Revenue - CUDO 2016
I. Revenue and Expenses
I1. Revenue for the Fiscal Year Ended April 30, 2015 ($ thousands)
| Source |
General Expendable Funds |
Restricted Expendable Funds
|
Total
Expendable Funds |
Endowment
|
||||||||
|
Operating
|
Ancillary
|
Sponsored Research
|
Trust
|
Capital
|
||||||||
|
Operating
|
Other
NC |
Subtotal
|
Entities
Consolidated |
Entities
Not Consolidated |
Subtotal
|
|||||||
| Government Grants and Contracts: | ||||||||||||
| a) | Ontario MTCU | |||||||||||
| (i) Basic Formula Grant |
$143,903
|
$0
|
$143,903
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$143,903
|
$0
|
|
| (ii) Non-Formula Grant |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
| (iii) Other MTCU Grants & Contracts |
$33,129
|
$793
|
$33,922
|
$16
|
$935
|
$0
|
$935
|
$1,634
|
$3,618
|
$40,125
|
$0
|
|
| b) | Other Ontario Government Grants & Contracts |
$5,628
|
$86
|
$5,714
|
$0
|
$55,121
|
$0
|
$55,121
|
$17,261
|
$1,000
|
$79,096
|
$0
|
| Total Ontario Grants and Contracts |
$182,660
|
$879
|
$183,539
|
$16
|
$56,056
|
$0
|
$56,056
|
$18,895
|
$4,618
|
$263,124
|
$0
|
|
| c) | Federal |
$0
|
$198
|
$198
|
$0
|
$44,139
|
$0
|
$44,139
|
$0
|
$0
|
$44,337
|
$0
|
| d) | Municipal |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
| e) | Other Provinces |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
| f) | Foreign |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
| Fees | ||||||||||||
| a) | Tuition Fees |
$166,631
|
$10,496
|
$177,127
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$177,127
|
$0
|
| b) | Miscellaneous Fees |
$19,324
|
$1,080
|
$20,404
|
$44,355
|
$0
|
$0
|
$0
|
$0
|
$0
|
$64,759
|
$0
|
| Borrowings |
$0
|
$0
|
$0
|
($304)
|
$0
|
$0
|
$0
|
$0
|
$304
|
$0
|
$0
|
|
| Donations and Non-Govt Grants & Contracts |
$764
|
$0
|
$764
|
$0
|
$32,450
|
$0
|
$32,450
|
$14,437
|
$2,210
|
$49,861
|
$4,736
|
|
| Sales of Services and Products |
$0
|
$0
|
$0
|
$29,770
|
$0
|
$0
|
$0
|
$0
|
$0
|
$29,770
|
$0
|
|
| Investment Income | ||||||||||||
| a) | Endowment |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$13,213
|
$0
|
$13,213
|
$20,042
|
| b) | Other Investment Income |
$1,338
|
$0
|
$1,338
|
($224)
|
$304
|
$0
|
$304
|
$4,881
|
$1,152
|
$7,451
|
$0
|
| Miscellaneous |
$32,789
|
$1,731
|
$34,520
|
$4,926
|
$10,632
|
$0
|
$10,632
|
$9,793
|
$102
|
$59,973
|
$0
|
|
| Total |
$403,506
|
$14,384
|
$417,890
|
$78,539
|
$143,581
|
$0
|
$143,581
|
$61,219
|
$8,386
|
$709,615
|
$24,778
|
|
University of Guelph Financial Statements
Note: Miscellaneous Revenue includes the University of Guelph’s 50% share of the net operating results of the University of Guelph-Humber joint venture, accounted for using the equity method. Grant Revenue and Tuition Fees do not include any amounts pertaining to University of Guelph-Humber students.
