2024-04-15T15:33:35-07:00 2023-05-31 990 2022-06-01 620475691 MARYVILLE COLLEGE MARY 8659818138 502 E Lamar Alexander Parkway Maryville TN 37804 Kelly Leonard VP For Finance 8659818139 2024-04-15 Kelly Leonard 999009999 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z Kelly Leonard VP For Finance 502 E Lamar Alexander Pkwy Maryville TN 37804 69904251 0 X www.maryvillecollege.edu X 1819 TN Maryville College is an undergraduate, liberal arts, residential community of faith and learning, serving students of all ages and backgrounds. We prepare students for lives of citizenship and leadership as we challenge each one to search for truth, grow in wisdom, work for justice and dedicate a life of creativity and service to the peoples of the world. In fiscal year 2021, the College served a full-time equivalent total of 987 students. The College has 67 programs of study and 15 Division III sports teams. 34 33 686 257 598421 0 10549553 8611112 45166996 46947623 -182604 4188688 466738 452718 56000683 60200141 21335798 22168334 0 0 18486456 19569546 30252 28241 1112008 17201479 17682024 57053985 59448145 -1053302 751996 200716344 195858155 36874157 35356790 163842187 160501365 Maryville College prepares students for lives of citizenship and leadership as we challenge each one to search for truth, grow in wisdom, work for justice, and dedicate a life of creativity and service to the peoples of the world. 0 0 42846509 22168334 39174034 Higher Education: Maryville College is a four year liberal arts college. The institution provides four year degree granting programs. In fiscal year 2023 there were 972 total undergraduates with approximately 73% living on campus. 2290631 0 32193 The Clayton Center for the Arts is a two building complex and plaza located on a part of the Maryville College campus. The buildings are owned by the Industrial Development Board of Blount County and are leased to the City of Maryville and the City of Alcoa. The cities in turn have an operating agreement with the College to manage and operate the facility. The Center is a place to present outstanding artists, produce worthy art, develop both local artists and their audiences and provide space for the presentation of artistic and cultural events by outside entities. It is also where the College's fine arts division is located. 0 0 0 45137140 1 1 0 0 0 0 0 1 0 1 1 0 1 0 1 1 1 0 1 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 265 0 1 686 1 1 1 1 CJ 0 0 0 1 1 0 0 0 1 1 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Tessa Cortes 8659818168 502 E Lamar Alexander Parkway Maryville TN 37804 Dr Bryan Coker President 40 0 X X 346974 0 49487 Jeffery S Ingle Vice President 40 0 X 165379 0 25755 Dr Dan Klingensmith Vice President 40 0 X 150626 0 25065 Melinda S Booker Vice President 40 0 X 145603 0 29365 Dr Melanie Tucker Vice President 40 0 X 125426 0 35068 Blake Smith General Manager 40 0 X 115292 0 16654 Kelly Leonard Vice President 40 0 X 114289 0 11908 Alayne Bowman Vice President 40 0 X 104989 0 19705 John Berry Chief Operations Officer 40 0 X 108280 0 10658 Dr William Bell Board Member 2 0 X 0 0 0 Mr C Michael Davis Jr Board Member 2 0 X 0 0 0 Ms Marcia Kilby-Rethwilm Board Member 2 0 X 0 0 0 Ms Mary Crawford Board Member 2 0 X 0 0 0 Dr James Kulich Board Member 2 0 X 0 0 0 Ms Diane Humphreys-Barlow Board Member 2 0 X 0 0 0 Mr J William Johnson Board Member 2 0 X 0 0 0 Ms Cheryl S Massingale Board Member 2 0 X 0 0 0 Mr Adriel McCord Board Member 2 0 X 0 0 0 Ms Erin Polly Palmer Board Member 2 0 X 0 0 0 Ms Ann L Rigell Board Member 2 0 X 0 0 0 Dr Jennifer McCafferty-Fernandez Board Member 2 0.00 X 0 0 0 Dr Kenneth D Tuck Board Member 2 0 X 0 0 0 Ms Debra Wilson Board Member 2 0 X 0 0 0 Mr Charles Wright Board Member 2 0 X 0 0 0 Mr Alvin Nance Board Member 2 0 X 0 0 0 Judge W Neal McBrayer Board Member 2 0 X 0 0 0 Mr Timothy A Topham Board Member 2 0 X 0 0 0 Mr Jason Brooks Board Member 2 0 X 0 0 0 Rev Dr Emily J Anderson Board Member 2 0 X 0 0 0 Mr Steven Diggs Board Member 2 0 X 0 0 0 Mr Adam Ray Board Member 2 0 X 0 0 0 Ms Cate Biggs Board Member 2 0 X 