 | $0 | $403 | $0 | $13,132 | $0 | $22,486 | $0 | $292,970 | $0 | $0 | $0 |
| Bart Brooks | ||||||||||||||
| Head Woman's Basketball Coach | $234,921 | $0 | $20,000 | $0 | $325 | $0 | $11,578 | $0 | $23,400 | $0 | $290,224 | $0 | $0 | $0 |
| Jeffrey Cornwall | ||||||||||||||
| Professor | $240,958 | $0 | $0 | $0 | $854 | $0 | $12,109 | $0 | $18,036 | $0 | $271,957 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | Todd Lake, VP for Spiritual Development, receives a qualified minister allowance in the amount of $5,000 per month. This amount is removed from taxable income on his annual W-2. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | The university pays an annual golf club membership on behalf of its head basketball coach. The membership is being treated as taxable compensation to the basketball coach. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | Dr. Robert Fisher, University President, participates in a supplemental non-qualified retirement plan. In FY 2021, no additional accruals were contributed to his plan per his contract. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Business Name Line2IssuerName/BusinessNameLine2Txt | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|---|
| HEALTH AND EDUCATIONAL FACILITIES BOARD OF THE METROPOLITAN GOVERNMENT OF N | |||||||||
| A | ASHVILLE AND DAVIDSON COUNTY TN (2012A) | 626139016 | 000000000 | 2012-05-30 | $50,900,000 | REFUNDING BOND ISSUE | false | false | false |
| HEALTH AND EDUCATIONAL FACILITIES BOARD OF METROPOLITAN GOVERNMENT OF NASHV | |||||||||
| B | ILLE AND DAVIDSON COUNTY TENNESSEE | 626139016 | 592041TS6 | 2012-05-30 | $59,162,825 | CONSTRUCTION OF CAMPUS FACILITIES | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $43,764,000 | $0 | $50,900,000 | $0 | $0 | $0 | $0 | $0 | $0 | $50,900,000 | $0 | Yes (true) | false | Yes (true) | Yes (true) | |
| B | $18,337,919 | $0 | $59,162,825 | $0 | $0 | $559,269 | $0 | $0 | $48,545,280 | $10,058,276 | $0 | Yes (true) | false | Yes (true) | Yes (true) | 2013 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.0 | false | false | false |
| B | false | false | false | false | 0.0 | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | false | Yes (true) | false | false | false | false |
| B | false | false | Yes (true) | false | Yes (true) | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Cash GrantCashGrantAmt | Type Of AssistanceTypeOfAssistanceTxt |
|---|---|---|
| SEE PART V | ||
| N/A | $80,890 | DISCOUNTED TUITION |
| SEE PART V | ||
| N/A | $5,500 | SCHOLARSHIP |
| SEE PART V | ||
| N/A | $36,650 | FINANCIAL AID |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part III GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS | FormAndLineReferenceDesc |
| Explanation | COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. PURSUANT TO THE INSTRUCTIONS TO FORM 990, SCH L, PART III, COLUMNS(A) AND (B) HAVE BEEN LEFT BLANK. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $98,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Opinions of experts | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $4,600 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Opinions of experts | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 20 | ContributionCnt |
| Noncash Contributions Rpt F990 | $923,577 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Sound recording equipment | 1 | $1,050 | Market value |
| Yes (X) | Athletic equipment | 1 | $529 | Cost |
| Yes (X) | Baseball equipment | 1 | $2,700 | Market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Art - Works of art - Above represents the number of contributions. A full inventory and fair market assessment are on file and were audited by our external auditing firm. Other - Sound recording equipment Number of contributions Other - Athletic equipment Number of contributions Books and publications - Number of items received Securities - Publicly traded - number of contributions Other - Baseball equipment Number of contributions | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 15b COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES | PROCESS FOR DETERMINING OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION: THE HUMAN RESOURCE DIRECTOR OBTAINS REGIONAL AND NATIONAL DATA ON COMPARABLE COMPENSATION OF SIMILAR POSITIONS AND SKILL LEVEL. THE COMPENSATION IS THEN REVIEWED BY THE SEARCH COMMITTEE WITH FINAL APPROVAL BY THE PRESIDENT OF THE UNIVERSITY. DOCUMENTATION OF THE PROCESS AND RESULTS IS KEPT IN HUMAN RESOURCES. THIS PROCESS WAS LAST CONDUCTED IN FY 2014. SINCE THIS PROCESS WAS NOT DONE DURING FY21, THIS QUESTION HAS BEEN MARKED "NO" IN ACCORDANCE WITH IRS INSTRUCTIONS. |
| Form 990, Part VI, Line 15a PRESIDENTS COMPENSATION | PROCESS FOR DETERMINING PRESIDENT'S COMPENSATION: THE HUMAN RESOURCE DIRECTOR OBTAINS REGIONAL AND NATIONAL DATA ON COMPARABLE COMPENSATION OF SIMILAR POSITIONS AND SKILL LEVEL. COMPENSATION IS THEN REVIEWED BY THE SEARCH COMMITTEE WITH FINAL APPROVAL BY THE BOARD OF TRUSTEES. DOCUMENTATION OF THE PROCESS AND RESULTS IS KEPT IN HUMAN RESOURCES. THIS PROCESS WAS LAST CONDUCTED IN FY 2016. SINCE THIS PROCESS WAS NOT DONE DURING FY21, THIS QUESTION HAS BEEN MARKED "NO" IN ACCORDANCE WITH IRS INSTRUCTIONS. |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | Article VI, Section 1: The executive committee shall have and exercise the authority of the Board of Trustees in the management of the Corporation during the interim between the meetings of the Board of Trustees. In addition, the committee shall be responsible for coordinating with and advising the president on strategic issues affecting the University. |
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | ANN RUSSELL AND JOE RUSSELL - Family relationship |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, WITH COPIES MARKED "DRAFT" AND THEN SUBMITTED ELECTRONICALLY TO EACH MEMBER OF THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND COMMENT. THE RETURN IS FORMALLY SUBMITTED UPON COMPLETION OF REVIEW. |
| Form 990, Part VI, Line 12c Conflict of interest policy | COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY. UPDATED FORMS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE OFFICE OF INSTITUTIONAL EFFECTIVENESS. ALL INTERESTED PERSONS SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICTS OF INTEREST. IN THE EVENT OF A CONFLICT, THE TRUSTEE OR OFFICER SHALL ABSENT HIM OR HERSELF FROM DISCUSSIONS OF, AND ABSTAIN FROM VOTING ON, SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. |
| Form 990, Part VI, Line 19 Required documents available to the public | Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | CHANGE IN VALUE OF INTEREST RATE SWAPS - 378563; CHANGE IN VALUE OF ANNUITIES - -258541; |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | EINEIN | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARITABLE REMAINDER TRUST (1) | |||||||||||
| 1900 Belmont Blvd | Nashville | TN | 37212 | INVESTMENTS | TN | NA | Trust | Yes (true) | |||
| THE ATHLETE'S HOUSE INTERNATIONAL LTD | |||||||||||
| 1900 BELMONT BLVD | NASHVILLE | TN | 37212 | DEVELOPMENT OF CAMPUS FACILITIES | TN | BELMONT UNIVERSITY | S Corporation | Yes (true) | 620941784 | -$585 | $14,603 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |