OLE MISS ATHLETICS FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- OLE MISS ATHLETICS FOUNDATION (EIN 64-0474850)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-04-10
- IRS object ID
- 202501009349300735
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-10T15:20:02-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 593204548 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES MOORE & CO PL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5931 NW 1ST PL | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 326072063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640474850 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OLE MISS ATHLETIC FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OLEM | BusinessNameControlTxt |
| Phone | 6629157159 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1519 | AddressLine1Txt |
| City | OXFORD | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 386551519 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DENSON HOLLIS | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6629157159 | PhoneNum |
| Signature | 2025-04-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEN KURDZIEL | PreparerPersonNm |
| PTIN | P00060407 | PTIN |
| Phone | 3523781331 | PhoneNum |
| Preparation | 2025-04-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NINA JONES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1519 | AddressLine1Txt |
| City | OXFORD | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 386551519 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $51,556,974 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GIVETOATHLETICS.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING DIRECT AND INDIRECT FUNDING FOR SCHOLARSHIPS, FACILITIES, SALARY SUPPLEMENTS, AND OTHER SUPPORT FOR THE UNIVERSITY OF MISSISSIPPI DEPARTMENT OF INTERCOLLEGIATE ATHLETICS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 99 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $49,231,876 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,100,925 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $24,414,955 | CYProgramServiceRevenueAmt |
| PY Investment Income | $559,639 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,168,005 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $871,977 | CYOtherRevenueAmt |
| PY Total Revenue | $49,791,515 | PYTotalRevenueAmt |
| CY Total Revenue | $42,555,862 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,897,417 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,228,281 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,906,135 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,234,103 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,347,195 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,622,782 | PYOtherExpensesAmt |
| CY Other Expenses | $15,261,710 | CYOtherExpensesAmt |
| PY Total Expenses | $40,426,334 | PYTotalExpensesAmt |
| CY Total Expenses | $53,724,094 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,365,181 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$11,168,232 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $136,259,415 | TotalAssetsBOYAmt |
| Total Assets EOY | $126,151,185 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $65,075,131 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $66,120,472 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $71,184,284 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $60,030,713 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDING DIRECT AND INDIRECT FUNDING FOR SCHOLARSHIPS, FACILITIES, SALARY SUPPLEMENTS, AND OTHER SUPPORT FOR THE UNIVERSITY OF MISSISSIPPI DEPARTMENT OF INTERCOLLEGIATE ATHLETICS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $50,508,324 | ExpenseAmt |
| Grant | $18,228,281 | GrantAmt |
| Revenue | $25,186,735 | RevenueAmt |
| Desc | THE ORGANIZATION PROVIDED FINANCIAL SUPPORT TO THE UNIVERSITY OF MISSISSIPPI FOR MAJOR FACILITIES CONSTRUCTION AND IMPROVEMENTS ON THE CAMPUS DURING THIS FISCAL YEAR. THE ORGANIZATION ALSO PROVIDED SIGNIFICANT SALARY SUPPLEMENTS TO UNIVERSITY STAFF MEMBERS AND BOTH DIRECTLY AND INDIRECTLY SUPPORTED THE UNIVERSITY WITH FUNDING FOR SCHOLARSHIPS AND OTHER SUPPORT FOR THE UNIVERSITY'S ATHLETIC PROGRAMS AND SCHOLAR ATHLETES. | Desc |
| Total Program Service Expenses | $50,508,324 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 100 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 99 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NINA JONES | PersonNm |