0 0 0 Ms Jane Alexander Carl Board Member 2 0 X 0 0 0 Mr Greg Gheen Board Member 2 0 X 0 0 0 Mr Don Hickman Board Member 2 0 X 0 0 0 Rev Gradye Parsons Board Member 2 0 X 0 0 0 Mr Charles West Board Member 2 0 X 0 0 0 Ms Judith Penry Board Member 2 X 0 0 0 Dr Margaret Cowan Board Member 2 0 X 0 0 0 Mr Kyle Duke Board Member 2 X 0 0 0 Mr Joe Emert Board Member 2 0 X 0 0 0 Mr Wayne Kramer Board Member 2 0 X 0 0 0 1376858 0 223665 9 0 1 0 Musco Sports Lighting 100 1st Avenue West PO Box 808 Oskaloosa IA 52577 infrastructure lighting 274431 Interstate Mechanical 3200 Henson Road Knoxville TN 37950 mechanical contractor 234935 D Stafford and Associates 179 Rehoboth Avenue 1121 Rehoboth Beach DE 19971 Security Services 128983 3 0 0 0 0 1199555 7411557 432806 8611112 Tuition and Instruction 611310 36728060 36728060 0 0 Residence Halls and Student Meals 611310 8501014 0 0 8501014 Other Program Related Revenue 611310 1083426 0 0 1083426 Sales of Education Activities 611310 22547 22547 0 0 Clayton Center for the Arts 711310 612576 32193 580383 0 0 0 0 0 46947623 2063562 0 0 2063562 0 0 0 0 0 0 0 0 136379 0 0 0 136379 0 136379 0 0 136379 9711145 2108782 8589919 1104882 1121226 1003900 2125126 2125126 0 0 0 27347 9309 18038 0 18038 0 Campus Vending, commissions, and Special Programs 611310 298301 298301 0 0 0 0 0 0 298301 60200141 39206227 598421 11784381 0 0 21631313 21631313 537021 537021 0 0 1330994 357555 751396 222043 0 0 0 0 14532146 11797698 2196936 537512 470878 383642 70582 16654 2105025 1715046 315530 74449 1130503 921065 169455 39983 0 0 0 0 54875 0 54875 0 55000 0 55000 0 0 0 0 0 28241 28241 0 0 0 0 1373638 990791 361062 21785 148864 55842 93022 0 209684 67266 67333 75085 587121 176136 410985 0 0 0 0 0 2783739 162927 2620812 0 1562881 1436562 63195 63124 0 0 0 0 212873 117232 90231 5410 712763 0 712763 0 0 0 0 0 2993061 110797 2882264 0 59310 0 59310 0 Library Services 214333 214333 0 0 Student Meals 2469472 2469472 0 0 Supplies 1233906 660823 546941 26142 Repairs and Maintenance 1932869 516143 1415146 1580 1077635 815476 262159 0 59448145 45137140 13198997 1112008 1423518 678759 139567 63185 1522376 2480207 421916 650119 0 0 0 0 684833 268 2598 5240 13662287 13709004 124821946 54775161 68326071 70046785 0 0 0 0 111991201 104302635 0 0 2541977 3921953 200716344 195858155 3013897 2450323 0 0 356282 262314 26873841 24913426 0 0 0 0 4856754 6812734 0 0 1773383 917993 36874157 35356790 X 54189494 53080285 109652693 107421080 163842187 160501365 200716344 195858155 X 751996 -4064639 0 0 0 -28179 X 0 1 X 1 1 1 X 5923473 5291059 6758660 10236673 7336096 35545961 0 0 0 0 0 0 5923473 5291059 6758660 10236673 7336096 35545961 1000000 34545961 2733909 2373154 2777357 2076914 2063562 12024896 508659 424456 82546 326962 598421 1941044 0 0 0 0 0 0 49511901 228552931 0.69773 0.65332 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 20193 0 0 X X 0 109333104 1695733 -321856 4502482 3983703 69934 102150862 123094709 1756588 -8797712 3535391 3070922 114168 109333104 98036427 4270820 25407296 4518550 0 101284 123094709 92970408 3518146 5916932 4282325 0 86734 98036427 95972174 1128879 101618 3817263 327724 87276 92970408 0.02 0.15 0.83 1 0 0 368850 368850 0 102201141 40128595 62072546 0 7575765 2043675 5532090 0 14256062 12315669 1940393 0 420128 287222 132906 70046785 Private Equities 154591 F US Equities 42652579 F International Equities 17461799 F Fixed Income 31239102 F Cash and Other Equivalents 5379882 F Other Investments 14931 F Beneficial Interest in Perpetual Trust 7399751 F 104302635 0 Due to Department of Education 19014 Annuity Obligations 489895 Student and Other Deposits 409084 917993 X 56107323 -4092818 0 0 0 -4092818 60200141 0 0 0 60200141 59448145 0 0 0 0 0 59448145 0 0 0 59448145 Schedule D, Part III, Line 4 The fine arts collection held as assets on the College's balance sheet consist of two sculptures and one painting, and are held for public exhibition and/or education. The Maryville College Clayton Center for the Arts has increased the desire and ability to share with the region art work with educational value. Schedule