Les Grands Ballets Canadiens de Montreal

1435 De Bleury Street, Suite 500
Montréal, QC H3A 2H7
Executive Director: Alain Dancyger
Board President: Constance V. Pathy

Website: www.grandsballets.com
Charitable Reg. #: 10319 9196 RR0001
Sector: Arts & Culture
Operating Charity

Donor Accountability

Grade: C-

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 available only upon request [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #73

Avg. Compensation $64,151

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 1
$200k - $250k 1
$160k - $200k 0
$120k - $160k 0
$80k - $120k 4
$40k - $80k 4
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Les Grands Ballets Canadiens de Montreal:

Founded in 1957, Les Grands Ballets Canadiens de Montreal (GBCM) is a ballet company that performs both classical Ballet and explores new forms and variations of ballet. Les Grands Ballets performs in Canada and around the world – Ivan Cavallari is the current Artistic Director. Besides its main ballet, GBCM also runs dance classes and workshops through Les Studios, and promotes dance/movement therapy through its National Centre for Dance Therapy.

Les Studios offers dance, fitness and adapted dance classes to the public. GBCM started the program in June 2017. Current or former dancers of Les Grands Ballets teach the classes. GBCM states that Les Studios runs 26 different classes and workshops for all dance levels and many different styles of dance.

The National Centre for Dance Therapy (NCDT) is a division of GBCM that uses dance to improve a person’s well-being. Current standards require that people must have a dance background, graduate university training in clinical psychology and have completed dance/movement therapy courses to receive a dance/movement therapist accreditation. However, there is no such program in Canada. GBCM created NCDT to fill this gap. The charity is currently looking into developing dance/movement therapy master’s programs with McGill University, Concordia University and the University of Montreal. Until such programs start, NCDT offers an Alternate Route training program. The first cohort of 18 Alternate Route students graduated the program in 2015, and GBCM reports that seven are already working as therapists, interns, or on projects. Two have submitted applications to receive accreditation. The second cohort that will receive training from July 2016 to 2018 consists of 23 students.

Financial Review:

Charity Intelligence analyzed Les Grands Ballets Canadiens de Montreal’s french audited financial statements to the best of our abilities but we recognize that detailed financial information is beyond our linguistic expertise. Material omissions may not be reflected in Charity Intelligence’s analysis.

Ci consolidated GBCM with its associated Endowment Fund in the following financial analysis. Ci used asset, revenue and expense figures from the Endowment Fund’s T3010 CRA filings.

Les Grands Ballets Canadiens de Montreal is a medium-sized charity with total donations and special events fundraising of $3.1m in F2015. Administrative costs are 9% of revenues and fundraising costs are 21% of donations and special events. Per dollar donated to the charity, $0.70 goes towards its programs, which falls within Ci’s reasonable range for overhead spending. Combined funding reserves of $43.8m can cover annual program costs for 4.8 years.

This charity report is an update that is currently being reviewed  by GBCM. Comments and edits may be forthcoming.

Updated on June 27, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending June
201520142013
Administrative costs as % of revenues 8.5%6.2%6.8%
Fundraising costs as % of donations 21.2%28.1%31.0%
Program cost coverage (%) 479.9%380.0%520.6%

Summary Financial Statements

All figures in $000s
201520142013
Donations 1,9462,0283,116
Government funding 4,5534,6894,186
Fees for service 3,9955,0134,516
Business activities (net) 310465487
Special events 1,1141,3071,725
Investment income 827960646
Other income 2,4343,9191,857
Total revenues 15,17918,38216,534
Program costs 9,13010,1708,905
Administrative costs 1,2161,0751,085
Fundraising costs 6509361,500
Other costs 641503
Cash flow from operations 4,1786,1584,542
Funding reserves 43,81238,64646,359
Note: Ci reported activites de diffusion (dissemination activities) net of costs in business activities, decreasing total revenues and expenses by $2.1m in F2015, $957k in F2014 and $1.2m in F2013. Ci reported echanges de services, interest et autres (exchange of services, interests and other) in other revenue. Ci did not report the Endowment Foundation’s net proceeds from disposition of assets reported in T3010 revenue, decreasing total revenues by $462k in F2015, $818k in F2014 and $225k in F2013. Ci used the operating charity’s expense breakdown from its T3010 CRA filing and backed out amortization on a pro-rata basis from program, administrative and fundraising costs. Ci reported the Endowment Foundation’s professional and consulting fees in administrative costs, and interest and bank charges in other costs. Ci did not report fund transfers from the Endowment Foundation to the operating charity of $1.2m in F2015, $1.0m in F2014 and $683k in F2013, decreasing total revenues and expenses accordingly. Ci backed the amounts out of other revenues and omitted the amounts from grants.

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