ANNUAL REPORT For the year ended 30th June 2014 ORION PURPOSE CUSTOMER EXPERIENCE Provide a superior, entertaining, and educational visitor experience by utilising our knowledge, displays, and interactive experiences to engage our customers. We will make our facility as available as we can to the people of Auckland, constantly working to maintain and develop the facility as a leading Auckland icon.
SUSTAINABILITY Ensure the ongoing sustainability of the organisation.
CULTURE To encourage a culture within the organisation based on a high-degree of ethics. To foster leadership, professional VALUES attitudes and pride amongst the Stardome team, PASSION encouraging creativity, new ideas, and innovation. We are passionate RESEARCH about bringing the Ensure that Stardome continues to be a leader in knowledge of space astronomical research in New Zealand and a valuable into the community. contributor to international astronomical research. The RESPECT Stardome research strategy centres around three key We are considerate elements; facilities, people, and collaboration. and value others.
INTEGRITY We are sincere and act with honesty to others and ourselves.
INCLUSION VISION We work as a team, WE WILL: involving those around • Be the preferred and most trusted resource for us to utilise our strengths. promoting astronomy to the people of New Zealand • Exploit our unique location to make discoveries about INNOVATION the Universe that excites interest in astronomy We seek out new ideas • Inspire youth to value education and pursue careers and concepts. in science.
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 3 SAGITTARIUS MESSAGE I am pleased to share the Stardome Observatory and Planetarium 2014 Annual Report. Inside you’ll read all about the achievements of the team and organisation, made possible in part by support from our stakeholders and supporters. Encouraging a questioning mind, to look up, and embrace learning at any age is at the heart of all Stardome operations. In three years Stardome will celebrate 50 years of showing the stars to explorers young and old. The measure of success for nearly half a century of sharing a love for space can be seen in the continued high attendance of public, and school children. 2013-2014 was a steadying year for Stardome. Visitor figures are lower than the last financial period but still up on the years before. The Visitors Solutions strategic review which was completed last year is setting Stardome in an exciting direction of innovation and the organisation is well positioned for progress. The education programme continues to reach eager learners across Auckland. Over 31,986 students took a trip to space as part of a school excursion. Each Ross Sharp watched a planetarium show, viewed the space gallery and exhibits area and took part in a space lesson. We are proud of this achievement and look forward to continued growth in this area. We would like to thank our key stakeholders and To confine champions. It is with their ongoing support that our attention Stardome is able to show Aucklanders the stars. The relationships with stakeholders continues to strengthen, to terrestrial and we would like to extend our sincere thanks to the Auckland Council, Regional Amenities Funding Board, matters Regional Facilities Auckland and the Tamaki Collective. would be On behalf of the board I would also like to thank the staff and volunteers of Stardome. The level of dedication to limit the and enthusiasm for sharing astronomy with the public human spirit. deserves recognition. It is this spirit for sharing that will continue to drive Stardome forward. STEPHEN HAWKING Ross Sharp, Chairperson
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 5 REPORT
The 2013/2014 FINANCIAL year has been a As can be seen from the enclosed statement of financial very busy period performance for the twelve months to 30 June 2014 Stardome achieved a net surplus of $201,752. for Stardome However, it must be borne in mind that this financial staff, volunteers statement has been prepared in accordance with current and management accounting standards which require that special purpose and I would like capital grants of $480,973 be recorded as revenue. to comment From an operating point of view, and excluding these on a number of capital grants and before depreciation Stardome achieved an operating surplus of $64,304 which approximately important areas. equates to our operating cash surplus for the year. Most of the income and expense items are generally in line with the previous. However, it should be noted that the drop in entrance fees was due to the 2013 figure being inflated by the revenue from War of the Worlds, as referred to below.
