VillaVoice_Summer_2020 FINAL - Page 21

ST. URSULA VILLA ANNUAL REPORT Villa students and staff explained the importance of the Annual Fund that helps provide our students with the exceptional learning experience St. Ursula Villa is known for. We appreciate the leadership of Annual Fund Co-Chairs Bill Mulvihill and Mindy Langston Cho who helped the Villa raise over $226,000 toward the Annual Fund. You can watch the video at www.stursulavilla.org/annual-fund. Financial Report (As of 7/15/20, unaudited) Fundraising: 5.5% Misc: .5% Fees: 4.2% Government: 7.6% Physical Plant: 8.0% Instructional Expenses: 6.9% Administrative Expenses: 5.0% Debt Service: 7.3% Instructional Salaries: 43.5% Net Tuition: 82.3% Operating Revenue Tuition $4,913,034.15 Tuition Allowances $(417,863.00) Net Tuition $4,495,171.15 Fees $227,775.00 Fundraising $300,387.78 Misc. $27,325.67 Government $414,357.90 TOTAL REVENUE $5,465,017.50 Endowment Funds $667,697.35 Benefits/ Taxes: 17.7% Operating Expenses Non-instructional Salaries: 11.5% Instructional Salaries $2,489,998.30 Non-instructional Salaries $656,397.41 Benefits/Taxes $1,013,411.11 Administrative Expenses $287,323.60 Instructional Expenses $395,086.43 Physical Plant $459,020.08 Debt Service $419,439.40 TOTAL EXPENSE $5,720,676.33 20