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Operating Financials

 

Value of Plant and Invested Assets, Fiscal Year 2023

Asset Value
(in millions)
Land, buildings, and equipment, net book value $ 5,016.7
Market value of endowed funds $23,453.4
Market value of total investments $30,692.9

Gifts and Pledge Payments to MIT, Fiscal Year 2023

Source Amount
(in millions)
Foundations $ 264.4
Individuals $173.8
Corporations $98.1
Other $ 0.1
Total $536.4

Gift and Pledge Payment Designations, Fiscal Year 2023

Designation Amount
(in millions)
Research and education programs $ 301.0
Graduate fellowships $65.7
Construction and renovations $ 45.1
Unrestricted $38.1
Faculty chairs $35.2
Scholarships and other undergraduate aid $28.4
Undergraduate education and student life $20.0
Undesignated and miscellaneous $2.9
Total $ 536.4

Operating Expenditures, Fiscal Year 2023

Category Expenditures
(in millions)
%
Sponsored research $1,926.9 43%
Instruction and unsponsored research $1,416.8 31%
General and administrative* $1,167.4 26%
Total $4,511.1 100%

* Includes auxiliary enterprises and Alumni Association.

Operating Revenues, Fiscal Year 2023

Category Revenues
(in millions)
%
Investment return to operations $1,360.9 29%
Sponsored support—Lincoln Laboratory $1,220.6 26%
Sponsored support—Campus $818.0 17%
Tuition, net of discount $409.0 9%
Gifts and bequests for operations $398.1 9%
Other revenue $267.1 6%
Auxiliary enterprises $157.3 3%
Sponsored support—Singapore-MIT Alliance for Research and Technology $24.4 1%
Total $4,655.4 100%