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Nonprofit · EIN 64-0303086

MISSISSIPPI COLLEGE

Tax-exempt · CLINTON, MS 39056

Financials

$102.9M$112.2M2022$118.6M$125.9M2023$140.4M$130.4M2024
Revenue Expenses · by fiscal year end
Financials of MISSISSIPPI COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$140,448,605$130,400,343$10,048,262$279,583,852$45,535,788$234,048,064
May 31, 2024990$118,554,281$125,940,713-$7,386,432$273,930,206$47,213,614$226,716,592
May 31, 2023990$102,878,874$112,231,844-$9,352,970$259,728,007$44,656,016$215,071,991
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$13,025,779
of which government grants
$1,109,158
Program service revenue
$110,707,719
Investment income
$16,417,460
Net rental income
$297,647
Net gain from sales of assets
$14,169,802
Other revenue
$297,647

Expenses

Grants and similar amounts paid
$47,765,023
Compensation of officers, directors and key employees
$1,854,124
Other salaries and wages
$32,645,559
Salaries, compensation and benefits (total)
$43,575,455
Professional fundraising fees
$36,000
Legal fees
$53,988
Accounting fees
$136,528
Occupancy
$3,677,284
Travel
$2,138,336
Depreciation
$7,255,003
Program services (functional)
$114,775,075
Management and general (functional)
$13,911,435
Fundraising (functional)
$1,713,833

Balance sheet and other

Total assets, start of year
$273,930,206
Total assets, end of year
$279,583,852
Total liabilities, end of year
$45,535,788
Net assets, end of year
$234,048,064
Land, buildings and equipment
$109,919,619
Publicly traded securities
$41,711,569
Net assets without donor restrictions
$86,810,354
Net assets with donor restrictions
$147,237,710
Gross unrelated business income
$37,226
Gross receipts
$150,735,719
Employees
1,570
Volunteers
50
Year formed
1826
State of legal domicile
MS

