New York University is located in New York, NY. The organization was established in 1985. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2023, New York University employed 48,107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York University 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 08/2022, New York University generated $9.6b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $9.0b during the year ending 08/2022. While expenses have increased by 6.3% per year over the past 7 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.
Since 2015, New York University has awarded 184 individual grants totaling $5,783,532. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NYU IS A PRIVATE UNIVERSITY WITH APPROXIMATELY 60,000 STUDENTS IN 20 SCHOOLS AND INSTITUTES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: FOUNDED IN 1831, NYU IS AMONG THE LARGEST PRIVATE NOT-FOR-PROFIT RESEARCH UNIVERSITIES IN THE U.S., WITH 20 SCHOOLS AND INSTITUTES, APPROXIMATELY 5,000 FULL-TIME FACULTY MEMBERS, AND APPROXIMATELY 60,000 MATRICULATING STUDENTS. NYU ANNUALLY CONFERS OVER 19,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES; IT PROVIDES OVER $650 MILLION PER YEAR IN SCHOLARSHIP AID TO UNDERGRADUATES AND SINCE THE FALL OF 2021 HAS MET DEMONSTRATED NEED FOR INCOMING FIRST-YEAR UNDERGRADUATES. NYU HAS AN UNPARALLELED INTERNATIONAL PRESENCE WITH THREE DEGREE-GRANTING LIBERAL ARTS RESEARCH UNIVERSITY CAMPUSES (IN NEW YORK, ABU DHABI, AND SHANGHAI) AND 12 GLOBAL ACADEMIC SITES (FOR STUDY ABROAD) ON SIX CONTINENTS; SENDS MORE STUDENTS TO STUDY ABROAD THAN ANY OTHER U.S. COLLEGE OR UNIVERSITY; AND ENROLLS MORE INTERNATIONAL STUDENTS THAN ANY OTHER U.S. UNIVERSITY.
STUDENT SERVICES; STUDENT AID; LIBRARY; AND OPERATION AND MAINTENANCE OF PLANT.
PATIENT CARE: NYU'S ACADEMIC MEDICAL PROGRAMS ARE A MAJOR ELEMENT OF THE UNIVERSITY'S MISSION, AND ITS ACADEMIC MEDICAL CENTER - NYU LANGONE HEALTH -IS AMONG THE FOREMOST IN THE US. THE NYU GROSSMAN SCHOOL OF MEDICINE WAS ESTABLISHED IN 1841; FROM ITS EARLIEST YEARS, IT HAS BEEN AT THE FOREFRONT OF ADVANCING THE MEDICAL PROFESSION AND MEDICAL RESEARCH, INCLUDING PARTICIPATING IN THE PROCESS THAT LED TO THE ESTABLISHMENT OF NEW YORK CITY'S HEALTH DEPARTMENT, ESTABLISHING THE FIRST OUTPATIENT CLINIC, ESTABLISHING THE FIRST LABORATORY DEVOTED TO TEACHING AND RESEARCH IN BACTERIOLOGY AND PATHOLOGY, CREATING THE FIRST DEPARTMENT OF FORENSIC MEDICINE, CREATING THE FIRST DEPARTMENT OF PHYSICAL MEDICINE AND REHABILITATION IN THE U.S., AND ESTABLISHING ONE OF THE FIRST MD-PHD PROGRAMS. ITS FACULTY AND GRADUATES HAVE INCLUDED NOBEL LAUREATES, THE DISCOVERER OF THE MOSQUITO AS THE SOURCE OF TRANSMISSION OF YELLOW FEVER, BOTH CREATORS OF THE POLIO VACCINE, AND THE RESEARCHERS WHO FOUND THE LINKAGE BETWEEN KAPOSI'S SARCOMA AND IMMUNE DEFICIENCY IN A DISTINCT POPULATION OF GAY MEN (A KEY STEP IN IDENTIFYING AIDS), AMONG OTHER LEADERS IN MEDICINE. THROUGH AFFILIATION AGREEMENTS, THE DOCTORS AND STUDENTS AT NYU GROSSMAN SCHOOL OF MEDICINE PLAY A CRUCIAL ROLE IN ENSURING TOP QUALITY CARE NOT ONLY AT NYU LANGONE HEALTH, BUT ALSO AT THE MANHATTAN VA HOSPITAL AND BELLEVUE HOSPITAL (ARGUABLY THE FOREMOST PUBLIC HOSPITAL IN THE U.S.). THE NYU COLLEGE OF DENTISTRY, THE LARGEST DENTAL SCHOOL IN THE U.S. AND MOST COMPREHENSIVE ORAL HEALTH CENTER IN THE WORLD, CARES FOR SOME 50,000 POOR AND LOW INCOME NEW YORKERS EACH YEAR, OPERATES A MOBILE DENTAL CARE PROGRAM WHICH TRAVELS TO UNDERSERVED AREAS OF NEW YORK STATE, AND HAS ESTABLISHED A PROFESSION-LEADING CENTER TO SERVE THE ORAL HEALTH NEEDS OF THOSE WITH DISABILITIES. IN ADDITION, NYU HAS A SCHOOL OF GLOBAL PUBLIC HEALTH, AND NYU'S RORY MEYERS COLLEGE OF NURSING PROVIDES UNDERGRADUATE AND GRADUATE EDUCATION FOR OVER 1,400 NURSING STUDENTS.
