Duke University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,707,061,859 | 2,514,063,483 | 192,998,376 | 38.9 | 38% |
| 2012 | 2,398,201,906 | 2,497,823,968 | −99,622,062 | 38.1 | 39% |
| 2013 | 2,969,928,423 | 2,567,305,807 | 402,622,616 | 42.8 | 43% |
| 2015 | 3,035,099,104 | 2,746,184,349 | 288,914,755 | 42.9 | 42% |
| 2016 | 2,786,082,190 | 2,862,714,633 | −76,632,443 | 40.2 | 42% |
| 2017 | 3,150,208,331 | 3,015,264,354 | 134,943,977 | 41.8 | 43% |
| 2018 | 3,380,471,454 | 3,207,381,976 | 173,089,478 | 42.6 | 43% |
| 2019 | 3,302,826,991 | 3,354,786,675 | −51,959,684 | 41.1 | 43% |
| 2020 | 3,194,489,301 | 3,412,594,625 | −218,105,324 | 38.3 | 43% |
| 2021 | 4,700,604,083 | 3,270,558,153 | 1,430,045,930 | 60.7 | 45% |
| 2022 | 4,604,378,802 | 3,624,272,862 | 980,105,940 | 53.5 | 43% |
| 2023 | 3,747,197,275 | 3,840,261,811 | −93,064,536 | 49.3 | 43% |
In its most recent public year (2023), this organization spent $93,064,536 more than it brought in. Its reserves stood at about 49.3 months of spending, up from 38.9 in 2011. Staff pay was 43% of spending. $8,824,344,139 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
Duke University's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works