BUTLER UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BUTLER UNIVERSITY (EIN 35-0867977)
- Tax period
- 2010-06-01 to 2011-05-31
- Filed
- 2011-12-27
- IRS object ID
- 201103619349300400
- Schema version
- 2010v3.4
- 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 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 | 2011-12-27T08:35:00-06:00 | Timestamp |
| Tax Period End Date | 2011-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N Illinois Street | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 350867977 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Butler University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BUTL | NameControl |
| Phone | 3179409779 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 Sunset Avenue | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46208 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE ARICK | Name |
| Title | VP FINANCE/ASST. TREASURER | Title |
| Phone | 3179409779 | Phone |
| Date Signed | 2011-12-21 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOYCE DULWORTH | Name |
| Phone | 3173834000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES DANKO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 SUNSET AVENUE | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 235785679 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.butler.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1850 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE THE HIGHEST QUALITY LIBERAL AND PROFESSIONAL EDUCATION AND TO INTEGRATE THE LIBERAL ARTS WITH PROFESSIONAL EDUCATION BY CREATING AND FOSTERING A STIMULATING INTELLECTUAL COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 33 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3238 | TotalNbrEmployees |
| Total Nbr Volunteers | 2526 | TotalNbrVolunteers |
| Total Gross UBI | 70012 | TotalGrossUBI |
| Contributions Grants Prior Year | 5782180 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12522918 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 149494222 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 162611919 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8128342 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7657442 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 78149 | OtherRevenuePriorYear |
| Other Revenue Current Year | 100089 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 163482893 | TotalRevenuePriorYear |
| Total Revenue Current Year | 182892368 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 43434483 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 46403990 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 76884496 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 79098697 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2065141 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 46976465 | OtherExpensePriorYear |
| Other Expenses Current Year | 51005365 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 167295444 | TotalExpensesPriorYear |
| Total Expenses Current Year | 176508052 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3812551 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6384316 | RevenuesLessExpensesCY |
| Total Assets BOY | 340555560 | TotalAssetsBOY |
| Total Assets EOY | 373220085 | TotalAssetsEOY |
| Total Liabilities BOY | 125978737 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 124619864 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 214576823 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 248600221 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE THE HIGHEST QUALITY OF LIBERAL AND PROFESSIONAL EDUCATION AND TO INTEGRATE THE LIBERAL ARTS WITH PROFESSIONAL EDUCATION, BY CREATING AND FOSTERING A STIMULATING INTELLECTUAL COMMUNITY BUILT UPON INTERACTIVE DIALOGUE AND INQUIRY AMONG STUDENTS, FACULTY, AND STAFF. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 156934381 | Expense |
| Grants | 46403990 | Grants |
| Revenue | 162611919 | Revenue |
| Description | EDUCATION BUTLER IS A NATIONALLY RECOGNIZED COMPREHENSIVE UNIVERSITY ENCOMPASSING SIX COLLEGES: BUSINESS, COMMUNICATION, EDUCATION, FINE ARTS, LIBERAL ARTS AND SCIENCES, AND PHARMACY AND HEALTH SCIENCES. TOGETHER, THESE COLLEGES OFFER OVER 60 UNDERGRADUATE MAJORS, EIGHT PRE-PROFESSIONAL MAJORS, ONE FIRST PROFESSIONAL AND 18 MASTER'S DEGREES. AROUND 4,600 STUDENTS ARE ENROLLED AT BUTLER, REPRESENTING 45 STATES AND 52 COUNTRIES. NINETY-FOUR PERCENT OF BUTLER STUDENTS WILL HAVE PARTICIPATED IN SOME FORM OF INTERNSHIP, STUDENT TEACHING, CLINICAL ROTATION, RESEARCH OR SERVICE LEARNING BY THE TIME THEY GRADUATE. IN ADDITION TO THIS PROFESSIONAL EXPERIENCE, BUTLER STUDENTS DEVELOP LIFELONG SKILLS IN CRITICAL