2012
Annual Report to the community
a
2012 ANNUAL REPORT |
Our Vision To inspire voyages of life-long discovery.
Our Mission To create a positive science and technology culture in our region that inspires and motivates people to learn about, and contribute to, science and technology advances that strengthen themselves, their families, and their community.
In delivery of this mission, our priorities are:
To inspire people to embrace science and technology as a vital component of their education and personal development. To be a catalyst for partnerships and alliances that promote science and technology in our community. To position the Edmonton Space & Science Foundation and TELUS World of Science - Edmonton as the primary external science and technology resource to the formal education systems.
b
| TELUS WORLD OF SCIENCE – EDMONTON
Cover photos: Polar Bear image from the IMAX film To The Arctic by MacGillivray Freeman Films. Butterfly image from the IMAX film Flight of the Butterflies by SK Films.
To make opportunities to learn about science and technology accessible to everyone.
538,915 Annual Attendance
184,732 Students Participating in School Programs
20,276 Annual Members
18,469 Volunteer Hours contributed
271 Communities Served in Alberta through Outreach programs
2 Permanent Exhibit Galleries Renewed
1 Feature Exhibition Gallery Built
2012 ANNUAL REPORT | 01
EXECUTIVE SUMMARY
As we reflect on the success and accomplishments of 2012, we are overcome with excitement as the organization continues to develop and exemplify our vision of inspiring voyages of life-long discovery. For more than a decade we have been actively growing and building toward the goals set forth in our Vision 20/20 Master Plan. This past year we saw significant strides in our growth in many areas within the organization as we continue to provide leadership in the province when it comes to preparing future generations for the complexities ahead.
George Smith
We understand that a strong commitment to education in the science, technology, engineering and mathematics disciplines is needed as our community prepares to take on increasingly complex issues. We know society’s success depends on a continued pipeline of new, more intelligent and more inspired scientists and engineers, and reinforcing fundamental concepts such as the scientific process and continued discovery will have a positive impact on the future. In 2012, our organization connected with 538,915 individuals. Whether it was through our school programs and outreach, our on-site exhibitions or the variety of programming we offered throughout the year; each element worked to enhance and inspire understanding of our world and ourselves. Our new Environment Gallery opened to provide a better understanding of the scientific process as a critical step in making informed decisions and advancing knowledge. Our investment of nearly $2 million utilized the many issues surrounding our environment as as a tool for asking the questions related to how scientists know what they know. The combination of interactive elements unique to our facility, along with a strong presentation built around our Science on a Sphere has enabled all ages of visitors to engage with and discuss critical environmental issues.
Kerry Day The Discoveryland Gallery continued to grow in popularity throughout the year as parents found tremendous value in immersing their children in an environment built specifically for early childhood development. The gallery has received an overwhelming amount of support and is a popular destination for many youngsters. The interactive and stimulating space helps foster creative thinking and growth, and was one of the contributing factors to our increased membership growth throughout the year. A major accomplishment in 2012 also helped begin our next phase as we advance toward the objectives in our Master Plan, and that accomplishment was the opening of our new Feature Exhibition Gallery. Construction of the gallery began in the spring following funding commitments from the City of Edmonton, Province of Alberta and Government of Canada. The gallery provides 15,000 square feet of space where we are now able to host major international exhibitions. These major exhibitions are typically reserved for the largest cities around the world, and having the facility to host these exhibitions allows us to bring inspiring programs to our community. Providing our community access to world-class exhibitions is a powerful tool when it comes to inspiring lifelong discovery. Our first exhibition in the new gallery opened on October 27, 2012: STAR WARS™ Identities. The exhibition provided much excitement around Western Canada and was instrumental in
0 2 | TELUS WORLD OF SCIENCE – EDMONTON
