Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $14,918,482

• 1g · Noncash contributions included above

  $65,478

• 3 · Investment income

  total $2,002,929 · excluded $2,002,929

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $313,997

• 6b · Less rental expenses

  real property $146,920

• 6c · Rental income or loss

  real property $167,077

• 6d · Net rental income or loss

  total $167,077 · excluded $167,077

• 7a · Gross sales of assets other than inventory

  securities $26,632,327

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

  securities $25,062,297

• 7c · Gain or loss

  securities $1,570,030

• 7d · Net gain or loss

  total $1,570,030 · excluded $1,570,030

• 8c · Net income from fundraising events

  total $0

• 9c · Net income from gaming

  total $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: ADMINISTRATION

  total $709,916 · related or exempt $709,916

• 11b · Other revenue: MISCELLANEOUS

  total $483,880 · related or exempt $483,880

• 11e · Other revenue, total

  $1,193,796

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $377,098 · management and general $188,549 · fundraising $188,549

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $2,199,041 · program services $266,627 · management and general $676,216 · fundraising $1,256,198

• 8 · Pension plan contributions

  total $202,232 · program services $25,510 · management and general $51,723 · fundraising $124,999

• 9 · Other employee benefits

  total $440,292 · program services $46,535 · management and general $168,572 · fundraising $225,185

• 10 · Payroll taxes

  total $181,156 · program services $21,318 · management and general $57,677 · fundraising $102,161

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $0

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $724,763 · program services $724,763

• 11g · Fees: other

  total $0

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $0

• 14 · Information technology

  total $252,045 · management and general $104,529 · fundraising $147,516

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $88,036 · management and general $37,604 · fundraising $50,432

• 17 · Travel

  total $426,730 · program services $150,227 · management and general $25,061 · fundraising $251,442

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $7,591 · management and general $3,578 · fundraising $4,013

• 23 · Insurance

  total $0

• 24a · Other expenses: UNIVERSITY SUPPORT

  total $18,886,185 · program services $18,886,185

• 24b · Other expenses: Printing and Publications

  total $174,294 · program services $73,224 · fundraising $101,070

• 24c · Other expenses: Professional Fees

  total $170,275 · management and general $106,466 · fundraising $63,809

• 24d · Other expenses: MISCELLANEOUS EXPENSES

  total $109,187 · management and general $109,187

• 24e · All other expenses

  total $70,692 · management and general $14,294 · fundraising $56,398

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,158,806 · end of year $4,528,209

• 2 · Savings and temporary cash investments

  end of year $0

• 3 · Pledges and grants receivable

  beginning of year $18,618,566 · end of year $23,601,081

• 4 · Accounts receivable

  end of year $0

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $33,793 · end of year $20,239

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

  $3,473,395

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

  $763,025

• 10c · Land, buildings and equipment, net

  beginning of year $2,748,900 · end of year $2,710,370

• 11 · Investments: publicly traded securities

  beginning of year $142,956,078 · end of year $145,558,615

• 12 · Investments: other securities

  beginning of year $27,598,582 · end of year $31,213,642

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  beginning of year $13,935,114 · end of year $11,130,145

• 17 · Accounts payable and accrued expenses

  beginning of year $485,604 · end of year $460,860

• 21 · Escrow or custodial account liability

  beginning of year $36,941,114 · end of year $38,402,301

• 25 · Other liabilities

  beginning of year $402,493 · end of year $323,140

• 27 · Net assets without donor restrictions

  beginning of year $14,799,272 · end of year $14,966,959

• 28 · Net assets with donor restrictions

  beginning of year $159,421,356 · end of year $164,609,041

The filer's explanations (Part III)

Part I, Line 1a: Relevant information in regards to selections on 1a.

The President receives a membership to the Topeka Country Club.

Disregarded entities

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

• IMPACT ASSET MANAGEMENT LLC

  REAL ESTATE RENTAL · KS · income $313,997 · assets $3,640,419

  Directly controlled by Washburn University Foundation