USD President's Report 2014

S O U R C E S O F 2 0 1 3 - 2 0 1 4 R E V E N U E , G A I N S A N D O T H E R S U P P O R T

Tuition and fees:

57 %

Investment income, net: 20 % Sales and services of auxiliary enterprises 12 % Contributions: 6 % Grants and contracts: 3 % Athletics, recreation and other: 2 %

O P E R A T I N G R E V E N U E S , G A I N S A N D O T H E R S U P P O R T

2013 - 2014 2012 - 2013 2011 - 2012 $221,869,637 $213,683,743 $214,754,779 12,096,375 12,149,553 13,184,992 24,010,963 21,542,128 30,524,106

Tuition and fees

Grants and contracts

Contributions

Investment income, net 76,158,395 61,387,888 -25,280,925 Sales and services of auxiliary enterprises 47,349,407 47,183,248 46,851,157 Athletics, recreation and other 5,449,757 4,312,247 3,757,361 Total $386,934,532 $360,258,806 $283,791,471

O P E R A T I N G F U N C T I O N A L E X P E N S E S Educational and program expenses $178,405,808 $173,998,051 $164,419,657 Auxiliary enterprise expenditures 42,559,861 40,849,444 41,978,481 Management and general expenses 61,336,555 54,950,962 58,279,266 Total $282,302,224 $269,798,457 $264,677,404

I N C R E A S E I N C O M B I N E D N E T A S S E T S Unrestricted net assets

$62,402,456 $ 75,765,949

$8,520,053 1,430,515

Temporarily restricted net assets Permanently restricted net assets Overall Increase in Net Assets

37,226,661 5,003,191

11,288,689

3,405,711 9,163,499

$104,632,308 $90,460,349 $19,114,067

2014 President’s Report