Civic Intelligence

Murray State University Foundation Inc

990 • Fiscal year 2019 • EIN 61-6053844

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 21, 2019

100 Nash HouseMurray, KY 42071

(270) 809-3017

Siviq Scores

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

Liabilities / Assets

44th percentile

0.24x

Higher debt load relative to assets than 44% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

4.14x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Net Margin

92nd percentile

46%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

5th percentile

$97,234

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Asset Growth

47th percentile

3.8%

Faster asset growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-20%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Assets

Up

$138,054,243

Up $5,011,681 (+3.8%) from 2018

Net Assets

Up

$104,249,815

Up $5,037,948 (+5.1%) from 2018

Liabilities

Down

$33,804,428

Down $26,267 (-0.1%) from 2018

Revenue

Down

$8,162,194

Down $2,041,716 (-20%) from 2018

Expenses

Up

$4,434,297

Up $250,735 (+6.0%) from 2018

Net Income

Down

$3,727,897

Down $2,292,451 (-38%) from 2018

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $82,800,153Liabilities 2011: $26,744,850Net Assets 2011: $56,055,3032011Assets 2012: $83,720,853Liabilities 2012: $26,791,509Net Assets 2012: $56,929,3442012Assets 2013: $95,063,689Liabilities 2013: $29,815,054Net Assets 2013: $65,248,6352013Assets 2014: $107,977,256Liabilities 2014: $31,763,032Net Assets 2014: $76,214,2242014Assets 2015: $110,567,898Liabilities 2015: $32,500,301Net Assets 2015: $78,067,5972015Assets 2016: $108,656,171Liabilities 2016: $31,194,105Net Assets 2016: $77,462,0662016Assets 2017: $124,228,728Liabilities 2017: $34,021,179Net Assets 2017: $90,207,5492017Assets 2018: $133,042,562Liabilities 2018: $33,830,695Net Assets 2018: $99,211,8672018Assets 2019: $138,054,243Liabilities 2019: $33,804,428Net Assets 2019: $104,249,8152019Assets 2020: $141,577,757Liabilities 2020: $34,139,239Net Assets 2020: $107,438,5182020Assets 2021: $179,089,446Liabilities 2021: $40,854,195Net Assets 2021: $138,235,2512021Assets 2022: $158,062,479Liabilities 2022: $37,648,240Net Assets 2022: $120,414,2392022Assets 2023: $170,455,346Liabilities 2023: $38,048,069Net Assets 2023: $132,407,2772023Assets 2024: $192,247,701Liabilities 2024: $41,543,204Net Assets 2024: $150,704,4972024Assets 2025: $215,119,811Liabilities 2025: $48,979,640Net Assets 2025: $166,140,1712025

Highlighted filing

2019

Assets$138,054,243
Liabilities$33,804,428
Net Assets$104,249,815

Operations Trend

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

$20M$15M$10M$5.0M$0Revenue 2011: $9,326,248Expenses 2011: $4,244,873Net Income 2011: $5,081,3752011Expenses 2012: $3,879,5802012Expenses 2013: $4,089,4792013Revenue 2014: $9,477,419Expenses 2014: $4,269,419Net Income 2014: $5,208,0002014Revenue 2015: $9,627,844Expenses 2015: $4,675,982Net Income 2015: $4,951,8622015Revenue 2016: $10,404,798Expenses 2016: $5,664,924Net Income 2016: $4,739,8742016Revenue 2017: $8,760,482Expenses 2017: $4,026,886Net Income 2017: $4,733,5962017Revenue 2018: $10,203,910Expenses 2018: $4,183,562Net Income 2018: $6,020,3482018Revenue 2019: $8,162,194Expenses 2019: $4,434,297Net Income 2019: $3,727,8972019Revenue 2020: $8,079,153Expenses 2020: $4,740,360Net Income 2020: $3,338,7932020Revenue 2021: $13,646,404Expenses 2021: $5,530,455Net Income 2021: $8,115,9492021Revenue 2022: $13,383,107Expenses 2022: $5,465,613Net Income 2022: $7,917,4942022Revenue 2023: $10,185,709Expenses 2023: $6,973,783Net Income 2023: $3,211,9262023Revenue 2024: $15,739,804Expenses 2024: $7,420,608Net Income 2024: $8,319,1962024Revenue 2025: $13,974,160Expenses 2025: $7,361,139Net Income 2025: $6,613,0212025

Highlighted filing

2019

Revenue$8,162,194
Expenses$4,434,297
Net Income$3,727,897
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 21, 2019
Return Version
2018v3.1
Gross Receipts
$69,176,072
Mission and Program Overview

Mission

Enhancement of murray state university by assisting in fundraising, collecting contributions to the university for student scholarships, faculty support, and special projects, managing scholarship disbursements, and investment management.

