MISSOURI STATE UNIVERSITY FOUNDATION

EIN: 431234200 501(c)(3) Education

SPRINGFIELD, MO

Total Revenue
$55,596,087
Total Expenses
$27,588,775
Total Assets
$220,115,120
Net Assets
$203,952,196
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MO
Phone
4178365632
Tax Period
2023-07-01 to 2024-06-30

MISSOURI STATE UNIVERSITY FOUNDATION, founded in 1981, is a mid-sized nonprofit in the Education sector that reported $55.6M in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28.0M, a strong 50% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO DEVELOP AN ENVIRONMENT WHICH PROMOTES GIVING AND THEREIN SEEK, RECEIVE, MANAGE AND DISTRIBUTE RESOURCES IN A MANNER APPROPRIATE TO SUPPORT PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE OF THE UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $21,579,145 Revenue: $5,893,118

MISSOURI STATE UNIVERSITY FOUNDATION'S PRIMARY PURPOSE IS TO SUPPORT MISSOURI STATE UNIVERSITY (MSU) BY HOLDING FUNDRAISING CAMPAIGNS AND SPECIAL EVENTS. THE ORGANIZATION PROVIDES SUPPORT FOR...

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MISSOURI STATE UNIVERSITY FOUNDATION'S PRIMARY PURPOSE IS TO SUPPORT MISSOURI STATE UNIVERSITY (MSU) BY HOLDING FUNDRAISING CAMPAIGNS AND SPECIAL EVENTS. THE ORGANIZATION PROVIDES SUPPORT FOR INSTRUCTION AND ACADEMIC PROGRAMS, STUDENT SERVICES, BROADCAST SERVICES, CAPITAL PROJECTS, AND THE GREAT SOUTHERN BANK ARENA, AS WELL AS GENERAL INSTITUTIONAL SUPPORT.

Program 2
Expenses: $4,379,277

MISSOURI STATE UNIVERSITY FOUNDATION ALSO PROVIDES SCHOLARSHIPS TO INDIVIDUALS. DURING THE YEAR, 2,028 INDIVIDUALS RECEIVED SCHOLARSHIPS FROM THE FOUNDATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,361,543
Program Service Revenue $5,893,118
Investment Income $14,100,345
Other Revenue $241,081
TOTAL REVENUE $55,596,087

Expense Breakdown

Grants Paid $20,916,118
Salaries & Benefits $4,906,484
Fundraising Expenses $857,145
Program Expenses $25,958,422
Other Expenses $1,766,173
TOTAL EXPENSES $27,588,775

Year-over-Year Comparison

2023 2022 Change
Revenue $55,596,087 $35,483,515 +0.6%
Expenses $27,588,775 $37,440,927 -0.3%
Net Income $28,007,312 $-1,957,412 -15.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
77
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$835,399
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEVERLY KELTNER CHAIR ELECT, BEG 1/24 1.0
Officer Director
$0 $0 $0
JIM WILSON CHAIR, BEG 1/24 1.0
Officer Director
$0 $0 $0
BONNALIE O CAMPBELL TRUSTEE 1.0
Director
$0 $0 $0
DIANE JENKINS TRUSTEE 1.0
Director
$0 $0 $0
JOHN D FOSTER TRUSTEE 1.0
Director
$0 $0 $0
JUDY BREEDING TRUSTEE 1.0
Director
$0 $0 $0
MARK MCQUEARY CHAIR, END 1/24 1.0
Director
$0 $0 $0
MARY H SCHRAG TRUSTEE 1.0
Director
$0 $0 $0
MATT HARTHCOCK TRUSTEE, BEG 1/24 1.0
Director
$0 $0 $0
TIM FOOTE TRUSTEE 1.0
Director
$0 $0 $0
CINDY BUSBY SECRETARY, END 1/24 14.0
Officer
$27,928 $27,722 $107,516
CYNTHIA SCHULL TREASURER, BEG 7/23 8.0
Officer
$27,297 $55,201 $191,685
JENNIFER WETER SECRETARY, BEG 1/24 14.0
Officer
$18,898 $22,119 $76,113
STEPHEN A FOUCART TREASURER, END 7/23 8.0
Officer
$36,056 $33,055 $213,335
W BRENT DUNN EXECUTIVE DIRECTOR 24.0
Officer
$108,681 $65,615 $246,750
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $55,596,087 $27,588,775 $220,115,120 $28,007,312
2023 $35,483,515 $37,440,927 $195,800,390 $-1,957,412
2022 $43,988,048 $31,865,873 $181,048,286 $12,122,175
2021 $33,993,322 $24,268,361 $193,009,225 $9,724,961
2020 $43,600,075 $18,702,672 $170,270,696 $24,897,403
2019 $30,830,680 $25,214,688 $145,791,735 $5,615,992
2018 $26,127,579 $34,288,490 $144,706,479 $-8,160,911
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