Civic Intelligence

William Marsh Rice University

990 • Fiscal year 2015 • EIN 74-1109620

Jul 01, 2014 to Jun 30, 2015 • Filed on May 05, 2016

6100 Main Street - MS70Houston, TX 77005

(713) 348-0000

Siviq Scores

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

Liabilities / Assets

19th percentile

0.15x

Higher debt load relative to assets than 19% of similar nonprofits.

2015 filings • 501(c)3 • $1B+ nonprofits • Source year 2015

Liabilities / Revenue

74th percentile

1.12x

Higher debt load relative to revenue than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1B+ nonprofits • Source year 2015

Net Margin

86th percentile

30%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1B+ nonprofits • Source year 2015

Top Officer Pay

40th percentile

$1,322,644

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2015 filings • 501(c)3 • $1B+ nonprofits • Source year 2015

Asset Growth

57th percentile

4.9%

Faster asset growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2014 to 2015

Revenue Growth

69th percentile

11%

Faster revenue growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2014 to 2015

Assets

Up

$7,690,715,255

Up $357,108,363 (+4.9%) from 2014

Net Assets

Up

$6,518,142,138

Up $224,373,023 (+3.6%) from 2014

Liabilities

Up

$1,172,573,117

Up $132,735,340 (+13%) from 2014

Revenue

Up

$1,043,694,216

Up $99,602,866 (+11%) from 2014

Expenses

Up

$734,188,414

Up $39,103,561 (+5.6%) from 2014

Net Income

Up

$309,505,802

Up $60,499,305 (+24%) from 2014

Historical Trend

Balance Sheet Trend

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

$15B$10B$5.0B$0Assets 2010: $5,449,537,470Liabilities 2010: $1,067,718,419Net Assets 2010: $4,381,819,0512010Assets 2011: $6,286,488,942Liabilities 2011: $1,044,145,257Net Assets 2011: $5,242,343,6852011Assets 2012: $6,212,837,465Liabilities 2012: $1,029,647,363Net Assets 2012: $5,183,190,1022012Assets 2013: $6,691,304,246Liabilities 2013: $1,021,105,157Net Assets 2013: $5,670,199,0892013Assets 2014: $7,333,606,892Liabilities 2014: $1,039,837,777Net Assets 2014: $6,293,769,1152014Assets 2015: $7,690,715,255Liabilities 2015: $1,172,573,117Net Assets 2015: $6,518,142,1382015Assets 2016: $7,353,011,914Liabilities 2016: $1,146,311,000Net Assets 2016: $6,206,700,9142016Assets 2017: $8,014,943,360Liabilities 2017: $1,195,963,821Net Assets 2017: $6,818,979,5392017Assets 2018: $8,306,983,906Liabilities 2018: $1,184,674,702Net Assets 2018: $7,122,309,2042018Assets 2019: $8,666,210,650Liabilities 2019: $1,250,595,749Net Assets 2019: $7,415,614,9012019Assets 2020: $8,424,555,000Liabilities 2020: $1,399,802,000Net Assets 2020: $7,024,753,0002020Assets 2021: $10,374,585,000Liabilities 2021: $1,450,950,000Net Assets 2021: $8,923,635,0002021Assets 2022: $9,509,125,671Liabilities 2022: $1,413,426,452Net Assets 2022: $8,095,699,2192022Assets 2023: $9,240,780,818Liabilities 2023: $1,443,554,086Net Assets 2023: $7,797,226,7322023

Highlighted filing

2015

Assets$7,690,715,255
Liabilities$1,172,573,117
Net Assets$6,518,142,138

Operations Trend

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

$1.5B$1.0B$500M$0-$500MExpenses 2010: $562,005,0272010Expenses 2011: $614,585,5572011Expenses 2012: $637,040,9382012Expenses 2013: $681,587,1462013Revenue 2014: $944,091,350Expenses 2014: $695,084,853Net Income 2014: $249,006,4972014Revenue 2015: $1,043,694,216Expenses 2015: $734,188,414Net Income 2015: $309,505,8022015Revenue 2016: $803,779,409Expenses 2016: $759,776,225Net Income 2016: $44,003,1842016Revenue 2017: $802,831,212Expenses 2017: $783,425,471Net Income 2017: $19,405,7412017Revenue 2018: $1,004,368,830Expenses 2018: $815,227,423Net Income 2018: $189,141,4072018Revenue 2019: $1,130,483,738Expenses 2019: $878,410,449Net Income 2019: $252,073,2892019Revenue 2020: $976,544,472Expenses 2020: $925,337,559Net Income 2020: $51,206,9132020Revenue 2021: $1,279,950,788Expenses 2021: $1,001,174,859Net Income 2021: $278,775,9292021Revenue 2022: $1,372,497,739Expenses 2022: $1,038,722,151Net Income 2022: $333,775,5882022Revenue 2023: $1,125,640,523Expenses 2023: $1,143,616,109Net Income 2023: -$17,975,5862023

Highlighted filing

2015

Revenue$1,043,694,216
Expenses$734,188,414
Net Income$309,505,802
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 5, 2016
Return Version
2014v6.0
Gross Receipts
$2,075,755,079
Mission and Program Overview

Mission

As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor. The University enrolls approximately 4,000 undergraduate and 3,000 graduate students. Approximately 70% of undergraduate students receive financial aid, as do almost all doctoral students.

Research and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,950,159,780$6,027,778,559▲ $77,618,779
Land, Buildings, and Equipment, Net$960,151,269$1,190,318,988▲ $230,167,719
Pledges and Grants Receivable$181,563,205$205,247,564▲ $23,684,359
Other Notes and Loans Receivable, Net$189,381,820$193,305,971▲ $3,924,151
Accounts Receivable$25,681,786$46,068,684▲ $20,386,898
Prepaid Expenses and Deferred Charges$6,332,386$15,092,755▲ $8,760,369
Savings and Temporary Cash Investments$12,547,219$9,766,536▼ $2,780,683
Investments Other Securities$2,741,521$1,977,311▼ $764,210
Inventories for Sale or Use$1,261,880$1,108,887▼ $152,993
Receivables From Officers Etc$100,000$50,000▼ $50,000
Receivable From Disqualified Prsn$0$0→ $0
Investments Program Related$0--
Loans From Officers Directors$0--
Total Assets$7,333,606,892$7,690,715,255▲ $357,108,363
Other Assets Total$3,686,026$0▼ $3,686,026
Liabilities
Unsecured Notes Loans Payable-$836,350,065-
Tax Exempt Bond Liabilities$815,777,330$131,368,000▼ $684,409,330
Other Liabilities$131,706,321$124,382,820▼ $7,323,501
Accounts Payable and Accrued Expenses$54,773,836$45,526,653▼ $9,247,183
Deferred Revenue$37,580,290$34,945,579▼ $2,634,711
Total Liabilities$1,039,837,777$1,172,573,117▲ $132,735,340
Net Assets / Fund Balance
Unrestricted Net Assets$2,959,076,696$3,136,291,409▲ $177,214,713
Temporarily Rstr Net Assets$2,261,951,006$2,286,998,392▲ $25,047,386
Permanently Rstr Net Assets$1,072,741,413$1,094,852,337▲ $22,110,924
Total Net Assets Fund Balance$6,293,769,115$6,518,142,138▲ $224,373,023
Total Liabilities and Net Assets / Fund Balance$7,333,606,892$7,690,715,255▲ $357,108,363

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$999,203,083$460,380,563$1,459,583,646
Equipment$142,636,731$291,186,073$433,822,804
Other Land Buildings$24,676,633-$24,676,633
Land$23,802,541-$23,802,541

