Nonprofit · EIN 71-0246213
LYON COLLEGE
Also known as LYON COLLEGE SCHOOL OF DENTAL MEDIC
Tax-exempt · BATESVILLE, AR 72501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $52,495,246 | $62,582,016 | -$10,086,770 | $169,953,183 | $155,239,164 | $14,714,019 |
| June 30, 2024 | 990 | $34,339,062 | $62,152,246 | -$27,813,184 | $123,712,110 | $98,823,621 | $24,888,489 |
| June 30, 2023 | 990 | $26,364,334 | $41,936,415 | -$15,572,081 | $107,411,723 | $48,791,636 | $58,620,087 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $21,962,496
- of which government grants
- $6,564,686
- Program service revenue
- $24,972,566
- Investment income
- $4,165,001
- Net rental income
- -$70,918
- Net gain from sales of assets
- $391,211
- Net income from sales of inventory
- $29,793
- Other revenue
- $1,395,183
Expenses
- Grants and similar amounts paid
- $13,483,199
- Compensation of officers, directors and key employees
- $570,668
- Other salaries and wages
- $14,419,561
- Salaries, compensation and benefits (total)
- $17,814,255
- Professional fundraising fees
- $0
- Legal fees
- $93,823
- Accounting fees
- $135,912
- Occupancy
- $733,436
- Travel
- $1,193,051
- Depreciation
- $4,057,832
- Program services (functional)
- $50,339,144
- Management and general (functional)
- $10,134,186
- Fundraising (functional)
- $2,108,686
Balance sheet and other
- Total assets, start of year
- $123,712,110
- Total assets, end of year
- $169,953,183
- Total liabilities, end of year
- $155,239,164
- Net assets, end of year
- $14,714,019
- Land, buildings and equipment
- $47,298,825
- Publicly traded securities
- $12,547,856
- Net assets without donor restrictions
- -$64,095,997
- Net assets with donor restrictions
- $78,810,016
- Gross receipts
- $60,273,235
- Employees
- 580
- Volunteers
- 75
- Year formed
- 1872
- State of legal domicile
- AR
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BURKE SOFFE | DEAN OF DENTAL MEDICINE SCHOOL Highest-paid employee | 40 | $431,321 | $46,833 |
| ELEANOR GREEN | DEAN OF VET MEDICINE SCHOOL Highest-paid employee | 40 | $409,538 | $9,087 |
| MELISSA TAVERNER | PRESIDENT Officer | 40 | $339,073 | $28,693 |
| MARSHALL BUTLER | VP OF BUSINESS AND FINANCE Officer | 40 | $207,000 | $0 |
| ANTHONY K GRAFTON | EXEC. VP FOR ACADEMIC AFFAIRS & PROVOST Highest-paid employee | 40 | $154,084 | $34,017 |
| ASHLEY MOUNTS | ASSOCIATE DEAN OF SCHOOL OF VET MEDICINE Highest-paid employee | 40 | $146,893 | $17,253 |
| REBECCA LE | DIRECTOR OF NURSING Highest-paid employee | 40 | $129,906 | $28,128 |
| JASON EARLEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| VICTOR WERLEY | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| TERRELL KING | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DAVID JONES | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JAMES L RUTHERFORD III | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| WILLIAM BRANCH JR | CLERGY TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| SUZANNE BLAIR | TRUSTEE, SECRETARY/TREASURER FEB.-JUNE Trustee or director, Officer | 0.5 | $0 | $0 |
| BEN BRAINARD | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ISABELLA BEASLEY | YOUNG ALUMNI TRUSTEE Trustee or director | 0.5 | $0 |
| CALLI LONG | YOUNG ALUMNI TRUSTEE Trustee or director | 0.5 | $0 |
| JONATHON THOMPSON | TRUSTEE Trustee or director | 0.5 | $0 |
| JOHN BELLER | VICE CHAIRMAN Trustee or director, Officer | 0.5 | $0 |
| GARY PAXON | TRUSTEE, SECRETARY/TREASURER JULY-FEB. Trustee or director, Officer | 0.5 | $0 |
| RACHEL GOLDEN | ALUMNI TRUSTEE Trustee or director | 0.5 | $0 |
| ENID OLVEY | TRUSTEE Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA TAVERNER | PRESIDENT Officer | 40 | $238,948 | $29,581 |
| BURKE SOFFE | DEAN OF DENTAL MEDICINE SCHOOL Highest-paid employee | 40 | $227,450 | $19,103 |
| ANTHONY K GRAFTON | PROVOST Highest-paid employee | 40 | $127,127 | $31,464 |
| JOSEPH D BOTANA II | VP OF BUSINESS AND FINANCE Officer | 40 | $140,521 | $15,845 |
| A DANELL HETIRCK | VICE PRESIDENT FOR STUDENT LIFE Highest-paid employee | 40 | $103,317 | $29,749 |
| DAVID HUTCHINSON | VICE PRESIDENT FOR ADVANCE Highest-paid employee | 40 | $116,664 | $13,241 |
| BRANNDII PETERSON | EX. DIRECTOR OF TRIO Highest-paid employee | 40 | $104,322 | $15,982 |
| JASON EARLEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| VICTOR WERLEY | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| TERRELL KING | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DAVID JONES | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JAMES L RUTHERFORD III | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| WILLIAM BRANCH JR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| SUZANNE BLAIR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| BEN BRAINARD | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| TAYLOR FITTERLING | YOUNG ALUMNI TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CAMRYN LONG | YOUNG ALUMNI TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JONATHON THOMPSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JOHN BELLER | VICE CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| GARY PAXON | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| MARVIN MCCALMAN | ALUMNI TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ENID OLVEY | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA TAVERNER | PRESIDENT Officer | 40 | $228,297 | $31,784 |
