Civic Intelligence

University of Toronto

EIN 98-6001141 • 501(c)3 • Toronto, Ontario, CA

Profile

The University of Toronto's vision is to be a leader among the worlds best public universities in its discovery, preservation and sharing of knowledge through its teaching and research and its commitment to excellence and equality.

777 Bay Street Suite 2502Toronto, Ontario M5G 2C8CA

www.utoronto.ca

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.32x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

1.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

10th percentile

$507,085

Higher top officer pay than 10% of similar nonprofits.

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

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

Asset Growth

28th percentile

3.8%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2024 to 2025

Revenue Growth

21st percentile

2.8%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets53rd percentile

Using 2023 Form 990 data because the latest 2025 filing does not report standard financial totals.

Assets

Down

$10,285,716,000

Down $175,785,000 (-1.7%) from 2022

Liabilities

Down

$3,493,611,000

Down $199,196,000 (-5.4%) from 2022

Net Assets

Up

$6,792,105,000

Up $23,411,000 (+0.3%) from 2022

Operations
Liabilities / Revenue73rd percentileNet Margin62nd percentile

Revenue

Up

$3,214,233,000

Up $163,807,000 (+5.4%) from 2022

Expenses

Up

$2,799,769,000

Up $80,553,000 (+3.0%) from 2022

Net Income

Up

$414,464,000

Up $83,254,000 (+25%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$15B$10B$5.0B$0Assets 2011: $4,640,496,000Liabilities 2011: $2,744,093,000Net Assets 2011: $1,896,403,0002011Assets 2012: $4,880,159,000Liabilities 2012: $3,035,267,000Net Assets 2012: $1,844,892,0002012Assets 2013: $7,319,262,000Liabilities 2013: $4,331,020,000Net Assets 2013: $2,988,242,0002013Assets 2014: $7,220,178,000Liabilities 2014: $3,553,935,000Net Assets 2014: $3,666,243,0002014Assets 2015: $7,149,492,000Liabilities 2015: $3,342,455,000Net Assets 2015: $3,807,037,0002015Assets 2016: $6,408,769,000Liabilities 2016: $3,103,603,000Net Assets 2016: $3,305,166,0002016Assets 2017: $6,996,361,000Liabilities 2017: $2,848,992,000Net Assets 2017: $4,147,369,0002017Assets 2018: $7,716,936,000Liabilities 2018: $3,081,453,000Net Assets 2018: $4,635,483,0002018Assets 2019: $7,898,729,000Liabilities 2019: $2,996,565,000Net Assets 2019: $4,902,164,0002019Assets 2020: $8,045,063,000Liabilities 2020: $3,221,847,000Net Assets 2020: $4,823,216,0002020Assets 2021: $9,472,643,000Liabilities 2021: $3,296,097,000Net Assets 2021: $6,176,546,0002021Assets 2022: $10,461,501,000Liabilities 2022: $3,692,807,000Net Assets 2022: $6,768,694,0002022Assets 2023: $10,285,716,000Liabilities 2023: $3,493,611,000Net Assets 2023: $6,792,105,0002023

Latest loaded filing

2023

Assets$10,285,716,000
Liabilities$3,493,611,000
Net Assets$6,792,105,000
Open 2023 Filing

Operations Trend

Revenue Growth21st percentile

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

$4.0B$3.0B$2.0B$1.0B$0Expenses 2011: $2,313,918,0002011Expenses 2012: $2,437,873,0002012Expenses 2013: $2,389,946,0002013Revenue 2014: $2,547,551,000Expenses 2014: $2,355,523,000Net Income 2014: $192,028,0002014Revenue 2015: $2,470,239,000Expenses 2015: $2,219,842,000Net Income 2015: $250,397,0002015Revenue 2016: $2,210,887,000Expenses 2016: $2,050,809,000Net Income 2016: $160,078,0002016Revenue 2017: $2,444,513,000Expenses 2017: $2,127,662,000Net Income 2017: $316,851,0002017Revenue 2018: $2,635,200,000Expenses 2018: $2,272,601,000Net Income 2018: $362,599,0002018Revenue 2019: $2,730,190,000Expenses 2019: $2,346,611,000Net Income 2019: $383,579,0002019Revenue 2020: $2,719,637,000Expenses 2020: $2,388,578,000Net Income 2020: $331,059,0002020Revenue 2021: $3,059,060,000Expenses 2021: $2,503,934,000Net Income 2021: $555,126,0002021Revenue 2022: $3,050,426,000Expenses 2022: $2,719,216,000Net Income 2022: $331,210,0002022Revenue 2023: $3,214,233,000Expenses 2023: $2,799,769,000Net Income 2023: $414,464,0002023

Latest loaded filing

2023

Revenue$3,214,233,000
Expenses$2,799,769,000
Net Income$414,464,000
Open 2023 Filing

