PATRONS OF THE ARTS FOR THE VATICAN MUSEUMS INC.
Public foundationFoundations advancing religion·10 - 2368 ABBOTT ST · KELOWNA, BC · V1Y 9G7·BN 874121320RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
What it does — in its own words
Ongoing programs
SUPPORT TO ART RESTORATION IN THE VATICAN MUSEUMS
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.
Disbursed to qualified donees
T1 · computed (open data)—
Per its F2024 T3010, this share of total spending went to other registered charities.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)5%
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)9.3 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)$996K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)6%
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)0%
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 | $220K | 74¢ | 20% | 4.1 yr |
| 2020-12-31 | $93K | 95¢ | 7% | 0.5 yr |
| 2021-12-31 | $727K | 75¢ | 24% | 8.7 yr |
| 2022-12-31 | $394K | 84¢ | 17% | 9.9 yr |
| 2023-12-31 | $480K | 93¢ | 7% | 11 yr |
| 2024-12-31 | $996K | 95¢ | 5% | 9.3 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
15 directors reported · 11 of 15at arm's length
- BOSCARIOL, VICTORIADIRECTORarm's length
- CHARLES, MICHAEL EVICE-CHAIRarm's length
- GRIMES, KATHLEENDIRECTORarm's length
- HILL, CAROLHONORARY CHAIRPERSONnot at arm's length
- HILL, PAUL JDIRECTORnot at arm's length
- MAURO, DEBRACHAIRnot at arm's length
- MAURO, TOMDIRECTORnot at arm's length
- MCGRATH, RINADIRECTORarm's length
- SHENKMAN, BILLDIRECTORarm's length
- VAN DER SLOOT, HENRYTREASURERarm's length
Show all 15 directors
- IMBROGNO, ROSANNADIRECTORarm's length
- TITHOF HILL, ALEXANDRIADIRECTORarm's length
- FRICKER-BATES, PATRICIADIRECTORarm's length
- DEE, PALICHUKDIRECTORarm's length
- STOROSHENKO, KELLIDIRECTORarm'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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