SOUTHERN METHODIST UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHERN METHODIST UNIVERSITY (EIN 75-0800689)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-04-14
- IRS object ID
- 201101049349300725
- Schema version
- 2009v1.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-14T15:37:43-05:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 750800689 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Southern Methodist University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOUT | NameControl |
| Phone | 2147682800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 750261 | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 752750261 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Christine Casey | Name |
| Title | VP for Business and Finance | Title |
| Phone | 2147682800 | Phone |
| Date Signed | 2011-04-14 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | R Gerald Turner | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 750261 | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 752750261 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 963629483 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.smu.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1911 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | An educational institution of higher learning,expanding knowledge through research and teaching. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 42 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 39 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6064 | TotalNbrEmployees |
| Total Nbr Volunteers | 1201 | TotalNbrVolunteers |
| Total Gross UBI | 46221 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 100696626 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 54344662 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 396920658 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 414641528 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -43317411 | InvestmentIncomePriorYear |
| Investment Income Current Year | 46803613 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 7434301 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3914124 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 461734174 | TotalRevenuePriorYear |
| Total Revenue Current Year | 519703927 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 104304250 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 114351841 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 233053133 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 243049600 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 10805 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 6000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 20726291 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 177071411 | OtherExpensePriorYear |
| Other Expenses Current Year | 149539727 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 514439599 | TotalExpensesPriorYear |
| Total Expenses Current Year | 506947168 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -52705425 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 12756759 | RevenuesLessExpensesCY |
| Total Assets BOY | 1959339231 | TotalAssetsBOY |
| Total Assets EOY | 1967543174 | TotalAssetsEOY |
| Total Liabilities BOY | 542881624 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 500567179 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1416457607 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1466975995 | NetAssetsOrFundBalancesEOY |
| Mission Description | The primary mission of the University is education through research and teaching by creating and imparting knowledge that will shape citizens who contribute to their communities and lead professions in a global society. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 325253916 | Expense |
| Grants | 101346151 | Grants |
| Revenue | 334765376 | Revenue |
| Description | Instructional:Instructional programs include academic instruction and services for undergraduate and graduate students including financial aid in the form of scholarships and fellowships. Student enrollment for Fall Semester 2009 was 10,891 and Spring Semester 2010 was 10,486. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 77028920 | Expense |
| Grants | 13005690 | Grants |
| Revenue | 43889070 | Revenue |
| Description | Auxiliary Activities:This category includes athletic expenditures and services that support educational activities. Services include bookstore, student housing, vending and food administration and independent operations. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 26792931 | Expense |
| Revenue | 25020080 | Revenue |
| Description | Sponsored Research:Sponsored research includes expenditures for all activities that are part of the University's research program, including activities specifically organized to produce research outcomes, whether commissioned by an agency external to the institution or separately budgeted by an organizational unit within the institution. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 17175947 | Expense |
| Revenue | 10967002 | Revenue |
| Description | Organized Activities:Organized activities make available to the public various resources that exist within the University such as seminars, conferences and camps. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 17175947 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 10967002 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 446251714 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 1 | InvestTaxExemptBonds |
