University of Manitoba

66 Chancellors Circle
Winnipeg, MB R3T 2N2
President: David T. Barnard
Board Chair: Ted Bock

Charitable Reg. #:11926 0669 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 4/4]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 91 cents are available for programs.

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About University of Manitoba:

Founded in 1877, the University of Manitoba is the largest post-secondary educational institution in Manitoba. The University’s Bannatyne Campus has 10 buildings located in the center of Winnipeg. The Bannatyne Campus is the centre for medical, dental and health-related instruction and research. The University’s Fort Garry Campus has 60 major buildings over 280 hectares. The Fort Garry Campus includes the university's four colleges, laboratories, administrative and service offices, recreation facilities, research agencies, libraries and residences. 

In 2015, the University released Taking Our Place, its strategic plan for the next 5 years. The plan focuses on delivering an outstanding educational experience, furthering its research, developing Indigenous leaders, and engaging the community. University of Manitoba’s mission is “to create, preserve, communicate and apply knowledge, contributing to the cultural, social and economic well-being of the people of Manitoba, Canada and the world.”

In F2015, University of Manitoba had 25,298 undergraduate students and 3,719 graduate students. Of its students, 4,464 were international students and 2,168 were Indigenous students. In F2015, the University employed 6,295 academic staff, 4,553 support staff and 1,197 full-time faculty members. This results in a student to full-time faculty ratio of 24:1.

University of Manitoba reports that the University contributes $1.8 billion annually to the province’s economic activity. Further, it reports that the University attracts over 180,000 annual visitors to Manitoba, and supports over 20,000 local jobs. Finally, for every dollar spent, the University reports that it generates $1.85 for the Manitoba economy.

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University of Manitoba is a Major 100 charity, with donations of $82.4m in F2015. However, donations only made up 9.5% of total revenues in F2015. Government funding makes up 57% of revenues, at $492.3m in F2015. 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 costs are 4% of revenues and its fundraising costs are 4% of donations. As the administrative and fundraising costs were not explicitly reported in the audited financial statements, these values were taken from the charity’s T3010 filings. For every $1 donated to the University, 91 cents is put towards its programs, falling within Ci’s reasonable range. University of Manitoba’s funding reserves of $736.3m include $395.7m in donor-endowed funds. This means that, excluding donor-endowed funds, the University can cover 6 months of its annual programs using its existing reserves.

This charity report is an update that is being reviewed by University of Manitoba. Changes and edits may be forthcoming.

Updated on June 24, 2016 by Lynn Tay.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 4.3%5.7%5.3%
Fundraising costs as % of donations 4.4%5.4%4.1%
Program cost coverage (%) 110.1%100.1%89.3%

Summary Financial Statements

All figures in $000s
Donations 82,37964,56469,886
Government funding 492,280497,870487,674
Fees for service 148,768142,879133,012
Business activities (net) 69,27071,54270,853
Investment income 56,15150,19825,468
Other income 16,14623,7248,816
Total revenues 864,994850,777795,709
Program costs 668,509651,981627,362
Administrative costs 34,68945,51240,523
Fundraising costs 3,6263,4742,874
Other costs 18,68218,12017,572
Cash flow from operations 139,488131,690107,378
Funding reserves 736,321652,790559,955

Note: Ci has used the administrative and fundraising costs reported in the charity’s T3010 filing. Ci has adjusted amortization of capital assets affecting expenses by ($54.1m) in F2015, by ($52.5m) in F2014, and by ($51.6m) in F2013.

Salary Information

Full-time staff: 4,864

Avg. Compensation $82,214

Top 10 staff salary range

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2015

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