MUSICAL VENTURES INC
Charitable organizationArts·MEMORIAL HALL UNB · PO BOX 4400 · FREDERICTON, NB · E3B 5A3·BN 891807760RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
What it does — in its own words
Ongoing programs
Musical Ventures Inc. is the umbrella organization for projects that reflect our organizational goals and artistic objectives. Currently the main projects are The New Brunswick Summer Music Festival and Atlantic Sinfonia and their associated spin-off programs. New Brunswick Summer Music Festival: Approx. 15 professional musicians perform a festival of chamber music over a two week period. Events include a four-night main concert series and at free community concerts such as our free outdoor concert for families called 'Mozart in the Park' and a noon-hour concert held at Christ Church Cat… Show more
Musical Ventures Inc. is the umbrella organization for projects that reflect our organizational goals and artistic objectives. Currently the main projects are The New Brunswick Summer Music Festival and Atlantic Sinfonia and their associated spin-off programs. New Brunswick Summer Music Festival: Approx. 15 professional musicians perform a festival of chamber music over a two week period. Events include a four-night main concert series and at free community concerts such as our free outdoor concert for families called 'Mozart in the Park' and a noon-hour concert held at Christ Church Cathedral. Atlantic Sinfonia: A professional Chamber orchestra usually containing an educational component is dedicated to performing in smaller venues and communities and enabling the general public to enjoy classical music. Sinfonia is comprised of approx. 15 musicians. Musical Ventures Inc. is also supported by approximately 30 volunteers who contribute their time throughout the year toward artist hospitality event planning fund-raising and stage management.
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)96¢
Per its F2024 T3010, 96¢ 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)4%
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)—
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)$66K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)7%
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)59%
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 | $86K | 66¢ | 32% | — |
| 2020-12-31 | $56K | 63¢ | 37% | — |
| 2021-12-31 | $48K | 59¢ | 17% | — |
| 2022-12-31 | $33K | 81¢ | 19% | — |
| 2023-12-31 | $75K | 57¢ | 41% | — |
| 2024-12-31 | $66K | 96¢ | 4% | — |
| 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
6 directors reported · 6 of 6at arm's length
- Hanratty, SiobhanPresidentarm's length
- Hornsby, Richard AArtistic Director/VParm's length
- Dunfield, Kari LSecretary-Treasurerarm's length
- Holtmann, Catherine RDirectorarm's length
- Cochrane, Emily ADirectorarm's length
- Mollins, Morgan SDirectorarm'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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