Key facts

Reported value

USD 172.3 million

As of

FY2025 survey reporting period

Portfolio

Survey respondent endowment

Location

Hyde Park, NY

Data through FY2025

Balance reference

Endowment size and reporting scope

NACUBO places Culinary Institute of America in NY and reports USD 172.297 million in FY2025. The respondent's name defines the unit being compared across the survey columns. A campus, supporting foundation and investment pool can each publish financial information, and their totals can differ. Permanent gifts and board-designated resources also have different spending permissions. The balance therefore describes the reported assets at a date, with no assumption that all of them are available for general operations. Survey scope and definitions

Source: NACUBO · Data through FY2025

The FY2025 survey value for Culinary Institute of America is USD 172.297 million, compared with USD 155.381 million for FY2024. The USD 16.916 million movement is 10.89% of the earlier balance. It includes changes in investments as well as additions and distributions. NACUBO explicitly distinguishes this change in market value from an investment rate of return. FY2025 respondent values and definitions

The available history begins in FY2016 at USD 109.685 million and ends in FY2025 at USD 172.297 million. The change across those observations is USD 62.612 million. The smallest reported balance in the displayed series is USD 109.685 million in FY2016; the largest is USD 172.297 million in FY2025. NACUBO historical workbook

Spending policy and payout

The FY2025 NCSE $100M to $250M group reports an average effective spending rate of 4.9%. That is a survey-group statistic and is not assigned as Culinary Institute of America's policy. An institution's own spending rule can use several prior valuation dates, a prior-year dollar draw or additional adjustments. Its approved appropriation and the cash ultimately spent by a department can differ in timing. NCSE spending-rate table

For Culinary Institute of America, the FY2025 balance does not establish an approved payout. Distributions retain each fund's donor restrictions. Spending measures

Governance and investment office

The FY2025 respondent is Culinary Institute of America, located in Hyde Park, NY. NACUBO classifies it as a private university or college endowment. The survey does not identify a current investment-office head. Investment governance

Federal excise tax on investment income

Public Law 119-21 changed Section 4968 for tax years beginning after December 31, 2025. Applicable private institutions must have at least 3,000 tuition-paying students in the preceding tax year, with more than half located in the United States, and student-adjusted endowment of at least $500,000. The rates are 1.4% from $500,000 through $750,000 per student, 4% above $750,000 through $2 million, and 8% above $2 million. Enacted law, Section 70415

An institution's tax tier requires its statutory asset base, eligible student count and related-organization treatment. The survey's closing market value does not supply that calculation. No institution-specific rate is assigned without an institutional disclosure. A campus's enrollment in a public fact sheet can differ from the daily-average, full-time-equivalent count required by the law.

Annual support and federal tax measure different flows. A 5% spending rule, where an institution uses one, does not imply a 5% income-tax rate. The law's student-adjusted asset measure excludes assets used directly for exempt purposes and incorporates related-organization rules. Individual tax treatment follows that statutory calculation and the institution's own circumstances.

FY2025 size-band comparison

The FY2025 survey value of USD 172.297 million places this respondent in the $100M to $250M band. The published band contains 154 respondents and USD 24.5 billion of aggregate assets. Its average five-year annualized net return is 9.6%, and its ten-year average is 7.4%. The size band uses the FY2025 NACUBO balance. NCSE size groups NCSE average net returns

Source: NACUBO · Data through FY2025

The peer mix describes average reported exposures within one size band. It does not reveal individual securities or the availability of cash at a particular institution. Respondents can also use different policy benchmarks. NCSE returns are net of external management fees and expenses for periods ending June 30, 2025; those periods and fee labels govern any numerical return comparison on this page. NCSE allocation definitions

Public records and reporting dates

The ProPublica nonprofit API identifies the legal filer as Culinary Institute Of America, EIN 060653264. Its available filing for the year ended May 31, 2023 reports total filer assets of USD 519.621 million, revenue of USD 225.790 million, expenses of USD 209.604 million. These are filer-wide amounts, which can include buildings, operating resources and other assets outside the endowment. The filing period is retained separately from the current investment disclosures. ProPublica structured filing data

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