Fondation du Musee des Beaux- Arts de Montreal
Public foundation · Montreal, Quebec · BN 138416268RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($11,961,422) as filed with the CRA.
Fondation du Musee des Beaux- Arts de Montreal is a public foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $18.4M in revenue and $12M in expenditures.
Its funding that year was roughly 28% from donations, 9% from other charities. In 2024, 40 other registered charities reported granting it a combined $1.5M.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 22% of peers. Its fundraising cost per donated dollar was higher than 77% of that peer group. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 22 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $8.4M in 2024, the largest being $8.4M to Musée des beaux-arts de Montréal. Revenue has grown substantially over its filings on record here, from $6.3M in 2020 to $18.4M in 2024. Its filed list of directors and trustees shows 12 names.
In its own words
Solliciter et recevoir des dons legs et autres contributions pour le bénéfice du Musée des beaux-arts de Montréal. Gérer et administrer des biens. Organiser des événements pour le bénéfice du Musée des beaux-arts de Montréal.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $18.4M | $12M | — | $2.4M | $8.4M | $72.9M |
| 2023 | $10.5M | $10.3M | — | $2.5M | $6.8M | $66.4M |
| 2022 | $13.3M | $6.1M | — | $1.4M | $3.6M | $66.3M |
| 2021 | $19.6M | $4.6M | — | $1.2M | $2.7M | $59.1M |
| 2020 | $6.3M | $9.7M | — | $1.8M | $6.9M | $44.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, March 31, 2024
- Investment income$10,447,895
- Receipted donations$4,774,648
- From other charities$1,568,516
- Other gifts$392,585
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $8.4M to 1 qualified donee:
- Musée des beaux-arts de Montréal$8.4M
Received $1.5M from 40 charities:
- Fondation Ariane Riou & Réal Plourde$600K
- Jewish Community Foundation of Montreal$208K
- The Alan & Roula Rossy Family Foundation$130K
- Fondation J. A. Desève$100K
- The Libermont Foundation/la Fondation Libermont$70K
- Fondation Famille le Blanc$50K
- Sandra and Alain Bouchard Foundation$50K
- The Trottier Family Foundation/la Fondation Familiale Trottier$40K
- The KPMG Foundation/la Fondation KPMG$38K
- Apricus Foundation/Fondation Apricus$35K
- Dorot Foundation/Fondation Dorot$25K
- Fondation Arte$20K
- Sheila and Paul Martin Family Foundation$20K
- The Azrieli Foundation$20K
- Charitable Gift Funds Canada Foundation$13K
- Charitable Gift Funds Canada Foundation$12K
- The Clematis Foundation$10K
- The Balsillie Family Foundation$10K
- Fondation Famille René et Deschênes$10K
- The Foundation of Greater Montreal$9,309
- Canadahelps Canadon$6,132
- Fondation Famille Bertrand$6,000
- Fondation Traçons un Chemin$5,000
- The Murray Frum Foundation$5,000
- The Birks Family Foundation$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $120,000–159,9991 position
- $80,000–119,9995 positions
- $40,000–79,9993 positions
- Permanent full-time positions22
- Total compensation, all staff$1.9M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Sylvie Demers (présidente); Michel De la Chenelière (fiduciaire); André Dufour (fiduciaire); Henry Mizrahi (trésorier); Yves Roy (fiduciaire); Sebastian Van Berkom (fiduciaire); Jean-Hugues Lafleur (fiduciaire); Anne Martel (fiduciaire); Catherine Ferland-Trudel (fiduciaire); Philippe Archambault (fiduciaire); René Douville (fiduciaire); Lam Jutras (fiduciaire).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation du Musee des Beaux- Arts de Montreal’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 138416268RR0001), or read how we compute the receipt.