Brown Alumni Monthly, Vol. 46 : January, 1946 (Classic Reprint)

Excerpt from Brown Alumni Monthly, Vol. 46: January, 1946

P contributing to the deficit of the year was the Division of Athletics, which finished the year in the red by $27; The Division's accumulated deficit is The only sport which showed a net income during the year was football, where the profit was Annual deficits notwithstanding the University considered it irn' portant to keep its athletic program on an active basis throughout the war. The next athletic balance sheet should appear in a more favorable light inasmuch as 1945 football receipts ran considerably ahead of the budgeted expectation and basketball has been drawing sizeable crowds.

A brief resume of the Treasurer's Statement of Income and Expense shows that the total expense for the College, the Graduate School, and Pembroke College for educational and general purposes was in as against an income for these purposes of - a loss of Auxiliary enterprises and activities, which included residence halls, dining halls, Division of Athletics, Photographic Laboratory, Outing Reservation, and Yacht Club, showed an expense of as against an income of - a loss of Other non/educational expenses; that is, for financial aid to students and annuities, totaled as against other non'educational income of $5 a difference of There was transferred to principal and to reserves for research, contracts, rental properties, military credits, dining and residence halls, expenses totaling 3 1 1.

An analysis of expense shows that administration cost departments of instruction libraries Division of University Extension Division of University Health Public Relations general expense operation and maintenance of educational plant $3 and residence halls.

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