Belmont University: $454.0M Revenue, $405.7M Expenses
Nashville, Tennessee · EIN 620465076 · Filing year 2023
Belmont University reported $454.0M in total revenue, $405.7M in total expenses, and $1.6B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $7.6M (1.68% of revenue). NonprofitTruth efficiency grade: C (54/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $454.0M
- Total Expenses
- $405.7M
- Total Assets
- $1.6B
- Reserve Months
- 46.3 months
- Surplus / (Deficit)
- $48.3M
- EIN
- 620465076
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $7.6M
- Officer Comp % of Revenue
- 1.68%
The composite efficiency score of 54/100 puts Belmont University at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).
Belmont University is a large nonprofit by U.S. standards: $454.0M in 2023 revenue against $405.7M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Reserves are the limiting factor: Belmont University carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.
Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Belmont University reports $7.6M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $454.0M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Belmont University sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How Belmont University Compares
Belmont University earns a NonprofitTruth efficiency grade of C (54/100). That is 10 points below the Education category average. Compensation for current officers and key employees represents 1.68% of total revenue. The organization holds 46.3 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Belmont University reported $454.0M in revenue against $405.7M in total functional expenses for filing year 2023, holding roughly 46.3 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $7.6M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.68% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Belmont University has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Belmont University, Donor FAQ
Belmont University has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Belmont University reports $7.6M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.68% of the organization's $454.0M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Belmont University reported $454.0M in annual revenue and $405.7M in total expenses for filing year 2023. The organization holds $1.6B in total assets.
Belmont University holds approximately 46.3 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.
Belmont University is a registered 501(c) organization with EIN 620465076, based in Nashville, Tennessee. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.