Queensland Art Gallery Annual Report 1996-97

NOTES T O A N D FORMI NG PART OF T H E ACCOUNT S NOTES T O A N D FORMI NG PART OF T H E ACCOUNTS FOR T H E YEAR ENDED 30 JUNE 1997 FOR T H E YEAR ENDED 30 JUNE 1997 997 1997 1996 $1000 $1000 $'OOO NOTE 2 SALARIES NOTE 6 MARKETING AND BUSINESS Corporate Services Program 2,490 DEVELOPMENT Curatorial and Collection Development 1,029 Office Expenses 55 Exhibitions and Cultural Development I , I 0 I Other Expenses I Marketing and Business Development 3 I 0 Promotions 57 Plus Movement in Provisions for Employee Entitlements 105 $123 $5,035 NOTE 7 OTHER INCOME Donations and Bequests 421 484 NOTE 3 CORPORATE SERVICES PROGRAM Exhibition Income and Scholarships (253) (149) Catering and Functions 10 Gain/(Loss) on Sale of Plant Equipment (5) - Computerisation 74 Gain/(Loss) on Deaccessioning of Art Works I (54) Freight and Cartage 22 Grants - 106 Insurance 90 Interest Earned 148 191 Maintenance of Plant and Equipment 69 Interest Receivable 3 19 Office Expenses 335 Operating Income 93 79 Other Expenses 53 QId Cultural Centre Trust Charges 1,926 $408 $676 Staff Recruitment and Training 85 Travel Expenses 45 NOTE 8 ART WORKS Balance - I July 106,660 96,740 $2,709 Acquisitions/Gifts 276 869 NOTE 4 CURATORIAL AND COLLECTION 106,936 97,609 DEVELOPMENT Conservation 26 Less Deaccessioned Art Works 3 138 Exhibitions I I Other Expenses 14 106,933 97,471 Photography 26 Abnormal Item - Revaluation of Art Works - Purchase of Equipment 43 Increment/(Decrement) - 971 Asset Revaluation Reserve - $122 Increment/(Decrement) (38) 8,218 NOTE 5 EXHIBITIONS AND CULTURAL Balance - 30 June $106,895 $106,660 DEVELOPMENT Access and Regional Services 21 NOTE 9 ASSET REVALUATION RESERVE - Exhibitions 459 ART WORKS Maintenance of Plant and Equipment 22 Balance - I July $8,218 - Office Expenses 36 Increment/(Decrement) (38) 8,218 Other Expenses 10 Reference Books 60 Balance - 30 June $8,180 $8,218 Purchase of Equipment 18 Travel Expenses I I $637