MISSISSIPPI STATE UNIVERSITY RESEARCH AND TECHNOLOGY CORP: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: MISSISSIPPI STATE UNIVERSITY RESEARCH AND TECHNOLOGY CORP (EIN 64-0923875)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-01-23
IRS object ID: 202300239349300410
Schema version: 2021v4.2
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 D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-01-23T08:22:53-06:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	640575804	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	T E LOTT & COMPANY CPA'S	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 80282	AddressLine1Txt
City	STARKVILLE	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	397590282	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	640923875	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MISSISSIPPI STATE UNIVERSITY	BusinessNameLine1Txt
Business Name Line2	RESEARCH & TECHNOLOGY CORPORATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	MISS	BusinessNameControlTxt
Phone	6623256849	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 6343	AddressLine1Txt
City	MISSISSIPPI STATE	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39762	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARC MCGEE	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	6623256849	PhoneNum
Signature	2022-12-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARC	PersonFirstNm
Person Last	MCGEE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KATHERINE W LITTLE CPA	PreparerPersonNm
PTIN	P01022250	PTIN
Phone	6623231234	PhoneNum
Preparation	2022-12-12	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-03-07 01:45:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARC MCGEE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 6343	AddressLine1Txt
City	MISSISSIPPI STATE	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39762	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,819,155	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1997	FormationYr
Legal Domicile State	MS	LegalDomicileStateCd
Activity Or Mission	ENCOURAGE & PROMOTE NEW TECHNOLOGIES & RESEARCH BY WORKING WITH BUSINESS, INDUSTRY AND MSU.	ActivityOrMissionDesc
Voting Members Governing Body	10	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$883,507	PYContributionsGrantsAmt
CY Contributions Grants	$834,365	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$16,053	PYInvestmentIncomeAmt
CY Investment Income	$10,655	CYInvestmentIncomeAmt
PY Other Revenue	$3,021,889	PYOtherRevenueAmt
CY Other Revenue	$2,974,135	CYOtherRevenueAmt
PY Total Revenue	$3,921,449	PYTotalRevenueAmt
CY Total Revenue	$3,819,155	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$229,704	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$303,937	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,480,047	PYOtherExpensesAmt
CY Other Expenses	$3,315,521	CYOtherExpensesAmt
PY Total Expenses	$3,709,751	PYTotalExpensesAmt
CY Total Expenses	$3,619,458	CYTotalExpensesAmt
PY Revenues Less Expenses	$211,698	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$199,697	CYRevenuesLessExpensesAmt
Total Assets BOY	$34,597,570	TotalAssetsBOYAmt
Total Assets EOY	$38,851,102	TotalAssetsEOYAmt
Total Liabilities BOY	$27,365,629	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$31,448,163	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,231,941	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$7,402,939	NetAssetsOrFundBalancesEOYAmt
Mission	TO ENCOURAGE AND PROMOTE NEW TECHNOLOGIES AND RESEARCH BY WORKING WITH BUSINESS, INDUSTRY AND MISSISSIPPI STATE UNIVERSITY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$3,116,037	ExpenseAmt
Revenue	$1,919,650	RevenueAmt
Desc	BUILDING AND MAINTENANCE TO MAINTAIN THE UPKEEP OF BUILDINGS CONSTRUCTED FOR THE PURPOSE OF HOUSING RESEARCH AND DEVELOPMENT ACTIVITIES	Desc
Total Program Service Expenses	$3,116,037	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	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	0	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	0	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	0	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	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
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	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	10	GoverningBodyVotingMembersCnt
Independent Voting Member	10	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	0	MembersOrStockholdersInd
Election Of Board Members	0	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	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARC MCGEE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6623256849	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 6171	AddressLine1Txt
City	MISSISSIPPI STATE	CityNm
State Abbreviation	MS	StateAbbreviationCd
ZIP	39762	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MARC MCGEE
DIRECTOR	40.00	Yes (X)	Yes (X)	$0	$187,211	$0
CAMILLE YOUNG
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
BEN MONCRIEF
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
JOHN RUSH
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
DAVID SHAW
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
GREG HINKEBEIN
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
KENT BLOODWORTH
BOARD MEMBER	0.00	Yes (X)		$0	$0	$0
JULIE JORDAN
PRESIDENT	0.00		Yes (X)	$0	$0	$0
KEITH COBLE
VICE PRESIDENT	0.00		Yes (X)	$0	$0	$0
DON ZANT
TREASURER	0.00		Yes (X)	$0	$0	$0
JOAN LUCAS
SECRETARY/GENERAL COUNSEL	0.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$187,211	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$806,531	GovernmentGrantsAmt
