2016 Financial Statements

Operating Revenue

Contributions and Grants $3,871,076

Government Grants $298,215

Program Income $60,080

Restricted Restoration Funds Released $1,880,072

Allocation from Endowment $181,873

Special Events $335,940

In Kind Contributions $56,193

Investment Income $21,601

Total Operating Revenue $6,705,049


Operating Expense

Program $3,717,749

Restoration $1,880,072

Management $566,121

Fundraising $498,949

Total Operating Expense $6,662,891


Net Assets

Operating Surplus $42,158

Unrestricted Net Assets, beginning of the year $2,677,380

Unrestricted Net Assets, end of the year $2,719,538

Temporarily Restricted Net Assets $14,445,346

Permanently Restricted Net Assets $3,648,762

Total Net Assets $20,813,646


Openlands Audit Report – FY16