Middle Tennessee State University Foundation is a 501(c)(3) organization based in Murfreesboro, Tennessee, registered in 1963, with $29,458,163 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$29.5M
▲ 3.8% vs prior year
Education median: $200K
Expenses (FY2024)
$22.1M
Net assets
$155.3M
Employees
—
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. Not scored for Middle Tennessee State University Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Middle Tennessee State University Foundation: 84 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
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. Not scored for Middle Tennessee State University Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Middle Tennessee State University Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $16.0M (FY2013) to $29.5M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
24.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$155.5M
Total liabilities
$210K
Net assets
$155.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,458,163▲3.8% | $22,139,213▲5.0% | $155,294,066▲4.9% | $155,504,448▲3.0% | 990 |
| 2023 | $28,381,920▼27.5% | $21,078,026▲37.5% | $147,975,116▲5.2% | $151,045,649▲6.3% | 990 |
| 2022 | $39,164,169▲138% | $15,326,451▲38.2% | $140,671,222▲20.4% | $142,050,773▲20.4% | 990 |
| 2021 | $16,471,509▼50.8% | $11,090,487▼12.3% | $116,833,505▲4.8% | $117,999,587▲2.9% | 990 |
| 2020 | $33,480,669▲109% | $12,643,121▲75.7% | $111,452,482▲33.8% | $114,710,597▲34.9% | 990 |
| 2013 | $15,984,058 | $7,196,576▼26.4% | $83,316,857▲11.8% | $85,010,676▲11.5% | 990 |
| 2012 | — | $9,783,021▲28.3% | $74,529,375▲14.7% | $76,224,970▲15.2% | 990 |
| 2011 | — | $7,623,340▲75.5% | $64,962,678▲19.1% | $66,158,372▲20.3% | 990 |
| 2010 | — | $4,342,768 | $54,526,342 | $55,000,259 | 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.
91 grants to Middle Tennessee State University Foundation totaling $3.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $118,200 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $110,000 |
| Independent Charitable Gift Fund | General support | 2024 | $102,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $50,059 |
| American Endowment Foundation | Educational | 2024 | $50,000 |
| The Community Fdn of Middle Tn Inc | To provide 1st time support designated for the department of aerospace and the aviation activities | 2024 | $50,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $25,000 |
| Edward Charles Foundation | Charitable gift | 2024 | $20,000 |
| The Community Fdn of Middle Tn Inc | In honor of thomas fearn frist, jr. and family | 2024 | $19,575 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $17,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $13,250 |
| The Community Fdn of Middle Tn Inc | The mtsu veterans breakfast for the veterans enrichment account (donation only- decline benefits) | 2024 | $10,000 |
| United States Tennis Association Inc | Facility assistance program grant | 2024 | $10,000 |
| Ayco Charitable Foundation | Education | 2024 | $10,000 |
| The Community Fdn of Middle Tn Inc | Kappa alpha scholarship | 2024 | $5,000 |
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Data for Middle Tennessee State University Foundation (EIN 62-0695507) 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.