april 13, 2012

BUDGET BREAKDOWN
7%

The Pioneer Log Features

11

Compiled by Micah Leinbach and Maya McOmie Follow the Money, the addage goes, and here we are! is is a sample of information that is publically available, and provides a good background on the budget information of both the the College of Arts and Sciences speci cally and whole institution of Lewis & Clark. For your bene t, we draw out some of the major information and interesting points, but we encourage you to dig in further! CAS total school expenses Students pay for 84% of CAS Annual Revenues (student payments in white) the schools revenue through Alumni/Development Bookstore 4% 0% Salary & Fringe Pool Miscellaneous tuition, fees, residence halls 1% 0% and food service. Food Services Admissions
Media Services 1% 4%
Residence Halls 9%

Endowment Spending: Supplemental 3%

School Administra(on 4% Student Government 0% Student Ac(vi(es 1%

Physical Educa(on/ Athle(cs 7%

Endowment spending: Base 9%

Health Center 3% Counseling Center 1%

Instruc(on 49% Student Services 6%

Gi7s 2% Grants 0% Fees 2%

Net Tui(on Revenue 67%

Library 8% Overseas & O- Campus Programs 12%

Total revenues: $ 68,931,769

Total expenses: $ 56,654,302

Detailed information can be found at

e O ce of Business and Finance website.

Ins$tu$onal Revenues
Contracts and exchange transac$ons 0% Contribu$ons 4% Sales and services of auxiliary enterprises 10% Other revenue 2% Other investment income 0% Investment earnings, distributed Contracts and other 7% exchange transac$ons 2%

Source: https://webdisk.lclark.edu/fbac/ Information taken from the revised data for the 2010-2011 Academic Year.

Investment earnings, neat of amounts distributed 18%

Change in value of split interest agreements 0% Auxiliary enterprises 12%

Ins$tu$onal Expenses

Loss on disposal of assets 1%

Loss on interest rate swaps related to bonds 0%

Tui$on and Fees minus scholarships and fellowships 56%

Ins(tu(onal support 20%

Instruc(on 43%

Contribu$ons 1%

Total revenues: $ 141,005,138

Student services 9% Academic Support 11%

Total expenses: $ 114,540,278

Public Service 1% Research 3%

Notable Institutional Assets

Institutional refers to all of Lewis & Clark as an institution: this includes not only the College of Arts and Sciences but the Law School, the Graduate School of Education & Counseling, and any resources in common to the three schools (also called auxiliaries).

Sources: Audited Financial Statement for 2010-11 (found on O ce of Business and Finance website).

ar

In terms of sheer sums, these are some of the largest assets the college has: its cash, the investments it has, and all of its property - land as well as other properties. Investments are spread out through a range of ways, and anyone can look up that information on the Audited Financial Statements available at the O ce of Business and Finance website.

Cash and equivalents Investments Property, plant, and equipment, net

$11,709,371.00 $224,272,898.00 $163,425,990.00

3% 54% 39%

Endowment and tuition in comparison to other colleges

90% 80%

70%

32%

Top salaries in 2010

All salary data is taken from Form 990, a publically available tax form. Any college must make their 990 publically available. To compare to other colleges go to their business website.
Name and title Reportable Compensation from the organization Estimated amount of other compensation from the organization and related organizations $ 279,204 $ 36,922 $ 7,756** $ 33,477 $ 36,608 $ 32,076 $ 31,238 $ 29,190 $ 29,498 $ 26,148 $ 31,238

60%

50%

74% 70% 59%

52% 57% 30% 51%

40%

30%

20%

10%

Gregory A. Volk VP for Institutional Advancement Barry Glassner President Jane M. Atkinson VP and Provost/Trustee Robert K. Klonoff Dean of the Law School/Professor Carl B. Vance VP for Buisness & Finance/Treasurer Julio C. De Paula Dean of C.A.S./Tenured Professor William F. Funk Professor of Law Edward J/ Brunet Henry J. Casey Professor of Law Brian A. Blum Professor of Law Julio C. De Paula Dean of C.A.S./Tenured Professor

0%

3% University of Portland

9% Lewis & Clark College

11%

16%

20%

24%

$ 271,364* $ 256,160 $ 237,024 $ 210,676 $ 199,493 $ 196,904 $ 196,685 $ 194,988 $ 199,493

University WillameFe of Puget University Sound Endowment

Reed College TuiKon

Whitman College

Pomona College

Source: George Battistel Budget Presentation to Administrative Assembly (found online)

Alumni giving in the past 10 years, compared to peer institutions*

tion rate has been lower compared to the average of their peers in the last ten years. Peer institutions are other schools that Lewis & Clark chose to compare itself to based on their similarity in terms of size, nancial situation, mission, or other factors. All information given in averages. Source: Greg Volks 2008 Administrative Assembly report, as found online For color graphs, visit www.piolog.com

Lewis & Clark Peers Total Gift Income $ 11 million $ 16.9 million Alumni Giving $ 1.9 million $ 9.7 million Alumni Participation 25 % 34 % Shown above: Lewis & Clarks total gift income, alumni giving rate and alumni participa-

*estimated amount based on partial salary of 2010 year assessed by Piolog **not full year amount (Barry Glassner came to LC in October 2010)