THINKING, EFFECTIVE COMMUNICATION, COOPERATIVE TEAMWORK AND ETHICAL DECISION MAKING. BUTLER ENDEAVORS TO PREPARE STUDENTS NOT SIMPLY TO MAKE A LIVING, BUT TO LIVE LIVES OF PURPOSE IN WHICH PERSONAL FLOURISHING IS INTERTWINED WITH THE WELFARE OF OTHERS. BUTLER'S OVERALL PLACEMENT RATE WITHIN SIX MONTHS OF GRADUATION AVERAGES 93 PERCENT, INCLUDING 23 PERCENT WHO GO ON TO GRADUATE OR PROFESSIONAL SCHOOLS. AUXILIARY CLOWES MEMORIAL HALL BUTLER UNIVERSITY'S 2,200-SEAT CLOWES MEMORIAL HALL OPENED TO THE PUBLIC ON OCT. 18, 1963. THIS PROFESSIONAL PERFORMING ARTS FACILITY IS HOME TO CLOWES PRESENTS - AN ANNUAL SERIES OF MUSIC, THEATRE AND DANCE PERFORMANCES - AND A K-12 EDUCATION PROGRAM. CLOWES IS ALSO THE HOME OF RESIDENT COMPANIES SUCH AS THE INDIANAPOLIS OPERA, JCFA'S MUSIC AT BUTLER AND THE BUTLER BALLET. OTHER GREAT ORGANIZATIONS SUCH AS BROADWAY IN INDIANAPOLIS, MUSIC FOR ALL (BANDS OF AMERICA) AND BUTLER'S VISITING WRITERS SERIES, DIVERSITY LECTURE SERIES AND RELIGION SEMINARS ALL USE THE FACILITY. HEALTH AND RECREATION COMPLEX A HEALTH AND RECREATION COMPLEX THAT IS EQUIPPED WITH RECREATION COURTS, AN INDOOR JOGGING TRACK, AN AQUATICS AREA, A WEIGHT AND FITNESS SPACE, AND A LOUNGE AND A JUICE BAR, OPENED IN FALL 2006. STUDENTS ENROLLED IN AT LEAST 12 CREDIT HOURS ARE AUTOMATIC MEMBERS OF THE HRC. MEMBERSHIP IS ALSO AVAILABLE TO UNIVERSITY FACULTY, STAFF, ALUMNI AND A LIMITED NUMBER OF COMMUNITY MEMBERS. ATHLETICS BUTLER OFFERS 19 INTERCOLLEGIATE SPORTS. ALL COMPETE IN THE HORIZON LEAGUE, EXCEPT FOOTBALL, WHICH IS A MEMBER OF THE PIONEER FOOTBALL LEAGUE. THROUGHOUT THE YEARS, BUTLER'S STUDENT ATHLETES HAVE COMPILED IMPRESSIVE RECORDS BOTH ON AND OFF THE PLAYING COURT AND FIELD. OVER THE PAST FIVE YEARS, BUTLER TEAMS HAVE CAPTURED 29 CONFERENCES IN TWO DIFFERENT LEAGUES. THE BULLDOGS HAVE MADE APPEARANCES IN NCAA NATIONAL CHAMPIONSHIP TOURNAMENTS IN MEN'S AND WOMEN'S BASKETBALL, MEN'S SOCCER, VOLLEYBALL, MEN'S CROSS COUNTRY, LACROSSE, AND BASEBALL. CURRENTLY, BUTLER HAS OVER 350 STUDENT-ATHLETES. ROOM AND BOARD BUTLER STUDENTS CAN CHOOSE FROM A NUMBER OF HOUSING OPTIONS, INCLUDING AN UPPERCLASSMAN RESIDENTIAL APARTMENT VILLAGE, AN APARTMENT-STYLE RESIDENCE HALL, ONE ALL-WOMEN RESIDENCE HALL, TWO COEDUCATIONAL RESIDENCE HALLS WITH OPTIONAL LIVING-LEARNING CENTERS, AND A COMBINED 15 FRATERNITIES AND SORORITIES. ALL BUTLER UNDERGRADUATES ARE REQUIRED TO LIVE ON CAMPUS THROUGH JUNIOR YEAR. | Description |
| Total Program Service Expense | 156934381 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | true | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 5973 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 3238 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 33 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BUTLER UNIV BUSINESS OFFICE | NamePerson |
| Telephone Number | 3179409779 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 SUNSET AVENUE | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46208 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (43 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 |
|---|---|---|---|---|---|---|---|---|
| KATHRYN G BETLEY | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| KEVIN AULT | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| KEITH W BURKS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| HOWARD SCHROTT | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ALBERT M CHEN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JOHN D COOKE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RICHARD CUMMINGS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| CLAUDE E DAVIS JR | ||||||||
| TREASURER | 1.0 | X | 0 | 0 | 0 | X | ||
| ROLLIN M DICK | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| RONALD W DOLLENS | ||||||||
| VICE CHAIRMAN | 1.0 | X | 0 | 0 | 0 | X | ||
| JOHN B DUNN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| CRAIG E FENNEMAN | ||||||||
| VICE CHAIRMAN | 1.0 | X | 0 | 0 | 0 | X | ||
| THOMAS J FISCHER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| GARY BUTKUS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JOHN R HARGROVE | ||||||||
| CHAIRMAN | 1.0 | X | 0 | 0 | 0 | X | ||
| R MICHAEL HENDERSON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| BETTY L LOFTON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| STEPHEN E MCKENZIE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| COREY B MCPHERRIN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ROBERT L MYERS | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| WAYNE E PATRICK | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| SHARI ALEXANDER RICHEY | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JATINDER BIR SINGH SANDHU | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| HOWARD L SHEARON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| MELISSA STONE-HICKMAN | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JAMES P WHITE | ||||||||
