Civic Intelligence

Murray State University Foundation Inc

990 • Fiscal year 2023 • EIN 61-6053844

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 16, 2023

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

0.22x

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

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

3.74x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

87th percentile

32%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

6th percentile

$105,601

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

57th percentile

7.8%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-24%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Assets

Up

$170,455,346

Up $12,392,867 (+7.8%) from 2022

Net Assets

Up

$132,407,277

Up $11,993,038 (+10.0%) from 2022

Liabilities

Up

$38,048,069

Up $399,829 (+1.1%) from 2022

Revenue

Down

$10,185,709

Down $3,197,398 (-24%) from 2022

Expenses

Up

$6,973,783

Up $1,508,170 (+28%) from 2022

Net Income

Down

$3,211,926

Down $4,705,568 (-59%) from 2022

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

2023

Assets$170,455,346
Liabilities$38,048,069
Net Assets$132,407,277

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

2023

Revenue$10,185,709
Expenses$6,973,783
Net Income$3,211,926
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$10,223,480
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$137,449,350$149,465,854▲ $12,016,504
Land, Buildings, and Equipment, Net$8,664,750$8,719,355▲ $54,605
Savings and Temporary Cash Investments$2,613,598$1,572,691▼ $1,040,907
Investments Other Securities$1,076,033$1,018,179▼ $57,854
Pledges and Grants Receivable$588,680$534,133▼ $54,547
Accounts Receivable$64,650$94,420▲ $29,770
Inventories for Sale or Use$33,306$42,576▲ $9,270
Prepaid Expenses and Deferred Charges$20,548$25,249▲ $4,701
Cash and Non-Interest-Bearing Accounts$5,247$5,247→ $0
Total Assets$158,062,479$170,455,346▲ $12,392,867
Other Assets Total$7,546,317$8,977,642▲ $1,431,325
Liabilities
Escrow Account Liability$30,959,182$31,772,956▲ $813,774
Mortgage Notes Payable Secured by Investment Property$5,523,020$5,110,230▼ $412,790
Other Liabilities$941,959$889,833▼ $52,126
Accounts Payable and Accrued Expenses$153,187$184,676▲ $31,489
Deferred Revenue$70,892$90,374▲ $19,482
Total Liabilities$37,648,240$38,048,069▲ $399,829
Net Assets / Fund Balance
Net Assets With Donor Restrictions$96,724,915$104,582,688▲ $7,857,773
Net Assets Without Donor Restrictions$23,689,324$27,824,589▲ $4,135,265
Total Net Assets Fund Balance$120,414,239$132,407,277▲ $11,993,038
Total Liabilities and Net Assets / Fund Balance$158,062,479$170,455,346▲ $12,392,867

Asset Categories

AssetBook ValueDepreciationBasis
Land$7,531,009-$4,978,052
Buildings$793,692$1,491,010$2,284,702
Equipment$167,803$1,105,837$1,273,640
Leasehold Improvements$208,547$310,292$518,839
Other Land Buildings$18,304-$18,304
Other Assets Org$264,477--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$76,252,793$2,110,953▲ $8,507,343-$84,098,930
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James CrawfordControllerFT$85,595$20,006$105,601
Dr David W DurrPresidentPT$77,297$12,804$90,101
Carol GallimoreSecretaryFT$43,321$18,946$62,267
Ellen DaleControllerFT$13,072$175$13,247
Revenue and Support

Revenue Composition

Contributions and Grants
$4,121,425
Program Service Revenue
$599,451
Investment Income
$5,414,640
Other Revenue
$50,193
All Other Contributions
$4,051,169
Change in Net Assets
$3,211,926

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$748,440Fair Market Value
Total Noncash Contributions15$748,440-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,021,680
Revenue Not Reported on Financial Statements
$164,029
Revenue Not Reported on Form 990
$8,818,883
Total Revenue per Audited Statements
$18,840,563
Total Revenue per Form 990
$10,185,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,579,807
Other Expenses$1,393,976
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,579,807--$5,579,807
Fees for Service Investment Mgmnt Fees-$164,029-$164,029
Fees for Services Other-$85,044-$85,044
Office Expenses$4,000$40,572-$44,572
Fees for Services Accounting-$35,000-$35,000
Depreciation Depletion$23,983$6,630-$30,613
Insurance-$22,810-$22,810
Occupancy-$10,355-$10,355
Other Expenses$82,794$6,423-$6,423
All Other Expenses-$1,241-$1,241
Total Functional Expenses$6,253,234$720,549$0$6,973,783

