National Arts Centre Corporation
- Assets
- $237.7m
- Revenue
- $100.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 03/2004
- Data as of
- 08/2022
- EIN
- 98-0408652
Organization Overview
National Arts Centre Corporation, operating under the name Nac-Cna, is located in null. The organization was established in 2004. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Nac-Cna 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 08/2022, Nac-Cna generated $100.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $91.7m during the year ending 08/2022. While expenses have increased by 3.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PLEASE SEE PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCE EDUCATION THROUGH THE PROMOTION OF PUBLIC APPRECIATION FOR THE PERFORING ARTS INCLUDING MUSIC, THEATRE AND DANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Deacon President & CEO | Officer | 2 | $0 |
Ikram Zouari CFO | Officer | 40 | $0 |
Sarah Mackinnon Cio | Officer | 40 | $0 |
Adrian Burns Chair | Trustee | 10 | $0 |
Jim Watson Trustee | Trustee | 2 | $0 |
Sanjay Shahani Chair, Marketing And Comms | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,028,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,232,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,260,000 |
| Total Program Service Revenue | $17,071,000 |
| Investment income | $16,000 |
| 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 | $100,347,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,000 |
| Compensation of current officers, directors, key employees. | $110,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,533,000 |
| Pension plan accruals and contributions | $4,167,000 |
| Other employee benefits | $3,844,000 |
| Payroll taxes | $3,151,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $180,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,251,000 |
| Office expenses | $5,987,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,884,000 |
| Travel | $419,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $251,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,465,000 |
| Insurance | $550,000 |
| All other expenses | $0 |
| Total functional expenses | $91,685,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,151,768 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,298,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $195,000 |
| Prepaid expenses and deferred charges | $1,778,000 |
| Net Land, buildings, and equipment | $201,269,000 |
| Investments—publicly traded securities | $1,018,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $237,709,768 |
| Accounts payable and accrued expenses | $19,625,000 |
| Grants payable | $0 |
| Deferred revenue | $204,393,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $224,018,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $13,691,768 |
| Total liabilities and net assets/fund balances | $237,709,768 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Trust For Places Of Historic Interest Or Natural Beaut | $2,598,966,000 | $820,524,000 |
Canada Council For The Arts | $525,244,006 | $445,300,810 |
National Arts Centre Corporation | $237,709,768 | $100,347,000 |
Royal Ontario Museum | $166,282,284 | $61,371,646 |
Royal Shakespeare | $206,454,836 | $53,293,786 |
Ontario Educational Communications Authority | $67,292,607 | $50,739,762 |
Coif Charities Investment Fund | $5,003,702,124 | $82,088,708 |
International Bureau Of Fiscal Documentation | $69,909,820 | $37,833,588 |