Nonprofit · EIN 36-2177139
UNIVERSITY OF CHICAGO
Also known as UCHICAGO ARGONNE LLC
Tax-exempt · CHICAGO, IL 60637
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,617,072,703 | $5,563,252,626 | $53,820,077 | $15,809,478,980 | $6,768,829,155 | $9,040,649,825 |
| June 30, 2024 | 990 | $4,888,334,650 | $5,247,378,934 | -$359,044,284 | $14,950,131,084 | $6,478,330,493 | $8,471,800,591 |
| June 30, 2023 | 990 | $4,659,559,211 | $4,828,941,301 | -$169,382,090 | $14,662,331,676 | $6,167,197,542 | $8,495,134,134 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,578,850,303
- of which government grants
- $1,731,995,660
- Program service revenue
- $2,658,019,400
- Investment income
- $295,466,410
- Royalties
- $31,957,820
- Net rental income
- $414,925
- Net gain from sales of assets
- $207,768,173
- Net income from fundraising events
- -$29,532
- Net income from sales of inventory
- $50,933,225
- Other revenue
- $84,736,590
Expenses
- Grants and similar amounts paid
- $789,348,850
- Compensation of officers, directors and key employees
- $19,442,829
- Other salaries and wages
- $2,470,470,424
- Salaries, compensation and benefits (total)
- $3,038,813,648
- Professional fundraising fees
- $445,582
- Legal fees
- $14,307,514
- Accounting fees
- $1,007,316
- Occupancy
- $131,230,048
- Travel
- $65,580,228
- Depreciation
- $203,992,138
- Program services (functional)
- $4,681,065,254
- Management and general (functional)
- $816,279,263
- Fundraising (functional)
- $65,908,109
Balance sheet and other
- Total assets, start of year
- $14,950,131,084
- Total assets, end of year
- $15,809,478,980
- Total liabilities, end of year
- $6,768,829,155
- Net assets, end of year
- $9,040,649,825
- Land, buildings and equipment
- $3,191,352,083
- Publicly traded securities
- $3,821,644,126
- Net assets without donor restrictions
- $679,328,825
- Net assets with donor restrictions
- $8,361,321,000
- Gross unrelated business income
- $21,418,363
- Gross receipts
- $10,043,821,261
- Employees
- 29,117
- Volunteers
- 6,996
- Year formed
- 1890
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mark Anderson | EXEC. VP MEDICAL AFFAIRS Officer | 40 | $3,233,711 | $0 | $61,305 |
| Andrew Ward | VP AND CHIEF INVEST. OFFICER Officer | 40 | $2,690,389 | $0 | $69,007 |
| Valluvan Jeevanandam | PROFESSOR OF SURGERY Highest-paid employee | 40 | $2,200,677 | $0 | $50,196 |
| Ivan Samstein | ENTERPRISE CHIEF FINANCIAL OFFICER Officer | 40 | $138,158 | $1,795,872 | $255,898 |
| A Paul Alivisatos | PRESIDENT Trustee or director, Officer | 40 | $2,031,564 | $0 | $51,177 |
| Luca Vricella | PROFESSOR OF SURGERY Highest-paid employee | 40 | $1,745,161 | $0 | $71,022 |
| Christopher Salerno | PROFESSOR Highest-paid employee | 40 | $1,737,859 | $0 | $70,365 |
| Husam Balkhy | PROFESSOR OF SURGERY Highest-paid employee | 40 | $1,568,976 | $0 | $59,378 |
| Mohamed Farhat | PROFESSOR Highest-paid employee | 40 | $1,504,568 | $0 | $61,217 |
| MaryFrances McCourt | CHIEF FINANCIAL OFFICER (UNTIL 10/1/2023) Former | 0 | $1,500,000 | $0 | $0 |
| DAVID BARCLAY | CHIEF OPERATING OFFICER CRSP Former | 0 | $0 | $1,141,772 | $53,556 |
| Madhav Rajan | DEAN BOOTH SCHOOL OF BUSINESS Key employee | 40 | $1,137,816 | $0 | $27,616 |
| Katherine Baicker | PROVOST Officer | 40 | $1,096,988 | $0 | $53,944 |
| Armin Afsahi | VP FOR ALUMNI RELATIONS AND DEV. Officer | 40 | $929,001 | $0 | $60,446 |
| James Nondorf | VP ENROLL. & STUDENT ADV. Officer | 40 | $942,881 | $0 | $43,545 |
64 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ka Yee Christina Lee | INTERIM DEAN Key employee | 40 | $811,668 | $116,703 |
| Nadya Mason | INTERIM VP FOR SCIENCE, INNOVATION, AND PARTNERSHIPS Officer | 40 | $824,806 | $51,825 |
| Juan Jose De Pablo | VP FOR NATIONAL LABORATORIES (UNTIL 10/1/2024) Officer | 40 | $718,364 | $59,745 |
| Paul Rand | VP COMMUNICATIONS (UNTIL 8/15/25) Officer | 40 | $669,094 | $71,623 |
| Lori Berko | VP & SECRETARY Officer | 40 | $660,240 | $44,024 |
| Kenneth S Polonsky | EXEC. VP MEDICAL AFFAIRS (THRU 9/30/22) Former | 40 | $644,894 | $57,878 |
| Christian Mitchell | VP CIVIC ENGAGEMENT (UNTIL 7/18/2025) Officer | 40 | $640,070 | $42,470 |
| Kimberly Taylor | VP & GENERAL COUNSEL (UNTIL 8/2/2024) Officer | 40 | $607,418 | $55,583 |
