Civic Intelligence

The Rockefeller University

990 • Fiscal year 2024 • EIN 13-1624158

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 13, 2025

Refreshing map…

1230 York AvenueNew York, NY 10065-6307

(212) 327-8000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.37x

Higher debt load relative to assets than 58% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

2.96x

Higher debt load relative to revenue than 89% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

6th percentile

-14%

Higher net margin than 6% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

51st percentile

$2,033,233

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

15th percentile

1.7%

Faster asset growth than 15% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-2.6%

Faster revenue growth than 11% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,025,810,239

Up $69,041,023 (+1.7%) from 2023

Net Assets

Down

$2,541,223,256

Down $39,756,585 (-1.5%) from 2023

Liabilities

Up

$1,484,586,983

Up $108,797,608 (+7.9%) from 2023

Revenue

Down

$501,030,765

Down $13,596,708 (-2.6%) from 2023

Expenses

Up

$571,330,484

Up $50,108,935 (+9.6%) from 2023

Net Income

Down

-$70,299,719

Down $63,705,643 (-966%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0B$4.0B$2.0B$0Assets 2010: $2,791,046,695Liabilities 2010: $910,765,749Net Assets 2010: $1,880,280,9462010Assets 2011: $2,980,030,530Liabilities 2011: $915,552,810Net Assets 2011: $2,064,477,7202011Assets 2012: $2,910,477,154Liabilities 2012: $1,013,083,489Net Assets 2012: $1,897,393,6652012Assets 2013: $3,007,659,283Liabilities 2013: $951,103,817Net Assets 2013: $2,056,555,4662013Assets 2014: $3,214,164,130Liabilities 2014: $953,182,278Net Assets 2014: $2,260,981,8522014Assets 2015: $3,614,623,413Liabilities 2015: $1,106,323,102Net Assets 2015: $2,508,300,3112015Assets 2016: $3,535,715,584Liabilities 2016: $1,170,707,421Net Assets 2016: $2,365,008,1632016Assets 2017: $3,672,198,954Liabilities 2017: $1,134,995,474Net Assets 2017: $2,537,203,4802017Assets 2018: $3,908,917,821Liabilities 2018: $1,158,350,452Net Assets 2018: $2,750,567,3692018Assets 2019: $3,904,497,928Liabilities 2019: $1,319,160,976Net Assets 2019: $2,585,336,9522019Assets 2020: $3,879,645,094Liabilities 2020: $1,417,583,538Net Assets 2020: $2,462,061,5562020Assets 2021: $4,529,661,441Liabilities 2021: $1,520,746,998Net Assets 2021: $3,008,914,4432021Assets 2022: $4,263,008,941Liabilities 2022: $1,536,959,646Net Assets 2022: $2,726,049,2952022Assets 2023: $3,956,769,216Liabilities 2023: $1,375,789,375Net Assets 2023: $2,580,979,8412023Assets 2024: $4,025,810,239Liabilities 2024: $1,484,586,983Net Assets 2024: $2,541,223,2562024

Highlighted filing

2024

Assets$4,025,810,239
Liabilities$1,484,586,983
Net Assets$2,541,223,256

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0B$500M$0-$500MExpenses 2010: $311,754,2572010Expenses 2011: $316,944,0032011Expenses 2012: $321,730,8132012Revenue 2013: $331,881,805Expenses 2013: $345,466,842Net Income 2013: -$13,585,0372013Revenue 2014: $426,890,178Expenses 2014: $350,429,792Net Income 2014: $76,460,3862014Revenue 2015: $694,084,865Expenses 2015: $368,601,760Net Income 2015: $325,483,1052015Revenue 2016: $372,788,161Expenses 2016: $374,872,056Net Income 2016: -$2,083,8952016Revenue 2017: $344,163,555Expenses 2017: $402,753,451Net Income 2017: -$58,589,8962017Revenue 2018: $496,427,301Expenses 2018: $405,749,283Net Income 2018: $90,678,0182018Revenue 2019: $460,221,715Expenses 2019: $582,124,924Net Income 2019: -$121,903,2092019Revenue 2020: $455,447,251Expenses 2020: $549,309,305Net Income 2020: -$93,862,0542020Revenue 2021: $530,345,700Expenses 2021: $585,011,703Net Income 2021: -$54,666,0032021Revenue 2022: $535,346,959Expenses 2022: $596,078,177Net Income 2022: -$60,731,2182022Revenue 2023: $514,627,473Expenses 2023: $521,221,549Net Income 2023: -$6,594,0762023Revenue 2024: $501,030,765Expenses 2024: $571,330,484Net Income 2024: -$70,299,7192024