| JOSEPH D BOTANA II | VP OF BUSINESS AND FINANCE Officer | 40 | $155,136 | $16,940 |
| ANTHONY K GRAFTON | PROVOST Highest-paid employee | 40 | $127,127 | $30,124 |
| DAVID HUTCHINSON | VICE PRESIDENT FOR ADVANCE Highest-paid employee | 40 | $116,664 | $13,081 |
| PERRY WILSON | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| VICTOR WERLEY | VICE CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| SCOTT WOOD | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DAVID JONES | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JAMES L RUTHERFORD III | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| WILLIAM BRANCH | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| SUZANNE BLAIR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| BEN BRAINARD | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| TAYLOR FITTERLING | YOUNG ALUMNI TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| HAYLEY CORMICAN | YOUNG ALUMNI TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JONATHON THOMPSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JOHN BELLER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| GARY PAXSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MARVIN MCCALMAN | ALUMNI TRUSTEE Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2300 HIGHLAND RD, BATESVILLE, AR 72501-3629
- Principal officer (990 for 2024)
- MARSHALL BUTLER, 2300 HIGHLAND DRIVE, BATESVILLE, AR 72503
- Signed the 990
- MARSHALL BUTLER, VICE PRESIDENT FOR BUSINESS/FINANCE
- Phone
- (800) 423-2542
- Website
- WWW.LYON.EDU
- Return prepared by
- WILLIAMS-KEEPERS LLC
Mission
LYON COLLEGE OFFERS A LIBERAL ARTS EDUCATION OF SUPERIOR QUALITY IN A PERSONALIZED SETTING. A SELECTIVE, INDEPENDENT, UNDERGRADUATE, RESIDENTIAL TEACHING AND LEARNING COMMUNITY AFFILIATED WITH THE PRESBYTERIAN CHURCH (USA). LYON ENCOURAGES THE FREE INTELLECTUAL INQUIRY ESSENTIAL TO SOCIAL, ETHICAL AND SPIRITUAL GROWTH. WITH A RICH SCHOLARLY AND RELIGIOUS HERITAGE, LYON DEVELOPS, IN A CULTURE OF HONOR, RESPONSIBLE CITIZENS AND LEADERS COMMITTED TO CONTINUED PERSONAL GROWTH AND SERVICE.
Program accomplishments
- INSTRUCTION & OTHER ACADEMIC PROGRAMS AND ACADEMIC SUPPORT - UNDERGRADUATE AND NON-CREDIT CLASSES ARE PROVIDED.Expenses $29,199,875 · revenue $20,858,539
- STUDENT AID AND STUDENT LOANS - SCHOLARSHIPS, WORK STUDY PROGRAMS, AND LOANS ARE MADE AVAILABLE TO ENABLE STUDENTS TO CONTINUE THEIR EDUCATIONS.Expenses $13,483,199 · grants $13,483,199
- AUXILARY ENTERPRISES - HOUSING, FOOD SERVICES, AND BOOKSTORE ACTIVITIES ARE PROVIDED AS A SERVICE TO THOSE ON CAMPUS TO ENHANCE CAMPUS LIFE.Expenses $7,656,070 · revenue $5,550,335
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 71-0246213
- 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
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $169,953,183
- Income (IRS master file)
- $60,273,235
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $52,495,246 | $62,582,016 | $169,953,183 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $34,339,062 | $62,152,246 | $123,712,110 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $26,364,334 | $41,936,415 | $107,411,723 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $33,951,461 | $37,580,960 | $114,547,057 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 71-0246213).
Questions about LYON COLLEGE
- What is the EIN of LYON COLLEGE?
- The employer identification number (EIN) of LYON COLLEGE is 71-0246213.
- Is LYON COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to LYON COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LYON 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 LYON COLLEGE 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 LYON COLLEGE 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 LYON COLLEGE?
- The 990 for the year ended June 30, 2025 names MARSHALL BUTLER.
- Who are the officers and directors of LYON COLLEGE?
- The 990 for the year ended June 30, 2025 lists 22 people; 7 received compensation from the organization, the highest $431,321 (BURKE SOFFE, DEAN OF DENTAL MEDICINE SCHOOL).
- How much revenue does LYON COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $52,495,246, expenses of $62,582,016 and total assets of $169,953,183 at year end.
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- INDEPENDENCE COUNTY LIBRARY FRIENDS FOUNDATION INC EIN 81-5106233 · last filed 990-EZ for 2024
- MYERS-DAVIS FOUNDATION INC EIN 83-4596892 · last filed 990-EZ for 2024
- 02 SCHOLARSHIP FUND INC EIN 81-4049787 · last filed 990-N for 2025
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