Civic Intelligence

Dalhousie University

EIN 98-6001098 • 501(c)3 • Halifax, Nova Scotia, CA

Profile

To provide a university education at the undergraduate and graduate level in areas of: architecture & planning, agriculture, arts & social sciences, college of continuing education, computer science, dentistry, engineering, graduate studies, health professions, law, management, medicine, science and sustainability.

6283 Alumni CrescentHalifax, Nova Scotia B3H 4R2CA

www.dal.ca

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.37x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

1.11x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2025

Net Margin

48th percentile

5.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

34th percentile

3.8%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2025

Revenue Growth

23rd percentile

1.0%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$2,093,003,000

Up $14,942,000 (+0.7%) from 2024

Liabilities

Down

$773,363,000

Down $13,947,000 (-1.8%) from 2024

Net Assets

Up

$1,319,640,000

Up $28,889,000 (+2.2%) from 2024

Operations
Liabilities / Revenue75th percentileNet Margin48th percentile

Revenue

Up

$695,211,940

Up $2,431,940 (+0.4%) from 2024

Expenses

Up

$655,865,000

Up $3,759,000 (+0.6%) from 2024

Net Income

Down

$39,346,940

Down $1,327,060 (-3.3%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0B$2.0B$1.0B$0Assets 2011: $1,001,805,000Liabilities 2011: $434,089,000Net Assets 2011: $567,716,0002011Assets 2012: $1,050,567,000Liabilities 2012: $469,681,000Net Assets 2012: $580,886,0002012Assets 2013: $1,527,108,000Liabilities 2013: $625,836,000Net Assets 2013: $901,272,0002013Assets 2014: $1,540,839,000Liabilities 2014: $647,917,000Net Assets 2014: $892,922,0002014Assets 2015: $1,336,292,000Liabilities 2015: $566,407,000Net Assets 2015: $769,885,0002015Assets 2016: $1,299,101,000Liabilities 2016: $566,388,000Net Assets 2016: $732,713,0002016Assets 2017: $1,341,663,000Liabilities 2017: $545,221,000Net Assets 2017: $796,442,0002017Assets 2018: $1,465,191,000Liabilities 2018: $604,200,000Net Assets 2018: $860,991,0002018Assets 2019: $1,514,371,000Liabilities 2019: $618,780,000Net Assets 2019: $895,591,0002019Assets 2020: $1,478,112,000Liabilities 2020: $674,124,000Net Assets 2020: $803,988,0002020Assets 2021: $1,872,356,000Liabilities 2021: $801,513,000Net Assets 2021: $1,070,843,0002021Assets 2022: $2,012,270,000Liabilities 2022: $826,282,000Net Assets 2022: $1,185,988,0002022Assets 2023: $1,941,069,000Liabilities 2023: $782,972,000Net Assets 2023: $1,158,097,0002023Assets 2024: $2,078,061,000Liabilities 2024: $787,310,000Net Assets 2024: $1,290,751,0002024Assets 2025: $2,093,003,000Liabilities 2025: $773,363,000Net Assets 2025: $1,319,640,0002025

Highlighted filing

2025

Assets$2,093,003,000
Liabilities$773,363,000
Net Assets$1,319,640,000
Open 2025 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800M$600M$400M$200M$0Revenue 2011: $569,420,000Expenses 2011: $551,546,000Net Income 2011: $17,874,0002011Revenue 2012: $562,125,000Expenses 2012: $525,723,000Net Income 2012: $36,402,0002012Revenue 2013: $609,837,000Expenses 2013: $588,133,000Net Income 2013: $21,704,0002013Revenue 2014: $600,161,000Expenses 2014: $583,300,000Net Income 2014: $16,861,0002014Revenue 2015: $515,305,000Expenses 2015: $492,844,000Net Income 2015: $22,461,0002015Revenue 2016: $503,760,000Expenses 2016: $488,022,000Net Income 2016: $15,738,0002016Revenue 2017: $514,066,000Expenses 2017: $496,160,000Net Income 2017: $17,906,0002017Revenue 2018: $543,867,000Expenses 2018: $518,067,000Net Income 2018: $25,800,0002018Revenue 2019: $579,361,000Expenses 2019: $548,107,000Net Income 2019: $31,254,0002019Revenue 2020: $587,340,000Expenses 2020: $550,594,000Net Income 2020: $36,746,0002020Revenue 2021: $577,474,000Expenses 2021: $530,659,000Net Income 2021: $46,815,0002021Revenue 2022: $654,417,000Expenses 2022: $600,617,000Net Income 2022: $53,800,0002022Revenue 2023: $682,074,000Expenses 2023: $623,883,000Net Income 2023: $58,191,0002023Revenue 2024: $692,780,000Expenses 2024: $652,106,000Net Income 2024: $40,674,0002024Revenue 2025: $695,211,940Expenses 2025: $655,865,000Net Income 2025: $39,346,9402025