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$5,553,717,000$40,503,000▲ $226,489,000$120,681,796$5,573,038,000
2013$4,885,299,000$46,464,000▲ $853,580,000$105,012,925$5,553,717,000
2012$4,438,069,000$68,322,000▲ $605,840,000$107,189,581$4,885,299,000
2011$4,488,951,000$27,061,000▲ $142,208,000$111,068,554$4,438,069,000
2010$3,825,723,000$46,130,000▲ $837,479,000$120,853,572$4,488,951,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-PresidentFT$820,411$502,233$1,322,644
-Chief Investment OfficerFT$487,017$645,100$1,132,117
-Head Football CoachFT$629,882$273,674$903,556
-Associate Professor and Associate Dean for Executive EducationFT$728,038$53,089$781,127
-VP for FinanceFT$336,446$309,947$646,393
-ProvostFT$491,395$140,175$631,570
-Head Men's Basketball CoachFT$531,080$91,916$622,996
-ProfessorFT$488,585$96,691$585,276
-Dean of Graduate School of BusinessFT$461,147$96,826$557,973
-VP for AdministrationFT$380,373$115,607$495,980
-Dean of School of EngineeringFT$401,982$90,871$492,853
-VP for Resource DevelopmentFT$381,271$107,357$488,628
-VP for Public AffairsFT$309,852$160,886$470,738
-VP and General Counsel, SecretaryFT$353,496$98,705$452,201
-Dean of School of Natural SciencesFT$322,443$98,684$421,127
-VP for EnrollmentFT$280,572$107,882$388,454
-Associate TreasurerFT$246,761$69,831$316,592
-VP for Strategic InitiativesFT$224,778$79,716$304,494
-Associate Vice President for DevelopmentFT$210,056$83,800$293,856
-Former OfficerFT$219,691$49,454$269,145
-Associate VP and University Controller, Assistant SecretaryFT$204,727$61,086$265,813
-Assistant SecretaryFT$150,323$41,014$191,337

Board Members and Trustees

NameTitle
-Chair, Board of Trustees
-Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Austin Commercial LPConstruction3535 Travis St, Dallas, TX 75204$3,014,999
Words and Numbers IncInstructional design2050 Rockrose Ave, Baltimore, MD 21211$2,987,606
B Bell Builders LPConstruction104 Industrial, Sugar Land, TX 77478$2,817,184
Tellepsen Builders LPConstruction777 Benmar, Houston, TX 77060$2,161,610
Winstead PCLegal services600 Travis St, Houston, TX 77002$1,450,681
Revenue and Support

Revenue Composition

Contributions and Grants
$246,543,139
Program Service Revenue
$337,915,350
Investment Income
$443,297,806
Other Revenue
$15,937,921
All Other Contributions
$139,019,917
Change in Net Assets
$309,505,802

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 Traded358$25,292,024Market value
Other Non Cash Contri Table3$1,441,813Market value
Other Non Cash Contri Table3$85,500Market value
Historical Artifacts2$14,275Market value
Books and Publications-$2Market value
Clothing and Household Goods-$2Market value
Other Non Cash Contri Table2$2Market value
Total Noncash Contributions368$26,833,618-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$374,612,446
Other Expenses$231,821,774
Grants and Similar Amounts Paid$127,754,194
Total Fundraising Expense$10,650,541
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$264,454,034$24,628,503$5,541,989$294,624,526
Grants to Domestic Individuals$127,754,194--$127,754,194
Depreciation Depletion$64,848,348$2,232,069-$67,080,417
Occupancy$31,665,821$3,378,815$53,643$35,098,279
Interest$32,931,158--$32,931,158
Other Employee Benefits$28,285,174$2,274,184$734,132$31,293,490
Pension Plan Contributions$20,573,119$1,654,120$533,968$22,761,207
Fees for Services Other$16,449,330$173,103$815,105$17,437,538
Payroll Taxes$15,278,862$1,228,451$396,558$16,903,871
Information Technology$13,952,687$1,860,887$300,302$16,113,876
Other Expenses$15,877,634--$15,877,634
Travel$14,517,839$592,649$324,442$15,434,930
Conferences and Meetings$10,268,608$741,118$560,652$11,570,378
Current Officers, Directors, Trustees, and Key Employees$1,916,523$5,752,105$764,122$8,432,750
Fees for Service Investment Mgmnt Fees-$6,164,504-$6,164,504
Office Expenses$4,824,663$537,288$570,420$5,932,371
Insurance$3,527,220$12,356-$3,539,576
Advertising$2,412,337-$55,208$2,467,545
Royalties$729,376$2,943-$732,319
Fees for Services Legal-$699,261-$699,261
Comp Disqual Persons$345,457$251,145-$596,602
Fees for Services Accounting-$539,110-$539,110
Fees for Services Lobbying-$202,878-$202,878
Total Functional Expenses$670,612,384$52,925,489$10,650,541$734,188,414
International Activity

