Young Canadian Musicians Awards
Private foundation · North York, Ontario · BN 882090988RR0001 · Education in the Arts
Source: T3010 return, FPE 2020-06-30. Split of total expenditures ($235,878) as filed with the CRA.
Young Canadian Musicians Awards is a private foundation based in North York, Ontario, classified by the CRA under education in the arts. In its fiscal year ending June 30, 2020, it reported $28K in revenue and $236K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 4,209 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 74% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $231K in 2020, the largest being $231K to Hayastan Foundation Toronto Inc.. Its filed list of directors and trustees shows 2 names.
The ledger, 2020–2020
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2020 | $28K | $236K | — | — | $231K | $0 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2020
Granted $231K to 1 qualified donee:
- Hayastan Foundation Toronto Inc.$231K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2020)
Peter Oundjian; Anton Kuerti.
As listed on its 2020 return.
Check the source
Every figure on this page is from Young Canadian Musicians Awards’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 882090988RR0001), or read how we compute the receipt.