Chicago, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)University of Chicago, founded in 1890, is a large national nonprofit in the Education sector that reported $5.6B in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.
THE MISSION OF THE UNIVERSITY OF CHICAGO HAS BEEN TO SUSTAIN AT THE HIGHEST LEVEL OF EXCELLENCE, THE COMMUNICATION OF KNOWLEDGE, THE CREATION OF KNOWLEDGE AND THE FOSTERING OF A DYNAMIC COMMUNITY OF SCHOLARS AND STUDENTS.
Instruction: In 2024-2025, the University enrolled 19,266 students; of that total, 7,559 were undergraduate students in the college (the University's undergraduate school), 4,677 were graduate...
Instruction: In 2024-2025, the University enrolled 19,266 students; of that total, 7,559 were undergraduate students in the college (the University's undergraduate school), 4,677 were graduate students, 6,277 were students in the University's professional schools and 753 were non-degree students.
Research: University of Chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and...
Research: University of Chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and biology and medicine, among other fields. In pursuit of these research endeavors, during fiscal year 2024-2025 the University was awarded a total of $811 million in research funding from federal agencies, non-federal government entities, corporations, foundations, and other sources. This fiscal year $549 million was expended from federal government sponsors of research, with the U.S. Department of Health and Human Services and the National Science Foundation providing the largest amounts of funding. Foundation research sponsorship awards totaled $109 million, followed by corporate research sponsorship of $104 million. The University also conducts scientific research in collaboration with Argonne National Laboratory, owned by the United States Government and operated by the University through a disregarded entity, under the terms of a cost reimbursement contract with the U.S. Department of Energy. Argonne is a multi-purpose science laboratory with a $1,109 million annual budget and approximately 4,754 employees. Program Service research expenditures were $657 million and are included in the research program service expense amount, as is required for a disregarded entity. In addition, Fermi Research Alliance, LLC, an entity jointly owned by the University and Universities Research Association Inc., operates Fermi National Accelerator Laboratory ("Fermilab") for the U.S. Department of Energy. Fermilab is the nation's preeminent center for high-energy physics and an international center for scientific research in elementary particle physics and astrophysics. Fermilab has a $736 million annual budget and approximately 2,024 employees.
Scholarships & Fellowships: The University meets 100% of a student's demonstrated need with an extensive financial aid program which is designed to enable the most qualified students to attend the...
Scholarships & Fellowships: The University meets 100% of a student's demonstrated need with an extensive financial aid program which is designed to enable the most qualified students to attend the University regardless of their financial circumstances. For the 2024-2025 academic year, approximately 45% of all students in the College received financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships amounted to $647.6 million. Of this amount, approximately $495.9 million was provided from unrestricted funds; the remaining $151.7 million came from restricted sources. Approximately 19% of students in the College (the University's undergraduate college) currently receive Odyssey Scholarships. The Odyssey Scholarships provide increased access by providing scholarship support for first generation students and students with family incomes typically below $125,000. The Odyssey Scholarship also provides funds for other educational opportunities like study abroad and providing a paid internship after the student's first year in the College. In October 2014, The University launched the No Barriers Program to eliminate the student loan requirement from all undergraduate, need-based financial aid packages. The loans were replaced by the University with direct grants. Beginning with the class of 2023, the University's Empower initiative will provide a grant/scholarship award guaranteed to cover full-tuition for families earning less than $125,000 and full-tuition, fees and room and board for families earning less than $60,000. In 2019, the University announced a new funding model for doctoral students. All students are guaranteed full tuition support, paid health insurance and an annual stipend of at least $31,000, beginning with students enrolling in 2020-2021.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,617,072,703 | $4,888,334,650 | +0.1% |
| Expenses | $5,563,252,626 | $5,247,378,934 | +0.1% |
| Net Income | $53,820,077 | $-359,044,284 | -1.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| A Paul Alivisatos | PRESIDENT | 40.0 |
Officer
Director
|
$2,031,564 | $51,177 | $2,082,741 |
| ANDREW M ALPER | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| ANDREW M ROSENFIELD | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| ANTONIO J GRACIAS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| ASHLEY D JOYCE | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Barry Fields | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| BRADY W DOUGAN | TRUSTEE (UNTIL MARCH 2025) | 2.0 |
Director
|
$0 | $0 | $0 |