VISITOR NUMBERS Although paying visitor numbers were slightly down on the previous year for a number of reasons outlined below, total visitors to the facility as recorded by our Reveal visitor counting system and after adjustment for staff movements exceeded 135,000 an incredible number for such a small facility. As noted above, our paying visitors in 2014 were down on the previous year for the following reasons. • In 2013 we held a very successful ‘one-off’ show, War of the Worlds, which attracted more than 3,500 visitors • In 2013 there were more astronomical events than in 2014 • The planetarium was closed for almost two weeks to allow for the upgrade project referred to below.
PLANETARIUM UPGRADE Funded by charitable donations from Sir Po-Shing Woo and Regional Facilities Auckland we undertook a number of capital projects during the year including upgrading our planetarium operation system from the Evans and Sutherland D4 system to the state of the art Digistar D5 system, replacing the block assemblies on our Sony projectors, purchasing new seat bases and backs for the planetarium seats and painting the exterior of the building. At the same time as the planetarium upgrade, and funded by a grant from Meridian Energy we took the opportunity to install lasers and other special lighting effects in the planetarium to enhance our very popular rock music shows.
EDUCATION During the 2013-2014 year our education programs continued to be very popular with school groups. During the year we had a total of 31,986 children from schools and kindergartens attend our education program. David Houldsworth In particular our lower decile school and Southern Initiative programs proved to be very successful with over 11,000 children attending our low decile scheme and 2,904 children attending our Southern Initiative scheme over the past twelve months. Equipped We have continued to build our physical and online education resources during the year to give teachers with his five a greater opportunity for pre and post visit astronomy senses, man education. explores CONCLUSION the universe In conclusion I would like to thank the entire management team, our staff, and volunteers for their hard work and around him support during the year. and calls the I would also like to thank the members of our volunteer trust board for their continued guidance over the past adventure twelve months and in particular, and on behalf of all Science. the staff at Stardome, I would like to acknowledge the substantial contribution of our chair Ross Sharp, who is stepping down after three years. EDWIN POWELL HUBBLE David Houldsworth, CEO
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 7 highlights Over 135,000 visitors in the 2013-2014 period 73,610 paying visitors 2,904 children low decile visiting through the school Southern Initiative Scheme visitors: 11,208
PRE-SCHOOL KIDS VISITED STARDOME:3,302
28,684 OVER 6,500 STUDENTS SCHOOL VISITED STARDOME FOR A HOLIDAY 492,707 SCHOOL TRIP WEBSITE VIEWS PAGE VISITORS 4.5 trip advisor rating
revenue generated Over $66,000 from venue hire CONTROL VISITS As highlighted above, Stardome had over 135,000 visitors and 73,610 paying visitors during the year. This year, a more considered approach was taken towards open days with a view to giving customers a fuller experience. Previous open days at Stardome have been accompanied by long lines and a short time in the building. Auckland Anniversary Day and Children’s Day in 2014 were lower in visitation but both days, particularly Children’s Day had a more relaxed feel and customers spent more time at Stardome. Visitors enjoyed more onsite activities with a bouncy castle, Science in a Van and a candy floss stand. Going forward, Stardome intends to increase the number of open days back to four per year but with the same approach of offering a full experience at Stardome with interactive activities.
ATTENDANCE
90,000
80,000 80,240
70,000 71,750 73,610 66,704 60,000
50,000
40,000
30,000
20,000
10,000
0 2011 2012 2013 2014 In order Total Attendance to make an Note: (1) The Planetarium was closed for two weeks during apple pie 2013/2014 while the upgrade to the Planetarium Operating from scratch System occurred. (2) Total attendance in 2013 was boosted by more than you must first 3,500 visitors at the one off War of the Worlds show create the and by a number of special astronomical events. (3) Total visitors are estimated to be in excess of 135,000. Our universe. newly installed Reveal visitor counting system recorded 148,000 “entries” which equates to in excess of 135,000 CARL SAGAN visitors when the total is adjusted for staff movements.
