MISSISSIPPI COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MISSISSIPPI COLLEGE (EIN 64-0303086)
- Tax period
- 2010-06-01 to 2011-05-31
- Filed
- 2011-12-08
- IRS object ID
- 201103429349300300
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-12-08T07:42:58-06:00 | Timestamp |
| Tax Period End Date | 2011-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT & HOLLAND LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVENUE SUITE 1000 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640303086 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MISSISSIPPI COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MISS | NameControl |
| Phone | 6019253310 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 4051 | AddressLine1 |
| City | CLINTON | City |
| State | MS | State |
| ZIP Code | 39058 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONNA LEWIS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 6019253865 | Phone |
| Date Signed | 2011-12-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANICE A RATICA | Name |
| Phone | 7043771678 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LEE G ROYCE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 4051 | AddressLine1 |
| City | CLINTON | City |
| State | MS | State |
| ZIP Code | 39058 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 89881490 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1826 | YearFormation |
| State Legal Domicile | MS | StateLegalDomicile |
| Activity Or Mission Description | MISSISSIPPI COLLEGE SEEKS TO BE KNOWN AS A UNIVERSITY RECOGNIZED FOR ACADEMIC EXCELLENCE & COMMITMENT TO THE CAUSE OF CHRIST. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1968 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 590083 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -98720 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7441922 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7361073 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 75364475 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 79136221 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1035685 | InvestmentIncomePriorYear |
| Investment Income Current Year | 799748 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1555111 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1198553 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 83325823 | TotalRevenuePriorYear |
| Total Revenue Current Year | 88495595 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 18778335 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19477206 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 36605574 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 39226440 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 78281 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 97958 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1154312 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 25379066 | OtherExpensePriorYear |
| Other Expenses Current Year | 24899750 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 80841256 | TotalExpensesPriorYear |
| Total Expenses Current Year | 83701354 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2484567 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4794241 | RevenuesLessExpensesCY |
| Total Assets BOY | 175535903 | TotalAssetsBOY |
| Total Assets EOY | 182611456 | TotalAssetsEOY |
| Total Liabilities BOY | 30104453 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 29947981 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 145431450 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 152663475 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | MISSISSIPPI COLLEGE IS A PRIVATE, CO-EDUCATIONAL, COMPREHENSIVE UNIVERSITY OF LIBERAL ARTS AND SCIENCES AND PROFESSIONAL STUDIES DEDICATED TO THE PURSUIT OF ACADEMIC EXCELLENCE. FOUNDED IN 1826, MISSISSIPPI COLLEGE IS THE OLDEST INSTITUTION OF HIGHER LEARNING AND THE LARGEST PRIVATE UNIVERSITY IN THE STATE OF MISSISSIPPI. AS A CHRISTIAN INSTITUTION, MISSISSIPPI COLLEGE VALUES THE INTEGRATION OF FAITH AND LEARNING THROUGHOUT THE EDUCATIONAL PROCESS. MISSISSIPPI COLLEGE STIMULATES THE INTELLECTUAL DEVELOPMENT OF ITS STUDENTS THROUGH THE LIBERAL ARTS AND SCIENCES AND CONCENTRATED STUDY IN SPECIALIZED FIELDS, INCLUDING PRE-PROFESSIONAL AND PROFESSIONAL PROGRAMS. FURTHERMORE, THE UNIVERSITY ENVIRONMENT PROMOTES THE SPIRITUAL, SOCIAL, EMOTIONAL, AND PHYSICAL DEVELOPMENT OF ITS STUDENTS AND ENCOURAGES THEM TO UTILIZE THEIR SKILLS, TALENTS, AND ABILITIES AS THEY PURSUE MEANINGFUL CAREERS, LIFE-LONG LEARNING, AND SERVICE TO GOD AND OTHERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 64887359 | Expense |
