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Hebrew Union College - Jewish Institute of Religion
2005-2006
Annual Report
6
.
2
%
3
2
.
0
%
3
9
.
0
%
4
.
9
%
1
4
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%
3
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9
%
5
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%
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6
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4
%
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2
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7
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9
%
4
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1
7
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2
%
5
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5
%
Summary Financial Figures
*
Reform congregations, through the Union for
Reform Judaism’s proportional dues program
(
MUM), provide critically needed support each
year. HUC-JIR receives 44 percent of the MUM
dues; the remaining 56 percent goes to the URJ.
Condensed Statement of Financial Position
June 30
2006
2005
2004
Total Assets
$214,776,593
$213,451,037
$200,221,355
Total Liabilities
17,273,637
17,463,552
15,561,668
Total Net Assets
197,502,956
195,987,485
184,659,687
Total Liabilities & Net Assets
$214,776,593
$213,451,037
$200,221,355
Condensed Statement of Activities
Unrestricted
Temporarily
Permanently
Total
Restricted
Restricted
Total Operating Revenue,
Gains and Other Support
$37,119,316
$215,210
$3,313,724
$40,648,250
Total Operating Expenses
41,092,023
41,092,023
Nonoperating Revenue
3,805,431
(1,417,172)
(429,015 )
1,959,244
Change in Net Assets
(167,276 )
(1,201,962)
2,884,709
1,515,471
Net Assets, Beginning of Year
77,946,308
32,931,075
85,110,102
195,987,485
Net Assets, End of Year
$77,779,032
$31,729,113
$87,994,811 $197,502,956
HUC-JIR Revenue 2005-2006
MUM
*
32.0%
Fund Raising
39.0%
Investment
4.9%
Tuition (Gross)
14.0%
Contracted Services
3.9%
Other
6.2%
HUC-JIR Expenses 2005-2006
Instruction
36.4%
Academic Support
12.9%
Maintenance
7.9%
Development
4.1%
Institutional Support
17.9%
Student Stipends & Scholarships 10.2%
Depreciation
5.5%
Other
5.1%