Revenues and Expenses

Data refer to AY 2020-2021
Revenues
Endowment distribution 40,218,700
Contributions, grants, and contracts 54,549,727
Tuition and Fees 2,807,749
Other revenues  4,648,429
Total Revenue 102,224,605
Operating Expenses
Instruction (22,795,595)
Research and educational engagement (11,238,526)
Institutional support (14,319,899)
Student and support services (11,937,719)
Facilities and maintenance (10,456,407)
Library, archives, and academic support (5,433,895)
Taxes paid and payable (2,159,613)
Other expenses (1,227,886)
Total Operating Expenses (79,569,539)
Net Operating Activities 22,665,066
Investing Activities
Facilities related capital expenditures (15,917,719)
IT related capital expenditures (3,229,275)
Net Investing Activities (19,146,994)
Financing Activities
Loan for campus redevelopment

0

Contributions for endowment

(400,000)

Repayment of loans

(1,659,353)

Interest expense and bank charges (977,631)
Net Financing Activities (3,036,985)
Opening cash balance 6,205,957
Net change in cash 471,088
Closing cash balance 6,667,045