Charity Impact Media

Home › Education

Mount Allison University

Canada, · EIN 98-0033473 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending April 30, 2025 (tax year 2024) · View the filing · Correct or respond

Mount Allison University reported $68.9 million in revenue and $66.6 million in expenses for the fiscal year ending April 30, 2025. Of every $100 it spent, $87.98 went to program services, $8.75 to management and general costs and $3.27 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 48.7% of the total. Government grants made up 32.8%. The highest compensation it reported for one person was $196,083 (President and Vice-Chancellor). 8 people received more than $100,000 in reportable compensation. Revenue fell 3% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending April 30, 2025 · Form 990, Part IX, line 25 · total expenses $67M

For 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 April 30, 2025 · Form 990, Part VIII · total revenue $69M

Other revenue was negative: −$1.9M. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.8%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
41.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
32.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
48.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$196,083$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.29%1.28%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
42.213.3
Independent voting board members
Part VI 1a–1b
28 of 28100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$50M expenses · 85.1% of program spending · grants $18M · revenue $22M

Student Fees

$8.0M expenses · 13.6% of program spending · revenue $9.9M

Ancillary Student Fees

$757K expenses · 1.3% of program spending · revenue $2.0M

Commissions, Rebates, book sales, retail sales, sales of goods/surplus of furniture and equipment, event tickets, conference revenue, IT support/consultation

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President and Vice-Chancellor
Director/trustee, 0.0 hrs/week
$196,083$0$0$196,083
VP of Finance and Admin
Key employee, 0.0 hrs/week
$151,280$0$0$151,280
VP, University Advancement
Highest compensated employee, 0.0 hrs/week
$140,242$0$0$140,242
Associate Professor
Highest compensated employee, 0.0 hrs/week
$130,287$0$0$130,287
Associate Professor
Highest compensated employee, 0.0 hrs/week
$127,542$0$0$127,542
Professor
Highest compensated employee, 0.0 hrs/week
$127,094$0$0$127,094
Professor
Highest compensated employee, 0.0 hrs/week
$127,094$0$0$127,094
REGENT AND FULL-TIME FACULTY
Director/trustee, 0.0 hrs/week
$118,941$0$0$118,941

8 people received more than $100,000 in reportable compensation from Mount Allison University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $872K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2021FY2022FY2023FY2024FY2025$69M$67M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$69M$67M88.0%$234M$196,083
FY2024 ⓘ$79M$65M88.6%$226M$181,875
FY2023 ⓘ$87M$64M88.1%$217M$211,819
FY2022 ⓘ$66M$63M89.0%$225M$235,174
FY2021 ⓘ$71M$56M88.6%$231M$200,404

Governance answers, as filed

FY2025 · 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–1b28 · 28 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • 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

Correct a figure or respond

Every number above is copied from Mount Allison University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mount Allison University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in

Questions people ask

How much of Mount Allison University's spending goes to programs?

In the fiscal year ending April 30, 2025, Mount Allison University reported that 88.0% of its $66.6 million in expenses went to program services, 8.8% to management and general and 3.3% to fundraising (Form 990, Part IX).

How much does Mount Allison University pay its top executive?

The largest total compensation Mount Allison University reported for one person in the fiscal year ending April 30, 2025 was $196,083, for the role of President and Vice-Chancellor (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Mount Allison University get its money?

Of $68.9 million in revenue in the fiscal year ending April 30, 2025, 41.1% came from contributions and grants (including 32.8% from government grants) and 48.7% from program service revenue (Form 990, Part VIII).

Is Mount Allison University a registered charity?

The IRS lists EIN 98-0033473 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending April 30, 2025, object 202610709349300916 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202530719349300728 · read the filing
  • FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202420759349300342 · read the filing
  • FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202340739349300049 · read the filing
  • FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202220749349302212 · read the filing

All filings for EIN 98-0033473: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.