Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,298,558

• 1f · All other contributions, gifts and grants

  $13,114,554

• 1g · Noncash contributions included above

  $5,205,964

• 2a · Program service revenue: TUITION AND FEES

  total $114,663,200 · related or exempt $114,663,200

• 2b · Program service revenue: AUXILIARY SERVICES

  total $13,106,526 · related or exempt $13,024,121 · unrelated business $82,405

• 2c · Program service revenue: UNIVERSITY CAMPUSES

  total $2,217,380 · related or exempt $2,217,380

• 2d · Program service revenue: TICKET SALES

  total $884,649 · related or exempt $884,649

• 2e · Program service revenue: STUDENT SERVICE COMMISSIONS

  total $178,663 · related or exempt $178,663

• 3 · Investment income

  total $1,495,195 · excluded $1,495,195

• 7a · Gross sales of assets other than inventory

  securities $28,451,646 · other assets $284,304

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

  securities $25,451,285 · other assets $1,079,743

• 7c · Gain or loss

  securities $3,000,361 · other assets -$795,439

• 7d · Net gain or loss

  total $2,204,922 · excluded $2,204,922

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $31,135,866 · program services $31,135,866

• 5 · Compensation of officers, directors and key employees

  total $2,374,690 · program services $1,202,777 · management and general $761,570 · fundraising $410,343

• 7 · Other salaries and wages

  total $52,441,335 · program services $45,444,651 · management and general $6,124,575 · fundraising $872,109

• 8 · Pension plan contributions

  total $2,371,153 · program services $1,882,097 · management and general $461,366 · fundraising $27,690

• 9 · Other employee benefits

  total $6,381,450 · program services $5,217,732 · management and general $1,047,040 · fundraising $116,678

• 10 · Payroll taxes

  total $3,544,528 · program services $2,995,821 · management and general $462,681 · fundraising $86,026

• 11b · Fees: legal

  total $146,435 · management and general $146,435

• 11c · Fees: accounting

  total $93,119 · management and general $93,119

• 11d · Fees: lobbying

  total $4,054 · management and general $4,054

• 12 · Advertising and promotion

  total $366,571 · program services $101,614 · management and general $259,457 · fundraising $5,500

• 13 · Office expenses

  total $3,120,573 · program services $2,708,678 · management and general $397,659 · fundraising $14,236

• 16 · Occupancy

  total $8,447,224 · program services $7,778,351 · management and general $666,829 · fundraising $2,044

• 17 · Travel

  total $3,379,331 · program services $3,244,072 · management and general $125,955 · fundraising $9,304

• 20 · Interest

  total $2,815,975 · program services $2,712,723 · management and general $103,252

• 22 · Depreciation, depletion and amortization

  total $9,000,549 · program services $8,161,582 · management and general $838,967

• 23 · Insurance

  total $1,138,313 · program services $399,405 · management and general $738,908

• 24a · Other expenses: MEALS/ROOM CHARGE

  total $5,050,850 · program services $4,895,325 · management and general $136,184 · fundraising $19,341

• 24b · Other expenses: CONTRACT SERVICES

  total $4,112,291 · program services $3,545,382 · management and general $565,654 · fundraising $1,255

• 24c · Other expenses: SOFTWARE AND TECHNOLOGY

  total $2,830,672 · program services $1,549,868 · management and general $1,280,804

• 24d · Other expenses: DUPLICATING, PRINTING,

  total $1,592,276 · program services $1,467,234 · management and general $95,231 · fundraising $29,811

• 24e · All other expenses

  total $3,876,080 · program services $1,716,435 · management and general $2,118,535 · fundraising $41,110

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,550 · end of year $3,450

• 2 · Savings and temporary cash investments

  beginning of year $25,632,924 · end of year $13,107,174

• 3 · Pledges and grants receivable

  beginning of year $1,844,233 · end of year $5,158,554

• 4 · Accounts receivable

  beginning of year $1,913,614 · end of year $2,437,192

• 7 · Other notes and loans receivable

  beginning of year $2,812,929 · end of year $2,060,167

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,253,986 · end of year $2,715,661

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

  $288,824,568

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

  $111,310,472

• 10c · Land, buildings and equipment, net

  beginning of year $172,788,706 · end of year $177,514,096

• 11 · Investments: publicly traded securities

  beginning of year $59,649,277 · end of year $63,745,331

• 12 · Investments: other securities

  beginning of year $10,707,782 · end of year $12,475,371

• 13 · Investments: program-related

  beginning of year $1,735,763 · end of year $2,761,556

• 15 · Other assets

  beginning of year $2,393,742 · end of year $16,703,421

• 17 · Accounts payable and accrued expenses

  beginning of year $10,154,060 · end of year $6,951,134

• 18 · Grants payable

  beginning of year $2,563,139 · end of year $1,991,424

• 19 · Deferred revenue

  beginning of year $5,175,645 · end of year $5,603,527

• 20 · Tax-exempt bond liabilities

  beginning of year $78,171,371 · end of year $83,898,034

• 23 · Secured mortgages and notes payable

  beginning of year $7,102,062 · end of year $3,946,269

• 25 · Other liabilities

  beginning of year $1,362,520 · end of year $6,652,349

• 27 · Net assets without donor restrictions

  beginning of year $110,836,906 · end of year $114,721,579

• 28 · Net assets with donor restrictions

  beginning of year $66,371,803 · end of year $74,917,657

The filer's explanations (Part III)

PART I, LINE 1A

THE UNIVERSITY PROVIDES A HOUSING ALLOWANCE, CAR OR MILEAGE ALLWOANCE, AND SOCIAL CLUB DUES TO OFFICERS AND KEY EMPLOYEES. THE AMOUNT PROVIDED IS INCLUDED IN THEIR TAXABLE WAGES.