| SECRETARY | 1.0 | X | 0 | 0 | 0 | X | ||
| EUGENE WHITE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| BILLIE LOU WOOD | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| DENNIS BASSETT | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| KEITH FALLER | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| M JAMES JOHNSTON | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JAMES LILL | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| JAMIE PHILLIPPE | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| BOBBY FONG | ||||||||
| PRESIDENT | 50.0 | 338180 | 0 | 55022 | X | |||
| BRUCE ARICK | ||||||||
| VP OF FINANCE/ASST TREASURER | 50.0 | 177128 | 0 | 37195 | X | |||
| MARK HELMUS | ||||||||
| VP ADVANCEMENT/ASST SECRETARY | 50.0 | 147794 | 0 | 34094 | X | |||
| ELLEN A CLARK | ||||||||
| EXEC ASST.-PRESIDENT/ASST. SEC | 50.0 | 48699 | 0 | 8791 | X | |||
| JAYNE COMSTOCK | ||||||||
| PROVOST/VP ACADEMIC AFFAIRS | 50.0 | 194865 | 0 | 29453 | X | |||
| BRAD STEVENS | ||||||||
| HEAD COACH, MEN'S BASKETBALL | 50.0 | 799975 | 0 | 53422 | X | |||
| MARY ANDRITZ | ||||||||
| DEAN, PHARM & HEALTH SCI COLL | 50.0 | 222244 | 0 | 36863 | X | |||
| LARRY O'CONNOR | ||||||||
| EXECUTIVE DIR, CLIENT SERVICES | 50.0 | 220144 | 0 | 42618 | X | |||
| BARRY COLLIER | ||||||||
| ATHLETIC DIRECTOR | 50.0 | 225755 | 0 | 38492 | X | |||
| CHARLES WILLIAMS | ||||||||
| DEAN, COLLEGE OF BUSINESS | 50.0 | 225635 | 0 | 41666 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2600419 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 377616 | TotalOtherCompensation |
| Number Individuals GT100 K | 9 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ANTHEM | |||||
| PO BOX 951254 | CLEVELAND | OH | 44193 | INSURANCE | 6622434 |
| ARAMARK CATERING SERVICE | |||||
| 704 WEST HAMPTON DRIVE | INDIANAPOLIS | IN | 46208 | BOARD/CATERING | 4830825 |
| VP CONSTRUCTION | |||||
| PO BOX 20816 | INDIANAPOLIS | IN | 46220 | CONSTRUCTION | 3085291 |
| US BANK CORPORATE PAYMENT SYSTEM | |||||
| PO BOX 790428 | ST LOUIS | MO | 63179 | CARD SERVICER | 2507053 |
| NORLEASE INC | |||||
| 50 S LA SALLE STREET 1 | CHICAGO | IL | 60603 | RENT/LEASING | 1308133 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 94 | NumberOfContractorsGT100K |
| Fundraising Events | 34349 | FundraisingEvents |
| Government Grants | 1193282 | GovernmentGrants |
| All Other Contributions | 11295287 | AllOtherContributions |
| Noncash Contributions | 329889 | NoncashContributions |
| Total Contributions | 12522918 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| STUDENT TUITION AND FEES | 900099 | 127867144 | 127867144 |
| RESIDENCE HALLS/ROOM & BOARD | 611710 | 17905246 | 17905246 |
| ATHLETIC REVENUE | 611710 | 5447632 | 5447632 |
| AUXILIARY REVENUE | 900099 | 4376440 | 4376440 |
| OTHER MISCELLANOUS | 611710 | 7015457 | 7015457 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 162611919 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3716575 | TotalRevenueColumn |
| Unrelated Business Revenue | -20167 | UnrelatedBusinessRevenue |
| Exclusion | $3,736,742 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18325 | TotalRevenueColumn |
| Exclusion | $18,325 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 122254 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 32075 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 90179 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 90179 | TotalRevenueColumn |
| Unrelated Business Revenue | 90179 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 54574076 | Securities |
| Other | 2186577 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 51209810 | Securities |
| Other | 1628301 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3364266 | Securities |
| Other | 558276 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3922542 | TotalRevenueColumn |
| Exclusion | $3,922,542 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 33035 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 34349 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 23125 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9910 | TotalRevenueColumn |
| Exclusion | $9,910 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 182892368 | TotalRevenueColumn |
| Related Or Exempt Function Income | 162611919 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 70012 | UnrelatedBusinessRevenue |
| Exclusion | $7,687,519 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45693795 | Total |
