Radio Starmaker Fund

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Radio Starmaker Fund Annual Report

2012 / 2013

This is our legacy site dedicated to managing claims from pre-April 2024 rounds.

Use this site only for claims on applications from Rounds 87, 88, 89, and 90.

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Radio Starmaker Fund Condensed Statements of Operations and Changes in Fund Balances
For the years ended August 31, 2013 and August 31, 2012

Restricted Funds
2013
Capital Asset Fund
$
Grant Fund
$
Total
$
Revenue
Contributions from CAB - 9,236,869 9,236,869
Interest - 293,147 293,147
Gain on sale of investments - 156,295 156,295
Unrealized gain on investments - 140,275 140,275
- 9,826,586 9,826,586
Expenses
Grants – net of unused and returned funding - 6,830,407 6,830,407
Amortization 7,388 - 7,388
Bank service charges - 361 361
7,388 6,830,768 6,838,156
Excess (deficiency) of revenue over expenses (7,388) 2,995,818 2,988,430
Fund balances – Beginning of year 13,107 11,285,111 11,298,218
Interfund transfers – Admin. Cost Allocation 8,637 (665,329) (656,692)
Fund balances – end of year 14,356 13,615,600 13,629,956