IPEDS Reporting Year Finance 2010-11 (2009-10 Data)
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Overview
Finance Overview
  Purpose  
  The purpose of the IPEDS Finance component is to collect basic financial information from items associated with the institution's General Purpose Financial Statements.  
     
     
     
     
  Resources:
To download the survey materials for this component: Survey Materials
 
  To access your prior year data submission for this component: Reported Data  

If you have questions about completing this survey, please contact the IPEDS Help Desk at 1-877-225-2568.

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Finance - Public institutions
Reporting Standard
Please indicate which reporting standards are used to prepare your financial statements:
       GASB (Governmental Accounting Standards Board), using standards of GASB 34 & 35
  FASB (Financial Accounting Standards Board)
Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data.

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Finance - Public institutions
General Information
GASB-Reporting Institutions (aligned form)
To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statements (GPFS). Please refer to the instructions specific to each screen of the survey for details and references.
1. Fiscal Year Calendar
This report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the most recent fiscal year ending before October 1, 2010.)
Beginning: month/year (MMYYYY) Month: Year:
And ending: month/year (MMYYYY) Month: Year:
2. Audit Opinion
Did your institution receive an unqualified opinion on its General Purpose Financial Statements from your auditor for the fiscal year noted above? (If your institution is audited only in combination with another entity, answer this question based on the audit of that entity.)
     Unqualified Qualified
(Explain in
box below)
Don't know
(Explain in
box below)               
3. Reporting Model
GASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges and universities. Which model is used by your institution ?
      Business Type Activities
  Governmental Activities
  Governmental Activities with Business-Type Activities
 
4. Intercollegiate Athletics
If your institution participates in intercollegiate athletics, are the expenses accounted for as auxiliary enterprises or treated as student services?
 
     Auxiliary enterprises               
     Student services               
     Does not participate in intercollegiate athletics               
     Other (specify in box below)               
5. Endowment Assets
Does this institution or any of its foundations or other affiliated organizations own endowment assets ?
     Yes - (report endowment assets)               
  No
You may use the space below to provide context for the data you've reported above.

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part A - Statement of Net Assets
Fiscal Year: July 1, 2009 - June 30, 2010
 
Line no.   Current year amount Prior year amount
  Current Assets    
01 Total current assets  76,874,890
 
  Noncurrent Assets    
31 Depreciable capital assets, net of depreciation  291,634,264
04 Other noncurrent assets
CV=[A05-A31]
127,740,911  138,883,192
05 Total noncurrent assets  430,517,456
 
06 Total assets
CV=(A01+A05)
582,423,481  507,392,346
 
  Current Liabilities    
07 Long-term debt, current portion  40,817,685
08 Other current liabilities
CV=(A09-A07)
40,595,006  68,863,421
09 Total current liabilities  109,681,106
 
  Noncurrent Liabilities    
10 Long-term debt  33,183,321
11 Other noncurrent liabilities
CV=(A12-A10)
0  0
12 Total noncurrent liabilities  33,183,321
 
13 Total liabilities
CV=(A09+A12)
191,999,342  142,864,427
 
  Net Assets    
14 Invested in capital assets, net of related debt  219,619,538
15 Restricted-expendable  69,231,801
16 Restricted-nonexpendable  78,237,160
17 Unrestricted
CV=[A18-(A14+A15+A16)]
50,689,842  -2,560,580
18 Total net assets
CV=(A06-A13)
390,424,139  364,527,919
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part A - Statement of Net Assets (Page 2)
Fiscal Year: July 1, 2009 - June 30, 2010
 
Line No. Description Ending balance Prior year
Ending balance
  Capital Assets    
 
21 Land & land improvements 15,522,531
22 Infrastructure 36,876,496
23 Buildings 348,547,071
32 Equipment, including art and library collections 79,944,502
27 Construction in progress 37,865,520
  Total for Plant, Property and Equipment
CV
= (A21+ .. A27)
571,521,121 518,756,120
28 Accumulated depreciation 227,121,856
33 Intangible assets, net of accumulated amortization 0
34 Other capital assets 0
 
