Report for AY 11-12, presented to the Senate on 15 Feb '12..
Report for AY 10-11, presented to the Senate on 6 Apr '11.
Various documents from the All University Finance Committee
useful for our work:
J. Magliolo's update to the senate on 3 November 2010
SMU's budget for 2010-2011
Budgets for years prior to 2010
The distribution of (instructional) faculty salary raises from Fall
2010 to Fall 2011, with and without the effect of promotion, and
summed over the university, is listed here. Corresponding distributions from
Fall 2008 to Fall 2009 are found here.
Non-profit organizations described under section 501(c)(3) of the
Internal Revenue Code are required to file "form 990" with the IRS to
maintain their tax exempt status. SMU does so. The form lists a
variety of financial information, including "base" total compensation
paid to "officers, key employees," vice-presidents of various flavors,
coaches, etc. (See pp 50-52, or so.) It also lists things the amount
of tuition received, board of trustees members, lobbying expenditures,
endowment, amount spent on fund raising, etc. The form is signed by
Christine Casey, VP of finance and business and is by law publicly
accessible. You may secure a copy by contacting SMU's controller's
office, visiting
www.guidestar.org, or visiting the local IRS office downtown at
1100 Commerce St. The contents of the form are presumably the most
accurate information we are likely to secure if we want to track
trends in compensation paid to upper level administrators (and
athletic coaches).
A time ordered list of SMU IRS form 990s is listed below. The titles
reflect the appropriate SMU fiscal year, which concludes on 31 May.
Normally, the organization must file by the 15th day of the 5th month
following the close of its fiscal year but a four month extension can
be filed. SMU seems to do that so there is usually a lag between the
current date and the most recent available form.
form990_2016
form990_2015
form990_2014
form990_2013
form990_2012
form990_2011
form990_2010
form990_2009
form990_2008
form990_2007
form990_2006
form990_2005
form990_2004
form990_2002
The Chronicle of Higher Education
published on 14 November 2010 a useful article explaining IRS form 990, as a sister
article to one about the most
highly paid private university presidents for 2008. A table listing private
university president's with the highest total compensation, as
well as a table of those presidents still on
the job as of 2008, were also included as companion documents.
Ensuring quality higher education is practically available to a very
wide portion of society requires its cost be affordable. A
useful interactive tool for monitoring tuition increases from
1999-2010 for both private and public institutions is available from
the Chronicle of Higher Education. You will note that SMU has the most
expensive tuition and fees in Texas, followed, in order, by Rice,
Southwestern and Trinity. Its tuition and fees increased by 5.9% for
2010 compared to 2009. Note that these figures do not include
the ameliorative effects of grants and student aid.
To provide context for various tuition costs and faculty salaries, a
useful monitor is the consumer price index (CPI) for the "South Urban"
portion of the US, calculated by the
Bureau of Labor Statistics. The most recent numbers for the CPI-U
for the past month and year are located on the CPI home page. For tracking long
term purchasing power of a salary, the CPI inflation
calculator is useful, although this is an average over all urban
areas in the country.
Tuition Over Time
Last edit: 27 Nov '10
Consumer Price Index
Last edit: 15 Feb '12