| Program Services | 45693795 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 710195 | Total |
| Program Services | 710195 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 846903 | Total |
| Management And General | 846903 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59719542 | Total |
| Program Services | 51375568 | ProgramServices |
| Management And General | 7197499 | ManagementAndGeneral |
| Fundraising | 1146475 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4325236 | Total |
| Program Services | 3704719 | ProgramServices |
| Management And General | 536601 | ManagementAndGeneral |
| Fundraising | 83916 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10115288 | Total |
| Program Services | 7046475 | ProgramServices |
| Management And General | 2882826 | ManagementAndGeneral |
| Fundraising | 185987 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4091728 | Total |
| Program Services | 3481884 | ProgramServices |
| Management And General | 532677 | ManagementAndGeneral |
| Fundraising | 77167 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 720443 | Total |
| Program Services | 47371 | ProgramServices |
| Management And General | 673072 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 145659 | Total |
| Management And General | 145659 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4204 | Total |
| Management And General | 4204 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9721023 | Total |
| Program Services | 7946829 | ProgramServices |
| Management And General | 1532262 | ManagementAndGeneral |
| Fundraising | 241932 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 803127 | Total |
| Program Services | 561143 | ProgramServices |
| Management And General | 239665 | ManagementAndGeneral |
| Fundraising | 2319 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6640512 | Total |
| Program Services | 6041043 | ProgramServices |
| Management And General | 440411 | ManagementAndGeneral |
| Fundraising | 159058 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 732088 | Total |
| Program Services | 563169 | ProgramServices |
| Management And General | 165041 | ManagementAndGeneral |
| Fundraising | 3878 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9009651 | Total |
| Program Services | 7917513 | ProgramServices |
| Management And General | 1090898 | ManagementAndGeneral |
| Fundraising | 1240 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5420296 | Total |
| Program Services | 4637863 | ProgramServices |
| Management And General | 665001 | ManagementAndGeneral |
| Fundraising | 117432 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308918 | Total |
| Program Services | 267161 | ProgramServices |
| Management And General | 35139 | ManagementAndGeneral |
| Fundraising | 6618 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4868722 | Total |
| Program Services | 4328742 | ProgramServices |
| Management And General | 539980 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11930333 | Total |
| Program Services | 11015276 | ProgramServices |
| Management And General | 915057 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1155932 | Total |
| Program Services | 763107 | ProgramServices |
| Management And General | 376861 | ManagementAndGeneral |
| Fundraising | 15964 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| ALLOCATION OF INDIRECT COSTS | -5438753 | -3650390 | -1788363 | |
| AUXILIARY | 1549218 | 1351052 | 189910 | 8256 |
| DUES, FEES, & SUBSCRIPTIONS | 1012837 | 840236 | 169196 | 3405 |
| REPAIRS & MAINTENANCE | 919937 | 847213 | 72724 | |
| MISCELLANEOUS | 1501218 | 1444417 | 45307 | 11494 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 176508052 | Total |
| Program Services | 156934381 | ProgramServices |
| Management And General | 17508530 | ManagementAndGeneral |
| Fundraising | 2065141 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12419761 | BOY |
| EOY | 14075202 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5306459 | BOY |
| EOY | 6385693 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2244385 | BOY |
| EOY | 2418775 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 458637 | BOY |
| EOY | 449920 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11151969 | BOY |
| EOY | 11564049 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 223266 | BOY |
| EOY | 237490 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 627402 | BOY |
| EOY | 949071 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 292578634 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 178432453 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116299987 | BOY |
| EOY | 114146181 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143654680 | BOY |
