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"They love to support a glamorous exhibition and highly targeted educational programs, which means every museum is desperate to build an endowment or generate revenue to cover the unglamorous stuff," like wiring, air-conditioning and general operating expenses.
Unlike most grants, the money was given without an application process and can be used for general operating expenses.
The orchestra also announced that it has returned a $960,000 grant from the Minnesota State Arts Board, which was to have been used for general operating expenses.
Therefore, the court said, the funds could not be used to pay general operating expenses, although the state may continue to borrow for capital projects.
That is in part because they have distanced themselves from a plan proposed by Lt. Gov. Richard Ravitch that would have the state borrow as much as $6 billion for general operating expenses over the next three years in exchange for budget reforms.
BTC China's Lee, who is also the CEO, said it plans to use the new funding for "general operating expenses", and to "aggressively grow and expand the business".
Similar(48)
In general, operations expenses tended to increase with IIS size while development expenses declined.
General and administrative operating expenses have increased substantively over the last year as Okta, like every public company, builds up compliance infrastructure to adhere to Sarbanes-Oxley.
Across the sector, management faced rising lease operating expenses (LOE), general and administrative costs (G&A), interest, as well as higher costs associated with depreciation, depletion and amortization (DD&A).
While the general fund covers most of the operating expenses of the church, a dedicated fund is for a specific item, such as "world missions".
The college has made strategic cuts to operating expenses to address the general economic downturn.
More suggestions(15)
general operating budget
general operating expenses
total operating expenses
general operating hours
general office expenses
general operating characteristics
general life expenses
general operating conditions
general state expenses
general operating funds
general living expenses
general operating costs
general travel expenses
general operating supplies
general operating procedures
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com