Annual Information Statement 2015

Legal Name
The Australia Institute Ltd
ABN
90061969284

Section A: Charity Information

Charity size
Large
Basic Religious Charity
No

Section B: Activities

Activities in the 2015 reporting period
Yes
Main activity
Research
General activities
  • Civic and advocacy activities
  • Economic, social and community development
  • Other
    • The Australia Institute conducts research on a broad range of economic, social and environmental issues in order to inform public debate and bring greater accountability to the democratic process.
Description of charity’s activities and outcomes
In 2014-15 The Australia Institute produced 43 pieces of research and made 17 submissions to government inquiries or project assessment processes.The work of the Institute has two main threads of real-world impact.Firstly, our research is rigorous, timely, and politically relevant. Drawing on this work, the TAI research team are respected media commentators, inserting our analysis into live political debates.The Institute has been at the forefront of the debate about Australias tax and revenue challenges. Australias economic future and prosperity rest on more than coal as our economic research demonstrates. The economic costs of inequality are a challenge to all nation states, including Australia and bringing Joseph Stiglitz to Australia was a highlight of 2014-15.Richard Denniss and our research staff penned more than 50 opinion pieces throughout 2014-15. These pieces amplify the impact of our research and introduce our work to new audiences. In the 2014-15 financial year, our research was featured in 18,000 separate radio and TV broadcasts alone, worth an estimated value of $22 million in equivalent advertising space. We secured strong coverage throughout the year in every state and territory, across a range of issues.Mining was our most reported upon topic - our work attracted 1780 TV news and radio stories worth $1.82 million in equivalent advertising space.Our commentary and analysis on the Budget was also widely reported upon, featuring in 1126 sto
Changing or introducing activities in the next reporting period
No
Beneficiaries helped by charity’s activities in the 2015 reporting period
  • General community in Australia
  • Women
  • Men
  • All ages
  • Other
    • Communities affected by mining, especially coal and coal-seam gas mining.

Section C: Resources and operating locations

Estimated number of unpaid volunteers who worked for the charity during the 2015 reporting period
  • Full time employees: 12
  • Part time employees: 4
  • Casual employees: 2
  • Volunteers: 0
Where the charity operated during the 2015 reporting period
  • Australian Capital Territory
  • Victoria

Section D: Reporting and regulatory obligations (This section is optional)

Commonwealth department /(s) and/or agency/agencies charity had to report to over the 2015 reporting period, excluding the ATO and ACNC

Approximate hours spent reporting by paid staff
0
Approximate hours spent reporting by unpaid volunteers
0
Total hours spent reporting
0

Section E: Financial information

Charity's 2015 reporting period
1 July 2014 to 30 June 2015
Financial report submitted to a state/territory regulator?
No
2015 Financial report
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,811,020.00
Government grants
$0.00
All other revenue
$726,231.00
Total revenue
$2,511,433.00
Other income
$28,247.00
Total gross income
$2,565,498.00
Expenses
Employee expenses
$1,491,712.00
Interest
$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
$718,826.00
Total expenses
$2,210,538.00
Net surplus/deficit
$354,960.00

Balance Sheet extract

Assets
Total current assets
$1724091.2900
Non-current loans receivable
$0.00
Other non-current assets
$21555.0900
Total non-current assets
$21555.0900
Total assets
$1745646.3000
Liabilities
Total current liabilities
$153572.7500
Non-current loans payable
$0.00
Other non-current liabilities
$159031.1000
Total non-current liabilities
$159031.1000
Total liabilities
$312,603.00
Net assets/liabilities
$1433042.5300

Section F: Other obligations

Governing document on the ACNC register current and accurate
Yes
Responsible persons' details on the ACNC register complete, current and accurate
Yes
Subtypes current and accurate
Yes