MLSE Foundation
Toronto, ON M5J 2L2
Executive Director: Michael Bartlett
Board Chair: Aris Kaplanis
Website: www.mlsefoundation.org
Charitable Reg. #: 89611 4048 RR0001
Charity Rating
Donor Accountability
Grade: B-
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency
Need for Funding
Spending Breakdown
Full-time staff #8
Avg. Compensation $74,789
Top 10 Staff Salary Range
| $350k + | 0 |
| $300k - $350k | 0 |
| $250k - $300k | 0 |
| $200k - $250k | 0 |
| $160k - $200k | 1 |
| $120k - $160k | 0 |
| $80k - $120k | 0 |
| $40k - $80k | 7 |
| < $40k | 0 |
About MLSE Foundation:
Established in December 2009, Maple Leaf Sports and Entertainment (MLSE) Foundation supports the refurbishment of local athletic facilities and funds charities that support sports and recreational programs for kids. Since its establishment, the foundation has invested more than $24 million in Ontario's charities. In F2015, the foundation granted $3.7m to Ontario's charities. In F2015, the foundation highlighted its support in the following charities: Autism Ontario Kids Camp, Toronto Lords Basketball Program, The Mentoring For Violence Prevention (MVP) Program, Play It Smart, and Malvern Family Resource Centre. The charity is supported by all four MLSE teams – the Toronto Maple Leafs, Toronto Raptors, Toronto FC and Toronto Marlies. The foundation's signature program "Give-a-Kid-a-Game" is a ticket donation program and allows kids to experience the excitement of sporting events. In F2015, the charity spent $58k on "Give-a-Kid-a-Game".
Financial Review:
In F2015, Maple Leaf Sports and Entertainment Foundation spent 1% of revenues on administrative costs and 29% of donations on fundraising costs. Total overhead costs of 30% fall within Ci's reasonable range. The charity has funding reserves of $2.3m, which can cover annual programs for 7 months.
Analysis updated by Ruoxi Gao in 2016, currently under review by MLSE Foundation.
Financial RatiosFiscal year ending June |
2015 | 2014 | 2013 |
|---|---|---|---|
| Administrative costs as % of revenues | 1.1% | 1.0% | 3.9% |
| Fundraising costs as % of donations | 28.8% | 37.3% | 36.0% |
| Program cost coverage (%) | 58.4% | 46.6% | 47.3% |
Summary Financial StatementsAll figures in $000s |
2015 | 2014 | 2013 |
|---|---|---|---|
| Donations | 1,964 | 1,947 | 1,577 |
| Goods in kind | 264 | 579 | 494 |
| Lotteries (net) | 1,113 | 742 | 543 |
| Special events | 2,702 | 2,376 | 1,823 |
| Investment income | 12 | 9 | 8 |
| Total revenues | 6,055 | 5,653 | 4,446 |
| Program costs | 266 | 517 | 738 |
| Grants | 3,683 | 3,256 | 2,116 |
| Administrative costs | 67 | 57 | 171 |
| Fundraising costs | 1,344 | 1,614 | 1,226 |
| Cash flow from operations | 696 | 208 | 195 |
| Funding reserves | 2,305 | 1,758 | 1,348 |
For more information on Canadian charities, please visit www.charityintelligence.ca
The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publically-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability. No attempt has been made to examine the effectiveness of the charities' programs.
Comments added by the Charity:
No comments have been added by charity