Centre College Of Kentucky

Organization Overview

Centre College Of Kentucky is located in Danville, KY. The organization was established in 1943. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Centre College Of Kentucky employed 1,320 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centre College Of Kentucky 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 06/2021, Centre College Of Kentucky generated $215.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $113.4m during the year ending 06/2021. While expenses have increased by 4.0% 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CENTRE COLLEGE IS AN EDUCATIONAL COMMUNITY DEDICATED TO STUDY IN THE LIBERAL ARTS AS A MEANS TO DEVELOP THE INTELLECTUAL, PERSONAL, AND MORAL POTENTIAL OF ITS STUDENTS.

Describe the Organization's Program Activity:

FOUNDED IN 1819, THE SOLE MISSION OF CENTRE, A NATIONALLY RANKED RESIDENTIAL CO-ED PRIVATE LIBERAL ARTS COLLEGE, IS TO PROVIDE EXCEPTIONAL POST-SECONDARY UNDERGRADUATE EDUCATION TO ITS STUDENTS. WE GUARANTEE THE OPPORTUNITY TO STUDY ABROAD, TO HAVE AN INTERNSHIP, AND TO GRADUATE IN FOUR YEARS. TO DEVELOP A GLOBAL PERSPECTIVE, ABOUT 85 PERCENT OF OUR STUDENTS STUDY ABROAD, WITH CENTRE PROFESSORS, AT LEAST ONCE. COUPLED WITH SMALL CLASSES, HIGH GRADUATION RATES, ENGAGED PROFESSORS, AND REAL-WORLD PREPARATION FOR CAREER, GRADUATES ENJOY A HIGH SUCCESS RATE FOR EMPLOYMENT OR GRADUATE DEGREE ACCEPTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
John A Roush
President
$992,353
Brian Hutzley
Vp, CFO And Treasurer
$258,533
Ellen Goldey
VP For Academic Affairs
$191,646
Shawn Lyons
VP For Development And Alumni
$177,486
Milton Moreland
President
$171,005
James P Leahey
VP For Legal Affairs And Gift
$149,888

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wehr Constructors
Architectural
$4,242,303
Sodexo
Food Service
$3,325,694
Danville Pediatrics Primary Care
Medical
$534,730
Schuster Accociates Inc
Designers
$547,009
Dean Builds Inc
Construction
$832,371
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $9,280,364
All other contributions, gifts, grants, and similar amounts not included above$26,767,259
Noncash contributions included in lines 1a–1f $354,423
Total Revenue from Contributions, Gifts, Grants & Similar$36,047,623
Total Program Service Revenue$70,940,742
Investment income $101,558,836
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,512,243
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $215,283,093

Grants Recieved

Over the last fiscal year, we have identified 31 grants that Centre College Of Kentucky has recieved totaling $402,864.

Awarding OrganizationAmount
Mackin Foundation Inc

Louisville, KY

PURPOSE: EDUCATION

$100,000
Associated Colleges Of The South Inc

Atlanta, GA

PURPOSE: EDUCATION

$48,437
Margaret Voorhies Haggin Memorial Trust

Pittsburgh, PA

PURPOSE: GENERAL OPERATING

$30,000
Wunsch Foundation Inc

New York, NY

PURPOSE: EDUCATION

$28,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$27,700
Blue Grass Community Foundation Inc

Lexington, KY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$327,202,228
Earnings$115,356,973
Admin Expense$3,093,434
Net Contributions-$3,246,155
Other Expense$6,127,911
Grants$8,390,059
Ending Balance$421,701,642

Peer Organizations

Organization NameAssets
Oberlin College
Oberlin, OH
$305,531,376
Columbia College Chicago
Chicago, IL
$221,332,415
Washington & Lee University
Lexington, VA
$186,199,453
Denison University
Granville, OH
$275,909,448
Indiana Wesleyan University
Marion, IN
$212,201,058
Depauw University
Greencastle, IN
$170,125,801
Wheaton College
Wheaton, IL
$280,776,360
College Of Wooster
Wooster, OH
$184,916,713
Ohio Northern University
Ada, OH
$166,164,613
The Cedarville University
Cedarville, OH
$182,725,706
Kenyon College
Gambier, OH
$159,022,032
Rhodes College
Memphis, TN
$126,618,541

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