GT Total Revenue

Total Revenues (In Millions of Dollars), Fiscal Years 2014 - 2016

Major Revenue Category FY 2014 FY 2015 FY 2016 % Change
FY 15 - FY 16
Note
State Appropriations $222.1 $227.2 $233.2 2.6%  
Student Tuition and Fees $287.2 $318.6 $353.6 11.0% a.
Gifts, Grants & Contracts $746.6 $850.8 $777.8 -8.6% b.
Sales, Services & Other $166.2 $166.8 $168.7 1.1%  
Total Institute Resources $1,422.1 $1,563.4 $1,533.3 -1.9%  
Note

  1. Tuition Increase.
  2. PY In-Kind Gift of $30 million for software licenses that ended. It was a three year gift.

Data Source: Audited Annual Financial Statements

Revenue FY 2014 FY 2015 FY 2016 % Change
FY 15 - FY 16
Note
Georgia Tech Foundation $309.0 $174.6 $31.4 -82% c.
Georgia Tech Athletic Association $80.9 $74.4 $65.1 -13% d.
Georgia Tech Research Corporation $613.8 $653.3 $666.0 2%  
Georgia Advanced Technology Venture, Inc. $18.5 $18.3 $35.5 94% e.
Georgia Tech Facilities, Inc. $15.5 $15.4 $14.7 -4%  
Georgia Tech Alumni Association $6.6 $6.9 $7.0 0%  
Total Affiliated Organization Revenue $1,044.3 $943.0 $819.6 -13%  

The above information is taken directly from each affiliate’s audited annual financial statements. Revenues and expenses may not necessarily reflect an affiliate’s operating budget due to required reporting adjustments.

Note

  1. GTF's decrease in revenues were attributed to:
    • Total gift income decreased $50 million.
    • Investment income was down $72M in FY16 due to a delcine in investment returns.
  2. GTAA's decrease in revenues from 74.4 to 63.7 were mainly attributed to the following:
    • Decrease in ACC revenue distributions of $5 million.
    • Decreased investment returns of $6 million due to decline in investment return rates
  3. GATV gain from the write-off of a building at TEP and associated decrease in expense for utilities, depreciation and interest expense.