Enhancement of murray state university by assisting in fundraising, collecting contributions for student scholarships, faculty support, and special projects. The foundation also assists in managing scholarship disbursements and investment management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$117,821,589$123,572,175▲ $5,750,586
Land, Buildings, and Equipment, Net$9,116,576$8,993,697▼ $122,879
Savings and Temporary Cash Investments$1,497,219$3,084,809▲ $1,587,590
Investments Other Securities$1,028,117$1,085,387▲ $57,270
Pledges and Grants Receivable$740,133$1,075,782▲ $335,649
Accounts Receivable$2,765,584$176,764▼ $2,588,820
Inventories for Sale or Use$30,577$30,470▼ $107
Prepaid Expenses and Deferred Charges$36,887$28,880▼ $8,007
Cash and Non-Interest-Bearing Accounts$5,880$6,279▲ $399
Total Assets$133,042,562$138,054,243▲ $5,011,681
Liabilities
Escrow Account Liability$27,501,731$27,628,298▲ $126,567
Mortgage Notes Payable Secured by Investment Property$5,378,187$5,208,773▼ $169,414
Other Liabilities$717,788$722,430▲ $4,642
Accounts Payable and Accrued Expenses$172,379$187,489▲ $15,110
Deferred Revenue$60,610$57,438▼ $3,172
Total Liabilities$33,830,695$33,804,428▼ $26,267
Net Assets / Fund Balance
Permanently Rstr Net Assets$51,849,060$54,083,792▲ $2,234,732
Temporarily Rstr Net Assets$26,724,762$28,765,652▲ $2,040,890
Unrestricted Net Assets$20,638,045$21,400,371▲ $762,326
Total Net Assets Fund Balance$99,211,867$104,249,815▲ $5,037,948
Total Liabilities and Net Assets / Fund Balance$133,042,562$138,054,243▲ $5,011,681

Asset Categories

AssetBook ValueDepreciationBasis
Land$7,531,008-$4,978,051
Buildings$1,058,869$1,206,598$2,265,467
Equipment$125,086$859,136$984,222
Leasehold Improvements$260,430$258,409$518,839
Other Land Buildings$18,304-$18,304

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$65,577,760$4,367,220▲ $3,534,800-$66,703,041
2017$60,133,600$1,409,101▲ $5,831,756-$65,577,760
2016$51,290,045$4,256,825▲ $5,992,101-$60,133,600
2015$50,369,435$2,998,416▼ $278,139-$51,290,045
2014$49,783,849$1,371,180▲ $579,303-$50,369,435
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susie MalloyControllerFT$74,555$22,679$97,234
Robert L JacksonPresident Until 8/16/18PT$45,633$21,867$67,500
Dr David W DurrPresident/trusteePT$27,592$12,844$40,436
Kala DunnSecretaryFT$26,759$9,112$35,871
Tammie RigginsSecretary Until 4/28/18FT$20,280$10,405$30,685
Revenue and Support

Revenue Composition

Contributions and Grants
$3,643,266
Program Service Revenue
$455,611
Investment Income
$3,984,353
Other Revenue
$78,964
All Other Contributions
$3,623,062
Change in Net Assets
$3,727,897

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded15$384,331Fair Market Value
Total Noncash Contributions15$384,331-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,990,075
Revenue Not Reported on Financial Statements
$172,119
Revenue Not Reported on Form 990
$1,347,379
Other Revenue Adjustments
$172,119
Total Revenue per Audited Statements
$9,337,454
Total Revenue per Form 990
$8,162,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,978,768
Other Expenses$1,115,805
Salaries, Compensation, and Employee Benefits$339,724
Total Fundraising Expense$36,087
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,978,768--$2,978,768
Current Officers, Directors, Trustees, and Key Employees$48,782$150,230$36,087$235,099
Fees for Service Investment Mgmnt Fees-$172,119-$172,119
Fees for Services Other$114,718$3,125-$117,843
Other Salaries and Wages$10,712$40,298-$51,010
Depreciation Depletion$22,409$6,071-$28,480
Other Employee Benefits$4,860$18,284-$23,144
Fees for Services Accounting-$22,400-$22,400
Insurance-$20,132-$20,132
Payroll Taxes$3,256$12,248-$15,504
Pension Plan Contributions$3,143$11,824-$14,967
All Other Expenses-$9,057-$9,057
Other Expenses$4,000$8,008-$8,008
Travel-$4,396-$4,396
Office Expenses-$4,277-$4,277
Occupancy-$787-$787
Fees for Services Legal-$540-$540
Total Functional Expenses$3,795,790$602,420$36,087$4,434,297

