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Alberta · Registered charity

NEBULA FOUNDATION

NEBULA FOUNDATION (Alberta) receives grants from 2 organizations whose Canada Revenue Agency filings report C$140,965 to it, the largest being ANATOLIAN TURKISH ISLAMIC CENTRE OF CALGARY (C$140,000). 0 of them have funded it in more than one year.

C$2.7M
Revenue FY2024
2
Funders on record
C$141k
Grants received
C$1.2M
Net assets
0/2 repeat funders

Against its field

NEBULA FOUNDATION runs a healthier operating margin than three-quarters of the 1,019 teaching institutions nonprofits its size.

Operating margin14% · top quartile
Months of reserve7.2mo · top quartile
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 1,019 teaching institutions nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$786k) Expenses 100 (C$820k) Net assets -77 (C$-61993)2018 Revenue 99 (C$781k) Expenses 90 (C$740k) Net assets -26 (C$-20599)2019 Revenue 80 (C$633k) Expenses 79 (C$645k) Net assets -41 (C$-32629)2020 Revenue 66 (C$517k) Expenses 49 (C$404k) Net assets 100 (C$80k)2021 Revenue 99 (C$778k) Expenses 77 (C$635k) Net assets 279 (C$224k)2022 Revenue 147 (C$1.2M) Expenses 115 (C$947k) Net assets 540 (C$434k)2023 Revenue 232 (C$1.8M) Expenses 170 (C$1.4M) Net assets 1066 (C$856k)2024 Revenue 341 (C$2.7M) Expenses 282 (C$2.3M) Net assets 1526 (C$1.2M)
'17'18'19'20'21'22'23'24
Revenue (341)Expenses (282)Net assets (1526)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 76% · 2018 81% · 2019 81% · 2020 88% · 2021 94% · 2022 90% · 2023 89% · 2024 87%. Grants only. Government contracts and fees sit inside program revenue.

5% of NEBULA FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (12% for the typical peer).

This organization
Typical peer · 821 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−C$34k
’17
C$41k
’18
−C$12k
’19
C$113k
’20
C$144k
’21
C$210k
’22
C$428k
’23
C$365k
’24
7.2
months of
reserve
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the CRA filings of NEBULA FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

NEBULA FOUNDATION leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEBULA FOUNDATION.

99%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

Where its funders are

99% of NEBULA FOUNDATION's grant income comes from Alberta funders.

Funder regions come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government revenue NEBULA FOUNDATION reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2024C$2.3M
17
18
19
20
21
22
23
24
  • 87% of FY2024 revenue
  • As filed, not traced to an award

Organizations like NEBULA FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Alberta

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

7
board members

Questions and answers

Who funds NEBULA FOUNDATION?
NEBULA FOUNDATION (Alberta) receives grants from 2 organizations whose Canada Revenue Agency filings report C$140,965 to it, the largest being ANATOLIAN TURKISH ISLAMIC CENTRE OF CALGARY (C$140,000). 0 of them have funded it in more than one year.
How many funders does NEBULA FOUNDATION have?
Canada Revenue Agency filings report 2 organizations giving C$140,965 in grants to NEBULA FOUNDATION.
Who is the largest funder of NEBULA FOUNDATION?
ANATOLIAN TURKISH ISLAMIC CENTRE OF CALGARY is the largest funder on record, with C$140,000 in grants. The full list of funders is on this page.
How can an organization like NEBULA FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alberta.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register