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Radio Starmaker Fund Annual Report
2010 / 2011
Radio Starmaker Fund
Condensed Statement of Operations and Changes in Fund Balances for the year ended August 31, 2011
| Restricted Funds 2010 | ||||
|---|---|---|---|---|
| Capital Asset Fund $ |
Grant Fund $ |
Total $ |
||
| Revenues | ||||
| Contributions From CAB | - | 9,315,215 | 9,315,215 | |
| Interest | - | 191,318 | 191,318 | |
| Unrealized Gain On Short-Term Investments | - | 87,192 | 87,192 | |
| - | 9,593,725 | 9,593,725 | ||
| Expenses | ||||
| Grants, Net Of Reallocated Unused Funding | - | 5,959,101 | 5,959,101 | |
| Amortization | 8,533 | - | 8,533 | |
| Bank Service Charges | - | 214 | 214 | |
| 8,533 | 5,959,315 | 5,967,848 | ||
| Excess (Deficiency) Of Revenues Over Expenses | (8,533) | 3,634,410 | 3,625,877 | |
| Fund Balances – Beginning Of Year | 23,558 | 7,306,528 | 7,330,086 | |
| Interfund Transfers – Admin. Cost Allocation | 6,298 | (627,000) | (620,702) | |
| Fund Balances – End Of Year | 21,323 | 10,313,938 | 10,335,261 | |