Toronto Biennial of Art
Charitable organization · Toronto, Ontario · BN 825673783RR0001 · Arts
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,758,533) as filed with the CRA.
Toronto Biennial of Art is a charitable organization based in Toronto, Ontario, classified by the CRA under arts. In its fiscal year ending March 31, 2024, it reported $1.5M in revenue and $1.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 17% from donations, 17% from government, 6% from other charities. In 2024, 19 other registered charities reported granting it a combined $564K.
Compared with 296 arts charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 46% of peers. Its fundraising cost per donated dollar was lower than 86% of that peer group. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 13 permanent full-time positions.
Revenue has declined over its filings on record here, from $5.9M in 2020 to $1.5M in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
The purpose of the organization is to create a first class international visual arts biennal for the city of toronto; art festival 72 days in length engaging youth families artists communities and professionals in the arts while building cultural infrastructure from a national and global perspective
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.8M | $1.4M | $10K | — | -$197K |
| 2023 | $4.3M | $4.5M | $3.7M | — | — | $91K |
| 2022 | $3.3M | $3.4M | $2.5M | — | $377 | $127K |
| 2021 | $1.3M | $1.2M | $306K | — | $1,000 | $133K |
| 2020 | $5.9M | $5.8M | $5.4M | — | — | $91K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $564K from 19 charities:
- Canadahelps Canadon$121K
- Canadahelps Canadon$121K
- Lynwood Family Foundation$100K
- The Sabourin Family Foundation$75K
- The Shen Family Charitable Foundation$30K
- The Goodman Family Foundation$20K
- The Ouellette Family Foundation$20K
- Fondation Desjardins$18K
- The Lewitt Family Foundation$15K
- Aqueduct Foundation$10K
- Lindy Green Family Foundation$10K
- Jewish Foundation of Greater Toronto$5,000
- Poile Family Foundation$5,000
- The William and Nona Heaslip Foundation$5,000
- Cidel Foundation$5,000
- Charitable Gift Funds Canada Foundation$2,750
- Canadian Online Giving Foundation$1,105
- Vega Foundation$570
- PayPal Giving Fund Canada$1
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $120,000–159,9992 positions
- $80,000–119,9993 positions
- $40,000–79,9997 positions
- Permanent full-time positions13
- Total compensation, all staff$1.3M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Camille Georgeson-Usher (co-chair); Deborah Wang (secretary treasurer); Paul Bain (co-chair); Rashad Maharaj (board member); Sebastian Greenall (director); Shimaly Roula (director); Matthew Kingston (director); Sarah Aranha (director); Candance Hopkins (director); Simon Beaulieu (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Toronto Biennial of Art’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 825673783RR0001), or read how we compute the receipt.