University Of The Cumberlands Inc

Organization Overview

University Of The Cumberlands Inc is located in Williamsburg, KY. The organization was established in 1942. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, University Of The Cumberlands Inc employed 2,072 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of The Cumberlands Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, University Of The Cumberlands Inc generated $211.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $121.5m during the year ending 06/2021. While expenses have increased by 9.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PRIVATE BAPTIST UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNIVERSITY PROVIDES EXCEPTIONAL EDUCATIONAL SERVICES IN A PRIVATE BAPTIST UNIVERSITY ENVIRONMENT TO STUDENTS AT LESS THAN THE AGGREGATE COST OF THESE SERVICES. SUCH ACTIVITY IS THE PRIMARY PURPOSE FOR WHICH THE UNIVERSITY WAS FORMED. ATHLETICS, SALES, AND AUXILIARY INCOME IS ALSO AN ESSENTIAL COMPONENT OF THE UNIVERSITY'S PRIMARY EXEMPT PURPOSE OF PROVIDING QUALITY EDUCATIONAL SERVICE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ivnas Solutions Inc
Recruitment
$4,324,729
Dw Wilburn Inc
Construction
$4,727,799
Education Dynamics Llc
Advertising
$3,825,566
Vesta Technology Solutions
Recruitment
$3,647,745
Aramark Receivables Llc
Maintenance And Grounds
$3,564,809
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$21,511,765
Noncash contributions included in lines 1a–1f $15,905
Total Revenue from Contributions, Gifts, Grants & Similar$21,511,765
Total Program Service Revenue$181,695,197
Investment income $1,152,360
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $295,710
Net Gain/Loss on Asset Sales $6,446,339
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $211,155,067

Grants Recieved

Over the last fiscal year, we have identified 9 grants that University Of The Cumberlands Inc has recieved totaling $191,188.

Awarding OrganizationAmount
Wo And Lois Newell Charitable Trust

Somerset, KY

PURPOSE: PER DONEE'S GENERAL PURPOSE

$82,988
Oaklawn Foundation

Wilton, CT

PURPOSE: MULTI YEAR SCHOLARSHIP GRANT: $25,000 FOR 2021-2024

$50,000
Oaklawn Foundation

Wilton, CT

PURPOSE: MULTI YEAR PLEDGE SCHOLARSHIP FUND YEAR 3 OF 5;

$25,000
The Hazel & Walter T Bales Foundation Inc

Jeffersonville, IN

PURPOSE: GENERAL

$10,000
Whitaker Foundation Inc

Lexington, KY

PURPOSE: SUPPORT OF PROGRAMS

$10,000
The Miller Family Foundation Inc

Ellicott City, MD

PURPOSE: UNRESTRICTED

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$81,374,115
Earnings$19,092,039
Net Contributions$20,856,884
Other Expense$434,301
Ending Balance$120,888,737

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