Finance 2008-09
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 Standard Board), using standards of GASB 34 & 35
 FASB (Financial Accounting Standard 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 2007-08. 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 2007-08)
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, 2008.)
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.)
    UnqualifiedQualifiedDon't know               
3. 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. 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. 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 2008
 Report in whole dollars only
 
Line no. Current year amountPrior year amount
 Current Assets  
01Total Current Assets 326,470,519
 
 Noncurrent Assets  
02Capital assets - depreciable (gross) 1,213,480,556
03Accumulated depreciation (enter as a positive amount) 522,480,957
31Capital assets Net of depreciation734,182,920 
04Other noncurrent assets (CV)
CV=[A05-(A02-A03)]		181,977,321 215,296,392
05Total noncurrent assets 906,295,991
 
06Total assets (CV)
CV=(A01+A05)		1,289,300,301 1,232,766,510
 
 Current Liabilities  
07Long-term debt, current portion 15,967,734
08Other current liabilities (CV)
CV=(A09-A07)		99,433,233 101,907,288
09Total current liabilities 117,875,022
 
 Noncurrent Liabilities  
10Long-term debt 316,299,863
11Other noncurrent liabilities (CV)
CV=(A12-A10)		43,932,004 59,381,572
12Total noncurrent liabilities 375,681,435
 
13Total liabilities (CV)
CV=(A09+A12)		494,513,847 493,556,457
 
 Net Assets  
14Invested in capital assets, net of related debt 474,112,173
15Restricted-expendable 64,452,397
16Restricted-nonexpendable 21,354,885
17Unrestricted (CV)
CV=[A18-(A14+A15+A16)]		231,296,546 179,290,598
18Total Net assets (CV)
CV=(A06-A13)		794,786,454 739,210,053
 
 
CV= Calculated Value
 
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 2008
 Report in whole dollars only
 
Line No.DescriptionBeginning
balance		AdditionsRetirements
(CV)		Ending balance
 Plant, Property, and Equipment    
 
21Land & land improvements0
22Infrastructure0
23Buildings6,453,827
24Equipment3,958,951
25Art and library collections4,534,303
26Property obtained under capital leases
(if not included in equipment)		0
27Construction in progress73,250
28Accumulated depreciation13,065,862
 
 CV = (Beginning Balance + Additions - Ending Balance)  
 
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 2008
 Report in whole dollars only  
 
Line No.Source of FundsCurrent year amountPrior year amount
 Operating Revenues  
01Tuition & fees, after deducting discounts & allowances188,403,542
 Grants and contracts - operating  
02Federal operating grants and contracts192,446,789
03State operating grants and contracts9,334,535
04Local/private operating grants and contracts74,129,588
05Sales & services of auxiliary enterprises,
after deducting discounts & allowances		158,344,476
06Sales & services of hospitals,
after deducting patient contractual allowances		0
07Independent operations0
08Other sources - operating (CV)
CV=[B09-(B01+ ....+B07)]		162,892,608167,231,334
09Total operating revenues789,890,264
 
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2008
 Report in whole dollars only
 
Line No.Source of fundsCurrent year amountPrior year amount
 Nonoperating Revenues  
10Federal appropriations0
11State appropriations209,639,096
12Local appropriations, education district taxes, & similar support0
 Grants-nonoperating  
13Federal nonoperating grants0
14State nonoperating grants0
15Local nonoperating grants0
16Gifts, including contributions from affiliated organizations29,877,364
17Investment income12,817,877
18Other nonoperating revenues (CV)
CV=[B19-(B10+...+B17)]		00
19Total nonoperating revenues252,334,337
 
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part B - Revenues and Other Additions
Fiscal Year 2008
 Report in whole dollars only
 
Line No.Resource of fundsCurrent year amountPrior year amount
 Other Revenues and Additions  
20Capital appropriations829,111
21Capital grants & gifts613,591
22Additions to permanent endowments250,908
23Other revenues & additions (CV)
CV=[B24-(B20+...+B22)]		01
24Total other revenues and additions1,693,611
 
25Total all revenues and other additions (CV)
CV=(B09+B19+B24)		1,086,804,5381,043,918,212
 
