890565849RR0001 — 0190
Registered — Waterloo, ON — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 80/100
Financials: Revenue $17,198 · Expenditures $25,294
The Waterloo Concert Band is a 35-year-old community music ensemble in Ontario that operates with strong governance but is currently spending more than it earns — $25,294 in expenditures against $17,198 in revenue. While legitimacy and compliance scores are perfect, the below-average program spending ratio of 49.6% and volatile revenue warrant a closer look.
Our Verdict: A well-governed community band with a long track record, though its current finances show deficit spending and a below-peer program ratio. Donors should be comfortable with the organization's legitimacy but may want to understand where the non-program spending is going.