FISK UNIVERSITY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$61,439,408
Program Services
42%
Government Grants
22%
Other
18%
Contributions
16%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$59,429,447
Salaries & Benefits
32%
Grants
27%
Other
19%
Offices, Occupancy & IT
11%
Fees to Service Providers
6%
Interest
3%
Depreciation
2%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$11,252,884
$9,533,263
-15%
Government Grants
$8,415,625
$13,374,110
+59%
Fundraising Events
$0
$0
-
Program Services
$25,788,052
$26,100,832
+1%
Membership Dues
$0
$0
-
Investments
$618,060
$1,646,102
+166%
Other
$10,102,494
$10,785,101
+7%
Total Revenues
$56,177,115
$61,439,408
+9%
Expenses
2023
2024
Change
Grants
$14,439,311
$16,048,419
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$17,673,347
$18,838,860
+7%
Fees to Service Providers
$2,392,539
$3,472,157
+45%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$6,461,798
$6,706,360
+4%
Interest
$2,033,393
$1,826,482
-10%
Depreciation
$1,201,543
$1,417,636
+18%
Other
$11,044,237
$11,119,533
+1%
Total Expenses
$55,246,168
$59,429,447
+8%
Net income
2023
2024
Change
Net income
+$930,947
+$2,009,961
+116%
Functional Expenses
Summary
2023
2024
Change
Program
$36,332,301
$38,191,183
+5%
Admin
$17,035,765
$20,274,246
+19%
Fundraising
$1,878,102
$964,018
-49%
Total Expenses
$55,246,168
$59,429,447
+8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)