Wolfville, NS B4P 2R6
President: Raymond E. Ivany
Board Chair: Paul Jewer
Charitable Reg. #: 10668 1893 RR0001
Grade: C+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 #488
Avg. Compensation $93,843
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||8|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Acadia University:
Founded in 1838, Acadia University (AU) is a public liberal arts university with a 250-acre campus in Nova Scotia. The university’s aim is to train future global leaders and respected scholars by providing rigorous liberal education.
In F2015, Acadia University spent $71.4m on its programs, including $44.2m on salaries. AU gave out $4.7m in scholarships and bursaries. AU offers 200 combinations of undergraduate degrees in Arts, Pure and Applied Sciences, Professional Studies and Theology. It has a student to faculty ratio of 1:15 and an average class size of 28. 3,473 undergraduate and 225 graduate students study at the university. AU has 5 Canada Research Chairs and 20 research facilities and centres. Huffington Post ranks Acadia University as one of the top ten best universities for sports and recreation.
Acadia University is a Big-Cap charity with donations of $11.4m along with tuition of $37.4m and government funding of $30.3m. Administrative costs are 14% of total revenues and fundraising costs are 4% of total donations. Total overhead costs come to 18%, falling within Ci’s reasonable range. AU has net funding reserves of $22.1m which can cover program costs for 4 months. Excluding donor-endowed funds of $78.5m, AU is in debt of $56.4m.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on August 23rd, 2016 by Mirza Ali Shakir.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||14.2%||13.9%||13.7%|
|Fundraising costs as % of donations||3.8%||3.4%||1.5%|
|Program cost coverage (%)||30.9%||13.1%||33.9%|
Summary Financial StatementsAll figures in $000s
|Fees for service||37,355||36,020||34,239|
|Business activities (net)||11,091||11,772||11,036|
|Cash flow from operations||12,825||17,888||9,213|