| Grants | 19477206 | Grants |
| Revenue | 67863881 | Revenue |
| Description | EDUCATIONAL AND GENERAL EXPENSES. INSTRUCTION IS PROVIDED TO MORE THAN 5,000 STUDENTS WITH UNDERGRADUATE, GRADUATE AND DOCTORAL PROGRAMS AND DEGREES. THE COLLEGE IS COMMITTED TO EXCELLENCE AND INNOVATION IN TEACHING AND LEARNING. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6816868 | Expense |
| Revenue | 10717880 | Revenue |
| Description | AUXILIARY ENTERPRISES. THE COLLEGE PROVIDES A NUMBER OF SERVICES THAT SUPPORT LEARNING, BUILD COMMUNITY AND ENHANCE THE OVERALL QUALITY OF STUDENT LIFE. THESE INCLUDE, BUT ARE NOT LIMITED TO, RESIDENTIAL HOUSING, DINING, BOOKSTORE AND MAIL SERVICES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 71704227 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 6409 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1968 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 1 | NonDeductibleContributions |
| Non Deductible Disclosure | 1 | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MS | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONNA LEWIS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6019253865 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S CAPITOL STREET | AddressLine1 |
| City | CLINTON | City |
| State | MS | State |
| ZIP Code | 39058 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (49 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| MR ROY WARD | ||||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| MRS JEAN WILLIAMS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR RALPH BARNES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR TROY BRAND | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR CYNTHIA BRUMFIELD | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR FINIS CALVERT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MS LA'VERNE EDNEY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR MAJOR EVERETT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS GAYE FLYNT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR LARRY FRANKLIN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR FRANK GUNN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR FRED HAHN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS JANE HEDERMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR EDDIE KINCHEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR SHARON MARTIN | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| MR BEN MCKIBBENS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR JASPER MCPHAIL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR ALAN NUNNELEE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR ROBERT WATSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR DON PHILLIPS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| REV WILLIAM P SMITH III | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR LELAND SPEED | ||||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| REV CHIP STEVENS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR ANDY TAGGART | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR RANDY TURNER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS BETH CLAY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS ROBBIE CROSS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR GENE HENDERSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR BILL SONES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR ED TREHERN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR BILL DYE JR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MR MIKE RICE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MRS MARY ELLIS SMITH | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR KENNETH WEATHERSBY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DR LEE G ROYCE | ||||||||
| PRESIDENT | 37.50 | X | 316853 | 0 | 57251 | |||
| DR RONALD HOWARD | ||||||||
| VP FOR ACADEMIC AFF | 37.50 | X | 149089 | 0 | 31157 | |||
| DR DEBORAH C NORRIS | ||||||||
| VP FOR PLAN & ASSESS | 37.50 | X | 114282 | 0 | 23715 | |||
| DR WILLIAM TOWNSEND | ||||||||
| VP FOR INST ADVANCEMENT | 37.50 | X | 159556 | 0 | 23021 | |||
