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Ole Miss Athletic Foundation

Oxford, MS · EIN 64-0474850 · 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

Ole Miss Athletic Foundation reported $60.2 million in revenue and $55.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.20 went to program services, $1.59 to management and general costs and $4.21 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 54.6% of the total. The highest compensation it reported for one person was $10,223,817 (COACH). 6 people received more than $100,000 in reportable compensation. Revenue rose 122% 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 $55M

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 $60M

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)
94.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
1.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
43.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
54.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$10,223,817$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
18.58%1.28%
People paid over $100,000
Part VII, line 2
68
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.213.3
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

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
$52M expenses · 100.0% of program spending · grants $20M · revenue $33M

The organization provided financial support to the university of mississippi for major facilities construction and improvements on the campus during this fiscal year. The organization also provided significant salary supplements to university staff members and both directly and indirectly supported the university with funding for scholarships and other support for the university's athletic programs and scholar athletes

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
COACH
Highest compensated employee, 0.00 hrs/week
$9,834,925$332,391$56,501$10,223,817
COACH
Highest compensated employee, 0.00 hrs/week
$2,912,629$920,554$59,961$3,893,144
COACH
Highest compensated employee, 0.00 hrs/week
$1,477,500$321,028$58,460$1,856,988
FORMER COACH
Former, 0.00 hrs/week
$0$1,645,866$56,359$1,702,225
COACH (FORMER OMAF HCE)
Former, 0.00 hrs/week
$0$1,249,198$56,935$1,306,133
AD
Highest compensated employee, 10.00 hrs/week
$0$1,226,091$56,080$1,282,171
TREASURER
Officer, 5.00 hrs/week
$0$329,101$78,983$408,084
CEO
Officer, 50.00 hrs/week
$174,031$5,876$34,670$214,577

6 people received more than $100,000 in reportable compensation from Ole Miss Athletic Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $468K (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$60M$55M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$60M$55M94.2%$65M$10,223,817
FY2024 ⓘ$43M$54M94.0%$60M$9,357,786
FY2023 ⓘ$50M$40M93.2%$71M$8,848,529
FY2022 ⓘ$58M$39M94.1%$61M$4,569,277
FY2021 ⓘ$46M$21M93.4%$43M$6,499,758
FY2020 ⓘ$27M$42M96.0%$18M$11,462,726

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–1b6 · 6 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 588
  • Volunteers Part I, line 66

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MAGNOLIA SPORTS GROUP LLC
Marketing
$1,250,000
CEC FACILITIES GROUP LLC
Construction
$283,550
FORTY NINE DEGREES LLC
Graphics services
$197,751
OXFORD FLOOR COVERING AND INTERIORS LLC
Construction
$196,167
DIG CREATIVE SOLUTIONS
Graphics services
$144,922

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

7 private foundations reported grants to Ole Miss Athletic Foundation totaling $61,250 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 Ole Miss Athletic 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 Ole Miss Athletic Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Mississippi

Questions people ask

How much of Ole Miss Athletic Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Ole Miss Athletic Foundation reported that 94.2% of its $55.0 million in expenses went to program services, 1.6% to management and general and 4.2% to fundraising (Form 990, Part IX).

How much does Ole Miss Athletic Foundation pay its top executive?

The largest total compensation Ole Miss Athletic Foundation reported for one person in the fiscal year ending June 30, 2025 was $10,223,817, for the role of COACH (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ole Miss Athletic Foundation get its money?

Of $60.2 million in revenue in the fiscal year ending June 30, 2025, 43.3% came from contributions and grants and 54.6% from program service revenue (Form 990, Part VIII).

Is Ole Miss Athletic Foundation a registered charity?

The IRS lists EIN 64-0474850 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 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 202621109349300472 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501009349300735 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202333539349300008 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330709349300308 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241049349300429 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110589349300406 · read the filing

All filings for EIN 64-0474850: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.