Toronto Reel Asian International Film Festival
Charitable organization · Toronto, Ontario · BN 870021383RR0001 · Education in the Arts · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,240,785) as filed with the CRA.
Toronto Reel Asian International Film Festival is a charitable organization based in Toronto, Ontario, classified by the CRA under education in the arts. In its fiscal year ending March 31, 2024, it reported $1.3M in revenue and $1.2M in expenditures.
Its funding that year was roughly 51% from donations, 40% from government. In 2024, 10 other registered charities reported granting it a combined $69K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 8% of peers. Its highest-paid positions fell in the $40,000–79,999 range (5 positions in that band). The charity reported 4 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $600K in 2020 to $1.3M in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
The toronto reel asian international film festival is a not-for-profit organization providing a dedicated forum for the development and promotion of asian media arts. Throughout the year the organization promotes the integrity and diversity of asian film culture and nurtures the talent of asian directors and artists in canada and around the world.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.2M | $626K | $42K | — | $144K |
| 2023 | $1.2M | $1.2M | $750K | $14K | — | $100K |
| 2022 | $1.1M | $1M | $671K | $6,781 | — | $163K |
| 2021 | $777K | $761K | $366K | $51K | — | $104K |
| 2020 | $600K | $666K | $357K | $65K | — | $58K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $69K from 10 charities:
- RBC Foundation$47K
- Canadian Race Relations Foundation$5,600
- Canadahelps Canadon$3,850
- Canadian Online Giving Foundation$3,675
- Credit Union Foundation of British Columbia$3,000
- S.M. Blair Family Foundation$3,000
- Lee Tak Wai Foundation$2,000
- PayPal Giving Fund Canada$630
- Toronto Foundation$250
- United Way of Greater Toronto$29
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9995 positions
- Permanent full-time positions4
- Total compensation, all staff$572K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Sydney Wong (secretary); Eric Ho (treasurer); Michael Fukushima (director); Aron Levitz (director); Kristle Bautista (vice-chair); Victor Kim (director); Shaheen Ali (vice-chair); Julie Chang (chair); Victor Kim (director); Kristle Bautista (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Toronto Reel Asian International Film Festival’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 870021383RR0001), or read how we compute the receipt.