William Marsh Rice University

William Marsh Rice University Overview

William Marsh Rice University is located in Houston, TX. The organization was established in 1938. 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, William Marsh Rice University employed 8,624 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, William Marsh Rice University generated $976.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $925.3m during the year ending 06/2020. While expenses have increased by 4.0% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

RESEARCH AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEPARTMENTAL RESEARCH AND INSTRUCTION, AND OTHER INSTITUTIONAL ACTIVITIES. RICE UNIVERSITY IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES (SACS-COC), ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY (ABET), INTERNATIONAL ASSOCIATION FOR MANAGEMENT EDUCATION (AACSB INTERNATIONAL), NATIONAL ARCHITECTURAL ACCREDITING BOARD (NAAB), AND THE TEXAS EDUCATION AGENCY (TEA). RICE SERVES APPROXIMATELY 4,000 UNDERGRADUATE AND 3,000 GRADUATE STUDENTS, AS WELL AS 13,000 LIFE-LONG LEARNERS. FOR THE COHORT ENTERING FALL 2014 THE SIX-YEAR UNDERGRADUATE GRADUATION RATE IS 94.2 PERCENT. RICE OFFERS MORE THAN 50 UNDERGRADUATE MAJORS ACROSS SIX SCHOOLS OF STUDY: SOCIAL SCIENCES, NATURAL SCIENCES, ENGINEERING, HUMANITIES, MUSIC AND ARCHITECTURE. IN CONJUNCTION WITH VARIOUS MAJORS, STUDENTS CAN TAKE COURSES THAT SATISFY THE REQUIREMENTS FOR ADMISSION TO MEDICAL, DENTAL, LAW OR GRADUATE SCHOOL, OR THAT LEAD TO TEACHER CERTIFICATION. THE JONES SCHOOL OF BUSINESS LAUNCHED AN ONLINE MBA PROGRAM, MBA@RICE, TO DELIVER EDUCATION TO WORKING PROFESSIONALS WITH EXTENSIVE EXPERIENCE WHO MAY NOT HAVE THE OPTION TO STUDY ON CAMPUS. THE UNIVERSITY ALSO OFFERS ONLINE COURSES FOR CREDIT AND FOR LIFE-LONG LEARNING, BOTH DURING THE ACADEMIC YEAR AND IN SUMMER SESSIONS. TO DATE, OVER 2 MILLION LEARNERS HAVE ENROLLED IN COMPUTER SCIENCE, ENGINEERING, PHYSICS, AND OTHER COURSES TAUGHT BY RICE'S AWARD-WINNING FACULTY, AND 90,000 LEARNERS HAVE COMPLETED AT LEAST ONE ONLINE COURSE. RICE UNIVERSITY HAS AN UNDERGRADUATE STUDENT-TO-FACULTY RATIO OF 6 TO 1. IN GENERAL, CLASSES ARE SMALL ENOUGH FOR EACH PROFESSOR TO KNOW EVERY STUDENT'S NAME, SO THERE IS AMPLE OPPORTUNITY FOR PERSONAL ATTENTION. RICE IS RANKED AMONG THE TOP 20 NATIONALLY BY THE US NEWS AND WORLD REPORT IN THE 2019 EDITION, AND THE PRINCETON REVIEW RANKED RICE NO. 1 FOR "HAPPIEST STUDENTS" AND "LOTS OF RACE/CLASS INTERACTIONS" IN THE 2018 EDITION, ALONG WITH HIGH RANKINGS FOR "BEST QUALITY OF LIFE" AND "BEST HEALTH SERVICES". IN KIPLINGER'S "300 BEST COLLEGE VALUES, 2019," RICE RANKS NO. 7 AMONG PRIVATE UNIVERSITIES AND NO. 26 AMONG PRIVATE AND PUBLIC SCHOOLS COMBINED. RICE OFFERS OVER 70 MASTERS AND DOCTORAL DEGREES IN THE HUMANITIES, LIBERAL STUDIES, SOCIAL SCIENCES, NATURAL SCIENCES, ENGINEERING, ARCHITECTURE, MUSIC, AND BUSINESS. GRADUATE PROGRAMS ARE SMALL TO MEDIUM-SIZED, OFFERING THE OPPORTUNITY TO WORK CLOSELY WITH GRADUATE ADVISORS. PROXIMITY TO BOTH THE HOUSTON MUSEUM DISTRICT AND THE RENOWNED TEXAS MEDICAL CENTER ALLOWS FOR EXCEPTIONAL ACCESS TO THE VISUAL ARTS AS WELL AS CUTTING-EDGE BIOMEDICAL RESEARCH. THE MANY INTERDISCIPLINARY CENTERS AND INSTITUTES ENHANCE THE EXPERIENCE OF STUDENTS ACROSS ALL DISCIPLINES. RICE'S MOODY CENTER FOR THE ARTS OFFERS AN EXPERIMENTAL PLATFORM FOR CREATING AND PRESENTING WORKS IN ALL DISCIPLINES, A FLEXIBLE TEACHING SPACE TO ENCOURAGE NEW MODES OF LEARNING AND A FORUM FOR CREATIVE PARTNERSHIPS WITH VISITING NATIONAL AND