Charity BreakdownCanadian charity filings, itemized

The Guysborough Waterfront Development Society

Publicly funded institution · Guysborough, Nova Scotia · BN 863555520RR0001 · Arts

Your $100, itemizedThe Guysborough Waterfront Development SocietyFiscal year ended March 31, 2024
Other$91
Charitable programs$4
Gifts to other charities$4
Fundraising$1
TOTAL$100
RegisteredPublicly funded

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($144,770) as filed with the CRA.

The Guysborough Waterfront Development Society is a charitable organization based in Guysborough, Nova Scotia, classified by the CRA under 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 March 31, 2024, it reported $220K in revenue and $145K in expenditures.

Its funding that year was roughly 30% from donations, 50% from government. Government funding is the majority of its budget. In 2024, 2 other registered charities reported granting it a combined $56K.

Compared with 355 arts institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 2% of peers. Its fundraising cost per donated dollar was lower than 88% of that peer group. Its reserves, measured in years of spending on hand, sat in the top decile of the group.

Revenue has grown substantially over its filings on record here, from $73K in 2020 to $220K in 2024. Its filed list of directors and trustees shows 8 names.

In its own words

Waterfront wednesdays - free outdoor concerts to public during july & august; autism group for their programs; historical society for bbq; fireworks for community

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$220K$145K$5,100$1,262$6,362$955K
2023$72K$68K$5,000$603$883K
2022$51K$49K$885K
2021$78K$49K$880K
2020$73K$56K$842K

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

Money between charities, 2024

Received $56K from 2 charities:

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

What it pays

  • Total compensation, all staff$9,518

Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Paul Long (chairman); Brent Macleod (treasurer); Carmel Avery Macdonald (secretary); David Connolly (director); Glen Rees (director); Glen Avery (director); Robert Raike (director); Kelly Post (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Guysborough Waterfront Development Society’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 863555520RR0001), or read how we compute the receipt.