International Summary

Offices
1
Employees
1
Spending
$1,441,727,826

International Compliance

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 CaribbeanInvestments---$1,382,000,000
Europe (Including Iceland and Greenland)Investments---$49,000,000
Europe (Including Iceland and Greenland)Fundraising,Program ServicesEducational Program for Architecture Students, Programs With Local Universities, Research Field Work, Conference Travel11$3,790,524
North America (Canada & Mexico only)Investments---$2,000,000
East Asia and the PacificFundraising,Program ServicesPrograms With Local Universities, Research Field Work, Conference Travel00$1,729,256
Central America and the CaribbeanFundraising,Program ServicesPrograms With Local Universities, Research Field Work, Conference Travel00$1,206,056
South AmericaProgram ServicesPrograms With Local Universities, Research Field Work00$975,004
Middle East and North AfricaProgram ServicesPrograms With Local Universities, Research Field Work, Conference Travel00$326,158
North America (Canada & Mexico only)Fundraising,Program ServicesPrograms With Local Universities, Research Field Work, Conference Travel00$301,216
Sub-Saharan AfricaProgram ServicesResearch Field Work00$214,117
South AsiaFundraising,Program ServicesPrograms With Local Universities, Research Field Work, Conference Travel00$162,238
Russia and Neighboring StatesProgram ServicesResearch Field Work00$23,257
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$171,052
Fundraising Gross Income$75,083
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spirit of the Season$76,807$31,667$47,388$-15,721
Evening for Rice's Honour$265,345$30,395$26,746$3,649
Total Events$1,465,057$75,083$171,052$-95,969
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
-Key Empl SpouseEmployeeNo$227,157
-Spouse of TrusteeEmployeeNo$110,964
-Trustee Managing PartnerInv FeeNo$88,260
-PRESIDENT'S SPOUSEEmployeeNo$73,780
-Officer on BoardInv FeeNo$49,500
-Spouse of TrusteeEmployeeNo$15,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$100,000$50,000▼ $50,000
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Actuarial liability for annuities payable$116,939,602
Government and other amounts refundable$7,443,218

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Houston Higher Education Finance Corporation2007-06-12$314,632,113Construction Bond
BCity of Houston Higher Education Finance Corporation2010-06-02$139,887,000Construction bond

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$314,632,113$47,400,000$13,625,000$2,493,655
B$139,887,000$13,000,000$13,000,000$1,186,594

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
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 family members
Yes
Business relationship with organization members
Yes
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, Line 16B DID THE ORGANIZATION FOLLOW A WRITTEN POLICY

Joint venture or similar arrangements are investments by the endowment pool in partnerships that may generate unrelated business income as reported on the university's form 990-t. The organization conducts investments in partnerships under university policy #838.