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 9 My group watched REGIONAL REACH a show called ‘Two We are pleased to see an increase in the Manukau and Pieces of Glass’ about Papakura regions, and attribute part of this to the low decile scheme, open days and the increased marketing presence the history of the around the region. telescope and how far South Auckland has been a particular focus for us, and it has developed with our Southern Initiative Scheme has resulted in a significant todays technology. It increase in visitation from South Auckland. 40% also taught us about KEY: 2012 2013 2014 the discoveries that 35% telescopes have 30% helped with. We then 25% went and listened 20% to a talk about how 15% much fuel and speed 10% space shuttles need 5% to get up into outer 0% space! Students Rodney Franklin Waitakere Manuakau Papakura Overseas in my group were North Shore Auckland City New Zealand especially amazed to see a video by Chris Hadfield about how EDUCATION astronauts brush Stardome’s LEOTC contract was extended in 2013 and their teeth in space! remains in place. With over 28,684 visits from school children, Stardome is able to continue to offer a school trip to space at $5 per child. MISS WELLS, As highlighted Stardome was visited by 11,208 students SCIENCE TEACHER, from low decile schools and 2,904 children came to HOWICK INTERMEDIATE Stardome as part of the Southern Initiative Scheme. We are very proud of these figures and will continue to make Stardome available to all Aucklanders, giving young people the chance to experience astronomy-based learning outside the classroom. I learnt that three Over 166 schools visited Stardome from across Auckland and beyond. In this period Stardome noticed a change in planets are made out the geographic reach, with high numbers from the West and of gas and acid. It will South Auckland. crunch you if you go This year Stardome sent out 34,500 Matariki booklets. This in too close. is the second year of this initiative and the reach expanded to include primary schools from all Auckland regions. The booklet was also made available for schools as a PDF, MAVERICK, so that it could be printed at school for distribution. The TE KOWHAI SCHOOL, feedback from this outreach is overwhelmingly positive and HAMILTON (YEAR 4) Stardome will continue to build on this education material and reach out further to other school levels and regions. SOUTHERN CROSS
STARDOME LOW DECILE SUBSIDY SCHEME The Stardome Low Decile Subsidy Scheme continues to thrive, and the 2013/2014 year has exceeded previous years with 11,208 students attending the program.
YEAR ATTENDANCE 2010/2011 4,304
2011/2012 6,581
2012/2013 9,243
2013/2014 11,208
Feedback from attendees has been extremely positive, and for many schools this is their only learning experience outside the classroom for the year. There has been a drop in attendance from schools in Decile 4-7. This continues to be a concern, and is an area of focus for education operations going forward. Feedback from teachers from this Decile range is that the cost of transport is inhibitive.
16,000 KEY: 1–3 4–7 8–10 14,000
12,000
10,000
8,000
6,000
4,000
2,000
0 2010/2011 2011/2012 2012/2013 2013/2014
STARDOME SOUTHERN INITIATIVE SCHEME Our first year of this scheme has been hugely successful with 2,904 at needs youth attending a Stardome education session, compared with a budgeted 2,000 for the year. We now have a waiting list for this program which highlights the need for such support in South Auckland.
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 11 SCORPIUS
CUSTOMER SATISFACTION Stardome has two customer satisfaction measurement systems to reflect our different businesses – Education and Public Shows.
PUBLIC VISITORS Our public visitors are monitored via an on site kiosk which asks a number of questions including geographic region, age and satisfaction rating. This kiosk is situated by our front door and is available to all visitors. Our analysis of the data over the past year shows an 89% satisfied or better rating.
EDUCATION As part of Stardome’s customer focused approach all schools are given an evaluation form to complete after their visit. This consists of eight detailed questions about their experience I learnt a at Stardome. The results of their feedback are monitored by the Management team on a monthly basis and are valued lot of things. opportunities to build on the education offering.