| Phone | 6629157159 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1519 | AddressLine1Txt |
| City | OXFORD | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38655 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| DON FRUGE | |||||||||
| CHAIRMAN | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CAL MAYO | |||||||||
| PRESIDENT | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARY SHARP RAYNER | |||||||||
| VICE PRESIDENT | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL GLENN | |||||||||
| VICE PRESIDENT | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PETER ROSS | |||||||||
| VICE PRESIDENT | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAVID BLACKBURN | |||||||||
| SECRETARY | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DENSON HOLLIS | |||||||||
| CEO | 50.00 | 0.00 | Yes (X) | $174,793 | $0 | $43,858 | |||
| NINA JONES | |||||||||
| TREASURER/CFO | 50.00 | 0.00 | Yes (X) | $99,189 | $0 | $28,860 | |||
| CHRISTOPHER BEARD | |||||||||
| COACH | 0.00 | 50.00 | $2,384,756 | $257,673 | $48,695 | Yes (X) | |||
| MICHAEL BIANCO | |||||||||
| COACH | 0.00 | 50.00 | $1,365,000 | $308,231 | $61,232 | Yes (X) | |||
| KEITH CARTER | |||||||||
| VICE CHANCELLOR FOR INTERCOLLEGIATE ATHLETICS | 10.00 | 40.00 | $300,000 | $1,183,008 | $55,271 | Yes (X) | |||
| MONTE LANE KIFFIN | |||||||||
| COACH | 0.00 | 50.00 | $8,983,907 | $318,762 | $55,117 | Yes (X) | |||
| MATTHEW MCLAUGHLIN | |||||||||
| ASSOCIATE AD FOR DEVELOPMENT/CDO | 50.00 | 0.00 | $126,350 | $0 | $29,469 | Yes (X) | |||
| JOHN KERMIT DAVIS | |||||||||
| FORMER COACH | 0.00 | 0.00 | $4,512,810 | $661,826 | $669,364 | Yes (X) | |||
| YOLETT MCPHEE-MCCUIN | |||||||||
| COACH (FORMER OMAF HCE) | 0.00 | 50.00 | $0 | $1,106,947 | $55,435 | Yes (X) | |||
| CHRIS PARTRIDGE | |||||||||
| FORMER COACH | 0.00 | 50.00 | $0 | $1,005,818 | $41 | Yes (X) | |||
| CHARLIE WEIS | |||||||||
| FORMER COACH | 0.00 | 50.00 | $0 | $1,411,830 | $59,613 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $17,946,805 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $6,254,095 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,106,955 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WILLIAM H ROARK | |||||
| 3929 SENATOR STREET | MEMPHIS | TN | 38118 | CONSTRUCTION | $2,897,147 |
| FORTY NINE DEGREES LLC | |||||
| 149 HARVEST DRIVE | COLDWATER | OH | 45828 | GRAPHICS SERVICES | $1,165,470 |
| PACIOLAN A-L TIER II | |||||
| PO BOX 824841 | PHILADELPHIA | PA | 19182 | SOFTWARE SERVICES | $968,345 |
| BUSH MASONRY LLC | |||||
| 3705 CLASSIC DRIVE SOUTH | MEMPHIS | TN | 38125 | CONSTRUCTION | $460,206 |
| DC SERVICES | |||||
| 25 CR 122 | OXFPRD | MS | 38655 | CONSTRUCTION | $125,128 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $199,790 | MembershipDuesAmt |
| All Other Contributions | $15,901,135 | AllOtherContributionsAmt |
| Noncash Contributions | $3,158,249 | NoncashContributionsAmt |
| Total Contributions | $16,100,925 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERSHIP REVENUE | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $24,414,955 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $24,414,955 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $24,414,955 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,077,322 | TotalRevenueColumnAmt |
| Exclusion | $1,077,322 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $100,197 | TotalRevenueColumnAmt |
| Exclusion | $100,197 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,091,795 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,001,112 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $90,683 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $90,683 | TotalRevenueColumnAmt |
| Exclusion | $90,683 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ATHLETICS RESTRICTED REVENUE | 611310 | $495,614 | $495,614 |
| GAMEDAY RV PARKING | 611310 | $147,341 | $147,341 |
| GROVE TENT VENDORS | 611310 | $128,825 | $128,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $771,780 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,555,862 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,186,735 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,268,202 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,228,281 | TotalAmt |
| Program Services | $18,228,281 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,452 | TotalAmt |
| Management And General | $176,726 | ManagementAndGeneralAmt |
