Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
990 • Fiscal year 2016 • EIN 57-1031624
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 14.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Down$1,708,095
Down $160,318 (-8.6%) from 2015
Net Assets
Up$1,096,556
Up $40,670 (+3.9%) from 2015
Liabilities
Down$611,539
Down $200,988 (-25%) from 2015
Revenue
Down$2,965,571
Down $278,433 (-8.6%) from 2015
Expenses
Down$2,920,009
Down $10,248 (-0.3%) from 2015
Net Income
Down$45,562
Down $268,185 (-85%) from 2015
1. To support the educational, research, and healthcare mission of the medical university of south carolina (musc) by fostering creativity and innovation.2. To initiate and sustain cooperation and collaboration between musc and business and industry.3. Act as musc's intellectual property management and technology marketing arm.4. Advance healthcare-related economic development for south carolina and the nation.5. Support economic development through technology licensing.
The foundation manages and markets intellectual property emanating from musc in order to expedite, for the public's benefit, the translation of ideas into procedures, devices, and products. The foundation assists musc in accomplishing its educational and public service missions by supporting continuing medical education and other opportunities for musc faculty, residents, and medical students. Other regional, national and international attendees and faculty contribute to the exchange of information and ideas. This focus includes digestive disease, psychiatry and cardiology.the foundation provides research support to musc faculty to further the innovative process and expedite, for the public benefit, the translation of ideas into procedures, devices and products.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $506,081 | $689,796 | ▲ $183,715 |
| Accounts Receivable | $940,693 | $593,148 | ▼ $347,545 |
| Investments in Publicly Traded Securities | $340,355 | $343,788 | ▲ $3,433 |
| Savings and Temporary Cash Investments | $46,588 | $44,227 | ▼ $2,361 |
| Prepaid Expenses and Deferred Charges | $23,713 | $28,090 | ▲ $4,377 |
| Land, Buildings, and Equipment, Net | $8,977 | $6,963 | ▼ $2,014 |
| Total Assets | $1,868,413 | $1,708,095 | ▼ $160,318 |
| Other Assets Total | $2,006 | $2,083 | ▲ $77 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $690,515 | $381,455 | ▼ $309,060 |
| Deferred Revenue | $112,922 | $222,814 | ▲ $109,892 |
| Unsecured Notes Loans Payable | $9,090 | $7,270 | ▼ $1,820 |
| Total Liabilities | $812,527 | $611,539 | ▼ $200,988 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,055,886 | $1,096,556 | ▲ $40,670 |
| Total Net Assets Fund Balance | $1,055,886 | $1,096,556 | ▲ $40,670 |
| Total Liabilities and Net Assets / Fund Balance | $1,868,413 | $1,708,095 | ▼ $160,318 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $6,963 | $96,377 | $103,340 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Mr Michael Rusnak | Executive Director | FT | $203,715 | - | $203,715 |
| Ms Karen Lackey | Highest Compensated Employee | FT | $193,450 | - | $193,450 |
| Mr Robert R Donato | Highest Compensated Employee | FT | $160,556 | - | $160,556 |
| Dr Michael Yost | Board Member | - | - | $149,321 | $149,321 |
| Dr Jesse Goodwin | Highest Compensated Employee | FT | $118,556 | - | $118,556 |
| Christine Dixon Theising | Highest Compensated Employee | FT | $101,248 | - | $101,248 |
| Ms Deanne Lucas | Chief Financial Officer | FT | $98,659 | - | $98,659 |
| Dr Lawrence S Olanoff | Ex Officio | - | $16,378 | - | $16,378 |
| Dr Layton Mccurdy | Board Member | - | - | $7,995 | $7,995 |
| Name | Title |
|---|---|
| Dr Cotesworth Fishburne Jr | Board Member |
| Dr Kathleen T Brady | Board Member |
| Dr Lisa Saladin | Board Member |
| Dr Mark Currie | Board Member |
| Dr Paul Williamson | Board Member |
| Dr Perry Molinoff | Board Member |
| Dr Raymond Dubois | Board Member |
| Dr Rick Schnellman | Board Member |
| Dr Robert Mcquade | Board Member |
| Joseph C Mcdonald | Board Member |
| Michael E Stavrinakis | Board Member |
| Mr Arthur Pappas | Board Member |
| Mr Daniel D Adams | Board Member |
| Ms Arlene Morris | Board Member |
| William a Baker | Board Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Parker Highlander Pllc | Patent Prosecution | 1120 S CAPITAL OF TEXAS HIGHWAY BL, Austin, TX 78746 | $131,183 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,921,911 |
| Salaries, Compensation, and Employee Benefits | $998,098 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $962,071 | $36,027 | - | $998,098 |
| Royalties | $443,461 | - | - | $443,461 |
| Fees for Services Legal | $370,203 | $4,786 | - | $374,989 |
| Office Expenses | $21,517 | $17,111 | - | $38,628 |
| Occupancy | $389 | $36,655 | - | $37,044 |
| Travel | $25,008 | $11,413 | - | $36,421 |
| Fees for Services Other | $3,090 | $24,800 | - | $27,890 |
| All Other Expenses | $15,718 | $10,133 | - | $25,851 |
| Other Expenses | $21,459 | $11,180 | - | $21,459 |
| Insurance | - | $15,529 | - | $15,529 |
| Depreciation Depletion | - | $2,014 | - | $2,014 |
| Total Functional Expenses | $2,750,361 | $169,648 | $0 | $2,920,009 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,920,009 |
| Total Expenses per Audited Statements | $2,920,009 |
| Total Expenses per Form 990 | $2,920,009 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Upon completion of form 990, it is presented to the finance and audit committee for review. This committee acts on behalf of the entire board in approving the filing of the foundation's tax return. At this time, any questions or concerns are answered by the executive director and cfo. Once approved, form 990 is filed.”
“The foundation requires all board members and employees to annually review and complete the conflict of interest policy and disclosure.”
“The executive director's salary is a negotiated contract that is reviewed annually. The contracted amount is based on salary surveys and market analysis for this position.”
