TORONTO METROPOLITAN UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- TORONTO METROPOLITAN UNIVERSITY (EIN 98-1651870)
- Tax period
- 2022-05-01 to 2023-04-30
- Filed
- 2024-03-14
- IRS object ID
- 202440749349301139
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-14T11:47:48-05:00 | ReturnTs |
| Tax Period End | 2023-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer Foreign Address PreparerForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 Bay St Suite 4600 | AddressLine1Txt |
| City | Toronto | CityNm |
| Province Or State | ON | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5H 2S5 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 981651870 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Toronto Metropolitan University | BusinessNameLine1Txt |
| Business Name Line2 | FKA Ryerson University | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % RAVI HALDAVNEKAR | InCareOfNm |
| Business Name Control | TORO | BusinessNameControlTxt |
| Phone | 4169795019 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 Victoria Street | AddressLine1Txt |
| City | Toronto | CityNm |
| Province Or State | ON | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5B 2K3 | ForeignPostalCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ravi Haldavnekar | PersonNm |
| Person Title | Controller | PersonTitleTxt |
| Phone | 4169795019 | PhoneNum |
| Signature | 2024-03-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Ravi | PersonFirstNm |
| Person Last | Haldavnekar | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 888008888 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Josh Klein | PreparerPersonNm |
| PTIN | P01285445 | PTIN |
| Phone | 4167778500 | PhoneNum |
| Preparation | 2024-03-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Initial Return | Yes (X) | InitialReturnInd |
| Principal Officer | Ravi Haldavnekar | PrincipalOfficerNm |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 Victoria Street | AddressLine1Txt |
| City | Toronto | CityNm |
| Province Or State | ON | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5B 2K3 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $766,533,711 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://www.torontomu.ca/ | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | University/School | OtherOrganizationDsc |
| Formation | 1964 | FormationYr |
| Legal Domicile Country | CA | LegalDomicileCountryCd |
| Activity Or Mission | See Schedule O for the full description of Toronto Metropolitan University's mission. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $418,476,775 | PYContributionsGrantsAmt |
| CY Contributions Grants | $380,128,385 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $352,466,139 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $331,541,147 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,252,122 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,721,386 | CYInvestmentIncomeAmt |
| PY Other Revenue | $28,955,124 | PYOtherRevenueAmt |
| CY Other Revenue | $28,508,411 | CYOtherRevenueAmt |
| PY Total Revenue | $809,150,160 | PYTotalRevenueAmt |
| CY Total Revenue | $761,899,329 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $57,681 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $459,552,592 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $457,209,172 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,392,542 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $337,914,452 | PYOtherExpensesAmt |
| CY Other Expenses | $317,838,651 | CYOtherExpensesAmt |
| PY Total Expenses | $797,467,044 | PYTotalExpensesAmt |
| CY Total Expenses | $775,105,504 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,683,116 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$13,206,175 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,783,767,784 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,775,314,546 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $879,830,720 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $886,069,090 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $903,937,064 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $889,245,456 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The special mission of Toronto Metropolitan University is the advancement of applied knowledge and research to address societal need, and the provision of programs of study that provide a balance between theory and application and that prepare students for careers in professional and quasi-professional fields. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $738,639,232 | ExpenseAmt |
| Revenue | $331,541,147 | RevenueAmt |
| Desc | Toronto Metropolitan University (TMU) is a leading institution of innovation and entrepreneurship that responds to societal need through high-quality, professional, and career-related bachelor, master's, and doctoral programs, and relevant scholarly, research, and creative activities. In 2023, it awarded 7,723 bachelor's degrees, 159 law degrees, 1,139 master's degrees, 79 professional master's diplomas, and 86 doctoral degrees. Overall student enrolment in the 2022-23 academic year was 46,462 (39,500 FTE) and the university achieved over CAD $90 million in research funding. | Desc |
