IPEDS Reporting Year Finance 2016-17 (2015-16 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. |
| |

There are a few new changes to the 2016-17 Finance data collection:

•For all institutions, the expense matrix has been removed and expenses are collected by functional and natural classification categories separately, except for salaries and wages.
•For GASB institutions, fields to collect deferred outflows and inflows of resources separately from current assets and liabilities to comply with GASB 63 have been added.

Please review the new screens and survey materials carefully.

| |
| |

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, 2016.)
Beginning: month/year (MMYYYY) | Month: | 7 | Year: | 2015
And ending: month/year (MMYYYY) | Month: | 6 | Year: | 2016

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 ?

| | No
| | Yes - (report endowment assets)

6. Pension
Does your institution include pension liabilities, expenses, and/or deferrals for one or more defined benefit pension plans in its General Purpose Financial Statements?

| | No
| | Yes

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 Position Page 1

Fiscal Year: July 1, 2015 - June 30, 2016
If your institution is a parent institution then the amounts reported in Parts A and D should include ALL of your child institutions

Line no. | | Current year amount | Prior year amount
| Assets | |
01 | Total current assets | 143,163,657 | 145,519,097

31 | Depreciable capital assets, net of depreciation | 424,188,963 | 431,849,765

04

Other noncurrent assets
CV=[A05-A31]

160,659,818

167,791,587

05 | Total noncurrent assets | 584,848,781 | 599,641,352

06

Total assets
CV=(A01+A05)

728,012,438

745,160,449

19 | Deferred outflows of resources | 0 |

| Liabilities | |
07 | Long-term debt, current portion | 6,919,597 | 6,791,150

08

Other current liabilities
CV=(A09-A07)

45,378,835

46,723,321

09 | Total current liabilities | 52,298,432 | 53,514,471

10 | Long-term debt | 255,208,710 | 259,818,012

11

Other noncurrent liabilities
CV=(A12-A10)

0

0

12 | Total noncurrent liabilities | 255,208,710 | 259,818,012

13

Total liabilities
CV=(A09+A12)

307,507,142

313,332,483

20 | Deferred inflows of resources | 0 |

| Net Position | |
14 | Invested in capital assets, net of related debt | 162,377,885 | 165,557,833
15 | Restricted-expendable | 96,391,436 | 94,974,812
16 | Restricted-nonexpendable | 101,390,257 | 104,473,393

17

Unrestricted
CV=[A18-(A14+A15+A16)]

60,345,718

66,821,928

18

Net position
CV=[(A06+A19)-(A13+A20)]

420,505,296

431,827,966

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 Position Page 2

Fiscal Year: July 1, 2015 - June 30, 2016

Line No.

Description

Ending balance

Prior year
Ending balance

| Capital Assets | |

21 | Land and land improvements | 17,517,753 | 17,477,241
22 | Infrastructure | 57,397,985 | 57,426,500
23 | Buildings | 611,336,713 | 606,321,903
32 | Equipment, including art and library collections | 99,273,601 | 97,091,237
27 | Construction in progress | 13,899,219 | 4,284,970

Total for Plant, Property and Equipment
CV = (A21+ .. A27)

799,425,271

782,601,851

28 | Accumulated depreciation | 376,258,040 | 351,655,069
33 | Intangible assets, net of accumulated amortization | 0 | 0
34 | Other capital assets | 1,021,732 | 902,982

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 Position

Fiscal Year: July 1, 2015 - June 30, 2016
If your institution is a parent institution then the amounts reported in Parts A and D should include ALL of your child institutions

Line No. | Description | Current year amount | Prior year amount
01 | Total revenues and other additions for this institution AND all of its child institutions | 382,983,777 | 387,262,339

02 | Total expenses and deductions for this institution AND all of its child institutions | 394,306,447 | 381,171,918

03

Change in net position during year
CV=(D01-D02)

-11,322,670

6,090,421

04 | Net position beginning of year for this institution AND all of its child institutions | 431,827,966 | 425,737,545

05

Adjustments to beginning net position and other gains or losses
CV=[D06-(D03+D04)]

0

0

06 | Net position end of year for this institution AND all of its child institutions (from A18) | 420,505,296 | 431,827,966