Highlighted filing

2024

Revenue$501,030,765
Expenses$571,330,484
Net Income-$70,299,719
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 13, 2025
Return Version
2023v6.0
Gross Receipts
$795,425,886
Mission and Program Overview

Mission

The rockefeller university (the university) is a world renowned center for research and graduate education in the biomedical sciences, chemistry, bioinformatics, and physics. The university's 73 laboratories conduct both clinical and basic research and study a diverse range of biological and biomedical problems with the mission of improving the understanding of life for the benefit of humanity. Laboratories are loosely clustered in nine research areas covering a wide spectrum of disciplines in the life sciences, including neuroscience, immunology, genetics, structural biology and bioinformatics. The university does not charge tuition. Its revenues are derived primarily from investment income, government grants and contracts, and private gifts and grants.

A world-renowned center for research and graduate education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,299,727,931$1,331,289,692▲ $31,561,761
Investments in Publicly Traded Securities$1,226,214,646$1,250,540,485▲ $24,325,839
Land, Buildings, and Equipment, Net$1,104,253,063$1,076,321,722▼ $27,931,341
Pledges and Grants Receivable$216,241,037$218,373,980▲ $2,132,943
Savings and Temporary Cash Investments$31,104,087$66,907,034▲ $35,802,947
Other Notes and Loans Receivable, Net$35,605,010$35,367,215▼ $237,795
Accounts Receivable$7,796,738$8,974,436▲ $1,177,698
Prepaid Expenses and Deferred Charges$4,686,693$5,461,337▲ $774,644
Receivables From Officers Etc$4,809,737$5,321,905▲ $512,168
Investments Program Related$3,107,484$2,781,814▼ $325,670
Inventories for Sale or Use$1,129,925$1,314,349▲ $184,424
Cash and Non-Interest-Bearing Accounts$38,355$49,893▲ $11,538
Total Assets$3,956,769,216$4,025,810,239▲ $69,041,023
Other Assets Total$22,054,510$23,106,377▲ $1,051,867
Liabilities
Tax Exempt Bond Liabilities$785,669,815$783,331,335▼ $2,338,480
Other Liabilities$312,441,013$321,725,925▲ $9,284,912
Mortgage Notes Payable Secured by Investment Property$200,345,000$200,345,000→ $0
Unsecured Notes Loans Payable-$100,000,000-
Accounts Payable and Accrued Expenses$48,144,977$55,632,564▲ $7,487,587
Deferred Revenue$29,188,570$23,552,159▼ $5,636,411
Total Liabilities$1,375,789,375$1,484,586,983▲ $108,797,608
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,408,522,609$2,473,397,004▲ $64,874,395
Net Assets Without Donor Restrictions$172,457,232$67,826,252▼ $104,630,980
Total Net Assets Fund Balance$2,580,979,841$2,541,223,256▼ $39,756,585
Total Liabilities and Net Assets / Fund Balance$3,956,769,216$4,025,810,239▲ $69,041,023

