Cape Breton University
Sydney, NS B1P 6L2
President: David Wheeler
Board Chair: Norma Boyd
Charitable Reg. #: 11927 9032 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #318
Avg. Compensation $86,534
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||4|
|$120k - $160k||5|
|$80k - $120k||0|
|$40k - $80k||0|
About Cape Breton University:
The College of Cape Breton was established in 1974, combining the Sydney Campus of Saint Francis Xavier University and the Nova Scotia Eastern Institute of Technology into a single institution. It was granted university status in 1982. Cape Breton University (CBU) aims to create high quality university education and research that inspires learners and partners and has significance, relevance and application.
CBU offers undergraduate degrees in liberal arts, business, science and technology and 2 graduate programs (MBA in Community Economic Development and Masters in Information Technology). It also offers diplomas and certificates in wireless, petroleum and environmental studies, integrative science, cultural studies and education. CBU states that it encourages Aboriginal students and has the highest Aboriginal student representation per capita of any institution in Atlantic Canada. CBU’s research department focuses on integrative science, intangible cultural heritage, molecular spectroscopy and mine water management. The CBU research department has projects funded by the Canada Foundation for Innovation, the Atlantic Innovation Fund and The Nova Scotia Research and Innovation Trust.
Like all Canadian Universities, CBU reports no fundraising costs. In F2012, CBU’s administrative costs were 7% of revenues. It had $16.7m in funding reserves covering 38% of annual program costs.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||6.9%||5.7%||5.5%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||37.7%||40.1%||94.1%|
Summary Financial StatementsAll figures in $000s
|Fees for service||20,924||17,873||15,382|
|Business activities (net)||712||728||687|
|Cash flow from operations||6,916||7,296||8,034|