KYIV SCHOOL OF ECONOMICS
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$51,734,819
Contributions
90%
Other
4%
Investments
3%
Program Services
3%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$33,813,264
Grants
67%
Offices, Occupancy & IT
23%
Other
5%
Salaries & Benefits
4%
Depreciation
1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$50,189,381
$46,812,223
-7%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,261,514
$1,302,409
+3%
Membership Dues
$0
$0
-
Investments
$547,653
$1,678,916
+207%
Other
$827,302
$1,941,271
+135%
Total Revenues
$52,825,850
$51,734,819
-2%
Expenses
2023
2024
Change
Grants
$26,741,008
$22,555,446
-16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,350,193
$1,274,503
-71%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,281,628
$7,906,982
+247%
Interest
$0
$0
-
Depreciation
$196,013
$385,419
+97%
Other
$401,728
$1,690,914
+321%
Total Expenses
$33,970,570
$33,813,264
0%
Net income
2023
2024
Change
Net income
+$18,855,280
+$17,921,555
-5%
Functional Expenses
Summary
2023
2024
Change
Program
$30,714,836
$26,929,836
-12%
Admin
$439,333
$4,962,379
+1030%
Fundraising
$2,816,401
$1,921,049
-32%
Total Expenses
$33,970,570
$33,813,264
0%
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