POLARIS MUSIC PRIZE INC.
Charitable organizationArts·1079R QUEEN ST W · TORONTO, ON · M6J 1H3·BN 811194075RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
What it does — in its own words
Ongoing programs
ANNUAL GALA HONOURING AND REWARDING ARTISTS WHO PRODUCE CANADIAN MUSIC ALBUMS OF DISTINCTION WITH A SELECTED PANEL OF MUSIC CRITICS TO JUDGE.
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)70¢
Per its F2024 T3010, 70¢ 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)30%
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)0.1 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)$646K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)13%
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 ↗
★ 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
11 directors reported · 11 of 11at arm's length
- OBALLA, MIROCHAIRarm's length
- STEWART, ROBYNVICE-CHAIRarm's length
- KAUR, JAPNEETTREASURERarm's length
- GREYEYES, ALANDIRECTORarm's length
- LAU, TAO-MINGDIRECTORarm's length
- PARLMER, CARLADIRECTORarm's length
- VINCENT, MELISSADIRECTORarm's length
- SOWDEN, ERIKDIRECTORarm's length
- ROBINS, DONALDDIRECTORarm's length
- WHEELER, SUSANDIRECTORarm's length
- DELICE, GOURMETDIRECTORarm'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 ↗