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Nonprofit · EIN 61-0470593

UNIVERSITY OF THE CUMBERLANDS INC

Tax-exempt · WILLIAMSBURG, KY 40769

Financials

$177.5M$131.3M2022$239.6M$153.6M2023$229.5M$179.6M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF THE CUMBERLANDS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$229,487,179$179,649,717$49,837,462$729,526,178$39,042,364$690,483,814
June 30, 2024990$239,581,568$153,644,055$85,937,513$644,884,952$34,835,387$610,049,565
June 30, 2023990$177,508,210$131,340,284$46,167,926$550,041,021$35,741,098$514,299,923
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,573,273
Program service revenue
$208,403,979
Investment income
$14,878,672
Net rental income
$346,026
Net gain from sales of assets
$3,999,391
Other revenue
$631,255

Expenses

Grants and similar amounts paid
$16,899,878
Compensation of officers, directors and key employees
$3,474,563
Other salaries and wages
$66,601,508
Salaries, compensation and benefits (total)
$84,111,999
Professional fundraising fees
$0
Occupancy
$2,757,412
Travel
$3,404,959
Depreciation
$8,001,990
Program services (functional)
$168,598,374
Management and general (functional)
$9,182,574
Fundraising (functional)
$1,868,769

Balance sheet and other

Total assets, start of year
$644,884,952
Total assets, end of year
$729,526,178
Total liabilities, end of year
$39,042,364
Net assets, end of year
$690,483,814
Land, buildings and equipment
$143,624,166
Net assets without donor restrictions
$569,363,064
Net assets with donor restrictions
$121,120,750
Gross receipts
$229,487,179
Employees
2,457
Volunteers
2,390
Year formed
1889
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
DR LARRY COCKRUMPRESIDENT/CHIEF EXECUTIVE
Officer
40$1,920,978$53,845
DR JERRY JACKSONCHANCELLOR
Highest-paid employee
40$273,378$20,172
DR QUENTIN YOUNGEXECUTIVE VP FINANCE/CFO
Officer
40$250,204$35,717
DR JONATHAN SHORES JREXECUTIVE VP ENROLLMENT
Highest-paid employee
40$239,789$25,922
DR CHRIS LESKIWASSOC PROVOST ACADEMIC AFFAIRS
Highest-paid employee
40$222,364$31,483
DR DONNIE GRIMESEXECUTIVE VP WORKFORCE DEV
Highest-paid employee
40$223,742$22,949
MR DAVID LEWISTRUSTEE
Trustee or director
1$0$0
DR JOHN MARK TOBYTRUSTEE
Trustee or director
1$0$0
MR BILL GULLETTTRUSTEE
Trustee or director
1$0$0
MRS LORI LEWISSECRETARY
Trustee or director, Officer
1$0$0
MRS COOKIE HENSONTRUSTEE
Trustee or director
1$0$0
MR MICHAEL MOUNTJOYTRUSTEE
Trustee or director
1$0$0
MR PHILLIP ARMSTRONGTRUSTEE
Trustee or director
1$0$0
DR TONY HANCOCKTRUSTEE
Trustee or director
1$0$0
DR JOSEPH JOE ELLISONVICE CHAIR
Trustee or director, Officer
1$0$0
13 more people on this return
NameTitleHours / weekCompensation
DR FRENCH HARMONTRUSTEE
Trustee or director
1$0
MS AMANDA WALTONTRUSTEE
Trustee or director
1$0
DR CONNIE HAUSERTRUSTEE
Trustee or director
1$0
DR CHARLES DYETRUSTEE
Trustee or director
1$0
DR MARION FORCHTTRUSTEE
Trustee or director
1$0
MR RUFUS FRIDAYTRUSTEE
Trustee or director
1$0
MR DAVID KNOCKTRUSTEE
Trustee or director
1$0
MR LEE BRYANTTRUSTEE
Trustee or director
1$0
MR LARRY BRANDSTETTERTRUSTEE
Trustee or director
1$0
MR DONNIE PATRICKTRUSTEE
Trustee or director
1$0
MR SCOTT THOMPSONCHAIR
Trustee or director, Officer
5$0
MR WINSTON GRIFFINTRUSTEE
Trustee or director
1$0
MR JOHN STEWARTTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
DR LARRY COCKRUMPRESIDENT/CHIEF EXECUTIVE
Officer
40$1,795,495$54,538
DR JERRY JACKSONCHANCELLOR
Highest-paid employee
40$259,776$18,359
DR JONATHAN SHORES JREXECUTIVE VP ENROLLMENT
