Chancellor Masters And Scholars Of The University Of Cambridge
- Assets
- $11.6b
- Revenue
- $2.8b
- Investments
- $5.7b
- Employees
- 204
- Location
- New York, NY
- Founding
- 07/1937
- Data as of
- 07/2023
- EIN
- 13-1599108
Organization Overview
Chancellor Masters And Scholars Of The University Of Cambridge, operating under the name The University Of Cambridge, is located in New York, NY. The organization was established in 1937. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2023, University Of Cambridge employed 204 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Cambridge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, University Of Cambridge generated $2.8b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.7b during the year ending 07/2023. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE WORLD CLASS TEACHING AND RESEARCH AND TO PROMOTE STANDARDS THROUGH EXAMINATION AND DISSEMINATE KNOWLEDGE THROUGH THE PUBLICATION OF ACADEMIC MATERIAL.
Describe the Organization's Program Activity:
RESEARCH
PUBLICATION AND PRINTING
TEACHING
EXAMINATIONS AND ASSESSMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Phillips Chief Executive - Cup&a | Officer | 40 | $804,002 |
Mauro Guillen Prof Of Management Studies | 40 | $611,112 | |
Andrew Chandler CFO - Cup&a | Officer | 40 | $557,120 |
Professor Stephen Toope Vice-Chancellor (thru 09/22) | OfficerTrustee | 40 | $481,364 |
Stylianos Kavadias Margaret Thatcher Professor Of | 40 | $501,976 | |
Christopher Marquis Sinyi Prof Of Chinese Mgmt | 40 | $501,428 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edf Energy Customers Ltd Energy | 7/30/23 | $37,782,372 |
Cognizant Worldwide Limited It Services | 7/30/23 | $20,236,880 |
Rm Education Plc It Services | 7/30/23 | $20,631,341 |
Equans Services Ltd Buildings Management | 7/30/23 | $16,995,953 |
Cambridge Uni Hospitals Nhs Fdn Tr Health | 7/30/23 | $16,560,464 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $13,102,771 |
| Government grants | $463,350,326 |
| All other contributions, gifts, grants, and similar amounts not included above | $141,352,538 |
| Noncash contributions included in lines 1a–1f | $23,094,300 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $617,805,635 |
| Total Program Service Revenue | $1,926,680,012 |
| Investment income | $54,528,571 |
| Tax Exempt Bond Proceeds | $5,849,806 |
| Royalties | $0 |
| Net Rental Income | $21,510,148 |
| Net Gain/Loss on Asset Sales | $285,833 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,798,495,639 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $187,674,459 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,966,938 |
| Compensation of current officers, directors, key employees. | $463,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $889,292,175 |
| Pension plan accruals and contributions | $85,204,930 |
| Other employee benefits | $8,996,346 |
| Payroll taxes | $97,274,094 |
| Fees for services: Management | $55,239,398 |
| Fees for services: Legal | $3,884,675 |
| Fees for services: Accounting | $2,519,892 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $679,388 |
| Advertising and promotion | $15,430,023 |
| Office expenses | $96,603,277 |
| Information technology | $154,356,677 |
| Royalties | $49,460,436 |
| Occupancy | $162,642,102 |
| Travel | $43,770,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,416,716 |
| Interest | $57,530,363 |
| Payments to affiliates | $48,063,481 |
| Depreciation, depletion, and amortization | $154,307,513 |
| Insurance | $10,017,389 |
| All other expenses | $0 |
| Total functional expenses | $2,652,122,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,974,488 |
| Savings and temporary cash investments | $736,353,240 |
| Pledges and grants receivable | $163,653,092 |
| Accounts receivable, net | $411,202,789 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,078,643 |
| Inventories for sale or use | $56,849,065 |
| Prepaid expenses and deferred charges | $53,731,303 |
| Net Land, buildings, and equipment | $4,102,238,801 |
| Investments—publicly traded securities | $25,195,172 |
| Investments—other securities | $5,699,536,649 |
| Investments—program-related | $0 |
| Intangible assets | $134,427,569 |
| Other assets | $146,366 |
| Total assets | $11,595,387,177 |
| Accounts payable and accrued expenses | $971,575,998 |
| Grants payable | $0 |
| Deferred revenue | $442,505,558 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,019,236,071 |
| Other liabilities | $1,289,911,337 |
| Total liabilities | $3,723,228,964 |
| Net assets without donor restrictions | $4,984,239,991 |
| Net assets with donor restrictions | $2,887,918,222 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,595,387,177 |