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,002,524,915$793,584,021$1,796,108,936
Equipment$39,792,804$89,522,457$129,315,261
Land$33,091,524-$33,091,524
Other Land Buildings$890,664$755,237$1,645,901
Leasehold Improvements$21,815$438,297$460,112
Other Securities$3,187,500--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,365,419,481$14,273,279▲ $179,167,951$138,759,765$2,420,100,946
2022$2,608,216,257$28,194,902▼ $9,815,274$261,176,404$2,365,419,481
2021$2,816,696,877$26,536,326▼ $72,618,237$162,398,709$2,608,216,257
2020$2,184,690,526$16,318,325▲ $767,476,546$151,788,520$2,816,696,877
2019$2,112,311,806$9,513,481▲ $207,297,121$144,431,882$2,184,690,526
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paula VolentChief Investment OfficerFT$1,047,536$985,697$2,033,233
Richard P Lifton MD PhDPresidentFT$1,104,363$443,873$1,548,236
Anouk van der BoorManaging Director, Private PartnershipsFT$799,113$58,373$857,486
Anouk van der BoorManaging Director, Private Partnersh-$399,113$458,373$857,486
Maren ImhoffSVP, DevelopmentFT$656,242$199,735$855,977
Michael YoungVP, Academic Affairs (thru 8/31/23)FT$611,014$213,625$824,639
Barry CollerVP & Physician-in-ChiefFT$627,818$194,103$821,921
Timothy O'ConnorExecutive Vice President & Corp Sec (from 7/24)FT$687,445$118,229$805,674
Timothy O'ConnorExecutive Vice President & Corp Sec-$623,057$182,617$805,674
Robert G RoederProfessor, Head of LaboratoryFT$515,763$220,617$736,380
Deborah YeohVP & General CounselFT$573,626$148,046$721,672
Charles M RiceProfessor, Head of LaboratoryFT$548,618$143,925$692,543
Nathaniel HeintzProfessor, Head of LaboratoryFT$491,578$182,387$673,965
Timothy StearnsVP, Education AffairsFT$505,613$156,042$661,655
Romayne L BottiVP, Finance & TreasurerFT$479,558$181,013$660,571
Virginia HuffmanVP, Human ResourcesFT$466,253$156,048$622,301
Titia de LangeProfessor, Head of LaboratoryFT$485,926$130,764$616,690
Cornelia BargmannVP, Academic Affairs (from 9/1/23)FT$479,111$121,856$600,967
Sidney StricklandVP, Education Affairs (thru 8/31/22)FT$445,082$153,676$598,758
Kretina CookAsst. VP, FinanceFT$273,045$191,505$464,550
Ashton MurrayChief Diversity Officer & VP for DEIFT$347,609$70,967$418,576
Theresa DesmondSpec. Asst/Corp Sec. (thru 7/2024)FT$209,979$66,910$276,889

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ropes & Gray LLPLegal Services800 BOYLSTON STREET, Boston, MA 02199$11,129,367
Caldwell & WalshConstruction Services17 BERKSHIRE ROAD, Sandy Hook, CT 06482$10,756,516
Blank Rome LLPLegal Services1271 AVENUE OF THE AMERICAS, New York, NY 10020$7,560,444
Great PerformancesFood Services2417 THIRD AVENUE SUITE 300, Bronx, NY 10451$3,135,765
Sunshine Building ServicesCleaning Services64-36 84TH STREET, Middle Village, NY 11379$1,727,351
Revenue and Support

Revenue Composition

Contributions and Grants
$273,449,128
Program Service Revenue
$34,195,323
Investment Income
$155,101,220
Other Revenue
$38,285,094
All Other Contributions
$159,993,901
Change in Net Assets
$-70,299,719

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table44$91,563,490Net Present Value
Securities Publicly Traded82$9,566,212Fair Market Value
Total Noncash Contributions126$101,129,702-

