Community Music Schools of Toronto Foundation
Public foundation · Toronto, Ontario · BN 874878903RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($2,233,465) as filed with the CRA.
Community Music Schools of Toronto Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending June 30, 2024, it reported $2.9M in revenue and $2.2M in expenditures.
Its funding that year was roughly 26% from donations, 46% from other charities. In 2024, 30 other registered charities reported granting it a combined $730K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 86% of peers. Its fundraising cost per donated dollar was lower than 82% of that peer group. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 4 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $2.2M in 2024, the largest being $2.2M to Community Music Schools of Toronto. Revenue has grown substantially over its filings on record here, from $1.6M in 2020 to $2.9M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The objectives of the community music schools of toronto foundation are to provide financial support to communitys music school of toronto to give children and youth at risk with a quality music education.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $2.2M | — | $23K | $2.2M | $5.3M |
| 2023 | $2.9M | $2.3M | $193K | $40K | $2M | $4.6M |
| 2022 | $1.3M | $1.8M | $406K | $54K | $1.3M | $4M |
| 2021 | $1.9M | $596K | $369K | $49K | $166K | $4.5M |
| 2020 | $1.6M | $1.6M | $289K | $60K | $1.2M | $3.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2.2M to 1 qualified donee:
Received $730K from 30 charities:
- The Azrieli Foundation$215K
- The Peter Gilgan Foundation$75K
- Toronto Foundation$57K
- Hodgson Family Foundation$50K
- Canadahelps Canadon$47K
- Canadahelps Canadon$47K
- Aubrey & Marla Dan Foundation$36K
- The Conn Smythe Foundation$35K
- The Lillian Meighen and Don Wright Foundation$25K
- Tippet Foundation$20K
- R. Howard Webster Foundation$20K
- The Bickle-Wilder Foundation$20K
- Aaron Brock Foundation$12K
- Bernard & Norton Wolf Family Foundation$10K
- Aqueduct Foundation$8,500
- The Racioppo Family Foundation$7,500
- Canadian Online Giving Foundation$6,307
- The Marjorie and Joseph Wright Memorial Foundation$6,000
- Nathan and Lily Silver Family Foundation$5,000
- Lloyd Carr-Harris Foundation$5,000
- Burgundy Legacy Foundation$5,000
- McLean Smits Family Foundation$5,000
- The Leonard Charities$3,500
- The WB Family Foundation$2,000
- Aubrey & Marla Dan Foundation$2,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $40,000–79,9992 positions
- $1–39,9991 position
- Permanent full-time positions4
- Total compensation, all staff$192K
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Michael Hickey (board member); Linda Javorski (director); Jing Lu (board member); Stephanie Nguyen (board member); Irena Petkovic (board member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Community Music Schools of Toronto Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 874878903RR0001), or read how we compute the receipt.