National Arts Centre Foundation

1 Elgin Street
Ottawa, ON K1P 5W1
CEO: Jayne Watson
Board Chair: Janice O'Born

Charitable Reg. #:86222 5927 RR0001

STAR RATING

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

[Charity Rating: 2/5]

FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

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.

73%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 73 cents are available for programs.



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OVERVIEW

About National Arts Centre Foundation:

National Arts Centre Foundation is a 2-Star charity. It has reasonable overhead costs but is not financially transparent and has a below-average results reporting grade. Before you give, read Charity Intelligence's report. 

Founded in 2000, National Arts Centre Foundation (NACF) is the fundraising arm of National Arts Centre (NAC). The Foundation’s mission is to inspire Canadians to support the NAC’s priorities in performance, creation, and learning. It raises funds for supporting performing arts and education activities of NAC, and granted $7.9m to NAC in F2021. Based in Ottawa, NAC is the only bilingual, multidisciplinary performing arts centre in Canada. Its major programs are NAC Orchestra; English Theatre; French Theatre; Indigenous Theatre; Dance; Popular Music and Variety, and several other programs such as learning and engagement, major events, and festivals.

National Arts Centre Foundation outlines three major funding areas: Supporting Performance, Supporting Creation, and National Youth and Education Trust.

Supporting Performance grants focus on funding NAC’s performances in music, dance and theatre, both virtual and live on-stage. In F2021, NAC staged 72 artistic co-productions and co-commissions. It also offered 119 Indigenous Theatre performances and public programs. NAC’s online programs were viewed 3,270,716 times in F2021.

Supporting Creation grants give artists the opportunity to share their work through music, theatre, and dance with Canadians, promoting contemporary Canadian artistic voices on the national stage. This includes supporting the National Creation Fund. In F2021, the fund invested $2.8m into 18 projects.

National Youth Education Trust helps NAC fund education programs for young people across Canada through programs such as NAC Summer Music Institute and NAC Music Alive Program. In F2021, 6,888 students participated in online and onsite learning programs. Eight NAC Orchestra musicians and four professional musicians from the National Capital Region led more than 20 virtual Music Circle workshops for 130 elementary and secondary students from five Ottawa schools. NAC also held a virtual two-day BIG BANG festival for young people and families. The digital BIG BANG festival offered a variety of free online events about music and sound, including six live interactive events, 13 artistic projects, 17 performances and more than 45 artists. Nearly 8,000 people attended.

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Results and Impact

Charity Intelligence did not find any quantified outcomes on National Arts Centre Foundation’s website. This may not be a complete representation of NACF’s results and impact.

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Finances

National Arts Centre Foundation received $6.9m in donations in F2021. Fundraising costs are 26% of donations and reported administrative costs are 1% of total revenues. This results in total overhead spending of 27%. For each dollar donated, 73 cents go to the cause. This is within Ci’s reasonable range for overhead costs.

NACF has $12.7m in funding reserves of which $4.1m is donor endowed. Excluding donor-endowed funds, the charity’s funding reserves can cover around 13 months of program costs at the F2021 level.

NACF paid external fundraisers $434k in F2021 to raise $403k for a cost of $1.08 per dollar raised.

This charity report is an update that is currently being reviewed by National Arts Centre Foundation. Comments and edits may be forthcoming.

Updated on July 19 2022 by Emily Downing.

Financial Review


Financial Ratios

Fiscal year ending August
202120202019
Administrative costs as % of revenues 1.3%0.8%0.7%
Fundraising costs as % of donations 25.9%22.1%19.6%
Total overhead spending 27.2%22.9%20.3%
Program cost coverage (%) 112.6%159.0%108.1%

Summary Financial Statements

All figures in $000s
202120202019
Donations 6,9269,62312,296
Goods in kind 2601,3731,301
Investment income 876216317
Total revenues 8,06311,21313,914
Grants 7,8839,78111,110
Administrative costs 918896
Fundraising costs 1,7962,1302,412
Total spending 9,77011,99913,619
Cash flow from operations (1,707)(786)295
Funding reserves 12,74519,29615,849

Note: Ci used NACF’s T3010 filing with the CRA to report fundraising and administrative costs. Ci backed out donated goods-in-kind from Canadian donations and reported them separately. Ci reported grants to NAC as an expense, affecting total expenses by $7.9m in F2020, $9.8m in F2019, and $11.1m in F2018.

Salary Information

Full-time staff: 9

Avg. compensation: $114,138

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
1
$200k - $250k
1
$160k - $200k
0
$120k - $160k
0
$80k - $120k
3
$40k - $80k
4
< $40k
0

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.nac-cna.ca/en/foundation
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613 947-7000 ext. 315

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Charitable Registration Number: 80340 7956 RR0001