The Governors of the University of Calgary
The Governors of the University of Calgary reported $1.36 billion in revenue and $1.31 billion in expenses for the fiscal year ending March 31, 2026. Of every $100 it spent, $94.46 went to program services, $4.55 to management and general costs and $0.99 to fundraising. Its largest source of revenue was contributions and grants: 61.7% of the total. Government grants made up 49.2%. The highest compensation it reported for one person was $602,355 (President - Incumbent). 1,385 people received more than $100,000 in reportable compensation. Revenue rose 29% between FY2021 and FY2026. Source: Form 990, FY2026.
Where $100 of spending went
The fiscal year ending March 31, 2026 · Form 990, Part IX, line 25 · total expenses $1.31BFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2026 · Form 990, Part VIII · total revenue $1.36B- Contributions & grants (non-government)$12.57 $171M
- Government grants$49.17 $669M
- Program service revenue$30.79 $419M
- Investment income$7.47 $102M
Other revenue was negative: −$25,804. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2026 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 61.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 49.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 30.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $602,355 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.05% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1,385 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 27.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 25 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2026 · Form 990, Part III · the three largest programs by expenseGeneral Operations: The University provides education so that society's individuals may advance themselves by graduating with degrees from various faculties and programs. Revenue from general operations includes the provincial government operating grant, tuition fee revenue, investment income available for general spending, and any new revenue generated by faculties and administrative units
Highest reported compensation
FY2026 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President - Incumbent Director/trustee, officer, key employee, highest compensated employee, 50 hrs/week | $431,748 | $0 | $170,607 | $602,355 |
| Provost and VP Academic Incumbent Officer, key employee, highest compensated employee, 50 hrs/week | $288,674 | $0 | $73,505 | $362,179 |
| Vice-Provost Highest compensated employee, 50 hrs/week | $325,254 | $0 | $24,219 | $349,473 |
| VP Development and Alumni - Incumbent Key employee, highest compensated employee, 50 hrs/week | $254,552 | $0 | $69,150 | $323,702 |
| Professor Highest compensated employee, 50 hrs/week | $293,964 | $0 | $28,016 | $321,980 |
| Professor Highest compensated employee, 50 hrs/week | $277,559 | $0 | $28,090 | $305,649 |
| General Counsel and VP People and Culture - Incumbent Key employee, 50 hrs/week | $248,331 | $0 | $56,523 | $304,854 |
| Professor Highest compensated employee, 50 hrs/week | $283,653 | $0 | $20,232 | $303,885 |
1,385 people received more than $100,000 in reportable compensation from The Governors of the University of Calgary (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.9M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2026 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b25 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6600
Largest outside contractors
FY2026 · Form 990, Part VII, Section B · businesses only| ELLISDON CONSTRUCTION SERVICES INC Construction Management | $31,873,037 |
| URSATAUR 801 SEVENTH LIMITED Consulting | $17,025,391 |
| ARAMARK MEAL PLAN UNICARD CATERTRAX Food Services | $8,260,731 |
| FIERA PROPERTIES LIMITED ITF Property Management | $4,088,568 |
| MICROSERVE IT Services | $4,025,423 |
Individuals listed as contractors are left out. 140 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Governors of the University of Calgary's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Governors of the University of Calgary, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Governors of the University of Calgary spent in FY2026, $94.46 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- University of WaterlooCanada, · revenue $1.35B · programs 93.2% · FY2025
- The Howard UniversityWashington, DC · revenue $1.43B · programs 67.8% · FY2025
- The Royal Institution for the Advancement of Learning McGill UniversityCanada, · revenue $1.34B · programs 92.8% · FY2025
- Drexel UniversityPhiladelphia, PA · revenue $1.47B · programs 86.5% · FY2025
- Au Medical CenterMarietta, GA · revenue $1.29B · programs 92.1% · FY2025
Questions people ask
How much of The Governors of the University of Calgary's spending goes to programs?
In the fiscal year ending March 31, 2026, The Governors of the University of Calgary reported that 94.5% of its $1.31 billion in expenses went to program services, 4.6% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does The Governors of the University of Calgary pay its top executive?
The largest total compensation The Governors of the University of Calgary reported for one person in the fiscal year ending March 31, 2026 was $602,355, for the role of President - Incumbent (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Governors of the University of Calgary get its money?
Of $1.36 billion in revenue in the fiscal year ending March 31, 2026, 61.7% came from contributions and grants (including 49.2% from government grants) and 30.8% from program service revenue (Form 990, Part VIII).
Is The Governors of the University of Calgary a registered charity?
The IRS lists EIN 23-7067592 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2026: Form 990 for the fiscal year ending March 31, 2026, object 202602649349301100 · read the filing
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202522689349300707 · read the filing
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202501619349300945 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202501619349301045 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202302409349300750 · read the filing
All filings for EIN 23-7067592: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.