| Erin Lane | VP AND CHIEF OF STAFF Officer | 40 | $571,363 | $49,817 |
| Laila Rashid | VP & ASSOCIATE DEAN Former | 40 | $576,632 | $28,616 |
| Michele Rasmussen | DEAN OF STUDENTS (UNTIL 9/2/2024) Officer | 40 | $544,882 | $37,803 |
| Michael Delorenzo | VP FOR OPERATIONS (EFF. 9/15/24) Officer | 40 | $272,831 | $21,660 |
| ANDREW M ALPER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW M ROSENFIELD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANTONIO J GRACIAS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ASHLEY D JOYCE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Barry Fields | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRADY W DOUGAN | TRUSTEE (UNTIL MARCH 2025) Trustee or director | 2 | $0 | $0 |
| BRETT J HART | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRIEN M O'BRIEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BYRON D TROTT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DANIEL L DOCTOROFF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID M RUBENSTEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DEBRA A CAFARO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DONALD R WILSON JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EMILY NICKLIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EMMANUEL ROMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| FRANK A BAKER II | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GREGORY W WENDT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GURU RAMAKRISHNAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HILARIE KOPLOW-MCADAMS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Hilary Krane | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JASON J TYLER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN A EDWARDSON | TRUSTEE (UNTIL MAY 2025) Trustee or director | 2 | $0 | $0 |
| JOHN LIEW | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN W ROGERS JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Katherine Adams | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KENNETH M JACOBS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARY A TOLAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARY LOUISE GORNO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL J KLINGENSMITH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL P POLSKY | TRUSTEE (UNTIL MAY 2025) Trustee or director | 2 | $0 | $0 |
| MICHELE KANG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MYRTLE S POTTER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NASSEF O SAWIRIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Paul Carbone | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL G YOVOVICH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RACHEL D KOHLER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REBECCA JARVIS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Richard Gonzalez | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Richard Wallman | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RIKA MANSUETO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RODNEY L GOLDSTEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SATYA NADELLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHANIE F HARRIS | TRUSTEE (EFF. MAY 2025) Trustee or director | 2 | $0 | $0 |
| STEVEN A KERSTEN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEVEN A WYMER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TANDEAN RUSTANDY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| THOMAS F DUNN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| THOMAS J PRITZKER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| THOMAS RICKETTS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Valerie Jarrett | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Vasant Narasimhan | TRUSTEE Trustee or director | 2 | $0 | $0 |
| Robert Hochman | VP AND GENERAL COUNSEL (EFF. 6/16/25) Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2024: 82 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT J ZIMMER | FORMER PRESIDENT Former | 0 | $4,718,866 | $0 | $37,338 |
| MARK ANDERSON | EXEC VP, MED. AFFAIRS Officer | 40 | $2,935,701 | $0 | $64,204 |
| MATTHEW TIRRELL | PROFESSOR EMERITUS Highest-paid employee | 40 | $2,025,370 | $0 | $40,366 |
| ANDREW WARD | VICE PRESIDENT AND CIO Officer | 40 | $1,958,267 | $0 | $64,754 |
