Mount Allison University
501(c)(3)
88% goes to programs $8 to raise $100 Strong reserves
Mount Allison University is a 501(c)(3) organization, registered in 1979, with $68,850,017 in FY2024 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
Sackville New Brunswick E4l 1e4, Canada, 00000 EIN 98-0033473 Since 1979
Revenue (FY2024)
$68.9M
▼ 12.8% vs prior year
Expenses (FY2024)
$66.6M
Net assets
$234.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mount Allison University: 88% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating42 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mount Allison University: 42 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mount Allison University: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mount Allison University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provides rigorous liberal education primarily to undergraduate students in a co-educational environment. provides scholarships, bursaries, and awards to students. www.mta.ca
What they do
Commissions, rebates, book sales, retail sales, sales of goods/surplus of furniture and equipment, event tickets, conference revenue, it support/consultation.
Contact & location
- Address
- Sackville New Brunswick E4l 1e4, Canada, 00000
- City
- —
- State
- —
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
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Financial trends
Revenue declined from $71.2M (FY2020) to $68.9M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $107.8MNet assets $234.2M
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$342.1M
Total liabilities
$107.8M
Net assets
$234.2M
Salaries & benefits
$38.3M
58% of expenses
Board members
28
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $68,850,017▼12.8% | $66,598,539▲3.2% | $234,238,205▲3.7% | $342,054,155▲5.0% | 990 |
| 2023 | $78,996,621▼9.7% | $64,521,427▲1.3% | $225,905,487▲4.1% | $325,778,592▲9.1% | 990 |
| 2022 | $87,487,465▲32.3% | $63,713,471▲1.2% | $217,039,190▼3.5% | $298,644,680▼0.7% | 990 |
| 2021 | $66,105,843▼7.1% | $62,928,621▲12.6% | $224,800,571▼2.7% | $300,806,982▼2.5% | 990 |
| 2020 | $71,170,704 | $55,883,967 | $231,012,716 | $308,651,920 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Sutherland Ian — $196,083 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sutherland Ian | President and Vice-chancellor | 0 | $196,083 |
| Inglis Robert | Vp of Finance and Admin | 0 | $151,280 |
| Pringle-carver | Vp, University Advancement | 0 | $140,242 |
| Rogosin David | Associate Professor | 0 | $130,287 |
| White Brent | Associate Professor | 0 | $127,542 |
| Polegato Rosemary | Professor | 0 | $127,094 |
| Ricker Laurie | Professor | 0 | $127,094 |
| Wilson Andrew | Regent and Full-time Faculty | 0 | $118,941 |
| St-pierre Vicky | Provost&vp Academic & Research | 0 | $96,140 |
| Lloyd Vett | Regent and Full-time Faculty | 0 | $95,166 |
| Milner Chris | Budget Director | 0 | $90,020 |
| Roy Guylaine | Controller | 0 | $88,463 |
| Mackinnon Robert | President and Vice-chancellor | 0 | $36,200 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pomerleau Inc | Construction&enginee | $5,077,221 |
| Compass Group Canada | Food Service | $3,866,752 |
| Lat49 Architecture Inc | Construction | $1,168,710 |
| Exp Architects Inc | Professional Archite | $820,319 |
| Acadian Construction Ltd | Construction | $665,389 |
Frequently asked questions
- Is Mount Allison University a legitimate nonprofit?
- Yes. Mount Allison University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-0033473.
- What is Mount Allison University's EIN?
- Mount Allison University's Employer Identification Number (EIN) is 98-0033473.
- How much revenue does Mount Allison University report?
- Mount Allison University reported $68,850,017 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mount Allison University's spending goes to programs?
- Mount Allison University spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mount Allison University have?
- CharityIndex grades Mount Allison University A, based on program efficiency and fundraising cost.
- How much does Mount Allison University's highest-paid employee make?
- The highest reported compensation on Mount Allison University's latest Form 990 is $196,083, paid to Sutherland Ian (President and Vice-chancellor).
Explore more
Data for Mount Allison University (EIN 98-0033473) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.