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JAMES B THOMPSONPRESIDENT
Officer
40$325,102$65,766
MIKE HIGHFIELDEXEXUTIVE VP, PROVOST
Officer
40$271,613$38,414
JOHN P ANDERSONDEAN LAW SCHOOL
Key employee
40$256,593$47,111
MARCELO L EDUARDODEAN BUSINESS SCHOOL
Key employee
40$220,638$30,858
STANLEY A BALDWINDEAN SCHOOL OF MATH & SCIENCE
Key employee
40$212,054$33,147
WILLIAM R TOWNSENDVP & GENERAL COUNSEL
Officer
40$187,569$27,406
LAURA JACKSONCFO/COO
Officer
40$195,000$13,650
KEITH ELDERPROVOST UNTIL 03/08/2024
Highest-paid employee
40$177,980$4,309
PHILLIP L MCINTOSHFACULTY
Highest-paid employee
40$145,273$35,200
JUDITH JOHNSONFACULTY
Highest-paid employee
40$146,186$17,747
DONALD E CAMPBELLFACULTY
Highest-paid employee
40$146,856$12,578
STEVEN D MULHOLLENFACULTY
Highest-paid employee
40$146,724$10,232
VAN K JONESCHIEF INFORMATION OFFICER
Officer
40$112,692$25,794
AMANDA ALEXANDER-TAYLORTRUSTEE,SECRETARY
Trustee or director, Officer
1$0$0
BILL SONESVICE CHAIRMAN
Trustee or director, Officer
1$0$0
31 more people on this return
NameTitleHours / weekCompensation
JANE HEDERMANSECRETARY till 12/31/2024
Trustee or director, Officer
1$0
RONNIE FALVEYCHAIRMAN
Trustee or director, Officer
1$0
ART STEVENSTRUSTEE
Trustee or director
1$0
BARRY CORBETTTRUSTEE
Trustee or director
1$0
BOB WALLERTRUSTEE
Trustee or director
1$0
CHIP STEVENSTRUSTEE
Trustee or director
1$0
CONG GREGG HARPERTRUSTEE
Trustee or director
1$0
DAVID ELDRIDGETRUSTEE
Trustee or director
1$0
DEBBIE RICETRUSTEE
Trustee or director
1$0
DR BRIAN CRAWFORDTRUSTEE
Trustee or director
1$0
DR CHAD ALTMYERTRUSTEE
Trustee or director
1$0
DR EDDIE DONAHOETRUSTEE
Trustee or director
1$0
DWAYNE PICKETTTRUSTEE
Trustee or director
1$0
GARY WATTSTRUSTEE
Trustee or director
1$0
JEFF HOLLANDTRUSTEE
Trustee or director
1$0
JUDGE TOM LEETRUSTEE
Trustee or director
1$0
KEN WEATHERSBYTRUSTEE
Trustee or director
1$0
LA'VERNE EDNEYTRUSTEE
Trustee or director
1$0
MARJORIE LENOIRTRUSTEE
Trustee or director
1$0
OSCAR MISKELLYTRUSTEE
Trustee or director
1$0
PAUL MOAK JRTRUSTEE
Trustee or director
1$0
PERCY THORNTONTRUSTEE
Trustee or director
1$0
RALPH BARNESTRUSTEE
Trustee or director
1$0
ROBERT WATSONTRUSTEE
Trustee or director
1$0
RONNIE SMITHTRUSTEE
Trustee or director
1$0
ROY FOUNTAINTRUSTEE
Trustee or director
1$0
SUSAN FORTENBERRYTRUSTEE
Trustee or director
1$0
TINA FULCHERTRUSTEE
Trustee or director
1$0
TONY HUFFMANTRUSTEE
Trustee or director
1$0
TONY STRINGERTRUSTEE
Trustee or director
1$0
WALLEY HENRYTRUSTEE
Trustee or director
1$0
990 for the year ended May 31, 2024: 45 people
NameTitleHours / weekCompensationOther / benefits
DR JAMES B THOMPSONPRESIDENT
Officer
40$585,293$49,078
JOHN P ANDERSONDEAN OF LAW SCHOOL
Key employee
40$264,293$39,372
DR KEITH ELDERPROVOST
Key employee
40$272,244$23,741
DR STANLEY A BALDWINDEAN OF SCHOOL MATH & SCIENCE
Key employee
40$219,533$34,067
DR MARCELO L EDUARDODEAN OF BUSINESS SCHOOL
Key employee
40$220,080$30,381
WILLIAM R TOWNSENDVP INSTITUTIONAL ADVANCEMENT
Officer
40$189,569$27,568
LAURA D JACKSONCHIEF FINANCIAL OFFICER
Officer
40$195,000$13,650
DR STEPHEN D MARTINFACULTY
Highest-paid employee
40$144,726$28,729
PHILLIP L MCINTOSHFACULTY
Highest-paid employee
40$132,409$34,432
MIKE HIGHFIELDEXECUTIVE VP AND PROVOST
Officer
40$145,439$16,932
JONATHAN F WILLFACULTY
Highest-paid employee
40$140,726$19,409
JUDITH J JOHNSONFACULTY
Highest-paid employee
40$142,386$17,457
DR JAMES C TURCOTTEVP Special Assistant to President
Officer
40$135,561$22,416
MATTHEW S STEFFEYFACULTY
Highest-paid employee
40$131,823$25,500
DR RONNIE FALVEYCHAIRMAN
Trustee or director, Officer
1$0$0
MR BILL SONESVICE CHAIRMAN
Trustee or director, Officer
1$0$0
MS JANE HEDERMANSECRETARY
Trustee or director, Officer
1$0$0
CONG GREGG HARPERTRUSTEE
Trustee or director
1$0$0
DR BRIAN CRAWFORDTRUSTEE
Trustee or director
1$0$0
DR CHIP STEVENSTRUSTEE
Trustee or director
1$0$0
DR DAVID ELDRIDGETRUSTEE
