Cornell University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,380,591,488 | 3,068,749,235 | 311,842,253 | 29.2 | 50% |
| 2013 | 3,372,319,847 | 3,211,822,247 | 160,497,600 | 30.2 | 49% |
| 2014 | 4,368,738,915 | 3,689,909,253 | 678,829,662 | 30.0 | 46% |
| 2015 | 4,351,368,015 | 3,951,934,873 | 399,433,142 | 28.5 | 46% |
| 2016 | 4,369,242,548 | 4,202,180,199 | 167,062,349 | 25.5 | 45% |
| 2017 | 4,700,356,619 | 4,358,249,565 | 342,107,054 | 26.9 | 46% |
| 2018 | 5,023,263,037 | 4,604,733,720 | 418,529,317 | 26.8 | 46% |
| 2019 | 5,001,986,844 | 4,868,291,690 | 133,695,154 | 25.7 | 46% |
| 2020 | 5,126,693,316 | 5,178,905,382 | −52,212,066 | 23.2 | 45% |
| 2021 | 6,105,457,911 | 5,392,092,121 | 713,365,790 | 29.0 | 44% |
| 2022 | 6,503,011,003 | 5,456,954,931 | 1,046,056,072 | 29.2 | 47% |
| 2023 | 5,877,363,039 | 5,846,117,271 | 31,245,768 | 27.4 | 46% |
In its most recent public year (2023), this organization brought in $31,245,768 more than it spent. Its reserves stood at about 27.4 months of spending, down from 29.2 in 2012. Staff pay was 46% of spending. $9,403,551,847 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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