Belmont University
Belmont University reported $579.5 million in revenue and $493.5 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $74.67 went to program services, $23.41 to management and general costs and $1.92 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 72.1% of the total. The highest compensation it reported for one person was $1,586,545 (Head Men's Basketball Coach). 514 people received more than $100,000 in reportable compensation. Revenue rose 53% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $493MFor 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 May 31, 2025 · Form 990, Part VIII · total revenue $579MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.14 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 11.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 72.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,586,545 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.32% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 514 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 35.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 28 of 28 | 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 expenseEducational programs, instruction and student services are provided to more than 8,800 students, offering more than 190 undergraduate and graduate academic programs through its twelve colleges and schools, including the mike curb college of entertainment and music business, college of pharmacy, the massey college of business administration, and the college of law. Belmont offers intercollegiate athletics in fifteen different sports, competing in the missouri valley conference (men's tennis is an affiliate member of the horizon league). Belmont student-athletes have compiled impressive…
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 |
|---|---|---|---|---|
| Head Men's Basketball Coach Highest compensated employee, 40.0 hrs/week | $1,484,574 | $0 | $101,971 | $1,586,545 |
| President Officer, 40.0 hrs/week | $988,996 | $0 | $146,268 | $1,135,264 |
| EVP For University Advancement Officer, 40.0 hrs/week | $626,630 | $0 | $42,894 | $669,524 |
| Dean Key employee, 40.0 hrs/week | $491,483 | $0 | $48,654 | $540,137 |
| Dean Key employee, 40.0 hrs/week | $486,482 | $0 | $47,103 | $533,585 |
| Dean Key employee, 40.0 hrs/week | $486,561 | $0 | $32,810 | $519,371 |
| Dean Key employee, 40.0 hrs/week | $457,183 | $0 | $37,052 | $494,235 |
| EVP for Academic Excellence & Provost Officer, 40.0 hrs/week | $453,901 | $0 | $31,803 | $485,704 |
514 people received more than $100,000 in reportable compensation from Belmont University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.1M (Part IX, line 5).
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–1b28 · 28 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 15aNo
- Board given the 990 before filing Part VI 11aNo
- 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 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 54,701
- Volunteers Part I, line 680
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| R C MATHEWS CONTRACTOR LLC Primary general contractor | $82,252,872 |
| SODEXO Food service vendor | $17,987,894 |
| CASE RESTORATION CO Construction services | $2,901,853 |
| TRANE Heating and air conditioning services | $2,603,157 |
| Earl Swensson Associates architectural services | $2,452,593 |
Individuals listed as contractors are left out. 125 contractors were paid more than $100,000 in all.
Private foundation grants it received
68 private foundations reported grants to Belmont University totaling $6.0M 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 Belmont University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Belmont University, you can publish a response that is linked from this page.
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Of every $100 Belmont University spent in FY2025, $74.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Trustees of the Stevens Institute of TechnologyHoboken, NJ · revenue $579M · programs 91.5% · FY2025
- University of VictoriaCanada, · revenue $581M · programs 84.3% · FY2025
- Sacred Heart UniversityFairfield, CT · revenue $576M · programs 88.6% · FY2025
- Carleton UniversityCanada, · revenue $582M · programs 95.2% · FY2026
- University of California San Francisco FoundationSan Francisco, CA · revenue $574M · programs 94.6% · FY2025
Questions people ask
How much of Belmont University's spending goes to programs?
In the fiscal year ending May 31, 2025, Belmont University reported that 74.7% of its $493.5 million in expenses went to program services, 23.4% to management and general and 1.9% to fundraising (Form 990, Part IX).
How much does Belmont University pay its top executive?
The largest total compensation Belmont University reported for one person in the fiscal year ending May 31, 2025 was $1,586,545, for the role of Head Men's Basketball Coach (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Belmont University get its money?
Of $579.5 million in revenue in the fiscal year ending May 31, 2025, 11.9% came from contributions and grants (including 0.6% from government grants) and 72.1% from program service revenue (Form 990, Part VIII).
Is Belmont University a registered charity?
The IRS lists EIN 62-0465076 as a 501(c)(3) organization (school), 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 May 31, 2025, object 202621049349300027 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202501029349300310 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202431029349301813 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202311029349300101 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202240959349301609 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111049349300406 · read the filing
All filings for EIN 62-0465076: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.