University of Saskatchewan

501-121 Research Drive
Saskatoon, SK S7N 1K2
President: Ilene Busch-Vishniac
Board Chair: Susan Milburn

Website: www.usask.ca
Charitable Reg. #: 11927 9313 RR0001
Sector: Education - University
Public Foundation

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

Grade: A

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

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Full-time staff #7,469

Avg. Compensation $67,958

Top 10 Staff Salary Range

$350k + 10
$300k - $350k 0
$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 F2013

About University of Saskatchewan:

The University of Saskatchewan (U of S) is situated in the city of Saskatoon, which has a population of just under 220,000. It is the only university in Canada to house five health science colleges and a major teaching hospital on the same campus. The U of S awards degrees in over 120 areas of specialization and is uniquely positioned in the fields of human, animal, and plant sciences. The university has Canada's only facility for synchrotron light research. The university houses one of the largest vaccine research and testing facilities in North America.

The university is home to 23,797 students from more than 100 countries. It has 1,134 full-time faculty members, producing a student to faculty ratio of 16:1. Its annual program costs average $29,850 for each student. In F2013, U of S awarded over $37m in scholarships and bursaries

Financial Review:

Administrative costs are 6% of total revenues and fundraising costs are 7% of donations. Since the audited financials do not provide a detailed breakdown of administrative costs and fundraising costs, Ci has used the T3010 filing to obtain administrative costs and fundraising costs.The University has funding reserves of $545m (including donor-endowed funds of $210m). Funding reserves cover 77% of annual program costs (48% for non donor-endowed funds).

Financial Ratios

Fiscal year ending April
201320122011
Administrative costs as % of revenues 6.0%6.3%5.4%
Fundraising costs as % of donations 6.9%6.7%5.5%
Program cost coverage (%) 76.7%66.7%91.7%

Summary Financial Statements

All figures in $000s
201320122011
Donations 85,29185,31898,781
Government funding 550,122531,185568,248
Fees for service 219,981205,793193,242
Business activities (net) 17,61914,0094,299
Investment income 54,66218,01542,691
Other income 7,7976,39111,926
Total revenues 935,472860,711919,187
Program costs 710,339777,912633,724
Administrative costs 52,64252,76247,557
Fundraising costs 5,8895,7055,439
Other costs 569917
Cash flow from operations 166,54624,233232,450
Funding reserves 544,922518,824581,327
Note: The University reports amortization expense at $65.4m out of total expenditure of $834m in F2013. To accurately reflect program costs, administrative costs and fundraising costs on a cash basis, Ci has removed the amortization expense from total expenditure and then allocated costs on a pro-rata basis. The proportion of pro-rata allocation is based on the charity's T3010 filing.

Comments added by the Charity:

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