Annual Information Statement 2016

Legal Name
BRAIN FOUNDATION
ABN
47008479936

Section A: Charity Information

Other names charity is known by (such as trading name)
Migraine & Headache Australia
Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Grant-making activities
Main activities
Research
Estimated percentage of charity's grant funding that was
Granted through a public or open application process, or similar: 100%
Description of charity's activities and outcomes
Provided updated information to the community about brain and spine disorders and injuries and funded a large number of leading research projects.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
Who was helped most by the charity's activities in the reporting period
General community within Australia

Section C: Human Resources

Human resources
  • Full time employees: 1
  • Part time employees: 3
  • Estimated number of volunteers: 150

Section D: Finance

Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
Yes
Charity's 2016 reporting period
1 July 2015 to 30 June 2016
Financial report submitted to a state/territory regulator?
Yes
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.
State or territory of the regulator where financial report was submitted
  • New South Wales
  • Queensland
  • Western Australia

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,148,694.00
Revenue from government including grants
$0.00
All other revenue
$109,540.00
Total revenue
$1,258,234.00
Other income (for example, gains)
$276,824.00
Total gross income
$1,535,058.00
Expenses
Employee expenses
$297,707.00
Interest expenses
$68,531.00
Grants and donations made for use in Australia
$549,000.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$451,636.00
Total expenses
$1,366,874.00
Net surplus/(deficit)
$168,184.00
Other comprehensive income
$0.00
Total comprehensive income
$168,184.00

Balance Sheet extract

Assets
Total current assets
$517,321.00
Non-current loans receivable
$0.00
Other non-current assets
$3,730,159.00
Total non-current assets
$3,730,159.00
Total assets
$4,247,480.00
Liabilities
Total current liabilities
$1,634,942.00
Non-current loans payable
$0.00
Other non-current liabilities
$32,374.00
Total non-current liabilities
$32,374.00
Total liabilities
$1,667,316.00
Net assets/liabilities
$2,580,164.00