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Nonprofiteer
← LIPSCOMB UNIVERSITY

Form 990 for tax year 2022

Filed by LIPSCOMB UNIVERSITY.

Totals

Total revenue
$228,207,955
Total expenses
$235,575,959
Contributions and grants received
$15,932,059
Grants paid
$57,703,729
Program service revenue
$203,055,331
Investment income
$7,688,389
Other revenue
$1,532,176
Total assets, end of year
$455,099,629
Total liabilities, end of year
$251,766,518
Net assets or fund balances, end of year
$203,333,111
Program services expenses (Part IX)
$199,128,787
Management and general expenses
$33,015,003
Fundraising expenses
$3,432,169
Program service expenses (Part III)
$199,128,787

Program services were 84.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $70,558

  • 1e · Government grants (contributions)

    $1,903,062

  • 1f · All other contributions, gifts and grants

    $13,958,439

  • 1g · Noncash contributions included above

    $2,354,985

  • 2a · Program service revenue: TUITION AND FEES

    total $171,206,285 · related or exempt $171,206,285

  • 2b · Program service revenue: AUXILIARY REVENUE

    total $22,981,704 · related or exempt $22,981,704

  • 2c · Program service revenue: MISCELLANEOUS INCOME

    total $8,867,342 · related or exempt $9,186,083 · unrelated business -$318,741

  • 3 · Investment income

    total $1,954,028 · unrelated business $4,433 · excluded $1,949,595

  • 5 · Royalties

    total $407 · unrelated business $407

  • 6a · Gross rents

    real property $2,702,336

  • 6b · Less rental expenses

    real property $1,181,860

  • 6c · Rental income or loss

    real property $1,520,476

  • 6d · Net rental income or loss

    total $1,520,476 · unrelated business -$427,641 · excluded $1,948,117

  • 7a · Gross sales of assets other than inventory

    securities $92,702,733 · other assets $6,191,178

  • 7b · Less cost or other basis and sales expenses

    securities $89,698,555 · other assets $3,460,995

  • 7c · Gain or loss

    securities $3,004,178 · other assets $2,730,183

  • 7d · Net gain or loss

    total $5,734,361 · unrelated business $99,033 · excluded $5,635,328

  • 8a · Fundraising events: gross income

    $55,908

  • 8a · Fundraising events: contributions included on line 1c

    $70,558

  • 8b · Fundraising events: direct expenses

    $44,615

  • 8c · Net income from fundraising events

    total $11,293 · excluded $11,293

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $49,227 · program services $49,227

  • 2 · Grants to domestic individuals

    total $57,654,502 · program services $57,654,502

  • 5 · Compensation of officers, directors and key employees

    total $4,514,899 · management and general $4,514,899

  • 7 · Other salaries and wages

    total $71,932,490 · program services $63,153,972 · management and general $6,899,680 · fundraising $1,878,838

  • 8 · Pension plan contributions

    total $1,983,747 · program services $1,696,209 · management and general $237,999 · fundraising $49,539

  • 9 · Other employee benefits

    total $7,017,682 · program services $5,856,593 · management and general $942,365 · fundraising $218,724

  • 10 · Payroll taxes

    total $5,399,229 · program services $4,398,699 · management and general $866,690 · fundraising $133,840

  • 11b · Fees: legal

    total $188,044 · program services $19,269 · management and general $168,499 · fundraising $276

  • 11c · Fees: accounting

    total $130,420 · management and general $130,420

  • 11f · Fees: investment management

    total $380,367 · management and general $380,367

  • 11g · Fees: other

    total $3,432,225 · program services $2,400,114 · management and general $822,026 · fundraising $210,085

  • 12 · Advertising and promotion

    total $1,481,925 · program services $624,125 · management and general $842,432 · fundraising $15,368

  • 13 · Office expenses

    total $11,105,213 · program services $8,141,534 · management and general $2,611,158 · fundraising $352,521

  • 14 · Information technology

    total $2,755,770 · program services $1,094,106 · management and general $1,551,529 · fundraising $110,135

  • 16 · Occupancy

    total $3,439,339 · program services $3,278,069 · management and general $161,270

  • 17 · Travel

    total $7,520,577 · program services $6,672,916 · management and general $734,963 · fundraising $112,698

  • 19 · Conferences, conventions and meetings

    total $453,609 · program services $414,393 · management and general $33,879 · fundraising $5,337

  • 20 · Interest

    total $9,406,602 · program services $7,562,615 · management and general $1,843,987

  • 22 · Depreciation, depletion and amortization

    total $13,251,835 · program services $10,098,564 · management and general $3,153,271