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, 2015 - June 30, 2016
DO NOT REPORT FEDERAL DIRECT STUDENT LOANS (FDSL) ANYWHERE IN THIS SECTION

| | |

Line No. | Scholarships and Fellowships | Current year amount | Prior year amount
01 | Pell grants (federal) | 12,949,194 | 13,597,485
02 | Other federal grants (Do NOT include FDSL amounts) | 1,645,028 | 1,480,495
03 | Grants by state government | 4,221,980 | 2,998,051
04 | Grants by local government | 0 | 0
05 | Institutional grants from restricted resources | 5,424,721 | 4,845,025

06

Institutional grants from unrestricted resources
CV=[E07-(E01+...+E05)]

33,710,910

32,198,388

07 | Total revenue that funds scholarships and fellowships | 57,951,833 | 55,119,444

| Discounts and Allowances | |
08 | Discounts and allowances applied to tuition and fees | 42,320,583 | 40,047,668

09

Discounts and allowances applied to sales and services of
auxiliary enterprises

2,174,250

1,789,777

10

Total discounts and allowances
CV=(E08+E09)

44,494,833

41,837,445

11

Net scholarships and fellowships expenses after deducting
discounts and allowances
CV= (E07-E10) This amount will be carried forward to C10 of the expense section.

13,457,000

13,281,999

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 by Source (1)

Fiscal Year: July 1, 2015 - June 30, 2016

Line No. | Source of Funds | Current year amount | Prior year amount
| Operating Revenues | |
01 | Tuition and fees, after deducting discounts & allowances | 140,260,437 | 138,903,021
| Grants and contracts - operating | |
02 | Federal operating grants and contracts | 22,995,450 | 21,459,370
03 | State operating grants and contracts | 4,779,192 | 5,452,039
04 | Local government/private operating grants and contracts | 7,023,487 | 7,836,142
| 04a | Local government operating grants and contracts | 0 | 0
| 04b | Private operating grants and contracts | 7,023,487 | 7,836,142

05

Sales and services of auxiliary enterprises,
after deducting discounts and allowances

69,869,983

71,754,538

06

Sales and services of hospitals,
after deducting patient contractual allowances

0

0

26 | Sales and services of educational activities | 4,754,071 | 4,354,246
07 | Independent operations | 0 | 0

08

Other sources - operating
CV=[B09-(B01+ ....+B07)]

16,519,272

17,431,530

09 | Total operating revenues | 266,201,892 | 267,190,886

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

Part B - Revenues by Source (2)

Fiscal Year: July 1, 2015 - June 30, 2016

Line No. | Source of funds | Current year amount | Prior year amount
| Nonoperating Revenues | |
10 | Federal appropriations | 0 | 0
11 | State appropriations | 79,412,412 | 78,829,704
12 | Local appropriations, education district taxes, and similar support | 0 | 0
| Grants-nonoperating | |
13 | Federal nonoperating grants Do NOT include Federal Direct Student Loans | 12,949,194 | 13,597,485
14 | State nonoperating grants | 0 | 0
15 | Local government nonoperating grants | 0 | 0
16 | Gifts, including contributions from affiliated organizations | 14,173,537 | 14,512,958
17 | Investment income | 3,671,863 | 6,721,870

18

Other nonoperating revenues
CV=[B19-(B10+...+B17)]

1,131,665

144,286

19 | Total nonoperating revenues | 111,338,671 | 113,806,303

27

Total operating and nonoperating revenues
CV=[B19+B09]

377,540,563

380,997,189

28 | 12-month Student FTE from E12 | 12,237 | 12,411

29

Total operating and nonoperating revenues per student FTE
CV=[B27/B28]

30,852

30,698

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

Part B - Revenues by Source (3)

Fiscal Year: July 1, 2015 - June 30, 2016

Line No. | Source of funds | Current year amount | Prior year amount
| Other Revenues and Additions | |
20 | Capital appropriations | 909,378 | 0
21 | Capital grants and gifts | 2,824,395 | 5,367,154
22 | Additions to permanent endowments | 1,709,441 | 897,996

23

Other revenues and additions
CV=[B24-(B20+...+B22)]

0

0

24

Total other revenues and additions
CV=[B25-(B9+B19)]

5,443,214

6,265,150

25 | Total all revenues and other additions | 382,983,777 | 387,262,339

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-1 - Expenses by Functional Classification

Fiscal Year: July 1, 2015 - June 30, 2016
Report Total Operating AND Nonoperating Expenses in this section

Line No.