RESEARCH AND SCHOLARSHIP: NYU IS A MAJOR RESEARCH INSTITUTION, WITH SIGNIFICANT SUPPORT FROM NIH, NSF AND OTHER FUNDERS; IT IS A TOP 15 INSTITUTION IN THE NSF'S ANNUAL HIGHER EDUCATION RESEARCH AND DEVELOPMENT SURVEY, AND IT IS ONE OF THE SELECT GROUP OF US UNIVERSITIES WITH RESEARCH EXPENDITURES EXCEEDING $1 BILLION PER YEAR. THE SAME INSTITUTIONS WERE RANKED IN THE TOP 30 IN FY 2021 AND FY 2022. ONLY THREE INSTITUTIONS CHANGED MORE THAN 3 POSITIONS: NEW YORK UNIVERSITY MOVED UP 8 POSITIONS TO NUMBER 15. THE RESEARCH AND CREATIVE OUTPUT OF NYU'S SCHOLARS HAVE LED TO THE RECEIPT OF NOBEL PRIZES; ABEL PRIZES; PULITZER PRIZES; GUGGENHEIMS; THE NATIONAL MEDAL OF THE ARTS; THE NATIONAL MEDAL OF SCIENCE; THE NATIONAL MEDAL OF TECHNOLOGY; NSF WATERMAN AWARDS; MAX PLANCK AWARDS; THE KAVLI PRIZE; MEMBERSHIP FOR DOZENS OF FACULTY IN THE NATIONAL ACADEMIES OF SCIENCES, ENGINEERING, AND MEDICINE; ACADEMY AWARDS; TONY AWARDS; AND GRAMMY AWARDS, AMONG MANY OTHER HONORS FOR THE UNIVERSITY'S FACULTY. NYU FACULTY FINDINGS ARE REGULARLY PUBLISHED IN TOP JOURNALS ACROSS A BROAD RANGE OF SCHOLARLY DISCIPLINES. IN 2022, CLARIVATE ANALYTICS' HIGHLY CITED RESEARCHERS LIST NAMED TWENTY-THREE NEW YORK UNIVERSITY PROFESSORS AMONG THE WORLD'S MOST-CITED RESEARCHERS. NYU HAS LEADING PROGRAMS IN ECONOMICS, MATHEMATICS (AND PARTICULARLY APPLIED MATHEMATICS), NEUROSCIENCE, GENOMICS, SOFT CONDENSED MATTER PHYSICS, SOCIOLOGY, PHILOSOPHY, THE LAW, MEDICINE AND BIO-MEDICAL SCIENCES, THE CINEMATIC AND PERFORMING ARTS, AND BUSINESS AND FINANCE, AMONG MANY OTHER SCHOLARLY FIELDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Hamilton Trustee & Pres.(end Date:6/30/23) | OfficerTrustee | 70 | $1,854,025 |
Linda Mills Trustee & Pres.(start Date:7/1/23) | OfficerTrustee | 70 | $790,003 |
Ronald D Abramson Trustee | Trustee | 2 | $0 |
Phyllis Putter Barasch Vice Chair & Exec Vice Chair | OfficerTrustee | 6 | $0 |
Maria Bartiromo Trustee | Trustee | 2 | $0 |
Marc H Bell Trustee | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Collins Building Services Inc Janitorial | 8/30/23 | $126,671,705 |
Turner Construction Company Corp Construction | 8/30/23 | $68,100,393 |
Compass Group Usa Inc Hospitality Management | 8/30/23 | $52,844,320 |
Change Healthcare Tech Enabled Svcs Llc Computer And Data Processing | 8/30/23 | $32,654,147 |
2u Inc Educational Services | 8/30/23 | $18,575,426 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $6,551,688 |
Related organizations | $1,053,711 |
Government grants | $984,483,300 |
All other contributions, gifts, grants, and similar amounts not included above | $457,535,610 |
Noncash contributions included in lines 1a–1f | $26,734,408 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,449,624,309 |
Total Program Service Revenue | $7,441,366,457 |
Investment income | $46,865,810 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $65,840,990 |
Net Rental Income | $1,926,703 |
Net Gain/Loss on Asset Sales | $213,154,276 |