  • 23 · Insurance

    total $10,392,503 · program services $7,095,611 · management and general $3,091,614 · fundraising $205,278

  • 24a · Other expenses: UBTI TAX

    total $8,334 · management and general $8,334

  • 24b · Other expenses: PLANT OPERATIONS

    total $10,090,549 · program services $7,010,981 · management and general $3,079,568

  • 24c · Other expenses: FOOD SERVICE

    total $5,315,030 · program services $5,315,030

  • 24d · Other expenses: MISCELLANEOUS

    total $2,971,585 · program services $2,907,589 · management and general $58,856 · fundraising $5,140

  • 24e · All other expenses

    total $4,700,256 · program services $3,684,669 · management and general $881,197 · fundraising $134,390

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,943,353 · end of year $1,581,395

  • 3 · Pledges and grants receivable

    beginning of year $25,041,404 · end of year $22,038,060

  • 4 · Accounts receivable

    beginning of year $14,545,540 · end of year $11,245,963

  • 8 · Inventories for sale or use

    end of year $3,943,437

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,608,904 · end of year $1,907,117

  • 10a · Land, buildings and equipment: cost or other basis

    $443,089,775

  • 10b · Land, buildings and equipment: accumulated depreciation

    $153,684,254

  • 10c · Land, buildings and equipment, net

    beginning of year $288,670,911 · end of year $289,405,521

  • 11 · Investments: publicly traded securities

    beginning of year $477,848 · end of year $443,983

  • 12 · Investments: other securities

    beginning of year $108,849,897 · end of year $106,544,180

  • 15 · Other assets

    beginning of year $33,918,553 · end of year $17,989,973

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,317,970 · end of year $17,621,430

  • 19 · Deferred revenue

    beginning of year $11,655,138 · end of year $10,954,388

  • 20 · Tax-exempt bond liabilities

    beginning of year $202,541,377 · end of year $200,875,428

  • 23 · Secured mortgages and notes payable

    beginning of year $1,500,000 · end of year $1,828,843

  • 25 · Other liabilities

    beginning of year $35,446,284 · end of year $20,486,429

  • 27 · Net assets without donor restrictions

    beginning of year $89,200,529 · end of year $86,602,020

  • 28 · Net assets with donor restrictions

    beginning of year $125,395,112 · end of year $116,731,091

Mission and programs · 2022

Mission

LIPSCOMB UNIVERSITY DELIVERS A COMPLETE EDUCATION CHARACTERIZED BY INTEGRATION OF CHRISTIAN FAITH AND PRACTICE WITH ACADEMIC EXCELLENCE. THIS COMPLETE EDUCATION, WHICH INCLUDES LIBERAL ARTS STUDIES AND PROFESSIONAL PREPARATION, DOES NOT SUGGEST A FINISHED EDUCATION. RATHER, IT REFLECTS LIPSCOMB'S COMMITMENT TO THE COMPREHENSIVE DEVELOPMENT OF EACH STUDENT - SPIRITUALLY, INTELLECTUALLY, SOCIALLY, AND PHYSICALLY - AS LIPSCOMB PREPARES ITS GRADUATES FOR A LIFE OF LEARNING, LEADING, AND SERVING. LIPSCOMB SEEKS TO BE ENGAGED IN THE COMMUNITY AND TO BE A GOOD NEIGHBOR AS IT CONTINUES TO GROW.

Activities or mission (Part I)

LIPSCOMB UNIVERSITY DELIVERS A COMPLETE EDUCATION CHARACTERIZED BY INTEGRATION OF CHRISTIAN FAITH AND PRACTICE WITH ACADEMIC EXCELLENCE. THIS COMPLETE EDUCATION, WHICH INCLUDES LIBERAL ARTS STUDIES AND PROFESSIONAL PREPARATION, DOES NOT SUGGEST A FINISHED EDUCATION. RATHER, IT REFLECTS LIPSCOMB'S COMMITMENT TO THE COMPREHENSIVE DEVELOPMENT OF EACH STUDENT - SPIRITUALLY, INTELLECTUALLY, SOCIALLY, AND PHYSICALLY - AS LIPSCOMB PREPARES ITS GRADUATES FOR A LIFE OF LEARNING, LEADING, AND SERVING. LIPSCOMB ALSO SEEKS TO MAKE A POSITIVE DIFFERENCE IN THE COMMUNITY.