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

TRUSTEES MARK DANKBERG AND JEFFREY SMISEK - Business relationship

Form 990, Part VI, Line 11B Review of form 990 by governing body

A draft copy of Form 990 is discussed with the Audit Committee and the Compensation and Organizational Development (CORD) Committee of the Board of Trustees and the final Form 990 is provided to all of the trustees before it is filed. The Form 990 is prepared by the Controller's Office in consultation with other University offices, reviewed within the Controller's office, reviewed by PricewaterhouseCoopers as the paid preparer, reviewed by the Vice President for Finance and the President together with senior management before it is provided to the trustees.

Form 990, Part VI, Line 12C Conflict of interest policy

A conflict of interest questionnaire is completed annually by officers, directors, trustees, key employees and other disqualified persons. Members of the University's Board of Trustees and senior management may, from time to time, be associated, either directly or through interlocking board memberships, with entities doing business with the University. The University employs a conflict of interest policy that requires any such associations be disclosed in writing on an annual basis. When such associations exist, measures are taken to mitigate any actual or perceived conflict, including recusal of the board member from any decisions involving the entity doing business with the University. The transactions with the entities associated with trustees or senior management are not considered to be significant and may include investment management, common participation in investment vehicles, or the purchases of goods or services. When the University enters into such transactions, the prices are set at fair market value and the terms are no less beneficial than those offered to others in the ordinary course of business.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Compensation of the organizations' officers is determined by the CORD Committee of the Board of Trustees based on comparability data. The deliberations and decisions of the CORD Committee of the Board of Trustees are contemporaneously documented as are all meetings of the board and its committees. Further detail is provided in Schedule J, Part III.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

See Pt VI, Line 15a

Form 990, Part VI, Line 19 Required documents available to the public

The articles of incorporation are filed with the state and are publicly available. The financial statements are available to the public on the University's website and by request. Copies of the Form 990 and Form 990-T tax returns are available to the public on request. The University's conflict of interest policy is available on the University's website.

Filing and Contact Details

Filer

Filer Name
William Marsh Rice University
EIN
74-1109620
Phone
7133480000
Address
6100 Main Street - MS70, Houston, TX 77005

Signing Officer

Name
Katherine E Collins
Title
Vice President for Finance
Signed
2016-05-05
Discuss with paid preparer
Yes

Organization Details

Formed
1908
Legal Domicile
TX
Voting Board Members
25
Independent Board Members
22
Employees
8,073
Volunteers
1,000

Preparer

Firm
PricewaterhouseCoopers LLP
Address
2001 Market St Ste 1800, Philadelphia, PA 19103
Preparer
Eric M McNeil
Phone
2673303000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Cumulative unrealized / subsidiary corp - -XXX-XX-XXXX;

Financial Statement Notes

Schedule D, Part III, Line 4 Collections of art - description of collections

The University accepts, from time to time, donations of art, historical treasures or similar assets. Such items are available for public exhibition and scholarly research. The University is a steward of these assets, preserving them for future generations. The asset amount reported for art held for public exhibition includes the construction and installation costs for outdoor sculpture.

Schedule D, Part V, Line 4 Intended uses of endowment funds

The University's endowment earnings distribution policy guides the rate at which funds are released from the endowment for current spending. The policy reflects the desire to balance the current resource needs of the University with the long-term objective of preserving the purchasing power of the endowment for future generations and ensuring reasonable year-over-year stability of future endowment payouts. Under the policy, allowable endowment spending is between four percent and six and one-half percent of the trailing three year average endowment market value, with a targeted range of four and one-half percent to five and one-half percent in the intermediate range. Endowment contributions includes transfers from other institutional funds and other additions for which there is no specific line on the schedule. Scholarships paid from endowment includes direct charge and distributed amounts. The scholarship amounts for the prior four years have been updated from the originally filed Forms 990 for consistency.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The University and its subsidiary corporations did not have any material income tax liabilities for the years ended June 30, 2015 and 2014. The University has no financial reporting requirements for uncertain tax positions for the years ended June 30, 2015 and 2014.

