Circular Innovation Council
Publicly funded institution · Toronto, Ontario · BN 119112118RR0001 · Community Resource Organizations · website
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($1,392,234) as filed with the CRA.
Circular Innovation Council is a charitable organization based in Toronto, Ontario, classified by the CRA under community resource organizations. 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 May 31, 2024, it reported $1.4M in revenue and $1.4M in expenditures.
Its funding that year was roughly 28% from donations, 52% from government. Government funding is the majority of its budget. In 2024, 1 other registered charity reported granting it a combined $472.
Compared with 829 community-service institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers. Its highest-paid positions fell in the $80,000–119,999 range (3 positions in that band). The charity reported 10 permanent full-time positions.
Its filed list of directors and trustees shows 11 names.
In its own words
Publishines a weekly newsletter; sponsors an annual conference and various forums and workshops aimed at education and involving citizens busuness industry and government.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.4M | $1.1M | — | — | -$253K |
| 2023 | $1.1M | $1.1M | $900K | — | — | -$279K |
| 2022 | $780K | $784K | $630K | — | — | -$754K |
| 2021 | $637K | $600K | $501K | — | — | -$790K |
| 2020 | $978K | $1.1M | $1.1M | — | — | -$826K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $472 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9993 positions
- $40,000–79,9994 positions
- $1–39,9993 positions
- Permanent full-time positions10
- Total compensation, all staff$612K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Cindy Coutts (director); Ryan Dyment (treasurer); Isabelle Faucher (director); Michael Leering (director); Gilles Levasseur (director); Andrew McLachlin (secretary); Neil Menezes (director); Edwin Pascual (director); Wendy Potomski (director); Emily Robinson (director); Sahra Shojaie (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Circular Innovation Council’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119112118RR0001), or read how we compute the receipt.