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Nonprofit · EIN 61-0444671

CENTRE COLLEGE OF KENTUCKY

Tax-exempt · DANVILLE, KY 40422

Financials

$105.1M$130.2M2022$122.2M$136.5M2023$139.1M$137.8M2024
Revenue Expenses · by fiscal year end
Financials of CENTRE COLLEGE OF KENTUCKY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$139,089,920$137,751,557$1,338,363$704,006,525$190,158,652$513,847,873
June 30, 2024990$122,219,600$136,532,261-$14,312,661$672,834,530$196,832,092$476,002,438
June 30, 2023990$105,077,497$130,151,264-$25,073,767$669,389,150$201,009,421$468,379,729
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$41,467,097
of which government grants
$513,142
Program service revenue
$94,241,179
Investment income
$3,179,037
Net gain from sales of assets
$1,834,029
Other revenue
$202,607

Expenses

Grants and similar amounts paid
$52,391,758
Compensation of officers, directors and key employees
$2,934,680
Other salaries and wages
$31,915,391
Salaries, compensation and benefits (total)
$42,682,508
Professional fundraising fees
$0
Legal fees
$136,769
Accounting fees
$138,323
Occupancy
$5,886,160
Travel
$1,849,008
Depreciation
$5,211,256
Program services (functional)
$123,717,956
Management and general (functional)
$10,706,876
Fundraising (functional)
$3,326,725

