Temple University-Of The Commonwealth System Of Higher Educ
- Assets
- $3.6b
- Revenue
- $1.6b
- Investments
- $151.2m
- Employees
- 19,571
- Location
- Philadelphia, PA
- Founding
- 08/1926
- Data as of
- 06/2020
- EIN
- 23-1365971
Organization Overview
Temple University-Of The Commonwealth System Of Higher Educ is located in Philadelphia, PA. The organization was established in 1926. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Temple University-Of The Commonwealth System Of Higher Educ employed 19,571 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Temple University-Of The Commonwealth System Of Higher Educ generated $1.6b in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.5b during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Temple University-Of The Commonwealth System Of Higher Educ has awarded 849 individual grants totaling $92,664,854. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING ACCESS TO HIGH QUALITY AND AFFORDABLE HIGHER EDUCATION, WORLD-CLASS RESEARCH, AND PUBLIC SERVICE THROUGH ITS CAMPUSES AND DISTANCE LEARNING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION - INCLUDES UNDERGRADUATE, GRADUATE, PROFESSIONAL, NON-CREDIT CONTINUING EDUCATION, AND DISTANCE LEARNING PROGRAMS.
RESEARCH - INCLUDES GOVERNMENTAL SPONSORED, PRIVATE SPONSORED, AND NON-SPONSORED RESEARCH.
AUXILIARY ENTERPRISES - INCLUDES STUDENT HOUSING AND DINING FACILITIES, TICKET SALES FOR ATHLETIC AND COMMUNITY EVENTS, OTHER ATHLETIC DEPARTMENT REVENUES, PARKING SERVICES, AND OTHER MISCELLANEOUS ACTIVITIES.
OTHER PROGRAM SERVICES LISTED BELOW:
INSTRUCTION - INCLUDES UNDERGRADUATE, GRADUATE, PROFESSIONAL, NON-CREDIT CONTINUING EDUCATION, AND DISTANCE LEARNING PROGRAMS.
RESEARCH - INCLUDES GOVERNMENTAL SPONSORED, PRIVATE SPONSORED, AND NON-SPONSORED RESEARCH.
AUXILIARY ENTERPRISES - INCLUDES STUDENT HOUSING AND DINING FACILITIES, TICKET SALES FOR ATHLETIC AND COMMUNITY EVENTS, OTHER ATHLETIC DEPARTMENT REVENUES, PARKING SERVICES, AND OTHER MISCELLANEOUS ACTIVITIES.
OTHER PROGRAM SERVICES LISTED BELOW:
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Receivables Llc Food Management Services | 6/29/20 | $23,997,000 |
Aramark Receivables Llc Food Management Services | 6/29/20 | $23,997,000 |
Mayoseitz Media Inc Media Services | 6/29/20 | $5,045,000 |
E P Guidi Incorporated Construction Services | 6/29/20 | $5,238,000 |
E P Guidi Incorporated Construction Services | 6/29/20 | $5,238,000 |
Universal Protection Services Llc Security Services | 6/29/20 | $11,500,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,042,000 |
| Government grants | $247,974,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,218,000 |
| Noncash contributions included in lines 1a–1f | $8,951,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,234,000 |
| Total Program Service Revenue | $1,174,274,000 |
| Investment income | $43,241,000 |
| Tax Exempt Bond Proceeds | $46,000 |
| Royalties | $784,000 |
| Net Rental Income | $2,094,000 |
| Net Gain/Loss on Asset Sales | $6,744,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,562,417,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,583,000 |
| Grants and other assistance to domestic individuals. | $202,070,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,654,000 |
| Compensation of current officers, directors, key employees. | $7,201,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $663,457,000 |
| Pension plan accruals and contributions | $47,413,000 |
| Other employee benefits | $83,543,000 |
| Payroll taxes | $50,336,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,175,000 |
| Fees for services: Accounting | $580,000 |
| Fees for services: Lobbying | $264,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,702,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,135,000 |
| Office expenses | $136,550,000 |
| Information technology | $41,170,000 |
| Royalties | $156,000 |
| Occupancy | $48,551,000 |
| Travel | $18,152,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $11,000 |
| Conferences, conventions, and meetings | $1,810,000 |
| Interest | $23,714,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,062,000 |
| Insurance | $4,077,000 |
| All other expenses | $0 |
| Total functional expenses | $1,475,281,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,000 |
| Savings and temporary cash investments | $341,189,000 |
| Pledges and grants receivable | $71,021,000 |
| Accounts receivable, net | $125,417,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $41,508,000 |
| Inventories for sale or use | $599,000 |
| Prepaid expenses and deferred charges | $13,644,000 |
| Net Land, buildings, and equipment | $1,610,815,000 |
| Investments—publicly traded securities | $1,234,890,000 |
| Investments—other securities | $151,189,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,387,000 |
| Total assets | $3,627,877,000 |
| Accounts payable and accrued expenses | $216,178,000 |
| Grants payable | $0 |
| Deferred revenue | $82,845,000 |
| Tax-exempt bond liabilities | $463,127,000 |
| Escrow or custodial account liability | $1,765,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $285,918,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,049,833,000 |
| Net assets without donor restrictions | $2,114,108,000 |
| Net assets with donor restrictions | $463,936,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,627,877,000 |
Grants Awarded
Over the last fiscal year, Temple University-Of The Commonwealth System Of Higher Educ has awarded $23,018,644 in support to 252 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: Research subcontract | $620,199 |
Philadelphia, PA PURPOSE: Research subcontract | $620,199 |
New Orleans, LA PURPOSE: Research subcontract | $596,451 |
New Orleans, LA PURPOSE: Research subcontract | $596,451 |
Seattle, WA PURPOSE: Research subcontract | $586,853 |
Seattle, WA PURPOSE: Research subcontract | $586,853 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Temple University-Of The Commonwealth System Of Higher Educ has recieved totaling $933,164.
| Awarding Organization | Amount |
|---|---|
Helios Education Foundation Phoenix, AZ | | $220,000 |
Leukemia & Lymphoma Society Inc Overland Park, KS PURPOSE: RESEARCH GRANT | $210,000 |
Pennsylvania Interest On Lawyer Trust Account Board Harrisburg, PA PURPOSE: LEGAL ASSISTANCE | $177,800 |
Amyotrophic Lateral Sclerosis Assn Arlington, VA PURPOSE: CLINICAL MANAGEMENT | $112,259 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $87,336 |
Amyotrophic Lateral Sclerosis Assn Arlington, VA PURPOSE: CLINICAL MANAGEMENT | $40,000 |
Endowment Analysis
| Beg. Balance | $696,319,000 |
| Earnings | $2,230,000 |
| Net Contributions | $13,893,000 |
| Other Expense | -$2,100,000 |
| Grants | $26,063,000 |
| Ending Balance | $688,479,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fordham University Bronx, NY | $2,146,125,008 | $936,054,028 |
Rochester Institute Of Technology Rochester, NY | $2,165,976,339 | $849,584,640 |
St Johns University New York Jamaica, NY | $1,490,909,375 | $810,687,746 |
University Of Dayton Dayton, OH | $1,782,604,426 | $747,930,230 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Villanova University Villanova, PA | $1,878,489,443 | $644,725,997 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,235,224,804 | $592,927,157 |
Rockefeller University New York, NY | $3,879,645,094 | $455,447,251 |
Lehigh University Bethlehem, PA | $2,533,120,795 | $506,773,429 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Seton Hall University South Orange, NJ | $814,560,000 | $456,494,000 |