Financial data offer insight into the ¾Ã²ÝÈȾòÝÊÓƵ’s fiscal health, funding sources and investment in academic and operational priorities. Reviewing annual financial statements, research funding indicators and business‑unit reports helps broaden understanding of how resources are managed across the UM System.
Research Funding Indicators
Research Funding Indicators
Research funding indicators reflect the ¾Ã²ÝÈȾòÝÊÓƵ’s participation in national research activity and its share of external funding. These measures help illustrate the UM System’s research footprint and contribution to innovation and discovery.
Market Share of Federal Expenditures for Research & Development (Archive, Excel)
Annual Financial & Audit Reports
Annual Financial & Audit Reports
Financial reports provide a transparent view of the ¾Ã²ÝÈȾòÝÊÓƵ’s financial position and federal compliance activities each fiscal year. Reviewing audited financial statements, business‑unit detail reports and single audit documentation helps broaden understanding of how resources are managed, how funds are allocated across campuses and how the UM System meets accountability requirements. For additional information on budget and student fee information, visit Accounting Operations & Planning.
Annual Financial Report: Audited, consolidated financial statements for the UM System, including management analysis, statements of net position, revenues and expenses, cash flows and detailed notes.
Detail Financial Report: Campus- and business unit-level financial detail that complements the consolidated annual reports, offering deeper insight into how resources are allocated and managed locally.
Single Audit Report: Federal compliance audit reports that summarize auditor conclusions, expenditures of federal awards and findings related to compliance with federal regulations.
Detail Financial Reports
Detail Financial Reports
- FY25 System Administration Detail Financial Report (Archive, PDF)
- FY24 System Administration Detail Financial Report (Archive, PDF)
- FY23 System Administration Detail Financial Report (Archive, PDF)
- FY22 System Administration Detail Financial Report (Archive, PDF)
- FY21 System Administration Detail Financial Report (Archive, PDF)
- FY25 ¾Ã²ÝÈȾòÝÊÓƵwide Resources Detail Financial Report (Archive, PDF)
- FY24 ¾Ã²ÝÈȾòÝÊÓƵwide Resources Detail Financial Report (Archive, PDF)
- FY23 ¾Ã²ÝÈȾòÝÊÓƵwide Resources Detail Financial Report (Archive, PDF)
- FY22 ¾Ã²ÝÈȾòÝÊÓƵwide Resources Detail Financial Report (Archive, PDF)
- FY21 ¾Ã²ÝÈȾòÝÊÓƵwide Resources Detail Financial Report (Archive, PDF)
- FY25 ¾Ã²ÝÈȾòÝÊÓƵ Bank Detail Financial Report (Archive, PDF)
- FY24 ¾Ã²ÝÈȾòÝÊÓƵ Bank Detail Financial Report (Archive, PDF)
- FY23 ¾Ã²ÝÈȾòÝÊÓƵ Bank Detail Financial Report (Archive, PDF)
- FY22 ¾Ã²ÝÈȾòÝÊÓƵ Bank Detail Financial Report (Archive, PDF)
- FY21 ¾Ã²ÝÈȾòÝÊÓƵ Bank Detail Financial Report (Archive, PDF)
State & Federal Reporting
State & Federal Reporting
The ¾Ã²ÝÈȾòÝÊÓƵ submits required institutional data to state and federal agencies to ensure accuracy, transparency and compliance. Review these reports to learn more about key areas such as enrollment, student success and completions, financial data, human resources and institutional characteristics used in accountability and public reporting.