  • INSTRUCTIONAL EXPENSES:CLASSROOM AND ONLINE AND GLOBAL INSTRUCTION IN A COLLABORATIVE CHRISTIAN LIBERAL ARTS LEARNING ENVIRONMENT FROM PRE-KINDERGARTEN THROUGH THE DOCTORAL LEVEL AND BEYOND WITH LIFELONG LEARNING.

    Expenses $124,960,917 · Grants $57,703,729 · Revenue $180,392,368

  • STUDENT SERVICES:ENGAGING STUDENT LIFE IN A DYNAMIC AND DIVERSE COMMUNITY THAT GIVES STUDENTS THE OPPORTUNITY TO BE REAL WITH THEMSELVES AND EACH OTHER WHILE PROVIDING OPPORTUNITIES FOR SPIRITUAL FAITH DEVELOPMENT THROUGH SERVICE AND LEARNING.

    Expenses $32,773,314

  • AUXILIARY ENTERPRISES:PROVIDES STUDENTS WITH THE ENGAGING ON-CAMPUS LIPSCOMB EXPERIENCE. STUDENTS WHO LIVE ON CAMPUS TYPICALLY EXPERIENCE A STRONG SENSE OF POSITIVE COMMUNITY.

    Expenses $20,509,764 · Revenue $22,981,704

  • ACADEMIC SUPPORT:INCLUDES ACADEMIC COUNSELING & TESTING SERVICES, ACADEMIC PROGRAM DEVELOPMENT, UNIVERSITY DEANS, INSTRUCTIONAL TECHNOLOGY, LIBRARY SERVICES, AND OTHER AREAS DESIGNED TO ENHANCE A STUDENT'S LEARNING EXPERIENCE AND THE OVERALL QUALITY OF A STUDENT'S EDUCATION.

    Expenses $19,621,113

  • PUBLIC SERVICES:INCLUDES COMMUNITY OUTREACH ACTIVITIES, SPIRITUAL FORMATION ACTIVITIES, AND SUSTAINABILITY WHERE LIPSCOMB CAN POSITIVELY IMPACT COMMUNITIES AND THE ENVIRONMENT.

    Expenses $1,263,679

  • RESEARCH:INCLUDES POTENTIAL DISCOVERIES OF NEW OUTCOMES WITH A GOAL OF ADVANCING PROGRESS BOTH INSTITUTIONALLY AND GLOBALLY.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael F Adams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Buddy Bell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ernie Clevenger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Richard G Cowart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Diane Creel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Morgan W Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mitch Edgeworth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • James Griffith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bart Harper

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bennie Harris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Van Henley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tom Ingram

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Marty Kittrell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Terry Koonce

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mark Lanier

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Little

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Billy Long

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lisa Piercey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gerald Coggin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Vicki Sensing Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David L Solomon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Neika B Stephens

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Shane Hooper

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jeff McGruder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sue Nokes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Philip M Pfeffer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Candice McQueen

    PRESIDENT

    Total calculated
    $694,215
    From this org
    $680,508
    From related orgs
    $0
    Other
    $13,707
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $631,108
    Bonus
    $0
    Other
    $49,400
    Deferred
    $13,617
    Nontaxable benefits
    $90
    Filer's total
    $694,215
  • Jeffrey Baughn

    SR V.P. OF FIN & TECH

    Total calculated
    $235,227
    From this org
    $208,214
    From related orgs
    $0
    Other
    $27,013
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,554
    Bonus
    $0
    Other
    $18,660
    Deferred
    $9,491
    Nontaxable benefits
    $17,522
    Filer's total
    $235,227
  • Lindsay Bales

    CHIEF OF STAFF

    Total calculated
    $93,237
    From this org
    $80,615
    From related orgs
    $0
    Other
    $12,622
    Hours/week
    40
  • Kim Chaudoin

    VP OF PR & COMMUNICATION

    Total calculated
    $124,480
    From this org
    $119,128
    From related orgs
    $0
    Other
    $5,352
    Hours/week
    40
  • Keith Hinkle

    SENIOR VICE PRESIDENT

    Total calculated
    $107,406
    From this org
    $99,119
    From related orgs
    $0
    Other
    $8,287
    Hours/week
    40
  • Hope Nordstrom

    SPEC COUNS TO PRES-STRATE

    Total calculated
    $162,508
    From this org
    $143,631
    From related orgs
    $0
    Other
    $18,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,455
    Bonus
    $0
    Other
    $7,176
    Deferred
    $4,734
    Nontaxable benefits
    $14,143
    Filer's total
    $162,508
  • Matt Paden

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $240,230
    From this org
    $211,897
    From related orgs
    $0
    Other
    $28,333
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,330
    Bonus
    $0
    Other
    $9,567
    Deferred
    $9,305
    Nontaxable benefits
    $19,028
    Filer's total
    $240,230
  • Brad Schultz

