New York University
86% goes to programs $4 to raise $100 Strong reserves Growing revenue
New York University is a 501(c)(3) organization based in New York, New York, registered in 1985, with $11,618,297,563 in FY2023 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
105 East 17th Street 4th Floor, New York, NY, 10003 EIN 13-5562308 Since 1985
Revenue (FY2023)
$11.6B
▲ 10.8% vs prior year
Education median: $200K
Expenses (FY2023)
$11.1B
Net assets
$8.7B
Employees
54,390
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $4 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For New York University: 86% to programs · $4 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New York University: 9 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New York University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New York University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Nyu is a private university with approximately 60,000 matriculating students in 20 schools and institutes.
What they do
Education: founded in 1831, nyu is among the largest private not-for-profit research universities in the u.s., with 20 schools and institutes, approximately 5,000 full-time faculty members, and approximately 60,000 matriculating students. nyu annually confers over 22,000 undergraduate, graduate and professional degrees; it provides over $650 million per year in scholarship aid to undergraduates and since the fall of 2021 has met demonstrated need for incoming first-year undergraduates. nyu has an unparalleled international presence with three degree-granting liberal arts research university campuses (in new york, abu dhabi, and shanghai) and 13 global academic sites (for study abroad) on six continents; sends more students to study abroad than any other u.s. college or university; and enrolls more international students than any other u.s. university.
Research and scholarship: nyu is a major research institution, with significant support from nih, nsf and other funders; it is a top 12 institution nationally in the nsf's annual higher education research and development survey (and #1 in new york state), and it is one of the select group of us universities with research expenditures exceeding $1 billion per year. the research and creative output of nyu's scholars have led to the receipt of nobel prizes; abel prizes; pulitzer prizes; guggenheims; the national medal of the arts; the national medal of science; the national medal of technology; nsf waterman awards; max planck awards; the kavli prize; membership for dozens of faculty in the national academies of sciences, engineering, and medicine; academy awards; tony awards; and grammy awards, among many other honors for the university's faculty. nyu faculty findings are regularly published in top journals across a broad range of scholarly disciplines. in 2024, clarivate analytics' highly cited researchers list named twenty-five new york university professors among the world's most-cited researchers. nyu has leading programs in economics, mathematics (and particularly applied mathematics), neuroscience, genomics, soft condensed matter physics, sociology, philosophy, the law, medicine and bio-medical sciences, the cinematic and performing arts, and business and finance, among many other scholarly fields.
Other program services: student services; student aid; library; and operation and maintenance of plant.
Contact & location
- Address
- 105 East 17th Street 4th Floor, New York, NY, 10003
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $5.1B (FY2013) to $11.6B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12.4BNet assets $8.7B
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$21.1B
Total liabilities
$12.4B
Net assets
$8.7B
Salaries & benefits
$6.6B
60% of expenses
Board members
51
44 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $11,618,297,563▲10.8% | $11,109,472,590▲10.1% | $8,722,360,541▲14.2% | $21,118,915,579▲6.7% | 990 |
| 2022 | $10,482,244,760▲8.7% | $10,094,842,669▲11.6% | $7,636,816,187▲8.9% | $19,789,263,135▲4.7% | 990 |
| 2021 | $9,643,849,699▲8.2% | $9,041,721,002▲7.5% | $7,015,470,383▼1.6% | $18,909,220,283▼2.1% | 990 |
| 2020 | $8,915,280,016▲11.3% | $8,413,939,502▲5.5% | $7,132,605,120▲21.7% | $19,313,469,050▲12.3% | 990 |
| 2019 | $8,011,264,159▲3.8% | $7,977,551,998▲1.4% | $5,859,980,527▲3.3% | $17,202,892,629▲18.0% | 990 |
| 2018 | $7,717,095,477▲5.8% | $7,867,827,465▲14.1% | $5,672,778,411▼2.8% | $14,574,664,085▲8.0% | 990 |
| 2017 | $7,293,618,415▲10.4% | $6,896,230,177▲9.4% | $5,838,117,527▲8.6% | $13,490,632,029▲8.4% | 990 |
| 2016 | $6,607,886,919▲9.3% | $6,306,406,116▲6.7% | $5,376,302,539▲11.4% | $12,445,235,606▲11.2% | 990 |
| 2015 | $6,043,438,258▲13.4% | $5,910,463,741▲9.0% | $4,827,686,015▲0.9% | $11,191,514,569▲9.0% | 990 |
| 2014 | $5,328,246,960▲3.8% | $5,420,536,806▲15.0% | $4,783,659,904▼1.8% | $10,269,220,274▲10.5% | 990 |
| 2013 | $5,133,788,413 | $4,714,230,553▲12.4% | $4,871,240,809▲16.1% | $9,297,236,020▲7.9% | 990 |
| 2012 | — | $4,194,551,701▲5.8% | $4,196,394,897▲11.3% | $8,618,608,466▲7.2% | 990 |
| 2011 | — | $3,963,326,955▲12.4% | $3,770,509,107▲0.9% | $8,038,275,299▲4.0% | 990 |
| 2010 | — | $3,526,508,318▲9.3% | $3,738,654,427▲10.4% | $7,730,797,680▲8.6% | 990 |
