Civic Intelligence

The Kansas University Alumni Association

EIN 48-0291250 • 501(c)3 • Lawrence, KS

Profile

We build lifelong relationships that strengthen the University of Kansas and the legacy of excellence embodied by its students, alumni, faculty, staff and friends.

1266 Oread AvenueLawrence, KS 66045

www.kualumni.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.08x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.64x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

21st percentile

-4.5%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

32nd percentile

$262,167

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

36th percentile

2.3%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$64,129,230

Up $1,442,011 (+2.3%) from 2023

Liabilities

Up

$5,192,839

Up $265,566 (+5.4%) from 2023

Net Assets

Up

$58,936,391

Up $1,176,445 (+2.0%) from 2023

Revenue

Up

$8,110,011

Up $881,275 (+12%) from 2023

Expenses

Up

$8,476,982

Up $2,028,415 (+31%) from 2023

Net Income

Down

-$366,971

Down $1,147,140 (-147%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $17,402,443Liabilities 2010: $3,573,368Net Assets 2010: $13,829,0752010Assets 2011: $19,620,152Liabilities 2011: $3,697,879Net Assets 2011: $15,922,2732011Assets 2012: $19,249,450Liabilities 2012: $3,886,587Net Assets 2012: $15,362,8632012Assets 2013: $20,613,195Liabilities 2013: $4,422,307Net Assets 2013: $16,190,8882013Assets 2014: $23,222,203Liabilities 2014: $1,538,912Net Assets 2014: $21,683,2912014Assets 2015: $24,057,281Liabilities 2015: $2,056,814Net Assets 2015: $22,000,4672015Assets 2016: $22,719,019Liabilities 2016: $1,530,237Net Assets 2016: $21,188,7822016Assets 2017: $24,123,844Liabilities 2017: $1,644,047Net Assets 2017: $22,479,7972017Assets 2018: $26,629,292Liabilities 2018: $1,789,298Net Assets 2018: $24,839,9942018Assets 2019: $29,502,632Liabilities 2019: $1,948,764Net Assets 2019: $27,553,8682019Assets 2020: $43,406,063Liabilities 2020: $2,320,353Net Assets 2020: $41,085,7102020Assets 2021: $55,026,228Liabilities 2021: $1,862,549Net Assets 2021: $53,163,6792021Assets 2022: $58,873,329Liabilities 2022: $1,803,444Net Assets 2022: $57,069,8852022Assets 2023: $62,687,219Liabilities 2023: $4,927,273Net Assets 2023: $57,759,9462023Assets 2024: $64,129,230Liabilities 2024: $5,192,839Net Assets 2024: $58,936,3912024

Highlighted filing

2024

Assets$64,129,230
Liabilities$5,192,839
Net Assets$58,936,391

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $5,379,4762010Revenue 2011: $5,404,021Expenses 2011: $5,673,033Net Income 2011: -$269,0122011Expenses 2012: $5,812,7252012Expenses 2013: $5,852,0242013Revenue 2014: $6,027,297Expenses 2014: $6,030,453Net Income 2014: -$3,1562014Revenue 2015: $7,458,631Expenses 2015: $6,423,634Net Income 2015: $1,034,9972015Revenue 2016: $5,766,230Expenses 2016: $5,589,596Net Income 2016: $176,6342016Revenue 2017: $5,894,668Expenses 2017: $5,808,390Net Income 2017: $86,2782017Revenue 2018: $7,467,221Expenses 2018: $6,067,953Net Income 2018: $1,399,2682018Revenue 2019: $7,951,125Expenses 2019: $6,402,871Net Income 2019: $1,548,2542019Revenue 2020: $19,795,614Expenses 2020: $5,634,251Net Income 2020: $14,161,3632020Revenue 2021: $10,800,622Expenses 2021: $4,719,774Net Income 2021: $6,080,8482021Revenue 2022: $8,932,578Expenses 2022: $5,439,226Net Income 2022: $3,493,3522022Revenue 2023: $7,228,736Expenses 2023: $6,448,567Net Income 2023: $780,1692023Revenue 2024: $8,110,011Expenses 2024: $8,476,982Net Income 2024: -$366,9712024

