Canada Council For The Arts

Organization Overview

Canada Council For The Arts is located in null. The organization was established in 1962. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canada Council For The Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Canada Council For The Arts generated $445.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $424.4m during the year ending 03/2022. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CANADA COUNCIL FOR THE ARTS IS CANADA'S NATIONAL ARM'S LENGTH ARTS FUNDING AGENCY. ACTIVITIES ARE: GRANTS (FUNDING TO INDIVIDUAL PROFESSIONAL ARTISTS & ARTS ORGANIZATIONS); ENDOWMENTS & PRIZES (FELLOWSHIPS & PRIZES TO SOME 200 ARTISTS AND SCHOLARS); RESEARCH; COMMUNICATIONS & ARTS PROMOTION

Describe the Organization's Program Activity:

Part 3 - Line 4a

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lumina It Inc
It Support
$401,298
Leverage Tek
It Support
$134,263
Raymond Chabot Grant Thornton Consulting Inc
Consulting
$124,399
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $407,239,383
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$407,239,383
Total Program Service Revenue$1,256,693
Investment income $30,482,972
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $445,300,810

Endowment Analysis

Beg. Balance$86,845,032
Earnings$5,261,442
Admin Expense$559,567
Other Expense$315,143
Grants$760,399
Ending Balance$90,471,365

Peer Organizations

Organization NameAssets
National Trust For Places Of Historic Interest Or Natural Beaut
$820,524,000
Canada Council For The Arts
$445,300,810
National Arts Centre Corporation
$100,347,000
Royal Ontario Museum
$61,371,646
Royal Shakespeare
$53,293,786

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