EDUCATION AND RESEARCH
Sources of Income
Expenses
SUMMARY OF OPERATIONS
At the end of June 2007, there were 5,714 not-for-profit education and research organisations in Australia. Examples of these types of organisations include schools, universities and research institutes.
At the end of June 2007, these organisations employed 218,388 people. Just over a half (52.8% or 115,207 people) were employed on a permanent full-time basis, nearly a third (30.6% or 66,831 people) on a permanent part-time basis and 16.6% (36,350 people) as casuals.
In addition to paid employees, there were 204,163 volunteers during the 2006-07 financial year.
Industry value added by these organisations was $10.4b.
SOURCES OF INCOME
During the 2006-07 financial year, not-for-profit education and research organisations received $16b in income.
The graph below shows that the main source of income for these organisations was funding from federal, state and local government, which accounted for more than half (51.1% or $8.2b) of total income. The majority of this funding was volume based (83.8% or $6.8b), with a further 12.7% ($1b) of total government funding received on a non-volume basis.
SOURCES OF INCOME, Education and research(a)
Income from services accounted for a third of total income (33.9% or $5.4b), and income from related or affiliated organisations 3.9% ($0.6b).
EXPENSES
During the 2006-07 financial year, not-for-profit education and research organisations incurred $14.6b in expenses.
The graph below shows that the main expense item for these organisations was labour costs, which accounted for nearly two thirds of total expenses (64.5% or $9.5b).
EXPENSE ITEMS, Education and research(a)
Purchases accounted for 11% ($1.6b) of total expenses, and grants and other payments made to other organisations/businesses and individuals accounted for 3.6% ($0.5b).
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