Cause IQ organization profile

University of Pittsburgh

University of Pittsburgh is a university based in Pittsburgh, PA that was founded in 1787. As of 2018 they had $2.5 billion in revenue and $6.8 billion in assets.

The University of Pittsburgh was founded in 1787 and is one of the oldest institutions of higher education in the United States. The University of Pittsburgh is committed to the advancement of learning and service to society.

EIN:

25-0965591

City:

Pittsburgh

State:

Pennsylvania

Website:

pitt.edu

Phone:

412-624-4141

Facebook:

facebook.com/upitt

Twitter:

@pitttweet

Founded:

1787

Type:

501(c)(3)

NTEE:

B43: Universities

Revenue:

$2,547,662,312

Assets:

$6,896,394,922

Employees:

27,429

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at University of Pittsburgh

Research - includes expenditures for activities specifically organized to produce research outcomes whether commissioned by an external agency or budgeted by a unit.

Academic support - includes expenditures in support of the university's primary missions - instruction, research, and public service.

Instruction - includes expenditures for activities of the institution's instruction programs.

Form 990s for University of Pittsburgh

Fiscal year ending	Date received by IRS	Form	PDF link
2018-06	Dec 9, 2019	990	View PDF
2017-06	Jun 14, 2018	990	View PDF
2016-06	Oct 2, 2017	990	View PDF
2015-06	Aug 5, 2016	990	View PDF
2014-06	Jul 22, 2015	990	View PDF
...and four more Form 990 PDFs

Financials for University of Pittsburgh

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$1,116,862	$903,073	23.7%
Related organizations	$0	$0
Government grants (contributions)	$191,261,897	$183,544,015	4.2%
Normal grants, contributions, etc.	$107,470,336	$77,889,473	38.0%
<em>Non-cash contributions included in above</em>	$8,922,913	$3,324,244	168.4%
Total grants, contributions, etc.	$299,849,095	$262,336,561	14.3%

Field	2018	2017	% Change
Total grants, contributions, etc.	$299,849,095	$262,336,561	14.3%
Program services	$2,012,756,508	$1,954,063,918	3.0%
Investment income and dividends	$72,637,532	$77,347,888	-6.1%
Tax-exempt bond proceeds	$0	$6,777	-100%
Royalty revenue	$7,184,701	$6,245,719	15.0%
Net rental income	$8,469,318	$7,302,976	16.0%
Net gain from sale of non-inventory assets	$144,628,148	$186,204,321	-22.3%
Net income from fundraising events	$-451,188	$-545,953	17.4%
Net income from gaming activities	$0	$0
Net income from sales of inventory	$2,912,535	$4,234,004	-31.2%
Miscellaneous revenues	$-324,337	$-7,908,985	95.9%
Total revenues	$2,547,662,312	$2,489,287,226	2.3%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$95,228,048	$85,256,271	11.7%
Grants to individuals in USA	$192,794,560	$187,926,690	2.6%
Grants to govts., orgs., and individuals outside USA	$4,250,682	$3,098,433	37.2%
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$5,239,070	$4,469,969	17.2%
Compensation not included above, to disqualified persons	$1,800,066	$2,136,689	-15.8%
Non-officer salaries and wages	$998,280,293	$943,072,838	5.9%
Pension/retirement accruals and contributions	$91,695,751	$93,684,103	-2.1%
Other employee benefits	$122,764,582	$89,810,027	36.7%
Payroll taxes	$63,327,863	$61,282,740	3.3%
Management fees	$393,730	$410,283	-4.0%
Legal fees	$7,227,277	$6,068,077	19.1%
Accounting fees	$862,476	$635,077	35.8%
Lobbying fees	$956,568	$852,200	12.2%
Pro. fundraising fees	$334,577	$341,050	-1.9%
Investment mgmt fees	$43,859,770	$42,679,378	2.8%
Other fee-for-service	$176,183,217	$155,734,291	13.1%
Advertising and promotion	$2,546,446	$2,515,286	1.2%
Office expenses	$102,555,871	$105,627,624	-2.9%
Information tech. expenses	$37,723,997	$32,172,588	17.3%
Royalty expenses	$0	$0
Occupancy	$135,814,326	$137,416,285	-1.2%
Travel	$50,536,379	$57,114,886	-11.5%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$5,876,216	$4,078,223	44.1%
Interest	$30,171,244	$31,343,471	-3.7%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$176,134,443	$176,635,688	-0.3%
Insurance	$5,542,859	$5,222,962	6.1%
All other expenses	$11,653,459	$57,019,226	-79.6%
Total expenses	$2,363,753,770	$2,286,604,355	3.4%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$428,744,483	$544,372,491	-21.2%
Pledges and grants receivable	$180,641,545	$143,006,746	26.3%
Accounts receivable	$109,095,242	$82,289,676	32.6%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$40,610,582	$45,383,745	-10.5%
Inventories for use	$4,849,751	$5,274,467	-8.1%
Prepaid expenses and deferred charges	$18,705,877	$15,650,017	19.5%
Buildings, equipment, etc. post-depreciation	$1,834,129,059	$1,783,095,861	2.9%
Investments, publicly traded securities	$1,696,082,901	$1,621,158,759	4.6%
Investments, other securities	$2,553,838,168	$2,371,831,801	7.7%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$29,697,314	$27,893,029	6.5%
Total assets	$6,896,394,922	$6,639,956,592	3.9%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$730,392,604	$730,898,088	-0.1%
Grants payable	$0	$0
Deferred revenue	$121,275,724	$117,298,206	3.4%
Tax-exempt bond liabilities	$95,871,113	$95,909,254	-0.0%
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$737,548,957	$843,469,835	-12.6%
Other liabilities	$154,512,269	$177,311,674	-12.9%
Total liabilities	$1,839,600,667	$1,964,887,057	-6.4%