bringing many new people to our facility. The exhibition helped showcase how learning and entertainment can work together, and with this exhibition it provided ways for our guests to learn about themselves and the factors influencing their personality. It was exciting to watch different generations of family members share their experiences as Star Wars™ engaged all ages. Throughout the year we had three distinctly different feature exhibitions – STAR WARS Identities, Robots and Titanic – and each of these provided a different educational experience. The value our organization brings to the community was reflected in our membership. We had our strongest year ever with a record number of annual memberships in our organization. This speaks volumes to the value and importance of our mission. Our programming and exhibitions are a wonderful resource to our community, and to have our membership reflect this shows we are indeed on a strong trajectory as we move ahead on the Master Plan. Our continued growth is a necessity as we look at the demand in the community for our programs and services. Our school programs and outreach programs continue to be successful and in high demand. Our public programming and exhibitions are also keeping pace, and in the near future we will be reinvesting in making our IMAX Theatre a stronger tool in bringing the world to our community. We are committed to inspiring discovery and shaping future generations so they are prepared for even the most complex challenges. We are continuing on with our objectives set forth in the Master Plan, and look forward to your involvement and support as we continue our journey. It is vitally important to recognize that nothing of which we achieved in 2012 would have been possible without the hard work of our entire talented staff team and the commitment and dedication of our incredible volunteers who work so tirelessly at the Board and Foundation member levels, and on the frontlines welcoming visitors and ensuring a terrific experience for every visitor to our centre. We recognize and acknowledge the tremendous support of our many partners: individuals, corporations, the Province of Alberta and the Government of Canada who provide financial sponsorship and expertise. And, we salute our very special partnership with the City of Edmonton for the continued support of our annual operation of TELUS World of Science, and for its leadership and commitment to working with us to ensure the very best science centre possible for all Edmontonians and northern Albertans, and helping to propel our science centre onto the world stage!
“We had another unprecedented year in 2012 as we challenged ourselves with major initiatives; expanding our facility, renewing two galleries and hosting two worldclass exhibitions. The experience and confidence in our staff, volunteers and partners enabled our success.” George Smith
Sincerely,
George Smith President & Chief Executive Officer Edmonton Space & Science Foundation/ TELUS World of Science – Edmonton
Kerry Day Chair Edmonton Space & Science Foundation
2012 ANNUAL REPORT | 03
FE ATU R E EXHI BITION G ALLERY
Support for our new Feature Exhibition Gallery was strong as the City of Edmonton, Province of Alberta and Government of Canada all joined us in building a stage for hosting the world’s finest exhibitions. Our architects and engineers at Dialog and the builders at Chandos Construction put in the extra effort to complete the construction project in a record-breaking seven months – from ground breaking to the arrival of our first exhibition.
Construction photos by Mel Jackson
15,000 sq.ft. expansion completed in 2012!
0 4 | TELUS WORLD OF SCIENCE – EDMONTON
FEATUR E EXHI BITIONS
The new Feature Exhibition Gallery provides more than 10,000 square feet of exhibition space and allows us to attract iconic, world-class exhibitions. STAR WARS Identities: The Exhibition opened on October 27, 2012, and was the first of many blockbuster exhibitions to be hosted in our new Feature Exhibition Gallery. We received world-wide exposure and welcomed visitors from around the world who traveled to Edmonton to immerse themselves in the Star Wars universe as they built their own hero and learned how identity is formed based on origins, influences and choices.
Two rl o W d-Class Feature x E hibitions
Earlier in the year we hosted a successful showing of Titanic: The Artifact Exhibition and recorded our second largest Family Day attendance. We also recorded our second largest General Admission attendance during an exhibition with 94,405 visitors during Titanic. 2012 ANNUAL REPORT | 05
DISCOV ERYLAND
Discoveryland Continues its Popularity Discoveryland which opened Boxing Day 2011 continues to attract young visitors under 8 to the wonders of science. We have seen thousands of young visitors engage their hands, minds and imaginations through play. The gallery’s focus is on bringing the arts, science and humanities together to stimulate creativity and explore how children learn and interact with the world around them.
