Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $17,700,849

• 1g · Noncash contributions included above

  $2,902,505

• 2a · Program service revenue: UNIVERSITY DEPARTMENT

  total $41,654 · related or exempt $41,654

• 3 · Investment income

  total $1,371,390 · unrelated business -$185 · excluded $1,371,575

• 6a · Gross rents

  real property $450,009

• 6b · Less rental expenses

  real property $8,274

• 6c · Rental income or loss

  real property $441,735

• 6d · Net rental income or loss

  total $441,735 · excluded $441,735

• 7a · Gross sales of assets other than inventory

  securities $30,708,430

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

  securities $27,393,234

• 7c · Gain or loss

  securities $3,315,196

• 7d · Net gain or loss

  total $3,315,196 · excluded $3,315,196

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,916,054 · program services $7,916,054

• 5 · Compensation of officers, directors and key employees

  total $175,925 · management and general $136,164 · fundraising $39,761

• 7 · Other salaries and wages

  total $471,740 · management and general $471,740

• 8 · Pension plan contributions

  total $109,670 · management and general $109,670

• 11b · Fees: legal

  total $31,269 · management and general $31,269

• 11c · Fees: accounting

  total $49,934 · management and general $49,934

• 11f · Fees: investment management

  total $120,267 · management and general $120,267

• 12 · Advertising and promotion

  total $47,663 · management and general $47,663

• 13 · Office expenses

  total $54,485 · management and general $54,485

• 14 · Information technology

  total $18,835 · management and general $18,835

• 16 · Occupancy

  total $33,858 · management and general $33,858

• 19 · Conferences, conventions and meetings

  total $34,237 · management and general $34,237

• 22 · Depreciation, depletion and amortization

  total $88,200 · management and general $88,200

• 23 · Insurance

  total $41,176 · management and general $41,176

• 24a · Other expenses: DISCRETIONARY EXPENSES

  total $75,948 · management and general $75,948

• 24b · Other expenses: MISC EXPENSE

  total $54,539 · management and general $54,539

• 24c · Other expenses: UNCOLLECTIBLE PLEDGE LO

  total $16,499 · management and general $16,499

• 24d · Other expenses: SPECIAL EVENT EXPENSE

  total $11,948 · fundraising $11,948

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,672,559 · end of year $3,686,548

• 2 · Savings and temporary cash investments

  beginning of year $4,323,191 · end of year $4,512,729

• 3 · Pledges and grants receivable

  beginning of year $6,897,724 · end of year $8,579,738

• 4 · Accounts receivable

  beginning of year $3,423 · end of year $81,042

• 9 · Prepaid expenses and deferred charges

  beginning of year $13,680 · end of year $208,165

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

  $5,767,576

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

  $627,820

• 10c · Land, buildings and equipment, net

  beginning of year $5,223,956 · end of year $5,139,756

• 11 · Investments: publicly traded securities

  beginning of year $38,411,148 · end of year $48,229,062

• 12 · Investments: other securities

  beginning of year $1,331,317 · end of year $1,791,086

• 15 · Other assets

  beginning of year $1,073,356 · end of year $1,074,017

• 17 · Accounts payable and accrued expenses

  beginning of year $1,130,801 · end of year $1,917,593

• 19 · Deferred revenue

  beginning of year $1,058,241 · end of year $1,058,241

• 21 · Escrow or custodial account liability

  beginning of year $240,477 · end of year $267,346

• 25 · Other liabilities

  beginning of year $170,867 · end of year $166,217

• 27 · Net assets without donor restrictions

  beginning of year $9,255,372 · end of year $10,331,187

• 28 · Net assets with donor restrictions

  beginning of year $47,094,596 · end of year $59,561,559

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE COMMITTEE IN CONJUNCTION WITH THE PRESIDENT OF THE UNIVERSITY WHICH THE FOUNDATION SUPPORTS COLLECTIVELY DETERMINE THE CEO'S COMPENSATION UTILIZING ROBUST COMPARABLE DATA BENCHMARKED AND UTILIZED BY THE UNIVERSITY'S HUMAN RESOURCE DEPARTMENT. THE CEO IN CONJUNCTION WITH THE UNIVERSITY'S HUMAN RESOURCE DEPARTMENT DETERMINE THE COMPENSATION FOR KEY EMPLOYEES. BOTH PROCESSES WERE LAST REVIEWED AND APPROVED IN 2025.

FORM 990, SCHEDULE J, PART III:

ALL OFFICERS ARE COMPENSATED FOR THEIR SERVICES BY METROPOLITAN STATE UNIVERSITY OF DENVER, AN UNRELATED ORGANIZATION.

Disregarded entities

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

• 965 SANTA FE LLC

  RENT THE CENTER FOR VISUAL ARTS TO THE METROPOLITAN STATE UNIVERSITY · CO · income $162,735 · assets $3,413,211

  Directly controlled by METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC

• 800 KALAMATH STREET LLC

  RENT THE PROPERTY TO THE METROPOLITAN STATE UNIVERSITY. · CO · income $287,274 · assets $4,326,188

  Directly controlled by METROPOLITAN STATE UNIVERSITY OF DENVER FOUNDATION INC