Finance 2009-10
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Finance - Public institutions
Reporting Standard
Please indicate which reporting standards are used to prepare your financial statements:
      GASB (Governmental Accounting Standards Board), using standards of GASB 34 & 35
 FASB (Financial Accounting Standards Board)
Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data.
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Finance - Public institutions
Form Version
Finance - Public Institutions
The survey for GASB has been realigned to improve commonality and comparability of the finance data, however reporting in the new format is OPTIONAL for Fiscal Year 2008-09. Please indicate in which version you will report finance data:
      GASB, using standards of GASB 34 & 35
 Aligned GASB, using standards of GASB 34 & 35 (OPTIONAL in Fiscal Year 2008-09)
Please consult your business officer for the correct response before saving this screen. Your response to this question will determine the forms you will receive for reporting finance data.
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Finance - Public institutions
General Information
Finance - Public Institutions (unaligned form)
To the extent possible, the finance data requested in this report should be provided from your institution's audited General Purpose Financial Statement (GPFS). Please refer to the instructions specific to each page of the survey for detailed instruction and references.
1. Fiscal Year Calendar
This report covers financial activities for the 12-month fiscal year: (The fiscal year reported should be the most recent fiscal year ending before October 1, 2009.)
Beginning: month/year (MMYYYY)Month:Year:
And ending: month/year (MMYYYY)Month:Year:
2. Audit Opinion
Did your institution receive an unqualified opinion on its General Purpose Financial Statements from your auditor for the fiscal year noted above? (If your institution is audited only in combination with another entity, answer this question based on the audit of that entity.)
    UnqualifiedQualified
(Explain in
box below)		Don't know
(Explain in
box below)               
3. Reporting Model
GASB Statement No. 34 offers three alternative reporting models for special-purpose governments like colleges and universities. Which model is used by your institution ?
     Business Type Activities
 Governmental Activities
 Governmental Activities with Business-Type Activities
4. Intercollegiate Athletics
If your institution participates in intercollegiate athletics, are the expenses accounted for as auxiliary enterprises or treated as student services?
 
    Auxiliary enterprises               
    Student services               
    Does not participate in intercollegiate athletics               
    Other (specify in box below)               
5. Endowment Assets
Does this institution or any of its foundations or other affiliated organizations own endowment assets ?
    Yes - (report endowment assets)               
 No
6.Component Units
Each discretely presented component unit should be reported in the same manner and amounts as included on the face of the institution's GPFS. There should be one Finance Survey component unit form (Part F or G) completed for each column on the face of the GPFS other than the institution itself, whether that column represents a single component unit or a combination of component units.
    Number of component unit columns on GPFS using FASB standards
 Number of component unit columns on GPFS using GASB standards
You may use the space below to provide context for the data you've reported above.
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part A - Statement of Net Assets
Fiscal Year 2009
 
Line no.DescriptionCurrent year amountPrior year amount
 Current Assets  
01Total current assets 373,140,060
 
 Noncurrent Assets  
02Capital assets - depreciable (gross) 1,286,367,390
03Accumulated depreciation 552,184,470
31Capital assets, net of depreciation
CV=(A02-A03)		859,588,827 734,182,920
04Other noncurrent assets
CV=[A05-(A02-A03)]		64,410,185 181,977,321
05Total noncurrent assets 916,160,241
 
06Total assets
CV=(A01+A05)		1,331,492,791 1,289,300,301
 
 Current Liabilities  
07Long-term debt, current portion 19,961,185
08Other current liabilities
CV=(A09-A07)		98,289,776 99,433,233
09Total current liabilities 119,394,418
 
 Noncurrent Liabilities  
10Long-term debt 331,187,425
11Other noncurrent liabilities
CV=(A12-A10)		41,726,739 43,932,004
12Total noncurrent liabilities 375,119,429
 
13Total liabilities
CV=(A09+A12)		476,185,881 494,513,847
 
 Net Assets  
14Invested in capital assets, net of related debt 488,435,394
15Restricted-expendable 54,563,132
16Restricted-nonexpendable 20,491,382
17Unrestricted
CV=[A18-(A14+A15+A16)]		256,575,680 231,296,546
18Total net assets
CV=(A06-A13)		855,306,910 794,786,454
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part A - Plant, Property, and Equipment
Fiscal Year 2009
 
