THE COUNCIL FOR BUSINESS AND THE ARTS IN CANADA
Charitable organizationArts·340 - 26 SOHO ST · TORONTO, ON · M5T 1Z7·BN 118877471RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
Cents to cause T1
76¢
of each dollar spent, to programs
Operating overhead T1
24%
typical range 5–35%
Reserves T1
1.9 yr
of program spending, in cash and investments
Revenue T1
$2.2M
not reviewed by an analyst (Charity Intelligence)
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
Common questions
How do I donate to The Council for Business and the Arts in Canada?
You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.
Is The Council for Business and the Arts in Canada a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 118877471RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is The Council for Business and the Arts in Canada located?
Per its F2024 T3010, its address on file is 340 - 26 SOHO ST, TORONTO, ON, M5T 1Z7. Source.
What does The Council for Business and the Arts in Canada do?
In its own words, from its F2024 T3010 filing: "artsvest is Business / Arts’ signature mentorship and training program with a strong history and demonstrated success in building the capacity of Canada’s cultural sector. A free virtual training and mentorship program available to organizations from anywhere across the country artsvest is focused on building the…" Full program description.
How much of The Council for Business and the Arts in Canada's spending goes to programs?T1
Per its F2024 T3010, 76¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.
How big is The Council for Business and the Arts in Canada?T1
Its last-reported revenue was $2.2M (F2024), which places it in Charity Compass's $1M–$10M revenue band, alongside 9,072 other operating charities.
What it does — in its own words
Ongoing programs
artsvest is Business / Arts’ signature mentorship and training program with a strong history and demonstrated success in building the capacity of Canada’s cultural sector. A free virtual training and mentorship program available to organizations from anywhere across the country artsvest is focused on building the capacity of small to mid-sized arts culture and heritage organizations particularly those serving rural and equity-seeking communities. An additional regional component (artsvest Regional) is available in select communities where there is a local funding partner. Artsvest Region… Show more
artsvest is Business / Arts’ signature mentorship and training program with a strong history and demonstrated success in building the capacity of Canada’s cultural sector. A free virtual training and mentorship program available to organizations from anywhere across the country artsvest is focused on building the capacity of small to mid-sized arts culture and heritage organizations particularly those serving rural and equity-seeking communities. An additional regional component (artsvest Regional) is available in select communities where there is a local funding partner. Artsvest Regional provides more focused sponsorship training along with matching fund incentives. The Canadian Arts Summit hosted annually in partnership with the Banff Centre brings Canada's top performing and visual arts organizations together to discuss key issues facing the cultural sector. The Business / Arts Speaker Series invites industry leaders from across the business and arts sectors to share advice insights and best practices. Offered as an inclusive space for the exchange of innovative ideas the Speaker Series addresses a range of topics related to partnerships fundraising and development programming digital engagement and more. The Arts Response Tracking Survey (ARTS) is a partnership project between Business / Arts the National Arts Centre and Nanos Research. Since its launch in May 2020 ARTS has conducted quarterly surveys of over 1000 Canadian culture-goers providing valuable insights into audience behaviours and attitudes towards participating in indoor and outdoor arts and culture activities.
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. New to these terms? Read what cents to the cause, overhead and reserves mean.
76¢
Per its F2024 T3010, 76¢ of each dollar spent went to programs. The rest ran the organization and raised money; higher is not automatically better.
Sector median: 89¢ across 55,155 computed charities; 87¢ among those its size ($1M–$10M).
this charity 76¢ · sector median 89¢ · all 55,155 computed charities
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
24%
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 ↗ · what this means
1.9 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
Charities its size ($1M–$10M, 9,072): median 0.5 yr; 43% hold under half a year. All operating charities: median 0.8 yr.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Total revenue
T1 · computed (open data)$2.2M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)19%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
39%
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 ↗ · what this means
Where the money comes from
Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.
Receipted donationsT1
19%
T3010 4500 ÷ 4700
GovernmentT1
39%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
42%
T3010 remainder ÷ 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 |
|---|---|---|---|---|
| 2019-12-31 | $1.8M | 75¢ | 25% | 2.5 yr |
| 2020-12-31 | $2.4M | 70¢ | 30% | 3.1 yr |
| 2021-12-31 | $1.4M | 75¢ | 25% | 3.7 yr |
| 2022-12-31 | $2.5M | 75¢ | 25% | 2.8 yr |
| 2023-12-31 | $1.9M | 77¢ | 23% | 2.2 yr |
| 2024-12-31 | $2.2M | 76¢ | 24% | 1.9 yr |
| trend |
Swipe sideways to see every column.
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)
Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
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Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.
Board of directors
21 directors reported · 21 of 21at arm's length
- Molson C.M., AndrewVice-Chairarm's length
- Graham, AnthonyVice-Chairarm's length
- Aisenstat, DavidDirectorarm's length
- Johnson O.C. LL.D, Donald KChairman Emeritusarm's length
- Green, DuaneDirectorarm's length
- Reed, Greg ADirectorarm's length
- Rawji, IrfhanDirectorarm's length
- Fleck C.C., James DChairman Emeritusarm's length
- Price, JaniceDirectorarm's length
- Giguere C.M., JeanDirectorarm's length
Show all 21 directors
- Herman, LawrenceDirectorarm's length
- DeGagne Ph.D, MichaelDirectorarm's length
- Genest, PaulDirectorarm's length
- Foster, Robert JChairmanarm's length
- Anton Q.C., SuzanneDirectorarm's length
- Deacon, TimTreasurerarm's length
- Colas, FabienneDirectorarm's length
- Marshall, VictoriaDirectorarm's length
- Dobbie C.M., DorothyDirectorarm's length
- Watson, JayneDirectorarm's length
- Lorway, ChristopherDirectorarm'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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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