Orchestre Symphonique de Montreal
Montreal, QC H2X 0S1
CEO: Madeleine Careau
Board President: Lucien Bouchard
Charitable Reg. #: 11906 9524 RR0001
Grade: FThe 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 #66
Avg. Compensation $45,766
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||5|
|$40k - $80k||3|
About Orchestre Symphonique de Montreal:
Founded in 1934, Orchestre Symphonique de Montreal (OSM) is one of the major cultural organizations in Montreal. OSM seeks to present the symphonic music and concert artists of international stature to the broadest possible audience. It invests in the development of every form of symphonic and classical music.
Through the Friends of OSM program OSM provides youth quality educational programs at reduced prices. OSM conducts school activities at primary, secondary and college levels to provide young people the opportunity to discover classical music. Through its primary school activities OSM conducts youth concerts and provides educational support for teachers to prepare their students for the visit to the concert. OSM conducts games for children, series for families and many other community-related programs. In addition to its local performances, OSM has, to date, made nine tours in Asia, ten tours in Europe and two in South America.
Ci has consolidated the audited financial statements of Orchestre Symphonique de Montreal and Fondation de L’Orchestre de Montreal. In F2012, OSM’s administrative costs were 9% of revenues and its fundraising costs were 21% of donations. It has $43.0m in funding reserves (including $40.4m in endowment funds) covering annual programs costs by 1.9 times.
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||8.8%||10.7%||11.9%|
|Fundraising costs as % of donations||21.0%||17.0%||31.1%|
|Program cost coverage (%)||185.5%||157.6%||114.5%|
Summary Financial StatementsAll figures in $000s
|Fees for service||9,708||6,687||6,928|
|Cash flow from operations||5,074||889||(873)|