Southern Methodist University is located in Dallas, TX. The organization was established in 1933. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2020, Southern Methodist University employed 6,467 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 05/2020, Southern Methodist University generated $940.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $840.1m during the year ending 05/2020. While expenses have increased by 4.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Southern Methodist University has awarded 29 individual grants totaling $2,289,112. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL: INSTRUCTIONAL PROGRAMS INCLUDE ACADEMIC INSTRUCTION AND SERVICES FOR UNDERGRADUATE AND GRADUATE STUDENTS INCLUDING FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. STUDENT ENROLLMENT FOR FALL SEMESTER 2018 WAS 11,666 AND SPRING SEMESTER 2019 WAS 11,340.
AUXILIARY ACTIVITIES: THIS CATEGORY INCLUDES ATHLETIC EXPENDITURES AND SERVICES THAT SUPPORT EDUCATIONAL ACTIVITIES. SERVICES INCLUDE BOOKSTORE, STUDENT HOUSING, VENDING AND FOOD ADMINISTRATION AND INDEPENDENT OPERATIONS.
SPONSORED RESEARCH: SPONSORED RESEARCH INCLUDES EXPENDITURES FOR ALL ACTIVITIES THAT ARE PART OF THE UNIVERSITY'S RESEARCH PROGRAM, INCLUDING ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH OUTCOMES, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION.
ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Jankovich Basketball C | 37.5 | $2,126,307 | |
R Gerald Turner President/tr | OfficerTrustee | 37.5 | $1,422,275 |
Daniel Dykes Athletic Coa | 37.5 | $1,249,524 | |
Richard Hart Athletics Di | 37.5 | $798,650 | |
Paul Ward VP Legal Aff | Officer | 37.5 | $659,059 |
Rakesh Dahiya Treasurer | Officer | 37.5 | $655,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Spring Valley Construction Company | 5/30/20 | $10,270,321 |
Siemens Building Technologies Inc Construction | 5/30/20 | $34,611,868 |
Aramark Corporation Dining | 5/30/20 | $18,928,725 |
Hc Beck Construction | 5/30/20 | $22,371,376 |
Schwob Building Company Ltd | 5/30/20 | $7,571,624 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,449,396 |
Related organizations | $0 |
Government grants | $30,091 |
All other contributions, gifts, grants, and similar amounts not included above | $197,130,642 |
Noncash contributions included in lines 1a–1f | $15,566,656 |
Total Revenue from Contributions, Gifts, Grants & Similar | $198,610,129 |
Total Program Service Revenue | $669,174,163 |
Investment income | $18,315,540 |
Tax Exempt Bond Proceeds | $2,521,050 |
Royalties | $6,507,702 |
Net Rental Income | $42,000 |
Net Gain/Loss on Asset Sales | $46,516,359 |
Net Income from Fundraising Events | $1,055,063 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $940,657,128 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $251,745 |
Grants and other assistance to domestic individuals. | $221,418,428 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $6,346,942 |
Compensation of current officers, directors, key employees. | $4,520,867 |
Compensation to disqualified persons | $1,342,662 |
Other salaries and wages | $263,965,430 |
Pension plan accruals and contributions | $19,670,255 |
Other employee benefits | $37,652,369 |
Payroll taxes | $16,413,565 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,620,875 |
Fees for services: Accounting | $476,285 |
Fees for services: Lobbying | $120,788 |
Fees for services: Fundraising | $868,455 |
Fees for services: Investment Management | $11,233,468 |
Fees for services: Other | $38,045,722 |
Advertising and promotion | $3,734,808 |
Office expenses | $14,874,442 |
Information technology | $18,681,282 |
Royalties | $14,711 |
Occupancy | $39,777,056 |
Travel | $13,959,954 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,697,471 |
Interest | $21,062,323 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $49,537,983 |
Insurance | $4,480,634 |
All other expenses | $0 |
Total functional expenses | $840,116,277 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $89,962,597 |
Savings and temporary cash investments | $65,645,733 |
Pledges and grants receivable | $207,082,768 |
Accounts receivable, net | $120,671,906 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,608,926 |
Inventories for sale or use | $393,052 |
Prepaid expenses and deferred charges | $11,015,756 |
Net Land, buildings, and equipment | $1,147,483,572 |
Investments—publicly traded securities | $523,276,516 |
Investments—other securities | $1,311,265,077 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $31,649 |
Total assets | $3,480,437,552 |
Accounts payable and accrued expenses | $148,230,378 |
Grants payable | $0 |
Deferred revenue | $55,199,705 |
Tax-exempt bond liabilities | $503,581,071 |
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 | $0 |
Other liabilities | $192,321,382 |
Total liabilities | $899,332,536 |
Net assets without donor restrictions | $677,266,016 |
Net assets with donor restrictions | $1,903,839,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,480,437,552 |
Over the last fiscal year, Southern Methodist University has awarded $47,417 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Fort Worth, TX PURPOSE: PROGRAM SUPPORT | $12,417 |
HEALTHY LATINA LIFESTYLE PURPOSE: PROGRAM SUPPORT | $10,000 |
Dallas, TX PURPOSE: PROGRAM SUPPORT | $9,500 |
Irving, TX PURPOSE: PROGRAM SUPPORT | $8,000 |
Los Angeles, CA PURPOSE: PROGRAM SUPPORT | $7,500 |
Over the last fiscal year, we have identified 52 grants that Southern Methodist University has recieved totaling $2,471,425.
Awarding Organization | Amount |
---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: THRIVING CONGREGATIONS INITIATIVE | $540,000 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: THRIVING CONGREGATIONS INITIATIVE | $459,975 |
Craig & Carrie Levering Charitable Foundation Dallas, TX PURPOSE: EDUCATION | $275,000 |
Craig & Carrie Levering Charitable Foundation Dallas, TX PURPOSE: EDUCATION | $275,000 |
Gerald J Ford Family Foundation Dallas, TX PURPOSE: GENERAL SUPPORT - ATHLETIC DIRECTOR'S SUPPORT FUND | $200,000 |
Gerald J Ford Family Foundation Dallas, TX PURPOSE: GENERAL SUPPORT - ATHLETIC DIRECTOR'S SUPPORT FUND | $200,000 |
Beg. Balance | $1,607,333,154 |
Earnings | $40,355,352 |
Admin Expense | $22,214,376 |
Net Contributions | $43,348,622 |
Other Expense | $51,262,399 |
Grants | $17,347,555 |
Ending Balance | $1,600,212,798 |
Organization Name | Assets | Revenue |
---|---|---|
William Marsh Rice University Houston, TX | $8,424,555,000 | $976,544,472 |
Southern Methodist University Dallas, TX | $3,480,437,552 | $940,657,128 |
Texas Christian University Fort Worth, TX | $3,496,000,306 | $895,084,917 |
University Of The Incarnate Word San Antonio, TX | $487,005,002 | $259,002,070 |
Trinity University San Antonio, TX | $1,696,019,714 | $216,246,276 |
Abilene Christian University Abilene, TX | $773,960,218 | $252,996,672 |
St Edwards University Austin, TX | $377,920,423 | $208,782,526 |
Loyola University New Orleans, LA | $507,723,751 | $180,729,254 |
Harding University Searcy, AR | $398,070,168 | $176,306,238 |
Texas A&m Foundation College Station, TX | $2,465,090,742 | $282,467,067 |
St Marys University Of San Antonio San Antonio, TX | $341,447,478 | $152,177,233 |
Oral Roberts University Tulsa, OK | $217,101,952 | $154,062,702 |