2011-05-16T13:16:42-05:00 2010-06-30 BKD LLP 190 E Capitol Street Suite 500 Jackson MS 392012190 990 2009-07-01 640303084 Millsaps College MILL 6019741100 PO Box 150433 Jackson MS 39210 LOUISE BURNEY 2011-05-15 6019486700 2009 2016-02-24 21:20:13Z LOUISE BURNEY PO Box 150433 Jackson MS 39210 81150263 false X www.millsaps.edu X 1890 MS Millsaps College is a private nonprofit liberal arts college based in Jackson, Mississippi. The college provides education and training services for students at the undergraduate and graduate levels. 40 40 935 18059 9420465 5293358 32923164 34502501 626451 867559 4456257 2047771 47426337 42711189 15388124 17287013 0 0 20948191 19138254 35577 39262 1393878 15826312 15052928 52198204 51517457 -4771867 -8806268 145154783 145151118 45554244 44205299 99600539 100945819 MILLSAPS COLLEGE IS DEDICATED TO ACADEMIC EXCELLENCE, TO OPEN INQUIRY AND FREE EXPRESSION, TO THE EXPLORATION OF FAITH TO INFORM VOCATION, AND TO THE INNOVATIVE SHAPING OF THE SOCIAL, ECONOMIC, AND CULTURAL PROGRESS OF OUR REGION. false false 43621876 17236241 29265253 Educational facilities and personnel providing an ideal atmosphere for learning for approximately 1,100 students. This is achieved with one teacher for every 11 students and an average class size of 15. 406468 5237248 Auxiliary enterprises including the housing of 77% of the approximately 1,100 students enrolled. 44028344 true true false false false false false false true true false true true false true true true true false false false false true true true false false false false false false false false false false true false false false true true true true false true 312 0 true 935 true true true false false false false false false false false 40 40 false false false false false false false true true false false true true true true true true true true false MS X LOUISE BURNEY 6019741100 1701 N STATE STREET JACKSON MS 39210 Joan Bailey 1.0 X Paul Benton 1.0 X Warren Black 1.0 X Dan Bowling 1.0 X Steven Casteel 1.0 X Jim Coggin 1.0 X Vonda Reeves-Darby 1.0 X Will Flatt 1.0 X Tom Fowlkes 1.0 X Cris Glick 1.0 X Maurice Hall 1.0 X Monica Sethi Harrigill 1.0 X Karen Koons Hayden 1.0 X Richard Hickson 1.0 X Carolyn Hood 1.0 X Randy James 1.0 X Archie Lamb 1.0 X Eason Leake 1.0 X Bob Leggett 1.0 X John Lindsey 1.0 X Hal Malchow 1.0 X Bill McAlilly 1.0 X Jeff McDonald 1.0 X Vaughan Mcrae 1.0 X Mike McRee 1.0 X Don Mitchell 1.0 X Cooper Morrison 1.0 X Luther Ott 1.0 X Bud Robinson Jr 1.0 X Toddy Sanders 1.0 X Steven Smith 1.0 X Hope Ward 1.0 X William Yates III 1.0 X Zachary Beasley 1.0 X Bill Bynum 1.0 X Lisa Garvin 1.0 X Richard Mills 1.0 X Paul Ogden 1.0 X Joey Shelton 1.0 X Murray Underwood 1.0 X Frances Lucas 40.0 X 320400 0 893712 Richard A Smith 40.0 X 106073 0 12057 Charles Lewis 40.0 X 118964 0 27076 Louise Burney 40.0 X 126536 0 13371 Brit Katz 40.0 X 96695 0 11719 Todd Rose 40.0 X 122295 0 8583 Howard McMillan 40.0 X 153887 0 0 David Davis 40.0 X 97189 0 20722 George Bey 40.0 X 134121 0 10827 Jesse Beeler 40.0 X 158811 0 12731 Kimberly Burke 40.0 X 161535 0 26384 Robert McElvaine 40.0 X 116080 0 25749 Penelope Prenshaw 40.0 X 112951 0 15752 1825537 0 1078683 16 false true false Harrell Contracting Group LLC PO Box 12850 JACKSON MS 39236 Construction 7404480 Valley Innovative Services PO Box 5454 JACKSON MS 39288 Food Services 2161257 Partners Associates Inc 510 Union Avenue KNOXVILLE TN 37902 Developer 398506 GLAHI Trust 200 S Sacker Drive CHICAGO IL 60606 Insurance 1994390 EIIA Inc 200 South Wacker Drive Ste 1000 CHICAGO IL 60606 Insurance 396716 21 285288 1396543 3611527 207232 5293358 TUITION AND FEES 611600 28845174 28845174 SALES AND SERVICES AUXILIARY ENTERPRISES 611710 5237248 5237248 INCOME FROM FUNDS HELD IN TRUST BY OTHERS 900099 420079 420079 34502501 2045309 18213 2027096 399 399 10000 10000 54911 54911 54911 54911 35020702 231782 36197633 233000 -1176931 -1218 -1178149 -1178149 0 0 3705175 2008441 1696734 1696734 LAWSUIT SETTLEMENT 900099 125000 125000 COKE CONTRACT PAYMENTS 900099 60400 60400 ABESTOS SETTLEMENT 900099 51736 51736 48990 15501 -154 33643 286126 42711189 36214736 18059 1185036 0 17236241 17236241 50772 50772 0 1101415 228273 684928 188214 0 14898345 12201380 1867101 829864 479924 396401 59488 24035 1602426 1134091 468335 1056144 831015 168074 57055 0 45709 45709 115475 115475 0 39262 39262 0 343645 222415 121230 726657 275884 409702 41071 2736612 2172542 497168 66902 423924 84560 339364 0 2635705 2635705 1461856 1142406 217141 102309 0 564105 296954 267151 1401725 1401725 0 3532452 3532452 603051 603051 TELEPHONE 157330 20590 136136 604 POSTAGE 206383 92219 76135 38029 EQUIPMENT RENTAL & MAINT. 