512 E Stephens St
Midway KY 40347
Contact Information
Address 512 E Stephens St
Midway, KY 40347
Phone (859) 846 5310
Contact Name Tim Culver
At A Glance
Former Names
Midway College, Inc.
Other ways to donate, support, or volunteer

Support for Midway University comes in many forms other than cash gifts. Please contact us for more information regarding:

Gifts of stocks, bonds or mutual funds

Gifts of personal property or real estate

Estate gifts (including will bequests, life insurance, annuities and retirement accounts)

In-Kind Gifts

Financial Summary
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Mission Statement
Midway University shapes and inspires the lives of women and men in undergraduate and graduate programs through a student-centered, global education that leads to rewarding careers and responsible citizenship. (Adopted May 12, 2016)
Background Statement

The Kentucky Female Orphan School, as Midway University was originally known, was the dream of Dr. Lewis Letiq Pinkerton. Dr. Pinkerton, a young physician and minister of the Christian Church (Disciples of Christ) sought help from James Ware Parrish. The elder at Midway Christian Church, Parish raised the necessary funds to open the school. Together with other progressive leaders, they launched a revolutionary educational experiment.

The few girls who received formal education in antebellum Kentucky were taught to read. This skill was considered necessary for their role as mothers. When they reached adulthood, they would read the Bible to their children. Female orphans were rarely offered even this meager amount of schooling. Without education or parental support and concern, the most many could hope for was a lifetime of drudgery as a maid or laborer.

The liberal arts curriculum and career preparation proposed by Dr. L.L. Pinkerton was a comprehensive solution to this tragedy. The benefits of the curriculum reached far beyond the individual girls who attended the school. Dr. L. L. Pinkerton’s dream became a reality as Midway-educated teachers went forth to share their learning with youngsters throughout the state and region. In the years since, the school has evolved to meet the educational needs of modern women and men. The goals and standards of the Kentucky Female Orphan School’s founders are preserved in that mission.

Today, Midway University provides advanced instruction in a broad range of subjects based upon a strong liberal arts curriculum. The campus and programs have grown with the school’s enrollment, yet many of the traditional ideals Midway was founded on have remained constant. The college’s affiliation with the Christian Church (Disciples of Christ) remains strong. Many members of the student body are active members of Christian Church congregations.

On May 12, 2016, the Midway University Board of Trustees voted to become fully coeducational in all of its undergraduate programs by fall 2016. Daytime programs and the residential campus had been solely for women since the school’s founding and operated as a Women’s College. Evening and online undergraduate programs and graduate programs all have been co-ed since their inception.

Impact Statement

John P. Marsden, Ph.D. has brought a renewed focus on the institution’s mission since becoming the tenth president of Midway University on February 1, 2013. Shortly after his arrival, Dr. Marsden led the development of a new, three-year strategic plan (2014-2017). As a result of that plan, Midway College changed its name to Midway University to reflect expanding graduate programs and international partnerships. In conjunction with the name change, Dr. Marsden led the rebranding effort for the University which resulted in a new logo, marketing materials, and a website to better tell Midway’s unique story.

More recently, Dr. Marsden has managed growth and change by implementing full coeducation in the institution’s traditional undergraduate program and launching men’s baseball, basketball, golf, and soccer teams. As a result, Midway University welcomed the largest incoming class in the history of the institution in fall 2018. The expansion of graduate offerings in teacher education, nursing, and business has led to record graduate student enrollment. Campus enhancements under his leadership have included residence hall and student center updates as well as a renovation of the dining hall to better meet student needs. Under his leadership, Midway University also implemented annual fundraisers – “Day for Midway” and the “Spotlight Awards” – which have improved community relations and fundraising.

Despite economic pressures in the higher education market, Midway University has worked diligently to ensure expenses have not exceeded annual revenues for the last three fiscal years. Furthermore, the institution refinanced all of its long-term debt helping to secure its future. In December 2015, Midway University was reaffirmed by SACSCOC for ten years without monitoring or recommendations.

In February 2018, Dr. Marsden was recognized by Bluegrass Tomorrow for his efforts and was awarded the Excellence in Education Vision Award. In fall 2018, the University will break ground for the construction of a new Field House and Baseball Stadium as part of the Campaign of Opportunities fundraising effort to support student growth.

