Board of Governors of The Banff Centre
Also known as Banff Centre for Arts and Creativity
Board of Governors of The Banff Centre reported $60.6 million in revenue and $60.0 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $86.71 went to program services, $10.91 to management and general costs and $2.38 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 48.9% of the total. Government grants made up 33.7%. The highest compensation it reported for one person was $487,556 (Governor Ex-oficio President and CEO). 80 people received more than $100,000 in reportable compensation. Revenue rose 78% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $60MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $61MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 39.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 33.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 48.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $487,556 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.81% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 80 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseArts Programming Direct cost of training students in the full spectrum of the Arts
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Governor Ex-oficio President and CEO Officer, 40.00 hrs/week | $487,556 | $0 | $0 | $487,556 |
| VP HR Officer, 40.00 hrs/week | $281,976 | $0 | $0 | $281,976 |
| Executive Director leadership Officer, 40.00 hrs/week | $237,561 | $0 | $0 | $237,561 |
| Executive Director Arts Officer, 40.00 hrs/week | $236,755 | $0 | $0 | $236,755 |
| Executive director Marketing Officer, 40.00 hrs/week | $227,930 | $0 | $0 | $227,930 |
| CIO Highest compensated employee, 40.00 hrs/week | $224,332 | $0 | $0 | $224,332 |
| Director Operations Highest compensated employee, 40.00 hrs/week | $223,932 | $0 | $0 | $223,932 |
| Director Conferences Highest compensated employee, 40.00 hrs/week | $206,636 | $0 | $0 | $206,636 |
80 people received more than $100,000 in reportable compensation from Board of Governors of The Banff Centre (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 694
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| IRONCLAD TEK INC It consultants | $605,525 |
| GEC ARCHITECTURE Architecture | $445,727 |
| PROMATEUS LIMITED It consulting | $323,035 |
| COMPUGEN INC It solutions | $316,001 |
Individuals listed as contractors are left out. 21 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Board of Governors of The Banff Centre's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Board of Governors of The Banff Centre, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Board of Governors of The Banff Centre spent in FY2025, $86.71 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The University CorporationNorthridge, CA · revenue $60M · programs 93.3% · FY2025
- University of Mount OliveMount Olive, NC · revenue $61M · programs 78.1% · FY2025
- Montclair Kimberley Academy FoundationMontclair, NJ · revenue $60M · programs 81.9% · FY2025
- The Thacher SchoolOjai, CA · revenue $61M · programs 48.6% · FY2025
- St Thomas Aquinas CollegeSparkill, NY · revenue $60M · programs 89.7% · FY2025
Questions people ask
How much of Board of Governors of The Banff Centre's spending goes to programs?
In the fiscal year ending March 31, 2025, Board of Governors of The Banff Centre reported that 86.3% of its $60.0 million in expenses went to program services, 10.9% to management and general and 2.4% to fundraising (Form 990, Part IX).
How much does Board of Governors of The Banff Centre pay its top executive?
The largest total compensation Board of Governors of The Banff Centre reported for one person in the fiscal year ending March 31, 2025 was $487,556, for the role of Governor Ex-oficio President and CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Board of Governors of The Banff Centre get its money?
Of $60.6 million in revenue in the fiscal year ending March 31, 2025, 39.8% came from contributions and grants (including 33.7% from government grants) and 48.9% from program service revenue (Form 990, Part VIII).
Is Board of Governors of The Banff Centre a registered charity?
The IRS lists EIN 98-0078729 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202522289349300102 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202422299349300002 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202312419349300301 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202300519349300600 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202300419349300700 · read the filing
All filings for EIN 98-0078729: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.