Casa Loma Corporation’s mission is to operate a financially self-sufficient heritage attraction and hospitality venue that services Toronto residents and visitors.

Follow this link for information on the Board governance structure for Casa Loma Corporation.

2015 Financial Results

Audited Financial Statements ($000’s)

  Year ended Dec. 31, 2014 (Audited) Year ended Dec. 31, 2015 (Audited)
 Revenue  936,671  1,519,343
 Rental Income  709,147  1,500,000
 Operations and Administration  209,170
 Other Income  18,354  19,343
 Expenses  610,137  389,877
Salaries and Wages  293,483  208,888
 Property Taxes  97,785  58,567
 General Administration  84,034  7,016
Amortization 51,728 55,738
Consultants 41,792 25,546
Insurance 27,847 27,847
Professional Fees 13,468 6,275
Distribution to City of Toronto 800,000 2,012,974
Accumulated surplus, end of year 3,558,063 2,674,555

 

The distribution to the City of Toronto supports capital work on the site. In 2014-2015, work included restoration on the Norman Tower.