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CANMORE FOLK MUSIC FESTIVAL SOCIETY

Charitable organizationArts·2B - 110 KANANASKIS WAY · CANMORE, AB · T1W 2X2·BN 131513913RR0001·website ↗

Last reported: F2024 filing · period ending 2024-12-31

What it does — in its own words

Ongoing programs

ANNUAL MUSIC FESTIVAL: WE PUT ON OUR ANNUAL FESTIVAL AUGUST 5-7 2023. WE HAD A FREE EVENT ON THE FRIDAY (AUG 4) THEN THE MAIN FESTIVAL WITH 4 STAGES AUGUST LONG WEEKEND. FOR THE FREE FRIDAY CONCERT THE EVENING FEATURED LOCAL AND INDIGENOUS PERFORMERS AS WELL AS A MAIN ACT WE ALSO GAVE OUT SCHOLARSHIPS TO HIGH SCHOOL STUDENTS WHO ARE PURSING MUSIC FOR THEIR CAREERS.

New programs

WE ADDED A NEW ONE EVENING EVENT CALLED 'THE WARM UP'AT THE END OF FEBRUARY IN PARTNERSHIP WITH THE TOWN OF CANMORE. FOR THIS FIRST YEAR TICKETS WERE FREE AND WE HAD AN AMAZING TUROUT. THIS FEATURED MANY LOCAL AND ALBERTA ARTISTS

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)

22%

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)

0.4 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)

$1.2M

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

3%

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)

8%

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
2019-12-31$675K23%
2020-12-31$271K
2021-12-31$277K77¢16%2.7 yr
2022-12-31$636K40¢1.7 yr
2023-12-31$625K79¢19%0.7 yr
2024-12-31$1.2M76¢22%0.4 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

  • Frank, BrianPresidentarm's length
  • Corish, PeterVice Presidentarm's length
  • Harding, RochelleDirectorarm's length
  • Chase, MichaelTreasurerarm's length
  • Anderson, SueDirectorarm's length
  • Paczkowski, JohnDirectorarm's length
  • Smithers, WhitneyDirectorarm's length
  • Rossman, BrianSecretaryarm's length
  • Kosterski, MalloryDirectorarm'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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