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Comox Valley Youth Music Centre

Charitable organizationEducation in the arts·204-580 DUNCAN AVE · COURTENAY, BC · V9N 2M7·BN 126249721RR0001·website ↗

Last reported: F2024 filing · period ending 2024-08-31

What it does — in its own words

Ongoing programs

CYMC PROVIDES TRAINING IN A SUMMER CAMP FOR THE FOLLOWING PROGRAMS: MUSICAL THEATRE; CLASSICAL; JAZZ; JR. STRINGS AND PIANO. THE STUDENTS SHOWCASE THEIR NEWLY GAINED SKILLS IN CONCERT AND PERFORMANCES THAT ARE ENJOYED BY THE COMOX VALLEY COMMUNITY.

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)

56¢

Per its F2024 T3010, 56¢ 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)

42%

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)

3.3 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)

$221K

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)

3%

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, 20192024.

Period endRevenueCents to causeOverheadReserves
2019-08-31$208K88¢6%1.4 yr
2020-08-31$45K72¢28%7.9 yr
2021-08-31$536K79¢21%14.7 yr
2022-08-31$179K36¢64%8.1 yr
2023-08-31$199K56¢44%4.3 yr
2024-08-31$221K56¢42%3.3 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)

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

9 directors reported · 9 of 9at arm's length

  • GOODMAN, ROGERTREASURERarm's length
  • JAKUBIEC, SHARI-LYNNESECRETARYarm's length
  • MAXTED, DIANEDIRECTORarm's length
  • VAANDERVOORT, JAYDIRECTORarm's length
  • WALLACE, MYNRA JPRESIDENTarm's length
  • COTE, PAULINEDIRECTORarm's length
  • LENNOX, HAZELDIRECTORarm's length
  • ARSENAULT, KATIEDIRECTORarm's length
  • MAY, MAUREENDIRECTORarm'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 ↗