National Ballet of Canada
Toronto, ON M5V 3K4
Executive Director: Barry Hughson
Board Chair: Cornell Wright
Charitable Reg. #: 11905 1449 RR0001
Grade: C+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Full-time staff #103
Avg. Compensation $202,849
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||2|
|$160k - $200k||3|
|$120k - $160k||3|
|$80k - $120k||0|
|$40k - $80k||0|
About National Ballet of Canada:
National Ballet of Canada (National Ballet) was founded in 1951, with offices currently in Toronto, Ontario. National Ballet performs classical and contemporary ballet for the Canadian public. It seeks to show artistic excellence by attracting and developing dancers and musicians of the highest caliber. Moreover, it aims to be a national symbol of Canada’s cultural heritage. National Ballet performs annual Fall, Winter and Summer seasons, plus The Nutcracker. National Ballet has toured Canada, the United States and internationally.
National Ballet of Canada highlights its commitment to community outreach. It puts on a range of programs to provide families and youth, who would otherwise be unable, the opportunity to experience the ballet. The main program is YOU dance, which provides free workshops and performances to students in grades four to six. An example is Share the Magic, a program providing families dealing with poverty or illness, experienced by 94,400 audience members since 1986.
In F2018, National Ballet of Canada provided 96 performances to 169,301 audience members. Its most popular performance was The Nutcracker, with 52,183 audience members over 25 shows. National Ballet hosts 171 artists, including 75 dancers, 65 musicians, 16 wardrobe staff and 15 production staff.
In F2018, National Ballet of Canada provided 2,688 community outreach events for 2,487,933 attendees. During the year, 3,900 students participated in 130 YOU dance workshops. The largest event put on was World Ballet Day with 1,208,485 attendees. Moreover, 23,517 people attended 2139 in-studio classes.
National Ballet of Canada is a large charity, with $16.1m from Canadian donations in F2018. In F2018, the government granted $6.8m to National Ballet, making up 16% of total revenues. Its box office sales totaled $13m, making up 31% of revenues. National Ballet’s administrative costs are 10% of revenues (excluding investment income) and its fundraising costs are 20% of donations. For every dollar donated to the charity, 70 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
In F2018, total funding reserves of $77.3m include $47m in endowments. Excluding endowed funds, the charity’s funding reserves can fund its programs for just over a year. Ci could not break out internally and externally endowed funds in F2018 and included total endowments when calculating program cost coverage.
This charity report is an update that has been sent to National Ballet of Canada for review. Changes and edits may be forthcoming.
Updated on May 17, 2019 by Parker Thomlinson.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||9.8%||10.1%||8.5%|
|Fundraising costs as % of donations||20.1%||19.8%||19.1%|
|Program cost coverage (%)||272.4%||238.8%||223.4%|
Summary Financial StatementsAll figures in $000s
|Fees for service||12,957||14,310||12,750|
|Cash flow from operations||6,950||5,320||2,643|