National Ballet of Canada

470 Queens Quay West
Toronto, ON M5V 3K4
Executive Director: Barry Hughson
Board Chair: Cornell Wright

Charitable Reg. #:11905 1449 RR0001


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

[Charity Rating: 2/5]



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) 72 cents are available for programs.

My anchor


About National Ballet of Canada:

National Ballet of Canada is a 2-star charity. It follows best practices for financial transparency and has reasonable overhead costs. However, it has non-endowed funding reserves of $52.2m that can cover its program costs for nearly 4 years. Before you give, read Charity Intelligence's report.

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 three extended engagements in Toronto and does national/international tours

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. In F2021, YOU dance delivered virtual visits and workshops to 7,705 students.

During F2021, the National Ballet performed virtually due to covid-19. Its Expansive Dances performance had 146,033 views. Its Spotlight Series that included Commissioned Dance Films and Short Programmes had 1,004,245 views in F2021. In partnership with Cineplex, National Ballet delivered a special presentation of The Nutcracker available online and in select theatres. The performance downloaded 8,408 times. National Ballet also offered 1,600 families free access to the performance.

My anchor

Results and Impact

Charity Intelligence did not find any quantified outcomes on National Ballet of Canada’s website. This may not be a complete representation of National Ballet of Canada’s results and impact.

My anchor


National Ballet of Canada received $11.7m in Canadian donations in F2021. It also received $11.0m in government revenue, which made up 24% of its total revenues. Its box office sales totaled $173k, down 99% since F2019 due to the affects of covid-19. National Ballet’s administrative costs are 14% of revenues (excluding investment income) and its fundraising costs are 15% of donations. For every dollar donated to the charity, 72 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

National Ballet of Canada has $107.6m in funding reserves, of which $55.4m are externally-endowed. Excluding externally-endowed funds, National Ballet can cover its program costs for almost 4 years at the F2021 level with its funding reserves. Included in funding reserves are $90.0m in investments held by The National Ballet of Canada, Endowment Foundation. 45% of these investments are US or international equities.

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

Updated June 16, 2022 by Emily Downing

Financial Review

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 13.7%11.3%9.6%
Fundraising costs as % of donations 14.8%19.6%18.0%
Total overhead spending 28.4%30.9%27.6%
Program cost coverage (%) 379.8%131.2%151.0%

Summary Financial Statements

All figures in $000s
Donations 11,72513,05815,463
International donations 01330
Government funding 11,0059,2116,998
Fees for service 1739,40913,540
Special events 01061,238
Investment income 21,126(2,786)4,121
Other income 1,4151,799878
Total revenues 45,44430,93042,238
Program costs 16,52126,44028,618
Administrative costs 3,3203,8053,651
Fundraising costs 1,7302,5853,002
Other costs 200215221
Total spending 21,77233,04535,493
Cash flow from operations 23,672(2,115)6,745
Capital spending 162923222
Funding reserves 107,64282,49189,093

Note: Ci has consolidated the audited financial statements of The National Ballet of Canada and The National Ballet of Canada, Endowment Foundation in its financial analysis. Ci has used the aggregate contributions to the Endowment Fund for the F2021 donor-endowed funds as the charity did not report the donor-endowed funds for F2021 in its audited financial statements. Ci did not include transfers between the operating charity and the foundation in revenues and expenses, $2.7m in F2021, $3.7m in F2020, and $3.8 in F2019. Ci backed amortization out of program, administrative, and fundraising costs on a pro-rata basis. Ci reported donations from American Friends of National Ballet of Canada as international donations. Ci removed special events revenue from Canadian Donations and reported it as special events revenue.

Salary Information

Full-time staff: 115

Avg. compensation: $127,636

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

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416 345 9686


Charity Intelligence researches Canadian charities for donors to be informed and give intelligently. Our website posts free reports on more than 800 Canadian charities, as well as in-depth primers on philanthropic sectors like Canada’s environment, cancer, and homelessness. Today over 500,000 Canadians use our website as a go-to source for information on Canadian charities reading over 1.6 million charity reports. Through rigorous and independent research, Charity Intelligence aims to assist Canada’s dynamic charitable sector in being more transparent, accountable and focused on results.


Be Informed. Give Intelligently. Have Impact


Charitable Registration Number: 80340 7956 RR0001