CV = Calculated Value
 
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 C - Expenses and Other Deductions
Fiscal Year 2008
 Report in whole dollars only                              
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Operating Expenses 
01Instruction56,055,709
02Research55,117,912
03Public service27,222,045
05Academic support21,488,774
06Student services4,869,684
07Institutional support17,207,230
08Operation & maintenance
of plant		41,707,286
09Depreciation  42,605,2500
10Scholarships and fellowships
expenses, excluding discounts & allowances (do not include work study here)		 8,087,750
11Auxiliary enterprises39,138,409
12Hospital services0
13Independent operations0
14Other expenses
& deductions (CV)
CV=[C15-(C01+...+C13)]		1,959,2981,816,912142,38501
15Total operating expenses270,894,800
 Prior year amount957,297,122475,256,824148,345,64240,937,339292,757,317
 
 
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part C - Expenses and Other Deductions
Fiscal Year 2008
 Report in whole dollars only                              
  12345
Line No.DescriptionCurrent year totalSalaries & wagesEmployee fringe benefitsDepreciationAll other                    
 Nonoperating Expenses and Deductions     
16Interest   16,934,157
17Other nonoperating expenses & deductions (CV)
CV=(C18-C16)		26,650,39800026,650,398
18Total nonoperating
expenses & deductions (CV)
CV=(C19-C15)		43,584,55500043,584,555
 
19Total expenses & deductions314,479,355
 Prior year amount990,784,521475,256,824148,345,64240,937,339326,244,716
 
CV = Calculated Value
 
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 2008
 
Line No.DescriptionCurrent year amountPrior year amount
01Total revenues & other additions (from B25)1,086,804,5381,043,918,212
 
02Total expenses & deductions (from C19)1,014,062,879990,784,521
 
03Change in net assets during year (CV)
CV=(D01-D02)		72,741,65953,133,691
04Net assets beginning of year686,076,361
05Adjustments to beginning net assets (CV)
CV=[D06-(D03+D04)]		-2,870,2571
06Net assets end of year (from A18)794,786,454739,210,053
 
CV = Calculated Value
 
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
Part E - Scholarships and Fellowships
Fiscal Year 2008
 Report in whole dollars only  
 
Line No.SourceCurrent year amountPrior year amount
 Institutional Expenses and Discounts & Allowances  
 Gross Scholarships and Fellowships (no loans included)  
01Pell grants (federal)14,635,429
02Other federal grants1,469,723
03Grants by state government0
04Grants by local government0
05Institutional grants from restricted resources3,325,829
06Institutional grants from unrestricted resources (CV)
CV=[E07-(E01+...+E05)]		6,080,88613,303,319
07Total gross scholarships and fellowships32,734,300
 
 Discounts and Allowances  
08Discounts & allowances applied to tuition & fees26,672,190
09Discounts & allowances applied to sales & services of
auxiliary enterprises (CV)
CV= (E10-E08)		00
10Total Discounts & Allowances (CV)
CV=(E07-E11)		31,230,86326,672,190
 
11Net scholarships and fellowships expenses after deducting
discount & allowances (from C10)		8,087,7506,062,110
 
CV = Calculated Value
 
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 2008
Report in whole dollars only
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  488,386,795
02Value of endowment assets at the end of the fiscal year  623,616,859
Institution: Indiana University-Purdue University-Indianapolis (151111)
User ID: 88G2401

Part J - Revenue Data for Bureau of Census
Part J - Revenues (Census Bureau)
Fiscal Year 2008
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 fees240,270,767240,270,767   
02Sales and services167,640,398140,218,3030
03Federal grants/contracts (excludes Pell Grants)199,925,824
 Revenue from the state government:
04State appropriations, current & capital229,994,455
05State grants and contracts11,302,001
 Revenue from local governments:
06Local appropriation, current & capital0
07Local government grants/contracts1,482,820
08Receipts from property and non-property taxes 
09Gifts and private grants, including capital grants 
10Interest earnings 
11Dividend earnings 
12Realized capital gains 
 
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 K - Expenditure Data for Bureau of Census
Part K - Expenditures
Fiscal Year 2008
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 wages496,260,90163,308,2340
02Employee benefits, total160,717,37221,132,4380
03Payment to state retirement funds (maybe included in line 02 above)8,210,387
04Current expenditures other than salaries289,936,247
 Capital outlay: 
05Construction34,993,025
06Equipment purchases8,957,837
07Land purchases23,325,268
08Interest on debt outstanding, all funds & activities 
09Scholarships/fellowships39,318,61339,318,613 
 
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 L - Debt and Assets, page 1
Part L - Debt and Assets
Fiscal Year 2008
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
 
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 L - Debt and Assets, page 2
Part L - Debt and Assets (page 2)
Fiscal Year 2008
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
 
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
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: IU operates on a multi campus environment but IPEDs requires reporting by individual campus. A transfer of equipment from another campus to IUPUI campus resulted in an adjustment to accumulated depreciation.