Trustee or director
1$0$0
DR DWAYNE PICKETTTRUSTEE
Trustee or director
1$0$0
DR EDDIE DONAHOETRUSTEE
Trustee or director
1$0$0
DR JEFF HOLLANDTRUSTEE
Trustee or director
1$0$0
DR MARJORIE LENOIRTRUSTEE
Trustee or director
1$0$0
DR ROBERT WATSONTRUSTEE
Trustee or director
1$0$0
DR SUSAN FORTENBERRYTRUSTEE
Trustee or director
1$0$0
JUDGE TOM LEETRUSTEE
Trustee or director
1$0$0
MR ART STEVENSTRUSTEE
Trustee or director
1$0$0
MR BOB WALLERTRUSTEE
Trustee or director
1$0$0
MR GARY WATTSTRUSTEE
Trustee or director
1$0$0
MR MIKE RICEDIRECTOR
Trustee or director
1$0$0
MR OSCAR MISKELLYTRUSTEE
Trustee or director
1$0$0
MR PAUL MOAK JRTRUSTEE
Trustee or director
1$0$0
MR RALPH BARNESTRUSTEE
Trustee or director
1$0$0
MR RONNIE SMITHTRUSTEE
Trustee or director
1$0$0
MR ROY FOUNTAINTRUSTEE
Trustee or director
1$0$0
MR TONY HUFFMANTRUSTEE
Trustee or director
1$0$0
MR TONY STRINGERTRUSTEE
Trustee or director
1$0$0
MR WALLY HENRYTRUSTEE
Trustee or director
1$0$0
MS AMANDA ALEXANDER-TAYLORTRUSTEE
Trustee or director
1$0$0
MS LAVERNE EDNEYTRUSTEE
Trustee or director
1$0$0
MS TINA FULCHERTRUSTEE
Trustee or director
1$0$0
REV BARRY CORBETTTRUSTEE
Trustee or director
1$0$0
REV HUGH PLUNKETTTRUSTEE
Trustee or director
1$0$0
990 for the year ended May 31, 2023: 42 people
NameTitleHours / weekCompensationOther / benefits
DR BLAKE THOMPSONPRESIDENT
Officer
50$325,602$70,079
DR KEITH ELDERPROVOST
Key employee
50$278,475$23,257
DR STANLEY BALDWINDEAN-SCHOOL OF MATH & SCIENCE
Key employee
50$219,256$33,570
JOHN P ANDERSONDEAN MC LAW SCHOOL
Key employee
50$213,551$32,544
DR MARCELO EDUARDODEAN-SCHOOL OF BUSINESS
Key employee
50$214,607$29,733
WILLIAM R TOWNSENDVICE PRESIDENT & GENERAL COUNS
Officer
50$192,118$25,301
LAURA JACKSONCOO/CFO
Officer
50$195,500$13,685
DEBORAH J CHALLENERFACULTY
Highest-paid employee
50$158,036$33,579
DR WAYNE VAN HORNDEAN-CHRISTIAN STUDIES
Highest-paid employee
50$154,199$26,365
DR STEPHEN D MARTINFACULTY
Highest-paid employee
50$144,252$28,207
PHILLIP MCINTOSHFACULTY
Highest-paid employee
50$137,337$32,480
DR JAMES TURCOTTEVICE PRESIDENT & EXECUTIVE DIR
Officer
50$138,061$22,238
JUDITH JOHNSONFACULTY
Highest-paid employee
50$140,724$16,814
MS AMANDA ALEXANDER-TAYLORTRUSTEE
Trustee or director
1$0$0
DR CHAD ALTMEYERTRUSTEE
Trustee or director
1$0$0
MS LA'VERNE EDNEYTRUSTEE
Trustee or director
1$0$0
DR DAVID ELDRIDGETRUSTEE
Trustee or director
1$0$0
MR TONY HUFFMANTRUSTEE
Trustee or director
1$0$0
DR DWAYNE PICKETTTRUSTEE
Trustee or director
1$0$0
MR MIKE RICETRUSTEE
Trustee or director
1$0$0
DR CHIP STEVENSTRUSTEE
Trustee or director
1$0$0
MR PERCY THORNTONTRUSTEE
Trustee or director
1$0$0
DR KEN WEATHERSBYTRUSTEE
Trustee or director
1$0$0
REV BARRY CORBETTTRUSTEE
Trustee or director
1$0$0
MS TINA FULCHERTRUSTEE
Trustee or director
1$0$0
CONG GREGG HARPERTRUSTEE
Trustee or director
1$0$0
MS JANE HEDERMANTRUSTEE
Trustee or director
1$0$0
DR JEFF HOLLANDTRUSTEE
Trustee or director
1$0$0
JUDGE TOM LEETRUSTEE
Trustee or director
1$0$0
MR PAUL MOAK JRTRUSTEE
Trustee or director
1$0$0
MR RONNIE SMITHTRUSTEE
Trustee or director
1$0$0
DR ROBERT WATSONTRUSTEE
Trustee or director
1$0$0
MR RALPH BARNESTRUSTEE
Trustee or director
1$0$0
DR EDDIE DONAHOETRUSTEE
Trustee or director
1$0$0
DR RONNIE FALVEYTRUSTEE
Trustee or director
1$0$0
MR ROY FOUNTAINTRUSTEE
Trustee or director
1$0$0
DR FRANK GUNNTRUSTEE
Trustee or director
1$0$0
MR OSCAR MISKELLYTRUSTEE
Trustee or director
1$0$0
REV HUGH PLUNKETTTRUSTEE
Trustee or director
1$0$0
MR BILL SONESTRUSTEE
Trustee or director
1$0$0
MR ART STEVENSTRUSTEE
Trustee or director
1$0$0
MR TONY STRINGERTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
200 CAPITOL ST, CLINTON, MS 39056-4026
In care of
% LAURA JACKSON CFO
Principal officer (990 for 2024)
DR BLAKE THOMPSON, PO BOX 4051, CLINTON, MS 39058
Signed the 990
DR BLAKE THOMPSON, PRESIDENT
Phone
(601) 925-3206
Return prepared by
Forvis Mazars LLP

