Skip to main content

Looking at Ivy League Tax Returns

The Government Shutdown of October, 2013 has left many of us in the cold: No access to much of the data we use from places like NCES, or IPEDS, or Data.gov. As I wrote in the post below about the age distribution of college students, Archive.org can get you some of the information you want, provided it's in existing tables or spreadsheets on government websites. But you still can't get to the databases that generate custom reports.

One alternative where you can go looking is Guidestar. From there, I downloaded the FY 2011 Tax Returns (IRS Form 990) for all eight of the Ivy League institutions, and manually put the data into a database. While the most interesting stories are not always on the front page of the return, you can look at the high-level breakouts of revenue sources and allocation of expenses.

On this visualization there are three tabs across the top: The first is the total revenue (orange bar) and expenses for FY 2010 and FY 2011. Beneath that is the difference: Think of it as profit and loss. The center tab is the breakout of revenues; at the top is the total amounts, and the bottom is the same data shown as percents of total, for comparison. And finally, the far right tab shows two views of expenses: Totals and percent of total.

It's fair to say that sometimes this data can be misleading: Money comes in during one fiscal year and is spent in the next, or vice versa. But what's interesting to me is the magnitude of the results, compared to many universities: Columbia's one-year surplus--just the surplus--could run the university where I work for about two years.


Comments

Popular posts from this blog

Educational Attainment and the Presidential Elections

I've been fascinated for a while by the connection between political leanings and education: The correlation is so strong that I once suggested that perhaps Republicans were so anti-education because, in general, places with a higher percentage of bachelor's degree recipients were more likely to vote for Democrats. The 2024 presidential election puzzled a lot of us in higher education, and perhaps these charts will show you why: We work and probably hang around mostly people with college degrees (or higher).  Our perception is limited. With the 2024 election data just out , I thought I'd take a look at the last three elections and see if the pattern I noticed in 2016 and 2020 held.  Spoiler: It did, mostly. Before you dive into this, a couple of tips: Alaska's data is always reported in a funky way, so just ignore it here.  It's a small state (in population, that is) and it's very red.  It doesn't change the overall trends even if I could figure out how to c...

Changes in AP Scores, 2022 to 2024

Used to be, with a little work, you could download very detailed data on AP results from the College Board website: For every state, and for every course, you could see performance by ethnicity.  And, if you wanted to dig really deep, you could break out details by private and public schools, and by grade level.  I used to publish the data every couple of years. Those days are gone.  The transparency The College Board touts as a value seems to have its limits, and I understand this to some extent: Racists loved to twist the data using single-factor analysis, and that's not good for a company who is trying to make business inroads with under-represented communities as they cloak their pursuit of revenue as an altruistic push toward access. They still publish data, but as I wrote about in my last post , it's far less detailed; what's more, what is easily accessible is fairly sterile, and what's more detailed seems to be structured in a way that suggests the company doesn...

The Highly Rejective Colleges

If you're not following Akil Bello on Twitter, you should be.  His timeline is filled with great insights about standardized testing, and he takes great effort to point out racism (both subtle and not-so-subtle) in higher education, all while throwing in references to the Knicks and his daughter Enid, making the experience interesting, compelling, and sometimes, fun. Recently, he created the term " highly rejective colleges " as a more apt description for what are otherwise called "highly selective colleges."  As I've said before, a college that admits 15% of applicants really has a rejections office, not an admissions office.  The term appears to have taken off on Twitter, and I hope it will stick. So I took a look at the highly rejectives (really, that's all I'm going to call them from now on) and found some interesting patterns in the data. Take a look:  The 1,132 four-year, private colleges and universities with admissions data in IPEDS are incl...