Centre for International Governance Innovation
Waterloo, ON N2L 6C2
President: Rohinton Medhora
Board Chair: Jim Balsillie
Website: www.cigionline.org
Charitable Reg. #: 890963416RR0001
Charity Rating
Donor Accountability
Grade: A-
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency
Need for Funding
endowed
Spending Breakdown
Cents to The Cause
| ♦ | ♦ | ♦ | |
| 95¢ | |||
| 75¢ | |||
| avg | |||
| 65¢ | |||
| 50¢ | |||
| 2014 | 2015 | 2016 |
Full-time staff #41
Avg. Compensation $126,615
Top 10 Staff Salary Range
| $350k + | 1 |
| $300k - $350k | 0 |
| $250k - $300k | 1 |
| $200k - $250k | 1 |
| $160k - $200k | 2 |
| $120k - $160k | 0 |
| $80k - $120k | 5 |
| $40k - $80k | 0 |
| < $40k | 0 |
About Centre for International Governance Innovation:
The Centre for International Governance Innovation (CIGI) was founded in 2001 by Jim Balsillie, former co-CEO of RIM (Research In Motion), with support from a number of strategic partners, including the Government of Canada and the Government of Ontario. CIGI is an independent, nonpartisan think tank based in Waterloo, Ontario that conducts research, holds conferences, publishes working papers and books, and makes policy recommendations on international governance issues.
CIGI conducts research in three program areas: Global Economy, Global Security and Politics, and International Law. The International Law Research Program was launched in November 2013. CIGI forms networks, advances policy debate and generates ideas for multilateral governance improvements through an active agenda of research, events and publications. CIGI's work in this area helped lay the groundwork for the G20 Leaders' group. CIGI has collaborated with various organizations throughout the world to conduct research and organize conferences.
In F2016, The Centre for International Governance Innovation produced 133 official publications, 47 new videos, and 13 podcasts. Its website received over 600,000 visits, its videos were viewed over 210,000 times, and its publications received over 27,000 downloads, a 20% increase in traffic over F2015.
Financial Review:
The Centre for International Governance and Innovation did not receive any donations in F2016; however, it received a $30m donation in F2014 from a private donor. In F2016, the charity was primarily funded by the government and investment income. Its administrative costs were 60% of revenues (excluding investment income). However, administrative costs in F2016 were also only 14% of total expenses. The charity has funding reserves of $138.7m, of which $56.1m is donor-endowed. This results in a program cost coverage ratio, excluding donor-endowed funds, of 646%, meaning that the charity can cover about 6.5 years of its annual program costs using its existing reserves.
This charity report is an update that is being reviewed by CIGI. Changes and edits may be forthcoming.
Updated June 28, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending July |
2016 | 2015 | 2014 |
|---|---|---|---|
| Fundraising & admin costs as % of revenues | 59.7% | 97.9% | 9.4% |
| Program cost coverage (%) | 889.4% | 1,174.1% | 1,604.6% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 0 | 10 | 30,000 |
| Government funding | 3,772 | 1,804 | 405 |
| Investment income | 3,261 | 8,677 | 12,965 |
| Other income | 1,262 | 753 | 872 |
| Total revenues | 8,295 | 11,244 | 44,241 |
| Program costs | 15,592 | 12,882 | 9,712 |
| Fundraising & administrative costs | 3,004 | 2,514 | 2,947 |
| Cash flow from operations | (10,301) | (4,152) | 31,583 |
| Funding reserves | 138,671 | 151,245 | 155,838 |
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The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publically-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability. No attempt has been made to examine the effectiveness of the charities' programs.
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