MILWAUKEE SCHOOL OF ENGINEERING: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MILWAUKEE SCHOOL OF ENGINEERING (EIN 39-0477970)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-04-24
- IRS object ID
- 202641149349300244
- Schema version
- 2024v5.5
- 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) |
|---|---|---|
| Return | 2026-04-24T11:13:20-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 N CLARK ST STE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390477970 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILWAUKEE SCHOOL OF ENGINEERING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILW | BusinessNameControlTxt |
| Phone | 4142777300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 NORTH BROADWAY STREET | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL MATSON | PersonNm |
| Person Title | VP OF FINANCE & CFO | PersonTitleTxt |
| Phone | 4142777126 | PhoneNum |
| Signature | 2026-04-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIDGET ROCHE | PreparerPersonNm |
| PTIN | P00666837 | PTIN |
| Phone | 3128560200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR ERIC T BAUMGARTNER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 NORTH BROADWAY STREET | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $247,402,069 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MSOE.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1903 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | MILWAUKEE SCHOOL OF ENGINEERING (THE "UNIVERSITY") IS A NONPROFIT, NONSECTARIAN (SEE SCHEDULE O) UNIVERSITY PROVIDING A BALANCED EDUCATION AT THE UNDERGRADUATE AND GRADUATE LEVEL IN THE DISCIPLINES OF ENGINEERING, BUSINESS, MATHEMATICS, AND NURSING. MILWAUKEE SCHOOL OF ENGINEERING IS THE UNIVERSITY OF CHOICE FOR THOSE SEEKING AN INCLUSIVE COMMUNITY OF EXPERIENTIAL LEARNERS DRIVEN TO SOLVE THE COMPLEX CHALLENGES OF TODAY AND TOMORROW. | ActivityOrMissionDesc |
| Voting Members Governing Body | 40 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 40 | VotingMembersIndependentCnt |
| Total Employee | 1627 | TotalEmployeeCnt |
| Total Volunteers | 537 | TotalVolunteersCnt |
| Total Gross UBI | $321,071 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $170,367 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $37,549,415 | PYContributionsGrantsAmt |
| CY Contributions Grants | $44,047,495 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $147,722,720 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $157,387,783 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,140,755 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,669,629 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,724,276 | PYOtherRevenueAmt |
| CY Other Revenue | $1,248,947 | CYOtherRevenueAmt |
| PY Total Revenue | $192,137,166 | PYTotalRevenueAmt |
| CY Total Revenue | $211,353,854 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $83,719,698 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $89,830,917 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $56,409,540 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $58,918,423 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,255,767 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $40,473,542 | PYOtherExpensesAmt |
| CY Other Expenses | $41,425,860 | CYOtherExpensesAmt |
| PY Total Expenses | $180,602,780 | PYTotalExpensesAmt |
| CY Total Expenses | $190,175,200 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,534,386 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $21,178,654 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $418,508,541 | TotalAssetsBOYAmt |
| Total Assets EOY | $444,496,462 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,095,239 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $34,447,704 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $382,413,302 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $410,048,758 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | MILWAUKEE SCHOOL OF ENGINEERING (MSOE) IS A NONPROFIT, NONSECTARIAN UNIVERSITY PROVIDING A BALANCED EDUCATION AT THE UNDERGRADUATE AND GRADUATE LEVEL IN THE DISCIPLINES OF ENGINEERING BUSINESS, MATHEMATICS, AND NURSING. (SEE SCHEDULE O) MSOE IS THE UNIVERSITY OF CHOICE FOR THOSE SEEKING AN INCLUSIVE COMMUNITY OF EXPERIENTIAL LEARNERS DRIVEN TO SOLVE THE COMPLEX CHALLENGES OF TODAY AND TOMORROW. THE UNIVERSITY IS ACCREDITED BY THE HIGHER LEARNING COMMISSION AND OFFERS BACHELOR'S DEGREES, MASTER'S DEGREES, AND CERTIFICATE PROGRAMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $183,420,891 | ExpenseAmt |
| Grant | $89,830,917 | GrantAmt |
| Revenue | $157,449,954 | RevenueAmt |
