Southern Methodist University

Organization Overview

Southern Methodist University is located in Dallas, TX. The organization was established in 1933. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Southern Methodist University employed 6,092 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Methodist University 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 05/2022, Southern Methodist University generated $1.2b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $839.8m during the year ending 05/2022. While expenses have increased by 3.1% per year over the past 7 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.

Since 2015, Southern Methodist University has awarded 39 individual grants totaling $2,380,029. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY.

Describe the Organization's Program Activity:

INSTRUCTIONAL: INSTRUCTIONAL PROGRAMS INCLUDE ACADEMIC INSTRUCTION AND SERVICES FOR UNDERGRADUATE AND GRADUATE STUDENTS INCLUDING FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. STUDENT ENROLLMENT FOR FALL SEMESTER 2021 WAS 12,391 AND SPRING SEMESTER 2022 WAS 12,047.


AUXILIARY ACTIVITIES: THIS CATEGORY INCLUDES ATHLETIC EXPENDITURES AND SERVICES THAT SUPPORT EDUCATIONAL ACTIVITIES. SERVICES INCLUDE BOOKSTORE, STUDENT HOUSING, VENDING AND FOOD ADMINISTRATION AND INDEPENDENT OPERATIONS.


SPONSORED RESEARCH: SPONSORED RESEARCH INCLUDES EXPENDITURES FOR ALL ACTIVITIES THAT ARE PART OF THE UNIVERSITY'S RESEARCH PROGRAM, INCLUDING ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH OUTCOMES, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION.


ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aramark Corporation
Dining
$25,029,065
Siemens Building Technologies Inc
Construction
$21,769,871
Noodle Partners Inc
Education Network
$8,437,294
Hc Beck Ltd
Construction
$19,046,447
Core Construction Services Of Texas
Construction
$13,668,433
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,782,045
Related organizations$0
Government grants $132,820
All other contributions, gifts, grants, and similar amounts not included above$245,937,968
Noncash contributions included in lines 1a–1f $49,209,644
Total Revenue from Contributions, Gifts, Grants & Similar$247,852,833
Total Program Service Revenue$746,416,119
Investment income $25,682,938
Tax Exempt Bond Proceeds $71,974
Royalties $15,953,181
Net Rental Income $26,000
Net Gain/Loss on Asset Sales $116,531,938
Net Income from Fundraising Events -$1,129,344
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,151,429,320

Grants Awarded

Over the last fiscal year, Southern Methodist University has awarded $15,500 in support to 2 organizations.

Grant RecipientAmount

GOODWILL INDUSTRIES OF DALLAS

Org PageRecipient Profile

Dallas, TX

PURPOSE: EVENT SPONSORSHIP

$10,000

THE DALLAS HOLOCAUST MUSEUMCENTER

Org PageRecipient Profile

Dallas, TX

PURPOSE: Event Sponsorship

$5,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Southern Methodist University has recieved totaling $10,182,492.

Awarding OrganizationAmount
Garry Weber Foundation

Dallas, TX

PURPOSE: GARRY WEBER END ZONE COMPLEX

$10,000,000
Constantin Foundation Inc

Dallas, TX

PURPOSE: SUPPORT DEPLOYMENT OF THE EARLY LEARNING INFORMATION SYSTEM ACROSS DALLAS AFTERSCHOOL NETWORK AND BIG THOUGHT

$100,000
Jerry M Lewis Md Mental Health Foundation

Dallas, TX

PURPOSE: MEDICAL RESEARCH

$44,992
Patrick G Bromley Foundation

Wilmington, DE

PURPOSE: DEGOLYER LIBRARY

$25,000
Annexstad Family Foundation

Mound, MN

PURPOSE: SCHOLARSHIP

$12,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,037,181,719
Earnings-$18,219,861
Admin Expense$27,776,191
Net Contributions$101,625,935
Other Expense$60,743,993
Grants$19,301,959
Ending Balance$2,012,765,650

Peer Organizations

Organization NameAssets
Texas Christian University
Fort Worth, TX
$1,168,273,968
Southern Methodist University
Dallas, TX
$1,151,429,320
University Of The Incarnate Word
San Antonio, TX
$259,002,070
Trinity University
San Antonio, TX
$314,487,625
Abilene Christian University
Abilene, TX
$252,996,672
Loyola University
New Orleans, LA
$180,729,254
St Edwards University
Austin, TX
$177,051,726
St Marys University Of San Antonio
San Antonio, TX
$162,157,507
Texas A&m Foundation
College Station, TX
$282,467,067
Dallas Baptist University
Dallas, TX
$142,120,388
Oral Roberts University
Tulsa, OK
$191,939,533
Xavier University Of Louisiana
New Orleans, LA
$172,171,417

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