Vancouver Opera Association

1945 Mclean Dr
Vancouver, BC V5N 3J7
General Director: James W. Wright
Board Chair: Bev Park

Charitable Reg. #: 11928 2002 RR0001
Sector: Arts & Culture
Operating Charity

Social Results Reporting

Grade: C-

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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #25

Avg. Compensation $68,885

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 1
$80k - $120k 3
$40k - $80k 5
< $40k 0
Information from most recent CRA Charities Directorate filings for F2012

About Vancouver Opera Association:

Founded in 1958, Vancouver Opera Association (VOA) is the second largest opera company in Canada. It produces main stage productions and operates education programs. VOA has made cross cultural creative partnerships and launched various community programs that arise from each season's operas. These community programs address issues including poverty, life with disabilities, the plight of women and faith in politics.

Vancouver Opera in Schools (VOIS) is an initiative of Vancouver Opera Guild that introduced the art of opera to about 50,000 school children and their families across B.C. It also offers art programs for secondary school students and Career Preparation for those students interested in launching their career in theatre.

VOA has conducted "The Annual Young Artist Coaching Intensive" program since 2003 with an aim to nurture young artists during the early stages of their careers through coaching and instruction by industry professionals.

Financial Review:

Vancouver Opera Association received $3.2m in donations in F2012. Its administrative costs are 8% of revenues. Fundraising costs are 55% of donations. VOA has funding reserves of $12.5m including $10m in Endowment funds, which cover annual program costs 1.6 times.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 8.2%11.0%8.6%
Fundraising costs as % of donations 54.5%41.2%48.0%
Program cost coverage (%) 155.5%137.4%137.0%

Summary Financial Statements

All figures in $000s
Donations 3,1703,0522,797
Government funding 1,9351,6311,677
Fees for service 4,5153,1853,859
Lotteries (net) 1,8609751,071
Investment income 158
Other income 17046130
Total revenues 11,6508,8949,541
Program costs 8,0587,5037,044
Administrative costs 953982820
Fundraising costs 1,7281,2561,342
Cash flow from operations 910(847)336
Funding reserves 12,52710,3079,653
Note: Ci has included deferred capital contributions increasing revenues by $75K in F2012 and no changes in F2011 and F2010.

Comments added by the Charity:

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