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Interior_Annual Report 13-10-30 4:32 PM Page 70








VANCOUVER ART GALLERY ASSOCIATION
STATEMENTS OF OPERATIONS

Years ended June 30, 2013 and 2012

GENERAL ACQUISITIONS BUILDING OPERATING TOTAL TOTAL
FUND FUND FUND CAPITAL FUND 2013 2012
(schedule 3)
REVENUE
Admissions $ 1,693,566 $—$—$—$1,693,566 $ 1,695,774
Exhibition loan fees 126,770 ———126,770 102,775
Fundraising (notes 7(c) and 11) 2,525,090 4,806 74,117 — 2,604,013 2,777,567
Gallery Store, Artist Editions and
Art Rentals & Sales (note 8) 2,072,293 ———2,072,293 1,898,932
Investment income (note 10) 29,490 313,814 ——343,304 337,878
Memberships 780,741 ———780,741 799,330
Public programming 67,686 ———67,686 60,420
Rentals and restaurant lease 738,625 ———738,625 541,643
Special events (note 9) 560,374 ———560,374 1,283,297
Sponsorships 872,050 ———872,050 863,250
Vancouver Art Gallery Foundation
contribution (note 11(a)) 323,607 150,220 ——473,827 358,519
Other 132,949 ———132,949 69,873
9,923,241 468,840 74,117 — 10,466,198 10,789,258
GRANTS
BC Arts Council 643,000 ———643,000 630,000
BC Gaming 200,000 ———200,000 200,000
Canada Council 300,000 89,100 ——389,100 300,000
City of Vancouver (note 7(c)) 2,310,206 — 206,519 — 2,516,725 2,255,827
Other 79,046 ———79,046 130,103
3,532,252 89,100 206,519 — 3,827,871 3,515,930
$ 13,455,493 $ 557,940 $ 280,636 $—$14,294,069 $ 14,305,188
EXPENSES
Administration and finance 1,064,366 ———1,064,366 931,068
Art acquisitions (note 12) — 195,277 ——195,277 963,582
Board and management services 798,193 ———798,193 643,365
Curatorial and programs 1,444,142 ———1,444,142 1,471,487
Exhibitions 1,807,353 ———1,807,353 2,084,550
Gallery Store, Artist Editions and
Art Rentals & Sales (note 8) 1,675,655 ———1,675,655 1,655,033
Maintenance and security 2,353,005 ———2,353,005 2,331,693
Marketing, development and
visitor services (note 9) 2,487,085 ———2,487,085 2,278,625
Relocation planning ——280,636 — 280,636 346,102
Museum services 1,245,673 ———1,245,673 1,184,928
$ 12,875,472 $ 195,277 $ 280,636 $—$13,351,385 $ 13,890,433















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