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NYU By
The Numbers

2002 — 2013

Capital Investments

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The following projects were the significant capital projects during the past ten years. The vast majority were either renovations of existing space or newly acquired space that replaced leased space. University capital investments over the past 10 years have been funded from a combination of university borrowing, philanthropy and working capital funds generated from operations.

Academic Investments

There was $905 million invested in academic capital improvements across nine schools between 2002 and 2011. Over 50% of the general purpose classrooms have been renovated, replaced, or added since 2006.

Over 50% of the general purpose classrooms have been renovated, replaced, or added since 2006.

Student Investments

Between 2002 and 2011, there was $628 million invested in student housing and student services. Part of that investment was a move from leased to owned space, which will result in a cumulative cash flow surplus of $275 million over 30 years.

Design and Build of Kimmel Student Center (2002—2003)
$79 million
University Hall and Palladium Dorms (2002—2003)
$21 million
Gramercy Green Dorm (2008)
$295 million
12th Street Dorm (2010)
$138 Million
Global Center for Academic and Spiritual Life (2009—2011)
$95 Million

Faculty Investments

There was $38 million spent on new faculty housing and $67 million invested in renovations and upgrades to existing faculty housing.

Purchase of Faculty Housing at 120 West 15th Street
(Armory Apartments) (2002)
$38 million
Apartments (2006—2010)
$67 million Including $30 million funded through the FAS Partners Program

Infrastructure Investments

Between 2007 and 2011, there was $349 million invested in renovations and upgrades and in replacing leased space with owned space. The purchase of 730 Broadway enabled the University to replace 140,000 square feet of leased space with 200,000 square feet of owned space.

Cogeneration Plant (2007—2011)
$137 million Renovations / Upgrade
Purchase of 730 Broadway (2009)
$212 million

Financial Measures

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Financial Measures

Between Fiscal Years 2002 and 2013.

Endowment

The endowment for all parts of the University including NYU Langone Medical Center was $3.121 billion at the end of fiscal 2013 – an increase of 175%.


The data below include NYU's Washington Square campus and all NYU sites within the global network, but not the assets and operating results of NYU Polytechnic School of Engineering.

Net Assets

Net assets more than doubled over this period, to $3.6 billion.

Excess of Operating Revenues over
Operating Expenses

The University's Excess of Operating Revenues over Operating Expenses increased from $10 million to $63 million between 2002 and 2013, according to the University's audited financial statements. As part of the the University's capital budgeting process, the University Board directs that the Excess of Operating Revenues over Operating Expenses be used as working capital in support of the University's capital requirements. As such, it is annually budgeted for capital maintenance and other projects authorized by the Board.

Cash & Unrestricted Investments

The University’s cash and unrestricted investments increased from $699 million in fiscal 2002 to $1.9 billion in fiscal 2013.

Financial Aid

Total disbursements of financial aid increased by 151%, compared with a 105% increase in total revenue from tuition and fees. As a percentage of tuition and fees, financial aid increased from 17% in fiscal 2002 to 22% in fiscal 2013.

Grants and Contracts

There was a 324% increase in grants and contracts.

Instruction, Research & Libraries

The total expenditures for Instruction, Research & Libraries increased by 98% to $1.4 billion. As a percent of total expenditures, this category of expense increased from 57% in fiscal 2002 to 58% in fiscal 2013.

Auxiliary, General and Administrative, and Institutional Services

The total expenditures for Auxiliary, General and Administrative, and Institutional Services were $577 million in fiscal 2013, an increase over the eleven year period of 62%. As a percent of total expenditures, this category of expense decreased from 29% in fiscal 2002 to 23% in 2013. During the period of major re-engineering of the University’s administrative and auxiliary services (2008 – 2010), this category of expenditure decreased by 5%, while Instruction, Research and Libraries increased by 10%.

Depreciation and Amortization

Depreciation and amortization increased as a percent of total expenditures from 5% in fiscal 2002 to 9% in fiscal 2013. This reflects the major investments in the University’s physical plant over that time.

