Mississippi College
Mississippi College reported $140.4 million in revenue and $130.4 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $88.02 went to program services, $10.67 to management and general costs and $1.31 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.8% of the total. The highest compensation it reported for one person was $390,868 (PRESIDENT). 60 people received more than $100,000 in reportable compensation. Revenue rose 30% 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 $130MFor 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 $140MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 9.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.8% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $390,868 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.30% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 60 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 29 of 33 | 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 and general expenses: instruction is provided to more than 5,000 students with undergradutate, graduate and doctoral programs and degrees. The university is committed to excellence and innovation in teaching and learning. Tuition and fee revenue are used to pay salaries of faculty and staff and provide teaching facilities and necessary supplies. Grants: the university awarded over $47 million in financial aid to students during the 2024-2025 aid year and made over $75,000 in grants to organizations that support student ministries on campus
Auxiliary enterprises: the university provides a number of services that support learning, build community and enhance the overall quality of student life. These include, but are not limited to, residential housing, dining, bookstore and mail services
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 |
|---|---|---|---|---|
| PRESIDENT Officer, 40.0 hrs/week | $325,102 | $0 | $65,766 | $390,868 |
| EXEXUTIVE VP, PROVOST Officer, 40.0 hrs/week | $271,613 | $0 | $38,414 | $310,027 |
| DEAN LAW SCHOOL Key employee, 40.0 hrs/week | $256,593 | $0 | $47,111 | $303,704 |
| DEAN BUSINESS SCHOOL Key employee, 40.0 hrs/week | $220,638 | $0 | $30,858 | $251,496 |
| DEAN SCHOOL OF MATH & SCIENCE Key employee, 40.0 hrs/week | $212,054 | $0 | $33,147 | $245,201 |
| VP & GENERAL COUNSEL Officer, 40.0 hrs/week | $187,569 | $0 | $27,406 | $214,975 |
| CFO/COO Officer, 40.0 hrs/week | $195,000 | $0 | $13,650 | $208,650 |
| PROVOST UNTIL 03/08/2024 Highest compensated employee, 40.0 hrs/week | $177,980 | $0 | $4,309 | $182,289 |
60 people received more than $100,000 in reportable compensation from Mississippi College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (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–1b33 · 29 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 2Yes
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,570
- Volunteers Part I, line 650
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ALLIANT CONSTRUCTION General contractors | $5,479,842 |
| MMI DINING SYSTEMS Food services | $5,291,096 |
| ACADEMIC PARTNERSHIPS Marketing services | $1,196,647 |
| PREWITT CONTRACT SERVICES INC Cleaning services | $1,040,355 |
| COOKE DOUGLASS FARR LEMONS PA General contractor | $427,056 |
Individuals listed as contractors are left out. 48 contractors were paid more than $100,000 in all.
Private foundation grants it received
15 private foundations reported grants to Mississippi College totaling $349K 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 Mississippi College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mississippi College, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mississippi College spent in FY2025, $88.02 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- CogniaAlpharetta, GA · revenue $140M · programs 84.5% · FY2025
- Augustana University AssociationSioux Falls, SD · revenue $141M · programs 90.3% · FY2025
- Culver Educational FoundationCulver, IN · revenue $140M · programs 82.7% · FY2025
- Pine Crest Preparatory SchoolFort Lauderdale, FL · revenue $141M · programs 82.6% · FY2025
- Nazareth UniversityRochester, NY · revenue $140M · programs 90.1% · FY2025
Questions people ask
How much of Mississippi College's spending goes to programs?
In the fiscal year ending May 31, 2025, Mississippi College reported that 88.0% of its $130.4 million in expenses went to program services, 10.7% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does Mississippi College pay its top executive?
The largest total compensation Mississippi College reported for one person in the fiscal year ending May 31, 2025 was $390,868, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mississippi College get its money?
Of $140.4 million in revenue in the fiscal year ending May 31, 2025, 9.3% came from contributions and grants (including 0.8% from government grants) and 78.8% from program service revenue (Form 990, Part VIII).
Is Mississippi College a registered charity?
The IRS lists EIN 64-0303086 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 202631039349300033 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202531049349301878 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202411029349301011 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202310969349300421 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202221049349300242 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202101059349301220 · read the filing
All filings for EIN 64-0303086: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.