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WHERE DOES THE MONEY COME FROM? Statement of activities for the year ending June 30, 2013 (with comparative totals for 2012)

REVENUE AND OTHER SUPPORT

TEMPORARILY RESTRICTED

UNRESTRICTED

Tuition and fees

$ 23,504,965

Less: Tuition discounts

(10,660,404)

$ 22,866,727

(10,660,404)

(10,207,571)

12,844,561

12,844,561

12,659,156

46,825

375,834

422,659

462,853

Contributions and bequests

1,937,434

764,640

1,329,916

4,031,990

3,524,309

Endowment income distributed

1,970,846

1,634,655

Auxiliary enterprises

4,421,764

4,421,764

4,438,270

310,271

310,271

398,668

Other income (expense)

1,023,087

(10,380)

1,012,707

938,024

Net assets released from restrictions – satisfaction of program restrictions

4,568,284

(4,568,284)

Merry Lea income

— 3,605,501 3,798,973

13,968,240 (1,482,884) 1,319,536 13,804,892 13,561,097

TOTAL REVENUE AND OTHER SUPPORT $ 26,812,801

4 | GOSHEN COLLEGE ANNUAL REPORT

$

2012 TOTAL

$ 23,504,965

Government grants and contracts

2013 TOTAL

Net tuition and fees

$

PERMANENTLY RESTRICTED

$ (1,482,884)

$ 1,319,536

$ 26,649,453

$ 26,220,253

GC Annual Report 2012-2013  

Goshen College Annual Report 2012-2013

GC Annual Report 2012-2013  

Goshen College Annual Report 2012-2013