D, Part V, Line 4 The endowment funds of the College are used for student scholarships and awards, building and grounds maintenance, and other various program support. Schedule D, Part X, Line 2 The College is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the College's exempt purpose is subject to taxation as unrelated business income. No provision for income taxes has been made in the accompanying financial statements. The College accounts for the effect of any uncertain tax positions based on a more likely than not threshold to the recognition of the tax positions being sustained based on the technical merits of the position under examination by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a cumulative probability assessment that aggregates the estimated tax liability for all uncertain tax positions. Tax positions for the College include, but are not limited to, the tax-exempt status and determination of whether income is subject to unrelated business income tax; however, the College has determined that such tax positions do not result in an uncertainty requiring recognition. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Maryville College has a statement of Non-discriminatory policy located in its student handbook which all students have access to. Additionally, it is published on the College website as well as in its admissions materials. The statement is as follows: Maryville College does not discriminate on the basis of race, color, gender, ethnic or national origin, religion, sexual orientation, age, disability, or political beliefs in provision of educational opportunities and benefits. The College also established a commitment to diversity in its statement of purpose. Schedule E, Part I, Line 6 The College is the recipient of annual federal and state grants and loans, including Pell grants, federal work study, and other supplemental education opportunity grants. 1 Central America and the Caribbean 0 0 Program Services Student Study Abroad Programs 74803 Europe (including Iceland and Greenland) 0 0 Program Services Student Study Abroad Program 56188 Europe (including Iceland and Greenland) 0 0 Program Services Student Study Abroad Program 59604 0 0 190595 Educational Scholarship Central America and the Caribbean 2 49880 Cash Payment 0 N/A N/A Educational Scholarship East Asia and the Pacific 4 83005 Cash Payment 0 N/A N/A Educational Scholarship Europe (including Iceland and Greenland) 2 80556 Cash Payment 0 N/A N/A Educational Scholarship Middle East and North Africa 3 68320 Cash Payment 0 N/A N/A Educational Scholarship North America (including Canada and Mexico, but not the United States) 1 23000 Cash Payment 0 N/A N/A Educational Scholarship Russia and the newly independent States 3 84760 Cash Payment 0 N/A N/A Educational Scholarship South Asia 1 13000 Cash Payment 0 N/A N/a Educational Scholarship Sub-Saharan Africa 7 134500 Cash Payment 0 N/A N/A 0 0 0 1 0 0 Schedule F, Part I, Line 2 The Financial Aid Office maintains a database of all students, their eligibility for grant funds determined through various procedures, the amount awarded and accepted by each student, and documentation of verifying data. The College also has an audit performed in accordance with the requirement of Title 2 U.S. Code of Federal Regulations Part 200 for Federal Awards in accordance with the financial statement audit. X X X X X X X 1 Alexander Hass Martin & Partners 3520 Piedmont Road NE Suite 30 Atlanta GA 30305 Professional consulting on fundraising campaign for the College. 