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Annual Report 2010-2011 - Western Australian Museum

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<strong>Western</strong> <strong>Australian</strong> <strong>Museum</strong> ANNUAL REPORT <strong>2010</strong>/<strong>2011</strong><br />

COLLECTIONS, RESEARCH AND STUDy<br />

The <strong>Museum</strong> acquires, conserves, manages and studies the evidence of people and their environment for the<br />

benefit of society both now and into the future. With over 4.5 million objects in the collection, the <strong>Museum</strong> shares<br />

its knowledge with the community, encouraging and inspiring people to understand and experience the world around<br />

them.<br />

• Environmental offset funding of $1.6 million was received from Rio Tinto to construct a state-of-the-art molecular<br />

laboratory at the <strong>Museum</strong>’s Welshpool Research and Collection Centre. This facility will enhance the <strong>Museum</strong>’s<br />

capacity to rapidly identify species using DNA techniques.<br />

• The <strong>Museum</strong> continues its exceptional work in describing new species, with 61 described this year.<br />

• The <strong>Museum</strong>’s partnership with Woodside Energy Limited – exploring the Kimberley will continue to 2015 with<br />

significant increase in funding support from Woodside.<br />

• Another important partnership with the ‘Atlas of Living Australia’ project is making information about Australia’s<br />

biodiversity more accessible and useable online. With $68,182 of infrastructure funding from the project, the<br />

<strong>Museum</strong> will accelerate its digitisation of images and specimens to maximise its input to this online resource.<br />

• The <strong>Museum</strong>’s collection of historic Dutch Shipwreck artefacts has been further enhanced by a gift from the Dutch<br />

Government late last year. The gift is comprised of more than 1,125 objects from 17 th and 18 th Century Dutch East<br />

India Company ships wrecked off the coast of <strong>Western</strong> Australia, including bullion, cargo, navigational equipment<br />

and the personal possessions of crew and passengers. A selection of artefacts from this collection has been on<br />

display since February <strong>2011</strong>.<br />

FINANCIAL DEVELOPMENTS<br />

The <strong>Museum</strong> is committed to rigorous financial management ensuring effectiveness, efficiency and value-for-money.<br />

In recognising the importance of its financial sustainability, the <strong>Museum</strong> is investigating commercial opportunities,<br />

seeking out partnerships and promoting entrepreneurial practices, all of which will contribute to improved financial<br />

outcomes.<br />

• The <strong>Museum</strong> achieved a positive financial outturn for <strong>2010</strong>/<strong>2011</strong>, delivering a balanced budget position in its general<br />

operating activities.<br />

• In order to develop a more sustainable business model for the future, the <strong>Museum</strong> commissioned a Financial<br />

Management and Business Sustainability Review and has already implemented 11 of its 12 recommendations.<br />

• The <strong>Museum</strong> has appointed a new Director to head its Foundation as it seeks to encourage public investment in<br />

the organisation through corporate partnerships, donations, gifts and bequests. Jane Harris was, until recently,<br />

fundraising director with the Lord Mayor’s Charitable Foundation in Melbourne.<br />

• Andrew and Nicola Forrest made a very generous gift of shares to the <strong>Western</strong> <strong>Australian</strong> <strong>Museum</strong> Foundation –<br />

the largest philanthropic gift received to date.<br />

• The <strong>Museum</strong> continues to rationalise its property portfolio assets. Permission was obtained from the necessary<br />

authorities for the <strong>Museum</strong>’s former conservation workshop (also known as the former US Navy’s temporary<br />

Laundry Building) in Finnerty Street, Fremantle to be safely demolished in the second half of <strong>2011</strong>.<br />

10<br />

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