Muscular Dystrophy Canada

2345 Yonge St, Suite 900
Toronto, ON M4P 2E5
CEO: Catherine Sherrard
Board Chair: Yazmine Laroche

Website: www.muscle.ca
Charitable Reg. #: 10775 5837 RR0001
Sector: Health
Operating Charity

Social Results Reporting

Grade: B

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Most recent audited financial statements available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #51

Avg. Compensation $72,244

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 2
$80k - $120k 7
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Muscular Dystrophy Canada:

Founded in 1954, Muscular Dystrophy Canada (MDC) is an organization committed to bettering the lives of the over 50,000 Canadians affected by over 150 neuromuscular disorders that cause weakening and dysfunction of the muscles. Its mission is to provide support and other resources to those affected by neuromuscular disease as well as to search for a cure and enhanced treatment by funding research. MDC delivers a variety of programs within 5 key areas of service: education, information, advocacy, support and equipment.

Among the services that MDC offers are information guides on coping with neuromuscular disorders, local educational workshops at schools, local businesses and healthcare providers, support groups operated through local chapters of volunteers, and an equipment program that provides costly wheelchairs, scooters and other essential equipment to those in need. In F2014, MDC allocated 44% of its program expenses to support and equipment services, 16% to research programs and 33% to education and information services, and 7% to other programs.

April 14, 2016 Muscular Dystrophy Canada announced Barbara Stead-Coyle as its new CEO. Stead-Coyle was CEO of Nova Scotia Canadian Cancer Society actively introducing new laws banning tobacco products and leading fundraising campaigns. Stead-Coyle starts on May 24th and will be connecting with key stakeholder groups.

Financial Review:

In F2014, MDC's administrative costs were 15% of revenues less investment income, while fundraising costs were 39% of donations. MDC has funding reserves of $10.4m, which cover annual program costs nearly 3 times.

Financial Ratios

Fiscal year ending March
201420132012
Administrative costs as % of revenues 14.5%14.0%16.8%
Fundraising costs as % of donations 39.1%40.3%41.9%
Program cost coverage (%) 297.3%211.4%195.7%

Summary Financial Statements

All figures in $000s
201420132012
Donations 10,18910,13410,123
Government funding 7431155
Investment income 216194167
Total revenues 10,47910,36010,445
Program costs 3,4834,1334,163
Administrative costs 1,4921,4201,722
Fundraising costs 3,9834,0814,237
Other costs 373331
Cash flow from operations 1,484692292
Funding reserves 10,3558,7358,146
Note: Assets amounting to $770k, $737k and $702k in F2014, F2013 and F2012 are restricted for endowment purposes as per financial statements. However, it is not clear whether these assets are externally endowed and hence are included in funding reserves.

Comments added by the Charity:

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