Comox Valley Youth Music Centre
Charitable organization · Courtenay, British Columbia · BN 126249721RR0001 · Education in the Arts · website
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($295,450) as filed with the CRA.
Comox Valley Youth Music Centre is a charitable organization based in Courtenay, British Columbia, classified by the CRA under education in the arts. In its fiscal year ending August 31, 2024, it reported $221K in revenue and $295K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 5% from donations. In 2024, 3 other registered charities reported granting it a combined $16K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 17% 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 $45K in 2020 to $221K in 2024.
In its own words
Cymc provides training in a summer camp for the following programs: musical theatre; classical; jazz; jr. Strings and piano. The students showcase their newly gained skills in concert and performances that are enjoyed by the comox valley community.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $221K | $295K | $165K | — | — | $548K |
| 2023 | $199K | $261K | $146K | — | — | $622K |
| 2022 | $179K | $238K | $86K | — | — | $684K |
| 2021 | $536K | $65K | $52K | — | — | $742K |
| 2020 | $45K | $50K | $36K | — | — | $272K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $16K from 3 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.
Check the source
Every figure on this page is from Comox Valley Youth Music Centre’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 126249721RR0001), or read how we compute the receipt.