Balance sheet and other

Total assets, start of year
$672,834,530
Total assets, end of year
$704,006,525
Total liabilities, end of year
$190,158,652
Net assets, end of year
$513,847,873
Land, buildings and equipment
$205,607,437
Publicly traded securities
$96,678,910
Net assets without donor restrictions
$159,071,776
Net assets with donor restrictions
$354,776,097
Gross unrelated business income
-$1,024,794
Gross receipts
$159,614,344
Employees
1,426
Volunteers
66
Year formed
1819
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MILTON MORELANDPRESIDENT
Officer
50$519,977$45,216
BRIAN HUTZLEYVP, CFO AND TREASURER
Officer
50$484,770$4,808
KELLY KNETSCHEVP FOR DEVELOPMENT AND ALUMNI
Officer
50$261,488$23,358
SARAH NOLANVP STRATEGIC MARKETING AND COMMUNICATIONS
Officer
50$238,472$27,954
CHAD SPENCERVP FOR ENROLLMENT MANAGEMENT
Officer
50$229,691$28,716
ELLEN GOLDEYVP FOR ACADEMIC AFFAIRS
Officer
50$219,136$24,970
PAMELA BAUGHMANVP FOR STUDENT SUCCESS AND ADVANCEMENT
Key employee
50$195,526$28,779
BARBARA LOMONACOVP FOR STUDENT LIFE
Officer
50$188,556$20,916
LESLEY BILBYEXECUTIVE DIRECTOR FOR STRATEGIC INITIATIVES & EXTERNAL RELATIONS
Key employee
50$174,724$24,208
JAMES P LEAHEYVP FOR LEGAL AFFAIRS
Officer
50$169,417$23,998
ALEX MCALLISTERASSOCIATE DEAN FOR ACADEMIC AFFAIRS
Highest-paid employee
50$148,314$21,424
STEVEN HOFFMANEXECUTIVE DIRECTOR FOR NORTON CENTER
Highest-paid employee
50$143,158$19,640
WILLIAM B FIELDSDIRECTOR OF ATHLETICS
Highest-paid employee
50$135,855$25,999
KAY DRAKEVP FOR HUMAN RESOURCES - TERM ENDED
Officer
50$145,212$16,168
DAVID ANDERSONPAUL G BLAZER PROFESSOR OF ECONOMICS & BUSINESS
Highest-paid employee
50$139,796$20,416
27 more people on this return
NameTitleHours / weekCompensation
BENJAMIN BEATONSECRETARY
Trustee or director, Officer
1$0
CRIT LUALLENVICE-CHAIR
Trustee or director, Officer
1$0
MARK E NUNNELLYBOARD CHAIR
Trustee or director, Officer
1$0
ANGIE MCDONALDTRUSTEE
Trustee or director
1$0
ANITA M BRITTONTRUSTEE
Trustee or director
1$0
BETH P KLEINTRUSTEE
Trustee or director
1$0
BRIAN MEFFORDTRUSTEE
Trustee or director
1$0
BRIANA LATHON BLUFORDTRUSTEE - TERM ENDED
Trustee or director
1$0
CJ DONALDTRUSTEE
Trustee or director
1$0
CRAIG HILLETRUSTEE
Trustee or director
1$0
EDDY ROBERTS JRTRUSTEE
Trustee or director
1$0
GREG W CAUDILLTRUSTEE
Trustee or director
1$0
JAMES A SMITHTRUSTEE
Trustee or director
1$0
JANE HOPKINSTRUSTEE
Trustee or director
1$0
JEFFREY MACKINTRUSTEE
Trustee or director
1$0
JENNIE P CARLSONTRUSTEE
Trustee or director
1$0
JOHN FARRISTRUSTEE
Trustee or director
1$0
LEA STROMIRE JOHNSONTRUSTEE
Trustee or director
1$0
LEONARD NAPOLITANOTRUSTEE
Trustee or director
1$0
MARK FISHMANTRUSTEE
Trustee or director
1$0
PEGGY P PATTERSONTRUSTEE
Trustee or director
1$0
PRASHANT CHAKRADHARTRUSTEE
Trustee or director
1$0
SHEILA A BURKSTRUSTEE
Trustee or director
1$0
STEPHEN HODGESTRUSTEE
Trustee or director
1$0
SUSAN STOCKTONTRUSTEE
Trustee or director
1$0
WIJDAN JREISATTRUSTEE
Trustee or director
1$0
WILLIAM S BOWMER IIITRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 47 people
NameTitleHours / weekCompensationOther / benefits
MILTON MORELANDPRESIDENT
Officer
50$425,852$48,591
BRIAN HUTZLEYVP, CFO AND TREASURER
Officer
50$345,444$32,024
KELLY KNETSCHEVP FOR DEVELOPMENT AND ALUMNI
Officer
50$258,695$27,810
SARAH NOLANVP SRATEGIC MARKETING AND COMMUNICATIONS
Officer
50$234,865$47,629
ELLEN GOLDEYVP FOR ACADEMIC AFFAIRS
Officer
50$218,599$30,141
PAMELA BAUGHMANVP FOR STUDENT SUCCESS AND ADVANCEMENT
Highest-paid employee
50$197,373$35,159
BARBARA LOMONACOVP FOR STUDENT LIFE
Officer
50$188,947$25,679
JAMES P LEAHEYVP FOR LEGAL AFFAIRS
Officer
50$175,478$34,214
ALEX MCALLISTERASSOCIATE DEAN
Highest-paid employee
50$159,242$31,716
ANDREA C ABRAMSVP, DIVERSITY, EQUITY, INCLUSION
Highest-paid employee
50$159,755$21,071
STEVEN HOFFMANEXECUTIVE DIRECTOR FOR NORTON CENTER
Highest-paid employee
50$147,631$25,269
JENNIFER L MUZYKAPROFESSOR
Highest-paid employee
50$150,409$18,393
KAY DRAKEVP FOR HUMAN RESOURCES
Officer
50$145,960$21,267
BENJAMIN BEATONSECRETARY
Trustee or director, Officer
1$0$0
MARK E NUNNELLYBOARD CHAIR
Trustee or director, Officer
1$0$0
AMUL THAPARTRUSTEE
Trustee or director
1$0$0
ANGIE EVANSTRUSTEE
Trustee or director
1$0$0
ANGIE MCDONALDTRUSTEE
Trustee or director
1$0$0
ANITA M BRITTONTRUSTEE
Trustee or director
