THE DANCE FOUNDATION
Public foundationArts·677 DAVIE ST · 6TH FLOOR · VANCOUVER, BC · V6B 2G6·BN 894975663RR0001
Last reported: F2024 filing · period ending 2024-08-31
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
The Dance Foundation as the owner of the Scotiabank Dance Centre - Canada's flagship dance facility - is dedicated to ensuring this facility dedicated to dance continues to provide premiere space for dance artists to rehearse create and present dance. The Foundation continues its efforts to ensure that the financing of its objectives is deficit-free and self-sustainable long-term; and to meet the specific needs of a diverse range of dance styles while promoting accessibility of the building and a safe environment to work in to a broad base of dance artists and organizations. The venue operat… Show more
The Dance Foundation as the owner of the Scotiabank Dance Centre - Canada's flagship dance facility - is dedicated to ensuring this facility dedicated to dance continues to provide premiere space for dance artists to rehearse create and present dance. The Foundation continues its efforts to ensure that the financing of its objectives is deficit-free and self-sustainable long-term; and to meet the specific needs of a diverse range of dance styles while promoting accessibility of the building and a safe environment to work in to a broad base of dance artists and organizations. The venue operations -- including upkeep and upgrades to equipment and spaces supporting dance production -- are covered solely through the rental revenues and fundraising activities. Use of space at discounted rates by dance artists is a key objective for The Dance Foundation’s mission.
New programs
There are no specific new program occurring other than significant investments continue to be made by The Dance Foundation's as focus continues to be on provision of superior conditions and responsive to the needs of members and other users of this dance specific venue and for all styles of dance. In response to the COVID-19 pandemic and continued post pandemic concerns re COVID exposure The Dance Foundation continues to upgrade its HVAC systems to ensure continued safety and efficiency in an effort to be responsive to the objective to ensure green operations and keeping overall sy… Show more
There are no specific new program occurring other than significant investments continue to be made by The Dance Foundation's as focus continues to be on provision of superior conditions and responsive to the needs of members and other users of this dance specific venue and for all styles of dance. In response to the COVID-19 pandemic and continued post pandemic concerns re COVID exposure The Dance Foundation continues to upgrade its HVAC systems to ensure continued safety and efficiency in an effort to be responsive to the objective to ensure green operations and keeping overall systems functioning efficiently. Due to rising operational costs several beyond our control but also investments into maintaining a safe space the Dance Foundation is focused on generating revenues from donations to support and sustain the offer of discounted spaces for dance artists to use; and the Foundation has also started work with several consultants to work with the Board to empower them to secure alternative revenue sources to cover increasing maintenance costs of the facility. Efforts are being made to secure funds for long-term sustainability and maintaining a unique cultural hub.
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)0%
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)31%
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)0.8 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)$1.1M
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)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 |
|---|---|---|---|---|
| 2019-08-31 | $1.2M | 59¢ | 36% | 0.6 yr |
| 2020-08-31 | $826K | 64¢ | 36% | 1 yr |
| 2021-08-31 | $830K | 64¢ | 36% | 1.1 yr |
| 2022-08-31 | $968K | 66¢ | 34% | 1 yr |
| 2023-08-31 | $1.1M | 64¢ | 36% | 1.1 yr |
| 2024-08-31 | $1.1M | 69¢ | 31% | 0.8 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
7 directors reported · 7 of 7at arm's length
- Blankstein, LindaChairarm's length
- Wells, JaniceTreasurerarm's length
- Luui, Anndraya TSecretaryarm's length
- Benzel, Andrea RVice-Chairarm's length
- Luo, SamanthaDirectorarm's length
- Osburn, MarkDirectorarm's length
- Faris, ShaadiDirectorarm'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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