The Pontifical Institute of Mediaeval Studies
Publicly funded institution · Toronto, Ontario · BN 859941361RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($3,660,990) as filed with the CRA.
The Pontifical Institute of Mediaeval Studies is a charitable organization based in Toronto, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending April 30, 2024, it reported $3.7M in revenue and $3.7M in expenditures.
Its funding that year was roughly 25% from donations, 66% from other charities. In 2024, 5 other registered charities reported granting it a combined $1.2M.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 24% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 12 permanent full-time positions.
Its filed list of directors and trustees shows 11 names.
In its own words
1. Personal research projects of the senior professors. 2. Providing research facilities particularly holdings for use of professors students and other qualified scholars wishing to use them. 3. Offering courses seminars and academic direction to graduate students in the university of toronto. 4. Publication of learned monographs and articles concerning in the medieval period. 5. Conducting limited number of conferences and symposia. 6. Granting financial aid to qualified students. 7. Support for chair in manuscript studies.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $3.7M | $3M | $0 | — | $161K |
| 2023 | $3.1M | $3.3M | $2.4M | — | $271K | $251K |
| 2022 | $2.7M | $2.9M | $2.2M | — | $175K | $58K |
| 2021 | $2.6M | $2.6M | $2.1M | — | $13K | $255K |
| 2020 | $2.9M | $2.8M | $2.2M | — | $13K | $370K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1.2M from 5 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $80,000–119,9995 positions
- $40,000–79,9994 positions
- Permanent full-time positions12
- Total compensation, all staff$1.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Augustine Thompson (president); Kevin Storey (director); David Sylvester (director); John Boissonneau (director); Paul Barnicke (director); Anthony Comper (chair); William Bennett (vice chair); Richard Alway (director); Carol Neal (treasurer); Paul Harris (director); Julie DI Lorenzo (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Pontifical Institute of Mediaeval Studies’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 859941361RR0001), or read how we compute the receipt.