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Filing year 2023

UNIVERSITY OF CHICAGO

Chicago, Illinois·EIN 36-2177139·NTEE B430 · Education·3
Total revenue
$4.9B
Total assets
$15B
Total expenses
$5.2B
Reported officers
82
Mission

THE MISSION OF THE UNIVERSITY OF CHICAGO HAS BEEN TO SUSTAIN AT THE HIGHEST LEVEL OF EXCELLENCE, THE COMMUNICATION OF KNOWLEDGE, THE CREATION OF KNOWLEDGE AND THE FOSTERING OF A DYNAMIC COMMUNITY OF SCHOLARS AND STUDENTS.

Executive compensation, broken down

Form 990 · Schedule J · 31 reported individuals · Filing year 2023

Former President
former officer/director/trustee
$4.8M
$5.3M
Base
$594k
Bonus
$31k
Other
$4.1M
Benefits
$11k
Exec Vp, Med. Affairs
vice president
$3M
$3.3M
Base
$2.4M
Bonus
$495k
Other
$12k
Benefits
$38k
Professor Emeritus
highest compensated employee
$2.1M
$2.3M
Base
$507k
Bonus
$1.5M
Other
$25k
Benefits
$14k
Vice President and CIO
$2M
$2.2M
Base
$692k
Bonus
$1.2M
Other
$54k
Benefits
$38k
Professor
highest compensated employee
$1.9M
$2.1M
Base
$1.7M
Bonus
$215k
Other
Benefits
$22k
$1.9M
$2.1M
Base
$1.2M
Bonus
$581k
Other
$21k
Benefits
$22k
Professor of Surgery
highest compensated employee
$1.8M
$2M
Base
$1.5M
Bonus
$219k
Other
$20k
Benefits
$41k
Staff Scientist
highest compensated employee
$1.7M
$1.8M
Base
$457k
Bonus
Other
$1.1M
Benefits
$25k
CFO (until 10/1/23)
$1.6M
$1.8M
Base
$933k
Bonus
$114k
Other
$530k
Benefits
$37k
Asst Vp/mng Dir Pe
highest compensated employee
$1.5M
$1.7M
Base
$562k
Bonus
$890k
Other
Benefits
$25k
Professor
former officer/director/trustee
$1.5M
$1.6M
Base
$747k
Bonus
$632k
Other
Benefits
$68k
Dean Booth School of Business
key employee
$1.2M
$1.3M
Base
$925k
Bonus
$162k
Other
$23k
Benefits
$18k
VP & General Counsel
vice president
$1.1M
$1.2M
Base
$833k
Bonus
$63k
Other
$10k
Benefits
$181k
Professor
former officer/director/trustee
$1.1M
$1.2M
Base
$636k
Bonus
$125k
Other
$280k
Benefits
$29k
Interim Dean
key employee
$1.1M
$1.2M
Base
$860k
Bonus
$86k
Other
$11k
Benefits
$84k
Provost
officer (unspecified)
$1.1M
$1.2M
Base
$880k
Bonus
$63k
Other
$59k
Benefits
$25k
VP Enroll. & Student Adv.
vice president
$967k
$1.1M
Base
$833k
Bonus
$83k
Other
$10k
Benefits
$15k
VP for National Laboratories
vice president
$949k
$1.1M
Base
$709k
Bonus
$167k
Other
$8k
Benefits
$39k
VP Alumni Relations and Dev.
vice president
$755k
$837k
Base
$626k
Bonus
$59k
Other
$20k
Benefits
$24k
Associate Vice President
vice president
$699k
$775k
Base
$550k
Bonus
$121k
Other
Benefits
$2k
VP Communications
vice president
$637k
$706k
Base
$517k
Bonus
$42k
Other
$11k
Benefits
$42k
Vice President
vice president
$637k
$705k
Base
$461k
Bonus
$133k
Other
$4k
Benefits
$13k
VP & Secretary
vice president
$567k
$628k
Base
$476k
Bonus
$48k
Other
$2k
Benefits
$16k
Executive Vice President
executive vice president
$558k
$618k
Base
$420k
Bonus
$67k
Other
$4k
Benefits
$41k
Assi Vp, COO and Mg Dir
$539k
$597k
Base
$99k
Bonus
$436k
Other
Benefits
$2k
VP & Chief of Staff
vice president
$501k
$555k
Base
$412k
Bonus
$42k
Other
Benefits
$33k
VP Civic Engagement
vice president
$491k
$544k
Base
$444k
Bonus
$9k
Other
Benefits
$12k
Assoc VP Civic Engagement
vice president
$314k
$348k
Base
$210k
Bonus
$13k
Other
$52k
Benefits
$22k
Cfo/vp - Uc; Evp/cfo - Uc MED
officer (unspecified)
$234k
$259k
Chief Executive Officer - Crsp
$50k
$56k
Trustee (until May 2024)
board member
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 51 unpaid individuals.

Browse compensation in Education

Up 39%
from 2022

From $3.4M in 2022 to $4.8M in 2023.

$3.4M
2022
$4.8M
2023
In today's dollarsEst.
Up 34% in real terms$3.9M to $5.3M

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

UNIVERSITY OF CHICAGO reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.7B
$4.8B
2022
$4.9B
$5.2B
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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