Movember Canada

119 Spadina Avenue, PO Box 65
Toronto, ON M5T 2T2
Executive Director: Paul Villanti
Board Chair: John Hughes

Website: www.ca.movember.com
Charitable Reg. #: 84821 5604 RR0001
Sector: Health - Cancer
Public Foundation

Social Results Reporting

Grade: A-

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 #33

Avg. Compensation $44,849

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 0
$80k - $120k 3
$40k - $80k 6
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

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, mental health and physical inactivity. Besides Movember Canada, Movember Foundation and Movember Europe are the two other arms of MVF that operate in the United States and United Kingdom, respectively. Each arm is responsible for running the annual Movember campaign in its respective country. In F2015, Movember Canada registered 115,358 Canadians in the trademark Movember campaign and raised $23.4m, although donations dropped to $16.8m in F2016. Besides running the Movember campaign, Movember Canada directs funds to Prostate Cancer Canada and to programs run directly by the Movember Foundation.

Movember Canada granted $9.0m to Prostate Cancer Canada (PCC) in F2015 (F2016 breakdown not available at the time of this write-up) accounting for 61% of annual program costs. PCC directed these funds to its TrueNTH project, Genome Network (CPC-GENE) project, Movember Team Grants, Targeted Research Grants, Rising Stars Grants, Pilot Grants, Movember Discovery Grants and Movember Clinical Trials. In November 2015, the CPC-GENE project saw success when the head researcher, Dr. Robert Bristow of the Princess Margaret Cancer Centre, developed a genetic test that identifies aggressive forms of prostate cancer in patients. This test will help doctors build more tailored treatments for patients, which will improve cure rates and prevent over-treatment for patients with non-aggressive forms.

The remaining $5.9m of program costs in F2015 went toward MVF-implemented programs. The Men's Health Education and Awareness program, Global Action Plan and Canadian Men's Health & Wellbeing Innovation are three such programs. Through its Men's Health Education and Awareness program (AEP), MVF promotes awareness of men's health issues, encourages men to speak up about their physical and mental health, improve men's understanding of the health risks they face, and educates men on how to take action regarding their health concerns. According to MVF's independent 2014 research survey, 51% of men reached through AEP took action to improve their health and 46% said they plan to see a doctor to address a health concern. 99% of participants made the first step by talking to someone about their health.

Financial Review:

Movember Canada is one of Canada's 100 largest charities with total donations of $16.9m in F2016. Donations are on a steady decline, falling 28% in F2016, 29% in F2015 and 22% in F2014 for an overall drop of 60% since the peak in F2013. Administrative costs are 7% of revenues and fundraising costs are 11% of donations. $0.18 of every donated dollar goes toward overhead costs, which falls within Ci's reasonable range for overhead spending.

MVC's grantfigure in F2016 includes only the grants awarded under the Men's Health program and other funding programs as noted on its audited financial statements. F2015 and F2014 grants come from the charity's T3010 CRA filing.

Movember Canada holds $62.8m in funding reserves, which can cover annual program and granting activities for 3.9 years.

Updated on October 26, 2016 by Greg Thomson.

Financial Ratios

Fiscal year ending April
201620152014
Administrative costs as % of revenues 7.1%3.8%2.1%
Fundraising costs as % of donations 11.2%10.5%7.5%
Program cost coverage (%) 385.8%475.2%379.2%

Summary Financial Statements

All figures in $000s
201620152014
Donations 16,79123,43932,797
Business activities (net) 702142
Investment income 651649100
Other income 00663
Total revenues 17,51224,10933,601
Program costs 8,4795,8778,089
Grants 7,7879,0378,500
Administrative costs 1,188881696
Fundraising costs 1,8842,4582,473
Cash flow from operations (1,827)5,85613,843
Funding reserves 62,76070,87062,897
Note: Ticket sales and sales of goods revenue is reported gross of expenses in business activities. Ci gathered the Foundation’s expense breakdown from its T3010 CRA filings. Total program costs consist of amount spent on charitable activities and other costs. Ci backed out amortization on a pro-rata basis from program, administrative and fundraising costs.

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

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