0 920915 28241 892674 920915 28241 892674 1 Maryville College grants and awards to students attending college 972 14458989 0 N/A N/A Maryville College direct funded endowed scholarships and awards 59 106114 0 N/A N/A Maryville College indirect funded endowed scholarships 169 3893034 0 N/A N/A Maryville College Bonner Scholarships 93 283699 0 N/A N/A Maryville College Tuition for Faculty/Staff dependents 23 600284 0 N/A N/A Maryville College Presidential Scholarships 89 1977000 0 N/A N/A Maryville College tuition exhange 12 414900 0 N/A N/A MC Scotts Annual Fund Scholarships 14 272720 0 N/A N/A Federal Work Study 100 121708 0 N/A N/A Maryville College Bradford Scholarship 6 22000 0 N/A N/A S-Stem Scholarships 21 157140 0 N/A N/A Trio Grant Scholarships 30 43394 0 N/A N/A Schedule I, Part I, Line 2 The Financial Aid Office maintains a database of all students, their eligibility for grant funds determined through FAFSA, and other analytical procedures, the amount awarded and accepted by each student, and documentation of verifying the data. The College also has a federal awards audit performed each year in addition to the financial statement audit. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Dr Bryan Coker President 346974 0 0 0 0 0 31900 0 17587 0 396461 0 0 0 Jeffery S Ingle Vice President 165379 0 0 0 0 0 17530 0 8225 0 191134 0 0 0 Dr Dan Klingensmith Vice President 150626 0 0 0 0 0 16249 0 8816 0 175691 0 0 0 Melinda S Booker Vice President 145603 0 0 0 0 0 22950 0 6415 0 174968 0 0 0 Dr Melanie Tucker Vice President 125426 0 0 0 0 0 26000 0 9068 0 160494 0 0 0 Schedule J, Part I, Line 1a The spouse of the President sometimes accompanies him to conferences and meetings during the year. The College pays for her travel expenses. Also, the president receives an annual housing allowance and an auto allowance. The annual values of these allowances are added to his taxable compensation. A Health & Educational Facilities Board of Blount County Tennessee Series 2009 621192419 2009-12-01 30000000 Revenue refunding bonds 0 0 0 B Health & Educational Facilities Board of Blount County Tennessee Series 2010 621192419 2010-03-12 6650000 Revenue refunding bonds 0 0 0 C Health & Educational Facilities Board of Blount County Tennessee Series 2014 621192419 2014-12-01 7068500 Campus construction improvement projects 0 0 0 A 12953744 0 30000000 0 0 0 6552 0 0 0 30000000 0 2009 1 0 1 1 B 2876670 0 6650000 0 0 0 1438 0 0 6650000 0 0 2009 1 0 1 1 C 2974660 0 7068500 0 0 0 17010 0 0 7068500 0 0 2015 1 0 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 X 37 432806 Fair Market Value 0 0 1 0 Form 990, Part VI, Section B, Line 11b The Form 990 is uploaded to the board portal and is available for all board members to see. Maryville College's Finance Committee reviews the annual form before it is filed. Committee members are encouraged to ask questions regarding the entries on the form. The form is not signed and submitted to the IRS until the members have had a chance to review and approve it. Form 990, Part VI, Section B, Line 12c Board members are required to complete a conflict of interest form each year. When a possible conflict is noted, the Administrative Assistant to the President informs the Vice President For Finance and the Business Office. A potential conflict of interest schedule is created. The schedule is referred to by the Business Office throughout the year. The College's purchasing policy prohibits transactions that may create a conflict of interest. All faculty and staff are reminded of the purchasing policy annually. All new employees are required to complete a conflict of interest statement form with the Human Resources Department. The conflict of interest policy is also posted on the College Faculty and Staff portal for reference and review. Form 990, Part VI, Section B, Line 15 Annual wage increases are approved by the Board of Directors after discussion and review of analysis of local, regional, and national wage increases, and other economic issues. Once approved, the entire budget is brought to the full Board of Directors for review and approval. These meetings are documented in the minutes. Salary increases for the President follow the same process with an additional step of having the Executive Committee of the Board finalize any increase which is documented in the President's contract. Form 990, Part VI, Section C, Line 19 Maryville College makes its governing documents, conflict of interest policy, and financial statements available to the public either on its website and/or upon request. Form 990, Part XI, Line 9 Nonoperating change in annuities