Mission

MISSISSIPPI COLLEGE IS A PRIVATE, CO-EDUCATIONAL, COMPREHENSIVE UNIVERSITY OF LIBERAL ARTS AND SCIENCES AND PROFESSIONAL STUDIES DEDICATED TO THE PURSUIT OF ACADEMIC EXCELLENCE. FOUNDED IN 1826, MISSISSIPPI COLLEGE IS THE OLDEST INSTITUTION OF HIGHER LEARNING AND THE LARGEST PRIVATE UNIVERSITY IN THE STATE OF MISSISSIPPI. (CONTINUED ON SCHEDULE O)

990 for the year ended May 31, 2025

Program accomplishments

  • EDUCATIONAL AND GENERAL EXPENSES: INSTRUCTION IS PROVIDED TO MORE THAN 5,000 STUDENTS WITH UNDERGRADUTATE, GRADUATE AND DOCTORAL PROGRAMS AND DEGREES. THE UNIVERSITY IS COMMITTED TO EXCELLENCE AND INNOVATION IN TEACHING AND LEARNING. TUITION AND FEE REVENUE ARE USED TO PAY SALARIES OF FACULTY AND STAFF AND PROVIDE TEACHING FACILITIES AND NECESSARY SUPPLIES. GRANTS: THE UNIVERSITY AWARDED OVER $47 MILLION IN FINANCIAL AID TO STUDENTS DURING THE 2024-2025 AID YEAR AND MADE OVER $75,000 IN GRANTS TO ORGANIZATIONS THAT SUPPORT STUDENT MINISTRIES ON CAMPUS.
    Expenses $104,786,935 · grants $47,765,023 · revenue $88,198,809
  • AUXILIARY ENTERPRISES: THE UNIVERSITY PROVIDES A NUMBER OF SERVICES THAT SUPPORT LEARNING, BUILD COMMUNITY AND ENHANCE THE OVERALL QUALITY OF STUDENT LIFE. THESE INCLUDE, BUT ARE NOT LIMITED TO, RESIDENTIAL HOUSING, DINING, BOOKSTORE AND MAIL SERVICES.
    Expenses $9,988,140 · revenue $22,508,910

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
64-0303086
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
1947
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$279,583,852
Income (IRS master file)
$150,735,719

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$140,448,605$130,400,343$279,583,852XML
990-TMay 2025–––IRS
990May 2024$118,554,281$125,940,713$273,930,206XML
990-TMay 2024–––IRS
990May 2023$102,878,874$112,231,844$259,728,007XML
990-TMay 2023–––IRS
990May 2022$112,666,102$112,401,865$267,255,610IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990-TMay 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 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 64-0303086).

Questions about MISSISSIPPI COLLEGE

What is the EIN of MISSISSIPPI COLLEGE?
The employer identification number (EIN) of MISSISSIPPI COLLEGE is 64-0303086.
Is MISSISSIPPI COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
Are donations to MISSISSIPPI COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MISSISSIPPI COLLEGE 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 MISSISSIPPI COLLEGE due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MISSISSIPPI COLLEGE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of MISSISSIPPI COLLEGE?
The 990 for the year ended May 31, 2025 names DR BLAKE THOMPSON.
Who are the officers and directors of MISSISSIPPI COLLEGE?
The 990 for the year ended May 31, 2025 lists 46 people; 13 received compensation from the organization, the highest $325,102 (JAMES B THOMPSON, PRESIDENT).
How much revenue does MISSISSIPPI COLLEGE have?
On its 990 for the year ended May 31, 2025 it reported revenue of $140,448,605, expenses of $130,400,343 and total assets of $279,583,852 at year end.

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