Calgary Philharmonic Society
Calgary, AB T2G 0K9
President & CEO: Paul Dornian
Board Chair: Heather Treacy
Charitable Reg. #: 11882 3863 RR0001
Grade: DThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #96
Avg. Compensation $80,787
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||8|
|$40k - $80k||0|
About Calgary Philharmonic Society :
The Calgary Philharmonic Society (CPS) operates a Canadian orchestra called the Calgary Philharmonic Orchestra (CPO). It was formed in 1955 by the merger of Alberta Philharmonic and Calgary Symphony. CPS organizes 85 concerts every season to serve the diverse arts community of Calgary and Alberta. The variety of these concerts satisfies all musical tastes. The charity attracts many big names in live music ensembles, including award-winning conductor, Roberto Minczuk. CPS states that more than 110,000 people attend its performances every year.
Calgary Philharmonic Society has many youth outreach programs, such as CPO in your Community and Musical Camps for Kids. Through these programs the charity hopes to get more youth participation in the orchestra. It also funds two scholarship awards, the RBC Concerto Competition and the Marley Rynd Scholarship. The CPossibilities program offers cheaper access to the orchestra for younger audiences and the Artist in Residence program brings musicians in contact with high school students. CPS also has senior outreach programs in place to provide free performances to senior citizens. With its outreach programs, CPS provides free music to over 20,000 Albertans each year.
Calgary Philharmonic Society is a large charity that received $5m in donations in F2015. Administrative costs are 17% of total revenues and fundraising costs are 10% of total donations. Total overhead costs are 27% and fall in Ci’s reasonable range. Total funding reserves are $33m, of which $32m are donor-endowed. Excluding donor-endowed funds, funding reserves can cover program costs 3.3 times.
This charity report is an update that is being reviewed by Calgary Philharmonic Society. Changes and edits may be forthcoming.
Updated on May 25, 2016 by Mirza Shakir.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||16.9%||15.9%||15.1%|
|Fundraising costs as % of donations||10.1%||10.1%||0.0%|
|Program cost coverage (%)||336.3%||355.6%||280.4%|
Summary Financial StatementsAll figures in $000s
|Fees for service||4,859||4,871||5,009|
|Fundraising & administrative costs||0||0||0|
|Cash flow from operations||441||5,214||3,150|