University of Manitoba
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
95%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 95 cents are available for programs.
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Programs
About University of Manitoba:
Founded in 1877, the University of Manitoba was the first university established in western Canada. It is Manitoba’s only research-intensive university. The University’s Bannatyne campus is located in downtown Winnipeg and trains the doctors, nurses and other health care professionals while its main Fort Garry campus, which is located 20 minutes outside the city centre, has the university's four colleges, laboratories, administrative and service offices, recreation facilities, research agencies, libraries and residences.
In F2018, University of Manitoba welcomed 25,135 undergraduate students, and 3,753 graduate students. Out of all its students, 17% were international students from one of 123 different countries. The University employed 5,461 Academic staff and 3,951 support staff. The university offers more than 100 programs across its various faculties and reports that most of its departments offer graduate programs. University of Manitoba gives students the opportunity to study abroad in more than 35 countries around the world on exchange.
Through its research program, university of Manitoba has developed or partnered with 55 research centres, institutes, facilities and groups. In F2018, the university received $211.7m in research funding, the highest amount it has ever received. It holds allocations for 52 research chairs in natural sciences and engineering, social sciences and humanities, and health sciences. The university also has 29 research chairs created through endowments and sponsorships. In F2018, the university awarded 156 undergraduate research awards to students that allow them to be mentored full-time by a professor of their choice for a 16-week period during the summer.
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Results and Impact
Ci has chosen to highlight the following results:
University of Manitoba has had 99 of its students be awarded with the Rhodes Scholarship – more than any other university in Western Canada. The university has also had 26 of its doctoral students receive a Vanier Canada Graduate Scholarship in the 10 years since the award was created.
In 2014, one of the university’s research teams discovered Zmapp, a treatment for people infected with Ebola.
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Finances
University of Manitoba is a Major 100 charity, with donations of $114.7m in F2018. The university also received $170m in tuition and $535m in government funding. As the University did not explicitly report the expenses associated with ancillary services and sales of goods and services, the business activities presented below are gross values. The University’s administrative and fundraising costs are 5% of revenues (excluding investment income). For every dollar donated to the University, 95 cents go to its programs, falling within Ci’s reasonable range. University of Manitoba has net funding reserves of $991m including $473m in donor-endowed funds. Excluding donor-endowed funds, reserves can cover program costs for 9 months.
This charity report is an update that is being reviewed by University of Manitoba. Changes and edits may be forthcoming.
Updated on August 20, 2019 by Stefan Tetzlaff.
Financial Review
Fiscal year ending March
|
2018 | 2017 | 2016 |
---|---|---|---|
Administrative costs as % of revenues | 0.0% | 4.8% | 4.5% |
Fundraising costs as % of donations | 0.0% | 2.8% | 3.0% |
Fundraising & admin costs as % of revenues | 5.1% | 0.0% | 0.0% |
Total overhead spending | 5.1% | 5.1% | 4.9% |
Program cost coverage (%) | 76.6% | 44.7% | 27.6% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
---|---|---|---|
Donations | 114,707 | 118,490 | 111,023 |
Government funding | 535,272 | 507,761 | 509,780 |
Fees for service | 170,139 | 163,571 | 159,987 |
Business activities (net) | 73,568 | 73,084 | 71,490 |
Investment income | 61,223 | 56,939 | 58,037 |
Other income | 14,853 | 16,509 | 17,392 |
Total revenues | 969,762 | 936,354 | 927,709 |
Program costs | 699,024 | 680,960 | 678,674 |
Administrative costs | 0 | 41,815 | 38,946 |
Fundraising costs | 0 | 3,289 | 3,379 |
Fundraising & administrative costs | 46,562 | 0 | 0 |
Other costs | 13,611 | 19,074 | 19,062 |
Total spending | 759,197 | 745,138 | 740,061 |
Cash flow from operations | 210,565 | 191,216 | 187,648 |
Capital spending | 90,761 | 80,870 | 76,779 |
Funding reserves | 990,880 | 762,415 | 580,396 |
Note: Ci used the charity’s T3010 filing to allocate fundraising costs in F2017, and F2016. Ci removed these amounts from admin costs. This information was not available for F2018 and as such Ci is presenting a combined figure for admin and fundraising.
Salary Information
$350k + |
4 |
$300k - $350k |
6 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Charity Contact
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