Civic Intelligence

Syracuse University

990 • Fiscal year 2023 • EIN 15-0532081

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

640 Skytop Rd Skytop Office BldgSyracuse, NY 13244-5300

(315) 443-3765

Siviq Scores

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

Liabilities / Assets

45th percentile

0.29x

Higher debt load relative to assets than 45% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.70x

Higher debt load relative to revenue than 54% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Net Margin

64th percentile

7.7%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Top Officer Pay

80th percentile

$4,355,910

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Asset Growth

55th percentile

5.8%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

0.6%

Faster revenue growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2022 to 2023

Assets

Flat

$4,268,712,597

Flat from 2023

Net Assets

Flat

$3,043,226,687

Flat from 2023

Liabilities

Flat

$1,225,485,910

Flat from 2023

Revenue

Flat

$1,739,194,343

Flat from 2023

Expenses

Flat

$1,605,970,896

Flat from 2023

Net Income

Flat

$133,223,447

Flat 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: $2,161,769,188Liabilities 2010: $702,806,799Net Assets 2010: $1,458,962,3892010Assets 2011: $2,239,201,408Liabilities 2011: $634,444,111Net Assets 2011: $1,604,757,2972011Assets 2012: $2,278,730,399Liabilities 2012: $747,360,080Net Assets 2012: $1,531,370,3192012Assets 2013: $2,396,012,308Liabilities 2013: $727,815,428Net Assets 2013: $1,668,196,8802013Assets 2014: $2,656,991,491Liabilities 2014: $820,333,805Net Assets 2014: $1,836,657,6862014Assets 2015: $2,668,632,803Liabilities 2015: $826,429,278Net Assets 2015: $1,842,203,5252015Assets 2016: $2,688,394,910Liabilities 2016: $864,433,720Net Assets 2016: $1,823,961,1902016Assets 2017: $2,854,624,621Liabilities 2017: $833,667,419Net Assets 2017: $2,020,957,2022017Assets 2018: $3,035,514,012Liabilities 2018: $801,365,968Net Assets 2018: $2,234,148,0442018Assets 2019: $3,208,471,300Liabilities 2019: $847,896,412Net Assets 2019: $2,360,574,8882019Assets 2020: $3,525,794,177Liabilities 2020: $1,152,679,960Net Assets 2020: $2,373,114,2172020Assets 2021: $3,919,538,933Liabilities 2021: $1,113,607,637Net Assets 2021: $2,805,931,2962021Assets 2022: $4,035,936,698Liabilities 2022: $1,227,193,487Net Assets 2022: $2,808,743,2112022Assets 2023: $4,268,712,597Liabilities 2023: $1,225,485,910Net Assets 2023: $3,043,226,6872023Assets 2023: $4,268,712,597Liabilities 2023: $1,225,485,910Net Assets 2023: $3,043,226,6872023

Highlighted filing

2023

Assets$4,268,712,597
Liabilities$1,225,485,910
Net Assets$3,043,226,687

Operations Trend

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

$2.0B$1.5B$1.0B$500M$0Expenses 2010: $979,923,6762010Expenses 2011: $1,013,689,4092011Expenses 2012: $1,073,215,2052012Expenses 2013: $1,087,442,1802013Revenue 2014: $1,226,485,952Expenses 2014: $1,128,791,081Net Income 2014: $97,694,8712014Revenue 2015: $1,269,059,737Expenses 2015: $1,178,788,210Net Income 2015: $90,271,5272015Revenue 2016: $1,266,122,237Expenses 2016: $1,218,868,630Net Income 2016: $47,253,6072016Revenue 2017: $1,357,874,902Expenses 2017: $1,259,953,506Net Income 2017: $97,921,3962017Revenue 2018: $1,409,942,742Expenses 2018: $1,284,205,296Net Income 2018: $125,737,4462018Revenue 2019: $1,523,155,355Expenses 2019: $1,368,544,252Net Income 2019: $154,611,1032019Revenue 2020: $1,522,525,721Expenses 2020: $1,411,580,571Net Income 2020: $110,945,1502020Revenue 2021: $1,510,275,831Expenses 2021: $1,349,889,136Net Income 2021: $160,386,6952021Revenue 2022: $1,729,445,030Expenses 2022: $1,493,187,941Net Income 2022: $236,257,0892022Revenue 2023: $1,739,194,343Expenses 2023: $1,605,970,896Net Income 2023: $133,223,4472023Revenue 2023: $1,739,194,343Expenses 2023: $1,605,970,896Net Income 2023: $133,223,4472023

