THE ROYAL CONSERVATORY OF MUSIC
Charitable organizationArts·273 BLOOR ST W · TORONTO, ON · M5S 1W2·BN 107935413RR0001·website ↗
Last reported: F2024 filing · period ending 2024-08-31
What it does — in its own words
Ongoing programs
RCM provides music and arts education across Canada.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Cents to cause
T1 · computed (open data)80¢
Per its F2024 T3010, 80¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)20%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)0.3 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$50.4M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)7%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)4%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-08-31 | $51.1M | 86¢ | 14% | 0.2 yr |
| 2020-08-31 | $50.4M | 83¢ | 17% | 0.4 yr |
| 2021-08-31 | $47.8M | 82¢ | 18% | 0.6 yr |
| 2022-08-31 | $51.0M | 84¢ | 16% | 0.4 yr |
| 2023-08-31 | $47.5M | 82¢ | 18% | 0.4 yr |
| 2024-08-31 | $50.4M | 80¢ | 20% | 0.3 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Published ratings by Charity Intelligence Canada's analysts — a separate, human review. Shown as published, never blended into our computed figures.
Overall rating
★ T2 · Charity Intelligence★
Charity Intelligence's 0–5 star overall rating.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Results reporting
★ T2 · Charity IntelligenceC-
How well the charity reports its own results (A+ to F).
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Demonstrated impact
★ T2 · Charity Intelligence—
Charity Intelligence's assessment of impact per dollar.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Board of directors
23 directors reported · 23 of 23at arm's length
- SIMON, PETERPRESIDENTarm's length
- PRICE, TIMOTHYCHAIRMAN OF THE BOARDarm's length
- BAILLIE, CHARLESDIRECTORarm's length
- BEESTON, PAULDIRECTORarm's length
- GOLDBLOOM, DAVIDDIRECTORarm's length
- HANNAM, WENDYDIRECTORarm's length
- HILLIS, JEFFREYSECRETARY/TREASURERarm's length
- IHNATOWYCZ, IANDIRECTORarm's length
- KOERNER, MICHAELDIRECTORarm's length
- L'HEUREUX, WILLARDDIRECTORarm's length
Show all 23 directors
- MCDONALD, JENIFERDIRECTORarm's length
- MYHAL, RAYLADIRECTORarm's length
- TEMERTY, JAMESDIRECTORarm's length
- VUKETS, MICHAELDIRECTORarm's length
- LISTER, STEPHENDIRECTORarm's length
- ALTUG, OKANDIRECTORarm's length
- DOYLE, KEVINDIRECTORarm's length
- CURTIN, JACKDIRECTORarm's length
- LINDROS, SONDRADIRECTORarm's length
- BROSE, ALEXANDERPRESIDENT AND CEOarm's length
- LASSONDE, JANELLEDIRECTORarm's length
- EDWARDS, HEATHERDIRECTORarm's length
- NOVAKAVIC, DONNADIRECTORarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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