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THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge

Also known as The University of Cambridge

New York, NY · EIN 13-1599108 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending July 31, 2025 (tax year 2024) · View the filing · Correct or respond

THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge reported $3.50 billion in revenue and $3.49 billion in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $86.72 went to program services, $12.64 to management and general costs and $0.64 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 63.2% of the total. Government grants made up 15.4%. The highest compensation it reported for one person was $959,549 (Chief Executive - CUP&A). 2,245 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $3.49B

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending July 31, 2025 · Form 990, Part VIII · total revenue $3.50B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
86.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
29.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
15.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
63.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$959,549$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.03%1.28%
People paid over $100,000
Part VII, line 2
2,2458
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
34.913.3
Independent voting board members
Part VI 1a–1b
16 of 25100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$970M expenses · 32.0% of program spending · revenue $490M

Research

$806M expenses · 26.6% of program spending · grants $193M · revenue $575M

Teaching

$742M expenses · 24.5% of program spending · revenue $679M

Examinations and assessments

$509M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chief Executive - CUP&A
Key employee, 40.0 hrs/week
$959,549$0$0$959,549
CFO - CUP&A
Key employee, 40.0 hrs/week
$956,852$0$0$956,852
Vice-Chancellor
Director/trustee, officer, 40.0 hrs/week
$491,760$0$107,884$599,644
Margaret Thatcher Professor of Enterprise Studies
Highest compensated employee, 40.0 hrs/week
$522,917$0$65,235$588,152
Unestablished Chief Financial Officer
Officer, 40.0 hrs/week
$531,386$0$0$531,386
Managing Director - International Education
Highest compensated employee, 40.0 hrs/week
$482,614$0$0$482,614
CIO - CUP&A
Highest compensated employee, 40.0 hrs/week
$465,472$0$0$465,472
Professor of Operations Management (Grade 11)
Highest compensated employee, 40.0 hrs/week
$416,346$0$36,142$452,488

2,245 people received more than $100,000 in reportable compensation from THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge (Part VII, line 2). Compensation of current officers, directors and key employees totaled $8.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$1.00B$2.00B$3.00B$4.00BFY2020FY2021FY2022FY2023FY2024FY2025$3.50B$3.49B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$3.50B$3.49B86.7%$10.2B$959,549
FY2024 ⓘ$3.07B$2.61B87.5%$9.19B$817,491
FY2023 ⓘ$2.80B$2.65B89.1%$7.87B$804,002
FY2022 ⓘ$2.63B$2.75B97.5%$7.92B$646,549
FY2021 ⓘ$2.73B$2.57B92.3%$7.30B$584,533
FY2020 ⓘ$2.48B$2.29B98.3%$5.69B$730,683

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5201
  • Volunteers Part I, line 620

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Cognizant Worldwide Limited
IT Services
$31,230,174
CAMBRIDGE UNIVERSITY HOSPITALS NHS FOUNDATION TRUST
Health
$23,930,844
Rm Education Plc
IT Services
$17,098,820
EQUANS SERVICES LTD
Buildings management
$13,682,173
Canon UK Ltd
Support Services
$13,449,159

Individuals listed as contractors are left out. 1,385 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge totaling $574K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge's spending goes to programs?

In the fiscal year ending July 31, 2025, THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge reported that 86.7% of its $3.49 billion in expenses went to program services, 12.6% to management and general and 0.6% to fundraising (Form 990, Part IX).

How much does THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge pay its top executive?

The largest total compensation THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge reported for one person in the fiscal year ending July 31, 2025 was $959,549, for the role of Chief Executive - CUP&A (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge get its money?

Of $3.50 billion in revenue in the fiscal year ending July 31, 2025, 29.1% came from contributions and grants (including 15.4% from government grants) and 63.2% from program service revenue (Form 990, Part VIII).

Is THE CHANCELLOR MASTERS AND SCHOLARS Of the University of Cambridge a registered charity?

The IRS lists EIN 13-1599108 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending July 31, 2025, object 202631669349301118 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202531679349301658 · read the filing
  • FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202411669349300326 · read the filing
  • FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202341659349301719 · read the filing
  • FY2021: Form 990 for the fiscal year ending July 31, 2021, object 202201659349300600 · read the filing
  • FY2020: Form 990 for the fiscal year ending July 31, 2020, object 202111659349301906 · read the filing

All filings for EIN 13-1599108: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.