IPEDS Reporting Year Finance 2011-12 (2010-11 Data)
Institution: University of Missouri-Systems Office (178439)
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-Systems Office (178439)
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-Systems Office (178439)
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, 2011.)
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-Systems Office (178439)
User ID: 29C0011
Part A - Statement of Net Assets
Fiscal Year: July 1, 2010 - June 30, 2011
 
Line no.   Current year amount Prior year amount
  Current Assets    
01 Total current assets  269,797,862
 
  Noncurrent Assets    
31 Depreciable capital assets, net of depreciation  46,168,072
04 Other noncurrent assets
CV=[A05-A31]
1,280,120,382  1,063,331,842
05 Total noncurrent assets  1,109,499,914
 
06 Total assets
CV=(A01+A05)
1,836,916,268  1,379,297,776
 
  Current Liabilities    
07 Long-term debt, current portion  0
08 Other current liabilities
CV=(A09-A07)
1,297,688,176  940,787,192
09 Total current liabilities  940,787,192
 
  Noncurrent Liabilities    
10 Long-term debt  0
11 Other noncurrent liabilities
CV=(A12-A10)
108,096,333  83,293,627
12 Total noncurrent liabilities  83,293,627
 
13 Total liabilities
CV=(A09+A12)
1,416,555,068  1,024,080,819
 
  Net Assets    
14 Invested in capital assets, net of related debt  36,369,155
15 Restricted-expendable  25,028,720
16 Restricted-nonexpendable  42,665,792
17 Unrestricted
CV=[A18-(A14+A15+A16)]
304,223,662  251,153,290
18 Total net assets
CV=(A06-A13)
420,361,200  355,216,957
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part A - Statement of Net Assets (Page 2)
Fiscal Year: July 1, 2010 - June 30, 2011
 
Line No. Description Ending balance Prior year
Ending balance
  Capital Assets    
 
21 Land & land improvements 3,840,896
22 Infrastructure 371,550
23 Buildings 21,444,058
32 Equipment, including art and library collections 80,752,733
27 Construction in progress 0
  Total for Plant, Property and Equipment
CV
= (A21+ .. A27)
112,675,184 106,409,237
28 Accumulated depreciation 60,241,165
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-Systems Office (178439)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year: July 1, 2010 - June 30, 2011
  Report in whole dollars only
 
Line No. Source of Funds Current year amount Prior year amount
  Operating Revenues    
01 Tuition & fees, after deducting discounts & allowances 0
  Grants and contracts - operating    
02 Federal operating grants and contracts 843,173
03 State operating grants and contracts 5,644,704
04 Local government/private operating grants and contracts 91,078 0
  04a Local government operating grants and contracts 0
  04b Private operating grants and contracts 0
05 Sales & services of auxiliary enterprises,
after deducting discounts & allowances
17,981,698
26 Sales & services of educational activities 36,108
08 Other sources - operating (CV)
CV
=[B09-(B01+ ....+B07)]
21,558,231 29,658,008
09 Total operating revenues 54,163,691
 
 
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year: July 1, 2010 - June 30, 2011
 
Line No. Source of funds Current year amount Prior year amount
  Nonoperating Revenues    
10 Federal appropriations 5,019,692
11 State appropriations 31,455,463
12 Local appropriations, education district taxes, & similar support 0
  Grants-nonoperating    
13 Federal nonoperating grants 0
14 State nonoperating grants 0
15 Local government nonoperating grants 0
16 Gifts, including contributions from affiliated organizations 195,578
17 Investment income 57,894,535
18 Other nonoperating revenues
CV=[B19-(B10+...+B17)]
0 0
19 Total nonoperating revenues 94,565,268
27 Total operating and nonoperating revenues CV=[B19+B09] 169,253,804 148,728,959
28 12-month Student FTE from E12
CV
=[B28a+B28b]
   
  28a Undergraduates    
  28b Graduates    
29 Total operating and nonoperating revenues per student FTE CV=[B27/B28]    
 
 
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year: July 1, 2010 - June 30, 2011
 
Line No. Source of funds Current year amount Prior year amount
  Other Revenues and Additions    
20 Capital appropriations 898,903
21 Capital grants & gifts 2,476
22 Additions to permanent endowments 1,771
23 Other revenues & additions
CV=[B24-(B20+...+B22)]
0 0
24 Total other revenues and additions 903,150
 
25 Total all revenues and other additions
CV=[B09+B19+B24]
171,894,754 149,632,109
 
You may use the space below to provide context for the data you've reported above.
 