| Escrow Account | 1 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1342 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 6064 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 42 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 39 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Controller's Office | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2147682800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6116 N Central Expressway | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 752750261 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (64 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Ruth S Altshuler | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Earl Bledsoe | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael M Boone | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Bradley Brookshire | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Laura Welch Bush | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Kirbyjon H Caldwell | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Donald J Carty | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Kelly H Compton | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Mark Craig | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Gary T Crum | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Linda Custard | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert H Dedman | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Frank M Dunlevy | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Juan Elek | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Alan Feld | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Gerald J Ford | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Antonio O Garza Jr | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| James R Gibbs | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert T Hayden III | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Frederick B Hegi Jr | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Clark K Hunt | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Ray L Hunt | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Gene C Jones | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Scott Jones | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Fredrick Leach | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Paul B Loyd Jr | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Bobby B Lyle | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Ken Malcolmson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| David B Miller | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Sheron Patterson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Sarah Perot | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Jeanne L Phillips | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Caren H Prothro | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Carl Sewell | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Ann B Sherer-Simpson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Helmut Sohmen | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Richard K Templeton | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| John C Tolleson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| R Gerald Turner | |||||||||
| President | 37.50 | X | 595786 | 0 | 353212 | X | |||
| Royce E Wilson Sr | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Richard J Wood | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Fredrick I Olness | |||||||||
| Trustee | 37.50 | X | 108567 | 0 | 37557 | ||||
| Paul Ludden | |||||||||
| Provost and VP for Acade | 37.50 | 384338 | 0 | 33673 | X | ||||
| Thomas Barry | |||||||||
| VP for Executive Affairs | 37.50 | 255742 | 0 | 35952 | X | ||||
| Michael Condon | |||||||||
| Treasurer | 37.50 | 447478 | 0 | 39454 | X | ||||
| Paul Ward | |||||||||
| VP for Legal Affairs | 37.50 | 463189 | 0 | 35916 | X | ||||
| Lori White | |||||||||
| VP for Student Affairs | 37.50 | 219559 | 0 | 28616 | X | ||||
| Brad Cheves | |||||||||
| VP for Public Affairs | 37.50 | 312176 | 0 | 35454 | X | ||||
| Christine Casey | |||||||||
| VP for Business and Fina | 37.50 | 301521 | 0 | 27262 | X | ||||
| Mary Anne Rogers | |||||||||
| Assistant Secretary | 37.50 | 83038 | 0 | 22245 | X | ||||
| Albert Niemi Jr | |||||||||
| Dean | 37.50 | 434849 | 0 | 39366 | X | ||||
| Cordelia Candelaria | |||||||||
| Dean | 37.50 | 364546 | 0 | 11423 | X | ||||
| Peter Moore | |||||||||
| Interim Dean | 37.50 | 166764 | 0 | 26774 | X | ||||
| June Jones | |||||||||
| Football Coach | 37.50 | 1691566 | 0 | 35516 | X | ||||
| Matthew Doherty | |||||||||
| Basketball Coach | 37.50 | 575166 | 0 | 41520 | X | ||||
| Steven Orsini | |||||||||
| Director of Athletics | 37.50 | 385536 | 0 | 46408 | X | ||||
| William Dillon | |||||||||
| Associate Dean of Busine | 37.50 | 443431 | 0 | 27027 | X | ||||
| Miguel Quinones | |||||||||
| Professor | 37.50 | 329763 | 0 | 35850 | X | ||||
| Amit Basu | |||||||||
| Former Highest Compensat | 37.50 | 329581 | 0 | 36286 | X | ||||
| Bezalel Gavish | |||||||||
| Former Highest Compensat | 37.50 | 296821 | 0 | 37835 | X | ||||
| S Leon Bennett | |||||||||
| Former VP for Legal Affa | 37.50 | 183825 | 0 | 24566 | X | ||||
| Thomas Tunks | |||||||||
| Former Interim Provost | 37.50 | 178887 | 0 | 24431 | X | ||||
| Ross Murfin | |||||||||
| Former Provost | 37.50 | 265013 | 0 | 36907 | X | ||||
| John O'Connor | |||||||||
| Former Interim VP for Bu | 37.50 | 176314 | 0 | 25205 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 8993456 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1098455 | TotalOtherCompensation |
| Number Individuals GT100 K | 387 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Austin Commercial Inc | |||||
| PO Box 2879 | Dallas | TX | 75221 | Construction | 17987106 |
| Sarcon Construction Corporation | |||||
| PO Box 6020 | Santa Fe | NM | 87502 | Construction | 3598951 |
| Schneider Electric Building Americas Inc | |||||
| PO Box 59469 | Dallas | TX | 75229 | Construction | 3208169 |
| The Richards Group | |||||
| 8750 N Central Expwy Ste 1200 | Dallas | TX | 75231 | Advertising | 2954743 |
| Idea Construction Inc | |||||
| 13650 Floyd Circle | Dallas | TX | 75243 | Construction | 2113999 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 92 | NumberOfContractorsGT100K |
| Fundraising Events | 1705441 | FundraisingEvents |
| Government Grants | 5736 | GovernmentGrants |
| All Other Contributions | 52633485 | AllOtherContributions |
| Total Contributions | 54344662 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| Tuition and Fees | 611310 | 324170657 | 324170657 | |
| Auxiliary Activities | 611310 | 41949874 | 30749950 | $11,199,924 |
| Sponsored Research | 611310 | 24919472 | 24919472 | |
| Other Student fees | 611310 | 9253685 | 9253685 | |
| Organized Activities | 611310 | 9183854 | 9183854 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5163986 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5150170 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 13816 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 414641528 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13633129 | TotalRevenueColumn |
| Unrelated Business Revenue | 13297 | UnrelatedBusinessRevenue |
