Cabbagetown Community Arts Centre
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
D
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
75%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 75 cents are available for programs.
My anchor
OVERVIEW
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.
Due to low donor interest and Cabbagetown Community Arts Centre's small size of donations and opacity, Charity Intelligence is no longer updating this report. This gives us more time to search and research outstanding Canadian charities. If you would like Cabbagetown Community Arts Centre's information updated, please get in touch with us.
Cabbagetown Community Arts Centre reports that over 300 kids take part in its programs, of which roughly 70% come from low-income 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.
My anchor
Finances
Cabbagetown Community Arts Centre is a micro-cap charity with total donations and special events fundraising of $109k in F2017. Administrative costs are 23% of revenues and fundraising costs are 2.0% of donations and fundraising revenues. For every dollar donated, 75 cents go to the cause, which is within Ci’s reasonable range for overhead spending.
In F2017, CCAC had funding reserves of $17k, meaning that the charity can cover annual program costs for 1.5 months.
Cabbagetown Community Arts Centre's financial information is only available through a request for information with the Charities Directorate. As such, 2017 is the most recent year currently available. Given this charity's small size and low rating, Charity Intelligence will likely be discontinuing coverage of Cabbagetown Community Arts Centre unless there is donor interest.
This charity report is an update that has been sent to Cabbagetown Community Arts Centre for review. Comments and edits may be forthcoming.
Updated on August 14, 2019 by Parker Thomlinson.
Financial Review
Fiscal year ending August
|
2017 | 2016 | 2015 |
|---|---|---|---|
| Administrative costs as % of revenues | 22.5% | 22.4% | 24.5% |
| Fundraising costs as % of donations | 2.0% | 0.0% | 18.4% |
| Total overhead spending | 24.5% | 22.4% | 42.8% |
| Program cost coverage (%) | 11.9% | 0.0% | (5.2%) |
Summary Financial StatementsAll figures in $s |
2017 | 2016 | 2015 |
|---|---|---|---|
| Donations | 57,848 | 54,772 | 64,005 |
| Government funding | 25,000 | 25,000 | 25,000 |
| Fees for service | 61,409 | 74,246 | 56,910 |
| Special events | 50,825 | 41,716 | 54,057 |
| Other income | 1,382 | 2,500 | 31,193 |
| Total revenues | 196,464 | 198,234 | 231,165 |
| Program costs | 145,502 | 141,636 | 160,293 |
| Administrative costs | 44,235 | 44,327 | 56,612 |
| Fundraising costs | 2,201 | 0 | 21,665 |
| Total spending | 191,938 | 185,963 | 238,570 |
| Cash flow from operations | 4,526 | 12,271 | (7,405) |
| Funding reserves | 17,334 | 29 | (8,376) |
Note: Ci used program, administrative and fundraising costs as reported in the charity’s T3010 CRA filing.
Salary Information
$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 F2017
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it.