Faculty of Arts and Sciences
Consolidated Report: Operating Revenue and Expense, FY 2004 and FY 2005
Dean's Annual Letter to the Faculty
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Faculty of Arts and Sciences |
Consolidated Report: Operating Revenue and Expense, FY 2004 and FY 2005 |
Dean's Annual Letter to the Faculty |
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| Unrestricted | Designated | Restricted | Sponsored | FY 2005 | FY 2004 | ||||||||||
| Funds | Funds | Funds | Funds | Total | Total | ||||||||||
| REVENUE | |||||||||||||||
| Student Income Tuition and Fees | |||||||||||||||
| Undergraduate | 191,460 | 331 | 0 | 0 | 191,791 | 183,191 | |||||||||
| Graduate | 37,169 | 0 | 0 | 0 | 37,169 | 34,366 | |||||||||
| Continuing Education and Other | 34,640 | 118 | 0 | 0 | 34,758 | 34,508 | |||||||||
| Subtotal | 263,269 | 449 | 0 | 0 | 263,718 | 252,065 | |||||||||
| Lodging and Service Fees | 40,016 | 28 | 0 | 0 | 40,044 | 37,314 | |||||||||
| Subtotal | 303,285 | 477 | 0 | 0 | 303,762 | 289,379 | |||||||||
| Less: Scholarships Applied to Term Bills (a) |
(44,284) | (2,539) | (66,029) | (8,304) | (121,156) | (109,878) | |||||||||
| Net Student Income | 259,001 | (2,062) | (66,029) | (8,304) | 182,606 | 179,501 | |||||||||
| Investment Income | |||||||||||||||
| Endowment Income | 86,141 | 41,491 | 282,890 | (69) | 410,453 | 388,481 | |||||||||
| Interest on Fund Balances | 2,258 | 2,006 | 1,624 | 179 | 6,067 | 10,474 | |||||||||
| Subtotal | 88,399 | 43,497 | 284,514 | 110 | 416,520 | 398,955 | |||||||||
| Gifts for Current Use | 20,359 | 0 | 34,151 | 0 | 54,510 | 45,742 | |||||||||
| Grants and Contracts | |||||||||||||||
| Federal Grants and Contracts | 0 | 0 | 0 | 101,760 | 101,760 | 93,233 | |||||||||
| Non-Federal Grants and Contracts | 0 | 0 | 0 | 17,650 | 17,650 | 16,255 | |||||||||
| Indirect Cost Recovery | 39,323 | 500 | 0 | 0 | 39,823 | 35,086 | |||||||||
| Subtotal | 39,323 | 500 | 0 | 119,410 | 159,233 | 144,574 | |||||||||
| Sales, Services and Program Income | 6,963 | 8,885 | 47 | 0 | 15,895 | 15,756 | |||||||||
| Other Income (b) | 20,057 | 12,360 | 6,525 | (8) | 38,934 | 37,515 | |||||||||
| Total Operating Revenue | 434,102 | 63,180 | 259,208 | 111,208 | 867,698 | 822,043 | |||||||||
| (a) Accounting rules require the income from tuition and fees to be offset by expenditures on scholarships for undergraduates and a portion of the fellowships for graduate students (not graduate student stipends which are treated as an expense). | |||||||||||||||
| (b) Other income is comprised of application fees, miscellaneous income and support from non-FAS departments. | |||||||||||||||
| Unrestricted | Designated | Restricted | Sponsored | FY 2005 | FY 2004 | ||||||||||
| Funds | Funds | Funds | Funds | Total | Total | ||||||||||
| EXPENSE | |||||||||||||||
| Education and General | |||||||||||||||
| Instruction | |||||||||||||||
| Faculty Compensation | 55,201 | 260 | 74,066 | 1,251 | 130,778 | 116,455 | |||||||||
| Instructional Support | 5,213 | 0 | 19,490 | 4 | 24,707 | 23,873 | |||||||||
| Administrative and Support Staff Compensation |
25,766 | 2,222 | 6,935 | 1,724 | 36,647 | 34,026 | |||||||||
