CHANCELLOR MASTERS AND SCHOLARS OF THE UNIVERSITY OF CAMBRIDGE
1 LIBERTY PLAZA 20TH FL, NEW YORK, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $3,497,010,833 | $3,490,739,608 | $10,162,286,856 |
| FY2024 | $3,074,841,004 | $2,612,163,228 | $9,187,189,560 |
| FY2023 | $2,798,495,639 | $2,652,122,859 | $7,872,158,213 |
| FY2022 | $2,629,954,773 | $2,745,530,878 | $7,918,110,655 |
| FY2021 | $2,731,848,993 | $2,569,776,655 | $7,298,078,653 |
| FY2020 | $2,478,881,518 | $2,286,821,007 | $5,690,636,007 |
| FY2019 | $2,624,960,196 | $2,744,584,604 | $5,841,436,325 |
| FY2018 | $2,445,470,286 | $2,371,462,102 | $6,250,057,194 |
| FY2017 | $2,170,337,502 | $2,079,144,533 | $5,667,471,155 |
| FY2016 | $2,414,686,680 | $2,304,278,052 | $5,144,618,394 |
| FY2015 | $2,202,765,917 | $2,114,256,815 | $4,147,800,020 |
| FY2014 | $2,147,061,429 | $2,093,681,419 | $3,944,046,516 |
| FY2013 | $2,243,313,982 | $2,107,071,834 | $4,052,871,536 |
| FY2012 | $1,827,590,580 | $1,759,182,982 | $3,079,379,538 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,018,002,496 | 32% |
| Program service revenue | $2,209,053,203 | 68% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $3,027,075,790 | 87% |
| Management & general | $441,148,911 | 13% |
| Fundraising | $22,514,907 | 1% |
What the numbers show
- Program service revenue made up 68% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 1%.
- 87% of functional expenses went to program services in FY2025.
- Net assets covered about 34.9 months of expenses at the end of the reporting year.
- Total revenue rose from $1,827,590,580 in FY2012 to $3,497,010,833 in FY2025, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2019, FY2022).
- Net assets grew from $3,079,379,538 to $10,162,286,856 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To provide world class teaching and research and to promote standards through examination and disseminate knowledge through the publication of academic material.
IRS status
| Ruling year | 1937 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Donations | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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