Murray State University Foundation
Murray State University Foundation reported $14.0 million in revenue and $7.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.75 went to program services, $9.25 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 51.8% of the total. The highest compensation it reported for one person was $121,485 (CONTROLLER). Revenue rose 73% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $7.4MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 43.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $121,485 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.65% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 270.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseImprovement and enhancement of Murray State University by assisting in fundraising, collecting contributions, aiding donors with estate and planned giving and establishing endowments, disbursement of funds to be used for scholarships, endowed professorships, faculty support, and other expenditures on behalf of students and faculty
Providing recreation for the convenience of the students, faculty, staff, and alumni of Murray State University, as well as the community and region. Through the operation of miller memorial golf course, the university golf team utilizes the course as its practice facility and home course
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CONTROLLER Officer, 40.00 hrs/week | $92,458 | $0 | $29,027 | $121,485 |
| PRESIDENT Officer, 20.00 hrs/week | $83,877 | $0 | $13,683 | $97,560 |
| SECRETARY Officer, 38.00 hrs/week | $44,327 | $0 | $23,816 | $68,143 |
0 people received more than $100,000 in reportable compensation from Murray State University Foundation (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 24 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 627
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| XTREME GOLF MANAGEMENT Golf project | $416,414 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
14 private foundations reported grants to Murray State University Foundation totaling $119K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Murray State University Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Murray State University Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Murray State University Foundation spent in FY2025, $90.75 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Greasewood Springs Community SchoolGanado, AZ · revenue $14M · programs 91.9% · FY2025
- Watkinson SchoolHartford, CT · revenue $14M · programs 83.2% · FY2025
- Trinity SchoolsSouth Bend, IN · revenue $14M · programs 76.1% · FY2024
- Benedictine Schools Educational FoundationRichmond, VA · revenue $14M · programs 98.5% · FY2025
- Omar D Blair Charter SchoolDenver, CO · revenue $14M · programs 84.1% · FY2025
Questions people ask
How much of Murray State University Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Murray State University Foundation reported that 90.7% of its $7.4 million in expenses went to program services, 9.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Murray State University Foundation pay its top executive?
The largest total compensation Murray State University Foundation reported for one person in the fiscal year ending June 30, 2025 was $121,485, for the role of CONTROLLER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Murray State University Foundation get its money?
Of $14.0 million in revenue in the fiscal year ending June 30, 2025, 43.2% came from contributions and grants and 4.9% from program service revenue (Form 990, Part VIII).
Is Murray State University Foundation a registered charity?
The IRS lists EIN 61-6053844 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202543079349301924 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443109349300239 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202333039349301593 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213059349302316 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103139349301965 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003079349300705 · read the filing
All filings for EIN 61-6053844: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.