2017-10-16T12:28:23-07:00 2017-05-31 Davis Kinard & Co PC 400 Pine St Ste 600 Abilene TX 79601 990 2016-06-01 750855633 McMurry University MCMU 3257933821 1 McMurry University 308 Abilene TX 79697 Lisa Love Williams VP Finance & Admin. 2017-10-16 true L Diane Terrell CPA P00282197 3256724000 2016 2021-01-29 14:40:06Z 77213258 false false X www.mcu.edu X 1923 TX To provide a Christian liberal arts and professional education that prepares students for a fulfilling life of leadership and service. 20 19 617 41 0 6516708 5874841 26402796 27445602 1707734 1814139 262824 359436 34890062 35494018 10085066 10268525 0 12499769 12566241 0 171861 9493118 10520033 32077953 33354799 2812109 2139219 117894190 124652989 9148698 8520243 108745492 116132746 To provide a Christian liberal arts and professional education that prepares students for a fulfilling life of leadership and service. false false 21406918 10268525 24801261 McMurry University was founded in 1923 by the United Methodist Church. During the 2016-2017 year, the University challenges students to grow academically and socially with 45 academic majors and 40 academic, social and service organizations. Also offered to our approximately 1,080 racially and ethnically diverse students are pre-professional programs in medicine, dentistry, engineering, law, pharmacy and physical therapy along with a master of science in nursing in education or family nurse practitioner. The University is proud to offer a low student to faculty ratio of 13 to 1, average class size of 16 and does not use teaching assistants in the classrooms. Students can explore international culture by participating in an active national and international Model UN program and annual travel abroad educational programs. Also available to students is a student-run art gallery and artwork owned by the University appraised at $164K. The School of Business has recently received a ten million dollar endowment and business students at McMurry can participate in managing a one million dollar investment fund. 5352040 2245917 In addition to educating students the University offers on campus housing and dining services as auxiliary services. Dining options include three robust meal plans offering students cook to order menu items, various commuter plans and three retail options. 3062420 398424 The University offers athletic programs with a mission to make personal investments in the lives of all scholar-athletes and use the intercollegiate athletics experience to develop champions for life. The athletic program core values are Responsibility, Integrity, Service and Excellence. The University also offers assistance with student aid as well as fostering relationships with alumni, which benefit our students. 29821378 true true false false false false false false false true true true false true true false true false true false false false false false true false false false true true false false false false false false false false false false false true true false false false true true true false false true 1472 0 true 617 true false false false false false false false false 0 false false false false false false false false false false X 20 19 false false false false false false false true true false false true true true true true true true true false X Lisa Love Williams 3257933821 1 McMurry University 308 Abilene TX 79697 Sandy Maddox Secretary 2.00 0.00 X X 0 0 0 Rick Quy Trustee 2.00 0.00 X 0 0 0 JoLisa Hoover Trustee 1.00 0.00 X 0 0 0 Richard Edwards Trusteeship Chr 1.00 0.00 X X 0 0 0 Bishop Earl Bledsoe Trustee 1.00 0.00 X 0 0 0 Sara Graham Trustee 5.50 0.00 X 0 0 0 Girvin Harkins Trustee 3.50 0.00 X 0 0 0 Sandra Harper President 60.00 0.00 X X 280000 0 12609 John Hendrick Treasurer 5.00 0.00 X X 0 0 0 Carl Hubbard Trustee 2.50 0.00 X 0 0 0 Melody Hunt Trustee 1.50 0.00 X 0 0 0 Austin Pittman Past Chairman 1.00 0.00 X X 0 0 0 Steve Sundby Trustee 2.00 0.00 X 0 0 0 David Shoup 2nd Vice Chair 2.75 0.00 X X 0 0 0 Rick Stivers 1st Vice Chair 1.75 0.00 X X 0 0 0 Lynn Yearwood Chair 10.00 0.00 X X 0 0 0 Bill Caffey Trustee 4.00 0.00 X 0 0 0 Hope Harmon Trustee 1.00 0.00 X 0 0 0 Lisa Chavez Trustee 1.00 0.00 X 0 0 0 Rev George Price Trustee 1.00 0.00 X 0 0 0 Jim Hunt VP Acad Affairs 40.00 0.00 X 168300 0 7023 Lisa Love Williams VP Finance &Adm 40.00 0.00 X 120000 0 12561 Sam Ferguson Athletics Dir 40.00 0.00 X 94450 0 5048 David Heringer VP Enroll Mgmt 40.00 0.00 X 153300 0 17671 Debra Hulse-Bowles VP Instit Adv 40.00 0.00 X 152150 0 10005 Jeff Lust Dir Rel & Chap 40.00 0.00 X 83820 0 9565 Paul Mason Dean- Business 40.00 0.00 X 133654 0 14353 1185674 88835 7 false true false Pioneer College Caterers 25055 West Valley Parkway Ste 120 Olathe KS 66061 Food Services 1081970 Hardin-Simmons University HSU Box 16020 Abilene TX 79698 Nursing Tuition 646010 DATROO Technologies LLc 1292 N 1st St Abilene TX 79601 Computer Technology 550402 McMurry Residence Partnership McM Box 627 Abilene TX 79697 Housing 967942 National Management Resources Corporation 113 Corporate Park E LaGrange GA 30241 Campus Maintenance 653101 14 263962 5610879 206019 5874841 Tuition and Fees 611600 24801261 24801261 Auxiliary Enterprises 611710 2245917 2245917 Other Revenues 611710 221842 221842 Athletic Events 611710 176582 176582 27445602 1945589 1945589 0 335317 335317 0 41569227 6500 41565816 141361 3411 -134861 -131450 -131450 36182 12063 24119 24119 0 0 0 35494018 27445602 2173575 0 10268525 10268525 0 0 1126502 1126502 0 9466110 8958475 507635 271113 214865 56248 962678 948631 14047 739838 632631 107207 0 42254 42254 42000 42000 0 0 0 0 0 0 0 0 1648916 1581147 67769 0 0 0 184955 