Calgary Public Library Foundation

Hillier Block 429-8th Avenue SE
Calgary, AB T2G 0L6
President & CEO: Paul McIntyre Royston
Board Chair: Patricia Moore

Website: www.addin.ca
Charitable Reg. #: 87292 3537 RR0001
Sector: Arts & Culture
Public Foundation

Donor Accountability

Grade: B+

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

Full-time staff #8

Avg. Compensation $87,718

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 3
$40k - $80k 5
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Calgary Public Library Foundation:

Founded in 1999, the Calgary Public Library Foundation (CPLF) fundraises for the Calgary Public Library. Its mission is to enable the citizens of Calgary to have the best public library system in the world. The Foundation does not replace existing funding but instead seeks to enhance the collections, programs and services offered by the Calgary Public Library.

The Calgary Public Library Foundation covers the priority needs for the soon-to-be 21 branches of the Calgary Public Library not covered by the $51.6m in government funding it received in F2016. In F2016, the Calgary Public Libraries had over 600,000 members and 6.7 million visits, an 8% increase in visits over F2015. The library serves more individuals than the combined attendance of all of Calgary’s professional sports and cultural events. This indicates that the Calgary Public Libraries are receiving the equivalent of $7.70 in grants per visit.

The Foundation is running a $350m campaign for the library built on 4 strategic pillars – Adding Information, Adding Inspiration, Adding Imagination and Adding Innovation. Adding Information (17% of spending) encompasses the acquisition of resources. Highlighted projects include a digital community library and a collections endowment. Adding Inspiration (27%) seeks to provide programs, spaces and events to children that will contribute to their wellbeing. Notable projects include early learning centres in all libraries and the Arts + Culture Pass. Adding Imagination (40%) deals with the infrastructure of the libraries. Projects include three new community libraries and library booktrucks. Adding Innovation (16%) seeks to implement new technologies in its offerings. Highlighted projects include a startup hub and laptop lending.

According to a community benefits study conducted by the library, the Foundation, and Berk Consulting, the library provided a social return on investment between $2.66 and $5.73 for every dollar invested in the library, with a midpoint SROI of $4.20 in direct benefits.

Financial Review:

The Calgary Public Library Foundation is considered a medium-cap charity with donations and special events revenues of $3.2m in F2016. Its administrative costs are 15% of revenues and fundraising costs are 31% of donations. For every dollar donated, 54 cents goes towards the charity’s programs, falling outside of Ci’s reasonable range. The foundation has funding reserves of  $1.6m which can cover program costs for just over 9 months.

This charity report is an update that is being reviewed by the Calgary Public Library Foundation. Changes and edits may be forthcoming.

Updated on July 20, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending December
201620152014
Administrative costs as % of revenues 15.2%13.5%19.4%
Fundraising costs as % of donations 30.6%28.9%35.8%
Program cost coverage (%) 80.9%66.2%51.9%

Summary Financial Statements

All figures in $s
201620152014
Donations 2,576,4952,978,3621,843,740
Goods in kind 304,895206,417285,245
Business activities (net) 128,45319,6693,608
Special events 286,305347,096300,094
Investment income 8,3894,0916,730
Other income 500,000537,595546,239
Total revenues 3,804,5374,093,2302,985,656
Grants 1,957,7362,019,9791,628,038
Administrative costs 576,544551,905578,129
Fundraising costs 876,843961,231766,356
Cash flow from operations 393,414560,11513,133
Funding reserves 1,583,9661,336,259845,085
Note: Ci removed amortization of deferred capital contributions reducing expenses by $16k in F2016, and $2k in F2015 and F2014. Ci calculated casino revenue net of expenses reducing revenues and expenes by $2k in F2016 and F2014.

Comments added by the Charity:

No comments have been added by charity
Go to top