Kentucky State University
Statement of Revenues, Expenses and Changes in Net Assets (By Function)
Period Ending March 31, 2011
(Unaudited)
| Period Ending March 31, 2011
(Unaudited) |
| NONOPERATING REVENUES (EXPENSES) | |
|---|
| State appropriations | 19,949,123 |
|---|
| Federal Grants and Contracts | 6,985,629 |
|---|
| Gifts | 251,411 |
|---|
| Investment income (net of investment expense) | 1,207,544 |
|---|
| Interest on capital asset-related debt | (218,733) |
|---|
| Other nonoperating revenues (expenses) | 140,316 |
|---|
| Net nonoperating revenues | 28,315,290 |
|---|
| Income (loss) before other revenues, expenses, gains or losses | 8,309,252 |
|---|
| Capital appropriations | - |
|---|
| Endowment Gifts | 736,846 |
|---|
| Increase (decrease) in net assets | 9,046,098 |
|---|
| Net assets, beginning of year | 105,396,228 |
|---|
| Beginning balance adjustments | - |
|---|
| Net assets, end of year | 114,442,326 |
|---|