| Total Program Service Expenses | $738,639,232 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Employment Tax Returns Filed | false | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | CA | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAVI HALDAVNEKAR | PersonNm |
| Phone | 4169795019 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 Victoria Street | AddressLine1Txt |
| City | Toronto | CityNm |
| Province Or State | ON | ProvinceOrStateNm |
| Country | CA | CountryCd |
| Foreign Postal | M5B 2K3 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Mohamed Lachemi | |||||||||
| President | 36.25 | 0.0 | Yes (X) | Yes (X) | $278,731 | $0 | $0 | ||
| Anver Saloojee | |||||||||
| Professor | 36.25 | 0.0 | $248,946 | $0 | $0 | Yes (X) | |||
| Daphne Taras | |||||||||
| Dean | 36.25 | 0.0 | $245,230 | $0 | $0 | Yes (X) | |||
| Donna Young | |||||||||
| Dean - Faculty of Law | 36.35 | 0.0 | $245,181 | $0 | $0 | Yes (X) | |||
| Thomas Duever | |||||||||
| Dean | 36.25 | 0.0 | $234,368 | $0 | $0 | Yes (X) | |||
| Julia Shi-Eun Shin Doi | |||||||||
| Gen Counsel & Secretary of BOG | 36.25 | 0.0 | $204,529 | $0 | $0 | Yes (X) | |||
| Bala Venkatesh | |||||||||
| Professor | 35.0 | 0.0 | $201,376 | $0 | $0 | Yes (X) | |||
| Steven Norman Liss | |||||||||
| V.P.- Research and Innovation | 36.25 | 0.0 | Yes (X) | $198,548 | $0 | $0 | |||
| Saeed Zolfaghari | |||||||||
| V.P. - Admin & Operations | 36.25 | 0.0 | Yes (X) | $195,614 | $0 | $0 | |||
| Tanya De Mello | |||||||||
| VP -Equity&Comm Incls | 36.25 | 0.0 | Yes (X) | $195,614 | $0 | $0 | |||
| Joanne McKee | |||||||||
| Chief Financial Officer | 36.25 | 0.0 | Yes (X) | $184,328 | $0 | $0 | |||
| Michael Kolios | |||||||||
| Professor | 35.0 | 0.0 | Yes (X) | $179,495 | $0 | $0 | |||
| Irene Gammel | |||||||||
| Professor | 35.0 | 0.0 | Yes (X) | $168,067 | $0 | $0 | |||
| Seth Dworkin | |||||||||
| Professor | 35.0 | 0.0 | Yes (X) | $161,689 | $0 | $0 | |||
| Marcelle Mullings | |||||||||
| Executive Director OVPECI | 36.25 | 0.0 | Yes (X) | $136,749 | $0 | $0 | |||
| Joanne Dallaire | |||||||||
| Elder&Sr.Advisor Indig. Relat | 36.25 | 0.0 | Yes (X) | $132,773 | $0 | $0 | |||
| Samir Sinha | |||||||||
| Research Professional | 36.25 | 0.0 | Yes (X) | $74,484 | $0 | $0 | |||
| Silvana Babikian | |||||||||
| Catering Mgr. F.S. Operations | 36.25 | 0.0 | Yes (X) | $65,731 | $0 | $0 | |||
| Anthony Staffieri | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Catherine Paisley | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David Miller | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David Porter | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Edward Shim | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Garay Camilo | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Grace Leong | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jack Cockwell | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Janice Fukakusa | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jasmine Fakhim | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Joel Kuriakose | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kareena Bhatia | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Meg Davis | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Nadir Mohamed | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Neel Chauhan | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ryan Rodrigues | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sobi Ragunathan | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Walied Soliman | |||||||||
| Elected Member of the Board | 0.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,351,453 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 32 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| 10091600 Canada Inc | ||||||
| SUITE 1810 - 1 YONGE ST | TORONTO | ON | CA | M5E 1W7 | interpreter | $470,454 |
| Deloitte Inc | ||||||
| 8 ADELAIDE ST W SUITE 200 | TORONTO | ON | CA | M5H 0A9 | Consulting | $323,483 |
| Dr Andrew Padmos Incorporated | ||||||
| 62 ROTHWELL DRIVE | OTTAWA | ON | CA | K1J 7G6 | Advisory | $298,758 |
| Cairns Oneil Strategic Media Inc | ||||||
| 56 THE ESPLANADE SUITE 401 | TORONTO | ON | CA | M5E 1A7 | Media development | $278,881 |
| Spindle Strategy Corp | ||||||
| 26 SOHO ST SUITE 335 | TORONTO | ON | CA | M5T 1Z7 | Strategy Plan & Dev. | $267,935 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $369,218,413 | GovernmentGrantsAmt |
| All Other Contributions | $10,909,972 | AllOtherContributionsAmt |
| Total Contributions | $380,128,385 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| OPERATING PROGRAM | $313,656,627 | $313,656,627 |
