MOODY BIBLE INSTITUTE OF CHICAGO: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MOODY BIBLE INSTITUTE OF CHICAGO (EIN 36-2167792)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-09
- IRS object ID
- 201113139349301026
- Schema version
- 2010v3.2
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-09T12:42:52-08:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362167792 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Moody Bible Institute of Chicago | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MOOD | NameControl |
| Phone | 3123294000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 N LaSalle Blvd | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Kenneth D Heulitt | Name |
| Title | CFO | Title |
| Date Signed | 2011-11-09 | DateSigned |
| 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 | J Paul Nyquist | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 N LaSalle Blvd | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 119634410 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.moodyministries.net | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1887 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | The Moody Bible Institute exists to equip and motivate people to advance the cause of Christ through ministries that educate, edify and evangelize. We accomplish this mission most effectively through our outreach in education, broadcasting, publishing and conferences. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1971 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 57980 | TotalGrossUBI |
| Contributions Grants Prior Year | 38434131 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 39010542 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 44249234 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 51799231 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2858966 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3446337 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1557798 | OtherRevenuePriorYear |
| Other Revenue Current Year | 507408 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 87100129 | TotalRevenuePriorYear |
| Total Revenue Current Year | 94763518 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1308914 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1306489 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 53813353 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 53412014 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 622147 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 662940 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 8164475 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 36756864 | OtherExpensePriorYear |
| Other Expenses Current Year | 37482604 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 92501278 | TotalExpensesPriorYear |
| Total Expenses Current Year | 92864047 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -5401149 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1899471 | RevenuesLessExpensesCY |
| Total Assets BOY | 316497719 | TotalAssetsBOY |
| Total Assets EOY | 344172933 | TotalAssetsEOY |
| Total Liabilities BOY | 218183545 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 220668454 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 98314174 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 123504479 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The Moody Bible Institute exists to equip and motivate people to advance the cause of Christ through ministries that educate, edify and evangelize. We accomplish this mission most effectively through our outreach in education, broadcasting, publishing and conferences. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 44499249 | Expense |
| Grants | 1292954 | Grants |
| Revenue | 26271323 | Revenue |
| Description | Education:Through our undergraduate and graduate schools, and the distance learning center resources, we educate and train individuals to proclaim the gospel of Jesus Christ, to promote evangelism and to serve the evangelical Christian church vocationally and/or avocationally in its worldwide ministry.Number of Students (2010-2011 school year): Undergraduate School 2,886 Graduate School 481Forty-seven states and fifty countries are represented in the undergraduate and graduate school. International students now total 6.7% of the total.Undergraduate degrees (A.B.S., B.A., B.Mus., B.S. MAT, and B.S.) are offered in various majors including: Bible, Communications, Educational Ministries, Sports Ministry, Missionary Aviation and Technology, Pastoral Studies, Sacred Music, Theology, World Missions and Evangelism, Ministry Leadership.Graduate degree programs include Master of Divinty (MDiv), Master of Ministry (MMin), Master of Arts in Biblical Studies (MABS), Master of Arts in Intercultural Studies/Urban (MAIS/US), Master of Arts in Spiritual Formation/Discipleship (MASF/D), Graduate Certificate (GSC), Master of Arts in Counseling Psychology, Master of Theological Studies, Master of Arts in Christian Education.Distance Learning resources include On-line undergraduate and graduate courses, correspondence courses, regional classrooms, and AM Bible software. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 16795235 | Expense |
| Revenue | 17575710 | Revenue |