98299 72719 19047 6533 51517457 44028344 6095235 1393878 8918316 4481444 597276 1523398 6866894 5088506 492380 537793 2654957 2482339 654031 725833 96136560 59599090 36514781 36537470 48647969 54159926 17255218 20426926 22552961 19187483 145154783 145151118 6283919 4331185 2233550 2610177 31384000 30670000 382662 334484 543456 436500 4726657 5822953 45554244 44205299 X 21563036 20711086 24020165 25217010 54017338 55017723 99600539 100945819 145154783 145151118 X false true true X true true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73354213 1129261 12743174 3221296 1947092 82058260 91555006 3966083 -15834787 3096335 3235754 73354213 0.37000 0.50000 0.13000 true false 411185 411185 74893504 42344202 32549302 18142562 15511132 2631430 2689309 1743756 945553 36537470 PRIVATELY HELD STOCK 20426926 F 20426926 FUNDS HELD IN TRUST 11539703 INVESTMENT IN MILLSAPS DEV INC 3458596 CASH SURRENDER VALUE LIFE INS 1358927 INVESTMENT HELD UNDER NOTE IND 2830257 19187483 0 LIABILITY FOR FINANCIAL INSTRUMENT 3730756 LIABILITY FOR ASSET RETIREMENT 279763 ADVANCE UNDER GOVERNMENT LOANS 1812434 5822953 Part V, Line 4: The intended uses of the endowment are primarily student scholarships, faculty chairs, and salaries and academic departmental support. Part X, Line 2: Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. true true true THE POLICY IS PUBLICIZED THROUGH CATALOGS, THE WEBSITE, AND ANY PUBLICATIONS FOR ADMISSIONS. true true true true false false false false false false false false true false FUNDS PROVIDED BY THE UNITED STATES GOVERNMENT UNDER THE FEDERAL PERKINS STUDENT LOAN PROGRAMS ARE FOR REVOLVING LOANS TO QUALIFIED STUDENTS. THESE FUNDS ARE ULTIMATELY REFUNDABLE TO THE GOVERNMENT AND ARE INCLUDED IN LIABILITIES. true true Central America and the Caribbean Program Services Study Abroad Program 43035 East Asia and the Pacific Program Services Study Abroad Program 52660 Europe (Including Iceland and Greenland) Program Services Study Abroad Program 187105 Middle East and North Africa Program Services Study Abroad Program 26336 North America Program Services Study Abroad Program 69394 South America Program Services Study Abroad Program 22759 North America Program Services Academic Facilities 15860 North America Program Services Research 90392 North America Program Services Study Abroad Facility 104747 612288 North America Research 42772 Wire 1 Scholarship North America 1 8000 Wire Part I, Line 2: Procedures are in place for monitoring the use of grant funds outside of the United States. Millsaps sponsors the activities of Kaxil Kiuic, a Mexican nonprofit organization. Kaxil Kiuic is dedicated to preserving the enviornment and the cultural heritage of the Maya by promoting knowledge through educational programs centered at Helen Moyers Biocultural Reserve. Millsaps budgets annually for the funds provided to Kaxil Kiuic and monitors adherence to that budget. The Reserve Director provides an account of these funds to the Reserve Board or Directors. Procedures and conditions are designed to insure that individuals receiving disbursements are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy based on the institution's assessment of academic achievement, financial need, and other similar standards. X X X X X X true Ross Johnston Kersting Fundraising Consultant false 17120 17120 MS true Sponsored Scholarships 158 713160 Endowed Scholarships 295 1617493 Other Scholarships 1059 13971488 SEOG 156 195425 Federal ACG Grant 78 60125 Federal Smart Grant 19 60000 LEAP Scholarships 20 28327 MS Tuition Assistance Grant 247 178150 MS Eminent Scholars 92 221250 Critical Need Teachers Scholarship 2 18432 HELP State Grant 6 27804 Federal Work Study 159 144587 Part I, Line 2: Procedures and conditions are designed to insure that