| BRETT J HART | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| BRIEN M O'BRIEN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| BYRON D TROTT | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| DANIEL L DOCTOROFF | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| DAVID M RUBENSTEIN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| DEBRA A CAFARO | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| DONALD R WILSON JR | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| EMILY NICKLIN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| EMMANUEL ROMAN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| FRANK A BAKER II | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| GREGORY W WENDT | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| GURU RAMAKRISHNAN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| HILARIE KOPLOW-MCADAMS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Hilary Krane | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JASON J TYLER | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JOHN A EDWARDSON | TRUSTEE (UNTIL MAY 2025) | 2.0 |
Director
|
$0 | $0 | $0 |
| JOHN LIEW | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JOHN W ROGERS JR | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Katherine Adams | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| KENNETH M JACOBS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MARY A TOLAN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MARY LOUISE GORNO | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL J KLINGENSMITH | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL P POLSKY | TRUSTEE (UNTIL MAY 2025) | 2.0 |
Director
|
$0 | $0 | $0 |
| MICHELE KANG | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MYRTLE S POTTER | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| NASSEF O SAWIRIS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Paul Carbone | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| PAUL G YOVOVICH | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RACHEL D KOHLER | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| REBECCA JARVIS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Richard Gonzalez | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Richard Wallman | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RIKA MANSUETO | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RODNEY L GOLDSTEIN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| SATYA NADELLA | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| STEPHANIE F HARRIS | TRUSTEE (EFF. MAY 2025) | 2.0 |
Director
|
$0 | $0 | $0 |
| STEVEN A KERSTEN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| STEVEN A WYMER | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| TANDEAN RUSTANDY | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| THOMAS F DUNN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| THOMAS J PRITZKER | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| THOMAS RICKETTS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Valerie Jarrett | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Vasant Narasimhan | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Andrew Ward | VP AND CHIEF INVEST. OFFICER | 40.0 |
Officer
|
$2,690,389 | $69,007 | $2,759,396 |
| Armin Afsahi | VP FOR ALUMNI RELATIONS AND DEV. | 40.0 |
Officer
|
$929,001 | $60,446 | $989,447 |
| Christian Mitchell | VP CIVIC ENGAGEMENT (UNTIL 7/18/2025) | 40.0 |
Officer
|
$640,070 | $42,470 | $682,540 |
| Erin Lane | VP AND CHIEF OF STAFF | 40.0 |
Officer
|
$571,363 | $49,817 | $621,180 |
| Ivan Samstein | ENTERPRISE CHIEF FINANCIAL OFFICER | 40.0 |
Officer
|
$138,158 | $255,898 | $2,189,928 |
| James Nondorf | VP ENROLL. & STUDENT ADV. | 40.0 |
Officer
|
$942,881 | $43,545 | $986,426 |
| Juan Jose De Pablo | VP FOR NATIONAL LABORATORIES (UNTIL 10/1/2024) | 40.0 |
Officer
|
$718,364 | $59,745 | $778,109 |
| Katherine Baicker | PROVOST | 40.0 |
Officer
|
$1,096,988 | $53,944 | $1,150,932 |
| Kimberly Taylor | VP & GENERAL COUNSEL (UNTIL 8/2/2024) | 40.0 |
Officer
|
$607,418 | $55,583 | $663,001 |
| Lori Berko | VP & SECRETARY | 40.0 |
Officer
|
$660,240 | $44,024 | $704,264 |
| Mark Anderson | EXEC. VP MEDICAL AFFAIRS | 40.0 |
Officer
|
$3,233,711 | $61,305 | $3,295,016 |
| Michael Delorenzo | VP FOR OPERATIONS (EFF. 9/15/24) | 40.0 |
Officer
|
$272,831 | $21,660 | $294,491 |
| Michele Rasmussen | DEAN OF STUDENTS (UNTIL 9/2/2024) | 40.0 |
Officer
|
$544,882 | $37,803 | $582,685 |
| Nadya Mason | INTERIM VP FOR SCIENCE, INNOVATION, AND PARTNERSHIPS | 40.0 |
Officer
|
$824,806 | $51,825 | $876,631 |
| Paul Rand | VP COMMUNICATIONS (UNTIL 8/15/25) | 40.0 |
Officer
|
$669,094 | $71,623 | $740,717 |
| Robert Hochman | VP AND GENERAL COUNSEL (EFF. 6/16/25) | 40.0 |
Officer
|
$0 | $0 | $0 |
| Ka Yee Christina Lee | INTERIM DEAN | 40.0 |
Key Emp
|
$811,668 | $116,703 | $928,371 |
| Madhav Rajan | DEAN BOOTH SCHOOL OF BUSINESS | 40.0 |
Key Emp
|
$1,137,816 | $27,616 | $1,165,432 |
| Christopher Salerno | PROFESSOR | 40.0 |
Highest
|
$1,737,859 | $70,365 | $1,808,224 |
| Husam Balkhy | PROFESSOR OF SURGERY | 40.0 |
Highest
|
$1,568,976 | $59,378 | $1,628,354 |
| Luca Vricella | PROFESSOR OF SURGERY | 40.0 |
Highest
|
$1,745,161 | $71,022 | $1,816,183 |
| Mohamed Farhat | PROFESSOR | 40.0 |
Highest
|
$1,504,568 | $61,217 | $1,565,785 |
| Valluvan Jeevanandam | PROFESSOR OF SURGERY | 40.0 |
Highest
|
$2,200,677 | $50,196 | $2,250,873 |
| DAVID BARCLAY | CHIEF OPERATING OFFICER CRSP | 0.0 |
|
$0 | $53,556 | $1,195,328 |
| Kenneth S Polonsky | EXEC. VP MEDICAL AFFAIRS (THRU 9/30/22) | 40.0 |
|
$644,894 | $57,878 | $702,772 |
| Laila Rashid | VP & ASSOCIATE DEAN | 40.0 |
|
$576,632 | $28,616 | $605,248 |
| MaryFrances McCourt | CHIEF FINANCIAL OFFICER (UNTIL 10/1/2023) | 0.0 |
|
$1,500,000 | $0 | $1,500,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,617,072,703 | $5,563,252,626 | $15,809,478,980 | $53,820,077 |
| 2024 | No data | No data | No data | No data |
| 2023 | $4,659,559,211 | $4,828,941,301 | $14,662,331,676 | $-169,382,090 |
| 2022 | $4,613,831,972 | $4,424,487,118 | $14,408,247,538 | $189,344,854 |
| 2021 | $4,208,313,004 | $3,761,982,970 | $15,615,348,444 | $446,330,034 |
| 2020 | $3,705,144,407 | $4,101,909,518 | $12,940,284,083 | $-396,765,111 |
| 2019 | $4,490,577,850 | $3,819,615,625 | $12,698,965,590 | $670,962,225 |
| 2018 | $3,698,811,375 | $3,542,724,827 | $11,669,737,422 | $156,086,548 |
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