Totals
- Total revenue
- $56,177,115
- Total expenses
- $55,246,168
- Contributions and grants received
- $19,668,509
- Grants paid
- $14,439,311
- Program service revenue
- $25,788,052
- Investment income
- $663,525
- Other revenue
- $10,057,029
- Total assets, end of year
- $200,857,800
- Total liabilities, end of year
- $35,386,716
- Net assets or fund balances, end of year
- $165,471,084
- Program services expenses (Part IX)
- $36,332,301
- Management and general expenses
- $17,035,765
- Fundraising expenses
- $1,878,102
- Program service expenses (Part III)
- $36,332,301
Program services were 65.8% 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.
-
1e · Government grants (contributions)
$8,415,625
-
1f · All other contributions, gifts and grants
$11,252,884
-
2a · Program service revenue: TUITION AND FEES
total $25,788,052 · related or exempt $25,788,052
-
3 · Investment income
total $618,060 · excluded $618,060
-
7a · Gross sales of assets other than inventory
securities $45,465
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $45,465
-
7d · Net gain or loss
total $45,465 · related or exempt $45,465
-
11a · Other revenue: AUXILLIARY INCOME
total $9,251,688 · related or exempt $9,251,688
-
11b · Other revenue: OTHER INCOME
total $805,341 · related or exempt $805,341
-
11e · Other revenue, total
$10,057,029
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $14,439,311 · program services $14,439,311
-
5 · Compensation of officers, directors and key employees
total $2,239,241 · program services $1,727,140 · management and general $379,583 · fundraising $132,518
-
7 · Other salaries and wages
total $15,434,106 · program services $11,904,422 · management and general $2,616,298 · fundraising $913,386
-
11g · Fees: other
total $2,392,539 · program services $1,107,408 · management and general $1,235,467 · fundraising $49,664
-
16 · Occupancy
total $6,461,798 · program services $207,690 · management and general $6,252,108 · fundraising $2,000
-
17 · Travel
total $1,407,380 · program services $1,175,674 · management and general $109,447 · fundraising $122,259
-
20 · Interest
total $2,033,393 · program services $5,559 · management and general $1,991,928 · fundraising $35,906
-
22 · Depreciation, depletion and amortization
total $1,201,543 · management and general $1,201,543
-
23 · Insurance
total $791,044 · program services $165,676 · management and general $625,368
-
24a · Other expenses: STUDENTS PROGRAM AND SU
total $3,603,715 · program services $3,570,143 · management and general $32,896 · fundraising $676
-
24b · Other expenses: EQUIPMENT & TECHNOLOGY
total $2,870,170 · program services $515,222 · management and general $2,015,404 · fundraising $339,544
-
24c · Other expenses: SUPPLIES AND OPERATIONS
total $1,958,203 · program services $1,461,489 · management and general $375,192 · fundraising $121,522
-
24d · Other expenses: STUDENT RECRUITING AND
total $242,195 · program services $52,567 · management and general $29,001 · fundraising $160,627
-
24e · All other expenses
total $171,530 · management and general $171,530
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,187,594 · end of year $6,773,662
-
3 · Pledges and grants receivable
beginning of year $13,880,471 · end of year $12,069,157
-
4 · Accounts receivable
beginning of year $15,894,751 · end of year $17,218,978
-
7 · Other notes and loans receivable
beginning of year $39,291 · end of year $39,291
-
8 · Inventories for sale or use
beginning of year $154,862 · end of year $186,011
-
9 · Prepaid expenses and deferred charges
beginning of year $642,571 · end of year $3,261,471
-
10a · Land, buildings and equipment: cost or other basis
$122,009,907
-
10b · Land, buildings and equipment: accumulated depreciation
$74,880,625
-
10c · Land, buildings and equipment, net
beginning of year $32,213,553 · end of year $47,129,282
-
12 · Investments: other securities
beginning of year $26,853,080 · end of year $30,361,128
-
13 · Investments: program-related
beginning of year $83,818,820 · end of year $83,818,820
-
17 · Accounts payable and accrued expenses
beginning of year $97,288 · end of year $4,528,080
-
19 · Deferred revenue
beginning of year $5,556,664 · end of year $6,325,395
-
23 · Secured mortgages and notes payable
beginning of year $12,455,168 · end of year $24,099,482
-
25 · Other liabilities
beginning of year $363,750 · end of year $433,759
-
27 · Net assets without donor restrictions
beginning of year $113,974,290 · end of year $116,202,348
-
28 · Net assets with donor restrictions
beginning of year $49,237,833 · end of year $49,268,736
Mission and programs · 2022
Mission
FISK UNIVERSITY PRODUCES GRADUATES FROM DIVERSE BACKGROUNDS WITH THE INTEGRITY AND INTELLECT REQUIRED FOR SUBSTANTIVE CONTRIBUTIONS TO SOCIETY. OUR CURRICULUM IS GROUNDED IN THE LIBERAL ARTS. OUR FACULTY AND ADMINISTRATORS EMPHASIZE THE DISCOVERY AND ADVANCEMENT OF KNOWLEDGE THROUGH RESEARCH IN THE NATURAL AND SOCIAL SCIENCES, BUSINESS AND THE HUMANITIES. WE ARE COMMITTED TO THE SUCCESS OF SCHOLARS AND LEADERS WITH GLOBAL PERSPECTIVE.
