Program service revenues show contrasts among top 100. (NPT 100).There was a mixed bag of gains and declines in program service revenues for the NPT NPT National Pipe Taper (pipe thread specification) NPT Non-Proliferation Treaty NPT Nonprofit Times NPT Newport (Rhode Island) NPT Nuclear Nonproliferation Treaty NPT Neath Port Talbot 100 in fiscal year 2000. Of the organizations reporting increases, the American Red Cross American Red Cross: see Red Cross. increased its program services by $164.5 million (11.1 percent) in FY '2000 to $1.6 billion based on their consolidated financial statement Consolidated financial statement A financial statement that shows all the assets, liabilities, and operating accounts of a parent company and its subsidiaries. . According to Stephen Rieve, senior director, business evaluation and analysis for the Washington, D.C.-based 501(c)(3), Biomedical Services generated a $9.8 million operating surplus -- or 0.6 percent of ARC's total revenues. Rieve added that this is an extremely small margin to provide needed funds for investments in people, systems and technology. Some of the other NPT 100 members that increased program services in FY'2000:Americus, Ga.- based relief group Habitat for Humanity International Habitat For Humanity International (HFHI) (generally referred to as Habitat for Humanity or simply Habitat) is an international, ecumenical Christian, non-governmental, non-profit organization devoted to building "simple, decent, and affordable" housing. (21) increased program services by $11.2 million; Alexandria, Va.-based Public Broadcasting Service “PBS” redirects here. For other uses, see PBS (disambiguation). Not to be confused with Public Broadcasting Services in Malta. The Public Broadcasting Service (PBS (24), listed among civic/cultural organizations, increased program service revenue by $22.3 million. Civic/cultural groups saw marked growth in program revenues. The American Museum of Natural History American Museum of Natural History, incorporated in New York City in 1869 to promote the study of natural science and related subjects. Buildings on its present site were opened in 1877. (45) in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ; for example, added $8 million in program services; the J.F. Kennedy Center for the Performing Arts Kennedy Center for the Performing Arts Huge cultural complex (opened 1971) in Washington, D.C., with a total of six stages, designed by Edward Durell Stone. The complex, surfaced in marble, makes use of the ornamental facade screens for which the architect was known. (70) in Washington, D.C., went up $7.2 million, and the Art Institute of Chicago Art Institute of Chicago, museum and art school, in Grant Park, facing Michigan Ave. It was incorporated in 1879; George Armour was the first president. Since 1893 the Institute has been housed in its present building, designed in the Italian Renaissance style by (41) increased by $3.3 million. One of the civic/cultural organizations reporting lower program services in FY '2000 included Atlanta-based Robert W.Woodruff Arts Center, Inc. It made a solid debut on the list at 62, with strong growth in its total revenues and public support, despite reporting $716,086 less in program services in FY '2000. Indeed, many of the top 100 reported decreases in that revenue stream, varied from the thousands to multi-millions in FY '2000. Brunswick, Ga.-based financial services organization Map International Inc.'s program services decreased $200,526 in FY '2000 as a result of much lower gifts in kind, according to Chief Financial Officer Dan Reed. "A $200,000 reduction in revenue service fees -- and the reason for that is because we distributed less product and less administrative service fees were collected as a result," Reed said. Reed added that Map International (97) is seeking more GIK GIK Glucose, Insulin, Potassium GIK Gifts In Kind GIK Ghulam Ishaq Khan (Institute of Engineering Sciences and Technology, Topi, Pakistan) from one year to the other. "We're seeking it harder and if you look at specific items (of the Form 990) you'll note that there were some reductions and some increases," he said. Others reporting decreases include: Galesburg, Ill.-based National Association for the Exchange of Industrial Resources, which saw lowered program services by $12.3 million and its ranking fall 10 places to 65. But a program service decline didn't portend por·tend tr.v. por·tend·ed, por·tend·ing, por·tends 1. To serve as an omen or a warning of; presage: black clouds that portend a storm. 2. a fall overall. The Museum of Modern Art in New York City declined $3.2 million in program services but rose seven places on the list. And the National Gallery of Art in Washington, D.C., reported a $1.1 million drop from FY '99, yet leapfrogged 21 places to 37. The National Gallery of Art's surge up the NPT 100 charts was not because of their $1.1 million decrease in program service revenue, said Deborah Ziska, chief of press, public information, but because of two major bequests. "It could be anything, it could be a little in exhibitions, it could be education, it could be so many things. It's not just one thing it could be spread across many program areas," Ziska said of the decrease in program services. "When you have a budget of $85 million or so (a) $1 million (drop off) -- it can fluctuate like that from year to year." Still, program service figures can be somewhat difficult to tap into, depending on the nature of the organization. For Ducks Unlimited, program service revenue means revenues associated with land easements EASEMENTS, estates. An easement is defined to be a liberty privilege or advantage, which one man may have in the lands of another, without profit; it may arise by deed or prescription. Vide 1 Serg. & Rawle 298; 5 Barn. & Cr. 221; 3 Barn. & Cr. 339; 3 Bing. R. 118; 3 McCord, R. . "A land owner ... may choose to put a restriction on his land," explained Bob Mims, controller for the Memphis, Tenn., organization, which would hold title on the easement easement, in law, the right to use the land of another for a specified purpose, as distinguished from the right to possess that land. If the easement benefits the holder personally and is not associated with any land he owns, it is an easement in gross (e.g. . "What we do is to agree to monitor that easement in perpetuity. ... (The land owner agrees he) will never develop that land again. You can't build an apartment complex on that land, etc." While the donor obviously takes a devaluation of the market value of the land, which translates to a deduction, that diminution of the land value is what DU books. "How much is that easement worth to us? It's actually worth nothing ... I can't go sell it." TOP 5 INCREASES IN PROGRAM SERVICES Organization Program Services Change Lutheran Services in America 2,245,612,041 National Easter Seal Society 423,650,300 Volunteers of America 377,831,964 The National Council of YMCAs 235,841,000 Goodwill Industries International 208,400,000 TOP 5 INCREASES BY % IN PROGRAM SERVICES Organization % Prog Serv Change Citizens' Scholarship Foundation of America 1328% Volunteers of America 563% National Wildlife Federation & Endowment 542% Lutheran Services in America 217% World Wildlife Fund 93% |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion