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NEW YORK UNIVERSITY

NEW YORK, NY · EIN 135562308 · Form 990 · FY2023 · NTEE B430 · Education · Very Large (>$50M) · nyu.edu
revenue
$11.6B
expenses
$11.1B
net assets
$8.7B
employees
54,390
volunteers
6,553
program ratio
86%
mission · from form 990

NYU IS A PRIVATE UNIVERSITY WITH APPROXIMATELY 60,000 MATRICULATING STUDENTS IN 20 SCHOOLS AND INSTITUTES.

profile · synthesized from sources

New York University is a private research university with degree-granting campuses in New York City, Abu Dhabi, and Shanghai, and 12 global academic centers. It serves over 65,000 students across 20 schools and conducts $1.27 billion in annual research. NYU emphasizes global education, urban engagement, and interdisciplinary scholarship, with a mission to be a leading international center for teaching, research, and innovation.

irs program accomplishments · form 990 part iii · fy2023

What they reported doing

  1. #1 primary $3.08B
    EDUCATION: FOUNDED IN 1831, NYU IS AMONG THE LARGEST PRIVATE NOT-FOR-PROFIT RESEARCH UNIVERSITIES IN THE U.S., WITH 20 SCHOOLS AND INSTITUTES, APPROXIMATELY 5,000 FULL-TIME FACULTY MEMBERS, AND APPROXIMATELY 60,000 MATRICULATING STUDENTS. NYU ANNUALLY CONFERS OVER 22,000 UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES; IT PROVIDES OVER $650 MILLION PER YEAR IN SCHOLARSHIP AID TO UNDERGRADUATES AND SINCE THE FALL OF 2021 HAS MET DEMONSTRATED NEED FOR INCOMING FIRST-YEAR UNDERGRADUATES. NYU HAS AN UNPARALLELED INTERNATIONAL PRESENCE WITH THREE DEGREE-GRANTING LIBERAL ARTS RESEARCH UNIVERSITY CAMPUSES (IN NEW YORK, ABU DHABI, AND SHANGHAI) AND 13 GLOBAL ACADEMIC SITES (FOR STUDY ABROAD) ON SIX CONTINENTS; SENDS MORE STUDENTS TO STUDY ABROAD THAN ANY OTHER U.S. COLLEGE OR UNIVERSITY; AND ENROLLS MORE INTERNATIONAL STUDENTS THAN ANY OTHER U.S. UNIVERSITY.
  2. #2 $1.28B
    RESEARCH AND SCHOLARSHIP: NYU IS A MAJOR RESEARCH INSTITUTION, WITH SIGNIFICANT SUPPORT FROM NIH, NSF AND OTHER FUNDERS; IT IS A TOP 12 INSTITUTION NATIONALLY IN THE NSF'S ANNUAL HIGHER EDUCATION RESEARCH AND DEVELOPMENT SURVEY (AND #1 IN NEW YORK STATE), AND IT IS ONE OF THE SELECT GROUP OF US UNIVERSITIES WITH RESEARCH EXPENDITURES EXCEEDING $1 BILLION PER YEAR. THE RESEARCH AND CREATIVE OUTPUT OF NYU'S SCHOLARS HAVE LED TO THE RECEIPT OF NOBEL PRIZES; ABEL PRIZES; PULITZER PRIZES; GUGGENHEIMS; THE NATIONAL MEDAL OF THE ARTS; THE NATIONAL MEDAL OF SCIENCE; THE NATIONAL MEDAL OF TECHNOLOGY; NSF WATERMAN AWARDS; MAX PLANCK AWARDS; THE KAVLI PRIZE; MEMBERSHIP FOR DOZENS OF FACULTY IN THE NATIONAL ACADEMIES OF SCIENCES, ENGINEERING, AND MEDICINE; ACADEMY AWARDS; TONY AWARDS; AND GRAMMY AWARDS, AMONG MANY OTHER HONORS FOR THE UNIVERSITY'S FACULTY. NYU FACULTY FINDINGS ARE REGULARLY PUBLISHED IN TOP JOURNALS ACROSS A BROAD RANGE OF SCHOLARLY DISCIPLINES. IN 2024, CLARIVATE ANALYTICS' HIGHLY CITED RESEARCHERS LIST NAMED TWENTY-FIVE NEW YORK UNIVERSITY PROFESSORS AMONG THE WORLD'S MOST-CITED RESEARCHERS. NYU HAS LEADING PROGRAMS IN ECONOMICS, MATHEMATICS (AND PARTICULARLY APPLIED MATHEMATICS), NEUROSCIENCE, GENOMICS, SOFT CONDENSED MATTER PHYSICS, SOCIOLOGY, PHILOSOPHY, THE LAW, MEDICINE AND BIO-MEDICAL SCIENCES, THE CINEMATIC AND PERFORMING ARTS, AND BUSINESS AND FINANCE, AMONG MANY OTHER SCHOLARLY FIELDS.
named programs · 4 · from sources