Highest-paid employee
40$216,226$33,486
DR QUENTIN YOUNGEXECUTIVE VP FINANCE/CFO
Officer
40$209,887$33,271
DR TREY JARBOEVP ACADEMIC AFFAIRS
Highest-paid employee
40$206,509$30,843
DR JENNIFER SIMPSONVP ACADEMIC COMPLIANCE
Highest-paid employee
40$210,076$20,443
MR DAVID LEWISTRUSTEE
Trustee or director
1$0$0
DR JOHN MARK TOBYTRUSTEE
Trustee or director
1$0$0
MR BILL GULLETTTRUSTEE
Trustee or director
1$0$0
MRS LORI LEWISSECRETARY
Trustee or director, Officer
1$0$0
MR FRANKLIN GREENETRUSTEE
Trustee or director
1$0$0
MRS COOKIE HENSONTRUSTEE
Trustee or director
1$0$0
MR MICHAEL MOUNTJOYTRUSTEE
Trustee or director
1$0$0
MR PHILLIP ARMSTRONGTRUSTEE
Trustee or director
1$0$0
DR TONY HANCOCKTRUSTEE
Trustee or director
1$0$0
DR JOSEPH JOE ELLISONVICE CHAIR
Trustee or director, Officer
1$0$0
DR FRENCH HARMONTRUSTEE
Trustee or director
1$0$0
MS AMANDA WALTONTRUSTEE
Trustee or director
1$0$0
DR CONNIE HAUSERTRUSTEE
Trustee or director
1$0$0
DR CHARLES DYETRUSTEE
Trustee or director
1$0$0
DR OLIVER KEITH GANNONTRUSTEE
Trustee or director
1$0$0
DR MARION FORCHTTRUSTEE
Trustee or director
1$0$0
MR RUFUS FRIDAYTRUSTEE
Trustee or director
1$0$0
MR DAVID KNOCKTRUSTEE
Trustee or director
1$0$0
MR LEE BRYANTTRUSTEE
Trustee or director
1$0$0
MR LARRY BRANDSTETTERTRUSTEE
Trustee or director
1$0$0
MR DONNIE PATRICKTRUSTEE
Trustee or director
1$0$0
MR SCOTT THOMPSONCHAIR
Trustee or director, Officer
5$0$0
MR WINSTON GRIFFINTRUSTEE
Trustee or director
1$0$0
MR JOHN STEWARTTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
DR LARRY COCKRUMPRESIDENT/CHIEF EXECUTIVE OFFICER
Officer
40$1,655,663$45,562
DR QUENTIN YOUNGEXECUTIVE VP FINANCE/CFO
Officer
40$213,285$26,200
DR JERRY JACKSONEXECUTIVE VP ENROLLMENT
Highest-paid employee
40$220,082$14,179
DR EMILY COLEMANDIRECTOR OF THE LEARNING C
Highest-paid employee
40$204,828$16,248
DR TREY JARBOEVP ACADEMIC AFFAIRS
Highest-paid employee
40$178,825$23,294
DR DONNIE GRIMESEXECUTIVE VP INFORMATION T
Highest-paid employee
40$174,290$25,197
DAVID LEWISTRUSTEE
Trustee or director
1$0$0
DR JOHN MARK TOBYTRUSTEE
Trustee or director
1$0$0
BILL GULLETTTRUSTEE
Trustee or director
1$0$0
LORI LEWISSECRETARY
Trustee or director, Officer
1$0$0
FRANKLIN GREENETRUSTEE
Trustee or director
1$0$0
COOKIE HENSONTRUSTEE
Trustee or director
1$0$0
MICHAEL MOUNTJOYTRUSTEE
Trustee or director
1$0$0
PHILLIP ARMSTRONGTRUSTEE
Trustee or director
1$0$0
DR TONY HANCOCKTRUSTEE
Trustee or director
1$0$0
JOE ELLISONTRUSTEE
Trustee or director
1$0$0
DR FRENCH HARMONTRUSTEE
Trustee or director
1$0$0
AMANDA WALTONTRUSTEE
Trustee or director
1$0$0
DR CONNIE HAUSERTRUSTEE
Trustee or director
1$0$0
DR CHARLES DYETRUSTEE
Trustee or director
1$0$0
DR OLIVER KEITH GANNONTRUSTEE
Trustee or director
1$0$0
DR MARION FORCHTTRUSTEE
Trustee or director
1$0$0
RUFUS FRIDAYTRUSTEE
Trustee or director
1$0$0
DAVID KNOCKTRUSTEE
Trustee or director
1$0$0
LEE BRYANTTRUSTEE
Trustee or director
1$0$0
LARRY BRANDSTETTERTRUSTEE
Trustee or director
1$0$0
DONNIE PATRICKTRUSTEE
Trustee or director
1$0$0
GEORGETTA GANNONTRUSTEE
Trustee or director
1$0$0
SCOTT THOMPSONVICE CHAIR
Trustee or director, Officer
5$0$0
WINSTON GRIFFINTRUSTEE
Trustee or director
1$0$0
JOHN STEWARTTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
6190 COLLEGE STATION DR, WILLIAMSBURG, KY 40769-1372
Principal officer (990 for 2024)
CHRIS SHOTWELL, 6180 COLLEGE STATION DRIVE, WILLIAMSBURG, KY 40769
Signed the 990
CHRIS SHOTWELL, CFO
Phone
(606) 549-2200
Return prepared by
BLACKBURN CHILDERS & STEAGALL PLC