| Exclusion | $13,619,832 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2066751 | TotalRevenueColumn |
| Exclusion | $2,066,751 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4865165 | TotalRevenueColumn |
| Exclusion | $4,865,165 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 162441 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 141101 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21340 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21340 | TotalRevenueColumn |
| Exclusion | $21,340 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 466806649 | Securities |
| Other | 5178851 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 439555627 | Securities |
| Other | 1326140 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27251022 | Securities |
| Other | 3852711 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 31103733 | TotalRevenueColumn |
| Unrelated Business Revenue | 19108 | UnrelatedBusinessRevenue |
| Exclusion | $31,084,625 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 1930307 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1705441 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 2902688 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -972381 | TotalRevenueColumn |
| Related Or Exempt Function Income | -972381 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 519703927 | TotalRevenueColumn |
| Related Or Exempt Function Income | 402455407 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 46221 | UnrelatedBusinessRevenue |
| Exclusion | $62,857,637 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114351841 | Total |
| Program Services | 114351841 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4503473 | Total |
| Program Services | 1029566 | ProgramServices |
| Management And General | 3106984 | ManagementAndGeneral |
| Fundraising | 366923 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1120719 | Total |
| Program Services | 460825 | ProgramServices |
| Management And General | 659894 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187904989 | Total |
| Program Services | 164577182 | ProgramServices |
| Management And General | 13265789 | ManagementAndGeneral |
| Fundraising | 10062018 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13371039 | Total |
| Program Services | 11627288 | ProgramServices |
| Management And General | 1074359 | ManagementAndGeneral |
| Fundraising | 669392 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24181930 | Total |
| Program Services | 20729123 | ProgramServices |
| Management And General | 2232698 | ManagementAndGeneral |
| Fundraising | 1220109 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11967450 | Total |
| Program Services | 10332830 | ProgramServices |
| Management And General | 1030735 | ManagementAndGeneral |
| Fundraising | 603885 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1376899 | Total |
| Program Services | 226863 | ProgramServices |
| Management And General | 1150036 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 331640 | Total |
| Program Services | 38163 | ProgramServices |
| Management And General | 293477 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 247612 | Total |
| Management And General | 247612 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6000 | Total |
| Fundraising | 6000 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9159896 | Total |
| Management And General | 9159896 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16578379 | Total |
| Program Services | 14360078 | ProgramServices |
| Management And General | 231762 | ManagementAndGeneral |
| Fundraising | 1986539 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3609317 | Total |
| Program Services | 3544251 | ProgramServices |
| Management And General | 38593 | ManagementAndGeneral |
| Fundraising | 26473 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16984880 | Total |
| Program Services | 14882280 | ProgramServices |
| Management And General | 761844 | ManagementAndGeneral |
| Fundraising | 1340756 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6977315 | Total |
| Program Services | 5481028 | ProgramServices |
| Management And General | 1353744 | ManagementAndGeneral |
| Fundraising | 142543 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40749 | Total |
| Program Services | 40749 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18161630 | Total |
| Program Services | 17080317 | ProgramServices |
| Management And General | 699762 | ManagementAndGeneral |
| Fundraising | 381551 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11470485 | Total |
| Program Services | 10784308 | ProgramServices |
| Management And General | 159117 | ManagementAndGeneral |
| Fundraising | 527060 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45200 | Total |
| Program Services | 45200 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 842711 | Total |
| Program Services | 762338 | ProgramServices |
| Management And General | 67925 | ManagementAndGeneral |
| Fundraising | 12448 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13725175 | Total |
| Program Services | 13725175 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24490689 | Total |
| Program Services | 21096354 | ProgramServices |
| Management And General | 2048166 | ManagementAndGeneral |
| Fundraising | 1346169 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2218625 | Total |
| Program Services | 817338 | ProgramServices |
| Management And General | 1401287 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Books and Periodicals | 6162514 | 6162232 | 282 | |
| Property Costs | 3259549 | 3211744 | 3820 | 43985 |
| Public Relations | 1604990 | 896565 | 582848 | 125577 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12251472 | Total |
| Program Services | 9988076 | ProgramServices |
| Management And General | 398533 | ManagementAndGeneral |
| Fundraising | 1864863 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506947168 | Total |
| Program Services | 446251714 | ProgramServices |
| Management And General | 39969163 | ManagementAndGeneral |
| Fundraising | 20726291 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3646550 | BOY |
| EOY | 3475495 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 322408548 | BOY |
| EOY | 198723086 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80399766 | BOY |
