342 



=orsian institution 

 Repc C^hief Financial Officer 



Institution to support salaries and expenses for operation of the Smithsonian Institution's 

 core functions. These core functions include caring for and conserving the national 

 collections; sustaining basic research on the collections; educating the public about the 

 collections and research findings through exhibitions and other public programs; conducting 

 basic and applied research; and carrying out educational programs. Federal appropriation 

 revenue of $445.5 million supports the Smithsonian Institution's operating salaries and 

 expenses and the repair, restoration, and construction of its facilities. The federal 

 appropriations represent 47 percent of total operating revenues. 



Government grants and contracts of $68.8 million represent 7 percent of the total operating 

 revenue for fiscal year 2000. Contributions for fiscal year 2000 totaled $151.4 million, 

 16 percent of the total operating revenue. Contributions included $81.3 million for program 

 support and $70.1 million for construction of facilities. 



Operating revenue from the Smithsonian Institution's business activities (Smithsonian 

 Business Ventures) totaled $219.2 million. Business activities were 23 percent of 

 fiscal year 2000 revenues. Operating revenue from other sources totaled $62 million. Other 

 sources of operating revenue included short-term investment income of $4.8 million, 

 endowment payout of $25.5 million, private grants in the amount of $21.9 million, and 

 $9.8 million from rental fees, and commissions. Other sources represented 7 percent of 

 fiscal year 2000 revenues. 



Figure 1: Fiscal Year 2000 Operating Revenues illustrates the sources of the Smithsonian 

 Institution's total operating revenues for fiscal year 2000. Sources of operating revenue 

 shown reflect the KPMG LLP audited statements of the Smithsonian Institution financial 

 position for fiscal year 2000. 



Figure 1: Fiscal Year 2000 Operating Revenues 



(as Percent of Total Revenues of S946.9 million) 



23% 



47% 



□ Federal Appropriations = $445.5 

 million (47%) 



D Government Grants & Contracts = 

 $68.8 million (7%) 



□ Contributions = $151.4 million 

 (16%) 



$219.2 million 

 Other = $62 million (7%) 



□ Business Activities 

 (23%) 



Note: The Smithsonian Institution received $438.1 million in appropriations during FY 2000, but retains a portion of 

 unspent funds for five years. The amount shown of $445.5 million is a combination of the appropriated amount plus 

 $7.4 million carried over from previous years. 