Expense: Functional Classifications

Total amount

Prior Year
Total Amount

Salaries and wages

Prior Year
Salaries and wages

| (1) | | (2) |
01 | Instruction | 158,977,103 | 158,808,898 | 87,678,771 | 88,471,138
02 | Research | 19,841,371 | 19,758,570 | 8,014,080 | 8,285,369
03 | Public service | 24,370,317 | 21,988,417 | 10,036,517 | 9,412,556
05 | Academic support | 40,660,703 | 37,818,691 | 18,838,468 | 18,211,805
06 | Student services | 21,698,774 | 20,883,055 | 9,130,285 | 8,660,134
07 | Institutional support | 43,464,263 | 38,363,668 | 17,983,527 | 18,025,585

10

Scholarships and fellowships expenses,
net of discounts and allowances
(from Part E, line 11)

13,457,000

13,281,999

11 | Auxiliary enterprises | 71,683,141 | 70,205,811 | 35,071,459 | 34,034,745
12 | Hospital services | 0 | 0 | 0 | 0
13 | Independent operations | 0 | 0 | 0 | 0

14

Other Functional Expenses and deductions
CV=[C19-(C01+...+C13)]

153,775

62,809

0

0

19 | Total expenses and deductions | 394,306,447 | 381,171,918 | 186,753,107 | 191,826,133

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

Part C-2 - Expenses by Natural Classification

Fiscal Year: July 1, 2015 - June 30, 2016
Line No. | Expense: Natural Classifications | Total Amount | Prior year amount
| |
19-2 | Salaries and Wages(from Part C-1,Column 2 line 19) | 186,753,107 | 191,826,133
19-3 | Benefits | 53,485,034 | 55,028,471
19-4 | Operation and Maintenance of Plant (as a natural expense) | 16,304,877 | 21,390,953
19-5 | Depreciation | 27,067,849 | 25,297,509
19-6 | Interest | 9,969,319 | 10,109,679

19-7

Other Natural Expenses and Deductions
CV=[C19-1 - (C19-2 + ... + C19-6)]

100,726,261

19-1

Total Expenses and Deductions
(from Part C-1, Line 19)

394,306,447

381,171,918

20-1 | 12-month Student FTE (from E12 survey) | 12,237 | 12,411

21-1

Total expenses and deductions per student FTE
CV=[C19-1/C20-1]

32,222

30,712

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, 2015 - June 30, 2016
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 | 183,637,776 | 213,733,016
02 | Value of endowment assets at the end of the fiscal year | 172,483,861 | 183,637,776

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 the Census Bureau

Fiscal Year: July 1, 2015 - June 30, 2016
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 | 182,581,020 | 182,581,020 | | |
02 | Sales and services | 76,798,304 | 4,754,071 | 72,044,233 | 0 | 0
03 | Federal grants/contracts (excludes Pell Grants) | 22,995,450 | 22,995,450 | 0 | 0 | 0
| Revenue from the state government:
04 | State appropriations, current & capital | 80,321,790 | 80,321,790 | 0 | 0 | 0
05 | State grants and contracts | 4,779,192 | 4,779,192 | 0 | 0 | 0
| Revenue from local governments:
06 | Local appropriation, current & capital | 0 | 0 | 0 | 0 | 0
07 | Local government grants/contracts | 0 | 0 | 0 | 0 | 0
08 | Receipts from property and non-property taxes | 0 |

09

Gifts and private grants,
NOT including capital grants

22,906,465

10 | Interest earnings | 5,005,613 |
11 | Dividend earnings | 0 |
12 | Realized capital gains | 4,822,483 |

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 the Census Bureau

Fiscal Year: July 1, 2015 - June 30, 2016

Category

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)
02 | Employee benefits, total | 53,485,034 | 45,503,386 | 7,981,648 | 0 | 0
03 | Payment to state retirement funds (maybe included in line 02 above) | 0 | 0 | 0 | | 0
04 | Current expenditures including salaries | 310,347,487 | 310,347,487 | 0 | 0 | 0
| Capital outlays |
05 | Construction | 10,925,876 | 10,925,876 | 0 | 0 | 0
06 | Equipment purchases | 3,657,639 | 3,657,639 | 0 | 0 | 0
07 | Land purchases | 40,512 | 40,512 | 0 | 0 | 0
08 | Interest on debt outstanding, all funds and activities | 9,969,319 |

