Form 990 for tax year 2022

Filed by MARYVILLE COLLEGE.

Totals

Total revenue: $60,200,141
Total expenses: $59,448,145
Contributions and grants received: $8,611,112
Grants paid: $22,168,334
Program service revenue: $46,947,623
Investment income: $4,188,688
Other revenue: $452,718
Total assets, end of year: $195,858,155
Total liabilities, end of year: $35,356,790
Net assets or fund balances, end of year: $160,501,365
Program services expenses (Part IX): $45,137,140
Management and general expenses: $13,198,997
Fundraising expenses: $1,112,008
Program service expenses (Part III): $45,137,140

Program services were 75.9% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$1,199,555
1f · All other contributions, gifts and grants

$7,411,557
1g · Noncash contributions included above

$432,806
2a · Program service revenue: Tuition and Instruction

total $36,728,060 · related or exempt $36,728,060 · unrelated business $0 · excluded $0
2b · Program service revenue: Residence Halls and Student Meals

total $8,501,014 · related or exempt $0 · unrelated business $0 · excluded $8,501,014
2c · Program service revenue: Other Program Related Revenue

total $1,083,426 · related or exempt $0 · unrelated business $0 · excluded $1,083,426
2d · Program service revenue: Sales of Education Activities

total $22,547 · related or exempt $22,547 · unrelated business $0 · excluded $0
2e · Program service revenue: Clayton Center for the Arts

total $612,576 · related or exempt $32,193 · unrelated business $580,383 · excluded $0
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $2,063,562 · related or exempt $0 · unrelated business $0 · excluded $2,063,562
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $136,379 · personal property $0
6b · Less rental expenses

real property $0 · personal property $0
6c · Rental income or loss

real property $136,379 · personal property $0
6d · Net rental income or loss

total $136,379 · related or exempt $0 · unrelated business $0 · excluded $136,379
7a · Gross sales of assets other than inventory

securities $9,711,145 · other assets $2,108,782
7b · Less cost or other basis and sales expenses

securities $8,589,919 · other assets $1,104,882
7c · Gain or loss

securities $1,121,226 · other assets $1,003,900
7d · Net gain or loss

total $2,125,126 · related or exempt $2,125,126 · unrelated business $0 · excluded $0
8a · Fundraising events: contributions included on line 1c

$0
10a · Gross sales of inventory

$27,347
10b · Cost of goods sold

$9,309
10c · Net income from sales of inventory

total $18,038 · related or exempt $0 · unrelated business $18,038 · excluded $0
11a · Other revenue: Campus Vending, commissions, and Special Programs

total $298,301 · related or exempt $298,301 · unrelated business $0 · excluded $0
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$298,301

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0 · program services $0
2 · Grants to domestic individuals

total $21,631,313 · program services $21,631,313
3 · Grants to foreign organizations and individuals

total $537,021 · program services $537,021
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $1,330,994 · program services $357,555 · management and general $751,396 · fundraising $222,043
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $14,532,146 · program services $11,797,698 · management and general $2,196,936 · fundraising $537,512
8 · Pension plan contributions

total $470,878 · program services $383,642 · management and general $70,582 · fundraising $16,654
9 · Other employee benefits

total $2,105,025 · program services $1,715,046 · management and general $315,530 · fundraising $74,449
10 · Payroll taxes

total $1,130,503 · program services $921,065 · management and general $169,455 · fundraising $39,983
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $54,875 · program services $0 · management and general $54,875 · fundraising $0
11c · Fees: accounting

total $55,000 · program services $0 · management and general $55,000 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $28,241 · fundraising $28,241
11f · Fees: investment management

total $0 · program services $0 · management and general $0 · fundraising $0
11g · Fees: other

total $1,373,638 · program services $990,791 · management and general $361,062 · fundraising $21,785
12 · Advertising and promotion

total $148,864 · program services $55,842 · management and general $93,022 · fundraising $0
13 · Office expenses

total $209,684 · program services $67,266 · management and general $67,333 · fundraising $75,085
14 · Information technology

total $587,121 · program services $176,136 · management and general $410,985 · fundraising $0
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $2,783,739 · program services $162,927 · management and general $2,620,812 · fundraising $0
17 · Travel

total $1,562,881 · program services $1,436,562 · management and general $63,195 · fundraising $63,124
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $212,873 · program services $117,232 · management and general $90,231 · fundraising $5,410
20 · Interest

total $712,763 · program services $0 · management and general $712,763 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $2,993,061 · program services $110,797 · management and general $2,882,264 · fundraising $0
23 · Insurance