Net Income from Fundraising Events | $974,731 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $5,952,509 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,643,849,699 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,038,484 |
Grants and other assistance to domestic individuals. | $651,612,287 |
Grants and other assistance to Foreign Orgs/Individuals | $257,381,239 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $19,086,726 |
Compensation of current officers, directors, key employees. | $1,473,744 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,336,825,517 |
Pension plan accruals and contributions | $220,305,771 |
Other employee benefits | $498,293,342 |
Payroll taxes | $206,026,029 |
Fees for services: Management | $450,630 |
Fees for services: Legal | $31,209,072 |
Fees for services: Accounting | $1,849,501 |
Fees for services: Lobbying | $584,065 |
Fees for services: Fundraising | $1,604,983 |
Fees for services: Investment Management | $15,156,792 |
Fees for services: Other | $475,762,969 |
Advertising and promotion | $27,247,734 |
Office expenses | $266,898,458 |
Information technology | $68,141,000 |
Royalties | $1,118,000 |
Occupancy | $353,878,000 |
Travel | $73,410,534 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,400,517 |
Interest | $241,171,600 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $498,033,340 |
Insurance | $32,196,576 |
All other expenses | $312,229,836 |
Total functional expenses | $9,041,721,002 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,424,062,881 |
Savings and temporary cash investments | $325,185,000 |
Pledges and grants receivable | $604,526,000 |
Accounts receivable, net | $378,581,485 |
Loans from Officers, Directors, or Controlling Persons | $804,798 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $119,020,411 |
Inventories for sale or use | $1,620,000 |
Prepaid expenses and deferred charges | $148,454,564 |
Net Land, buildings, and equipment | $8,305,801,023 |
Investments—publicly traded securities | $1,783,765,940 |
Investments—other securities | $3,739,334,000 |
Investments—program-related | $0 |
Intangible assets | $31,549,000 |
Other assets | $2,046,515,181 |
Total assets | $18,909,220,283 |
Accounts payable and accrued expenses | $1,322,687,246 |
Grants payable | $0 |
Deferred revenue | $1,288,002,000 |
Tax-exempt bond liabilities | $3,109,460,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,393,459,000 |
Unsecured mortgages and notes payable | $1,741,821,000 |
Other liabilities | $3,038,320,654 |
Total liabilities | $11,893,749,900 |
Net assets without donor restrictions | $2,701,549,100 |
Net assets with donor restrictions | $4,313,921,283 |
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 | $18,909,220,283 |
Over the last fiscal year, New York University has awarded $1,169,886 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN ACADEMY OF NURSING PURPOSE: SUPPORT | $29,500 |
BOWERY RESIDENTS COMMITTEE (BRC) INC PURPOSE: SUPPORT | $17,500 |
BROOKLYN BOOK FESTIVAL INC PURPOSE: SUPPORT | $7,500 |
BRIC ARTS MEDIA BROOKLYN INC PURPOSE: SUPPORT | $10,000 |
BROOKLYN CHAMBER OF COMMERCE PURPOSE: SUPPORT | $20,000 |
BROOKLYN MUSEUM PURPOSE: SUPPORT | $7,500 |