| Desc | MILWAUKEE SCHOOL OF ENGINEERING (MSOE) IS A NONPROFIT, NONSECTARIAN UNIVERSITY PROVIDING A BALANCED EDUCATION AT THE UNDERGRADUATE AND GRADUATE LEVEL IN THE DISCIPLINES OF ENGINEERING, BUSINESS, MATHEMATICS, AND NURSING. MILWAUKEE SCHOOL OF ENGINEERING IS THE UNIVERSITY OF CHOICE FOR THOSE SEEKING AN INCLUSIVE COMMUNITY OF EXPERIENTIAL LEARNERS DRIVEN TO SOLVE THE COMPLEX CHALLENGES OF TODAY AND TOMORROW. TOTAL STUDENT ENROLLMENT FOR THE FALL OF 2024-25 WAS APPROXIMATELY 2,956, OF WHICH 2,705 WERE UNDERGRADUATES AND 251 WERE GRADUATE STUDENTS. MSOE IS AT THE FOREFRONT OF APPLIED AI EDUCATION. WITH AI INTERWOVEN THROUGHOUT THE CURRICULUM AT MSOE AND AI-CENTERED COURSES ACROSS DISCIPLINES, STUDENTS ARE EMPOWERED TO DELVE DEEP INTO THEORY AND GAIN PRACTICAL EXPERIENCE EXPLORING HANDS-ON PROJECTS. | Desc |
| Total Program Service Expenses | $183,420,891 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 159 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1627 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 40 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 40 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL MATSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4142777126 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 N BROADWAY | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JAMES C RAHN | ||||||||
| CHAIRMAN | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DANIEL J MOCERI | ||||||||
| VICE-CHAIRMAN | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROBERT J HILLIS | ||||||||
| VICE-CHAIRMAN | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SCOTT MOON | ||||||||
| VICE-CHAIRMAN | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| G WOODROW ADKINS | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J BARBER | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN G BOOTH | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KENDALL G BREUNIG | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW M BUROW | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN L CAIN | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLEN J CARLSON | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BERNARD A COHEN PHD | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DWIGHT D DIERCKS | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM E EDSTROM JR | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN FLETCHER | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICK FORSYTHE | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD A GALLING | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TOM GLAISTER | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DUDLEY J GODFREY III | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KARL GOUVERNEUR | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES P GRIFFIN | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ECKHART G GROHMANN | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS A HAEMEL | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS J HAUSKE JR | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL E HORA | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD J JENSEN | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN KAUFMANN NASH | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WARD P KOMOROSKI | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN A MELLOWES | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD W RAETHER | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J READER | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN M RUEHLOW | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD SCHLIDT | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN L SCHLIESMANN | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN S SHIELY | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY STIMAC | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAWN TABAT | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT A WAGNER | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NEAL K WUNDERLICH | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN ZABA | ||||||||
| BOARD OF REGENTS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN WALZ | ||||||||
| PRESIDENT | 50.00 | 0.00 | Yes (X) | $625,191 | $0 | $45,011 | ||
| ERIC BAUMGARTNER | ||||||||
| EVP - ACADEMICS | 50.00 | 0.00 | Yes (X) | $283,096 | $0 | $40,412 | ||
| DANIEL BERGEN | ||||||||
| SENIOR ADVISOR TO PRESIDENT | 50.00 | 0.00 | Yes (X) | $153,778 | $0 | $32,960 | ||
| PAUL MATSON | ||||||||
| VP - FINANCE AND CFO | 50.00 | 0.00 | Yes (X) | $285,443 | $0 | $42,098 | ||
| SEANDRA MITCHELL | ||||||||
| VP - STUDENT AFFAIRS & INCLUSION | 50.00 | 0.00 | Yes (X) | $158,353 | $0 | $18,850 | ||
| JEFFREY SNOW | ||||||||
| VP - UNIVERSITY ADVANCEMENT | 50.00 | 0.00 | Yes (X) | $271,394 | $0 | $40,599 | ||
| SEBASTIAN THACHENKARY | ||||||||
| VP - MARKETING & COMMUNITY ENGAGEMENT | 50.00 | 0.00 | Yes (X) | $201,621 | $0 | $81,008 | ||
| TIMOTHY VALLEY | ||||||||
| VICE CHAIR, PROGRAM DIRECTOR | 50.00 | 0.00 | Yes (X) | $224,998 | $0 | $84,224 | ||
| STEPHEN WILLIAMS | ||||||||
| VP - CAMPUS INFRASTRUCTURE | 50.00 | 0.00 | Yes (X) | $228,399 | $0 | $25,708 | ||