| Fundraising | $176,726 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,025,553 | TotalAmt |
| Program Services | $14,810,260 | ProgramServicesAmt |
| Management And General | $233,628 | ManagementAndGeneralAmt |
| Fundraising | $981,665 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $331,460 | TotalAmt |
| Management And General | $71,029 | ManagementAndGeneralAmt |
| Fundraising | $260,431 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,521 | TotalAmt |
| Program Services | $171,624 | ProgramServicesAmt |
| Management And General | $5,142 | ManagementAndGeneralAmt |
| Fundraising | $40,755 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,306,117 | TotalAmt |
| Program Services | $3,187,969 | ProgramServicesAmt |
| Management And General | $29,537 | ManagementAndGeneralAmt |
| Fundraising | $88,611 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,578 | TotalAmt |
| Management And General | $12,578 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,313 | TotalAmt |
| Management And General | $45,313 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,263 | TotalAmt |
| Program Services | $87,263 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,405 | TotalAmt |
| Program Services | $144,350 | ProgramServicesAmt |
| Fundraising | $58,055 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,349 | TotalAmt |
| Management And General | $40,484 | ManagementAndGeneralAmt |
| Fundraising | $40,865 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $914,831 | TotalAmt |
| Program Services | $739,114 | ProgramServicesAmt |
| Management And General | $114,963 | ManagementAndGeneralAmt |
| Fundraising | $60,754 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,039,994 | TotalAmt |
| Program Services | $1,039,994 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,971 | TotalAmt |
| Program Services | $5,971 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,069 | TotalAmt |
| Fundraising | $171,069 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,661 | TotalAmt |
| Management And General | $22,661 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,966,397 | TotalAmt |
| Program Services | $2,966,397 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,099,148 | TotalAmt |
| Program Services | $3,082,618 | ProgramServicesAmt |
| Management And General | $4,132 | ManagementAndGeneralAmt |
| Fundraising | $12,398 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,382 | TotalAmt |
| Management And General | $112,382 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| PROVISION FOR UNCOLLECT | $2,686,265 | $2,686,265 | |
| PRIORITY SEATING AND GA | $2,325,076 | $2,325,076 | |
| GIFTS IN-KIND EXPENSE A | $876,245 | $876,245 | |
| PHILANTHROPIC EVENTS | $307,144 | $307,144 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,619 | TotalAmt |
| Program Services | $156,897 | ProgramServicesAmt |
| Fundraising | $148,722 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,724,094 | TotalAmt |
| Program Services | $50,508,324 | ProgramServicesAmt |
| Management And General | $868,575 | ManagementAndGeneralAmt |
| Fundraising | $2,347,195 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,707,361 | BOYAmt |
| EOY | $16,080,519 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,825,097 | BOYAmt |
| EOY | $45,476,593 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,785,506 | BOYAmt |
| EOY | $141,312 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $304,273 | BOYAmt |
| EOY | $98,689 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $87,719,939 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $26,624,164 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,444,169 | BOYAmt |
| EOY | $61,095,775 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,016,195 | BOYAmt |
| EOY | $781,785 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,295,561 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $572,957 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,176,814 | BOYAmt |
| EOY | $607,994 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,259,415 | BOYAmt |
| EOY | $126,151,185 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,638,121 | BOYAmt |
| EOY | $3,789,592 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,199 | BOYAmt |
| EOY | $20,599 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,608,016 | BOYAmt |
| EOY | $56,665,465 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,787,795 | BOYAmt |
