Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $24,250

• 1f · All other contributions, gifts and grants

  $2,152,080

• 1g · Noncash contributions included above

  $14,635

• 2a · Program service revenue: MEMBERSHIP

  total $290,567 · related or exempt $290,567

• 2b · Program service revenue: FEES & REIMBURSEMENTS

  total $286,018 · related or exempt $286,018

• 2c · Program service revenue: EXCHANGE REVENUE

  total $156,602 · related or exempt $156,602

• 3 · Investment income

  total $1,484,839 · unrelated business $189,910 · excluded $1,294,929

• 5 · Royalties

  total $13,522 · excluded $13,522

• 7a · Gross sales of assets other than inventory

  securities $10,130,499

• 7b · Less cost or other basis and sales expenses

  securities $10,212,099

• 7c · Gain or loss

  securities -$81,600

• 7d · Net gain or loss

  total -$81,600 · excluded -$81,600

• 8a · Fundraising events: gross income

  $60,609

• 8a · Fundraising events: contributions included on line 1c

  $24,250

• 8b · Fundraising events: direct expenses

  $199,724

• 8c · Net income from fundraising events

  total -$139,115 · unrelated business $1,680 · excluded -$140,795

• 10a · Gross sales of inventory

  $5,993

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $5,993 · excluded $5,993

• 11a · Other revenue: ADVERTISING

  total $351,054 · unrelated business $351,054

• 11e · Other revenue, total

  $351,054

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,070,971 · program services $4,070,971

• 2 · Grants to domestic individuals

  total $984,772 · program services $984,772

• 7 · Other salaries and wages

  total $201,279 · management and general $134,857 · fundraising $66,422

• 8 · Pension plan contributions

  total $51,303 · management and general $30,782 · fundraising $20,521

• 9 · Other employee benefits

  total $36,519 · management and general $20,833 · fundraising $15,686

• 10 · Payroll taxes

  total $15,398 · management and general $10,317 · fundraising $5,081

• 11c · Fees: accounting

  total $22,050 · management and general $22,050

• 11e · Fees: professional fundraising services

  total $200 · fundraising $200

• 11f · Fees: investment management

  total $133,925 · management and general $133,925

• 13 · Office expenses

  total $98,508 · management and general $95,316 · fundraising $3,192

• 22 · Depreciation, depletion and amortization

  total $1,032 · management and general $1,032

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $834,091 · end of year $1,006,215

• 2 · Savings and temporary cash investments

  beginning of year $1,477,395 · end of year $1,278,756

• 3 · Pledges and grants receivable

  beginning of year $557,920 · end of year $1,155,566

• 4 · Accounts receivable

  beginning of year $58,374 · end of year $76,934

• 7 · Other notes and loans receivable

  beginning of year $11,747 · end of year $3,741

• 9 · Prepaid expenses and deferred charges

  beginning of year $7,905 · end of year $14,128

• 10a · Land, buildings and equipment: cost or other basis

  $120,948

• 10b · Land, buildings and equipment: accumulated depreciation

  $17,831

• 10c · Land, buildings and equipment, net

  beginning of year $101,707 · end of year $103,117

• 11 · Investments: publicly traded securities

  beginning of year $43,027,535 · end of year $44,539,304

• 12 · Investments: other securities

  beginning of year $1,169,426 · end of year $1,177,736

• 15 · Other assets

  beginning of year $5,613,236 · end of year $5,672,605

• 17 · Accounts payable and accrued expenses

  beginning of year $792,912 · end of year $1,287,871

• 19 · Deferred revenue

  beginning of year $135,259 · end of year $164,262

• 27 · Net assets without donor restrictions

  beginning of year $4,201,880 · end of year $4,602,485

• 28 · Net assets with donor restrictions

  beginning of year $47,729,285 · end of year $48,973,484

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS A PAID AND APPROVED BY MISSOURI WESTERN STATE UNIVERSITY, A RELATED PARTY. MISSOURI WESTERN STATE UNIVERSITY BASES THE SALARY ON CURRENT MARKET CONDITIONS, AND WRITTEN EMPLOYMENT CONTRACTS, WHICH ARE REVIEWED BY HUMAN RESOURCES AT MISSOURI WESTERN STATE UNIVERSITY ON AN ANNUAL BASIS. THIS REVIEW INCLUDES, BUT IS NOT LIMITED TO ESTABLISHED UNIVERSITY PAY CLASSIFICATIONS AND SALARY RANGES.