National Arts Centre Foundation

53 Elgin Street
Ottawa, ON K1P 5W1
CEO: Jayne Watson
Board Chair: Janice O'Born

Website: www.nac-can.ca/en/foundation
Charitable Reg. #: 86222 5927 RR0001
Sector: Arts & Culture
Public Foundation

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

Most recent audited financial statements available on the charity's website [ 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¢
2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #11

Avg. Compensation $107,286

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 1
$80k - $120k 1
$40k - $80k 7
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About National Arts Centre Foundation:

Founded in 2000, National Arts Centre Foundation (NACF) is the fundraising arm of National Arts Centre (NAC). The Foundation’s mission is to inspire Canadians to support the NAC’s priorities in performance, creation and learning. It raises funds for supporting performing arts and education activities of NAC, and granted $8.1m to NAC in F2016. Based in Ottawa, NAC is the only bilingual, multidisciplinary performing arts centre in Canada, and its major programs include the NAC Orchestra, English Theatre, French Theatre, Dance, Scene festivals, and NAC Presents.

National Arts Centre Foundation outlines five funding project and priority buckets: Supporting Performance, Supporting Creation, the National Youth and Education Trust (NYET), the CEO National Fund, and Share the Spirit. Supporting Performance grants focus on funding NAC’s performances in music, dance and theatre, both virtual and live on-stage. Supporting Creation grants give artists the opportunity to share their work through music, theatre, and dance with Canadians, promoting contemporary Canadian artistic voices on the national stage. In F2016, NAC staged 1,170 performances, the English Theatre conducted 18 student workshops that 487 students attended, the French Theatre student matinees reached 2,044 youth and teachers, 1,500 students and teachers attended NAC Dance workshops and master classes, and the Music Circle Workshops program expanded to reach over 50 people with developmental disorders.

NYET helps NAC fund education programs for young people across Canada through programs such as NAC Summer Music Institute and NAC Music Alive Program. 27% of total funds raised were designated to NYET in F2016. Audition Coaching, a pilot program launched in 2016 and funded by NYET, matches students with established NAC artists for audition coaching and mentorships. The program had 15 participating students in 2016, and NACF reports that two have been accepted into prestigious training programs and five were cast in a co-production between two major regional theatres.

The CEO National Fund supports NAC’s webcast and podcast activities that engage Canadians even in remote regions. It also supports NAC Orchestra's and English Theatre’s national tours, and NAC’s showcases such as its biennial Scene festivals. Share the Spirit allows vulnerable people living in the National Capital Region to attend performing arts shows for free. NACF reports that NAC provided over 2,000 tickets last year through community partners.

Financial Review:

National Arts Centre Foundation is a big-cap charity with total donations of $11.0m in F2016. Administrative costs are 1% of total revenues and fundraising costs are 22% of donations. Per dollar donated to NACF, $0.78 goes toward its grants, which falls within Ci’s reasonable range for overhead spending. Funding reserves of $9.9m can cover annual granting activities to National Arts Centre for 1.2 years.

NACF reports using external fundraisers as part of its fundraising activities. In its F2016 T3010 CRA filing, NACF reports external fundraising costs of $331k. External fundraisers raised $916k on behalf of the Foundation (8% of total cash donations for the year), producing an external fundraising cost ratio of 36%.

This charity report is an update that is currently being reviewed by National Arts Centre Foundation. Comments and edits may be forthcoming.

Updated on August 10, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending August
201620152014
Administrative costs as % of revenues 0.6%0.6%0.9%
Fundraising costs as % of donations 21.6%25.8%33.0%
Program cost coverage (%) 122.6%131.6%135.9%

Summary Financial Statements

All figures in $000s
201620152014
Donations 11,0459,6037,478
Goods in kind 1,0251,215977
Investment income 35827458
Total revenues 12,42810,8468,913
Grants 8,0946,3844,959
Administrative costs 696776
Fundraising costs 2,3852,4792,470
Cash flow from operations 1,8801,9151,407
Funding reserves 9,9218,4006,738
Note: Ci used the Foundation’s T3010 CRA filing for administrative and fundraising costs.

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