2024-04-15T21:50:23+00:00 2023-05-31 440160260 FORVIS LLP 910 E St Louis 200 PO Box 1190 Springfield MO 658062523 990 2022-06-01 440552049 Drury University DRUR 4178737527 900 N Benton Avenue Springfield MO 65802 Deb ONeal Interim Chief Financial Officer 4718737527 2024-04-16 true DEB ONEAL 999009999 true BRIAN D TODD P00422601 4178658701 2024-04-15 2022 2023-04-26 12:10:37Z Deb ONeal 900 N Benton Avenue Springfield MO 65802 153592950 false X https://www.drury.edu X 1873 MO Drury University is an independent university, church-related, grounded in the liberal arts tradition and committed to personalized education in a community of scholars who value the arts of teaching and learning. 31 31 1250 150 57972 0 8552809 18213712 59796737 64413787 5416731 32187509 1954790 -18752 75721067 114796256 27332382 29304234 0 0 30854600 30669129 0 0 1614659 21271020 26031900 79458002 86005263 -3736935 28790993 197297672 195692693 50976627 54638974 146321045 141053719 Drury University is an independent university, church-related, grounded in the liberal arts tradition and committed to personalized education in a community of scholars who value the arts of teaching and learning. Education at Drury seeks: -To cultivate spiritual sensibilities and imaginative faculties as well as ethical insight and critical thought - To foster the integration of theoretical and practical knowledge - To liberate persons to participate in and contribute to life in a global community false false 29304234 29304234 Scholarships and Financial Aid: Drury is committed to providing a quality education with lifelong value at an affordable cost. More than 90% of Drury students receive financial aid. 25023425 53862324 Instruction: Activities that are part of Drury University's program of instruction that combine professional training with liberal arts education. More than 50 majors are offered to Drury's approximate 1400 full time students as well as approximately 800 students enrolled in evening, online, and graduate programs. 13459300 0 10551463 Auxiliary Enterprises: Activities incurred to provide goods and services to students, faculty and staff and for which fees are charged to cover the approximate costs of the good or service. Includes student housing and food services as the largest components, with Intercollegiate Athletics and other self supporting activities. 67786959 true true false false false false false false true true true false true true false true false true false true false false false true false false false true true true false false false false false false false false false false true false false false false false false false false true 298 0 1250 true false false false false false true true false false false false false false X 31 31 false false false false false false false true true false false false true true true true true true true false DEB ONEAL 4178737526 900 N BENTON SPRINGFIELD MO 65802 Jan Baumgartner Board of Trustees - Treasurer 2.0 X X 0 0 0 Rita Baron Board of Trustees - Chair 2.0 X X 0 0 0 Steve Edwards Board of Trustees - Vice Chair 2.0 X X 0 0 0 William Hart Board of Trustees - Secretary 2.0 X X 0 0 0 Beth Pile Trustee 2.0 X 0 0 0 Bill Ricketts Trustee 2.0 X 0 0 0 Carrie McLiney Trustee 2.0 X 0 0 0 Curtis Dinan Trustee 2.0 X 0 0 0 Diana Bugg Trustee 2.0 X 0 0 0 Frederick Ayre Trustee 2.0 X 0 0 0 Gail Fredrick Trustee 2.0 X 0 0 0 Gorm Tuxen Trustee 2.0 X 0 0 0 Isaac Cody Trustee 2.0 X 0 0 0 Jack Delo Trustee 2.0 X 0 0 0 James Spangler Trustee 2.0 X 0 0 0 Jane Brite Trustee 2.0 X 0 0 0 Jason Jenkins Trustee 2.0 X 0 0 0 Jeana McFerron-Berron Trustee 2.0 X 0 0 0 Jennifer Mahaffey Trustee 2.0 X 0 0 0 Kimberly Hamm Trustee 2.0 X 0 0 0 Kris Anderson Trustee 2.0 X 0 0 0 Mark Walker Trustee 2.0 X 0 0 0 Rob Dickerson Trustee 2.0 X 0 0 0 Robert Cox Jr Trustee 2.0 X 0 0 0 Ronald Neville Trustee 2.0 X 0 0 0 Steve Seibert Trustee 2.0 X 0 0 0 Terry Reynolds Trustee 2.0 X 0 0 0 Thomas Prater Trustee 2.0 X 0 0 0 Thomas Stout Trustee 2.0 X 0 0 0 Tim Reese Trustee 2.0 X 0 0 0 Walter George III Trustee 2.0 X 0 0 0 Aaron Jones EVP of University Relations 40.0 X 159411 0 24726 Beth Harville EVP of Academic Affairs/Provost 40.0 X 205291 0 19468 J Timothy Cloyd University President 40.0 X 357295 0 55907 James Wayne Chipman SR VP Major Gifts and Planned Giving 40.0 X 177623 0 25239 Kevin Kropf EVP of Enrollment Management 40.0 X 168653 0 26729 Marie Muhvic EVP of