| PETER COFFEY | ||||||||
| BOARD SECRETARY | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEANNA LEITZKE | ||||||||
| DEPARTMENT CHAIR, PROFESSOR | 40.00 | 0.00 | $204,312 | $0 | $39,113 | Yes (X) | ||
| CHRISTOPHER TAYLOR | ||||||||
| PROF. DEPT. VICE CHAIR, PROGRAM DIR. | 40.00 | 0.00 | $211,285 | $0 | $38,526 | Yes (X) | ||
| NAZIEH MASOUD | ||||||||
| PROFESSOR | 40.00 | 0.00 | $191,415 | $0 | $36,969 | Yes (X) | ||
| RONALD GERRITS | ||||||||
| PROFESSOR, PROGRAM DIRECTOR | 40.00 | 0.00 | $191,151 | $0 | $11,447 | Yes (X) | ||
| RUSSELL MEIER | ||||||||
| PROFESSOR, PROGRAM DIRECTOR | 40.00 | 0.00 | $171,876 | $0 | $53,352 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,402,312 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $590,277 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 124 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AMERICAN FOOD AND VENDING CORPORATION | |||||
| 124 METROPOLITAN PARK DRIVE | LIVERPOOL | NY | 13008 | FOOD SERVICE | $4,764,126 |
| RAMLOWSTEIN | |||||
| 222 E MICHIGAN ST 400 | MILWAUKEE | WI | 53202 | ARCHITECTS | $1,093,767 |
| LEE MECHANICAL INC | |||||
| 9909 S 57TH ST | FRANKLIN | WI | 53132 | MECHANICAL CONTRACTOR | $1,086,299 |
| EVERSPRING | |||||
| 120 S LA SALLE ST SUITE 1800 | CHICAGO | IL | 60603 | TECHNOLOGY AND CONSULTING | $725,341 |
| ENCOURA | |||||
| 600 CONGRESS AVE SUITE 14025 | AUSTIN | TX | 78701 | PARENT EMAILS - ADMISSIONS | $366,744 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $105,090 | FederatedCampaignsAmt |
| Fundraising | $197,361 | FundraisingAmt |
| Government Grants | $8,182,394 | GovernmentGrantsAmt |
| All Other Contributions | $35,562,650 | AllOtherContributionsAmt |
| Noncash Contributions | $16,729,398 | NoncashContributionsAmt |
| Total Contributions | $44,047,495 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION/FEES | 900099 | $134,151,459 | $134,151,459 | |
| AUXILIARY ENTERPRISES | 812930 | $21,699,688 | $21,566,859 | $132,829 |
| TECHNOLOGY CENTER | 900099 | $1,536,636 | $1,536,636 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $157,387,783 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,134,992 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $188,242 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,946,750 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $258,633 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $196,462 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $62,171 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,171 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,171 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $39,316,517 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $35,781,880 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,534,637 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,534,637 | TotalRevenueColumnAmt |
| Exclusion | $3,534,637 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $54,300 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $197,361 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $69,873 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$15,573 | TotalRevenueColumnAmt |
| Exclusion | -$15,573 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CAREER FAIR | 611710 | $443,843 | $443,843 |
| WMSE - RADIO STATION | 900099 | $292,221 | $292,221 |
| ATHLETICS | 611710 | $172,914 | $172,914 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $293,371 | TotalRevenueColumnAmt |
| Exclusion | $293,371 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,202,349 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $211,353,854 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $157,317,125 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $321,071 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,668,163 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,830,917 | TotalAmt |
| Program Services | $89,830,917 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,214,113 | TotalAmt |
| Program Services | $796,867 | ProgramServicesAmt |
| Management And General | $1,176,556 | ManagementAndGeneralAmt |
| Fundraising | $240,690 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,321,551 | TotalAmt |
| Program Services | $41,251,440 | ProgramServicesAmt |
| Management And General | $1,007,517 | ManagementAndGeneralAmt |
| Fundraising | $1,062,594 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,978,323 | TotalAmt |
| Program Services | $1,770,404 | ProgramServicesAmt |
| Management And General | $131,044 | ManagementAndGeneralAmt |
| Fundraising | $76,875 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,177,472 | TotalAmt |
| Program Services | $7,419,013 | ProgramServicesAmt |
| Management And General | $491,430 | ManagementAndGeneralAmt |
| Fundraising | $267,029 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,226,964 | TotalAmt |
