2018-05-14T09:25:25-05:00 2017-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2016-07-01 730579298 UNIVERSITY OF TULSA % MICHAEL D THESENVITZ UNIV 9186313244 800 S TUCKER DRIVE TULSA OK 74104 MICHAEL THESENVITZ ASSOC. VP/CONTROLLER 9186313244 2018-05-15 true Michael J Engle P00482834 8162216300 2016 2022-09-23 18:48:47Z MICHAEL D THESENVITZ 800 S TUCKER DRIVE TULSA OK 74104 376700113 false X WWW.UTULSA.EDU X 1894 OK THE UNIVERSITY OF TULSA IS A PRIVATE, INDEPENDENT DOCTORAL-DEGREE-GRANTING INSTITUTION WHOSE MISSION REFLECTS THESE CORE VALUES: (SEE SCHEDULE O) 45 44 3517 311 -547909 -591493 61999499 63560398 219472350 220537277 14953498 29067245 515151 -144521 296940498 313020399 87361720 92959947 0 0 123062075 119546204 62710 72271 5162637 93458742 81923656 303945247 294502078 -7004749 18518321 1444028217 1508005736 231992605 205254421 1212035612 1302751315 X SEE SCHEDULE O false false 241654145 91656666 192152622 INSTRUCTION - THE UNIVERSITY SERVED APPROXIMATELY 3,500 UNDERGRADUATE AND 1,200 GRADUATE STUDENTS IN FISCAL YEAR ENDING JUNE 30, 2017. THIS CATEGORY INCLUDES DIRECT INSTRUCTION COSTS AS WELL AS HOUSING, DINING, STUDENT SERVICES, ATHLETICS, AUXILIARY ACTIVITIES, AND STUDENT AID. IT ALSO INCLUDES THE PORTION OF PLANT MAINTENANCE RELATED TO EDUCATION ACTIVITIES. 6994370 50332 17092772 PUBLIC SERVICE - THIS ITEM INCLUDES 2 PUBLIC RADIO STATIONS, A SPEECH AND HEARING CLINIC, AND SEVERAL ACADEMIC JOURNALS. IT ALSO INCLUDES THE PETROLEUM ABSTRACTS DIVISION, WHICH ENGAGES IN INFORMATION TRANSFER RELATIVE TO THE OIL AND GAS KNOWLEDGE BASE. IT ALSO INCLUDES A PORTION OF PLANT MAINTENANCE RELATED TO PUBLIC SERVICE ACTIVITIES. 16241583 1252949 10743974 RESEARCH - THE INSTITUTION RECEIVES GRANTS FROM FEDERAL, STATE, AND LOCAL AGENCIES AS WELL AS FROM THE PRIVATE SECTOR. THE MAJOR PORTION OF THE INSTITUTION'S RESEARCH IS IN THE FIELDS OF PETROLEUM AND CHEMICAL ENGINEERING. IT ALSO INCLUDES A PORTION OF PLANT AND MAINTENANCE RELATED TO RESEARCH ACTIVITIES. 264890098 true true false true false false false true false true true true false true true false false true true false true false false true true false false false true true true false false false false false false false false false false true false false false true true true false false false true 465 0 true 3517 true true true false false false false true true false false false false X 45 44 true false false false false false false true true false false true true true true true true true false false OK X MICHAEL D THESENVITZ 9186312583 800 S TUCKER DRIVE TULSA OK 741043126 X STEADMAN UPHAM TRUSTEE/PRESIDENT(UNTIL 10/16) 40.0 1.0 X X 891714 0 45173 STEVEN BRADSHAW TRUSTEE 1.0 0.0 X 0 0 0 JOHN ROBERT ELMBURG TRUSTEE 1.0 0.0 X 0 0 0 JIM ADELSON TRUSTEE 1.0 0.0 X 0 0 0 BARBARA B ALLEN TRUSTEE 1.0 0.0 X 0 0 0 AH MCELROY II TRUSTEE 1.0 0.0 X 0 