PDF
…the Internal
Revenue Code. The State of Kansas also recognizes the exemption.
For the year ended June 30, 2018, 29% of the organization's support and revenue came from student fees, 32%
from gross profit on sales, 37% from income direct financing lease and 2% from other sources. Contributions
are recognized when the donor makes an in‐substance, unconditional…
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_18.pdf