The Icelandic Festival of Manitoba - Islendingadagurinn
Charitable organization · Gimli, Manitoba · BN 118966159RR0001 · Arts · website
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($351,316) as filed with the CRA.
The Icelandic Festival of Manitoba - Islendingadagurinn is a charitable organization based in Gimli, Manitoba, classified by the CRA under arts. In its fiscal year ending October 31, 2024, it reported $386K in revenue and $351K in expenditures.
Its funding that year was roughly 14% from government. In 2024, 3 other registered charities reported granting it a combined $7,499.
Compared with 724 arts charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 52% of peers. Its fundraising cost per donated dollar was higher than 92% of that peer group. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
Revenue has declined over its filings on record here, from $999K in 2020 to $386K in 2024. Its filed list of directors and trustees shows 12 names.
In its own words
The primary purpose of the charity is to promote and mainten icelandic culture and heritage in canada. During the fiscal period the charity planned and organized the icelandic festival held in gimli manitoba
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $386K | $351K | $286K | $38K | — | $379K |
| 2023 | $397K | $337K | $269K | $43K | — | $345K |
| 2022 | $338K | $403K | $92K | $18K | — | $284K |
| 2021 | $605K | $534K | $90K | $7,808 | — | $346K |
| 2020 | $999K | $795K | $59K | $3,741 | — | $268K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $7,499 from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$57K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Marilyn Valgardson (president); Sigrun Asmundsson (vice-president); Jorunn Thordarson (2nd vice-president); Eric Stefanson (treasurer); Angela Collins (secretary); Jenna Boholij (past president); Grant Stefanson (director); Robert Rousseau (director); Signy Thorsteinson (director); Brett Lamoureux (director); Peter Bjornson (director); Larry Dewar (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Icelandic Festival of Manitoba - Islendingadagurinn’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118966159RR0001), or read how we compute the receipt.