Annual Information Statement 2017

Legal Name
Cairns Indigenous Art Fair Limited
ABN
64167840100

Section A: Charity Information

Charity size
Large
Fundraising online
No
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Culture and arts
Description of charity's activities and outcomes
The vision of Cairns Indigenous Art Fair (CIAF) is to provide platforms for cultural exchange and economic opportunity for Queensland Indigenous artists. In order to achieve this, CIAF strives to: 1. Leverage existing markets and develop new markets for Queensland Indigenous art 2. Grow audiences through immersive Indigenous arts and cultural experiences 3. Build CIAF's national and international profile 4. Contribute to development pathways for Queensland Indigenous artists 5. Ensure the relevancy and viability of CIAF. In 2017 CIAF held several programs focused on activities of visual and performing arts and Indigenous arts, providing an opportunity for Indigenous artists from around Australia to extend their skills, promote their culture, and sell art work in an ethical environment.
Main beneficiary
Aboriginal and Torres Strait Islander people
Other beneficiaries
People in rural/regional/remote communities
Where the charity conducted activities during the 2017 reporting period
Queensland
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 3
  • Part time employees: 2
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 4
  • Estimated number of volunteers: 37

Section D: Finance

Charity's 2017 reporting period
1 January 2017 to 31 December 2017
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$266,899.00
Revenue from providing goods or services
$214,027.00
Revenue from government including grants
$1,142,705.00
Revenue from investments
$3,141.00
All other revenue
$2,500.00
Total revenue
$1,629,272.00
Other income (for example, gains)
$0.00
Total gross income
$1,629,272.00
Expenses
Employee expenses
$390,878.00
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
$1,265,176.00
Total expenses
$1,656,054.00
Net surplus/(deficit)
$-26,782.00
Other comprehensive income
$0.00
Total comprehensive income
$-26,782.00

Balance Sheet extract

Assets
Total current assets
$326,205.00
Non-current loans receivable
$0.00
Other non-current assets
$23,420.00
Total non-current assets
$23,420.00
Total assets
$349,625.00
Liabilities
Total current liabilities
$124,190.00
Non-current loans payable
$0.00
Other non-current liabilities
$6,542.00
Total non-current liabilities
$6,542.00
Total liabilities
$130,732.00
Net assets/liabilities
$218,893.00
Financial report submitted to a state/territory regulator?
No

Section E: Annual report

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

Section F: Reporting to state or territory regulators

Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
No