LADYSMITH MARITIME SOCIETY
Charitable organizationCommunity resource·PO BOX 1030 STN MAIN · LADYSMITH, BC · V9G 1A7·BN 118990373RR0001·website ↗
Last reported: F2024 filing · period ending 2024-09-30
What it does — in its own words
Ongoing programs
LMS PROVIDED EDUCATIONAL PROGRAMS FOR MARITIME HERITAGE AND SEA LIFE THROUGH OUR SEA LIFE CENTRE AND PART-TIME MARINE BIOLOGIST. WE ALSO PROVIDED ACCESS TO HERITAGE ROW BOATS USED IN THE MARINA EDUCATIONAL BOAT TOURS ON OUR HERITAGE FLEET OUR ANNUAL SEA LIFE FESTIVALS WHERE THE PUBLIC IS EDUCATED ABOUT SEA LIFE CONSERVANCY FROM VOLUNTEER MARINE BIOLOGISTS. WE ALSO HAVE AN ONGOING BOAT RESTORATION PROGRAM AND RECENTLY OUR VOLUNTEERS RECEIVED AN INTERNATIONAL AWARD FOR THE RESTORATION OF THE DOROTHY A 1897 SAILBOAT. WE PROMOTE TOURISM AND MARITIME EDUCATION THROUGH OUR HERITAGE DISPLAYS AND … Show more
LMS PROVIDED EDUCATIONAL PROGRAMS FOR MARITIME HERITAGE AND SEA LIFE THROUGH OUR SEA LIFE CENTRE AND PART-TIME MARINE BIOLOGIST. WE ALSO PROVIDED ACCESS TO HERITAGE ROW BOATS USED IN THE MARINA EDUCATIONAL BOAT TOURS ON OUR HERITAGE FLEET OUR ANNUAL SEA LIFE FESTIVALS WHERE THE PUBLIC IS EDUCATED ABOUT SEA LIFE CONSERVANCY FROM VOLUNTEER MARINE BIOLOGISTS. WE ALSO HAVE AN ONGOING BOAT RESTORATION PROGRAM AND RECENTLY OUR VOLUNTEERS RECEIVED AN INTERNATIONAL AWARD FOR THE RESTORATION OF THE DOROTHY A 1897 SAILBOAT. WE PROMOTE TOURISM AND MARITIME EDUCATION THROUGH OUR HERITAGE DISPLAYS AND OPEN HOUSES AND ATTENDANCE AT HERITAGE BOAT SHOWS THROUGHOUT BC.
New programs
WE DID NOT ADD MORE PROGRAMS BUT HOSTED SEVERAL MUSICAL AND SPEAKER EVENINGS FOR THE PUBLIC REGARDING THE END OF THE WATER LEASE AND MARINA OPERATIONS IN DECEMBER 2023 AND SHOWCASING THE WORK COMPLETED ON THE DOROTHY SAILBOAT AND PRESERVATION WORK ON TWO FURTHER RESTORATION PROJECTS FOR 2024 AND 2025.
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)100¢
Per its F2024 T3010, 100¢ 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)—
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)0.2 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)$291K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)0%
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)6%
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 |
|---|---|---|---|---|
| 2019-09-30 | $823K | 55¢ | 42% | 2.1 yr |
| 2020-09-30 | $921K | — | — | — |
| 2021-09-30 | $866K | — | — | — |
| 2022-09-30 | $905K | — | — | — |
| 2023-09-30 | $973K | 100¢ | — | 0.7 yr |
| 2024-09-30 | $291K | 100¢ | — | 0.2 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
10 directors reported · 7 of 10at arm's length
- CRAIG, MARNIEPRESIDENTarm's length
- NEWELL, ALAN CDIRECTORarm's length
- REICHERT, RAYMOND JDIRECTOR
- DANIELS, KELVIN DPRESIDENTarm's length
- BARNETT, MARGARET ASECRETARYarm's length
- SITTARO, IVANAVICE PRESIDENT
- CLARK, JEFFTREASURERarm's length
- ALEXANDER, DAVID WDIRECTOR
- GOW, DAVIDDIRECTORarm's length
- KENNEDY, DEBRADIRECTORarm'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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