IPEDS Reporting Year Finance 2009-10 (2008-09 Data)
Institution: Missouri University of Science and Technology (178411)
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: Missouri University of Science and Technology (178411)
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, 2009.)
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: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part A - Statement of Net Assets
Fiscal Year 2009
 
Line no.   Current year amount Prior year amount
  Current Assets    
01 Total current assets  54,381,034
 
  Noncurrent Assets    
31 Depreciable capital assets, net of depreciation  201,804,602
04 Other noncurrent assets
CV=[A05-A31]
131,185,102  145,394,610
05 Total noncurrent assets  347,199,212
 
06 Total assets
CV=(A01+A05)
398,469,601  401,580,246
 
  Current Liabilities    
07 Long-term debt, current portion  1,147,482
08 Other current liabilities
CV=(A09-A07)
30,345,202  27,540,399
09 Total current liabilities  28,687,881
 
  Noncurrent Liabilities    
10 Long-term debt  55,427,147
11 Other noncurrent liabilities
CV=(A12-A10)
0  0
12 Total noncurrent liabilities  55,427,147
 
13 Total liabilities
CV=(A09+A12)
85,901,901  84,115,028
 
  Net Assets    
14 Invested in capital assets, net of related debt  148,686,325
15 Restricted-expendable  51,462,853
16 Restricted-nonexpendable  86,120,858
17 Unrestricted
CV=[A18-(A14+A15+A16)]
37,875,615  31,195,182
18 Total net assets
CV=(A06-A13)
312,567,700  317,465,218
 
You may use the space below to provide context for the data you've reported above.
 

Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part A - Statement of Net Assets (Page 2)
Fiscal Year 2009
 
Line No. Description Ending balance Prior year
Ending balance
  Capital Assets    
 
21 Land & land improvements 5,576,639
22 Infrastructure 15,293,000
23 Buildings 201,043,459
32 Equipment, including art and library collections 70,188,019
27 Construction in progress 34,618,510
  Total for Plant, Property and Equipment
CV
= (A21+ .. A27)
343,597,376 326,719,627
28 Accumulated depreciation 124,915,025
33 Intangible assets, net of accumulated amortization 0
34 Other capital assets 0
 
 
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Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No. Source of Funds Current year amount Prior year amount
  Operating Revenues    
01 Tuition & fees, after deducting discounts & allowances 43,714,113
  Grants and contracts - operating    
02 Federal operating grants and contracts 20,316,415
03 State operating grants and contracts 2,800,780
04 Local government/private operating grants and contracts 14,056,074 11,443,082
  04a Local government operating grants and contracts 0
  04b Private operating grants and contracts 11,443,082
05 Sales & services of auxiliary enterprises,
after deducting discounts & allowances
12,629,381
06 Sales & services of hospitals,
after deducting patient contractual allowances
0
26 Sales & services of educational activities 638,105
07 Independent operations 0
08 Other sources - operating
CV=[B09-(B01+ ....+B07)]
3,043,783 4,913,982
09 Total operating revenues 96,455,858
 
 
 

Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No. Source of funds Current year amount Prior year amount
  Nonoperating Revenues    
10 Federal appropriations 0
11 State appropriations 48,321,939
12 Local appropriations, education district taxes, & similar support 0
  Grants-nonoperating    
13 Federal nonoperating grants 3,058,641
14 State nonoperating grants 0
15 Local government nonoperating grants 0
16 Gifts, including contributions from affiliated organizations 9,602,441
17 Investment income 0
18 Other nonoperating revenues
CV=[B19-(B10+...+B17)]
0 0
19 Total nonoperating revenues 60,983,021
 
 
 

Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No. Source of funds Current year amount Prior year amount
  Other Revenues and Additions    
20 Capital appropriations 11,894,051
21 Capital grants & gifts 1,480,681
22 Additions to permanent endowments 7,021,166
23 Other revenues & additions
CV=[B24-(B20+...+B22)]
0 0
24 Total other revenues and additions 20,395,898
 