| IVAN SAMSTEIN | CFO/VP - UC; EVP/CFO - UC MED Officer | 20 | $0 | $1,704,200 | $233,504 |
| VALLUVAN JEEVANANDAM | PROFESSOR Highest-paid employee | 40 | $1,869,409 | $0 | $48,060 |
| PAUL ALIVISATOS | PRESIDENT Trustee or director, Officer | 40 | $1,850,855 | $0 | $48,681 |
| LUCA VRICELLA | PROFESSOR OF SURGERY Highest-paid employee | 40 | $1,754,073 | $0 | $67,302 |
| MAIA HIGHTOWER | STAFF SCIENTIST Highest-paid employee | 40 | $1,606,855 | $0 | $51,064 |
| MARYFRANCES MCCOURT | CFO (UNTIL 10/1/23) Officer | 40 | $1,576,346 | $0 | $63,249 |
| JOANNA RUPP | ASST VP/MNG DIR PE Highest-paid employee | 40 | $1,452,548 | $0 | $51,771 |
| PRADEEP CHINTAGUNATA | PROFESSOR Former | 40 | $1,379,127 | $0 | $94,638 |
| DAVID BARCLAY | CHIEF EXECUTIVE OFFICER - CRSP Former | 0 | $0 | $1,103,809 | $50,243 |
| MADHAV RAJAN | DEAN BOOTH SCHOOL OF BUSINESS Key employee | 40 | $1,108,947 | $0 | $44,138 |
| KIMBERLY TAYLOR | VP & GENERAL COUNSEL Officer | 40 | $905,631 | $0 | $207,793 |
| KENNETH S POLONSKY | PROFESSOR Former | 40 | $1,040,724 | $0 | $54,932 |
| KA YEE CHRISTINA LEE | INTERIM DEAN Key employee | 40 | $956,741 | $0 | $110,491 |
| KATHERINE BAICKER | PROVOST Officer | 40 | $1,001,939 | $0 | $51,476 |
| JAMES NONDORF | VP ENROLL. & STUDENT ADV. Officer | 40 | $925,629 | $0 | $41,650 |
| JUAN JOSE DE PABLO | VP FOR NATIONAL LABORATORIES Officer | 40 | $883,411 | $0 | $65,839 |
| ARMIN AFSAHI | VP ALUMNI RELATIONS AND DEV. Officer | 40 | $704,963 | $0 | $50,474 |
| LAILA RASHID | ASSOCIATE VICE PRESIDENT Former | 40 | $670,861 | $0 | $28,416 |
| PAUL RAND | VP COMMUNICATIONS Officer | 40 | $569,144 | $0 | $67,901 |
| MICHELE RASMUSSEN | VICE PRESIDENT Officer | 40 | $597,576 | $0 | $39,169 |
| LORI BERKO | VP & SECRETARY Officer | 40 | $524,717 | $0 | $41,989 |
| CATHERINE CALLOW-WRIGHT | EXECUTIVE VICE PRESIDENT Officer | 40 | $490,707 | $0 | $66,955 |
| PATRICK O'HARA | ASSI VP, COO AND MG DIR Former | 40 | $535,271 | $0 | $3,947 |
| ERIN LANE | VP & CHIEF OF STAFF Officer | 40 | $454,662 | $0 | $46,180 |
| CHRISTIAN MITCHELL | VP CIVIC ENGAGEMENT Officer | 40 | $453,317 | $0 | $37,932 |
| JOEL HAMERNICK | ASSOC VP CIVIC ENGAGEMENT Former | 40 | $275,598 | $0 | $38,834 |
| THOMAS A COLE | TRUSTEE (UNTIL MAY 2024) Trustee or director | 2 | $2,530 | $0 | $0 |
| DAVID M RUBENSTEIN | BOD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| MARY LOUISE GORNO | BOD VICE CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| JOHN W ROGERS JR | BOD VICE CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| KATHERINE ADAMS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANDREW M ALPER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| FRANK A BAKER II | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DEBRA A CAFARO | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PAUL CARBONE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL L DOCTOROFF | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRADY W DOUGAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS F DUNN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN A EDWARDSON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BARRY FIELDS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RODNEY L GOLDSTEIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD GONZALEZ | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANTONIO J GRACIAS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRETT J HART | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| KENNETH M JACOBS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| VALERIE JARRETT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| REBECCA JARVIS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ASHLEY D JOYCE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MICHELE KANG | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| STEVEN A KERSTEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL J KLINGENSMITH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RACHEL D KOHLER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| HILARIE KOPLOW-MCADAMS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| HILARY KRANE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN LIEW | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RIKA MANSUETO | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| SATYA