The Governors of the University of Calgary is a 501(c)(3) organization, registered in 1969, with $1,241,307,601 in FY2023 revenue. CharityIndex grades it A, and it directs about 95% of spending to programs.
Revenue (FY2023)
$1.2B
▲ 6.8% vs prior year
Expenses (FY2023)
$1.2B
Net assets
$1.9B
Employees
0
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 The Governors of the University of Calgary: 95% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 The Governors of the University of Calgary: 19 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
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 The Governors of the University of Calgary: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
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 The Governors of the University of Calgary: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The university of calgary is a global intellectual hub located in canada's most enterprising city. in this spirited, high quality learning environment students will thrive in programs made rich by research, hands-on experiences and entrepreneurial thinking.
Sponsored research: the university conducts research activities to fulfill its mission to seek truth and disseminate knowledge. funded by grants and contracts from external sponsors, donations and endowment investment income.
Ancillary services: the university provides goods and services to the university community and to individuals, companies, and organizations external to the university.
Revenue grew from $1.1B (FY2020) to $1.2B (FY2023) across 3 reported years.
Financial snapshot
Operating margin
3.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0B
Total liabilities
$2.0B
Net assets
$1.9B
Salaries & benefits
$645.9M
54% of expenses
Board members
20
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,241,307,601▲6.8% | $1,202,345,360▲5.4% | $1,929,450,384▲26.9% | $3,963,829,372▲13.8% | 990 |
| 2022 | $1,161,857,706▲10.2% | $1,141,186,277▲7.5% | $1,519,886,277▲3.3% | $3,482,492,552▲1.3% | 990 |
| 2020 | $1,053,950,463 | $1,061,572,117 | $1,471,334,772 | $3,436,108,328 | 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.
Highest-paid: Henry I — $402,946 (0.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Henry I | President - Incumbent | 50 | $402,946 |
| John I | Professor | 50 | $341,219 |
| John II | Professor | 50 | $335,416 |
| John III | Associate Professor | 50 | $306,302 |
| John IV | Associate Professor | 50 | $305,661 |
| John V | Professor | 50 | $302,453 |
| Henry II | Provost and Vp Academic - Interium Incumbent | 50 | $279,350 |
| Henry IV | Vp Finance and Cfo - Incumbent | 50 | $262,917 |
| Henry III | Vp Advancement - Incumbent | 50 | $259,089 |
| Henry V | Vp Services - Incumbent | 50 | $251,810 |
| Henry VI | Vp Research - Incumbent | 50 | $227,341 |
| Contractor | Services | Paid |
|---|---|---|
| Ellisdon Construction Services Inc | Construction Management | $11,539,877 |
| Aramark Meal Plan Unicard Catertrax | Food Services | $8,038,519 |
| Stuart Olson Construction Ltd | Construction Management | $5,268,353 |
| Fiera Properties Limited Itf | Property Management | $3,893,348 |
| Microserve | It Services | $3,194,682 |
2 grants to The Governors of the University of Calgary totaling $87K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| President and Fellows of Harvard College | Sponsored research sub-award | 2021 | $86,400 |
| The Community Fdn of Middle Tn Inc | Education | 2020 | $800 |
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Data for The Governors of the University of Calgary (EIN 23-7067592) 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.