Kentucky State University Statement of Revenues, Expenses and Changes in Net Assets (By Function) Period Ending February 29, 2012 (Unaudited)
| NONOPERATING REVENUES (EXPENSES) | |
|---|---|
| State appropriations | 19,841,270 |
| Federal Grants and Contracts | 7,103,034 |
| Gifts | 80,255 |
| Investment income (net of investment expense) | 206,550 |
| Interest on capital asset-related debt | - |
| Other nonoperating revenues (expenses) | 1,340,419 |
| Net nonoperating revenues | 28,571,528 |
| Income (loss) before other revenues, expenses, gains or losses | 11,842,064 |
| Capital appropriations | - |
| Endowment Gifts | 102,552 |
| Increase (decrease) in net assets | 11,922,048 |
| Net assets, beginning of year | 115,979,215 |
| Net assets, end of year | 127,901,263 |