Page 10 - Arthritis Society Annual Report 2019/2020
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FINANCIAL REPORT
STATEMENT OF FINANCIAL ACTIVITIES
Year ended March 31, 2020, with comparative information for 2019 SOURCES OF REVENUE | AS OF MARCH 31, 2020
2020 2019 25%
REVENUE $ $ 23%
8%
Direct Response 6,733,987 6,054,009
17%
Major Gifts and Planned Giving 6,202,425 6,882,542
20%
Events 2,210,694 2,914,670
6%
Corporate, Foundations and Other Fundraising 4,683,533 5,900,420
15
10
Government 5,416,216 5,370,514 0 DIRECT RESPONSE MAJOR GIFTS AND PLANNED GIVING 20 25
5
EVENTS CORPORATE, FOUNDATIONS AND OTHER FUNDRAISING
Other 1,574,040 1,900,384 GOVERNMENT OTHER
TOTAL REVENUE 26,820,894 29,022,540
EXPENSES EXPENDITURES | AS OF MARCH 31, 2020
Research 4,293,200 4,487,118
Programs and services 10,406,648 11,470,001 51%
Building operation 583,467 577,602
38%
Administration 2,649,466 2,958,522
17,932,781 19,493,243
9%
Cost of raising funds from the public 10,845,902 11,529,307
TOTAL EXPENSES 28,778,683 31,022,550 2%
Excess (deficiency) of revenue over expenses (1,957,789) (2,000,010) 0 MISSION 10 20 30 40 50 60
ADMINISTRATION
FUNDRAISING BUILDING OPERATIONS
The Arthritis Society is accredited by the Imagine Canada Standards Program, Canada’s highest
measure of excellence for charities and not-for-profits. For more information, visit imaginecanada.ca. Full audited financial reports are available at www.arthritis.ca/finances.
Page 10 | Arthritis Society Annual Report 2019 / 2020
