Johnson C Smith University Incorporated

Organization Overview

Johnson C Smith University Incorporated is located in Charlotte, NC. The organization was established in 1945. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Johnson C Smith University Incorporated employed 349 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Johnson C Smith University Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Johnson C Smith University Incorporated generated $52.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $53.0m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

JOHNSON C. SMITH UNIVERSITY OFFERS A LIBERAL ARTS EDUCATION TO A DIVERSE GROUP OF TALENTED AND MOTIVATED STUDENTS IN PREPARATION FOR ADVANCE STUDY AND SPECIFIC CAREERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTION: JOHNSON C. SMITH UNIVERSITY OFFERS INSTRUCTIONS IN VARIOUS LIBERAL ARTS PROGRAMS. FOR THE REPORTING PERIOD THE UNIVERSITY HAD ALMOST 1,800 STUDENTS MATRICULATING IN THESE PROGRAMS. JOHNSON C. SMITH UNIVERSITY HAS 3 COLLEGES FROM WHICH STUDENTS CAN CHOOSE VARIOUS MAJORS: COLLEGE OF ARTS AND LETTERS, COLLEGE OF PROFESSIONAL STUDIES, AND COLLEGE OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS.


STUDENT SERVICES: JOHNSON C SMITH UNIVERSITY OFFERS A WIDE RANGE OF SERVICES TO ITS STUDENTS. THESE PROGRAMS INCLUDE THE FOLLOWING SERVICES: PLACEMENT AND CAREER COUNSELING, ADMISSION, REGISTRAR, FINANCIAL AID, SPORTS AND VARIOUS OTHER STUDENT ACTIVITIES.


ACADEMIC SUPPORT: OUR ACADEMIC SUPPORT SERVICES INCLUDES INFORMATION TECHNOLOGY, LIBRARY SERVICES, SMART CLASSROOMS, AND FACULTY TRAINING. EVERY FULLTIME STUDENT AT JOHNSON C. SMITH UNIVERSITY RECEIVES A LAPTOP. OUR LIBRARY CONTINUES TO UPDATE ITS BOOK CATALOGS. IN ADDITION, STUDENTS HAVE ACCESS TO A WIDE RANGE OF ONLINE CATALOGS. JOHNSON C. SMITH UNIVERSITY IS IN THE PROCESS OF TRANSFORMING ALL ITS TRADITIONAL CLASSROOMS INTO SMART CLASSROOMS BY PLACING TECHNOLOGY AT THE STUDENT'S FINGER TIP.


OTHER: PUBLIC SERVICE, STUDENT ASSISTANCE, AUXILIARY SERVICE (ROOM AND BOARD)


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mosaic Village Holdings Llc
Property Management
$2,098,536
Wff Facility Service
Janitorial Service
$1,675,303
Perkins Management Service Co
Food Service
$1,175,960
Str Mechanical Inc
Security Services
$1,003,340
Follett Higher Education Group
Contract Bookstore
$741,676
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$20,416,800
Investment income $95,563
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $76,195
Net Gain/Loss on Asset Sales -$1,020,929
Net Income from Fundraising Events -$85,528
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $51,955,069

Grants Recieved

Over the last fiscal year, we have identified 37 grants that Johnson C Smith University Incorporated has recieved totaling $24,535,710.

Awarding OrganizationAmount
Duke Endowment

Charlotte, NC

PURPOSE: WEST TRADE ACTIVATION PLAN | PHASES 1 AND 2 | LAND

$6,990,000
Duke Endowment

Charlotte, NC

PURPOSE: TO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, SUPPORT FOR IMPLEMENTING THE NEW STRATEGIC PLAN IN COORDINATION WITH THE CHARLOTTE MAYORS RACIAL EQUITY CAMPAIGN.

$5,000,000
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES

$3,000,100
Duke Endowment

Charlotte, NC

PURPOSE: TO SUPPORT STUDENT FINANCIAL AID AND SCHOLARSHIPS.

$2,050,158
Duke Endowment

Charlotte, NC

PURPOSE: TO SUPPORT THE NEW STRATEGIC PLAN IMPLEMENTATION IN COORDINATION WITH THE CHARLOTTE MAYORS RACIAL EQUITY CAMPAIGN.

$2,000,000
Duke Endowment

Charlotte, NC

PURPOSE: TO PROVIDE UNRESTRICTED OPERATING SUPPORT.

$1,800,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$65,797,169
Earnings$18,391,399
Admin Expense$488,423
Other Expense$4,821,472
Grants$3,711,254
Ending Balance$75,167,419

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$73,065,264
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$73,682,721
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$69,170,999

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