Mission

OUR MISSION IS TO PROVIDE A QUALITY, AFFORDABLE EDUCATION TO STUDENTS FROM ALL BACKGROUNDS THROUGH BROAD-BASED ACADEMICS. THE INSTITUTION IS GROUNDED IN CHRISTIAN PRINCIPLES AND LEADERSHIP THROUGH SERVICE.

990 for the year ended June 30, 2025

Program accomplishments

  • THE UNIVERSITY PROVIDES EXCEPTIONAL EDUCATIONAL SERVICES IN A PRIVATE BAPTIST UNIVERSITY ENVIRONMENT TO STUDENTS AT LESS THAN THE AGGREGATE COST OF THESE SERVICES. SUCH ACTIVITY IS THE PRIMARY PURPOSE FOR WHICH THE UNIVERSITY WAS FORMED. ATHLETICS, SALES, AND AUXILIARY INCOME IS ALSO AN ESSENTIAL COMPONENT OF THE UNIVERSITY'S PRIMARY EXEMPT PURPOSE OF PROVIDING QUALITY EDUCATIONAL SERVICE.
    Expenses $168,598,374 · grants $16,899,878 · revenue $208,689,208

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 on file

IRS record

EIN
61-0470593
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
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$729,526,178
Income (IRS master file)
$229,487,179

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$229,487,179$179,649,717$729,526,178IRS
990June 2024$239,581,568$153,644,055$644,884,952IRS
990June 2023$177,508,210$131,340,284$550,041,021XML
990June 2022$181,639,633$121,871,243$483,181,761IRS
990June 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 61-0470593).

Questions about UNIVERSITY OF THE CUMBERLANDS INC

What is the EIN of UNIVERSITY OF THE CUMBERLANDS INC?
The employer identification number (EIN) of UNIVERSITY OF THE CUMBERLANDS INC is 61-0470593.
Is UNIVERSITY OF THE CUMBERLANDS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to UNIVERSITY OF THE CUMBERLANDS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF THE CUMBERLANDS INC 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 UNIVERSITY OF THE CUMBERLANDS INC 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 UNIVERSITY OF THE CUMBERLANDS INC 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 UNIVERSITY OF THE CUMBERLANDS INC?
The 990 for the year ended June 30, 2025 names CHRIS SHOTWELL.
Who are the officers and directors of UNIVERSITY OF THE CUMBERLANDS INC?
The 990 for the year ended June 30, 2025 lists 28 people; 6 received compensation from the organization, the highest $1,920,978 (DR LARRY COCKRUM, PRESIDENT/CHIEF EXECUTIVE).
How much revenue does UNIVERSITY OF THE CUMBERLANDS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $229,487,179, expenses of $179,649,717 and total assets of $729,526,178 at year end.

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