| EOY | 66091321 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105487209 | BOY |
| EOY | 112426911 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22464892 | BOY |
| EOY | 11607264 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 339574 | BOY |
| EOY | 405921 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5631255 | BOY |
| EOY | 6679027 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 875321632 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 274754619 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 560209275 | BOY |
| EOY | 600567013 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 248793651 | BOY |
| EOY | 297543579 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 604703711 | BOY |
| EOY | 665995512 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5254800 | BOY |
| EOY | 4028045 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1959339231 | BOY |
| EOY | 1967543174 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133613364 | BOY |
| EOY | 110224981 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25657099 | BOY |
| EOY | 25418467 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 331458000 | BOY |
| EOY | 360115000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47921998 | BOY |
| EOY | 841454 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4231163 | BOY |
| EOY | 3967277 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 542881624 | BOY |
| EOY | 500567179 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 429109607 | BOY |
| EOY | 480524995 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 513339000 | BOY |
| EOY | 493818000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 474009000 | BOY |
| EOY | 492633000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1416457607 | BOY |
| EOY | 1466975995 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1959339231 | BOY |
| EOY | 1967543174 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 247612 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 247612 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 506699556 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 506947168 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 243251 | CurrentYearMinus3 |
| Current Year Minus2 | 242967 | CurrentYearMinus2 |
| Current Year Minus1 | 226055 | CurrentYearMinus1 |
| Current Year | 247612 | CurrentYear |
| Total | 959885 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Funds Held | 2 | NumberFundsHeld |
| Contrib To Funds And Other Accounts | 250 | ContribToFundsAndOtherAccounts |
| Grants Funds And Other Accounts | 1769789 | GrantsFundsAndOtherAccounts |
| Aggregate Fund Value | 29370558 | AggregateFundValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 466935 | RevenuesIncluded |
| Assets In Part X | 34321155 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | Educational Programming | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1032262197 | BeginningOfYearBalance |
| Contributions | 26874362 | Contributions |
| Investment Earnings Or Losses | 74857407 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 13375323 | GrantsOrScholarships |
| Other Expenditures | 44100799 | OtherExpenditures |
| Administrative Expenses | 7119148 | AdministrativeExpenses |
| End Of Year Balance | 1069398696 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1401274328 | BeginningOfYearBalance |
| Contributions | 25069217 | Contributions |
| Investment Earnings Or Losses | -332783497 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12844512 | GrantsOrScholarships |
| Other Expenditures | 44628154 | OtherExpenditures |
| Administrative Expenses | 3825185 | AdministrativeExpenses |
| End Of Year Balance | 1032262197 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.05790 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.94140 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00070 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 86874394 | OtherCostOrOtherBasis |
| Book Value | 86874394 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 631492549 | OtherCostOrOtherBasis |
| Depreciation | 205405169 | Depreciation |
| Book Value | 426087380 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 114112287 | OtherCostOrOtherBasis |
| Depreciation | 49971535 | Depreciation |
| Book Value | 64140752 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 42842402 | OtherCostOrOtherBasis |
| Depreciation | 19377915 | Depreciation |
| Book Value | 23464487 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 600567013 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (12 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Venture Capital | 36945234 | C |
| Funds Held in Trust by Others | 16421850 | F |
| Private Equity Funds | 209815978 | C |
| Absolute Return Funds | 141131321 | C |
| Equity Funds Without Daily Liquidity | 85764855 | C |
| Fixed Income Funds without Daily Liquidity | 479979 | C |
| Other Investments | 8 | C |
| Partnership Investments - Oil & Gas | 7908118 | C |
| Partnership Investments - Timber | 15109155 | C |
| Partnership Investments - Real Estate | 91746790 | C |
| Equity Method Investments | 60672048 | F |
| Mineral Rights | 176 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 665995512 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Deposits | $1,259,152 |
| US Government Student Loan Advances | $2,708,125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3967277 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III, Line 4: | The Meadows Museum at Southern Methodist University houses one of the largest and most comprehensive collections of Spanish art outside of Spain. With works dating from the 10th to the 21st century, the internationally renowned collection presents a broad spectrum of art covering a thousand years of Spanish heritage. The museum is a resource of Southern Methodist University that serves a broad and international audience as well as the university community through meaningful exhibitions, publications, workshops, and other educational programs and encourages public participation through a broad-based membership. | |
| Part V, Line 4: | Intended uses of endowment funds include education program support, chairs and faculty support, scholarships and other student aid, library and books, and maintenance. | Description of Intended Use of Endowment Funds: |
