TABLE 5-4
CONSOLIDATED STATEMENTS OF ACTIVITIES AND RESOURCE UTILIZATION
FISCAL YEARS ENDED JUNE 30, 2001 THROUGH JUNE 30, 1999
| REVENUE AND SUPPORT |
JUNE 30, 2001 |
JUNE 30, 2000 |
JUNE 30, 1999 |
| Contributions |
$ 7,295,560 |
$ 4,013,803 |
$ 4,576,905 |
| Investment Revenue | 2,968,429 | (2,990,970) | 4,163,483 |
| Other Revenue | 93,649 | 64,944 | 37,717 |
| TOTAL REVENUE AND SUPPORT |
10,357,638 |
1,087,777 |
8,778,105 |
| EXPENSES | |||
| Educational and General Programs | $ 3,952,940 | $ 3,019,918 | $ 1,832,251 |
| JMU Support Groups | 10,700 | 28,000 | 83,150 |
| Intercollegiate Athletics | 682,093 | 754,387 | 515,919 |
| Foundation Management | 488,481 | 447,103 | 357,542 |
| Fund Raising | 119,234 | 68,024 | 140,801 |
| TOTAL EXPENSES | 5,253,448 | 4,317,432 | 2,929,663 |
| CHANGE IN NET ASSETS | 5,104,190 | (3,229,655) | 5,848,442 |
| NET ASSETS - BEGINNING | 31,761,498 | 34,991,153 | 29,142,711 |
| NET ASSETS - JUNE 30 | 36,865,688 | 31,761,498 | 34,991,153 |
|
* |
* | * | * |
| RESOURCE UTILIZATION | ||||||
| TOTAL EXPENSES | UNRESTRICTED | RESTRICTED |
INTER- |
TOTAL 2000-01 |
TOTAL 1999-00 |
TOTAL 1998-99 |
| Instruction | $ 42,400 | $ 333,315 | - | $ 375,715 | $ 277,260 | $ 353,076 |
| Research | - | 2,737 | - | 2,737 | 5,193 | 77,644 |
| Public Service | 18,972 | 40,065 | - | 59,037 | 81,413 | 69,967 |
| Academic Support | 29,615 | 1,648,052 | - | 1,677,667 | 185,671 | 264,885 |
| Student Support | 500 | 23,408 | - | 23,908 | 30,655 | 61,007 |
| Institutional Support | 317,390 | 43,629 | - | 361,019 | 562,773 | 202,966 |
| Plant Operation, Maintenance | 323,900 | 126,808 | - | 450,708 | 1,030,668 | 1,225 |
| Scholarships, Fellowships | 173,000 | 642,149 | $ 187,000 | 1,002,149 | 846,285 | 801,481 |
| JMU Support Groups | 3,000 | 7,700 | - | 10,700 | 28,000 | 83,150 |
| Intercollegiate Athletics | - | - | 682,093 | 682,093 | 754,387 | 515,919 |
| Foundation Management | 488,481 | - | - | 488,481 | 447,103 | 357,542 |
| Fund Raising | 87,477 | 27,287 | 4,470 | 119,234 | 68,024 | 140,801 |
| TOTAL EXPENSES | 1,484,735 | 2,895,150 | 873,563 | 5,253,448 | 4,317,432 | 2,929,663 |
| 0 | |
| SOURCE: | James Madison University Foundation, Inc., Annual Report 2000-01. |