2013 FINANCIALS
DEDICATED TO ELEVATING
THE DEBATE ON SOCIAL
AND ECONOMIC POLICY
For nearly five decades, Urban
Institute scholars have conducted
research and offered evidencebased solutions that improve
lives and strengthen communities
across a rapidly urbanizing world.
Our scholars’ objective research
helps expand opportunities for all,
reduce hardship among the most
vulnerable, and strengthen the
effectiveness of the public sector.
OUR FUNDING
Urban Institute receives funding
from all levels of government
to conduct research, evaluate
programs, and offer technical assistance. We also receive funding from
individuals, foundations, nonprofits,
universities, and corporations that
support our research, evidencebased policy development, outreach
and engagement, and general
operating activities.
Sources of Funding
ederal government
■ F
rivate foundations
■ P
3%
4%
3%
1%
4%
■ Nonprofits
& universities
orporations & corporate foundations
■ C
tate & local governments
■ S
rban Institute endowment support
■ U
54%
30%
■ International
organizations
& foreign entities
■ Individuals
Program Expenses
etropolitan Housing and Communities
■ M
1.6%
1.0%
.5%
ealth Policy Center
■ H
abor, Human Services, and Population
■ L
5.7%
■ J ustice Policy Center
■ Intl. Development and Governance
■ Income and Benefits Policy Center
ax Policy Center
■ T
enter on Nonprofits and Philanthropy
■ C
ousing Finance Policy Center
■ H
tatistical Methods Group
■ S
4.8%
21.8%
7.4%
8.0%
21.0%
10.7%
17.4%
xecutive Office Research
■ E
SUPPORT URBAN
Our donors play a critical role in advancing evidence-based solutions. We encourage general support, which
enables us to expand our work and quickly respond to emerging challenges. We also welcome contributions that
may be directed to program areas. To make a secure online donation, please visit www.urban.org/support or
contact Carrie Kolasky, Vice President for Development, at ckolasky@urban.org.
OUR MISSION
To open minds, shape decisions, and offer solutions through
economic and social policy research
2013 Activities
2013 Assets and Liabilities
OPERATING REVENUES
Contract amounts earned
Program and project grants
General support grants and contributions
Publication income
Investment return designated for operations
Interest and other income
ASSETS
$42,639,798
31,871,678
689,007
74,588
2,145,632
491,854
77,912,557
TOTAL OPERATING REVENUES
$77,912,557
Cash and cash equivalents
Endowment-related cash and cash equivalents
Accounts receivable, net
Contributions receivable, net
Prepaid expenses
Property and equipment, net
Other assets
Long-term investments
TOTAL ASSETS
$6,321,833
8,992,143
17,973,943
8,616,262
492,581
2,810,512
113,652
114,889,642
$160,210,568
OPERATING EXPENSES
LIABILITIES
Research expenses
Incurred under contracts
Incurred under grants
Incurred for other research
Total program costs
Development
Publication and public affairs costs
Other costs
TOTAL OPERATING EXPENSES
Change in net assets from operations
$40,586,847
26,421,559
7,076,546
74,084,952
390,620
Accounts payable
Accrued payroll
Accrued paid time off
Other accrued expenses
Deferred revenue
1,186,450
Deferred rent
1,706,265
TOTAL LIABILITIES
$77,368,287
544,270
Unrestricted
Interest and dividends, net
$1,919,693
Permanently restricted
Gain on long-term investments, net
13,611,734
TOTAL NET ASSETS
Investment income allocation
(2,145,632)
TOTAL LIABILITIES AND NET ASSETS
Contributions received
TOTAL NON-OPERATING ACTIVITIES
CHANGE IN NET ASSETS
NET ASSETS AT BEGINNING OF YEAR
NET ASSETS AT END OF YEAR
654,983
1,989,439
132,484
13,997,949
4,292,736
$26,401,055
NET ASSETS
Temporarily restricted
NON-OPERATING ACTIVITIES
$5,333,464
121,129,698
11,679,815
1,000,000
133,809,513
$160,210,568
8,914
$13,394,709
13,938,979
119,870,534
$133,809,513
The Urban Institute is a nonprofit policy research organization. It has been incorporated and is operated as a public charity.
It has received official IRS recognition of its tax-exempt status under section 501(c)(3) of the Internal Revenue Code. The Institute’s
federal ID number is 52-0880375. Donations will be tax deductible and may be disclosed to the IRS and the public, unless
given anonymously. We are committed to transparent accounting of the resources we receive. In addition to required tax
filings, a copy of the Urban Institute’s audited financial statement is available to anyone who requests it.