Line No.DescriptionBeginning
balance		AdditionsRetirementsEnding balance
 Plant, Property, and Equipment    
 
21Land & land improvements0
22Infrastructure0
23Buildings0
24Equipment7,541,156
25Art and library collections4,705,781
26Property obtained under capital leases
(if not included in equipment)		0
27Construction in progress119,567
Total for Plant, Property and Equipment
CV = (A21+ .. A27)		1,383,639,66374,654,87812,366,5041,445,928,037
28Accumulated depreciation11,841,697
 
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No.Source of FundsCurrent year amountPrior year amount
 Operating Revenues  
01Tuition & fees, after deducting discounts & allowances209,039,904
 Grants and contracts - operating  
02Federal operating grants and contracts199,925,824
03State operating grants and contracts11,302,001
04Local government/private operating grants and contracts73,638,903
05Sales & services of auxiliary enterprises,
after deducting discounts & allowances		140,218,303
06Sales & services of hospitals,
after deducting patient contractual allowances		0
07Independent operations0
08Other sources - operating
CV=[B09-(B01+ ....+B07)]		177,339,487162,892,608
09Total operating revenues797,017,543
 
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No.Source of fundsCurrent year amountPrior year amount
 Nonoperating Revenues  
10Federal appropriations0
11State appropriations226,982,455
12Local appropriations, education district taxes, & similar support0
 Grants-nonoperating  
13Federal nonoperating grants17,165,256
14State nonoperating grants0
15Local government nonoperating grants0
16Gifts, including contributions from affiliated organizations34,985,672
17Investment income 4,119,524
18Other nonoperating revenues
CV=[B19-(B10+...+B17)]		00
19Total nonoperating revenues283,252,907
 
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2009
 
Line No.Source of fundsCurrent year amountPrior year amount
 Other Revenues and Additions  
20Capital appropriations3,012,000
21Capital grants & gifts3,515,387
22Additions to permanent endowments6,701
23Other revenues & additions
CV=[B24-(B20+...+B22)]		00
24Total other revenues and additions6,534,088
 
25Total all revenues and other additions
CV=(B09+B19+B24)		1,137,656,1741,086,804,538
 
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Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part C - Expenses and Other Deductions
Fiscal Year 2009
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Operating Expenses 
01Instruction58,409,513
02Research56,743,593
03Public service38,812,990
05Academic support25,245,766
06Student services10,817,161
07Institutional support4,132,356
08Operation & maintenance
of plant		46,335,976
09Depreciation  45,649,3210
10Scholarships and fellowships
expenses, excluding discounts & allowances		 8,036,609
11Auxiliary enterprises40,592,164
12Hospital services0
13Independent operations0
14Other expenses
& deductions
CV=[C15-(C01+...+C13)]		2,288,6081,968,096320,51002
15Total operating expenses289,126,130
 Prior year amount970,478,324496,260,902160,717,37242,605,250270,894,800
 
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part C - Expenses and Other Deductions
Fiscal Year 2009
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Nonoperating Expenses and Deductions     
16Interest   14,744,917
17Other nonoperating expenses & deductions (CV)
CV=(C18-C16)		23,190,43800023,190,438
18Total nonoperating
expenses & deductions (CV)
CV=(C19-C15)		37,935,35500037,935,355
 
19Total expenses & deductions327,061,485
 Prior year amount1,014,062,879496,260,902160,717,37242,605,250314,479,355
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part D - Summary of Changes In Net Assets
Fiscal Year 2009
 
Line No.DescriptionCurrent year amountPrior year amount
01Total revenues & other additions (from B25)1,137,656,1741,086,804,538
 
02Total expenses & deductions (from C19)1,071,499,8811,014,062,879
 
03Change in net assets during year
CV=(D01-D02)		66,156,29372,741,659
04Net assets beginning of year724,915,052
05Adjustments to beginning net assets
CV=[D06-(D03+D04)]		129,151-2,870,257
06Net assets end of year (from A18)855,306,910794,786,454
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part E - Scholarships and Fellowships
Fiscal Year 2009
   
