Cabbagetown Community Arts Centre

422 Parliament Street
Toronto, ON M5A 2A2
Executive Director: Sarah Patrick
Board President: Peggy Weir

Website: www.cabbagetownarts.org
Charitable Reg. #: 12945 2769 RR0001
Sector: Arts & Culture
Operating Charity

Donor Accountability

Grade: D+

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 upon request [ 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¢
2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #1

Avg. Compensation $17,521

Top 10 Staff Salary Range

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

About Cabbagetown Community Arts Centre:

Founded in 1979, Cabbagetown Community Arts Centre (CCAC) works with children from poor families in Toronto by giving music and art lessons. The charity works with kids from St. James Town, Regent Park and surrounding areas. Through its music and art lessons, CCAC aims to enrich the lives of children by instilling character, discipline and skill.

Cabbagetown Community Arts Centre reports that over 300 kids take part in its programs, of which roughly 70% come from poor families. CCAC subsidizes the costs of its programs on a sliding scale to ensure children from all income levels can participate. CCAC offers music and art lessons, in both individual and group settings, every day of the week. The charity also runs a summer camp in July.

Children at CCAC take part in music recitals, theatre performances, art shows and local events. Such activities promote family and community pride. By active participation, children develop confidence, skills and a sense of hope.

Financial Review:

Cabbagetown Community Arts Centre is a micro-cap charity with total donations and special events fundraising of $104k in F2015. Administrative costs are 26% of revenues and fundraising costs are 21% of donations and fundraising revenues. Per dollar donated to the charity, $0.53 goes towards its programs, which falls outside Ci’s reasonable range for overhead spending. In F2015, CCAC held debt of $8k with no cash on-hand. This produces a negative program cost coverage ratio – the charity does not hold sufficient funding reserves to cover its annual program costs. There is a large funding need.

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

Updated on June 6, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending August
201520142013
Administrative costs as % of revenues 26.1%24.4%21.7%
Fundraising costs as % of donations 20.8%19.9%8.1%
Program cost coverage (%) (5.2%)3.4%11.7%

Summary Financial Statements

All figures in $s
201520142013
Donations 50,00589,13549,299
Government funding 25,00025,00018,500
Fees for service 56,91044,21073,337
Special events 54,05771,01830,808
Other income 31,1937,7252,133
Total revenues 217,165237,088174,077
Program costs 160,293166,697127,864
Administrative costs 56,61257,77937,799
Fundraising costs 21,66531,9096,461
Cash flow from operations (21,405)(19,297)1,953
Funding reserves (8,376)5,62014,935
Note: Ci adjusted for deferred project revenue in donations and deferred grants in government funding, affecting revenues by ($14k) in F2015, $5k in F2014 and $20k in F2013. Ci used program, administrative and fundraising costs as reported in the charity’s T3010 CRA filing and backed out amortization on a pro-rata basis.

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