Civic Intelligence

Towson University Foundation Inc.

990 • Fiscal year 2012 • EIN 52-0939453

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 20, 2013

8000 York Road21252-0001
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

12th percentile

0.02x

Higher debt load relative to assets than 12% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

50th percentile

2.9%

Faster asset growth than 50% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$54,306,617

Up $1,538,978 (+2.9%) from 2011

Net Assets

Up

$53,040,430

Up $1,568,931 (+3.0%) from 2011

Liabilities

Down

$1,266,187

Down $29,953 (-2.3%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$5,079,578

Up $1,220,853 (+32%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $45,205,064Liabilities 2010: $1,330,055Net Assets 2010: $43,875,0092010Assets 2011: $52,767,639Liabilities 2011: $1,296,140Net Assets 2011: $51,471,4992011Assets 2012: $54,306,617Liabilities 2012: $1,266,187Net Assets 2012: $53,040,4302012Assets 2013: $61,055,516Liabilities 2013: $482,591Net Assets 2013: $60,572,9252013Assets 2014: $68,640,399Liabilities 2014: $671,060Net Assets 2014: $67,969,3392014Assets 2015: $69,845,067Liabilities 2015: $942,716Net Assets 2015: $68,902,3512015Assets 2016: $68,265,985Liabilities 2016: $1,537,224Net Assets 2016: $66,728,7612016Assets 2017: $74,465,302Liabilities 2017: $645,862Net Assets 2017: $73,819,4402017Assets 2018: $80,654,470Liabilities 2018: $613,676Net Assets 2018: $80,040,7942018Assets 2019: $86,551,744Liabilities 2019: $1,443,669Net Assets 2019: $85,108,0752019Assets 2020: $86,448,337Liabilities 2020: $773,653Net Assets 2020: $85,674,6842020Assets 2021: $110,009,045Liabilities 2021: $701,860Net Assets 2021: $109,307,1852021Assets 2022: $103,275,008Liabilities 2022: $1,275,511Net Assets 2022: $101,999,4972022Assets 2023: $112,019,400Liabilities 2023: $3,276,181Net Assets 2023: $108,743,2192023

Highlighted filing

2012

Assets$54,306,617
Liabilities$1,266,187
Net Assets$53,040,430

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,830,0582010Expenses 2011: $3,858,7252011Expenses 2012: $5,079,5782012Expenses 2013: $5,960,6972013Revenue 2014: $7,396,662Expenses 2014: $6,683,253Net Income 2014: $713,4092014Revenue 2015: $7,298,841Expenses 2015: $6,291,300Net Income 2015: $1,007,5412015Revenue 2016: $6,637,648Expenses 2016: $7,512,187Net Income 2016: -$874,5392016Revenue 2017: $9,202,243Expenses 2017: $6,160,600Net Income 2017: $3,041,6432017Revenue 2018: $7,970,589Expenses 2018: $5,792,446Net Income 2018: $2,178,1432018Revenue 2019: $9,767,784Expenses 2019: $6,675,082Net Income 2019: $3,092,7022019Revenue 2020: $6,797,411Expenses 2020: $6,678,784Net Income 2020: $118,6272020Revenue 2021: $15,736,271Expenses 2021: $6,132,741Net Income 2021: $9,603,5302021Revenue 2022: $17,012,996Expenses 2022: $10,336,888Net Income 2022: $6,676,1082022Revenue 2023: $15,208,535Expenses 2023: $9,346,653Net Income 2023: $5,861,8822023

Highlighted filing

2012

Revenue-
Expenses$5,079,578
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 20, 2013
Return Version
2011v1.5
Gross Receipts
$11,868,946
Mission and Program Overview

Mission

Towson university foundation, inc. Is organized to receive, hold, invest, manage, use, dispose of and administer property of all kinds whether given absolutely, in trust or by way of agency or otherwise for the benefit and promotion of towson university or for all of the education and support activities that may be conducted by towson university.

