Florida Southern College

Organization Overview

Florida Southern College is located in Lakeland, FL. The organization was established in 1941. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Florida Southern College employed 1,583 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Southern College 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 05/2020, Florida Southern College generated $143.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $134.9m during the year ending 05/2020. While expenses have increased by 4.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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

PRIVATE UNITED METHODIST AFFILIATED COLLEGE THAT IS COMMITTED TO EDUCATIONAL EXCELLENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FLORIDA SOUTHERN COLLEGE, A PRIVATE, COMPREHENSIVE COLLEGE DEDICATED TO TEACHING EXCELLENCE IN 59 PROGRAMS OF STUDY FOR UNDERGRADUATE STUDENTS. THE COLLEGE OFFERS 15 MASTER'S DEGREE PROGRAMS IN EDUCATION, NURSING AND BUSINESS, ALONG WITH FOUR DOCTORATE PROGRAMS IN EDUCATION, PHYSICAL THERAPY AND NURSING. THE COLLEGE IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES. THE COLLEGE'S 2021 ENTERING FRESHMAN CLASS OF 792 HAD THE HIGHEST ACT SCORE OF AN ENTERING CLASS. THE COLLEGE'S 2,613 FULLTIME TRADITIONAL UNDERGRADUATE STUDENTS COME FROM 45 STATES AND 55 COUNTRIES AND TERRITORIES, WITH 78% OF THEM RESIDING IN CAMPUS HOUSING. MORE THAN 99% RECEIVE SOME FORM OF FINANCIAL ASSISTANCE, INCLUDING 28% WHO RECEIVE PELL GRANTS. (CONTINUED ON SCHEDULE O)FLORIDA SOUTHERN IS NATIONALLY RECOGNIZED FOR EXCELLENCE IN EXPERIENTIAL EDUCATION. OUR ENGAGED LEARNING PEDAGOGY CHALLENGES STUDENTS TO DEEPEN THEIR LEARNING AND EXPLORE THEIR POTENTIAL. WE ARE PROUD TO PROVIDE STUDENTS WITH OPPORTUNITIES TO APPLY THEIR LEARNING THROUGH STUDENT-FACULTY COLLABORATIVE RESEARCH, STUDENT MUSICAL PERFORMANCES, SERVICE LEARNING, CIVIC ENGAGEMENT, INTERNSHIPS, AND STUDY-ABROAD OPPORTUNITIES. STUDENTS ARE TAUGHT BY DYNAMIC PROFESSORS, INCLUDING 158 FULL-TIME FACULTY THAT RESULTS IN A 14:1 STUDENT-FACULTY RATIO. THE FACULTY HAVE OUTSTANDING CREDENTIALS, WITH 90% WHO HAVE EARNED THEIR TERMINAL DEGREE IN THEIR FIELD OF EXPERTISE. FLORIDA SOUTHERN ALSO EMPHASIZES WHOLE-STUDENT DEVELOPMENT AND HAS A VIBRANT EXTRA-CURRICULAR AGENDA THAT SUPPORTS BOTH CLASSROOM AND OUT-OF-CLASSROOM PERSONAL GROWTH EXPERIENCES. A WELL-TRAINED STAFF OF PROFESSIONALS LEAD THESE ACTIVITIES THAT FOSTER NOT ONLY ACADEMIC, BUT ALSO PHYSICAL, SPIRITUAL, AND SOCIAL DEVELOPMENT. FLORIDA SOUTHERN CONTINUES TO EARN RECOGNITION AS ONE OF THE NATION'S BEST SMALL PRIVATE COLLEGES AND IS CONSISTENTLY INCLUDED IN GUIDEBOOKS SUCH AS THE PRINCETON REVIEW'S BEST COLLEGES, US NEWS & WORLD REPORT, AND COLLEGES OF DISTINCTION. THE FISKE GUIDE TO COLLEGES ALSO INCLUDES FSC AMONG THE "BEST AND MOST INTERESTING" SCHOOLS IN THE US PUBLICATIONS SUCH AS BLOOMBERG BUSINESSWEEK AND THE BUSINESS RESEARCH GUIDE TOUT FSC'S BARNEY BARNETT SCHOOL OF BUSINESS AND FREE ENTERPRISE AS ONE OF THE "BEST UNDERGRADUATE BUSINESS PROGRAMS AND "MOST INNOVATIVE SMALL COLLEGE BUSINESS DEPARTMENTS" IN THE NATION. THE BARNETT