Radio Starmaker Fund

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Radio Starmaker Fund Annual Report

2019 / 2020

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.

For new applications and more info, please visit our new website at starmaker.ca.

Radio Starmaker Fund Condensed Statement of Financial Position as at August 31, 2020

2019
Administration Fund
$
Capital Asset Fund
$
Grant Fund
$
Total
$
Assets
Current assets
Cash 213,148 - 934,812 1,147,960
Investments - - 22,904,138 22,904,138
Prepaid expenses 7,682 - - 7,682
220,830 - 23,838,950 24,059,780
Internally restricted investments 1,023,292 - - 1,023,292
Capital assets - 4,461 - 4,461
1,244,122 4,461 23,838,950 25,087,533
Liabilities
Current liabilities
Accounts payable 10,694 - - 10,694
Grant liability - - 1,421,029 1,421,029
10,694 - 1,421,029 1,431,723
Fund Balances
Invested in capital assets - 4,461 - 4,461
Restricted 1,023,292 - 22,417,921 23,441,213
Unrestricted 210,136 - - 210,136
1,233,428 4,461 22,417,921 23,655,810
1,244,122 4,461 23,838,950 25,087,533