0 6 | TELUS WORLD OF SCIENCE – EDMONTON
G R AND OPENIN G OF THE ENV IR ONMENT G ALLERY
On October 16 we opened the new Environment Gallery featuring interactive technology in a variety of exhibits as part of a $2 million investment focusing on Alberta connections and understanding the complexity of environmental science. “Our new Environment Gallery combines the latest technology with interactive experiences so our visitors are immersed in the scientific process and can develop their own understanding of how we know what we know about the environment,” says George Smith, President and Chief Executive Officer. “To inspire life-long learning, we have developed an experience that builds critical thinking skills and embraces the thrill of scientific discovery. The new gallery helps to build the skills and knowledge needed for understanding the complex system of environmental science.” The centerpiece of the new gallery is Science on a Sphere, an iconic 6-foot diameter projection system used by staff scientists to visually enhance presentations on environmental science. Other areas of the new gallery present interactive exhibits among four themes: Ice Detectives, Rock Hounds, Eco Explorers, and Storm Trackers. 2012 ANNUAL REPORT | 07
IM AX ® THEATR E UP G R ADE AND RENOVATION Concept Design by DIALOG
As we continue forward with our Vision 20/20 Master Plan, we see many of the components coming together. Following our expansion with the new Feature Exhibition Gallery, our team quickly started working on the next important step involving the IMAX Theatre. For nearly 30 years, IMAX® technology has enabled our organization to inspire learning and discovery in our community. The IMAX Experience® immerses and engages audiences unlike any other tool or technology, and connects with audiences in a special way. The design and planning of upgrades to the IMAX Theatre began in 2012. With a strong commitment and support from the City of Edmonton, our $3.8 million renewal of the theatre will occur in Fall 2013. When it re-opens on Boxing Day 2013, the IMAX Theatre will feature new premium seating, a new and larger IMAX screen and a 10-channel digital audio system. An IMAX xenon-based digital projection system will serve as an interim projector until the IMAX dual 4K laser system arrives in 2014. IMAX’s next-generation projection system is expected to set a new benchmark as the industry’s premium entertainment experience. Our IMAX Theatre will be among the first in the world to showcase this new technology. The laser projection system will enable the theatre to deliver a wider array of the highest-quality digital content available – including documentaries, blockbuster films and special programming – and further enhance The IMAX Experience for our guests.
0 8 | TELUS WORLD OF SCIENCE – EDMONTON
The educational programs, full-dome shows, and IMAX films offered at TELUS World of Science – Edmonton are linked to the Alberta curriculum and delivered by trained educators and scientists. In 2012, 184,700 students participated in our unique, educational programs and we are proud to be preparing the next generation of scientists, teachers, engineers and community leaders. Our Real People, Real Science program delivered learning opportunities for students in conjunction with other programs and community partners. Programs in 2012 included Titanic Day, World of Water Day, Showcasing Science: University of Alberta Day, Pi Day, Transit of Venus, Genetic Forces, To the Arctic & Back, and Space Days. Canadian Space Agency Astronaut Jeremy Hansen, one of Canada’s newest astronauts, was here for Space Days and spoke with students about his training and answered students’ questions. We introduced two new programs for our younger students this year: Seasonal Trek and Tracks & Roots for the grade 1 curriculum. TELUS World of Science educational team created a two comprehensive resource guides in partnership with X3 Production and Lucasfilms for STAR WARS Identities: The Exhibition. Science in Motion, our popular outreach program, traveled to schools throughout Alberta and reached more than 30,000 students in 68 communities.
PUBLIC AND SCHOOL PR OG R AMMING HI G HLI G HTS
STUDENT PROGRAMS
Our science and computer camps were at capacity during spring break and all summer, and we were once again able to provide 14 young campers with a sponsored camp through our VEGA Scholarship.
