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MACMURRAY COLLEGE

447 E College Ave 
Jacksonville,  IL  62650

GENERAL INFORMATION

  • This organization is a 501(c)(3) Public Charity.
  • Financial information in this report is derived from the organization's May 31, 2016 Form 990.

Web Site

www.mac.edu


MISSION AND PROGRAMS

Mission

MacMurray College transforms students' lives by providing a career-directed liberal arts education, preparing students for personal and professional success and life-long learning. We educate students to be critical thinkers and effective communicators who are knowledgeable about pivotal ideas and ethical insights that have shaped human civilizations and who can apply this knowledge to contemporary social problems and their chosen fields of study. Inspired and informed by our shared heritage with the United Methodist Church, MacMurray College is committed to serving society by graduating professionals prepared to lead the next generation and by providing outreach programming and service.

Programs

Education and training of students-Provide facilities and resources to students


Balance Sheet Fiscal Year Ending May 31, 2016

Total Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Assets June 1, 2015May 31, 2016Change
Cash & Equivalent$2,600,402$2,452,830($147,572)
Accounts Receivable$3,231,979$3,772,256$540,277
Pledges & Grants Receivable$21,962$633,356$611,394
Receivable/Other Due to changes in the 2008 Form 990, this data is no longer reported.$0$0$0
Inventories for Sale or Use$54,990$49,702($5,288)
Investment/Securities Due to Changes in the 2008 Form, this value now includes Publicly Traded Securities as well as Other Securities. $11,794,048$11,939,659$145,611
Investment/Other Due to various changes in the way this data is reported in the 2008 Form 990, it may not be possible to accurately compare this data from the 2008 form 990 against the same field on prior forms $0$0$0
Fixed Assets The 2008 form does not distinguish between LBE as investments and LBE as fixed assets. This value is equivalent to the sum of both line items on earlier forms (Part IV line 55 plus line 57). $10,576,717$10,988,934$412,217
Other Program Related Investments is now a separate field on the new form, Part X-13(A) and (B). $685,683$541,824($143,859)
Total Assets:$28,965,781$30,378,561$1,412,780

LiabilitiesJune 1, 2015May 31, 2016Change
Accounts Payable$779,525$1,024,055$244,530
Grants Payable$2,643,623$2,681,737$38,114
Deferred Revenue$525,468$299,874($225,594)
Loans and Notes The value on this line may now include payables to former employees, disqualified persons and unrelated third parties. $0$0$0
Tax-Exempt Bond Liabilities$0$0$0
Other Due to various changes in the way this data is reported in the 2008 Form 990, it may not be possible to accurately compare this data from the 2008 Form 990 against the same field on prior forms $261,546$593,130$331,584
Total Liabilities:$4,210,162$4,598,796$388,634

Fund Balance:$24,755,619$25,779,765$1,024,146
 


 
 

Basic Information

 
 
EIN:37-0661217
Ruling Year: 1942
Fiscal Year End Date: May 31, 2016
Assets: $30,378,561
(from May 31, 2016 Form 990)
Income: $19,176,319
(from May 31, 2016 Form 990)
 
 

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