Kansas University Alumni Association
- Assets
- $43.4m
- Revenue
- $19.8m
- Investments
- $40.6m
- Employees
- 49
- Location
- Lawrence, KS
- Founding
- 06/1933
- Data as of
- 06/2020
- EIN
- 48-0291250
Organization Overview
Kansas University Alumni Association is located in Lawrence, KS. The organization was established in 1933. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2022, Kansas University Alumni Association employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas University Alumni Association 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 06/2020, Kansas University Alumni Association generated $19.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $5.6m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE BUILD LIFELONG RELATIONSHIPS THAT STRENGTHEN THE UNIVERSITY OF KANSAS AND THE LEGACY OF EXCELLENCE EMBODIED BY ITS STUDENTS, ALUMNI, FACULTY, STAFF AND FRIENDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI, STUDENT, AND UNIVERSITY PROGRAMS - THE KU ALUMNI ASSOCIATION PROVIDES ONE OF THE MOST COMPREHENSIVE ALUMNI PROGRAMS IN THE COUNTRY, NURTURING A CONSISTENTLY GROWING, ACTIVE, AND POWERFUL KU COMMUNITY THAT CREATES IMPACT FOR THE UNIVERSITY OF KANSAS. HIGHLIGHTS INCLUDE:1) NETWORKS - 129 DOMESTIC AND INTERNATIONAL NETWORKS HELD EVENTS FOCUSED ON UNIVERSITY ISSUES, INCLUDING CAMPUS NEWS, STUDENT RECRUITMENT, MEMBERSHIP ADVANCEMENT, LEGISLATIVE ADVOCACY, AND COMMUNITY SERVICE. ACADEMIC PROGRAMS SERVED THE UNIVERSITY THROUGH A VARIETY OF MEETINGS, EVENTS, AND NEWSLETTERS TAILORED TO THE NEEDS OF INDIVIDUAL SCHOOLS AND KEEPING ALUMNI INFORMED REGARDING THEIR AREAS OF ACADEMIC INTEREST. PROGRAMMATIC OFFERINGS FOR ALUMNI AND UNIVERSITY FRIENDS INCLUDE IN PERSON AND VIRTUAL EVENTS; 2) ADAMS ALUMNI CENTER - PROVIDED BANQUET AND MEETING SERVICES FOR UNIVERSITY, TRADITIONAL ASSOCIATION EVENTS, AND MEMBERS; 3) SUPPORT OF INTERCOLLEGIATE ATHLETICS - ENCOURAGED AND PROMOTED GATHERINGS OF ALUMNI AND INTERESTED PERSONS TO SUPPORT THE UNIVERSITY ATHLETICS PROGRAMS; 4)STUDENT ALUMNI NETWORK PROGRAMS - PROVIDED OPPORTUNITIES FOR STUDENTS TO INTERACT WITH KU ALUMNI, ACCESS TO A NETWORK OF MENTORS, AND TO LEARN KU TRADITIONS; AND 5) JAYHAWK CAREER NETWORK - FEATURING THE DIGITAL KU MENTORING PLATFORM UNITING CAREER SERVICES ACROSS THE KU CAMPUS WITH MORE THAN 11,000 USERS, INCLUDING 3,000 STUDENTS AND OVER 23,000 MESSAGES SINCE FALL 2018.
PUBLICATIONS AND COMMUNICATIONS - PROVIDING COVERAGE OF NEWS AND ISSUES THAT AFFECT THE UNIVERSITY THROUGH PUBLICATION AND DELIVERY OF THE AWARD-WINNING, QUARTERLY KANSAS ALUMNI MAGAZINE TO OVER 37,000 ALUMNI ASSOCIATION MEMBERS; PRODUCTION OF REGULAR (OVER 1,800 ANNUALLY) BROADCAST EMAILS AND ANNOUNCEMENTS REACHING OVER 170,000 MEMBERS AND OTHER KU FRIENDS ON BEHALF OF THE ALUMNI ASSOCIATION AND VARIOUS UNIVERSITY CONSTITUENCIES. SOCIAL MEDIA AND ON-LINE ACTIVITIES REACH AND ENGAGE MORE THAN 65,000 FOLLOWERS, 62,000 MOBILE ALUMNI APP SESSIONS, AND NEARLY 500,000 WEBSITE VISITS.