| DR JAMES TURCOTTE | ||||||||
| VP FOR ENROLL SVCS | 37.50 | X | 115326 | 0 | 16328 | |||
| DR ERIC E PRATT | ||||||||
| VP FOR CHRISTIAN DEVELOPME | 37.50 | X | 94478 | 0 | 20337 | |||
| DR STEVEN W STANFORD | ||||||||
| VP FOR ADMIN & GOVT RELATI | 37.50 | X | 115081 | 0 | 16323 | |||
| MRS DONNA L LEWIS | ||||||||
| CFO | 37.50 | X | 125365 | 0 | 30555 | |||
| MR WILLIAM CRANFORD | ||||||||
| CHIEF INFORMATION OFFICER | 37.50 | X | 102081 | 0 | 12648 | |||
| DR JAMES H ROSENBLATT | ||||||||
| DEAN-SCHOOL OF LAW | 37.50 | 193891 | 0 | 18130 | X | |||
| DR MARCELO L EDUARDO | ||||||||
| DEAN-SCHOOL OF BUS | 37.50 | 170362 | 0 | 28146 | X | |||
| DR MATTHEW STEFFEY | ||||||||
| PROFESSOR - LAW | 37.50 | 171051 | 0 | 25527 | X | |||
| DR STANLEY BALDWIN | ||||||||
| DEAN - SCHOOL OF MATH & SCIENCE | 37.50 | 153250 | 0 | 21725 | X | |||
| DR PATRICIA BENNETT | ||||||||
| PROFESSOR - LAW | 37.50 | 158890 | 0 | 21590 | X | |||
| DR ANGELA KUPENDA | ||||||||
| PROFESSOR - LAW | 37.50 | 147662 | 0 | 16741 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2287217 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 363194 | TotalOtherCompensation |
| Number Individuals GT100 K | 37 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SHANE ORMON CONSTRUCTION MGMT & DESIGN | |||||
| PO BOX 1359 | CLINTON | MS | 39060 | CONSTRUCTION | 724875 |
| SODEXO | |||||
| 9801 WASHINGTONIAN BLVD | GAITHERSBURG | MD | 20878 | FOOD SERVICES | 589506 |
| WEST GROUP | |||||
| 610 OPPERMAN DRIVE | EAGAN | MN | 55123 | LIBRARY SUBSCRIPTION SERVICE | 577785 |
| JA MOSS CONSTRUCTION COMPANY | |||||
| PO BOX 180460 | RICHLAND | MS | 39218 | CONSTRUCTION | 464506 |
| MAD GENIUS INC | |||||
| 279 SOUTH PERKINS STREET | RIDGELAND | MS | 39157 | ADVERTISING | 452562 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 23 | NumberOfContractorsGT100K |
| Fundraising Events | 554460 | FundraisingEvents |
| All Other Contributions | 6806613 | AllOtherContributions |
| Noncash Contributions | 266710 | NoncashContributions |
| Total Contributions | 7361073 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611600 | 66938396 | 66938396 |
| AUXILIARY SERVICES | 611710 | 10717880 | 10717880 |
| OTHER REVENUE | 611710 | 1479945 | 1479945 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 79136221 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 400744 | TotalRevenueColumn |
| Exclusion | $400,744 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 1140966 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 1140966 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1140966 | TotalRevenueColumn |
| Unrelated Business Revenue | 28995 | UnrelatedBusinessRevenue |
| Exclusion | $1,111,971 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1680402 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1281398 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 399004 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 399004 | TotalRevenueColumn |
| Unrelated Business Revenue | 399004 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 0 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 554460 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 104497 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -104497 | TotalRevenueColumn |
| Exclusion | -$104,497 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADVERTISING | Description |
| Business Code | 515100 | BusinessCode |
| Total Revenue Column | 162084 | TotalRevenueColumn |
| Unrelated Business Revenue | 162084 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 162084 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 88495595 | TotalRevenueColumn |
| Related Or Exempt Function Income | 79136221 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 590083 | UnrelatedBusinessRevenue |
| Exclusion | $1,408,218 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133760 | Total |
| Program Services | 133760 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19343446 | Total |
| Program Services | 19343446 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1474558 | Total |
| Program Services | 594411 | ProgramServices |
| Management And General | 880147 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29372132 | Total |
| Program Services | 26287228 | ProgramServices |
| Management And General | 2501726 | ManagementAndGeneral |