Highlighted filing

2023

Revenue$1,739,194,343
Expenses$1,605,970,896
Net Income$133,223,447
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$2,222,926,064
Mission and Program Overview

Mission

Syracuse university (su) is a non-profit university devoted to education, teaching, and research.

Syracuse university is a non-profit research university devoted to education, research and public engagement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,458,778,673$1,500,381,926▲ $41,603,253
Investments Other Securities$1,363,943,624$1,420,547,668▲ $56,604,044
Investments in Publicly Traded Securities$480,322,957$909,058,863▲ $428,735,906
Savings and Temporary Cash Investments$455,268,261$196,021,540▼ $259,246,721
Pledges and Grants Receivable$97,831,771$114,288,938▲ $16,457,167
Prepaid Expenses and Deferred Charges$39,140,249$49,106,510▲ $9,966,261
Accounts Receivable$36,603,558$32,784,948▼ $3,818,610
Cash and Non-Interest-Bearing Accounts$83,236,063$28,331,576▼ $54,904,487
Investments Program Related$16,084,930$11,375,045▼ $4,709,885
Inventories for Sale or Use$4,726,612$5,762,473▲ $1,035,861
Total Assets$4,035,936,698$4,268,712,597▲ $232,775,899
Other Assets Total$0$1,053,110▲ $1,053,110
Liabilities
Tax Exempt Bond Liabilities$748,710,657$741,347,961▼ $7,362,696
Accounts Payable and Accrued Expenses$199,112,515$185,744,913▼ $13,367,602
Mortgage Notes Payable Secured by Investment Property$132,633,915$150,080,906▲ $17,446,991
Other Liabilities$80,038,836$74,528,561▼ $5,510,275
Deferred Revenue$63,152,547$70,161,827▲ $7,009,280
Escrow Account Liability$3,545,017$3,621,742▲ $76,725
Total Liabilities$1,227,193,487$1,225,485,910▼ $1,707,577
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,764,692,371$1,909,145,425▲ $144,453,054
Net Assets With Donor Restrictions$1,044,050,840$1,134,081,262▲ $90,030,422
Total Net Assets Fund Balance$2,808,743,211$3,043,226,687▲ $234,483,476
Total Liabilities and Net Assets / Fund Balance$4,035,936,698$4,268,712,597▲ $232,775,899