0 0 R MICHELLE BEALE TRUSTEE 1.0 0.0 X 0 0 0 SHARON J BELL TRUSTEE 1.0 0.0 X 0 0 0 CHARLES S MONROE TRUSTEE 1.0 0.0 X 0 0 0 JOHN B FORREST TRUSTEE 1.0 0.0 X 0 0 0 J SCOTT DICKMAN TRUSTEE 1.0 0.0 X 0 0 0 FREDERIC DORWART TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM F FISHER JR TRUSTEE 1.0 0.0 X 0 0 0 ROSS O SWIMMER TRUSTEE 1.0 0.0 X 0 0 0 KATHERINE G COYLE ESQ TRUSTEE 1.0 0.0 X 0 0 0 L DUANE WILSON TRUSTEE/CHAIRMAN 1.0 0.0 X X 0 0 0 MICHAEL D CASE TRUSTEE 1.0 0.0 X 0 0 0 PETE MEINIG TRUSTEE 1.0 0.0 X 0 0 0 E ANN GRAVES TRUSTEE 1.0 0.0 X 0 0 0 SUSIE COLLINS HENTSCHEL TRUSTEE 1.0 0.0 X 0 0 0 JAMES E WILBURN TRUSTEE 1.0 0.0 X 0 0 0 JAMES W WALLIS TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN E JACKSON TRUSTEE 1.0 0.0 X 0 0 0 CHERYL GROENENDYKE TRUSTEE 1.0 0.0 X 0 0 0 STEVEN J MALCOLM TRUSTEE 1.0 0.0 X 0 0 0 JACKIE M GRIFFIN EX OFFICIO MEMBER 1.0 0.0 X 0 0 0 ROBERT E LORTON III TRUSTEE 1.0 0.0 X 0 0 0 REV JAMES D MILLER TRUSTEE 1.0 0.0 X 0 0 0 WARREN E ROSS TRUSTEE 1.0 0.0 X 0 0 0 CLIFFON L TAULBERT TRUSTEE 1.0 0.0 X 0 0 0 BILL THOMAS TRUSTEE 1.0 0.0 X 0 0 0 SANJAY D MESHRI TRUSTEE 1.0 0.0 X 0 0 0 ROGER B COLLINS TRUSTEE 1.0 0.0 X 0 0 0 DANA S WEBER TRUSTEE 1.0 0.0 X 0 0 0 FRANK W MURPHY III TRUSTEE 1.0 0.0 X 0 0 0 R CASEY COOPER TRUSTEE 1.0 0.0 X 0 0 0 ELLEN ADELSON TRUSTEE 1.0 0.0 X 0 0 0 SUE ANN ARNALL TRUSTEE 1.0 0.0 X 0 0 0 KEITH GODDARD TRUSTEE 1.0 0.0 X 0 0 0 STEVE LARGENT TRUSTEE 1.0 0.0 X 0 0 0 ANDREW MACKAY TRUSTEE 1.0 0.0 X 0 0 0 SANFORD BURNSTEIN TRUSTEE 1.0 0.0 X 0 0 0 DAVID R EASTIN TRUSTEE 1.0 0.0 X 0 0 0 RANDI S WIGHTMAN TRUSTEE 1.0 0.0 X 0 0 0 KATIE AHRENS EX OFFICIO MEMBER 1.0 0.0 X 0 0 0 GERARD CLANCY TRUSTEE/PRESIDENT(START 11/16) 40.0 1.0 X X 453197 0 51101 MICHAEL D THESENVITZ ASSOCIATE VP AND CONTROLLER 40.0 0.0 X 146163 0 31831 DERRICK GRAGG VP AND DIRECTOR OF ATHLETICS 40.0 0.0 X 445910 0 48843 KAYLA HALE VP PLANNING AND OUTREACH 40.0 0.0 X 286817 0 22190 KEVAN BUCK VP BUSINESS AND FINANCE AND TR 40.0 1.0 X 357767 0 38928 EARL JOHNSON VP ENROLLMENT AND STUDENT SE 40.0 0.0 X 197032 0 30808 PETER J SANDMAN DIR. OF FINANCIAL SERVICES 40.0 0.0 X 79593 0 21136 ROGER N BLAIS PROVOST AND VP ACADEMIC AFFAIR 40.0 0.0 X 284190 0 40608 PHILLIP MONTGOMERY HEAD FOOTBALL COACH 40.0 0.0 X 1466466 0 51711 FRANK HAITH HEAD BASKETBALL COACH 40.0 0.0 X 1733043 0 52406 BRIAN NORWOOD ASSOCIATE HEAD FOOTBALL COACH 40.0 0.0 X 349415 0 46937 DENNIS FELTON ASSISTANT BASKETBALL COACH 40.0 0.0 X 255508 0 40233 WILLIAM YOUNG ASSISTANT FOOTBALL COACH 40.0 0.0 X 362968 0 38223 BILL BLANKENSHIP FORMER HEAD FOOTBALL COACH 0.0 0.0 X 632500 0 0 7942283 0 560128 227 true true false WITT FIALA FLANNERY AND ASSOCIATES 2815 OLIVE STREET ST LOUIS MO 63103 GROUNDS & JANITORIAL 3160487 INVESTURE LLC 126 GARRETT ST SUITE J CHARLOTTESVILLE VA 22902 INVESTMENT MGMT 2215548 GRANT THORNTON LLP 175 