University Advancement 40.0 X 213321 0 36355 Robert Fridge EVP of Administrative Services and Chief Financial Officer 40.0 X 163711 0 18727 Tijuana Julian EVP of Student Affairs 40.0 X 138215 0 18698 Amy Eagan Head Coach - Women's Basketball 40.0 X 115295 0 12215 Christopher Foster Head Coach - Men's Basketball 40.0 X 119325 0 21974 Helen Jane Whiteaker-Poe Assistant Professor 40.0 X 116036 0 16497 Kathleen Flach Director of Physician Assistant Studies 40.0 X 157955 0 15505 Robert Weddle Professor 40.0 X 120752 0 17659 2212883 0 309699 20 false true false Nabholz Construction Services - Spfd PO Box 277 Rogers AR 727570277 Construction 6846178 Fresh Ideas Management LLC 3220 Vandiver Drive Columbia MO 65202 Food Service 1720170 CDW Government LLC 75 Remittance Drive Suite 1515 Chicago IL 606751515 Data Storage and Networking Equipment 1056322 Grooms Office Environments 1285 E Montclair Springfield MO 65804 Furniture 1004023 Cooper Robertson & Partners 123 William Street Floor 27 New York NY 10038 Architectural Services 684368 37 161675 1231971 16820066 8744352 18213712 Student Tuition and Fees 611710 53862324 53862324 Auxiliary Enterprises 611710 8992683 8992683 Other Program Revenue 611710 1558780 1558780 0 0 0 0 64413787 33314837 57972 33256865 58420 58420 0 58420 58420 37552189 38679517 -1127328 0 -1127328 -1127328 40005 161675 117177 -77172 -77172 0 0 0 0 0 114796256 64413787 57972 32110785 29304234 29304234 1773717 810602 963115 24283101 20450865 2661272 1170964 528404 448549 53950 25905 2227982 1845926 278723 103333 1855925 1517293 254883 83749 64753 64753 97409 97409 1914478 1283509 623079 7890 930137 144856 699777 85504 2341924 1180365 1161559 1664619 242498 1420110 2011 3832836 1012690 2818587 1559 2317023 2137280 46493 133250 1781591 1781591 4527613 3888280 639333 1144972 169687 975285 BAD DEBT 1905071 1905071 EQUIPMENT, REPAIRS/MAINTENANCE 1148943 1037186 111281 476 AUXILIARY 2198706 2158345 40361 PROFESSIONAL DEVELOPMENT 161825 154794 7013 18 0 0 0 0 86005263 67786959 16603645 1614659 8526041 1359329 8032758 12506048 5492531 5681896 2380108 505469 0 0 264372 159852 191777 210407 1768367 1713410 170868638 82850382 81951432 88018256 63176392 23347895 23103173 43512784 0 2410721 18677347 197297672 195692693 5534708 3771288 6936 531448 26903672 26018827 0 15184207 16021376 481349 3347104 7814686 50976627 54638974 X 52738327 63865482 93582718 77188237 146321045 141053719 197297672 195692693 X 28790993 -3643814 -440148 25643 X false true X true true true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 96988160 352870 -1572448 15862188 9121400 70784994 103664372 316615 -3938149 3054678 96988160 93282119 298754 16460477 6376978 103664372 96516597 347813 2229114 5811405 93282119 97510320 1740980 401512 3136215 96516597 0.1488 0.8512 true false 7876905 7876905 131513034 60183513 71329521 3921517 2336930 1584587 18975152 14727063 4248089 8582030 5602876 2979154 88018256 REAL ESTATE 12000 F FIXED INCOME FUNDS 26235873 F PRIVATE EQUITY FUNDS 17242982 F OTHER 21929 F 43512784 OTHER ASSETS ROU ASSETS - OPERATING 2370673 ROU ASSETS - FINANCE 2754003 UNITRUSTS AND GIFT ANNUITIES 1769857 BENEFICIAL INT. IN PERP. TRUST 7361082 INTEREST RATE SWAPS 3052186 CSV OF LIFE INSURANCE 735390 OTHER RECEIVABLES 634156 18677347 FUNDS HELD FOR OTHERS 795613 SPLIT-INTEREST AGREEMENTS 800069 ANNUITY AND TRUST OBLIGATONS 138733 OPERATING LEASE LIABILITIES 2419094 FINANCE LEASE LIABILITIES 3341566 ADVANCES FOR STUDENT LOANS 319611 ANNUITIES PAYABLE 7814686 52606849 -3643814 -28662770 -32306584 84913433 -117777 -117777 84795656 57434027 732998 732998 56701029 29304234 29304234 86005263 Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN VALUE OF INTEREST SWAP AGREEMENT - 641464 FINANCIAL AID - -29304234 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements DIRECT EXPENSES OF SPECIAL EVENTS - -117777 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 CHANGE IN SPLIT INTEREST AGREEMENTS - 615821 DIRECT EXPENSES OF SPECIAL EVENTS - 117177 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements FINANCIAL AID - 29304234 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY A non-discrimination statement is included on the application for admissions and published on the website. