National Arts Centre Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
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.
77%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 77 cents are available for programs.
My anchor
OVERVIEW
About National Arts Centre Foundation:
National Arts Centre Foundation is a 2-star charity. It is financially transparent and has overhead costs within Ci’s reasonable range and 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 the 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 NAC's performing arts and education activities. In F2022, the charity granted $5.2m to NAC. Based in Ottawa, NAC is the only bilingual and 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: Performance, Creation, and Learning.
Performance grants focus on funding NAC’s performances in music, dance and theatre, both virtual and live on-stage. In F2022, NAC offered 77 Indigenous Theatre performances and public programs, representing 16 Indigenous languages. NAC’s online programs were viewed 2,608,911 times in F2022.
Creation grants allow artists 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 F2022, NAC invested more than $10.0m of the fund into 19 projects. These projects were toured to 17 cities across Canada and 17 cities in 11 other countries.
Learning grants fund education programs for young people across Canada through programs such as NAC Summer Music Institute and NAC Music Alive Program. In F2022, 10,775 people participated in learning programs, with 2,217 people joining pre-professional artist training. There were 159 professional development opportunities in F2022, with 1,777 participants.
My anchor
Results and Impact
In F2022, NAC reported producing 2,842 tons of CO2e annual GHG emissions, reducing by 32% from the 2017-2018 baseline. This may not be a complete representation of NACF’s results and impact.
Ci has not assessed impact on NACF. This shows as n/r, meaning not rated.
My anchor
Finances
National Arts Centre Foundation received $10.9m in donations in F2022. Fundraising costs are 22% of donations, and reported administrative costs are 1% of total revenues. This results in total overhead spending of 23%. For each dollar donated, 77 cents go to the cause. This is within Ci’s reasonable range for overhead costs.
NACF has $23.0m in reserve funds, of which $4.2m is donor endowed. Excluding donor-endowed funds, the charity can cover around three years and nine months of its annual program costs with its reserves.
NACF paid external fundraisers $453k in F2022 to raise $489k for a cost of $0.93 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 June 2, 2023 by Krystie Nguyen.
Financial Review
Fiscal year ending August
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 1.3% | 1.3% | 0.8% |
| Fundraising costs as % of donations | 21.6% | 25.9% | 22.1% |
| Total overhead spending | 22.8% | 27.2% | 22.9% |
| Program cost coverage (%) | 407.6% | 116.6% | 185.6% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 10,856 | 6,926 | 9,623 |
| Goods in kind | 416 | 260 | 1,373 |
| Investment income | (278) | 876 | 216 |
| Total revenues | 10,995 | 8,063 | 11,213 |
| Program costs | 0 | 0 | 0 |
| Grants | 4,815 | 7,623 | 8,407 |
| Administrative costs | 142 | 91 | 88 |
| Fundraising costs | 2,342 | 1,796 | 2,130 |
| Total spending | 7,299 | 9,510 | 10,626 |
| Cash flow from operations | 3,696 | (1,447) | 587 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 22,965 | 12,745 | 19,296 |
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 $5.2m in F2022, $7.9m in F2021, and $9.8m in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
1 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
6 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613-947-7000 ext. 315