Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $510,936

• 1d · Related organizations

  $1,118,824

• 1e · Government grants (contributions)

  $660,882

• 1f · All other contributions, gifts and grants

  $5,455,300

• 1g · Noncash contributions included above

  $131,567

• 2a · Program service revenue: TUITION

  total $35,542,236 · related or exempt $35,542,236

• 2b · Program service revenue: RESIDENCE HALLS

  total $1,589,441 · related or exempt $1,589,441

• 2c · Program service revenue: CAFETERIA

  total $1,610,948 · related or exempt $1,610,948

• 2d · Program service revenue: ST. MARY CENTER

  total $45,548 · related or exempt $45,548

• 2f · All other program service revenue

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

• 3 · Investment income

  total $1,451,006 · excluded $1,451,006

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $21,173,242 · other assets $10,567

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

  securities $16,023,466 · other assets $11,799

• 7c · Gain or loss

  securities $5,149,776 · other assets -$1,232

• 7d · Net gain or loss

  total $5,148,544 · excluded $5,148,544

• 8a · Fundraising events: gross income

  $121,013

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

  $510,936

• 8b · Fundraising events: direct expenses

  $96,207

• 8c · Net income from fundraising events

  total $24,806 · excluded $24,806

• 10a · Gross sales of inventory

  $150,940

• 10b · Cost of goods sold

  $79,493

• 10c · Net income from sales of inventory

  total $71,447 · related or exempt $71,447

• 11d · All other revenue

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

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $16,407,477 · program services $16,407,477

• 5 · Compensation of officers, directors and key employees

  total $856,429 · management and general $856,429

• 7 · Other salaries and wages

  total $13,564,848 · program services $11,516,178 · management and general $1,274,424 · fundraising $774,246

• 8 · Pension plan contributions

  total $250,483 · program services $230,381 · management and general $4,400 · fundraising $15,702

• 9 · Other employee benefits

  total $1,830,926 · program services $1,676,725 · management and general $26,704 · fundraising $127,497

• 10 · Payroll taxes

  total $998,900 · program services $824,443 · management and general $117,067 · fundraising $57,390

• 11b · Fees: legal

  total $76,524 · management and general $76,524

• 11c · Fees: accounting

  total $93,088 · management and general $93,088

• 11f · Fees: investment management

  total $54,208 · management and general $54,208

• 11g · Fees: other

  total $1,237,215 · program services $510,060 · management and general $622,862 · fundraising $104,293

• 12 · Advertising and promotion

  total $615,426 · program services $4,015 · management and general $444 · fundraising $610,967

• 13 · Office expenses

  total $2,525,716 · program services $2,256,413 · management and general $164,095 · fundraising $105,208

• 14 · Information technology

  total $22,164 · program services $22,164

• 16 · Occupancy

  total $1,195,116 · program services $1,166,205 · management and general $28,911

• 17 · Travel

  total $719,691 · program services $719,691

• 20 · Interest

  total $86,613 · management and general $86,613

• 22 · Depreciation, depletion and amortization

  total $2,108,363 · program services $2,058,870 · management and general $48,769 · fundraising $724

• 23 · Insurance

  total $476,582 · program services $405,781 · management and general $70,801

• 24a · Other expenses: STUDENT BOARD

  total $1,197,276 · program services $1,197,276

• 24b · Other expenses: EDUCATIONAL MATERIALS

  total $457,175 · program services $457,175

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $521,761 · program services $361,468 · management and general $105,089 · fundraising $55,204

• 24d · Other expenses: BAD DEBT EXPENSE

  total $141,059 · program services $141,059

• 24e · All other expenses

  total $524,651 · program services $435,008 · management and general $24,391 · fundraising $65,252

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,741,343 · end of year $1,242,682

• 2 · Savings and temporary cash investments

  beginning of year $11,503,092 · end of year $10,837,101

• 3 · Pledges and grants receivable

  beginning of year $825,036 · end of year $1,033,624

• 4 · Accounts receivable

  beginning of year $863,258 · end of year $749,303

• 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

• 8 · Inventories for sale or use

  beginning of year $72,348 · end of year $82,160

• 9 · Prepaid expenses and deferred charges

  beginning of year $459,137 · end of year $591,380

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

  $72,030,598

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

  $44,673,889

• 10c · Land, buildings and equipment, net

  beginning of year $24,510,138 · end of year $27,356,709

• 11 · Investments: publicly traded securities

  beginning of year $20,225,102 · end of year $23,331,711

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $172,811 · end of year $127,087

• 15 · Other assets

  beginning of year $7,537,072 · end of year $7,560,303

• 17 · Accounts payable and accrued expenses

  beginning of year $1,271,941 · end of year $2,279,691

• 19 · Deferred revenue

  beginning of year $1,671,313 · end of year $1,694,116

• 20 · Tax-exempt bond liabilities

  beginning of year $3,225,000 · end of year $3,010,000

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $1,200,000 · end of year $1,200,000

• 25 · Other liabilities

  beginning of year $1,584,221 · end of year $1,350,854

• 27 · Net assets without donor restrictions

  beginning of year $32,948,006 · end of year $32,219,078

• 28 · Net assets with donor restrictions

  beginning of year $26,008,856 · end of year $31,158,321

The filer's explanations (Part III)

Schedule J, Part I, Line 3 COMPENSATION OF THE ORGANIZATION'S PRESIDENT

THE COMPENSATION PAID TO THE PRESIDENT IS PAID TO HER RELIGIOUS ORDER.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SPIRES TRADING TEAM LLC

  INVESTMENT ED · KS · income $249,826 · assets $1,795,504

  Directly controlled by UNIV ST MARY