Canadian Stage
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
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
Fiscal year ending June
|
2022 | 2021 | 2020 |
|---|---|---|---|
| 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 StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 1,600 | 1,540 | 1,575 |
| Goods in kind | 0 | 0 | 28 |
| Government funding | 3,679 | 3,879 | 3,936 |
| Fees for service | 253 | 33 | 1,071 |
| Special events | 254 | 86 | 132 |
| Other income | 274 | (183) | 427 |
| Total revenues | 6,060 | 5,355 | 7,169 |
| Program costs | 4,317 | 2,447 | 4,192 |
| Donated goods exp | 0 | 0 | 28 |
| Administrative costs | 882 | 809 | 1,061 |
| Fundraising costs | 631 | 513 | 570 |
| Total spending | 5,829 | 3,770 | 5,851 |
| Cash flow from operations | 230 | 1,585 | 1,319 |
| Capital spending | 51 | 142 | 119 |
| Funding reserves | 3,542 | 3,616 | 1,858 |
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
$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:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-367-8243