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year: July 1, 2009 - June 30, 2010
 
Line No. Source of Funds Current year amount Prior year amount
  Operating Revenues    
01 Tuition & fees, after deducting discounts & allowances 109,188,925
  Grants and contracts - operating    
02 Federal operating grants and contracts 23,151,208
03 State operating grants and contracts 4,038,302
04 Local government/private operating grants and contracts 9,064,505 8,490,124
  04a Local government operating grants and contracts 0
  04b Private operating grants and contracts 8,490,124
05 Sales & services of auxiliary enterprises,
after deducting discounts & allowances
49,915,474
06 Sales & services of hospitals,
after deducting patient contractual allowances
0
26 Sales & services of educational activities 4,983,302
07 Independent operations 0
08 Other sources - operating
CV=[B09-(B01+ ....+B07)]
9,790,520 7,348,465
09 Total operating revenues 207,115,800
 
 
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year: July 1, 2009 - June 30, 2010
 
Line No. Source of funds Current year amount Prior year amount
  Nonoperating Revenues    
10 Federal appropriations 0
11 State appropriations 84,010,887
12 Local appropriations, education district taxes, & similar support 0
  Grants-nonoperating    
13 Federal nonoperating grants 7,911,731
14 State nonoperating grants 0
15 Local government nonoperating grants 0
16 Gifts, including contributions from affiliated organizations 10,618,075
17 Investment income -15,371,391
18 Other nonoperating revenues
CV=[B19-(B10+...+B17)]
0 0
19 Total nonoperating revenues 87,169,302
27 Total operating and nonoperating revenues CV=[B19+B09] 351,413,645 294,285,102
28 12-month Student FTE from E12
CV
=[B28a+B28b]
12,739  
  28a Undergraduates 7,527  
  28b Graduates 5,212  
29 Total operating and nonoperating revenues per student FTE CV=[B27/B28] 27,586  
 
 
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year: July 1, 2009 - June 30, 2010
 
Line No. Source of funds Current year amount Prior year amount
  Other Revenues and Additions    
20 Capital appropriations 12,103,864
21 Capital grants & gifts 0
22 Additions to permanent endowments 1,631,572
23 Other revenues & additions
CV=[B24-(B20+...+B22)]
0 0
24 Total other revenues and additions 13,735,436
 
25 Total all revenues and other additions
CV=[B09+B19+B24]
357,771,830 308,020,538
 
You may use the space below to provide context for the data you've reported above.
 
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part C - Expenses and Other Deductions
Fiscal Year: July 1, 2009 - June 30, 2010
    1 2 3 4 5 6 7 8
Line No. Description Total amount Salaries & wages Employee fringe benefits Operation and maintenance of plant Depreciation Interest All other                     PY Total
Amount
  Expenses and Deductions  
01 Instruction 17,723,457 151,918,758
02 Research 9,138,323 22,541,292
03 Public service 5,998,290 19,440,751
05 Academic support 7,506,425 33,384,624
06 Student services 4,550,403 15,630,899
07 Institutional support 9,691,828 32,146,370
08 Operation & maintenance
of plant
(see instructions)
0 5,829,534
10 Scholarships and fellowships
expenses
, excluding discounts & allowances
  14,087,000 11,963,607
11 Auxiliary enterprises 14,036,559 32,527,292
12 Hospital services 0 0
13 Independent operations 0 0
14 Other expenses
& deductions
CV=[C19-(C01+...+C13)]
126,831 0 0 0 0 0 126,831 215,515
19 Total expenses & deductions 0 88,688,650 319,769,108
  Prior year amount 319,769,108 176,736,632 41,852,256   15,459,708  2,352,821 83,367,691  
20 12-month Student FTE from E12
CV
=[C20a+C20b]
12,739  
  20a Undergraduates 7,527  
  20b Graduates 5,212  
21 Total expenses and deductions per student FTE CV=[C19/C20] 26,052  
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part D - Summary of Changes In Net Assets
Fiscal Year: July 1, 2009 - June 30, 2010
 