Needs Statement
1. Grow our endowment through charitable gifts.
2. Increase enrollment across all areas.
3. Enhance facilities.
4. Develop new academic programs.
5. Increase percentage of faculty with terminal degrees.
Geographic Areas Served
Midway University is located in Midway, Kentucky (Woodford County) The university serves three distinct populations of students - traditional undergraduate, evening/online undergraduates and graduate students.
Our traditional undergraduate programs draw students from Kentucky and surrounding states as well as more than 26 states annually. The institution also serves international students from various countries.
 Our evening and online undergraduate and graduate programs serve mostly student from Kentucky in the more central and eastern parts of the state.
Board Chair
Board Chair Mrs. Donna R. Moore
Company Affiliation Retired
Board Members
Ms. Mira S. BallBall HomesVoting
Ms. Anne E. BoltonMorgan Stanley Smith BarneyVoting
Ms. Ann J. BowlingCivic LeaderNonVoting
Ms. Anita S. BrittonAttorneyVoting
Dr. Constantine Curris Ed.DRetiredNonVoting
Dr. Suvas G. Desai MD, MBAPhysicianVoting
Ms. Emily T. GableCivic LeaderVoting
Ms. Linda L. GreenCo-Owner/Operator Bel-Mar FarmVoting
Dr. Charles H. HaggardCommunity VolunteerNonVoting
Ms. Donna S. HallCivic LeaderVoting
Mr. Charles R. HembreeAttorneyVoting
Ms. Janet L. HunterCivic LeaderVoting
Mr. Bob HutchisonCo-Owner/Operator McDonald's RestaurantVoting
Ms. Elizabeth JonesOwner Airdrie FarmVoting
Mr. Keith MathisWorld Digital InnovationsVoting
Ms. Denise H. McClellandFrost, Brown, Todd LLCVoting
Ms. Belinda B. MetzgerCommunity volunteerVoting
Ms. Donna R. MooreRetiredVoting
Ms. Anne H. RaymondCivic LeaderNonVoting
Dr. James P. Roach MDFamily PhysicianVoting
Mr. James D. RouseAttorneyNonVoting
Mr. Dan D. Stewart Jr.Civic LeaderVoting
Mr. Larry B. TaylorCivic LeaderVoting
Ms. Susan WaldenManagement ConsultingVoting
Mr. Lyle WolfPrivate InvestorVoting
Board Demographics - Ethnicity. Add number
Asian American/Pacific Islander 0
Caucasian 23
Hispanic/Latino 0
Native American/American Indian 0
Other 0 1
Board Demographics - Gender
Male 11
Female 14
Unspecified 0
Board Term Lengths 4
Board Term Limits 0
Board Meeting Attendance % 75%
Written Board Selection Criteria? No
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100%
Number of Full Board Meetings Annually 3
CEO/Executive Director
Executive Director Dr. John P. Marsden
Term Start Feb 2013
Email jmarsden@midway.edu

Dr. Marsden earned his undergraduate degree in Architecture with a minor in Industrial Management at Carnegie Mellon University. He received his masters in Architecture and Graduate Certificate in Gerontology from the University of Arizona and he earned his Ph.D. with a major in Environment and Behavior and a minor in Gerontology from the University of Michigan.

Dr. Marsden is the author or co-author of four books in the areas of dementia, assisted living, and evidence-based design as well as numerous book chapters, articles, and presentations.
Prior to joining Midway College. Dr. Marsden served as Provost and Vice President of Academic Affairs at Barton College in North Carolina.


Full Time Staff 213
Part Time Staff 10
Volunteers 0
Contractors 213
Retention Rate 76%
Staff Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 1
Caucasian 32
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Staff Demographics - Gender
Male 14
Female 18
Unspecified 0
Associate, Baccalaureate, Master's
Biology, Business Administration (Accounting concentration), Criminal Justice, Education Studies, English, Environmental Science, Equine Studies (Management, Rehabilitation or Science concentration), Health Care Administration, Interdisciplinary Studies, Mathematics, Nursing (ADN and BSN), Psychology (Alcohol & Drug Abuse Counseling concentration), Sport Management and Teacher Education
Master of Business Administration (MBA)
Master of Education (M.Ed) 
Master of Science in Nursing (MSN)
Plans & Policies
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Yes
Management Succession Plan? Under Development
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy No
Document Destruction Policy No
Government Licenses
Is your organization licensed by the Government? Yes
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Fiscal Year
Fiscal Year Start July 01, 2012
Fiscal Year End June 30, 2013
Projected Revenue $20,800,000.00
Projected Expenses $18,600,000.00
Detailed Financials
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201720162015
Total Revenue$25,100,084$17,670,273$20,118,116
Total Expenses$21,758,144$19,558,437$20,194,962
Revenue Less Expenses$3,341,940($1,888,164)($76,846)
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201720162015
Foundation and
Corporation Contributions
Government Contributions$0$0$0
Individual Contributions$4,271,091$1,306,382$1,671,260
Investment Income, Net of Losses$239,655$195,740$211,287
Membership Dues--$0$0
Special Events$58,360$56,879$95,297
Revenue In-Kind--$133,397$258,976
Expense Allocation
Fiscal Year201720162015
Program Expense$16,577,329$14,452,555$15,018,676
Administration Expense$4,727,177$4,738,126$4,802,652
Fundraising Expense$453,638$367,756$373,634
Payments to Affiliates------
Total Revenue/Total Expenses1.150.901.00
Program Expense/Total Expenses76%74%74%
Fundraising Expense/Contributed Revenue------
Assets and Liabilities
Fiscal Year201720162015
Total Assets$57,443,853$51,003,502$55,556,600
Current Assets$13,021,445$8,000,640$10,002,191
Long-Term Liabilities$13,018,776$13,733,647$14,657,534
Current Liabilities$10,070,591$7,905,459$8,311,938
Total Net Assets$34,354,486$29,364,396$32,587,128
Form 990s
2017 Form 990
2016 Form 990
2015 Form 990
2014 Form 990
2013 Form 990
2012 990 2012
2011 990 2011
2010 990
2009 990
2008 990
Capital Campaign
Currently in a Capital Campaign? No
State Registration Yes
Address 512 E Stephens St
Midway, KY 40347
Primary Phone 859 846 5310
Contact Email tculver@midway.edu
CEO/Executive Director Dr. John P. Marsden
Board Chair Mrs. Donna R. Moore
Board Chair Company Affiliation Retired