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,394,078,930$1,238,994,230$2,633,073,160
Other Land Buildings$42,568,879$222,479,959$265,048,838
Equipment$26,459,010$119,257,709$145,716,719
Land$37,275,107-$37,275,107
Other Securities$12--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,759,953,565$30,282,458▲ $151,640,935$44,802,872$1,876,437,296
2021$1,818,491,336$82,808,934▼ $82,206,835$39,799,754$1,759,953,565
2020$1,394,057,542$47,938,659▲ $431,356,270$36,923,886$1,818,491,336
2019$1,384,151,784$21,114,277▲ $40,506,535$35,457,752$1,394,057,542
2018$1,328,147,566$18,945,653▲ $86,554,148$33,965,877$1,384,151,784
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dino BabersFootball Head CoachFT$4,238,137$117,773$4,355,910
James BoeheimBasketball Head CoachFT$2,677,118$269,032$2,946,150
Kent SyverudChancellor and PresidentFT$981,526$644,387$1,625,913
J Michael HaynieVice Chancellor- VeteransFT$526,347$710,449$1,236,796
Matthew Ter MolenSr VP of Institute AdvFT$448,772$546,562$995,334
Anthony WhiteFootball Defensive CoordinatorFT$900,880$61,897$962,777
John WildhackAthletic DirectorFT$621,394$289,032$910,426
Gretchen RitterProvostFT$564,847$210,754$775,601
Daniel J FrenchSVP & General CounselFT$667,718-$667,718
Gwenn JudgeVP & CFO (interim)FT$497,948$77,494$575,442
Allen GrovesSVP & Chief Student ExpFT$374,974$90,634$465,608
Zhanjiang LiuFormer Interim ProvostFT$398,224$41,945$440,169
Lisa DolakFormer SVP & Univ Sec/profFT$347,763$74,518$422,281
Karin RuhlandtFormer Dean of Arts & SciFT$357,393$57,598$414,991
Michele WheatlyFormer Vice Chan & ProvostFT$324,956$50,257$375,213
Guilherme CostaInterim SecretaryFT$297,428$69,968$367,396
Brett PadgettSVP & Chief Financial OfficerFT$196,919$152,413$349,332
Lois AgnewInterim Dean of Arts & SciFT$247,459$51,523$298,982

Highest Paid Contractors

ContractorServicesLocationCompensation
Enrst & Young US LLPAccountants200 PLAZA DR, Secaucus, NJ 07094$2,054,374
Barclay Damon LLPAttorneys125 EAST JEFFERSON ST, Syracuse, NY 13202$1,992,242
Manatt Phelps & Phillips LLPAttorneys2049 CENTURY PARK E, Los Angeles, CA 90067$1,000,205
King & King Architects LLPArchitects358 W JEFFERSON ST, Syracuse, NY 13202$799,244
Kpmg LLPAccountants3 CHESTNUT RIDGE RD, Montvale, NJ 07645$788,455
Revenue and Support

Revenue Composition

Contributions and Grants
$95,341,963
Program Service Revenue
$1,558,516,471
Investment Income
$85,111,428
Other Revenue
$224,481
All Other Contributions
$95,137,395
Change in Net Assets
$133,223,447

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded170$11,437,857Market Value
Other Non Cash Contri Table42$647,569Market Value
Works of Art52$501,000Appraised Value
Books and Publications-$8,222Appriased Value
Total Noncash Contributions264$12,594,648-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,734,815,025
Revenue Not Reported on Financial Statements
$4,379,318
Revenue Not Reported on Form 990
$-329,312,699
Other Revenue Adjustments
$-924,321
Total Revenue per Audited Statements
$1,405,502,326
Total Revenue per Form 990
$1,739,194,343
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$700,766,513
Other Expenses$470,428,617
Grants and Similar Amounts Paid$434,775,766
Total Fundraising Expense$24,002,052
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$512,725,641$15,179,381$12,217,610$540,122,632
Grants to Domestic Individuals$424,218,531--$424,218,531
Depreciation Depletion$84,971,315$1,466,954$1,098,843$87,537,112
Other Employee Benefits$76,609,686$2,485,632$2,348,262$81,443,580
Office Expenses$75,491,547$991,737$686,471$77,169,755
All Other Expenses$69,749,226$2,511,177$1,536,191$73,796,594
Occupancy$46,997,288$1,467,942$955,894$49,421,124
Travel$40,691,596$859,626$720,115$42,271,337
Pension Plan Contributions$37,069,793$1,386,097$936,668$39,392,558
Payroll Taxes$31,462,818$1,217,506$790,246$33,470,570
Fees for Services Other$25,780,302$1,737,393$1,123,453$28,641,148
Interest$25,491,635$22,678-$25,514,313
Information Technology$11,456,294$394,716$307,570$12,158,580
Foreign Grants$10,366,425--$10,366,425
Advertising$6,422,429$525,325$406,247$7,354,001
Fees for Services Legal$1,395,846$5,552,477$17,330$6,965,653
Current Officers, Directors, Trustees, and Key Employees$972,239$4,412,413$717,832$6,102,484
Fees for Service Investment Mgmnt Fees-$5,303,639-$5,303,639
Conferences and Meetings$4,249,433$168,672$139,320$4,557,425
Other Expenses$9,322,221$2,185,620-$2,185,620
Insurance$1,639,334--$1,639,334
Fees for Services Accounting-$764,131-$764,131
Royalties$644,423--$644,423
Fees for Services Lobbying$474,522--$474,522
Comp Disqual Persons$234,689--$234,689
Grants to Domestic Orgs$190,810--$190,810
Fees for Services Management-$87,277-$87,277
Total Functional Expenses$1,533,135,748$48,833,096$24,002,052$1,605,970,896