INTERNATIONAL ARTISTS. OPEN AND ACCESSIBLE TO THE PUBLIC, THE MOODY CENTER IS DEDICATED TO INTERDISCIPLINARY COLLABORATION IN THE ARTS, SCIENCES AND HUMANITIES. THE RICE MUSIC AND PERFORMING ARTS CENTER IS CURRENTLY UNDER CONSTRUCTION. THIS MUSIC AND OPERA BUILDING IS EXPECTED TO BE OPEN TO STUDENTS AND THE GENERAL PUBLIC IN JULY 2020. THE SUSANNE M. GLASSCOCK SCHOOL OF CONTINUING STUDIES PROVIDES LIFELONG PERSONAL AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO THE LARGER COMMUNITY. THE SCHOOL ATTRACTS MORE THAN 16,000 ENROLLMENTS EACH YEAR TO ITS NON-CREDIT AND CREDIT PROGRAMS. RICE IS LOCATED IN HOUSTON, TEXAS, THE NATION'S FOURTH-LARGEST CITY, THE ENERGY CAPITAL OF THE WORLD AND A DYNAMIC INTERNATIONAL BUSINESS AND CULTURAL CENTER, ON A 300-ACRE, TREE-LINED CAMPUS JUST A FEW MILES FROM DOWNTOWN. UNDERGRADUATE STUDENTS ARE GIVEN FREE METRO PASSES FOR PUBLIC TRANSPORTATION; INCLUDING THE LIGHT RAIL SYSTEM WHICH HAS TWO STATIONS LOCATED A BLOCK FROM CAMPUS. THE UNIVERSITY OPERATES FREE SHUTTLE BUS ROUTES THAT EACH INCLUDE THE CAMPUS, OFF-CAMPUS GRADUATE STUDENT HOUSING, AND LOCAL SHOPPING CENTERS AND ATTRACTIONS. HOUSTON BOASTS 189 MUSEUMS, OPERA, BALLET, SYMPHONY AND THEATER, AND FOUR PROFESSIONAL MAJOR LEAGUE SPORTS TEAMS. RICE'S RESIDENTIAL COLLEGE SYSTEM LIES AT THE CORE OF EVERY UNDERGRADUATE'S EXPERIENCE. EVERY UNDERGRADUATE STUDENT, WHETHER LIVING ON CAMPUS OR NOT, IS A MEMBER OF ONE OF 11 SELF-GOVERNED COEDUCATIONAL RESIDENTIAL COLLEGES. EACH COLLEGE HAS A RESIDENT COLLEGE MAGISTER. OTHER MEMBERS OF THE FACULTY ARE INVITED TO BECOME RESIDENT AND NONRESIDENT ASSOCIATES OF EACH COLLEGE. FACULTY ASSOCIATES ACT AS ADVISORS TO THE STUDENTS AND PARTICIPATE IN THE CAMARADERIE AND ACTIVITIES OF THEIR RESPECTIVE COLLEGE. COLLEGES ALSO HAVE NON-FACULTY UNIVERSITY ASSOCIATES AND COMMUNITY ASSOCIATES FROM THE HOUSTON AREA, DRAWN FROM VARIOUS PROFESSIONS. EACH COLLEGE BUILDING INCLUDES A COMMONS AREA THAT SERVES AS A DINING HALL AS WELL AS PUBLIC SPACE, WHICH ARE AVAILABLE TO BOTH RESIDENT AND NONRESIDENT MEMBERS, THE COLLEGES HOUSE APPROXIMATELY 2850 STUDENTS FROM ALL CLASSES AND ALL ACADEMIC DISCIPLINES. WHEELCHAIR-ACCESSIBLE ROOMS ARE AVAILABLE IN ALL COLLEGES. RICE FIELDS 16 MEN'S AND WOMEN'S VARSITY TEAMS AT THE NCAA DIVISION 1A (FBS) LEVEL. THE BASEBALL TEAM HAS QUALIFIED FOR 23 CONSECUTIVE NCAA CHAMPIONSHIPS AND EARNED SEVEN TRIPS TO THE COLLEGE WORLD SERIES, WINNING THE NCAA TITLE IN 2003. RICE'S FOOTBALL TEAM HAS QUALIFIED FOR FIVE BOWL GAMES SINCE 2006, WINNING THREE, AND CAPTURED THE 2013 CONFERENCE USA CHAMPIONSHIP. RICE WOMEN'S TEAMS IN VOLLEYBALL, SOCCER, SWIMMING, BASKETBALL, AND TENNIS REGULARLY ADVANCE TO NCAA TOURNAMENTS. RICE PLACED 255 STUDENT-ATHLETES ON THE CUSA COMMISSIONER'S HONOR ROLL, WHICH IS RESERVED FOR ATHLETES WHO MAINTAIN A CUMULATIVE GPA OF 3.0 OR BETTER. EIGHT OF THE RICE SPORTS TEAMS RANK IN THE TOP 10 PERCENT OF INTERCOLLEGIATE ATHLETICS TEAMS IN TERMS OF PROGRESSION TOWARDS A DEGREE. STUDENT MEDIA INCLUDES THE RICE THRESHER (NEWSPAPER), KTRU (FM RADIO STATION), THE CAMPANILE (YEARBOOK), RTV5 (CAMPUS TELEVISION STATION), AND SEVERAL MAGAZINES. THE BARBARA AND DAVID GIBBS RECREATION AND WELLNESS CENTER HAS TWO INDOOR BASKETBALL COURTS, FOUR RACQUETBALL COURTS, TWO SQUASH COURTS, CARDIO AND WEIGHT AREAS, A DANCE STUDIO, TWO OUTDOOR LIGHTED BASKETBALL COURTS AND HEATED OUTDOOR RECREATION AND COMPETITION POOLS. THROUGH THE RICE OUTDOOR PROGRAMS AND EDUCATION (ROPE) PROGRAM, STUDENTS MAY TAKE PART IN SPONSORED OUTDOOR TREKS THAT INCLUDE EVERYTHING FROM CAMPING TO KAYAKING.


