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
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.
Cents to cause
T1 · computed (open data)76¢
Per its F2024 T3010, 76¢ 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)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 ↗
Reserves
T1 · computed (open data)1.9 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)$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 ↗
Government-funded
T1 · computed (open data)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 ↗
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 |
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 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
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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