2017-05-12T10:53:28-05:00 2016-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2015-07-01 730579298 UNIVERSITY OF TULSA % MICHAEL D THESENVITZ UNIV 9186313244 800 S TUCKER DRIVE TULSA OK 74104 MICHAEL THESENVITZ ASSOC. VP/CONTROLLER 9186313244 2017-05-05 true Michael J Engle P00482834 8162216300 2015 2021-01-29 14:40:06Z MICHAEL D THESENVITZ 800 S TUCKER DRIVE TULSA OK 74104 347719332 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) 43 42 3532 467 0 0 78053142 61999499 212680336 219472350 42434492 14953498 431483 515151 333599453 296940498 78438207 87361720 0 0 119244023 123062075 0 62710 6113246 89116132 93458742 286798362 303945247 46801091 -7004749 1526045511 1444028217 228268791 231992605 1297776720 1212035612 X SEE SCHEDULE O false false 242159375 85329520 188003087 INSTRUCTION - THE UNIVERSITY SERVED APPROXIMATELY 3,500 UNDERGRADUATE AND 1,200 GRADUATE STUDENTS IN FISCAL YEAR ENDING JUNE 30, 2016. 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. 7442468 36200 10761284 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. 18168851 1996000 20677979 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. 267770694 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 433 0 true 3532 true true true false false false false true true false false false false X 43 42 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 STEADMAN UPHAM TRUSTEE/PRESIDENT 40.0 1.0 X X 1040790 0 44340 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 CHET CADIEUX TRUSTEE 1.0 0.0 X 0 0 0 EVELYN RAYZOR NIENHUIS 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 RANDY A FOUTCH TRUSTEE 1.0 0.0 X 0 0 0 JAMES E WILBURN TRUSTEE 1.0 0.0 X 0 0 0 ROBERT E LORTON 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 LUCINDA ROJAS-ROSS 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 RICHARD WISELEY TRUSTEE 1.0 0.0 X 0 0 0 ROGER B COLLINS TRUSTEE 1.0 0.0 X 0 0 0 ROXANA LORTON 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 BILL SCOGGINS TRUSTEE 1.0 0.0 X 0 0 0 JO BUFORD SIEGFRIED 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 MICHAEL D THESENVITZ ASSOCIATE VP AND CONTROLLER 40.0 0.0 X 145455 0 34666 DERRICK GRAGG VP AND DIRECTOR OF ATHLETICS 40.0 0.0 X 381270 0 47066 KAYLA HALE VP PLANNING AND OUTREACH 40.0 0.0 X 274897 0 37545 KEVAN BUCK VP BUSINESS AND FINANCE AND TR 40.0 1.0 X 360067 0 39245 EARL JOHNSON VP ENROLLMENT AND STUDENT SE 40.0 0.0 X 195238 0 33945 PETER J SANDMAN DIR. OF FINANCIAL SERVICES 40.0 0.0 X 80034 0 20611 ROGER N BLAIS PROVOST AND VP ACADEMIC AFFAIR 40.0 0.0 X 286343 0 44737 FRANK HAITH HEAD BASKETBALL COACH 40.0 0.0 X 1706244 0 52169 GERALD CLANCY VP COLLEGE OF HEALTH SCIENCES 40.0 0.0 X 394862 0 49352 PHILLIP MONTGOMERY HEAD FOOTBALL COACH 40.0 0.0 X 1347022 0 51016 BRIAN NORWOOD ASSOCIATE HEAD FOOTBALL COACH 40.0 0.0 X 341405 0 46252 WILLIAM YOUNG ASSISTANT FOOTBALL COACH 40.0 0.0 X 362197 0 36634 BILL BLANKENSHIP FORMER HEAD FOOTBALL COACH 0.0 0.0 X 632500 0 0 7548324 0 537578 181 true true false WITT FIALA FLANNERY AND ASSOCIATES 2815 OLIVE STREET ST LOUIS MO 63103 GROUNDS & JANITORIAL 3252152 NABHOLZ CONSTRUCTION 12236 E 60TH ST TULSA OK 74146 CONSTRUCTION 1276198 PHILLIPS GOMEZ INC ONE WILLIAMS CTR STE 263 TULSA OK 74172 CONSULTING ENGINEERS 608997 HASTINGS AND CHIVETTA ARCHITECTS 700 CORPORATE PARK DRIVE STE 400 ST LOUIS MO 63105 ARCHITECT SERVICES 917678 HALL ESTILL PC 320 SOUTH BOSTON AVE TULSA OK 74103 LEGAL SERVICES 346721 19 139235 742995 61117269 5277487 61999499 STUDENT TUITION & FEES 611710 161031932 161031932 AUXILIARY, ATHLETICS, HOUSING 611710 26971155 26971155 RESEARCH & SPONSORED PROJECTS 611710 20707979 20707979 SALES OF EDUCATION DEPT 611710 7752505 7752505 _ 3008779 3008779 219472350 467808 467808 0 447924 447924 71455 41861 29594 0 29594 29594 64511578 617011 40500354 10142545 24011224 -9525534 14485690 14485690 131707 139235 94074 37633 37633 0 0 0 296940498 219472350 15468649 0 87361720 87361720 0 0 2745587 898818 1555456 291313 0 91256108 85432470 3535644 2287994 8250434 7411333 569189 269912 14868127 13885349 512866 469912 5941819 5565809 235246 140764 0 686023 686023 221840 221840 0 62710 62710 1742251 1742251 15872997 14296996 802995 773006 0 20929314 16042482 4174780 712052 4692230 65656 4626574 11281 11281 5007980 4765120 200464 42396 7006834 6768563 158691 79580 0 0 8078981 8078981 0 15998582 15998582 2709730 1508126 1190236 11368 ENTERTAINMENT 3024648 2170214 333157 521277 MEMBERSHIPS 1753463 1430350 274307 48806 BAD DEBT EXPENSE 1687529 787707 899822 _ 0 4035059 3370118 262785 402156 303945247 267770694 30061307 6113246 21632947 9800547 0 0 27709021 29275062 15198093 16482985 0 0 0 0 8890004 8283605 286361 264466 3987368 3710206 606816596 199321668 403963220 407494928 219398458 200669238 249930159 236110918 4024305 3492284 1153969 1384888 569871606 527059090 1526045511 1444028217 32192197 28682533 6685657 6623655 19274145 15346135 150916590 143193864 0 0 0 0 17857336 35894582 0 0 1342866 2251836 228268791 231992605 X 216381011 214063556 255963812 193057634 825431897 804914422 1297776720 1212035612 1526045511 1444028217 X -7004749 -101788623 23052264 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 106528 8472 115000 303945247 8192635 303945247 8307635 1000000 565382 250000 141346 false 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 X false 485615759 22793701 -26242522 23052264 1742251 457372423 463252199 15236562 31440150 21997784 2315368 485615759 388720125 32900138 63681342 20461672 1587734 463252199 336830460 23066814 49432229 18631147 1978231 388720125 326598243 25495213 4373034 17522259 2113771 336830460 0.13140 0.86510 0.00350 true false 0 35928456 35928456 0 425524138 98212946 327311192 0 48929550 30758311 18171239 0 56089459 36897293 19192166 0 40344993 33453118 6891875 407494928 HEDGE FUNDS 211956788 F PRIVATE EQUITY 24154130 F 236110918 DEPOSITS WITH BOND TRUSTEE 15969777 FUNDS HELD IN TRUST BY OTHERS 511089313 527059090 0 DEPOSITS PAYABLE 2251836 2251836 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 139148147 139148147 139148147 true false true true true false X X true BLACKMON GROUP UNDERWRITE SALES SRVS true 313551 62710 250841 313551 62710 250841 OK GATSBY GALA 60702 9153 51549 270 18281 1000 2264 WINE FESTIVAL 150782 92052 58730 7214 2638 1000 45568 4 59458 38030 21428 725 1026 2164 719 11205 270942 139235 131707 7939 1296 23083 2719 59037 94074 37633 true UNIVERSITY SCHOLARSHIPS, FELLOWSHIPS, AND GRANTS 5020 87361720 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 931236 0 0 0 109554 0 28245 0 16095 0 1085130 0 0 0 MICHAEL D THESENVITZ ASSOCIATE VP AND CONTROLLER 144375 0 0 0 1080 0 15068 0 19598 0 180121 0 0 0 DERRICK GRAGG VP AND DIRECTOR OF ATHLETICS 354620 0 24000 0 2650 0 28245 0 18821 0 428336 0 0 0 KAYLA HALE VP PLANNING AND OUTREACH 262992 0 0 0 11905 0 28245 0 9300 0 312442 0 0 0 KEVAN BUCK VP BUSINESS AND FINANCE AND TR 334847 0 0 0 25220 0 28245 0 11000 0 399312 0 0 0 EARL JOHNSON VP ENROLLMENT AND STUDENT SE 194158 0 0 0 1080 0 20187 0 13758 0 229183 0 0 0 ROGER N BLAIS PROVOST AND VP ACADEMIC AFFAIR 264470 0 0 0 21873 0 28245 0 16492 0 331080 0 0 0 FRANK HAITH HEAD BASKETBALL COACH 1594360 0 95000 0 16884 0 28245 0 23924 0 1758413 0 0 0 BILL BLANKENSHIP FORMER HEAD FOOTBALL COACH 632500 0 0 0 0 0 0 0 0 0 632500 0 0 0 GERALD CLANCY VP COLLEGE OF HEALTH SCIENCES 389230 0 0 0 5632 0 28245 0 21107 0 444214 0 0 0 PHILLIP MONTGOMERY HEAD FOOTBALL COACH 1294260 0 50000 0 2762 0 28245 0 22771 0 1398038 0 0 0 BRIAN NORWOOD ASSOCIATE HEAD FOOTBALL COACH 311726 0 27083 0 2596 0 28245 0 18007 0 387657 0 0 0 WILLIAM YOUNG ASSISTANT FOOTBALL COACH 330559 0 27917 0 3721 0 28245 0 8389 0 398831 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: 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 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 4645000 0 27738583 0 0 0 368003 386337 0 0 26984243 0 2006 false true true true B 2320000 0 35039575 1012578 0 0 581997 0 0 0 33445000 0 2009 true false true true C 1685000 0 30323703 2753912 0 0 573058 0 0 8149287 18847446 0 2012 true false true true D 1525000 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 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 3571429 0 10000000 0 0 0 75685 0 0 9924315 0 0 2015 false false true true B 0 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 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 X 9996 LETTER FROM DONORS X 30805 APPRAISAL,DONOR LTR X 76 5016764 MEAN MARKET PRICE X 57 53204 INVOICE,DONOR LETTER X RENTAL SPACE 1 100336 DONOR LETTER X EQUIPMENT 1 46137 INVOICE X MISC. ITEMS 105 20245 INVOICES,DONOR LTR 3 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 WITH ROXANNA LORTON, ROGER B. COLLINS, AND ROBERT E. LORTON, III. 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 TAHT 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 $ 23,052,264 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 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 106528 8472 115000 8192635 8307635 565382 141346 0 0 0