National Ballet of Canada
Toronto, ON M5V 3K4
Executive Director: Barry Hughson
Board Chair: David Binet
Charitable Reg. #: 11905 1449 RR0001
Grade: B-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 #170
Avg. Compensation $78,964
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||2|
|$160k - $200k||2|
|$120k - $160k||3|
|$80k - $120k||1|
|$40k - $80k||0|
About National Ballet of Canada:
Founded in 1951, The National Ballet of Canada (National Ballet) performs classical and contemporary ballet for audiences in Canada and abroad. It aims to exemplify international artistic excellence by attracting and developing the artistry and talent of dancers and musicians. National Ballet performs annual Fall, Winter and Summer seasons, in addition to The Nutcracker, and tours Canada, United States and internationally.
The National Ballet also provides outreach and education for families and youth who otherwise would not be able to enjoy ballet. One of its signature programmes is YOU dance, which introduces students in grades four to six to dance through free workshops and performances. Its Dance About program introduces students in grades one to six to ballet, taking them through a day in the life of a dancer.
In F2015, The National Ballet of Canada provided 100 performances to 177,683 audience members. Its most popular performance was Alice’s Adventures in Wonderland with 28,889 audience members over 15 performances. National Ballet has 171 artists including 75 dancers and 65 musicians.
In F2015, National Ballet operated 1,600 community outreach events reaching 655,408 people. During the year, 7,950 students participated in 104 workshops and 15 YOU dance performances. Further, in F2015, 13,298 students participated in 1,219 recreational dance and fitness classes.
The National Ballet of Canada is a large charity, with donations of $10.4m in F2015. Its government funding of $6.2m in F2015 makes up 17% of its revenues. Further, its box office sales of $12.3m in F2015 make up 34% of its revenues. The charity’s administrative costs are 10% of revenues and its fundraising costs are 25% of donations. For every $1 donated to the charity, 65 cents is put towards its programs, falling within Ci's reasonable range. The charity’s funding reserves of $66.5m includes $37.4m in donor-endowed funds. This results in a program cost coverage ratio (excluding donor-endowed funds) of 123%, meaning that the charity can fund 1.2 years of its annual programs.
This charity report is an update that is being reviewed by The National Ballet of Canada. Changes and edits may be forthcoming.
Updated on May 30, 2016 by Lynn Tay.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||9.8%||8.9%||8.0%|
|Fundraising costs as % of donations||24.8%||22.0%||22.3%|
|Program cost coverage (%)||260.5%||268.4%||208.8%|
Summary Financial StatementsAll figures in $000s
|Fees for service||12,261||11,920||12,769|
|Cash flow from operations||4,989||9,951||7,775|