COLUMBIA COLLEGE CHICAGO
Mission Statement
Columbia College Chicago is an undergraduate and graduate institution whose principal commitment is to provide a comprehensive educational opportunity in the arts, communications, and public information within a context of enlightened liberal education. Columbia’s intent is to educate students who will communicate creatively and shape the public’s perceptions of issues and events and who will author the culture of their times. Columbia is an urban institution whose students reflect the economic, racial, cultural, and educational diversity of contemporary America. Columbia conducts education in close relationship to a vital urban reality and serves an important civic purpose by active engagement in the life and culture of the city of Chicago.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.7% | 87.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.7% | 10.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 1.3% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
885.4% | 4180.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.2 mo | 20.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.1% | 26.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.6% | 82.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
6.7% | 6.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.8% | 4.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
8.9% | 3.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $267.6M | $243.8M | $287.4M | 81.7% | 2539 |
| 2024 | $250.7M | $270.3M | $304.6M | 83.1% | 2836 |
| 2023 | $239.2M | $267.2M | $320.3M | 83.1% | 2870 |
| 2022 | $231.5M | $261.3M | $334.9M | 81.5% | 2719 |
| 2021 | $221.3M | $248.4M | $407.7M | 82.4% | 2760 |
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