Art Gallery of Alberta

2 Sir Winston Churchill Square
Edmonton, AB T5J 2C1
Executive Director: Catherine Crowston
Board Chair: Barry Zalmanowitz

Charitable Reg. #:11923 0902 RR0001

STAR RATING

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

🔓
Unlock Charity Ratings

FINANCIAL TRANSPARENCY

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

C

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.

76%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 76 cents are available for programs.



My anchor

Programs

About Art Gallery of Alberta:

Founded in 1924, The Art Gallery of Alberta (AGA) is a museum focused on developing and presenting original exhibits of contemporary and historical art from around the world. AGA’s vision is to become the creative hub of Alberta and transform people’s lives through art. Outside of general operations, AGA runs numerous learning programs and the travelling exhibition (TREX) program.

In F2017, AGA acquired 27 new works of art with a combined value of $833k, bringing the museum's total number of works to 6,007. In F2017, AGA had 4,856 people become members.

The museum runs numerous education programs throughout the year. In F2017, AGA ran 445 programs for school groups that welcomed 11,617 participants. Apart from school groups, AGA runs adult education programs, youth education programs, birthday parties, art camps, weekend classes, and family programs.

The TREX program is a coordinated effort by numerous organizations such as the Alberta Foundation for the Arts, to allow residents to view visual art exhibitions in their own communities. AGA is responsible for the organization of the exhibitions for this program. the TREX program had a total of 96 bookings and 85,294 visitors in F2017.  

My anchor

Finances

Art Gallery of Alberta is a medium-sized charity with $2.3m in donations and special events fundraising in F2017. AGA also collected $1.3m in fees for service in F2017. Administrative costs are 11% of revenues and fundraising costs are 14% of donations. For every dollar donated, 76 cents go to its programs. This is within Ci’s reasonable range for overhead expenditures. AGA has net funding reserves of $3.8m of which $3.6m is donor-endowed. Excluding donor-endowed funds, reserves can cover program costs for less than 1 month.

This report is an update that has been sent to Art Gallery Alberta for review. Changes and edits may be forthcoming.

Updated July 11th, 2019 by Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending December
201720162015
Administrative costs as % of revenues 10.8%10.0%7.9%
Fundraising costs as % of donations 13.6%14.7%11.5%
Program cost coverage (%) 93.1%79.0%87.6%

Summary Financial Statements

All figures in $000s
201720162015
Donations 1,9251,8552,505
Government funding 2,5482,6332,734
Fees for service 1,2791,4401,544
Special events 282168305
Investment income 380354322
Other income 537742
Total revenues 6,4676,5277,451
Program costs 4,0614,4384,248
Administrative costs 658615563
Fundraising costs 300297324
Other costs 391477535
Cash flow from operations 1,0567011,782
Capital spending 000
Funding reserves 3,7823,5073,721

Note: Ci reconciled T3010 fillings with the audited financials to allocate program, admin, fundraising, and other expenses. Ci removed amortization pro-rata from program, admin, and fundraising expenses. Ci is reporting only upto F2017 as the charity would not provide its F2018 financials and they were not yet available from the CRA.

Salary Information

Full-time staff: 30

Avg. Compensation $67,705

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
0
$120k - $160k
1
$80k - $120k
2
$40k - $80k
6
< $40k
0

Information from most recent CRA Charities Directorate filings for F2017

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.youraga.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

Print