University of Chicago

EIN: 362177139 501(c)(3) Education

Chicago, IL

Total Revenue
$5,617,072,703
Total Expenses
$5,563,252,626
Total Assets
$15,809,478,980
Net Assets
$9,040,649,825
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1890
Legal Domicile
IL
Phone
7738345819
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY OF CHICAGO, founded in 1890, is a large national nonprofit in the Education sector that reported $3.7B in total revenue in fiscal year 2017. Expenses of $3.5B left a modest 4% surplus.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,578,850,303
Program Service Revenue $2,658,019,400
Investment Income $295,466,410
Other Revenue $84,736,590
TOTAL REVENUE $5,617,072,703

Expense Breakdown

Grants Paid $789,348,850
Salaries & Benefits $3,038,813,648
Fundraising Expenses $65,908,109
Program Expenses $4,681,065,236
Other Expenses $1,734,644,546
TOTAL EXPENSES $5,563,252,626

Year-over-Year Comparison

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%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
49
Independent Members
45
Employees
29117
Volunteers
6996

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
17
$19,397,504
Total Directors
52
$2,082,741
Key Employees
2
$2,093,803
Highest Compensated
5
reported
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
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare University of Chicago with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.