Financial Summary
Statement of Revenues, Expenses and Changes in Net Assets
A summarized comparison of AZPM's operations for the year ended June 30, 2008,
2007 and 2006 is as follows:
2008 2007 2006
Operating revenue
Grants and contracts 38,056 21,715 40,428
Auxiliary enterprises 674,272 559,017 770,462
Total operating revenues 712,328 580,732 810,890
Operating expenses
Program services:
Programming and production 5,994,984 5,503,739 5,275,640
Broadcasting 1,703,444 1,690,355 1,549,966
Program information and promotion 340,283 548,576 705,177
Supporting services:
Management and general 918,053 975,025 1,040,602
Fundraising and membership development 1,749,307 1,648,164 1,608,389
Total operating expenses 10,706,071 10,365,859 10,179,774
Operating loss -9,993,743 -9,785,127 -9,368,884
Non-operating revenues
General appropriation from the U of A 2,643,105 2,657,782 2,564,562
Donated facilities and administrative support 1,706,635 1,709,925 1,709,271
Corporation for Public Broadcasting grants 1,174,070 1,238,331 1,280,190
Membership 2,147,950 2,387,949 2,361,458
Business and underwriting 1,056,084 882,370 772,828
Other gifts and non-operating revenues 1,082,376 1,177,091 837,448
Net non-operating revenues 9,810,220 10,053,448 9,525,757
Capital and endowment reductions 37,930 767,270 -
Increase (decrease) in net assets -145,593 1,035,591 156,873
Net assets - beginning of year 11,213,976 10,178,385 10,021,512
Net assets - end of year $11,068,383 $11,213,976 $10,178,385


Revenue and Expense distribution