What they call their work

Berkley Institute for Civil Discourse and Civic Solutions
Engages students, scholars, and leaders with diverse perspectives to bridge societal divisions and promote civil dialogue
NYU Center for Robotics and Embodied Intelligence
Brooklyn-based hub where researchers develop AI-powered machines capable of autonomous action in complex environments
NYU Promise
Program that eliminates tuition for NYU students from families earning less than $100,000 annually
Smartphone Cinema
NYU Los Angeles program teaching students filmmaking fundamentals using only smartphones in real LA locations
activities · 16 groups

What they do

  • Research Facility Management 1 activity
    • Conducts advanced robotics and AI research in real-world environments
      Operates a research center in Brooklyn focused on robotics and embodied intelligence, developing AI-driven machines capable of autonomous action in complex environments such as operating rooms and disaster zones.
  • Residential Care for At-Risk Youth 1 activity
    • Conducts health and social interventions for vulnerable populations
      Develops and implements interventions to support Ugandan children living with HIV who have lost one or both parents, combining research with direct support.
  • Higher Education Degree Programs 1 activity
    • Delivers broad access to academic programs
      Offers over 4,000 courses and provides access to hundreds of degree and non-degree programs for over 50,000 students globally.
  • Comprehensive Community Service Hubs 1 activity
    • Delivers community health and service programs in NYC
      Provides free or low-cost dental care to 50,000 low-income New Yorkers annually, contributes 93,000 service hours to public schools, and engages 16,000 students in community service each semester.
  • Alumni Community Building 1 activity
    • Engages alumni through service and lifelong learning
      Organizes global service events for alumni and provides access to academic resources through the NYU Alumni eLibrary, while formally inducting new alumni cohorts through commencement ceremonies.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Expands access through financial aid and scholarship programs
      Offers the NYU Promise, eliminating tuition for students from families earning under $100,000, and established the Berkley Achievement Scholarships for NYU Stern students.
  • International Student Recruitment & Academic Partnerships 1 activity
    • Facilitates inter-institutional academic collaboration
      Connects faculty and administrators from over 50 colleges and universities through lectures, symposia, seminars, and visiting scholar programs.
  • Youth & Emerging Filmmaker Training 1 activity
    • Offers experiential filmmaking education using mobile technology
      Offers a filmmaking course at NYU Los Angeles where students create 3- to 5-minute films using only smartphones, natural light, and real LA locations.
  • Art Appreciation and Public Engagement 1 activity
    • Offers specialized courses leveraging New York City’s cultural resources
      Provides courses such as galleries and museums in NYC through NYU Steinhardt, enabling students to engage with the city’s status as a global visual art capital.
  • Nonprofit Capacity Building Services 1 activity
    • Provides employee support services
      Offers HR, payroll, technology, and facility support services for NYU employees through integrated systems and a Client Services Center.
  • Study Abroad and Global Immersion Programs 1 activity
    • Provides global university education across multiple campuses
      Offers a multidisciplinary academic experience through degree-granting campuses in New York City, Abu Dhabi, and Shanghai, along with 13 global academic centers in cities such as London, Paris, and Sydney, serving over 50,000 students globally.
  • Fundraising for Community and Charitable Initiatives 1 activity
    • Raises funds for local charitable causes
      Raises $4 million annually for local charities through university-affiliated initiatives.
