107 Tunnel Mountain Drive
Banff, AB T1L 1H5
Board Chair: Ron Hallman
CEO: Janice Price

Charitable Reg. #:11921 4955 RR0001


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

[Charity Rating: 3/5]



Audited financial statements for current and previous years available on the charity’s website.



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.

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About Banff Centre:

Banff Centre is a 3-star charity. It is financially transparent and has reasonable overhead costs, but has a below-average results reporting grade.

Founded in 1933, Banff Centre works to inspire people and unleash their creative potential. The charity aspires to become the global leader in arts, culture, and creativity. Banff Centre runs programs that develop artists and leaders with the goal of creating works and ideas that are shared globally. The charity’s main programs focus on arts and leadership. Through its programs, Banff Centre hopes to connect individuals who share the same commitment to creating a positive change in the arts community. Banff Centre's Arts programs cover the performing, visual, Indigenous, and literacy arts.  

In F2022, Banff Centre held 27 arts training programs, of which 12 were online and 15 were in person. Some of these programs include Evolution: Classical, a two-week artist development program for instrumentalists and vocalists. It also ran the Indigenous Haute Couture Fashion Residency, a three-week residency that helped Indigenous textile-based artists develop their design and pattern development skills.

Banff Centre also ran nine online Indigenous leadership programs in F2022. These programs teach leaders how to establish a strategic direction for their communities and organizations, implement that plan through focused effort, and measure performance. 

Across its programs, Banff Centre had 11,949 participant days in F2022, up 152% from the year prior.

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Results and Impact

In F2020, Banff Centre reported that of 244 survey respondents who had participated in in its Indigenous leadership program, 86% rated the overall quality of the program content as excellent or very good. 90% of the survey respondents rated the overall relevance of their learning as excellent or very good. A survey of Indigenous Alumni indicated that 83% of those surveyed have applied aspects of what they learned in the Indigenous Leadership programs to their current work.

Banff Centre also surveyed 106 alumni of the theatre program. 89% rated the overall quality of the theatre program as excellent or very good. 92% rated the overall relevance of their learning in the theatre program as excellent or good.

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The Banff Centre received $18.6m in donations in F2021. Administrative costs were 10% of revenues (excluding investment income) and fundraising costs were 4% of donations. For every dollar donated to the charity, 86 cents go to the cause. This is within Ci’s reasonable range for overhead spending. The Banff Centre has net funding reserves of $65.0m of which $45.1m are donor-endowed. Excluding donor-endowed funds, funding reserves can cover program costs for almost 11 months.

This charity report is an update that has been sent to Banff Centre. Changes and edits may be forthcoming.

Updated on August 8, 2022 by Emily Downing.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 9.4%6.9%7.2%
Fundraising costs as % of donations 4.3%13.2%26.5%
Total overhead spending 13.7%20.1%33.8%
Program cost coverage (%) 90.7%18.1%28.3%

Summary Financial Statements

All figures in $000s
Donations 18,63417,0987,680
Government funding 21,78422,96624,404
Fees for service 2392,8272,893
Business activities (net) 2,18130,98731,709
Investment income 2,7293,2752,999
Total revenues 45,56777,15369,685
Program costs 24,16758,15858,352
Administrative costs 4,0135,0904,820
Fundraising costs 8092,2652,038
Total spending 28,98965,51265,211
Cash flow from operations 16,57811,6414,474
Capital spending 8,8344,6085,696
Funding reserves 64,97953,61757,396

Note: Ci reconciled audited financials with the charity’s T3010 filing to allocate program, admin, and fundraising costs. Ci removed amortization pro-rata from program, admin, and fundraising costs. Ci recognized endowment contributions and transfers as revenue. Ci adjusted for deferred capital contributions and deferred contributions and grants, affecting total revenues by $10.7m in F2021, $5.0m in F2020, and ($3.3m) in F2019.

Salary Information

Full-time staff: 374

Avg. compensation: $48,526

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.banffcentre.ca
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Charitable Registration Number: 80340 7956 RR0001