{"id":1937,"date":"2024-04-09T14:11:50","date_gmt":"2024-04-09T21:11:50","guid":{"rendered":"https:\/\/www.hmc.edu\/annual-report\/?page_id=1937"},"modified":"2024-04-22T13:21:53","modified_gmt":"2024-04-22T20:21:53","slug":"financial-review","status":"publish","type":"page","link":"https:\/\/www.hmc.edu\/annual-report\/2020-2021\/financial-review\/","title":{"rendered":"Financial Review (2020\u20132021)"},"content":{"rendered":"\n

As noted in the financial charts listed below, the College\u2019s financial position remains strong despite the challenges caused by the COVID-19 pandemic. The College experienced a successful return to campus and was able to navigate the ever-changing COVID-19 environment. Additionally, the College ended the year with positive operating results. We believe that the College\u2019s strong financial position will continue to support the College\u2019s mission for years to come.<\/p>\n\n\n\n

Endowment Market Value<\/h2>\n\n\n\n

(In thousands)<\/p>\n\n\n\n

\"Description<\/a><\/figure>\n\n\n\n
\n
\n

$444 Million<\/h2>\n\n\n\n

JUNE 30, 2021<\/p>\n<\/div>\n\n\n\n

\n

2020\u20132021 Audited Financial Statements<\/span><\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n

Statement of Activities<\/h2>\n\n\n\n

Revenue<\/h3>\n\n\n\n
\n
\"\"<\/figure>\n\n\n\n
    \n
  • Net student revenues, 51%<\/li>\n\n\n\n
  • Endowment payout, 23.5%<\/li>\n\n\n\n
  • Private gifts and grants, 15.6%<\/li>\n\n\n\n
  • Federal grants, 6.9%<\/li>\n\n\n\n
  • Private contracts, 2.4%<\/li>\n\n\n\n
  • Other revenue, 0.6%<\/li>\n<\/ul>\n<\/div>\n\n\n\n

    Expenses<\/h2>\n\n\n\n
    \n
    \"\"<\/figure>\n\n\n\n
      \n
    • Instruction, 44.8%<\/li>\n\n\n\n
    • Institutional support, 16%<\/li>\n\n\n\n
    • Auxiliary enterprises, 10.9%<\/li>\n\n\n\n
    • Student services, 12.8%<\/li>\n\n\n\n
    • Research, 4.9%<\/li>\n\n\n\n
    • Academic support, 9.4%<\/li>\n\n\n\n
    • Public service, 1.1%<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

      As noted in the financial charts listed below, the College\u2019s financial position remains strong despite the challenges caused by the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1933,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1937","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages\/1937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/comments?post=1937"}],"version-history":[{"count":11,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages\/1937\/revisions"}],"predecessor-version":[{"id":2048,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages\/1937\/revisions\/2048"}],"up":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages\/1933"}],"wp:attachment":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/media?parent=1937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}