FINANCIAL PERFORMANCE SUMMARY 2016 – 2017 Incoming Resources Box office and artistic programme income Commercial activities (external) Sponsorship
2016 - 17
2015 - 16
2,051,362 1,372,464 4,500
2,257,069 1,142,115 4,500
254,000
254,000
13,199 6,600 -
2,500 79,914 194,895
492,118 8,522 2,500 20,000
492,114 35,153 9,116 40,855 16,000 25,000 4,450 4,655 2,250
Donation income 29th May 1961 Charitable Trust University of Warwick alumni, Friends and supporters Donations - individuals Various Trusts & Companies Note1 Grants ACE - NPO ACE - Transform ACE - Tipping Point ACE - Deferred Capital Grant ACE - Catalyst ACE - Capital Investment Development Coventry City Council Coventry City Council Journey with the Waste Land Warwick District Council - Arts Active Network University of Wolverhampton - Arts Connect Royal National Theatre - Connections Festival Film Hub South West and West Midlands Culture Ireland Jonathan Ruffer Curatorial Grant Australia Council Irish Theatre Institute Dance Touring Partnership University of Warwick support
1,000 20,000 40,000 6,400 4,020 3,812 1,450 320 217 1,287,571
1,109,846 5,590,055
Total Incoming Resources
5,674,432
Expenditure Programme and creative learning Commercial activities Customer services Marketing ACE - Transform project costs Salaries and staff costs University centrally incurred costs Equipment, premises and depreciation Other costs Total Expenditure
1,771,880 317,565 64,189 290,772 45,420 2,054,946 679,682 300,602 64,999
1,740,062 305,657 68,490 335,233 163,678 1,996,306 766,386 242,276 56,344 5,590,055
5,674,432
In accordance with a new accounting standard, grants and donations received in previous years, without performance conditions attached to them, were released to income during 2015-2016. This income, from various trusts and companies, reduced the support received from the University of Warwick in 2015 – 2016. 1