WEST JACKSON CHICAGO IL 60604 CONSULTING 744510 HASTINGS CHIVETTA ARCHITECTS 700 CORP PARK DR SUITE 400 STLOUIS MO 63105 ARCHITECT SERVICES 706745 PHILLIPS GOMEZ INC ONE WILLIAMS CTR SUITE 263 TULSA OK 74172 CONSULTING ENGINEERS 388942 22 139985 797012 62623401 6894758 63560398 STUDENT TUITION & FEES 611710 165165393 165165393 AUXILIARY, ATHLETICS, HOUSING 611710 27535138 27535138 RESEARCH & SPONSORED PROJECTS 611710 17092772 17092772 SALES OF EDUCATION DEPT 611710 7238630 7238630 _ 3505344 3505344 220537277 3266609 3266609 0 369597 369597 54136 35801 18335 0 18335 18335 89349923 55758606 7790681 33591317 -7790681 25800636 25800636 110082 139985 94626 15456 15456 0 0 0 0 0 0 LOSS FROM PARTNERSHIPS 525990 -547909 -547909 -547909 313020399 220537277 -547909 29470633 0 92959947 92959947 0 0 3101159 929882 1892927 278350 0 90829486 87230073 1381239 2218174 1805876 1654956 90773 60147 17905759 17458739 354091 92929 5903924 5659689 115976 128259 0 1826428 1826428 389836 389836 0 72271 72271 2557026 2557026 13107973 11516576 866427 724970 0 15847261 13947823 1001855 897583 4412320 74231 4338089 2580 2580 4831259 4603517 188305 39437 7155325 6976427 99338 79560 0 0 6788983 6788983 0 15302720 15302720 2689948 1337851 1342912 9185 ENTERTAINMENT 2995570 2021813 452502 521255 MEMBERSHIPS 1803021 1518837 243667 40517 BAD DEBT EXPENSE 1295815 809211 486604 0 EQUIPMENT RENTAL MAINTENANCE 917591 885226 32365 0 294502078 264890098 24449343 5162637 9800547 30349352 0 0 29275062 31804146 16482985 16216802 0 0 0 0 8283605 8727271 264466 261798 3710206 2876351 596429770 198864446 407494928 397565324 200669238 197611210 236110918 256178946 3492284 3559852 1384888 0 527059090 562854684 1444028217 1508005736 28682533 25139331 6623655 6622620 15346135 14855640 143193864 134896377 0 0 0 0 35894582 21234878 0 0 2251836 2505575 231992605 205254421 X 214063556 216106091 193057634 227918913 804914422 858726311 1212035612 1302751315 1444028217 1508005736 X 18518321 38620754 33576628 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 0 0 0 294502078 7998746 294502078 7998746 1000000 546462 250000 136616 false 1000000 1000000 1000000 1000000 4000000 6000000 0 0 250000 250000 250000 250000 1000000 1500000 0 0 X false 457372423 9577450 59543974 29995140 2626537 493872170 485615759 22793701 -26242522 23052264 1742251 457372423 463252199 15236562 31440150 21997784 2315368 485615759 388720125 32900138 63681342 20461672 1587734 463252199 336830460 23066814 49432229 18631147 1978231 388720125 0.10010 0.89650 0.00340 true false 35716572 35716572 429347613 106524688 322822925 49172869 33184968 15987901 42258475 25684278 16574197 39934241 33470512 6463729 397565324 HEDGE FUNDS 230727225 F PRIVATE EQUITY 25451721 F 256178946 DEPOSITS WITH BOND TRUSTEE 15775096 FUNDS HELD IN TRUST BY OTHERS 547079588 562854684 0 DEPOSITS PAYABLE 2505575 2505575 SCHEDULE D, PART III, LINE 1A BOOK COLLECTIONS AND OTHER ART ARE HELD IN THE UNIVERSITY'S SPECIAL COLLECTIONS HOUSE IN MCFARLIN LIBRARY. THESE ARE NOT FOR PUBLIC VIEWING BUT ARE HELD FOR SCHOLARLY RESEARCH. SCHEDULE D, PART III, LINE 4 THE COLLECTIONS ARE HELD IN THE MCFARLIN LIBRARY IN THE SPECIAL COLLECTIONS. THESE ARE NOT HELD FOR PUBLIC VIEWING BUT ARE USED EXCLUSIVELY FOR SCHOLARLY RESEARCH. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY OF TULSA'S ENDOWMENT FUNDS ARE PRIMARILY USED FOR SCHOLARSHIPS, FACULTY POSITIONS, AND OTHER OPERATING PURPOSES. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE UNIVERSITY OF TULSA PUBLISHES ITS EEO/AA STATEMENT ON ALL PUBLICATIONS, INCLUDING CLASS BULLETINS AND CLASS SCHEDULES AND ON ALL PRINT ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY OF TULSA PARTICIPATES IN STUDENT FINANCIAL ASSISTANCE PROGRAMS OF THE U.S. DEPARTMENT OF EDUCATION WHICH INCLUDE FEDERAL PELL GRANT, FEDERAL SUPPLEMENT EDUCATION OPPORTUNITY GRANT, FEDERAL TEACHERS EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANT, FEDERAL WORK STUDY, FEDERAL PERKINS LOAN PROGRAM, FEDERAL DIRECT PLUS, AND FEDERAL DIRECT STUDENT LOAN PROGRAMS. Central America and the Caribbean Investments 148944636 148944636 148944636 true false true true true false X X true BLACKMON GROUP UNDERWRITE SALES SRVS true 361357 72271 289086 361357 72271 289086 OK CAMP GLAMP 32575 3050 29525 5500 8303 400 4274 WINE FESTIVAL 167876 95570 72306 11153 2454 55630 4 49616 41365 8251 460 1015 907 719 3811 250067 139985 110082 11613 6515 11664 1119 63715 94626 15456 true UNIVERSITY SCHOLARSHIPS, FELLOWSHIPS, AND GRANTS 5025 92959947 SCHEDULE I, PART I, LINE 2 ALL GRANTS ARE FINANCIAL AID AND APPLIED DIRECTLY TO STUDENT ACCOUNTS. IT IS A CONTINUAL PROCESS IN WHICH WE AWARD STUDENT AID WITHIN FEDERAL GUIDELINES AT THE INITIAL AWARDING TIME PERIOD. IF ANY CHANGES TO A STUDENT'S STATUS OCCUR, WE REVIEW THE STUDENT'S AID PACKAGE COMPONENTS TO ENSURE THAT ANY/ALL ADJUSTMENTS MADE MAINTAIN COMPLIANCE WITH TITLE IV FUND RULES. OUR ASSISTANT DIRECTOR OF COMPLIANCE RUNS REPORTS, DAILY, WEEKLY, AND MONTHLY TO ENSURE COMPLIANCE. X X X X X X X true true X X X X X false false false false false false false false false STEADMAN UPHAM TRUSTEE/PRESIDENT(UNTIL 10/16) 799495 0 0 0 92219 0 28245 0 16928 0 936887 0 0 0 MICHAEL D THESENVITZ ASSOCIATE VP AND CONTROLLER 145083 0 0 0 1080 0 10579 0 21252 0 177994 0 0 0 DERRICK GRAGG VP AND DIRECTOR OF ATHLETICS 396998 0 40000 0 8912 0 28245 0 20598 0 494753 0 0 0 KAYLA HALE VP PLANNING AND OUTREACH 275793 0 0 0 11024 0 21690 0 500 0 309007 0 0 0 KEVAN BUCK VP BUSINESS AND FINANCE AND TR 332799 0 0 0 24968 0 27351 0 11577 0 396695 0 0 0 EARL JOHNSON VP ENROLLMENT AND STUDENT SE 195952 0 0 0 1080 0 14805 0 16003 0 227840 0 0 0 ROGER N BLAIS PROVOST AND VP ACADEMIC AFFAIR 