| Program Services | $3,004,377 | ProgramServicesAmt |
| Management And General | $126,890 | ManagementAndGeneralAmt |
| Fundraising | $95,697 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,816 | TotalAmt |
| Management And General | $144,816 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,879 | TotalAmt |
| Management And General | $122,879 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $489,141 | TotalAmt |
| Management And General | $489,141 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,729,630 | TotalAmt |
| Program Services | $2,408,250 | ProgramServicesAmt |
| Management And General | $200,421 | ManagementAndGeneralAmt |
| Fundraising | $120,959 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,260,400 | TotalAmt |
| Program Services | $2,250,427 | ProgramServicesAmt |
| Fundraising | $9,973 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,026,123 | TotalAmt |
| Program Services | $2,921,949 | ProgramServicesAmt |
| Management And General | $28,048 | ManagementAndGeneralAmt |
| Fundraising | $76,126 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,780,624 | TotalAmt |
| Program Services | $1,780,624 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,731,797 | TotalAmt |
| Program Services | $4,709,499 | ProgramServicesAmt |
| Management And General | $11,874 | ManagementAndGeneralAmt |
| Fundraising | $10,424 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,799,039 | TotalAmt |
| Program Services | $1,706,535 | ProgramServicesAmt |
| Management And General | $28,468 | ManagementAndGeneralAmt |
| Fundraising | $64,036 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $619,127 | TotalAmt |
| Program Services | $619,127 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,045,096 | TotalAmt |
| Program Services | $10,995,248 | ProgramServicesAmt |
| Management And General | $16,223 | ManagementAndGeneralAmt |
| Fundraising | $33,625 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,273,471 | TotalAmt |
| Program Services | $1,273,471 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD SERVICE COSTS | $4,268,090 | $4,268,090 | |
| NET ASSETS RELEASED FRO | $1,921,262 | $1,921,262 | |
| EQUIP. & MAINTENANCE | $1,278,327 | $1,278,327 | |
| UBI TAX | $140,366 | $140,366 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,795,672 | TotalAmt |
| Program Services | $3,215,064 | ProgramServicesAmt |
| Management And General | $382,869 | ManagementAndGeneralAmt |
| Fundraising | $197,739 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,175,200 | TotalAmt |
| Program Services | $183,420,891 | ProgramServicesAmt |
| Management And General | $4,498,542 | ManagementAndGeneralAmt |
| Fundraising | $2,255,767 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,991,303 | BOYAmt |
| EOY | $693,253 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,430,627 | BOYAmt |
| EOY | $15,802,352 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,066,739 | BOYAmt |
| EOY | $31,927,575 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,569,921 | BOYAmt |
| EOY | $1,954,854 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,585 | BOYAmt |
| EOY | $120,904 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,264 | BOYAmt |
| EOY | $193,018 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,146,298 | BOYAmt |
| EOY | $4,249,239 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $368,974,868 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $150,584,239 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,861,845 | BOYAmt |
| EOY | $218,390,629 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,619,731 | BOYAmt |
| EOY | $135,547,514 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,268,262 | BOYAmt |
| EOY | $35,454,269 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,966 | BOYAmt |
| EOY | $162,855 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,508,541 | BOYAmt |
| EOY | $444,496,462 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,005,731 | BOYAmt |
| EOY | $6,852,386 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,883,174 | BOYAmt |
| EOY | $1,863,904 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,114,950 | BOYAmt |
| EOY | $10,142,452 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,091,384 | BOYAmt |
| EOY | $15,588,962 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,095,239 | BOYAmt |
| EOY | $34,447,704 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,593,520 | BOYAmt |
| EOY | $248,946,008 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,819,782 | BOYAmt |
| EOY | $161,102,750 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $382,413,302 | BOYAmt |
| EOY | $410,048,758 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,508,541 | BOYAmt |