PUBLIC PROGRAMS Our public programs deliver engaging experiences for our visitors and work to complement our exhibits and programming. In 2012, we introduced two new full-dome shows in the Margaret Zeidler Star Theatre: When Venus Transits the Sun and Experience the Aurora. We also installed a new telescope in our outdoor Observatory. The Planewave Telescope is our second computerized telescope allowing for easier and faster tracking of deep sky objects. This past year we had several natural night sky events. On June 5, the Transit of Venus drew crowds even though the weather wasn’t fully cooperating. On May 20, a partial solar eclipse also led to much activity with our visitors. We hosted a variety of events and speakers, including Astronomy Day, our Annual Easter Egg Hunt, and weekend themed events. We hosted two guest speakers for public programs: Dr. David Southwood with his presentation on “To Mars, Titan and the Universe Beyond” and Chris Lewick, with his talk on Space Rocks, Asteroid Mines, and Planetarium Resources. Our staff scientists also ventured out in to the community to participate in events ranging from live science demonstrations to lectures, as well as the Jingle On Santa Claus parade. Frank Florian, Vice President of Programs was one of the presenters at the Jasper Dark Sky Events.
2012 ANNUAL REPORT | 09
DONOR SPOTLIG HT
The Association of Professional Engineers and Geoscientists of Alberta (APEGA), the organization which regulates the practices of engineering and geoscience in Alberta, is a leader in providing support to initiatives that encourage today’s youth to pursue their interest in science, technology, engineering, and math. Edmonton Space & Science Foundation is extremely proud to have received said support for a variety of initatives over the past two decades. When we undertook the ambitious redevelopment of our Environment Gallery in 2012, APEGA stepped up to the plate once again to provide the necessary funds to offer our visitors another engaging learning opportunity. The APEGA Theatre, which houses the impressive Science on a Sphere funded in-part by the Board of Directors of Edmonton Space & Science Foundation, represents the latest impactful investment made by one of Alberta’s most forward-thinking professional organizations. On behalf of our visitors, volunteers, and staff, we thank APEGA for recognizing the value in providing such a unique tool to better communicate science. APEGA CEO, Mark Flint, P. Eng, while speaking at the VIP Opening Reception of our latest IMAX offering Rocky Mountain Express, presented by APEGA, reinforced that investments they have made ensure a “rich quality of life, robust economy and sustainable future”. Such comments are indicative of the value APEGA places in learning opportunties like those provided in our redeveloped Environment Gallery. Our most sincere thanks go out to Mr. Flint, APEGA staff, and the over 68,000 APEGA members across Alberta.
1 0 | TELUS WORLD OF SCIENCE – EDMONTON
$100,000+
Alberta Beverage Container Recycling Corporation Canadian Heritage / Patrimoine canadien Cenovus Energy City of Edmonton Edmonton Journal Finning (Canada) Government of Alberta - Alberta Lottery Fund - Other Initiatives Program TELUS
$50,000-$99,999
The Association of Professional Engineers and Geoscientists of Alberta Dow Chemical Canada ULC
$25,000-$49,999
Anonymous Government of Alberta – Alberta Sustainable Resource Development Insight Medical Imaging The Valley Zoo Development Society
$10,000-$24,999
AECOM Coca-Cola Refreshments Canada ENMAX Corporation Government of Alberta - Community Spirit Program Horse Racing Alberta Natural Sciences and Engineering Research Council (NSERC) Eric & Kathy Newell RBC Foundation - Blue Water Project The Robert Tegler Trust Service Canada - New Horizons for Seniors Program Servus Credit Union Union 52 Benevolent Society Pat Whittaker
$5,000-$9,999
Arctic Chiller Butler Family Foundation The GlaxoSmithKline Foundation Merck Canada Inc. Success by 6® Synergy Projects Ltd.
$1,000-$4,999
BE a STAR PROGRAM DONORS
Anonymous Steve & Tina Baker and Family Bayer Inc. Jameson & Kellan Boston Lorna & Don Kramer Panago Pizza Store 180 George & Anne Smith and Family Rocky & Kathy Springer and Family The Syme Family Tracy & Jackson von der Ohe
$56,165 Total Donations 500 Stars Designated. A unique fund-raising program where the public is invited to designate stars valued from $50 to $15,000 to support the programs and operations of TELUS World of Science.