All Other Contributions	$27,834	AllOtherContributionsAmt
Total Contributions	$834,365	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,150	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,150	RelatedOrExemptFuncIncomeAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$100	TotalRevenueColumnAmt
Related Or Exempt Func Income	$100	RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,919,650	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,919,650	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,919,650	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,919,650	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$1,505	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$1,505	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,505	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,505	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,054,385	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,054,385	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,054,385	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,819,155	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,984,790	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$303,937	TotalAmt
Management And General	$303,937	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$26,433	TotalAmt
Program Services	$2,414	ProgramServicesAmt
Management And General	$24,019	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$24,079	TotalAmt
Program Services	$12,315	ProgramServicesAmt
Management And General	$11,764	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$317,297	TotalAmt
Program Services	$317,297	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,811	TotalAmt
Management And General	$4,811	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$95,843	TotalAmt
Program Services	$95,843	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,161,458	TotalAmt
Program Services	$1,161,458	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$69,484	TotalAmt
Program Services	$44,209	ProgramServicesAmt
Management And General	$25,275	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
UTILITIES	$1,069,946	$1,069,946
FACILITIES AND EQUIPMEN	$230,757	$230,757
LANDSCAPING	$141,090	$141,090
TAXES	$101,963		$101,963

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$72,360	TotalAmt
Program Services	$40,708	ProgramServicesAmt
Management And General	$31,652	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,619,458	TotalAmt
Program Services	$3,116,037	ProgramServicesAmt
Management And General	$503,421	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,927,050	BOYAmt
EOY	$1,738,998	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$191,228	BOYAmt
EOY	$239,845	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$27,623	BOYAmt
EOY	$5,403	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$32,340	BOYAmt
EOY	$37,561	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$49,051,587	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$12,299,066	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$32,370,932	BOYAmt
EOY	$36,752,521	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$40,007	BOYAmt
EOY	$67,508	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$8,390	BOYAmt
EOY	$9,266	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$34,597,570	BOYAmt
EOY	$38,851,102	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$152,244	BOYAmt
EOY	$857,714	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$85,720	BOYAmt
EOY	$87,233	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$4,989,784	BOYAmt
EOY	$8,927,232	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$1,722,957	BOYAmt
EOY	$1,693,093	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$20,414,924	BOYAmt
EOY	$19,882,891	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$27,365,629	BOYAmt
EOY	$31,448,163	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	$7,231,941	BOYAmt
EOY	$7,402,939	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,231,941	BOYAmt
EOY	$7,402,939	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$34,597,570	BOYAmt
EOY	$38,851,102	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$199,697	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$28,699	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
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)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,614,400	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,008,388	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$960,756	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$883,507	CurrentTaxYearMinus1YearAmt
Current Tax Year	$806,865	CurrentTaxYearAmt
Total	$5,273,916	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,282,635	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,646,017	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,143,671	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,103,747	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,919,650	CurrentTaxYearAmt
Total	$9,095,720	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,897,035	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,654,405	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,104,427	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,987,254	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,726,515	CurrentTaxYearAmt
Total	$14,369,636	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$14,369,636	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$35,089	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$59,053	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$40,702	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,053	CurrentTaxYearMinus1YearAmt
