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Banff Centre for Arts and Creativity
Inspiring creativity
Arts & Culture
Banff, AB

Opera Atelier

157 King St. E., St. Lawrence Hall, 4th Fl.
Toronto, ON M5C 1G9
Executive Director: Patricia Barretto
Co-Artistic Director: Marshall Pynkoski

Charitable Reg. #: 12859 0817 RR0001
Sector: Arts & Culture
Operating Charity

Results Reporting

Grade: D

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2009 2010 2011
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #11

Avg. Compensation $150,329

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 1
$40k - $80k 5
< $40k 4
Information from most recent CRA Charities Directorate filings for F2011

About Opera Atelier:

In 1985, two Toronto dancers, Marshall Pynkoski and Jeannette Lajeunesse Zingg, started Opera Atelier (OA).   This Opera-ballet company produces masterpieces of the 17th and 18th centuries.  OA recently added 19th century works to its repertoire.  The organization puts a creative spin on the pieces it presents.  OA achieves its period theme by featuring original instruments, elaborate stage décor and costumes.  OA is committed to promoting the fusion of opera, ballet and drama, not only in Canada but also abroad.  Through touring, OA has introduced baroque opera to Japan, Korea and Singapore.  Most notably, in 1995, the company performed at the inauguration of the restored opera house at Chateau Versailles, France.  OA has shaped the careers of artists such as Russell Braun and Measha Brueggergosman.

Each year, OA works with over 1,200 students from across the GTA in its Making of an Opera (MoaO) program.  This day-long program introduces students to the world of opera through a series of hands-on workshops.  Opera Atelier’s School of Atelier Ballet offers instruction in ballet, modern dance and historical dance.  Students pay for classes at the school but a scholarship program is available for those with financial need.

Financial Review:

In F2011, OA’s administrative costs were 6% of revenues and fundraising costs were 7% of donations.  OA’s funding reserves were $541k, including $162k of donor-endowed funds from OA’s Ontario Arts Endowment Fund.  Total funding reserves cover 26% of annual program costs.  OA's capital expenditures were $269k in F2011, $216k in F2010, and $163k in F2009.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 5.5%5.6%6.0%
Fundraising costs as % of donations 7.2%5.4%1.7%
Program cost coverage (%) 25.9%17.0%7.9%

Summary Financial Statements

All figures in $s
Donations 1,483,2841,338,8951,066,532
Government funding 532,682476,500466,500
Fees for service 771,320758,709804,508
Investment income 7,8127,7624,401
Other income 16,16156,7374,479
Total revenues 2,811,2592,638,6032,346,420
Program costs 2,090,3432,031,4272,078,483
Administrative costs 153,252146,690140,203
Fundraising costs 106,87872,44918,193
Bank And Other Charges 6,3629,8775,937
Cash flow from operations 454,424378,160103,604
Funding reserves 541,372346,024163,404
Note: 1) Ci included OA’s Ontario Arts Endowment Fund in its funding reserves. 2) Ci restated payments received from the endowment as investment income instead of as donations. 3) Ci also included OA’s working capital grants in revenues from donations. 4) Ci adjusted revenues for the change in deferred revenues from capital assets, and from grants and contributions. 5) Ci excluded amortization of $171k in F2011, $129k in F2010, and $98k in F2009 from expenses.

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