University Of The South is located in Sewanee, TN. The organization was established in 1947. 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 South employed 1,867 individuals. This organization is the central organization for a national or regional group of organizations. University Of The South 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 South generated $255.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $146.5m during the year ending 06/2021. While expenses have increased by 2.0% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AN EPISCOPAL UNIVERSITY COMPOSED OF THE COLLEGE OF ARTS AND SCIENCES AND THE SCHOOL OF THEOLOGY.
Describe the Organization's Program Activity:
INSTRUCTION: IN THE COLLEGE OF ARTS AND SCIENCES, STUDENTS WORK CLOSELY WITH DISTINGUISHED AND DIVERSE FACULTY IN A DEMANDING COURSE OF HUMANE AND SCIENTIFIC STUDY THAT PREPARES THEM FOR LIVES OF ACHIEVEMENT AND SERVICE. A STUDENT-FACULTY RATIO OF 11:1 ENABLES CLOSE STUDENT-FACULTY INTERACTION IN THE CLASSROOM AND ALLOWS FOR FACULTY GUIDANCE IN STUDENT RESEARCH.
STUDENT SERVICES: A WIDE RANGE OF CO-CURRICULAR AND RECREATIONAL OPPORTUNITIES ARE AVAILABLE TO COMPLEMENT THE ACADEMIC EXPERIENCE AND SUPPORT STUDENT LIFE. MORE THAN A HUNDRED ORGANIZATIONS AND CLUBS FACILITATE SOCIAL INTERACTION BETWEEN STUDENTS AND BETWEEN STUDENTS AND THE BROADER SEWANEE COMMUNITY.
HOUSING AND AUXILIARY SERVICES: THE COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE. ROOM AND BOARD PROGRAMS ARE DESIGNED TO ENCOURAGE OPPORTUNITIES FOR CONVERSATION AND COMMUNITY BUILDING BEYOND THE CLASSROOM. BESIDES TRADITIONAL RESIDENCE DORMITORIES, STUDENTS MAY ALSO CHOOSE TO LIVE IN A THEME HOUSE WHICH BRINGS TOGETHER STUDENTS WITH A COMMON INTEREST.
OTHER PROGRAM SERVICES: OTHER PROGRAM EXPENSES ARE PRIMARILY COMPRISED OF EXPENSES RELATED TO FACULTY RESEARCH ACTIVITIES AND OF EXPENSES RELATED TO PLANT MAINTENANCE AND OPERATION.
INSTRUCTION: IN THE COLLEGE OF ARTS AND SCIENCES, STUDENTS WORK CLOSELY WITH DISTINGUISHED AND DIVERSE FACULTY IN A DEMANDING COURSE OF HUMANE AND SCIENTIFIC STUDY THAT PREPARES THEM FOR LIVES OF ACHIEVEMENT AND SERVICE. A STUDENT-FACULTY RATIO OF 11:1 ENABLES CLOSE STUDENT-FACULTY INTERACTION IN THE CLASSROOM AND ALLOWS FOR FACULTY GUIDANCE IN STUDENT RESEARCH.
STUDENT SERVICES: A WIDE RANGE OF CO-CURRICULAR AND RECREATIONAL OPPORTUNITIES ARE AVAILABLE TO COMPLEMENT THE ACADEMIC EXPERIENCE AND SUPPORT STUDENT LIFE. MORE THAN A HUNDRED ORGANIZATIONS AND CLUBS FACILITATE SOCIAL INTERACTION BETWEEN STUDENTS AND BETWEEN STUDENTS AND THE BROADER SEWANEE COMMUNITY.
HOUSING AND AUXILIARY SERVICES: THE COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE. ROOM AND BOARD PROGRAMS ARE DESIGNED TO ENCOURAGE OPPORTUNITIES FOR CONVERSATION AND COMMUNITY BUILDING BEYOND THE CLASSROOM. BESIDES TRADITIONAL RESIDENCE DORMITORIES, STUDENTS MAY ALSO CHOOSE TO LIVE IN A THEME HOUSE WHICH BRINGS TOGETHER STUDENTS WITH A COMMON INTEREST.
