588 Richmond Street West
Toronto, ON M5V 1Y9
CEO: Michelle Terry
Board Chair: John Hughes

Charitable Reg. #:84821 5604 RR0001

STAR RATING

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

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years 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.

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.

73%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 73 cents are available for programs.



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Programs

About Movember Canada:

Established in 2011, Movember Canada (MVC) is the Canadian arm of the Movember Foundation (MVF). MVF is an Australian-based charity that raises awareness and funds for men’s health issues, specifically prostate cancer, testicular cancer, and mental health.  According to MVC, left unchecked, prostate cancer rates will double over the next 15 years. Globally, testicular cancer is the most common cancer among men aged 15-39. Also, one man dies by suicide every minute of every day. Movember Canada runs the annual Movember campaign across Canada. It primarily uses the proceeds to fund Prostate Cancer Canada, a foundation that is dedicated to eliminating the most common cancer in men. Funds are also used by Movember Canada to run other men’s health programs.

Prostate and testicular cancer research programs were 47% of total program spending in F2019. The Discovery Grant program provides funding to Canadian research projects that are focused on prostate cancer. Since the Discovery Grant program began in January 2013, Movember Canada has raised $21.2m for various research projects. Movember Canada also participates in the international GAP5 Testicular Cancer Translational Research Project. The program funds research projects that study the biology of relapse in testicular cancer.

Men’s health programs were 30% of total program spending in F2019. The Canadian Men’s Health & Wellbeing Innovation Challenge provides funding to help realize new ideas that create awareness of positive elements of masculinity.

Mental health programs were 23% of total program spending in F2019. In the past, Movember Canada has provided funding to various organizations to improve the mental health of men across Canada. MVC also participates in Movember Foundation’s Mental Health Practitioner Training Program. The program provides training to clinicians who deal with crises.   

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Results and Impact

Research funded by the Movember Foundation has made discoveries to improve future health outcomes for men. Scientists have discovered a possible new treatment that would focus on specific cancer cells, which contrasts with chemotherapy. Initial research has also identified several genes that appear to drive the risk of testicular cancer.

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Finances

Movember Canada is a Large charity, with total donations of $17.4m in F2019. Administrative costs are 6% of revenues and fundraising costs are 21% of donations. For every dollar donated, 73 cents go to the cause. This is within Ci’s reasonable range for overhead spending. Funding reserves of $42.7m can cover 2.6 years of annual program costs.

In F2019, Movember Canada granted $6.6m to Prostate Cancer Canada ($13.2m in F2018).  

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

Updated on June 1, 2020 by Tenzin Shomar.

Financial Review


Financial Ratios

Fiscal year ending April
201920182017
Administrative costs as % of revenues 6.2%7.1%7.2%
Fundraising costs as % of donations 21.0%20.6%14.5%
Total overhead spending 27.2%27.7%21.7%
Program cost coverage (%) 263.4%194.6%354.0%

Summary Financial Statements

All figures in $000s
201920182017
Donations 17,40616,49914,795
Business activities (net) 2662102
Investment income 758651597
Total revenues 18,19017,21215,494
Program costs 9,5649,6885,575
Grants 6,65513,1649,991
Administrative costs 1,0841,1691,078
Fundraising costs 3,6553,4022,140
Total spending 20,95927,42218,784
Cash flow from operations (2,769)(10,211)(3,290)
Capital spending 4516224
Funding reserves 42,72144,46555,108

Note: Ticket sales and sales of goods revenue are reported gross of expenses in business activities. Ci gathered the Foundation’s expense breakdown from its T3010 CRA filings. Ci backed out amortization on a pro-rata basis from program, administrative and fundraising costs.

Salary Information

Full-time staff: 15

Avg. Compensation: $111,955

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
1
$120k - $160k
3
$80k - $120k
5
$40k - $80k
1
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

Comments added by the Charity:

[Ci Note: this profile has been updated since the following comment was added by the charity]

In regards to funding reserves, implementing the quantum of funds raised by Movember is a task that we take seriously. Movember invests funds in programs aligned with its strategic goals through an open and transparent process and includes peer reviews with experts around the world. Once an award is given, funding is provided on an agreed-upon basis, pending the program meeting stated deadlines and objectives. The funds raised by Movember in Canada are exclusively spent or committed to Canadian programs. Movember Canada also retains a balance of unrestricted funds for future campaign expenditures.  This is a responsible practice for charitable fundraisers to ensure continuity of annual fundraising efforts.

 

You can see a list of all programs ever funded and their outcomes here - http://ca.movember.com/report-cards

Charity Contact

Website: www.ca.movember.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-591-7771

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