CARNEGIE MELLON UNIVERSITY
CURRENT FUNDS REVENUES AND EXPENDITURES
FISCAL YEARS 1997 TO 2001
(Dollars in Millions)
		1996	1997	1998	1999	2000	2001
Operating Revenue and Support:
	Tuition and Fess, net of financial aid	$100	$109	$118	$132	$148	$158
	Sponsored Research	$165	$166	$170	$168	$175	$191
	Income on Investments and Cash Equivalents	$17	$20	$21	$19	$28	$35
	Contributions	$31	$17	$23	$24	$19	$11
	Educational Activities	$10	$15	$12	$9	$15	$21
	Auxiliary Services	$29	$29	$30	$30	$31	$29
	Other Sources	$17	$16	$14	$13	$18	$26
	Net Assets Released from Restrictions	$24	$24	$28	$33	$35	$30
TOTAL OPERATING REVENUES AND SUPPORT		$393	$396	$416	$428	$469	$502
Operating Expenses:
	Instruction and Departmental Research	$136	$143	$155	$167	$190	$214
	Sponsored Research	$133	$127	$139	$143	$147	$161
	Academic Support	$35	$37	$38	$39	$41	$43
	Student Services	$14	$16	$16	$19	$21	$25
	Administration and Institutional Support	$27	$25	$28	$29	$30	$30
	Auxilary Services and Activities	$30	$30	$30	$28	$30	$28
	Provision for the Present Value of Annuities	$0	($1)	$1	$1	$1	--
TOTAL OPERATING EXPENSES		$375	$377	$407	$426	$460	$500
Increase in Unrestricted Net Assets from Operations		$18	$19	$9	$2	$9	$2