Source: COU Financial Report of Ontario Universities, Table 2
I2. Expenses for the Fiscal Year Ended April 30, 2015 ($ thousands)
|
General Expendable Funds
|
Restricted Expendable Funds
|
Total
|
|||||||||
|
Type of Fund
|
Operating
|
Other Non Credit
|
Subtotal
|
Ancillary
|
Sponsored Research
|
|
|||||
| Object of Expense |
Entities Consolidated
|
Entities
Not Consolidated |
Subtotal
|
Trust
|
Capital
|
||||||
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
||
| Salaries and Wages | |||||||||||
| (i) | Academic Ranks |
$104,163
|
$1,310
|
$105,473
|
$0
|
$12,364
|
$0
|
$12,364
|
$3,055
|
$0
|
$120,892
|
| (ii) | Other Instruction & Research |
$12,688
|
$530
|
$13,218
|
$0
|
$19,282
|
$0
|
$19,282
|
$482
|
$0
|
$32,982
|
| (iii) | Other Salaries & Wages |
$94,172
|
$4,409
|
$98,581
|
$17,982
|
$46,061
|
$0
|
$46,061
|
$13,789
|
$0
|
$176,413
|
| Total Salaries and Wages |
$211,023
|
$6,249
|
$217,272
|
$17,982
|
$77,707
|
$0
|
$77,707
|
$17,326
|
$0
|
$330,287
|
|
| Employee Benefits |
$66,106
|
$1,585
|
$67,691
|
$3,836
|
$16,075
|
$0
|
$16,075
|
$4,454
|
$0
|
$92,056
|
|
| Total Salaries and Benefits |
$277,129
|
$7,834
|
$284,963
|
$21,818
|
$93,782
|
$0
|
$93,782
|
$21,780
|
$0
|
$422,343
|
|
| Library Acquisitions |
$7,129
|
$0
|
$7,129
|
$0
|
$0
|
$0
|
$0
|
$94
|
$0
|
$7,223
|
|
| Equipment and Furniture Purchases |
$8,233
|
$210
|
$8,443
|
$2,034
|
$8,937
|
$0
|
$8,937
|
$3,594
|
$4,695
|
$27,703
|
|
| Equipment Rental and Maintenance |
$4,948
|
$47
|
$4,995
|
$1,312
|
$1,741
|
$0
|
$1,741
|
$1,715
|
$0
|
$9,763
|
|
| Printing and Duplicating |
$1,263
|
$227
|
$1,490
|
$196
|
$599
|
$0
|
$599
|
$118
|
$0
|
$2,403
|
|
| Materials and Supplies |
$12,701
|
$424
|
$13,125
|
$2,262
|
$13,475
|
$0
|
$13,475
|
$3,814
|
$77
|
$32,753
|
|
| Communications |
$1,478
|
$110
|
$1,588
|
$0
|
$728
|
$0
|
$728
|
$522
|
$0
|
$2,838
|
|
| Professional Fees |
$4,773
|
$384
|
$5,157
|
$154
|
$1,518
|
$0
|
$1,518
|
$815
|
$0
|
$7,644
|
|
| Costs of Goods Sold |
$0
|
$0
|
$0
|
$10,570
|
$0
|
$0
|
$0
|
$0
|
$0
|
$10,570
|
|
| Travel |
$6,566
|
$551
|
$7,117
|
$173
|
$5,165
|
$0
|
$5,165
|
$511
|
$0
|
$12,966
|
|
| Utilities |
$10,492
|
$0
|
$10,492
|
$8,229
|
$4,865
|
$0
|
$4,865
|
$0
|
$0
|
$23,586
|
|
| Renovations and Alterations |
$0
|
$0
|
$0
|
$13,858
|
$0
|
$0
|
$0
|
$0
|
$3,815
|
$17,673
|
|
| Externally Contracted Services |
$8,084
|
$538
|
$8,622
|
$1,316
|
$5,204
|
$0
|
$5,204
|
$1,952
|
$0
|
$17,094
|
|
| Scholarships, Bursaries, etc. |
$20,093
|
$0
|
$20,093
|
$0
|
$3,878
|
$0
|
$3,878
|
$9,717
|
$0
|
$33,688
|
|
| Debt Repayments |
$0
|
$0
|
$0
|
$4,626
|
$0
|
$0
|
$0
|
$0
|
$5,918
|
$10,544
|
|
| Interest |
$0
|
$0
|
$0
|
$3,323
|
$0
|
$0
|
$0
|
$0
|
$8,883
|
$12,206
|
|
| Building, Land and Site Services |
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$0
|
$40,826
|
$40,826
|
|
| Other Operational Expenditures |
$11,641
|
$631
|
$12,272
|
$1,484
|
$2,105
|
$0
|
$2,105
|
$2,178
|
$90
|
$18,129
|
|
| Internal Cost Allocations |
($12,154)
|
$0
|
($12,154)
|
$5,016
|
$7,134
|
$0
|
$7,134
|
$4
|
$0
|
$0
|
|
| External Cost Recoveries |
($8,487)
|
($238)
|
($8,725)
|
$0
|
$0
|
$0
|
$0
|
($4,658)
|
$0
|
($13,383)
|
|
| TOTAL |
$353,889
|
$10,718
|
$364,607
|
$76,371
|
$149,131
|
$0
|
$149,131
|
$42,156
|
$64,304
|
$696,569
|
|
University of Guelph Financial Statements
Note: The University of Guelph accounted for its 50% share of the net operating results of the University of Guelph-Humber joint venture using the equity method. This table does not include expenses of the University of Guelph-Humber operations.
Source: COU. COFO-UO Financial Report