BASIC SCIENTIFIC RESEARCH AND TRAINING CONDUCTED BY FACULTY AND STAFF AND OTHER SPONSORED EDUCATIONAL PROGRAMS. FROM ITS INCEPTION, RICE HAS BEEN DEDICATED, IN THE WORDS OF ITS FIRST PRESIDENT EDGAR ODELL LOVETT,"AS MUCH TO INVESTIGATION AS TO INSTRUCTION" AND TO PROVIDING A SETTING IN WHICH FACULTY WOULD JOIN THE "PLEASURES OF TEACHING" WITH "THE PRIVILEGES OF RESEARCH." THE UNIVERSITY HAS REALIZED MUCH OF THIS AMBITION WITH DISTINCTION IN UNDERGRADUATE EDUCATION AND RESEARCH EXCELLENCE ACROSS MANY DISCIPLINES. RICE IS HOME TO MORE THAN 40 INTERDISCIPLINARY RESEARCH CENTERS, INSTITUTES AND CONSORTIA, AND RESEARCH IS A FUNDAMENTAL PART OF THE UNDERGRADUATE EXPERIENCE. THE UNIVERSITY HAS PRODUCED FULBRIGHT SCHOLARS, MARSHALL SCHOLARS, WATSON FELLOWS, MELLON FELLOWS, NATIONAL SCIENCE FOUNDATION FELLOWS, AND RHODES SCHOLARS AMONG OTHER HONORS AND AWARDS. THE UNIVERSITY HAS A VERY HIGH LEVEL OF RESEARCH ACTIVITY FOR ITS SIZE, WITH $133.7 MILLION IN SPONSORED RESEARCH FUNDING IN 2019. RICE IS NOTED FOR ITS APPLIED SCIENCE PROGRAMS IN THE FIELDS OF ARTIFICIAL HEART RESEARCH, STRUCTURAL CHEMICAL ANALYSIS, SIGNAL PROCESSING, SPACE SCIENCE AND NANOTECHNOLOGY. IT WAS RANKED IN THE TOP 10% OF INSTITUTIONS BASED ON CITATIONS PER FACULTY PER ACADEMIC ANALYTICS DATA. RICE HAS 683 FULL-TIME AND 196 PART-TIME FACULTY MEMBERS. NINTY-NINE PERCENT OF FULL-TIME FACULTY HOLD PH.D.S OR EQUIVALENT TERMINAL DEGREES IN THEIR FIELD. BECAUSE OF THEIR PIONEERING RESEARCH, RICE FACULTY HAVE BEEN HONORED WITH NUMEROUS PRESTIGIOUS AWARDS AND ACCOLADES OVER THE YEARS. IN 1996, RICE PROFESSORS RICHARD SMALLEY (NOW DECEASED) AND ROBERT CURL RECEIVED THE NOBEL PRIZE FOR THEIR DISCOVERY OF A UNIQUE MOLECULAR FORM OF CARBON THAT HERALDED THE NEW ERA OF NANOTECHNOLOGY RESEARCH. IN 2011, RICHARD TAPIA, A RICE MATHEMATICIAN AND LONGTIME CHAMPION OF DIVERSITY IN U.S. EDUCATION, RECEIVED THE NATIONAL MEDAL OF SCIENCE FROM PRESIDENT BARACK OBAMA FOR HIS WORK IN OPTIMIZATION THEORY AND NUMERICAL ANALYSIS, AS WELL AS FOR HIS MENTORING OF WOMEN AND UNDER-REPRESENTED MINORITIES IN THE FIELDS OF MATHEMATICS AND SCIENCE. AS OF FEBRUARY 2018, RICE HAD 12 FACULTY MEMBERS IN THE NATIONAL ACADEMY OF ENGINEERING, 10 IN THE NATIONAL ACADEMY OF SCIENCE, FOUR IN THE INSTITUTE OF MEDICINE, AND SIX IN THE NATIONAL HUMANITIES CENTER. IN 2016, DR. REBECCA RICHARDS-KORTUM WON A PRESTIGIOUS MACARTHUR FELLOWSHIP. RICE'S COMMITMENT TO SCIENTIFIC RESEARCH CAN BE SEEN IN THE CONSTRUCTION OF THE BIOSCIENCE RESEARCH COLLABORATIVE, A 488,000- SQUARE-FOOT FACILITY WHERE SCIENTISTS AND EDUCATORS FROM RICE AND OTHER TEXAS MEDICAL CENTER INSTITUTIONS WORK TOGETHER ON RESEARCH THAT BENEFITS HUMAN MEDICINE AND HEALTH, AND THE BROCKMAN HALL FOR PHYSICS, A STATE-OF-THE-ART 110,000 SQUARE-FOOT FACILITY THAT INCLUDES VIBRATION AND NOISE CONTROLLED UNDERGROUND LABORATORIES. RICE ALSO HAS AN ACTIVE RESEARCH AGENDA IN THE SOCIAL SCIENCES AND HUMANITIES. THE BAKER INSTITUTE FOR PUBLIC POLICY IS ONE OF THE LEADING NONPARTISAN PUBLIC POLICY THINK TANKS IN THE COUNTRY AND CONDUCTS RESEARCH ON DOMESTIC AND FOREIGN POLICY ISSUES. THE HUMANITIES RESEARCH CENTER FOSTERS INTERNATIONAL AND INTERDISCIPLINARY CONNECTIONS WITH WORKSHOPS AND LARGE CONFERENCES. FOCUS AREAS INCLUDE QUESTIONS OF ENERGY AND ENERGY TRANSITIONS, THE CIVIC HUMANISTS PROGRAM, AND THE OUR AMERICAS ARCHIVE PARTNERSHIP.


