Civic Intelligence

York University

990 • Fiscal year 2025 • EIN 23-7069967

May 01, 2024 to Apr 30, 2025 • Filed on Feb 24, 2026

Organization ProfileWWW.YORKU.CA
4700 Keele StreetToronto, ON M3J1P3CA

(416) 736-5811

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.49x

Higher debt load relative to assets than 79% of similar nonprofits.

2025 filings • $1B+ nonprofits • Source year 2025

Liabilities / Revenue

77th percentile

1.32x

Higher debt load relative to revenue than 77% of similar nonprofits.

2025 filings • $1B+ nonprofits • Source year 2025

Net Margin

16th percentile

-0.1%

Higher net margin than 16% of similar nonprofits.

2025 filings • $1B+ nonprofits • Source year 2025

Top Officer Pay

33rd percentile

$493,410

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • $1B+ nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Balance Sheet
Liabilities / Assets79th percentile

Assets

$2,738,822,163

No earlier filing loaded for comparison.

Net Assets

$1,400,603,058

No earlier filing loaded for comparison.

Liabilities

$1,338,219,105

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin16th percentile

Revenue

$1,017,395,087

No earlier filing loaded for comparison.

Expenses

$1,018,036,554

No earlier filing loaded for comparison.

Net Income

-$641,467

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2025: $2,738,822,163Liabilities 2025: $1,338,219,105Net Assets 2025: $1,400,603,0582025

Highlighted filing

2025

Assets$2,738,822,163
Liabilities$1,338,219,105
Net Assets$1,400,603,058
Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5B$1.0B$500M$0-$500MRevenue 2025: $1,017,395,087Expenses 2025: $1,018,036,554Net Income 2025: -$641,4672025

Highlighted filing

2025

Revenue$1,017,395,087
Expenses$1,018,036,554
Net Income-$641,467
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Feb 24, 2026
Return Version
2024v5.1
Gross Receipts
$1,022,387,878
Mission and Program Overview

Mission

The mission of york university is the pursuit and dissemination of knowledge. A community of faculty, students and staff are committed to academic freedom, social justice, accessible education and collegial self-governance. York university makes innovation its tradition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,308,571,023$1,300,714,621▼ $7,856,402
Investments in Publicly Traded Securities$1,132,050,314$1,029,510,165▼ $102,540,149
Prepaid Expenses and Deferred Charges$154,009,822$169,521,980▲ $15,512,158
Accounts Receivable$103,097,236$100,247,783▼ $2,849,453
Savings and Temporary Cash Investments$60,004,541$68,415,292▲ $8,410,751
Other Notes and Loans Receivable, Net$28,155,865$27,507,794▼ $648,071
Inventories for Sale or Use$2,572,731$2,506,768▼ $65,963
Receivable From Disqualified Prsn$0$423,688▲ $423,688
Receivables From Officers Etc$222,079$0▼ $222,079
Cash and Non-Interest-Bearing Accounts$16,491$14,075▼ $2,416
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$2,788,700,102$2,738,822,163▼ $49,877,939
Other Assets Total$0$39,959,997▲ $39,959,997
Liabilities
Other Liabilities$524,671,347$541,925,108▲ $17,253,761
Mortgage Notes Payable Secured by Investment Property$433,103,405$432,499,911▼ $603,494
Deferred Revenue$268,856,560$220,908,349▼ $47,948,211
Accounts Payable and Accrued Expenses$185,772,244$142,885,737▼ $42,886,507
Total Liabilities$1,412,403,556$1,338,219,105▼ $74,184,451
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$935,221,628$921,199,077▼ $14,022,551
Net Assets With Donor Restrictions$441,074,918$479,403,981▲ $38,329,063
Total Net Assets Fund Balance$1,376,296,546$1,400,603,058▲ $24,306,512
Total Liabilities and Net Assets / Fund Balance$2,788,700,102$2,738,822,163▼ $49,877,939