  • Research and Scholarly Fellowship Support 1 activity
    • Recognizes and supports faculty research excellence
      Recognizes faculty achievements, including multiple AAAS Fellowships, and supports research excellence through grants and development programs.
  • Student Support and Academic Services 1 activity
    • Supports student success through comprehensive services
      Provides academic advising, financial and housing support, wellness resources, and individualized assistance through student success specialists to support student persistence and well-being.
  • Youth-Led Student Publications 1 activity
    • Supports student-run publications at global campuses
      Supports student-run print magazines at NYU global sites, including distribution of the NYU Berlin magazine Durch to all students and staff at that location.
  • Uncategorized 5 activities
    • Advances educational innovation through research partnerships
      Launched the Higher Education Design Lab in partnership with SUNY to evaluate and accelerate innovations in higher education.
    • Conducts interdisciplinary research with public health and policy impact
      Conducts studies and expert analyses on topics including AI use in mental health, cultural alignment with education level, brown fat activation, light-controlled material assembly, pharmaceutical advertising regulations, and public health risks related to major events like the 2026 World Cup.
    • Hosts public exhibitions of historical significance
      Hosted an exhibition of the Berkley Collection featuring the Declaration of Independence and the Grievances at the Grey Art Museum.
    • Operates high-performance computing infrastructure for research
      Operates Torch, one of the most powerful and energy-efficient supercomputers in higher education, to support scientific research across disciplines.
    • Promotes civil discourse and civic engagement
      Established the Berkley Institute for Civil Discourse and Civic Solutions to engage students, scholars, and leaders in addressing societal divisions.
financials · form 990 · fy2023
revenue
Total revenue$11.62B
Contributions & grants$1.72B15%
Program service revenue$9.02B78%
Investment income$275.86M2%
Other revenue$598.50M
expenses
Total expenses$11.11B
Program expenses86%
Admin / overhead13%
Fundraising1%
Salaries & benefits$6.64B
Grants paid out$1.02B
Largest expense lineCompensation
balance sheet
Total assets$21.12B
Cash$1.35B
Investments$6.70B
Liabilities$12.40B
Net assets$8.72B
Liquid reserves8.7 mo
5 years on record · 2019–2023 · YoY revenue +10.8%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 24
NameTitleHours/wkCompensation
ROBERT GROSSMAN EVP, NYU LANGONE HEALTH 30 $36.02M
DANIEL J WIDAWSKY EVP/VICE DEAN/CFO (END DATE: 1/31/2024) & TRUSTEE (START DATE: 06/05/2024) 30 $11.62M
ANDREW BROTMAN MD EVP/VICE DEAN/CHIEF CLINICAL OFFICER 30 $9.72M
VICKI MATCH SUNA AIA EVP/VICE DEAN, REAL ESTATE 30 $6.12M
Nader Mherabi EVP/Vice Dean, CIO 30 $6.09M
NANCY SANCHEZ EVP/VICE DEAN, HR AND ODL 30 $6.07M
GRACE Y KO EVP Development & Alumni Affairs 30 $5.62M
KATHLEEN JACOBS CHIEF INVESTMENT OFFICER (End date: 09/30/2023) 50 $4.07M
ANDREW HAMILTON FORMER PRESIDENT & TRUSTEE 70 $2.85M
LINDA MILLS PRESIDENT & TRUSTEE 70 $1.44M
MARTIN DORPH EXECUTIVE VICE PRESIDENT 50 $1.38M
LINDA CHIARELLI SVP OF CAP PROJECTS & FACILITIES 50 $1.29M
STEPHANIE PIANKA CFO (END DATE: 04/12/2024) 50 $909K
GEORGINA DOPICO PROVOST (Start Date: 06/05/2024) 50 $867K
AISHA OLIVER-STALEY GEN. COUNSEL & SECRETARY 50 $866K
ROBERT CASHION Former SVP, UDAR 50 $658K
PIETRINA SCARAGLINO FORMER ASSOCIATE SECRETARY 30 $574K
JANINE WILCOX TREASURER 50 $509K
MATHEW VARUGHESE Assoc. VP, Deputy GEN. COUNSEL and Assoc. Secretary 50 $462K
THOMAS KOZAK ASSOCIATE SECRETARY 50 $459K
THOMAS J CAREW FORMER DEAN OF FAS 50 $431K
SUSAN SAWYER Assistant Secretary (START DATE: 10/12/2023) 50 $299K
EVAN R CHESLER TRUSTEE & CHAIR 30 $2K
DAVID KATZ TRUSTEE & EXEC VICE CHAIR 10 $1K
board members · 1
  • ALAN GALLO — TRUSTEE (START DATE: 09/01/2023)
relationships · 16

