STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
B
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Average
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 SKETCH:
SKETCH is a 4-star charity that is financially transparent. It has an Average demonstrated impact rating and an average results reporting grade. The charity has low funding reserves and reasonable overhead spending.
Founded in 1996, SKETCH offers free arts-based programs to marginalized youth in Toronto. Many of these youth are living in poverty or without a home. The charity states that creativity is necessary to reimagine a new path. SKETCH runs three programs: Arts Wellness, Arts Production, and Arts Leadership. The charity reports it spent $2.8m on its programs in 2023. SKETCH’s most recent annual report is from 2022.
The Arts Wellness program provides artists with support including food, harm reduction supplies, and referrals. In 2022 SKETCH served 2,115 meals and supplied 423 grocery kits. The charity offered 397 referrals to social service organizations. It also distributed 217 harm reduction kits to lower potential risks of drug use.
The Arts Production program provides artists with skill building workshops and residences. 222 youth participated in the program in 2022. SKETCH provided 245 hours of mentorship to young artists.
The Arts Leadership program provides training in art to strengthen skills for employment in the arts. 48 young leaders received one-on-one support in 2022. The NextUp! Leaders Lab provides education and networking for Black and Indigenous arts leaders. 27 people participated in the lab in 2022.
On April 22, 2024, SKETCH reported it is pausing direct spring and summer program offerings due to immediate financial challenges. The charity states it will strengthen its financial position by renting its studios and increasing its fundraising. It also states it is actively working to continue wellness support, artist access to the studio, and community building in this period.
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Results and Impact
SKETCH conducted a study in 2022 of young people in its programs. The charity did not disclose the number of surveyed participants. The results were:
85% of young people said SKETCH connected them to paid opportunities or employment.
96% said that SKETCH helped them bring their artistic visions to life.
80% said their sense of community, purpose and belonging increased through art making at SKETCH.
78% said SKETCH helped them start their own ideas and projects in their community.
This may not be a complete representation of SKETCH’s results.
Charity Intelligence has given SKETCH an Average impact rating based on demonstrated impact per dollar spent.
Impact Rating: Average
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Finances
In 2023 SKETCH received $1.2m in cash donations. The charity received $1.6m in government funding, representing 52% of total revenues.
Administrative costs are 15% of revenues. Fundraising costs are 3% of donations. This results in total overhead spending of 18%. For every dollar donated, 82 cents are available to go to the cause. This falls within Ci’s reasonable range for overhead spending.
In 2023 SKETCH spent $2.8m on its programs, which is 94% of its revenue. In 2023 it had a deficit of $395k.
SKETCH has $366k in reserve funds. This can cover 13%, or one and a half months of program spending.
This charity report is an update that has been sent for review to SKETCH. Changes and edits may be forthcoming.
Updated on June 26, 2024, by Grady Simpson.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 15.1% | 13.3% | 12.7% |
Fundraising costs as % of donations | 2.5% | 0.6% | 3.1% |
Total overhead spending | 17.6% | 13.8% | 15.9% |
Program cost coverage (%) | 13.0% | 21.2% | 16.5% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 1,188,729 | 1,787,791 | 865,852 |
Government funding | 1,585,247 | 1,481,448 | 2,206,048 |
Business activities (net) | 40,446 | 22,029 | 60,405 |
Special events | 0 | 0 | 102,171 |
Investment income | 0 | 0 | 595 |
Other income | 194,586 | 175,202 | 712,308 |
Total revenues | 3,009,008 | 3,466,470 | 3,947,379 |
Program costs | 2,817,702 | 2,941,843 | 3,253,295 |
Administrative costs | 454,150 | 460,051 | 502,090 |
Fundraising costs | 30,065 | 9,771 | 30,365 |
Other costs | 101,651 | 100,438 | 113,833 |
Total spending | 3,403,568 | 3,512,103 | 3,899,583 |
Cash flow from operations | (394,560) | (45,633) | 47,796 |
Capital spending | 5,118 | 0 | 0 |
Funding reserves | 366,234 | 624,923 | 536,224 |
Note: DEFERRED ADJUSTMENT: SKETCH uses deferred accounting. To show donors information on a consistent basis, Ci adjusted for these deferred contributions. This affected revenues by ($48k) in 2023, $128k in 2022, and ($785k) in 2021. DEFERRED CAPITAL GRANTS AND DONATIONS: Ci adjusted for deferred capital grants and donations. This affected revenues by $20k in 2023, $30k in 2022, and $656k in 2021. T3010: The 2023 T3010 data was not available at the time of this update.
Salary Information
$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:
Charity Contact
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