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Overview | Mission, Vision, Values & Logo | Organisation Structure | Council & Advisory | Annual Report | Financial & Non-Financial Info | Milestones
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| Donations/Sponsorships (includes those received from members under NAC's Central Fund) |
Donations include all contributions - in cash or in kind |
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- Tax Deductible
- Non-Tax Deductible |
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10,710,497
3,462,290
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9,442,105
10,629,628 |
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| Govt Grants |
All govt grants received. |
36,724,543 |
42,616,473 |
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| Membership fees |
Subscription and entrance fees received from members. |
0 |
0 |
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| Investment Income |
Includes |
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- Interest income from bank accounts and deposits |
751,039 |
774,932 |
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- Gross dividends from shares |
319,313
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365,188
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| Rental Income |
Gross rental (including rental from properties, equipment, theatres etc). |
6,276,993
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6,721,154
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Investment Gains
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Gains from sale of investments such as equities/properties etc. |
198,037
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1,593,101
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Others
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Other sources of income which do not fall within any of the classifications. |
2,358,961
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2,075,147
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Total Receipts
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60,801,673
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74,217,728
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Arts Programming and Artists Development
Expenses
- Local
- Overseas |
Expenses incurred to meet the NAC's
objectives within and outside of Singapore.
E.g. Grants to artists, expenses for organising
arts events etc |
40,273,168
0
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56,436,687
0
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Operating/Administration Expenses
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Expenses incurred for operating and
administrative purposes.
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6,500,732
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6,510,770
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| Fundraising |
Expenses incurred in relation to fundraising
activities. |
0
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0
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| Publicity |
Expenses incurred in publicising the
objectives and activities of the charity. |
465,189
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644,656
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| Capital Expenses |
Expenses incurred for the acquisition
of capital assets e.g. furniture and fittings, computer
software, office equipment, arts housing properties
etc. |
5,138,840
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1,491,752
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| Disbursements to members under NAC's
Central Fund |
The outflow of the donations back
to the members under NAC's Central Fund. |
7,899,305
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7,939,300
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| Depreciation |
Depreciation of fixed assets |
3,422,501
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3,465,743
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Others
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Other expenses which do not fall within
any of the earlier classifications. |
579,814
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162,360
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Total Expenditure
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64,279,549
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76,651,268
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Excess (Deficit)
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(3,477,876)
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(2,433,540)
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| ASSETS |
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| Land and Building |
Value of all land and building owned
by charity. Value stated at cost/market values less
accumulated depreciation and disposal. |
8,749,024
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8,260,706
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| Tangible Assets |
Fixed Assets (e.g. furniture and fixtures,
equipment, etc) valued at cost/market value less
accumulated depreciation and disposal. |
18,652,893
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16,796,078
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| Long-term Investments |
Investments held on long term basis.
Valued at cost/market value less amortisation. |
0
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50,000
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| Inventories |
Valued at cost/net realisable value
less provision for obsolescence, if any. |
0
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0
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| Accounts Receivable |
All receivables including debtors
less provision for doubtful debts and bad debts
written off. |
8,068,587
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8,689,975
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| Cash & Deposits |
Include cash and bank balances and
fixed deposits. |
16,695,978
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13,831,912
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| Others (incl. assets of trust funds) |
Any other assets which do not fall
within any of the earlier classifications.
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36,988,933
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38,161,858
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| Total Assets |
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89,155,415
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85,790,529
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FUNDS
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| General Fund |
Current, accumulated or unrestricted
funds.
(including issued shares) |
19,886,519
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18,738,193
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| Trust Funds |
All monies held in trust by NAC. |
12,456,330
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14,287,220
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| Endowment Fund |
A category of restricted fund where
the endowment fund's capital is preserved. |
16,255,467
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16,255,467
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| Total Funds |
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48,598,316
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49,280,880
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| LIABILITIES |
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| Long-Term Liabilities |
Liabilities that are due for payment
after more than 12 months (which includes deferred
capital grants) |
27,629,633
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25,064,695
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Current Liabilities
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Liabilities that are due for payment
within 12 months. e.g. all payables including creditors
and accruals.
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12,927,466
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11,444,954
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| Total Liabilities |
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40,557,099
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36,509,649
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| Total Liabilities and Funds |
89,155,415
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85,790,529
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| Donations given to other Charities |
The total amount of donations (including sponsorships) made to other charities. |
0 |
10,000
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| Grants given to other Charities |
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0 |
0 |
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| No. of Employees |
Includes full-time, part-time and contract staff.
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226
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229
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Total Employee Costs
(incl. staff welfare & development expenses) |
Total remuneration paid to staff (including full-time, part-time and contract staff.) |
9,983,945
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11,180,729
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Source: NAC Annual Report |
Name of Organisation: National Arts Council
Address: 140 Hill Street, #03-01
MICA Building Singapore 179369
Website Address: www.nac.gov.sg
Chia I-Ling
Tel: 68379729
Fax: 68373019
Asst Director/Corporate communications & International Relations
Email Address: chia_i_ling@nac.gov.sg
Ng Boey Lan
Tel: 68379701
Fax: 68373010
Asst Director/Finance
Email Address: ng_boey_lan@nac.gov.sg
Charity Regn No: Exempted
Charity Regn Date: 31 Oct 1992
Constitution: National Arts Council Act (Chapter 193A)
Date of Establishment: 17 August 1991
ROS/RCB Regn No: Not Applicable
Effective Date : 1/8/2003- 31/7/2008
Vision/Mission
Vision: To develop Singapore as a distinctive global city for the arts.
Mission: To nurture the arts and make it an integral part of the lives of the people of Singapore.
, which is a fund set up by NAC for charitable purposes and registered as a charity, was granted IPC status from 1/8/2003 to 31/7/2008.
Nil
Development of arts talents, artists, arts companies & arts businesses. International promotion, cultural exchanges; organisation of
international festivals and events. Development of audience and support for the arts; arts infrastructure, arts manpower planning,
investment promotion and arts housing.
Mr S R Nathan
From 1 Sep 2006 to 31 Aug 2008
Mr Edmund Cheng Wai Wing (Chairman)
Mr Lee Suan Hiang
Mr Chua Thian Poh
Mr Lim Neo Chian
Mr Ng Cher Pong
Ms Ho Peng
Mr Sarkasi bin Said
Mr Philip Antony Jeyaretnam
Mr Kwek Leng Joo
Mr Lee Tzu Yang
Mr Seow Choke Meng
Mr Ong Ken Sen
Prof. Jeremy Monteiro
Dr Finian Tan Seng Chin
Mr Tan Boon Huat
Ms Priscylla Shaw
Ms Vera Ong
Mr Hsieh Fu Hua
Mr Lee Suan Hiang
Chief Executive Officer
Mr Khor Kok Wah
Deputy CEO and Director/Literary Arts
Ms Goh Ching Lee
Senior Director/Performing Arts and
Director/Singapore Arts Festival
Ms Elaine Ng
Director/Performing Arts Development
Mr Lim Chwee Seng
Director/Resource Development and
Director/Visual Arts
Ms Chua Ai Liang
Director/Audience Development
Mrs Susan Loh
Director/Market Development, Corporate Communications / International Relations
Dr Woon Kin Chung
Senior Director/Corporate Development
Ernst & Young
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