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National Underground Railroad
Freedom Center - Federalized
Revenues:
Earned
Admissions
Facility Rental
Retail Sales, net
Membership
Café
Total Earned Revenues

Projected
2009

$

Private Support
Board Support / Major Gifts
Annual Fund/Individuals
Corporations
Foundations
Released from Restriction
Special Events
Total Private Support
Governmental Support
Federal (Dept. of Education)
State (Ohio)
Local (Cincinnati)
Total Governmental Support
Federalization

Total Revenues
Expenses (Foundation)
Wages & Benefits
Other
Total Foundation Expenses
Expenses (Federal)
Wages & Benefits
Other
Total Federal Expenses

800,000
800,000

750,000
750,000

Projected
2011

$

800,000
225,000
175,000
85,000
15,000
1,300,000

Projected
2012

$

1,100,000
150,000
125,000
175,000
-

-

800,000
230,000
160,000
88,000
15,000
1,293,000

Projected
2013

$

800,000
230,000
160,000
92,000
15,000
1,297,000

Projected
2014

$

4,069,500
1,198,300
831,100
441,100
78,400
6,618,400

1,550,000

1,100,000
175,000
125,000
175,000
125,000
1,700,000

1,100,000
175,000
125,000
175,000
125,000
1,700,000

1,100,000
175,000
125,000
175,000
125,000
1,700,000

5,950,000
875,000
750,000
825,000
625,000
9,025,000

550,000
550,000

550,000
550,000

550,000
550,000

550,000
550,000

2,950,000
2,950,000

5,000,000

5,000,000

5,000,000

5,000,000

20,000,000

-

-

-

-

-

-

8,000

7,600

-

-

-

-

-

4,581,000

4,555,000

8,400,000

8,543,000

8,547,000

8,556,000

38,593,400

2,679,000
3,619,000
6,298,000

2,900,000
3,500,000
6,400,000

1,305,000
1,575,000
2,880,000

1,338,000
1,591,000
2,929,000

1,371,000
1,607,000
2,978,000

1,405,000
1,623,000
3,028,000

8,319,000
9,896,000
18,215,000

1,595,000
3,405,000
5,000,000

1,635,000
3,365,000
5,000,000

1,676,000
3,324,000
5,000,000

1,718,000
3,282,000
5,000,000

6,624,000
13,376,000
20,000,000

520,000

614,000

569,000

528,000

378,400

(45,000)
222,000
177,000

(64,000)
217,000
153,000

(79,000)
212,000
133,000

(90,000)
206,000
116,000

(364,800)
1,794,000
1,429,200

(1,845,000)

(258,000)
1,008,000
750,000

(86,800)
937,000
850,200

$ (2,467,000)

$ (2,695,200)

$

$

$

5,359,000

$ 1,923,800

$ 2,651,800

$ 3,829,800

$ 4,152,800

570,000
300,000
1,090,000
800,000
1,305,000

830,000
642,000
620,000
5,550,000
1,300,000

700,000
642,000
467,000
770,000
5,550,000
1,293,000

50,000
467,000
467,000
770,000
5,550,000
1,297,000

50,000
467,000
467,000
770,000
5,550,000
1,306,000

(6,400,000)
(850,200)
(250,000)

(7,880,000)
(177,000)
(157,000)
-

(7,929,000)
(153,000)

(7,978,000)
(133,000)

(8,028,000)
(116,000)

(162,000)
-

(167,000)
-

(173,000)
500,000

Add estimated inflows:
Payments on prior year pledges (8/09 and earlier)
Payments on budgeted pledges - 2 prior years before
Payments on budgeted pledges - prior year
Cash Contributions - Current Year Private Support
Government payments
Earned Revenue
Less estimated outflows:
Estimated operating expenses
Estimated Interest Expense, net
Principal Payments on Debt - One time Paydown
Principal Payments on Debt
GAAP Basis adjustments

6,239,000

450,000
350,000
250,000
(2,120,000)
(310,000)
500,000
$

5 Year
Total

800,000
235,000
160,000
96,000
15,000
1,306,000

(1,717,000)

Net Interest Expense
Investment Income (exclude unrealized)
Interest Expense
Total Net Interest Expense

Estimated Cash and Investments, End of Year

1,550,000
200,000
250,000
125,000
250,000
2,375,000

-

Total Surplus (Deficit) Before Interest

869,500
278,300
176,100
80,100
18,400
1,422,400

1,050,000
150,000
75,000
175,000
558,000
40,000
2,048,000

641,000

Miscellaneous Income

Estimated Cash and Investments, Beginning of Year

$

-

Other Programs - Release/old dollars

Total Surplus (Deficit)

685,000
175,000
150,000
60,000
14,000
1,084,000

Projected
2010

5,359,000

$

1,923,800

343,000

$ 2,651,800

$

461,000

$ 3,829,800

$

436,000

$ 4,152,800

$

412,000

$ 4,945,800

$ (1,050,800)
$

5,359,000

2,200,000
1,876,000
2,043,000
4,020,000
23,000,000
6,501,000
(38,215,000)
(1,429,200)
(659,000)
250,000
$

4,945,800

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