total $59,310 · program services $0 · management and general $59,310 · fundraising $0
24a · Other expenses: Library Services

total $214,333 · program services $214,333 · management and general $0 · fundraising $0
24b · Other expenses: Student Meals

total $2,469,472 · program services $2,469,472 · management and general $0 · fundraising $0
24c · Other expenses: Supplies

total $1,233,906 · program services $660,823 · management and general $546,941 · fundraising $26,142
24d · Other expenses: Repairs and Maintenance

total $1,932,869 · program services $516,143 · management and general $1,415,146 · fundraising $1,580
24e · All other expenses

total $1,077,635 · program services $815,476 · management and general $262,159 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,423,518 · end of year $678,759
2 · Savings and temporary cash investments

beginning of year $139,567 · end of year $63,185
3 · Pledges and grants receivable

beginning of year $1,522,376 · end of year $2,480,207
4 · Accounts receivable

beginning of year $421,916 · end of year $650,119
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $684,833 · end of year $268
8 · Inventories for sale or use

beginning of year $2,598 · end of year $5,240
9 · Prepaid expenses and deferred charges

beginning of year $13,662,287 · end of year $13,709,004
10a · Land, buildings and equipment: cost or other basis

$124,821,946
10b · Land, buildings and equipment: accumulated depreciation

$54,775,161
10c · Land, buildings and equipment, net

beginning of year $68,326,071 · end of year $70,046,785
11 · Investments: publicly traded securities

beginning of year $0 · end of year $0
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $111,991,201 · end of year $104,302,635
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $2,541,977 · end of year $3,921,953
17 · Accounts payable and accrued expenses

beginning of year $3,013,897 · end of year $2,450,323
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $356,282 · end of year $262,314
20 · Tax-exempt bond liabilities

beginning of year $26,873,841 · end of year $24,913,426
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $4,856,754 · end of year $6,812,734
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $1,773,383 · end of year $917,993
27 · Net assets without donor restrictions

beginning of year $54,189,494 · end of year $53,080,285
28 · Net assets with donor restrictions

beginning of year $109,652,693 · end of year $107,421,080

Mission and programs · 2022

Mission

Maryville College prepares students for lives of citizenship and leadership as we challenge each one to search for truth, grow in wisdom, work for justice, and dedicate a life of creativity and service to the peoples of the world.

Activities or mission (Part I)

Maryville College is an undergraduate, liberal arts, residential community of faith and learning, serving students of all ages and backgrounds. We prepare students for lives of citizenship and leadership as we challenge each one to search for truth, grow in wisdom, work for justice and dedicate a life of creativity and service to the peoples of the world. In fiscal year 2021, the College served a full-time equivalent total of 987 students. The College has 67 programs of study and 15 Division III sports teams.

Higher Education: Maryville College is a four year liberal arts college. The institution provides four year degree granting programs. In fiscal year 2023 there were 972 total undergraduates with approximately 73% living on campus.

Expenses $42,846,509 · Grants $22,168,334 · Revenue $39,174,034
The Clayton Center for the Arts is a two building complex and plaza located on a part of the Maryville College campus. The buildings are owned by the Industrial Development Board of Blount County and are leased to the City of Maryville and the City of Alcoa. The cities in turn have an operating agreement with the College to manage and operate the facility. The Center is a place to present outstanding artists, produce worthy art, develop both local artists and their audiences and provide space for the presentation of artistic and cultural events by outside entities. It is also where the College's fine arts division is located.

Expenses $2,290,631 · Revenue $32,193

As filed on the 2022 return.

