| |
2019 |
2020 |
2021 |
2022 |
2023 |
| OPERATING REVENUES |
|
|
|
|
|
| Tuition & fees |
$ 757,947 |
$ 806,333 |
$ 897,877 |
$ 968,259 |
$ 981,077 |
| Less scholarships |
(325,274) |
(340,249) |
(365,224) |
(396,552) |
(393,233) |
| Net tuition & fees |
432,673 |
466,084 |
532,653 |
571,707 |
587,844 |
| Endowment distributions & investment income |
72,783 |
74,095 |
70,766 |
72,131 |
98,510 |
| Gifts, grants & other sources |
150,088 |
205,080 |
269,346 |
222,771 |
223,557 |
| Sales & services of auxiliary enterprises |
54,761 |
46,471 |
47,776 |
58,522 |
54,942 |
| |
710,305 |
791,730 |
920,541 |
925,131 |
964,853 |
| OPERATING EXPENSES |
|
|
|
|
|
| Instruction & academic support |
310,552 |
404,564 |
409,935 |
420,067 |
448,248 |
| Research & public service |
102,402 |
80,840 |
150,970 |
72,821 |
81,344 |
| Student services & activities |
169,556 |
172,186 |
169,276 |
198,765 |
201,042 |
| Auxiliary enterprises |
41,145 |
37,343 |
44,855 |
45,856 |
49,119 |
| Institutional support |
86,436 |
80,848 |
87,855 |
94,972 |
106,594 |
| |
710,091 |
775,781 |
862,891 |
832,481 |
886,347 |
| Increase in net assets from operating activities |
214 |
15,949 |
57,650 |
92,650 |
78,506 |
| NON-OPERATING ACTIVITIES |
|
|
|
|
|
| Return on long-term investments |
47,243 |
87,912 |
472,497 |
183,664 |
3,987 |
| Distributions from long-term investments |
(71,124) |
(73,183) |
(71,362) |
(72,595) |
(82,001) |
| Endowment earnings & distributions re-invested |
2,752 |
3,020 |
3,117 |
2,822 |
2,863 |
| Change in value of split interest agreements |
(199) |
1,271 |
7,347 |
(2,959) |
(577) |
| Gifts for endowment, annuity & living trusts |
26,836 |
31,147 |
37,650 |
45,344 |
49,133 |
| Gifts & grants for plant improvements, |
|
|
|
|
|
| net of allowance adjustments |
20,791 |
82,589 |
19,228 |
23,416 |
35,053 |
| Other components of postretirement benefits cost |
(613) |
(745) |
(525) |
(303) |
136 |
| Change in postretirement benefits obligation |
|
|
|
|
|
| other than net periodic benefit cost |
(4,196) |
(3,175) |
956 |
9,583 |
846 |
| Other increases (decreases) |
(1,884) |
(2,343) |
(2,423) |
(4) |
1 |
| Total non-operating activities |
19,606 |
126,493 |
466,485 |
188,968 |
9,441 |
| Change in net assets |
$19,820 |
$142,442 |
$524,135 |
$281,618 |
$87,947 |