individuals receiving disbursements are adequately investigated to insure that they are qualifying recipients. Students receiving scholarships and fellowships are judged worthy based on the institution's assessment of academic achievement, financial need, and other similar standards. X X X true true X X X X X true false false false false false false false false Frances Lucas 266731 0 0 0 53669 0 874457 0 19255 0 1214112 0 0 0 Jesse Beeler 158137 0 0 0 674 0 5952 0 6779 0 171542 0 0 0 Kimberly Burke 161420 0 0 0 115 0 5708 0 20676 0 187919 0 0 0 Howard McMillan 152124 0 0 0 1763 0 0 0 0 0 153887 0 0 0 Part I, Line 1a: Housing Allowance Frances Lucas Housing Allowance Todd Rose Country Club Membership Frances Lucas Personal Services (Maid) Frances Lucas All benefits provided are included in the compensation of the recipient. Part I, Line 4a Vice President, Todd Rose, received a severance payment of $19,518 upon his termination on October 15, 2009. Mississippi Business Finance Corp 640679132 2008-08-05 31000000 See Schedule O false false 31000000 2479375 265304 13041875 2011 true false false true false false false false true false true true Compass Bank 15. false false false X 22 207232 FMV 0 false true false Form 990, Page 6, Part VI, Section B, Line 11A: The Form 990 is reviewed in detail by the audit committee prior to filing with the IRS. A copy of the Form 990 is then provided to the entire Board prior to filing with the IRS. Form 990, Page 6, Part VI, Section B, Line 12c: Board members and officers complete and file a written conflict of interest statement annually. These statements are maintained in the President's office. The Business Office reviews and reports all findings on the Form 990. If a conflict of interest exists, the board member does not vote on the specific issue. Form 990, Page 6, Part VI, Section B, Line 15a&b: Compensation for the President is reviewed and approved by the Compensation and Executive Committees of the Board. Compensation for other officers is approved by the President. Compensation for officers is determined from review of market comparisons and performance measurements with other similar universities. Form 990, Page 6, Part VI, Section C, Line 19: The organization's governing documents and conflict of interest policy are available to the public upon request. Schedule K, Part I, Line A, Column (f) & Form 990, Part X, Line 20: On August 5, 2008, the College entered into a loan through the Mississippi Business Finance Corporation in the amount of $31,000,000. The purpose of the tax-exempt loan was to repay the college project bonds of 1998 and to provide financing for new residence halls, renovation of the Christian Center, and other significant deferred maintenance items. Schedule R, Part I, Column (B): Millco is a 100% owned subsidiary of Millsaps College. It is currently inactive and had no transactions for the period of this return. Schedule R, Part II, Column (B): Millsaps Development, Inc. - to develop certain of the College's real property as a source of revenue to the college. Millsaps Real Estate Holdings, Inc. is a 100% owned subsidiary of Millsaps College. It is currently inactive and had no transactions for the period of this return. Kaxil Kiuic, A.C. manages the Helen Moyers Biocultural Reserve located in the Bolonchen District of the Puuc region of Yucatan, Mexico. The Reserve is a living laboratory where research and education are carried out in an effort to not only acquire knowledge but help sustain the reserve's ecological and cultural resources. It is also a place designed to provide support to the neighboring Maya towns as they confront the challenges of sustaining their own culture and identity. Millco PO Box 150433 Jackson MS 39210 640511687 See Sch O MS 0 0 NA Millsaps Development Inc PO Box 150433 Jackson MS 39210 237210558 See Sch O MS 501(c)(2) NA Millsaps Real Estate Holdings Inc PO Box 150433 Jackson MS 39210 640833283 See Sch O MS 501(c)(2) NA Kaxil Kiuic AC Calle 10 No 66 por 7 y 9 Merida Yucatan MX 97139 See Sch O MX NA false true true false false false false false false false false false false false false false false false Millsaps Development Inc B 75000 Millsaps Development Inc C 285288