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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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8,550,027 621,229 |
10,710,497 1,335,256 |
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| Govt Grants |
All govt grants received. |
33,450,346 |
36,724,543 |
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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 |
656,094 |
751,039 |
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- Gross dividends from shares |
338,319 |
319,313 |
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| Rental Income |
Gross rental (including rental from properties, equipment, theatres etc). |
5,762,116 |
6,276,993 |
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Investment Gains
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Gains from sale of investments such as equities/properties etc. |
601,735
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198,037
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Others
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Other sources of income which do not fall within any of the classifications. |
1,499,354
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2,358,961
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Total Receipts
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51,479,220 |
58,674,639 |
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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 |
33,922,589
1,650,605
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38,146,134
0
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Operating/Administration Expenses
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Expenses incurred for operating and administrative purposes.
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5,148,493 |
6,500,732 |
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| Fundraising |
Expenses incurred in relation to fundraising activities. |
0 |
0 |
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| Publicity |
Expenses incurred in publicising the objectives and activities of the charity. |
516,850 |
465,189 |
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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. |
2,945,169 |
5,138,840 |
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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. |
6,014,882 |
7,899,305 |
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| Depreciation |
Depreciation of fixed assets |
3,628,393 |
3,422,501 |
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Others
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Other expenses which do not fall within any of the earlier classifications. |
215,629 |
579,814 |
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Total Expenditure |
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54,042,610 |
62,152,515 |
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Excess (Deficit) |
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(2,563,390) |
(3,477,876) |
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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. |
9,237,342 |
8,749,024 |
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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. |
16,940,004 |
18,652,893 |
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| Long-term Investments |
Investments held on long term basis. Valued at cost/market value less amortisation. |
0 |
0 |
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| Inventories |
Valued at cost/net realisable value less provision for obsolescence, if any. |
0 |
0 |
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| Accounts Receivable |
All receivables including debtors less provision for doubtful debts and bad debts written off. |
2,291,358
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8,068,587
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| Cash & Deposits |
Include cash and bank balances and fixed deposits. |
21,602,657 |
16,695,978 |
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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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33,540,333 |
36,988,933 |
| Total Assets |
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83,611,694 |
89,155,415 |
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FUNDS
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| General Fund |
Current, accumulated or unrestricted funds. (including issued shares) |
18,456,832 |
19,886,519 |
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| Trust Funds |
All monies held in trust by NAC. |
10,454,987 |
12,456,330 |
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| Endowment Fund |
A category of restricted fund where the endowment fund's capital is preserved. |
16,255,467 |
16,255,467 |
| Total Funds |
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45,167,286 |
48,598,316 |
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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) |
26,054,989 |
27,629,633 |
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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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12,389,419 |
12,927,466 |
| Total Liabilities |
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38,444,408 |
40,557,099 |
| Total Liabilities and Funds |
83,611,694 |
89,155,415 |
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| Donations given to other Charities |
The total amount of donations (including sponsorships) made to other charities. |
0 |
0 |
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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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166 |
226 |
Total Employee Costs (incl. staff welfare & development expenses) |
Total remuneration paid to staff (including full-time, part-time and contract staff.) |
9,461,312 |
9,983,945 |
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
Nigel Sim Tel: 68379730 Fax: 68373019 Asst Director/Corporate Communications Email Address: nigel_sim@nac.gov.sg
Kim May Tel: 68379574 Fax: 68373019 Asst Director/Corporate Communications Email Address: kim_may@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
Dr Woon Kin Chung Senior Director/Planning and Senior Director/Corporate Services
Deloitte & Touche
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