Belmont University

Organization Overview

Belmont University is located in Nashville, TN. The organization was established in 1951. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2020, Belmont University employed 3,519 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 05/2020, Belmont University generated $378.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $281.3m during the year ending 05/2020. While expenses have increased by 6.6% per year over the past 5 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

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS, INSTRUCTION AND STUDENT SERVICES ARE PROVIDED TO MORE THAN 8,600 STUDENTS, OFFERING MORE THAN 65 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 TWELVE 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 SIX 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 120 CLUBS AND ORGANIZATIONS AVAILABLE TO STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Earl Swensson Associates
Architects
$3,516,121
R C Mathews Contractor Llc
Primary General Contractor
$49,951,416
Sodexo
Food Service Vendor
$11,074,265
Lee Company
Construction/hvac Services
$4,836,769
Enterprise Solutions
Construction And Electrical Design
$2,877,133
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,901,125
All other contributions, gifts, grants, and similar amounts not included above$8,662,788
Noncash contributions included in lines 1a–1f $1,908,369
Total Revenue from Contributions, Gifts, Grants & Similar$14,563,913
Total Program Service Revenue$340,998,168
Investment income $10,007,837
Tax Exempt Bond Proceeds $0
Royalties $377,432
Net Rental Income $391,125
Net Gain/Loss on Asset Sales $5,441,835
Net Income from Fundraising Events $3,916
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $208,400
Miscellaneous Revenue$0
Total Revenue $378,873,316

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Belmont University has recieved totaling $193,111.

Awarding OrganizationAmount
Servant Foundation

Overland Park, KS

PURPOSE: EDUCATION

$57,000
Chuck And Monica Mcquaid Family Foundation

Downers Grove, IL

PURPOSE: LIBERAL ARTS AND PROFESSIONAL EDUCATION

$50,000
Daniels Fund

Denver, CO

PURPOSE: SCHOLARSHIPS

$27,597
Raymond James Charitable Endowment Fund

St Petersburg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$15,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$6,464
$5,050
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$274,345,595
Earnings$12,849,336
Net Contributions$8,596,841
Grants$3,855,437
Ending Balance$291,936,335

Peer Organizations

Organization NameAssets
Wake Forest University
Winstonsalem, NC
$583,443,727
Emory University
Decatur, GA
$526,678,235
Savannah College Of Art And Design Inc
Savannah, GA
$587,003,201
University Of Richmond
Richmond, VA
$458,087,443
The Corporation Of Mercer University
Macon, GA
$406,533,025
Elon University
Elon, NC
$328,453,491
Belmont University
Nashville, TN
$378,873,316
Campbell University Inc
Buies Creek, NC
$261,461,317
Samford University
Birmingham, AL
$233,018,125
Lipscomb University
Nashville, TN
$193,551,646
Hampton University
Hampton, VA
$206,010,995
Webster University
St Louis, MO
$161,315,329

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