| EOY | $5,644,816 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,075,131 | BOYAmt |
| EOY | $66,120,472 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,826,550 | BOYAmt |
| EOY | $9,794,215 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,357,734 | BOYAmt |
| EOY | $50,236,498 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,184,284 | BOYAmt |
| EOY | $60,030,713 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,259,415 | BOYAmt |
| EOY | $126,151,185 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$11,168,232 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $14,661 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,088,279 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,102,554 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,371,150 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $49,231,876 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,100,925 | CurrentTaxYearAmt |
| Total | $192,894,784 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,088,279 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,102,554 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,371,150 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $49,231,876 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,100,925 | CurrentTaxYearAmt |
| Total | $192,894,784 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $9,989,306 | SubstantialContributorsTotAmt |
| Public Support Total170 | $182,905,478 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $188,919 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $198,407 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $272,017 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $559,639 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,177,519 | CurrentTaxYearAmt |
| Total | $2,396,501 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $195,291,285 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $25,186,735 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.93660 | PublicSupportCY170Pct |
| Public Support PY170 | 0.94950 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,380,135 | BeginningYearBalanceAmt |
| Contributions | $8,250 | ContributionsAmt |
| Investment Earnings Or Losses | $115,212 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $69,637 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $20,199 | AdministrativeExpensesAmt |
| End Year Balance | $1,413,761 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,370,822 | BeginningYearBalanceAmt |
| Contributions | $10,250 | ContributionsAmt |
| Investment Earnings Or Losses | $124,741 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $76,159 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $47,207 | AdministrativeExpensesAmt |
| End Year Balance | $1,380,135 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,687,126 | BeginningYearBalanceAmt |
| Contributions | $6,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$235,719 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $71,765 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $14,820 | AdministrativeExpensesAmt |
| End Year Balance | $1,370,822 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,398,189 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $372,044 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,734 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $22,373 | AdministrativeExpensesAmt |
| End Year Balance | $1,687,126 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,394,074 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $76,489 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $62,056 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $10,318 | AdministrativeExpensesAmt |
| End Year Balance | $1,398,189 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $73,211,088 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,044,453 | DepreciationAmt |
| Book Value | $56,166,635 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,508,851 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,579,711 | DepreciationAmt |
| Book Value | $4,929,140 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $61,095,775 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO UNIVERSITY OF MISSISSIPPI | $5,071,859 |
| OPERATING LEASE LIABILITY | $572,957 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,644,816 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $43,459,610 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $14,661 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $976,350 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $991,011 | RevenueNotReportedAmt |