Bond Rating

NYU received the first public rating on its debt in 2008, and has maintained ratings of "Aa3" and "AA-" by Moody's and S&P, respectively, since that time.

Rankings

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Rankings Data

Between 2002 and 2013 NYU’s rankings, in almost all disciplines, and as an institution, both domestically as well as internationally, have improved.

Times Higher Education

In just the last three years alone, NYU has swiftly risen in the World and US reputational and university rankings as measured by Times Higher Education.

Times Higher Ed (THE) World Reputation Rankings

Times Higher Ed (THE) World University Rankings

World University Rankings

In other world university rankings NYU has also made dramatic advances.

Shanghai Jiao Tong University Academic Ranking of World Universities

Quacquarelli Symonds (QS) World University Rankings*

*The QS rankings were originally published in collaboration with The Times Higher Education from 2004 – 2009 as the Times Higher Education – QS World University Rankings. In 2010, the collaboration ended; QS continued to publish using the existing methodology, with THE creating a new methodology (above) with Thompson Reuters

US News and World Report

US News and World Report Best Colleges and Universities / National Universities

US News and World Report Graduate School Rankings / Professional Schools

US News and World Report Graduate School Rankings / Ph.D. Programs/ Humanities and Soc. Sciences

US News and World Report Graduate School Rankings/Ph.D. Programs/ The Sciences

Faculty & Administration

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Faculty Honors and Awards

Since 2002, faculty have been awarded:

  • Two Nobel Prizes in economics and one in medicine (plus the recruitment of a third in economics)
  • Three Abel Prizes for outstanding scientific work in the field of mathematics
  • One National Medal of Science
  • One National Medal of Technology and Innovation
  • Three National Humanities Medal winners
  • Pulitzer Prize for Poetry (plus the recruitment of 3 prior Pulitzer Prize winners to the faculty)

Faculty membership in the National Academy of Sciences increased from 18 in 2002 to 29 in 2012 (including one emeritus).

National Academy of Sciences Membership

Head Count and Salaries

Salary and head count figures are available in comparable form to today starting in fiscal 2004

Between 2004 and 2012, the number of full-time faculty whose primary appointment is at Washington Square increased by 562, or 27.9% (exclusive of new faculty for NYU Abu Dhabi and NYU Shanghai).

The number of full-time administrators in the schools and in University and auxiliary departments whose primary appointment is at Washington Square increased by 587, or 25% (exclusive of new administrators for NYU Abu Dhabi and NYU Shanghai).

Between 2004 and 2012, the total base salaries for faculty increased by 64.0%, while total base salaries for administrators increased by 60.5%.

Salary Rankings in the AAUP

Nine-month salaries and rankings are reported as of November 1 of each year for all faculty other than medical school faculty. At NYU, only faculty whose primary appointment is at Washington Square are reported.

Full Professors

The mean salary of NYU full professors for academic year 2012-2013 was $187,600. The salary ranked 6th overall in the 217-school AAUP universe of doctoral institutions.

Among all 1,142 AAUP institutions that reported in AY 2012-2013, the full professor mean salary at NYU ranked 6th.

Associate Professors

The mean salary of NYU associate professors in AY 2012-2013 was $107,700 and ranked 21st in the 217-school AAUP universe of doctoral institutions.

Among all 1,142 AAUP institutions that reported in AY 2012-2013, the associate professor mean salary ranked 24th.

Assistant Professors

The mean salary of NYU assistant professors in AY 2011-2012 was $105,300 and ranked 7th among the 217-school AAUP universe of doctoral institutions. In the prior year, the NYU assistant professor ranking was 9th.

Among all 1,142 AAUP institutions that reported in AY 2012-2013, the assistant professor mean salary at NYU ranked 7th, compared with 10th in the prior year.

Startups & Licensing

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Patents

License Income

No. 1 university in license income (2007-2011).

Raised Capital

More than 70 NYU start-ups formed raising over $1 billion.

Start-Ups

NYU has launched 87% more new start-up companies per research dollar expended than the national university average.

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