| Part X: | In June 2006, the Financial Accounting Standards Board issued Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48), which prescribes a recognition threshold and measurement requirements for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. In addition, FIN 48 provides guidance on recognition, classification, accounting in interim periods and disclosure requirements for uncertain tax provisions. The interpretation was effective for the University's fiscal year ended May 31, 2008. The University does not have any material unrelated business income tax liability for the years ended May 31, 2010 and May 31,2009. | Description of Uncertain Tax Positions Under FIN 48: |
| Part VII: The University reports investments in which it owns 5 % or greater ownership under the equity method of accounting. These investments include Venture Capital, Private Equity Funds, Absolute Return Funds and Partnership Investments in Timber. The equity method of accounting reports investments at fair value. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | All admission brochures, newspapers, advertisements etc include non-discrimination statements. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | The University participates in the Federal Perkins Loan Program, Federal Supplemental Educational Opportunity Grant; Federal Work-Study Program, Federal Pell Grant, Federal Family Educational Loan Programs, Texas Tuition Equalization Grant, Texas Grant, Leveraging Educational Assistance Partnership (LEAP), Science and Mathematics Access to Retain Talent (SMART), Academic Competitiveness Grant (ACG) and Supplemental Leveraging Educational Assistance Partnership (SLEAP) through the state of Texas and receives federal and state funding for research grants and contracts. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (36 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees |
|---|---|---|---|---|---|
| Europe | Program Services | Art Acquisition | 15195 | ||
| Europe | Program Services | Faculty Development | 96116 | ||
| Europe | Program Services | Student Recruiting | 10956 | ||
| Europe | Program Services | Research | 25473 | ||
| Europe | Program Services | Study Abroad | 3385738 | 1 | 2 |
| North America | Program Services | Art Acquisition | 2067 | ||
| North America | Program Services | Faculty Development | 31402 | ||
| North America | Program Services | Student Recruiting | 1811 | ||
| North America | Program Services | Research | 4131 | ||
| North America | Program Services | Study Abroad | 95018 | ||
| East Asia and the Pacific | Fundraising | Alumni Relations | 12317 | ||
| East Asia and the Pacific | Program Services | Faculty Development | 35576 | ||
| East Asia and the Pacific | Program Services | Program Development | 1523 | ||
| East Asia and the Pacific | Program Services | Student Recruiting | 43117 | ||
| East Asia and the Pacific | Program Services | Research | 6009 | ||
| East Asia and the Pacific | Program Services | Study Abroad | 849349 | ||
| Central America and the Caribbean | Program Services | Faculty Development | 5365 | ||
| Central America and the Caribbean | Program Services | Research | 1564 | ||
| Central America and the Caribbean | Program Services | Study Abroad | 2073 | ||
| Central America and the Caribbean | Program Services | Student Recruiting | 1282 | ||
| Russia and the Newly Independant States | Program Services | Study Abroad | 4303 | ||
| Russia and the Newly Independant States | Program Services | Study Abroad | 30251 | ||
| South America | Program Services | Faculty Development | 3272 | ||
| South America | Program Services | Student Recruiting | 3769 | ||
| South America | Program Services | Research | 3543 | ||
| South America | Program Services | Study Abroad | 97708 | ||
| Sub-Saharan Africa | Program Services | Faculty Development | 16631 | ||
| Sub-Saharan Africa | Program Services | Student Recruiting | 1500 | ||
| Middle East and North Africa | Program Services | Faculty Development | 2417 | ||
| Middle East and North Africa | Program Services | Study Abroad | 29492 | ||
| Middle East and North Africa | Program Services | Recruiting | 3199 | ||
| South Asia | Program Services | Faculty Development | 2230 | ||
| South Asia | Program Services | Student Recruiting | 4617 | ||
| South Asia | Program Services | Study Abroad | 56687 | ||
| Central America and the Caribbean | Investments | ||||
| Europe | Investments |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 2 | TotalNumberOfEmployees |
| Total Amount Spent | 4885701 | TotalAmountSpent |
Form990 Schedule F Part IV Form990ScheduleFPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method Used to Acccount for Expenditures: | Identifier |
| Explanation | Schedule F, Part I, Line 3: The University accounts for all expenditures on an accrual basis and makes all reimbursements under an accountable plan. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Lecture Series | NameOfEvent1 |
| Gross Receipts Event1 | 1627150 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 875459 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 751691 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 74758 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 80247 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 518906 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 953239 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Tower Center Medal of Freedom | NameOfEvent2 |
| Gross Receipts Event2 | 705250 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 335251 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 369999 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 148267 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 6718 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 12 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 1303348 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 494731 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 808617 | GrossRevenueOtherEvents |
| Non Cash Prizes Other Events | 15274 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 63148 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 294583 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 504114 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 243434 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 3635748 | GrossReceiptsTotal |
| Charitable Contributions Total | 1705441 | CharitableContributionsTotal |
