Lassonde Art Trail Foundation
Private foundation · Toronto, Ontario · BN 724024948RR0001 · Arts
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,037,487) as filed with the CRA.
Lassonde Art Trail Foundation is a private foundation based in Toronto, Ontario, classified by the CRA under arts. In its fiscal year ending December 31, 2024, it reported $922K in revenue and $1M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 63% from donations, 37% from other charities. In 2024, 2 other registered charities reported granting it a combined $22K.
Compared with 724 arts charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 67% of peers. Its fundraising cost per donated dollar was lower than 82% of that peer group. Its highest-paid positions fell in the $160,000–199,999 range (2 positions in that band). The charity reported 2 permanent full-time positions.
Its filed list of directors and trustees shows 3 names.
In its own words
To advance the public’s appreciation of the arts by producing public art exhibition presentations and performance art (s) events and by providing a forum for qualified artists to exhibit present or perform their artistic works. A public art program along toronto’s waterfront will be established provide an opportunity for the public to experience a wide variety of art exhibitions for free by commissioning and programming a rotating series of art works. The lassonde art trail foundation will also maintain a fund or funds to apply all or part of the principal and income therefrom from t…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $922K | $1M | $917K | $13K | — | $546K |
| 2023 | $766K | $377K | $145K | $30K | — | $403K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $22K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9992 positions
- Permanent full-time positions2
- Total compensation, all staff$420K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Julie Lassonde (director); Michael Gibbens (director); Jennifer Lassonde (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lassonde Art Trail Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 724024948RR0001), or read how we compute the receipt.