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3:43 PM <br />07/09/15 <br />Accrual Basis <br />Louisville Cultural Council <br />Profit & Loss Budget vs. Actual <br />January through June 2015 <br />Ordinary Income /Expense <br />Income <br />Direct Public Support <br />Individual Contributions <br />Gifts In -Kind - Services <br />Gifts in Kind - Goods <br />Total Direct Public Support <br />Government Grants <br />City of Louisville 10,000.00 10,000.00 0.00 <br />SCFD 1,800.00 1,800.00 0.00 <br />Jan -Jun 15 <br />Budget $ Over Budget <br />700.35 1,795.00 - 1,094.65 <br />1,600.00 3,200.00 - 1,600.00 <br />0.00 1,320.00 - 1,320.00 <br />2,300.35 6,315.00 - 4,014.65 <br />Total Government Grants 11,800.00 11,800.00 0.00 <br />Program Income 1,345.00 3,406.00 - 2,061.00 <br />Investments <br />Interest - Checking /Savings 14.68 25.00 -10.32 <br />Total Investments 14.68 25.00 -10.32 <br />Total Income 15,460.03 21,546.00 - 6,085.97 <br />Gross Profit 15,460.03 21,546.00 - 6,085.97 <br />Expense <br />Program Expense <br />Artist Fees 5,285.00 12,255.00 - 6,970.00 <br />Instructor Fees 455.00 755.00 - 300.00 <br />Rental 100.00 200.00 - 100.00 <br />Food and Beverage 38.70 390.52 - 351.82 <br />Graphic Design /Marketing 1,600.00 2,800.00 - 1,200.00 <br />Technical Support 300.00 420.00 - 120.00 <br />Equipment 0.00 400.00 - 400.00 <br />Miscellaneous Expense 0.00 75.48 -75.48 <br />Total Program Expense 7,778.70 17,296.00 - 9,517.30 <br />Awards and Grants <br />Cash Awards and Grants 300.00 2,500.00 - 2,200.00 <br />Total Awards and Grants 300.00 2,500.00 - 2,200.00 <br />Operations <br />Advertising and Marketing 103.20 1,000.00 - 896.80 <br />Books, Subscriptions, Reference 0.00 50.00 -50.00 <br />Gifts 0.00 100.00 - 100.00 <br />Licenses and Fees 25.00 100.00 -75.00 <br />Meals and Entertainment 0.00 200.00 - 200.00 <br />Postage, Mailing Service 0.00 100.00 - 100.00 <br />Supplies 10.21 200.00 - 189.79 <br />Total Operations 138.41 1,750.00 - 1,611.59 <br />Total Expense 8,217.11 21,546.00 - 13,328.89 <br />Net Ordinary Income 7,242.92 0.00 7,242.92 <br />Net Income 7,242.92 0.00 7,242.92 <br />Page 1 <br />