262317 0 0 0 21873 0 22920 0 17688 0 324798 0 0 0 GERARD CLANCY TRUSTEE/PRESIDENT(START 11/16) 428735 0 0 0 24462 0 28245 0 22856 0 504298 0 0 0 PHILLIP MONTGOMERY HEAD FOOTBALL COACH 1369923 0 75000 0 21543 0 28245 0 23466 0 1518177 0 0 0 FRANK HAITH HEAD BASKETBALL COACH 1643831 0 75000 0 14212 0 28245 0 24161 0 1785449 0 0 0 BRIAN NORWOOD ASSOCIATE HEAD FOOTBALL COACH 319247 0 27083 0 3085 0 25695 0 21242 0 396352 0 0 0 DENNIS FELTON ASSISTANT BASKETBALL COACH 251098 0 0 0 4410 0 19445 0 20788 0 295741 0 0 0 WILLIAM YOUNG ASSISTANT FOOTBALL COACH 330442 0 27917 0 4609 0 26595 0 11628 0 401191 0 0 0 BILL BLANKENSHIP FORMER HEAD FOOTBALL COACH 632500 0 0 0 0 0 0 0 0 0 632500 0 0 0 SCHEDULE J, PART I, LINE 1A THE UNIVERSITY OF TULSA (TU) HAS PROVIDED THE FOLLOWING BENEFITS THAT ARE INCLUDED AS TAXABLE INCOME IN THE FOLLOWING OFFICERS, TRUSTEES, OR KEY EMPLOYEES W-2S: GERARD CLANCY: SPOUSAL TRAVEL, FIRST CLASS TRAVEL, GROSS-UP PAYMENTS, DISCRETIONARY SPENDING, HOUSING ALLOWANCE, PERSONAL SERVICES AND CLUB DUES. STEADMAN UPHAM:SPOUSAL TRAVEL, FIRST CLASS TRAVEL, GROSS-UP PAYMENTS, DISCRETIONARY SPENDING, HOUSING ALLOWANCE, PERSONAL SERVICES AND CLUB DUES. KEVAN BUCK: CLUB DUES FRANK HAITH: FIRST CLASS TRAVEL DERRICK GRAGG: TUITION BENEFITS, FIRST CLASS TRAVEL PHILLIP MONTGOMERY: FIRST CLASS TRAVEL DENNIS FELTON: FIRST CLASS TRAVEL A TULSA INDUSTRIAL AUTHORITY 521284044 899676KW9 2006-10-26 27738583 SEE PART VI false false false B TULSA INDUSTRIAL AUTHORITY 731372018 899676LW8 2009-03-02 35039575 SEE PART VI false false false C TULSA INDUSTRIAL AUTHORITY 731372018 899676ML1 2011-03-22 30323703 SEE PART VI false false false D TULSA INDUSTRIAL AUTHORITY 731372018 89965QBC1 2013-11-20 32739855 BUILD STUDENT DORMITORY false false false A 5645000 0 27738583 0 0 0 368003 386337 0 0 26984243 0 2006 false true true true B 2730000 0 35039575 1012578 0 0 581997 0 0 0 33445000 0 2009 true false true true C 5335000 0 30323703 2753912 0 0 573058 0 0 8149287 18847446 0 2012 true false true true D 2375000 0 32739855 2206862 0 0 532993 0 0 30000000 0 0 2015 false false true true A false false false false 0 false false false false B false false false false 0 false false false false C false false false false 0 false false false false D false false false false 0 false false false false A false true false false 0 false 0 false false B false true false false 0 false 0 false false C false true false false 0 false 0 false false D false true false false 0 false 0 false false A false B false C false D false GROUP 1, PART I, ROW A, COLUMN (F) FUNDS TO REFUND A PRIOR ISSUE SERIES - 2000B-9/12/2000 GROUP 1, PART I, ROW B, COLUMN (F) FUNDS TO REFUND A PRIOR ISSUE SERIES - 1996B-3/21/1996 GROUP 1, PART I, ROW C, COLUMN (F) BUILDINGS AND REFUND PRIOR ISSUE 3/21/1996 GROUP 1, PART IV, LINE 2C, COLUMN A DATE THE REBATE COMPUTATION