Annual Information Statement 2016

Legal Name
Commons Library Limited
ABN
59603473963

Section A: Charity Information

Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Other education
Main activities
Research
Description of charity's activities and outcomes
The Commons collected a large volume of non-profit resources in 2016, which helped us reach our goal of providing a crucial education resource to the Australian non-profit sector. The company's short and long term objectives are:a) to improve its website and grow its collection; andb) to build the number of library users.To achieve its objectives, the company has adopted the following strategies:DOCUMENT LEARNINGSThe library will work to document successful campaigns or tactics, drawing out the unique factors which created the conditions for success and the factors common across successful campaigns.PRESERVE KNOWLEDGEStore and distribute new tactics and strategies developed by community members.BUILDING THE STORY ARCThe Commons will curate progressive stories, victories and important losses.
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
  • Other Countries
    • DEU
    • IND
    • GBR
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

Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No
Charity's 2016 reporting period
1 July 2015 to 30 June 2016
Financial report submitted to a state/territory regulator?
No
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

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,721,600.00
Revenue from government including grants
$0.00
All other revenue
$0.00
Total revenue
$1,721,600.00
Other income (for example, gains)
$1,816.00
Total gross income
$1,723,416.00
Expenses
Employee expenses
$0.00
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
$115,887.00
Total expenses
$115,887.00
Net surplus/(deficit)
$1,607,529.00
Other comprehensive income
$0.00
Total comprehensive income
$1,607,529.00

Balance Sheet extract

Assets
Total current assets
$759,226.00
Non-current loans receivable
$0.00
Other non-current assets
$943,301.00
Total non-current assets
$943,301.00
Total assets
$1,702,527.00
Liabilities
Total current liabilities
$95,458.00
Non-current loans payable
$0.00
Other non-current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$95,458.00
Net assets/liabilities
$1,607,069.00