Phoenix Academy of the Arts
Publicly funded institution · North York, Ontario · BN 840069512RR0001 · Education in the Arts · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($62,701) as filed with the CRA.
Phoenix Academy of the Arts is a charitable organization based in North York, Ontario, classified by the CRA under education in the arts. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending June 30, 2024, it reported $75K in revenue and $63K in expenditures.
Its funding that year was roughly 66% from government. Government funding is the majority of its budget.
Compared with 673 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 10% of peers.
Revenue has grown substantially over its filings on record here, from $41K in 2020 to $75K in 2024.
In its own words
Classic chinese dance/folk dance esl class music & arts
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $75K | $63K | $24K | — | — | $22K |
| 2023 | $34K | $20K | $13K | — | — | $10K |
| 2022 | $112K | $127K | $127K | — | — | -$3,260 |
| 2021 | $83K | $68K | $68K | — | — | $11K |
| 2020 | $41K | $50K | $50K | — | — | -$4,088 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
- Total compensation, all staff$13K
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from Phoenix Academy of the Arts’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 840069512RR0001), or read how we compute the receipt.