CLEMSON UNIVERSITY CONTINUING EDUCATION

CLEMSON, SC, 296340001 (864) 656-3630 Est. 1993 EIN 57-1002122

B110 - Education 990 - Public charity return 501(c)(3)

www.clemson.edu/madren

Mission

THE CORPORATION EXISTS TO OWN, OPERATE, AND MANAGE THE MARTIN INN AND THE WALKER GOLF COURSE. IN ADDITION, THE CORPORATION, ON A DAILY BASIS, MANAGES THE MADREN CONFERENCE CENTER FOR CLEMSON UNIVERSITY.

Financials

Total Revenue

$9,133,957

Total Expenses

$6,176,087

Net Assets

$8,898,651

196 employees 5 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

17.3 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 13.6%

Expenses ↑ 10.6%

Revenue Sources

Contributions 36.9% Earned revenue 61.4% Other 2.0%

Expense Breakdown

Program 84.2% Management 15.8%

Officers & Key Employees (11)

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Grants Received (1)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$9,133,957 ↑	$6,176,087	$8,898,651
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$5,425,302 ↑	$5,184,990	$3,481,148
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$5,396,381 ↑	$4,576,776	$3,240,836
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$4,960,851 ↑	$4,178,387	$2,421,231
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$3,752,876 ↓	$4,336,759	$1,638,767
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$4,269,813	$4,030,247	$1,935,851