WAS PERFORMED: 9/19/2016 GROUP 1, PART IV, LINE 2C, COLUMN B DATE THE REBATE COMPUTATION WAS PERFORMED: 9/19/2016 GROUP 1 PART IV, LINE 2C, COLUMN C DATE THE REBATE COMPUTATION WAS PERFORMED: 9/19/2016 GROUP 1, PART IV, LINE 2C, COLUMN D DATE THE REBATE COMPUTATION WAS PERFORMED: 9/19/2016 GROUP 2, PART I, ROW A, COLUMN (F) CAMPUS TECHNOLOGY AND INFRASTRUCTURE IMPROVEMENTS GROUP 2, PART I, ROW B, COLUMN (F) FUNDS TO REFUND A PRIOR ISSUE SERIES - 2006-7/28/2006 GROUP 2, PART IV, LINE 2C, COLUMN A DATE THE REBATE COMPUTATION WAS PERFORMED: 9/19/2016 GROUP 2, PART IV, LINE 2C, COLUMN B DATE THE REBATE COMPUTATION WAS PERFORMED: 9/19/2016 A TULSA INDUSTRIAL AUTHORITY 731372018 2013-12-17 10000000 SEE PART VI false false false B TULSA INDUSTRIAL AUTHORITY 731372018 89965QBV9 2015-11-19 28859991 SEE PART VI false false false A 5000000 0 10000000 0 0 0 75685 0 0 9924315 0 0 2015 false false true true B 1060000 0 28859991 1899700 0 0 499667 0 0 0 26460624 0 2015 false true true true A false false false false 0 false false false false B false false false false 0 false false false false A false true true false 0 false 0 false false B false true false false 0 false 0 false false A false B false X 76 18000 APPRAISAL, DONOR LT X 6201 LETTER FROM DONORS X 4896 LETTER FROM DONORS X 91 6565602 MEAN MARKET PRICE X 1 142227 APPRAISAL X 643 36611 INVOICE,DONOR LETTER X RENTAL SPACE 1 100336 DONOR LETTER X TRACTOR 1 6000 DONOR LETTER X MISC. ITEMS 85 14885 INVOICES,DONOR LTR 2 false true false SCHEDULE M, PART I, COLUMN B THE AMOUNTS IN THIS COLUMN REPRESENT THE NUMBER OF ITEMS RECEIVED. FORM 990, PART I, LINE 1 EXCELLENCE IN SCHOLARSHIP, DEDICATION TO FREE INQUIRY, INTEGRITY OF CHARACTER, AND COMMITMENT TO HUMANITY. THE UNIVERSITY ACHIEVES ITS MISSION BY EDUCATING MEN AND WOMEN OF DIVERSE BACKGROUNDS AND CULTURES. FORM 990, PART III, LINE 1 THE UNIVERSITY OF TULSA IS A PRIVATE, INDEPENDENT, DOCTORAL-DEGREE-GRANTING INSTITUTION WHOSE MISSION REFLECTS THESE CORE VALUES: EXCELLENCE IN SCHOLARSHIP, DEDICATION TO FREE INQUIRY, INTEGRITY OF CHARACTER AND COMMITMENT TO HUMANITY. THE UNIVERSITY ACHIEVES ITS MISSION BY EDUCATING MEN AND WOMEN OF DIVERSE BACKGROUNDS AND CULTURES. FORM 990, PART VI, SECTION A, LINE 2 ROBERT E. LORTON HAS A FAMILY RELATIONSHIP ROGER B. COLLINS. ELLEN ADELSON HAS A FAMILY RELATIONSHIP WITH JIM ADELSON. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATE CONTROLLER GATHERS THE FORM 990 INFORMATION AND PROVIDES IT TO AN INDEPENDENT CPA FIRM TO PREPARE AND REVIEW THE FORM 990. A DRAFT OF THE FORM 990 IS PROVIDED TO MANAGEMENT FOR REVIEW. ANY QUESTIONS OR CONCERNS ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS ARE MADE. THE FORM 990 IS THEN PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. ANY QUESTIONS OR CONCERNS ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS ARE