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MARSHALL UNIVERSITY RESEARCH CORPORATION
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MARSHALL UNIVERSITY RESEARCH CORPORATION
Huntington, WV, US
•
501(c)3
•
EIN
55-0683361
•
www.marshall.edu/murc/
•
Parent Organization
MARSHALL UNIVERSITY RESEARCH CORPORATION
Sign up to claim this org
Huntington, WV, US
•
501(c)3
•
EIN
55-0683361
•
www.marshall.edu/murc/
•
Parent Organization
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$75,676,338
Government Grants
80%
Other
8%
Contributions
8%
Investments
5%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$66,279,427
Salaries & Benefits
55%
Other
28%
Fees to Service Providers
9%
Grants
4%
Depreciation
3%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,911,443
$5,686,371
+45%
Government Grants
$49,161,850
$60,567,962
+23%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,929,517
$3,440,419
+17%
Other
$5,564,515
$5,981,586
+7%
Total Revenues
$61,567,325
$75,676,338
+23%
Expenses
2023
2024
Change
Grants
$1,514,164
$2,398,594
+58%
Benefits to Members
$0
$0
-
Salaries & Benefits
$31,709,280
$36,675,943
+16%
Fees to Service Providers
$7,774,694
$5,667,476
-27%
Advertising & Promotion
$363,529
$329,272
-9%
Offices, Occupancy & IT
$1,381,451
$870,450
-37%
Interest
$26,426
$17,826
-33%
Depreciation
$1,382,706
$2,019,243
+46%
Other
$16,729,394
$18,300,623
+9%
Total Expenses
$60,881,644
$66,279,427
+9%
Net income
2023
2024
Change
Net income
+$685,681
+$9,396,911
+1270%
Functional Expenses
Summary
2023
2024
Change
Program
$57,260,055
$62,405,527
+9%
Admin
$3,156,902
$3,277,062
+4%
Fundraising
$464,687
$596,838
+28%
Total Expenses
$60,881,644
$66,279,427
+9%
Income Statement