National Arts Centre Foundation
Ottawa, ON K1P 5W1
CEO: Jayne Watson
Board Chair: Ms. Gail Asper
Charitable Reg. #: 86222 5927 RR0001
Social Results Reporting
Grade: C+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #12
Avg. Compensation $63,396
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||1|
|$80k - $120k||2|
|$40k - $80k||6|
About National Arts Centre Foundation:
Canada's National Arts Centre Foundation's (NACF) mission is to inspire Canadians to support the National Arts Centre's (NAC) priorities in performance, creation and learning. It raises funds for supporting performing arts and education activities of the NAC. NACF is celebrating a decade of helping NAC enrich the lives of Canadians through the performing arts.
Based on the priorities of NAC, NACF raises funds for its National Performance Trust (NPT), National Creators Trust (NCT), and National Youth and Education Trust (NYET). Through NPT, NACF focuses on supporting performance activities, virtual and live on-stage performances at NAC and across Canada through performances in music, dance and theatre, the NAC Orchestra tours, Zone Théâtrales and the biennial Scene festivals. NCT focuses on promoting contemporary Canadian artistic voices on the national stage through programs such as NAC's English Theatre National Company and National Young Company. NYET helps the NAC fund education programs for young people across Canada through programs such as NAC Summer Music Institute and NAC Music Alive Program. 41% of total funds raised were designated to the NYET which funded more than 20 initiatives in F2012.
More than $6.1m was raised in F2012 to support performance, creation and learning across Canada. Since its inception NACF raised $67m through fundraising activities.
Ci used administrative costs value from NACF's T3010 CRA filing as administrative costs were not reported on NACF's audited financial statements. In F2012, NACF's administrative costs were 1% of revenues and its fundraising costs were 40% of donations. NACF has $4.4m in funding reserves (including $3.2m in donor-endowed funds) covering 99% of annual program costs.
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||0.9%||0.8%||1.1%|
|Fundraising costs as % of donations||40.0%||35.8%||40.4%|
|Program cost coverage (%)||98.6%||119.7%||119.4%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||789||1,055||736|
|Cash flow from operations||(519)||808||215|