KENTUCKY STATE UNIVERSITY
Statements of Revenues, Expenses and Changes in Net Assets
Years ended June 30, 2012 and 2011
| 2012 | 2011 |
|---|
| REVENUES | | |
|---|
| Operating revenues | | |
|---|
| Student tuition and fees (net of scholarship allowances of $4,533,476 and $4,902,590) | $ 18,943,062 | $ 18,200,942 |
|---|
| Federal grants and contracts | 10,720,989 | 11,755,168 |
|---|
| Federal appropriations | 3,796,394 | 5,042,652 |
|---|
| State and local grants and contracts | 1,547,004 | 2,311,744 |
|---|
| Auxiliary enterprises | | |
|---|
| Residence halls | 3,278,362 | 3,327,151 |
|---|
| Dining | 3,261,069 | 3,016,738 |
|---|
| Bookstore | 152,500 | 164,725 |
|---|
| Other auxiliaries | 146,898 | 110,090 |
|---|
| Other operating revenues | 1,653,909 | 1,103,669 |
|---|
| Total operating revenues | 43,500,187 | 45,032,879 |
|---|
| EXPENSES | | |
|---|
| Operating expenses | | |
|---|
| Educational and general | | |
|---|
| Instruction | 14,381,597 | 14,090,472 |
|---|
| Research | 7,668,990 | 4,819,546 |
|---|
| Public service | 6,113,245 | 5,456,045 |
|---|
| Academic support | 4,286,089 | 4,031,587 |
|---|
| Student services | 7,464,907 | 6,517,442 |
|---|
| Institutional support | 12,059,904 | 10,764,712 |
|---|
| Operation and maintenance of plant | 3,297,562 | 3,428,856 |
|---|
| Student aid | 10,098,858 | 10,302,761 |
|---|
| Depreciation | 4,122,855 | 4,235,658 |
|---|
| Auxiliary enterprises | | |
|---|
| Residence halls | 2,426,878 | 1,668,880 |
|---|
| Dining | 2,896,641 | 2,809,722 |
|---|
| Other auxiliaries | 541,047 | 427,119 |
|---|
| Depreciation | 343,800 | 606,263 |
|---|
| Total operating expenses | 75,702,373 | 69,159,063 |
|---|
| Operating loss | (32,202,186) | (24,126,184) |
|---|