C The Visual Arts Foundation
Publicly funded institution · Toronto, Ontario · BN 886431162RR0001 · Education in the Arts · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($556,577) as filed with the CRA.
C The Visual Arts Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under education in the arts. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending June 30, 2024, it reported $526K in revenue and $557K in expenditures.
Its funding that year was roughly 8% from donations, 51% from government. Government funding is the majority of its budget. In 2024, 3 other registered charities reported granting it a combined $15K.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 38% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 2 permanent full-time positions.
Its filed list of directors and trustees shows 10 names.
In its own words
C The Visual Arts Foundation is a non-profit charitable organization established to present ideas advance education and document contemporary visual art and artist culture. Our main activity is publishing C Magazine an international art periodical devoted to educating the public and promoting critical discussion about contemporary art through in-depth essays and art criticism interviews artist projects and reviews. Based in Toronto with contributors from across the country and around the world C Magazine is published three times per year in print in April (Spring) August (Autumn) and…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $526K | $557K | $453K | $25K | — | $114K |
| 2023 | $645K | $577K | $443K | $58K | — | $144K |
| 2022 | $476K | $533K | $443K | $24K | — | $78K |
| 2021 | $522K | $471K | $384K | $27K | — | $107K |
| 2020 | $493K | $454K | $371K | $29K | — | $76K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $15K from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- Permanent full-time positions2
- Total compensation, all staff$207K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Fraser Serles (chair); Tairone Bastien (director); Jayne Wilkinson (vice chair); Henry Heng Lu (director); Sarah Wang (director); Caitlin Chaisson (director); Tess Edmonson (director); Natalie Walburger (director); Janine Ramlochan (director); Justin Waddell (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from C The Visual Arts Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 886431162RR0001), or read how we compute the receipt.