Expenditures for salaries and employee benefits comprise 55% of all expenses. NYU employs approximately 10,000 individuals in academic positions as full-time and part-time faculty members and researchers, and approximately 6,000 individuals as full-time and part-time technical, clerical, service, and administrative employees at its New York campus alone. In addition, NYU employs approximately 9,000 students in part-time positions throughout the year.

General operating expenses and professional services and fees account for 16% and 5%, respectively, of the budget.

Operation and maintenance of the physical plant accounts for 20% of the expense budget, divided as follows: 7% for cleaning and building maintenance contracts, 6% for debt service, 5% for rent, 1% for energy, and 1% for all other expenses.

The budget includes a reserve for academic investments designated by the Provost and a general contingency, which combined account for 1% of the budget. Transfers to non-operating funds, primarily the capital fund for construction and information technology projects, account for 3% of the budget.

$3.378 billion
Fiscal 2019 Budget
Expense by Category

Fiscal 2019 Budget Expense by Category Pie Chart

Fiscal 2019 Budget Expense by Category Data