Overview
What is Mcmurry University?
Mcmurry University, founded in 1923 by the United Methodist Church, is a nonprofit institution located in Abilene, Texas (79697). With a low student-to-faculty ratio of 13 to 1 and an average class size of 14, Mcmurry challenges students academically and socially. The university offers 66 academic majors and 40 student organizations, making it an inclusive environment for approximately 1,237 racially and ethnically diverse students. Mcmurry provides professional preparation programs in various fields, including athletic training, engineering, allied health, dentistry, medicine, occupational therapy, pharmacy, physical therapy, veterinary medicine, law, ministry, as well as a Masters of Accountancy and Masters of Science in Nursing. The university boasts a student-run art gallery and artwork appraised at $164K. Mcmurry's School of Business has recently received a ten million dollar endowment, and business students can participate in managing a one million dollar investment fund. The organization's mission, rooted in Christian principles, encourages students to explore the complex world from multiple perspectives in preparation for lives of leadership, service, and professional success.
Official website here: www.mcm.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Mcmurry University has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96% in this category, which is based entirely on a thorough evaluation of its financial practices and governance. This high rating demonstrates a commitment to transparency and effective management of resources.
One of the significant strengths of Mcmurry University is its independent board structure, with 95% of board members being independent. Additionally, the university has a robust audit and oversight committee, contributing to its strong financial practices. Other positive attributes include a well-defined conflict of interest policy and adherence to document retention protocols, all of which enhance its credibility and operational integrity.
While the overall performance is commendable, the focus on accountability and finance leaves other potential areas of evaluation, such as program impact and community engagement, unaddressed in this rating. However, the organization's high program expense ratio of 87.56% indicates a strong commitment to funding its mission-driven programs effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Mcmurry University legitimate?
Mcmurry University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcmurry University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,480,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,875,097
For more financial information, click here
Official website here: www.mcm.edu
What is the mission statement of Mcmurry University?
McMurry University, founded in 1923 by the United Methodist Church, encourages students to explore the complex world from various perspectives as they prepare for lives of leadership, service, and professional success. With 66 academic majors and 40 academic, social, and service organizations, students can expand their academic and social horizons. McMurry offers professional preparation programs in various fields, including healthcare and law, and has a low student-to-faculty ratio, averaging 13 to 1, and small class sizes without teaching assistants. Students have opportunities to engage in international culture through a national and international Model UN program and annual educational travel programs. The university houses a student-run art gallery and artwork appraised at $164K. Recently, the School of Business received a ten million dollar endowment, providing opportunities for business students to manage a one million dollar investment fund.
Official website here: www.mcm.edu
Who is the CEO of Mcmurry University?
Same As C Above is the Principal Officer of Mcmurry University.
Official website here: www.mcm.edu
What is the revenue of Mcmurry University?
Mcmurry University's revenue in 2023 was $54,954,600.
Official website here: www.mcm.edu
Who are the executives of Mcmurry University and what are their salaries?
The average compensation at Mcmurry University during 2023 was $22,466. There are 639 employees and 40 volunteers at Mcmurry University.
Here are 30 key members and their salaries:
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Official website here: www.mcm.edu
Where can I find the form 990 for Mcmurry University?
Mcmurry University's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcm.edu
Learn more at the official website: www.mcm.edu
Mission Statement of Mcmurry University
McMurry University, founded in 1923 by the United Methodist Church, is a higher education institution shaped by Christian principles. Its mission challenges students to explore the complex world from multiple perspectives, preparing them for successful careers, leadership roles, and community service. McMurry University offers over 60 academic majors and 40 student organizations, providing approximately 1,237 racially and ethnically diverse students with opportunities for academic and social growth.
The university takes pride in its low student-to-faculty ratio of 13 to 1 and small average class size of 14. It does not utilize teaching assistants in classrooms, ensuring a more personalized learning experience. McMurry's students can broaden their horizons by engaging in international cultural exchange through its active national and international Model UN program and annual travel abroad educational programs. Additionally, students can explore the arts by visiting the student-run art gallery, which houses university-owned artwork appraised at $164,000.
The university's School of Business has recently received a ten million dollar endowment, providing business students with ample opportunities for real-world experience. Students can even manage a one million dollar investment fund, giving them hands-on financial management skills. McMurry University's commitment to its students goes beyond academics, as it empowers them to grow into responsible and compassionate individuals ready to make a difference in their communities and beyond.
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Impact
October, 2024
Mcmurry University has a significant impact on its students and the broader community through a commitment to holistic education grounded in Christian principles. Established in 1923, the university promotes an environment where students are encouraged to explore complex global issues from various viewpoints, preparing them for leadership, service, and professional success.
With 66 academic majors and over 40 academic, social, and service organizations, Mcmurry offers a diverse array of opportunities for personal and academic growth. The university's focus on professional preparation programs spans critical fields such as athletic training, healthcare, law, and ministry, ensuring that students are well-equipped for future careers. The low student-to-faculty ratio of 13 to 1 and an average class size of 14 foster meaningful interactions between students and faculty, enhancing the academic experience without relying on teaching assistants.
Mcmurry encourages cultural engagement through programs like the Model United Nations and international academic travel. Additionally, the presence of a student-run art gallery and a collection valued at $164,000 cultivates an appreciation for the arts. Recent financial investments, such as a $10 million endowment for the School of Business, further enhance the quality of education, empowering students to manage real investments and gain practical experience.
Ultimately, Mcmurry University shapes its students into thoughtful leaders and compassionate citizens who are prepared to make a positive impact in their communities and the world.
This information is meant to be a general summary of Mcmurry University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,744,225
- Program Service Revenue: $32,922,500
- Gross Receipts: $62,705,241
Assets and Liabilities:
- Total Assets: $177,249,234
- Total Liabilities: $24,018,795
- Net Assets: $153,230,439
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$28,906,263
AUXILIARY ENTERPRISES
Revenue
$4,016,237
Organization Details
Founding Year
1923
Phone
(325) 793-3821Principal Officer
Same As C Above
Main Address
1 MCMURRY UNIVERSITY 308, ABILENE, TX, 79697
Website
www.mcm.eduNTEE Category
Code: B420 - Education
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