| Gross Revenue Total Events | 1930307 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 15274 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 137906 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 523097 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1023020 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 1203391 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 2902688 | DirectExpenseSummaryEvents |
| Net Income Summary | -972381 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Student Tuition Grants and Scholarships | TypeOfGrant |
| Number Of Recipients | 6779 | NumberOfRecipients |
| Amount Of Cash Grant | 4285679 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 110066162 | AmountOfNonCashAssistance |
| Method Of Valuation | Book | MethodOfValuation |
| Description Of Non Cash Assistance | Tuition, Fees, Room and Board Allowances | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The University provides financial aid to students to enable them to attend the University. All financial aid recipients are selected on an equal objectively determinable basis with other recipients. That is, all students receiving scholarships and fellowships are judged worthy based on the University's assessment of academic achievement, financial need and other similar standards. A list of recipients of scholarships and fellowships is on file at the University in the Financial Aid Office. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 1 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (22 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R Gerald Turner | |||||||||||||
| 554193 | 0 | 0 | 0 | 41593 | 0 | 233181 | 0 | 120031 | 0 | 948998 | 0 | 0 | 0 |
| Paul Ludden | |||||||||||||
| 370342 | 0 | 0 | 0 | 13996 | 0 | 24500 | 0 | 9173 | 0 | 418011 | 0 | 0 | 0 |
| Thomas Barry | |||||||||||||
| 239533 | 0 | 0 | 0 | 16209 | 0 | 23884 | 0 | 12068 | 0 | 291694 | 0 | 0 | 0 |
| Michael Condon | |||||||||||||
| 333566 | 0 | 78311 | 0 | 35601 | 0 | 24500 | 0 | 14954 | 0 | 486932 | 0 | 0 | 0 |
| Paul Ward | |||||||||||||
| 298435 | 0 | 142678 | 0 | 22076 | 0 | 24500 | 0 | 11416 | 0 | 499105 | 0 | 0 | 0 |
| Lori White | |||||||||||||
| 209608 | 0 | 0 | 0 | 9951 | 0 | 21366 | 0 | 7250 | 0 | 248175 | 0 | 0 | 0 |
| Brad Cheves | |||||||||||||
| 295865 | 0 | 0 | 0 | 16311 | 0 | 24500 | 0 | 10954 | 0 | 347630 | 0 | 0 | 0 |
| Christine Casey | |||||||||||||
| 287101 | 0 | 0 | 0 | 14420 | 0 | 19600 | 0 | 7662 | 0 | 328783 | 0 | 0 | 0 |
| Albert Niemi Jr | |||||||||||||
| 425760 | 0 | 0 | 0 | 9089 | 0 | 24500 | 0 | 14866 | 0 | 474215 | 0 | 0 | 0 |
| Cordelia Candelaria | |||||||||||||
| 360814 | 0 | 0 | 0 | 3732 | 0 | 10417 | 0 | 1006 | 0 | 375969 | 0 | 0 | 0 |
| Peter Moore | |||||||||||||
| 166364 | 0 | 0 | 0 | 400 | 0 | 13125 | 0 | 13649 | 0 | 193538 | 0 | 0 | 0 |
| June Jones | |||||||||||||
| 1645274 | 0 | 32500 | 0 | 13792 | 0 | 24500 | 0 | 11016 | 0 | 1727082 | 0 | 0 | 0 |
| Matthew Doherty | |||||||||||||
| 549626 | 0 | 20000 | 0 | 5540 | 0 | 24500 | 0 | 17020 | 0 | 616686 | 0 | 0 | 0 |
| Steven Orsini | |||||||||||||
| 370688 | 0 | 0 | 0 | 14848 | 0 | 24500 | 0 | 21908 | 0 | 431944 | 0 | 0 | 0 |
| William Dillon | |||||||||||||
| 440797 | 0 | 0 | 0 | 2634 | 0 | 9861 | 0 | 17166 | 0 | 470458 | 0 | 0 | 0 |
| Miguel Quinones | |||||||||||||
| 327998 | 0 | 1485 | 0 | 280 | 0 | 18867 | 0 | 16983 | 0 | 365613 | 0 | 0 | 0 |
| Amit Basu | |||||||||||||
| 328702 | 0 | 0 | 0 | 879 | 0 | 21300 | 0 | 14986 | 0 | 365867 | 0 | 0 | 0 |
| Bezalel Gavish | |||||||||||||
| 294514 | 0 | 0 | 0 | 2307 | 0 | 22750 | 0 | 15085 | 0 | 334656 | 0 | 0 | 0 |
| S Leon Bennett | |||||||||||||
| 167166 | 0 | 0 | 0 | 16659 | 0 | 16800 | 0 | 7766 | 0 | 208391 | 0 | 0 | 0 |
| Thomas Tunks | |||||||||||||
| 177139 | 0 | 0 | 0 | 1748 | 0 | 18034 | 0 | 6397 | 0 | 203318 | 0 | 0 | 0 |
| Ross Murfin | |||||||||||||
| 262247 | 0 | 0 | 0 | 2766 | 0 | 24500 | 0 | 12407 | 0 | 301920 | 0 | 0 | 0 |
| John O'Connor | |||||||||||||
| 175186 | 0 | 0 | 0 | 1128 | 0 | 17908 | 0 | 7297 | 0 | 201519 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | The University's travel policy provides that travel expenses incurred by spouses are not reimbursable unless the spouse is traveling for a bona fide business purpose and the travel has been approved. Any exceptions to the policy require approval by the appropriate University officer. All spousal travel is processed under the provisions of the Tax Department's Spousal Travel policy which provides for evaluating the taxable component, if any, of the travel and the appropriate tax treatment and reporting. Appropriate approvals in accordance with policy are required prior to reimbursement. All gross-up payments have been appropriately approved in accordance with University policy prior to payment. The President is required under his employment contract to reside in the University provided residence. There is a policy regarding review/approval of social club dues. The University has established a reporting period of November 1 through October 31 for reporting personal use of a club and calculating the personal portion of dues that should be reported as taxable income. Any personal charges at social clubs are reimbursed to the University when the billing is received, prior to payment. The University provides services such as landscaping and residential repairs and maintenance for the President's residence, considering them necessary and appropriate for his use of the facility for business functions, and since it is a University owned asset. |
| Part I, Line 5 | There is one person listed in Form 990, Part VII, who received an incentive compensation bonus. The eligibility for and the amount of the payment is determined by two components: a quantitative measure of the performance of the University's Investment Pool against an appropriate benchmark and a qualitative measure based on factors such as risk mitigation, quality of decision making and contributions to advancement of the endowment. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| Southwest Higher Education Authority | ||||||
| 521442059 | 845040FB5 | 2003-12-18 | 30470393 | Renovation & construction of educational and related parking facilities | 0 | 0 |
| Southwest Higher Education Authority | ||||||
| 521442059 | 845040GD0 | 2007-02-14 | 100890740 | Advance refund portion of prin 1999A (1/20/99) and 2002 (7/3/02) bonds | 0 | 0 |
| Southwest Higher Education Authority | ||||||
