Fisk University

Organization Overview

Fisk University is located in Nashville, TN. The organization was established in 1934. 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, Fisk University employed 462 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fisk University 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, Fisk University generated $54.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $42.5m during the year ending 06/2021. While expenses have increased by 0.8% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

FISK UNIVERSITY PRODUCES GRADUATES FROM DIVERSE BACKGROUNDS WITH THE INTEGRITY AND INTELLECT REQUIRED FOR SUBSTANTIVE CONTRIBUTIONS TO SOCIETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS AN INSTITUTION OF HIGHER EDUCATION ANDPROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORTSERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATINGSTUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Thompson Hospitality
Food Services
$1,608,755
Meritain Health
Insurance
$375,944
Nashville Electric Service
Construction
$827,152
Midsouth Construction
Construction
$358,165
Thompson Facility Services
Facility Servicing
$2,150,484
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$28,735,620
Investment income $552,882
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,083,629
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $54,477,071

Grants Recieved

Over the last fiscal year, we have identified 57 grants that Fisk University has recieved totaling $5,275,905.

Awarding OrganizationAmount
United Negro College Fund Inc

Washington, DC

PURPOSE: GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN

$1,400,095
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$1,000,000
Rise Opportunity Foundation

Chicago, IL

PURPOSE: GENERAL SUPPORT

$500,000
Andrew W Mellon Foundation

New York, NY

PURPOSE: TO SUPPORT THE CATALOGUING AND CONSERVATION OF THE FISK UNIVERSITY GALLERIES COLLECTIONS, IN PARTICULAR THE HARMON FOUNDATION COLLECTION OF AFRICAN MODERNIST ART

$500,000
James R Meadows Jr Foundation

Nashville, TN

PURPOSE: FOR USE IN THE ORGANIZATION'S EXEMPT FUNCTION

$266,000
Regions Foundation

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$250,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,107,809
Earnings$4,056,449
Net Contributions$4,636,136
Grants$1,113,911
Ending Balance$33,686,483

Peer Organizations

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$135,462,423
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$211,155,067
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$116,895,847
Marymount University
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Rockhurst University
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$126,555,115
Columbia College
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$84,570,180
Gardner-Webb University
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$100,956,877
Park University
Parkville, MO
$102,110,275
Meredith College
Raleigh, NC
$93,593,801
Georgia Tech Athletic Association
Atlanta, GA
$79,492,257
Queens University Of Charlotte
Charlotte, NC
$81,135,661
William Carey University
Hattiesburg, MS
$93,416,449

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