Transylvania University
300 N Broadway, Lexington, KY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $86,108,052 | $71,123,064 | $216,787,436 |
| FY2024 | $71,833,655 | $69,813,197 | $203,253,892 |
| FY2023 | $66,491,830 | $68,860,956 | $188,776,473 |
| FY2022 | $57,979,581 | $64,217,503 | $185,182,943 |
| FY2021 | $70,586,888 | $59,754,162 | $202,311,229 |
| FY2020 | $55,763,422 | $55,781,525 | $165,691,634 |
| FY2019 | $63,019,479 | $57,255,553 | $170,032,795 |
| FY2018 | $55,070,436 | $55,798,840 | $160,410,430 |
| FY2017 | $54,189,492 | $52,956,979 | $163,651,196 |
| FY2016 | $51,474,659 | $55,099,543 | $152,114,970 |
| FY2015 | $48,567,054 | $54,636,204 | $154,428,136 |
| FY2014 | $64,763,636 | $55,357,469 | $159,723,394 |
| FY2013 | $61,321,850 | $52,332,298 | $150,317,228 |
| FY2012 | $44,309,363 | $48,696,504 | $141,327,675 |
Form 990 filings
The returns filed by Transylvania University (EIN 61-0444825), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $5,716,063 | 7% |
| Program service revenue | $53,447,512 | 62% |
| Other revenue | $26,944,477 | 31% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $62,976,331 | 89% |
| Management & general | $6,625,614 | 9% |
| Fundraising | $1,521,119 | 2% |
What the numbers show
- Program service revenue made up 62% of total revenue in FY2025.
- Program services accounted for 89% of functional expenses, management & general 9%, and fundraising 2%.
- 89% of functional expenses went to program services in FY2025. That is higher than 68.2% of 44 Education organizations in KY.
- Net assets covered about 36.6 months of expenses at the end of the reporting year. That puts it in the 70th percentile among 631 Education organizations in KY.
- Total revenue was higher than 98.9% of 644 Education organizations in KY.
- Total revenue rose from $44,309,363 in FY2012 to $86,108,052 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 14 reported years (FY2012, FY2015, FY2016, FY2018, FY2020, FY2022, FY2023).
- Net assets grew from $141,327,675 to $216,787,436 between FY2012 and FY2025.
- Contributions and grants made up 14% of revenue in FY2012 and 7% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PRIVATE LIBERAL ARTS COLLEGE FEATURING A COMMUNITY-DRIVEN, PERSONALIZED APPROACH TO A LIBERAL ARTS EDUCATION.
IRS status
| Ruling year | 1943 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education (in KY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Lindsey Wilson University Inc — Columbia, KY · $83,885,911
- Thomas More University Inc — Crestview Hls, KY · $83,169,756
- University of Pikeville — Pikeville, KY · $93,154,691
- Georgetown College — Georgetown, KY · $65,479,950
- Asbury College — Wilmore, KY · $63,995,895
- Community Action Council for Lex- Fayette Bourb Harr Nich Counties — Lexington, KY · $55,385,750
- Campbellsville University Inc — Campbellsville, KY · $118,855,032
- Asbury Theological Seminary — Wilmore, KY · $50,655,245
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.