| 521442059 | 845040HG2 | 2009-10-01 | 162035907 | New money and current refund 1999D (1/20/99) and the 2006 (3/1/06) bonds | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund | Amount DefeasedAmountDefeased | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|---|
| 32053295 | 731927 | 31321368 | 2010 | 0 | 0 | 1 | 1 | |||
| 110426510 | 1307789 | 0 | 1 | 0 | 1 | 3069346 | 109044372 | 74349 | ||
| 162036198 | 1221407 | 62912172 | 1 | 0 | 0 | 1 | 94638875 | 3263744 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 0 | 1 | 0.02600 | 0.00000 | 0.02600 | 1 |
| 0 | 0 | 1 | 1 | 1 | 0.01000 | 0.00000 | 0.01000 | 1 |
| 0 | 1 | 1 | 1 | 1 | 0.08000 | 0.00000 | 0.08000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|
| NA | |||||||
| 0 | 0 | 0 | 0 | NA | 1 | 1 | 0 |
| NA | |||||||
| 0 | 0 | 0 | 0 | NA | 1 | 0 | 0 |
| NA | |||||||
| 0 | 0 | 0 | 0 | NA | 1 | 0 | 1 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Relationship With OrganizationRelationshipWithOrganization | Type Of AssistanceTypeOfAssistance |
|---|---|
| Trustee | |
| Daughter | Scholarship Amount $ 15000. |
| Trustee | |
| Self | Grant and Scholarship Amount $ 35160. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 466935 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market or Appraisal | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 808417 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market or Appraisal | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 5750 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market or Appraisal | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 68 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 9879117 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market or Appraisal | MethodOfDeterminingRevenues |
Securities Prtnrshp Trust Intrsts SecuritiesPrtnrshpTrustIntrsts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1000039 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market or Appraisal | MethodOfDeterminingRevenues |
Historical Artifacts HistoricalArtifacts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 70250 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market or Appraisal | MethodOfDeterminingRevenues |
Scientific Specimens ScientificSpecimens
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 9000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market or Appraisal | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Software Lic. | 3 | 49650 | Market or Appraisal |
| X | Dinner Event | 6 | 12447 | Market or Appraisal |
| X | Event Tickets | 1451 | 632298 | Market or Appraisal |
| X | Pavers | 1 | 169320 | Market or Appraisal |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 17 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Third Party Use: | Identifier |
| Return Reference | Part I, Line 32b: | ReturnReference |
| Explanation | The University retains the service of certain financial brokerage firms to acquire, process and liquidate gifts of securities and pays a fee to the broker(s) for such services. In addition, the University retains the services of real estate brokerage firms to process and liquidate gifts of real property and pays a fee to the broker(s) for such services. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (23 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 2 | R. Gerald Turner has business relationships with John Tolleson, Alan Feld and Ray Hunt. Jeanne Phillips has a business relationship with Ray Hunt. Laura Bush has a business relationship with Ruth Altshuler. |
| Form 990, Part VI, Section A, line 7b | Pursuant to the Restated Articles of Incorporation of SMU, campus property may be sold or leased only with the consent of the South Central Jurisdictional Conference of the United Methodist Church. |
| Form 990, Part VI, Section B, line 11 | The completed Form 990 is provided to the Audit Committee of the Board of Trustees sufficiently in advance of the filing deadline to enable a detailed and conscientious review by the Committee. All questions, concerns, etc. of the Audit Committee are addressed by the University and incorporated into the Form 990 as required. The Form 990 is also placed on a secure website for all members of the governing body who are notified when it is ready for review. |
| Form 990, Part VI, Section B, line 12c | Pursuant to separate Board of Trustees policies relating to trustees, including members of Board committees and officers and key employees with administrative responsibilities respectively, each covered person completes an information and disclosure statement annually. The disclosures are reviewed by a Board committee to determine whether a material conflict of interest exists or is threatened. In the event of such a finding, such action as may be necessary is taken to eliminate the conflict or otherwise safeguard the interest of the University. |
| Form 990, Part VI, Section B, line 15 | The Compensation Committee of the SMU Board of Trustees consists of the Chair and Vice Chair of the Board; a Trustee Bishop; the representatives of the SMU Alumni Association, the Students' Association, and the Faculty Senate; and the Chairs of the Standing Committees of the Board. The Committee reviews and approves compensation decisions based upon appropriate comparability data and includes the advice of an independent compensation consultant and contemporaneous documentation of the compensation decisions. The Compensation Committee has all of the powers of the full Board in matters of compensation of corporate officers; however, the Compensation Committee reports to the full Board any action taken by the Committee. |
| Form 990, Part VI, Section C, line 18 | All requests for copies of Form 990 and 990-T are reviewed and processed by the Controller's Department of Southern Methodist University. Upon receiving a written request, the University provides a copy of the requested documentation within 30 days from the date of receipt. If the request is made in person, the University provides the copies on the day of the request, unless unusual circumstances prevent this in which case the requested documentation are provided within five days after the date of the request. |
| Form 990, Part VI, Section C, line 19 | The organization does not make its governing documents, conflict of interest policy and financial statements available to the public. |