Listed in Part VII

Dr Bryan Coker

President

Total calculated

$396,461

From this org

$346,974

From related orgs

$0

Other

$49,487

Hours/week

40

Schedule J breakdown matched by us

Base

$346,974

Bonus

$0

Other

$0

Deferred

$31,900

Nontaxable benefits

$17,587

Filer's total

$396,461
Jeffery S Ingle

Vice President

Total calculated

$191,134

From this org

$165,379

From related orgs

$0

Other

$25,755

Hours/week

40

Schedule J breakdown matched by us

Base

$165,379

Bonus

$0

Other

$0

Deferred

$17,530

Nontaxable benefits

$8,225

Filer's total

$191,134
Dr Dan Klingensmith

Vice President

Total calculated

$175,691

From this org

$150,626

From related orgs

$0

Other

$25,065

Hours/week

40

Schedule J breakdown matched by us

Base

$150,626

Bonus

$0

Other

$0

Deferred

$16,249

Nontaxable benefits

$8,816

Filer's total

$175,691
Melinda S Booker

Vice President

Total calculated

$174,968

From this org

$145,603

From related orgs

$0

Other

$29,365

Hours/week

40

Schedule J breakdown matched by us

Base

$145,603

Bonus

$0

Other

$0

Deferred

$22,950

Nontaxable benefits

$6,415

Filer's total

$174,968
Dr Melanie Tucker

Vice President

Total calculated

$160,494

From this org

$125,426

From related orgs

$0

Other

$35,068

Hours/week

40

Schedule J breakdown matched by us

Base

$125,426

Bonus

$0

Other

$0

Deferred

$26,000

Nontaxable benefits

$9,068

Filer's total

$160,494
Blake Smith

General Manager

Total calculated

$131,946

From this org

$115,292

From related orgs

$0

Other

$16,654

Hours/week

40
Kelly Leonard

Vice President

Total calculated

$126,197

From this org

$114,289

From related orgs

$0

Other

$11,908

Hours/week

40
Alayne Bowman

Vice President

Total calculated

$124,694

From this org

$104,989

From related orgs

$0

Other

$19,705

Hours/week

40
John Berry

Chief Operations Officer

Total calculated

$118,938

From this org

$108,280

From related orgs

$0

Other

$10,658

Hours/week

40
Dr William Bell

Board Member

Total calculated

$0

Hours/week

2
Mr C Michael Davis Jr

Board Member

Total calculated

$0

Hours/week

2
Ms Marcia Kilby-Rethwilm

Board Member

Total calculated

$0

Hours/week

2
Ms Mary Crawford

Board Member

Total calculated

$0

Hours/week

2
Dr James Kulich

Board Member

Total calculated

$0

Hours/week

2
Ms Diane Humphreys-Barlow

Board Member

Total calculated

$0

Hours/week

2
Mr J William Johnson

Board Member

Total calculated

$0

Hours/week

2
Ms Cheryl S Massingale

Board Member

Total calculated

$0

Hours/week

2
Mr Adriel McCord

Board Member

Total calculated

$0

Hours/week

2
Ms Erin Polly Palmer

Board Member

Total calculated

$0

Hours/week

2
Ms Ann L Rigell

Board Member

Total calculated

$0

Hours/week

2
Dr Jennifer McCafferty-Fernandez

Board Member

Total calculated

$0

Hours/week

2
Dr Kenneth D Tuck

Board Member

Total calculated

$0

Hours/week

2
Ms Debra Wilson

Board Member

Total calculated

$0

Hours/week

2
Mr Charles Wright

Board Member

Total calculated

$0

Hours/week

2
Mr Alvin Nance

Board Member

Total calculated

$0

Hours/week

2
Judge W Neal McBrayer

Board Member

Total calculated

$0

Hours/week

2
Mr Timothy A Topham

Board Member

Total calculated

$0

Hours/week

2
Mr Jason Brooks

Board Member

Total calculated

$0

Hours/week

2
Rev Dr Emily J Anderson

Board Member

Total calculated

$0

Hours/week

2
Mr Steven Diggs

Board Member

Total calculated

$0

Hours/week

2
Mr Adam Ray

Board Member

Total calculated

$0

Hours/week

2
Ms Cate Biggs

Board Member

Total calculated

$0

Hours/week

2
Ms Jane Alexander Carl

Board Member

Total calculated

$0

Hours/week

2
Mr Greg Gheen

Board Member

Total calculated

$0

Hours/week

2
Mr Don Hickman

Board Member

Total calculated

$0

Hours/week

2
Rev Gradye Parsons

Board Member

Total calculated

$0

Hours/week

2
Mr Charles West

Board Member

Total calculated

$0

Hours/week

2
Ms Judith Penry

Board Member

Total calculated

$0

Hours/week

2
Dr Margaret Cowan

Board Member

Total calculated

$0

Hours/week

2
Mr Kyle Duke

Board Member

Total calculated

$0

Hours/week

2
Mr Joe Emert

Board Member

Total calculated

$0

Hours/week

2
Mr Wayne Kramer

Board Member

Total calculated

$0

Hours/week

2

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 · Travel for companions
1a · Housing allowance or residence for personal use
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a: The spouse of the President sometimes accompanies him to conferences and meetings during the year. The College pays for her travel expenses. Also, the president receives an annual housing allowance and an auto allowance. The annual values of these allowances are added to his taxable compensation.

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

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 April 2024
IRS schema version: 2022v5.0
Source object: 202421069349301762

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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