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,434,297
Total Expenses per Audited Statements$4,299,506
Expenses per Audited Statements$4,262,178
Expenses Not Reported on Financial Statements$172,119
Other Expense Adjustments$172,119
Expenses Not Reported on Form 990$37,328
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Murray State UniversityMurray, KY501(c)(3)Fund Scholarship for Students at Msu and General University Support$2,978,768
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,593
Fundraising Direct Expenses$36,087
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of Arts$47,592$42,622$15,136$27,486
Hutson Harvest Gala$24,205$8,971$5,955$3,016
Total Events$71,797$51,593$36,087$15,506
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances From Donors$328,203
Amounts Due to Murray State University$319,944
Capital Lease Obligations$74,283
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 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
Yes
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

Form 990 is prepared by an independent accounting firm, reviewed by management, and provided to the entire board electronically prior to the return being filed.

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

At the beginning of service and at each term renewal, all board members are required to sign a code of ethics statement which includes a provision for refusing conflict, or the appearance of conflict, between personal and institutional interest.

Form 990, Part VI, Section B, Line 15

Murray state university foundation manages its payroll and benefits through murray state university. Therefore, the foundation pays no compensation directly to individuals.

Form 990, Part VI, Section C, Line 19

Articles of incorporation, by-laws, and financial statements are provided upon written request, and at the discretion of the board of directors and management.

Filing and Contact Details

Filer

Filer Name
Murray State University Foundation Inc
EIN
61-6053844
Phone
2708093017
Address
100 NASH HOUSE, MURRAY, KY 42071

Signing Officer

Name
Dr David Durr
Title
President
Phone
2708093017
Signed
2019-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr David Durr
Formed
1946
Legal Domicile
Ky
Voting Board Members
22
Independent Board Members
22
Employees
34
Volunteers
25

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
106 W VINE STREET SUITE 600, LEXINGTON, KY 40507
Preparer
Allison C Carter
Phone
8592552341
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of annuities payable 31,829.

Form 990, Part XII, Line 2C

The process for oversight of the audit and the selection of the independent accountant has not changed from the prior year.

Part I, Line 5

The organization had 34 employees during the year. However, employment filings are done through murray state university. The organization reimburses the university for these employees. The officer compensation listed in part vii is included in the reimbursed salaries.

Financial Statement Notes

PART IV, LINE 2B:

Assets held for others - the foundation holds and invests certain assets on behalf of murray state university.

PART V, LINE 4:

The earnings are used to supplement the operations of murray state university and to provide scholarships to the students of murray state university.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses netted with revenue on 990 1,241. Change in value of annuities 31,829. Special events expense netted with revenue on 990 36,087.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Expenses netted with revenue on financials 172,119.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special events expense netted with revenue on 990 36,087. Rental expenses netted with revenue on 990 1,241.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Expenses netted with revenue on financials 172,119.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt229112
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2321867
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2422679
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2510405
IRS990/Form990PartVIISectionAGrp/PersonNm0ALAN C STOUT
IRS990/Form990PartVIISectionAGrp/PersonNm1C STEVE STORY
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID M DILL
IRS990/Form990PartVIISectionAGrp/PersonNm3DR DAVID W DURR
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNIS W SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5GEORGE E LONG II
IRS990/Form990PartVIISectionAGrp/PersonNm6HAROLD G DORAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm7J MARSHALL GAGE
IRS990/Form990PartVIISectionAGrp/PersonNm8JERRY T SHROAT
IRS990/Form990PartVIISectionAGrp/PersonNm9JESSICA REED
IRS990/Form990PartVIISectionAGrp/PersonNm10JIM CASH
IRS990/Form990PartVIISectionAGrp/PersonNm11JOE A OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm12KRIS A ROBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm13LANA G PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm14MARY RHEAETTA RHEA ASHBY
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL S HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm16RICHARD A DICK ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm17SHAWN L REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm18THOMAS B LOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm19TIMOTHY M ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm20TIMOTHY S TODD
IRS990/Form990PartVIISectionAGrp/PersonNm21TOM S MADDOX JR
IRS990/Form990PartVIISectionAGrp/PersonNm22KALA DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm23ROBERT L JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm24SUSIE MALLOY
IRS990/Form990PartVIISectionAGrp/PersonNm25TAMMIE RIGGINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt327592
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2226759
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2345633
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2474555
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2520280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT/TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt23PRESIDENT UNTIL 8/16/18
IRS990/Form990PartVIISectionAGrp/TitleTxt24CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt25SECRETARY UNTIL 4/28/18
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01946
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt020204
IRS990/FundraisingDirectExpensesAmt036087
IRS990/FundraisingGrossIncomeAmt051593
IRS990/GainOrLossGrp/SecuritiesAmt01701890
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantAmt02978768
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02978768
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02978768
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt062678440
IRS990/GrossReceiptsAmt069176072
IRS990/GrossRentsGrp/RealAmt041712
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt020132
IRS990/InsuranceGrp/TotalAmt020132
IRS990/InventoriesForSaleOrUseGrp/BOYAmt030577
IRS990/InventoriesForSaleOrUseGrp/EOYAmt030470
IRS990/InvestmentIncomeGrp/ExclusionAmt02282463
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02282463
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01028117
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01085387
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0117821589
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0123572175
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02324143
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09116576
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08993697
IRS990/LandBldgEquipCostOrOtherBssAmt011317840
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt060976550
IRS990/LessRentalExpensesGrp/RealAmt01241
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ENHANCEMENT OF MURRAY STATE UNIVERSITY BY ASSISTING IN FUNDRAISING, COLLECTING CONTRIBUTIONS FOR STUDENT SCHOLARSHIPS, FACULTY SUPPORT, AND SPECIAL PROJECTS. THE FOUNDATION ALSO ASSISTS IN MANAGING SCHOLARSHIP DISBURSEMENTS AND INVESTMENT MANAGEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05378187
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05208773
IRS990/NetAssetsOrFundBalancesBOYAmt099211867
IRS990/NetAssetsOrFundBalancesEOYAmt0104249815
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01701890
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01701890
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt015506
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt015506
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt040471
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt040471
IRS990/NetUnrelatedBusTxblIncmAmt0-166042
IRS990/NetUnrlzdGainsLossesInvstAmt01278222
IRS990/NoncashContributionsAmt0384331
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0787
IRS990/OccupancyGrp/TotalAmt0787
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04277
IRS990/OfficeExpensesGrp/TotalAmt04277
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt031829
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018284
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04860
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023144
IRS990/OtherExpensesGrp/Desc0GOLF COURSE EXPENSES
IRS990/OtherExpensesGrp/Desc1PLEDGE WRITEDOWN
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT PURCHAS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0100000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118624
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28008
IRS990/OtherExpensesGrp/ProgramServicesAmt0605142
IRS990/OtherExpensesGrp/ProgramServicesAmt14000
IRS990/OtherExpensesGrp/TotalAmt0605142
IRS990/OtherExpensesGrp/TotalAmt1100000
IRS990/OtherExpensesGrp/TotalAmt222624
IRS990/OtherExpensesGrp/TotalAmt38008
IRS990/OtherLiabilitiesGrp/BOYAmt0717788
IRS990/OtherLiabilitiesGrp/EOYAmt0722430
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt022660
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022660
IRS990/OtherRevenueTotalAmt022660
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040298
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010712
IRS990/OtherSalariesAndWagesGrp/TotalAmt051010
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012248
IRS990/PayrollTaxesGrp/ProgramServicesAmt03256
IRS990/PayrollTaxesGrp/TotalAmt015504
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011824
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03143
IRS990/PensionPlanContributionsGrp/TotalAmt014967
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt051849060
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt054083792
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0740133
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01075782
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036887
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028880
IRS990/PrincipalOfficerNm0DR DAVID DURR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$215$49.0$166$14.0$7.36$6.61
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$192$41.5$151$15.7$7.42$8.32
2023Detailed filing. Detailed filing data is available for this year.$170$38.0$132$10.2$6.97$3.21
2022Detailed filing. Detailed filing data is available for this year.$158$37.6$120$13.4$5.47$7.92
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$179$40.9$138$13.6$5.53$8.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$142$34.1$107$8.08$4.74$3.34
2019Detailed filing. Detailed filing data is available for this year.$138$33.8$104$8.16$4.43$3.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$133$33.8$99.2$10.2$4.18$6.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$124$34.0$90.2$8.76$4.03$4.73
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$109$31.2$77.5$10.4$5.66$4.74
2015Detailed filing. Detailed filing data is available for this year.$111$32.5$78.1$9.63$4.68$4.95
2014Detailed filing. Detailed filing data is available for this year.$108$31.8$76.2$9.48$4.27$5.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.1$29.8$65.2$4.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.7$26.8$56.9$3.88
2011Summary only. Only limited summary data is available for this year.$82.8$26.7$56.1$9.33$4.24$5.08