NADELLA | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| VASANT NARASIMHAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| EMILY NICKLIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BRIEN M O'BRIEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL P POLSKY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MYRTLE S POTTER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| TOM PRITZKER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| GURU RAMAKRISHNAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS RICKETTS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| EMMANUEL ROMAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANDREW M ROSENFIELD | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| TANDEAN RUSTANDY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| NASSEF O SAWIRIS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MARY A TOLAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BYRON D TROTT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JASON J TYLER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RICHARD WALLMAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| GREGORY W WENDT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DONALD R WILSON JR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| STEVEN WYMER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PAUL G YOVOVICH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| FRANCIS T F YUEN | TRUSTEE (UNTIL MAY 2024) Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 86 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Robert J Zimmer | FORMER PRESIDENT Former | 40 | $3,314,058 | $0 | $108,881 |
| Kenneth S Polonsky | EXEC. VP MEDICAL AFFAIRS Officer | 40 | $2,468,390 | $0 | $330,693 |
| Andrew Ward | VP AND CHIEF INVEST. OFFICER Officer | 40 | $2,328,537 | $0 | $61,039 |
| DAVID BARCLAY | CHIEF OPERATING OFFICER CRSP Highest-paid employee | – | $0 | $2,290,062 | $34,972 |
| A Paul Alivisatos | PRESIDENT Officer | 40 | $1,832,579 | $0 | $293,208 |
| David Strauss | PROFESSOR OF LAW Highest-paid employee | 40 | $1,929,152 | $0 | $52,171 |
| Matthew Stone | Managing Director of Public Markets Highest-paid employee | 40 | $1,826,321 | $0 | $47,960 |
| Valluvan Jeevanandam | CHIEF CARDIAC & THORACIC SURG. Highest-paid employee | 40 | $1,797,900 | $0 | $45,368 |
| Luca Vricella | PROFESSOR OF SURGERY Highest-paid employee | 40 | $1,746,485 | $0 | $59,109 |
| James Nondorf | VP ENROLL. & STUDENT ADV. Officer | 40 | $1,393,901 | $0 | $39,212 |
| Patrick O'Hara | INTERIM CHIEF INVESTMENT OFFICER Former | 40 | $1,355,215 | $0 | $53,062 |
| Ivan Samstein | VP & CHIEF FINANCIAL OFFICER Former | – | $0 | $1,193,414 | $211,348 |
| Madhav Rajan | DEAN BOOTH SCHOOL OF BUSINESS Key employee | 40 | $1,339,417 | $0 | $40,918 |
| Sharon Marine | VP ALUMNI RELATIONS & DEVL. Former | 40 | $1,306,741 | $0 | $33,078 |
| MaryFrances McCourt | CHIEF FINANCIAL OFFICER Officer | 40 | $1,020,317 | $0 | $50,822 |
| Derek Douglas | VP CIVIC ENGAGEMENT Officer | 40 | $889,958 | $0 | $52,595 |
| Kimberly Taylor | VP & GENERAL COUNSEL Officer | 40 | $866,050 | $0 | $64,464 |
| Ka Yee Christina Lee | PROVOST Officer | 40 | $866,502 | $0 | $54,997 |
| Juan Jose De Pablo | VP FOR NATIONAL LABORATORIES Officer | 40 | $827,686 | $0 | $64,095 |
| Katherine Baicker | PROVOST Officer | 40 | $752,616 | $0 | $48,427 |
| Catherine Callow-Wright | VP & SECRETARY OF THE UNIVERSITY Officer | 40 | $717,029 | $0 | $61,614 |
| Laila Rashid | VP &A ASSOCIATE DEAN Officer | 40 | $724,475 | $0 | $24,776 |
| Mark Anderson | EXEC. VP MEDICAL AFFAIRS Officer | 40 | $669,519 | $0 | $32,763 |
| Paul Rand | VP COMMUNICATIONS Officer | 40 | $536,098 | $0 | $63,261 |
| Lori Berko | SECRETARY Officer | 40 | $529,281 | $0 | $39,113 |
| Michele Rasmussen | DEAN OF STUDENTS Officer | 40 | $453,260 | $0 | $36,293 |
| Brett Padgett | INTERIM VP & CHIEF FINANCIAL OFFICER Former | – | $414,575 | $0 | $48,570 |
| Joel Hamernick | interim VP CIVIC ENGAGEMENT Officer | 40 | $211,438 | $0 | $36,052 |
