Furman University

Education organization based in Greenville, SC. 2,444 employees. Exempt under §501(c)(3).

MissionTHE PRIMARY MISSION OF FURMAN AS A LIBERAL ARTS INSTITUTION IS TO PROVIDE A DISTINCTIVE EDUCATION IN FINE ARTS, HUMANITIES, SOCIAL SCIENCES, MATHEMATICS AND THE SCIENCES, AS WELL AS SELECTED PROFESSIONAL DISCIPLINES.

EIN
57-0314395
State
SC
Sector
Education
Budget band
$50M+
Latest filing
TY 2023
Records
17 officers · 5 years

Financial snapshot · TY 2023

$288.9M
Total revenue
$270.1M
Total expenses
$1.4B
Net assets

Financial health · TY 2023

94
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
91
16.3 months of expenses
Program efficiency
98
89.1% spent on programs
Revenue diversity
93
Mix of program fees, grants & contributions

Leadership compensation

Robert Richey
MEN'S HEAD BASKETBALL COACH
$706,578
96th percentile vs. peers
$665,107
83th percentile vs. peers
Susan Maddux
VP FOR FINANCE & ADMINISTRATION
$453,919
96th percentile vs. peers
Clayton Hendrix
HEAD FOOTBALL COACH
$381,293
96th percentile vs. peers
Jason Donnelly
VP FOR INTERCOLLEGIATE ATHLETICS
$364,303
96th percentile vs. peers

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Furman University Executive Compensation | 990 Data | DoubleNine