New York University In Abu Dhabi Corporation
- Assets
- $8.5m
- Revenue
- $220.4m
- Investments
- $0.0
- Employees
- 481
- Location
- New York, NY
- Founding
- 02/2009
- Data as of
- 08/2021
- EIN
- 26-2652713
Organization Overview
New York University In Abu Dhabi Corporation is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 08/2021, New York University In Abu Dhabi Corporation employed 481 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York University In Abu Dhabi Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, New York University In Abu Dhabi Corporation generated $220.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $220.4m during the year ending 08/2021. While expenses have increased by 5.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NYU IN ABU DHABI (NYUAD) IS TO SUPPORT NEW YORK UNIVERSITY (NYU) IN ITS OPERATION OF NEW YORK UNIVERSITY IN ABU DHABI (NYUAD) BY PROVIDING PERSONNEL TO NYUAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NYU ABU DHABI UNDERGRADUATE PROGRAMS: NYU ABU DHABI IS A DEGREE-GRANTING RESEARCH UNIVERSITY WITH A FULLY INTEGRATED LIBERAL ARTS AND SCIENCE UNDERGRADUATE PROGRAM IN THE ARTS AND HUMANITIES, SCIENCES, SOCIAL SCIENCES, AND ENGINEERING. NYU IN NEW YORK, NYU ABU DHABI, AND NYU SHANGHAI FORM THE BACKBONE OF NYU'S GLOBAL NETWORK OF DEGREE-GRANTING CAMPUSES AND ACADEMIC CENTERS ACROSS SIX CONTINENTS. NYU ABU DHABI DRAWS STUDENTS OF ALL BACKGROUNDS FROM AROUND THE WORLD TO CREATE A UNIQUELY DIVERSE AND DYNAMIC STUDENT BODY. IT OFFERS 25 UNDERGRADUATE MAJORS AND NUMEROUS MULTIDISCIPLINARY MINORS AND SPECIALIZATIONS. NYU ABU DHABI OFFERS ACADEMIC PROGRAMS THROUGHOUT THE ACADEMIC YEAR FROM AUGUST TO MAY, INCLUDING JANUARY TERM AND SUMMER COURSES. EXPENSES INCURRED DURING THE FISCAL YEAR ENABLED THE DELIVERY OF ACADEMIC PROGRAMS THROUGH THE PROVISION OF FACULTY AND ADMINISTRATIVE SUPPORT SERVICES. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.
NYU ABU DHABI RESEARCH: NYU ABU DHABI IS A WORLD-CLASS CENTER OF CUTTING-EDGE RESEARCH, SCHOLARSHIP, AND CULTURAL ACTIVITY. FACULTY FROM ACROSS THE ARTS, HUMANITIES, SOCIAL SCIENCES, SCIENCES, AND ENGINEERING CARRY OUT CREATIVE SCHOLARSHIP AND CONDUCT RESEARCH ON ISSUES OF MAJOR DISCIPLINARY, MULTIDISCIPLINARY, AND GLOBAL SIGNIFICANCE. THE NYUAD RESEARCH INSTITUTE PROMOTES CUTTING-EDGE AND INNOVATIVE RESEARCH THROUGH THE SUPPORT OF ITS CENTERS, LABS, AND PROJECTS. THE UNIVERSITY'S UNIQUE LOCATION IN ABU DHABI MAKES IT AN IDEAL HUB FOR RESEARCHERS PURSUING ANSWERS TO PRESSING QUESTIONS AND SOLUTIONS TO COMPLEX GLOBAL PROBLEMS. NYU ABU DHABI IS RANKED NUMBER 1 IN THE UAE BY NATURE INDEX FOR HIGH-QUALITY RESEARCH OUTPUT. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.
SHEIKH MOHAMMED SCHOLARS PROGRAM: THE SHEIKH MOHAMMED BIN ZAYED SCHOLARS PROGRAM OFFERS A SELECT COHORT OF TALENTED UNIVERSITY STUDENTS UNIQUE ACCESS TO SPECIFICALLY DESIGNED COURSES, LECTURES, LEADERSHIP EXPERIENCES, NETWORKING, AND GRADUATE SCHOOL OPPORTUNITIES AND SCHOLARSHIPS. THE PROGRAM ACCEPTS SOME OF THE MOST OUTSTANDING STUDENTS AT THE THREE NATIONAL UNITED ARAB EMIRATES UNIVERSITIES: ZAYED UNIVERSITY, THE UNITED ARAB EMIRATES UNIVERSITY, AND HIGHER COLLEGES OF TECHNOLOGY, AND HAS BEEN DEVELOPED IN CLOSE CONSULTATIONS WITH THE ABU DHABI EDUCATION COUNCIL, NATIONAL EXTANT UNIVERSITIES AND COLLEGES IN THE UAE, AND NEW YORK UNIVERSITY ABU DHABI. THE ORGANIZATION RECEIVES GRANTS TO DEFRAY THE COSTS OF THIS PROGRAM SERVICE ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fatma Abdulla Snr V. Provost, Strategy & Planning | Officer | 60 | $816,026 |
Sehamuddin Galadari Senior Vice Provost Of Research | Officer | 60 | $657,938 |
Barbara Cardeli-Arroyo Assoc V. Chancellor,hr (end:9/22/20) | Officer | 60 | $632,161 |
Caroline Dimitri Assoc General & Chief Legal Counsel | 60 | $506,679 | |
Kyle Farley Assoc V. Chancellor, Student Affairs | Officer | 60 | $505,700 |
Nikolaos Nikiforakis Professor Of Economics | 60 | $469,054 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $211,272,219 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,272,219 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,117,913 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,364,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,266,616 |
| Compensation of current officers, directors, key employees. | $568,116 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $111,522,931 |
| Pension plan accruals and contributions | $10,262,359 |
| Other employee benefits | $92,933,959 |
| Payroll taxes | $3,378,461 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $220,364,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,131,836 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,348,337 |
| Total assets | $8,480,173 |
| Accounts payable and accrued expenses | $8,480,173 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,480,173 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $8,480,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nyc School Support Services Inc New York, NY | $89,153,904 | $637,449,387 |
Jefferson University Physicians Philadelphia, PA | $187,548,071 | $476,809,687 |
Research Foundation Of The City University Of New York New York, NY | $439,317,076 | $501,643,850 |
Harvard Management Private Equity Corporation Boston, MA | $50,439,258,807 | $2,446,321,053 |
New York University In Abu Dhabi Corporation New York, NY | $8,480,173 | $220,364,326 |
Rutgers University Foundation New Brunswick, NJ | $149,036,870 | $173,496,480 |
Wilkes University Wilkes Barre, PA | $232,735,413 | $139,424,489 |
U B Foundation Activities Inc Buffalo, NY | $144,841,745 | $102,321,519 |
Hansjorg Wyss Institute For Biologically Inspired Engineering Boston, MA | $178,608,152 | $47,853,271 |
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University Of Connecticut Foundation Incorporated Storrs, CT | $744,628,423 | $150,826,250 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |