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Operating Financials

 

Value of Plant and Invested Assets, Fiscal Year 2024

Asset Value
(in millions)
Land, buildings, and equipment, net book value $5,425.5
Market value of endowed funds $24,572.7
Market value of total investments $31,751.8

Gifts and Pledge Payments to MIT, Fiscal Year 2024

Source Amount
(in millions)
Foundations $322.2
Individuals $174.2
Corporations $102.1
Other $0.1
Total $598.6

Gift and Pledge Payment Designations, Fiscal Year 2024

Designation Amount
(in millions)
Research and education programs $376.3
Graduate fellowships $69.0
Unrestricted $32.4
Scholarships and other undergraduate aid $30.8
Construction and renovations $29.6
Faculty chairs $23.2
Undesignated and miscellaneous $19.3
Undergraduate education and student life $18.0
Total $598.6

Operating Expenditures, Fiscal Year 2024

Category Expenditures
(in millions)
%
Sponsored research $2,102.8 44%
Instruction and unsponsored research $1,567.1 33%
General and administrative* $1,112.8 23%
Total $4,782.7 100%

* Includes auxiliary enterprises and Alumni Association.

Operating Revenues, Fiscal Year 2024

Category Revenues
(in millions)
%
Investment return to operations $1,481.1 29%
Sponsored support—Lincoln Laboratory $1,367.2 27%
Sponsored support—Campus $933.5 19%
Tuition, net of discount $428.0 8%
Gifts and bequests for operations $400.3 8%
Other revenue $275.0 5%
Auxiliary enterprises $161.5 3%
Sponsored support—Singapore-MIT Alliance for Research and Technology $24.2 1%
Total $5,070.8 100%