 |
Copyright © 1999 Seattle Pacific University. General Information: (206) 281-2000
Seattle Pacific University |
| Financial Report 1997 |
|
CONSOLIDATED STATEMENT OF ACTIVITIES
For the Year Ended June 30, 1996
(in thousands)
| Temporarily | Permanently | |||||||||||||
| Unrestricted | Restricted | Restricted | Total | |||||||||||
| REVENUE AND SUPPORT | ||||||||||||||
| Student charges | ||||||||||||||
| Regular academic term degree programs: | ||||||||||||||
| Undergraduate tuition and fees | $ 30,620 | $ - | $ - | $ 30,620 | ||||||||||
| Less: grants and scholarships | (9,193) | _______ | _______ | (9,193) | ||||||||||
| Net undergraduate tuition and fees | 21,427 | - | - | 21,427 | ||||||||||
| Graduate tuition and fees | 3,974 | 3,974 | ||||||||||||
| Continuing education, summer school and | ||||||||||||||
| other special programs | 4,168 | _______ | _______ | 4,168 | ||||||||||
| Net tuition and fees | 29,569 | - | - | 29,569 | ||||||||||
| Student housing and dining fees | 6,699 | 6,699 | ||||||||||||
| Governmental grants, primarily for students | 1,269 | 1,269 | ||||||||||||
| Private gifts and grants | 2,718 | 961 | 640 | 4,319 | ||||||||||
| Interest and investment income, including unrealized | ||||||||||||||
| gains of $996, net of investment expenses of $108 | 1,826 | 160 | 1,986 | |||||||||||
| Net realized gains on investments | 277 | 277 | ||||||||||||
| Public service activities | 1,249 | 1,249 | ||||||||||||
| Sales and service of educational activities | 595 | 595 | ||||||||||||
| Change in value of split interest agreements | (50) | 633 | 583 | |||||||||||
| Other revenue and support | 1,261 | 3 | _______ | 1,264 | ||||||||||
| 45,413 | 1,757 | 640 | 47,810 | |||||||||||
| Net assets released from restrictions | 961 | ( 961) | _______ | _______ | ||||||||||
| Total revenues, gains and other support | 46,374 | 796 | 640 | 47,810 | ||||||||||
| EXPENSES | ||||||||||||||
| Instruction | ||||||||||||||
| Regular academic term degree programs | 15,767 | 15,767 | ||||||||||||
| Continuing education, summer school and | ||||||||||||||
| other special programs | 3,066 | _______ | _______ | 3,066 | ||||||||||
| Total instruction | 18,833 | - | - | 18,833 | ||||||||||
| Public service | 753 | 753 | ||||||||||||
| Academic support | 2,278 | 2,278 | ||||||||||||
| Student services | 6,562 | 6,562 | ||||||||||||
| Institutional support | 7,196 | 7,196 | Student housing and dining expenses | 6,959 | _______ | _______ | 6,959 | |||||||
| Total expenses | 42,581 | _______ | _______ | 42,581 | ||||||||||
| Increase in net assets | 3,793 | 796 | 640 | 5,229 | ||||||||||
| Net assets at beginning of year | 44,732 | 6,051 | 8,102 | 58,885 | ||||||||||
| Net assets at end of year | $ 48,525 | $ 6,847 | $ 8,742 | $ 64,114 | ||||||||||
| ======= | ======= | ======= | ======= | |||||||||||
| See notes to consolidated financial statements | ||||||||||||||
| Contents | Pg1 | Pg2 | Pg3 | Pg4 | Pg5 | Pg6 | Pg7 | Pg8 | SPU Home Page |
|
Copyright © 1999 Seattle Pacific University. General Information: (206) 281-2000
Seattle Pacific University |