| Fundraising | 583178 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3207764 | Total |
| Program Services | 2731622 | ProgramServices |
| Management And General | 430014 | ManagementAndGeneral |
| Fundraising | 46128 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3116773 | Total |
| Program Services | 1394666 | ProgramServices |
| Management And General | 1685481 | ManagementAndGeneral |
| Fundraising | 36626 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2055213 | Total |
| Program Services | 1788116 | ProgramServices |
| Management And General | 226464 | ManagementAndGeneral |
| Fundraising | 40633 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97958 | Total |
| Fundraising | 97958 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147434 | Total |
| Management And General | 147434 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5306659 | Total |
| Program Services | 4232925 | ProgramServices |
| Management And General | 964568 | ManagementAndGeneral |
| Fundraising | 109166 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 553207 | Total |
| Program Services | 516358 | ProgramServices |
| Management And General | 35130 | ManagementAndGeneral |
| Fundraising | 1719 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1107694 | Total |
| Program Services | 853228 | ProgramServices |
| Management And General | 213440 | ManagementAndGeneral |
| Fundraising | 41026 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 476294 | Total |
| Program Services | 407009 | ProgramServices |
| Management And General | 66096 | ManagementAndGeneral |
| Fundraising | 3189 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4114032 | Total |
| Program Services | 3516341 | ProgramServices |
| Management And General | 597012 | ManagementAndGeneral |
| Fundraising | 679 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1870321 | Total |
| Program Services | 1802998 | ProgramServices |
| Management And General | 44660 | ManagementAndGeneral |
| Fundraising | 22663 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217103 | Total |
| Program Services | 176959 | ProgramServices |
| Management And General | 40144 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6066001 | Total |
| Program Services | 4944353 | ProgramServices |
| Management And General | 1121648 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 608868 | Total |
| Program Services | 9671 | ProgramServices |
| Management And General | 599197 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUPPLIES | 1805514 | 1358638 | 384576 | 62300 |
| BAD DEBTS | 518365 | 1322 | 517043 | |
| DUES, MEMBERSHIPS & SUB | 287736 | 163088 | 116642 | 8006 |
| INTERNATIONAL PROGRAM E | 224821 | 224821 | ||
| MERCHANT PROCESSING FEE | 129060 | 384 | 128676 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1466641 | Total |
| Program Services | 1222883 | ProgramServices |
| Management And General | 142717 | ManagementAndGeneral |
| Fundraising | 101041 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83701354 | Total |
| Program Services | 71704227 | ProgramServices |
| Management And General | 10842815 | ManagementAndGeneral |
| Fundraising | 1154312 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11069648 | BOY |
| EOY | 12657469 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 888645 | BOY |
| EOY | 637327 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1166429 | BOY |
| EOY | 528031 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3556641 | BOY |
| EOY | 3383917 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 149549562 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 54213256 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92303027 | BOY |
| EOY | 95336306 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62869843 | BOY |
| EOY | 66646339 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3681670 | BOY |
| EOY | 3422067 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175535903 | BOY |
| EOY | 182611456 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4055496 | BOY |
| EOY | 4936924 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6415000 | BOY |
| EOY | 5350000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 842893 | BOY |
| EOY | 784359 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 604461 | BOY |
| EOY | 547608 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18186603 | BOY |
