NEW YORK UNIVERSITY
NEW YORK UNIVERSITY
NEW YORK UNIVERSITY
Income Statement
Fiscal Year Start:
Sep 1
Revenues in 2024
$11,618,297,563
Program Services
78%
Government Grants
10%
Other
6%
Contributions
5%
Investments
1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$11,109,472,590
Salaries & Benefits
60%
Other
10%
Grants
9%
Offices, Occupancy & IT
7%
Depreciation
6%
Fees to Service Providers
5%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$477,208,476
$569,014,663
+19%
Government Grants
$1,109,830,596
$1,143,611,856
+3%
Fundraising Events
$7,668,714
$6,428,305
-16%
Program Services
$8,229,641,082
$9,021,565,732
+10%
Membership Dues
$0
$0
-
Investments
$140,881,651
$144,262,374
+2%
Other
$517,014,241
$733,414,633
+42%
Total Revenues
$10,482,244,760
$11,618,297,563
+11%
Expenses
2023
2024
Change
Grants
$986,667,764
$1,015,533,547
+3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,933,017,294
$6,636,604,864
+12%
Fees to Service Providers
$535,723,637
$592,864,940
+11%
Advertising & Promotion
$33,949,517
$32,681,579
-4%
Offices, Occupancy & IT
$742,191,867
$792,181,295
+7%
Interest
$245,835,978
$247,682,169
+1%
Depreciation
$541,996,284
$627,354,303
+16%
Other
$1,075,460,328
$1,164,569,893
+8%
Total Expenses
$10,094,842,669
$11,109,472,590
+10%
Net income
2023
2024
Change
Net income
+$387,402,091
+$508,824,973
+31%
Functional Expenses
Summary
2023
2024
Change
Program
$8,734,680,175
$9,558,269,120
+9%
Admin
$1,302,390,250
$1,490,758,306
+14%
Fundraising
$57,772,244
$60,445,164
+5%
Total Expenses
$10,094,842,669
$11,109,472,590
+10%
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