Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending June 30, 2012 (Unaudited)
| NONOPERATING REVENUES (EXPENSES) | |
|---|---|
| State appropriations | 25,555,415 |
| Federal Grants and Contracts | 7,654,779 |
| Gifts | 250,118 |
| Investment income (net of investment expense) | 676,399 |
| Interest on capital asset-related debt | (379,855) |
| Other nonoperating revenues (expenses) | 691,303 |
| Net nonoperating revenues | 34,448,159 |
| Income (loss) before other revenues, expenses, gains or losses | (2,578,697) |
| Endowment Gifts | 106,552 |
| Capital appropriations | - |
| Increase (decrease) in net assets | (2,472,145) |
| Net assets, beginning of year | 115,979,215 |
| Beginning balance adjustments | - |
| Net assets, end of year | 113,507,070 |