Difference between revisions of "Financial statements"
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| − | Both [http://www.columbia.edu/cu/opir/facts/2007Final-Color.pdf brief] and [http://www.finance.columbia.edu/finance_statement.html extensive] descriptions of the university's cash flows are available. | + | Amazingly for such a disorganized bureaucracy, Columbia manages to keep a decent set of '''financial statements'''. Both [http://www.columbia.edu/cu/opir/facts/2007Final-Color.pdf brief] and [http://www.finance.columbia.edu/finance_statement.html extensive] descriptions of the university's [http://en.wikipedia.org/wiki/Statement_of_cash_flows cash flows] are available for those with enough accounting skills to decode them. |
| − | A [http://www.columbia.edu/cu/opir/facts/2007Final-Color.pdf summary] | + | A [http://www.columbia.edu/cu/opir/facts/2007Final-Color.pdf summary] for the year ended June 30, 2006 states: |
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* '''Revenues''' $2,709,865,000 | * '''Revenues''' $2,709,865,000 | ||
| + | ** Government grants and contracts 24% | ||
** Tuition and fees 19% | ** Tuition and fees 19% | ||
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** Other educational and research activities 15% | ** Other educational and research activities 15% | ||
** Medical faculty practice plans 15% | ** Medical faculty practice plans 15% | ||
| + | ** Private gifts, grants, and contracts 12% | ||
** Investment income and gains utilized 11% | ** Investment income and gains utilized 11% | ||
** Other 4% | ** Other 4% | ||
* '''Expenses''' $2,540,033,000 | * '''Expenses''' $2,540,033,000 | ||
| − | ** Instruction, research, and | + | ** Instruction, research, and educational administration 59% |
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** Medical faculty practice plans 15% | ** Medical faculty practice plans 15% | ||
| − | ** | + | ** Institutional support 6% |
** Operation and maintenance of plant 5% | ** Operation and maintenance of plant 5% | ||
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** Depreciation 5% | ** Depreciation 5% | ||
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** Other 3% | ** Other 3% | ||
| + | ** Auxiliary enterprises 3% | ||
| + | ** Library 2% | ||
| + | ** Interest 2% | ||
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| + | [[Category:Reports]] | ||
Latest revision as of 12:18, 23 April 2008
Amazingly for such a disorganized bureaucracy, Columbia manages to keep a decent set of financial statements. Both brief and extensive descriptions of the university's cash flows are available for those with enough accounting skills to decode them.
A summary for the year ended June 30, 2006 states:
- Revenues $2,709,865,000
- Government grants and contracts 24%
- Tuition and fees 19%
- Other educational and research activities 15%
- Medical faculty practice plans 15%
- Private gifts, grants, and contracts 12%
- Investment income and gains utilized 11%
- Other 4%
- Expenses $2,540,033,000
- Instruction, research, and educational administration 59%
- Medical faculty practice plans 15%
- Institutional support 6%
- Operation and maintenance of plant 5%
- Depreciation 5%
- Other 3%
- Auxiliary enterprises 3%
- Library 2%
- Interest 2%