Major Activities

Activity 2
Wtmd radio station wtmd is licensed to and located at towson university. Wtmd carries a special responsibility, as one of only a few locally owned radio stations in towson and baltimore. We focus our music on songs that tell stories and are performed by artists who are committed to their craft and the power that music can play in our lives. It's a mix of folk, blues and acoustic based rock. We feature artists that have been our life long companions and new artists who write their own material and truly believe in their art. In addition to today's favorites, we feature multiple cuts from various albums in an attempt to understand what an artist is saying with their music. Licensed to towson university, wtmd is part of the university advancement division. The station provides students with a variety of internship and independent study opportunities. Towson university is the only institution of higher learning to offer a major in radio. Wtmd brings the university and its activities to the greater community through its programming and events. Wtmd provides the central maryland region with free concerts six times a year and supports other non profit arts and cultural organizations with air time, promotional opportunities and interactive activities. Wtmd is listener supported radio and we believe it's our responsibility to support local musicians. We hope you'll find the same excitement listening to these artists on the radio as you do when they play live at festivals and concert halls. Wtmd serves as a forum for community news, current events, music and educational programming.
Activity 3
University supportto create an environment that is conducive to learning, institutions of higher learning must have proper facilities and faculty dedicated to teaching. Funds are available for use by the president, vice presidents, and deans of the seven colleges to support those areas where improvements are needed. We remain committed to our goal of helping the university attract, hire and retain faculty members who are leaders in their field of study, and who have demonstrated superior teaching skills. To keep them current on new developments in their field and teaching methods, they are encouraged to attend seminars and conferences.
Filing and Contact Details

