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Nonprofit · EIN 62-0695507

MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION

Tax-exempt · MURFREESBORO, TN 37132

Financials

$28.4M$21.1M2023$29.5M$22.1M2024
Revenue Expenses · by fiscal year end
Financials of MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$29,458,163$22,139,213$7,318,950$155,504,448$210,382$155,294,066
June 30, 2024990$28,381,920$21,078,026$7,303,894$151,045,649$3,070,533$147,975,116
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$18,871,613
of which government grants
$52,500
Program service revenue
$0
Investment income
$10,560,447
Net gain from sales of assets
-$5,000
Other revenue
$26,103

Expenses

Grants and similar amounts paid
$3,749,242
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$213,186
Depreciation
$18,135
Program services (functional)
$18,652,369
Management and general (functional)
$2,946,380
Fundraising (functional)
$540,464

Balance sheet and other

Total assets, start of year
$151,045,649
Total assets, end of year
$155,504,448
Total liabilities, end of year
$210,382
Net assets, end of year
$155,294,066
Land, buildings and equipment
$640,101
Publicly traded securities
$107,871,428
Net assets without donor restrictions
$12,553,978
Net assets with donor restrictions
$142,740,088
Gross receipts
$29,473,163
Employees
0
Volunteers
25
Year formed
1961
State of legal domicile
TN

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 / weekCompensationFrom related orgs
William BalesVice President University Advancement
Key employee, Highest-paid employee
37.5$0$256,070
Mark ClarkExecutive Director Development
Key employee, Highest-paid employee
0$0$145,921
Ronda VaughterAssistant VP University Advancement
Key employee, Highest-paid employee
0$0$122,838
Brian KiddPresident
Trustee or director, Officer
0$0$0
John WardVice President
Trustee or director, Officer
0$0$0
Judy PowellSecretary
Trustee or director, Officer
0$0$0
Ramsey HassanTreasurer
Trustee or director, Officer
0$0$0
Brad AllenTrustee
Trustee or director
0$0$0
Jill AustinTrustee
Trustee or director
0$0$0
Beth BrownTrustee
Trustee or director
0$0$0
Jim CalderTrustee
Trustee or director
0$0$0
John CaprianoTrustee
Trustee or director
0$0$0
Mike GainesTrustee
Trustee or director
0$0$0
Rebecaa Yates Young HarrisTrustee
Trustee or director
0$0$0
Raiko HendersonTrustee
Trustee or director
0$0$0
11 more people on this return
NameTitleHours / weekCompensation
Richard LewisTrustee
Trustee or director
0$0
Chris LynchTrustee
Trustee or director
0$0
Bill MarbetTrustee
Trustee or director
0$0
Shane McFarlandTrustee
Trustee or director
0$0
Uma NarayananTrustee
Trustee or director
0$0
Beth O'BrienTrustee
Trustee or director
0$0
Rickey SmithTrustee
Trustee or director
0$0
Joe SteakleyTrustee
Trustee or director
0$0
Mike UsseryTrustee
Trustee or director
0$0
Hanna WitherspoonTrustee
Trustee or director
0$0
Luther Wright JrTrustee
Trustee or director
0$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationFrom related orgs
William BalesVice President - Advancement
Highest-paid employee
55$0$247,000
Mark ClarkExecutive Director - Development
Highest-paid employee
37.5$0$141,943
Ronda VaughterAssistant VP - Advancement
Highest-paid employee
37.5$0$113,831
Brad AllenTrustee
Trustee or director
0$0$0
Beth BrownTrustee
Trustee or director
0$0$0
Mike GainesTrustee
Trustee or director
0$0$0
Wayne GroceTrustee
Trustee or director
0$0$0
Ramsey HassanTrustee
Trustee or director
0$0$0
Raiko HendersonTrustee
Trustee or director
0$0$0
Sonya Adams LeemanTrustee
Trustee or director
0$0$0
Chris LynchTrustee
Trustee or director
0$0$0
Shane McFarlandTrustee
Trustee or director
0$0$0
Judy PowellTrustee
Trustee or director
0$0$0
Michael J SmithTrustee
Trustee or director
0$0$0
Mike UsseryTrustee
Trustee or director
0$0$0
John WardTrustee
Trustee or director
0$0$0
Hanna WitherspoonTrustee
Trustee or director
0$0$0
Luther WrightTrustee
Trustee or director
0$0$0
Ronald RobertsPresident
Trustee or director, Officer
0$0$0
Brian KiddVice President
Trustee or director, Officer
0$0$0
Richard LewisSecretaray
Trustee or director, Officer
0$0$0
Jill AustinTreasurer
Trustee or director, Officer
0$0$0
Rebecca Yates Young HarrisTrustee
Trustee or director
0$0$0
Bill MarbetTrustee
Trustee or director
0$0$0
Beth O'BrienTrustee
Trustee or director
0$0$0
Joe SteakleyTrustee
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
WOOD STEGALL MTSU BOX 109, MURFREESBORO, TN 37132-0001
In care of
% RONALD ROBERTS
Principal officer (990 for 2024)
Brian F Kidd, WOOD STEGALL MTSU BOX 109, MURFREESBORO, TN 37132
Signed the 990
Nancy M Martin, Director Foundation Accounting
Phone
(615) 494-7675

Mission

Fundraising for educational and related support of Middle Tennessee State University

990 for the year ended June 30, 2025

Program accomplishments

  • For the fiscal year ended June 30 2025 the Foundation raised $18,871,613 in contributions and disbursed in program expenses $18,652,369 including $3,749,242 inscholarships and awards.
    Expenses $18,652,369 · grants $3,749,424 · revenue $18,871,613

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
62-0695507
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1963
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$155,504,448
Income (IRS master file)
$29,473,163

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$29,458,163$22,139,213$155,504,448IRS
990June 2024$28,381,920$21,078,026$151,045,649XML
990June 2023$39,164,169$15,326,451$142,050,773IRS
990June 2022$16,471,509$11,090,487$117,999,587IRS
990June 2021–––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 62-0695507).

Questions about MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION

What is the EIN of MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION?
The employer identification number (EIN) of MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION is 62-0695507.
Is MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Are donations to MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION 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 MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION 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 MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION 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 MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names Brian F Kidd.
Who are the officers and directors of MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 26 people; 0 received compensation from the organization.
How much revenue does MIDDLE TENNESSEE STATE UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $29,458,163, expenses of $22,139,213 and total assets of $155,504,448 at year end.

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