UW total revenues have grown consistently, with the exception of 2008 and 2009. These two years were impacted by significant market declines in the value of investments. Unrealized losses in those years were recovered to a significant degree by 20111
The UW has a diversified revenue base. No single source generated more than 35% of the total fiscal year 2013 revenues of $5.4 billion. Grant revenues have increased significantly over the ten year period in total dollars, but average about 30% of total revenues. The growth in grants in 2010 and 2011 relate primarily to funding received by the UW related to the American Recovery and Reinvestment Act of 2009.
Patient service revenues and tuition revenues have increased as a percentage of total revenues as well as in absolute dollars, driven by growth in UW Medicine operations, and increasing tuition rates, respectively. The percentage of revenues from state support has declined precipitously over the last ten years, from a high of 15% of total revenues in 2003 to 5% of total revenues in 20132. "Other" includes unrealized gains and losses on investments, which have been rather volatile over the past several years.
1,2 Note: 2011 results include Northwest Hospital. 2012 and 2013 results include Northwest Hospital and Valley Medical Center.
A New and Improved Husky Stadium
In addition to improved experiences for both fan and athlete, the revenues the stadium is expected to generate should help the UW athletic department keep up with rivals in the ever-ballooning budgets of major college football programs. MORE>
posted: cover story
UW honored for quality, efficiency and service by national organization
The University of Washington was one of two universities that received national recognition for "best practices that have broad impact within the higher education community." MORE>
Saving Money & Time with Lean
In January 2010, Finance & Facilities began using Lean as a comprehensive approach in our transition to a new and sustainable academic business model. Lean engages staff to identify and solve problems. Their stories are compelling. MORE>
New Fund has $20M to Spur University Startups
The new W Fund will have $20 million of venture capital to help launch businesses based on innovations at the University of Washington and other local research institutions. MORE>