Highlighted filing

2024

Revenue$8,110,011
Expenses$8,476,982
Net Income-$366,971

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$64.1$5.19$58.9$8.11$8.48$0.37
2023Detailed filing. Detailed filing data is available for this year.$62.7$4.93$57.8$7.23$6.45$0.78
2022Detailed filing. Detailed filing data is available for this year.$58.9$1.80$57.1$8.93$5.44$3.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.0$1.86$53.2$10.8$4.72$6.08
2020Detailed filing. Detailed filing data is available for this year.$43.4$2.32$41.1$19.8$5.63$14.2
2019Detailed filing. Detailed filing data is available for this year.$29.5$1.95$27.6$7.95$6.40$1.55
2018Detailed filing. Detailed filing data is available for this year.$26.6$1.79$24.8$7.47$6.07$1.40
2017Detailed filing. Detailed filing data is available for this year.$24.1$1.64$22.5$5.89$5.81$0.09
2016Detailed filing. Detailed filing data is available for this year.$22.7$1.53$21.2$5.77$5.59$0.18
2015Detailed filing. Detailed filing data is available for this year.$24.1$2.06$22.0$7.46$6.42$1.03
2014Detailed filing. Detailed filing data is available for this year.$23.2$1.54$21.7$6.03$6.03$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$4.42$16.2$5.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$3.89$15.4$5.81
2011Summary only. Only limited summary data is available for this year.$19.6$3.70$15.9$5.40$5.67$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$3.57$13.8$5.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$8,704,903
Mission and Program Overview

Mission

The KU Alumni Association exists to strengthen the University of Kansas by informing, engaging, and mobilizing the KU community.

We build lifelong relationships that strengthen the University of Kansas and the legacy of excellence embodied by its students, alumni, faculty, staff and friends.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$32,041,124$34,568,430▲ $2,527,306
Land, Buildings, and Equipment, Net$29,883,035$28,721,531▼ $1,161,504
Accounts Receivable$408,523$481,540▲ $73,017
Savings and Temporary Cash Investments$240,893$262,109▲ $21,216
Prepaid Expenses and Deferred Charges$113,644$95,620▼ $18,024
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$62,687,219$64,129,230▲ $1,442,011
Other Assets Total-$0-
Liabilities
Other Liabilities$2,882,311$2,631,510▼ $250,801
Deferred Revenue$1,229,312$1,400,915▲ $171,603
Accounts Payable and Accrued Expenses$815,650$1,160,414▲ $344,764
Total Liabilities$4,927,273$5,192,839▲ $265,566
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$38,570,419$38,672,808▲ $102,389
Net Assets With Donor Restrictions$19,189,527$20,263,583▲ $1,074,056
Total Net Assets Fund Balance$57,759,946$58,936,391▲ $1,176,445
Total Liabilities and Net Assets / Fund Balance$62,687,219$64,129,230▲ $1,442,011

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,349,501$3,492,325$27,841,826
Other Land Buildings$3,922,448$1,581,653$5,504,101
Land$345,215-$345,215
Leasehold Improvements$104,367$59,162$163,529

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$5,138,857-▲ $476,766$238,813$5,376,810
2022$5,317,160-▲ $46,487$224,790$5,138,857
2021$5,342,452-▲ $185,575$210,867$5,317,160
2020$4,192,873-▲ $1,355,807$206,228$5,342,452
2019$4,467,921-▼ $70,831$204,217$4,192,873
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heath PetersonPresident & CEOFT$220,245$41,922$262,167
Dwight S ParmanTreasurer/CFOFT$163,874$39,349$203,223
Kristi LacleSVP Ops & ProgramsFT$155,795$22,793$178,588
Jennifer J SannerSecretary/Sr VPFT$146,491$25,816$172,307
Angela Riffey StoreySVP Donor RelationFT$137,860$11,843$149,703
Teri HarrisSVP Rev DevFT$115,496$16,008$131,504
Jodi NachtigalAVP FinanceFT$107,053$7,656$114,709
Mary PadillaAVP Strat CommsFT$102,468$9,715$112,183
Nick KallailAVP Network DevFT$100,820$10,555$111,375

Highest Paid Contractors

ContractorServicesLocationCompensation
Augeo Experiences LLPEvent costs/planning111 Cheshire Lane Suite 100, Minnetonka, MN 55305$271,051
Royle PrintingPrinting745 S Bird Street, Sun Prairrie, WI 53590$107,372
KU Athletic CorporationShared event expenses1651 Naismith Drive, Lawrence, KS 66045$106,903
Revenue and Support