Line No. Description Current year amount Prior year amount
01 Total revenues & other additions (from B25) 357,771,830 308,020,538
 
02 Total expenses & deductions (from C19) 331,875,611 319,769,108
 
03 Change in net assets during year
CV=(D01-D02)
25,896,219 -11,748,570
04 Net assets beginning of year 376,276,489
05 Adjustments to beginning net assets and other gains or losses
CV=[D06-(D03+D04)]
1 0
06 Net assets end of year (from A18) 390,424,139 364,527,919
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part E - Scholarships and Fellowships
Fiscal Year: July 1, 2009 - June 30, 2010
       
 
Line No. Source Current year amount Prior year amount
01 Pell grants (federal) 7,911,731
02 Other federal grants 1,295,434
03 Grants by state government 3,479,091
04 Grants by local government 0
05 Institutional grants from restricted resources 2,974,134
06 Institutional grants from unrestricted resources
CV=[E07-(E01+...+E05)]
29,381,910 28,713,721
07 Total gross scholarships and fellowships 44,374,111
 
  Discounts and Allowances    
08 Discounts & allowances applied to tuition & fees 31,823,830
09 Discounts & allowances applied to sales & services of
auxiliary enterprises
CV= (E10-E08)
1,087,261 586,674
10 Total discounts & allowances
CV=(E07-E11)
35,474,754 32,410,504
 
11 Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)
14,087,000 11,963,607
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part H - Details of Endowment Assets
Fiscal Year: July 1, 2009 - June 30, 2010
Line No. Value of Endowment Assets Market Value Prior Year Amounts
   Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution.    
01 Value of endowment assets at the beginning of the fiscal year    170,718,971
02 Value of endowment assets at the end of the fiscal year    166,240,272
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part J - Revenue Data for Bureau of Census
Fiscal Year: July 1, 2009 - June 30, 2010
Source and type Amount
Total for all funds
and operations
(includes
endowment funds,
but excludes component units)
Education and general/independent operations Auxiliary enterprises Hospitals Agriculture extension/experiment services
  (1)   (2) (3) (4) (5)
01 Tuition and fees 146,808,163 146,808,163      
02 Sales and services 59,718,135 54,478,035 0
03 Federal grants/contracts (excludes Pell Grants) 24,911,320
  Revenue from the state government:
04 State appropriations, current & capital 98,464,942
05 State grants and contracts 5,321,092
  Revenue from local governments:
06 Local appropriation, current & capital 0
07 Local government grants/contracts 0
08 Receipts from property and non-property taxes  
09 Gifts and private grants, including capital grants  
10 Interest earnings  
11 Dividend earnings  
12 Realized capital gains  
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part K - Expenditure Data for Bureau of Census
Fiscal Year: July 1, 2009 - June 30, 2010
Category Amount
Total for all funds and operations (includes endowment funds, but excludes component units) Education and general/
independent operations
Auxiliary enterprises Hospitals Agriculture extension/
experiment services
  (1) (2) (3) (4) (5)
01 Salaries and wages 179,657,079 13,343,425 0
02 Employee benefits, total 42,278,535 3,109,536 0
03 Payment to state retirement funds (maybe included in line 02 above) 0
04 Current expenditures other than salaries 91,249,930
  Capital outlay:  
05 Construction 47,269,283
06 Equipment purchases 3,644,141
07 Land purchases 150,000
08 Interest on debt outstanding, all funds & activities  
09 Scholarships/fellowships 49,561,754 49,561,754  
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part L - Debt and Assets, page 1
Fiscal Year: July 1, 2009 - June 30, 2010
 