| EOY | 18329090 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30104453 | BOY |
| EOY | 29947981 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78777443 | BOY |
| EOY | 81950769 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9418226 | BOY |
| EOY | 12101381 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57235781 | BOY |
| EOY | 58611325 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145431450 | BOY |
| EOY | 152663475 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175535903 | BOY |
| EOY | 182611456 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 4794241 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2437784 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 30738216 | BeginningOfYearBalance |
| Contributions | 1082102 | Contributions |
| Investment Earnings Or Losses | 3688713 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 203696 | GrantsOrScholarships |
| End Of Year Balance | 35305335 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 27595001 | BeginningOfYearBalance |
| Contributions | 792068 | Contributions |
| Investment Earnings Or Losses | 2377753 | InvestmentEarningsOrLosses |
| Other Expenditures | 26606 | OtherExpenditures |
| End Of Year Balance | 30738216 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 33492524 | BeginningOfYearBalance |
| Contributions | 698731 | Contributions |
| Investment Earnings Or Losses | -5981791 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 614463 | GrantsOrScholarships |
| End Of Year Balance | 27595001 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6058822 | OtherCostOrOtherBasis |
| Book Value | 6058822 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 127424910 | OtherCostOrOtherBasis |
| Depreciation | 45580842 | Depreciation |
| Book Value | 81844068 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 258253 | OtherCostOrOtherBasis |
| Depreciation | 25825 | Depreciation |
| Book Value | 232428 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15060583 | OtherCostOrOtherBasis |
| Depreciation | 8606589 | Depreciation |
| Book Value | 6453994 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 746994 | OtherCostOrOtherBasis |
| Book Value | 746994 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 95336306 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SHORT TERM INVESTMENTS | 4452852 | F |
| EXTERNALLY MANAGED TRUST | 8292396 | F |
| OTHER | 16018577 | F |
| CORPORATE STOCKS AND MUTUAL FUNDS | 16395342 | F |
| REAL ESTATE | 21487172 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 66646339 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| GOVERNMENT ADVANCES-STUDENT LOANS | $2,369,860 |
| DEPOSITS HELD FOR OTHERS | $154,666 |
| OTHER LIABILITIES | $4,208,705 |
| ACCRUED PENSION OBLIGATION | $11,595,859 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 18329090 | TotalOfAmounts |
| Total Revenue | 88495595 | TotalRevenue |
| Total Expenses | 83701354 | TotalExpenses |
| Excess Or Deficit For Year | 4794241 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2697644 | NetUnrealizedGLOnInvestments |
| Other | -$259,860 | OtherAmount |
| Total Adjustments | 2437784 | TotalAdjustments |
| Excess Or Deficit Per FS | 7232025 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 68980770 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2697644 | NetUnrealizedGainsInvestments |
| Other Revenues | -18297575 | OtherRevenues |
| Revenue Not Rptd F990 | -15599931 | RevenueNotRptdF990 |
| Revenue Subtotal | 84580701 | RevenueSubtotal |
| Investment Expenses Not Included | 147434 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 3767460 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3914894 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 88495595 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 65360843 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 104498 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 104498 | ExpensesNotRptdF990 |
| Expenses Subtotal | 65256345 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 147434 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 18297575 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 18445009 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 83701354 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE GORE GALLERY HOUSES BOTH PERMANENT AND ONGOING ART EXHIBITS AND IS OPEN TO UNIVERSITY STUDENTS AND THE PUBLIC. LOCAL ELEMENTARY AND JUNIOR HIGH PUBLIC SCHOOLS ALSO OFTEN VISIT THE GALLERY. THE GALLERY SUPPORTS THE MISSION OF THE UNIVERSITY BY PROVIDING VALUABLE EXPOSURE TO THE ARTS FOR OUR STUDENTS AND WORKING TO PRESERVE THE ARTS FOR FUTURE GENERATIONS. | |
| PART V, LINE 4: | THE COLLEGE'S ENDOWMENT FUNDS ARE HELD IN PERPETUITY IN ORDER TO PROVIDE A LONG TERM SOURCE OF INCOME THAT CAN BE USED TO PROVIDE STUDENT SCHOLARHIPS AND ACADEMIC DEPARTMENTAL SUPPORT. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE UNIVERSITY'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE UNIVERSITY, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF MAY 31, 2011 AND 2010, AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| CHANGE IN ADDITIONAL MINIMUM PENSION LIABILITY -598,592. EQUITY INCOME IN HEALTHPLEX 92,613. CHANGES IN SPLIT INTEREST OBLIGATIONS 246,119. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| TUITION DISCOUNTS SHOWN NET OF TUITION ON FINANCIALS -18,297,575. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| FUNDRAISING EXPENSES SHOWN NET OF REVENUE ON 990 -104,498. OTHER REVENUE SHOWN AS NON-OPERATING REVENUE ON FINANCIALS 747,317. OTHER REVENUE SHOWN AS NON-OPERATING REVENUE ON FINANCIALS 3,124,641. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| FUNDRAISING EXPENSES SHOWN NET OF REVENUE ON 990 104,498. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| TUITION DISCOUNTS SHOWN NET OF TUITION ON FINANCIALS 18,297,575. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE STATEMENT WAS PUBLISHED IN "THE CLARION-LEDGER", A HINDS COUNTY NEWSPAPER ON JUNE 26, 2011. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVES TITLE IV FUNDS FROM THE US DEPARTMENT OF EDUCATION, STATE OF MISSISSIPPI STUDENT GRANTS, AND RESEARCH GRANTS FROM VARIOUS GOVERNMENTAL AGENCIES. ALL ASSISTANCE IS RELATED TO THE STUDENTS OR TO THE FURTHERANCE OF THE EDUCATIONAL MISSION OF THE INSTITUTION. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE | 0 | 0 | PROGRAM SERVICES | EDUCATIONAL CLASSES | 297000 |
| EAST ASIA & THE PACIFIC | 0 | 0 | PROGRAM SERVICES | EDUCATIONAL CLASSES | 50000 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | EDUCATIONAL CLASSES | 30000 |
| CENTRAL AMERICA & THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | EDUCATIONAL CLASSES | 12000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 389000 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 389000 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| GURLEY ALLEGIANT DIRECT | ||||||||
| 278 FRANKLIN ROAD | BRENTWOOD | TN | 37027 | DIRECT MAIL SOLICITATION | 0 | 79655 | 48573 | 31082 |
| GREATER GIVING | ||||||||
| 1920 NW AMBERGLEN PARKWAY STE 140 | BEAVERTON | OR | 97006 | CONSULTING ON MGMT OF SCHOLARSHIPS AUCTION | 0 | 19543 | 3514 | 16029 |
| STELTER COMPANY | ||||||||
| 10435 NEW YORK AVENUE | DES MOINES | IA | 50322 | E-MAIL SOLICITATION | 0 | 0 | 5200 | -5200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 99198 | TotalGrossReceipts |
| Total Retained By Contractors | 57287 | TotalRetainedByContractors |
| Total Net To Organization | 41911 | TotalNetToOrganization |
| Licensed States | MS | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | WILD GAME DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 211500 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 211500 | CharitableContributionsEvent1 |
| Other Direct Expenses Event1 | 3467 | OtherDirectExpensesEvent1 |
| Name Of Event2 | SCHOLARSHIP BANQUET | NameOfEvent2 |
| Gross Receipts Event2 | 289325 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 289325 | CharitableContributionsEvent2 |
| Other Direct Expenses Event2 | 86998 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 53635 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 53635 | CharitableContribOtherEvents |
| Other Direct Expenses Other Events | 14032 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 554460 | GrossReceiptsTotal |
| Charitable Contributions Total | 554460 | CharitableContributionsTotal |
| Other Direct Expenses Total Events | 104497 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 104497 | DirectExpenseSummaryEvents |
| Net Income Summary | -104497 | NetIncomeSummary |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | SCHEDULE G, PART I | ReturnReference |