Revenue Composition

Contributions and Grants
$6,109,113
Program Service Revenue
$1,187,526
Investment Income
$405,749
Other Revenue
$407,623
All Other Contributions
$4,145,357
Change in Net Assets
$-366,971

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table-$269,333Fair value
Other Non Cash Contri Table344$147,363Fair value
Total Noncash Contributions344$416,696-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,962,648
Revenue Not Reported on Financial Statements
$147,363
Revenue Not Reported on Form 990
$2,138,308
Other Revenue Adjustments
$147,363
Total Revenue per Audited Statements
$10,100,956
Total Revenue per Form 990
$8,110,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,304,779
Other Expenses$4,172,203
Total Fundraising Expense$1,156,190
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,123,757$62,561$424,168$2,610,486
Depreciation Depletion$1,429,680$4,658$10,647$1,444,985
Current Officers, Directors, Trustees, and Key Employees$772,524$104,826$127,928$1,005,278
Fees for Services Other$495,649$17,694$42,893$556,236
Conferences and Meetings$288,259$45,302$48,746$382,307
Payments to Affiliates$314,667--$314,667
Occupancy$164,802$39,120$66,805$270,727
Payroll Taxes$198,590$11,520$39,113$249,223
Other Employee Benefits$196,415$9,420$41,774$247,609
Information Technology$99,988$32,620$74,560$207,168
Office Expenses$106,150$5,657$85,752$197,559
Pension Plan Contributions$152,834$8,161$31,188$192,183
Insurance$152,677$267$1,272$154,216
Travel$79,631$14,636$12,981$107,248
Other Expenses$61,335$2,268$30,198$93,801
Fees for Services Accounting$-48,581$43,797$65,073$60,289
Fees for Services Legal$1,052$9,461-$10,513
Advertising$4,325$500$1,230$6,055
Total Functional Expenses$6,890,221$430,571$1,156,190$8,476,982

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,924,511
Total Expenses per Form 990$8,476,982
Expenses per Audited Statements$8,329,619
Expenses Not Reported on Form 990$594,892
Expenses Not Reported on Financial Statements$147,363
Other Expense Adjustments$147,363
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$571,068
Fundraising Gross Income$227,307
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rock Chalk Forever$676,095$203,182$334,892$-131,710
Jayhawk Roundup$107,326$24,125$30,845$-6,720
Total Events$783,421$227,307$571,068$-343,761
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Adv on pledges for construction costs$2,631,510
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Audit Committee members receive and review the Form 990 on behalf of the Board of Directors prior to filing. An Audit Committee report on the review is subsequently made to the Board of Directors, and copies of the Form 990 as filed are provided to any Board member upon request.

Form 990, Part VI, Section B, Line 12C

Employees and all members of both the Board of Directors and Audit Committee are annually requested to complete and submit in writing to the President & CEO a Conflict of Interest, Confidentiality, and Security Agreement form. This form discloses financial interests of the employee, director, or Audit Committee member with which the Alumni Association is also potentially a party, including but not limited to transactions or agreements; potential ownership or investment interests in any entity with which the Alumni Association is negotiating a transaction or arrangement; and ownership, investment, or compensation interests in an organization which is in competition with the Alumni Association. The Chair of the Board of Directors is to become familiar with the statements of the President & CEO and all Board and Audit Committee members. The Chair-Elect of the Board of Directors and the President & CEO are to become familiar with the statement filed by the Chair.

Form 990, Part VI, Section B, Line 15A

The Alumni Association's Executive Committee annually conducts a performance evaluation of the President & CEO and functions as a compensation committee. In evaluating the President and CEOs performance, the Executive Committee solicits input from the President & CEO and all directors. The Executive Committee then determines the President and CEOs compensation and benefits. This determination is based upon performance of the President & CEO and the organization as a whole as well as annual salary survey results obtained from peers in similar organizations. The results of the performance review and the Executive Committees conclusion regarding the President and CEOs compensation and benefits are reported to the Board of Directors in an executive session at its May meeting each year. All management personnel of the Alumni Association, including the President & CEO, are excluded from all meetings of the Executive Committee and Board of Directors in which performance and compensation of the President & CEO are considered.