| ANCILLARY AND OTHER | $17,884,520 | $17,884,520 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $331,541,147 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,721,386 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,721,386 | RelatedOrExemptFuncIncomeAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $8,568,458 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $4,634,382 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,934,076 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,934,076 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| AMORTIZATION OF DEFERRED CAPITAL CONTRIBUTIONS | $10,806,147 | $10,806,147 |
| UNREALIZED GAIN ON INTEREST RATE SWAPS | $2,352,630 | $2,352,630 |
| MISCELLANEOUS | $11,415,558 | $11,415,558 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $24,574,335 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $761,899,329 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $381,770,944 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,681 | TotalAmt |
| Program Services | $57,681 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,036,137 | TotalAmt |
| Program Services | $2,036,137 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $389,730,321 | TotalAmt |
| Program Services | $365,925,583 | ProgramServicesAmt |
| Management And General | $19,860,207 | ManagementAndGeneralAmt |
| Fundraising | $3,944,531 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,384,783 | TotalAmt |
| Program Services | $15,211,455 | ProgramServicesAmt |
| Management And General | $1,999,870 | ManagementAndGeneralAmt |
| Fundraising | $173,458 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,668,490 | TotalAmt |
| Program Services | $20,678,427 | ProgramServicesAmt |
| Management And General | $1,783,742 | ManagementAndGeneralAmt |
| Fundraising | $206,321 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,389,441 | TotalAmt |
| Program Services | $23,806,858 | ProgramServicesAmt |
| Management And General | $1,345,048 | ManagementAndGeneralAmt |
| Fundraising | $237,535 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,782,244 | TotalAmt |
| Program Services | $447,795 | ProgramServicesAmt |
| Management And General | $1,334,449 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,020 | TotalAmt |
| Program Services | $86,445 | ProgramServicesAmt |
| Management And General | $118,575 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,899 | TotalAmt |
| Management And General | $523,899 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,722,484 | TotalAmt |
| Program Services | $26,400,559 | ProgramServicesAmt |
| Management And General | $2,321,925 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,663,085 | TotalAmt |
| Program Services | $11,379,485 | ProgramServicesAmt |
| Management And General | $283,600 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,613,088 | TotalAmt |
| Program Services | $14,613,088 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,069,189 | TotalAmt |
| Program Services | $40,069,189 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,727,417 | TotalAmt |
| Program Services | $1,714,140 | ProgramServicesAmt |
| Management And General | $13,277 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OPERATING COSTS | $90,092,661 | $88,440,896 | $821,068 | $830,697 |
| SCHOLARSHIPS | $39,334,886 | $39,334,886 | ||
| SUB GRANTS TO PARTNER INST. | $77,368,941 | $77,368,941 | ||
| REPAIRS AND MAINTENANCE | $11,735,737 | $11,067,667 | $668,070 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $775,105,504 | TotalAmt |
| Program Services | $738,639,232 | ProgramServicesAmt |
| Management And General | $31,073,730 | ManagementAndGeneralAmt |
| Fundraising | $5,392,542 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,118,905 | BOYAmt |
| EOY | $14,236,468 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,882 | BOYAmt |
| EOY | $104,419,460 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,885,470 | BOYAmt |
| EOY | $46,107,122 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,788,470 | BOYAmt |
| EOY | $2,368,441 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,160,955 | BOYAmt |
| EOY | $901,631 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,625,883 | BOYAmt |
| EOY | $15,500,375 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $974,442,180 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $39,295,457 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $999,928,551 | BOYAmt |
| EOY | $935,146,723 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $519,065,995 | BOYAmt |
| EOY | $503,069,352 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,161,673 | BOYAmt |
| EOY | $153,564,974 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,783,767,784 | BOYAmt |
| EOY | $1,775,314,546 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,789,480 | BOYAmt |
| EOY | $84,405,029 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,263,452 | BOYAmt |
| EOY | $57,513,267 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $785,777,788 | BOYAmt |
| EOY | $744,150,794 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $879,830,720 | BOYAmt |
| EOY | $886,069,090 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $788,173,568 | BOYAmt |
| EOY | $774,518,483 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,763,496 | BOYAmt |
| EOY | $114,726,973 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $903,937,064 | BOYAmt |