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Federal financial aid is received by students. Central America and the Caribbean 0 0 Investments INVESTMENTS 433558 0 0 0 0 0 0 433558 0 433558 true false false false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual ATHLETIC AUCTION 136538 130150 6388 6100 1225 288 75087 GOLF TOURNAMENT 65142 31525 33617 5500 27542 575 860 0 201680 161675 40005 6100 5500 28767 863 75947 117177 -77172 false SCHOLARSHIPS 2189 29304234 VALUE OF TUITION Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The Financial Aid Office monitors enrollment and makes regular adjustments to grants based on a student's enrollment status. When final enrollment status is verified after the drop/add deadline, grants are applied to student accounts. If a student does not begin attendance in one or more courses, grants are adjusted as required. X X true true X X X false true false false false false false false false J Timothy Cloyd University President 355586 0 0 0 1709 0 44750 0 11157 0 413202 0 0 0 Marie Muhvic EVP of University Advancement 213321 0 0 0 0 0 26450 0 9905 0 249676 0 0 0 Beth Harville EVP of Academic Affairs/Provost 205291 0 0 0 0 0 6300 0 13168 0 224759 0 0 0 James Wayne Chipman SR VP Major Gifts and Planned Giving 177623 0 0 0 0 0 5610 0 19629 0 202862 0 0 0 Kevin Kropf EVP of Enrollment Management 168653 0 0 0 0 0 5435 0 21294 0 195382 0 0 0 Robert Fridge EVP of Administrative Services and Chief Financial Officer 163711 0 0 0 0 0 5060 0 13667 0 182438 0 0 0 Aaron Jones EVP of University Relations 145431 0 0 0 13980 0 5097 0 19629 0 184137 0 0 0 Tijuana Julian EVP of Student Affairs 138215 0 0 0 0 0 4311 0 14387 0 156913 0 0 0 Kathleen Flach Director of Physician Assistant Studies 157955 0 0 0 0 0 4800 0 10705 0 173460 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use The President of Drury University resides in housing owned by Drury University. Schedule J, Part I, Line 1a Health or social club dues or initiation fees Drury University has a corporate membership to a country club property. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan TIMOTHY CLOYD AND MARIE MUHVIC PARTICIPATE IN A 457(F) NONQUALIFIED RETIREMENT PLAN. -TIMOTHY CLOYD RECEIVED AN EXECUTIVE 457(F) CONTRIBUTION OF $35,000 -MARIE MUHVIC RECEIVED AN EXEUCTIVE 457(F) CONTRIBUTION OF $20,000 A Health and Educational Facility 431178966 999999998 2016-12-29 31180000 Campus Building Projects false false false A 4790000 31180000 495000 30685000 false false true true A false false false false 0.0 false false true A false false false true false false false false true A true Schedule K, Part IV, Line 2c COLUMN A Issuer name: Health and Educational Facility The calculation for computing no rebate due was performed on 11/30/2021 X 15 8681060 Market value X AUCTION ITEMS 312 63292 Cost false false false Schedule M, Part I COLUMN B - NUMBER OF CONTRIBUTORS OR ITEMS CONTRIBUTED THE NUMBER REPORTED IN COLUMN B IS THE NUMBER OF CONTRIBUTIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE UNIVERSITY. PRIOR TO FILING, A COPY OF THE PUBLIC DISCLOSURE 990 WAS SENT TO EACH MEMBER OF THE GOVERNING BODY (BOARD OF TRUSTEES). ALL MEMBERS OF THE UNIVERSITY'S KEY MANAGEMENT TEAM, THE EXECUTIVE CABINET, ALSO REVIEWED AND APPROVED THE PUBLIC DISCLOSURE COPY OF THE 990 BEFORE ITS FILING. Form 990, Part VI, Line 12c Conflict of interest policy Conflict of interest forms are completed annually and reviewed. Any business conflicts of interest are also reviewed by General Counsel, Chief Financial Officer and VP of University Advancement. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE CHAIRMAN OF THE BOARD OF TRUSTEES COMPARES THE PRESIDENT'S COMPENSATION THROUGH VARIOUS INDUSTRY RESOURCES, THEN IT IS REVIEWED, DISCUSSED, DELIBERATED AND APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. Form 990, Part VI, Line 15b Process to establish compensation of other employees OFFICER SALARIES ARE REGULARLY REVIEWED AGAINST INDUSTRY BENCHMARKS BY THE UNIVERSITY PRESIDENT AND BOARD OF TRUSTEES WHERE APPLICABLE. Form 990, Part VI, Line 19 Required documents available to the public Requests for information will be evaluated on an individual basis. Form 990, Part XI, Line 9 Other changes in net assets or fund balances GAIN IN FAIR VALUE OF INTEREST SWAP AGREEMENT - 641464; DECREASE IN VALUE OF SPLIT INTEREST AGREEMENTS - -615821; FORM 990, PART I, LINE 1 DESCRIPTION OF ORGANIZATION MISSION TRADITION AND COMMITTED TO PERSONALIZED EDUCATION IN A COMMUNITY OF SCHOLARS WHO VALUE THE ARTS OF TEACHING AND LEARNING.