Audited Revenue Reconciliation

Revenue per Audited Statements
$487,841,539
Revenue Not Reported on Financial Statements
$13,189,226
Revenue Not Reported on Form 990
$36,007,813
Other Revenue Adjustments
$12,058,395
Total Revenue per Audited Statements
$523,849,352
Total Revenue per Form 990
$501,030,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$343,287,665
Salaries, Compensation, and Employee Benefits$214,493,839
Grants and Similar Amounts Paid$13,548,980
Total Fundraising Expense$10,479,587
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,898,285$12,952,135$4,719,092$138,569,512
Office Expenses$64,039,471$1,472,057$324,310$65,835,838
Depreciation Depletion$49,368,085$3,999,396$1,141,720$54,509,201
Other Employee Benefits$36,521,541$7,320,535$1,584,838$45,426,914
Interest$33,380,063$8,736,302-$42,116,365
Fees for Services Other$37,847,117$1,147,409$149,734$39,144,260
Other Expenses$16,928,460$83,634,490-$16,928,460
Occupancy$13,464,672$366,924$316,149$14,147,745
Grants to Domestic Individuals$13,548,980--$13,548,980
Pension Plan Contributions$10,534,295$1,677,955$611,859$12,824,109
Royalties$12,466,712--$12,466,712
Payroll Taxes$7,758,371$1,297,226$333,416$9,389,013
Current Officers, Directors, Trustees, and Key Employees$2,859,541$4,745,550$679,200$8,284,291
Insurance$1,153,582$3,976,365-$5,129,947
Information Technology$2,315,834$1,325$523,888$2,841,047
Fees for Services Legal-$1,924,826-$1,924,826
Conferences and Meetings$1,319,651$81,856$13,237$1,414,744
Fees for Service Investment Mgmnt Fees-$1,130,831-$1,130,831
Travel$879,767$54,570$8,825$943,162
Advertising$346,733$235,312$73,319$655,364
Fees for Services Accounting$80,808$383,865-$464,673
Total Functional Expenses$425,711,968$135,138,929$10,479,587$571,330,484

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$571,330,484
Total Expenses per Audited Statements$563,760,844
Expenses per Audited Statements$557,732,941
Expenses Not Reported on Financial Statements$13,597,543
Other Expense Adjustments$12,466,712
Expenses Not Reported on Form 990$6,027,903
International Activity

International Summary

Offices
0
Employees
0
Spending
$1,355,263,300

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America & CaribbeanInvestmentsResearch related travel--$1,246,878,829
Europe (Including Iceland & Greenland) -InvestmentsResearch related travel--$88,179,713
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,InvestmentsResearch related travel--$10,328,118
North AmericaInvestmentsResearch related travel--$8,833,615
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgramResearch related travel--$705,746
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,ProgramResearch related travel--$119,713
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program---$95,798
North America - Canada and Mexico, but not the United StatesProgram---$87,361
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program---$27,058
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Program---$6,354
Central America & CaribbeanProgramResearch related travel--$995
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$408,317
Fundraising Gross Income$56,475
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Women & Science Luncheon$859,727$33,300$16,220$17,080
Celebrating Science$2,284,200$23,175$11,297$11,878
Total Events$3,143,927$56,475$408,317$-351,842
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
David SzeRU TrusteeThe Rockefeller University's endowment is an investor in several partnerships where David Sze (RU Trustee) is General Partner or Member of the General Partnership. David Sze is not and has never been a member of the Rockefeller University Investment Committee, which means that he does not participate in the University's investment decisions. All transactions are conducted at arms length and at FMV.No$352,223

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$4,809,737$5,321,905▲ $512,168
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Amounts held for others$151,594,988
Postretirement benefit obligation$60,794,000
Obligation under derivative instruments$51,397,387
Contingent liabilities$48,207,934
Conditional asset retirement obligation$9,731,616

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADormitory Authority of the State of New York (issue date 112619)2019-11-26$190,862,275Current Refunding (2009C) & const & renov of campus
BDormitory Authority of the State of New York (issue date 052015)2015-05-20$163,190,000Current Refunding (2005A) & const & renov of campus
ADormitory Authority of the State of New York (issue date 013108)2008-01-31$103,215,000Const. & renov. of campus
CDormitory Authority of the State of New York (issue date 08317)2017-08-03$100,445,000Current Refunding (2009B)
CDormitory Authority of the State of New York (issue date 42022)2022-04-20$79,308,972Current Refunding (2012A & 2012B)
DDormitory Authority of the State of New York (issue date 121119)2019-12-11$59,618,654Current Refunding (2009A)
BDormitory Authority of the State of New York (issue date 043020)2020-04-30$50,966,897Current Refunding (2010A)

