Overview
What is New York University?
New York University (NYU) is a renowned private, not-for-profit research institution founded in 1831. With an impressive student body of approximately 60,000, it is one of the largest universities in the US, encompassing 20 schools and institutes. Over 5,000 full-time faculty members contribute to its academic excellence. NYU confers over 19,000 undergraduate, graduate, and professional degrees annually and offers substantial scholarship aid to undergraduates. With an international presence, NYU operates three degree-granting campuses in New York, Abu Dhabi, and Shanghai, and 12 global academic sites on six continents. The university has a strong commitment to education, research, scholarship, and patient care. NYU's unparalleled international presence sets it apart, with more students studying abroad than any other US college or university and more international students enrolled than any other US institution.
Official website here: www.nyu.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 87%, Three-Star out of Four Star rating.
New York University has received a commendable Three-Star rating from Charity Navigator, primarily based on its strong performance in accountability and finance. With an overall score of 87%, the organization demonstrates a commitment to transparency and responsible financial management. The rating is determined by various factors, including a high percentage of independent board members and a robust audit and oversight committee, both of which contribute positively to its governance structure.
The university's financial metrics are also impressive, evidenced by a program expense ratio of 86.79%, indicating that a significant portion of its funds are allocated towards its programs rather than administrative costs. Additionally, the absence of any material diversion of assets further reinforces its credibility as a responsible nonprofit organization. The organization has established important policies, including conflict of interest and whistleblower policies, reflecting its dedication to ethical standards.
However, one area of concern is its liabilities to assets ratio, which stands at 61.40%. This suggests that the university carries a considerable amount of debt relative to its assets, which could raise questions about its long-term financial sustainability. Overall, while New York University showcases strong governance and financial practices, its financial leverage may warrant closer scrutiny by stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is New York University legitimate?
New York University is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $19,086,726
Professional Fundraising Fees: $1,604,983
Other Salaries and Wages: $4,336,825,517
For more financial information, click here
Official website here: www.nyu.edu
What is the mission statement of New York University?
New York University, home to around 60,000 matriculating students, is a leading private research university in the United States. Its primary missions encompass education, research and scholarship, and patient care. With over 5,000 full-time faculty members, New York University annually grants over 19,000 undergraduate, graduate, and professional degrees. The institution offers substantial scholarship aid and has met demonstrated need for incoming first-year undergraduates since the fall of 2021. New York University's international presence is unmatched, with three degree-granting liberal arts research campuses and 12 global academic sites that enable students to study abroad on six continents. It ranks first in sending students to study abroad and enrolls the most international students among all U.S. universities.
Official website here: www.nyu.edu
Who is the CEO of New York University?
Martin Dorph is the Trustee & President of New York University.
Official website here: www.nyu.edu
What is the revenue of New York University?
New York University's revenue in 2022 was $9,643,849,699.
Official website here: www.nyu.edu
Who are the executives of New York University and what are their salaries?
The average compensation at New York University during 2022 was $98,283. There are 44320 employees and 4635 volunteers at New York University.
Here are 75 key members and their salaries:
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- Other: $47,231
Official website here: www.nyu.edu
Where can I find the form 990 for New York University?
New York University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyu.edu
Learn more at the official website: www.nyu.edu
Mission Statement of New York University
New York University, or NYU, is a renowned private institution of higher learning with a student body of approximately 60,000. Comprised of 20 schools and institutes, NYU's primary missions revolve around education, research and scholarship, and patient care.
Founded in 1831, NYU is among the largest private not-for-profit research universities in the United States. With approximately 5,000 full-time faculty members, this esteemed institution annually confers over 19,000 undergraduate, graduate, and professional degrees. NYU offers extensive financial aid, providing over $500 million per year to its undergraduate students and meeting demonstrated need for incoming first-year undergraduates since the fall of 2021.
NYU's international presence is unparalleled. With three degree-granting liberal arts research university campuses in New York, Abu Dhabi, and Shanghai, as well as 12 global academic sites for study abroad on six continents, NYU is a leader in international education. The university 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.
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Impact
October, 2024
New York University (NYU) serves as a significant educational and cultural force, impacting individuals and communities on a global scale. With approximately 60,000 students enrolled across 20 schools and institutes, NYU is one of the largest private research universities in the United States. Founded in 1831, it has cultivated a diverse academic environment, employing around 5,000 full-time faculty members who contribute to a rich educational experience.
Each year, NYU confers over 19,000 degrees, reflecting its commitment to student achievement and development. The university dedicates more than $500 million annually to scholarship aid for undergraduates, ensuring that financial barriers do not hinder access to education. Since the fall of 2021, NYU has met the demonstrated financial need of incoming first-year students, affirming its commitment to equity and opportunity in education.
NYU’s international presence is unparalleled, with degree-granting campuses in New York, Abu Dhabi, and Shanghai, as well as 12 global academic sites across six continents. This extensive network enables students to engage with diverse cultures and perspectives, significantly enhancing their educational journey. NYU leads U.S. colleges and universities in the number of students who study abroad, fostering a global mindset among its student body.
The university's mission extends beyond education to include research, scholarship, and patient care, contributing to advancements in various fields and benefiting society at large. Through its expansive reach and dedication to scholarship, NYU plays a pivotal role in shaping the future of education and research on both local and global scales.
This information is meant to be a general summary of New York University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $260,020,086
- Program Service Revenue: $7,441,366,457
- Gross Receipts: $10,875,780,825
Assets and Liabilities:
- Total Assets: $18,909,220,283
- Total Liabilities: $11,893,749,900
- Net Assets: $7,015,470,383
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE
Revenue
$3,468,052,000
TUITION & FEES
Revenue
$3,304,491,000
OTHER PROGRAM SERVICES
Revenue
$350,030,895
HOUSING AND DINING
Revenue
$318,792,562
Organization Details
Founding Year
1831
Phone
(212) 998-2955Principal Officer
Martin Dorph
Main Address
105 E 17TH ST - 4TH FL 411, NEW YORK, NY, 100039580
Website
www.nyu.eduNTEE Category
Code: B430 - Education
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