| EOY | $889,245,456 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,783,767,784 | BOYAmt |
| EOY | $1,775,314,546 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$13,206,175 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,485,433 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $115,763,496 | BeginningYearBalanceAmt |
| Contributions | $520,633 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,557,156 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $114,726,973 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp | |
| Buildings | BuildingsGrp | |
| Leasehold Improvements | LeaseholdImprovementsGrp | |
| Equipment | EquipmentGrp |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $974,442,180 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,295,457 | DepreciationAmt |
| Book Value | $935,146,723 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $935,146,723 | TotalBookValueLandBuildingsAmt |
| Total Book Value Program Rltd | $0 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EMPL FUTURE BENEFITS - PENSION | Desc |
| Book Value | $153,564,974 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $153,564,974 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| CURRENT PORTION OF LT DEBT | $7,035,966 |
| CURRENT PORTION OF FV OF INTEREST RATE SWAPS | $186,671 |
| EMPLOYEE FUTURE BENEFITS - OTHER | $27,810,364 |
| LT DEBT | $364,503,027 |
| FV OF INTEREST RATE SWAPS | $6,607,286 |
| DEFERRED REVEUE CONTRIBUTIONS | $131,153,327 |
| DEFERRED CAPITAL CONTRIBUTIONS | $206,854,153 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $744,150,794 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part V, Line 4 | FormAndLineReferenceDesc |
| Explanation | The revenue from endowment fund supports the scholarship and research expenditure at the university. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | Toronto Metropolitan University has a policy that prohibits discrimination based on protected grounds under the Ontario Human Rights code, including race. The University has a Vice President, Equity and Community Inclusion. The Office of the VP ECI oversees a Human Rights Services office that works to promote an equitable and inclusive university community, free from discrimination and harassment based on the protected grounds identified in the Ontario Human Rights Code (including race), this includes administering the University Discrimination and Harassment Prevention policy. In addition, the Office of the VP ECI works with all areas of the university to proactively embed equity, diversity and inclusion in all aspects of the work and educational programming of the university. There is a link to all Equity and Community Inclusion initiatives on the University homepage as part of the main navigation at the top of the page. Faculty of Arts admissions brochures include the statement, "... welcomes applications from prospective students of all nationalities and gender identities, regardless of age, disability, race, religion, or sexual orientation." |
| Schedule E, Part I, Line 6a | The University receives support from numerous government agencies for operating and research grants. The university complies with all requirements for those grants and maintained good standing. |
| Schedule E, Part I, Line 7 | The University complies with legislation governing racial non discrimination (and other protected grounds) within the jurisdiction within which it operates, i.e. the Ontario Human Rights Code. The Code covers employment and services (which includes education) and requires that the University operates in a way that does not discriminate based on protected grounds under the Code, including race. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | North America | RegionTxt |
| Offices | 1 | OfficesCnt |
| Employee | 8907 | EmployeeCnt |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | Academic & Research | SpecificServicesProvidedTxt |
| Region Total Expenditures | $775,105,503 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 8907 | SubtotalEmployeesCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 8907 | TotalEmployeeCnt |
| Subtotal Spent | $775,105,503 | SubtotalSpentAmt |
| Total Spent | $775,105,503 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | TMU creates unique accounts within the general ledger to segregate grants in order to monitor compliance on spending according to the university's grant documentation and internal control policies. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Bursary | GrantTypeTxt |
| Recipient | 5 | RecipientCnt |
| Cash Grant | $57,681 | CashGrantAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|
| Mohamed Lachemi | ||
| President | $278,731 | $278,731 |
| Anver Saloojee | ||
| Professor | $248,946 | $248,946 |
| Daphne Taras | ||
| Dean | $245,230 | $245,230 |
| Donna Young | ||
| Dean - Faculty of Law | $245,181 | $245,181 |
| Thomas Duever | ||
| Dean | $234,368 | $234,368 |
| Julia Shi-Eun Shin Doi | ||
| Gen Counsel & Secretary of BOG | $204,529 | $204,529 |
| Steven Norman Liss | ||
