St. Lawrence Hall, 157 King Street East, 4th Floor
Toronto, ON M5C 1G9
Executive Director: Larry Smith
Board Chair: Nick Zelenczuk

Charitable Reg. #:12859 0817 RR0001

STAR RATING

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

[Charity Rating: 1/5]

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.

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.

82%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.



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OVERVIEW

About Opera Atelier:

Opera Atelier is a 1-star charity. It has overhead costs within Ci’s reasonable range. However, it is not financially transparent and has a poor results reporting grade. Before you give, read Charity Intelligence's report. 

In 1985, Opera Atelier (OA) was founded by two dancers, Marshall Pynkoski and Jeannette Lajeunesse Zingg in Toronto. It is a world leader in the rediscovery and revitalization of period opera and ballet, particularly works from the Baroque era. 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 in Canada and 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. The two upcoming productions at Opera Atelier are Orpheus and Eurydice by Gluck and All is Love by Debussy, Hahn, Handel, Lully, Purcell and Rameau.

Since 1996, Opera Atelier’s Making of an Opera program, which is completely free of charge, has annually given over 1,000 young people a one-day opportunity to learn about, participate in, and experience the magic of opera. OA explains that through an interactive workshop environment, school groups of students aged 12-18 can work with the professional team behind its productions to explore every aspect of opera.  

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Results and Impact

Charity Intelligence could not find any quantified outcomes on Opera Atelier's website.

The charity is not yet rated on impact (n/r).

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Finances

Opera Atelier received donations of $1.3m in F2022. During the same year, OA received $957k from government funding (40% of total revenues) and $87k from ticket sales (4% of total revenues). Administrative costs are 10% of revenues (excluding investment income), and fundraising costs are 8% of donations. This results in total overhead spending of 18%. For every dollar donated, 82 cents go to the cause, which is within Ci’s reasonable range for overhead spending.   

The charity has $1.0m in reserve funds, once its $40k loan is accounted for. The charity could cover around six months of its annual program costs with its reserves.

This charity report is an update that has been sent to Opera Atelier for review. Changes and edits may be forthcoming.

Updated on July 6, 2023 by Krystie Nguyen.

 

Financial Review


Financial Ratios

Fiscal year ending June
202220212020
Administrative costs as % of revenues 10.2%7.2%6.4%
Fundraising costs as % of donations 7.6%7.3%4.6%
Total overhead spending 17.8%14.5%10.9%
Program cost coverage (%) 48.5%56.6%54.3%

Summary Financial Statements

All figures in $s
202220212020
Donations 1,337,6101,313,7451,391,194
Government funding 957,0461,278,097619,346
Fees for service 86,77861,542416,899
Investment income (67,480)178,597(11,664)
Other income 56,13140,06319,928
Total revenues 2,370,0852,872,0442,435,703
Program costs 2,132,3242,019,9341,941,113
Administrative costs 249,166193,043155,482
Fundraising costs 101,04095,88863,399
Other costs 7,2074,45410,906
Total spending 2,489,7372,313,3192,170,900
Cash flow from operations (119,652)558,725264,803
Capital spending 006,675
Funding reserves 1,033,3471,142,5881,054,280

Note: Opera Atelier’s Endowment Fund, managed by Ontario Arts Foundation, generated investment income not reported in the charity’s income statement. Ci recognized this income net of management fees in investment income, affecting total revenues by ($67k) in F2022, $179k in F2021, and ($12k) in F2020.

Salary Information

Full-time staff: 11

Avg. compensation: $69,890

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
2
$40k - $80k
8
< $40k
0

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.operaatelier.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-703-3767

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Charitable Registration Number: 80340 7956 RR0001