Soulpepper Theatre Company
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
B
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
54%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 54 cents are available for programs.
My anchor
OVERVIEW
About Soulpepper Theatre Company:
Soulpepper Theatre Company is a 3-star charity with an average results reporting grade. Its reserve funds are within Ci’s reasonable range and can cover almost two years of program costs. For every dollar donated to Soulpepper Theatre Company, 54 cents are available to go to the cause, which is outside Ci’s reasonable range.
Soulpepper Theatre Company (Soulpepper) was founded in 1998 by a group of 12 Toronto theatre artists who wanted to create high-quality Canadian interpretations of classic and contemporary works. The charity serves artists, students, youth, and the broader community, through performances, training, and education programs. Soulpepper aims to increase access to the arts and strengthen community connections through theatre and cultural engagement.
The charity has two main programs: Artistic and Production, and Education. Soulpepper spent $3.9m on its programs and grants in F2025. Due to a change in fiscal year-end, F2025 covers the eight-month period from January 1, 2025 to August 31, 2025.
Artistic and Production was the charity’s largest program in F2025, representing 90% of program spending. The program includes artistic development, rehearsals, performances, and production activities that bring new and innovative theatrical works to audiences. In F2025, Soulpepper staged eight productions, reaching more than 65,000 attendees, including 20,000 new patrons. The charity also acts as a Recommender for the Ontario Arts Council’s Recommender Grants for Theatre Creators, to financially support theatre creators for developing new work through grants.
Education accounted for 10% of F2025 program spending. It provides training, mentorship, and learning opportunities for youth, emerging artists, and community members. In F2025, the program delivered 138 events and activities, engaging 17,255 attendees through free community events and more than 1,100 youths through free workshops.
My anchor
Results and Impact
In F2025, Soulpepper received 16 Dora Mavor Moore Award nominations. The nominations were awarded across multiple productions and categories, providing external recognition of the charity's theatre programming during the year.
Charity Intelligence has not yet rated Soulpepper Theatre Company on impact, which does not affect its overall star rating. While Ci highlights these key results, they may not completely represent the charity’s results and impact.
My anchor
Finances
Soulpepper’s audited financial statements follow activity-based costing which is a best practice. This means its expenses are clearly defined between program, administrative, and fundraising categories. Results for F2025 are not directly comparable to prior years because the charity changed its year-end, resulting in an eight-month fiscal period from January to August 2025.
Soulpepper had total revenues of $5.1m in F2025. It received $1.0m in donations, equal to 20% of revenue, and $1.1m in government funding, which is 21% of revenue. The charity’s main source of revenue was fees for service, which amounts to $1.9m or 37% of revenue.
The charity spent $3.9m on its programs, and grants accounting for 76% of its revenue.
Administrative costs were $870k, representing 19% of revenue (excluding investment income). Soulpepper spent $291k on fundraising in F2025, equal to 28% of donations. Total overhead spending was 46%. For every dollar donated to Soulpepper Theatre Company, 54 cents are available to go to the cause. This is outside Ci’s reasonable range.
The charity held $8.4m in reserve funds (cash and investments) in F2025, including $880k in donor-endowed funds. Excluding donor-endowed funds, these reserves can cover one year and four months of annual program costs. This is within Ci’s reasonable range.
This is a charity update that has been sent to Soulpepper Theatre Company by Neela Jalilian on June 11, 2026.
Financial Review
Fiscal year ending December
|
2025 | 2024 | 2023 |
|---|---|---|---|
| Administrative costs as % of revenues | 18.5% | 17.1% | 18.9% |
| Fundraising costs as % of donations | 28.0% | 14.0% | 23.8% |
| Total overhead spending | 46.5% | 31.1% | 42.6% |
| Program cost coverage (%) | 195.1% | 137.9% | 110.9% |
Summary Financial StatementsAll figures in $000s |
2025 | 2024 | 2023 |
|---|---|---|---|
| Donations | 1,041 | 2,732 | 2,156 |
| Government funding | 1,059 | 1,441 | 1,671 |
| Fees for service | 1,878 | 1,866 | 1,609 |
| Investment income | 408 | 378 | 367 |
| Other income | 717 | 634 | 921 |
| Total revenues | 5,103 | 7,051 | 6,724 |
| Program costs | 3,651 | 5,712 | 6,978 |
| Grants | 240 | 232 | 294 |
| Administrative costs | 870 | 1,142 | 1,201 |
| Fundraising costs | 291 | 381 | 512 |
| Total spending | 5,052 | 7,467 | 8,985 |
| Cash flow from operations | 51 | (416) | (2,261) |
| Capital spending | 0 | 4 | 30 |
| Funding reserves | 8,385 | 9,007 | 8,846 |
Note: 1. Deferred Contributions: Ci adjusted for deferred contributions. This affected total revenues by ($728k) in F2025, $58k in F2024, and ($1.6m) in F2023. 2. Deferred Revenue: Ci adjusted for deferred revenues. This affected total revenues by $650k in F2025, ($82k) in F2024, and $166k in F2023. 3. Amortization of Deferred Capital Contributions: Ci excluded amortization of deferred capital contributions. This affected revenue by ($62k) in F2025, ($75k) in F2024, and ($62k) in F2023. 4. Restricted Contributions: Ci included restricted contributions in donations. This affected revenues by $32k in F2023.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
2 |
$80k - $120k |
5 |
$40k - $80k |
1 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2025



My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-866-8666