New York University In Abu Dhabi Corporation is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 08/2023, New York University In Abu Dhabi Corporation employed 552 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York University In Abu Dhabi Corporation 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 08/2023, New York University In Abu Dhabi Corporation generated $261.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $261.8m during the year ending 08/2023. While expenses have increased by 6.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NYU IN ABU DHABI CORP. (NYUADC) IS TO SUPPORT NEW YORK UNVERSITY (NYU) IN ITS OPERATION OF NEW YORK UNIVERISTY IN ABU DHABI (NYUAD) BY PROVIDING PERSONNEL TO NYUAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NYU ABU DHABI UNDERGRADUATE PROGRAMS: NYU ABU DHABI IS A DEGREE-GRANTING RESEARCH UNIVERSITY WITH A FULLY INTEGRATED LIBERAL ARTS AND SCIENCE UNDERGRADUATE PROGRAM IN THE ARTS AND HUMANITIES, SCIENCES, SOCIAL SCIENCES, AND ENGINEERING. NYU IN NEW YORK, NYU ABU DHABI, AND NYU SHANGHAI FORM THE BACKBONE OF NYU'S GLOBAL NETWORK OF DEGREE-GRANTING CAMPUSES AND ACADEMIC CENTERS ACROSS SIX CONTINENTS. NYU ABU DHABI DRAWS STUDENTS OF ALL BACKGROUNDS FROM AROUND THE WORLD TO CREATE A UNIQUELY DIVERSE AND DYNAMIC STUDENT BODY. IT OFFERS 25 UNDERGRADUATE MAJORS AND NUMEROUS MULTIDISCIPLINARY MINORS AND SPECIALIZATIONS. NYU ABU DHABI OFFERS ACADEMIC PROGRAMS THROUGHOUT THE ACADEMIC YEAR FROM AUGUST TO MAY, INCLUDING JANUARY TERM AND SUMMER COURSES. EXPENSES INCURRED DURING THE FISCAL YEAR ENABLED THE DELIVERY OF ACADEMIC PROGRAMS THROUGH THE PROVISION OF FACULTY AND ADMINISTRATIVE SUPPORT SERVICES. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.
NYU ABU DHABI INSTITUTE: THE NYU ABU DHABI INSTITUTE HOSTS ACADEMIC CONFERENCES, WORKSHOPS, LECTURES, FILM SERIES, PERFORMANCES, AND OTHER PUBLIC PROGRAMS DIRECTED TO BOTH LOCAL AUDIENCES AND TO THE WORLDWIDE ACADEMIC AND RESEARCH COMMUNITY IN BOTH ABU DHABI AND NEW YORK. IT IS A CENTER OF THE SCHOLARLY COMMUNITY FOR ABU DHABI, THE UAE, AND THE WIDER REGION, BRINGING TOGETHER ACADEMICS, PROFESSIONALS, AND LEADERS FROM AROUND THE WORLD TO ITS ACADEMIC CONFERENCES AND PUBLIC PROGRAM TO DISCUSS RESEARCH AREAS AND TOPICS OF LOCAL AND GLOBAL SIGNIFICANCE. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.NYUAD GRADUATE PROGRAMS: NYU ABU DHABI OFFERS GLOBAL PHD STUDENT FELLOWSHIPS IN COLLABORATION WITH THE NYU GRADUATE SCHOOL OF ARTS AND SCIENCE, THE NYU TANDON SCHOOL OF ENGINEERING, OR THE NYU STEINHARDT SCHOOL OF CULTURE, EDUCATION, AND HUMAN DEVELOPMENT. EACH PROGRAM OFFERS A UNIQUE OPPORTUNITY TO ENGAGE IN A GLOBAL SETTING. NYUAD ALSO SUPPORTS VISITING STUDENTS, FELLOWS, AND POSTDOCTORAL ASSOCIATES ACROSS ALL DISCIPLINES. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.EXECUTIVE EDUCATION: THE OFFICE OF EXECUTIVE EDUCATION DESIGNS, DEVELOPS, AND DELIVERS CUSTOMIZED AND OPEN ENROLLMENT PROGRAMS TO MEET THE NEEDS OF UAE ORGANIZATIONS AND EXECUTIVES. NYUAD IS CAPABLE OF CREATING AN ENVIRONMENT WHERE WE OPTIMIZE KNOWLEDGE TRANSFER WITH A WORLD-CLASS CURRICULUM DELIVERED WITHIN A COMMON DEVELOPMENT PLATFORM. NYU ABU DHABI, LOCATED AT A NEW CROSSROADS OF THE WORLD, ENRICHED BY THE INTELLECTUAL VITALITY AND RESEARCH OPPORTUNITIES OF A NEW WORLD-CLASS RESEARCH INSTITUTE, AND BENEFITING FROM AN ACTIVE CONNECTION TO NYU NEW YORK AND OTHER NYU GLOBAL SITES, PROVIDES THE FINEST EDUCATIONAL OPPORTUNITY IN THE WORLD FOR PROFESSIONAL DEVELOPMENT. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.STERN AT NYU ABU DHABI: LOCATED AT THE HEART OF A GLOBAL BUSINESS HUB, THE STERN AT NYUAD FULL-TIME MBA PROGRAM OFFERS A PREMIER BUSINESS EDUCATION DEEPLY INTERCONNECTED WITH NYU STERN IN NEW YORK. THIS UNIQUE PROGRAM LEVERAGES THE EXTENSIVE GLOBAL NETWORK AND DYNAMIC SYNERGIES BETWEEN THE CAMPUSES, PROVIDING STUDENTS UNPARALLELED ACCESS TO LEADING-EDGE BUSINESS PRACTICES AND TEACHING. THE CURRICULUM IS DESIGNED TO FOSTER LEADERSHIP, INNOVATION, AND ENTREPRENEURIAL SKILLS THROUGH A RIGOROUS SELECTION OF COURSES TAUGHT BY DISTINGUISHED FACULTY MEMBERS THAT SPAN BUSINESS DISCIPLINES. STUDENTS ENGAGE IN A VIBRANT ACADEMIC YEAR THAT INCLUDES SUMMER COURSES AND INTERNSHIPS, GAINING PRACTICAL EXPERIENCE AND A COMPETITIVE EDGE IN THE GLOBAL BUSINESS ENVIRONMENT. STERN AT NYUAD IS COMMITTED TO FORMING THE NEXT GENERATION OF BUSINESS LEADERS CAPABLE OF NAVIGATING AND SHAPING THE FUTURE OF INDUSTRIES WORLDWIDE. THE FIRST COHORT OF THE NEW STERN AT NYUAD MBA PROGRAM WILL ARRIVE IN JANUARY 2025. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.
NYU ABU DHABI RESEARCH: NYU ABU DHABI IS A WORLD-CLASS CENTER OF CUTTING-EDGE RESEARCH, SCHOLARSHIP, AND CULTURAL ACTIVITY. FACULTY FROM ACROSS THE ARTS, HUMANITIES, SOCIAL SCIENCES, SCIENCES, AND ENGINEERING CARRY OUT CREATIVE SCHOLARSHIP AND CONDUCT RESEARCH ON ISSUES OF MAJOR DISCIPLINARY, MULTIDISCIPLINARY, AND GLOBAL SIGNIFICANCE. THE NYUAD RESEARCH INSTITUTE PROMOTES CUTTING-EDGE AND INNOVATIVE RESEARCH THROUGH THE SUPPORT OF ITS CENTERS, LABS, AND PROJECTS. THE UNIVERSITY'S UNIQUE LOCATION IN ABU DHABI MAKES IT AN IDEAL HUB FOR RESEARCHERS PURSUING ANSWERS TO PRESSING QUESTIONS AND SOLUTIONS TO COMPLEX GLOBAL PROBLEMS. NYU ABU DHABI IS RANKED NUMBER 1 IN THE UAE BY NATURE INDEX FOR HIGH-QUALITY RESEARCH OUTPUT. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.
SHEIKH MOHAMMED SCHOLARS PROGRAM: THE SHEIKH MOHAMMED BIN ZAYED SCHOLARS PROGRAM OFFERS A SELECT COHORT OF TALENTED UNIVERSITY STUDENTS UNIQUE ACCESS TO SPECIFICALLY DESIGNED COURSES, LECTURES, LEADERSHIP EXPERIENCES, NETWORKING, AND GRADUATE SCHOOL OPPORTUNITIES AND SCHOLARSHIPS. THE PROGRAM ACCEPTS SOME OF THE MOST OUTSTANDING STUDENTS AT THE THREE NATIONAL UNITED ARAB EMIRATES UNIVERSITIES: ZAYED UNIVERSITY, THE UNITED ARAB EMIRATES UNIVERSITY, AND HIGHER COLLEGES OF TECHNOLOGY, AND HAS BEEN DEVELOPED IN CLOSE CONSULTATIONS WITH THE ABU DHABI EDUCATION COUNCIL, NATIONAL EXTANT UNIVERSITIES AND COLLEGES IN THE UAE, AND NEW YORK UNIVERSITY ABU DHABI. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin Dorph Director | Trustee | 2 | $0 |
Andrew Hamilton President (end: 6/30/23) | OfficerTrustee | 10 | $0 |
Aisha Oliver-Staley Secretary | OfficerTrustee | 2 | $0 |
Mariet Westermann Vice President | OfficerTrustee | 60 | $0 |
Georgina Dopico Director | Trustee | 0.3 | $0 |
Arlie Petters Director | Trustee | 60 | $761,105 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $250,261,865 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $250,261,865 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $8,125,364 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $261,770,125 |
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 | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $5,505,990 |
Compensation of current officers, directors, key employees. | $3,288,693 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $131,905,218 |
Pension plan accruals and contributions | $15,160,437 |
Other employee benefits | $105,622,762 |
Payroll taxes | $3,575,718 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $261,770,125 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,171,453 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,430,399 |
Total assets | $8,601,852 |
Accounts payable and accrued expenses | $8,601,852 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $8,601,852 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $8,601,852 |