Form 990, Part VI, Section C, Line 19

The Alumni Association's governing documents are filed with the Kansas Secretary of State's office. Copies of governing documents, policies, and audited financial statements are available upon request. Summary financial information is presented within the Alumni Association's annual report each fall on the Alumni Association's website.

Filing and Contact Details

Filer

Filer Name
The Kansas University Alumni Association
EIN
48-0291250
Phone
7858644760
Address
1266 Oread Avenue, Lawrence, KS 66045

Signing Officer

Name
Dwight S Parman
Title
Treasurer
Signed
2024-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heath Peterson
Formed
1883
Legal Domicile
Ks
Voting Board Members
26
Independent Board Members
26
Employees
55
Volunteers
2,036

Preparer

Firm
MIZE CPAs INC
Address
TOWNSITE 2 120 SE 6TH AVE STE 200, TOPEKA, KS 66603
Preparer
Yvonne G Brownell
Phone
7852330536
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Increase in beneficial interests @ KU Endowment = $286223

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The Alumni Association maintains a board-designated endowment fund established to provide funds for services to life members (Schedule D, Part V, Lines 1-2). The Alumni Association also is designated income recipient for certain permanent endowment funds under both ownership and control of the KU Endowment Association but which are held and administered by the Endowment Association in perpetuity for the Alumni Association's benefit (Schedule D, Part V, Line 3a). These endowments are reported as Beneficial Interests in Endowment Funds in Part X, Balance Sheet. Income distributions from the Beneficial Interests, which are subject to the Endowment Association's spending policies, are reflected as contributions in Part I, Line 8. Income distributions from these endowments supplement the Alumni Association's operations and also provide for upkeep and maintenance of the Adams Alumni and Jayhawk Welcome Centers.

Part X : FIN48 Footnote

The Alumni Association's accounting policy for the evaluation of uncertain tax positions is to review those positions on an annual basis. A liability would be recorded in the financial statements during the period which, based on all available evidence, management believes it is more likely than not that the tax position would not be sustained upon examination by taxing authorities and the liability would be incurred by the Alumni Association

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Increase in beneficial interest in endow $286223 Cost of sales-inventory and spec. events $594892

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

RCF/Roundup auction item contributions $147363

Part XII, Line 2D: Other expenses and losses per audited F/S

Cost of sales-inventory and spec. events $594892

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

RCF/Roundup auction item contributions $147363

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Alumni, Student, and University Programs - The KU Alumni Association provides one of the most comprehensive alumni programs in the country, nurturing a consistently growing, active, and powerful KU community that creates impact for the University of Kansas. Highlights include:1) Networks - 160 domestic, international, and affinity-based networks held events focused on University issues, including campus news, student recruitment, membership advancement, legislative advocacy, and community service. Academic programs served the University through a variety of meetings, events, and newsletters tailored to the needs of individual schools and keeping alumni informed regarding their areas of academic interest. Programmatic offerings for alumni and University friends include in person and virtual events; 2) Adams Alumni Center - Provided banquet and meeting services for University, traditional Association events, and members; 3) Jayhawk Welcome Center (JWC)- An addition to the Adams Alumni Center in spring 2023, the JWC serves as the starting point for campus visits by prospective students and their families, and additionally includes creation of experiences emphasizing both storytelling and spaces for collaboration and celebration for alumni and guests of all ages, hosting over 80,000 guests; 4) Support of intercollegiate athletics - Encouraged and promoted gatherings of alumni and interested persons to support the University athletics programs; 5)Student Alumni Network Programs - Provided opportunities for students to interact with KU alumni, access to a network of mentors, and to learn KU traditions; and 6) Jayhawk Career Network - featuring the digital KU mentoring platform uniting career services across the KU campus with over 18,000 users, including 4,400 students and 32,000 messages since fall 2018.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SVP Ops & Programs
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/Sr VP
IRS990/Form990PartVIISectionAGrp/TitleTxt4SVP Donor Relation
IRS990/Form990PartVIISectionAGrp/TitleTxt5SVP Rev Dev
IRS990/Form990PartVIISectionAGrp/TitleTxt6AVP Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt7AVP Strat Comms
IRS990/Form990PartVIISectionAGrp/TitleTxt8AVP Network Dev
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt21Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director

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