I learnt that 50% 47% you’re not 45% 40% allowed to 35% land your 30% 30% 25% 21% Spaceship 20% 15% on gas giants. 10%
5% 2% 0% 0% AVA, Excellent Above Average Average Needs Poor Improving TE KOWHAI SCHOOL, HAMILTON (YEAR 4) The combined overall rating from public and education feedback is 93%. PLANETARIUM SHOW
EXPERIENCE Project management of the Strategic Review has THE begun and Stardome is working with external consultants to achieve this vision. NIGHT SKY Our most popular show continues to be the Night Sky show and Pink Floyd Music and Laser Lights Double Feature. The seasonal Night Sky shows saw an 8% increase in attendance on the previous year. Valentines Night at Stardome was a resounding Recline in the planetarium and learn success with four sold out shows. The evening about the planets, stars and constellations 8PM WEDNESDAY visible right now above Auckland. included wine, delicious food and a romantic gift TO SUNDAY $10 $8 box with a bottle of wine, wine glasses and an Adult Child TO BOOK CALL 09 624 1246 / stardome.org.nz Adopt a Star. The 2013-2014 period saw a range of new PLANETARIUM planetarium shows added to the Stardome library. Two films were purchased from the American Natural History Museum, Passport to the Universe and Dark Universe. Back to the Moon for Good, To Space and Back, Dinosaurs at LIGHT SHOW Dusk and the Christmas themed Let it Snow were U2 also acquired, refreshing our schedule of shows. Led Zeppelin Pink Floyd
or Rock on Demand your own “Jukebox” selection of music PASSPORT Hold on to your seats TO THE as you experience surround-sound, lights, lasers and motion in the Planetarium, all to the soundtracks UNIVERSE of your favourite rock bands. Book now at www.stardome.org.nz / 09 624 1246
PLANETARIUM SHOW Celebrate the pivotal discoveries that have led astronomers to confront two great cosmic mysteries: dark matter and dark energy. Featuring Neil deGrasse Tyson from ‘Cosmos’.
CHECK OUR $10 WEBSITE FOR PLEASE CHECK OUR SHOW DATES WEBSITE FOR AND TIMES SHOW DATES Adults AND TIMES $10 $8 and GIVE YOUR PARTNER THE STARS THIS ADULT CHILD 8+ yrs BOOKINGS ESSENTIAL: STARDOME.ORG.NZ / 09 624 1246 BOOKINGS ESSENTIAL: STARDOME.ORG.NZ / 09 624 1246 VALENTINE’S DAY
Includes: Two tickets to a romantic planetarium show, an adopt a star ($60 value), Planetarium Music, Laser & a bottle of bubbles to share, Light Show two champagne flutes, FRIDAY chocolate hearts, nibbles on arrival. 14th 18+ FEBRUARY event SESSIONS AT: 7PM, 8 PM, 9 PM & 10PM $140 per couple
Book now at www.stardome.org.nz / 09 624 1246
PLEASE $10 $8 $30 CHECK OUR ADULT CHILD FAMILY WEBSITE FOR SHOW DATES Family AND TIMES $10 $8 viewing Christmas music, lights and lasers. ADULT CHILD 6+ yrs Fun for the whole family! BOOKINGS ESSENTIAL: STARDOME.ORG.NZ / 09 624 1246 Book now at www.stardome.org.nz / 09 624 1246
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 13 RESOURCE
MANAGEMENT TEAM THE TEAM AT STARDOME • CEO The small, but highly committed team is Stardome’s best David Houldsworth resource. Our team of professional and amateur astronomers, • Finance and presenters, educators, office and management team directly Operations Manager contribute to the success of the organisation. Melissa Glew The education team received presentation training earlier this year from Six Degrees, business development specialists. • Public Programmes This training focused on creating powerful presentations Manager by using voice modulation, eye contact and understanding Jill Jessop different styles of communications. • Chief Technology Officer The management team also engaged in communication Colin James training in the year. • Marketing Manager This year we welcomed Vanessa Rancour and John Rowe to Delyse Diack the education team. David Britten and Tim Jessop continue to add value in their educator roles. Sadly we said farewell to Beth van der Loeff who has returned to her passion of classroom teaching. We also said goodbye to Jo Creagh Marketing Manager who has relocated out of Auckland. Delyse Diack has taken up the challenge of Marketing Manager and is well supported by Jasmine McConnachie (Events Co-Ordinator) and Mary Ebbett (Graphic Designer). Emma Armitage and Wendy Kearns both worked at Stardome throughout their college years, and into university. They have been the smiling faces that have greeted visitors to the observatory for over seven years. Both now have full time work in their chosen fields, and will be sadly missed. Special recognition must be given to two members of the management team. Jill Jessop, the Public Programmes Manager, has been at the observatory for 18 years and has made an invaluable contribution to the team. Jill has worked tirelessly to provide a seamless service to our customers, and
