Kentucky State University
Statement of Revenues, Expenses and Changes in Net Assets (By Function)
Period Ending March 31, 2011
(Unaudited)
| FY 2011 |
|---|
| REVENUES | |
|---|
| Operating Revenues | |
|---|
| Student tuition and fees (gross) | 22,315,576 |
|---|
| Less: Scholarship allowances | (4,488,908) |
|---|
| Student tuition and fees (net of scholarships) | 17,826,668 |
|---|
| Federal grants and contracts | 4,278,894 |
|---|
| Federal appropriations | 2,387,313 |
|---|
| State and local grants and contracts | 367,402 |
|---|
| Nongovernmental grants and contracts | 43,821 |
|---|
| Auxiliary enterprises | |
|---|
| Residence halls | 3,310,045 |
|---|
| Dining | 3,037,377 |
|---|
| Bookstore | 100,000 |
|---|
| Other auxiliaries | 69,541 |
|---|
| Other operating revenues | 651,952 |
|---|
| Total operating revenues | 32,073,013 |
|---|
| EXPENSES | |
|---|
| Operating expenses | |
|---|
| Educational and general | |
|---|
| Instruction | 9,161,876 |
|---|
| Research | 3,426,495 |
|---|
| Public service | 4,891,668 |
|---|
| Academic support | 2,837,692 |
|---|
| Student services | 4,502,776 |
|---|
| Institutional support | 7,416,779 |
|---|
| Operation and maintenance of plant | 4,136,606 |
|---|
| Student aid | 10,449,468 |
|---|
| Depreciation | 2,517,000 |
|---|
| Auxiliary enterprises | |
|---|
| Residence halls | 857,661 |
|---|
| Dining | 1,436,033 |
|---|
| Bookstore | - |
|---|
| Other auxiliaries | 326,500 |
|---|
| Depreciation | 118,497 |
|---|
| Total operating expenses | 52,079,051 |
|---|
| Operating income (loss) | (20,006,038) |
|---|