Calgary Philharmonic Orchestra

205 - 8th Avenue SE
Calgary, AB T2G 0K9
Board Chair: Walter DeBoni
CEO: Paul Dornian

Website: calgaryphil.com
Charitable Reg. #: 11882 3863 RR0001

Sector: Arts & Culture

Operating Charity

Charity Rating

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Results Reporting

Grade: D+

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 for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

donor
endowed

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

♦	♦	♦
			95¢



			75¢
			avg
			65¢


			50¢

2016	2017	2018

For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #26

Avg. Compensation $105,167

Top 10 Staff Salary Range

$350k +	0
$300k - $350k	0
$250k - $300k	0
$200k - $250k	0
$160k - $200k	1
$120k - $160k	1
$80k - $120k	3
$40k - $80k	5
< $40k	0

Information from most recent CRA Charities Directorate filings for F2018

About Calgary Philharmonic Orchestra:

Calgary Philharmonic Orchestra (CPO) was founded in 1955 after the Alberta Philharmonic and Calgary Symphony merged. It has since grown to become one of Canada’s largest live music ensembles. Outside of general performances, CPO runs a community outreach program.

The orchestra’s performances are broken out into four categories: classical masterworks, pop favourites, bold collaborations, and cutting-edge new works. CPO currently has 73 performances scheduled for the 2019/2020 season which runs from September 2019 until June 2020. CPO reports that its concerts attract over 110,000 attendees each year. In 2017, CPO launched its live stream to broadcast its concerts to audiences around the world.

The orchestra’s community outreach program brings music to over 30,000 people, including 10,000 students, annually. This program includes activities such as PHILKIDS and Musical Camps for Kids. PHILKIDS sends musicians to teach music lessons and classes to children in elementary schools who wouldn’t otherwise have access. CPO hopes to support children and empower them with music. Musical Camps for Kids provides musical education to children and families in need, giving people who wouldn’t normally have the opportunity the chance to experience live music. CPO’s musical camps perform over 100 concerts at 15 locations across Calgary, including the Alberta Children’s Hospital and the YMCA. The orchestra also supports children by offering two awards and scholarships to develop musical talents.

Financial Review:

Calgary Philharmonic Orchestra is a large charity with donations and special events revenue of $8.1m in F2018. The charity also collected $4.4m from ticket and service sales. Administrative costs are 11% of revenues less investment income and fundraising costs are 15% of donations. For every dollar donated to the charity, 74 cents go to the cause. This is within Ci’s reasonable range for overhead spending. CPO’s funding reserves are $39m, of which $18m are donor-endowed. Excluding donor-endowed funds, funding reserves can cover program costs for two years.

This charity report is an update that has been sent to Calgary Philharmonic Society. Changes and edits may be forthcoming.

Updated on June 21, 2019 by Stefan Tetzlaff.

Financial Ratios Fiscal year ending June	2018	2017	2016
Administrative costs as % of revenues	11.2%	15.4%	15.8%
Fundraising costs as % of donations	15.0%	14.0%	17.0%
Program cost coverage (%)	343.9%	406.8%	340.7%

Summary Financial Statements All figures in $000s	2018	2017	2016
Donations	7,842	7,251	5,553
Government funding	1,319	1,523	1,307
Fees for service	4,426	4,329	4,663
Business activities (net)	(1)	2	(1)
Special events	301	252	310
Investment income	2,021	3,814	994
Total revenues	15,907	17,172	12,826
Program costs	11,351	9,357	9,695
Administrative costs	1,557	2,053	1,867
Fundraising costs	1,224	1,050	999
Cash flow from operations	1,775	4,712	265
Funding reserves	39,040	38,059	33,036

Note: Charity Intelligence has consolidated the audited financial statements of Calgary Philharmonic Society and Calgary Philharmonic Foundation. CI has taken all expense breakdowns from CRA’s T3010 forms, and reconciled the values to the audited financial statements.

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