Field	2018	2017	% Change
Unrestricted net assets	$3,366,479,768	$3,105,495,219	8.4%
Temporarily restricted net assets	$924,249,147	$829,573,540	11.4%
Permanently restricted net assets	$766,065,340	$740,000,776	3.5%

Vendors for University of Pittsburgh

Vendor	Services	Amount paid	Date
KPMG LLP	Tax accounting; Audit accounting		2020-03-26
██████	Content management system software		2020-03-02
██████	Fundraising software		2020-03-02
███████ ███ ████	Fundraising software; Payment processing		2020-03-02
█████████	Content management system software		2020-03-02
█████████ ████████	Software		2018-08-18
██████████	CRM software		2018-08-18
███████ ██████	Direct Mail Solicitation and Consulting	$126,042	2018-06-01
...and eight more vendors

Personnel at University of Pittsburgh

Name	Title	Compensation	Most recent data
Patrick D Gallagher	Chancellor and Chief Executive Officer	$530,848	June 30, 2018
Arthur G Ramicone	Senior Vice Chancellor and Chief Financial Officer	$417,751	Dec. 9, 2019
██████ █████	Vice President and Chief of Finance	-	Oct. 19, 2017
█████ ██████	Chief of Staff	-	Oct. 19, 2017
████████ █ ██████████	Senior Vice Chancellor and Chief Legal Officer	$411,613	June 30, 2018
████ ████████	Vice President of Enrollment Management	-	May 29, 2020
████ ██████	Communications Director	-	Oct. 19, 2017
██████ ██████	Director of Athletics	$742,730	June 30, 2017
█████ █████	Director , Upci	$568,939	June 30, 2018
███████ ████████	Controller	-	March 27, 2019
...and 17 more key personnel

Peer universities

	Name	Type	Revenue	Location
1	Thomas Jefferson University (TJU)	501(c)(3)	$696 million	Philadelphia, PA
2	Drexel University	501(c)(3)	$1.3 billion	Philadelphia, PA
3	Carnegie Mellon University (CMU)	501(c)(3)	$1.5 billion	Pittsburgh, PA
4	Tel Aviv University	501(c)(3)	$729 million	Israel,
5	The George Washington University (GWU)	501(c)(3)	$1.6 billion	Ashburn, VA
6	Syracuse University (SU)	501(c)(3)	$1.4 billion	Syracuse, NY
7	California Institute of Technology	501(c)(3)	$3.5 billion	Pasadena, CA
8	Harvard University	501(c)(3)	$5.7 billion	Cambridge, MA
9	Vanderbilt University	501(c)(3)	$1.7 billion	Nashville, TN
10	New York University (NYU)	501(c)(3)	$7.2 billion	New York, NY
11	Cornell University	501(c)(3)	$5.0 billion	Ithaca, NY
12	University of Pennsylvania (Penn)	501(c)(3)	$7.2 billion	Philadelphia, PA
13	Villanova University	501(c)(3)	$668 million	Villanova, PA
14	University of Delaware (UD)	501(c)(3)	$1.3 billion	Newark, DE
15	Johns Hopkins University (JHU)	501(c)(3)	$6.4 billion	Baltimore, MD
16	Georgetown University	501(c)(3)	$1.6 billion	Washington, DC
17	Rice University	501(c)(3)	$1.0 billion	Houston, TX
18	University of Rochester	501(c)(3)	$3.8 billion	Rochester, NY
19	University of Cambridge	501(c)(3)	$2.4 billion	United Kingdom,
20	Northwestern University	501(c)(3)	$3.1 billion	Evanston, IL
21	American University (AU)	501(c)(3)	$815 million	Washington, DC
22	Dartmouth College	501(c)(3)	$1.4 billion	Hanover, NH
23	Washington University in St. Louis (Wash. U)	501(c)(3)	$3.3 billion	Saint Louis, MO
24	Nova Southeastern University (NSU)	501(c)(3)	$765 million	Fort Lauderdale, FL
25	University of Notre Dame	501(c)(3)	$2.5 billion	Notre Dame, IN

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