Debt
Category Amount
01 Long-term debt outstanding at beginning of fiscal year
02 Long-term debt issued during fiscal year
03 Long-term debt retired during fiscal year
04 Long-term debt outstanding at end of fiscal year
05 Short-term debt outstanding at beginning of fiscal year
06 Short-term debt outstanding at end of fiscal year
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402)
User ID: 29C0011
Part L - Debt and Assets, page 2
Fiscal Year: July 1, 2009 - June 30, 2010
Assets
Category Amount
07 Total cash and security assets held at end of fiscal year in sinking or debt service funds
08 Total cash and security assets held at end of fiscal year in bond funds
09 Total cash and security assets held at end of fiscal year in all other funds
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Kansas City (178402) User ID: 29C0011
Summary
Finance Survey Summary

IPEDS collects important information regarding your institution. All data reported in IPEDS survey components become available in the IPEDS Data Center and appear as aggregated data in various Department of Education reports. Additionally, some of the reported data appears specifically for your institution through the College Navigator website and is included in your institution’s Data Feedback Report (DFR). The purpose of this summary is to provide you an opportunity to view some of the data that, when accepted through the IPEDS quality control process, will appear on the College Navigator website and/or your DFR. College Navigator is updated approximately three months after the data collection period closes and Data Feedback Reports will be available through the ExPT and sent to your institution’s CEO in November 2011.

Please review your data for accuracy. If you have questions about the data displayed below after reviewing the data reported on the survey screens, please contact the IPEDS Help Desk at: 1-877-225-2568 or ipedshelp@rti.org.

Core Revenues
Revenue Source Reported values Percent of total core revenues Core revenues per FTE enrollment
Tuition and fees $112,420,670 37% $8,825
Government appropriations $95,418,077 31% $7,490
Government grants and contracts $41,469,046 14% $3,255
Private gifts, grants, and contracts $18,274,424 6% $1,435
Investment income $15,410,034 5% $1,210
Other core revenues $21,388,805 7% $1,679
Total core revenues $304,381,056 100% $23,894
 
Total revenues $357,771,830   $28,085
Core revenues include tuition and fees; government appropriations (federal, state, and local); government grants and contracts; private gifts, grants, and contracts; investment income; other operating and nonoperating sources; and other revenues and additions. Core revenues exclude revenues from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations.


 
Core Expenses
Expense function Reported values Percent of total core expenses Core expenses per FTE enrollment
Instruction $158,912,649 53% $12,474
Research $23,029,242 8% $1,808
Public service $19,167,014 6% $1,505
Academic support $32,533,413 11% $2,554
Institutional support $32,267,621 11% $2,533
Student services $17,411,675 6% $1,367
Other core expenses $14,213,831 5% $1,116
Total core expenses $297,535,445 100% $23,356
 
Total expenses $331,875,611   $26,052
Core expenses include expenses for instruction, research, public service, academic support, institutional support, student services, operation and maintenance of plant, depreciation, scholarships and fellowships expenses, other expenses, and nonoperating expenses.


 
  Calculated value
FTE enrollment 12,739
The full-time equivalent (FTE) enrollment used in this report is the sum of the institution’s FTE undergraduate enrollment and FTE graduate enrollment (as calculated from or reported on the 12-month Enrollment component). FTE is estimated using 12- month instructional activity (credit and/or contact hours). All doctor’s degree students are reported as graduate students.


 
 
 
Institution:  University of Missouri-Kansas City (178402) User ID:  29C0011
Explanation Report
Number Source Location Description Severity Accepted
Screen: Part C - Expenses and Other Deductions
1 Row: 26
Col: 8
Screen Entry The number entered, 4,256,235, has an expected range of between 1,176,411 and 3,529,231 based on last year's amount. Please explain this difference. Explanation Yes
Reason: At the beginning of fiscal year 2010 on July 23, 2009 the University issued $332,060,000 of new debt causing an increase in interest expense in fiscal year 2010.