Classic Theatre Cobalt
Charitable organization · Cobalt, Ontario · BN 874352107RR0001 · Education in the Arts · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($113,926) as filed with the CRA.
Classic Theatre Cobalt is a charitable organization based in Cobalt, Ontario, classified by the CRA under education in the arts. In its fiscal year ending December 31, 2024, it reported $93K in revenue and $114K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 13% from government, 26% from other charities. In 2024, 2 other registered charities reported granting it a combined $24K.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 30% of peers. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
Revenue has grown substantially over its filings on record here, from $59K in 2020 to $93K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Annual professional live performance series amateur local theatre and musical performances community arts events partnerships with community arts groups art gallery featuring local traveling exhibits. Maintain a theatre performance venue with technical gear 20 plus volunteers. In theatre workshop with professional artists for youth participate in regional cultural sustainability plan creation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $93K | $114K | $87K | — | — | $200K |
| 2023 | $62K | $75K | $56K | — | — | $222K |
| 2022 | $106K | $90K | $75K | — | — | $235K |
| 2021 | $63K | $29K | $22K | — | — | $219K |
| 2020 | $59K | $37K | $32K | — | — | $185K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $24K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$52K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Elizabeth Foley (board member); Martin Drainville (board member); Kerry Hobden (board member); Darcy Griffith (board member); Emilee Pinette (board member); Shannon Lawrence (board member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Classic Theatre Cobalt’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 874352107RR0001), or read how we compute the receipt.