Page 43 - Gates-AnnualReport-2016

GATES BIOMANUFACTURING FACILITY OPERATIONS
In its second year of operations the Gates Biomanufacturing Facility generated $1,511,000 in revenue from a combination of outside for-profit companies and Anschutz-related laboratories. We also received an additional $1,535,000 from our four operating partners. With cost of goods sold and operating costs totaling $3,618,000, the Gates Biomanufacturing Facility reported a loss of $572,254. The combined fund balance was $192,194 as of December 31, 2016.
2012 2013 2014 2015 2016
Infrastructure and Operations Grants
Gates Frontiers Fund $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,200,000
University of Colorado Foundation $1,000,000 $1,000,000 $1,000,000 $1,000,000 $600,000
University of Colorado Presidents Office $600,000
Philanthropy $147,617
Infrastructure and Operations Grants $2,000,000 $2,150,000 $2,003,100 $2,010,330 $2,547,617
Expenditures
Center Lab Operations $414,055 $157,500 $188,204 $160,967 $328,657
Center Core Facilities $201,777 $197,750 $277,826 $458,498 $166,039
Center Research Program Support $651,381 $711,440 $506,551 $751,750 $976,914
Marketing & Development $271,856 $409,994 $318,155 $338,655 $336,937
Center Admin/Maint/Supplies $243,287 $243,107 $317,948 $336,792 $376,593
Center Enrichment $26,165 $28,000 $53,198 $18,539 $30,375
Center Educational Activities $20,580 $23,500 $60,575 $31,914 $122,841
Center Extraordinary Expenses $ 37,650 $327,866 $18,027 $22,000 $ -
Commercialization Support $ - $151,307 $111,224 $62,266 $102,433
Total Expenditures $1,866,751 $2,250,464 $1,851,708 $2,181,381 $2,440,462
Center Sources - Expenditures $133,249 $(100,485) $151,371 $(171,052) $107,154
Gates Biomanufacturing Facility
GBF Customer Revenue $ 166,025 $ 1,511,209
GBF Partner Support $ 1,376,750 $ 1,535,000
GBF Income $ 1,542,775 $ 3,046,209
GBF Expenditures ($ 1,762,518) ($ 3,618,463)
GBF Sources-Expenditures ($ 219,743) ($ 572,254)
Center/GBF Combined Sources- Expenditures
($ 390,795) ($ 465,100)
Center/GBF Combined Fund Balance $ 216,978
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