$500-$999
$78,721 Fund Value The VEGA Scholarship Program was established in 1987 through the generous support of Helen Tkachenko. This fund sponsors elementary schoolaged children to attend a summer science camp or computer camp. In 2012, 14 children received VEGA Scholarships to attend camps at TELUS World of Science.
Anonymous Cathy Barton and Family Doug & Wendy Elkow Milan Krepelka Goran Lazarevic Stephen Mihli Myka Osinchuk Adesh Soogrim John & Avery Stobbe
$50-$499
Barbara Abday Erine Baptist Marta Collier Cathy Cross Karin & Ron Dowling Robert & Debbie Elliott Frank Florian Tracy Green Sam Guca Aaron Hankewich In Memory of Pat Macdonald John Iwanyshyn Steven Jim James & Carol-Ann Lewis Toni McHale Ian McLennan Dan & Donalda Pelton Austin Ritchie James Scott Kyle Taschuk Gregory & Jane Taylor David Thomas Jim Toma Two Hills Health Centre Paul Voyer Michelle Weinhandl Dr. Lorraine Wilgosh Bradley Woronuk Jeanette Wozny
VEGA SCHOLARSHIP
ANNUAL DONOR S, SPONSO R S AND SUPPOR TE R S
The Edmonton Space & Science Foundation gratefully acknowledges the support of the following individuals, foundations, corporations and public and private agencies that share our vision by supporting the Foundation and its programs.
LES YOUNG FUND FOR SCIENCE EDUCATION $25,490 Fund Value In honour of Les Young’s dedication and leadership of Edmonton’s space and science centre, in 1999 the Edmonton Space & Science Foundation Board established the Les Young Fund for Science Education as a permanent legacy in his name. Interest earned on this Fund will provide for the development and presentation of unique and innovative programs to inspire, motivate and challenge students to advance their knowledge and understanding of science and technology.
Every effort has been made to ensure this listing of donors is accurate. Please accept our apologies if your name has been inadvertently omitted or listed incorrectly. Please notify the Edmonton Space & Science Foundation so that we may correct our records. 2012 ANNUAL REPORT | 11
Co r p o rate & Communit y Sup p ort e rs
Capital/Redevelopment Projects
Exhibit Sponsors
Environment Gallery The redevelopment of our Environment Gallery was funded in part by Alberta Lottery Fund, Major Facility Enchantment Program, Government of Canada through the Department of Canadian Heritage/government du Canada par l’entremise du ministère du Patrimoine canadien, Alberta Beverage Container Recycling Corporation, The Association of Professional Engineers and Geoscientists of Alberta, Edmonton Space & Science Foundation, Government of Alberta Department of Environment and Sustainable Resource Development, RBC Foundation, and TD Bank Financial Group.
Titanic: The Artifact Exhibition Sponsored by APEGA
The Environment Gallery includes the APEGA Theatre which contains Science on a Sphere, an initiative funded in part by members of the Board of Directors and Foundation members of Edmonton Space & Science Foundation. Feature Exhibition Gallery The new Feature Exhibition Gallery was funded in part by the Government of Canada through the Department of Canadian Heritage / government du Canada par l’entremise du ministère du Patrimoine canadien, the Government of Alberta, and the City of Edmonton.