177353 7602 0 1886010 1754579 131431 242430 232466 9964 Program Expenses 6251917 4874500 1205556 171861 Equipment Lease 141008 135213 5795 Telephone 35708 35708 Property Taxes 31826 30518 1308 13009 12475 534 33354799 29821378 3361560 171861 7447 7700 5227330 5482348 1982344 1649985 1739605 2415995 0 0 0 10390 9430 737342 705148 76383712 44758303 32105032 31625409 1334376 46601791 47102194 6872695 0 0 27648130 29282488 117894190 124652989 2360548 2699544 447734 375621 3460351 2708468 2880065 2736610 9148698 8520243 X 32869199 32670038 10939187 13099293 64937106 70363415 108745492 116132746 117894190 124652989 X 2139219 4237038 1010997 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47722599 3924133 5447974 2915903 54178803 47751882 3586495 -876372 2739406 47722599 46622227 454335 3797910 3122590 47751882 42254219 1150061 6111240 2893293 46622227 37125191 549532 6803922 2224426 42254219 0.01383 0.75889 0.22728 true false false 51486416 26411820 25074596 3670279 805205 2865074 20636799 17541278 3095521 590218 590218 31625409 6872695 Beneficial interest 29282488 29282488 Post Retirement Benefit Obligation 1975184 Due to Federal Government 761426 2736610 21623879 21623879 13870139 13870139 35494018 23303732 23303732 10051067 10051067 33354799 Part V, Line 4: Intended uses of the endowment fund. The endowed funds are used to support the educational programs provided by the university and to provide scholarships to current and future students of the university. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Discounts $8590374 Funded Scholarships $1460693 Realized gain on investments $3411 Contribution to Endowment $3815661 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Discounts $8590374 Funded Scholarships $1460693 true true true true true true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency Explanation of government financial aid: The university receives support through the department of education that is used for student financial assistance. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized The university publishes its nondiscriminatory policy in the university catalog. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race X X X X false Golf Tournament Jimmy Pierce 36182 36182 7924 2263 1876 36182 36182 7924 2263 1876 12063 24119 true 0 0 Scholarships 923 10002402 Grantmaker's Description of How Grants are Used Scholarships are provided to students based on specific criteria established by student financial services in regards to eligibility, student selection and requirements of the scholarship. Each scholarship recipient will be monitored by the University to confirm that they have satisfied all scholarship requirements. The actual scholarships are credited to the students tuition bills. No scholarships are awarded directly to the student. X false true X X X false false false false false false false false false false Sandra Harper President 280000 11200 1409 292609 Jim Hunt VP Acad Affairs 168300 6732 291 175323 David Heringer VP Enroll Mgmt 153300 6132 11539 170971 Debra Hulse-Bowles VP Instit Adv 152150 6086 3919 162155 Part I, Line 1a: Relevant information in regards to selections on 1a. Part I, Line 1b: Reason for not following policy regarding payment provisions for expenses It is very common for Universities to provide the University President health or country club dues. This is considered part of the president's compensation. X 1 300 Cost X 8 200283 Fair market value X Meals, various furniture 1 5436 Fair market value false true false Form 990, Part VI, Line 11b: Form 990 Review Process Management will present a copy of the Form 990 to the board for discussion, review, and approval prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The conflict of interest policy is reviewed annually during the October board meeting. All trustees are required to be familiar with the policy and disclose any possible conflict of interest to the entire board at the earliest practical time. The trustee shall absent themselves from discussions of and abstain from voting on matters in which they may have a possible conflict of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The board of trustees used comparative pay data when setting the compensation of the officers of the University when hired. After the officers are hired, increases to their pay are determined based on the University's budget and the percentage increase paid other University employees. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The board of trustees used comparative pay data when setting the compensation of the officers of the University when hired. After the officers are hired, increases to their pay are determined based on the University's budget and the percentage increase paid other University employees. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The University will make available to any student, faculty member, alumni, or other interested person a copy of the University's governing documents, conflict of interest policy, and financial statements. These documents are available for viewing at the University's campus in Abilene, TX. Other Changes In Net Assets Or Fund Balances - Other Increases CHANGE IN SPLIT INTEREST AGREEMENTS = $1607947 Other Changes In Net Assets Or Fund Balances - Other Decreases Postretirement benefit changes = -$596950 Betty Jo Mowry Inc McMurry Station Box 308 Abilene TX 79697 751997720 Oil & Gas Mining and Extraction TX N/A C Corp 60926 8717 1.00000 true false false false true false false false false false false false false false false false false false false false Betty Jo Mowry Inc d 266500 Cost