| Description | Publishing:The vision of Moody Publishers (MP) is to help our readers know, love and serve Jesus Christ. The mission of MP is to evangelize, educate, and equip individuals by publishing conservative evangelical Christian literature and other media for all ages around the world. In doing so, MP provides resources for MBI to train future Christian leaders.Each year MP seeks to add approximately Seventy new titles to its collection, which now includes more than one thousand titles in print.This year's most successful publications come from long-time MP authors Gary Chapman, Nancy Leigh DeMoss and John MacArthur. Gary Chapman is the author of the #1 New York Times Bestseller "The Five Love Languages" with over 7 million copies sold. Nancy Leigh DeMoss is the host and teacher for Revive our Hearts. John MacArthur is pastor-teacher of Grace Community Church in California. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 15088414 | Expense |
| Revenue | 3851512 | Revenue |
| Description | Broadcasting:Through the operation of 36 noncommercial Christian radio stations across the United States, Moody Radio broadcasts Christ centered radio programming of Bible messages, inspirational music, newscasts, current events, and special features. Moody Radio is also a major producer of original Christian programming content, which is carried by over 1000 radio outlets around the country. Moody Radio also programs multiple unique internet streams, along with providing programming via new smart-phone technology.Signature Moody Radio programming includes Today in the Word, Moody Presents, Midday Connection, Chris Fabry Live!, In the Market with Janet Parshall, Music Thru the Night, Sound of Majesty, Sunday Praise, The Land and the Book with Charlie Dyer, and Inside Look with Greg Wheatley. Special broadcasts throughout the year include MBI's Founder's Week, Pastor's Conference, as well as broadcasts of Moody's Music Department's concerts like Candlelight Carols and The Messiah. Additional services and programming are made available at www.moodyradio.org | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4285960 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 13535 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 4100686 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 80668858 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | false | 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 | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | 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 | false | 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 | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 8850 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1971 | 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 |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | 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 |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ken Heulitt | NamePerson |
| Telephone Number | 3123294000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 820 N LaSalle Blvd | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | Individual Trustee Or DirectorIndividualTrusteeOrDirector | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| William W Blocker | ||||||||
| Vice President | 38.75 | X | 83691 | 0 | 19538 | |||
| William D Thrasher | ||||||||
| Professor-Seminary | 38.75 | 109653 | 0 | 26165 | X | |||
| Thomas MacAdam | ||||||||
| Vice President | 38.75 | X | 123170 | 0 | 26682 | |||
| Thomas Fortson | ||||||||
| Trustee Ast Sec | 2.50 | X | 0 | 0 | 0 | X | ||
| Thomas A Shaw | ||||||||
| Vice President | 38.75 | X | 93964 | 0 | 24936 | |||
| Stephen A Oakley | ||||||||
| Vice President | 38.75 | X | 154416 | 0 | 32592 | |||
| Richard Yook | ||||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | |||
| Randy Fairfax | ||||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | |||
| Paul VonTobel III | ||||||||
| Trustee Sec. | 2.50 | X | 0 | 0 | 0 | X | ||
| Mark A Wagner | ||||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | |||
| Lloyd R Dodson | ||||||||
| Vice President | 38.75 | X | 145450 | 0 | 29200 | |||
| Linda M Wahr | ||||||||
| Controller | 38.75 | 100067 | 0 | 13895 | X | |||
| Larry J Davidhizar | ||||||||
| Vice Pre.1/1/10 | 38.75 | X | 89118 | 0 | 15851 | |||
| Kenneth D Heulitt | ||||||||
| CFO | 38.75 | X | 165461 | 0 | 16591 | |||
| Junias V Venugopal | ||||||||
| Provost 7/1/10 | 38.75 | X | 84187 | 0 | 29760 | |||
| John A Jelinek | ||||||||
| Vice President | 38.75 | X | 85257 | 0 | 19837 | |||
| Jerry B Jenkins | ||||||||
| Chairman | 2.50 | X | 0 | 0 | 0 | X | ||
| J Paul Nyquist | ||||||||
| President | 38.75 | X | 268873 | 0 | 40757 | X | ||
| Heidy Hartley | ||||||||
| Vice President | 0.00 | 76294 | 0 | 0 | X | |||
| Greg Thornton | ||||||||
| Vice President | 38.75 | X | 112085 | 0 | 26195 | |||
| Frank W Leber | ||||||||
| Vice President | 38.75 | X | 105301 | 0 | 20437 | |||
| Edward W Cannon | ||||||||
| COO | 38.75 | X | 182528 | 0 | 28733 | |||
| Douglas W Hastings | ||||||||
| Manager, Radio Adm | 38.75 | 106666 | 0 | 20666 | X | |||
| David Schipper | ||||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | |||
| Collin G Lambert | ||||||||
| Vice Pre9/20/10 | 38.75 | X | 92078 | 0 | 25386 | |||
| Christopher Denison | ||||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | |||
| Christine K Gorz | ||||||||
| Vice Pre.2/1/11 | 38.75 | X | 68276 | 0 | 18468 | |||
| Bervin Peterson | ||||||||
| Vice Chairman | 2.50 | X | 0 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2246535 | TotalReportableCompFromOrg |
| Total Other Compensation | 435689 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | true | 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 |