Who they work with

  • American Association for the Advancement of Science Network — Four NYU faculty have been named AAAS Fellows, indicating recognition and affiliation with the organization.
  • Berkley Family Foundation Partner — Philanthropic partner that funded the Berkley Achievement Scholarships, the NYU Promise, and the Berkley Institute for Civil Discourse and Civic Solutions.
  • Dream Downtown Partner — Provides discounted reservations to NYU alumni through a partnership with Dream Downtown.
  • Fulbright Program Network — Recognized as a top producing institution for Fulbright students
  • MetLife Stadium Partner — Site of 2026 World Cup matches referenced in NYU expert analysis of regional impacts.
  • NYU Abu Dhabi Partner — Degree-granting campus of NYU located in Abu Dhabi.
  • NYU Abu Dhabi Partner — Degree-granting portal campus within NYU's global network.
  • NYU Abu Dhabi Partner — Operates as a degree-granting campus within NYU's global university system.
  • NYU Shanghai Partner — Degree-granting campus of NYU located in Shanghai.
  • NYU Shanghai Partner — Degree-granting portal campus within NYU's global network.
  • NYU Shanghai Partner — Operates as a joint research university partnership between NYU and Chinese institutions.
  • New York City public schools Partner — Receives 93,000 hours of service annually from NYU students, faculty, and staff
  • SUNY Partner — Partnered with NYU to launch the Higher Education Design Lab focused on educational innovation.
  • Scholars at Risk Network Network — NYU is affiliated with the Scholars at Risk Network, which supports academic freedom and protects threatened scholars.
  • StudentLink Partner — Provides centralized support for financial aid, registration, billing, and international student services
  • Times Square Alliance Partner — Hosts NYU student interns, such as Maria Sarria, providing experiential learning opportunities.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Global-Interdisciplinary Network Model
    methodology: global_interdisciplinary_network
    By embedding campuses in major world cities and promoting interdisciplinary collaboration, NYU advances learning and problem-solving, because global and cross-disciplinary engagement exposes students and faculty to diverse contexts and complex real-world challenges.
  • Research-Education Integration
    methodology: research-education_integration
    By having active researchers teach students, NYU strengthens both teaching and discovery, because the exchange of ideas in research and education creates a dynamic feedback loop that enhances scholarly and pedagogical impact.
  • Social Mobility through Inclusive Access
    methodology: social_mobility_focus
    By prioritizing access for low-income and first-generation students, NYU advances social mobility, because equitable inclusion in a high-quality, globally connected education enables upward economic and professional mobility for underrepresented populations.
  • Student-Centered Flexible Pathways
    methodology: student-centered flexible pathways
    By enabling interdisciplinary, global, and flexible study options, NYU increases student engagement and educational relevance, because autonomy in shaping one’s academic journey fosters ownership, motivation, and alignment with individual goals.