Executive Compensation at Columbia (2023)
Columbia University (Columbia) reported a very different year in 2023: after coming off a record year in 2022 when revenue reached an all time high ($7.1 billion) with expenses of $5.9 billion (including $300 million of depreciation), Columbia reported total revenue of $6.7 billion and expenses of $6.4 billion (including $300 million in depreciation) in 2023. However, Columbia increased net assets from $18.4 billion to $18.7 billion in 2023 by adding unspent revenue and nearly $150 million in unrealized gains on investments (offset by a negative $80 million adjustment to net assets for “other non-operating adjustments”) to the general fund.
In terms of compensation, 40,081 employees (up by 3,000 since 2022) were compensated $3.9 billion, which equates to an average compensation of $97,000. The 22 most highly compensated individuals (listed below) received $42 million which equates to an average compensation package of nearly $2 million: Read more 
Executive Compensation at Columbia (2022)
2022 was a record year for Columbia University (Columbia) and many of its employees with total revenue reaching an all time high: $7.1 billion while expenses totaled $5.6 billion (not including $329 in depreciation). Although the university’s expenses were more than $1 billion less than total revenue, $2.3 billion in net unrealized losses on investments (2022 was not a great year in the market) caused net assets to decline from $19.6 billion to $18.4 billion at year-end.
In terms of compensation, 37,144 employees were compensated $3.6 billion, which equates to an average compensation of $79,000. The 20 most highly compensated individuals (listed below) received $39 million which equates to an average compensation package of nearly $2 million each: Read more
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