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For context on the Cornell numbers with breakdowns on revenue and expenditure, here's Cornell's page on: Operating Budget: Sources and Uses: https://finance.co
by araes 2y ago
For context on the Cornell numbers with breakdowns on revenue and expenditure, here's Cornell's page on:
Operating Budget: Sources and Uses: https://finance.cornell.edu/financial-guide/operating-budget-sources-and-uses https://finance.cornell.edu/financial-guide/operating-budget...
Operating Capital Budget Plan (PDF): https://dbp.cornell.edu/wp-content/uploads/2023/09/FY-2024-Operating-Capital-Budget-Plan.pdf https://dbp.cornell.edu/wp-content/uploads/2023/09/FY-2024-O...
Consolidated Financial Statement: (PDF): https://finance.cornell.edu/sites/default/files/cornell-financial-report-FY2024.pdf https://finance.cornell.edu/sites/default/files/cornell-fina...
From pg 45 of CFS, compensation and benefits is definitely Cornell's largest category. Instruction and Healthcare services making up about $1.3B each.
Instruction, student services and academic support: $1,336,694
Research: $481,268
Public service: $108,197
Healthcare services: $1,339,074
Institutional support: $539,278
Enterprises and subsidiaries: $146,630
Total Compensation and benefits: $3,951,141