MADE. THE FORM 990 IS THEN PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN THE ABSENCE OF FRAUD, NO CONTRACT OR OTHER TRANSACTION BETWEEN THE UNIVERSITY AND ANY OTHER CORPORATION, PARTNERSHIP, ENTITY OR PERSON (COLLECTIVELY CALLED PERSON), INCLUDING A TRUSTEE SHALL BE AFFECTED BY THE FACT THAT ONE OR MORE TRUSTEES OF THE UNIVERSITY ARE STOCKHOLDERS, PARTNERS, EMPLOYEES OR HAVE AN INTEREST IN SUCH PERSON. EACH TRUSTEE SHALL FORMALLY DISCLOSE TO THE PRESIDENT ANY INTEREST SUCH TRUSTEE HOLDS WHICH MAY GIVE RISE TO AN ACTUAL, APPARENT OR APPEARANCE OF CONFLICT OF INTEREST IN A TRANSACTION AFFECTING THE UNIVERSITY OR THE BOARD OF TRUSTEES, REGARDLESS OF WHETHER SUCH TRANSACTION IS SUBJECT TO APPROVAL BY THE BOARD OF TRUSTEES, AND SHALL ABSTAIN FROM ANY VOTE REGARDING ANY TRANSACTION INVOLVING SUCH ACTUAL OR APPARENT CONFLICT OF INTEREST. ONCE SUCH CONFLICT HAS BEEN FORMALLY DISCLOSED AND THE TRANSACTION APPROVED OR RATIFIED, WHETHER BY THE BOARD OF TRUSTEES OR BY OTHER APPROPRIATE PROCEDURE, NO TRUSTEE SHALL BE LIABLE TO ACCOUNT TO THE UNIVERSITY FOR ANY PROFIT REALIZED PERSONALLY FROM OR THROUGH ANY SUCH TRANSACTION OR CONTRACT OF THIS UNIVERSITY, SO RATIFIED OR APPROVED, BY REASON OF SUCH TRUSTEE'S INTEREST IN SUCH TRANSACTION OR CONTRACT. TRUSTEES SO INTERESTED MAY BE COUNTED WHEN PRESENT AT MEETINGS OF THE BOARD OF TRUSTEES OR OF SUCH COMMITTEE FOR THE PURPOSE OF DETERMINING THE EXISTENCE OF A QUORUM. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR THE HUMAN RESOURCE DEPARTMENT OF THE UNIVERSITY COMPLETES A COMPENSATION SURVEY PROJECT. INFORMATION IS GATHERED FROM THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA) DATA. THIS COVERS DOCTORAL INSTITUTIONS AND THE UNIVERSITY'S PEER GROUP. OTHER NOTABLE SURVEYS USED BY THE UNIVERSITY ARE THE HEIT IT SURVEY FOR COLLEGES/UNIVERSITIES AND THE NCAA DIVISION I ATHLETIC SURVEY ALONG WITH VARIOUS STATE AND LOCAL SURVEYS. THIS INFORMATION IS PRESENTED ANNUALLY TO THE ADMINISTRATION. THE COMPENSATION COMMITTEE DETERMINES COMPENSATION FOR THE PRESIDENT AND PROVIDES RECOMMENDATION FOR APPROVAL TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE APPROVES COMPENSATION FOR THE PRESIDENT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY PROVIDES THE FINANCIAL STATEMENTS OF THE UNIVERSITY OF TULSA ON THE UNIVERSITY'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 ENDOWMENT DISTRIBUTIONS OF REALIZED GAINS $ 29,995,140 ADJUSTMENT FOR UNRECOGNIZED POSTRETIREMENT COSTS $ 3,033,579 LOSS FROM PARTNERSHIPS $ 547,909 ------------- TOTAL $ 33,576,628 FORM 990, PART XII, LINE 2 ON JULY 1, 2008, THE UNIVERSITY OF TULSA CONTRACTED WITH THE CITY OF TULSA TO MANAGE THE GILCREASE MUSEUM. THE GILCREASE MUSEUM MANAGEMENT TRUST WAS FORMED, APPLIED FOR AND WAS ACCEPTED AS AN EXEMPT 501(C)(3) ORGANIZATION BY THE INTERNAL REVENUE SERVICE ON 2/12/2008. THE