Polaris Music Prize Inc.
Charitable organization · Toronto, Ontario · BN 811194075RR0001 · Arts · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($628,532) as filed with the CRA.
Polaris Music Prize Inc. is a charitable organization based in Toronto, Ontario, classified by the CRA under arts. In its fiscal year ending December 31, 2024, it reported $646K in revenue and $629K in expenditures.
Its funding that year was roughly 13% from donations, 39% from government. In 2024, 1 other registered charity reported granting it a combined $75K.
Compared with 724 arts charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 33% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 2 permanent full-time positions.
Its filed list of directors and trustees shows 11 names.
In its own words
Annual gala honouring and rewarding artists who produce canadian music albums of distinction with a selected panel of music critics to judge.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2024–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $646K | $629K | $441K | — | — | $159K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $75K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9991 position
- Permanent full-time positions2
- Total compensation, all staff$188K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Miro Oballa (chair); Robyn Stewart (vice-chair); Japneet Kaur (treasurer); Alan Greyeyes (director); Tao-Ming Lau (director); Carla Parlmer (director); Melissa Vincent (director); Erik Sowden (director); Donald Robins (director); Susan Wheeler (director); Gourmet Delice (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Polaris Music Prize Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 811194075RR0001), or read how we compute the receipt.