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Ontario · Registered charity

VARLEY-MCKAY ART FOUNDATION OF MARKHAM

VARLEY-MCKAY ART FOUNDATION OF MARKHAM (Ontario) receives grants from 9 organizations whose Canada Revenue Agency filings report C$163,973 to it, the largest being TORONTO FOUNDATION (C$100,000). 5 of them have funded it in more than one year.

C$231k
Revenue FY2024
9
Funders on record
C$164k
Grants received
C$275k
Net assets
5/9 repeat funderspeak grant-dependency 72%

Against its field

VARLEY-MCKAY ART FOUNDATION OF MARKHAM's funding base is broadening — from 1 funders to 3 as grant income climbed.

Revenue growth (annualized)0% · below the median

this organization peer median middle 50% of peers· 1,067 arts nonprofits $100k–$1M, 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$224k) Expenses 100 (C$231k) Net assets 0 (C$0)2018 Revenue 73 (C$162k) Expenses 90 (C$208k)2019 Revenue 69 (C$155k) Expenses 21 (C$49k) Net assets 0 (C$0)2020 Revenue 36 (C$80k) Expenses 52 (C$121k) Net assets 0 (C$0)2021 Revenue 79 (C$178k) Expenses 89 (C$206k) Net assets 0 (C$0)2022 Revenue 67 (C$149k) Net assets 100 (C$279k)2023 Revenue 66 (C$147k) Expenses 69 (C$161k) Net assets 95 (C$266k)2024 Revenue 103 (C$231k) Net assets 99 (C$275k)
'17'18'19'20'21'22'23'24
Revenue (103)Expenses (69)Net assets (99)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: 2021 32% · 2022 27% · 2023 22% · 2024 46%. Grants only. Government contracts and fees sit inside program revenue.

10% of VARLEY-MCKAY ART FOUNDATION OF MARKHAM’s revenue is contributions — about as donation-reliant as the typical peer (11% for the typical peer).

This organization
Typical peer · 1,005 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

−C$7k
’17
−C$46k
’18
C$106k
’19
−C$42k
’20
−C$28k
’21
’22
−C$13k
’23
’24
25
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose C$25k → C$107k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
Toronto Foundationunclassified
C$100k
C$5k
Jackman Foundationunclassified
C$5k
C$5k
C$165
funders
1
2
3
2
2
4
3
3

From the CRA filings of VARLEY-MCKAY ART FOUNDATION OF MARKHAM’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

VARLEY-MCKAY ART FOUNDATION OF MARKHAM leans on a few funders — its largest provides 61% of grant income and the top three 88%; 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 VARLEY-MCKAY ART FOUNDATION OF MARKHAM.

61%
largest funder
88%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 97% · 2019 58% · 2020 99% · 2021 87% · 2022 32% · 2023 94% — diversifying over time.

“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.

How long its funders stay

25% of VARLEY-MCKAY ART FOUNDATION OF MARKHAM's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of VARLEY-MCKAY ART FOUNDATION OF MARKHAM's grant income comes from Ontario funders.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Ontario out of province

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. Your 9 funders put you under-funded among the 400 organizations that share them.

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 VARLEY-MCKAY ART FOUNDATION OF MARKHAM reports

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

FY2024C$106k
21
22
23
24
  • 46% of FY2024 revenue
  • As filed, not traced to an award

Organizations like VARLEY-MCKAY ART FOUNDATION OF MARKHAM

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 Ontario

Nationally

04Profile & governance

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

Governance

10
board members

Questions and answers

Who funds VARLEY-MCKAY ART FOUNDATION OF MARKHAM?
VARLEY-MCKAY ART FOUNDATION OF MARKHAM (Ontario) receives grants from 9 organizations whose Canada Revenue Agency filings report C$163,973 to it, the largest being TORONTO FOUNDATION (C$100,000). 5 of them have funded it in more than one year.
How many funders does VARLEY-MCKAY ART FOUNDATION OF MARKHAM have?
Canada Revenue Agency filings report 9 organizations giving C$163,973 in grants to VARLEY-MCKAY ART FOUNDATION OF MARKHAM, 5 of which have funded it in more than one year.
Who is the largest funder of VARLEY-MCKAY ART FOUNDATION OF MARKHAM?
TORONTO FOUNDATION is the largest funder on record, with C$100,000 in grants. The full list of funders is on this page.
How can an organization like VARLEY-MCKAY ART FOUNDATION OF MARKHAM find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

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 9 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