UNIVERSITY OF TULSA REPORTS ITS FINANCIAL STATEMENTS ON A CONSOLIDATED BASIS THAT INCLUDES THE GILCREASE MUSEUM MANAGEMENT TRUST'S ACTIVITIES AS REQUIRED BY ACCOUNTING SERIES CODIFICATION 958-810-25. FOR IRS COMPLIANCE PURPOSES, THE UNIVERSITY OF TULSA'S FINANCIAL INFORMATION REPORTED ON FORM 990 DOES NOT INCLUDE THE GILCREASE MUSEUM MANAGEMENT TRUST'S FINANCIAL INFORMATION. THE GILCREASE MUSEUM MANAGEMENT TRUST FILES FORM 990 SEPARATELY FROM THE UNIVERSITY OF TULSA. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH THE FOLLOWING DUTIES: 1. RECOMMEND HIRING INDEPENDENT AUDITORS, COUNSEL, OR OTHER CONSULTANTS AS NECESSARY. 2. REVIEW WITH MANAGEMENT THE POLICIES AND PROCEDURES WITH RESPECT TO OFFICERS, KEY EMPLOYEES, DISQUALIFIED PERSONS, EXPENSES ACCOUNTS, AND PERKS, INCLUDING EXCESS BENEFIT TRANSACTIONS. 3. INQUIRE OF MANAGEMENT, THE INDEPENDENT AUDITORS AND CIO ABOUT SIGNIFICANT RISKS OR EXPOSURES FACING THE ORGANIZATION; ASSESS THE STEPS MANAGEMENT HAS TAKEN OR PROPOSES TO TAKE TO MINIMIZE SUCH RISKS TO THE UNIVERSITY AND PERIODICALLY CONDUCT REVIEWS. 4. REVIEW WITH INDEPENDENT AUDITORS AND CIO THE ADEQUACY OF THE ORGANIZATION'S INTERNAL CONTROLS. 5. REVIEW WITH INDEPENDENT AUDITOR THE ANNUAL AUDIT OF THE UNIVERSITY AND ALL CRITICAL ACCOUNTING POLICIES AND PRACTICES USED BY THE UNIVERSITY. 6. REVIEW ALL MATERIAL WRITTEN COMMUNICATIONS BETWEEN THE INDEPENDENT AUDITORS AND MANAGEMENT. 7. REVIEW WITH MANAGEMENT AND INDEPENDENT AUDITORS: A. THE UNIVERSITY'S ANNUAL FINANCIAL STATEMENTS AND RELATED FOOTNOTES. B. THE INDEPENDENT AUDITORS' AUDIT OF FINANCIAL STATEMENTS AND THEIR REPORT C. ANY SIGNIFICANT CHANGES REQUIRED IN THE INDEPENDENT AUDITORS' AUDIT PLAN D. THE UNIVERSITY'S FILING OF THE IRS FORM 990 8. PERIODICALLY REVIEW THE ORGANIZATION'S CODE OF CONDUCT/ETHICS TO ENSURE THAT IT IS ADEQUATE AND UP-TO-DATE. 9. REVIEW PROCEDURES FOR THE CONFIDENTIAL, ANONYMOUS SUBMISSION BY EMPLOYEES REGARDING QUESTIONABLE ACCOUNTING OR AUDITING MATTERS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, PART IV, LINE 27 THE UNIVERSITY OF TULSA PROVIDES ACADEMIC SCHOLARSHIPS BASED ON THE APPLICANT'S MERITS. NO DISTINGUISHMENT IS MADE FOR APPLICANTS THAT HAVE AN EMPLOYMENT RELATIONSHIP WITH THE UNIVERSITY OR A FAMILY RELATIONSHIP WITH ITS EMPLOYEES, OFFICERS, DIRECTORS OR TRUSTEES OF THE UNIVERSITY. THE OAK COMPANY 800 S TUCKER DRIVE TULSA OK 74104 202311693 REAL ESTATE OK 0 47310 UNIV TULSA THE GILCREASE MANAGEMENT TRUST 800 S TUCKER DRIVE TULSA OK 74104 262205415 MANAGEMENT OK 501(C)(3) 7 UNIV TULSA true CHARITABLE REMAINDER TRUST (8) CHARITABLE TRUST OK UNIV OF TULSA true false false false false false false false false false false false true true true true false false true false THE GILCREASE MUSEUM MANAGEM 800 SOUTH TUCKER DRIVE TULSA OK 74104 262205415 0 0 0 7929236 7929236 546462 136616 0 0 0