Aditi Kumar McConnachie Margaret Biswas Tim Jessop Andrea Furch Jill Bourke Mary Ebbett Tobias Raabe Brooke Anderson John Rowe Melanie Pohl Tom List
STAFF David Britten John Steemson Petra Tang Tyler Boyd Dylan Storey Kevin Ng Pooja Sundar Vanessa Rancour Eleanor Kearns Kirsty Donovan Sacha McConnachie Jasmine Maanya Tandon Samantha Zhang leadership to the Stardome presenting and volunteer team. As a demonstration of Back row, left to right: Geoff Mason, Kevin Murphy, Jeanette Paine, Andrew Buckingham, her commitment to sharing Bill Thomas, Richard Northey. Front row, left to right: Ian Malcolm, Ross Sharp, David Houldsworth. Absent: David Hosking, Margaret Arthur. astronomy knowledge, Jill is an Education Advisor to the Digital Users Group and recently joined the IPS Education BOARD MEMBERS Committee. Her passion for astronomy, operational expertise, • Chairperson and customer focus is highly valued. Ross Sharp Colin James, our Chief Technology Officer has been with • Treasurer Stardome for 17 years. Colin provides invaluable technical Ian Malcolm support to Stardome, ensuring that technology and software • Trustees upgrades are implemented without issue, and providing Margaret Arthur top-level IT guidance for Stardome operations. Colin is also a David Hosking Stardome presenter and over the years, has been instrumental Jeanette Paine in training presenters in operating the Digistar system. Colin Richard Northey is President of the Digital Users Group, an international Andrew Buckingham forum for knowledge exchange regarding the Digistar digital Geoff Mason planetarium system. As the Chief Technology Officer he Bill Thomas oversees all technology at Stardome, his biggest project this • Honorary Secretary year being the technology upgrade. This was completed Kevin Murphy without issue or delay, a testament to Colin’s management skills and knowledge. Stardome would also like to mention Jasmine McConnachie, the Stardome events coordinator. Jasmine celebrated 10 years at Stardome this year. She is a valued member of the team and with the Stardome team, has built the events function of Stardome to be a highly successful venture.
Stardome Observatory and Planetarium Board and management team would like to thank and recognise the contribution of the valued Stardome team and volunteers.
Alaric Southern Christopher Christian Jason Wells-Lakeland Patrick Sharp Alex Zharkov Chris Hollis John Rowe Paul Jones Andrew Buckingham Danut Lonescu Jonathan Lewis Paul Ketko Arthur Gay Derick Galea Max Arshavsky Paul Taylor Ayushi Kachhara Emily Parkin Oana Jones Phil Foster Bill Goldstone Glenn Smith Oliver Sanders Tony Messanger Bill Thomas Haydn Ngan Oluka Dushyantha Brett Clark Janidhu Somathilaka Oreste Pinto VOLUNTEERS
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 15 CANIS MAJOR
Stardome’s vision is to demonstrate considered sustainability practices by: • Strengthening relationships with funders • Ensuring the Education program is of a standard that will continue to attract LEOTC funding. • Increase revenue through increased attendance at public and education programs. • Ensuring sustainability and renewal of technology and displays. • Seek out new customer groups and new revenue sources to grow the business. • Develop closer working relationships with local Iwi.
With a holistic sustainability approach, Stardome is committed to celebrating the customer and creating a customer focused environment. We will seek out opportunities for sponsorship that will enhance the Stardome experience and be aware that the environment (both on Earth and in Space) is special and deserves care and attention.
