Murray Edwards College
- Assets
- $177.2m
- Revenue
- $13.9m
- Investments
- $976.1k
- Employees
- 0
- Location
- Founding
- 03/1959
- Data as of
- 06/2024
- 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 06/2024, Murray Edwards College generated $13.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $14.8m during the year ending 06/2024. While expenses have increased by 2.4% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE LEARNING, EDUCATION & RESEARCH IN THE UNIVERSITY OF CAMBRIDGE AND TO PROVIDE 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 |
|---|---|---|---|
Rachel Polonsky Dr | 3 | $0 | |
Michele Gemelos Dr | Officer | 37.5 | $0 |
Andrew Rudd Dr | Officer | 37.5 | $0 |
Robert Hopwood Mr | Officer | 37.5 | $0 |
Lay Longworth Ms | Officer | 37.5 | $0 |
P Filipucci Dr | 37.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smartest Energy Energy Supplier | 6/29/24 | $797,326 |
Ois Ltd Admin Services | 6/29/24 | $493,643 |
Corona Energy Energy Supplier | 6/29/24 | $186,419 |
St Ives Gas Services Ltd Gas Services And Supplies | 6/29/24 | $186,052 |
University Of Cambridge Admin Services | 6/29/24 | $228,811 |
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 | $1,649,019 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,649,019 |
| Total Program Service Revenue | $8,463,098 |
| Investment income | $3,620,019 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $138,118 |
| 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 | $13,932,362 |
| 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 | $3,943,193 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $571,643 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,202,858 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,795,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,728,012 |
| Savings and temporary cash investments | $3,182,944 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $94,904 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $81,126 |
| Prepaid expenses and deferred charges | $915,373 |
| Net Land, buildings, and equipment | $62,160,569 |
| Investments—publicly traded securities | $104,807,703 |
| Investments—other securities | $976,052 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,263,797 |
| Total assets | $177,210,480 |
| Accounts payable and accrued expenses | $4,557,022 |
| 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 | $14,403,739 |
| Total liabilities | $18,960,761 |
| 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 | $158,249,719 |
| Total liabilities and net assets/fund balances | $177,210,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|