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part C - Expenses and Other Deductions
Fiscal Year: July 1, 2010 - June 30, 2011
  Report in whole dollars only                              
    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 157,240 3,152,368
02 Research 109,102 977,238
03 Public service 5,038,819 15,596,218
05 Academic support 5,097,314 7,932,460
06 Student services 455,548 2,389,507
07 Institutional support 6,577,164 51,568,638
08 Operation & maintenance
of plant
(see instructions)
0 42,327 0
10 Scholarships and fellowships
expenses
, excluding discounts & allowances
  0 0
11 Auxiliary enterprises 14,831,800 23,109,904
14 Other expenses
& deductions
CV=[C19-(C01+...+C13)]
272,404 0 0 0 0 0 272,404 80,816
19 Total expenses & deductions 0 32,581,718 104,807,149
  Prior year amount 104,807,149 32,801,888 14,013,796   8,751,905  3,210,253 46,029,307  
20 12-month Student FTE from E12
CV
=[C20a+C20b]
   
  20a Undergraduates    
  20b Graduates    
21 Total expenses and deductions per student FTE CV=[C19/C20]    
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part D - Summary of Changes In Net Assets
Fiscal Year: July 1, 2010 - June 30, 2011
 
Line No. Description Current year amount Prior year amount
01 Total revenues & other additions (from B25) 171,894,754 149,632,109
 
02 Total expenses & deductions (from C19) 106,750,512 104,807,149
 
03 Change in net assets during year
CV=(D01-D02)
65,144,242 44,824,960
04 Net assets beginning of year 316,555,164
05 Adjustments to beginning net assets and other gains or losses
CV=[D06-(D03+D04)]
1 -6,163,167
06 Net assets end of year (from A18) 420,361,200 355,216,957
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part H - Details of Endowment Assets
Fiscal Year: July 1, 2010 - June 30, 2011
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    118,755,932
02 Value of endowment assets at the end of the fiscal year    133,983,124
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part J - Revenue Data for Bureau of Census
Fiscal Year: July 1, 2010 - June 30, 2011
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 0 0      
02 Sales and services 23,852,492 23,849,244  
03 Federal grants/contracts (excludes Pell Grants) 1,153,150
  Revenue from the state government:
04 State appropriations, current & capital 26,487,945
05 State grants and contracts 3,384,364
  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-Systems Office (178439)
User ID: 29C0011
Part K - Expenditure Data for Bureau of Census
Fiscal Year: July 1, 2010 - June 30, 2011
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 30,797,876 6,802,097  
02 Employee benefits, total 28,935,398 2,014,798  
03 Payment to state retirement funds (maybe included in line 02 above) 0
04 Current expenditures other than salaries 107,025,633
  Capital outlay:  
05 Construction 0
06 Equipment purchases 8,047,606
07 Land purchases 0
08 Interest on debt outstanding, all funds & activities  
09 Scholarships/fellowships      
 
You may use the space below to provide context for the data you've reported above.
 

 
Institution: University of Missouri-Systems Office (178439)
User ID: 29C0011
Part L - Debt and Assets, page 1
Fiscal Year: July 1, 2010 - June 30, 2011
 
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-Systems Office (178439)
User ID: 29C0011
Part L - Debt and Assets, page 2
Fiscal Year: July 1, 2010 - June 30, 2011
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-Systems Office (178439) 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 2012.

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 $0 0% N/A
Government appropriations $31,039,792 21% N/A
Government grants and contracts $4,537,514 3% N/A
Private gifts, grants, and contracts $269,393 0% N/A
Investment income $87,996,382 59% N/A
Other core revenues $24,202,429 16% N/A
Total core revenues $148,045,510 100% N/A
 
Total revenues $171,894,754   N/A
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 $12,461,517 16% N/A
Research $3,482,676 4% N/A
Public service $8,499,235 11% N/A
Academic support $10,469,433 13% N/A
Institutional support $40,578,511 51% N/A
Student services $3,211,223 4% N/A
Other core expenses $272,404 0% N/A
Total core expenses $78,974,999 100% N/A
 
Total expenses $106,750,512   N/A
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
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-Systems Office (178439) User ID:  29C0011
Edit Report
 Finance
Institution: University of Missouri-Systems Office (178439)
Source Description Severity Resolved Options
Screen: Part 2
Screen Entry This number is expected to be greater than zero since most institutions award Pell grants which should be reported as Federal nonoperating grants. Please explain. (Error #5168) Explanation Yes Back to survey data
Reason: UM System being an administrative Unit does not receive any Federal Non-Operating Grants.
Screen: Part 1
Screen Entry The number entered, 28,935,398, has an expected range of between 7,006,898 and 21,020,694 based on last year's amount. Please explain this difference. (Error #5301) Explanation Yes Back to survey data
Reason: This amount moves around drastically because University wide it is where the flat rate that is charged to campuses is received and benefit payments are made. This account could have a surplus or shortfall. This is also where the expense of “Other Post-Employment Benefits” expenses are charged. This year the surplus was lower and the OPEB expenses were higher causing the increase.
Screen Entry The number entered, 5,474,357, has an expected range of between 1,605,127 and 4,815,379 based on last year's amount. Please explain this difference. (Error #5301) Explanation Yes Back to survey data
Reason: This amount moves around drastically because University wide it is where the flat rate that is charged to campuses is received and interest payments are made. This account could have a surplus or shortfall. This year the surplus was lower and the OPEB expenses were higher causing the increase.
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1
Screen Entry The expense for this classification is expected to be zero or left blank. Please confirm that this is correct. (Error #5214) Confirmation Yes Back to survey data
Related Screens: Part 1