| EOY | $444,496,462 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $21,178,654 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,011,792 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$554,990 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $15,747,525 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $90,335,690 | BeginningYearBalanceAmt |
| Contributions | $3,020,122 | ContributionsAmt |
| Investment Earnings Or Losses | $8,778,940 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,119,443 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,631,651 | OtherExpendituresAmt |
| End Year Balance | $98,383,658 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,872,635 | BeginningYearBalanceAmt |
| Contributions | $635,912 | ContributionsAmt |
| Investment Earnings Or Losses | $10,455,643 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,032,044 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,596,456 | OtherExpendituresAmt |
| End Year Balance | $90,335,690 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $75,683,084 | BeginningYearBalanceAmt |
| Contributions | $1,650,396 | ContributionsAmt |
| Investment Earnings Or Losses | $8,315,896 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,721,461 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,055,280 | OtherExpendituresAmt |
| End Year Balance | $82,872,635 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $87,461,359 | BeginningYearBalanceAmt |
| Contributions | $2,618,452 | ContributionsAmt |
| Investment Earnings Or Losses | -$11,897,944 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,612,907 | GrantsOrScholarshipsAmt |
| Other Expenditures | $885,876 | OtherExpendituresAmt |
| End Year Balance | $75,683,084 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $71,305,730 | BeginningYearBalanceAmt |
| Contributions | $1,790,454 | ContributionsAmt |
| Investment Earnings Or Losses | $18,626,046 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,507,101 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,753,770 | OtherExpendituresAmt |
| End Year Balance | $87,461,359 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.58500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.41500 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,913,147 | OtherCostOrOtherBasisAmt |
| Book Value | $17,913,147 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $264,948,460 | OtherCostOrOtherBasisAmt |
| Depreciation | $94,385,316 | DepreciationAmt |
| Book Value | $170,563,144 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,026,191 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,098,022 | DepreciationAmt |
| Book Value | $4,928,169 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,087,070 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,100,901 | DepreciationAmt |
| Book Value | $24,986,169 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $218,390,629 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY FUNDS | $16,013,841 | C |
| REAL ESTATE INVESTMENT TRUST | $13,780,295 | C |
| CLOSELY HELD COMMON STOCK | $5,660,133 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $35,454,269 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| SERIES A 2021 TAXABLE BOND | $13,230,008 |
| ACCUMULATED POST-RETIREMENT BENEFITS | $1,489,120 |
| ASSET RETIREMENT OBLIGATION | $484,300 |
| US GOV'T GRANTS REFUNDABLE | $260,750 |
| SPLIT INTEREST AGREEMENT LIABILITY | $124,784 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $15,588,962 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $127,616,564 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $7,011,792 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$554,993 | OtherRevenueAmt |
| Revenue Not Reported | $6,456,799 | RevenueNotReportedAmt |
| Revenue Subtotal | $121,159,765 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $489,141 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $89,704,948 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $90,194,089 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $211,353,854 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $99,981,110 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $99,981,110 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $489,141 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $89,704,949 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $90,194,090 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $190,175,200 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | COLLECTIONS OF ARTS AND HISTORICAL TREASURES EXEMPT PURPOSE "MEN AT WORK" COLLECTION IS A COLLECTION OF PAINTINGS AND SCULPTURES DEPICTING VARIOUS TRADES AND PROFESSIONS FROM MEDIEVAL TO PRESENT. THE COLLECTION WAS MADE POSSIBLE FROM RESTRICTED DONATIONS, THE WORK THEME IS UTILIZED IN VARIOUS LOCATIONS OF THE ACADEMIC CURRICULUM FOR STUDENTS IN ENGINEERING, BUSINESS AND NURSING. |
