University of Northumbria at Newcastle EIN 98-1705457

University of Northumbria at Newcastle

EIN  98-1705457 Higher education institution United Kingdom Founded 1992
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Size
$100M+
What they do
Supports and maintains a university for charitable and educational purposes.
Leadership
Andy Long · Vice-Chancellor · $262K
Money in and out
$400.7M revenue, $390.7M expenses
Bottom line
+2% operating surplus

Supports and maintains a university for charitable and educational purposes. For fiscal year 2024 it reported $400.7M in revenue, $390.7M in expenses, and $438.1M in net assets.Pt I

Financial scale & money flow · FY2024
Total revenue
$400.7M
Pt VIII · Ln 12
Total expenses
$390.7M
Pt IX · Ln 25
Net assets
$438.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10.0M
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.36
Operating surplus
+2%
revenue over expenses, this legal entity
Payroll share
56%
of this entity's spending is salaries & benefits
Program spending
64%
of expenses reach program services

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$400.7M
Pt VIII · Ln 12
Total expenses
$390.7M
Pt IX · Ln 25
Net assets
$438.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10.0M
Total assetsPt X · Ln 16$619.4M
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $248.8M of program spending, described in the organization's own filed words · FY2023.
01

Ducation

Northumbria University provides undergraduate and postgraduate education in courses including business, law, engineering, health, and the arts. In 2023/24, over 37,000 students from 138 countries were enrolled. The university maintained a high graduate employment rate and expanded its academic offerings and global partnerships.

$218.7Mprogram expense
02

Research

Our strong performance in the Research Excellence Framework (REF2021) saw us rise to 23rd in the UK for research power, establishing us firmly as a research intensive university. Research funding applications and awards have surged in this financial year, with applications increasing by 29% and awards by 31% over the previous year.One…

$18.1Mprogram expense
03

Residences, Catering and Conferencing

Northumbria University provides a range of support services that enhance the student experience and engage external stakeholders. These include university-managed student residences housing over 5,000 students annually; on-campus catering outlets offering affordable meals to students and staff; and conferencing facilities that host…

$12.0Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUniversity of Northumbria at Newcastle
EINHdr · item D98-1705457
Principal addressHdr · item CUnited Kingdom,
WebsiteHdr · item Jwww.northumbria.ac.uk
Year of formationHdr · item L1992
State of legal domicileHdr · item M
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFColleges & Universities (B43)
Ruling yearIRS BMFJul 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Vice-Chancellor
$262,500Pt VII · Sec A
Deputy Vice-Chancellor
$185,000Pt VII · Sec A
Pro Vice-Chancellor
$162,500Pt VII · Sec A
Pro Vice-Chancellor
$145,000Pt VII · Sec A
Chief People Officer
$145,000Pt VII · Sec A
Chief Marketing Officer
$145,000Pt VII · Sec A
Pro Vice-Chancellor
$145,000Pt VII · Sec A
Pro Vice-Chancellor
$145,000Pt VII · Sec A

Andy Long’s $262K as Vice-Chancellor is at the 99th percentile of top reported officer pay among 144 <$100K education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Program service revenue$326.5M · 82%
Contributions & grants$39.1M · 10%
Other revenue$29.4M · 7%
Investment income$5.6M · 1%
Program service revenue82%$326.5M
Contributions & grants10%$39.1M
Other revenue7%$29.4M
Investment income1%$5.6M
— government grantsLn 1e$38.6M
Total revenueLn 12$400.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.36
Program services64%$248.8M
Management & general36%$141.9M
Total functional expensesLn 25$390.7M

Balance Sheet

Part X · end of year
CashLn 1$132.1M
Total assetsLn 16$619.4M
Total liabilitiesLn 26$181.3M
Total net assetsLn 32$438.1M
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $132.1M · Operating expenses/yr $390.7M
4.1 months
Where the money goes
Program services
Program services $248.8M · Total expenses $390.7M
64%
Management & General
Management & general $141.9M · Total expenses $390.7M
36%
Fundraising
Fundraising $0 · Total expenses $390.7M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $483K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $39.1M · Total revenue $400.7M
10%
Government reliance
Government grants $38.6M · Total revenue $400.7M
10%
Earned-income share
Program service revenue $326.5M · Total revenue $400.7M
82%
Investment reliance
Investment income $5.6M · Total revenue $400.7M
+1%
Program self-sufficiency
Program service revenue $326.5M · Total expenses $390.7M
84%
Growth & trend
Revenue growth (YoY)
This year $400.7M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $438.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $400.7M · Expenses $390.7M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $619.4M
Net-asset ratio
Net assets $438.1M · Total assets $619.4M
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $619.4M
0%
People & payroll
Highest Reported Total Compensation
Individual Andy Long · Reported title Vice-Chancellor · Highest reported compensation $262K · Total expenses $390.7M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $219.0M · Total expenses $390.7M
56%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 36%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$400.7M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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