| Explanation | STELTER COMPANY PROVIDES A WEB-BASED INFORMATION SYSTEM THAT ASSISTS DONORS WITH PLANNED GIVING GIFTS SUCH AS ESTATES AND WILLS. THERE IS NO WAY TO TRACK GIFTS ON AN ANNUAL BASIS FOR THIS SERVICE. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| FELLOWSHIP OF CHRISTIAN ATHLETES | |||||||
| 8701 LEEDS ROAD | KANSAS CITY | MO | 64129 | 440610626 | 501C3 | 43950 | TO SUPPORT ON CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE COLLEGE'S STUDENTS |
| INTERVARSITY CHRISTIAN FELLOWSHIP | |||||||
| 6400 SCHROEDER ROAD | MADISON | WI | 53707 | 362171714 | 501C3 | 38300 | TO SUPPORT ON CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE COLLEGE'S STUDENTS |
| MISSISSIPPI BAPTIST CONVENTION | |||||||
| PO BOX 530 | JACKSON | MS | 39205 | 640334158 | 501C3 | 18500 | TO SUPPORT ON CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE COLLEGE'S STUDENTS |
| MEDICAL MINISTRY INTERNATIONAL | |||||||
| PO BOX 1339 | ALLEN | TX | 75013 | 752601647 | 501C3 | 14510 | TO SUPPORT ON CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE COLLEGE'S STUDENTS |
| HABITAT FOR HUMANITY | |||||||
| PO BOX 55634 | JACKSON | MS | 29296 | 640750633 | 501C3 | 6000 | TO SUPPORT ON CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE COLLEGE'S STUDENTS |
| MISSISSIPPI CENTER FOR JUSTICE | |||||||
| PO BOX 1203 | JACKSON | MS | 39215 | 640563833 | 501C3 | 12500 | TO SUPPORT ON CAMPUS MINISTRY ORGANIZATIONS WORKING WITH THE COLLEGE'S STUDENTS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 6 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TUITION DISCOUNTS/SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 1696 | NumberOfRecipients |
| Amount Of Cash Grant | 16176132 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: MONIES GIVEN TO THESE ORGANIZATIONS ARE FOR THE SUPPORT OF ANOTHER ORGANIZATION THAT THE COLLEGE ADMINISTRATION BELIEVES IS WORTHY OF THEIR SUPPORT. THE USE OF THE FUNDS IS MONITORED IN THAT THE COLLEGE KNOWS THAT THE SPECIFIC INDIVIDUALS WHO WORK FOR THOSE ORGANIZATIONS ARE ON THE COLLEGE'S CAMPUS MINISTERING TO STUDENTS. REGARDING SCHOLARSHIPS, THESE ARE VERY SELDOM PAID IN CASH. THE SCHOLARSHIPS (WITH THE EXCEPTION OF A FEW SMALL HONORS DAY AWARDS) ARE PLACED DIRECTLY ON THE STUDENT'S ACCOUNTS AND THE SCHOLARSHIPS NEVER EXCEED THE TOTAL COSTS CHARGED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR LEE G ROYCE | |||||||||||||
| 214763 | 0 | 20000 | 0 | 82090 | 0 | 47687 | 0 | 9564 | 0 | 374104 | 0 | 0 | 0 |
| DR RONALD HOWARD | |||||||||||||
| 149089 | 0 | 0 | 0 | 0 | 0 | 16091 | 0 | 15066 | 0 | 180246 | 0 | 0 | 0 |
| DR WILLIAM TOWNSEND | |||||||||||||
| 156891 | 0 | 0 | 0 | 2665 | 0 | 16061 | 0 | 6960 | 0 | 182577 | 0 | 0 | 0 |
| MRS DONNA L LEWIS | |||||||||||||
| 119846 | 0 | 0 | 0 | 5519 | 0 | 12151 | 0 | 18404 | 0 | 155920 | 0 | 0 | 0 |
| DR JAMES H ROSENBLATT | |||||||||||||
| 191117 | 0 | 0 | 0 | 2774 | 0 | 15500 | 0 | 2630 | 0 | 212021 | 0 | 0 | 0 |
| DR MARCELO L EDUARDO | |||||||||||||
| 170362 | 0 | 0 | 0 | 0 | 0 | 16123 | 0 | 12023 | 0 | 198508 | 0 | 0 | 0 |
| DR MATTHEW STEFFEY | |||||||||||||
| 169036 | 0 | 2015 | 0 | 0 | 0 | 17631 | 0 | 7896 | 0 | 196578 | 0 | 0 | 0 |
| DR STANLEY BALDWIN | |||||||||||||
| 153250 | 0 | 0 | 0 | 0 | 0 | 14737 | 0 | 6988 | 0 | 174975 | 0 | 0 | 0 |
| DR PATRICIA BENNETT | |||||||||||||
| 151640 | 0 | 7250 | 0 | 0 | 0 | 15036 | 0 | 6554 | 0 | 180480 | 0 | 0 | 0 |
| DR ANGELA KUPENDA | |||||||||||||
| 115412 | 0 | 32250 | 0 | 0 | 0 | 11229 | 0 | 5512 | 0 | 164403 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | $30,000 WAS CONTRIBUTED TO A 457B RETIREMENT PLAN FOR DR. ROYCE. IT WILL NOT BE PAID OUT UNTIL JANUARY 2013. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ROB WARD | |||
| ROY WARD IS MEMBER OF THE BOARD OF DIRECTORS AND ROB IS HIS SON. | 85419 | THE COLLEGE EMPLOYS MR. WARD'S SON AS A FACULTY MEMBER. PAY IS IN LINE WITH NORMAL FACULTY PAY FOR EQUIVALENT EDUCATION AND EXPERIENCE | 0 |
| WATSON QUALITY FORD | |||
| ROBERT WATSON, MEMBER OF THE BOARD, IS OWNER | 10477 | THE COLLEGE PURCHASED A VEHICLE FROM A CAR DEALERSHIP OWNED BY MR WATSON. THE VEHICLE WAS PURCHASED IN AN ARM'S LENGTH TRANSACTION IN THE NORMAL COURSE OF BUSINESS. | 0 |
| RHODA ROYCE | |||