Highlighted filing

2025

Revenue$695,211,940
Expenses$655,865,000
Net Income$39,346,940
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$2,093,003,000
Liabilities
$773,363,000
Net assets
$1,319,640,000
Revenue
$695,211,940
Expenses
$655,865,000
Net income
$39,346,940
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2,093$773$1,320$695$656$39.3
2024Detailed filing. Detailed filing data is available for this year.$2,078$787$1,291$693$652$40.7
2023Detailed filing. Detailed filing data is available for this year.$1,941$783$1,158$682$624$58.2
2022Detailed filing. Detailed filing data is available for this year.$2,012$826$1,186$654$601$53.8
2021Detailed filing. Detailed filing data is available for this year.$1,872$802$1,071$577$531$46.8
2020Summary only. Only limited summary data is available for this year.$1,478$674$804$587$551$36.7
2019Summary only. Only limited summary data is available for this year.$1,514$619$896$579$548$31.3
2018Summary only. Only limited summary data is available for this year.$1,465$604$861$544$518$25.8
2017Summary only. Only limited summary data is available for this year.$1,342$545$796$514$496$17.9
2016Summary only. Only limited summary data is available for this year.$1,299$566$733$504$488$15.7
2015Summary only. Only limited summary data is available for this year.$1,336$566$770$515$493$22.5
2014Summary only. Only limited summary data is available for this year.$1,541$648$893$600$583$16.9
2013Summary only. Only limited summary data is available for this year.$1,527$626$901$610$588$21.7
2012Summary only. Only limited summary data is available for this year.$1,051$470$581$562$526$36.4
2011Summary only. Only limited summary data is available for this year.$1,002$434$568$569$552$17.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 2, 2026
Return Version
2024v5.2
Gross Receipts
$695,211,940
Mission and Program Overview

Mission

To provide a university education at the undergraduate and graduate level in areas of: architecture & planning, agriculture, arts & social sciences, college of continuing education, computer science, dentistry, engineering, graduate studies, health professions, law, management, medicine, science and sustainability.

To provide a university education at the under-graduate and graduate level in various areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$853,905,000$856,962,000▲ $3,057,000
Rtn Earn Endowment Incm Other Fnds$732,047,000$762,570,000▲ $30,523,000
Pd in Cap Srpls Land Bldg Eqp Fund$558,704,000$557,070,000▼ $1,634,000
Investments in Publicly Traded Securities$615,242,000$517,017,000▼ $98,225,000
Investments Other Securities$278,574,000$293,827,000▲ $15,253,000
Cash and Non-Interest-Bearing Accounts$250,457,000$291,899,000▲ $41,442,000
Accounts Receivable$56,856,000$45,919,000▼ $10,937,000
Prepaid Expenses and Deferred Charges$5,318,000$6,722,000▲ $1,404,000
Inventories for Sale or Use$1,784,000$1,580,000▼ $204,000
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,078,061,000$2,093,003,000▲ $14,942,000
Other Assets Total$15,925,000$79,077,000▲ $63,152,000
Liabilities
Deferred Revenue$379,321,000$377,116,000▼ $2,205,000
Other Liabilities$196,106,000$218,334,000▲ $22,228,000
Mortgage Notes Payable Secured by Investment Property$111,085,000$96,309,000▼ $14,776,000
Accounts Payable and Accrued Expenses$100,798,000$81,604,000▼ $19,194,000
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$787,310,000$773,363,000▼ $13,947,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,290,751,000$1,319,640,000▲ $28,889,000
Total Liabilities and Net Assets / Fund Balance$2,078,061,000$2,093,003,000▲ $14,942,000