ALUMNI RECORDS - AS OFFICIAL RECORD KEEPER FOR THE UNIVERSITY OF KANSAS FOR PERSONAL AND MAILING RECORDS FOR THE FORMER STUDENTS AND GRADUATES OF THE UNIVERSITY, THE ALUMNI ASSOCIATION CONTINUALLY UPDATES AN ACTIVE BIOGRAPHICAL RECORDS DATABASE INCLUDING OVER 268,000 DEGREE-HOLDERS AND IN EXCESS OF 543,000 UNIVERSITY ALUMNI AND FRIENDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heath Peterson President & CEO | Officer | 40 | $212,198 |
Dwight S Parman Treasurer/sr VP | Officer | 40 | $162,560 |
Jennifer J Sanner Secretary/sr VP | Officer | 40 | $139,052 |
Angela Riffey Storey SVP Donor Relation | 40 | $129,456 | |
Kristi Lacle SVP Ops/programs | 40 | $128,225 | |
David Johnston SVP Strat Comms | 40 | $104,726 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allen Press Inc Publication/printing | 6/29/15 | $148,436 |
Overland Park Convention Center Convention Center | 6/29/15 | $100,773 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,657,604 |
| Investment income | $301,984 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,193,169 |
| 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 | $81,836 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,795,614 |
| Statement of Expenses | |
|---|---|
| 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. | $817,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,242,001 |
| Pension plan accruals and contributions | $180,221 |
| Other employee benefits | $212,651 |
| Payroll taxes | $220,934 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,376 |
| Fees for services: Accounting | $68,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $176,489 |
| Advertising and promotion | $69,700 |
| Office expenses | $183,545 |
| Information technology | $109,774 |
| Royalties | $0 |
| Occupancy | $191,723 |
| Travel | $120,494 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $380,853 |
| Interest | $0 |
| Payments to affiliates | $25,965 |
| Depreciation, depletion, and amortization | $96,088 |
| Insurance | $101,805 |
| All other expenses | $0 |
| Total functional expenses | $5,634,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $762,574 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $73,549 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $105,857 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $40,592,126 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $43,406,063 |
| Accounts payable and accrued expenses | $470,150 |
| Grants payable | $0 |
| Deferred revenue | $1,244,003 |
| 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 | $606,200 |
| Other liabilities | $0 |
| Total liabilities | $2,320,353 |
| 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 |
| Total liabilities and net assets/fund balances | $41,085,710 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Kansas University Alumni Association has recieved totaling $38,843.
| Awarding Organization | Amount |
|---|---|
Truman Heartland Community Foundation Independence, MO PURPOSE: GENERAL SUPPORT | $28,474 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $194 |
Pfizer Foundation Inc New York, NY PURPOSE: ANNUAL GIVING CAMPAIGN | $100 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $40 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $35 |
Endowment Analysis
| Beg. Balance | $5,342,452 |
| Earnings | $185,575 |
| Other Expense | $210,867 |
| Ending Balance | $5,317,160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas University Alumni Association Lawrence, KS | $43,406,063 | $19,795,614 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
Alumni Association Of Kansas State University Manhattan, KS | $26,684,842 | $5,906,410 |
The North American Foundation For The University Of Durham Inc Denver, CO | $67,216 | $2,577,869 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |
Major League Baseball Players Alumni Association Colorado Springs, CO | $8,545,070 | $2,799,012 |
Grand Island Public Schools Foundation Grand Island, NE | $10,746,895 | $4,368,224 |
Beta Mu Building And Alumnae Association Boulder, CO | $5,502,607 | $1,091,365 |
Wichita State University Alumni Association Wichita, KS | $3,025,318 | $1,244,386 |
Miner Alumni Association Rolla, MO | $30,527,609 | $6,968,446 |
Nebraska Alpha Gamma Sigma Alumnae Society Murdock, NE | $4,808,757 | $1,454,346 |
Alpha Gamma Rho Fraternity Stillwater, OK | $9,732,197 | $341,467 |