This is a difficult thing to forecast, but in our case at the Canadian Opera Company, we would rely, if you think about our revenue base, on the roughly 18% to 20% from government, the 40% from the box office, and the rest from fundraising. The fundraising pyramid is heavily weighted towards higher-end donors, but in the middle of that pyramid is a very substantial base of people who provide relatively modest amounts.
So the concept would be that through a larger tax cut, we would hope to increase that bigger part of the pyramid—at least in terms of the numbers of donors—to increase the frequency of giving and, hopefully, increase the size of giving.
In our case, I would think that for our $12 million of funding that we get from the private sector and corporations, of that, maybe $8 million comes from the private sector, and we might see an increase in the $300,000 to $500,000 range for our company.