| 2009 | — | $3,227,860,194 | $3,385,351,440 | $7,118,856,002 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Robert Grossman — $15,305,725 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert Grossman | Evp, Nyu Langone Health | 30 | $15,305,725 |
| Daniel J Widawsky | Evp/vice Dean/cfo (end Date: 1/31/2024) & Trustee (start Date: 06/05/2024) | 30 | $4,640,681 |
| Andrew Brotman Md | Evp/vice Dean/chief Clinical Officer | 30 | $4,028,529 |
| Kathleen Jacobs | Chief Investment Officer (end Date: 09/30/2023) | 50 | $4,026,625 |
| Vicki Match Suna Aia | Evp/vice Dean, Real Estate | 30 | $2,702,071 |
| Andrew Hamilton | Former President & Trustee | 70 | $2,701,382 |
| Nader Mherabi | Evp/vice Dean, Cio | 30 | $2,689,925 |
| Nancy Sanchez | Evp/vice Dean, Hr and Odl | 30 | $2,676,049 |
| Grace Y Ko | Evp Development & Alumni Affairs | 30 | $2,617,431 |
| Linda Mills | President & Trustee | 70 | $1,284,459 |
| Linda Chiarelli | Svp of Cap Projects & Facilities | 50 | $1,244,762 |
| Martin Dorph | Executive Vice President | 50 | $1,011,261 |
| Stephanie Pianka | Cfo (end Date: 04/12/2024) | 50 | $865,914 |
| Georgina Dopico | Provost (start Date: 06/05/2024) | 50 | $823,233 |
| Aisha Oliver-staley | Gen. Counsel & Secretary | 50 | $814,488 |
| Robert Cashion | Former Svp, Udar | 50 | $614,396 |
| Janine Wilcox | Treasurer | 50 | $476,874 |
| Mathew Varughese | Assoc. Vp, Deputy Gen. Counsel and Assoc. Secretary | 50 | $399,338 |
| Thomas Kozak | Associate Secretary | 50 | $396,250 |
| Thomas J Carew | Former Dean of Fas | 50 | $379,719 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Collins Building Services Inc | Janitorial | $128,736,539 |
| Gilbane Building Company | Construction Management | $66,214,829 |
| Turner Construction Company Corp | Construction Management | $62,827,781 |
| Compass Group USA Inc North America | Hospitality Management | $60,929,629 |
| Change Healthcare Tech Enabled Svcs LLC | Computer and Data Processing | $30,795,022 |
Grants received · $10.0B total
1,574 grants to New York University totaling $10.0B, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Navigation Charitable Fund | New program area | 2024 | $5,000,000 |
| New Venture Fund | Conservation and climate | 2024 | $5,000,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $4,681,200 |
| The New York Community Trust | For program support. | 2024 | $2,500,000 |
| American Heart Association Inc | Research | 2024 | $2,423,132 |
| United States Energy Foundation | To promote education and analysis to advance clean, affordable energy that protects public health. to support education and outreach to build a clean energy future | 2024 | $1,575,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $1,530,133 |
| Robin Hood Foundation | Poverty relief | 2024 | $1,225,000 |
| Silicon Valley Community Foundation | Education | 2024 | $973,369 |
| Impactassets Inc | General support | 2024 | $935,600 |
| Entertainment Industry Foundation | General program | 2024 | $930,000 |
| Entertainment Industry Foundation | General program | 2024 | $930,000 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $748,454 |
| The Aspen Institute Inc | Job quality improvement among us small businesses | 2024 | $675,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $602,881 |
Grants made · $1.4M in FY2023
38 grants totaling $1.4M in FY2023 — showing the 15 largest. All grants made by New York University →
| Recipient | Purpose | Amount |
|---|---|---|
| Washington Square Park Conservancy Inc | Support | $552,909 |
| National Center On Philanthropy and the Law Inc | Support | $320,000 |
| Eden Reforestation Projects | Support | $50,000 |
| Vibiller | Support | $50,000 |
| Tall Wall Robotics Inc | Support | $50,000 |
| Brooklyn Chamber of Commerce Inc | Support | $25,000 |
| Bowery Residents Committee Inc | Support | $22,500 |
| United Way of New York City | Support | $22,177 |
| American Academy of Nursing Inc | Support | $20,000 |
| Village Alliance District Management Association Inc | Support | $15,000 |
| National Foundation For Facial Reconstruction | Support | $15,000 |
| Downtown Brooklyn Partnership | Support | $15,000 |
| Bric Arts Media Bklyn Inc | Support | $15,000 |
| Union Square Partnership Inc | Support | $13,000 |
| University Settlement Society of New York | Support | $12,500 |
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Frequently asked questions
- Is New York University a legitimate nonprofit?
- Yes. New York University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-5562308, based in New York, New York. Donations are tax-deductible.
- What is New York University's EIN?
- New York University's Employer Identification Number (EIN) is 13-5562308.
- How much revenue does New York University report?
- New York University reported $11,618,297,563 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of New York University's spending goes to programs?
- New York University spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does New York University have?
- CharityIndex grades New York University A, based on program efficiency and fundraising cost.
- How much does New York University's highest-paid employee make?
- The highest reported compensation on New York University's latest Form 990 is $15,305,725, paid to Robert Grossman (Evp, Nyu Langone Health).
More nonprofits in New York
Explore more
Data for New York University (EIN 13-5562308) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.