Pacific Coast Public Television Association
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
F
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
50%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 50 cents are available for programs.
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Programs
About Pacific Coast Public Television Association:
The Pacific Coast Public Television Association (PCPTA) is a charitable organization that focuses on educational television programming. It underwrites various daily educational non-commercial television programming to British Columbia and throughout Canada. It supports public television and KCTS 9 television.
KCTS 9 is a Washington-based television broadcasting company affiliated with PBS. It is a non-profit, community-licensed, publicly supported organization broadcasting American programs about arts, culture, science, film, food, kids, and current affairs. Pacific Coast Public Television Association is the Canadian funding partner of KCTS 9. The channels can be viewed in Canada through Shaw Cable and Bell ExpressVu.
PCPTA reported no full-time and 2 part-time staff, with average compensation of $78,089, on its T3010 CRA filing in 2016. In April 2016, the charity released a letter from the board of directors which noted that they would be reevaluating the future of PCPTA in Canada as changes in regulatory decisions threatened its charitable status. There has been no follow-up to this restructuring, but PCPTA is still operating as a registered charity in Canada.
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Finances
Pacific Coast Public Television Association is a medium-sized charity with $2.5m in donations in F2016. In F2016, PCPTA’s administrative costs were 3% of revenues and its fundraising costs were 47% of donations. As such, for every $1 donated, 50 cents went to the cause. This falls outside of Charity Intelligence's reasonable range for overhead spending. Funding reserves of $282k can cover less than 2 months of programming.
Ci used unaudited financial statements and the charity's T3010 filing with the CRA as audited financial statements were not available.
This charity report is an update that is currently being reviewed by Pacific Coast Public Television Association. Changes and edits may be forthcoming.
Updated on July 17, 2017 by Juliana Badovinac.
Financial Review
Fiscal year ending June
|
2016 | 2015 | 2014 |
---|---|---|---|
Administrative costs as % of revenues | 2.9% | 0.7% | 0.3% |
Fundraising costs as % of donations | 46.7% | 52.8% | 49.1% |
Program cost coverage (%) | 13.6% | 21.6% | 6.1% |
Summary Financial StatementsAll figures in $s |
2016 | 2015 | 2014 |
---|---|---|---|
Donations | 2,487,219 | 2,865,241 | 2,685,509 |
Investment income | 378 | 116 | 5 |
Other income | 757,329 | 1,059,001 | 1,128,862 |
Total revenues | 3,244,926 | 3,924,358 | 3,814,376 |
Program costs | 2,079,050 | 2,438,000 | 2,490,000 |
Administrative costs | 94,774 | 27,942 | 13,050 |
Fundraising costs | 1,162,448 | 1,511,786 | 1,317,592 |
Cash flow from operations | (91,346) | (53,370) | (6,266) |
Funding reserves | 282,020 | 526,195 | 152,878 |
Note: Ci used unaudited financial statements of PCPTA as audited financial statements were not available.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2016
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Comments & Contact
Comments added by the Charity:
No comments have been added by the charity.
In 2015, Public Television Association of Quebec (PTAQ), an organization that operates in a similar manner to PCPTA, had its charitable status revoked by the CRA1. The CRA concluded that PTAQ was acting as an intermediary for Canadian donors to receive tax-credits on donations to Vermont ETV Incorporated (Vermont PBS), an American organization. PTAQ appealed its proposed revocation, which was dismissed by the Court of Appeal. This ruling may have industry-wide impacts on charities similar to PTAQ, including PCPTA2.
As of July 19th, 2017, Pacific Coast Public Television Association is still a registered charity per the CRA.
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1: FCA Dismisses Appeal of Revocation of Charity Status. (2015, July 31). Retrieved July 19, 2017, from www.canadiantaxlitigation.com/fca-dismisses-appeal-of-revocation-of-charity-status
2: Potential Impact on Canadian Charity Operations in light of Revocation Case. (2015, October 13). Retrieved July 19, 2017, from www.imaginecanada.ca/who-we-are/whats-new/news/potential-impact-canadian-charity-operations-light-revocation-case
Charity Contact
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