Annual Information Statement 2016

Legal Name
Margaret Olley Art Trust
ABN
76567288758

Section A: Charity Information

Charity size
Small
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Culture and arts
Description of charity's activities and outcomes
DONATIONS OF ARTWORKS PURSUANT TO TRUST DEED
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • New South Wales
  • Queensland
Who was helped most by the charity's activities in the reporting period
General community within Australia

Section C: Human Resources

Information Unavailable

Section D: Finance

Accounting method used in the 2016 reporting period
Cash
Charity's 2016 reporting period
1 July 2015 to 30 June 2016
2016 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

Income Statement summary

Revenue/receipts
Donations and bequests
$11,507.00
Government grants
$0.00
All other revenue
$40,669.00
Total revenue
$52,176.00
Other income (for example, gains)
$0.00
Total gross income
$52,176.00
Expenses
Employee expenses/payments
$0.00
Grants and donations made for use in Australia
$632,885.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$7,115.00
Total expenses/payments
$640,000.00
Net surplus/(deficit)
$-587,824.00

Balance Sheet Extract

Total assets
$2,961,425.00
Total liabilities
$0.00
Net assets/liabilites
$2,961,425.00