KANSAS STATE UNIVERSITY FOUNDATION

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$265,184,453
Other
44%
Contributions
43%
Program Services
10%
Investments
3%
Fundraising Events
<1%
Membership Dues
<1%
Government Grants
0%
Expenses in 2024
$160,469,150
Grants
59%
Fees to Service Providers
16%
Salaries & Benefits
13%
Other
7%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$137,461,898
$113,888,214
-17%
Government Grants
$0
$0
-
Fundraising Events
$2,133,756
$2,443,538
+15%
Program Services
$1,956,818
$25,332,482
+1195%
Membership Dues
$1,001,546
$959,052
-4%
Investments
$2,964,274
$6,814,239
+130%
Other
$39,823,434
$115,746,928
+191%
Total Revenues
$185,341,726
$265,184,453
+43%
Expenses
2023
2024
Change
Grants
$81,642,354
$94,468,571
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$19,172,013
$20,679,092
+8%
Fees to Service Providers
$21,089,314
$26,401,889
+25%
Advertising & Promotion
$1,541,333
$1,142,925
-26%
Offices, Occupancy & IT
$4,742,237
$4,908,536
+4%
Interest
$155,146
$55,913
-64%
Depreciation
$795,006
$829,144
+4%
Other
$10,570,960
$11,983,080
+13%
Total Expenses
$139,708,363
$160,469,150
+15%
Net income
2023
2024
Change
Net income
+$45,633,363
+$104,715,303
+129%
Functional Expenses
Summary
2023
2024
Change
Program
$103,732,052
$114,342,829
+10%
Admin
$21,089,836
$29,731,263
+41%
Fundraising
$14,886,475
$16,395,058
+10%
Total Expenses
$139,708,363
$160,469,150
+15%
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