1$0$0
BETH P KLEINTRUSTEE
Trustee or director
1$0$0
BRIAN MEFFORDTRUSTEE
Trustee or director
1$0$0
BRIANA LATHON BLUFORDTRUSTEE
Trustee or director
1$0$0
CJ DONALDTRUSTEE
Trustee or director
1$0$0
CRAIG HILLETRUSTEE
Trustee or director
1$0$0
CRIT LUALLENTRUSTEE
Trustee or director
1$0$0
EDDY ROBERTS JRTRUSTEE
Trustee or director
1$0$0
GREG W CAUDILLTRUSTEE
Trustee or director
1$0$0
HENRY SNYDERTRUSTEE - TERM ENDED
Trustee or director
1$0$0
JAMES A SMITHTRUSTEE
Trustee or director
1$0$0
JANE HOPKINSTRUSTEE
Trustee or director
1$0$0
JEFFREY MACKINTRUSTEE
Trustee or director
1$0$0
JENNIE P CARLSONTRUSTEE
Trustee or director
1$0$0
JOHN FARRISTRUSTEE
Trustee or director
1$0$0
JOHN R BARTONTRUSTEE - TERM ENDED
Trustee or director
1$0$0
LEA STROMIRE JOHNSONTRUSTEE
Trustee or director
1$0$0
LEE TATUMTRUSTEE
Trustee or director
1$0$0
LEONARD NAPOLITANOTRUSTEE
Trustee or director
1$0$0
MARK FISHMANTRUSTEE
Trustee or director
1$0$0
PEGGY P PATTERSONTRUSTEE
Trustee or director
1$0$0
PRASHANT CHAKRADHARTRUSTEE
Trustee or director
1$0$0
RICHARD RINEYTRUSTEE
Trustee or director
1$0$0
SHEILA A BURKSTRUSTEE
Trustee or director
1$0$0
STEPHEN HODGESTRUSTEE
Trustee or director
1$0$0
SUSAN STOCKTONTRUSTEE
Trustee or director
1$0$0
TAO LETRUSTEE
Trustee or director
1$0$0
WIJDAN JREISATTRUSTEE
Trustee or director
1$0$0
WILLIAM S BOWMER IIITRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 46 people
NameTitleHours / weekCompensationOther / benefits
JOHN A ROUSHFORMER PRESIDENT
Former
0$705,417$0
MILTON MORELANDPRESIDENT
Officer
50$417,315$55,845
BRIAN HUTZLEYVP, CFO AND TREASURER
Officer
50$308,181$29,974
KELLY KNETSCHEVP FOR DEVELOPMENT AND ALUMNI
Officer
50$245,583$27,819
SARAH NOLANVP SRATEGIC MARKETING & COMMS
Officer
50$225,426$30,023
ELLEN GOLDEYVP FOR ACADEMIC AFFAIRS
Officer
50$206,693$32,664
BARBARA LOMONACOVP FOR STUDENT LIFE
Officer
50$181,311$25,768
JAMES P LEAHEYVP FOR LEGAL AFFAIRS
Officer
50$163,020$35,831
PAMELA BAUGHMANVP FOR STUDENT SUCCESS
Highest-paid employee
50$135,780$34,088
ROBERT NESMITHDEAN ADMISSION & FINANCIAL AID
Highest-paid employee
50$148,910$16,528
STEVEN HOFFMANEXECUTIVE DIRECTOR FOR NORTON
Highest-paid employee
50$138,117$27,064
ALEX MCALLISTERASSOCIATE DEAN
Highest-paid employee
50$131,659$32,287
KAY DRAKEVP FOR HUMAN RESOURCES
Officer
50$138,621$21,183
WILLIAM FIELDSDIRECTOR OF ATHLETICS
Highest-paid employee
50$144,128$1,375
JOHN R BARTONTRUSTEE
Trustee or director
1$0$0
BENJAMIN BEATONSECRETARY
Trustee or director, Officer
1$0$0
BRIANA LATHON BLUFORDTRUSTEE
Trustee or director
1$0$0
WILLIAM S BOWMER IIITRUSTEE
Trustee or director
1$0$0
ANITA M BRITTONTRUSTEE
Trustee or director
1$0$0
SHEILA A BURKSTRUSTEE
Trustee or director
1$0$0
JENNIE P CARLSONTRUSTEE
Trustee or director
1$0$0
GREG W CAUDILLTRUSTEE
Trustee or director
1$0$0
PRASHANT CHAKRADHARTRUSTEE
Trustee or director
1$0$0
JESS CORRELLTRUSTEE
Trustee or director
1$0$0
ANGIE EVANSTRUSTEE
Trustee or director
1$0$0
JOHN FARRISTRUSTEE
Trustee or director
1$0$0
CRAIG HILLETRUSTEE
Trustee or director
1$0$0
STEPHEN HODGESTRUSTEE
Trustee or director
1$0$0
JANE HOPKINSTRUSTEE
Trustee or director
1$0$0
LEA STROMIRE JOHNSONTRUSTEE
Trustee or director
1$0$0
WIJDAN JREISATTRUSTEE
Trustee or director
1$0$0
BETH P KLEINTRUSTEE
Trustee or director
1$0$0
TAO LETRUSTEE
Trustee or director
1$0$0
CRIT LUALLENTRUSTEE
Trustee or director
1$0$0
JEFFREY MACKINTRUSTEE
Trustee or director
1$0$0
BRIAN MEFFORDTRUSTEE
Trustee or director
1$0$0
LEONARD NAPOLITANOTRUSTEE
Trustee or director
1$0$0
JOHN H NEWMANTRUSTEE
Trustee or director
1$0$0
MARK E NUNNELLYBOARD CHAIR
Trustee or director, Officer
1$0$0
PEGGY P PATTERSONTRUSTEE
Trustee or director
1$0$0
RICHARD RINEYTRUSTEE
Trustee or director
1$0$0
EDDY ROBERTS JRTRUSTEE
Trustee or director
1$0$0
JAMES A SMITHTRUSTEE
Trustee or director
1$0$0
HENRY SNYDERTRUSTEE
Trustee or director
1$0$0
LEE TATUMTRUSTEE
Trustee or director
1$0$0
AMUL THAPARTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
600 W WALNUT ST, DANVILLE, KY 40422-1309
In care of
% JENNIFER TROESTLER
Mailing address (990-N for 2023)
600 West Walnut Street, Danville KY 40422
Principal officer (990 for 2024)
DR MILTON C MORELAND, 600 WEST WALNUT STREET, DANVILLE, KY 40422
Signed the 990
AMANDA GRIMES, Vice President, CFO and Treasurer
Phone
(859) 238-5451
Return prepared by
Forvis Mazars LLP