“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“The process has not changed.”
“Management has evaluated the tax positions of the foundation and does not believe that any uncertain tax positions or unrecognized tax benefits exist for the years ended june 30, 2016 or 2015.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 690515 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 381455 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 940693 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 593148 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE FOUNDATION MANAGES AND MARKETS INTELLECTUAL PROPERTY EMANATING FROM MUSC IN ORDER TO EXPEDITE, FOR THE PUBLIC'S BENEFIT, THE TRANSLATION OF IDEAS INTO PROCEDURES, DEVICES, AND PRODUCTS. THE FOUNDATION ASSISTS MUSC IN ACCOMPLISHING ITS EDUCATIONAL AND PUBLIC SERVICE MISSIONS BY SUPPORTING CONTINUING MEDICAL EDUCATION AND OTHER OPPORTUNITIES FOR MUSC FACULTY, RESIDENTS, AND MEDICAL STUDENTS. OTHER REGIONAL, NATIONAL AND INTERNATIONAL ATTENDEES AND FACULTY CONTRIBUTE TO THE EXCHANGE OF INFORMATION AND IDEAS. THIS FOCUS INCLUDES DIGESTIVE DISEASE, PSYCHIATRY AND CARDIOLOGY.THE FOUNDATION PROVIDES RESEARCH SUPPORT TO MUSC FACULTY TO FURTHER THE INNOVATIVE PROCESS AND EXPEDITE, FOR THE PUBLIC BENEFIT, THE TRANSLATION OF IDEAS INTO PROCEDURES, DEVICES AND PRODUCTS. |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10133 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 15718 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 25851 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DEANNE LUCAS CPA |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8438761902 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 19 HAGOOD AVE SUITE 909 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHARLESTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29425 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 506081 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 689796 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 131183 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 1120 S CAPITAL OF TEXAS HIGHWAY BL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | AUSTIN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 78746 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | PARKER HIGHLANDER PLLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | PATENT PROSECUTION |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 9833 |
| IRS990/CYOtherExpensesAmt | 0 | 1921911 |
| IRS990/CYOtherRevenueAmt | 0 | 13752 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2941986 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 45562 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 998098 |
| IRS990/CYTotalExpensesAmt | 0 | 2920009 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2965571 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 112922 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 222814 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2014 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2014 |
| IRS990/Desc | 0 | THE FOUNDATION MANAGES AND MARKETS INTELLECTUAL PROPERTY EMANATING FROM MUSC IN ORDER TO EXPEDITE, FOR THE PUBLIC'S BENEFIT, THE TRANSLATION OF IDEAS INTO PROCEDURES, DEVICES, AND PRODUCTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1976093 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 4786 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 370203 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 374989 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 24800 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 3090 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 27890 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form8899Filedind | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 23 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MR DANIEL D ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DR PERRY MOLINOFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DR COTESWORTH FISHBURNE JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DR RICK SCHNELLMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DR MARK CURRIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MS ARLENE MORRIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MR ARTHUR PAPPAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DR LAWRENCE S OLANOFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | WILLIAM A BAKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MICHAEL E STAVRINAKIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DR MICHAEL YOST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | DR LAYTON MCCURDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JOSEPH C MCDONALD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | DR KATHLEEN T BRADY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | DR PAUL WILLIAMSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | DR LISA SALADIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | DR RAYMOND DUBOIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | DR ROBERT MCQUADE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | MS DEANNE LUCAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | MR MICHAEL RUSNAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | DR JESSE GOODWIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | CHRISTINE DIXON THEISING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | MR ROBERT R DONATO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | MS KAREN LACKEY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 16378 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 98659 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 203715 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 118556 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 101248 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 160556 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 193450 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 277254 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 149321 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 7995 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 414301 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 307702 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EX OFFICIO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | HIGHEST COMPENSATED EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | HIGHEST COMPENSATED EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | HIGHEST COMPENSATED EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | HIGHEST COMPENSATED EMPLOYEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -449 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 18 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 61099 |
