FY 2012 Highlights - New York Public Library
FY 2012 Highlights - New York Public Library
FY 2012 Highlights - New York Public Library
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alance sheets june 30, <strong>2012</strong> and 2011<br />
financial activitieS for the years ended june 30, <strong>2012</strong> and 2011<br />
in thousands of dollars<br />
<strong>2012</strong> 2011<br />
in thousands of dollars<br />
<strong>2012</strong> 2011<br />
Assets<br />
Operating revenues<br />
Cash and cash equivalents<br />
$ 97,310<br />
$ 102,888<br />
City of <strong>New</strong> <strong>York</strong><br />
$ 133,066<br />
$ 133,170<br />
Government and other receivables<br />
26,210<br />
24,427<br />
State of <strong>New</strong> <strong>York</strong><br />
16,391<br />
18,108<br />
Contributions receivable, net<br />
62,216<br />
82,432<br />
Federal government<br />
1,731<br />
1,377<br />
Other assets<br />
2,012<br />
2,052<br />
Contributed rent and utilities<br />
10,072<br />
10,005<br />
Funds held by bond trustee<br />
24,631<br />
4,002<br />
Private contributions and grants<br />
32,110<br />
33,012<br />
Investments<br />
889,324<br />
814,313<br />
Investment return appropriated for spending<br />
38,234<br />
34,982<br />
Real estate investment used in operations<br />
1,084<br />
1,084<br />
Fines, royalties, and other revenue<br />
12,982<br />
14,094<br />
Fixed assets, net<br />
Collections<br />
284,821<br />
301,533<br />
Total operating revenues<br />
244,586<br />
244,748<br />
Total assets<br />
$ 1,387,608<br />
$ 1,332,731<br />
Operating expenses<br />
Liabilities<br />
Accounts payable and accrued liabilities<br />
Deferred revenue—City of <strong>New</strong> <strong>York</strong> and other<br />
Long-term debt<br />
Interest rate swaps<br />
Accrued postretirement benefits<br />
Total liabilities<br />
Net Assets<br />
$ 57,405<br />
87,488<br />
84,510<br />
16,917<br />
182,757<br />
429,077<br />
$ 54,110<br />
104,858<br />
88,490<br />
11,662<br />
146,833<br />
405,953<br />
<strong>Library</strong> services<br />
Fundraising and membership development<br />
Management and general<br />
Total operating expenses<br />
Additions to research collections<br />
Total operating expenses and additions to research collections<br />
Change in net assets from operating activities, before gains on sales of real estate<br />
Gains on sales of real estate, net<br />
Change in net assets from operating activities<br />
211,437<br />
8,170<br />
23,308<br />
242,915<br />
10,361<br />
253,276<br />
(8,690)<br />
80,767<br />
72,077<br />
204,367<br />
9,461<br />
25,639<br />
239,467<br />
12,299<br />
251,766<br />
(7,018)<br />
—<br />
(7,018)<br />
Unrestricted<br />
Temporarily restricted<br />
Permanently restricted<br />
Total net assets<br />
Total liabilities and net assets<br />
295,593<br />
236,691<br />
426,247<br />
958,531<br />
$ 1,387,608<br />
241,543<br />
268,635<br />
416,600<br />
926,778<br />
$ 1,332,731<br />
Non-operating activities<br />
Endowment contributions and funds designated for long-term investment<br />
Appropriations and contributions for capital<br />
Contributed property for use<br />
Depreciation and amortization<br />
Investment return, net of amounts appropriated<br />
Postretirement benefits changes other than net periodic benefit cost<br />
Change in value of interest rate swaps<br />
Change in net assets from non-operating activities<br />
45,068<br />
13,118<br />
14,466<br />
(23,158)<br />
(55,257)<br />
(29,306)<br />
(5,255)<br />
(40,324)<br />
14,390<br />
13,080<br />
—<br />
(20,547)<br />
105,675<br />
13,720<br />
1,839<br />
128,157<br />
Change in net assets<br />
331,753<br />
121,139<br />
Net assets at beginning of year<br />
Net assets at end of year<br />
926,778<br />
$ 958,531<br />
805,639<br />
$ 926,778<br />
60 annual report <strong>2012</strong> | 61
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