KENTUCKY STATE UNIVERSITY
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
YEAR ENDED JUNE 30, 2022
| REVENUES | |
|---|
| Operating revenues | |
|---|
| Student tuition and fees, net | $ 16,738,780 |
|---|
| Federal grants and contracts | 24,969,290 |
|---|
| State, local and other grants and contracts | 1,342,450 |
|---|
| Other operating revenue | 1,028,438 |
|---|
| Auxiliary enterprises: | |
|---|
| Residence halls | 2,877,807 |
|---|
| Dining | 4,067,877 |
|---|
| Bookstore | 27,055 |
|---|
| Other auxiliaries | 125,000 |
|---|
| Total operating revenues | 51,176,697 |
|---|
| EXPENSES |
| Operating expenses |
| Educational and general |
| Instruction | 7,234,972 |
|---|
| Research | 7,730,709 |
|---|
| Public service | 7,236,897 |
|---|
| Academic support | 706,072 |
|---|
| Student services | 6,666,908 |
|---|
| Institutional support | 20,822,287 |
|---|
| Operation and maintenance of plant | 4,079,925 |
|---|
| Student aid | 12,592,843 |
|---|
| Depreciation | 5,439,775 |
|---|
| Right-of-use assets amortization | 209,064 |
|---|
| Auxiliary enterprises: |
| Residence halls | 359,753 |
|---|
| Dining | 2,567,510 |
|---|
| Bookstore | 502 |
|---|
| Other auxiliaries | 2,571,156 |
|---|
| Depreciation | 309,527 |
|---|
| Total operating expenses | 78,527,900 |
|---|
| OPERATING LOSS | (27,351,203) |
|---|
22.