Civic Intelligence

Murray State University Foundation Inc

990 • Fiscal year 2022 • EIN 61-6053844

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 31, 2022

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

45th percentile

0.24x

Higher debt load relative to assets than 45% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

2.81x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

6th percentile

$103,408

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

34th percentile

-1.9%

Faster revenue growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Assets

Down

$158,062,479

Down $21,026,967 (-12%) from 2021

Net Assets

Down

$120,414,239

Down $17,821,012 (-13%) from 2021

Liabilities

Down

$37,648,240

Down $3,205,955 (-7.8%) from 2021

Revenue

Down

$13,383,107

Down $263,297 (-1.9%) from 2021

Expenses

Down

$5,465,613

Down $64,842 (-1.2%) from 2021

Net Income

Down

$7,917,494

Down $198,455 (-2.4%) from 2021

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

2022

Assets$158,062,479
Liabilities$37,648,240
Net Assets$120,414,239

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

2022

Revenue$13,383,107
Expenses$5,465,613
Net Income$7,917,494
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 31, 2022
Return Version
2021v4.2
Gross Receipts
$16,384,185
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$155,839,316$137,449,350▼ $18,389,966
Land, Buildings, and Equipment, Net$8,761,853$8,664,750▼ $97,103
Savings and Temporary Cash Investments$3,157,247$2,613,598▼ $543,649
Investments Other Securities$1,062,539$1,076,033▲ $13,494
Pledges and Grants Receivable$853,640$588,680▼ $264,960
Accounts Receivable$42,664$64,650▲ $21,986
Inventories for Sale or Use$27,590$33,306▲ $5,716
Prepaid Expenses and Deferred Charges$20,548$20,548→ $0
Cash and Non-Interest-Bearing Accounts$5,249$5,247▼ $2
Total Assets$179,089,446$158,062,479▼ $21,026,967
Other Assets Total$9,318,800$7,546,317▼ $1,772,483
Liabilities
Escrow Account Liability$34,405,803$30,959,182▼ $3,446,621
Mortgage Notes Payable Secured by Investment Property$5,441,341$5,523,020▲ $81,679
Other Liabilities$460,193$941,959▲ $481,766
Accounts Payable and Accrued Expenses$480,336$153,187▼ $327,149
Deferred Revenue$66,522$70,892▲ $4,370
Total Liabilities$40,854,195$37,648,240▼ $3,205,955
Net Assets / Fund Balance
Net Assets With Donor Restrictions$109,362,397$96,724,915▼ $12,637,482
Net Assets Without Donor Restrictions$28,872,854$23,689,324▼ $5,183,530
Total Net Assets Fund Balance$138,235,251$120,414,239▼ $17,821,012
Total Liabilities and Net Assets / Fund Balance$179,089,446$158,062,479▼ $21,026,967

Asset Categories

AssetBook ValueDepreciationBasis
Land$7,531,009-$4,978,052
Buildings$851,951$1,419,699$2,271,650
Equipment$41,968$965,151$1,007,119
Leasehold Improvements$221,518$297,321$518,839
Other Land Buildings$18,304-$18,304

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$88,034,925$4,539,271▼ $10,911,977-$76,940,913
2020$68,322,885$1,666,514▲ $21,237,252-$88,034,925
2019$66,703,041$1,491,843▲ $3,378,134-$68,322,885
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James CrawfordControllerFT$83,665$19,743$103,408
Dr David W DurrPresidentPT$74,083$13,255$87,338
Kala Allen-dunnSecretaryFT$34,387$11,161$45,548
Carol GallimoreSecretaryFT$4,941$1,433$6,374

Highest Paid Contractors

ContractorServicesLocationCompensation
Alan Zacharias Associates LLCConsulting2206 N MAIN STREET SUITE 263, Wheaton, IL 60187$134,980
Revenue and Support

Revenue Composition

Contributions and Grants
$6,508,189
Program Service Revenue
$535,001
Investment Income
$6,275,294
Other Revenue
$64,623
All Other Contributions
$6,429,184
Change in Net Assets
$7,917,494

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 Traded12$3,149,737Fair Market Value
Total Noncash Contributions12$3,149,737-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,982,258
Revenue Not Reported on Financial Statements
$400,849
Revenue Not Reported on Form 990
$-25,505,846
Other Revenue Adjustments
$214,535
Total Revenue per Audited Statements
$-12,523,588
Total Revenue per Form 990
$13,383,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,163,110
Other Expenses$1,302,503
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,163,110--$4,163,110
Fees for Service Investment Mgmnt Fees-$186,314-$186,314
Fees for Services Other$73,500$582-$74,082
Depreciation Depletion$23,983$6,410-$30,393
Fees for Services Accounting-$24,195-$24,195
Insurance-$23,091-$23,091
Other Expenses$75,414$9,674-$9,674
Office Expenses$4,000$2,465-$6,465
All Other Expenses-$5,639-$5,639
Travel-$2,619-$2,619
Occupancy-$2,400-$2,400
Total Functional Expenses$4,883,179$582,434$0$5,465,613

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,465,613
Total Expenses per Audited Statements$5,297,424
Expenses per Audited Statements$5,279,299
Expenses Not Reported on Financial Statements$186,314
Expenses Not Reported on Form 990$18,125
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Murray State UniversityMurray, KY501(c)(3)Fund Scholarship for Students at Msu and General University Support$4,163,110
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,380
Fundraising Gross Income$14,115
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of the Arts$55,170$12,610$6,285$6,325
Breakfast on the Farm$29,840$1,505$2,238$-733
Total Events$93,120$14,115$16,380$-2,265
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amounts Due to Murray State University$650,991
Refundable Advances From Donors$290,968
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
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
2022-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr David Durr
Formed
1946
Legal Domicile
Ky
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
30

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
250 W MAIN STREET STE 1400, 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 -214,535.