| Post Doctoral Fellows and Research Assistants |
353 | 432 | 3,915 | 329 | 5,029 | 4,352 | |||||||||
| Operation of Instructional Departments |
8,897 | 2,016 | 8,344 | 2,473 | 21,730 | 22,961 | |||||||||
| Division of Continuing Education | 31,133 | 831 | 335 | 1 | 32,300 | 30,556 | |||||||||
| Faculty Recruitment | 255 | 0 | 2,345 | 0 | 2,600 | 2,777 | |||||||||
| Subtotal | 126,818 | 5,761 | 115,430 | 5,782 | 253,791 | 235,000 | |||||||||
| Research | |||||||||||||||
| Faculty Research and Start-Up | 52 | 412 | 13,307 | 1 | 13,772 | 12,268 | |||||||||
| Centers and Institutes | 8,987 | 16,875 | 32,142 | 7,103 | 65,107 | 55,181 | |||||||||
| Sponsored Research | 319 | 47 | 814 | 91,614 | 92,794 | 86,222 | |||||||||
| Subtotal | 9,358 | 17,334 | 46,263 | 98,718 | 171,673 | 153,671 | |||||||||
| Academic Support | |||||||||||||||
| Library | 43,759 | 4,995 | 18,505 | 284 | 67,543 | 64,258 | |||||||||
| Museums and Other Cultural Activities |
2,177 | 2,190 | 8,666 | 14 | 13,047 | 13,847 | |||||||||
| Instructional Support Services | 6,579 | 345 | 978 | 22 | 7,924 | 7,772 | |||||||||
| Academic Computing | 9,864 | 331 | 0 | 0 | 10,195 | 9,958 | |||||||||
| Academic Support Administration | 4,943 | 91 | 431 | 5 | 5,470 | 4,005 | |||||||||
| Dumbarton Oaks | 5,426 | 1,680 | 735 | 0 | 7,841 | 6,810 | |||||||||
| Subtotal | 72,748 | 9,632 | 29,315 | 325 | 112,020 | 106,650 | |||||||||
| Student Services | |||||||||||||||
| Admissions and Financial Aid | 8,641 | 331 | 434 | 113 | 9,519 | 7,810 | |||||||||
| Student Counseling and Advising Services |
2,108 | 195 | 410 | 2 | 2,715 | 3,372 | |||||||||
| Intercollegiate and Intramural Athletics |
12,575 | 933 | 4,300 | 6 | 17,814 | 15,926 | |||||||||
| House and Freshman Life | 4,348 | 658 | 1,057 | 92 | 6,155 | 5,948 | |||||||||
| Registrar | 3,920 | 0 | 0 | 0 | 3,920 | 3,968 | |||||||||
| Student Services | 8,484 | 1,407 | 2,716 | 29 | 12,636 | 11,959 | |||||||||
| Subtotal | 40,076 | 3,524 | 8,917 | 242 | 52,759 | 48,983 | |||||||||
| Graduate Stipends and Other Awards | 12,577 | 1,995 | 11,562 | 8,192 | 34,326 | 30,400 | |||||||||
| General Administration and Institutional Support | |||||||||||||||
| University Assessments | 37,011 | 14,649 | 320 | 0 | 51,980 | 29,110 | |||||||||
| Development | 590 | 12,531 | 264 | 0 | 13,385 | 13,117 | |||||||||
| Alumni Relations | 1,674 | 0 | 0 | 0 | 1,674 | 1,821 | |||||||||
| Administrative Departments | 7,519 | 25 | 132 | 0 | 7,676 | 6,428 | |||||||||
| Administrative Computing | 722 | 0 | 0 | 0 | 722 | 838 | |||||||||
| Subtotal | 47,516 | 27,205 | 716 | 0 | 75,437 | 51,314 | |||||||||
| Operations and Maintenance of Buildings |
96,400 | 932 | 21,263 | 29 | 118,624 | 113,648 | |||||||||
| Interest | 15,517 | 0 | 0 | 0 | 15,517 | 13,928 | |||||||||
| Total Operating Expense | 421,010 | 66,383 | 233,466 | 113,288 | 834,147 | 753,594 | |||||||||
| Increase (Decrease) from Operations | 13,092 | (3,203) | 25,742 | (2,080) | 33,551 | 68,449 | |||||||||
| Non-Operating Changes | 19,559 | (14,633) | 19,122 | 319 | 24,367 | 46,261 | |||||||||
| Increase (Decrease) in Net Assets | (6,467) | 11,430 | 6,620 | (2,399) | 9,184 | 22,188 | |||||||||
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