New Westminster Hyack Festival Association
Charitable organization · New Westminster, British Columbia · BN 119056992RR0001 · Community Resource Organizations · website
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($446,284) as filed with the CRA.
New Westminster Hyack Festival Association is a charitable organization based in New Westminster, British Columbia, classified by the CRA under community resource organizations. In its fiscal year ending October 31, 2024, it reported $188K in revenue and $446K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 13% from government. In 2024, 2 other registered charities reported granting it a combined $604.
Compared with 730 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 23% of peers. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 2 permanent full-time positions.
Revenue has declined over its filings on record here, from $2.6M in 2020 to $188K in 2024.
In its own words
Our international parade was a great success this year with many new entries as well as returning groups. The festival in the park attracted a record number of people who enjoyed a wide selection of vendors food and music. Our end of summer fireworks festival was another success for our organization with the spectacular fireworks presentation and enjoyed the music and dance floor all evening. Our float was enjoyed a as many bc parades as we could attend.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $188K | $446K | $301K | — | — | $2.4M |
| 2023 | $213K | $476K | $339K | — | — | $2.5M |
| 2022 | $202K | $375K | $252K | — | — | $2.6M |
| 2021 | $286K | $310K | $203K | — | — | $2.9M |
| 2020 | $2.6M | $197K | $75K | — | — | $2.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $604 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- $1–39,9991 position
- Permanent full-time positions2
- Total compensation, all staff$145K
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 New Westminster Hyack Festival Association’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119056992RR0001), or read how we compute the receipt.