DAREarts reports record growth for F2017


PALGRAVE, Ontario, Jan. 15, 2018 (GLOBE NEWSWIRE) -- The DAREarts Foundation Annual General Meeting on January 9th, 2018 marked the 21st year of achievement by this growing, national, youth-serving charity.   In 21 years, over 200,000 children have been empowered by DAREarts, either directly or through a young leader.  The kids rise to the challenge of Discipline, Action, Responsibility and Excellence: the ‘DARE’ values that form the framework of all DAREarts’ creative workshops and leave these kids with a life path.

DAREarts Chairman, Tarik Muzaffar, Managing Director & Global Head - Financial Institutions, Global Transaction Banking, TD Securities, reported that, for the fiscal year that ended July 31st, revenues of $1,021,073 increased 43% over the previous year, while expenses were kept to $846,830.  This record support allowed the charity to build sustainability within its structure and programs.   Click here for the F2017 annual report: http://www.darearts.com/annual_reports.shtml

The Chairman thanked the corporate, foundation, government and individual supporters plus directors, staff, teachers, artist-educators and 182 volunteers for their support that ranged from funding to giving personal time.

DAREarts’ national supporter is Northbridge Insurance.  Its lead supporters are: Anne Livingston, Baton Rouge, Scotiabank, TD Bank Group, Bank of America Merrill Lynch plus the Province of Ontario government support through ONT150 - Ministry of Tourism, Culture and Sport and the Ontario Arts Council.

DAREarts Founder and President, Marilyn Field, detailed the charity’s national impact - from Vancouver, Toronto, remote northern First Nations - Marten Falls, Webequie, Attawapisakat and Neskantaga - and Montreal to Halifax — where DAREarts reached a total 10,053 children in underserved communities.

Looking ahead, Mr. Muzaffar and Ms. Field noted that DAREarts will continue to build sustainable capacity as the charity works towards its goal of empowering another 50,000 children through a revenue goal of $5M by 2021.

Ms. Field shared her vision for DAREarts’ third decade, “The collective voice of our youth from all cultures will be the legacy of DAREarts. More young people will connect across Canada as they define their purpose, mobilize their passions and speak up to ignite positive change.”

BACKGROUND:
Canada’s DAREarts is a national charity (#88691 7764 RR0002) that uses the arts to empower over 10,000 at-risk children annually with the confidence and courage to be leaders. DAREarts stands for Discipline, Action, Responsibility and Excellence. Recognized for its role in developing leadership in young people, DAREarts works with 9-19 year olds from schools in underserved communities, providing intensive arts education programs.  Visit www.darearts.com for more information.

For more information, please contact:
Marilyn Field, MSM,  
DAREarts Founder & President,
905-729-0097  
mfield@darearts.com   

F2017 annual report: http://resource.globenewswire.com/Resource/Download/1487f908-7bc1-4f76-8416-8ee323971f4f


Attachments

F2017 DAREarts Annual Report - EMAIL.pdf