Financial Report 1996
Contents Pg1 Pg2 Pg3 Pg4 Pg5 Pg6 Pg7 Pg8 SPU Home Page

STATEMENT OF ACTIVITIES
For the Year Ended June 30, 1995
(in thousands)

Temporarily Permanently
Unrestricted Restricted Restricted Total
REVENUE AND SUPPORT
Student charges
Regular academic term degree programs:
Undergraduate tuition and fees $ 29,201 $ - $ - $ 29,201
Less: grants and scholarships (8,108) _______ _______ (8,108)
Net undergraduate tuition and fees 21,093 - - 21,093
Graduate tuition and fees 3,951 3,951
Continuing education, summer school and
other special programs 3,465 _______ _______ 3,465
Net tuition and fees $ 28,509 $ - $ - $ 28,509
Room and board fees 6,334 6,334
Public service activities 1,318 1,318
Government grant, primarily for students 1,312 1,312
Private gifts and grants, net 3,120 2,170 286 5,576
Trust and annuity actuarial gain (loss) (34) 145 111
Interest and investment income, including unrealized
gains of $611 1,626 1,185 2,811
Sales and Service of educational activities 548 548
Other revenue and support 1,180 _______ _______ 1,180
Total unrestricted revenue and gains 43,913 3,500 286 47,699
Net assets released from restrictions 1,571 (1,571) _______ _______
Total revenues, gains and other support 45,484 1,929 286 47,699
 
EXPENSES
Instruction
Regular academic term degree programs 14,600 14,600
Continuing education, summer school and
other special programs 2,358 2,358
Public service 777 777
Academic support 2,192 2,192
Student services 6,267 6,267
Institutional support 7,401 7,401
Federal grants to students 801 801
Student housing and dining expenses 6,262 6,262
Provision for bad debts, indirect cost recovery,
federal loan cancellations and trust admin. 291 291
Trust income and remainderman distributions 742 742
Total expenses 41,691 _______ _______ 41,691
Increase (decrease) in net assets 3,793 1,929 286 6,008
Net assets at beginning of year 40,939 4,122 7,816 52,877
Net assets at end of year $ 44,732 $ 6,051 $ 8,102 $ 58,885
======= ======= ======= =======
See notes to combined financial statements

Contents Pg1 Pg2 Pg3 Pg4 Pg5 Pg6 Pg7 Pg8 SPU Home Page


Please read our disclaimer. Send questions or comments to WEBMASTER@spu.edu or call (206) 281-2982.
Copyright (C) 1995 Seattle Pacific University.

Seattle Pacific University
3307 Third Avenue West
Seattle, Washington 98119-1997
United States of America