Robots: The Interactive Exhibit Sponsored by Horse Racing Alberta STAR WARS Identities: The Exhibition Presented by Finning (Canada)
IMAX Sponsors To the Arctic Presented by Valley Zoo Development Society and Edmonton Valley Zoo Supported by RBC Blue Water Project VIP Screening sponsored by Arctic Chiller Flight of the Butterflies Presented by Insight Medical Imaging
Other Sponsors Full-Dome Shows in the Margaret Zeidler Star Theatre Presented by Servus Credit Union School Programs Supported by Bayer Inc., Merck Canada Inc., and The GlaxoSmithKline Foundation Discoveryland Subsidy Support Program Supported by The Robert Tegler Trust and Success By 6/United Way of the Alberta Capital Region High Needs School Program Funding provided by Edmonton (Host) Lions Club
Science in Motion Presented by Cenovus Energy Supported by Dow Chemical Canada Contributing Sponsors: AECOM and Natural Sciences and Engineering Research Council (NSERC)
1 2 | TELUS WORLD OF SCIENCE – EDMONTON
Our camp programs continue to be a popular choice for parents and children. In 2012, our camps were over-subscribed during spring break, summer and winter break.
2012 ANNUAL REPORT | 13
BOAR D OF DI R ECTO R S
Chair Kerry Day Counsel, Parlee McLaws LLP
J.D. Hole Corporate Director AEON Group Inc.
Vice Chair Jackson von der Ohe Chief Executive Officer Gateway Mechanical
Aneela Hussainaly* Managing Consultant Global Business Services IBM Canada
Past Chair Gord Syme Principal, Conroy Ross Partners
Reg Milley President & CEO Edmonton Airports
Treasurer Richard Huges Chief Financial Officer and Chief Administration Office Exciton Technologies Inc.
Dennis Mozak President & CEO Synergy Projects Ltd.
Board Secretary Deb Manz Chief Executive Officer Alberta College and Association of Chiropractors Directors Sue Bohaichuk* Executive Officer, Advocacy Alberta Urban Municipalities Association Joan Carr Superintendent Edmonton Catholic Schools Jordan Hokanson President Hokanson Capital Inc.
Ron New VP Finance Operations TELUS Eric Newell Chancellor, Emeritus University of Alberta Myka Osinchuk Chief Executive Officer Alberta Cancer Foundation Bill Stephens Senior V.P. and General Manager ATCO Gas Dr. Gregory Taylor* Professor of Biological Sciences University of Alberta *Denotes City Appointee
2012 Executive Team Geroge Smith, President & CEO Steve Baker, Chief Operating Officer Karin Dowling, Vice President, Business Services Frank Florian, Vice President, Programs Kathy Springer, Vice President, Finance Mitzi Staines, Financial Controller Mike Steger, Vice President, Marketing & Communications Cathy Barton, Executive Assistant to the President & CEO
1 4 | TELUS WORLD OF SCIENCE – EDMONTON
Bruce McCurdy John McDougall Lisa Miller Dr. Stephanie Minnema Ken Nichols Dr. Nils Petersen Ken Pilip, P. Eng. Rick Prentice, P. Eng. Dr. Bill Preshing John Radostits Stephen Rawlinson Braidon Reid Dr. Dale Ripley Sol Rolingher, Q.C. Rose Rosenberger David Salloum Bruce Saville Larry Schindel Edgar Schmidt Tim Schultz Michael Sharp Gisele Simard Lily Simpson Sandy Slator John Stobbe Merle Taylor Robert J. Turner, Q.C. Dr. Larry Wang FRSC Bart West, P. Eng. Dr. Robert Westbury Pat Whittaker
201 2 FOUNDATION MEM BE R S
Dr. Gary Albach Dr. Mohamed Ally Jane Batty Dr. Owen B. Beattie Vi Becker Tim Boston Jerry Bouma Rick Brommeland Dr. William (Bill) Byrne Joan Cowling Anne Marie Decore Karyn Decore Jason Ding Brad Ferguson Frank Gibson Luther Haave Greg Hadubiak Ron Hayter Ben Hochhausen Dr. Douglas Hube Barry James Donald Kramer, Q.C. Jennifer Kwan Anna LaBrie Oryssia Lennie Dr. Michael Leung Dr. David Lewin Franklin Loehde Dr. David Lynch Rod McConnell Jack McBain
The Edmonton Space & Science Foundation deeply mourns the loss of long-time Foundation Members:
Hugh (Pat) Macdonald, February 22, 2012 Allan Otterdahl, May 9, 2012 Will Reese, November 27, 2012 Bryan Monaghan, Executive Director of the Edmonton Space Sciences Centre from 1989 to 1991, passed away on March 3, 2012.