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$190,991,490$50,422,199-$897,959
B$163,373,239$100,000,000-$465,000
A$104,734,474$62,650,000-$641,319
C$100,445,000$59,292,301-$320,000
C$79,355,449--$645,846
D$59,618,654$99,997,578-$297,306
B$50,972,988$78,584,603-$425,789

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

William E. Ford (RU Trustee) has a business relationship with Pablo Legorreta (RU Trustee). Michael Fascitelli (RU Trustee) has a business relationship with Jamie Dinan (RU Trustee).

Form 990, Part VI, Section B, line 11B

The Organization made available to the governing Board of Trustees the completed form 990 prior to its submission. Any comments or questions pertaining to the form 990 were sent to the Vice President, Finance or a member of the Audit Committee of the Board of Trustees. The Audit Committee of the Board of Trustees reviewed and approved the form 990 prior to its submission.

Form 990, Part VI, Section B, line 12C

All members of the University community are covered by the applicable University conflict of interest policies. Trustees, Officers, and Key Employees are covered by the Policy on Business Conflict of Interest and Family/Business Relationships. All other members of the University community are covered by the Conflict of Interest Policy Governing Business Practices. (a) For trustees (including the President), the conflict of interest disclosure form is submitted to the Audit Committee of the Board of Trustees. The Audit Committee, with help from others it may designate, investigates any conflicts or potential conflicts of interest and implements management plans where conflicts or potential conflicts are found to exist. Trustees having made disclosures of current or potential conflict of interest situations may participate in the information-gathering stage of the Audit Committee's review of the disclosures, but will be asked to excuse themselves during the Audit Committee discussion, consideration and vote on the matters in question. (b) For officers and key employees, the conflict of interest disclosure form is submitted to the President. The President, with the help from others he may designate, investigates any conflicts or potential conflicts of interest, and implements management plans where conflicts are found to exist. (c) For heads of laboratory, the conflict of interest disclosure form is submitted to the Vice President for Academic Affairs. The Vice President for Academic Affairs, with help from others he may designate, investigates any conflicts or potential conflicts of interest, and implements management plans where conflicts are found to exist. (d) For all other members of the University community, the conflict of interest disclosure form is submitted to the Vice President for Human Resources. The Vice President for Human Resources, with help from others she may designate, investigates any conflicts or potential conflicts of interest, and implements management plans where conflicts are found to exist.

Form 990, Part VI, Section B, line 15

Compensation for the President and Officers is established and approved by the Compensation Committee of the Board of Trustees. Such compensation is established through review of comparability data and contemporaneous documentation of the deliberation and decision. The process includes use of an independent compensation consultant, compensation survey of peer institutions and review of other Form 990s. Specific reviews occur on an annual basis.

Form 990, Part VI, Section C, line 19

The University's governing documents would be made available upon request. The conflict of interest policy and financial statements are available to the public through the University's website.

Filing and Contact Details

Filer

Filer Name
The Rockefeller University
EIN
13-1624158
Phone
2123278000
Address
1230 YORK AVENUE, NEW YORK, NY 10065-6307

Signing Officer

Name
Romayne L Botti
Title
VP for Finance, Treasurer
Phone
2123278301
Signed
2025-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard P Lifton
Formed
1901
Legal Domicile
Ny
Voting Board Members
45
Independent Board Members
44
Employees
1,678
Volunteers
0

Preparer

Firm
Grant Thornton Advisors LLC
Address
757 Third Avenue, New York, NY 10017-2013
Preparer
Daniel Romano
Phone
2125429609
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Unrealized Gain on Derivatives 16,076,529. Postretirement related changes 64,000. Provision for uncollectible contributions receivable -5,528,679.

Financial Statement Notes

Part III, Line 4:

Works of art are displayed in various locations throughout the campus.

