Financial Facts

For the fiscal year ended June 30, 2023

LAST UPDATED: February 21, 2024

(dollars in thousands)

PRINCIPAL SOURCE OF REVENUES 2023 2022
Tuition and fees (net) $154,514 $144,961
Government grants and contracts 406,180 362,297
Private gifts, grants, and contracts 183,271 203,107
Investment earnings, including unrealized gains or losses (564,904) (560,469)
PRINCIPAL PURPOSES OF EXPENDITURES    
Academic and research 1,343,906 1,194,493
Student services and support 390,632 333,439
General administration and operations 332,291 299,757
SUMMARY OF FINANCIAL POSITION    
Assets 41,745,360 43,559,264
Liabilities 5,326,167 5,372,020
Net assets 36,419,193 38,187,244
NET ASSETS    
Without donor restrictions 16,352,682 16,930,941
With donor restrictions 19,848,598 21,044,758
Noncontrolling interests 217,913 211,545
Total 36,419,193 38,187,244

 


OMB Uniform Guidance (formerly Circular A-133) Audit Reports