| EOY | 165864072 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31534831 | BOY |
| EOY | 38888208 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16634183 | BOY |
| EOY | 18241424 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340555560 | BOY |
| EOY | 373220085 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12625240 | BOY |
| EOY | 14121506 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4341491 | BOY |
| EOY | 4812469 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98784600 | BOY |
| EOY | 95484049 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10227406 | BOY |
| EOY | 10201840 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125978737 | BOY |
| EOY | 124619864 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52396130 | BOY |
| EOY | 73392687 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29585949 | BOY |
| EOY | 39215690 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132594744 | BOY |
| EOY | 135991844 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 214576823 | BOY |
| EOY | 248600221 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340555560 | BOY |
| EOY | 373220085 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6384316 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 27639082 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 135891556 | BeginningOfYearBalance |
| Contributions | 3272033 | Contributions |
| Investment Earnings Or Losses | 31515273 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2515275 | GrantsOrScholarships |
| Other Expenditures | 5384824 | OtherExpenditures |
| End Of Year Balance | 162778763 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 121617939 | BeginningOfYearBalance |
| Contributions | 698601 | Contributions |
| Investment Earnings Or Losses | 21898697 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2722098 | GrantsOrScholarships |
| Other Expenditures | 5601583 | OtherExpenditures |
| End Of Year Balance | 135891556 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 173514699 | BeginningOfYearBalance |
| Contributions | 4940842 | Contributions |
| Investment Earnings Or Losses | -47919053 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2900284 | GrantsOrScholarships |
| Other Expenditures | 6018265 | OtherExpenditures |
| End Of Year Balance | 121617939 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.08440 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.91560 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | true | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | true | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1475828 | OtherCostOrOtherBasis |
| Book Value | 1475828 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 198481231 | OtherCostOrOtherBasis |
| Depreciation | 98800881 | Depreciation |
| Book Value | 99680350 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6262998 | OtherCostOrOtherBasis |
| Depreciation | 5654906 | Depreciation |
| Book Value | 608092 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 36563178 | OtherCostOrOtherBasis |
| Depreciation | 31650651 | Depreciation |
| Book Value | 4912527 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49795399 | OtherCostOrOtherBasis |
| Depreciation | 42326015 | Depreciation |
| Book Value | 7469384 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 114146181 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUND | 7769976 | F |
| VENTURE CAPITAL - ALT INVEST | 5421962 | F |
| REALTY - ALT INVEST | 1748034 | F |
| PRIVATE EQUITY - ALT INVEST | 6983832 | F |
| NATURAL RESOURCES - ALT INVEST | 10865525 | F |
| LOANS/FIXED INC - ALT INVEST | 6098879 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 38888208 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES AND TRUST PAYABLE | $1,788,515 |
| ADV FROM GOV - STUDENT LOANS | $7,462,528 |
| FUNDS HELD FOR CAMPUS ORGS | $950,797 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 10201840 | TotalOfAmounts |
| Total Revenue | 182892368 | TotalRevenue |
| Total Expenses | 176508052 | TotalExpenses |
| Excess Or Deficit For Year | 6384316 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 27639082 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 27639082 | TotalAdjustments |
| Excess Or Deficit Per FS | 34023398 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 164978058 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 27639082 | NetUnrealizedGainsInvestments |
| Other Revenues | 850598 | OtherRevenues |
| Revenue Not Rptd F990 | 28489680 | RevenueNotRptdF990 |
| Revenue Subtotal | 136488378 | RevenueSubtotal |