| V.P.- Research and Innovation | $198,548 | $198,548 |
| Saeed Zolfaghari | ||
| V.P. - Admin & Operations | $195,614 | $195,614 |
| Tanya De Mello | ||
| VP -Equity&Comm Incls | $195,614 | $195,614 |
| Joanne McKee | ||
| Chief Financial Officer | $184,328 | $184,328 |
| Bala Venkatesh | ||
| Professor | $201,376 | $201,376 |
| Irene Gammel | ||
| Professor | $168,067 | $168,067 |
| Michael Kolios | ||
| Professor | $179,495 | $179,495 |
| Seth Dworkin | ||
| Professor | $161,689 | $161,689 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $223,337 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Art Historical Treasures ArtHistoricalTreasuresGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,731,349 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | CCPERB | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $18,100 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $80,989 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 15 | ContributionCnt |
| Noncash Contributions Rpt F990 | $199,345 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Ready Market Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, part I, line 1 | Description of the organization's mission: The special mission of Toronto Metropolitan University is the advancement of applied knowledge and research to address societal need, and the provision of programs of study that provide a balance between theory and application and that prepare students for careers in professional and quasi-professional fields. |
| Form 990, part III, line 4a | Toronto Metropolitan University (TMU) is a leading institution of innovation and entrepreneurship that responds to societal need through high-quality, professional, and career-related bachelor, master's, and doctoral programs, and relevant scholarly, research, and creative activities. In 2023, it awarded 7,723 bachelor's degrees, 159 law degrees, 1,139 master's degrees, 79 professional master's diplomas, and 86 doctoral degrees. Overall student enrollment in the 2022-23 academic year was 46,462 (39,500 FTE) and the university achieved over CAD $90 million in research funding. |
| Form 990, part VI, section A, line 6 | Did the organization have members or stockholders: No |
| Form 990, part VI, section A, line 7a | Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? No |
| Form 990, part VI, section A, line 7b | Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? N/A |
| Form 990, part VI, section B, line 11b | Form 990 is reviewed by the CFO and the controller before filing and is required to be signed off by the controller. It is available for all members of its governing body before filing upon request. |
| Form 990, part VI, section B, line 15 | Executive and CEO compensation is prepared by HR in compliance with Ontario laws and reviewed and approved by the independent audit committee of the board. For directors and senior leaders, compensation is determined by HR in compliance with Ontario laws and the University's salary administration policy and guidelines to ensure transparency and equity. Across the board compensation increases and performance pay is approved by the University's internal budget committee and the executive group with final approval by the President. |
| Form 990, part VI, section C, line 19 | TMU has made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year, upon request. |
| Form 990, part XI, Line 9 | Other changes in net assets or fund balances: * Foreign Exchange Translation: $-1,485,433 |
| Form 990, Part VI, Section B, Line 12c | All staff are required to declare they have agreed to the COI policy. The responsibility for monitoring enforcing the COI policy resides with managers/senior level in the organization. Steps are taken to investigate COI for the employees, determine whether to approve/prohibit the activity and establish, together with employees and any other appropriate parties, agreements concerning the monitoring and management of conflict of interest situations. In addition to this, the University's internal audit function performs periodic assessments of compliance with the COI Policy as well as procedures to determine whether apparent COIs are appropriately managed as per the directions outlined in the Policy. |
| Form 990 All Information | All information on Form 990 for Toronto Metropolitan University's functional currency is in Canadian dollars. All activities and all management are in Canada. For Form 990 reporting purposes, the financial information was converted to U.S. dollars using the following rates: For the year ended April 30, 2023 (CAD TO USD): Income statement items using the yearly average rate: 0.75236 Balance sheet items using the year end rate: 0.737832 For the year ended April 30, 2022 (CAD TO USD): Income statement items using the yearly average rate: 0.797047 Balance sheet items using the year end rate: 0.777599 |
Schedule R IRS990ScheduleR
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Ryerson Futures Inc | ||
| a | $15,795 | Cash |
| Ryerson Futures Inc | ||
| b | $543,842 | Cash |
| Ryerson Futures Inc | ||
| m | $77,766 | Cash |
Comments