Somewhere, Stardome’s commitment to being a green organisation something continues. Where possible, all office and event rubbish is recycled. Recently Stardome switched providers to use incredible is environmentally friendly paper and cleaning products. waiting to The unique Stardome building layout continues to challenge operations. This year Stardome initiated plans to create be known. storage space, freeing up room for additional displays. Work on the Sun Room was finished, protecting it against CARL SAGAN damp and the external environment and improvement has been noticed in these areas. Stardome continues to be called upon for comment on astronomical events. Highlights from 2013-2014 include: • Full page article in NZ Herald regarding the lunar eclipse (31 March 2014) • Breakfast, Firstline and Seven Sharp coverage of the lunar eclipse (14/15 April 2014) • Matariki coverage on Breakfast, One News, Maori television and What Now on Matariki • Coverage in NZ Herald and Good Morning on the new planet discovered (4 July 2014) • 20/20 Mars adventure at Stardome. (7 August 2014) • The Moe Show at Stardome (24 September 2014)
The Planetarium industry is constantly evolving; new technologies are being developed to take audiences on more wondrous journeys, and providing presenters with the tools to develop rich stories and educational experiences. During October 2013, Stardome closed its doors to the public for ten days and begun the process of upgrading its systems and installing new features to enhance the overall audience experience. A key element within the planetarium is the two large Sony SRX-105 (SXRD) projectors. These ultra-high-resolution projectors were installed during the initial digital upgrade and had been running without a glitch for around 13,000 hours, so they were in need of an overhaul to continue to operate into the future. The core component to the planetarium is the Evans and Sutherland Digistar software and hardware, which provides all the astronomical content, and allows for the playback of full dome show content. With the release of Digistar 5 and its powerful new astronomical features, Stardome was in need of not only a software upgrade, but a full hardware replacement to be able fully realise the capability of this new system. By replacing the planetarium hardware Stardome has gained the ability to further enhance the audience experience through future software releases and the new features they may bring. At the same time the planetarium projectors were refurbished and new laser and lighting effects were installed to enhance the popular music shows. The upgrade has given Stardome the capability to educate, entertain, and inspire audiences for years to come.
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 17 Stardome’s research programme is led by Honorary Astronomer Dr Grant Christie MNZM, supported by Tim Natusch and Haydn Ngan. Our key international collaborations have continued with MicroFUN and the IAU Minor Planets Center, both now extending over 10 years. MicroFUN (Microlensing Follow-up Network) is an international collaboration of scientists that discovers planets orbiting distant stars. It has made a significant contribution to estimating the number of planets in our galaxy. • Our research programme continues to produce excellent science outcomes. We have published seven papers in major international peer-reviewed journals reporting discoveries that engage and excite the wider public. • We were delighted to have a second paper published by the prestigious journal Science. This reported the first discovery of an Earth-like planet orbiting within a binary star system and resulted in a high level of national media exposure. • Stardome has now contributed to the discovery of over 25 planets around other stars, including a planetary system that is still the closest match yet to our own solar system. • Stardome’s research telescope has been upgraded with a new high-technology mounting that allows a high level of robotic operation. The nitrogen in our DNA, the calcium in our teeth, the iron in our blood, The Auckland Astronomical Society membership continues the carbon to show a steady increase in members, with 604 members reported at the beginning of September 2014. in our apple Over the year ending June 2014 there were 2,968 society pies were member visits to Stardome for AAS organised events. Dr Grant Christie stood down from the role of society made in the president after six years of service and Bill Thomas was elected President. The following officers were elected: interiors of President: Bill Thomas Curator: Graham Beazley collapsing Vice President: Grant Christie Councillors: Bernie Bremner, Secretary: Gavin Logan David Britten, Oana Jones, stars. We Treasurer: Andrew Buckingham Steve Hennerley and are made of Librarian: Jerina Grewar Johnathan Green Editor: Clive Bolt starstuff. The relationship between the AAS and Stardome is highly valued by Stardome and the organisation looks forward to CARL SAGAN many more years of working together to bring astronomy to the Auckland public. in appreciationTHANKS TO OUR SPONSORS