| Other Revenues Not Included | 46403990 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 46403990 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 182892368 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 130104062 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 130104062 | ExpensesSubtotal |
| Other Expenses Not Included | 46403990 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 46403990 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 176508052 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXEMPT PURPOSE | SCHEDULE D, PART III, LINE 4 | BUTLER UNIVERSITY MAINTAINS WORKS OF ART, MUSICAL INSTRUMENTS, AND A RARE BOOK COLLECTION FOR EDUCATION, SCHOLARLY RESEARCH, AND PRESERVATION FOR FUTURE GENERATIONS. |
| INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS | SCHEDULE D, PART V, LINE 4 | THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). THE ENDOWMENT IS AVAILABLE FOR SCHOLARSHIPS, ACADEMIC PROGRAMS, AND OTHER INSTITUTIONAL SUPPORT. |
| FIN 48 DISCLOSURE | SCHEDULE D, PART X | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| RECONCILIATION ITEMS | SCHEDULE D, PART XII & PART XIII | PART XII, LINE 2D INCOME & EXPENSES OF BUTLER FOUNDATION $850,598 PART XII, LINE 4B & PART XIII, LINE 4B SCHOLARSHIPS $46,403,990 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PUBLICATION OF THE ORGANIZATION'S NONDISCRIMINATORY POLICY | SCHEDULE E, LINE 3 | PER THE STUDENT HANDBOOK, "BUTLER UNIVERSITY IS COMMITTED TO THE PRINCIPLE OF EQUAL OPPORTUNITY. IT DOES NOT KNOWINGLY DISCRIMINATE AGAINST ANY APPLICANT, STUDENT OR EMPLOYEE ON THE BASIS OF SEX, SEXUAL ORIENTATION, RACE, COLOR, AGE, RELIGION OR NATIONAL, ETHNIC OR GEOGRAPHICAL ORIGIN. IT ATTEMPTS TO MAKE ITS PROGRAMS EQUALLY ACCESSIBLE TO ALL QUALIFIED APPLICANTS REGARDLESS OF PHYSICAL OR MENTAL DISABILITY. THIS SCHOOL IS AUTHORIZED UNDER FEDERAL LAW TO ENROLL NON-IMMIGRANT ALIEN STUDENTS." |
| FINANCIAL AID RECEIVED FROM A GOVERNMENTAL AGENCY | SCHEDULE E, LINE 6A | BUTLER UNIVERSITY RECEIVES CERTAIN AMOUNTS FROM GOVERNMENTAL AGENCIES FOR SUPPORT OF ITS RESEARCH AND EDUCATIONAL PROGRAM. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 1 | Program Services | EDUCATION | 453 |
| Europe (Including Iceland and Greenland) | 0 | 9 | Program Services | EDUCATION | 199734 |
| North America | 0 | 1 | Program Services | EDUCATION | 14400 |
| Russia and the Newly Independent States | 0 | 2 | Program Services | EDUCATION | 40357 |
| South America | 0 | 2 | Program Services | EDUCATION | 28100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 15 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 15 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 283044 | SubtotalAmountSpent |
| Total Amount Spent | 283044 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (7 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|
| FINANCIAL AID FOR STUDENTS | Cent. America/Caribbean | 16 | 112848 |
| FINANCIAL AID FOR STUDENTS | East Asia/Pacific | 36 | 160765 |
| FINANCIAL AID FOR STUDENTS | Europe/Iceland/Greenland | 93 | 381642 |
| FINANCIAL AID FOR STUDENTS | Middle East/North Africa | 1 | 3873 |
| FINANCIAL AID FOR STUDENTS | North America | 2 | 4275 |
| FINANCIAL AID FOR STUDENTS | Russia | 1 | 3550 |
| FINANCIAL AID FOR STUDENTS | South America | 6 | 43242 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING USE OF GRANT FUNDS OUTSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE F, PART I, LINE 2 | ReturnReference |
| Explanation | BUTLER UNIVERSITY HAS STUDENTS WHO STUDY ABROAD. THE FINANCIAL AID RECEIVED BY STUDENTS WHO STUDY ABROAD IS A REDUCTION OR WAIVER OF BUTLER UNIVERSITY TUITION WHILE THE STUDENT IS STUDYING ABROAD. BUTLER UNIVERSITY HAS WRITTEN QUALIFICATION CRITERIA FOR STUDENT FINANCIAL AID AND FOLLOWS A WRITTEN APPROVAL PROCESS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLFEST | NameOfEvent1 |
| Gross Receipts Event1 | 67384 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 34349 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 33035 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 2669 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 12262 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 7012 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 1182 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 67384 | GrossReceiptsTotal |
| Charitable Contributions Total | 34349 | CharitableContributionsTotal |
| Gross Revenue Total Events | 33035 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 2669 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 12262 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 7012 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 1182 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 23125 | DirectExpenseSummaryEvents |
