Financial Report 



325 



SMITHSONIAN INSTITUTION 

 Statement of Financial Activity 



Year ended September 30, 1999 

 (S000) 



Unrestricted 



Temporarily Permanently 



Trust Federal Restricted Restricted 



Funds Funds Total Trust Funds Trust Funds 



Total 



1999 



Operating revenue: 

 Government revenue: 

 Federal appropriations (note 4) 

 Government grants and contracts 



Business activities and other: 

 Short-term investment income (note 8) 

 Endowment payout (note 8) 

 Private grants 



Rentals, fees, and commissions 

 Business activities (note 15) 



66,868 



402,589 



402,589 

 66,868 



— 402,589 393,032 

 66,868 59,972 



Total government revenue 



66,868 



402,589 



469,457 



— 



— 



469,457 



453,004 



Contributions: 

 Program support (note 7) 

 Construction of facilities (note 16) 



28,079 



— 



28,079 



22,775 

 64,609 



3,449 



54,303 

 64,609 



63,742 

 3,815 



Total contributions 



28,079 



— 



28,079 



87,384 



3,449 



118,912 



67,557 



2,946 



14,391 



5,635 



8,134 



217,296 



2,946 



5 



14,391 



6,123 



5,635 



26,235 



8,134 



— 



217,296 



— 



508 



2,951 



2,380 



21,022 



19,726 



31,870 



10,348 



8,134 



8,335 



217,296 



213,109 



Total business activities and other 





248,402 



— 



248,402 



32,363 



508 



281,273 



253.898 



Total operating revenues 



Net assets released from restrictions 





343,349 

 17,948 



402,589 



745,938 

 17,948 



119,747 

 (17,948) 



3,957 



869,642 



774,459 



Total operating revenues, and other 



additions 



361,297 



402,589 



763,886 



101,799 



3,957 



869,642 



""4.459 



xpenses: 

 Research 



69,485 



80,760 



150,245 



Collections management 



5,485 



87,461 



92,946 



Education, public programs, and exhibitions 



43,567 



96,883 



140,450 



Business activities (note 15) 



191,830 



— 



191,830 



Administration 



32,674 



107,690 



140,364 



Advancement 



12,112 



— 



12,112 



150,245 

 92,946 

 140,450 

 191,830 

 140,364 

 12,112 



144,760 

 93,898 

 125,178 

 196.990 

 130,260 

 10,561 



Total expenses 



355,153 



372,794 



727,947 



727.947 



701.64; 



Increase in net assets 

 from operations 



Endowment income reinvested (note 8) 



Return of endowed gift (note 7) 



Change in net assets related to 

 collection items not capitalized: 

 Proceeds from sale 

 Collection items purchased 



6,144 



29,795 



35,939 



101,799 



9,363 



— 



69,363 



31,067 



— 



— 



— 



(41,407) 



1,000 

 6,794) 



(1,742) 



1,000 

 (8,536) 



— 



3,957 141,695 72.812 

 (2) 100.428 (30,825) 

 (3,416) (44,823) 



1.000 737 

 (8,536) (8,831) 



Increase in net assets 



69,713 



28,053 



97,766 



91,459 



539 



189,764 



33.S93 



Net assets, beginning of the year 

 Net assets, end of the year 



451,281 

 520,994 



426,271 

 454,324 



877,552 

 975,318 



202,224 

 293,683 



64,927 

 65,466 



1,144,703 

 1,334,467 



1,110,810 



1.144,703 



See accompanying notes to the financial statements. 