|---|---|---|---|---|---|
| WJ McGuire Co | |||||
| 1825 Holste Road | Northbrook | IL | 60062 | Tuckpointing | 353554 |
| Salem Radio Network | |||||
| 6400 N Belt Line Rd Ste 210 | Irving | TX | 75063 | Broadcasting | 247827 |
| KMA Direct Communication | |||||
| 7160 Dallas Parkway Suite 400 | Plano | TX | 75024 | Consultant Fdraising | 2131402 |
| Integra Color | |||||
| 3210 Innovative Way | Dallas | TX | 75267 | Printing / Publishng | 356462 |
| Belfor USA | |||||
| 1509 Brook Drive | Downers Grive | IL | 60515 | Building Restoration | 450261 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 16 | NumberOfContractorsGT100K |
| All Other Contributions | 39010542 | AllOtherContributions |
| Noncash Contributions | 480039 | NoncashContributions |
| Total Contributions | 39010542 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| Tuition and Student Fees | 14000743 | 14000743 |
| Sales of Literature | 17533895 | 17533895 |
| Other-Public Service | 8970662 | 8970662 |
| Auxilliary Services | 11293931 | 11293931 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 51799231 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3055080 | TotalRevenueColumn |
| Exclusion | $3,055,080 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1414608 | Real |
| Personal | 57980 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 965180 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 449428 | Real |
| Personal | 57980 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 507408 | TotalRevenueColumn |
| Unrelated Business Revenue | 57980 | UnrelatedBusinessRevenue |
| Exclusion | $449,428 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24295869 | Securities |
| Other | 1100 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 23889517 | Securities |
| Other | 16195 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 406352 | Securities |
| Other | -15095 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 391257 | TotalRevenueColumn |
| Exclusion | $391,257 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
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 | 94763518 | TotalRevenueColumn |
| Related Or Exempt Function Income | 51799231 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 57980 | UnrelatedBusinessRevenue |
| Exclusion | $3,895,765 | 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 | 1306489 | Total |
| Program Services | 1306489 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 2246191 | Total |
| Program Services | 1543420 | ProgramServices |
| Management And General | 540871 | ManagementAndGeneral |
| Fundraising | 161900 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30940 | Total |
| Program Services | 30940 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36713200 | Total |
| Program Services | 32931325 | ProgramServices |
| Management And General | 1569720 | ManagementAndGeneral |
| Fundraising | 2212155 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4286558 | Total |
| Program Services | 3812980 | ProgramServices |
| Management And General | 216339 | ManagementAndGeneral |
| Fundraising | 257239 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7635400 | Total |
| Program Services | 6743822 | ProgramServices |
| Management And General | 378395 | ManagementAndGeneral |
| Fundraising | 513183 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2499725 | Total |
| Program Services | 2215259 | ProgramServices |
| Management And General | 132737 | ManagementAndGeneral |
| Fundraising | 151729 | 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 | 275815 | Total |
| Program Services | 77582 | ProgramServices |
| Management And General | 179594 | ManagementAndGeneral |
| Fundraising | 18639 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 176266 | Total |
| Management And General | 176266 | 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 | 662940 | Total |
| Fundraising | 662940 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 261659 | Total |
| Program Services | 261659 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33370 | Total |
| Program Services | 33370 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3938336 | Total |
| Program Services | 3295245 | ProgramServices |
| Fundraising | 643091 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3547291 | Total |
| Program Services | 2888204 | ProgramServices |
| Management And General | 125856 | ManagementAndGeneral |
| Fundraising | 533231 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1357631 | Total |
| Program Services | 1191093 | ProgramServices |
| Management And General | 90263 | ManagementAndGeneral |
| Fundraising | 76275 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3528760 | Total |
| Program Services | 3528760 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4128143 | Total |
| Program Services | 3895399 | ProgramServices |
| Management And General | 198913 | ManagementAndGeneral |
| Fundraising | 33831 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1585597 | Total |
| Program Services | 736842 | ProgramServices |
| Management And General | 64633 | ManagementAndGeneral |
| Fundraising | 784122 | 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 | 152558 | Total |
| Program Services | 135838 | ProgramServices |
| Management And General | 15599 | ManagementAndGeneral |
| Fundraising | 1121 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5278724 | Total |
| Program Services | 4974256 | ProgramServices |
| Management And General | 201635 | ManagementAndGeneral |