| IRS990/GrossReceiptsAmt | 0 | 3027119 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 17 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 15529 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 15529 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 10282 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 10282 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 340355 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 343788 |
| IRS990/IRPDocumentCnt | 0 | 36 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 96377 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 8977 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 6963 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 103340 |
| IRS990/LegalDomicileStateCd | 0 | SC |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 61548 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 1. TO SUPPORT THE EDUCATIONAL, RESEARCH, AND HEALTHCARE MISSION OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (MUSC) BY FOSTERING CREATIVITY AND INNOVATION.2. TO INITIATE AND SUSTAIN COOPERATION AND COLLABORATION BETWEEN MUSC AND BUSINESS AND INDUSTRY.3. ACT AS MUSC'S INTELLECTUAL PROPERTY MANAGEMENT AND TECHNOLOGY MARKETING ARM.4. ADVANCE HEALTHCARE-RELATED ECONOMIC DEVELOPMENT FOR SOUTH CAROLINA AND THE NATION.5. SUPPORT ECONOMIC DEVELOPMENT THROUGH TECHNOLOGY LICENSING. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1055886 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1096556 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -449 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -449 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -4892 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 36655 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 389 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 37044 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 17111 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 21517 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 38628 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2006 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2083 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUBCONTRACTS TO MUSC AN |
| IRS990/OtherExpensesGrp/Desc | 1 | SPECIAL ACTIVITIES |
| IRS990/OtherExpensesGrp/Desc | 2 | PROTOTYPE |
| IRS990/OtherExpensesGrp/Desc | 3 | PROFESSIONAL DEVELOPMEN |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 11180 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 851707 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 13238 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 22500 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 21459 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 851707 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 24418 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 22500 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 21459 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 13752 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 13752 |
| IRS990/OtherRevenueTotalAmt | 0 | 13752 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 36027 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 962071 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 998098 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 23713 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 28090 |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL RUSNAK |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | STATE CONTRACTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LICENSE FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PROGRAM CONTRIBUTIONS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2251707 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 589778 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 100501 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2251707 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 589778 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 100501 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE FOUNDATION ASSISTS MUSC IN ACCOMPLISHING ITS EDUCATIONAL AND PUBLIC SERVICE MISSIONS BY SUPPORTING CONTINUING MEDICAL EDUCATION AND OTHER OPPORTUNITIES FOR MUSC FACULTY, RESIDENTS, AND MEDICAL STUDENTS. OTHER REGIONAL, NATIONAL AND INTERNATIONAL ATTENDEES AND FACULTY CONTRIBUTE TO THE EXCHANGE OF INFORMATION AND IDEAS. THIS FOCUS INCLUDES DIGESTIVE DISEASE, PSYCHIATRY AND CARDIOLOGY. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 774268 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 753277 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 12583 |
| IRS990/PYOtherExpensesAmt | 0 | 1982353 |
| IRS990/PYOtherRevenueAmt | 0 | 99217 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3132204 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 313747 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 947904 |
| IRS990/PYTotalExpensesAmt | 0 | 2930257 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 3244004 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 45562 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 589778 |
| IRS990/RoyaltiesGrp/ProgramServicesAmt | 0 | 443461 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 443461 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.