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EIN 59-0668483

Florida Memorial University (FMU)

IRS 501(c) type
501(c)(3)
Num. employees
455
City
Miami Gardens
State
Florida
Year formed
1862
Most recent tax filings
2023-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
Florida Memorial University is a private, coeducational, and Baptist-affiliated institution that has the distinction of being one of the oldest academic centers in the state, and the only Historically Black University in South Florida.
Total revenues
$50,419,718
2023
Total expenses
$49,018,014
2023
Total assets
$84,253,989
2023
Num. employees
455
2023

Program areas at FMU

Student Services Programs: Support services and activities surrounding students. The University has approximately 1156 students.
Instructional: The University offers programs designed to liberally educate students in a postindustrial, high technology society. There are educational programs through the Divisions of Airway and Computer Sciences, Business Administration, Education and Humanities, Natural Sciences, Mathematics, Social Sciences, and the nondegree General College Division and Division of Lifelong Learning.
Academic Support: Educational Delivery; General & Other: Support Staff (Deans, secretaries, and administration) to carry out the functional support duties of the instructional unit (~1156 students).
Education, General/Other: Institutional Support. Infrastructure to support the University and carryout it's primary goal of educating students. (~1156 students). Includes auxiliary expenses, business & fiscal, and presidents office under Depts. 100, 300, & 500 as well. Also includes student aid & discounts (shown contra-revenue in financial statements).
Grants & Other Assistance program service expenses

Who funds Florida Memorial University (FMU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Negro College FundGrants & Scholarships, Tech Assist, Area Office Joint Campaign$1,587,731
Lilly EndowmentThriving Congregations Initiative$999,997
JP Morgan Chase FoundationIn Support of Creating Economic Mobility and Career Pathways$750,000
...and 14 more grants received

Financials for FMU

RevenuesFYE 06/2023
Total grants, contributions, etc.$17,978,207
Program services$26,759,438
Investment income and dividends$220,023
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,302,519
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$159,531
Total revenues$50,419,718

Organizations like FMU

OrganizationLocationRevenue
Ferrum CollegeFerrum, VA$43,150,167
Xavier University of Louisiana (XULA)New Orleans, LA$155,415,754
Erskine College and Theological SeminaryDue West, SC$46,561,297
Salve Regina UniversityNewport, RI$136,593,065
Georgian Court University (GCU)Lakewood, NJ$71,804,009
Muskingum UniversityNew Concord, OH$68,313,564
Academy of the New Church Secondary Schools (ANCSS)Bryn Athyn, PA$41,435,980
Wheaton CollegeWheaton, IL$181,635,763
Corporation of Haverford CollegeHaverford, PA$205,029,101
University of Saint FrancisFort Wayne, IN$71,973,852
Data update history
March 26, 2025
Received grants
Identified 6 new grant, including a grant for $1,587,731 from United Negro College Fund
March 17, 2025
Updated personnel
Identified 1 new personnel
December 22, 2024
Received grants
Identified 4 new grant, including a grant for $750,000 from JP Morgan Chase Foundation
August 25, 2024
Received grants
Identified 6 new grant, including a grant for $999,997 from Lilly Endowment
May 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
SchoolsHigher ed institutions
Issues
EducationAfrican Americans
Characteristics
ChristianReligiousPolitical advocacyOperates donor advised fundsLobbyingConservation easementState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
15800 NW 42nd Ave
Miami Gardens, FL 33054
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Miami-Dade County, FL
Website URL
fmu.edu/ 
Phone
(305) 626-3600
Facebook page
FLMemorialUniv 
Twitter profile
@flmemorialuniv 
IRS details
EIN
59-0668483
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1862
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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