Filer

EIN
52-0939453
Raw XML AppendixShowing 400 of 782 raw XML fields

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IRS990/Activity2/Description0WTMD RADIO STATION WTMD IS LICENSED TO AND LOCATED AT TOWSON UNIVERSITY. WTMD CARRIES A SPECIAL RESPONSIBILITY, AS ONE OF ONLY A FEW LOCALLY OWNED RADIO STATIONS IN TOWSON AND BALTIMORE. WE FOCUS OUR MUSIC ON SONGS THAT TELL STORIES AND ARE PERFORMED BY ARTISTS WHO ARE COMMITTED TO THEIR CRAFT AND THE POWER THAT MUSIC CAN PLAY IN OUR LIVES. IT'S A MIX OF FOLK, BLUES AND ACOUSTIC BASED ROCK. WE FEATURE ARTISTS THAT HAVE BEEN OUR LIFE LONG COMPANIONS AND NEW ARTISTS WHO WRITE THEIR OWN MATERIAL AND TRULY BELIEVE IN THEIR ART. IN ADDITION TO TODAY'S FAVORITES, WE FEATURE MULTIPLE CUTS FROM VARIOUS ALBUMS IN AN ATTEMPT TO UNDERSTAND WHAT AN ARTIST IS SAYING WITH THEIR MUSIC. LICENSED TO TOWSON UNIVERSITY, WTMD IS PART OF THE UNIVERSITY ADVANCEMENT DIVISION. THE STATION PROVIDES STUDENTS WITH A VARIETY OF INTERNSHIP AND INDEPENDENT STUDY OPPORTUNITIES. TOWSON UNIVERSITY IS THE ONLY INSTITUTION OF HIGHER LEARNING TO OFFER A MAJOR IN RADIO. WTMD BRINGS THE UNIVERSITY AND ITS ACTIVITIES TO THE GREATER COMMUNITY THROUGH ITS PROGRAMMING AND EVENTS. WTMD PROVIDES THE CENTRAL MARYLAND REGION WITH FREE CONCERTS SIX TIMES A YEAR AND SUPPORTS OTHER NON PROFIT ARTS AND CULTURAL ORGANIZATIONS WITH AIR TIME, PROMOTIONAL OPPORTUNITIES AND INTERACTIVE ACTIVITIES. WTMD IS LISTENER SUPPORTED RADIO AND WE BELIEVE IT'S OUR RESPONSIBILITY TO SUPPORT LOCAL MUSICIANS. WE HOPE YOU'LL FIND THE SAME EXCITEMENT LISTENING TO THESE ARTISTS ON THE RADIO AS YOU DO WHEN THEY PLAY LIVE AT FESTIVALS AND CONCERT HALLS. WTMD SERVES AS A FORUM FOR COMMUNITY NEWS, CURRENT EVENTS, MUSIC AND EDUCATIONAL PROGRAMMING.
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IRS990/Activity3/Description0UNIVERSITY SUPPORTTO CREATE AN ENVIRONMENT THAT IS CONDUCIVE TO LEARNING, INSTITUTIONS OF HIGHER LEARNING MUST HAVE PROPER FACILITIES AND FACULTY DEDICATED TO TEACHING. FUNDS ARE AVAILABLE FOR USE BY THE PRESIDENT, VICE PRESIDENTS, AND DEANS OF THE SEVEN COLLEGES TO SUPPORT THOSE AREAS WHERE IMPROVEMENTS ARE NEEDED. WE REMAIN COMMITTED TO OUR GOAL OF HELPING THE UNIVERSITY ATTRACT, HIRE AND RETAIN FACULTY MEMBERS WHO ARE LEADERS IN THEIR FIELD OF STUDY, AND WHO HAVE DEMONSTRATED SUPERIOR TEACHING SKILLS. TO KEEP THEM CURRENT ON NEW DEVELOPMENTS IN THEIR FIELD AND TEACHING METHODS, THEY ARE ENCOURAGED TO ATTEND SEMINARS AND CONFERENCES.
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IRS990/Description0SCHOLARSHIPS AND AWARDS TOWSON UNIVERSITY FOUNDATION IS COMMITTED TO PROVIDING STUDENTS WITH THE OPPORTUNITY TO OBTAIN A LIBERAL EDUCATION - AN EDUCATION THAT HELPS STUDENTS DEVELOP THE ABILITY TO THINK CRITICALLY; TO BE LITERATE, INFORMED AND ARTICULATE; TO HONOR DIVERSITY; TO DISCUSS AND DEBATE IDEAS AND ISSUES FROM MULTIPLE PERSPECTIVES, AND TO BE CAPABLE OF TAKING ON RESPONSIBILITY IN AN EVER-CHANGING WORLD. TO CREATE THOSE OPPORTUNITIES, MANY STUDENTS NEED AND DESERVE FINANCIAL ASSISTANCE. TOWSON UNIVERSITY FOUNDATION HAS 267 ENDOWED SCHOLARSHIPS AND PRESENTS ADDITIONAL CASH AWARDS EACH YEAR TO DESERVING STUDENTS. SINCE STATE OF MARYLAND FUNDING NOW ACCOUNTS FOR LESS THAN 1/3 OF THE COST OF A TOWSON UNIVERSITY EDUCATION, PRIVATE FUNDING FROM GENEROUS DONORS ALLOWS TODAY'S STUDENTS AND TOMORROW'S LEADERS TO MEET THEIR FINANCIAL OBLIGATIONS. IN THE YEAR ENDING JUNE 30, 2012, THE FOUNDATION MADE 614 SEPARATE SCHOLARSHIP AWARDS TO DESERVING STUDENTS TOTALING $784,718.
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IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount045272
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn045272
IRS990/NetRentalIncomeOrLoss/ExclusionAmount0149473
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn0149473
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoncashContributions0165241
IRS990/NonDeductibleContributions01
IRS990/NonDeductibleDisclosure01
IRS990/NumberFormsTransmittedWith1096064
IRS990/NumberIndependentVotingMembers015
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K01
IRS990/NumberOfEmployees097
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral01812
IRS990/Occupancy/ProgramServices02676
IRS990/Occupancy/Total04488
IRS990/OfficeExpenses/Fundraising0131
IRS990/OfficeExpenses/ManagementAndGeneral04251
IRS990/OfficeExpenses/ProgramServices073696
IRS990/OfficeExpenses/Total078078
IRS990/OfficerEntityWithBsnssRltnshp01
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY01511412
IRS990/OtherAssetsTotal/EOY01482588
IRS990/OtherEmployeeBenefits/ManagementAndGeneral013143
