Campbellsville University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/10/2021. To update the information in this column, please email:


Campbellsville University is a private, comprehensive Christian institution located in South Central Kentucky that has an enrollment of over 4,500 students who represent 93 Kentucky counties, 27 states and 50 foreign nations, with over 13,000 alumni. The University is a non-profit 501 (c)(3) corporation.

Contact information

Mailing address:
Campbellsville University
1 University Drive
Campbellsville, KY 42718


Phone: 800-264-6014


Organization details

EIN: 610469267

CEO/President: Keith Spears


Board size: 49


Year founded: 1943

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


To foster academic excellence through pre-professional certificates, associates, baccalaureate, and graduate programs through traditional, technical, and online systems. To achieve academic excellence through rigor and relevancy in undergraduate, master's and doctoral level programs. To provide an environment conducive for student success. To value diverse perspectives within a Christ-centered community. To model servant leadership and effective stewardship.

Mission statement

Campbellsville University is a comprehensive, Christian institution that offers non-credit technical programs, along with certificates, associates, undergraduate and graduate programs. The university is dedicated to academic excellence solidly grounded in the liberal arts that fosters personal growth, integrity and professional preparation within a caring environment. The university prepares students as Christian servant leaders for life-long learning, continued scholarship by linking discovery research to knowledge at the doctoral level, and active participation in a diverse, global society.

Statement of faith

Transparency grade


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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating328 of 91130 of 111
Fund acquisition rating661 of 91388 of 111
Resource allocation rating269 of 91322 of 111
Asset utilization rating257 of 91122 of 111

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Balance sheet
Receivables, inventories, prepaids$8,575,314$7,098,017$9,080,526$9,108,506$6,637,166
Short-term investments$33,464,664$19,227,599$0$0$0
Other current assets$0$0$0$0$0
Total current assets$59,477,260$41,412,808$10,558,362$10,326,799$8,655,657
Long-term investments$0$0$16,731,075$15,708,036$16,014,695
Fixed assets$84,725,322$66,247,348$63,192,487$63,313,864$63,230,784
Other long-term assets$3,679,773$3,380,976$507,705$1,430,521$1,673,109
Total long-term assets$88,405,095$69,628,324$80,431,267$80,452,421$80,918,588
Total assets$147,882,355$111,041,132$90,989,629$90,779,220$89,574,245
Payables and accrued expenses$6,396,125$5,024,669$3,844,213$3,401,247$2,950,016
Other current liabilities$5,397,720$3,192,500$1,108,942$903,615$760,870
Total current liabilities$11,793,845$8,217,169$4,953,155$4,304,862$3,710,886
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,795,937$1,826,082$1,925,799$2,270,613$2,710,279
Total long-term liabilities$39,908,499$42,288,661$39,787,899$41,122,509$41,931,347
Total liabilities$51,702,344$50,505,830$44,741,054$45,427,371$45,642,233
Net assets20192018201720162015
Without donor restrictions$71,316,948$36,793,223$25,762,107$25,892,359$25,621,785
With donor restrictions$24,863,063$23,742,079$20,486,468$19,459,490$18,310,227
Net assets$96,180,011$60,535,302$46,248,575$45,351,849$43,932,012
Revenues and expenses
Total contributions$5,532,742$3,934,976$3,480,019$5,941,527$2,962,847
Program service revenue$138,615,449$102,549,185$66,470,161$55,097,493$52,286,330
Membership dues$0$0$0$0$0
Investment income$1,592,163$917,091$757,375$287,834$595,283
Other revenue$3,493,460$2,581,532$1,203,983$1,051,050$19,029
Total other revenue$143,701,072$106,047,808$68,431,519$56,436,377$52,900,642
Total revenue$149,233,814$109,982,784$71,911,538$62,377,904$55,863,489
Program services$102,121,417$87,546,245$64,970,122$54,173,397$51,176,416
Management and general$8,964,204$5,252,197$5,225,353$5,488,437$4,647,358
Total expenses$113,394,978$94,343,698$71,542,054$60,645,855$56,917,718
Change in net assets20192018201720162015
Surplus (deficit)$35,838,836$15,639,086$369,484$1,732,049($1,054,229)
Other changes in net assets$0$0$0$0$0
Total change in net assets$35,838,836$15,639,086$369,484$1,732,049($1,054,229)


Dr Michael V CarterPresident$407,791
Ms Nagamani PallaInst of Computer Science$383,897
Dr Eric HarterProfessor of Business$374,707
Dr Khaled FalahAsst Professor of Business$355,428
Dr Jimmie FloresAsst Prof of Business$343,012
Dr Frederick RoseAsst Professor of Business$321,559
Dr H Keith SpearsVP Communications$189,652
Dr Donna HedgepathVP Academic Affairs$168,550
Mr Otto TennantVP Administration$142,372
Mr Claude HollingsworthVP Student Services/Athletics$134,830
Dr Jay ConnerTrustee$128,564
Mr Benji KellyVP Development$127,978
Dr Michael Shane GarrisonVP Enrollment Svcs$126,537
Dr G Ted TaylorVP University Outreach$97,483
Dr James JonesTrustee$17,470
Mr Ron RaffertyTrustee/Adjunct Instructor$7,200

Compensation data as of: 6/30/2019

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/10/2021. To update the information below, please email:


Program accomplishments