Money · Tax filings
Duke University
NIL & revenue sharing · Coach pay & buyouts · Media rights & conference revenue · Deficits, subsidies & debt · Donors & endowments · Private schools · Revenue sharing tracker · Known NIL deals · Tax filings (990s) · Sources
- Type
- Private universities
- School / group
- Duke University
- EIN
- 560532129
- Location
- Durham, NC
- IRS ruling date
- 1939-06-01
- Filings on record
- 25 (June 2001 to June 2025); 15 with extracted financials
- All filings
- [ProPublica Nonprofit Explorer]
- Connection to the school
- Official university-affiliated entity named in its own filings
Finances by year
Form 990 Part I, nominal dollars. Grants paid = Part I line 13. Click a column to sort.
| Fiscal year ending | Form | Revenue | Expenses | Net | Contributions | Grants paid | Officer & key-employee pay | Net assets | Source |
|---|---|---|---|---|---|---|---|---|---|
| June 2025 | 990 | $4.75B | $4.35B | $404.3M | $1.98B | $518.3M | $21.1M | $17.52B | [filing] [Part I] |
| June 2024 | 990 | $4.48B | $4.14B | $335.8M | $1.97B | $470.0M | $21.1M | $16.58B | [filing] [Part I] |
| June 2023 | 990 | $3.75B | $3.84B | -$93.1M | $1.96B | $438.2M | $23.7M | $15.77B | [filing] [Part I] |
| June 2022 | 990 | $4.60B | $3.62B | $980.1M | $1.74B | $431.7M | $22.9M | $16.15B | [filing] [Part I] |
| June 2021 | 990 | $4.70B | $3.27B | $1.43B | $1.64B | $397.9M | $20.5M | $16.55B | [filing] [Part I] |
| June 2020 | 990 | $3.19B | $3.41B | -$218.1M | $1.57B | $410.8M | $18.7M | $10.88B | [filing] [Part I] |
| June 2019 | 990 | $3.30B | $3.35B | -$52.0M | $1.48B | $394.1M | $17.9M | $11.48B | [filing] [Part I] |
| June 2018 | 990 | $3.38B | $3.21B | $173.1M | $1.48B | $368.9M | $20.9M | $11.38B | [filing] [Part I] |
| June 2017 | 990 | $3.15B | $3.02B | $134.9M | $1.51B | $338.4M | $17.7M | $10.49B | [filing] [Part I] |
| June 2016 | 990 | $2.79B | $2.86B | -$76.6M | $1.40B | $322.1M | $13.7M | $9.59B | [filing] [Part I] |
| June 2015 | 990 | $3.04B | $2.75B | $288.9M | $1.43B | $311.6M | $11.9M | $9.81B | [filing] [Part I] |
| June 2014 | 990 | $3.06B | $2.66B | $403.7M | $1.35B | $299.4M | $14.5M | $10.67B | [filing] [Part I] |
| June 2013 | 990 | $2.97B | $2.57B | $402.6M | $1.43B | $289.8M | $12.5M | $9.16B | [filing] [Part I] |
| June 2012 | 990 | $2.40B | $2.50B | -$99.6M | $1.27B | — | $11.5M | $7.93B | [filing] |
| June 2011 | 990 | $2.71B | $2.51B | $193.0M | $1.30B | — | $10.8M | $8.16B | [filing] |
| June 2010 | PDF only; no extracted financial data | [filing] | |||||||
| June 2009 | PDF only; no extracted financial data | [filing] | |||||||
| June 2008 | PDF only; no extracted financial data | [filing] | |||||||
| June 2007 | PDF only; no extracted financial data | [filing] | |||||||
| June 2006 | PDF only; no extracted financial data | [filing] | |||||||
| June 2005 | PDF only; no extracted financial data | [filing] | |||||||
| June 2004 | PDF only; no extracted financial data | [filing] | |||||||
| June 2003 | PDF only; no extracted financial data | [filing] | |||||||
| June 2002 | PDF only; no extracted financial data | [filing] | |||||||
| June 2001 | PDF only; no extracted financial data | [filing] | |||||||
Athletics pay (Schedule J)
Coaches and athletics administrators listed on the university's Schedule J, by year, in dollars as filed. Schedule J lists only employees above the IRS reporting threshold who are among the highest paid, so “not listed” does not mean unpaid. Totals include deferred and nontaxable items, so they can differ from contract figures.
