Belmont University
75% goes to programs $14 to raise $100 Strong reserves Growing revenue
Belmont University is a 501(c)(3) organization based in Nashville, Tennessee, registered in 1951, with $579,470,406 in FY2024 revenue. CharityIndex grades it A, and it directs about 75% of spending to programs.
1900 Belmont Blvd, Nashville, TN, 37212 EIN 62-0465076 Since 1951
Revenue (FY2024)
$579.5M
▲ 10.8% vs prior year
Education median: $200K
Expenses (FY2024)
$493.5M
Net assets
$1.5B
Employees
4,701
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating75% to programs · $14 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Belmont University: 75% to programs · $14 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating35 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Belmont University: 35 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Belmont University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Belmont University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Belmont university is a private, coeducational institution focused on undergraduate and post-graduate education. it provides an academically challenging education and strives to be a leader among teaching universities bringing together the best of liberal arts and professional education in a christian community of learning and service.
Contact & location
- Address
- 1900 Belmont Blvd, Nashville, TN, 37212
- City
- Nashville
- State
- Tennessee
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $237.7M (FY2013) to $579.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $392.9MNet assets $1.5B
Operating margin
14.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$392.9M
Net assets
$1.5B
Salaries & benefits
$203.7M
41% of expenses
Board members
28
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $579,470,406▲10.8% | $493,476,216▲6.8% | $1,456,569,071▲3.7% | $1,849,461,397▲2.0% | 990 |
| 2023 | $523,196,221▲15.2% | $462,110,031▲13.9% | $1,404,579,472▲6.9% | $1,813,637,235▲15.9% | 990 |
| 2022 | $453,993,835▼2.2% | $405,658,061▲15.0% | $1,314,188,008▲2.8% | $1,565,002,574▲6.1% | 990 |
| 2021 | $464,356,154▲14.2% | $352,879,826▲19.4% | $1,278,345,844▲5.3% | $1,474,473,117▲11.6% | 990 |
| 2020 | $406,447,186▲7.3% | $295,602,386▲5.1% | $1,214,140,377▲15.8% | $1,320,672,864▲16.5% | 990 |
| 2019 | $378,873,316▲1.2% | $281,342,363▲9.3% | $1,048,890,863▲10.0% | $1,133,197,968▲8.7% | 990 |
| 2018 | $374,347,018▲10.2% | $257,356,587▲7.9% | $953,267,532▲12.6% | $1,042,287,586▲9.4% | 990 |
| 2017 | $339,836,219▲9.0% | $238,503,956▲8.1% | $846,961,902▲13.6% | $952,817,256▲11.1% | 990 |
| 2016 | $311,828,493▲3.3% | $220,709,871▲8.0% | $745,302,599▲16.4% | $857,300,636▲11.2% | 990 |
| 2015 | $301,979,015▲15.3% | $204,285,973▲9.3% | $640,414,684▲16.4% | $770,745,163▲3.6% | 990 |
| 2014 | $261,796,199▲10.1% | $186,842,365▲8.5% | $550,287,786▲16.1% | $743,948,726▲10.2% | 990 |
| 2013 | $237,693,584 | $172,130,075▲6.5% | $473,988,954▲18.7% | $674,826,089▲21.7% | 990 |
| 2012 | — | $161,669,243▲9.6% | $399,380,476▲20.6% | $554,617,326▲10.7% | 990 |
| 2011 | — | $147,574,613▲14.3% | $331,060,058▲13.4% | $500,801,950▲23.5% | 990 |
| 2010 | — | $129,105,163▲7.9% | $291,863,241▲25.2% | $405,544,483▲14.3% | 990 |
| 2009 | — | $119,658,185 | $233,079,386 | $354,831,961 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Casey Alexander — $1,484,574 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Casey Alexander | Head Men's Basketball Coach | 40 | $1,484,574 |
| L Greg Jones | President | 40 | $988,996 |
| David Rosselli | Evp For University Advancement | 40 | $626,630 |
| Anderson Spickard | Dean | 40 | $491,483 |
| Brittany Schaffer | Dean | 40 | $486,561 |
| Alberto Gonzales | Dean | 40 | $486,482 |
| Sarah Gardial | Dean | 40 | $457,183 |
| David Gregory | Evp For Academic Excellence & Provost | 40 | $453,901 |
| Paula Gill | Vp Institutional Effectiveness | 40 | $423,212 |
| Susan West | Evp For Administration/chief of Staff | 40 | $393,604 |
| Jason Rogers | Evp For External Engagement & University Counsel | 40 | $384,369 |
| Ryan Grippo | Associate Professor | 40 | $381,992 |
| Pat Whitworth III | Assistant Professor | 40 | $379,194 |
| Bart Brooks | Head Woman's Basketball Coach | 40 | $377,554 |
| Lori Baker | Evp For Aspirational Excellence | 40 | $375,902 |
| Erich Baker | Vice Provost & Professor | 40 | $366,794 |
| Ed Magee | Coo of Med School & Vp of Strategic Ops | 40 | $347,077 |
| Scott Corley | Vp & Athletic Director | 40 | $338,371 |
| Steven Lasley | Former Officer | 40 | $325,558 |
| Joshua Yates | Executive Director | 40 | $300,718 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| 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 |
Grants received · $17.1M total
213 grants to Belmont University totaling $17.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Belmont University a legitimate nonprofit?
- Yes. Belmont University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0465076, based in Nashville, Tennessee. Donations are tax-deductible.
- What is Belmont University's EIN?
- Belmont University's Employer Identification Number (EIN) is 62-0465076.
- How much revenue does Belmont University report?
- Belmont University reported $579,470,406 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Belmont University's spending goes to programs?
- Belmont University spends about 75% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Belmont University have?
- CharityIndex grades Belmont University A, based on program efficiency and fundraising cost.
- How much does Belmont University's highest-paid employee make?
- The highest reported compensation on Belmont University's latest Form 990 is $1,484,574, paid to Casey Alexander (Head Men's Basketball Coach).
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Data for Belmont University (EIN 62-0465076) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.