Revenues and Expenses

Data refer to AY 2019-2020
Revenues
Endowment distribution 38,044,200
Contributions, grants, and contracts 46,367,143
Tuition and Fees 2,020,003
Other revenues  4,324,129
Total Revenue 90,755,475
Operating Expenses
Instruction (19,299,021)
Research and educational engagement (9,859,193)
Institutional support (10,354,893)
Student and support services (9,164,046)
Facilities and maintenance (8,879,283)
Library, archives, and academic support (4,279,486)
Taxes paid and payable (2,142,438)
Other expenses (6,912,272)
Total Operating Expenses (70,890,632)
Net Operating Activities 19,864,842
Investing Activities
Facilities related capital expenditures (10,542,508)
IT related capital expenditures (3,361,944)
Net Investing Activities (13,904,452)
Financing Activities
Loan for campus redevelopment

0

Contributions for endowment

0

Repayment of loans

(608,364)

Interest expense and bank charges (1,048,407)
Net Financing Activities (1,656,771)
Opening cash balance 1,902,338
Net change in cash 4,303,619
Closing cash balance 6,205,957