New York University

What it reported doing in 2024

Research and scholarship: as a member of the association of american universities (aau) and classified as an r1 institution, nyu is a top-tier recipient of funding from the nih, nsf, and other major federal and private agencies. 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 u.s. 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. (continued on schedule o)

Financial Efficiency

• Mission deployment rate: 85.5%; rating input score 85
• Program expense ratio: 86.8%; rating input score 87
• Fundraising efficiency: $27.78 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 99.7%; rating input score 100; 42nd percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 86%; rating input score 86; 31st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 4.4%; rating input score 54; 54th percentile among comparable filings
• Total-asset coverage ratio: 1.99; rating input score 62; 62nd percentile among comparable filings
• Liabilities to assets ratio: 0.6; rating input score 28; 28th percentile among comparable filings
• Officer compensation ratio: 0.6%; rating input score 83; 83rd percentile among comparable filings

Growth

• Program expense growth: 7.6% per year; rating input score 100; 61st percentile among comparable filings
• Revenue growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
• Asset growth: 8% per year; rating input score 100; 59th percentile among comparable filings