Part V, Line 4:

The primary role of the endowment is to advance the research mission of the University through support of the annual operating budget and future budgets. The Investment Committee of the Board of Trustees is responsible for overseeing the endowment. With the support of the Office of Investments, the Committee is responsible for establishing the endowments investment policy and asset allocation; retaining and overseeing external investment managers; and monitoring the implementation and performance of the investment program. The endowments assets are invested in marketable securities, including U.S. and non-U.S. equity and fixed income securities, and private investments, including venture capital, private equity and real assets. The assets are invested by external investment managers through separate accounts or through commingled vehicles, including funds, trusts, and limited partnerships.

Part X, Line 2:

The University is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. The University follows the guidance of ASC Subtopic 740 10, Income Taxes - Overall, which addresses accounting for uncertainties in income taxes recognized in an enterprise's financial statements. The University utilizes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. The University evaluates on an annual basis, the effect of any uncertain tax position on its financial statements. As of June 30, 2024, the University has not identified or provided for any such positions.

Part XI, Line 2D - Other Adjustments:

Unrealized Net Gain on Derivative Instruments - $16,076,529

Part XI, Line 4B - Other Adjustments:

Royalty payments (netted in Financials) - $12,466,712 Fundraising expenses - $(408,317)

Part XII, Line 2D - Other Adjustments:

RU Faculty & Students Club, Inc. - NET LOSS - $154,907 Postretirement related changes - $(64,000) Fundraising expenses - $408,317 Provision for uncollectible contributions receivable - $5,528,679

Part XII, Line 4B - Other Adjustments:

Royalty payments (netted in Financials) - $12,466,712

Raw XML AppendixShowing 400 of 2,092 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm31Ge Li PhD
IRS990/Form990PartVIISectionAGrp/PersonNm32Michael Lynton
IRS990/Form990PartVIISectionAGrp/PersonNm33Scott Mackesy
IRS990/Form990PartVIISectionAGrp/PersonNm34Diane Mathis PhD
IRS990/Form990PartVIISectionAGrp/PersonNm35Surya N Mohapatra PhD
IRS990/Form990PartVIISectionAGrp/PersonNm36John Monsky
IRS990/Form990PartVIISectionAGrp/PersonNm37Jeremy Nathans MD PhD
IRS990/Form990PartVIISectionAGrp/PersonNm38Jonathan M Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm39Robin Chemers Neustein
IRS990/Form990PartVIISectionAGrp/PersonNm40Daniel Pacthod
IRS990/Form990PartVIISectionAGrp/PersonNm41Michael Price
IRS990/Form990PartVIISectionAGrp/PersonNm42John M Shapiro
IRS990/Form990PartVIISectionAGrp/PersonNm43Barry R Sloane
IRS990/Form990PartVIISectionAGrp/PersonNm44Robert Steel
IRS990/Form990PartVIISectionAGrp/PersonNm45David Sze
IRS990/Form990PartVIISectionAGrp/PersonNm46Sandra Tamer
IRS990/Form990PartVIISectionAGrp/PersonNm47Huda Zoghbi MD
IRS990/Form990PartVIISectionAGrp/PersonNm48Xiaowei Zhuang PhD

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4,026$1,485$2,541$501$571$70.3
2023Detailed filing. Detailed filing data is available for this year.$3,957$1,376$2,581$515$521$6.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4,263$1,537$2,726$535$596$60.7
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4,530$1,521$3,009$530$585$54.7
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,880$1,418$2,462$455$549$93.9
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,904$1,319$2,585$460$582$122
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,909$1,158$2,751$496$406$90.7
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,672$1,135$2,537$344$403$58.6
2016Detailed filing. Detailed filing data is available for this year.$3,536$1,171$2,365$373$375$2.08
2015Detailed filing. Detailed filing data is available for this year.$3,615$1,106$2,508$694$369$325
2014Detailed filing. Detailed filing data is available for this year.$3,214$953$2,261$427$350$76.5
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3,008$951$2,057$332$345$13.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,910$1,013$1,897$322
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,980$916$2,064$317
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,791$911$1,880$312