| ALVARO J SAIEH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANDREW M ALPER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANDREW M ROSENFIELD | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANTONIO J GRACIAS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ASHLEY D JOYCE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Barry Fields | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRADY W DOUGAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRETT J HART | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRIEN M O'BRIEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BYRON D TROTT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DANIEL L DOCTOROFF | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAVID G BOOTH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAVID M RUBENSTEIN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DEBRA A CAFARO | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DENNIS J KELLER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DONALD R WILSON JR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| EMILY NICKLIN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| EMMANUEL ROMAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| FRANCIS T F YUEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| FRANK A BAKER II | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| GREGORY W WENDT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| GURU RAMAKRISHNAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| HILARIE KOPLOW-MCADAMS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Hilary Krane | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JAMES M KILTS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JAMES S CROWN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JASON J TYLER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN A EDWARDSON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN LIEW | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOHN W ROGERS JR | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOSEPH NEUBAUER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| KAREN L KATEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Katherine Adams | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| KENNETH M JACOBS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MARY A TOLAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MARY LOUISE GORNO | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL J KLINGENSMITH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL P POLSKY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MYRTLE S POTTER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| NASSEF O SAWIRIS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Paul Carbone | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PAUL G YOVOVICH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RACHEL D KOHLER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Richard Gonzalez | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Richard Wallman | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RIKA MANSUETO | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RODNEY L GOLDSTEIN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| SANFORD J GROSSMAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| SATYA NADELLA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| STEVEN A KERSTEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| TANDEAN RUSTANDY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS A COLE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS F DUNN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS J PRITZKER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Valerie Jarrett | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Vasant Narasimhan | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| Armin Afsahi | VP FOR ALUMNI RELATIONS AND DEV. Officer | 40 | $0 | $0 | $0 |
| Christian Mitchell | VP CIVIC ENGAGEMENT Officer | 40 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5801 S ELLIS AVE SUITE 3N, CHICAGO, IL 60637-5418
- In care of
- % JENNIE BENNETT
- Principal officer (990 for 2024)
- PAUL ALIVISATOS, 5801 S ELLIS AVENUE, Chicago, IL 60637
- Signed the 990
- Jennie Bennett, ASSOCIATE VP FOR FINANCE
- Phone
- (773) 834-5819
- Website
- WWW.UCHICAGO.EDU
- Return prepared by
- PWC US TAX LLP
Mission
THE MISSION OF THE UNIVERSITY OF CHICAGO HAS BEEN TO SUSTAIN AT THE HIGHEST LEVEL OF EXCELLENCE, THE COMMUNICATION OF KNOWLEDGE, THE CREATION OF KNOWLEDGE AND THE FOSTERING OF A DYNAMIC COMMUNITY OF SCHOLARS AND STUDENTS.
