NFP500

#494 of 500 · Arts, Culture & Sport

Canada Council For The Arts

EIN 98-6000843 · · NTEE A26Z · Form 990, fiscal 2024

A federal Crown corporation headquartered in Ottawa, Canada, that serves as the country's public arts funder. It distributes over $150 million annually in grants, prizes, and initiatives to emerging and established Canadian artists, including Indigenous artists, and arts organizations across the nation. Beyond funding, it manages the Canada Council Art Bank (a collection of more than 17,000 contemporary Canadian artworks), operates the Âjagemô exhibition space, administers the Public Lending Right program, and oversees the Canadian Commission for UNESCO. It reports to Parliament through the Minister of Canadian Heritage.

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Financials, fiscal 2024

Revenue
$324.7M
Expenses
$319.7M
Total assets
$452.1M
Net assets
$314.9M
Operating margin
1.5%
1-year growth
-5.1%
5-year growth (CAGR)
4.6%
Reserve (years of spending)
11.8
Contributions share
93.4%
Programme spending
0.4%
Fundraising cost
0.0%
Executive pay share
0.54%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
62

NFP Health Score: 79 / 100

Financial 59 · Governance 100 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To foster and promote the study and enjoyment of, and the production of works in, the arts.

Revenue history

YearRevenue
2020$271.4M
2021$352.0M
2022$445.3M
2023$342.0M
2024$324.7M