University Of Kansas Memorial
- Assets
- $26.9m
- Revenue
- $29.2m
- Investments
- $0.0
- Employees
- 1,147
- Location
- Lawrence, KS
- Founding
- 05/2018
- Data as of
- 06/2020
- EIN
- 48-6033927
Organization Overview
University Of Kansas Memorial is located in Lawrence, KS. The organization was established in 2018. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, University Of Kansas Memorial employed 1,147 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Kansas Memorial is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, University Of Kansas Memorial generated $29.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $37.1m during the year ending 06/2020. While expenses have increased by 8.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MEMORIAL UNIONS FUNCTION AS A CONCESSIONAIRE TO THE UNIVERSITY OF KANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD SERVICE/RESIDENTIAL DINING - TO PROVIDE MEALS FOR UNIVERSITY STUDENTS. UNION CONCESSIONS - TO PROVIDE ADDITIONAL FOOD AND SUPPLIES TO UNIVERSITY STUDENTS. BOOKSTORE - TO PROVIDE SCHOOL BOOKS AND SUPPLIES TO UNIVERSITY STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $41,454 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,900 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,194,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $756,218 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,184,763 |
| Pension plan accruals and contributions | $457,803 |
| Other employee benefits | $1,422,252 |
| Payroll taxes | $688,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,917 |
| Fees for services: Accounting | $52,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $649,160 |
| Advertising and promotion | $448,054 |
| Office expenses | $2,272,591 |
| Information technology | $578,365 |
| Royalties | $0 |
| Occupancy | $2,142,737 |
| Travel | $60,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $224,929 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,049,530 |
| Insurance | $188,305 |
| All other expenses | $0 |
| Total functional expenses | $37,106,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,412,131 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,118,689 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,313,298 |
| Prepaid expenses and deferred charges | $300,914 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,496,966 |
| Total assets | $26,943,334 |
| Accounts payable and accrued expenses | $3,396,140 |
| Grants payable | $0 |
| Deferred revenue | $5,703,875 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,199,137 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $637,842 |
| Total liabilities | $13,936,994 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $13,006,340 |
Grants Recieved
Over the last fiscal year, we have identified 43 grants that University Of Kansas Memorial has recieved totaling $2,731,656.
| Awarding Organization | Amount |
|---|---|
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT COMPUTATIONAL APPROACHES AND DATA VISUALIZATIONS FOR ANALYSIS OF BLACK AMERICAN NOVELS | $800,000 |
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT A PROJECT ON THE ETHICS AND POLITICS OF STORYTELLING WITH LOCAL COMMUNITIES, BUILDING ON PROJECTS THAT CENTER SUPPRESSED NARRATIVES | $739,000 |
Andrew W Mellon Foundation New York, NY PURPOSE: TO SUPPORT A PROJECT ON THE ETHICS AND POLITICS OF STORYTELLING WITH LOCAL COMMUNITIES, BUILDING ON PROJECTS THAT CENTER SUPPRESSED NARRATIVES | $739,000 |
Bisarya Family Foundation Miami Beach, FL PURPOSE: EDUCATION | $105,000 |
Charles Koch Foundation Arlington, VA PURPOSE: GENERAL OPERATING SUPPORT | $80,000 |
Cocherl Family Foundation Leawood, KS PURPOSE: SCHOLARSHIP | $35,149 |
Endowment Analysis
| Net Contributions | $140,000 |
| Ending Balance | $140,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oklahoma City University Oklahoma City, OK | $362,717,659 | $109,214,951 |
Rockhurst University Kansas City, MO | $176,706,478 | $126,555,115 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Park University Parkville, MO | $196,638,780 | $102,110,275 |
Southern Nazarene University Bethany, OK | $123,009,250 | $68,249,636 |
Baker University Baldwin City, KS | $111,599,532 | $59,186,378 |
Mid-America Nazarene University Olathe, KS | $55,334,319 | $63,656,687 |
Friends University Wichita, KS | $113,219,146 | $51,050,337 |
Southwest Baptist University Bolivar, MO | $91,333,460 | $47,144,070 |
Wichita State University Foundation Wichita, KS | $377,844,366 | $48,848,227 |
University Of Kansas Memorial Lawrence, KS | $26,943,334 | $29,194,763 |
The American University Of Paris Inc Denver, CO | $83,974,222 | $36,441,184 |