Historica Canada

2 Carlton Street, East Mezzanine
Toronto, ON M5B 1J3
President & CEO: Anthony Wilson-Smith
Board Chair: Stephen Smith

Website: www.historicacanada.ca
Charitable Reg. #: 88543 4720 RR0001
Sector: Arts & Culture
Operating Charity

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 [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #68

Avg. Compensation $53,093

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 2
$120k - $160k 1
$80k - $120k 2
$40k - $80k 3
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Historica Canada:

In 2009, The Historica Foundation of Canada and The Dominion Institute merged to form The Historia-Dominion Institute, renamed Historica Canada in 2013. Historica Canada aims to increase awareness of Canadian history and citizenship through 8 programs: Aboriginal Arts and Stories; the Citizenship Challenge; Encounters with Canada; Heritage Minutes; the Memory Project, Passages Canada; the Canadian Encyclopedia; and Here’s My Canada. The charity reports that it reaches over 10 million Canadians annually through its programs.

Historica Canada’s Aboriginal Arts and Stories program is an art and writing competition for Indigenous Canadians to express themselves. Writers and artists submit their work to receive writing and art prizes, which include cash prizes and opportunities to visit events such as the Governor General’s History Awards. The charity reports that more than 3000 Indigenous writers and artists participated in the competition since 2005.

The Citizenship Challenge is a citizenship exam available for people to test their knowledge of Canadian history. The charity reports that 349,878 students took the test to-date.

Encounters with Canada is a youth forum where Canadian students travel to Ottawa to participate in themed weeks and learn more about career options and Canadian history. Over 3,000 students visit Ottawa each year through this program – Historica Canada reports over 107,000 student participants to date.

Heritage Minutes are a collection of one-minute films that tell stories about important people or events in Canadian history. Historica Canada currently has 85 episodes available in its collection, and all videos are available in both French and English.

Through the Memory Project program, Canadian war veterans and Canadian Forces members share their experiences with people in the community. Historica Canada reports that speakers reached 1.6 million Canadians since 2001.

In Historica Canada’s Passages Canada program, volunteers share their stories of identity, heritage and immigration with other Canadians. Since 2002, over 900 speakers presented their stories to over 250,000 youth and adults.

The Canadian Encyclopedia is an online database of 19,613 articles giving Canadians access to updated information about the country and its history. Historica Canada reports that the current database is 4 times larger than the original collection and receives over 6 million unique visitors annually for 9.5 million page views. The Encyclopedia contains more than 30,000 multimedia items including images, maps, games, audio and video.

Financial Review:

Historica Canada is a medium-sized charity with donations of $2.6m in F2015. Administrative costs are 11% of revenues and fundraising costs are 27% of donations. Per dollar donated to the charity, $0.62 goes to the cause, which falls below Ci’s reasonable range for overhead spending. The charity’s funding reserves of $2.6m include a $535k endowment fund. Excluding endowments, the charity’s reserves can cover only 22% of annual program costs, indicating a funding need.

Historica Canada uses external fundraisers as part of its fundraising activities. In F2015, Historica Canada reports $536k in fundraising costs for external fundraisers that raised $896k, producing an external fundraising cost ratio of 59%.

This charity report is a new profile that is currently being reviewed by Historica Canada. Comments and edits may be forthcoming.

Profile created on May 23, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending August
201520142013
Administrative costs as % of revenues 10.9%12.6%13.0%
Fundraising costs as % of donations 26.9%25.1%36.9%
Program cost coverage (%) 27.3%15.2%32.7%

Summary Financial Statements

All figures in $000s
201520142013
Donations 2,5552,7542,689
Government funding 7,4016,4156,396
Fees for service 2,0912,1612,147
Other income 321261358
Total revenues 12,36711,59211,591
Program costs 9,5938,7428,505
Administrative costs 1,3521,4641,501
Fundraising costs 688692993
Cash flow from operations 735693593
Funding reserves 2,6221,3312,781
Note: Ci reported registration fees in fees for service revenues. Ci reported amortization of deferred capital contributions in donations, increasing revenues by $105k in F2016, $112k in F2014 add $214k in F2013. Ci did not adjust for changes in capital contributions. Ci could not break out changes in government vs. non-government deferred contributions and therefore could not adjust for such changes.

Comments added by the Charity:

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