Charity Impact Media

Home › Education

Middle Tennessee State University Foundation

Murfreesboro, TN · EIN 62-0695507 · 501(c)(3) · Organization operated for a governmental college or university
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Middle Tennessee State University Foundation reported $29.5 million in revenue and $22.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.25 went to program services, $13.31 to management and general costs and $2.44 to fundraising. Its largest source of revenue was contributions and grants: 64.1% of the total. The highest compensation it reported for one person was $256,070 (Vice President University Advancement). Revenue fell 12% between FY2021 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 $22M

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 $29M

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)
84.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
64.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$256,070$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.16%1.28%
People paid over $100,000
Part VII, line 2
08
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
84.213.3
Independent voting board members
Part VI 1a–1b
23 of 23100.0%

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
$19M expenses · 100.0% of program spending · grants $3.7M · revenue $19M

For the fiscal year ended June 30 2025 the Foundation raised $18,871,613 in contributions and disbursed in program expenses $18,652,369 including $3,749,242 inscholarships and awards

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
Vice President University Advancement
Key employee, highest compensated employee, 37.50 hrs/week
$0$256,070$0$256,070
Executive Director Development
Key employee, highest compensated employee, 0.00 hrs/week
$0$145,921$0$145,921
Assistant VP University Advancement
Key employee, highest compensated employee, 0.00 hrs/week
$0$122,838$0$122,838

0 people received more than $100,000 in reportable compensation from Middle Tennessee State University Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2021FY2022FY2023FY2024FY2025$29M$22M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$29M$22M84.3%$155M$256,070
FY2024 ⓘ$28M$21M68.7%$148M$247,000
FY2023 ⓘ$39M$15M66.7%$141M$251,256
FY2022 ⓘ$16M$11M71.3%$117M$239,371
FY2021 ⓘ$33M$13M17.8%$111M$344,441

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–1b23 · 23 independent
  • Audited financial statements Part XII 2bNo
  • 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 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 625

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Gerber Taylor Associates LLC
Investment Mgmt Consulting
$428,788
Aramark Services Inc
Catering Service
$235,534

Individuals listed as contractors are left out.

Private foundation grants it received

13 private foundations reported grants to Middle Tennessee State University Foundation totaling $822K 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 Middle Tennessee 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 Middle Tennessee State University Foundation, 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 Middle Tennessee State University Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Middle Tennessee State University Foundation reported that 84.3% of its $22.1 million in expenses went to program services, 13.3% to management and general and 2.4% to fundraising (Form 990, Part IX).

How much does Middle Tennessee State University Foundation pay its top executive?

The largest total compensation Middle Tennessee State University Foundation reported for one person in the fiscal year ending June 30, 2025 was $256,070, for the role of Vice President University Advancement (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Middle Tennessee State University Foundation get its money?

Of $29.5 million in revenue in the fiscal year ending June 30, 2025, 64.1% came from contributions and grants (including 0.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Middle Tennessee State University Foundation a registered charity?

The IRS lists EIN 62-0695507 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202533169349304978 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202423209349324952 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303209349302070 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330759349300613 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202203369349300300 · read the filing

All filings for EIN 62-0695507: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.