26 Berkeley Street
Toronto, ON M5A 2W3
Executive Director: Monica Esteves
Board Chair: Alexandra Baillie

Charitable Reg. #:11922 0028 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 1/5]

FINANCIAL TRANSPARENCY

Audited financial statements available only through official request for information from Charities Directorate.

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.

51%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 51 cents are available for programs.



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OVERVIEW

About Canadian Stage:

Canadian Stage is a one-star charity that is not financially transparent. It has an average results reporting grade. For every dollar donated to the charity, 51 cents are available to go to the cause, which is outside Ci's reasonable range. Read Ci's report before donating.

Founded in 1988 through a merger of Centre Stage Company and Toronto Free Theatre, Canadian Stage is a contemporary performing arts organization. Canadian Stage produces and presents theatre and dance performances in Toronto. The charity works with local artists and partners to create these performances. Canadian Stage’s productions are performed at three venues: the Bluma Appel Theatre at TO Live; the Berkeley Street Theatre; and the High Park Amphitheatre.

Canadian Stage performed four in-theatre shows and four outdoor shows in High Park in F2022. The charity reported it reached 20,637 audience members in its Spring season and 23,000 people through its summer performances in High Park. Canadian Stage also helped create six new theatre and dance works in F2022. The charity reports it has performed 500 shows for 4,900,000 audience members since its founding. The charity also states it worked with over 5,000 artists to create 331 new Canadian productions.

Canadian Stage reports ten performances will be performed in the 2023-2024 season. This consists of eight theatre and two dance performances.

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Results and Impact

The Dora Awards are Canada’s largest and oldest professional theatre, dance, and opera awards program. It recognizes excellence on Toronto stages. In F2022, Canadian Stage was nominated for 32 Dora Awards, the most by any single theatre in Canada. Canadian Stage won eight Dora Awards in F2022.

While Ci highlights these key results, they may not be a complete representation of Canadian Stage’s results and impact.

This charity is not yet rated on impact (n/r).

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Finances

Canadian Stage is not financially transparent. Ci received its audited financial statements from the CRA.  

Canadian Stage received $1.9m in donations and special events revenue in F2022. The charity also received $3.7m in government funding, representing 61% of revenue. Administrative costs are 15% of revenue, and fundraising costs are 34% of donations. This results in total overhead spending of 49%. For every dollar donated to the charity, 51 cents are available to go to the cause, which is outside Ci’s reasonable range.

Canadian Stage has $3.5m in reserve funds, of which, $1.7m is donor endowed. Excluding donor-endowed funds, the charity’s reserve funds can cover 44%, or five months of its annual program costs.

Ci has sent this profile update to Canadian Stage for review. Changes and edits may be forthcoming.

Updated on July 25, 2023 by Liam Chapleau

Financial Review


Financial Ratios

Fiscal year ending June
202220212020
Administrative costs as % of revenues 14.6%15.1%14.8%
Fundraising costs as % of donations 34.0%31.6%33.4%
Total overhead spending 48.6%46.7%48.2%
Program cost coverage (%) 43.5%68.5%3.6%

Summary Financial Statements

All figures in $000s
202220212020
Donations 1,6001,5401,575
Goods in kind 0028
Government funding 3,6793,8793,936
Fees for service 253331,071
Special events 25486132
Other income 274(183)427
Total revenues 6,0605,3557,169
Program costs 4,3172,4474,192
Donated goods exp 0028
Administrative costs 8828091,061
Fundraising costs 631513570
Total spending 5,8293,7705,851
Cash flow from operations 2301,5851,319
Capital spending 51142119
Funding reserves 3,5423,6161,858

Note: To report on a cash basis, Ci adjusted for deferred revenue, impacting revenue in the amount of ($67k) in F2022, $494k in F2021, and $1.2m in F2020. Ci included government funding reported below the line, impacting revenue by $1.0m in F2022, $1.3m in F2021, and ($nil) in F2020. Ci removed amortization from program costs to report on a cash basis. Ci removed donated goods in kind from donations and program costs and included it in donated goods in the amount of ($nil) in F2022, ($nil) in F2021, and $28k in F2020.

Salary Information

Full-time staff: 34

Avg. compensation: $87,391

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
2
$120k - $160k
4
$80k - $120k
0
$40k - $80k
4
< $40k
0

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.canadianstage.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-367-8243

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Charitable Registration Number: 80340 7956 RR0001