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,605,970,896
Total Expenses per Audited Statements$1,171,329,635
Expenses per Audited Statements$1,165,891,491
Expenses Not Reported on Financial Statements$440,079,405
Other Expense Adjustments$434,775,766
Expenses Not Reported on Form 990$5,438,144
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Heart AssociationDallas, TX501 (c) (3)Support$94,000
Brooklyn Institute of Arts & SciencesBrooklyn, NY501 (c) (3)Support$22,050
Longhouse Council IncSyracuse, NY501 (c) (3)Support$17,200
Vera House Foundation IncSyracuse, NY501 (c) (3)Support$15,000
The Congressional Club MuseumWashington, DC501 (c) (3)Support$13,920
Interfaith Works of Central New YorkSyracuse, NY501 (c) (3)Support$11,140
Image Initiative IncSyracuse, NY501 (c) (3)Support$10,000
Focus Greater Syracuse IncSyracuse, NY501 (c) (3)Support$7,500

International Summary

Offices
5
Employees
304
Spending
$895,860,960

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
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 and the CaribbeanInvestmentsHigher Ed4302$796,428,056
Europe (including Iceland & Greenland)InvestmentsHigher Ed--$38,446,369
Europe (including Iceland & Greenland)Program ServicesHigher Ed--$32,454,624
Europe (including Iceland & Greenland)Grant MakingHigher Ed--$9,562,882
North AmericaInvestments---$9,462,297
East Asia and the PacificInvestmentsHigher Ed--$6,468,300
East Asia and the PacificProgram ServicesHigher Ed--$865,956
East Asia and the PacificGrant MakingHigher Ed--$612,246
South AmericaProgram Services---$577,173
North AmericaProgram Services---$285,042
South AmericaGrant Making---$162,227
Middle East and North AfricaProgram Services---$131,198
South AsiaProgram Services---$130,542
Sub-saharan AfricaProgram Services---$123,977
Central America and the CaribbeanProgram ServicesHigher Ed12$84,706
Middle East and North AfricaGrant Making---$29,070
Europe (including Iceland & Greenland)FundraisingHigher Ed--$24,052
Russia and Neighboring StatesProgram Expenses---$12,243
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$468,108
Fundraising Gross Income$162,242
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Toner Prize$192,097$72,197$175,883$-103,686
Mirror Awards$102,193$19,718$167,150$-147,432
Total Events$366,810$162,242$468,108$-305,866
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Trustee - Michael NewhouseSubscription & AdvertisingNo$151,357
-Spouse - Kent SyverudUniversity EmployeeNo$148,941
-Spouse - K. RuhlandtUniversity ProfessorNo$85,748
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Postretirement Benefit$42,569,666
Asset Retirement Obligations$25,262,147
Refundable Government Loans$6,696,748