OTHER PROGRAM SERVICES: OTHER PROGRAM EXPENSES ARE PRIMARILY COMPRISED OF EXPENSES RELATED TO FACULTY RESEARCH ACTIVITIES AND OF EXPENSES RELATED TO PLANT MAINTENANCE AND OPERATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John M Mccardell Jr Professor | 40 | $450,583 | |
Reuben Brigety Vice Chancellor/president | Officer | 40 | $335,797 |
Nancy Berner Provost | Officer | 40 | $232,099 |
Earl Williams Treasurer | Officer | 40 | $215,031 |
William Gentry Former Dean Of Students | Officer | 40 | $212,531 |
Terry Papillon Dean Of The College | Officer | 40 | $205,706 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
American Constructors Inc Construction | 6/29/21 | $4,633,122 |
Edgehill Endowment Partners Endowment Management | 6/29/21 | $1,139,945 |
Ebsco Information Services Research Databases | 6/29/21 | $528,840 |
Tri State Roofing Contractors Llc Roofing | 6/29/21 | $151,337 |
Williams Blackstock Architects Architecture | 6/29/21 | $372,886 |
Edgehill Endowment Partners Endowment Management | 6/29/21 | $1,139,945 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,684,775 |
All other contributions, gifts, grants, and similar amounts not included above | $12,943,412 |
Noncash contributions included in lines 1a–1f | $1,913,754 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,628,187 |
Total Program Service Revenue | $115,419,910 |
Investment income | $23,849,796 |
Tax Exempt Bond Proceeds | $3,858 |
Royalties | $510,229 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $99,488,033 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $255,900,013 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $41,607,250 |
Grants and other assistance to Foreign Orgs/Individuals | $1,804,383 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,149,993 |
Compensation of current officers, directors, key employees. | $1,600,567 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $43,618,775 |
Pension plan accruals and contributions | $479,248 |
Other employee benefits | $9,353,792 |
Payroll taxes | $3,059,424 |
Fees for services: Management | $0 |
Fees for services: Legal | $304,890 |
Fees for services: Accounting | $87,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,864,077 |
Fees for services: Other | $12,977,179 |
Advertising and promotion | $1,991,048 |
Office expenses | $2,591,908 |
Information technology | $1,199,108 |
Royalties | $76 |
Occupancy | $314,706 |
Travel | $569,597 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $321,795 |
Interest | $2,861,493 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,469,616 |
Insurance | $1,107,158 |
All other expenses | $1,916,957 |
Total functional expenses | $146,532,920 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,636,066 |
Savings and temporary cash investments | $107,855,928 |
Pledges and grants receivable | $34,156,773 |
Accounts receivable, net | $3,204,457 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $186,995 |
Inventories for sale or use | $505,828 |
Prepaid expenses and deferred charges | $1,146,143 |
Net Land, buildings, and equipment | $205,895,888 |
Investments—publicly traded securities | $116,082,894 |
Investments—other securities | $361,566,664 |
Investments—program-related | $1,744,814 |
Intangible assets | $3,614,428 |
Other assets | $29,283,515 |
Total assets | $873,880,393 |
Accounts payable and accrued expenses | $17,003,355 |
Grants payable | $0 |
Deferred revenue | $865,471 |
Tax-exempt bond liabilities | $82,473,414 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,035,492 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $8,469,975 |
Total liabilities | $110,847,707 |
Net assets without donor restrictions | $289,787,083 |
Net assets with donor restrictions | $473,245,603 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $873,880,393 |
Over the last fiscal year, we have identified 1 grants that University Of The South has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Charles Timmons Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Beg. Balance | $419,515,040 |
Earnings | $119,630,531 |
Net Contributions | $3,903,120 |
Other Expense | $12,908,911 |
Grants | $10,996,479 |
Ending Balance | $519,143,301 |
Organization Name | Assets | Revenue |
---|---|---|
Wake Forest University Winstonsalem, NC | $2,570,183,256 | $681,736,258 |
Emory University Decatur, GA | $308,834,835 | $526,678,235 |
Savannah College Of Art And Design Inc Savannah, GA | $1,297,162,714 | $587,003,201 |
University Of Richmond Richmond, VA | $3,926,462,707 | $713,801,637 |
The Corporation Of Mercer University Macon, GA | $975,470,567 | $444,048,225 |
Belmont University Nashville, TN | $1,474,473,117 | $464,356,154 |
Elon University Elon, NC | $1,076,200,947 | $374,224,853 |
Samford University Birmingham, AL | $801,305,714 | $280,325,292 |
Campbell University Inc Buies Creek, NC | $678,742,436 | $263,777,466 |
Lipscomb University Nashville, TN | $502,799,879 | $216,257,194 |
Webster University St Louis, MO | $393,134,797 | $161,315,329 |
Hampton University Hampton, VA | $893,877,520 | $270,327,094 |