Nonprofit · EIN 62-0545618
MEMPHIS UNIVERSITY SCHOOL
Tax-exempt · MEMPHIS, TN 38119
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $35,299,588 | $22,856,945 | $12,442,643 | $106,872,973 | $18,984,619 | $87,888,354 |
| July 31, 2024 | 990 | $36,356,097 | $21,872,106 | $14,483,991 | $94,403,933 | $19,375,360 | $75,028,573 |
| July 31, 2023 | 990 | $26,867,996 | $21,233,473 | $5,634,523 | $77,535,036 | $19,666,556 | $57,868,480 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $17,811,572
- Program service revenue
- $15,961,873
- Investment income
- $1,489,397
- Net rental income
- $85,724
- Net gain from sales of assets
- $710,796
- Net income from sales of inventory
- -$50,127
- Other revenue
- $36,746
Expenses
- Grants and similar amounts paid
- $2,957,741
- Compensation of officers, directors and key employees
- $845,317
- Other salaries and wages
- $10,110,819
- Salaries, compensation and benefits (total)
- $13,676,959
- Professional fundraising fees
- $0
- Legal fees
- $312,261
- Accounting fees
- $54,555
- Occupancy
- $608,128
- Depreciation
- $1,844,501
- Program services (functional)
- $17,134,330
- Management and general (functional)
- $4,497,304
- Fundraising (functional)
- $1,225,311
Balance sheet and other
- Total assets, start of year
- $94,403,933
- Total assets, end of year
- $106,872,973
- Total liabilities, end of year
- $18,984,619
- Net assets, end of year
- $87,888,354
- Land, buildings and equipment
- $21,759,019
- Publicly traded securities
- $24,914,645
- Net assets without donor restrictions
- $39,269,567
- Net assets with donor restrictions
- $48,618,787
- Gross unrelated business income
- $4,568
- Gross receipts
- $40,665,370
- Employees
- 142
- Volunteers
- 25
- Year formed
- 1955
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER D SANDERS | Headmaster Officer | 40 | $347,521 | $24,740 |
| RANKIN FOWLKES | Dir of Business Operations Officer | 40 | $189,102 | $16,819 |
| McKee Humphreys | Assoc. Headmaster, Head Lower School Highest-paid employee | 40 | $166,144 | $15,671 |
| PERRY DEMENT | Dir of Advancement Key employee | 40 | $164,025 | $15,565 |
| Zachary Hansen | Upper School Principal Highest-paid employee | 40 | $142,374 | $14,483 |
| Jenny Byers | Director of College Counseling Highest-paid employee | 40 | $129,048 | $13,816 |
| John Simi | Director of IT Highest-paid employee | 40 | $108,742 | $12,801 |
| Loyal Murphy | Instructor of Mathematics Highest-paid employee | 40 | $108,114 | $12,770 |
| D STEPHEN MORROW | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| FREDERICK C SCHAEFFER JR | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| GLENN A CROSBY II | Vice-Chairman Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM V THOMPSON | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| ANDREW F CATES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRANDON K ARRINDELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| J BRETT GRINDER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES F BURNETT | BOARD MEMBER Trustee or director | 2 | $0 |
| JAMES H BARTON JR | BOARD MEMBER Trustee or director | 2 | $0 |
| JEFFREY B MESKIN | BOARD MEMBER Trustee or director | 2 | $0 |
| JENNIFER R RANSOM | BOARD MEMBER Trustee or director | 2 | $0 |
| JOSEPH M MORRISON | BOARD MEMBER Trustee or director | 2 | $0 |
| MARGARET C MCLEAN | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK J HALPERIN | BOARD MEMBER Trustee or director | 2 | $0 |
| P TROWBRIDGE GILLESPIE JR | BOARD MEMBER Trustee or director | 2 | $0 |
| PHILIP S WUNDERLICH | BOARD MEMBER Trustee or director | 2 | $0 |
| R EARL BLANKENSHIP | BOARD MEMBER Trustee or director | 2 | $0 |
| RICHARD C MOORE III | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT J HUSSEY | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBERT M FOCKLER | BOARD MEMBER Trustee or director | 2 | $0 |
| W THOMAS HUTTON JR | BOARD MEMBER Trustee or director | 2 | $0 |
| WILLIAM B DUNAVANT III | BOARD MEMBER Trustee or director | 2 | $0 |
| William B Townsend | BOARD MEMBER Trustee or director | 2 | $0 |
| WILLIAM E ORGEL | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended July 31, 2024: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER D SANDERS | HEADMASTER Officer | 40 | $362,225 | $24,947 |
| RANKIN FOWLKES | DIRECTOR OF BUSINESS OPERATIONS Officer | 40 | $183,255 | $15,999 |
| PERRY DEMENT | DIRECTOR OF ADVANCEMENT Key employee | 40 | $171,247 | $15,398 |
| MCKEE HUMPHREYS | Assistant Headmaster and Interim Lower School Head Highest-paid employee | 40 | $164,433 | $15,058 |
| BOBBY ALSTON | DIRECTOR OF ATHLETICS Highest-paid employee | 40 | $162,805 | $14,976 |
| ZACHARY HANSEN | DIRECTOR OF COLLEGE COUNSELING Highest-paid employee | 40 | $133,955 | $13,534 |
| WILLIAM RAY | UPPER SCHOOL PRINCIPAL Highest-paid employee | 40 | $131,125 | $13,392 |
