Annual Information Statement 2019

Legal Name
BRAIN FOUNDATION
ABN
47008479936

About the charity

Other names charity is known by (such as trading name)
Migraine & Headache Australia
Charity size
Large
Is the charity an incorporated association?
Yes
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: 19000596
  • NSW fundraising number: 14081
  • QLD fundraising number: CH0782
  • SA fundraising number: CCP609
  • VIC fundraising number: 13884.19
  • WA fundraising number: CC21318
Basic Religious Charity
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity
Grant-making activities
Main activities
Research
Description of charity's activities and outcomes
Provided updated information to the community about brain and spine disorders and funded a large number of leading research projects.
Where the charity conducted activities during the 2019 reporting period
  • Australian Capital Territory
  • New South Wales
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary
General community in Australia

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: 1
  • Part time employees: 3
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 2
  • Estimated number of volunteers: 2

Financial Reporting

Charity's 2019 reporting period
1 July 2018 to 30 June 2019
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
Yes
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,365,903.00
Revenue from providing goods or services
$14,049.00
Revenue from government including grants
$0.00
Revenue from investments
$388,257.00
All other revenue
$117,470.00
Total revenue
$1,885,679.00
Other income (for example, gains)
$2,973.00
Total gross income
$1,888,652.00
Expenses
Employee expenses
$347,005.00
Interest expenses
$37,126.00
Grants and donations made for use in Australia
$640,000.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$644,011.00
Total expenses
$1,668,142.00
Net surplus/(deficit)
$220,510.00
Other comprehensive income
$-174,476.00
Total comprehensive income
$46,034.00

Balance Sheet extract

Assets
Total current assets
$882,745.00
Non-current loans receivable
$0.00
Other non-current assets
$4,314,292.00
Total non-current assets
$4,314,292.00
Total assets
$5,197,037.00
Liabilities
Total current liabilities
$1,470,284.00
Non-current loans payable
$1,128,751.00
Other non-current liabilities
$20,111.00
Total non-current liabilities
$1,148,862.00
Total liabilities
$2,619,146.00
Net assets/liabilities
$2,577,891.00