| Form 990, Part XI, Line 2c | The Audit Committee for Southern Methodist University, the supported organization, is responsible for reviewing the consolidated audited Financial Statements and accompanying footnotes. During the Audit Committee meeting, the committee members are given an opportunity to ask questions of management and the audit firm. Significant transactions are highlighted in the Executive Summary. |
| Form 990, Part IV, Line 12 | The University did not receive a separate audited financial statement. However, the University's financial statements including the Balance Sheet and related Statements of Activities and Cash Flows were audited in accordance with GAAP and were reported on a consolidated basis. |
| Form 990, Part IV, Line 24(b) | The University plans to spend proceeds within the temporary period exception, but in cases when it does not, it prepares the appropriate arbitrage reporting and remits any excess earnings over the arbitrage yield to the government. |
| Form 990, Part IV, Line 24(c) | The University received a donation restricted for projects funded by bonds which was put into escrow until the earliest optional redemption date. |
| Form 990, Part VI, Section B, Line 14 | Southern Methodist University does not have a university-wide retention policy, but departments within the University have retention and destruction policies that reflect legislative or other legal requirements and good business practices. |
| Form 990, Part X | The Audited Financial Statement beginning balances were restated due to FSP SOP 94-3. Beginning balances on the Form 990 were not restated to reflect these financial accounting changes. |
| Schedule D, Part V | The endowment market values reported in this section do not include pledges receivable which are included for financial statement purposes in compliance with SFAS No. 116. Pledges do not generate income for spending and normally are not included when the University reports endowment fund market value for purposes other than the financial statements and are not included here. The market values include assets other than marketable securities reported at fair value. The University has not elected to report these assets at fair value for financial statement purposes, and accordingly, neither the unrealized gains and losses in prior years nor the gains in fiscal year 2010 are reported for financial statement purposes, except if those with losses are determined to be permanently impaired. As of May 31, 2010, the University had $152.3 million of unrealized gains that are reflected here but had not been recognized in its financial statements. |
| Schedule K, Part II, Line 2, Column B | A defeasance escrow from a donation is included here. |
| Schedule K, Part II, Line 3, Columns B and C | A portion of the refunding escrow from Bond Series 2007 in Column B was used to redeem the 1999A and 2002 bonds prior to 5/31/2010. The refunding proceeds of the Bond Series 2009 in Column C were used to current refund the 1999D and 2006 bonds prior to 5/31/2010. |
| Schedule K, Part II, Line 5 | A portion of the amounts on line 5 include credit enhancement costs. |
| Schedule K, Part II, Line 8, Column B | The Series 2007 bonds were refunding bonds. There were no new projects for which a year of substantial completion would need to be reported. |
| Schedule K, Part II, Line 12, Column B and C | The University has maintained adequate books and records for the allocations made to date. SMU always maintains adequate books and records when the final allocations are made. |
| Schedule K, Part III, Line 4, Column A and C | The University entered into short-term arrangements that created private business use. As planned, the University has taken action to either eliminate or reduce these arrangements in the tax year 2010. The University has computed the reasonably expected private business use over the life of each bond issue and confirmed that it will fit within the private business use limitation. |
| Schedule K, Part IV, Line 4d, Column A, B and C | The University did not invest in a GIC, however, answers are provided as they are required by the IRS for filing purposes. |
| Schedule K, Part IV, Line 6, Column C | The University reasonably expects to meet the spending requirements within the required timeframe. |
| Schedule R, Part V, Line 2 (1) | For the fiscal year ending May 31, 2010, rent from The Stadium Club, Inc. to SMU was $1,000. This amount was determined in order to allow a significant portion of the revenues from the Club to be reinvested in it rather than increasing annual lease payments to SMU. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| Peruna Holdings Corporation | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 204039621 | Supporting Organization | TX | 509(a)(3) | Line 11; Type I | N/A |
| Mustang Mockingbird Corporation | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 204216744 | Supporting Organization | TX | 509(a)(3) | Line 11; Type I | N/A |
| Mustang Airline Corporation | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 204217087 | Supporting Organization | TX | 509(a)(3) | Line 11; Type I | N/A |
| Mustang Mockingbird Properties | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 204216534 | Supporting Organization | TX | 509(a)(3) | Line 11; Type I | N/A |
| Peruna Properties Inc | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 752806008 | Supporting Organization | TX | 509(a)(3) | Line 11; Type I | N/A |
| Pony Properties Inc | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 200884887 | Supporting Organization | TX | 509(a)(3) | Line 11; Type I | N/A |
| Southern Methodist University Foundation for Research | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 200588905 | Supporting Organization | TX | 509(a)(3) | Line 11; Type I | N/A |
| The Stadium Club | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 752883207 | Social Club | TX | 501(c)(7) | N/A | |
| SMU Corp | |||||||||
| PO Box 750261 | Dallas | TX | 752750261 | 264739435 | Supporting Organization | TX | 501(c)(3) | Line 11; Type I | N/A |
| Conference USA | |||||||||
| 5201 North OConnor Blvd Suite 300 | Irving | TX | 752750261 | 364021594 | Supporting Organization | TX | 501(c)(3) | Line 11; Type III | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| The Stadium Club Inc | |
| M | 1000 |
| All other transactions marked yes above are with 501(c)(3) organizations | |
| 0 | |
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