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IRS990/Desc0DEPARTMENTAL RESEARCH AND INSTRUCTION, AND OTHER INSTITUTIONAL ACTIVITIES. RICE UNIVERSITY IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES (SACS-COC), ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY (ABET), INTERNATIONAL ASSOCIATION FOR MANAGEMENT EDUCATION (AACSB INTERNATIONAL), NATIONAL ARCHITECTURAL ACCREDITING BOARD (NAAB), AND THE TEXAS EDUCATION AGENCY (TEA). RICE SERVES APPROXIMATELY 3,900 UNDERGRADUATE AND 2,600 GRADUATE STUDENTS, AS WELL AS 13,000 LIFE-LONG LEARNERS. FOR THE COHORT ENTERING FALL 2009 THE SIX-YEAR UNDERGRADUATE GRADUATION RATE IS 92 PERCENT. RICE OFFERS MORE THAN 50 UNDERGRADUATE MAJORS ACROSS SIX DIVISIONS OF STUDY: SOCIAL SCIENCES, NATURAL SCIENCES, ENGINEERING, HUMANITIES, MUSIC AND ARCHITECTURE. IN CONJUNCTION WITH VARIOUS MAJORS, STUDENTS CAN TAKE COURSES THAT SATISFY THE REQUIREMENTS FOR ADMISSION TO MEDICAL, DENTAL, LAW OR GRADUATE SCHOOL, OR THAT LEAD TO TEACHER CERTIFICATION. RICE UNIVERSITY HAS AN UNDERGRADUATE STUDENT-TO-FACULTY RATIO OF 6 TO 1. IN GENERAL, CLASSES ARE SMALL ENOUGH FOR EACH PROFESSOR TO KNOW EVERY STUDENT'S NAME, SO THERE IS AMPLE OPPORTUNITY FOR PERSONAL ATTENTION. RICE IS RANKED AMONG THE TOP 20 NATIONALLY BY THE US NEWS AND WORLD REPORT IN THE 2016 EDITION, AND THE PRINCETON REVIEW RANKED RICE FIRST IN "BEST QUALITY OF LIFE" AND "RACE/CLASS INTERACTIONS" IN THE 2016 EDITION, ALONG WITH HIGH RANKINGS IN HAPPIEST STUDENTS, BEST HEALTH SERVICES, GREAT FINANCIAL AID, AND BEST-RUN COLLEGES. IN 2015, KIPLINGER'S PERSONAL FINANCE MAGAZINE RANKED RICE IN THE TOP FIVE FOR BEST VALUE IN PRIVATE COLLEGES, AS IT HAS SINCE RANKINGS BEGAN IN 1999. RICE OFFERS ADVANCED DEGREES IN THE HUMANITIES, LIBERAL STUDIES, SOCIAL SCIENCES, NATURAL SCIENCES, ENGINEERING, ARCHITECTURE, MUSIC, AND BUSINESS. GRADUATE PROGRAMS ARE SMALL TO MEDIUM-SIZED, OFFERING THE OPPORTUNITY TO WORK VERY CLOSELY WITH GRADUATE ADVISORS. PROXIMITY TO BOTH THE HOUSTON MUSEUM DISTRICT AND THE RENOWNED TEXAS MEDICAL CENTER ALLOWS FOR EXCEPTIONAL ACCESS TO THE VISUAL ARTS AS WELL AS CUTTING-EDGE BIOMEDICAL RESEARCH. THE MANY INTERDISCIPLINARY CENTERS AND INSTITUTES ENHANCE THE EXPERIENCE OF STUDENTS ACROSS ALL DISCIPLINES. THE SUSANNE M. GLASSCOCK SCHOOL OF CONTINUING STUDIES PROVIDES LIFELONG PERSONAL AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO THE LARGER COMMUNITY. THE SCHOOL ATTRACTS MORE THAN 13,000 ENROLLMENTS EACH YEAR TO ITS NON-CREDIT AND CREDIT PROGRAMS. RICE IS LOCATED IN HOUSTON, TEXAS, THE NATION'S FOURTH-LARGEST CITY, THE ENERGY CAPITAL OF THE WORLD AND A DYNAMIC INTERNATIONAL BUSINESS AND CULTURAL CENTER, ON A 300-ACRE, TREE-LINED CAMPUS JUST A FEW MILES FROM DOWNTOWN. UNDERGRADUATE STUDENTS ARE GIVEN FREE METRO PASSES FOR PUBLIC TRANSPORTATION; INCLUDING THE LIGHT RAIL SYSTEM WHICH HAS TWO STATIONS LOCATED A BLOCK FROM CAMPUS. THE UNIVERSITY OPERATES A FREE SHUTTLE BUS ROUTE THAT INCLUDES THE CAMPUS, OFF-CAMPUS STUDENT HOUSING, AND LOCAL SHOPPING CENTERS AND ATTRACTIONS. HOUSTON BOASTS 18 