OPERATIONS OF A LIBRARY THAT SERVES STUDENTS, FACULTY, STAFF, ALUMNI, AND FRIENDS OF WILLIAM MARSH RICE UNIVERSITY AND IS OPEN TO THE PUBLIC BY CHARTER. THE FONDREN LIBRARY SUBSCRIBES TO APPROXIMATELY 72,000 CURRENT JOURNALS (PRINT AND ELECTRONIC) AND HOUSES OVER 3,032,000 PRINT VOLUMES AND 3,276,000 UNITS OF MICROFORMS. THE COLLECTIONS INCLUDE AUDIOVISUALS, MUSIC RECORDINGS, SCORES AND OTHER SPECIAL FORMATS. AN INCREASING AMOUNT OF LIBRARY RESOURCES ARE PROVIDED ONLINE. THE LIBRARY IS A SELECTIVE DEPOSITORY FOR U.S. AND TEXAS GOVERNMENT PUBLICATIONS AND A DEPOSITORY FOR DOCUMENTATION OF U.S. PATENTS AND TRADEMARKS. THE BROWN FINE ARTS LIBRARY CONTAINS OVER 200,000 VOLUMES RELATED TO ART, ARCHITECTURE, CLASSICAL ARCHAEOLOGY AND MUSIC. ALL LIBRARY PATRONS ARE WELCOME TO USE FINE ARTS MATERIALS AND FACILITIES, INCLUDING LISTENING EQUIPMENT, VHS, DVD AND LASERDISC PLAYERS.