June 2025 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MANUEL DIAZ | COACH | $4,119,975 | $28,999 | $23,000 | $42,072 | $77,163 | $4,291,209 |
| JONATHAN SCHEYER | COACH | $1,588,533 | $1,150,000 | $25,646 | $42,072 | $26,206 | $2,832,457 |
June 2024 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL ELKO | COACH | $3,432,992 | $350,000 | $33,750 | $40,376 | $42,529 | $3,899,647 |
| JONATHAN SCHEYER | COACH | $1,264,107 | $1,025,000 | $30,785 | $40,376 | $23,501 | $2,383,769 |
June 2023 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $2,374,075 | $5,921,320 | $69,257 | $608,831 | $17,431 | $8,990,914 |
| DAVID N CUTCLIFFE | COACH | $0 | $0 | $4,334,560 | $30,669 | $3,620 | $4,368,849 |
| MICHAEL ELKO | COACH | $3,529,328 | $301,020 | $12,864 | $37,164 | $43,121 | $3,923,497 |
| JONATHAN SCHEYER | COACH | $859,764 | $793,498 | $12,124 | $37,164 | $8,564 | $1,711,114 |
June 2022 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $3,470,119 | $1,275,000 | $1,664,872 | $985,599 | $33,734 | $7,429,324 |
| DAVID N CUTCLIFFE | COACH | $2,487,706 | $400,000 | $19,500 | $35,296 | $82,442 | $3,024,944 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $926,645 | $5,000 | $419,500 | $35,296 | $17,964 | $1,404,405 |
June 2021 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $3,271,438 | $2,000,000 | $7,235,902 | $1,133,192 | $32,022 | $13,672,554 |
| DAVID N CUTCLIFFE | COACH | $2,388,810 | $400,000 | $20,825 | $34,741 | $100,146 | $2,944,522 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $1,280,638 | $0 | $51,002 | $101,407 | $18,754 | $1,451,801 |
June 2020 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $3,271,362 | $1,375,000 | $1,684,734 | $991,388 | $31,012 | $7,353,496 |
| DAVID N CUTCLIFFE | COACH | $2,420,122 | $400,000 | $28,115 | $34,176 | $74,588 | $2,957,001 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $1,301,771 | $1,000,000 | $32,250 | $100,842 | $18,421 | $2,453,284 |
| JOANNE MCCALLIE | COACH | $1,244,913 | $75,000 | $27,750 | $34,176 | $63,168 | $1,445,007 |
June 2019 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $3,072,227 | $2,985,000 | $71,305 | $886,136 | $29,553 | $7,044,221 |
| DAVID N CUTCLIFFE | COACH | $2,319,720 | $350,250 | $28,876 | $33,548 | $52,375 | $2,784,769 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $1,238,953 | $0 | $31,375 | $350,215 | $17,948 | $1,638,491 |
| JOANNE MCCALLIE | COACH | $1,195,585 | $75,000 | $26,750 | $33,548 | $35,295 | $1,366,178 |
June 2018 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $2,873,128 | $2,985,000 | $69,872 | $1,300,942 | $27,982 | $7,256,924 |
| DAVID N CUTCLIFFE | COACH | $2,220,655 | $350,000 | $34,887 | $32,980 | $30,823 | $2,669,345 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $1,178,695 | $0 | $31,750 | $349,647 | $17,454 | $1,577,546 |
| JOANNE MCCALLIE | COACH | $1,146,391 | $75,000 | $29,325 | $32,980 | $21,239 | $1,304,935 |
June 2017 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $2,673,733 | $1,375,000 | $1,675,116 | $1,299,814 | $24,543 | $7,048,206 |
| DAVID N CUTCLIFFE | COACH | $2,121,341 | $325,484 | $33,900 | $32,411 | $27,792 | $2,540,928 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $1,109,411 | $0 | $26,506 | $349,078 | $24,345 | $1,509,340 |
| JOANNE MCCALLIE | COACH | $1,051,062 | $228,000 | $26,250 | $32,411 | $15,055 | $1,352,778 |
June 2016 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $2,674,238 | $1,975,000 | $2,776,609 | $1,532,650 | $23,828 | $8,982,325 |
| DAVID N CUTCLIFFE | COACH | $2,071,854 | $450,000 | $32,539 | $32,443 | $26,802 | $2,613,638 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $1,049,038 | $0 | $29,279 | $349,110 | $24,158 | $1,451,585 |
| JOANNE MCCALLIE | COACH | $976,474 | $81,000 | $27,750 | $32,443 | $39,523 | $1,157,190 |
June 2015 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| DAVID N CUTCLIFFE | COACH | $1,890,343 | $0 | — | $20,612 | $0 | — |
| MICHAEL W KRZYZEWSKI | COACH | $1,975,190 | $0 | — | $646,411 | $0 | — |
| JOANNE MCCALLIE | COACH | $974,751 | $0 | — | $26,875 | $0 | — |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $952,095 | $0 | — | $28,655 | $0 | — |
June 2014 [Schedule J]
| Name (as filed) | Title (as filed) | Base | Bonus | Other reportable | Retirement / deferred | Nontaxable benefits | Total |
|---|---|---|---|---|---|---|---|
| MICHAEL W KRZYZEWSKI | COACH | $1,975,621 | $1,008,000 | $3,037,356 | $1,256,125 | $22,564 | $7,299,666 |
| DAVID N CUTCLIFFE | COACH | $1,490,783 | $475,201 | $26,701 | $31,276 | $25,094 | $2,049,055 |
| JOANNE MCCALLIE | COACH | $761,143 | $156,000 | $26,125 | $31,276 | $23,970 | $998,514 |
| KEVIN M WHITE | VP & DIRECTOR OF ATHLETICS | $863,504 | $0 | $32,596 | $31,276 | $22,906 | $950,282 |
June 2013: Older Schedule J layout could not be parsed reliably; read the linked schedule directly [filing]
Top-paid people by year (Part VII)
Up to five highest-paid officers, directors, key employees and highest-compensated employees per year. Total = reportable pay from the organization + from related organizations + estimated other compensation, as filed.