| JENNY BYERS | DIR. COLLEGE COUNSELING/STUDENT PROG Highest-paid employee | 40 | $130,355 | $13,354 |
| ANDREW F CATES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRANDON K ARRINDELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHRIS R SANDERS | SECRETARY Trustee or director | 2 | $0 | $0 |
| D STEPHEN MORROW | TREASURER Trustee or director | 2 | $0 | $0 |
| FREDERICK C SCHAEFFER JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| GLENN A CROSBY II | VICE-CHAIRMAN Trustee or director | 2 | $0 | $0 |
| J BRETT GRINDER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES F BURNETT | CHAIRMAN Trustee or director | 2 | $0 | $0 |
| JAMES H BARTON JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEFFREY B MESKIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JENNIFER R RANSOM | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOSEPH M MORRISON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARGARET C MCLEAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK J HALPERIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| P TROWBRIDGE GILLESPIE JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PHILIP S WUNDERLICH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| R EARL BLANKENSHIP | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RICHARD C MOORE III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT J HUSSEY III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT M FOCKLER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| W THOMAS HUTTON JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILEY T ROBINSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILLIAM B DUNAVANT III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILLIAM E ORGEL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILLIAM V THOMPSON III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended July 31, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER D SANDERS | HEADMASTER Officer | 40 | $349,093 | $24,039 |
| RANKIN FOWLKES | DIRECTOR OF BUSINESS OPERATIONS Officer | 40 | $181,635 | $15,666 |
| PERRY DEMENT | DIRECTOR OF ADVANCEMENT Key employee | 40 | $164,556 | $14,812 |
| BOBBY ALSTON | DIRECTOR OF ATHLETICS Highest-paid employee | 40 | $156,594 | $14,414 |
| ZACHARY HANSEN | DIRECTOR OF COLLEGE COUNSELING Highest-paid employee | 40 | $129,328 | $13,050 |
| WILLIAM RAY | UPPER SCHOOL PRINCIPAL Highest-paid employee | 40 | $127,848 | $12,976 |
| JENNY BYERS | DIR. COLLEGE COUNSELING/STUDENT PROG. Highest-paid employee | 40 | $125,968 | $12,882 |
| PHILLIP EIKNER | DEAN OF ACADEMICS Highest-paid employee | 40 | $121,261 | $12,647 |
| JAMES F BURNETT | CHAIRMAN Trustee or director | 2 | $0 | $0 |
| GLENN A CROSBY II | VICE-CHAIRMAN Trustee or director | 2 | $0 | $0 |
| CHRIS R SANDERS | SECRETARY Trustee or director | 2 | $0 | $0 |
| D STEPHEN MORROW | TREASURER Trustee or director | 2 | $0 | $0 |
| BRANDON K ARRINDELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES H BARTON JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| R EARL BLANKENSHIP | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANDREW F CATES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILLIAM B DUNAVANT III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT M FOCKLER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| P TROWBRIDGE GILLESPIE JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| J BRETT GRINDER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK J HALPERIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT J HUSSEY III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| W THOMAS HUTTON JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARGARET C MCLEAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEFFREY B MESKIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RICHARD C MOORE III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOSEPH M MORRISON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILLIAM E ORGEL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JENNIFER R RANSOM | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILEY T ROBINSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| FREDERICK C SCHAEFFER JR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WILLIAM V THOMPSON III | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PHILIP S WUNDERLICH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6191 PARK AVE, MEMPHIS, TN 38119-5305
- Principal officer (990 for 2024)
- RANKIN FOWLKES, 6191 PARK AVENUE, MEMPHIS, TN 38119
- Signed the 990
- RANKIN FOWLKES, CFO
- Phone
- (901) 260-1300
- Website
- WWW.MUSOWLS.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
MEMPHIS UNIVERSITY SCHOOL IS A COLLEGE-PREPARATORY SCHOOL DEDICATED TO ACADEMIC EXCELLENCE, CULTIVATION OF SERVICE AND LEADERSHIP, AND THE DEVELOPMENT OF WELL-ROUNDED YOUNG MEN OF STRONG MORAL CHARACTER, CONSISTENT WITH THE SCHOOL'S CHRISTIAN TRADITION.