| PART V, LINE 4: | INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS ENDOWMENTS ARE USED PER THE DONOR'S INTENT. THE ENDOWMENT CONSISTS OF SCHOLARSHIPS FOR STUDENT FINANCIAL ASSISTANCE AND FUNDS DESIGNATED FOR SCHOOL PROGRAMS OR FACILITY IMPROVEMENTS, ALL WITH THE INTENT OF ENHANCING THE SCHOOLS EDUCATIONAL MISSION. |
| PART X, LINE 2: | ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS THE UNIVERSITY HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) INDICATING THAT IT IS A TAX-EXEMPT ORGANIZATION AS PROVIDED FOR IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FASB ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. THE UNIVERSITY HAS NO SIGNIFICANT UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN SPLIT INTEREST AGREEMENT 114,437. CHANGE IN PRESENT VALUE OF PLEDGES -1,305,814. RESERVE FOR PLEDGES RECEIVABLE 636,384. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | STUDENT GRANTS AND SCHOLARSHIPS 89,830,917. RENTAL EXPENSES -196,462. FUNDRAISING EXPESNES -69,873. UNRELATED BUSINESS INCOME TAX EXPENSE 140,366. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | STUDENT GRANTS AND SCHOLARSHIPS 89,830,917. RENTAL EXPENSES -196,462. FUNDRAISING EXPESNES -69,873. UNRELATED BUSINESS INCOME TAX EXPENSE 140,367. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE NONDISCRIMINATORY STATEMENT HAS BEEN INCLUDED IN PUBLICATIONS, BROCHURES AND MISSION STATEMENT. |
| LINE 3 - PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY | MSOE HAS A LONG STANDING COMMITMENT TO THE DIVERSITY OF ITS FACULTY, STAFF AND STUDENT BODY, THIS COMMITMENT IS PARTICULARLY INTEGRAL TO MSOE'S MISSION. MSOE IS COMMITTED TO PRESERVING AN ENVIRONMENT THAT RESPECTS THE PERSONAL RIGHTS AND DIGNITY OF EACH MEMBER OF ITS COMMUNITY AND PROVIDING AN ENVIRONMENT THAT IS FREE FROM ALL FORMS OF DISCRIMINATION AND HARASSMENT. AS SUCH, IT IS THE MSOE'S POLICY THAT NO PERSON SHALL BE THE OBJECT OF DISCRIMINATION OR HARASSMENT ON THE BASIS OF RACE, COLOR, ETHNICITY, RELIGION, SEX, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, MARITAL STATUS, PREGNANCY, PARENTAL STATUS, FAMILY RELATIONSHIP STATUS, PHYSICAL OR MENTAL DISABILITY, MILITARY STATUS, GENETIC INFORMATION OR OTHER STATUS PROTECTED BY LOCAL, STATE, OR FEDERAL LAW IN ITS EMPLOYMENT OR ITS EDUCATIONAL SETTINGS. WHERE EDITORIALLY REASONABLE TO DO SO, THE MSOE INCLUDES A STATEMENT OF NONDISCRIMINATION IN THE CODE OF STUDENT RESPONSIBILITY, THE CODE OF CONDUCT, MANAGEMENT STANDARDS HANDBOOKS, BULLETINS, AND CATALOGS, AS WELL AS IN OTHER UNIVERSITY PUBLICATIONS AND ON APPROPRIATE UNIVERSITY WEBSITES. MSOE DRAWS STUDENTS BOTH NATIONALLY AND INTERNATIONALLY AND ENROLLS MEANINGFUL NUMBERS OF MINORITY STUDENTS. MSOE ALSO ADHERES TO THE REQUIREMENTS OF IRS REV. PROC. 2019-22 WITH REGARD TO DISPLAYING A NOTICE, ON ITS INTERNET HOMEPAGE, REGARDING NONDISCRIMINATION. |
| LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: | MSOE RECEIVES FINANCIAL AID FOR STUDENTS (PELL GRANTS, ETC) FROM GOVERNMENT AGENCIES. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| SOUTH ASIA | 0 | 1 | PROGRAM SERVICES | RECRUITING | $70,000 |
| EAST ASIA AND THE PACIFIC | 0 | 1 | PROGRAM SERVICES | RECRUITING | $4,500 |
| SOUTH AMERICA | 0 | 1 | PROGRAM SERVICES | RECRUITING | $4,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 3 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Subtotal Spent | $79,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $79,000 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2 | THE UNIVERSITY DOES NOT PROVIDE UNRESTRICTED GRANTS TO FOREIGN ORGANIZATIONS OR INDIVIDUALS. THE UNIVERSITY ENGAGES FOREIGN AGENCIES TO IDENTIFY AND RECRUIT POTENTIAL STUDENTS TO APPLY AND ATTEND THE UNIVERSITY. THESE EXPENSES ARE INCLUDED AS PART OF THE ACTIVITIES PER REGION IN PART I, LINE 3. |
| PART I, LINE 3 | THE UNIVERSITY ACCOUNTS FOR EXPENDITURES USING THE ACCRUAL METHOD. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | REGENT GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $116,387 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $93,837 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $22,550 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $5,258 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $24,916 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $265 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $2,897 | OtherDirectExpensesEvent1Amt |
| Event2 | PRESIDENT GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $135,274 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $103,524 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $31,750 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $5,118 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $25,745 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $584 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $5,090 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $251,661 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $197,361 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $54,300 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $10,376 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $50,661 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $849 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $7,987 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $69,873 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$15,573 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | GRANTS/SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 2705 | RecipientCnt |
