Murray Edwards College
- Assets
- $162.7m
- Revenue
- $12.0m
- Investments
- $937.8k
- Employees
- 0
- Location
- Founding
- 03/1959
- Data as of
- 06/2022
- EIN
- 98-6001306
Organization Overview
Murray Edwards College is located in null. The organization was established in 1959. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Murray Edwards College 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 06/2022, Murray Edwards College generated $12.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $12.6m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE LEARNING, EDUCATION AND RESEARCH IN THE UNIVERSITY OF CAMBRIDGE AND TO PROVIDE A COLLEGE FOR UNDERGRADUATES, POSTGRADUATES AND SPECIAL STUDIES FOR MEMBERS OF THE UNIVERSITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVANCE LEARNING, EDUCATION AND RESEARCH IN THE UNIVERSITY OF CAMBRIDGE AND TO PROVIDE A COLLEGE FOR UNDERGRADUATES, POSTGRADUATES AND SPECIAL STUDIES FOR MEMBERS OF THE UNIVERSITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hopwood Mr | Officer | 37.5 | $0 |
Barbara Stocking Dame | Officer | 37.5 | $0 |
Michele Gemelose Dr | Officer | 37.5 | $0 |
Susan Haines Dr | Officer | 37.5 | $0 |
Fiona Duffy Ms | Officer | 37.5 | $0 |
Dorothy Byrne Ms | Officer | 37.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smartest Energy Electricty/energy Utility | 6/29/22 | $244,889 |
University Of Cambridge Administrative Servies | 6/29/22 | $268,242 |
Ois Administrative Services | 6/29/22 | $186,525 |
Coel Ltd Building Contractor | 6/29/22 | $114,554 |
Bidfood Food | 6/29/22 | $121,762 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,910,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,910,851 |
| Total Program Service Revenue | $7,086,832 |
| Investment income | $2,773,108 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $140,056 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,953,473 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,423,577 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $641,822 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,088,783 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,578,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,226,159 |
| Savings and temporary cash investments | $5,188,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $142,492 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,536 |
| Prepaid expenses and deferred charges | $444,525 |
| Net Land, buildings, and equipment | $61,054,659 |
| Investments—publicly traded securities | $90,426,224 |
| Investments—other securities | $937,766 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,214,225 |
| Total assets | $162,670,746 |
| Accounts payable and accrued expenses | $3,411,276 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,074,649 |
| Total liabilities | $20,485,925 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $142,184,821 |
| Total liabilities and net assets/fund balances | $162,670,746 |
Endowment Analysis
| Beg. Balance | $67,257,313 |
| Earnings | $395,810 |
| Net Contributions | -$3,654 |
| Other Expense | $2,682,985 |
| Ending Balance | $64,966,484 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shawnigan Lake School | $16,634,960 | $36,873,265 |
Walworth Barbour American International School In Israel Inc | $55,353,283 | $25,889,974 |
American Community School Of Abu Dhabi | $60,890,003 | $25,457,701 |
American Community School Of Athens Inc | $15,243,298 | $15,045,122 |
Murray Edwards College | $162,670,746 | $11,953,473 |