National Arts Centre Foundation

P.O. Box 1534 Station B
Ottawa, ON K1P 5W1
CEO: Jayne Watson
Board Chair: Ms. Gail Asper

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

Audited financial statements available only through official request for information from Canada Revenue Agency

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #12

Avg. Compensation $63,396

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 1
$80k - $120k 2
$40k - $80k 6
< $40k 0
Information from most recent CRA Charities Directorate filings for F2012

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.

Financial Review:

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 Ratios

Fiscal 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 Statements

All figures in $000s
Donations 5,3636,1035,204
Goods in kind 7891,055736
Investment income 43181114
Total revenues 6,1967,3386,054
Grants 4,5124,2883,672
Administrative costs 556063
Fundraising costs 2,1472,1822,104
Cash flow from operations (519)808215
Funding reserves 4,4495,1344,385
Note: NACF changed its auditors from Deloitte & Touche LLP in F2011 to Welch LLP in F2012.

Comments added by the Charity:

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