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Lincoln Memorial University

Harrogate, TN · EIN 62-0479542 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Lincoln Memorial University reported $285.2 million in revenue and $214.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.86 went to program services, $23.12 to management and general costs and $1.02 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.4% of the total. The highest compensation it reported for one person was $429,398 (PRESIDENT OF). 210 people received more than $100,000 in reportable compensation. Revenue rose 67% 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 $214M

For 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 $285M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
75.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
23.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.16$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
94.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$429,398$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.20%1.28%
People paid over $100,000
Part VII, line 2
2108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.313.3
Independent voting board members
Part VI 1a–1b
25 of 25100.0%

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 expense
$94M expenses · 58.0% of program spending · grants $31M · revenue $156M

Undergraduate/graduate programs the university strives to give students a foundation for a more productive life by upholding the principles of abraham lincoln's life: a dedication to individual liberty, responsibility, and improvement; a respect for citizenship; recognition of the intrinsic value of high moral and ethical standards; and a belief in a personal god. The university is committed to teaching, research, and service. The university's curriculum and commitment to quality instruction at every level are based on the beliefs that graduates must be able to communicate clearly and…

$58M expenses · 36.0% of program spending · revenue $97M

Debusk college of medicine (dcom) statement committed to the premise that the cornerstone of meaningful existence is service to humanity. The mission of lmu-dcom is achieved by: teaching, research, service, including osteopathic clinical service and student achievement; needs of people within the appalachian region and beyond; rural communities supported by superior faculty and technology; care, diversity and public service as an enduring commitment to responsibility and high ethical standards

$9.7M expenses · 6.0% of program spending · revenue $16M

The Lincoln Memorial University-duncan school of law builds upon a foundation that upholds the principles of abraham lincolns life: a dedication to individual liberty, responsibility, and improvement; a respect for citizenship; recognition of the intrinsic value of high moral and ethical standards; and a belief in a personal god. Through teaching, research and service, the Lincoln Memorial University-duncan school of law will prepare graduates: 1. Who are committed to the premise that the cornerstone of meaningful existence is service to humanity; 2. Who understand their professional…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT OF
Officer, 40.00 hrs/week
$412,148$0$17,250$429,398
DEAN/CHIEF A
Officer, 40.00 hrs/week
$388,330$0$17,250$405,580
EXECUTIVE VP
Officer, 40.00 hrs/week
$344,544$0$15,986$360,530
EXEC VP FOR
Officer, 40.00 hrs/week
$328,558$0$15,225$343,783
ASSOC PROF/P
Key employee, 40.00 hrs/week
$294,730$0$14,259$308,989
ASSOC DEAN
Key employee, 40.00 hrs/week
$306,457$0$0$306,457
ASSOCIATE PR
Key employee, 40.00 hrs/week
$296,528$0$5,948$302,476
ASSOC DEAN
Key employee, 40.00 hrs/week
$300,666$0$0$300,666

210 people received more than $100,000 in reportable compensation from Lincoln Memorial University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$285M$214M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$285M$214M75.9%$417M$429,398
FY2024 ⓘ$259M$206M77.1%$340M$405,581
FY2023 ⓘ$225M$182M75.7%$282M$503,647
FY2022 ⓘ$200M$164M75.4%$236M$451,543
FY2021 ⓘ$190M$163M78.2%$206M$463,091
FY2020 ⓘ$171M$155M77.9%$165M$435,762

Governance 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–1b25 · 25 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 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 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 52,534
  • Volunteers Part I, line 680

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHARTWELLS DINING SERVICES
Catering
$4,135,101
MC-21 HEALTHCARE LLC
Pharmacy benefi
$2,911,767
CDW LLC
Technology
$2,723,291
POWELL VALLEY ELECTRIC CO-OP
Utilities
$2,105,518
SMARTER SYSTEMS LLC
Technology
$1,742,430

Individuals listed as contractors are left out. 158 contractors were paid more than $100,000 in all.

Private foundation grants it received

15 private foundations reported grants to Lincoln Memorial University totaling $466K 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 Lincoln Memorial 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 Lincoln Memorial University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Tennessee

Questions people ask

How much of Lincoln Memorial University's spending goes to programs?

In the fiscal year ending June 30, 2025, Lincoln Memorial University reported that 75.9% of its $214.2 million in expenses went to program services, 23.1% to management and general and 1.0% to fundraising (Form 990, Part IX).

How much does Lincoln Memorial University pay its top executive?

The largest total compensation Lincoln Memorial University reported for one person in the fiscal year ending June 30, 2025 was $429,398, for the role of PRESIDENT OF (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lincoln Memorial University get its money?

Of $285.2 million in revenue in the fiscal year ending June 30, 2025, 4.9% came from contributions and grants (including 1.4% from government grants) and 94.4% from program service revenue (Form 990, Part VIII).

Is Lincoln Memorial University a registered charity?

The IRS lists EIN 62-0479542 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 June 30, 2025, object 202611349349309156 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349300926 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349309551 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321329349309642 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349305340 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349306563 · read the filing

All filings for EIN 62-0479542: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.