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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% |