| Cash Grant | $89,830,917 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN U.S. SOME GRANTS AND ASSISTANCE TO STUDENTS REPRESENTS FINANCIAL ASSISTANCE IN THE FORM OF INSTITUTIONAL SCHOLARSHIPS. ALL SCHOLARSHIPS ARE ADMINISTERED THROUGH THE UNIVERSITY'S FINANCIAL AID SYSTEM. INSTITUTIONAL SCHOLARSHIPS ARE CREDITED TO THE STUDENT'S INTERNAL ACCOUNT AND REPRESENT AN OFFSET TO TUITION AND OTHER FEES ASSESSED BY THE UNIVERSITY. FOR FEDERAL AND STATE FINANCIAL AID GRANTS, INDIVIDUAL FAFSA AND PERSONAL TAX RETURNS ARE VERIFIED FOR RECIPIENT ELIGIBILITY. SEVERAL LAYERS OF SUPERVISORY APPROVALS ARE BUILT INTO THE INTERNAL FINANCIAL AID PROCESS. FOR OTHER FEDERALLY FUNDED GRANTS (NIH, NSF ETC.), ACTIVITY IS ADMINISTERED BY A DEDICATED EMPLOYEE, SUBJECT TO SEVERAL LAYERS OF SUPERVISORY REVIEW AND APPROVAL. PAYROLL COSTS AND OTHER ALLOCATED EXPENDITURES ARE DOCUMENTED AND REVIEWED BY THE FINANCE DEPARTMENT AS WELL AS EXTERNAL AUDITORS. GRANTS AND ASSISTANCE TO UNIVERSITY STAFF AND THEIR ELIGIBLE SPOUSE, DEPENDENTS, OR AN UNRELATED SECOND DOMICILED ADULT REPRESENT STAFF TUITION WAIVERS, PURSUANT TO A WRITTEN BENEFITS PLAN. STAFF TUITION WAIVERS ARE ADMINISTERED THROUGH THE UNIVERSITY'S BENEFITS SYSTEM AND, LIKE INSTITUTIONAL SCHOLARSHIPS FOR STUDENTS, ARE CREDITED TO THE INDIVIDUAL'S INTERNAL ACCOUNT TO OFFSET TUITION CHARGES. TAXABILITY OF TUITION WAIVERS IS DETERMINED PURSUANT TO SECTIONS 127 AND 117(D) OF THE INTERNAL REVENUE CODE AND THEIR ACCOMPANYING REGULATIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN WALZ | ||||||||||||||
| PRESIDENT | $515,710 | $0 | $101,945 | $0 | $7,536 | $0 | $20,700 | $0 | $24,311 | $0 | $670,202 | $0 | $101,945 | $0 |
| PAUL MATSON | ||||||||||||||
| VP - FINANCE AND CFO | $236,151 | $0 | $25,750 | $0 | $23,542 | $0 | $17,587 | $0 | $24,511 | $0 | $327,541 | $0 | $25,750 | $0 |
| ERIC BAUMGARTNER | ||||||||||||||
| EVP - ACADEMICS | $255,936 | $0 | $25,331 | $0 | $1,829 | $0 | $17,301 | $0 | $23,111 | $0 | $323,508 | $0 | $25,331 | $0 |
| JEFFREY SNOW | ||||||||||||||
| VP - UNIVERSITY ADVANCEMENT | $226,826 | $0 | $22,607 | $0 | $21,961 | $0 | $15,440 | $0 | $25,159 | $0 | $311,993 | $0 | $22,607 | $0 |
| TIMOTHY VALLEY | ||||||||||||||
| VICE CHAIR, PROGRAM DIRECTOR | $180,007 | $0 | $20,206 | $0 | $24,785 | $0 | $13,801 | $0 | $70,423 | $0 | $309,222 | $0 | $20,206 | $0 |
| SEBASTIAN THACHENKARY | ||||||||||||||
| VP - MARKETING & COMMUNITY ENGAGEMEN | $167,953 | $0 | $16,644 | $0 | $17,024 | $0 | $11,512 | $0 | $69,496 | $0 | $282,629 | $0 | $16,644 | $0 |
| STEPHEN WILLIAMS | ||||||||||||||
| VP - CAMPUS INFRASTRUCTURE | $184,414 | $0 | $20,487 | $0 | $23,498 | $0 | $13,992 | $0 | $11,716 | $0 | $254,107 | $0 | $20,487 | $0 |
| CHRISTOPHER TAYLOR | ||||||||||||||
| PROF. DEPT. VICE CHAIR, PROGRAM DIR. | $210,835 | $0 | $0 | $0 | $450 | $0 | $12,215 | $0 | $26,311 | $0 | $249,811 | $0 | $0 | $0 |
| DEANNA LEITZKE | ||||||||||||||
| DEPARTMENT CHAIR, PROFESSOR | $203,394 | $0 | $0 | $0 | $918 | $0 | $12,802 | $0 | $26,311 | $0 | $243,425 | $0 | $0 | $0 |
| NAZIEH MASOUD | ||||||||||||||
| PROFESSOR | $191,415 | $0 | $0 | $0 | $0 | $0 | $11,810 | $0 | $25,159 | $0 | $228,384 | $0 | $0 | $0 |
| RUSSELL MEIER | ||||||||||||||
| PROFESSOR, PROGRAM DIRECTOR | $170,738 | $0 | $0 | $0 | $1,138 | $0 | $10,807 | $0 | $42,545 | $0 | $225,228 | $0 | $0 | $0 |
| RONALD GERRITS | ||||||||||||||
| PROFESSOR, PROGRAM DIRECTOR | $190,144 | $0 | $0 | $0 | $1,007 | $0 | $11,447 | $0 | $0 | $0 | $202,598 | $0 | $0 | $0 |
| DANIEL BERGEN | ||||||||||||||
| SENIOR ADVISOR TO PRESIDENT | $138,612 | $0 | $14,420 | $0 | $746 | $0 | $9,849 | $0 | $23,111 | $0 | $186,738 | $0 | $14,420 | $0 |
| SEANDRA MITCHELL | ||||||||||||||
| VP - STUDENT AFFAIRS & INCLUSION | $143,470 | $0 | $14,004 | $0 | $879 | $0 | $9,634 | $0 | $9,216 | $0 | $177,203 | $0 | $14,004 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | SOCIAL CLUB DUES UNDER ORDINARY BUSINESS EXPENSES, SOCIAL CLUB DUES ARE PAID FOR BY MSOE FOR TWO KEY EMPLOYEES: JEFF SNOW AND SEBASTIAN THACHENKARY, WHICH ARE RELATED TO ADVANCEMENT AND MARKETING AND THE BETTERMENT OF THE UNIVERSITY. THIS IS TREATED AS TAXABLE COMPENSATION AND IS REPORTED ON PART II, COLUMN B(III). TAX GROSS-UP PAYMENTS UNDER ORDINARY BUSINESS EXPENSES, TAX GROSS-UP PAYMENTS WERE PAID FOR BY MSOE FOR TWO KEY EMPLOYEES: JEFF SNOW AND SEBASTIAN THACHENKARY, GROSS UP PAYMENTS WERE MADE IN RELATION TO THE SOCIAL CLUB DUE BENEFIT PROVIDED ABOVE, THIS IS TREATED AS TAXABLE COMPENSATION AND IS REPORTED ON PART II, COLUMN B(III). |
