BrewsterConnections - Brewster Academy
BrewsterConnections - Brewster Academy
BrewsterConnections - Brewster Academy
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2005-06 Annual Report<br />
1<br />
Total Operating Budget: $15.7 million<br />
rEVENUEs<br />
• Tuition: 73%<br />
Boarding and Day Student Tuition (66%) and Academic Support<br />
Fees (7%)<br />
• Student Related Fees: 8%<br />
Books, trips, laptops, voice/data communications, insurances,<br />
linen services, extra curricular activities, skiing, summer and school<br />
break trips, graduation, publications, yearbooks, library fees,<br />
campus store purchases, etc.<br />
• Gifts and Pledges: 9%<br />
Unrestricted annual funds and other capital gifts<br />
• Summer Programs: 7%<br />
<strong>Brewster</strong> <strong>Academy</strong>’s six-week Summer School, the Royal Thai<br />
Scholar ESL and Immersion Program (now in its 15th year), the<br />
Heifetz International Music Institute (now in its fourth year), the<br />
Great Waters Music Festival (now in its eighth year), craft fairs,<br />
plus various athletic camps and miscellaneous adult educational<br />
workshops, teacher preparation classes, weddings, local New<br />
Hampshire company picnics, annual Huggins Hospital Auction and<br />
Fair<br />
• Investments: 3%<br />
Earned interest on short-term operating cash and long-term<br />
endowments<br />
EXPENdITUrEs<br />
• Personnel, taxes, benefits, non-personnel expenses are included in<br />
each category.<br />
• Direct Educational Instruction and Student Services: 37%<br />
Faculty, community living parents (CLP), coaches’ salaries, departmental<br />
expenses, dining services, athletics, library, health center, campus store,<br />
recreation and weekend activities, dorm residential programs, computer<br />
hardware and software, counseling services, student leadership, computer<br />
programming and technology, etc.<br />
• Financial Aid: 13%<br />
18% of tuition and academic support revenues received are provided<br />
to award to need-based families for boarding and day students.<br />
• Physical Plant Operations: 24%<br />
Staff salaries, utilities, housekeeping and custodial expenses, equipment<br />
leasing, grounds and building maintenance, municipal bond principal and<br />
borrowing interest, plant depreciation, repair and replacement, plant<br />
renewal reserves, liability insurance.<br />
• Administration: 21%<br />
Salaries for the Head of School, clerical support staff, business services,<br />
admissions, alumni, development and fundraising, communications and<br />
marketing, local real-estate taxes, voice and data communications, office<br />
supplies and postage, employee recruitment and human resources, printing,<br />
postage, and tuition/fee losses and un-collectibles.<br />
• Summer Programs: 5%<br />
Programs listed in the Revenue Sources chart plus <strong>Brewster</strong>’s Summer<br />
Institute (BSI) for all newly hired faculty and administrators.<br />
<strong><strong>Brewster</strong>Connections</strong> l Fall 2006