Program accomplishments
- EDUCATION GRADES 7-12 APPROXIMATELY 603 STUDENTSExpenses $14,695,006 · grants $518,417 · revenue $15,558,424
- FINANCIAL AID FOR STUDENTS IN GRADES 7-12 APPROXIMATELY 189 STUDENTSExpenses $2,439,324 · grants $2,439,324
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 62-0545618
- 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
- 1957
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $106,872,973
- Income (IRS master file)
- $40,665,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $35,299,588 | $22,856,945 | $106,872,973 | XML |
| 990-T | July 2025 | – | – | – | IRS |
| 990 | July 2024 | $36,356,097 | $21,872,106 | $94,403,933 | XML |
| 990-T | July 2024 | – | – | – | IRS |
| 990 | July 2023 | $26,867,996 | $21,233,473 | $77,535,036 | XML |
| 990 | July 2022 | $22,467,122 | $20,311,576 | $70,155,448 | IRS |
| 990-T | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990-T | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 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 62-0545618).
Questions about MEMPHIS UNIVERSITY SCHOOL
- What is the EIN of MEMPHIS UNIVERSITY SCHOOL?
- The employer identification number (EIN) of MEMPHIS UNIVERSITY SCHOOL is 62-0545618.
- Is MEMPHIS UNIVERSITY SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to MEMPHIS UNIVERSITY SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMPHIS UNIVERSITY SCHOOL 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 MEMPHIS UNIVERSITY SCHOOL due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEMPHIS UNIVERSITY SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of MEMPHIS UNIVERSITY SCHOOL?
- The 990 for the year ended July 31, 2025 names RANKIN FOWLKES.
- Who are the officers and directors of MEMPHIS UNIVERSITY SCHOOL?
- The 990 for the year ended July 31, 2025 lists 32 people; 8 received compensation from the organization, the highest $347,521 (PETER D SANDERS, Headmaster).
- How much revenue does MEMPHIS UNIVERSITY SCHOOL have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $35,299,588, expenses of $22,856,945 and total assets of $106,872,973 at year end.
Other nonprofits in MEMPHIS
- AUXILIARY SERVICES FOUNDATION EIN 47-2335297 · last filed 990 for 2025
- RHODES COLLEGE EIN 62-0476301 · last filed 990 for 2025
- CHRISTIAN BROTHERS UNIVERSITY EIN 62-0476666 · last filed 990 for 2025
- UNIVERSITY OF MEMPHIS FOUNDATION EIN 62-6048540 · last filed 990 for 2025
- GESTALT COMMUNITY SCHOOLS EIN 26-2794676 · last filed 990 for 2025
- BAPTIST MEMORIAL COLLEGE OF HEALTH SCIENCES INC EIN 62-1599670 · last filed 990 for 2025
- IOTA COMMUNITY SCHOOLS EIN 47-0970499 · last filed 990 for 2025
- HUTCHISON SCHOOL EIN 62-0540400 · last filed 990 for 2025