IRS990/OtherEmployeeBenefits/ProgramServices031832
IRS990/OtherEmployeeBenefits/Total044975
IRS990/OtherExpensePriorYear01598296
IRS990/OtherExpensesCurrentYear02945556
IRS990/OtherExpenses/Description0EQUIP RENTAL & MAINT.
IRS990/OtherExpenses/Description1EDUCATIONAL PROGRAMS
IRS990/OtherExpenses/Description2PRINTING & PUBLICATIONS
IRS990/OtherExpenses/Description3DUES AND MEMBERSHIPS
IRS990/OtherExpenses/Fundraising0589
IRS990/OtherExpenses/ManagementAndGeneral0720
IRS990/OtherExpenses/ManagementAndGeneral12550
IRS990/OtherExpenses/ManagementAndGeneral25637
IRS990/OtherExpenses/ProgramServices0814086
IRS990/OtherExpenses/ProgramServices1158918
IRS990/OtherExpenses/ProgramServices2153435
IRS990/OtherExpenses/ProgramServices3150037
IRS990/OtherExpenses/Total0814806
IRS990/OtherExpenses/Total1158918
IRS990/OtherExpenses/Total2156574
IRS990/OtherExpenses/Total3155674
IRS990/OtherRevenueCurrentYear0353722
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/BusinessCode1900099
IRS990/OtherRevenueMisc/Description0SPECIAL PROGRAMS
IRS990/OtherRevenueMisc/Description1OTHER INCOME
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome0109267
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome118050
IRS990/OtherRevenueMisc/TotalRevenueColumn0109267
IRS990/OtherRevenueMisc/TotalRevenueColumn118050
IRS990/OtherRevenuePriorYear0480531
IRS990/OtherSalariesAndWages/Fundraising047092
IRS990/OtherSalariesAndWages/ManagementAndGeneral0136758
IRS990/OtherSalariesAndWages/ProgramServices0485496
IRS990/OtherSalariesAndWages/Total0669346
IRS990/OtherWebsite0X
IRS990/OwnWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising03928
IRS990/PayrollTaxes/ManagementAndGeneral022379
IRS990/PayrollTaxes/ProgramServices047575
IRS990/PayrollTaxes/Total073882
IRS990/PensionPlanContributions/ManagementAndGeneral08314
IRS990/PensionPlanContributions/ProgramServices030815
IRS990/PensionPlanContributions/Total039129
IRS990/PermanentlyRestrictedNetAssets/BOY033657024
IRS990/PermanentlyRestrictedNetAssets/EOY034381971
IRS990/PledgesAndGrantsReceivable/BOY0513761
IRS990/PledgesAndGrantsReceivable/EOY0522006
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY067074
IRS990/PrepaidExpensesDeferredCharges/EOY067148
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0900099
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IRS990/ProgramServiceRevenueCY0248594
IRS990/ProgramServiceRevenue/Description0MEMBERSHIP FEES
IRS990/ProgramServiceRevenue/Description1SALES/MISC/CERAMIC GUI
IRS990/ProgramServiceRevenuePriorYear0246073
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0197086
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome151508
IRS990/ProgramServiceRevenue/TotalRevenueColumn0197086
IRS990/ProgramServiceRevenue/TotalRevenueColumn151508
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions01
IRS990/QuidProQuoDisclosure01
IRS990/ReconcilationOtherChanges0-968082
IRS990/ReconcilationRevenueExpenses02537013
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity00
IRS990/RentalIncomeOrLoss/Real0149473
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY02537013
IRS990/RevenuesLessExpensesPriorYear02108060
IRS990/RoyaltiesRevenue/ExclusionAmount031660
IRS990/RoyaltiesRevenue/TotalRevenueColumn031660
IRS990/SalariesEtcCurrentYear0957399
IRS990/SalariesEtcPriorYear01047365
IRS990/SavingsAndTempCashInvestments/BOY04133655
IRS990/SavingsAndTempCashInvestments/EOY03563807
IRS990ScheduleA/AmountsSubstContributorsTotal03554725
IRS990ScheduleA/CollegeSupportOrg170b1Aiv0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$112$3.28$109$15.2$9.35$5.86
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$103$1.28$102$17.0$10.3$6.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$110$0.70$109$15.7$6.13$9.60
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.4$0.77$85.7$6.80$6.68$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.6$1.44$85.1$9.77$6.68$3.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.7$0.61$80.0$7.97$5.79$2.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.5$0.65$73.8$9.20$6.16$3.04
2016Detailed filing. Detailed filing data is available for this year.$68.3$1.54$66.7$6.64$7.51$0.87
2015Detailed filing. Detailed filing data is available for this year.$69.8$0.94$68.9$7.30$6.29$1.01
2014Detailed filing. Detailed filing data is available for this year.$68.6$0.67$68.0$7.40$6.68$0.71
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.1$0.48$60.6$5.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.3$1.27$53.0$5.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.8$1.30$51.5$3.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.2$1.33$43.9$4.83