Unaudited
| February 2016 | February 2015 |
|---|
| NONOPERATING REVENUES (EXPENSES) | | |
|---|
| State appropriations | 18,743,700 | 18,743,680 |
|---|
| Federal grants and contracts | 4,173,473 | 4,977,117 |
|---|
| Gifts | - | - |
|---|
| Investment income (net of investment expense) | 3,219,142 | 29,167 |
|---|
| Interest on capital asset-related debt | (129,272) | (234,184) |
|---|
| Other nonoperating revenues (expenses) | - | - |
|---|
| Net Nonoperating revenues (expenses) | 26,007,042 | 23,515,780 |
|---|
| Income(loss) before other revenues expenses gains or losses | 8,820,354 | 6,666,544 |
|---|
| Endowment Gifts | 140 | 2,039 |
|---|
| Capital appropriations | - | - |
|---|
| Increase (decrease) in net assets before cumulative effect of changes | 8,820,495 | 6,668,583 |
|---|
| Cumulative Effect of a Change in Accounting Principle | (93,364,175) | - |
|---|
| Increase (decrease) in net assets | (84,543,680) | 6,668,583 |
|---|
| NET POSITION | | |
|---|
| Net assets, beginning of year | 104,683,847 | 110,017,536 |
|---|
| Net assets, end of year | 20,140,166 | 116,686,119 |
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