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William Marsh Rice University Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

William Marsh Rice University Vendors

Vendor Name (Service)Compensation
Anslow Bryant Construction Ltd
Construction
$41,255,445
Linbeck Group Llc
Construction
$32,724,449
Tellepsen Builders Lp
Construction
$16,649,223
Austin Commercial Lp
Construction
$11,760,811
B Bell Builders Lp
Construction
$5,270,042
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,252,144
Related organizations$0
Government grants $137,157,408
All other contributions, gifts, grants, and similar amounts not included above$59,514,856
Noncash contributions included in lines 1a–1f $524,055
Total Revenue from Contributions, Gifts, Grants & Similar$197,924,408
Total Program Service Revenue$429,619,920
Investment income $15,681,266
Tax Exempt Bond Proceeds $0
Royalties $402,517
Net Rental Income $1,339,394
Net Gain/Loss on Asset Sales $347,146,877
Net Income from Fundraising Events $439,805
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $976,544,472

William Marsh Rice University Grants Recieved

Over the last fiscal year, we have identified 10 grants that William Marsh Rice University has recieved totaling $3,014,944.

Awarding OrganizationAmount
Conference U S A

Dallas, TX

PURPOSE: NCAA AND CONFERENCE USA DISTRIBUTIONS

$1,875,896
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: FAITH AT WORK NATL RESEARCH STUDY

$301,734
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$295,452
Jdrf International

New York, NY

PURPOSE: BETA CELL

$250,000
International Aids Vaccine Initiative Inc

New York, NY

PURPOSE: RESEARCH & DEVELOPMENT

$240,857
Hispanic Scholarship Fund

Gardena, CA

PURPOSE: TO PROVIDE SCHOLARSHIPS FOR STUDENTS

$29,055
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,506,177,000
Earnings-$71,049,000
Admin Expense$12,210,291
Net Contributions$34,638,000
Other Expense$119,649,118
Grants$171,583,591
Ending Balance$6,166,323,000

William Marsh Rice University Peer Organizations

Organization NameAssets
William Marsh Rice University
Houston, TX
$976,544,472
Southern Methodist University
Dallas, TX
$940,657,128
Texas Christian University
Fort Worth, TX
$895,084,917
University Of The Incarnate Word
San Antonio, TX
$259,002,070
Trinity University
San Antonio, TX
$216,246,276
Abilene Christian University
Abilene, TX
$252,996,672
St Edwards University
Austin, TX
$208,782,526
Loyola University
New Orleans, LA
$180,729,254
Harding University
Searcy, AR
$176,306,238
Texas A&m Foundation
College Station, TX
$282,467,067
St Marys University Of San Antonio
San Antonio, TX
$152,177,233
Oral Roberts University
Tulsa, OK
$154,062,702

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