Radio Starmaker Fund

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Radio Starmaker Fund Annual Report

2013 / 2014

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 Statement of Operations and Changes in Fund Balances
For the year ended August 31, 2014

Restricted Funds 2014
Capital Asset Fund
$
Grant Fund
$
Total
$
Revenue
Contributions from CAB - 8,527,371 8,527,371
Interest - 140,620 140,620
Gain on sale of investments - 452,963 452,963
Unrealized gain on investments - 1,794,625 1,794,625
- 10,915,579 10,915,579
Expenses
Grants – net of unused and returned funding - 6,715,657 6,715,657
Amortization 8,326 - 8,326
8,326 6,715,657 6,723,983
Excess (deficiency) of revenue over expenses (8,326) 4,199,922 4,191,596
Fund balances – Beginning of year 14,356 13,615,600 13,629,956
Interfund transfers – Admin. Cost Allocation 1,354 (675,309) (673,955)
Fund balances – end of year 7,384 17,140,213 17,147,597