2012 ANNUAL REPORT | 15
AUDITO R ’S R EPO R T
April 18, 2013
Independent Auditor’s Report on Summarized Financial Statements To the Board of Directors of Edmonton Space & Science Foundation: The accompanying summary financial statements, which comprise the summary statement of financial position as at December 31, 2012, and the summary results from operations for the year then ended, are derived from the audited financial statements of the Edmonton Space & Science Foundation for the year ended December 31, 2012. We expressed an unmodified audit opinion on those financial statements in our report dated April 18, 2013. The summary financial statements do not contain all the disclosures required by Canadian generally accepted accounting principles. Reading the summary financial statements, therefore, is not a substitute for reading the audited financial statement of Edmonton Space & Science Foundation. Management’s Responsibility for the Summary Financial Statements Management is responsible for the preparation of a summary of the audited financial statements on the basis described in Note 1. Auditor’s Responsibility Our responsibility is to express an opinion on the summary financial statements based on our procedures, which were conducted in accordance with Canadian Auditing Standard (CAS) 810, “Engagements to Report on Summary Financial Statements.” Opinion In our opinion, the summary financial statements derived from the audited financial statements of Edmonton Space & Science Foundation for the year ended December 31, 2012 are a fair summary of those financial statements, on the basis described in Note 1.
Kingston Ross Pasnak LLP CHARTERED ACCOUNTANTS 2900 Bell Tower, 10104 - 103 Avenue, Edmonton, Alberta
1 6 | TELUS WORLD OF SCIENCE – EDMONTON
Liabilities: Accounts payable accrued liabilities Deferred admissions, contributions Current portion of long-term debt
Long-term debt Deferred capital contributions
Net Assets: Investment in property and equipment Internally restricted Unrestricted Approved by the Board
DIRECTOR
5,409 $ 3,985 1,934 1,965 2,024 1,280 1,128 1,060 1,059 525 205 142 11,759 8,957
4,517 4,169 1,599 1,737 1,319 895 1,279 720 1,241 394 920 635 350 344 29 41 11,254 8,935 $ 505 $ 22
$
3,588 $ 3,491 14,383 6,178 104 103
$ 18,075 $
Edmonton Space & Science Foundation Summarized
FINANCIAL POSITION Assets: Current assets Capital assets Investments
$
FIN ANCIAL STATEMENTS
Expenditures: Salaries and benefits Operations Retail operations Amortization Royalties and film leases Advertising and promotion Utilities Interest on long-term debt Total Expenditures Excess of revenues over expenditures
2012 2011
for the Year Ended December 31, 2012 ($000’s)
RESULTS FROM OPERATIONS Revenues: Admissions Operating grants Retail operations Sponsorships and donations Amortization of deferred capital contributions Rentals, lease and other Total Revenues
$
9,772
1,714 $ 1,155 901 1,395 326 313 2,941 2,863 168 493 9,766 1,721 12,875 5,077 4,123 3,651 1,077 1,044 – – 5,200 4,695
$ 18,075
$
9,772
DIRECTOR
Basis of Presentation (Note 1) Management is responsible for the preparation of the summary financial statements. The summary financial statements are comprised of the summary statement of financial position and the summary results of operations, and do not include any other schedules, a summary of significant accounting policies or the notes to the financial statements. The summary statement of financial position and the summary results of operations are presented with the same amounts as the audited financial statements, but certain balances have been combined and all the note referencing has been removed.
2012 ANNUAL REPORT | 17
11211 - 142 Street NW Edmonton, AB T5M 4A1 780.452.9100 info@telusworldofscienceedmonton.com www.telusworldofscienceedmonton.com