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$655,861,385$442,093,026-
Other Land Buildings$171,465,076$134,672,296-
Land$423,289,676--
Equipment$47,406,518$72,418,443-
Leasehold Improvements$2,691,966$11,352,849-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$451,280,429$4,988,546▲ $46,929,332$3,299,199$490,278,063
2023$419,158,896$5,310,976▲ $38,420,869$3,072,142$451,280,429
2022$395,517,607$5,269,256▲ $30,328,080$2,812,927$419,158,896
2021$430,934,791$3,067,835▼ $25,884,031$2,815,190$395,517,607
2020$467,986,894$3,209,452▼ $27,078,884$2,945,144$430,934,791
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven HoffmanProfessor/Senior Advisor/Advisor/Endowed ChairFT$474,033$19,377$493,410
DR RHONDA L LentonPresident and Vice Chancellor / ProfessorFT$302,042$109,995$412,037
David PetersVice-President Academic and Provost/ProfessorFT$277,163$98,626$375,789
James OrbinskiProfessor/Director, Organized Research Unit Faculty BasedFT$352,411$19,575$371,986
Lilian K NgProfessor, Endowed ChairFT$351,894$19,326$371,220
Detlev ZwickDean/Associate ProfessorFT$311,248$53,768$365,016
Jim ClaytonProfessor / Endowed Chair / DirectorFT$341,031$19,575$360,606
Lisa Colleen PhilippsProvost and Vice President Academic / Senior Advisor / ProfessorFT$248,812$55,668$304,480
Marcia A AnnisetteVice Provost Academic/ProfessorFT$267,372$34,767$302,139
Amir AsifVP Research & Innov./prof./s Adv.FT$231,901$53,236$285,137
Rui WangFormer Int. VP Research & InnovationFT$235,841$46,590$282,431
Laina Bay-ChengVice-President Equity, People & Culture (interim)FT$229,252$40,397$269,649
Susana Gajic-BruyeaVice President, AdvancementFT$207,135$54,916$262,051
Lyndon MartinVice Provost Academic / ProfessorFT$203,541$43,088$246,629
Carol McAulayVice President Finance and AdministrationFT$201,043$45,545$246,588
E Louise SpencerFormer Int. VP Advancement / Assistant VP Development-$182,423$33,252$215,675
Rose BrushwoodVice-Provost Teaching and Learning/ProfessorFT$178,946$35,813$214,759
Marie-Helene BudworthMember - Board of Governors-$178,775$35,813$214,588
Alice MacLachlanVice-Provost and Dean/Professor/Graduate Program DirectorFT$174,233$35,381$209,614
Alice Jane PittProfessorFT$165,966$30,654$196,620
Michael GiudiceMember - Board of Governors-$143,086$19,502$162,588
Ruth GreenMember - Board of Governors-$112,535$16,300$128,835
Wenona RobinsonVice Provost, Academic / Senior Advisor /ProfessorFT$115,984$10,760$126,744
Joanie Cameron PritchettMember - Board of Governors-$110,502$15,411$125,913
Naomi IerulloMember - Board of Governors-$61,716$11,566$73,282
Stefanie Lamonaca CaputoMember - Board of Governors-$61,721$7,996$69,717
Kishinchandani NarinderVice-President Office of VPFA-$33,595$3,702$37,297
Sheraz ArshadMember - Board of Governors-$10,793-$10,793
Harshit JaiswalMember - Board of Governors-$8,427-$8,427

Board Members and Trustees

NameTitle
Paul TsaparisChair of the Board
Antonio Di DomenicoMember - Board of Governors
Ariana MahMember - Board of Governors
Bergeron DouglasMember - Board of Governors
Bobbi-Jean WhiteMember - Board of Governors
Carole MaloMember - Board of Governors
David GargMember - Board of Governors
Dee PattersonMember - Board of Governors
Eugene RomanMember - Board of Governors
Francesca AccinelliMember - Board of Governors
Frank FazzariMember - Board of Governors
Helen PolatajkoMember - Board of Governors
Ingrid MinottMember - Board of Governors
Kenneth SilverMember - Board of Governors
Kimberly MurrayMember - Board of Governors
Konata LakeMember - Board of Governors
Loretta LamMember - Board of Governors
Mary TraversyMember - Board of Governors
Nadine SpencerMember - Board of Governors
Narendra SinghMember - Board of Governors
Noorez LalaniMember - Board of Governors
Shamshad MadhokMember - Board of Governors
Uma GopinathMember - Board of Governors
Kathleen TaylorChancellor