Bond Issues

BondIssuerIssuedIssue PricePurpose
BTrust for Cultural Resources Co of Onondaga2019-12-19$384,214,494Multi-purpose issue refunding bonds
COnondaga Civic Development Corporation2020-06-23$151,545,396REFUNDING ISSUE
ATrust for Cultural Resources Co of Onondaga2013-09-12$67,827,371Multi-purpose issue refunding bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$384,506,513$151,038,517-$1,316,494
C$151,545,396--$506,879
A$67,869,069$245,007,379$14,780,000$572,007

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
No
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
Yes
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 B, Line 11B

The university's process of reviewing the form 990: the university provided its substantially complete form 990 to members of the trustees audit and risk committee. A meeting with these committee members was held with syracuse university's chancellor and president and senior vice president and chief financial officer to review the form and summary report. This review included a walkthrough of the form and schedules with dialogue on significant items and points and a further expansion of information provided in the summary report. Questions were addressed as raised by committee members. Once finalized, the complete copy of the university's final form 990 (including all required schedules, as ultimately filed with the irs) is provided to each voting member of the board through a secured syracuse university board of trustees web portal before its filing with the irs.

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

The university's regular and consistent monitoring and enforcement of the conflict of interest policy: article xi of syracuse university's bylaws require an annual conflict of interest questionnaire be completed by each trustee and officer. Additionally, the university requires key employees, highest compensated employees and other identified employees and groups of employees to complete the conflict of interest questionnaire. All completed questionnaires are reviewed by the conflicts of interest administrator. Conflicts are reported to the audit and risk committee.

Form 990, Part VI, Section B, Line 15

Compensation policy compensation for the chancellor and president, officers, key employees and certain other covered individuals is established according to university policies that meet the three requirements of the rebuttable presumptions provisions under treas. Reg. 53.49586. On an annual basis, typically in june, the university's executive committee of the board of trustees, who are independent and free of any conflicts of interest that would interfere with their exercise of independent judgment, meets to review the compensation of university leadership. The executive committee review is to determine the reasonableness of compensation following recommendations by the university leadership, review of national, higher education compensation surveys and internal compensation data. A record of the review is recorded in the minutes of the board of trustees.

Form 990, Part VI, Section C, Line 19

Public disclosure syracuse university's governing documents, conflict of interest policy, and financial statements are made available to the public on the university's website.

Filing and Contact Details

Filer

Filer Name
Syracuse University
EIN
15-0532081
Phone
3154433765
Address
640 SKYTOP RD SKYTOP OFFICE BLDG, SYRACUSE, NY 13244-5300

Signing Officer

Name
Jean Gallipeau
Title
Comptroller
Phone
3154433765
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kent Syverud
Formed
1870
Legal Domicile
Ny
Voting Board Members
45
Independent Board Members
43
Employees
17,029
Volunteers
1,577

Preparer

Firm
Kpmg Llp
Address
515 BROADWAY, ALBANY, NY 02207-2974
Preparer
Geneva Furlano
Phone
5184274600
Supplemental Narrative

Additional Explanations

FORM 990 PART I LINE 6:

Volunteers volunteers are indispensable to the university in the accomplishment of the university's educational mission. The board of trustees is a completely volunteer board comprised of individuals who give their time, energy and talents to provide guidance for the efficient and effective governance of the university. Students and staff volunteer their time and effort in activities such as helping freshmen students move into dormitories and acquainting them with the campus. Students also assist in development activities, such as the annual "telefund", to raise funds needed to support the university's educational mission.

FORM 990, PART XI, LINE 9:

Postretirement benefit obligation change 647,210.

