1.5 Operating versus Non-Operating
(Last Modified on February 25, 2016)
Revenues are reported in the Statement of Revenues, Expenses, and Changes in Net Assets and are classified as either operating or non-operating.
Operating revenues are those derived from exchange transactions and include:
- Tuition and Fees (Net of Sponsored and Unsponsored Scholarships)
- Federal Appropriations, Grants and Contracts
- Gifts
- Sales and Services of Educational Activities
- Sales and Services of Auxiliary Enterprises
- Sales and Services of Hospitals
- Other Operating Sources
Non-operating revenues are those derived from non-exchange transactions, or those that are not reported as operating activities in the Statement of Cash Flows. Non-operating revenues include:
- State Appropriations
- Grants and Contracts (including Pell)
- Gifts
- Investment Income
- Other Non-Operating Revenues