Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending May 31, 2013 (Unaudited)
| NONOPERATING REVENUES (EXPENSES) | FY May 2013 | FY June 2012 |
|---|---|---|
| State appropriations | 23,645,973 | 24,660,001 |
| Federal Grants and Contracts | 5,895,289 | 7,373,490 |
| Gifts | 6,612 | 251,309 |
| Investment income (net of investment expense) | 1,318,264 | 849,729 |
| Interest on capital asset-related debt | (178,813) | (373,738) |
| Other nonoperating revenues (expenses) | 1,754,458 | 447,119 |
| Net nonoperating revenues | 32,441,783 | 33,314,462 |
| Income (loss) before other revenues, expenses, gains or losses | 7,216,486 | 1,005,724 |
| Endowment Gifts | 7,276 | 106,552 |
| Capital appropriations | - | - |
| Increase (decrease) in net assets | 7,223,762 | 1,112,276 |
| Net assets, beginning of year | 117,091,491 | 115,979,215 |
| Net assets, end of year | 124,315,253 | 117,091,491 |