Orchestre Symphonique de Montreal

260 Boul. De Maisonneuve Ouest
Montreal, QC H2X 1Y9
CEO: Madeleine Careau
President: Lucien Bouchard

Charitable Reg. #:11906 9524 RR0001


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

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



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) 63 cents are available for programs.

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About Orchestre Symphonique de Montreal:

Founded in 1934, Orchestre Symphonique de Montréal (OSM) is a professional arts organization that performs symphonic music and concerts of international artists. OSM is made up of more than 92 permanent musicians in five categories: strings, woodwind, brass, percussion, and harp. OSM’s current music director, Kent Nagano, has announced his departure after 15 years with the orchestra at the end of the 2019-2020 season. Outside of general performances, OSM runs education programs.

In the 2017-2018 season, the orchestra put on 114 regular season performances, 42 summer concerts, and 4 concerts outside of Quebec. All regular season performances are held at the Montreal Symphony House. In total, OSM’s performances were viewed by 1.4 million spectators. In F2018, OSM won the Opus concert of the year prize. OSM’s music director, Maestro Kent Nagano, was awarded the service medal Meritorious of the Governor General of Canada.

Through its education programs, OSM gives young people the chance to discover symphonic music. OSM gives students ranging from primary school to post-secondary the opportunity to attend performances during the day at the Montreal Symphony house. OSM also provides post-secondary students with the chance to attend classes and public rehearsals. In F2018, OSM hosted 11 master classes and 10 open rehearsals. OSM also put on matinee shows that were attended by 19,537 students from 216 schools. Lastly, OSM director Kent Nagano directed the University of Montreal orchestra and the McGill Symphony Orchestra in concert.

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Ci has consolidated the charity's financials with figures of the Fondation de l’Orchestre Symphonique de Montréal as found in its T3010A filing. Orchestre Symphonique de Montréal is a large charity with donations of $6.4m in F2017. Its administrative costs are 8% of total revenues and fundraising costs are 30% of total donations. For every dollar donated to the charity, 63 cents go to the cause. This is outside Ci’s reasonable range for overhead spending. The charity and the foundation have funding reserves of $80m which can cover program costs for 3 years.

This report is an update that has been sent to l’Orchestre Symphonique de Montréal. Changes and edits may be forthcoming.

Updated August 16, 2019 by Stefan Tetzlaff.

Financial Review

Financial Ratios

Fiscal year ending August
Administrative costs as % of revenues 7.7%6.2%5.3%
Fundraising costs as % of donations 29.7%26.2%28.4%
Total overhead spending 37.3%32.4%33.7%
Program cost coverage (%) 306.9%288.8%263.3%

Summary Financial Statements

All figures in $000s
Donations 6,3926,9447,335
Government funding 11,26311,15711,869
Fees for service 12,60312,31011,056
Other income 480464483
Total revenues 30,73830,87430,743
Program costs 26,08125,73424,910
Administrative costs 2,3581,9171,620
Fundraising costs 1,8961,8162,086
Total spending 30,33529,46728,616
Cash flow from operations 4031,4072,128
Capital spending 16858225
Funding reserves 80,04174,31065,598

Note: Ci has consolidated audited financial statements of Orchestre Symphonique de Montreal and Fondation de L’Orchestre de Montreal. Ci has adjusted deferred donations affecting revenues by $952k in F2017, $1.8m in F2016, and $1.6m in F2015.  

Salary Information

Full-time staff: 58

Avg. Compensation: $72,626

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 F2017

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Comments & Contact

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Charity Contact

Website: www.osm.ca
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