    HEAD OF SCHOOL

    Total calculated
    $308,625
    From this org
    $279,291
    From related orgs
    $0
    Other
    $29,334
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,008
    Bonus
    $0
    Other
    $33,283
    Deferred
    $12,833
    Nontaxable benefits
    $16,501
    Filer's total
    $308,625
  • Jennifer Shewmaker

    PROVOST

    Total calculated
    $102,042
    From this org
    $95,948
    From related orgs
    $0
    Other
    $6,094
    Hours/week
    40
  • William Turner

    DISTINGUISHED PROFESSOR

    Total calculated
    $159,182
    From this org
    $136,067
    From related orgs
    $0
    Other
    $23,115
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $118,244
    Bonus
    $0
    Other
    $17,823
    Deferred
    $6,218
    Nontaxable benefits
    $16,897
    Filer's total
    $159,182
  • David Wilson

    GENERAL COUNSEL

    Total calculated
    $192,406
    From this org
    $164,401
    From related orgs
    $0
    Other
    $28,005
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,146
    Bonus
    $0
    Other
    $28,255
    Deferred
    $7,784
    Nontaxable benefits
    $20,221
    Filer's total
    $192,406
  • Dave Bruno

    VICE PRESIDENT OF MKTG

    Total calculated
    $149,708
    From this org
    $127,711
    From related orgs
    $0
    Other
    $21,997
    Hours/week
    40
  • Brent Culberson

    VP OF COMMUNITY RELATIONS

    Total calculated
    $117,971
    From this org
    $100,254
    From related orgs
    $0
    Other
    $17,717
    Hours/week
    40
  • Jeffrey Dale

    CHIEF OF CAMPUS SECURITY

    Total calculated
    $0
    Hours/week
    40
  • Darrell Duncan

    VICE PRESIDENT OF FINANCE

    Total calculated
    $187,001
    From this org
    $151,344
    From related orgs
    $0
    Other
    $35,657
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,595
    Bonus
    $0
    Other
    $8,749
    Deferred
    $22,436
    Nontaxable benefits
    $13,221
    Filer's total
    $187,001
  • Kevin Eidson

    DIR OF HEALTH & WELLNESS

    Total calculated
    $183,736
    From this org
    $162,234
    From related orgs
    $0
    Other
    $21,502
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,234
    Bonus
    $0
    Other
    $6,000
    Deferred
    $0
    Nontaxable benefits
    $21,502
    Filer's total
    $183,736
  • Brett Hinson

    V. P. OF INFORMATION TECH

    Total calculated
    $191,394
    From this org
    $170,049
    From related orgs
    $0
    Other
    $21,345
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,088
    Bonus
    $0
    Other
    $15,961
    Deferred
    $7,681
    Nontaxable benefits
    $13,664
    Filer's total
    $191,394
  • Christy Hooper

    V. P. OF HUMAN RESOURCES

    Total calculated
    $202,943
    From this org
    $174,995
    From related orgs
    $0
    Other
    $27,948
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,140
    Bonus
    $0
    Other
    $25,855
    Deferred
    $7,727
    Nontaxable benefits
    $20,221
    Filer's total
    $202,943
  • Phil Hutcheson

    DIRECTOR OF ATHLETICS

    Total calculated
    $283,204
    From this org
    $250,791
    From related orgs
    $0
    Other
    $32,413
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,391
    Bonus
    $0
    Other
    $35,400
    Deferred
    $11,091
    Nontaxable benefits
    $21,322
    Filer's total
    $283,204
  • Byron Lewis

    V. P. OF ENRL MANAGEMENT

    Total calculated
    $164,634
    From this org
    $141,800
    From related orgs
    $0
    Other
    $22,834
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,689
    Bonus
    $0
    Other
    $10,111
    Deferred
    $3,849
    Nontaxable benefits
    $18,985
    Filer's total
    $164,634
  • Scott Sager

    V. P. OF CHURCH SERVICES

    Total calculated
    $107,090
    From this org
    $84,045
    From related orgs
    $0
    Other
    $23,045
    Hours/week
    40
  • Steven Joiner

    EXECUTIVE DIRECTOR ICM

    Total calculated
    $171,966
    From this org
    $147,877
    From related orgs
    $0
    Other
    $24,089
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $98,195
    Bonus
    $0
    Other
    $49,682
    Deferred
    $7,192
    Nontaxable benefits
    $16,897
    Filer's total
    $171,966
  • Randy R Lowry III

