Theatre Calgary

220 9th Ave SE
Calgary , AB T2G 5C4
Executive Director: Colleen A. Smith
Board Chair: Chad Newcombe

Website: www.theatrecalgary.com
Charitable Reg. #: 11921 4013 RR0001
Sector: Arts & Culture
Operating Charity

Donor Accountability

Grade: B

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only upon request [ Audited financial statement for most recent year ]

Need for Funding

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Full-time staff #30

Avg. Compensation $67,130

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 2
$80k - $120k 4
$40k - $80k 4
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Theatre Calgary:

Workshop 14 and Musicians’ and Actors’ Club, Calgary’s two most prominent amateur theatre groups at the time, merged and formed MAC 14 in 1966. Two years later, MAC 14 became Theatre Calgary (TC), a fully professional theatre company. TC’s mission is to stimulate, provoke and delight through ambitious programming created to ignite local, national and international engagement. TC runs its mainstage performances at the Max Bell Theatre. Besides its mainstage theatre productions, Theatre Calgary also runs affordable theatre initiatives and interACTive pre- and post-show engagement programs for its clients.

Theatre Calgary’s mainstage theatre program ran 223 performances in 2016, selling 45,710 single tickets. Total attendance was 119,417 for the year, including student matinee attendance of 10,916 kids. The charity also reports 10,601 season subscriptions during the year. The theatre ran at 77% capacity.

Theatre Calgary’s Shakespeare by the Bow program (SBTB) ran The Tempest in 2016. SBTB is both an emerging artist program and affordable initiative run by the charity, where new artists perform at outdoor venues and people can watch the performance at no cost. The charity collects donations as given by attendees. In 2016, total attendance of 11,008 people was the highest it has been since the program started in 2012. TC reports that 38% of the audience had never attended a TC outdoor performance before, while 21% had never attended a TC performance at all. The charity collected $101,857 in on-site donations during the year, equal to $9.25 per attendee. SBTB showcased 11 new artists over the year. Of the 42 scheduled performances, TC cancelled 10 due to poor weather.

Theatre Calgary’s interACTive pre- and post-show engagement program activities included reaching 7,451 people with post-show Talkbacks in 2016 and running 36 backstage tours. Theatre Calgary is also active on social media to increase community engagement. The charity’s Twitter account had 40.4k impressions and 2,948 visits in 2016, with 7,825 followers. TC’s Facebook page has 4,810 followers and its Instagram account has 798 followers.

Financial Review:

The following financial analysis represents the consolidated financial position of Theatre Calgary and the Theatre Calgary Endowment Foundation.

Theatre Calgary is a medium-sized charity with donations and special events revenue of $1.7m in F2016. Administrative costs are 7% of revenues and fundraising costs are 39% of donations. Per dollar donated to the charity, $0.53 goes to the cause, which falls below Ci’s reasonable range for overhead spending. Theatre Calgary holds funding reserves total $11.5m, of which $2.3m are held in endowments by the Endowment Foundation. Excluding endowed funds, the charity’s reserves can cover annual program costs for just over 1.1 years.

This charity report is an update that is currently being reviewed by Theatre Calgary. Comments and edits may be forthcoming.

Updated on June 5, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending May
201620152014
Administrative costs as % of revenues 7.3%7.3%7.1%
Fundraising costs as % of donations 39.4%39.6%37.5%
Program cost coverage (%) 133.3%112.5%118.2%

Summary Financial Statements

All figures in $000s
201620152014
Donations 1,2801,2081,208
Goods in kind 731595614
Government funding 1,1931,1651,101
Fees for service 6,3896,3815,754
Business activities (net) 387448363
Special events 415342381
Investment income 72593955
Other income 443326
Total revenues 10,51010,76410,401
Program costs 8,6408,8358,180
Administrative costs 761740673
Fundraising costs 668614595
Cash flow from operations 441575953
Funding reserves 11,5169,9369,664
Note: Ci has consolidated TC and TC Foundation statements in the analysis affecting revenues, expenses and funding reserves for F2016, F2015 and F2014. Ci did not report transfers between the operating charity and endowment foundation, reducing revenues and expenses by $550k in F2016, $333k in F2015 and $1.2m in F2014. Ci did not report the endowment foundation’s gain on sale of investments, decreasing revenues by $198k in F2016, $316k in F2015 and $170k in F2014. Ci included the endowment foundation’s unrealized gains/losses in investment income and reported investment income net of investment management fees, affecting investment income by ($389k) in F2016, $186k in F2015 and $756k in F2014. Ci reported theatre rental and bar revenues gross of expenses in business activities. By reporting the endowment foundation’s investment management fees and unrealized gains/losses in revenues, total expenses changed by ($389k) in F201, $186k in F2015 and $756k in F2014. 

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