Revenues and Expenses

Data refer to AY 2018-2019
Revenues
Endowment distribution 43,059,500
Contributions, grants, and contracts 16,781,994
Tuition and Fees 2,140,003
Other revenues  4,836,935
Total Revenue 66,818,432
Operating Expenses
Instruction (19,903,218)
Research and educational engagement (11,950,648)
Institutional support (8,979,829)
Student and support services (6,918,322)
Facilities and maintenance (5,806,850)
Library, archives, and academic support (4,136,179)
Taxes paid and payable (2,146,035)
Other expenses (814,376)
Total Operating Expenses (60,655,456)
Net Operating Activities 6,162,975
Investing Activities
Facilities related capital expenditures (1,171,828)
IT related capital expenditures (2,011,522)
Net Investing Activities (3,183,350)
Financing Activities
Loan for campus redevelopment

0

Contributions for endowment

0

Repayment of loans

(572,058)

Interest expense and bank charges (970,521)
Net Financing Activities (1,542,579)
Opening cash balance 465,291
Net change in cash (1,437,047)
Closing cash balance 1,902,338