| Fundraising | 102833 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 470056 | Total |
| Program Services | 388353 | ProgramServices |
| Management And General | 33983 | ManagementAndGeneral |
| Fundraising | 47720 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Student Dining | 1436263 | 1436263 | ||
| Other Outside Services | 2067838 | 1752017 | 46673 | 269148 |
| Other Fundraising Expense | 1535844 | 1535844 | ||
| Miscellaneous Expense | 1771647 | 1574659 | 55478 | 141510 |
| Cost of Sales | 4082097 | 4082097 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1854709 | Total |
| Program Services | 1832986 | ProgramServices |
| Management And General | 3759 | ManagementAndGeneral |
| Fundraising | 17964 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92864047 | Total |
| Program Services | 80668858 | ProgramServices |
| Management And General | 4030714 | ManagementAndGeneral |
| Fundraising | 8164475 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | X | JointCosts |
Total Joint Costs TotalJointCosts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1458175 | Total |
| Program Services | 1178099 | ProgramServices |
| Management And General | 128310 | ManagementAndGeneral |
| Fundraising | 151766 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1421330 | BOY |
| EOY | 2913238 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2589016 | BOY |
| EOY | 4772009 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5337410 | BOY |
| EOY | 6579405 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4860840 | BOY |
| EOY | 5198329 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1181226 | BOY |
| EOY | 927806 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4182079 | BOY |
| EOY | 4836720 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1948525 | BOY |
| EOY | 2182850 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 146463380 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 92026901 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56836709 | BOY |
| EOY | 54436479 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77635968 | BOY |
| EOY | 91532246 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9259764 | BOY |
| EOY | 8787831 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151244852 | BOY |
| EOY | 162006020 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316497719 | BOY |
| EOY | 344172933 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7395294 | BOY |
| EOY | 8957106 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210788251 | BOY |
| EOY | 211711348 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 218183545 | BOY |
| EOY | 220668454 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32133308 | BOY |
| EOY | 49362926 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37633610 | BOY |
| EOY | 44589077 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28547256 | BOY |
| EOY | 29552476 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98314174 | BOY |
| EOY | 123504479 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316497719 | BOY |
| EOY | 344172933 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1899471 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 23290834 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 4 | NumberDAFsHeld |
| Donor Advised Contributions | 7196 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 22669 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 339744 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 42716952 | BeginningOfYearBalance |
| Contributions | 3827990 | Contributions |
| Investment Earnings Or Losses | 6329926 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 453805 | GrantsOrScholarships |
| Other Expenditures | 59370 | OtherExpenditures |
| End Of Year Balance | 52361693 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 39014497 | BeginningOfYearBalance |
| Contributions | 349892 | Contributions |
| Investment Earnings Or Losses | 4589771 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 282421 | GrantsOrScholarships |
| Other Expenditures | 954787 | OtherExpenditures |
| End Of Year Balance | 42716952 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 45054118 | BeginningOfYearBalance |
| Contributions | 473486 | Contributions |
| Investment Earnings Or Losses | -4682261 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 548436 | GrantsOrScholarships |
| Other Expenditures | 1282410 | OtherExpenditures |
| End Of Year Balance | 39014497 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.34000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.56000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.10000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14394622 | OtherCostOrOtherBasis |
| Book Value | 14394622 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 108949633 | OtherCostOrOtherBasis |
| Depreciation | 75625424 | Depreciation |
| Book Value | 33324209 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 668780 | OtherCostOrOtherBasis |
| Depreciation | 235275 | Depreciation |
| Book Value | 433505 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13494945 | OtherCostOrOtherBasis |
| Depreciation | 11577038 | Depreciation |
| Book Value | 1917907 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8955400 | OtherCostOrOtherBasis |
| Depreciation | 4589164 | Depreciation |
| Book Value | 4366236 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 54436479 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Trust Holdings | 157557723 |
| Other | 349952 |