Activities or mission (Part I)
FISK UNIVERSITY PRODUCES GRADUATES FROM DIVERSE BACKGROUNDS WITH THE INTEGRITY AND INTELLECT REQUIRED FOR SUBSTANTIVE CONTRIBUTIONS TO SOCIETY.
-
THE ORGANIZATION IS AN INSTITUTION OF HIGHER EDUCATION ANDPROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORTSERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATINGSTUDENTS.
Expenses $36,332,301 · Grants $14,439,311 · Revenue $35,890,546
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Callie KhouriCALLIE KHOURI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David CrabtreeDAVID CRABTREE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Edward M ZimmermanEDWARD M ZIMMERMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Frank L SimsFRANK L SIMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Frank SimmonsFRANK SIMMONS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Holly HambyHOLLY HAMBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Janine SmithJANINE SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jolinda HerringJOLINDA HERRING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Juliette PryorJULIETTE PRYOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kim SeymourKIM SEYMOUR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lela HughesLELA HUGHES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marcus D CosbyMARCUS D COSBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nzinga ShawNZINGA SHAW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robert NortonROBERT NORTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Roland ParrishROLAND PARRISH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ronald S SaferRONALD S SAFER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Surendra RamannaSURENDRA RAMANNA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vann R Newkirk Sr PhDVANN R NEWKIRK SR PHD
PRESIDENT
- Total calculated
- $480,467
- From this org
- $480,467
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $480,467
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $480,467
-
Katherine BurnetteKATHERINE BURNETTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Precious OseghalePRECIOUS OSEGHALE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daikerra SweatDAIKERRA SWEAT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jens FrederiksenJENS FREDERIKSEN
SR. VP FOR INSTIT. ADV. & ENROLLMENT MGT
- Total calculated
- $196,053
- From this org
- $196,053
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,053
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $196,053
-
Kenneth JonesKENNETH JONES
VICE PRESIDENT OF TRANSFORMATIVE INITIATIVES
- Total calculated
- $132,663
- From this org
- $132,663
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Natara GarvinNATARA GARVIN
VICE PRESIDENT OF STUDENT AFFAIRS
- Total calculated
- $119,964
- From this org
- $119,964
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Norman JonesNORMAN JONES
CFO/VICE PRESIDENT OF FINA
- Total calculated
- $169,201
- From this org
- $169,201
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,201
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $169,201
-
Robert CarrROBERT CARR
PROVOST/VICE PRESIDENT OF ACADEMIC AFFAIRS
- Total calculated
- $66,085
- From this org
- $66,085
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Arnold BurgerARNOLD BURGER
PROFESSOR
- Total calculated
- $201,909
- From this org
- $201,909
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,909
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $201,909
-
Qingxia LiQINGXIA LI
ASSOCIATE PROFESSOR
- Total calculated
- $110,540
- From this org
- $110,540
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Shirley BrownSHIRLEY BROWN
PROFESSOR
- Total calculated
- $102,596
- From this org
- $102,596
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Steven M DamoSTEVEN M DAMO
ASSISTANT PROFESSOR
- Total calculated
- $105,118
- From this org
- $105,118
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Shieila SmithSHIEILA SMITH
ASSOCIATE VP FOR INST. ADV
- Total calculated
- $109,410
- From this org
- $109,410
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Isaac ThompsonISAAC THOMPSON
PROGRAM DIRECTOR OF STEM
- Total calculated
- $123,424
- From this org
- $123,424
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Edward Brian GarnerEDWARD BRIAN GARNER
DIRECTOR OF IT
- Total calculated
- $106,210
- From this org
- $106,210
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jamaal SheatsJAMAAL SHEATS
ASSOCIATE PROVOST
- Total calculated
- $113,100
- From this org
- $113,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Reginald AmersonREGINALD AMERSON
ASSOCIATE VICE PRESIDENT OF FINANCE
- Total calculated
- $102,500
- From this org
- $102,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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 · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · TN
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.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
STIEGLITZ ART COLLECTION LLC
RELATED · TN · 50% owned · general or managing partner
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 January 2025
- IRS schema version
- 2022v5.0
- Source object
- 202510179349300321
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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