Highest Paid Contractors

ContractorServicesLocationCompensation
Stuart Olson Construction LimitedConstruction5700 Explorer Drive Suite 400, Mississauga, ONTARIO, Ca$19,808,913
Ball Construction LtdConstruction5 Shirley Ave Box 1202, Kitchener, ONTARIO, Ca$11,133,775
Harbridge & Cross LimitedConstruction350 Creditstone Road Suite 202, Concord, ONTARIO, Ca$4,343,688
BDA IncConstruction12 Drummond Street Suite 1, Etobicoke, ONTARIO, Ca$3,407,891
McCarthy TetraultLegal ServicesSuite 5300 TD Bank Tower, Toronto, ONTARIO, Ca$2,145,997
Revenue and Support

Revenue Composition

Contributions and Grants
$355,192,167
Program Service Revenue
$616,157,496
Investment Income
$48,060,122
Other Revenue
$-2,014,698
All Other Contributions
$22,218,949
Change in Net Assets
$-641,467

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Books and Publications-$408,425Other
Works of Art4$90,433Other - appraisal
Other Non Cash Contri Table1$68,035Other - APPRAISAL
Other Non Cash Contri Table3$703Other - APPRAISAL
Total Noncash Contributions8$567,596-

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$696,830,325
Other Expenses$231,561,179
Grants and Similar Amounts Paid$89,645,050
Total Fundraising Expense$4,941,669
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$494,683,290$52,972,453$3,630,471$551,286,214
Other Employee Benefits$117,681,634$22,044,251$967,293$140,693,178
Foreign Grants$89,595,007--$89,595,007
Depreciation Depletion-$40,007,453-$40,007,453
Occupancy$8,192,107$23,276,621-$31,468,728
Information Technology$12,184,514$14,057,307-$26,241,821
Fees for Services Other$15,413,237$7,688,239$0$23,101,476
Interest$1,949,704$19,748,532-$21,698,236
Travel$18,133,377$1,659,354$82,272$19,875,003
Office Expenses$14,804,886$3,955,034$49,173$18,809,093
Advertising$6,258,066$1,579,028-$7,837,094
Current Officers, Directors, Trustees, and Key Employees-$3,897,113-$3,897,113
Other Expenses$963,811$2,891,434$212,460$3,855,245
Fees for Services Legal$100,053$3,413,569-$3,513,622
Comp Disqual Persons-$953,820-$953,820
Fees for Service Investment Mgmnt Fees-$477,939-$477,939
Fees for Services Accounting$32,225$49,345-$81,570
Grants to Domestic Orgs$50,043--$50,043
Royalties$10,192--$10,192
Total Functional Expenses$810,381,100$202,713,785$4,941,669$1,018,036,554

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Trustees of Boston UniversityBoston, MA501(c)(3)Research$27,991
Trustees of Dartmouth CollegeHanover, NH501(c)(3)Research$12,919

International Summary

Offices
2
Employees
11,761
Spending
$843,324,353

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North America (Canada & Mexico only)Investments-10$716,907,208
Europe (Including Iceland and Greenland)Investments-00$125,513,318
East Asia and the PacificGrantmaking-00$271,123
Europe (Including Iceland and Greenland)Grantmaking-00$177,665
South AmericaGrantmaking-00$143,545
Sub-Saharan AfricaGrantmaking-00$118,649
Middle East and North AfricaGrantmaking-00$106,916
North America (Canada & Mexico only)Grantmaking-111,761$50,043
Central America and the CaribbeanGrantmaking-00$35,886
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$52,670
Fundraising Gross Income$40,241
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2025 Lions Cup$117,965$40,241$6,271$33,970
Event 2-$0-$0
Total Events$117,965$40,241$52,669$-12,428
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$423,688▲ $423,688
Receivables from Officers, Directors, Trustees, and Key Employees$222,079$0▼ $222,079
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Payables and Liabilities$328,669,376
Current Portion of Lt Liabilities$212,650,340
Federal Income Taxes$605,392
Deferred Capital Contributions-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

“Form 990 is reviewed by the university comptroller before it is filed.”

