Report of the Treasurer to the Council for the Year Ended December 31, 2003 (2004)
Chapter: Statements of Activities
NATIONAL ACADEMY OF SCIENCES
Statements of Activities Years ended December 31, 2003 and 2002 ($ in thousands)
|
|
2003 |
2002 |
||||||
|
|
Unrestricted |
Temporarily Restricted |
Permanently Restricted |
Totals |
Temporarily Unrestricted |
Permanently Restricted |
Restricted |
Totals |
|
Revenues, gains, and other support: |
|
|||||||
|
Government contracts and grants (note 11) |
$184,503 |
— |
— |
184,503 |
$187,315 |
— |
— |
187,315 |
|
Private contracts and grants |
19,959 |
48,140 |
— |
68,099 |
25,677 |
15,059 |
— |
40,736 |
|
Other contributions |
2,951 |
257 |
2,893 |
6,101 |
3,236 |
268 |
10,322 |
13,826 |
|
Fees and publications |
18,192 |
— |
— |
18,192 |
16,384 |
— |
— |
16,384 |
|
Investment income (loss) (note 3) |
30,833 |
25,287 |
— |
56,120 |
(11,405) |
(10,045) |
— |
(21,450) |
|
Other income (note 12) |
5,996 |
— |
— |
5,996 |
9,355 |
— |
— |
9,355 |
|
Net assets released from restriction (note 8) |
26,351 |
(26,351) |
— |
— |
19,380 |
(19,380) |
— |
— |
|
Total revenues, gains, and other support |
288,785 |
47,333 |
2,893 |
339,011 |
249,942 |
(14,098) |
10,322 |
246,166 |
|
Expenses: |
|
|||||||
|
Programs (note 10) |
216,094 |
— |
— |
216,094 |
232,071 |
— |
— |
232,071 |
|
Management and general |
43,023 |
— |
— |
43,023 |
39,703 |
— |
— |
39,703 |
|
Fundraising |
3,074 |
— |
— |
3,074 |
3,138 |
— |
— |
3,138 |
|
Total expenses |
262,191 |
— |
— |
262,191 |
274,912 |
— |
— |
274,912 |
|
Change in net assets |
26,594 |
47,333 |
2,893 |
76,820 |
(24,970) |
(14,098) |
10,322 |
(28,746) |
|
Net assets at beginning of the year |
74,536 |
113,420 |
93,200 |
281,156 |
99,506 |
127,518 |
82,878 |
309,902 |
|
Net assets at end of the year |
$101,130 |
160,753 |
96,093 |
357,976 |
$74,536 |
113,420 |
93,200 |
281,156 |
See accompanying notes to the financial statements.
