2024 Operating Revenue Sources
$ IN THOUSANDS
 Private gifts and grants for operations |
$8,679 |
| Investment income designated for operations |
$7,985 |
 Student tuition and fees |
$106,748 |
 Restaurants and other sources |
$18,701 |
 Student housing revenues |
$23,598 |
 Non-credit tuition |
$11,627 |
| TOTAL | $177,338 |
2024 Distribution of Expenses
$ IN THOUSANDS
| Salaries and employee benefits |
$77,614 |
| Contracted Services |
$33,522 |
| Supplies, services, and other |
$15,291 |
| Depreciation |
$10,113 |
| Food and beverage |
$12,154 |
| Utilities and occupancy |
$7,420 |
| Interest expense on indebtedness |
$4,768 |
| TOTAL | $160,855 |
Endowment vs. Long-Term Debt
$ IN MILLIONS
| Endowment ($) |
Long-Term Debt ($) |
|
| 2020 | 128 | 131 |
| 2021 | 162 | 117 |
| 2022 | 151 | 120 |
| 2023 | 144 | 115 |
| 2024 | 155 | 109 |
Assets & Net Assets
$ IN MILLIONS
| Assets ($) |
Net Assets ($) |
|
| 2020 | 478 | 285 |
| 2021 | 500 | 331 |
| 2022 | 495 | 332 |
| 2023 | 520 | 348 |
| 2024 | 555 | 387 |
CONSOLIDATED BALANCE SHEET
May 31, 2024 ($ IN THOUSANDS)
| ASSETS | |
| Cash and short-term investments | $54,186 |
| Investments | $185,196 |
| Student accounts receivables (net) | 4,478 |
| Other assets | $5,648 |
| Contributions receivable (net) | $30,714 |
| Deposits with bond trustees | $6,498 |
| Lease assets | $6,484 |
| Land, buildings, and equipment (net) | $253,238 |
| TOTAL ASSETS | $554,514 |
| LIABILITIES | |
| Accounts payable and other liabilities | $22,180 |
| Deferred revenue | $26,879 |
| Bonds payable | $109,154 |
| Lease liabilities | $9,217 |
| Total Liabilities | $167,430 |
| Total Net Assets | $387,084 |
| TOTAL LIABILITIES AND NET ASSETS | $554,514 |