Financial statements

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Amazingly for such a disorganized bureaucracy, Columbia manages to keep a decent set of financial statements. Both brief and extensive descriptions of the university's cash flows are available for those with enough accounting skills to decode them.

A summary for the year ended June 30, 2006 states:

  • Revenues $2,709,865,000
    • Government grants and contracts 24%
    • Tuition and fees 19%
    • Other educational and research activities 15%
    • Medical faculty practice plans 15%
    • Private gifts, grants, and contracts 12%
    • Investment income and gains utilized 11%
    • Other 4%
  • Expenses $2,540,033,000
    • Instruction, research, and educational administration 59%
    • Medical faculty practice plans 15%
    • Institutional support 6%
    • Operation and maintenance of plant 5%
    • Depreciation 5%
    • Other 3%
    • Auxiliary enterprises 3%
    • Library 2%
    • Interest 2%
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