| Revenue Subtotal | $42,468,599 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $87,263 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $87,263 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $42,555,862 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $54,613,181 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $976,350 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $976,350 | ExpensesNotReportedAmt |
| Expenses Subtotal | $53,636,831 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $87,263 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $87,263 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $53,724,094 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | TO SUPPORT UNIVERSITY OF MISSISSIPPI ATHLETIC DEPARTMENT OPERATIONS AND SCHOLARSHIPS FOR ATHLETES. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501 (A) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED UNDER SECTION 501(C)(3) AS A PUBLIC CHARITY. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. IN ADDITION, THE FOUNDATION, AT JUNE 30, 2024 AND 2023, HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2024, PERIODS FOR TAX YEARS 2023, 2022, AND 2021 REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE FOUNDATION IS SUBJECT. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MISSISSIPPI | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 216 LYCEUM | AddressLine1Txt |
| City | UNIVERSITY | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 646001159 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $18,228,281 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | FUNDING FOR ATHLETICS SUPPORT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT FUNDS ARE TRANSFERRED TO, OR SPENT ON BEHALF OF, THE UNIVERSITY OF MISSISSIPPI, THE SUPPORTED ORGANIZATION. EACH YEAR A BUDGET IS APPROVED BY BOTH THE UNIVERSITY AND THE FOUNDATION AND MONITORED THROUGHOUT THE YEAR. DUAL APPROVAL BY BOTH THE UNIVERSITY AND FOUNDATION IS REQUIRED BEFORE PAYMENTS ARE MADE OR EXPENSES INCURRED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MONTE LANE KIFFIN | ||||||||||||||
| COACH | $8,633,907 | $318,762 | $350,000 | $0 | $0 | $0 | $0 | $48,119 | $0 | $6,998 | $8,983,907 | $373,879 | $0 | $0 |
| JOHN KERMIT DAVIS | ||||||||||||||
| FORMER COACH | $713,135 | $0 | $75,000 | $0 | $3,724,675 | $661,826 | $0 | $0 | $669,364 | $0 | $5,182,174 | $661,826 | $0 | $0 |
| CHRISTOPHER BEARD | ||||||||||||||
| COACH | $2,379,356 | $257,673 | $0 | $0 | $5,400 | $0 | $0 | $43,914 | $0 | $4,781 | $2,384,756 | $306,368 | $0 | $0 |
| MICHAEL BIANCO | ||||||||||||||
| COACH | $1,315,000 | $308,231 | $50,000 | $0 | $0 | $0 | $0 | $48,119 | $0 | $13,113 | $1,365,000 | $369,463 | $0 | $0 |
| KEITH CARTER | ||||||||||||||
| VICE CHANCELLOR FOR INTERCOLLEGIATE | $300,000 | $1,183,008 | $0 | $0 | $0 | $0 | $0 | $48,352 | $0 | $6,919 | $300,000 | $1,238,279 | $0 | $0 |
| CHARLIE WEIS | ||||||||||||||
| FORMER COACH | $0 | $1,411,830 | $0 | $0 | $0 | $0 | $0 | $48,352 | $0 | $11,261 | $0 | $1,471,443 | $0 | $0 |
| YOLETT MCPHEE-MCCUIN | ||||||||||||||
| COACH (FORMER OMAF HCE) | $0 | $1,106,947 | $0 | $0 | $0 | $0 | $0 | $48,352 | $0 | $7,083 | $0 | $1,162,382 | $0 | $0 |
| CHRIS PARTRIDGE | ||||||||||||||
| FORMER COACH | $0 | $1,005,818 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41 | $0 | $1,005,859 | $0 | $0 |
| DENSON HOLLIS | ||||||||||||||
| CEO | $154,368 | $0 | $14,425 | $0 | $6,000 | $0 | $29,510 | $0 | $14,348 | $0 | $218,651 | $0 | $0 | $0 |
| MATTHEW MCLAUGHLIN | ||||||||||||||
| ASSOCIATE AD FOR DEVELOPMENT/CDO | $121,550 | $0 | $4,800 | $0 | $0 | $0 | $22,341 | $0 | $7,128 | $0 | $155,819 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FIRST CLASS TRAVEL AND TRAVEL FOR COMPANIONS ARE PROVIDED TO CERTAIN COACHES AND INCLUDED IN THEIR TAXABLE COMPENSATION. SOCIAL CLUB DUES ARE PROVIDED TO CERTAIN COACHES AND OFFICERS OF THE FOUNDATION AND INCLUDED IN THEIR TAXABLE COMPENSATION. |
| PART I, LINE 4A | JOHN KERMIT DAVIS, TOTAL SEVERANCE PAYMENTS OF $4,294,154 |
| PART I, LINE 7 | THE COACHES' INCENTIVE COMPENSATION CONTRACTS ARE BASED ON TEAM ACCOMPLISHMENTS. SEVERANCE PAYMENTS TO FORMER COACHES ARE BASED ON CONTRACTS. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 93 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,382,004 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GAME MERCHANDISE | Desc |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $776,245 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE NUMBER OF CONTRIBUTIONS IS REPORTED ON SCHEDULE M. |