Form 990, Part VI, Line 12C Conflict of interest policy

“On an annual basis, the board of governors are asked to complete a questionnaire declaring their employer, whether they have controlling interest/partnership, and any other directorship. The board of governors are also asked to declare any conflicts of interest that may arise throughout the year.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The compensation of the president is determined by a written employment contract (that will include the performance evaluation and compensation) and approved by the board. The university also has an independent process for the evaluation and compensation of officers. York university has a policy for conflict of interest that applies to all the employees of the university.”

Form 990, Part VI, Line 19 Required documents available to the public

“Governing documents and audited financial statements are available to the public on the university's website at www.yorku.ca.”

Form 990, Part VII, Section A PART VII, SECTION A COMPENSATION

“Employees of the university are not u.s. Residents or u.s. Employees; therefore, the university did not file form w-2s for the individuals employed during the tax year.”

Filing and Contact Details

Filer

Filer Name
York University
EIN
23-7069967
Phone
4167365811
Address
CA

Signing Officer

Name
Rhonda L Lenton
Title
Dr.
Signed
2026-02-24
Discuss with paid preparer
Yes

Organization Details

Formed
1959
Voting Board Members
33
Independent Board Members
32
Employees
0
Volunteers
1,873

Preparer

Firm
Ernst & Young US Llp
Address
1101 NEW YORK AVENUE NW, Washington, DC 20005
Preparer
Amber N Doane
Phone
2023276000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

“REVALUATION DIFFERENCE - 23030370; Total - 23030370;”

Form 990, Part XII, Line 2C Part XII - financial statements and accountant selection committee

“The organization has an audit committee who oversees the audit of its financial statements and selects its independent accountants.”

Conversion Rates Changes

“Conversion rates changes: financials were converted from canadian dollers to us dollers at the rate of 0.7177 for flow values and 0.7246 for stock values.”

Financial Statement Notes

Schedule D, Part III, Line 4 Collections of art - description of collections

“Collections concentrate on inuit, historical and contemporary art and are used for exhibition and particularly for research and as study collections in teaching.”

Schedule D, Part V, Line 4 Intended uses of endowment funds

“The intended use of the university's endowment fund is to fund scholarships/grants and university teaching positions/research chairs.”

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IRS990/Desc0In 2025, York University ranked as one of the world's top 38 universities in The Times Higher Education Impact Rankings for advancing the SDGs through world-class research, stewardship, outreach, and teaching. We have also been recognized as a Canada's Best Diversity Employer and one of Canada's Greenest Employers for the 12th year in a row. In November 2024, York University's Markham Campus officially opened its doors welcoming students state-of-the-art building for the start of the academic year. The new campus offers 14 innovative, interdisciplinary programs that focus on technology, entrepreneurship, experiential learning and will educate 4,200 students. In July 2025, York University officially established the School of Medicine as a new academic unit within the Faculty of Health. The 17 Sustainable Development Goals (SDGs) are at the heart of our current University Academic Plan 2020-2025: Building a Better Future and inform everything we do - from our academic and collaborative endeavors to our goal of achieving net-zero emissions by 2040. As we approach the halfway mark towards the SDGs' deadline, global challenges such as climate crisis, geopolitical conflicts, biodiversity loss, volatile labour markets, and rising inequality continue to present obstacles to the achievement of the SDGs and to the higher education sector more broadly. In Fall 2024, York University's Glendon College launched a new core Curriculum offering all undergraduates a shared foundation in knowledge and skills to foster intercultural competence, intellectual growth and a sense of community. A new library has opened at York University's Markham Campus. A $1.5 million investment from Bank of Montreal has helped launch the BMO Future Leaders Finance Lab at York University's Schulich School of Business. In January 2025, Osgoode Professional Development (OsgoodePD) at York University introduced SIMPLE (SIMulated Professional Learning Environment), an innovative legal simulation platform that is transforming how future lawyers learn.
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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,738,822,163
Liabilities
$1,338,219,105
Net assets
$1,400,603,058
Revenue
$1,017,395,087
Expenses
$1,018,036,554
Net income
-$641,467
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2,739$1,338$1,401$1,017$1,018$0.64