| Net Income Summary | 9910 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS FOR STUDENTS | TypeOfGrant |
| Number Of Recipients | 3576 | NumberOfRecipients |
| Amount Of Cash Grant | 45693795 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | BUTLER UNIVERSITY HAS WRITTEN QUALIFICATION CRITERIA FOR STUDENT FINANCIAL AID AND FOLLOWS A WRITTEN APPROVAL PROCESS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BOBBY FONG | |||||||||||
| 336170 | 0 | 0 | 0 | 2010 | 0 | 33071 | 0 | 21951 | 0 | 393202 | 0 |
| BRUCE ARICK | |||||||||||
| 177128 | 0 | 0 | 0 | 0 | 0 | 17713 | 0 | 19482 | 0 | 214323 | 0 |
| MARK HELMUS | |||||||||||
| 146852 | 0 | 0 | 0 | 942 | 0 | 14685 | 0 | 19409 | 0 | 181888 | 0 |
| BRAD STEVENS | |||||||||||
| 620828 | 0 | 170000 | 0 | 9147 | 0 | 24500 | 0 | 28922 | 0 | 853397 | 0 |
| MARY ANDRITZ | |||||||||||
| 213584 | 0 | 7500 | 0 | 1160 | 0 | 21358 | 0 | 15505 | 0 | 259107 | 0 |
| LARRY O'CONNOR | |||||||||||
| 217644 | 0 | 2500 | 0 | 0 | 0 | 21764 | 0 | 20854 | 0 | 262762 | 0 |
| BARRY COLLIER | |||||||||||
| 178938 | 0 | 40000 | 0 | 6817 | 0 | 17894 | 0 | 20598 | 0 | 264247 | 0 |
| JAYNE COMSTOCK | |||||||||||
| 193020 | 0 | 0 | 0 | 1845 | 0 | 19302 | 0 | 10151 | 0 | 224318 | 0 |
| CHARLES WILLIAMS | |||||||||||
| 213338 | 0 | 10000 | 0 | 2297 | 0 | 21334 | 0 | 20332 | 0 | 267301 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| OTHER BENEFITS | SCHEDULE J, PART I, LINE 1A | BUTLER UNIVERSITY PROVIDES A RESIDENCE AND HOUSEHOLD SERVICES FOR DR. BOBBY FONG, THE UNIVERSITY'S PRESIDENT. THE RESIDENCE AND HOUSEHOLD SERVICES ARE NOT INCLUDED IN DR. FONG'S TAXABLE INCOME. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF BUTLER UNIVERSITY, AND IT IS AVAILABLE FOR USE TO HOST FACULTY, STAFF, AND STUDENT FUNCTIONS. DR. FONG WAS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF HIS EMPLOYMENT, AND HIS RESIDENCE IS CONTIGUOUS TO BUTLER'S CAMPUS. BUTLER UNIVERSITY PAYS SOCIAL CLUB DUES FOR DR. BOBBY FONG, BARRY COLLIER, AND BRAD STEVENS. THE PERSONAL USE OF THESE DUES IS INCLUDED IN EACH EMPLOYEE'S TAXABLE INCOME. |
| NON-FIXED PAYMENTS | SCHEDULE J, PART I, LINE 7 | BUTLER UNIVERSITY PROVIDED NON-FIXED PAYMENTS TO BARRY COLLIER AND BRAD STEVENS AS BONUSES AS OUTLINED IN THEIR WRITTEN EMPLOYMENT CONTRACTS. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANA FINANCING AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521698917 | IssuerEIN |
| CUSIP Number | S86442720 | CUSIPNumber |
| Date Issued | 2004-09-15 | DateIssued |
| Issue Price | 56300000 | IssuePrice |
| Description Of Purpose | FITNESS FACILITY & APT VILLAGE | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 57875069 | TotalProceeds |
| Amount In Reserve Fund | 3706100 | AmountInReserveFund |
| Working Capital Expenditures | 2863514 | WorkingCapitalExpenditures |
| Capital Expenditures | 51305455 | CapitalExpenditures |
| Year Of Subst Completion | 2006 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | true | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | true | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00810 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.03330 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.04140 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | true | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | true | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAYNE COMSTOCK | NamePerson |
| Purpose Of Loan | HOME MORTGAGE LOAN | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $475,000 | OriginalPrincipalAmount |
| Balance Due | 449920 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 449920 | TotalBalanceDue |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LOANS TO INTERESTED PERSONS | Identifier |
| Return Reference | SCHEDULE L, PART II | ReturnReference |
| Explanation | THE LOAN LISTED WAS PROVIDED TO JAYNE COMSTOCK UNDER BUTLER UNIVERSITY'S FIRST MORTGAGE PROGRAM AND SECURED BY THE PROPERTY. THE FIRST MORTGAGE PROGRAM IS AVAILABLE TO EMPLOYEES WHO MEET THE ELIGIBILITY REQUIREMENTS SET BY THE BOARD OF TRUSTEES. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 30 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 321725 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | STOCK QUOTE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | TRAVEL/FOOD | 1 | 2800 | COST |
| X | SIGNAGE | 1 | 5364 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | USE OF THIRD PARTIES TO SELL NONCASH CONTRIBUTIONS | Identifier |
| Return Reference | SCHEDULE M, PART I, LINE 32A | ReturnReference |