• Auckland Council • Sir Po-Shing Woo • Meridian Energy • Giesen Wines • Regional Facilities Auckland • The Lion Foundation • ASB Community Trust • Sir John Logan Campbell Residuary Estate • Four Winds Foundation • Oxford Sports Trust • Sky City • Todd Foundation • Edith Winstone- Blackwell • The Pub Charity • The Lottery Grants Board
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 19
FINANCIAL STATEMENTS For the year ended 30th June 2014
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 23 AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Statement of Financial Performance For the twelve months ended 30th June 2014
Note 30 June 2014 30 June 2013 $ $ REVENUE Educational Income 301,774 294,208 Entrance Fees 280,220 378,049 Interest Received 23,829 32,382 Special Purpose Capital Grants Received 9 480,973 103,256 Other Grants Received 9 23,220 70,172 Operational Grants 9 1,119,000 1,020,000 Shop Income 139,478 133,257 Event Hire Income 66,341 50,273 Donations & Adopt A Star 44,301 42,692 Pro Bono Audit Donation 3 12,000 12,000 Total Revenue 2,491,136 2,136,289
LESS EXPENSES Communication & Computer Expenses 67,211 81,524 Development Expenses 85,237 180,042 Consulting Expenses 89,006 14,264 Interest 88,985 89,263 General Administration Expenses 16,349 16,758 Maintenance 171,505 220,740 Promotion 347,198 336,958 Shows/Displays 121,344 212,454 Wages & Salaries 905,250 837,306 Utilities, Rates And Insurance 41,771 42,823 Depreciation As Per Schedule 2 343,528 430,398 Asset Impairment 10 - 367,563 Audit Fees 3 12,000 12,000 Total Expenses 2,289,384 2,842,093
NET (DEFICIT)/SURPLUS 201,752 (705,804)
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Statement of Movement in Trust Funds For the twelve months ended 30th June 2014
30 June 2014 30 June 2013 $ $ TRUST FUNDS AT START OF PERIOD 900,655 1,606,459
SURPLUS AND REVALUATIONS Net (Deficit)/Surplus for the year 201,752 (705,804) Total Recognized Revenues & Expenses for the period 201,752 (705,804)
TRUST FUNDS AT END OF PERIOD 1,102,407 900,655
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements.
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 25 AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Statement of Financial Position For the twelve months ended 30th June 2014
Note 30 June 2014 30 June 2013 $ $ TRUST FUNDS Retained Earnings 1,102,407 900,655
Total Trust Funds 1,102,407 900,655
Represented By: CURRENT ASSETS Cash At Bank 426,908 523,386
Committed Funds 315,324 305,658
Cash Register Funds 503 -
GST Refund Due 10,511 8,543
Accounts Receivable & Prepayments 65,249 61,473
Inventories - Good Held For Re-Sale 41,730 30,357
Total Current Assets 860,225 929,417
NON CURRENT ASSETS Property, Plant & Equipment 11 2,489,630 2,381,356
Total Non-Current Assets 2,489,630 2,381,356
TOTAL ASSETS 3,349,855 3,310,773
CURRENT LIABILITIES Accounts Payable & Accruals 203,405 337,739
Regional Facilities Auckland Loan 7 33,333 25,000
Unexpended Special Funds 9 85,426 88,762
Total Current Liabilities 322,164 451,501
NON CURRENT LIABILITIES Regional Facilities Auckland Loan 7 1,925,284 1,958,617
Total Non-Current Liabilities 1,925,284 1,958,617
TOTAL LIABILITIES 2,247,448 2,410,118
NET ASSETS 1,102,407 900,655
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