| RHODA ROYCE IS THE SPOUSE OF LEE ROYCE, PRESIDENT. | 10000 | THE UNIVERSITY EMPLOYS DR. ROYCE'S SPOUSE AS AN ADJUNCT FACULTY MEMBER. PAY IS IN LINE WITH NORMAL FACULTY PAY FOR EQUIVALENT EDUCATION, EXPERIENCE AND DUTIES. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 217983 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE MISSISSIPPI BAPTIST CONVENTION SHALL ANNUALLY ELECT THE TRUSTEES BY VOTE OF THE MESSENGERS AT THE ANNUAL CONVENTION OF THAT BODY HELD IMMEDIATELY PRIOR TO THE COMMENCEMENT OF SUCH TERMS OF OFFICE. THE TRUSTEES SHALL BE ELECTED FROM NOMINEES JOINTLY APPROVED BY THE RESOLUTION OF THE BOARD OF TRUSTEES (ACTING AS A BOARD OR THROUGH A COMMITTEE SPECIFICALLY AUTHORIZED TO ACT ON BEHALF OF THE BOARD) AND BY THE NOMINATING COMMITTEE OF THE MISSISSIPPI BAPTIST CONVENTION (OR BY SUCH OTHER COMMITTEE AS MAY BE FROM TIME TO TIME DESIGNATED BY THE CONVENTION). NO PERSON SHALL BE ELIGIBLE FOR ELECTION AS A TRUSTEE BY THE CONVENTION WHO HAS NOT BEEN JOINTLY APPROVED BY THE BOARD OF TRUSTEES AND THE NOMINATING COMMITTEE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURNS ARE REVIEWED BY THE CONTROLLER AND THE CFO. COPIES OF THE 990 TAX RETURN ARE DISTRIBUTED TO THE COLLEGE'S AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING THE RETURNS. THE 990 IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES FOR INSPECTION. | |
| EACH NEW BOARD MEMBER, OFFICER OR KEY EMPLOYEE IS REQUIRED TO SIGN A STATEMENT INDICATING THAT HE/SHE HAS READ THE COLLEGE'S CONFLICT OF INTEREST POLICY AND DISCLOSED ALL POSSIBLE CONFLICTS. THESE STATEMENTS ARE THEN REVIEWED BY THE AUDIT COMMITTEE. DURING THE YEAR, IF THE AUDIT COMMITTEE DETERMINES THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST, THE CONFLICT IS DISCLOSED TO THE FULL BOARD AND THE SPECIFIC MEMBER WITH THE CONFLICT IS REQUIRED TO RECUSE HIM/HERSELF FROM ANY DECISION MAKING INVOLVEMENT RELATED TO THE ISSUE. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD'S EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIRMAN OF ALL BOARD COMMITTEES. THE EXECUTIVE COMMITTEE USES DATA FROM COMPARABLE UNIVERSITIES TO DETERMINE COMPENSATION. THE PRESIDENT HAS A WRITTEN CONTRACT COVERING ALL FORMS OF COMPENSATION. COMPENSATION FOR OTHER TOP MANAGEMENT OFFICIALS, OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. SALARY DATA FROM OTHER LIKE SIZE INSTITUTIONS IS USED FOR COMPARISON IN DETERMINING SALARY LEVELS. ALL OFFICERS AND KEY EMPLOYEES' SALARIES ARE INCLUDED IN THE UNIVERSITY BUDGET WHICH IS APPROVED BY THE BOARD OF TRUSTEES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 2,697,644. CHANGE IN ADDITIONAL MINIMUM PENSION LIABILITY -598,592. EQUITY INCOME IN HEALTHPLEX 92,613. CHANGES IN SPLIT INTEREST OBLIGATIONS 246,119. TOTAL TO FORM 990, PART XI, LINE 5: 2,437,784. | FORM 990, PART XI, LINE 5: |
| AUDIT COMMITTEE | THE AUDIT COMMITTEE SHALL ANNUALLY RECOMMEND TO THE BOARD OF TRUSTEES A FIRM OF ACCOUNTANTS TO AUDIT THE FINANCIAL RECORDS OF THE COLLEGE, SHALL MEET WITH THE AUDITORS SELECTED BY THE BOARD OF TRUSTEES TO REVIEW THE AUDIT REPORT, SHALL OVERSEE DISTRIBUTION OF THAT REPORT TO THE FULL BOARD, SHALL OVERSEE AND RECEIVE REPORTS FROM INTERNAL AUDIT PERSONNEL OF THE COLLEGE AND SHALL REPORT TO AND ADVISE THE BOARD OF TRUSTEES WITH RESPECT TO ALL MATTERS RELATING HERETO. THE EXTERNAL AUDITORS WILL REPORT DIRECTLY TO THE AUDIT COMMITTEE OF THE BOARD. MEMBERS OF THE AUDIT COMMITTEE MAY NOT SERVE CONCURRENTLY ON THE BUSINESS AFFAIRS COMMITTEE. | FORM 990, PART XI, LINE 2C |
| MISSISSIPPI COLLEGE IS AN INVESTOR IN ONE OR MORE "PASSIVE FOREIGN INVESTMENT COMPANIES" ("PFICS"). THE COLLEGE IS AN INVESTOR IN POINTER OFFSHORE, LTD., LOCATED IN THE CAYMAN ISLANDS, AND IRONWOOD INTERNATIONAL, ALSO LOCATED IN THE CAYMAN ISLANDS. THEY RECEIVED NO TAXABLE DISTRIBUTIONS FROM EITHER OF THE ABOVE FUNDS DURING FISCAL YEAR 2010. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG SEC 1.1291-1(E). | PASSIVE FOREIGN INVESTMENTS: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| MISSISSIPPI COLLEGE FOUNDATION | ||||||||||
| PO BOX 4005 | CLINTON | MS | 39058 | 200058235 | SUPPORTING ORGANIZATION | MS | 501C3 | 7 | MISSISSIPPI COLLEGE | 0 |
| THE BAPTIST HEALTHPLEX INC | ||||||||||
| 102 NEW PROSPECT STREET | CLINTON | MS | 39058 | 640900902 | SUPPORTING ORGANIZATION; HEALTH & FITNESS | MS | 501C3 | 9 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BAPTIST HEALTHPLEX INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | I | TransactionType |
| Amount Involved | 915993 | AmountInvolved |
| Method Of Amt Determination | FAIR MARKET VALUE | MethodOfAmtDetermination |