Hockey Hall of Fame
Toronto, ON M5E 1X8
President & CEO: Jeffery Denomme
Board Chair: Lanny McDonald
Charitable Reg. #: 11895 8883 RR0001
Grade: D+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #29
Avg. Compensation $109,149
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||6|
|$40k - $80k||0|
About Hockey Hall of Fame:
Founded in 1943, the Hockey Hall of Fame and Museum (HHFM) was established to preserve the history of ice hockey and honour the achievements of teams and individuals who made major contributions to the sport. HHFM operates the Hockey Hall of Fame which is a museum that collects and preserves objects and images connected with the game of hockey. It works with members of the Canadian and international hockey community to ensure that the players, builders and officials who have made significant contributions and achievements in the game are honoured. The charity’s museum is in Toronto.
HHFM also offers three levels of educational hockey programs for children ages 4 to 12. The program is designed for teachers and covers a variety of subjects which include history, English, math, business and physical education. All program materials can be downloaded for free.
The Hockey Hall of Fame and Museum is a medium-sized charity with donations of $2.2m in F2017, a 28% increase compared to F2015. The charity received $3.6m in admission revenue in F2017, which has been steadily increasing since F2013. HHFM also earned a profit of $3.9m from business activities in F2017 which include retail sales, facility renting, licensing and induction celebrations. Administrative costs are 15% of revenues and fundraising costs are 46% of total donations. For every dollar donated, $0.39 goes towards its programs, which falls well outside Ci's reasonable range for overhead spending. The charity holds total funding reserves of $5.0m which can cover 1.1 years of annual program costs.
This charity report is an update that has been sent to the Hockey Hall of Fame and Museum for review. Comments and edits may be forthcoming.
Updated August 9, 2018 by Derek Houlberg.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||15.2%||16.8%||17.9%|
|Fundraising costs as % of donations||45.7%||51.4%||61.8%|
|Program cost coverage (%)||107.7%||65.2%||89.5%|
Summary Financial StatementsAll figures in $000s
|Fees for service||3,646||3,001||2,809|
|Business activities (net)||3,855||3,645||3,660|
|Cash flow from operations||2,815||2,398||2,097|