Current Tax Year	$9,150	CurrentTaxYearAmt
Total	$160,047	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$35,089	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$59,053	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$40,702	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,053	CurrentTaxYearMinus1YearAmt
Current Tax Year	$9,150	CurrentTaxYearAmt
Total	$160,047	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$752,685	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$904,300	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$876,970	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$918,142	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,054,385	CurrentTaxYearAmt
Total	$4,506,482	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,684,809	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,617,758	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,022,099	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,921,449	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,790,050	CurrentTaxYearAmt
Total	$19,036,165	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.75490	PublicSupportCY509Pct
Public Support PY509	0.77800	PublicSupportPY509Pct
Investment Income CY	0.00840	InvestmentIncomeCYPct
Investment Income PY	0.00870	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$2,480,118	InvestmentCostOrOtherBasisAmt
Book Value	$2,480,118	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$38,133,839	InvestmentCostOrOtherBasisAmt
Depreciation	$10,157,420	DepreciationAmt
Book Value	$27,976,419	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$3,142,794	InvestmentCostOrOtherBasisAmt
Depreciation	$1,672,084	DepreciationAmt
Book Value	$1,470,710	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$580,046	InvestmentCostOrOtherBasisAmt
Depreciation	$469,562	DepreciationAmt
Book Value	$110,484	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$4,714,790	InvestmentCostOrOtherBasisAmt
Book Value	$4,714,790	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$36,752,521	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
SECURITY DEPOSITS	$325
DEFERRED GRANT INCOME	$19,882,566

Field	Value	IRS element (for citing)
Total Liability	$19,882,891	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,819,155	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$3,819,155	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,819,155	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,648,157	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$3,648,157	ExpensesSubtotalAmt
Other Expenses Not Included	-$28,699	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	-$28,699	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,619,458	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	ASC TOPIC 740, INCOME TAXES, PROVIDES GUIDANCE ON FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN TAX RETURNS. ASC TOPIC 740 REQUIRES AN EVALUATION OF TAX POSITIONS TO DETERMINE IF THE TAX POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINABLE UPON EXAMINATION BY THE APPROPRIATE TAX AUTHORITY. THE CORPORATION, AT JUNE 30, 2022, HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	BOOK/TAX GAIN DIFFERENCE
PART XII, LINE 4B - OTHER ADJUSTMENTS:	BOOK/TAX DEPRECIATION DIFFERENCE -28,699. UNRECONCILED DIFFERENCE

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	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	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	MARC MCGEE	PersonNm
Title	DIRECTOR	TitleTxt
Base Compensation Filing Org	$0	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$187,211	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$0	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$0	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$187,211	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE MANAGER IS GIVEN THE AUTHORITY BY THE BOARD OF DIRECTORS TO REVIEW THE 990 WITH THE CPA.
FORM 990, PART VI, SECTION C, LINE 19	THE CORPORATION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON REQUEST, IN ITS OFFICE.
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC	JULIE JORDAN - P.O. BOX 9800, MISSISSIPPI STATE, MS 39762. KEITH COBLE - P.O. BOX 6343, MISSISSIPPI STATE, MS 39762. DON ZANT - P.O. BOX 6018, MISSISSIPPI STATE, MS 39762. JOAN LUCAS - P.O. BOX 6171, MISSISSIPPI STATE, MS 39762. MARC MCGEE - 100 RESEARCH BLVD, SUITE 105, STARKVILLE, MS 39759. JOHN RUSH - P O BOX 6149, MISSISSIPPI STATE, MS 39762.
FORM 990, PART XI, LINE 9:	TAX DEPRECIATION DIFFERENCE -28,699.
FORM 990, PART XI, LINE 2C	BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT AND SELECTION OF THE INDEPENDENT AUDITOR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Controlled OrganizationControlledOrganizationInd
MISSISSIPPI STATE UNIVERSITY
617 ALLEN HALL	MISSISSIPPI STATE	MS	39762	646000819	SUPPORT OF RESEARCH, TECHNOLOGICAL DEVELOPMENT AND ECONOMIC GROWTH	MS	501	0
MISSISSIPPI STATE UNIVERSITY ASSURE RESEARCH AND DEVELOPMENT
PO BOX 6343	MISSISSIPPI STATE	MS	39762	813934085	SUPPORT OF RESEARCH, TECHNOLOGICAL DEVELOPMENT AND ECONOMIC GROWTH	MS	501	0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (1)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	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	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
MSU ADVANCED RESEARCH & DEVELOPMENT CORPORATION
D	$5,403	FMV
MSU ADVANCED RESEARCH & DEVELOPMENT CORPORATION
A	$876	FMV