The Financial Health of Canadian Genealogical Societies 2022 UPDATE

Each year organizations federally registered as charities in Canada for tax purposes must file returns with the Canada Revenue Agency. Financial and other information is available on the Revenue Canada website. Search for individual society reports at
https://apps.cra-arc.gc.ca/ebci/hacc/srch/pub/dsplyBscSrch?request_locale=en.

This post reprises and updates that of 11 August to incorporate MGS, GANS, SGS, and VGS reports. The SGCH report remains unavailable.

While two societies received substantial donations, for two-thirds revenues declined from the previous year and expenditures exceeded revenues.

Figures for the previous financial period (usually calendar year) follow the most recent in parentheses.

Alberta Genealogical Society

For the reporting period ending 2022-12-31, total assets of $1,041,398 ($590,395) and liabilities of $212,232 ($175,854.) The total revenue was $614,488 ($188,456.) That included an extraordinary item, a charitable tax eligible gift or gifts, totalling $422,882.  Expenditures totalled 199,863 ($183,798). The individual annual membership fee remains $50 for digital journal subscription. 

British Columbia Genealogical Society

For the reporting period ending 2022-12-31, total assets of $216,503 ($233,931) and liabilities of $20,517 ($37,201.) The total revenue was $27,392 ($29,895.) Expenditures totalled $28,201 ($29,895). The individual annual new membership fee remins $65.

Family History Society of Newfoundland and Labrador Inc

For the reporting period ending 2022-12-31, total assets of $78,308 ($80,912) and no liabilities. The total revenue was $32,500 ($35,743.) Expenditures totalled $34,912 ($27,526.) The individual annual membership fee remains $42.

Manitoba Genealogical Society

For the reporting period ending 2022-12-31, total assets were $87,173 ($76,104) and total liabilities of $13,100 ( $12,516). Total revenues were $69,300  ($91,050) and expenditures $58,815 ($79,710.)The individual annual membership fee is $60 ($50.)

For the reporting period ending 2021-12-31, total assets of $2,034,220 ($1,577,182) and liabilities of $280,466 ($271,019,) The total revenue was $1,004,580 ($552,102.) That included an extraordinary item, a gift or gifts, totalling $651,492.  Expenditures totalled  $556,489 ($518,402.) The individual annual membership fee remains $63.

For the reporting period ending 2021-07-31, total assets of $18,985 ($24,235) and liabilities of $4,593 ($7,260.) The total revenue was $29,203 ($43,066.) Expenditures totalled $31,785 ($31,269.) The individual annual fee remains at $75.

For the reporting period ending 2022-12-31 total assets were $220,754 ($232,273.), liabilities $116,355 ($117,868). Total revenues were $222,338 ($240,443) and expenditures $232,345 ($227,656.) Individual basic annual membership remains $70.

For the reporting period ending 2022-12-31 information is still not yet posted.

For the reporting period ending 2023-05-31  Total assests were $44,093 ($49,864) and liabilities $0 ($0. ) Total revenues were $21,680 ($25,410) and expenditures $26,507 ($28,230) Individual annual membership remains $60.