Statements of Activities 2015 | Kent State University

Statements of Activities 2015

 

 

 

 

Revenue and support

UNRESTRICTED

TEMPORARILY
RESTRICTED 

PERMANENTLY
RESTRICTED 

TOTAL

Gifts                
     Cash and securities   $ 81,978   $ 15,346,781   $ 2,455,663   $17,884,422
     Net change in
     pledges receivable
  (2,498)

------------------
79,480
  (84,324)

-----------------
15,262,457
  591,806

-----------------
3,047,469
  504,984

-----------------
18,389,406

 
     Losses on pledges
     receivable
  375
-----------------
  (14,226)
-----------------
  (112,711)
-----------------
  (126,562)
-----------------
    79,855
-----------------
  15,248,231
-----------------
  2,934,758
-----------------
  18,262,844
-----------------
Net Investment Income                
     Securities   392,699   2,124,177   -   2,516,876
     Investment pool
     operator fee
  1,493,216   (1,493,216)   -   -
     Investment in Hotel
     and Conference
     Center
  910,382
----------------
  -
-----------------
  -
------------------
  910,382
-----------------
    2,796,297
-----------------
  630,961
-----------------
  -
-------------------
  3,427,258
-----------------
                  
Sales, services, events, and other   764   183,303   25,077   209,144
Gain or loss on sale of property   -   (177,636)   -   (177,636)
Changes in designation of prior contributions   (2,554)   (1,304,382)   1,306,936   -
Change in actuarial liabilities   -   108,615   (93,438)   15,177
Release of restrictions   13,980,813
-----------------
  (13,980, 813)
-----------------
  -
-----------------
  -
-----------------
    6,855,175
-----------------
  708,279
-----------------
  4,173,333
-----------------
  21,736,787
-----------------
Expenses and losses                
Grants for Kent State University   15,410,049   -   -   15,410,049
Administration   677,050
-----------------
  -
-----------------
  -
------------------
  677,050
-----------------
    16,087,099
-----------------
  -
-----------------
  -
-------------------
  16,087,099
-----------------
                 
Change in net assets   768,076   708,279   4,173,333   5,649,688
Net assets at beginning of year   10,229,182
-----------------
  113,388,802
-----------------
  36,833,011
-----------------
  160,450,995
-----------------
Net assets at end of year  
$10,997,258
===========
 
$114,097,081
===========
  $41,006,344
===========
  $166,100,683
===========