Charity BreakdownCanadian charity filings, itemized

Govfest

Public foundation · Toronto, Ontario · BN 786967471RR0001 · Arts · website

Your $100, itemizedGovfestFiscal year ended March 31, 2024
Gifts to other charities$60
Charitable programs$38
Management & admin$2
TOTAL$100
Registered

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($66,986) as filed with the CRA.

Govfest is a public foundation based in Toronto, Ontario, classified by the CRA under arts. In its fiscal year ending March 31, 2024, it reported $69K in revenue and $67K in expenditures.

Its funding that year was roughly 42% from donations. In 2024, 3 other registered charities reported granting it a combined $55K.

Compared with 986 arts charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 72% of peers.

As a grantmaker, it reported gifts to 2 qualified donees totalling $40K in 2024, the largest being $20K to Ryan's Well Foundation.

In its own words

We organize a music festival and visual arts exhibition.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 2023–2024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$69K$67K$26K—$40K$9,099
2023$44K$39K$23K—$16K$6,715

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Public foundation — endowment and payout, March 31, 2024

Held at year end$9,286$9,286 in total assets
Given away$40Kto 2 charities
That is430.8%of what it holds
Where the money came from
  • Receipted donations$28,966
  • Other income$7,928
  • From other charities$1,000
  • Other gifts$17

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 $40K to 2 qualified donees:

Received $55K from 3 charities:

As reported on the donors’ own T3010 qualified-donee schedules.

Check the source

Every figure on this page is from Govfest’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 786967471RR0001), or read how we compute the receipt.