Line No.SourceCurrent year amountPrior year amount
01Pell grants (federal)15,917,473
02Other federal grants2,056,612
03Grants by state government0
04Grants by local government0
05Institutional grants from restricted resources15,263,642
06Institutional grants from unrestricted resources
CV=[E07-(E01+...+E05)]		8,233,1006,080,886
07Total gross scholarships and fellowships39,318,613
 
 Discounts and Allowances  
08Discounts & allowances applied to tuition & fees31,230,863
09Discounts & allowances applied to sales & services of
auxiliary enterprises
CV= (E10-E08)		00
10Total discounts & allowances
CV=(E07-E11)		36,395,26031,230,863
 
11Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)		8,036,6098,087,750
 
You may use the space below to provide context for the data you've reported above.
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part H - Details of Endowment Assets
Fiscal Year 2009
Line No.Value of Endowment AssetsMarket ValuePrior Year Amounts
  Include not only endowment assets held by the institution, but any assets held by private foundations affiliated with the institution.  
01Value of endowment assets at the beginning of the fiscal year  623,616,859
02Value of endowment assets at the end of the fiscal year  601,932,876
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part J - Revenue Data for Bureau of Census
Fiscal Year 2009
Source and typeAmount
Total for all funds
and operations
(includes
endowment funds,
but excludes component units)		Education and general/independent operationsAuxiliary enterprises Hospitals Agriculture extension/experiment services
 (1)  (2)(3)(4)(5)
01Tuition and fees269,677,068269,677,068   
02Sales and services189,902,112147,482,4110
03Federal grants/contracts (excludes Pell Grants)184,940,939
 Revenue from the state government:
04State appropriations, current & capital242,165,924
05State grants and contracts14,831,157
 Revenue from local governments:
06Local appropriation, current & capital0
07Local government grants/contracts523,837
08Receipts from property and non-property taxes 
09Gifts and private grants, including capital grants 
10Interest earnings 
11Dividend earnings 
12Realized capital gains 
 
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Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part K - Expenditure Data for Bureau of Census
Fiscal Year 2009
CategoryAmount
Total for all funds and operations (includes endowment funds, but excludes component units)Education and general/
independent operations		Auxiliary enterprisesHospitals Agriculture extension/
experiment services
 (1)(2)(3)(4)(5)
01Salaries and wages520,733,64767,301,5540
02Employee benefits, total178,055,42823,710,9660
03Payment to state retirement funds (maybe included in line 02 above)8,759,262
04Current expenditures other than salaries306,752,107
 Capital outlay: 
05Construction0
06Equipment purchases14,588,874
07Land purchases101,986,789
08Interest on debt outstanding, all funds & activities 
09Scholarships/fellowships44,431,86944,431,869 
 
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Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part L - Debt and Assets, page 1
Fiscal Year 2009
Debt
CategoryAmount
01Long-term debt outstanding at beginning of fiscal year
02Long-term debt issued during fiscal year
03Long-term debt retired during fiscal year
04Long-term debt outstanding at end of fiscal year
05Short-term debt outstanding at beginning of fiscal year
06Short-term debt outstanding at end of fiscal year
 
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Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part L - Debt and Assets, page 2
Fiscal Year 2009
Assets
CategoryAmount
07Total cash and security assets held at end of fiscal year in sinking or debt service funds
08Total cash and security assets held at end of fiscal year in bond funds
09Total cash and security assets held at end of fiscal year in all other funds
 
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Institution:  Indiana University-Purdue University-Indianapolis (151111) User ID:  88G2401
Explanation Report
Number Source Location Description Severity Accepted
Global Edits
1 Perform Edits Depreciation expense is expected to be greater than or equal to current year additions to accumulated depreciation in Part A. Please fix or explain. Explanation Yes
Reason: Depreciation expense listed in Section C line 9 is reported as less than the Accumulated Depreciation listed in Section A line 28 due to inter-campus transfer of equipment/depreciation. All transfers and adjustments are added to the Additions column for accuracy. These transfers net to zero for the university as a whole. For IUPUI, which received the transfer, Depreciation Expense is less than additions to Accumulated Depreciation. For other IU campuses, where the transfer originated, Depreciation Expense is more than the additions to Accumulated Depreciation.
Global Edits
2 Perform Edits This number should be greater than zero. Please explain. Explanation Yes
Reason: Line B17 - Investment Income is stated as negative due to unrealized investment losses during the year.