Financial Statement Notes

PART III, LINE 4:

Syracuse university has a diverse collection of art, historical treasures and other similar assets, including fine art and ethnographic objects, legal books, archival records, library collections and special collections. The primary purpose of the university's collections is to collect and preserve the cultural and historical record for generations of students and scholars. The syracuse university art museum - the syracuse university art museum is an academic museum that acquires and preserves important works of art and uses its extensive collection to serve as a museum-laboratory for exploration, experimentation, and discussion. The museum strives to foster diverse and inclusive perspectives by uniting students across campus with each other and the local and global community, engaging with artwork to bring us together and examining the forces that keep us apart. It welcomes all visitors to experience its exhibitions and public programs that promote original research, creative thinking, and increased mindfulness. Syracuse university college of law library - the law library collection is comprised of historical and contemporary law books that support teaching and learning in a diverse educational environment, and of the research tools and finding aids that enable discovery, analysis, and understanding of theoretical legal concepts and the practical application of those concepts in a complex legal environment. University archives - the syracuse university archives, part of the special collections research center, is dedicated to collecting and preserving records that document the history, organization, policies, activities, and people of the university, and making those records available to faculty, staff, students and researchers interested in the history of the university. The university archives accepts materials from the schools and colleges, campus offices, alumni, faculty, the university's student and alumni organizations, and the general public. To be eligible for inclusion, the records must document the history of and/or the creator's relationship with the university. Archival records include but are not limited to the records of the chancellor, the board of trustees, and schools, colleges, departments and other campus officers; papers of faculty, staff, and alumni; university publications; photographic materials and audio and moving image recordings; masters thesses and dissertations; and memorabilia. Library - the idea of the library - a refuge for human knowledge - is timeless. Syracuse university library's collections span 4,000 years and range from sumerian cuneiform tablets to 21st century digital data sets. Even while the types and forms of knowledge change, the library strives to keep pace, never losing sight of its purpose: to collect, preserve, and provide access to the cultural record for generations of students, faculty, and scholars. Special collections - the special collections research center collects, maintains and provides access to distinguished collections of rare books, manuscripts, and other archival materials. Syracuse university students, faculty, staff, along with the local and global community have available to them more than 150,000 printed works and 4,000 archival collections, including important editions, manuscripts, documents, letters, diaries, drawings, photographs, memorabilia, and audio and moving image recordings.

PART IV, LINE 2B:

The university maintains a limited number of agency funds, which it holds as custodian or fiscal agent for student organizations and/or outside organizations as an accomodation to the organization. The organizations are then allowed to utilize the university's financial systems and resources to process transactions against these funds.

PART V, LINE 4:

The university endowment consists of approximately 2,500 individual funds established for a variety of purposes; including both donor restricted endowment funds and funds designated by the university to function as endowments. Spending from the university's endowments are restricted to the various purposes specified by the original donor. A majority of the funds provide scholarships and financial assistance to undergraduate, graduate and law school students. Some of the other uses of the funds include, but are not limited to, support for fellowships, the creation and funding of department chairs and professorships, support for various university centers, and support for the university's teaching and research activities. The university's spending policy, which utilizes an annual distribution per unit multiplied by the percentage approved by the executive committee of the board of trustees, is designed to provide the university a stable level of financial support and to preserve the endowments real value.

PART X, LINE 2:

The university is a tax-exempt organization as described in section 501 (c)(3) of the internal revenue code and is generally exempt from income taxes pursuant to section 501(a) of the internal revenue code. Orange insurance company, llc, syracuse advance holdings llc, and syracuse university hotel and conference center llc are wholly owned by the university and are reported in the university's income tax filings. Syracuse university alumni association, inc., of which the university is the sole member, is a tax-exempt organization that files its own tax return. Drumlins, inc. Is a taxable subsidiary of the university and files its own tax returns. The syracuse university (usa) london program, created for the advancement of education, is a registered charity under the laws of england. The syracuse university madrid program, created for the advancement of education, is a registered delegation of the foreign foundation of syracuse university in spain under the laws of spain. The income tax consequences, if any, from these entities are relfected in the consolidated financial statements, and do not have a material effect, individually or in the aggregate, on the university's consolidated financial statements. The university believes it has taken no significant uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenues of subsidiaries 4,203,038. Postretirement benefit obligation change 647,210. Financial aid -434,775,766.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rental/fundraising expenses -924,321.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses of subsidiaries 4,513,823. Rental/fundraising expenses 924,321.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial aid 434,775,766.

