EIN 36-2177139

The University of Chicago (UChicago)

IRS 501(c) type
501(c)(3)
Num. employees
28,318
Year formed
1890
Most recent tax filings
2023-06-01
Description
The University of Chicago is an urban research university that has driven new ways of thinking since 1890. Their commitment to free and open inquiry draws inspired scholars to their global campuses where ideas are born that challenge and change the wo...
Also known as...
Uchicago Argonne LLC
Total revenues
$4,659,559,211
2023
Total expenses
$4,828,941,301
2023
Total assets
$14,662,331,676
2023
Num. employees
28,318
2023

Program areas at UChicago

Instruction: In 2022-2023, the University enrolled 18,568 students; of that total, 7,496 were undergraduate students in the college (the University's undergraduate school), 4,350 were graduate students, 6,172 were students in the University's professional schools and 550 were non-degree students.
Scholarships & Fellowships: The University meets 100% of a student's demonstrated need with an extensive financial aid program which is designed to enable the most qualified students to attend the University regardless of their financial circumstances. For the 2022-2023 academic year, approximately 50% of all students in the College received financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships amounted to $583.7 million. Of this amount, approximately $429.1 million was provided from unrestricted funds; the remaining $154.6 million came from restricted sources. Approximately 20% of students in the College (the University's undergraduate college) currently receive Odyssey Scholarships. The Odyssey Scholarships provide increased access by providing scholarship support for first generation students and students with family incomes typically below $125,000. The Odyssey Scholarship also provides funds for other educational opportunities like study abroad and providing a paid internship after the student's first year in the College. In October 2014, The University launched the No Barriers Program to eliminate the student loan requirement from all undergraduate, need-based financial aid packages. The loans were replaced by the University with direct grants. Beginning with the class of 2024, the University's Empower initiative will provide a grant/scholarship award guaranteed to cover full-tuition for families earning less than $125,000 and full-tuition, fees and room and board for families earning less than $60,000. In 2019, the University announced a new funding model for doctoral students. All students are guaranteed full tuition support, paid health insurance and an annual stipend of at least $31,000, beginning with students enrolling in 2020-2021.
Research: University of Chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and biology and medicine, among other fields. In pursuit of these research endeavors, during fiscal year 2022-2023 the University was awarded a total of $755 million in research funding from federal agencies, non-federal government entities, corporations, foundations, and other sources. This fiscal year $542 million was expended from federal government sponsors of research, with the U.S. Department of Health and Human Services and the National Science Foundation providing the largest amounts of funding. Foundation research sponsorship awards totaled $66.4 million, followed by corporate research sponsorship of $60.6 million. The University also conducts scientific research in collaboration with Argonne National Laboratory, owned by the United States Government and operated by the University through a disregarded entity, under the terms of a cost reimbursement contract with the U.S. Department of Energy. Argonne is a multi-purpose science laboratory with a $1,290.8 million annual budget and approximately 4,539 employees. Program Service research expenditures were $877.0 million and are included in the research program service expense amount, as is required for a disregarded entity. In addition, Fermi Research Alliance, LLC, an entity jointly owned by the University and Universities Research Association Inc., operates Fermi National Accelerator Laboratory ("Fermilab") for the U.S. Department of Energy. Fermilab is the nation's preeminent center for high-energy physics and an international center for scientific research in elementary particle physics and astrophysics. Fermilab has a $607.8 million annual budget and approximately 2,079 employees.
The other program services that support the mission of instruction and research are: Auxiliary Enterprises Library Other Student Services Information Services Operation and Maintenance of Plant

Grants made by UChicago

GranteeGrant descriptionAmount
University of PittsburghSubaward$5,329,990
American College of RadiologySubaward$5,208,635
The Board of Trustees of the University of IllinoisSubaward$4,289,376
...and 152 more grants made totalling $67,282,641

Who funds The University of Chicago (UChicago)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$41,084,480
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$41,084,480
Schwab Charitable FundEducation$13,029,084
...and 826 more grants received totalling $299,956,054

Personnel at UChicago

NameTitleCompensation
Arwana Citramulia TbkFounder and Chief Executive Officer
Steve G StevanovichTrustee$0
David BarclayChief Operating Officer CRSP$0
Andrew WardVice President and Chief Investment Officer$2,328,537
Brett PadgettInterim Vice President and Chief Financial Officer / Associate Vice President Finance$497,643
...and 30 more key personnel

Financials for UChicago

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,415,783,023
Program services$1,966,181,580
Investment income and dividends$82,636,970
Tax-exempt bond proceeds$0
Royalty revenue$13,633,089
Net rental income$0
Net gain from sale of non-inventory assets$118,098,907
Net income from fundraising events$-149,528
Net income from gaming activities$0
Net income from sales of inventory$42,757,458
Miscellaneous revenues$20,617,712
Total revenues$4,659,559,211

Form 990s for UChicago

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-12990View PDF
2021-062022-05-12990View PDF
2020-062021-05-18990View PDF
2019-062020-10-15990View PDF
...and 9 more Form 990s

Organizations like UChicago

OrganizationLocationRevenue
New York University (NYU)New York, NY$9,643,849,699
University of Southern California (USC)Los Angeles, CA$5,119,320,238
Columbia UniversityNew York, NY$6,654,842,677
University of PittsburghPittsburgh, PA$3,139,570,956
University of RochesterRochester, NY$5,415,018,869
University of Pennsylvania (Penn)Philadelphia, PA$9,925,251,000
Thomas Jefferson University (TJU)Philadelphia, PA$1,666,137,809
Harvard UniversityCambridge, MA$6,051,934,438
Emory UniversityAtlanta, GA$6,366,155,640
Trustees of Boston UniversityBoston, MA$3,310,909,056
Data update history
July 14, 2024
Updated personnel
Identified 16 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Used new vendors
Identified 4 new vendors, including , , , and
May 17, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from The Judith and Marshall Meyer Foundation
February 4, 2024
Received grants
Identified 14 new grant, including a grant for $201,727 from George and Agnes Schael Trust Fund
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
HealthEducationDiseases and disorders
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
6054 S Drexel Ave
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
uchicago.edu/ 
Phone
(773) 702-1234
Facebook page
uchicago 
Twitter profile
@uchicago 
IRS details
EIN
36-2177139
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1890
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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