| PART I, LINE 7 | UPON DISCRETION AND APPROVAL, PERFORMANCE-BASED BONSUES MAY BE AWARDED. FOR THE PRESIDENT, THIS IS DETERMINED BY THE BOARD. FOR ALL OTHERS, THIS IS DETERMINED BY THE PRESIDENT WITHIN BOARD APPROVED BUDGET LIMITATIONS. THESE BONUSES WERE NOT INCLUDED IN THE INDIVIDUAL COMPENSATION PACKAGE. BONUSES WERE ACCRUED IN FY24, AND PAID IN FY25. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 391337855 | BondIssuerEIN |
| CUSIP | 97712JBH5 | CUSIPNum |
| Bond Issued | 2021-07-15 | BondIssuedDt |
| Issue Price | $10,610,000 | IssuePriceAmt |
| Purpose | CAMPUS BUILDINGS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $10,302,441 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $183,698 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $322,931 | CreditEnhancementAmt |
| Capital Expenditures | $10,075,641 | CapitalExpendituresAmt |
| Substantial Completion | 2022 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | Yes (1) | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | Yes (1) | Form8038TFiledInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT HILLIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | BOARD OF REGENTS | RelationshipDescriptionTxt |
| Transaction | $653,242 | TransactionAmt |
| Transaction | THE UNIVERSITY LEASES COMMERCIAL SPACE TO DIRECT SUPPLY, INC. THE VALUE AND ACCOMMODATION'S OF THE LEASE ARE AT ARM'S LENGTH AT PREVAILING MARKET RATES. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $855 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 20 | ContributionCnt |
| Noncash Contributions Rpt F990 | $16,643,537 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | EQUIPMENT | 1 | $75,000 | FMV |
| Yes (X) | MISCELLANEOUS | 32 | $10,006 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER ON COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | PROCESS THE ORGANIZATION USES TO REVIEW FORM 990 THE DRAFT FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM, USING INFORMATION PROVIDED BY THE UNIVERSITY'S FINANCE DEPARTMENT. ONCE COMPLETED THE DRAFT FORM 990 IS REVIEWED BY THE UNIVERSITY'S FINANCE DEPARTMENT. RELEVANT QUESTIONS AND PARTS OF THE 990 ARE ALSO REVIEWED WITH THE AUDIT AND FINANCE COMMITTEE BEFORE FILING THE 990. BEFORE FILING, PUBLIC DISCLOSURE COPIES OF THE FORM 990, WITH SCHEDULE B REDACTED ARE PROVIDED TO ALL BOARD MEMBERS. ONCE APPROVED BY THE COMMITTEE THE FORM 990 IS ELECTRONICALLY FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ORGANIZATION'S PRACTICES FOR MONITORING CONFLICTS OF INTEREST A COPY OF THE POLICY MUST BE READ BY ALL EMPLOYEES AND SIGNED, INDICATING THEIR UNDERSTANDING OF THE POLICY. THEY ARE ALSO REQUIRED TO REPORT ANY POTENTIAL CONFLICT BASED ON THE POLICY'S DEFINITIONS. ALL EMPLOYEES MUST RETURN THEIR REPORTS TO THE HUMAN RESOURCE DEPARTMENT WHO PRESENTS THEM TO THE CFO FOR REVIEW AND INTERPRETATION. IT IS A CONDITION OF EMPLOYMENT TO RESPOND TO THE POLICY ANNUALLY, THEREFORE, 100% RESPONSE IS ACCOMPLISHED. IN ADDITION, A QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS ASKING THEM TO REPORT ANY CONFLICT OF INTEREST THEY MAY HAVE, IN ADDITION, A RELATED PARTY AND CONFLICT OF INTEREST QUESTIONNAIRE IS ALSO PROVIDED TO EVERY BOARD MEMBER FOR REVIEW AND RETURN TO THE SCHOOL. |
| FORM 990, PART VI, SECTION B, LINE 15A | PROCESS FOR DETERMINING COMPENSATION THE EXECUTIVE COMMITTEE (EC) BOARD CHAIR LED A FORMAL COMPENSATION REVIEW PROCESS IN NOVEMBER AND DECEMBER 2020 THAT INVOLVED THE ENTIRE MSOE EC, WE CONTRACTED A HUMAN RESOURCE (HR) CONSULTANT TO ASSIST THE EC THROUGHOUT THE PROCESS, THIS HR CONSULTANT ALSO SERVED MSOE THROUGHOUT THE PRESIDENTIAL SEARCH PROCESS. DETAILED COMPENSATIONS WERE GATHERED AND REVIEWED WITH A FOCUS ON MSOE PEER AND ASPIRATIONAL INSTITUTIONS. THE EC VOTED UNANIMOUSLY TO APPROVE THE AGREEMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | ORGANIZATION'S POLICY REGARDING MAKING CERTAIN DOCUMENTS PUBLIC MOST GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST, CONFLICT OF INTEREST POLICY IS ON THE UNIVERSITY'S WEBSITE, FINANCIAL STATEMENT DISTRIBUTION IS LIMITED TO OFFICERS AND BOARD MEMBERS, THE A-133 AUDIT REPORT IS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 114,437. CHANGE IN PRESENT VALUE OF PLEDGES -1,305,814. RESERVE OF PLEDGES RECEIVABLE 636,387. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSOE PROPERTIES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 N BROADWAY | AddressLine1Txt |
| City | MILWAUKEE | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | ACQUIRE, OWN, OPERATE MSOE PROPERTY | PrimaryActivitiesTxt |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $409,600 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILWAUKEE SCHOOL OF ENGINEERING | BusinessNameLine1Txt |
Comments