Queensland Art Gallery Annual Report 1993-94

1 9 9 4 1993 Note $ $ C O S T O F SERVICES O p e r a t i n g Expenses Program Delivery Expenses Salaries 4,142,777 3,852,924 Q U E E N S L A N D A R T G A L L E R Y Administration and Finance Program 2,866,850 2,881,141 B O A R D O F T R U S T E E S Curatorial and Support Services Program 146,247 172,443 OPERATING STATEMENT Public Programs 273,022 439,420 International Programs 359,806 497,343 FOR Y E A R ENDED Non-Program Delivery Expenses 3 0 J UNE 1 9 9 4 Acquisitions — Art Works 900,578 660,891 Exhibitions, Competitions and Support Materials 475,804 99,094 Operating Expenses 3,003 55,811 Gallery Shop Expenses 649,685 84E680 Depreciation 97,653 102,665 T o t a l o p e r a t i n g e x p e n s e s 9 , 9 1 5 , 4 2 5 9,607,412 O p e r a t i n g r e v e n u e f r o m i n d e p e n d e n t sources Gallery Shop Income 800,844 1,099,144 Other Income 2 965,834 1,208,832 T o t a l o p e r a t i n g r e v e n u e f r o m independent s o u r c e s 1 , 7 6 6 , 6 7 8 2,307,976 N E T C O S T O F S E R V I C E S ( 8 , 1 4 8 , 7 4 7 ) (7,299,436) R E V E N U E F R O M GOVERNMENT Salaries 4,265,677 3,994,000 Endowment 3,758,723 3,677,000 T O T A L R E V E N U E F R O M G O V E R N M E N T 8 , 0 2 4 , 4 0 0 -7,671,000 C H A N G E IN N E T A S S E T S RESULTING F R O M O P E R A T I O N S ( 1 2 4 , 3 4 7 ) 371,564 Abnormal Item 3 21,220 - C H A N G E IN N E T A S S E T S RESULTING F R O M O P E R A T I O N S A N D A B N O R M A L I T E M ( 1 0 3 , 1 2 7 ) 371,564 A c c u m u l a t e d F u n d s a t _ 1 _ J u l y 1,348,681977,117 A C C U M U L A T E D F U N D S A T 3 0 J U N E _1,245,554_1,348,681 60