Annual Information Statement 2019

Legal Name: 
Children's Medical Research Institute
ABN: 
47002684737

About the charity

Other names charity is known by (such as trading name): 
  • Children's Medical Research Institute
  • Jeans for Genes
  • Cell Bank Australia
Website: 
www.cmri.org.au
Charity size: 
Large
Fundraising online: 
Yes
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2019 reporting period: 
  • ACT fundraising number: 19000443
  • NSW fundraising number: 10331
  • QLD fundraising number: CH1433
  • SA fundraising number: CCP2542
  • TAS fundraising number: F1A-61
  • VIC fundraising number: 12488.16
  • WA fundraising number: CC20276
Basic Religious Charity: 
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity: 
Research
Main activities: 
  • Other education
  • Grant-making activities
  • Other philanthropic intermediaries and voluntarism promotion
  • Other
    • Medical Research, Fundraising
Description of charity's activities and outcomes: 
During the year, the principal activity of the Institute continued to be conducting research into the causes, prevention, relief and cure of disease and illness in children. Our core research activities include genetics and gene therapy, embryology, neuroscience and cancer research.

To achieve these objectives, the Institute has adopted the following strategies:
• recruitment of specialist staff across its core research activities;
• grow complementary labs, technology facilities and expansion of big data capabilities;
• diversification and strengthening of its fundraising activities;
• exploiting industry collaborations for commercialisation opportunities to bridge funding gaps and generate new, long-term revenue streams; and
• management of its investment Endowment Funds to achieve appropriate returns with acceptable risk.
Where the charity conducted activities during the 2019 reporting period: 
New South Wales
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary: 
Early childhood - aged under 6
Other beneficiaries: 
  • Families
  • People with chronic illness (including terminal illness)

Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Human Resources

Human resources: 
  • Full time employees: 166
  • Part time employees: 24
  • Casual employees: 5
  • Full-time equivalent staff (FTE): 182.74
  • Estimated number of volunteers: 100

Financial Reporting

Charity's 2019 reporting period: 
1 January 2019 to 31 December 2019
Type of financial statement: 
General purpose financial statements - reduced disclosure regime
Financial report consolidated with more than one entity?
No
Financial report submitted to a state/territory regulator?
Yes
Type of organisation: 
My charity is a charitable fundraising organisation
State or territory of the regulator where financial report was submitted: 
Western Australia

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$14,433,096.00
Revenue from providing goods or services: 
$823,917.00
Revenue from government including grants: 
$11,979,802.00
Revenue from investments: 
$3,577,438.00
All other revenue: 
$7,238,710.00
Total revenue: 
$38,052,963.00
Other income (for example, gains): 
$5,610,043.00
Total gross income: 
$43,663,006.00
Expenses
Employee expenses: 
$20,076,796.00
Interest expenses: 
$0.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$19,664,723.00
Total expenses: 
$39,741,519.00
Net surplus/(deficit): 
$3,921,487.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$3,921,487.00

Balance Sheet extract

Assets
Total current assets: 
$44,284,002.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$122,244,349.00
Total non-current assets: 
$122,244,349.00
Total assets: 
$166,528,351.00
Liabilities
Total current liabilities: 
$21,552,451.00
Non-current loans payable: 
$0.00
Other non-current liabilities: 
$20,743,108.00
Total non-current liabilities: 
$20,743,108.00
Total liabilities: 
$42,295,559.00
Net assets/liabilities: 
$124,232,792.00