MISSISSIPPI COLLEGE Charity Report

Public IRS 990 nonprofit record

MISSISSIPPI COLLEGE

EIN 64-0303086 · Education (B420)

What they do

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)

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders46 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.72%of revenue went to mission work88.0% of expenses · Program services

1.22%of revenue went to fundraising1.3% of expenses

$92.85spent for every $100 of revenueRevenue covered expenses this year.

9.91%of revenue went to management and office costs10.7% of expenses

$2.14in assets for every $1 spent this yearSome assets cannot be spent right away.

9.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $390,868 for JAMES B THOMPSON (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$140,448,605

Mission workProgram services$114,775,07581.72% of revenue88.0% of expenses

ManagementOffice and general costs$13,911,4359.91% of revenue10.7% of expenses

FundraisingAsking for donations$1,713,8331.22% of revenue1.3% of expenses

Revenue left after expensesReported annual surplus$10,048,2627.15% of revenueShown in gray on the chart

Total expenses$130,400,34392.85% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.0% mission · 10.7% management · 1.3% fundraisingTotal expenses: 92.85% of revenue

2023Expense mix: 86.5% mission · 12.1% management · 1.3% fundraisingTotal expenses: 106.23% of revenue

2022Expense mix: 85.4% mission · 13.1% management · 1.5% fundraisingTotal expenses: 109.09% of revenue

2021Expense mix: 79.7% mission · 19.0% management · 1.3% fundraisingTotal expenses: 99.77% of revenue

2020Expense mix: 79.8% mission · 19.3% management · 0.9% fundraisingTotal expenses: 99.37% of revenue

2019Expense mix: 87.5% mission · 11.5% management · 1.0% fundraisingTotal expenses: 101.49% of revenue

2018Expense mix: 87.6% mission · 11.6% management · 0.9% fundraisingTotal expenses: 98.84% of revenue

2017Expense mix: 87.6% mission · 11.5% management · 0.9% fundraisingTotal expenses: 94.19% of revenue

Money in and money out

Revenue$140,448,605

Expenses$130,400,343

Annual surplus $10,048,262 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$114,775,075 · 88.0% of expenses

Management and office costs$13,911,435 · 10.7% of expenses

Fundraising$1,713,833 · 1.3% of expenses

See all reported dollar amounts

Revenue$140,448,605

Expenses$130,400,343

Assets$279,583,852

Income$150,735,719

Contributions$13,025,779

Mission work (program services)$114,775,075

Fundraising$1,713,833

Grants given$924,235

Average grant$25,673

Management and general$13,911,435

Stocks and bonds$41,711,569

Accounting fees$136,528

Investing fees$279,450

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JAMES B THOMPSONPRESIDENT · 40 hrs/week $390,868Base $325,102 · Other $65,766

MIKE HIGHFIELDEXEXUTIVE VP, PROVOST · 40 hrs/week $310,027Base $271,613 · Other $38,414

JOHN P ANDERSONDEAN LAW SCHOOL · 40 hrs/week $303,704Base $256,593 · Other $47,111

MARCELO L EDUARDODEAN BUSINESS SCHOOL · 40 hrs/week $251,496Base $220,638 · Other $30,858

STANLEY A BALDWINDEAN SCHOOL OF MATH & SCIENCE · 40 hrs/week $245,201Base $212,054 · Other $33,147

WILLIAM R TOWNSENDVP & GENERAL COUNSEL · 40 hrs/week $214,975Base $187,569 · Other $27,406

LAURA JACKSONCFO/COO · 40 hrs/week $208,650Base $195,000 · Other $13,650

KEITH ELDERPROVOST UNTIL 03/08/2024 · 40 hrs/week $182,289Base $177,980 · Other $4,309

PHILLIP L MCINTOSHFACULTY · 40 hrs/week $180,473Base $145,273 · Other $35,200

JUDITH JOHNSONFACULTY · 40 hrs/week $163,933Base $146,186 · Other $17,747

DONALD E CAMPBELLFACULTY · 40 hrs/week $159,434Base $146,856 · Other $12,578

STEVEN D MULHOLLENFACULTY · 40 hrs/week $156,956Base $146,724 · Other $10,232

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (46)

JAMES B THOMPSONPRESIDENT

MIKE HIGHFIELDEXEXUTIVE VP, PROVOST

JOHN P ANDERSONDEAN LAW SCHOOL

MARCELO L EDUARDODEAN BUSINESS SCHOOL

STANLEY A BALDWINDEAN SCHOOL OF MATH & SCIENCE

WILLIAM R TOWNSENDVP & GENERAL COUNSEL

LAURA JACKSONCFO/COO

KEITH ELDERPROVOST UNTIL 03/08/2024

PHILLIP L MCINTOSHFACULTY

JUDITH JOHNSONFACULTY

DONALD E CAMPBELLFACULTY

STEVEN D MULHOLLENFACULTY

VAN K JONESCHIEF INFORMATION OFFICER

BARRY CORBETTTRUSTEE

PAUL MOAK JRTRUSTEE

PERCY THORNTONTRUSTEE

RALPH BARNESTRUSTEE

ROBERT WATSONTRUSTEE

RONNIE FALVEYCHAIRMAN

RONNIE SMITHTRUSTEE

ROY FOUNTAINTRUSTEE

MARJORIE LENOIRTRUSTEE

SUSAN FORTENBERRYTRUSTEE

TINA FULCHERTRUSTEE

TONY HUFFMANTRUSTEE

TONY STRINGERTRUSTEE

WALLEY HENRYTRUSTEE

ART STEVENSTRUSTEE

JEFF HOLLANDTRUSTEE

DEBBIE RICETRUSTEE

DR BRIAN CRAWFORDTRUSTEE

DR CHAD ALTMYERTRUSTEE

DR EDDIE DONAHOETRUSTEE

DWAYNE PICKETTTRUSTEE

GARY WATTSTRUSTEE

CONG GREGG HARPERTRUSTEE

JANE HEDERMANSECRETARY TILL 12/31/2024

OSCAR MISKELLYTRUSTEE

CHIP STEVENSTRUSTEE

JUDGE TOM LEETRUSTEE

KEN WEATHERSBYTRUSTEE

AMANDA ALEXANDER-TAYLORTRUSTEE,SECRETARY

LAVERNE EDNEYTRUSTEE

BOB WALLERTRUSTEE

DAVID ELDRIDGETRUSTEE

BILL SONESVICE CHAIRMAN

About this charity

Recognized since: January 1947
Location: PO BOX 4051, CLINTON, MS 39058
County: Hinds
In care of: DR BLAKE THOMPSON
Primary officer: DR BLAKE THOMPSON, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(601) 925-3206

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Education (B420)
Grant-giving organization: Yes