SCHOOL IS ALSO AACSB ACCREDITED AND INCLUDED IN THE PRINCETON REVIEW'S "BEST ON-CAMPUS M.B.A SCHOOLS" LIST AND IS LISTED AMONG THE "TOP UNDERGRADUATE SCHOOLS FOR BUSINESS IN THE NATION" BY POETS & QUANTS. THE ANN BLANTON EDWARDS SCHOOL OF NURSING AND HEALTH SCIENCES AND THE SCHOOL OF EDUCATION WERE NAMED BY U.S. NEWS & WORLD REPORT AMONG THE NATION'S BEST GRADUATE SCHOOLS. THE VALUE FLORIDA SOUTHERN PROVIDES ITS STUDENTS IS ALSO WIDELY RECOGNIZED BY US NEWS & WORLD REPORT, WHICH INCLUDES FLORIDA SOUTHERN ON ITS "BEST BUY" LIST, AND WASHINGTON MONTHLY TOUTS FLORIDA SOUTHERN AS AN INSTITUTION WHERE YOU WILL GET THE "BEST BANG FOR YOUR BUCK." THE PRINCETON REVIEW AGAIN RECOGNIZED FSC FOR ITS CAMPUS BEAUTY AND EXCEPTIONAL ARCHITECTURAL HERITAGE BY BEING RANKED ONE OF THE TOP TEN MOST BEAUTIFUL CAMPUSES. THE TWELFTH CONSECUTIVE YEAR THAT FSC HAS BEEN IN THIS CATEGORY, IT WAS RANKED NUMBER ONE FOR AN UNPRECEDENTED TWO CONSECUTIVE YEARS IN 2011 AND 2012. THE COLLEGE'S 120-ACRE CAMPUS INCLUDES ACADEMIC BUILDINGS, RESIDENCE HALLS, ATHLETIC FACILITIES, STUDENT LIFE ACTIVITY SPACES, ADMINISTRATIVE OFFICES, AND STUDENT SUPPORT LEARNING SPACES, A PERFORMING ARTS CENTER, OTHER AUDITORIA FOR BOTH MUSICAL AND ALL-COLLEGE PROGRAMS, CHAPELS FOR CAMPUS MINISTRIES, AND MAINTENANCE AND WORKSHOP FACILITIES. THE COLLEGE OWNS AND OPERATES SEVERAL NEARBY APARTMENT COMPLEXES FOR STUDENT HOUSING.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Guest Services Inc
Cafeteria Management
$4,910,249
Rodda Construction Inc
Construction Services
$3,629,530
Minute Clinic Llc
Contractor
$2,330,700
Trilogy Leasing Co Llc
Contractor
$1,314,985
Q & Q Inc
Contractor
$1,868,204
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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$13,794,203
Investment income $2,327,259
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,268,703
Net Income from Fundraising Events $13,601
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $104,645
Miscellaneous Revenue$0
Total Revenue $143,874,205

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Florida Southern College has recieved totaling $57,750.

Awarding OrganizationAmount
$56,500
Basis Endowment Foundation

Tampa, FL

PURPOSE: GENERAL FUND

$1,000
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$108,088,885
Earnings$3,689,640
Net Contributions$4,855,167
Other Expense$12,704,639
Ending Balance$103,929,053

Peer Organizations

Organization NameAssets
Everglades College Inc
Fort Lauderdale, FL
$647,335,916
Rollins College
Winter Park, FL
$217,797,924
Berry College Inc
Mount Berry, GA
$178,933,031
Florida Southern College
Lakeland, FL
$143,874,205
Southeastern University Inc
Lakeland, FL
$143,033,375
Eckerd College
St Petersburg, FL
$127,879,721
Palm Beach Atlantic University Inc
West Palm Beach, FL
$119,213,584
Spelman College
Atlanta, GA
$182,970,731
Ringling College Of Art And Design Inc
Sarasota, FL
$119,229,866
Morehouse College
Atlanta, GA
$206,029,432
Bethune-Cookman University
Daytona Beach, FL
$117,726,569
Birmingham-Southern College
Birmingham, AL
$42,694,906

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