MISSISSIPPI STATE UNIVERSITY RESEARCH AND TECHNOLOGY CORP: Form 990, tax year 2020
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- Organization
- MISSISSIPPI STATE UNIVERSITY RESEARCH AND TECHNOLOGY CORP (EIN 64-0923875)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2021-12-08
- IRS object ID
- 202103429349300640
- Schema version
- 2020v4.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-12-08T14:21:27-06:00 | ReturnTs |
| Tax Period End | 2021-06-30 | 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 | 2020-07-01 | 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 | 2021-11-30 | 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 | 2021-11-30 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | 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 | $3,921,449 | 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 | $960,756 | PYContributionsGrantsAmt |
| CY Contributions Grants | $883,507 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,850 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $40,702 | PYInvestmentIncomeAmt |
| CY Investment Income | $16,053 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,019,809 | PYOtherRevenueAmt |
| CY Other Revenue | $3,021,889 | CYOtherRevenueAmt |
| PY Total Revenue | $4,023,117 | PYTotalRevenueAmt |
| CY Total Revenue | $3,921,449 | 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 | $289,419 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $229,704 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,167,333 | PYOtherExpensesAmt |
| CY Other Expenses | $3,480,047 | CYOtherExpensesAmt |
| PY Total Expenses | $3,456,752 | PYTotalExpensesAmt |
| CY Total Expenses | $3,709,751 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $566,365 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $211,698 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $35,915,809 | TotalAssetsBOYAmt |
| Total Assets EOY | $34,597,570 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,859,224 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,365,629 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,056,585 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,231,941 | 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 | $3,407,775 | ExpenseAmt |
| Revenue | $2,103,747 | 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 | $3,407,775 | 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 | 0 | 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 | $140,781 | $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 | $140,781 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $883,501 | GovernmentGrantsAmt |
| All Other Contributions | $6 | AllOtherContributionsAmt |
| Total Contributions | $883,507 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,053 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,053 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,103,747 | 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 | $2,103,747 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,103,747 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,103,747 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $918,142 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $918,142 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $918,142 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,921,449 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,037,942 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,704 | TotalAmt |
| Management And General | $229,704 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685 | TotalAmt |
| Management And General | $685 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,867 | TotalAmt |
| Management And General | $16,867 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $885 | TotalAmt |
| Management And General | $885 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,437 | TotalAmt |
| Program Services | $281,437 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,098 | TotalAmt |
| Management And General | $1,098 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,789 | TotalAmt |
| Program Services | $103,789 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,162,130 | TotalAmt |
| Program Services | $1,162,130 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,383 | TotalAmt |
| Program Services | $52,796 | ProgramServicesAmt |
| Management And General | $16,587 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| UTILITIES | $861,318 | $861,318 |
| DONATED REAL ESTATE TO | $446,414 | $446,414 |
| FACILITIES AND EQUIPMEN | $256,344 | $256,344 |
| OTHER COSTS | $124,779 | $124,779 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,918 | TotalAmt |
| Program Services | $118,768 | ProgramServicesAmt |
| Management And General | $36,150 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,709,751 | TotalAmt |
| Program Services | $3,407,775 | ProgramServicesAmt |
| Management And General | $301,976 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,438,883 | BOYAmt |
| EOY | $1,927,050 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,556 | BOYAmt |
| EOY | $191,228 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,018 | BOYAmt |
| EOY | $27,623 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,710 | BOYAmt |
| EOY | $32,340 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $43,479,841 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,108,909 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,167,744 | BOYAmt |
| EOY | $32,370,932 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,007 | BOYAmt |
| EOY | $40,007 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,891 | BOYAmt |
| EOY | $8,390 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,915,809 | BOYAmt |
| EOY | $34,597,570 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,336 | BOYAmt |
| EOY | $152,244 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,342 | BOYAmt |
| EOY | $85,720 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,499,150 | BOYAmt |
| EOY | $4,989,784 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,750,524 | BOYAmt |
| EOY | $1,722,957 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,272,872 | BOYAmt |
| EOY | $20,414,924 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,859,224 | BOYAmt |
| EOY | $27,365,629 | 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 | $7,056,585 | BOYAmt |
| EOY | $7,231,941 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,056,585 | BOYAmt |
| EOY | $7,231,941 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,915,809 | BOYAmt |
| EOY | $34,597,570 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $211,698 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$36,342 | 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 | $2,124,582 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,614,400 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,008,388 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $960,756 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $883,507 | CurrentTaxYearAmt |
| Total | $6,591,633 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,140,485 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,282,635 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,646,017 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,143,671 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,103,747 | CurrentTaxYearAmt |
| Total | $8,316,555 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,265,067 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,897,035 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,654,405 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,104,427 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,987,254 | CurrentTaxYearAmt |
| Total | $14,908,188 | 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 | $14,908,188 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,526 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,089 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,053 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,702 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,053 | CurrentTaxYearAmt |
| Total | $166,423 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,526 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,089 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,053 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,702 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,053 | CurrentTaxYearAmt |
| Total | $166,423 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $634,488 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $752,685 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $904,300 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $876,970 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $918,142 | CurrentTaxYearAmt |
| Total | $4,086,585 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,915,081 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,684,809 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,617,758 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,022,099 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,921,449 | CurrentTaxYearAmt |
| Total | $19,161,196 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.77800 | PublicSupportCY509Pct |
| Public Support PY509 | 0.79000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00870 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00770 | 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 | $2,454,965 | InvestmentCostOrOtherBasisAmt |
| Book Value | $2,454,965 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $36,419,274 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $9,055,145 | DepreciationAmt |
| Book Value | $27,364,129 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,142,794 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,587,128 | DepreciationAmt |
| Book Value | $1,555,666 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $580,046 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $452,955 | DepreciationAmt |
| Book Value | $127,091 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $882,762 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $13,681 | DepreciationAmt |
| Book Value | $869,081 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $32,370,932 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS | $325 |
| DEFERRED GRANT INCOME | $20,414,599 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $20,414,924 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,921,449 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,921,449 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,921,449 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,746,097 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,746,097 | ExpensesSubtotalAmt |
| Other Expenses Not Included | -$36,346 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$36,346 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,709,751 | 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, 2021, 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 -36,346. UNRECONCILED DIFFERENCE |
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: | IMMATERIAL UNRECONCILED DIFFERENCE 4. TAX DEPRECIATION DIFFERENCE -36,346. |
| 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 (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MISSISSIPPI STATE UNIVERSITY | ||
| R | $446,414 | BOOK VALUE |
| MSU ADVANCED RESEARCH & DEVELOPMENT CORPORATION | ||
| D | $27,623 | FMV |
| MSU ADVANCED RESEARCH & DEVELOPMENT CORPORATION | ||
| A | $3,999 | FMV |
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