Knowledge Network

4355 Mathissi Place
Burnaby, BC V5G 4S8
President & CEO: Rudy Buttignol
Board Chair: Nini Baird

Charitable Reg. #: 12153 2816 RR0001
Sector: Education
Operating Charity

Results Reporting

Grade: A-

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 for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #52

Avg. Compensation $83,424

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 0
$80k - $120k 9
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Knowledge Network:

Founded in 1981, Knowledge Network is a public educational television network in British Columbia. Its mission is to “provide all British Columbians with a trusted alternative for the commercial-free exploration of life, connecting them to the world through television, web, and mobile platforms.” Knowledge Network makes its programming available through its TV programs Knowledge Primetime and Knowledge Kids, and its web platforms and

In F2016, 2.4 million people in BC watched Knowledge Primetime, 1.6 million watched Knowledge Kids, had 1.5 million visits, and had 485,000 visits. On an average week in F2016, 1.3 million hours of Knowledge Primetime and 438,000 hours of Knowledge Kids were viewed.

Additionally, Knowledge Network aims to engage the BC community through its community outreach events. In F2016, it held 17 events, almost doubling the 9 events held in F2015 and its F2016 goal of 8 events.

By F2016, 66% of people in BC were aware of the Knowledge Network as measured in the Ipsos Reid Provincial Online Omnibus.

Financial Review:

Knowledge Network is a medium-sized charity with donations of $4.8m in F2016. Its administrative costs are 11% of revenues, and its fundraising costs are 26% of donations. For every dollar donated, 63 cents go towards Knowledge Network’s programs, falling just outside Ci’s reasonable range. Knowledge Network has funding reserves of $6.7m of which $4m are donor-endowed. This results in a program cost coverage ratio, excluding donor-endowed funds, of 31%. This means that Knowledge Network can cover just under 4 months of its annual program costs using its existing reserves, showing a need for funding.

Knowledge Network’s annual report states that endowed funds are from bequests and major gifts, however the audited financial statements do not disclose whether the endowment fund is entirely donor-endowed or partially internally restricted. As a result, Ci is assuming that it is entirely donor-endowed.

This charity report is an update that is being reviewed by Knowledge Network. Changes and edits may be forthcoming.

Updated on July 4, 2017 by Kevin Silberberg.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 10.9%6.6%7.2%
Fundraising costs as % of donations 25.9%23.2%28.9%
Program cost coverage (%) 73.6%67.1%36.3%

Summary Financial Statements

All figures in $000s
Donations 4,7915,0543,869
Government funding 6,2606,2606,260
Business activities (net) 1,4831,5461,387
Investment income 49116444
Other income 680856856
Total revenues 13,70513,87912,416
Program costs 9,0799,2399,330
Administrative costs 1,446898895
Fundraising costs 1,2411,1741,119
Cash flow from operations 1,9402,5671,073
Funding reserves 6,6856,1993,385
Note: Ci has included endowment fund contributions in donations, affecting revenues by $766k in F2016, $1.1m in F2015, and by $338k in F2014. Ci has also backed amortization of capital assets out of administrative costs, affecting administrative costs by ($360k) in F2016, ($392k) in F2015, and by ($393k) in F2014.

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