Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $44,280

• 1e · Government grants (contributions)

  $574,048

• 1f · All other contributions, gifts and grants

  $9,230,238

• 1g · Noncash contributions included above

  $1,838,085

• 2a · Program service revenue: Student Tuition and Fees

  total $62,112,453 · related or exempt $62,112,453

• 2b · Program service revenue: Auxiliary Enterprises

  total $10,017,546 · related or exempt $10,017,546

• 2c · Program service revenue: Other Program Revenue

  total $1,364,315 · related or exempt $1,364,315

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $5,327,460 · unrelated business -$26,299 · excluded $5,353,759

• 6a · Gross rents

  real property $38,631

• 6c · Rental income or loss

  real property $38,631 · personal property $0

• 6d · Net rental income or loss

  total $38,631 · excluded $38,631

• 7a · Gross sales of assets other than inventory

  securities $31,729,431

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

  securities $32,009,009

• 7c · Gain or loss

  securities -$279,578 · other assets $0

• 7d · Net gain or loss

  total -$279,578 · excluded -$279,578

• 8a · Fundraising events: gross income

  $28,105

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

  $44,280

• 8b · Fundraising events: direct expenses

  $33,620

• 8c · Net income from fundraising events

  total -$5,515 · excluded -$5,515

• 11a · Other revenue: INVOLUNTARY CONVERSION GAIN

  total $2,179,043 · excluded $2,179,043

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $2,179,043

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $33,889,661 · program services $33,889,661

• 5 · Compensation of officers, directors and key employees

  total $1,397,368 · program services $644,223 · management and general $753,145

• 7 · Other salaries and wages

  total $24,324,961 · program services $20,917,442 · management and general $2,260,722 · fundraising $1,146,797

• 8 · Pension plan contributions

  total $534,136 · program services $463,687 · management and general $44,757 · fundraising $25,692

• 9 · Other employee benefits

  total $2,101,048 · program services $1,822,339 · management and general $177,919 · fundraising $100,790

• 10 · Payroll taxes

  total $1,732,033 · program services $1,456,580 · management and general $197,683 · fundraising $77,770

• 11a · Fees: management

  total $231,003 · management and general $231,003

• 11b · Fees: legal

  total $220,292 · management and general $220,292

• 11e · Fees: professional fundraising services

  total $123,799 · fundraising $123,799

• 11g · Fees: other

  total $1,719,535 · program services $1,533,332 · management and general $186,203 · fundraising $0

• 12 · Advertising and promotion

  total $503,041 · program services $124,615 · management and general $359,930 · fundraising $18,496

• 13 · Office expenses

  total $3,412,539 · program services $1,614,848 · management and general $1,769,402 · fundraising $28,289

• 14 · Information technology

  total $1,382,092 · program services $185,551 · management and general $1,196,541

• 16 · Occupancy

  total $3,454,558 · program services $829,613 · management and general $2,623,885 · fundraising $1,060

• 17 · Travel

  total $2,561,620 · program services $2,430,925 · management and general $68,366 · fundraising $62,329

• 20 · Interest

  total $1,345,666 · management and general $1,345,666

• 22 · Depreciation, depletion and amortization

  total $6,439,361 · program services $5,451,427 · management and general $987,934

• 23 · Insurance

  total $1,452,352 · program services $260,350 · management and general $1,192,002

• 24a · Other expenses: AUXILIARY

  total $2,482,089 · program services $2,482,089 · management and general $0 · fundraising $0

• 24b · Other expenses: EQUIPMENT, REPAIRS/MAINTENANCE

  total $736,794 · program services $724,111 · management and general $12,560 · fundraising $123

• 24c · Other expenses: PROFESSIONAL DEVELOPMENT

  total $161,115 · program services $147,983 · management and general $13,132 · fundraising $0

• 24d · Other expenses: BAD DEBT

  total $37,558 · program services $0 · management and general $37,558 · fundraising $0

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,594,080 · end of year $5,214,561

• 2 · Savings and temporary cash investments

  beginning of year $14,376,919 · end of year $17,352,245

• 3 · Pledges and grants receivable

  beginning of year $7,232,371 · end of year $5,538,383

• 4 · Accounts receivable

  beginning of year $229,832 · end of year $148,401

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $114,024 · end of year $78,007

• 8 · Inventories for sale or use

  beginning of year $176,283 · end of year $153,878

• 9 · Prepaid expenses and deferred charges

  beginning of year $880,409 · end of year $1,085,421

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

  $188,373,616

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

  $93,538,981

• 10c · Land, buildings and equipment, net

  beginning of year $93,708,599 · end of year $94,834,635

• 11 · Investments: publicly traded securities

  beginning of year $22,455,050 · end of year $20,211,355

• 12 · Investments: other securities

  beginning of year $44,001,177 · end of year $40,387,995

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $18,383,122 · end of year $20,241,943

• 17 · Accounts payable and accrued expenses

  beginning of year $4,374,094 · end of year $3,973,609

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $3,817,753 · end of year $3,579,467

• 20 · Tax-exempt bond liabilities

  beginning of year $25,088,981 · end of year $24,109,135

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $14,919,303 · end of year $18,864,675

• 24 · Unsecured notes and loans payable

  beginning of year $448,333 · end of year $412,935

• 25 · Other liabilities

  beginning of year $6,721,379 · end of year $5,750,896

• 27 · Net assets without donor restrictions

  beginning of year $63,481,786 · end of year $65,250,245

• 28 · Net assets with donor restrictions

  beginning of year $84,300,237 · end of year $83,305,862

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use

The President of Drury University resides in housing owned by Drury University.