Filings

Most recent year

2025 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Summary only. Only limited summary data is available for this year.$10,286$3,494$6,792$3,214$2,800$414
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10,462$3,693$6,769$3,050$2,719$331
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9,473$3,296$6,177$3,059$2,504$555
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8,045$3,222$4,823$2,720$2,389$331
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7,899$2,997$4,902$2,730$2,347$384
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7,717$3,081$4,635$2,635$2,273$363
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6,996$2,849$4,147$2,445$2,128$317
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6,409$3,104$3,305$2,211$2,051$160
2015Detailed filing. Detailed filing data is available for this year.$7,149$3,342$3,807$2,470$2,220$250
2014Detailed filing. Detailed filing data is available for this year.$7,220$3,554$3,666$2,548$2,356$192
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7,319$4,331$2,988$2,390
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4,880$3,035$1,845$2,438
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4,640$2,744$1,896$2,314
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Dec 22, 2025
Return Version
2024v5.2
Mission and Program Overview

Mission

The University's vision is to be a leader among the world's best public universities in its discovery, preservation and sharing of knowledge through its teaching and research and its commitment to excellence and equity.

Filing and Contact Details

Filer

Filer Name
Governing Council of the University of
EIN
98-6001141
In Care Of
% FINANCIAL SERVICES DEPARTMEN
Phone
4163068750
Address
CA

Signing Officer

Name
Lisa Becker
Title
COO
Phone
4163068750
Signed
2025-12-22
Discuss with paid preparer
Yes

Preparer

Firm
Kpmg Llp
Address
CA
Preparer
Robert Medves
Phone
4167778500
Raw XML Appendix94 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.

Path#Value
IRS1120ScheduleD/CapitalGainNetIncomeAmt0937672
IRS1120ScheduleD/DisposeInvestmentQOFInd0false
IRS1120ScheduleD/Form4797GainOrLossAmt0753380
IRS1120ScheduleD/NetCapitalGainAmt0937672
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt0938453
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt0-781
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0185073
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0-781
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0185073
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0SCHEDULE K-1
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt0185073
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt0-781
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0SCHEDULE K-1
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt0-781
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/AvlblPre2018NOLCarryoverAmt00
IRS990T/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FINANCIAL SERVICES DEPARTMENT
IRS990T/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt0215 HURON STREET
IRS990T/BooksInCareOfDetail/ForeignAddress/CityNm0TORONTO
IRS990T/BooksInCareOfDetail/ForeignAddress/CountryCd0CA
IRS990T/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd0M5S 1A2
IRS990T/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm0ONTARIO
IRS990T/BooksInCareOfDetail/PhoneNum04163068750
IRS990T/BookValueAssetsEOYAmt00
IRS990T/CharitableContributionsDedAmt02813
IRS990T/ForeignAccountsQuestionInd0true
IRS990T/ForeignTaxPdWithheldAtSrceAmt0235435
IRS990T/ForeignTrustQuestionInd0true
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/OverpaymentAmt0179406
IRS990T/OverpaymentSection/RefundAmt0179406
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt01040334
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0551112
IRS990TScheduleA/CapitalGainNetIncomeAmt0937672
IRS990TScheduleA/NetOperatingLossDeductionAmt01040334
IRS990TScheduleA/PrincipalBusinessActivityCd0551112
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0373282
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt01310954
IRS990TScheduleA/TotUnrltTrdBusIncmAmt01310954
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0INVESTMENT HOLDING COMPANY AND COMMERCIAL REAL ESTATE INVESTMENTS
IRS990TScheduleA/UBIBeforeNOLDedAmt01310954
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0270620
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt056029
IRS990T/TaxLessCreditsAmt056029
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt0235435
IRS990T/TotalTaxAmt056029
IRS990T/TotalTaxComputationAmt056029
IRS990T/TotalUBTIAmt0266807
IRS990T/TotalUBTIBeforeNOLSpecificAmt0267807
IRS990T/TotalUBTIBeforeSection199AAmt0267807
IRS990T/TotalUBTIComputedAmt0270620
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA BECKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum04163068750
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOVERNING COUNCIL OF THE UNIVERSITY OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TORONTO
ReturnHeader/Filer/BusinessNameControlTxt0GOVE
ReturnHeader/Filer/EIN0986001141
ReturnHeader/Filer/ForeignAddress/AddressLine1Txt0777 BAY STREET SUITE 2502
ReturnHeader/Filer/ForeignAddress/CityNm0TORONTO
ReturnHeader/Filer/ForeignAddress/CountryCd0CA
ReturnHeader/Filer/ForeignAddress/ForeignPostalCd0M5G 2C8
ReturnHeader/Filer/ForeignAddress/ProvinceOrStateNm0ONTARIO
ReturnHeader/Filer/InCareOfNm0% FINANCIAL SERVICES DEPARTMEN
ReturnHeader/Filer/PhoneNum04163068750
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0980173533
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/AddressLine1Txt0333 Bay St Suite 4600
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/CityNm0Toronto
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/CountryCd0CA
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/ForeignPostalCd0M5H 2S5
ReturnHeader/PreparerFirmGrp/PreparerForeignAddress/ProvinceOrStateNm0ON
ReturnHeader/PreparerPersonGrp/PhoneNum04167778500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT MEDVES
ReturnHeader/ReturnTs02025-12-22T15:00:40-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02024-05-01
ReturnHeader/TaxPeriodEndDt02025-04-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $1B+ nonprofits