Program accomplishments
- Instruction: In 2024-2025, the University enrolled 19,266 students; of that total, 7,559 were undergraduate students in the college (the University's undergraduate school), 4,677 were graduate students, 6,277 were students in the University's professional schools and 753 were non-degree students.Expenses $1,611,729,027 · revenue $1,375,480,278
- Research: University of Chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and biology and medicine, among other fields. In pursuit of these research endeavors, during fiscal year 2024-2025 the University was awarded a total of $811 million in research funding from federal agencies, non-federal government entities, corporations, foundations, and other sources. This fiscal year $549 million was expended from federal government sponsors of research, with the U.S. Department of Health and Human Services and the National Science Foundation providing the largest amounts of funding. Foundation research sponsorship awards totaled $109 million, followed by corporate research sponsorship of $104 million. The University also conducts scientific research in collaboration with Argonne National Laboratory, owned by the United States Government and operated by the University through a disregarded entity, under the terms of a cost reimbursement contract with the U.S. Department of Energy. Argonne is a multi-purpose science laboratory with a $1,109 million annual budget and approximately 4,754 employees. Program Service research expenditures were $657 million and are included in the research program service expense amount, as is required for a disregarded entity. In addition, Fermi Research Alliance, LLC, an entity jointly owned by the University and Universities Research Association Inc., operates Fermi National Accelerator Laboratory ("Fermilab") for the U.S. Department of Energy. Fermilab is the nation's preeminent center for high-energy physics and an international center for scientific research in elementary particle physics and astrophysics. Fermilab has a $736 million annual budget and approximately 2,024 employees.Expenses $1,379,702,059 · grants $93,520,860 · revenue $838,221,281
- Scholarships & Fellowships: The University meets 100% of a student's demonstrated need with an extensive financial aid program which is designed to enable the most qualified students to attend the University regardless of their financial circumstances. For the 2024-2025 academic year, approximately 45% of all students in the College received financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships amounted to $647.6 million. Of this amount, approximately $495.9 million was provided from unrestricted funds; the remaining $151.7 million came from restricted sources. Approximately 19% of students in the College (the University's undergraduate college) currently receive Odyssey Scholarships. The Odyssey Scholarships provide increased access by providing scholarship support for first generation students and students with family incomes typically below $125,000. The Odyssey Scholarship also provides funds for other educational opportunities like study abroad and providing a paid internship after the student's first year in the College. In October 2014, The University launched the No Barriers Program to eliminate the student loan requirement from all undergraduate, need-based financial aid packages. The loans were replaced by the University with direct grants. Beginning with the class of 2023, the University's Empower initiative will provide a grant/scholarship award guaranteed to cover full-tuition for families earning less than $125,000 and full-tuition, fees and room and board for families earning less than $60,000. In 2019, the University announced a new funding model for doctoral students. All students are guaranteed full tuition support, paid health insurance and an annual stipend of at least $31,000, beginning with students enrolling in 2020-2021.Expenses $691,413,309 · grants $691,413,309
- The other program services that support the mission of instruction and research are: Auxiliary Enterprises Library Other Student Services Information Services Ancillary ServicesExpenses $998,220,841 · grants $4,414,534 · revenue $445,203,945
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-2177139
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1951
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $15,809,478,980
- Income (IRS master file)
- $10,043,821,261
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,617,072,703 | $5,563,252,626 | $15,809,478,980 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $4,888,334,650 | $5,247,378,934 | $14,950,131,084 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $4,659,559,211 | $4,828,941,301 | $14,662,331,676 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $4,613,831,972 | $4,424,487,118 | $14,408,247,538 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2177139).
Questions about UNIVERSITY OF CHICAGO
- What is the EIN of UNIVERSITY OF CHICAGO?
- The employer identification number (EIN) of UNIVERSITY OF CHICAGO is 36-2177139.
- Is UNIVERSITY OF CHICAGO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1951.
- Are donations to UNIVERSITY OF CHICAGO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF CHICAGO file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF CHICAGO due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF CHICAGO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF CHICAGO?
- The 990 for the year ended June 30, 2025 names PAUL ALIVISATOS.
- Who are the officers and directors of UNIVERSITY OF CHICAGO?
- The 990 for the year ended June 30, 2025 lists 79 people; 26 received compensation from the organization, the highest $3,233,711 (Mark Anderson, EXEC. VP MEDICAL AFFAIRS).
- How much revenue does UNIVERSITY OF CHICAGO have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,617,072,703, expenses of $5,563,252,626 and total assets of $15,809,478,980 at year end.
Other nonprofits in CHICAGO
- LOYOLA UNIVERSITY OF CHICAGO EIN 36-1408475 · last filed 990 for 2025
- DEPAUL UNIVERSITY EIN 36-2167048 · last filed 990 for 2025
- ART INSTITUTE OF CHICAGO EIN 36-2167725 · last filed 990 for 2025
- ILLINOIS INSTITUTE OF TECHNOLOGY EIN 36-2170136 · last filed 990 for 2025
- COLUMBIA COLLEGE CHICAGO EIN 36-6112087 · last filed 990 for 2025
- SPENCER FOUNDATION EIN 36-6078558 · last filed 990-PF for 2025
- NOBLE NETWORK OF CHARTER SCHOOLS EIN 36-4241970 · last filed 990 for 2025
- INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS EIN 36-2251912 · last filed 990 for 2025