Raw XML AppendixShowing 400 of 2,151 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/OtherCompensationAmt6050217
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6158187
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6294021
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt63211610
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6453591
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6555890
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6650257
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6741450
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6840984
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6957103
IRS990/Form990PartVIISectionAGrp/PersonNm0KENT SYVERUD
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICK J AHEARN
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD M ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN W BALLENTINE
IRS990/Form990PartVIISectionAGrp/PersonNm4SHARON R BARNER
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVEN W BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVEN R BECKER
IRS990/Form990PartVIISectionAGrp/PersonNm7ANDREW T BERLIN
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL E BLACKSHEAR
IRS990/Form990PartVIISectionAGrp/PersonNm9LAUREN B CRAMER
IRS990/Form990PartVIISectionAGrp/PersonNm10CHRISTINE A CARONA
IRS990/Form990PartVIISectionAGrp/PersonNm11VINCENT H COHEN JR
IRS990/Form990PartVIISectionAGrp/PersonNm12DARLENE T DEREMER
IRS990/Form990PartVIISectionAGrp/PersonNm13DAVID G EDELSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm14STEVEN L EINHORN
IRS990/Form990PartVIISectionAGrp/PersonNm15CLIFFORD J ENSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm16HAROLD A FETNER
IRS990/Form990PartVIISectionAGrp/PersonNm17SHELLY L FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm18ELISABETH FONTENELLI
IRS990/Form990PartVIISectionAGrp/PersonNm19PETER GIANESINI JR
IRS990/Form990PartVIISectionAGrp/PersonNm20RAJ-ANN REKHI GILL
IRS990/Form990PartVIISectionAGrp/PersonNm21NEIL A GOLD
IRS990/Form990PartVIISectionAGrp/PersonNm22DEBORAH A HENRETTA
IRS990/Form990PartVIISectionAGrp/PersonNm23RICHARD M JONES
IRS990/Form990PartVIISectionAGrp/PersonNm24JOHN A LALLY
IRS990/Form990PartVIISectionAGrp/PersonNm25LAWRENCE S KRAMER
IRS990/Form990PartVIISectionAGrp/PersonNm26JAMES D KUHN
IRS990/Form990PartVIISectionAGrp/PersonNm27CHRISTINE E LARSEN
IRS990/Form990PartVIISectionAGrp/PersonNm28DEBORAH R LEONE
IRS990/Form990PartVIISectionAGrp/PersonNm29RAQUEL-ANN MCNABB
IRS990/Form990PartVIISectionAGrp/PersonNm30RYAN P MCNAUGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm31GISELE A MARCUS
IRS990/Form990PartVIISectionAGrp/PersonNm32PATRICIA H MAUTINO
IRS990/Form990PartVIISectionAGrp/PersonNm33SANDRA CORDOVA MICEK

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023Detailed filing. Detailed filing data is available for this year.$4,269$1,225$3,043$1,739$1,606$133
2023Summary only. Only limited summary data is available for this year.$4,269$1,225$3,043$1,739$1,606$133
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4,036$1,227$2,809$1,729$1,493$236
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,920$1,114$2,806$1,510$1,350$160
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3,526$1,153$2,373$1,523$1,412$111
2019Summary only. Only limited summary data is available for this year.$3,208$848$2,361$1,523$1,369$155
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3,036$801$2,234$1,410$1,284$126
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,855$834$2,021$1,358$1,260$97.9
2016Summary only. Only limited summary data is available for this year.$2,688$864$1,824$1,266$1,219$47.3
2015Detailed filing. Detailed filing data is available for this year.$2,669$826$1,842$1,269$1,179$90.3
2014Detailed filing. Detailed filing data is available for this year.$2,657$820$1,837$1,226$1,129$97.7
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,396$728$1,668$1,087
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,279$747$1,531$1,073
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,239$634$1,605$1,014
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,162$703$1,459$980