| Investments other | 2304613 |
| Investments in land and buildings | 1793732 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 162006020 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Trust Obligations | $123,997,215 |
| Other | $295,728 |
| Annuity Contract Actuarial Reserve | $46,762,529 |
| Accrued Pens. & Postretirement Health Be | $40,655,876 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 211711348 | TotalOfAmounts |
| Total Revenue | 94763518 | TotalRevenue |
| Total Expenses | 92864047 | TotalExpenses |
| Excess Or Deficit For Year | 1899471 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 10483415 | NetUnrealizedGLOnInvestments |
| Other | $12,807,419 | OtherAmount |
| Total Adjustments | 23290834 | TotalAdjustments |
| Excess Or Deficit Per FS | 25190305 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 97757541 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1661530 | NetUnrealizedGainsInvestments |
| Other Revenues | 577018 | OtherRevenues |
| Revenue Not Rptd F990 | 2238548 | RevenueNotRptdF990 |
| Revenue Subtotal | 95518993 | RevenueSubtotal |
| Investment Expenses Not Included | 209707 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -965182 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -755475 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 94763518 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 95011958 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2452129 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2452129 | ExpensesNotRptdF990 |
| Expenses Subtotal | 92559829 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 209707 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 94511 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 304218 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 92864047 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | Income Taxes: The Institute has received a determination letter from the Internal Revenue Service indicating that the Institute has been recognized as tax-exempt pursuant to Section 501(c)(3) of the Internal Revenue Code and, except for taxes pertaining to unrelated business income, is exempt from federal and state income taxes. No provision has been made for income taxes in the accompanying financial statements, as the Institute has had no significant unrelated business income.The Institute adopted guidance issued by the FASB with respect to accounting for uncertainty in income taxes as of July 1, 2009. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The adoption had no effect on the Institute's financial statements. The Institute recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Institute has no amounts accrued for interest or penalties as of June 30, 2011.Due to its tax-exempt status, the Institute is not subject to U.S. federal income tax or state income tax. The Institute is no longer subject to examination by U.S. federal or state taxing authorities for years before June 30, 2008. The Institute does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. |
| Part XIII, Line 4b | Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Asset Retirement Obligation $94511 |
| Part XIII, Line 2d | Part XIII, Line 2d: Other expenses and losses per audited F/S | Rental expense $965182 Michigan Theological Seminary Expense $1486947 |
| Part XII, Line 2d | Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 | Endowment Gifts $-627146 Michigan Theological Seminary Income $1204164 |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | Change in value of split interest agreements $5040857 Change in Value of Pension Obligation $7982432 Postretirement Health change in value $ -215870 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | Permanently restricted endowment has been given for basically two purposes: Operating expenses of the Institute including maintenance of certain buildings, and Scholarships for students. |
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 | ExplanationExplanation |
|---|---|
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | Racial discrimination policy is printed in the school catalog. |
| Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency | MBI received Pell and ACG grants for the first time in fiscal year 2010-2011. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| Douglas Shaw | ||||||||
| 1717 Park St | Naperville | IL | 60563 | Consulting | false | 60349 | 31344 | 29005 |
| DonorCare | ||||||||
| 4535 Strausser | N Canton | OH | 44720 | Phone | false | 62188 | 83572 | |
| KMA Direct Comm | ||||||||
| 7160 Dallas Pky | Plano | TX | 75024 | Direct mail | false | 11548908 | 548024 | 11000884 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 11671445 | TotalGrossReceipts |
| Total Retained By Contractors | 662940 | TotalRetainedByContractors |
| Total Net To Organization | 11029889 | TotalNetToOrganization |
| Licensed States | WY | LicensedStates |
| Licensed States | WI | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | VT | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | TX | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | SD | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NV | LicensedStates |
| Licensed States | NE | LicensedStates |
| Licensed States | MT | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | IA | LicensedStates |
| Licensed States | IN | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | ID | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | DC | LicensedStates |