| Fiscal year ending | Name and title (as filed) | Total pay | Source |
|---|---|---|---|
| June 2025 | Neal F Triplett (Chief Investment Officer) Manuel Diaz (Coach) Jonathan Cook Md (Physician) Jennifer Francis (Professor) Jonathan Scheyer (Coach) | $5.01M $4.29M $3.38M (incl. $3.10M related) $2.99M $2.83M | [filing] |
| June 2024 | Neal F Triplett (Chief Investment Officer) Michael Elko (Coach) A Eugene Washington Md (Chancellor Emeritus For Health Affairs) Jonathan Scheyer (Coach) Justin B Nixon (Investment Manager) | $4.70M $3.90M $3.20M $2.38M $1.97M | [filing] |
| June 2023 | Michael W Krzyzewski (Coach) David N Cutcliffe (Coach) Neal F Triplett (Chief Investment Officer) Michael Elko (Coach) A Eugene Washington Md (Chancellor Health Affairs) | $8.98M $4.37M $4.29M $3.92M $3.19M | [filing] |
| June 2022 | Michael W Krzyzewski (Coach) David N Cutcliffe (Coach) Neal F Triplett (Chief Investment Officer) A Eugene Washington Md (Chancellor Health Affairs) Vincent E Price (President/trustee) | $7.43M $3.02M $2.96M $2.73M $2.01M | [filing] |
| June 2021 | Michael W Krzyzewski (Coach) Neal F Triplett (Chief Investment Officer) David N Cutcliffe (Coach) A Eugene Washington Md (Chancellor Health Affairs) Christopher Plowe (Director, Global Health Institute) | $13.67M $3.43M $2.94M $2.04M $1.55M | [filing] |
| June 2020 | Michael W Krzyzewski (Coach) Neal Triplett (Chief Investment Officer) David N Cutcliffe (Coach) A Eugene Washington Md (Chancellor Health Affairs) Kevin M White (Vp & Director Of Athletics) | $7.35M $3.11M $2.95M $2.70M $2.45M | [filing] |
| June 2019 | Michael W Krzyzewski (Coach) Neal F Triplett (Chief Investment Officer) David N Cutcliffe (Coach) A Eugene Washington Md (Chancellor Health Affairs) Kevin M White (Vp & Director Of Athletics) | $7.04M $3.32M $2.78M $2.76M $1.63M | [filing] |
| June 2018 | Michael W Krzyzewski (Coach) Neal F Triplett (Chief Investment Officer) David N Cutcliffe (Coach) A Eugene Washington Md (Chancellor Health Affairs) Richard H Brodhead (Faculty/former President) | $7.25M $3.92M $2.66M $2.53M $1.33M | [filing] |
| June 2017 | Michael W Krzyzewski (Coach) Neal F Triplett (Chief Investment Officer) David N Cutcliffe (Coach) A Eugene Washington Md (Chancellor Health Affairs) Alice Gould (Investment Manager) | $7.04M $3.89M $2.54M $2.23M $1.45M | [filing] |
| June 2016 | Michael W Krzyzewski (Coach) Neal F Triplett (Chief Investment Officer) David N Cutcliffe (Coach) Alice E Gould (Investment Manager) Richard H Brodhead (Trustee/president) | $8.98M $3.57M $2.61M $1.53M $1.40M | [filing] |
| June 2015 | Victor J Dzau (Former Officer) Michael W Krzyzewski (Coach) Neal Triplett (Chief Investment Officer) David N Cutcliffe (Coach) Richard H Brodhead (Trustee/president) | $8.04M $5.54M $3.19M $2.31M $1.33M | [filing] |
| June 2014 | Michael W Krzyzewski (Coach) Neal Triplett (Chief Investment Officer) Victor J Dzau (Chancellor Health Affairs) David N Cutcliffe (Coach) Richard H Brodhead (Trustee/president) | $7.29M $2.87M $2.77M $2.04M $1.29M | [filing] |