National Ballet of Canada

470 Queens Quay West
Toronto, ON M5V 3K4
Executive Director: Barry Hughson
Board Chair: David Binet

Charitable Reg. #:11905 1449 RR0001


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

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Audited financial statements for current and previous years available on the charity’s website.



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 70 cents are available for programs.

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About National Ballet of Canada:

National Ballet of Canada (National Ballet) was founded in 1951, with offices currently in Toronto, Ontario. National Ballet performs classical and contemporary ballet for the Canadian public. It seeks to show artistic excellence by attracting and developing dancers and musicians of the highest caliber. Moreover, it aims to be a national symbol of Canada’s cultural heritage. National Ballet performs annual Fall, Winter and Summer seasons, plus The Nutcracker. National Ballet has toured Canada, the United States and internationally.

National Ballet of Canada highlights its commitment to community outreach. It puts on a range of programs to provide families and youth, who would otherwise be unable, the opportunity to experience the ballet. The main program is YOU dance, which provides free workshops and performances to students in grades four to six. An example is Share the Magic, a program providing families dealing with poverty or illness, experienced by 94,400 audience members since 1986.

In F2018, National Ballet of Canada provided 96 performances to 169,301 audience members. Its most popular performance was The Nutcracker, with 52,183 audience members over 25 shows. National Ballet hosts 171 artists, including 75 dancers, 65 musicians, 16 wardrobe staff and 15 production staff.

In F2018, National Ballet of Canada provided 2,688 community outreach events for 2,487,933 attendees. During the year, 3,900 students participated in 130 YOU dance workshops. The largest event put on was World Ballet Day with 1,208,485 attendees. Moreover, 23,517 people attended 2139 in-studio classes.

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National Ballet of Canada is a large charity, with $16.1m from Canadian donations in F2018. In F2018, the government granted $6.8m to National Ballet, making up 16% of total revenues. Its box office sales totaled $13m, making up 31% of revenues. National Ballet’s administrative costs are 10% of revenues (excluding investment income) and its fundraising costs are 20% of donations. For every dollar donated to the charity, 70 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

In F2018, total funding reserves of $77.3m include $47m in endowments. Excluding endowed funds, the charity’s funding reserves can fund its programs for just over a year. Ci could not break out internally and externally endowed funds in F2018 and included total endowments when calculating program cost coverage.

This charity report is an update that has been sent to National Ballet of Canada for review. Changes and edits may be forthcoming.

Updated on May 17, 2019 by Parker Thomlinson.

Financial Review

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 9.8%10.1%8.5%
Fundraising costs as % of donations 20.1%19.8%19.1%
Total overhead spending 29.9%29.9%27.6%
Program cost coverage (%) 272.4%100.8%93.1%

Summary Financial Statements

All figures in $000s
Donations 14,81213,45012,963
Government funding 6,8086,0316,087
Fees for service 12,95714,31012,750
Special events 1,2571,2611,202
Investment income 5,7135,0543,233
Other income 812772900
Total revenues 42,35940,87837,135
Program costs 28,38228,80728,660
Administrative costs 3,5813,6042,885
Fundraising costs 3,2312,9172,710
Other costs 215230237
Total spending 35,40935,55834,492
Cash flow from operations 6,9505,3202,643
Capital spending 232133154
Funding reserves 77,31368,77764,021

Note: Ci has consolidated the audited financial statements of The National Ballet of Canada and The National Ballet of Canada, Endowment Foundation in its financial analysis. Ci has used the aggregate contributions to the Endowment Fund for the F2018 donor-endowed funds as the charity did not report the externally-endowed funds for 2018 in its F2018 audited financial statements. Ci reported the Endowment Foundation's unrealized investment gains in investment income, increasing total revenues by $5.2m in F2018, $767k in F2017, and $3.0m in F2016. Ci did not include transfers between the operating charity and the foundation in revenues and expenses, which were $3.2m in F2018, $3.4m in F2017, and $2.0m in F2016. 

Salary Information

Full-time staff: 103

Avg. Compensation: $202,849

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2018

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