Financial Statements for the year ended June 30, 2023
These financial statements are subject to change pending audit.
Statement of Net Position
| ASSETS, CURRENT AND NONCURRENT |
| Cash and Short Term investments | $ | 107,314,088 |
| Long Term Investments | $ | 638,400,976 |
| Contributions receivable, net | $ | 48,225,993 |
| Other Assets | $ | 43,587,183 |
| Total assets | $ | 837,528,240 |
| LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION |
| Liabilities, current and noncurrent | $ | 11,494,286 |
| Deferred inflows of resources | $ | 27,805,961 |
| Net position | $ | 798,227,993 |
| Total liabilities, deferred inflows | ||
| and net postion | $ | 837,528,240 |
Statement of Revenues, Expenses and Changes in Net Position
| OPERATING, NONOPERATING AND ENDOWMENT CONTRIBUTION REVENUES |
| Contributions, operating and endowment | $ | 52,527,059 |
| Investment gains, net | 55,750,060 | |
| Other Revenues | 18,024,625 | |
| Total Revenues | $ | 126,301,744 |
| EXPENSES | ||
| Support of university programs and activities | $ | 90,873,141 |
| Operating fundraising and other expense | 23,694,381 | |
| Total Expenses | $ | 114,567,522 |
| CHANGE IN NET POSITION | $ | 11,734,222 |
| Net position, beginning of year | 786,493,771 | |
| Net position, end of year | $ | 798,227,993 |
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Rhea F. Law, USF President
The growth and success of Tampa Bay is intrinsically linked with the growth and success of USF. There is so much potential, and the future is very bright.
Your Impact
USF leads the nation as the top producer of faculty Fulbright Scholars! Way to go Bulls!
USF is a member of the Association of American Universities, the most prestigious association in higher education.
U.S. News and World Report ranked USF Tampa as a Best College for Veterans (2023)
U.S. News & World Report ranks USF #45 among public universities (2023).
U.S. News & World Report ranks USF as the “best value” among all public universities in Florida (2023).
USF professors and students were awarded 314 patents over three years.
USF is home to approximately 50,000 students from 146 countries!
25% of USF students are first generation. Your support enables them to create a new cycle of education within their families.
You can find approximately 400,000 USF graduates worldwide.