| Explanation | BUTLER UNIVERSITY USES AN AUCTION HOUSE TO SELL NONCASH CONTRIBUTIONS AND WELLS FARGO TO SELL DONATIONS OF STOCK. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROCESS TO REVIEW FORM 990 | FORM 990, PART VI, LINE 11A | BUTLER UNIVERSITY'S BOARD OF DIRECTORS HAS FORMALLY DELEGATED AUTHORITY FOR THE REVIEW OF ITS FORM 990 TO THE BUTLER UNIVERSITY AUDIT COMMITTEE. IN ADDITION, BUTLER'S OUTSIDE ACCOUNTING FIRM REVIEWED THE FORM 990 PRIOR TO FILING. BUTLER UTILIZED THIS PROCESS TO ENSURE THAT ITS FORM 990 RECEIVED SUBSTANTIVE REVIEW BY DIRECTORS AND PROFESSIONALS WITH SPECIFIC KNOWLEDGE OF BUTLER'S ACTIVITIES AND EXTENSIVE FINANCIAL, ACCOUNTING AND TAX EXPERTISE. |
| MONITORING & ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C | BUTLER UNIVERSITY HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE ANNUAL DISCLOSURE REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO DISCLOSE, IN WRITING, ANY KNOWN FINANCIAL INTEREST THAT THE INDIVIDUAL (TOGETHER WITH FAMILY MEMBERS) HAS IN ANY BUSINESS ENTITY THAT TRANSACTS BUSINESS WITH BUTLER UNIVERSITY. IN ADDITION, DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST THAT ARISES MID-YEAR IN RELATION TO A PROPOSED TRANSACTION. THE CONFLICT OF INTEREST POLICY REQUIRES THAT ANY INDIVIDUAL WITH A CONFLICT BE RECUSED FROM THE DECISIONMAKING PROCESS, THAT INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS DETERMINE THAT THE PROPOSED TRANSACTION IS IN THE BEST INTERESTS OF BUTLER UNIVERSITY, AND THE TRANSACTION MUST BE APPROVED BY A VOTE OF THE INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS WITHOUT THE PARTICIPATION OF ANY INTERESTED INDIVIDUAL. THE ANNUAL CONFLICT DISCLOSURE STATEMENTS ARE SUBMITTED TO, AND REVIEWED BY, THE AUDIT COMMITTEE, COMPOSED OF INDEPENDENT OUTSIDE DIRECTORS. IN ADDITION, THE EXECUTIVE STAFF IS RESPONSIBLE FOR MONITORING ANY POSSIBLE CONFLICT TRANSACTIONS THAT ARISE AND MANAGING THEM TO ENSURE THAT ALL TRANSACTIONS REPRESENT ARMS' LENGTH, FAIR MARKET VALUE TERMS FOR THE BENEFIT OF BUTLER UNIVERSITY. |
| PROCESS TO DETERMINE PRESIDENT & OFFICER COMPENSATION | FORM 990, PART VI, LINES 15A & 15B | BUTLER UNIVERSITY HAS ADOPTED AN EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS POLICY THAT ENSURES THAT ALL COMPENSATION ARRANGEMENTS WITH RELATED PARTIES ARE EVALUATED AND ENTERED AT ARMS' LENGTH AND THAT ANY COMPENSATION THAT IS PAID TO A RELATED PARTY IS REASONABLE AND REFLECTS FAIR MARKET VALUE. THE POLICY ENCOURAGES THE APPLICATION OF THE REBUTTABLE PRESUMPTION STANDARD OF CODE SECTION 4958 AND THE RELATED TREASURY REGULATIONS BY (A) EXCLUDING ANY INTERESTED PARTY FROM THE DECISIONMAKING PROCESS; (B) REQUIRING DISINTERESTED BOARD OR COMMITTEE MEMBERS TO OBTAIN AND RELY UPON COMPARABILITY DATA WHEN SETTING THE PROPOSED COMPENSATION TERMS; (C) REQUIRING APPROVAL OF THE TRANSACTION IN ADVANCE BY DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS; AND (D) REQUIRING CONTEMPORANEOUS DOCUMENTATION (I.E., MINUTES) REFLECTING THE DECISION AND THE PROCESS BY WHICH IT WAS MADE. BUTLER UNIVERSITY HAS DELEGATED AUTHORITY REGARDING EXECUTIVE COMPENSATION MATTERS TO THE EXECUTIVE COMPENSATION COMMITTEE, COMPOSED OF INDEPENDENT OUTSIDE DIRECTORS. THE COMMITTEE IS RESPONSIBLE FOR APPLYING THE TERMS AND PROCESS OF THE EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS POLICY AS OUTLINED ABOVE. |
| AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, FORM 990, AND FS | FORM 990, PART VI, LINE 19 | THE UNIVERSITY MAKES THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE UNIVERSITY'S BUSINESS OFFICE AND LIBRARY. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. CHANGE IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 5 UNREALIZED GAIN: $27,639,082 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUTLER FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 SUNSET AVENUE | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46208 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 356016441 | EIN |
| Primary Activities | GIFT RECEIPT | PrimaryActivities |
| Legal Domicile State | IN | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 11A | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUTLER UNIV | BusinessNameLine1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|
| C C TRUST | ||||||||||
| 505 CARR ROAD MAC Y5017-023 | WILMINGTON | DE | 19809 | TRUST | DE | NA | TRUST | 0 | 252674 | 0.70000 |
| A S TRUST | ||||||||||
| 101 W WASHINGTON STREET | INDIANAPOLIS | IN | 46255 | IRR TRUST | IN | NA | IRR TRUST | 0 | 1845897 | 1.00000 |
| P T TRUST | ||||||||||
| 770 NORTH WATER STREET | MILWAUKEE | WI | 53202 | TRUST | WI | NA | TRUST | 0 | 190624 | 1.00000 |
| R D TRUST | ||||||||||
| 222 DELAWARE AVENUE 14TH FLOOR | WILMINGTON | DE | 19801 | TRUST | DE | NA | TRUST | 0 | 1242671 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
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