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 05/2022, Belmont University employed 4,148 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmont 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 05/2022, Belmont University generated $464.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $352.9m during the year ending 05/2022. While expenses have increased by 8.1% 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 990T Filing

TAX YEAR

2022

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:

EDUCATIONAL PROGRAMS, INSTRUCTION AND STUDENT SERVICES ARE PROVIDED TO MORE THAN 8,900 STUDENTS, OFFERING MORE THAN 139 UNDERGRADUATE AND GRADUATE ACADEMIC PROGRAMS THROUGH ITS FOURTEEN 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 FOURTEEN 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 EIGHT 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 140 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
R C Mathews Contractor Llc
Primary General Contractor
$96,915,588
Sodexo
Food Service Vendor
$12,941,000
Case Restoration
General Contractor
$3,060,650
Ryzec Building Group Llc
Architects
$1,449,165
Earl Swensson Associates
Architects
$12,290,871
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,440,158
All other contributions, gifts, grants, and similar amounts not included above$45,538,896
Noncash contributions included in lines 1a–1f $12,640,824
Total Revenue from Contributions, Gifts, Grants & Similar$59,979,054
Total Program Service Revenue$376,114,601
Investment income $16,660,757
Tax Exempt Bond Proceeds $0
Royalties $696,004
Net Rental Income $280,339
Net Gain/Loss on Asset Sales $3,153,567
Net Income from Fundraising Events $5,863
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$122,361
Miscellaneous Revenue$0
Total Revenue $464,356,154

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Belmont University has recieved totaling $40,900.

Awarding OrganizationAmount
Robinson Family Foundation Inc

Franklin, TN

PURPOSE: FOR WRIGHT LENGTH OF SERVICE AWARDS; MASSEY SCHOOL CENTER

$18,150
Ryman Hospitality Properties Foundation

Nashville, TN

PURPOSE: GRANT FOR SUPPORT OF PROGRAM MISSION FOR EDUCATION

$10,000
Milton And Denice Johnson Family Foundation

Nashville, TN

PURPOSE: OPERATIONAL SUPPORT

$5,000
Reilly Family Foundation

Aledo, TX

PURPOSE: SCHOLARSHIPS

$4,000
$3,750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$394,634,409
Earnings-$27,693,842
Net Contributions$6,545,533
Grants$4,173,134
Ending Balance$369,312,966

Peer Organizations

Organization NameAssets
Wake Forest University
Winstonsalem, NC
$681,736,258
Emory University
Decatur, GA
$526,678,235
Savannah College Of Art And Design Inc
Savannah, GA
$587,003,201
University Of Richmond
Richmond, VA
$713,801,637
The Corporation Of Mercer University
Macon, GA
$444,048,225
Belmont University
Nashville, TN
$464,356,154
Elon University
Elon, NC
$374,224,853
Samford University
Birmingham, AL
$280,325,292
Campbell University Inc
Buies Creek, NC
$263,777,466
Lipscomb University
Nashville, TN
$216,257,194
Webster University
St Louis, MO
$161,315,329
Hampton University
Hampton, VA
$270,327,094

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