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 for Census Bureau, page 1

Fiscal Year: July 1, 2015 - June 30, 2016

Debt
Category | Amount
01 | Long-term debt outstanding at beginning of fiscal year | 265,327,681
02 | Long-term debt issued during fiscal year | 0
03 | Long-term debt retired during fiscal year | 5,873,997
04 | Long-term debt outstanding at end of fiscal year | 259,453,684
05 | Short-term debt outstanding at beginning of fiscal year | 0
06 | Short-term debt outstanding at end of fiscal year | 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 L - Debt and Assets for Census Bureau, page 2

Fiscal Year: July 1, 2015 - June 30, 2016
Assets
Category | Amount
07 | Total cash and security assets held at end of fiscal year in sinking or debt service funds | 0
08 | Total cash and security assets held at end of fiscal year in bond funds | 317,229
09 | Total cash and security assets held at end of fiscal year in all other funds | 246,947,010

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

Prepared by

This survey component was prepared by:
| | Keyholder | | SFA Contact | | HR Contact |
| | Finance Contact | | Academic Library Contact | | Other |
| Name: | Randy Sade |
| Email: | [email-masked] |

How long did it take to prepare this survey component? | 16 | hours | 0 | minutes |

The name of the preparer is being collected so that we can follow up with the appropriate person in the event that there are questions concerning the data. The Keyholder will be copied on all email correspondence to other preparers.
The time it took to prepare this component is being collected so that we can continue to improve our estimate of the reporting burden associated with IPEDS. Please include in your estimate the time it took for you to review instructions, query and search data sources, complete and review the component, and submit the data through the Data Collection System.
Thank you for your assistance.

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 Data Center and sent to your institution’s CEO in November 2016.

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 [email-masked].

Core Revenues

Revenue Source | Reported values | Percent of total core revenues | Core revenues per FTE enrollment
Tuition and fees | $140,260,437 | 45% | $11,462
State appropriations | $79,412,412 | 25% | $6,490
Local appropriations | $0 | 0% | $0
Government grants and contracts | $40,723,836 | 13% | $3,328
Private gifts, grants, and contracts | $21,197,024 | 7% | $1,732
Investment income | $3,671,863 | 1% | $300
Other core revenues | $27,848,222 | 9% | $2,276
Total core revenues | $313,113,794 | 100% | $25,587

Total revenues | $382,983,777 | | $31,297

Other core revenues include federal appropriations; sales and services of educational activities; other operating and nonoperating sources; and other revenues and additions (e.g., capital appropriations, capital grants and gifts, etc.). Core revenues exclude revenues from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations. For institutions reporting in Full parent/child relationships, core revenues per FTE enrollment amounts will not be allocated to child institutions.

Core Expenses

Expense function | Reported values | Percent of total core expenses | Core expenses per FTE enrollment
Instruction | $158,977,103 | 49% | $12,992
Research | $19,841,371 | 6% | $1,621
Public service | $24,370,317 | 8% | $1,992
Academic support | $40,660,703 | 13% | $3,323
Institutional support | $43,464,263 | 13% | $3,552
Student services | $21,698,774 | 7% | $1,773
Other core expenses | $13,610,775 | 4% | $1,112
Total core expenses | $322,623,306 | 100% | $26,365

Total expenses | $394,306,447 | | $32,222

Other core expenses include scholarships and fellowships, net of discounts and allowances, and other expenses. Core expenses exclude expenses from auxiliary enterprises (e.g., bookstores, dormitories), hospitals, and independent operations. For institutions reporting in Full parent/child relationships, core expenses per FTE enrollment amounts will not be allocated to child institutions.

| Calculated value
FTE enrollment | 12,237

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

Edit Report

Finance

University of Missouri-Kansas City (178402)
Source | Description | Severity | Resolved | Options
Screen: Changes to Net Position
Screen Entry | The calculated amount of change in net position during the year in Part D (line 03) is expected to be greater than zero. Please confirm that the data reported are correct. (Error #5202) | Confirmation | Yes |