2019 Expenses & Funding Sources

Supporting New York state’s diverse and important agricultural and food industries through research and extension requires resources in addition to expertise. Below is a listing of the expenses incurred while helping these industries as well as sources of funding provided to Cornell AgriTech to fulfill its mission.

Fiscal year 2019 expenses

Expenses incurred in the last year.
Expense Amount

Allocated costs for central University services 

$    5,396,100

Core salaries - academic

$    4,343,436

Core salaries - support staff & grad students

$    3,985,815

Operations and maintenance

 $    8,768,114

Contracted research

$  15,623,108

 Total expenses

$  38,116,573

Revenue sources

Sources of revenue used to cover expenses.
Revenue Sources Amount

Core budget
(IDC recovery, State appropriations, endowments and unrestricted funds)

$  16,523,502

Contracted research (see funding sources below)

$  15,623,108

Service and program income and gifts

 $   5,969,963

Total revenue sources 

$  38,116,573

Funding sources for contracted research

Sources of funding for our research.
Funding Source Amount

Endowments

$        620,966

Federal grants

$    9,289,868

Grower contracts

$    1,280,135

Industry/foundation G&C

$    1,623,556

State

$    2,808,583

 Total fund sources

$  15,623,108