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$686,354,000$223,004,000$909,358,000
Equipment$56,731,000$113,093,000$169,824,000
Land$90,344,000-$90,344,000
Other Land Buildings$23,472,000$35,620,000$59,092,000
Leasehold Improvements$63,000$1,064,000$1,127,000
Financial Derivatives$293,827,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$523,321,000$60,754,000▼ $60,100,000-$523,975,000
2023$497,425,000$47,457,000▼ $21,561,000-$523,321,000
2022$478,516,000$88,821,000▼ $69,912,000-$497,425,000
2021$447,807,000$50,997,000▼ $20,288,000-$478,516,000
2020$380,752,000$36,821,000▲ $30,234,000-$447,807,000
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
David AndersonDean, Faculty of MedicineFT$330,870$52,111$382,981
Kimberley BrooksPresident and Vice ChancellorFT$268,773$57,484$326,257
Frank HarveyProvostFT$271,724$17,080$288,804
Margitta KulczyckiVP Finance and AdministrationFT$248,627$38,757$287,384
Alice AikenVP Research & InnovationFT$231,799$39,486$271,285
Tobias KollmanProfessor - Faculty of MedicinFT$205,844$51,148$256,992
Matthew HebbVP Govt & Global RelationsFT$215,805$19,453$235,258
John NewhookDean Faculty of EngineeringFT$208,282$20,614$228,896
Jennifer HallAssoc Dean, Fac of MedicineFT$207,896$16,340$224,236
Sarah HardingDean, Schulich Law SchoolFT$203,076$15,821$218,897

Board Members and Trustees

NameTitle
Cheryl FraserChair
Louise SpiteriChair of Senate, ex officio
Kristan HinesVice Chair
Caroline ZayidBoard Appointee
Merle MacIsaacBoard Appointee
Alana RieyAlumni Appointee
Jo GalarneauAlumni Appointee
Paul BeesleyAlumni Appointee
Rustum SouthwellChancellor
Catherine MacPhersonGovernor in Council Appointee
Jay MacIsaacGovernor in Council Appointee
Joyce HoevenGovernor in Council Appointee
Randolph DegooyerGovernor in Council Appointee
Shona KinleyGovernor in Council Appointee
Ahsan HabibSenate Appointee
Angela SiegelSenate Appointee
Eshan AroraStudent Appointee
Mariam KnakriahStudent Appointee
Ryan DeeStudent Appointee

Highest Paid Contractors

ContractorServicesLocationCompensation
Bird Construction GroupConstruction20 DUKE ST, Bedford, NOVA SCOTIA, Ca$19,402,298
Aramark Canada LtdCatering5150 SPECTRUM WAY SUITE 200, Mississauga, ON, Ca$8,866,045
MCW Custom Energy Solutions LtdConstruction207 QUEENS QUAY WEST SUITE 615, Toronto, ON, Ca$8,828,346
Coastal Restoration Masonry LtdConstruction8 MILLS DR, Goodwood, NOVA SCOTIA, Ca$5,267,906
Firstonsite RestorationConstruction10 MATHESON BLVD W STE 210, Mississauga, ONTARIO, Ca$3,909,687
Revenue and Support

Revenue Composition

Contributions and Grants
$295,786,000
Program Service Revenue
$244,752,000
Investment Income
$49,155,940
Other Revenue
$105,518,000
All Other Contributions
$15,037,000
Change in Net Assets
$39,346,940

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
Other Non Cash Contri Table21$182,743Appraisal
Securities Miscellaneous3$21,427Life Insurance Prem
Books and Publications-$11,556Appraisal
Other Non Cash Contri Table156$5,041Appraisal
Other Non Cash Contri Table6$759Appraisal
Total Noncash Contributions186$221,526-