    PRESIDENT EMERITUS

    Total calculated
    $528,165
    From this org
    $410,728
    From related orgs
    $0
    Other
    $117,437
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $363,065
    Bonus
    $22,780
    Other
    $24,883
    Deferred
    $9,818
    Nontaxable benefits
    $107,619
    Filer's total
    $528,165
  • Quincy Byrdsong

    V. PROVOST OF HEALTH AFFR

    Total calculated
    $267,086
    From this org
    $244,780
    From related orgs
    $0
    Other
    $22,306
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,780
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $22,306
    Filer's total
    $267,086
  • Charles R Eldridge

    DEAN OF COLLEGE OF BUS

    Total calculated
    $232,557
    From this org
    $222,115
    From related orgs
    $0
    Other
    $10,442
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,298
    Bonus
    $0
    Other
    $19,817
    Deferred
    $9,813
    Nontaxable benefits
    $629
    Filer's total
    $232,557
  • Parker Elrod

    DEAN, COLLEGE OF ENGIN

    Total calculated
    $214,965
    From this org
    $205,267
    From related orgs
    $0
    Other
    $9,698
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,267
    Bonus
    $0
    Other
    $27,000
    Deferred
    $9,469
    Nontaxable benefits
    $229
    Filer's total
    $214,965
  • R Michael Fernandez

    DEAN COLLEGE OF ENT & ART

    Total calculated
    $236,193
    From this org
    $210,591
    From related orgs
    $0
    Other
    $25,602
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,514
    Bonus
    $0
    Other
    $8,077
    Deferred
    $8,285
    Nontaxable benefits
    $17,317
    Filer's total
    $236,193
  • David Holmes

    DEAN, LIB ARTS & SCIENCES

    Total calculated
    $180,720
    From this org
    $155,584
    From related orgs
    $0
    Other
    $25,136
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,807
    Bonus
    $0
    Other
    $10,777
    Deferred
    $7,124
    Nontaxable benefits
    $18,012
    Filer's total
    $180,720
  • Charles Acuff

    COACH

    Total calculated
    $368,891
    From this org
    $339,006
    From related orgs
    $0
    Other
    $29,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,802
    Bonus
    $0
    Other
    $22,204
    Deferred
    $14,744
    Nontaxable benefits
    $15,141
    Filer's total
    $368,891
  • Thomas Campbell

    DEAN, COLLEGE OF PHARMACY

    Total calculated
    $257,799
    From this org
    $230,047
    From related orgs
    $0
    Other
    $27,752
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,393
    Bonus
    $0
    Other
    $23,654
    Deferred
    $10,856
    Nontaxable benefits
    $16,896
    Filer's total
    $257,799
  • Watler Bledsoe

    SPECIAL ADVISOR

    Total calculated
    $218,950
    From this org
    $209,490
    From related orgs
    $0
    Other
    $9,460
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,086
    Bonus
    $0
    Other
    $30,404
    Deferred
    $9,182
    Nontaxable benefits
    $278
    Filer's total
    $218,950
  • Jeffrey Forehand

    COACH

    Total calculated
    $225,925
    From this org
    $201,355
    From related orgs
    $0
    Other
    $24,570
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,325
    Bonus
    $0
    Other
    $13,030
    Deferred
    $5,417
    Nontaxable benefits
    $19,153
    Filer's total
    $225,925
  • Robert Young

    ASSISTANT PROFESSOR

    Total calculated
    $197,731
    From this org
    $170,274
    From related orgs
    $0
    Other
    $27,457
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,385
    Bonus
    $0
    Other
    $9,889
    Deferred
    $8,304
    Nontaxable benefits
    $19,153
    Filer's total
    $197,731

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Payments for business use of a personal residence
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • NASHVILLE PUBLIC EDUCATION FOUNDATION

    $25,000

    2022 HALL OF FAME LEADER AWARD

  • IMPACT DONATION TO BEST BUDDIES OF NASHVILLE

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • LIPSCOMB-FLORENCE LLC

    HOLD REAL ESTATE · TN

    Directly controlled by LIPSCOMB UNIVERSITY

  • SE MUSIC STUDIO LLC

    MUSIC STUDIO · TN · income -$291,856 · assets $414,688

    Directly controlled by LIPSCOMB UNIVERSITY

  • INSTITUTE FOR CHRISTIAN STUDIES

    SEMINARY SCHOOL · TX

    Directly controlled by LIPSCOMB UNIVERSITY

Provenance

Return type
form_990
Tax year
2022
Filed
9 April 2024
IRS schema version
2022v5.0
Source object
202401039349300510

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