Mission

CENTRE COLLEGE IS A SMALL, INDEPENDENT, AND SELECTIVE EDUCATIONAL COMMUNITY DEDICATED TO STUDY IN THE LIBERAL ARTS AS A MEANS TO DEVELOP THE INTELLECTUAL, PERSONAL, AND MORAL POTENTIAL OF ITS STUDENTS. CENTRE NURTURES IN ITS STUDENTS THE ABILITY TO THINK LOGICALLY AND CRITICALLY, TO WORK CREATIVELY, TO ANALYZE AND COMPARE VALUES, AND TO WRITE AND SPEAK WITH CLARITY AND GRACE. IT ACQUAINTS STUDENTS WITH THE RANGE OF ACCOMPLISHMENTS OF THE HUMAN MIND AND SPIRIT IN A VARIETY OF ARTS AND THEORETICAL DISCIPLINES. IT ENABLES STUDENTS TO CHOOSE AND FULFILL SIGNIFICANT RESPONSIBILITIES IN SOCIETY. IN SHORT, CENTRE'S HIGHEST PRIORITY IS TO PREPARE ITS STUDENTS FOR LIVES OF LEARNING, LEADERSHIP AND SERVICE.

990 for the year ended June 30, 2025

Program accomplishments

  • FOUNDED IN 1819, THE SOLE MISSION OF CENTRE, A NATIONALLY RANKED RESIDENTIAL CO-ED PRIVATE LIBERAL ARTS COLLEGE, IS TO PROVIDE EXCEPTIONAL POST-SECONDARY UNDERGRADUATE EDUCATION TO ITS STUDENTS. WE GUARANTEE THE OPPORTUNITY TO STUDY ABROAD, TO HAVE AN INTERNSHIP, AND TO GRADUATE IN FOUR YEARS. TO DEVELOP A GLOBAL PERSPECTIVE, ABOUT 85 PERCENT OF OUR STUDENTS STUDY ABROAD, WITH CENTRE PROFESSORS, AT LEAST ONCE. COUPLED WITH SMALL CLASSES, HIGH GRADUATION RATES, ENGAGED PROFESSORS, AND REAL-WORLD PREPARATION FOR CAREER, GRADUATES ENJOY A HIGH SUCCESS RATE FOR EMPLOYMENT OR GRADUATE DEGREE ACCEPTANCE.
    Expenses $123,717,956 · grants $52,391,758 · revenue $94,443,786

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990-N on file

IRS record

EIN
61-0444671
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1943
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$704,006,525
Income (IRS master file)
$159,614,344

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$139,089,920$137,751,557$704,006,525IRS
990-TJune 2025–––IRS
990-N for 2023June 30, 2024≤ $50,000 receipts––e-Postcard
990June 2024$122,219,600$136,532,261$672,834,530IRS
990-TJune 2024–––IRS
990June 2023$105,077,497$130,151,264$669,389,150XML
990-TJune 2023–––IRS
990-N for 2022
Officer: William Dickens
December 31, 2022≤ $50,000 receipts––e-Postcard
990June 2022$111,828,380$115,422,258$664,328,460IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0444671).

Questions about CENTRE COLLEGE OF KENTUCKY

What is the EIN of CENTRE COLLEGE OF KENTUCKY?
The employer identification number (EIN) of CENTRE COLLEGE OF KENTUCKY is 61-0444671.
Is CENTRE COLLEGE OF KENTUCKY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.
Are donations to CENTRE COLLEGE OF KENTUCKY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRE COLLEGE OF KENTUCKY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CENTRE COLLEGE OF KENTUCKY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRE COLLEGE OF KENTUCKY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CENTRE COLLEGE OF KENTUCKY?
The 990 for the year ended June 30, 2025 names DR MILTON C MORELAND.
Who are the officers and directors of CENTRE COLLEGE OF KENTUCKY?
The 990 for the year ended June 30, 2025 lists 42 people; 15 received compensation from the organization, the highest $519,977 (MILTON MORELAND, PRESIDENT).
How much revenue does CENTRE COLLEGE OF KENTUCKY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $139,089,920, expenses of $137,751,557 and total assets of $704,006,525 at year end.

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