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 37 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 1,745. Fundraising expenses netted with revenue on 990 16,380.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Change in value of annuities 214,535.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses netted with revenue on 990 1,745. Fundraising expenses netted with revenue on 990 16,380.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
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IRS990/Form990PartVIISectionAGrp/PersonNm0JERRY T SHROAT
IRS990/Form990PartVIISectionAGrp/PersonNm1HAROLD G DORAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm2C STEVE STORY
IRS990/Form990PartVIISectionAGrp/PersonNm3TIMOTHY M ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD A DICK ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY RHEAETTA RHEA ASHBY
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID M DILL
IRS990/Form990PartVIISectionAGrp/PersonNm7CAMISHA DUFFY
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL S HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm9KAREN JONES SQUIRES
IRS990/Form990PartVIISectionAGrp/PersonNm10THOMAS B LOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm11GEORGE E LONG II
IRS990/Form990PartVIISectionAGrp/PersonNm12JOE A OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm13LANA G PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm14JESSICA REED
IRS990/Form990PartVIISectionAGrp/PersonNm15SHAWN L REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm16KRIS A ROBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm17DENNIS W SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm18JACQUELINE TAYLOR SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm19ALAN C STOUT
IRS990/Form990PartVIISectionAGrp/PersonNm20TIMOTHY S TODD
IRS990/Form990PartVIISectionAGrp/PersonNm21STEPHEN WILLIMAS
IRS990/Form990PartVIISectionAGrp/PersonNm22MICHAEL M PITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm23DR DAVID W DURR
IRS990/Form990PartVIISectionAGrp/PersonNm24CAROL GALLIMORE
IRS990/Form990PartVIISectionAGrp/PersonNm25JAMES CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm26KALA ALLEN-DUNN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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/ReportableCompFromOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt244941
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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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/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
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/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt25CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt26SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01946
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt079005
IRS990/FundraisingDirectExpensesAmt016380
IRS990/FundraisingGrossIncomeAmt014115
IRS990/GainOrLossGrp/SecuritiesAmt0-189277
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt04163110
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04163110
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04163110
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02793676
IRS990/GrossReceiptsAmt016384185
IRS990/GrossRentsGrp/RealAmt042409
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt023091
IRS990/InsuranceGrp/TotalAmt023091
IRS990/InventoriesForSaleOrUseGrp/BOYAmt027590
IRS990/InventoriesForSaleOrUseGrp/EOYAmt033306
IRS990/InvestmentIncomeGrp/ExclusionAmt06464571
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06464571
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01062539
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01076033
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0155839316
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0137449350
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02682171
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08761853
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08664750
IRS990/LandBldgEquipCostOrOtherBssAmt011346921
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02982953
IRS990/LessRentalExpensesGrp/RealAmt01745
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/BOYAmt05441341
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05523020
IRS990/NetAssetsOrFundBalancesBOYAmt0138235251
IRS990/NetAssetsOrFundBalancesEOYAmt0120414239
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-189277
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-189277
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2265
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2265
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt040664
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt040664
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-25523971
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt028872854
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023689324
IRS990/NoncashContributionsAmt03149737
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02400
IRS990/OccupancyGrp/TotalAmt02400
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02465
IRS990/OfficeExpensesGrp/ProgramServicesAmt04000
IRS990/OfficeExpensesGrp/TotalAmt06465
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09318800
IRS990/OtherAssetsTotalGrp/EOYAmt07546317
IRS990/OtherChangesInNetAssetsAmt0-214535
IRS990/OtherExpensesGrp/Desc0GOLF COURSE EXPENSES
IRS990/OtherExpensesGrp/Desc1SALARY REIMBURSEMENTS
IRS990/OtherExpensesGrp/Desc2SMALL EQUIPMENT PURCHAS
IRS990/OtherExpensesGrp/Desc3CREDIT CARD FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0296706
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122339
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29674
IRS990/OtherExpensesGrp/ProgramServicesAmt0543172
IRS990/OtherExpensesGrp/ProgramServicesAmt175414
IRS990/OtherExpensesGrp/TotalAmt0543172
IRS990/OtherExpensesGrp/TotalAmt1372120
IRS990/OtherExpensesGrp/TotalAmt222339
IRS990/OtherExpensesGrp/TotalAmt39674
IRS990/OtherLiabilitiesGrp/BOYAmt0460193
IRS990/OtherLiabilitiesGrp/EOYAmt0941959
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt025826
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025826
IRS990/OtherRevenueTotalAmt025826
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0853640
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0588680
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020548
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020548
IRS990/PrincipalOfficerNm0DR DAVID DURR
IRS990/ProfessionalFundraisingInd00

Document Assets

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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