| PART I, LINE 32B: | A BROKERAGE FIRM PROCESSES AND SELLS STOCK GIFTS AND A REAL ESTATE FIRM SELLS REAL PROPERTY GIFTS, IF ANY. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V LINE 15: | THE ORGANIZATION MADE PAYMENTS TO EMPLOYEES DURING THE YEAR THAT ARE SUBJECT TO SECTION 4960 WHICH IMPOSES AN EXCISE TAX ON THE AMOUNT OF REMUNERATION IN EXCESS OF $1 MILLION PAID BY AN APPLICABLE TAX-EXEMPT ORGANIZATION TO A COVERED EMPLOYEE. PER NOTICE 2019-09, THE UNIVERSITY OF MISSISSIPPI FEIN #64-6001159 AS THE COMMON-LAW EMPLOYER FOR THE COVERED EMPLOYEES HAS REPORTED THE EXCESS COMPENSATION ON FORM 4720 AND PAID THE EXCISE TAX DUE. |
| FORM 990, PART VI, SECTION A, LINE 1A | EXECUTIVE AND OTHER COMMITTEES: THE BOARD, BY RESOLUTION, MAY CREATE AN EXECUTIVE COMMITTEE AND/OR ONE (I) OR MORE OTHER COMMITTEES AND APPOINT FROM AMONG ITS MEMBERS TWO (2) OR MORE GOVERNORS TO SERVE AS THE MEMBERS OF EACH SUCH COMMITTEE AT THE PLEASURE OF THE BOARD, AND EACH SUCH COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD TO THE EXTENT SPECIFIED EITHER IN SUCH RESOLUTION OR AMENDMENTS THERETO, CONSISTENT WITH THE LAWS OF THE STATE OF MISSISSIPPI, OR IN THE ARTICLES. THE REQUIREMENTS OF THESE BYLAWS AND THE ARTICLES GOVERNING MEETINGS, ACTION WITHOUT MEETINGS, NOTICE AND WAIVER OF NOTICE, AND QUORUM AND VOTING REQUIREMENTS OF THE BOARD, APPLY TO SUCH COMMITTEES AND THEIR MEMBERS AS WELL. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THIS CORPORATION SHALL BE THE VICE CHANCELLOR OF INTERCOLLEGIATE ATHLETICS OF THE UNIVERSITY OF MISSISSIPPI, THE CHANCELLOR OF THE UNIVERSITY OF MISSISSIPPI, THE VICE-CHANCELLOR FOR ADMINISTRATION AND FINANCE AT THE UNIVERSITY OF MISSISSIPPI, THE PRESIDENT/CEO OF THE UNIVERSITY OF MISSISSIPPI FOUNDATION, THE VICE CHANCELLOR FOR DEVELOPMENT OF THE UNIVERSITY OF MISSISSIPPI, THE EXECUTIVE DIRECTOR OF ALUMNI AFFAIRS OF THE UNIVERSITY OF MISSISSIPPI AND THE CHAIR OF THE COMMITTEE ON INTERCOLLEGIATE ATHLETICS OF THE UNIVERSITY OF MISSISSIPPI. SUCH PERSONS SHALL SERVE AS MEMBERS FOR SO LONG AS THEY OCCUPY THEIR OFFICES. NO OTHER PERSONS MAY BE ADMITTED AS MEMBERS OF THE CORPORATION WITHOUT THE APPROVAL OF THE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | GOVERNORS ARE ELECTED BY THE AFFIRMATIVE VOTE OF THE MEMBERS REPRESENTED, VOTING AND ENTITLED TO VOTE IN THE ELECTION AT A MEETING AT WHICH A QUORUM IS PRESENT (WHICH AFFIRMATIVE VOTES ALSO CONSTITUTE A MAJORITY OF THE REQUIRED QUORUM). CUMULATIVE VOTING IS PROHIBITED. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE ORGANIZATION'S FORM 990 IS PROVIDED TO THE CHIEF EXECUTIVE OFFICER AND THE BOARD FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | DISCLOSURES ARE REQUIRED TO BE UPDATED ANNUALLY WITH STATEMENTS THAT ASSURE NO CONFLICTS OF INTEREST OR PROVIDE THE FULL DESCRIPTIONS OF ANY POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO/CFO'S COMPENSATION IS DETERMINED BY THE ATHLETICS DIRECTOR AND THE BOARD OF GOVERNORS. COMPENSATION IS DETERMINED USING A COMPENSATION SURVEY AND IN CONJUNCTION WITH THE UNIVERSITY OF MISSISSIPPI AND ITS COMPENSATION POLICIES. OTHER EMPLOYEE COMPENSATION IS DETERMINED BY THE CFO/CEO AND IS APPROVED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS AND FORMS 990 ARE AVAILABLE ONLINE AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ALUMNI ASSOCIATION OF THE UNIVERSITY OF MISSISSIPPI | |||||||||||
| 651 GROVE LOOP | OXFORD | MS | 38655 | 646024995 | ENHANCE COMMUNICATIONS AND RELATIONSHIPS WITH ALUMNI/FACULTY/STAFF/STUDENTS | MS | 501(C)(3) | LINE 2 | N/A | 0 | |
| UNIVERSITY OF MISSISSIPPI EDUCATIONAL BUILDING CORPORATION | |||||||||||
| 216 LYCEUM | UNIVERSITY | MS | 38677 | 640761480 | ACQUIRE, CONSTRUCT, MAINTAIN, AND IMPROVE UNVIERSITY FACILITIES | MS | 501(C)(3) | LINE 5 | 0 | UNIVERSITY OF MISSISSIPPI | |
| UNIVERSITY OF MISSISSIPPI FOUNDATION | |||||||||||
| 406 UNIVERSITY AVENUE | OXFORD | MS | 38655 | 237310293 | UNIVERSITY SUPPORT | MS | 501(C)(3) | LINE 11 | N/A | 0 | |
| UNIVERSITY OF MISSISSIPPI | |||||||||||
| 216 LYCEUM | UNIVERSITY | MS | 38677 | 646001159 | PUBLIC UNIVERSITY | MS | 501(C)(3) | LINE 10 | N/A | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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