Les Grands Ballets Canadiens de Montreal
Montréal, QC H2J 2N6
Executive Director: Alain Dancyger
Board Chair: Constance V. Pathy
Charitable Reg. #: 10319 9196 RR0001
Grade: DThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #73
Avg. Compensation $50,083
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||0|
|$80k - $120k||2|
|$40k - $80k||6|
About Les Grands Ballets Canadiens de Montreal:
Founded in 1957, Les Grands Ballets Canadiens de Montreal (GBCM) aims to follow the essence of classical ballet and to continue exploring new territories in dance.
GBCM launched the National Centre for Dance Therapy, an initiative that will use dance to promote the health and well-being of individuals, in April 2013. It is working on four pilot projects with four university health centres offering dance and movement therapy, clinical research, and Canada’s first graduate-level dance therapy training program. GBCM created the Nutcracker Fund for Children 15 years ago to allow poor children to attend a free performance. Since its inception 19,000 children have experienced ballet performances.
In F2012, GBCM’s administrative costs were 8% of revenues. Fundraising costs (taken from the charity’s T3010 CRA filing as they are not reported in its audited financial statements) were 60% of donations. It has funding reserves of $26.4m (including $23.2m in endowment funds) which cover annual program costs 3 times.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||7.6%||8.0%||9.4%|
|Fundraising costs as % of donations||60.3%||72.0%||41.9%|
|Program cost coverage (%)||299.5%||280.4%||220.4%|
Summary Financial StatementsAll figures in $000s
|Fees for service||4,481||4,115||3,705|
|Business activities (net)||1,053||313||(28)|
|Cash flow from operations||1,590||687||424|