L'Orchestre Symphonique De Quebec

401, Grande Allée Est
Québec , QC G1R 2J5
General Director: Astrid Chouinard
Board Chair: Jean-Yves Germain

Website: www.osq.org
Charitable Reg. #: 11906 9532 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 through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #80

Avg. Compensation $60,801

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 3
$40k - $80k 6
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About L'Orchestre Symphonique De Quebec:

Founded in 1902, Orchestre Symphonique de Quebec (OSQ) is Canada’s oldest symphony orchestra. Its mission is to interpret and promote symphonies by offering concerts and musical activities to the public of all ages and walks of life in Quebec City and the surrounding areas.

OSQ is composed of 66 permanent musicians who perform pieces by Quebecois, Canadian and foreign composers. The Orchestre plays to over 100,000 people per year. It contributes to the cultural development of future generations through enriching school programs, including Symphonic Matinees for primary schools and repetitions for secondary schools. To support future generations in music, the OSQ regularly collaborates with the Conservatoire de Musique de Quebec and Université Laval’s Faculty of Music.

In 2016, OSQ was nominated twice in the 20th prix Opus in the Concert of the Year – Quebec category and was nominated for the Prize of Excellence of Arts and Culture by the Government of Quebec.  

Financial Review:

Ci has consolidated audited financial statements of Orchestre Symphonique de Québec with figures of the Fondation de l’Orchestre Symphonique de Québec’s T3010A filings with the CRA. The Orchestre Symphonique de Quebec is considered a small-cap charity with donations of $732k in F2015. Its administrative costs are 13% of revenues and fundraising costs are 29% of donations. For every dollar donated, 59 cents goes towards the programs, falling outside of Ci’s reasonable range. The charity has funding reserves of $4.0m which can cover program costs for just over 7 months.

This report is an update that is being reviewed by l’Orchestre Symphonique de Québec. Changes and edits may be forthcoming.

Updated July 27, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending August
201520142013
Administrative costs as % of revenues 12.5%12.7%13.0%
Fundraising costs as % of donations 28.7%32.5%40.7%
Program cost coverage (%) 61.6%43.1%39.6%

Summary Financial Statements

All figures in $000s
201520142013
Donations 732893836
Government funding 4,8244,2354,278
Fees for service 2,1481,8152,497
Investment income 12113
Other income 3123
Total revenues 7,7476,9567,618
Program costs 6,5195,8837,222
Administrative costs 966884991
Fundraising costs 210291341
Other costs 0131224
Cash flow from operations 53(232)(1,159)
Funding reserves 4,0152,5372,856
Note: Ci has consolidated audited financial statements of Orchestre Symphonique de Québec with the figures from the Fondation de l’Orchestre Symphonique de Québec's T3010A filing with the CRA. Ci has adjusted marketing and client service costs affecting program and administrative costs respectively.

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