| Licensed States | DE | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | AK | LicensedStates |
| Licensed States | AL | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships to students | TypeOfGrant |
| Number Of Recipients | 413 | NumberOfRecipients |
| Amount Of Cash Grant | 1306489 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | Scholarships are granted to deserving students based on the terms of the grant establishing the particular scholarship fund. For example, some scholarships are available only to students in the Missions Department, or Music majors, etc., while some scholarships funds can be given to any student who can show a need. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | 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 | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg |
|---|---|---|---|---|
| Stephen A Oakley | ||||
| 154416 | 11082 | 21510 | 187008 | |
| Lloyd R Dodson | ||||
| 145450 | 10689 | 18511 | 174650 | |
| Kenneth D Heulitt | ||||
| 165461 | 11861 | 4730 | 182052 | |
| J Paul Nyquist | ||||
| 268873 | 18918 | 21839 | 309630 | |
| Heidy Hartley | ||||
| 29884 | 76294 | 46410 | ||
| Edward W Cannon | ||||
| 182528 | 13037 | 15696 | 211261 | |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Sch J, Part I, Line 1a | Identifier |
| Return Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | ReturnReference |
| Explanation | Housing Allowance is included on the individuals W-2 in box 5 Medicare wages and tips since it is Federal tax exempt. Only ordained ministers receive the housing allowance.J. Paul Nyquist has housing allowance which is Federal, State, and FICA exempt as he requested to be exempted from paying self-employment tax on his earnings under section 1402(e) of the IRC.The Institute has covered some spousal travel for officers to donor events. The Institute has requested that President J. Paul Nyquist's wife travel with him. This is not considered taxable compensation.Severance was paid out on the following officer: Heidy Hartly $46,410 | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| Junias Venugopal | ||||||
| Bridge Loan | X | $20,000 | 20000 | false | false | true |
| J Paul Nyquist | ||||||
| To obtain a home | X | $500,000 | 500000 | false | true | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 520000 | TotalBalanceDue |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Loans to OfficersTo assist the president in obtaining a home adjacent to the Institute, the trustees approved a loan from the Institute in the amount of $500,000. This note has a rate of 4.0% per annum and is held as part of the Institute notes in the Operating fund. The president is currently paying interest only.A bridge loan was made to the Provost until his former home sells. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contributions | 39 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 473176 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Quoted prices | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6863 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Misc | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Audited Financial Statements and 990s and 990Ts are available on our website as well as through the mail by request. We also make available upon request our By-laws and Conflict of Interest Policy. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | See note under compensation for CEO and top executives. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | All officers, trustees and key employees complete a conflict of interest questionnaire each year. These questionnaires are reviewed by our General Counsel and action is taken if conflicts need to be resolved. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | The 990 and 990T are reviewed by the Audit Committee of the Board of Trustees. The Audit Committee reports to the board its findings. The entire board is also presented with a copy. This happens prior to the return being filed with the IRS. |
| Form 990, Part III, Line 4d | Form 990, Part III, Line 4d : Other Program Services Description | OTHER PROGRAM SERVICES 4: Other Programs include our Conference Ministries and various programs that support our mission. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michigan Theological Seminary | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 41550 E Ann Arbor Trail | AddressLine1 |
| City | Plymouth | City |
| State | MI | State |
| ZIP Code | 48170 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382812695 | EIN |
| Primary Activities | Seminary and graduate school | PrimaryActivities |
| Legal Domicile State | MI | LegalDomicileState |
| Exempt Code Section | 501(c)3 | ExemptCodeSection |
| Public Charity Status | 2 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Moody Bible Institute of Chicago | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | true | ControlledOrg |
| 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 | true | 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 | true | 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 |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Michigan Theological Seminary | ||
| n | 104168 | Service Charges |
| Michigan Theological Seminary | ||
| d | 212614 | Due from Acct |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Related Organization | Identifier |
| Explanation | Michigan Theological Seminary was acquired for zero dollars by The Moody Bible Institute as of January 1, 2010. | Explanation |
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