L'Orchestre Symphonique De Quebec
Québec , QC G1R 2J5
General Director: Astrid Chouinard
Board Chair: Jean-Yves Germain
Website: www.osq.org
Charitable Reg. #: 11906 9532 RR0001
Charity Rating
Donor Accountability
Grade: D+
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency
Need for Funding
Spending Breakdown
Cents to The Cause
| ♦ | ♦ | ♦ | |
| 95¢ | |||
| 75¢ | |||
| avg | |||
| 65¢ | |||
| 50¢ | |||
| 2013 | 2014 | 2015 |
Full-time staff #80
Avg. Compensation $60,801
Top 10 Staff Salary Range
| $350k + | 0 |
| $300k - $350k | 0 |
| $250k - $300k | 0 |
| $200k - $250k | 0 |
| $160k - $200k | 0 |
| $120k - $160k | 1 |
| $80k - $120k | 3 |
| $40k - $80k | 6 |
| < $40k | 0 |
About L'Orchestre Symphonique De Quebec:
Founded in 1902, Orchestre Symphonique de Quebec (OSQ) is Canada’s oldest symphony orchestra. Its mission is to interpret and promote symphonies by offering concerts and musical activities to the public of all ages and walks of life in Quebec City and the surrounding areas.
OSQ is composed of 66 permanent musicians who perform pieces by Quebecois, Canadian and foreign composers. The Orchestre plays to over 100,000 people per year. It contributes to the cultural development of future generations through enriching school programs, including Symphonic Matinees for primary schools and repetitions for secondary schools. To support future generations in music, the OSQ regularly collaborates with the Conservatoire de Musique de Quebec and Université Laval’s Faculty of Music.
In 2016, OSQ was nominated twice in the 20th prix Opus in the Concert of the Year – Quebec category and was nominated for the Prize of Excellence of Arts and Culture by the Government of Quebec.
Financial Review:
Ci has consolidated audited financial statements of Orchestre Symphonique de Québec with figures of the Fondation de l’Orchestre Symphonique de Québec’s T3010A filings with the CRA. The Orchestre Symphonique de Quebec is considered a small-cap charity with donations of $732k in F2015. Its administrative costs are 13% of revenues and fundraising costs are 29% of donations. For every dollar donated, 59 cents goes towards the programs, falling outside of Ci’s reasonable range. The charity has funding reserves of $4.0m which can cover program costs for just over 7 months.
This report is an update that is being reviewed by l’Orchestre Symphonique de Québec. Changes and edits may be forthcoming.
Updated July 27, 2017 by Josh Lam.
Financial RatiosFiscal year ending August |
2015 | 2014 | 2013 |
|---|---|---|---|
| Administrative costs as % of revenues | 12.5% | 12.7% | 13.0% |
| Fundraising costs as % of donations | 28.7% | 32.5% | 40.7% |
| Program cost coverage (%) | 61.6% | 43.1% | 39.6% |
Summary Financial StatementsAll figures in $000s |
2015 | 2014 | 2013 |
|---|---|---|---|
| Donations | 732 | 893 | 836 |
| Government funding | 4,824 | 4,235 | 4,278 |
| Fees for service | 2,148 | 1,815 | 2,497 |
| Investment income | 12 | 11 | 3 |
| Other income | 31 | 2 | 3 |
| Total revenues | 7,747 | 6,956 | 7,618 |
| Program costs | 6,519 | 5,883 | 7,222 |
| Administrative costs | 966 | 884 | 991 |
| Fundraising costs | 210 | 291 | 341 |
| Other costs | 0 | 131 | 224 |
| Cash flow from operations | 53 | (232) | (1,159) |
| Funding reserves | 4,015 | 2,537 | 2,856 |
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The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publically-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability. .
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