Operating: FY21 Budget = 2,412,742 | FY21 Actual = 1,282,408
Renovations/Capital: FY21 Budget = $700,000 | FY21 Actual = $701,782
Collections: FY21 Budget = $10,658,284 | FY21 Actual = 10,139,364
Highlights:
General funds were largely expended on salaries and library collections. The actual salaries and operating spending are lower than the previous fiscal year due to the pandemic.
The collection spending stays the same – showing consistent demands from faculty and staff.
Local Funds FY21 Beginning vs. Ending Balance:
Designated: Beginning = $2,628,676 | Revenue & Transfer In = $1,806,883 | Expenses & Transfer Out = $1,218,508 | Ending Balance = $3,217,051
Endowments: Beginning = $1,060,643 | Revenue & Transfer In = $878,779 | Expenses & Transfer Out = $693,545 | Ending Balance = $1,245,878
Gifts: Beginning = $387,203 | Revenue & Transfer In = $75,617 | Expenses & Transfer Out = $25,215 | Ending Balance = $437,604
Plant: Beginning = $766,670 | Revenue & Transfer In = $29,902 | Expenses & Transfer Out = $63,049 | Ending Balance = $733,523
Grand Total: Beginning = $4,843,192 | Revenue & Transfer In = $2,791,181 | Expenses & Transfer Out = $2,00,318 | Ending Balance = $5,634,056
Highlights:
Earned $878.8 K in endowment revenue; $75.6K in gift fund
Received $400K+ in revenue from UCL services provided to Children’s Hospital, UC Health, UC COM and others.
Received $700K Grant Funding from Andrew W. Mellon Foundation for Computable Archives – Activating Digital Archives with Machine Learning and Data Visualization for Transdisciplinary Digital Scholarship.