25 Total all revenues and other additions
CV=(B09+B19+B24)
151,064,628 177,834,777
 
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Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part C - Expenses and Other Deductions
Fiscal Year 2009
    1 2 3 4 5 6 7
Line No. Description Total amount Salaries & wages Employee fringe benefits Operation and maintenance of plant Depreciation Interest All other                    
  Expenses and Deductions  
01 Instruction 10,199,293
02 Research 9,159,469
03 Public service 1,604,545
05 Academic support 2,172,366
06 Student services 4,269,188
07 Institutional support 665,168
08 Operation & maintenance
of plant
(see instructions)
0 1,024,381
10 Scholarships and fellowships
expenses
, excluding discounts & allowances
  4,567,999
11 Auxiliary enterprises 7,097,498
12 Hospital services 0
13 Independent operations 0
14 Other expenses
& deductions
CV=[C19-(C01+...+C13)]
248,032 0 0 0 0 0 248,032
19 Total expenses & deductions 0 41,007,939
  Prior year amount 154,944,998 77,820,144 18,724,551   9,426,408   48,973,895
 
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Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part D - Summary of Changes In Net Assets
Fiscal Year 2009
 
Line No. Description Current year amount Prior year amount
01 Total revenues & other additions (from B25) 151,064,628 177,834,777
 
02 Total expenses & deductions (from C19) 155,962,145 154,944,998
 
03 Change in net assets during year
CV=(D01-D02)
-4,897,517 22,889,779
04 Net assets beginning of year 294,575,439
05 Adjustments to beginning net assets
CV=[D06-(D03+D04)]
0 0
06 Net assets end of year (from A18) 312,567,700 317,465,218
 
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Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part E - Scholarships and Fellowships
Fiscal Year 2009
       
 
Line No. Source Current year amount Prior year amount
01 Pell grants (federal) 3,058,641
02 Other federal grants 281,860
03 Grants by state government 3,450,249
04 Grants by local government 0
05 Institutional grants from restricted resources 4,163,683
06 Institutional grants from unrestricted resources
CV=[E07-(E01+...+E05)]
17,079,121 15,310,502
07 Total gross scholarships and fellowships 26,264,935
 
  Discounts and Allowances    
08 Discounts & allowances applied to tuition & fees 20,434,281
09 Discounts & allowances applied to sales & services of
auxiliary enterprises
CV= (E10-E08)
48,895 399,654
10 Total discounts & allowances
CV=(E07-E11)
23,029,074 20,833,935
 
11 Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)
4,567,999 5,431,000
 
You may use the space below to provide context for the data you've reported above.
 

Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part H - Details of Endowment Assets
Fiscal Year 2009
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    124,906,328
02 Value of endowment assets at the end of the fiscal year    124,022,531

Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part J - Revenue Data for Bureau of Census
Fiscal Year 2009
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 68,775,065 68,775,065      
02 Sales and services 14,796,040 14,055,131 0
03 Federal grants/contracts (excludes Pell Grants) 17,522,675
  Revenue from the state government:
04 State appropriations, current & capital 53,961,508
05 State grants and contracts 2,568,929
  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  
 
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Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part K - Expenditure Data for Bureau of Census
Fiscal Year 2009
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 83,675,479 2,246,221 0
02 Employee benefits, total 19,524,074 490,273 0
03 Payment to state retirement funds (maybe included in line 02 above) 0
04 Current expenditures other than salaries 40,586,026
  Capital outlay:  
05 Construction 9,070,138
06 Equipment purchases 2,989,623
07 Land purchases 76,500
08 Interest on debt outstanding, all funds & activities  
09 Scholarships/fellowships 27,597,073 27,597,073  
 
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Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part L - Debt and Assets, page 1
Fiscal Year 2009
 
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
 
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Institution: Missouri University of Science and Technology (178411)
User ID: 29C0011
Part L - Debt and Assets, page 2
Fiscal Year 2009
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
 
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Institution:  Missouri University of Science and Technology (178411) User ID:  29C0011
Explanation Report
Number Source Location Description Severity Accepted
Screen: Part 2
1 Row 26
Column 3
Screen Entry This number should be greater than zero. Please explain. Explanation Yes
Reason: This is due to adverse market conditions during an economic downturn.