Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending December 31, 2010 (Unaudited)
| NONOPERATING REVENUES (EXPENSES) | |
|---|---|
| State appropriations | 13,531,613 |
| Federal Grants and Contracts | 3,546,102 |
| Gifts | 230,754 |
| Investment income (net of investment expense) | 879,839 |
| Interest on capital asset-related debt | (57,311) |
| Other nonoperating revenues (expenses) | (591,257) |
| Net nonoperating revenues | 17,539,740 |
| Income (loss) before other revenues, expenses, gains or losses | 15,080,166 |
| Capital appropriations | - |
| Endowment Gifts | 736,846 |
| Increase (decrease) in net assets | 15,817,012 |
| Net assets, beginning of year | 105,396,228 |
| Net assets, end of year | 121,213,240 |
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