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,973,783
Total Expenses per Audited Statements$6,847,525
Expenses per Audited Statements$6,809,754
Expenses Not Reported on Financial Statements$164,029
Expenses Not Reported on Form 990$37,771
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Murray State UniversityMurray, KY501(c)(3)Fund Scholarship for Students at Msu and General University Support$5,579,807
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,495
Fundraising Direct Expenses$16,534
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of the Arts$61,225$39,175$7,234$31,941
Breakfast on the Farm$25,940$1,320$3,005$-1,685
Total Events$110,751$40,495$16,534$23,961
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$452,027
Refundable Advances From Donors$295,396
Capital Lease Payable$142,410
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
2023-10-16
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 219,926.

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 44 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 21,237. Fundraising expenses netted with revenue on 990 16,534. Change in value of annuities 219,926.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses netted with revenue on 990 21,237. Fundraising expenses netted with revenue on 990 16,534.

Part V Line 1A

The 2022 beginning balance of the temporarily restricted funds were adjusted for a prior period restatement in the endowment fund.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt26175
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/PersonNm21MICHAEL M PITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22KATHY HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm23DR DAVID W DURR
IRS990/Form990PartVIISectionAGrp/PersonNm24CAROL GALLIMORE
IRS990/Form990PartVIISectionAGrp/PersonNm25JAMES CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm26ELLEN DALE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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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
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2377297
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2443321
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2585595
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2613072
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/TitleTxt26CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01946
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt070256
IRS990/FundraisingDirectExpensesAmt016534
IRS990/FundraisingGrossIncomeAmt040495
IRS990/GainOrLossGrp/SecuritiesAmt02424817
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantAmt05579807
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05579807
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05579807
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02424817
IRS990/GrossReceiptsAmt010223480
IRS990/GrossRentsGrp/RealAmt040587
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt022810
IRS990/InsuranceGrp/TotalAmt022810
IRS990/InventoriesForSaleOrUseGrp/BOYAmt033306
IRS990/InventoriesForSaleOrUseGrp/EOYAmt042576
IRS990/InvestmentIncomeGrp/ExclusionAmt02989823
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02989823
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01076033
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01018179
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0137449350
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0149465854
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02907139
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08664750
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08719355
IRS990/LandBldgEquipCostOrOtherBssAmt011626494
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/RealAmt021237
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/BOYAmt05523020
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05110230
IRS990/NetAssetsOrFundBalancesBOYAmt0120414239
IRS990/NetAssetsOrFundBalancesEOYAmt0132407277
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02424817
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02424817
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt023961
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt023961
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt019350
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt019350
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08561186
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt023689324
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt027824589
IRS990/NoncashContributionsAmt0748440
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt010355
IRS990/OccupancyGrp/TotalAmt010355
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040572
IRS990/OfficeExpensesGrp/ProgramServicesAmt04000
IRS990/OfficeExpensesGrp/TotalAmt044572
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07546317
IRS990/OtherAssetsTotalGrp/EOYAmt08977642
IRS990/OtherChangesInNetAssetsAmt0219926
IRS990/OtherExpensesGrp/Desc0GOLF COURSE EXPENSES
IRS990/OtherExpensesGrp/Desc1SALARY REIMBURSEMENTS
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT PURCHAS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0341056
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26423
IRS990/OtherExpensesGrp/ProgramServicesAmt0562650
IRS990/OtherExpensesGrp/ProgramServicesAmt182794
IRS990/OtherExpensesGrp/TotalAmt0562650
IRS990/OtherExpensesGrp/TotalAmt1423850
IRS990/OtherExpensesGrp/TotalAmt27389
IRS990/OtherExpensesGrp/TotalAmt36423
IRS990/OtherLiabilitiesGrp/BOYAmt0941959
IRS990/OtherLiabilitiesGrp/EOYAmt0889833
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt06497
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06497
IRS990/OtherRevenueTotalAmt06497
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0588680
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0534133
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020548
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025249
IRS990/PrincipalOfficerNm0DR DAVID DURR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0GOLF COURSE REVENUES
IRS990/ProgramServiceRevenueGrp/Desc1FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0126395
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155371
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0544080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155371

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