MUSEUMS, OPERA, BALLET, SYMPHONY AND THEATER, AND FOUR PROFESSIONAL MAJOR LEAGUE SPORTS TEAMS. RICE'S RESIDENTIAL COLLEGE SYSTEM LIES AT THE CORE OF EVERY UNDERGRADUATE'S EXPERIENCE. EVERY UNDERGRADUATE STUDENT, WHETHER LIVING ON CAMPUS OR NOT, IS A MEMBER OF ONE OF 11 SELF-GOVERNED COEDUCATIONAL RESIDENTIAL COLLEGES. EACH COLLEGE HAS A RESIDENT COLLEGE MASTER OR MASTERS. OTHER MEMBERS OF THE FACULTY ARE INVITED TO BECOME RESIDENT AND NONRESIDENT ASSOCIATES OF EACH COLLEGE. FACULTY ASSOCIATES ACT AS ADVISORS TO THE STUDENTS AND PARTICIPATE IN THE CAMARADERIE AND ACTIVITIES OF THEIR RESPECTIVE COLLEGE. COLLEGES ALSO HAVE NON-FACULTY UNIVERSITY ASSOCIATES AND COMMUNITY ASSOCIATES FROM THE HOUSTON AREA, DRAWN FROM VARIOUS PROFESSIONS. EACH COLLEGE BUILDING INCLUDES A COMMONS AREA THAT SERVES AS A DINING HALL AS WELL AS PUBLIC ROOMS, WHICH ARE AVAILABLE TO BOTH RESIDENT AND NONRESIDENT MEMBERS, AND LIVING QUARTERS FOR APPROXIMATELY 2850 STUDENTS FROM ALL CLASSES AND ALL ACADEMIC DI
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Douglas Lee Foshee
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16Robert M Taylor Jr
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt18James S Turley
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25960463
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26556895
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27772017
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28376728
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29461780
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30421771
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31420873
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32331072
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33360352
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34390496
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$9,241$1,444$7,797$1,126$1,144$18.0
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9,509$1,413$8,096$1,372$1,039$334
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10,375$1,451$8,924$1,280$1,001$279
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8,425$1,400$7,025$977$925$51.2
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8,666$1,251$7,416$1,130$878$252
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8,307$1,185$7,122$1,004$815$189
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8,015$1,196$6,819$803$783$19.4
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7,353$1,146$6,207$804$760$44.0
2015Detailed filing. Detailed filing data is available for this year.$7,691$1,173$6,518$1,044$734$310
2014Summary only. Only limited summary data is available for this year.$7,334$1,040$6,294$944$695$249
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6,691$1,021$5,670$682
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6,213$1,030$5,183$637
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6,286$1,044$5,242$615
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5,450$1,068$4,382$562
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1B+ nonprofits