Audited Revenue Reconciliation

Revenue per Audited Statements
$695,376,000
Total Revenue per Audited Statements
$695,376,000
Total Revenue per Form 990
$695,376,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$380,772,000
Other Expenses$275,004,000
Total Fundraising Expense$7,826,000
Grants and Similar Amounts Paid$89,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$293,184,000$34,154,000$5,860,000$333,198,000
Depreciation Depletion$35,324,000--$35,324,000
Office Expenses$31,337,000$3,146,000$352,000$34,835,000
Other Employee Benefits$24,693,000$3,323,000$421,000$28,437,000
Information Technology$17,519,000$656,000$109,000$18,284,000
Pension Plan Contributions$15,707,000$1,471,000$550,000$17,728,000
Travel$11,723,000$527,000$126,000$12,376,000
All Other Expenses$6,982,000--$6,982,000
Interest$4,318,000$616,000$30,000$4,964,000
Other Expenses$2,840,000$3,462,000$378,000$2,840,000
Current Officers, Directors, Trustees, and Key Employees-$1,409,000-$1,409,000
Grants to Domestic Individuals$89,000--$89,000
Total Functional Expenses$599,275,000$48,764,000$7,826,000$655,865,000

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$657,233,000
Expenses per Audited Statements$655,331,000
Total Expenses per Form 990$655,331,000
Expenses Not Reported on Form 990$1,902,000
International Activity

International Summary

Offices
1
Employees
8,852
Spending
$655,865,000

International Compliance

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 AmericaProgram ServicesUniversity Operations18,852$655,865,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Capital Contributions$200,973,000
Long Term Deferred Deposit$14,969,000
Employee Future Benefits$2,392,000
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI: Section B - Policies 11B

“The controller's office compares the current year's form 990 and required schedules to the prior year for new information/schedules required. Analysis of current year data to prior year data is done to ensure accuracy and completeness of information provided. Conversion from canadian to american currency is done at the exchange rate available at march 31 of each year for balance sheet items, and at the monthly average exchange rate for the income statement. Comparison of data to the university audited consolidated financial statements is done to ensure accuracy before conversion to us dollars.”

Part VI: Section B - Policies 12: Conflict of Interest

“Dalhousie university has a written conflict of interest policy. Board members will disclose conflicts of interest to the chair of the board, as they arise.”

Part VI: Section B - Policies 15

“When a senior search is underway, the hiring party contacts the avp human resources and requests a summary of available salary data which is extracted from multiple salary survey portals subscribed to by human resources. Where comparable do not exist, hr reaches out to senior hr colleagues in other canadian universities and asks for comparable salary information. This process applies to all senior positions.”

Part VI: Section C - Disclosure 19

“Dalhousie university's policies and annual audited financial statements are available through the financial services website - www.dal.ca/dept/financial-services and www.dal.ca/dept/university_secretariat”

Filing and Contact Details

Filer

Filer Name
Dalhousie University
EIN
98-6001098
In Care Of
% CATHIE O'TOOLE
Phone
9024943862
Address
CA

Signing Officer

Name
Tanya MacRae
Title
Controller
Phone
9024942307
Signed
2026-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathie O'Toole
Formed
1818
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
18
Employees
0
Volunteers
1,000

Preparer

Firm
Doane Grant Thornton Llp
Address
CA
Preparer
Amy Zhang
Phone
4163660100
Supplemental Narrative

Additional Explanations

Part III 4D Other program services

“Others include capital, special purpose and endowment services.”

Part XI Line 9

“Other changes in net assets or fund balances: this amount includes employee future benefits and foreign exchange adjustment”

Financial Statement Notes

Part III

“Library collections are maintained for educational purposes.”

Part III 1A

“Fine artworks are recorded in the financial statements at nominal value.”

Part V: Endowment Funds

“The intended use of the Endowment funds are to provide stable and sustainable annual spending allocations in support of student assistance, academic chairs and salaries, research, library acquisitions, etc”

Part X: Other Liabilities

“Deferred capital contributions represent the unamortized amount of grants and donations received for the purchase of capital assets. The amortization of deferred capital contributions is recorded as revenue in the Consolidated Statement of Revenue, Expenses and Changes in Operating Surplus. Employee Future Benefits represent current obligation.”

Part XII 2D:

“Related to an adjustment in employee pension contributions as a result of revised funding requirements per actuarial valuation. Remeasurement gains have been recognized in the statement of changes in net assets.”

Raw XML AppendixShowing 400 of 961 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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