1. STATEMENT OF ACCOUNTING POLICIES (a) Entity Auckland Observatory and Planetarium Trust Board is incorporated under the provisions of the Charitable Trusts Act 1957.These Financial Statements have been prepared in accordance with generally accepted accounting practice. (b) Measurement Base The financial statements have been prepared on a historical cost basis modified by the revaluation of certain assets as identified in the specific accounting policies. The Trust has chosen not to adopt the New Zealand Equivalents to International Financial Reporting Standards (“NZ IFRS”). The decision not to adopt is consistent with exemption provided by External Reporting Board (“XRB”) A1. XRB A1 provides a choice to certain qualifying entities to either adopt NZ IFRS or to continue to apply New Zealand Financial Reporting Standards (“NZ FRS”). The Trust is a qualifying entity on the basis that it is not considered large (less than $20m revenue and $10m total assets). The External Reporting Board (XRB) has introduced a revised Accounting Standards Framework for reporting entities in New Zealand. The revised Framework is based on a multi-sector, multi-tiered reporting approach and is being rolled-out progressively during the next three financial years. The revised framework will see the introduction of accounting standards for Public Benefit Entities (PBEs) based on International Public Sector Accounting Standards (IPSAS) that have been modified, as appropriate, for New Zealand circumstances. The Financial Reporting Act 2013 (FRA 2013) applies to any reporting period beginning on or after 1 April 2014 and it brings the revised Accounting Standards Framework into law. Under the revised Framework the trustees have assessed Auckland Observatory and Planetarium Trust Board will be a not-for-profit public benefit entity reporting under Tier 2 Not-for-profit PBE Accounting Standards, as they are not publicly accountable and not large. At the time of authorising these financial statements for issue, a full assessment of the impact of the change from NZ FRS to PBE IPSAS standard has not yet been undertaken. (c) Changes in Accounting Policies There have been no changes in accounting policies. All policies have been applied on a basis consistent with those used in previous years. The following specific accounting policies which materially affect the measurement of financial performance and position have been applied: (d) Differential Reporting The entity qualifies for differential reporting as it is not publicly owned and it is not large. The Trust has taken advantage of all available differential reporting exemptions other than FRS19: Accounting for Goods and Services Tax. (e) Property, Plant and Equipment Property, Plant & Equipment - During the year ended 31 December 2004 the decision was made to cease revaluing Property, Plant & Equipment and adopt historical cost. Properties, Plant & Equipment are stated at cost less aggregated depreciation. Buildings & Domes 2.0% - 48.0% SL Fixed Astronomical Equipment 5.5% - 12.5% SL Telescope & Accessories 5.5% - 6.0% SL Planetarium Equipment 12.5% - 48.0% SL Furniture, Library & Office Equipment 5.5% - 50.0% SL Projection / Sound & Display System 12.5% - 36.0% SL Computers & Research Equipment 28.8% - 48.0% SL Displays/ Exhibits 12.5% - 30.0% SL Upgrade Project 2.0% - 30.0% SL
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements.
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 27 AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
(f) Foreign Currencies Transactions denominated in foreign currencies are converted at the exchange rate current at the transaction date. Foreign currency receivables and payables are converted at exchange rates current at balance date. Foreign exchange gains or losses are included as income or expenses respectively in the Statement of Financial Performance. (g) Goods & Services Tax The Statement of Financial Performance has been prepared on a GST exclusive basis. All items in the Statement of Financial Position are stated net of GST, with the exception of Accounts Receivables and Payables. (h) Inventories Inventories are recorded at the lower of cost, and net realisable value. This is determined on a first in first out basis. (i) Revenue Recognition Policy In respect of grant and donation income, donations made by visitors are classified under general income and recognised on receipt. Donations and grants for specific projects are taken as income in the accounting period that the project occurs. Grants unexpended at balance date are shown as Unexpended Special Funds in the Statement of Financial Position. (j) Receivables Receivables are stated at their estimated realisable value. Bad debts are written off in the year in which they are identified. (k) Prior period comparatives Certain prior period comparatives have been reclassified to conform with current year classification.
2. DEPRECIATION EXPENSE
30 June 2014 30 June 2013 $ $ Building & Dome 48,353 45,662
Fixed Astronomical Equipment 12,730 12,372
Telescopes 2,583 2,281
Furniture, Library and Office Equipment 6,300 9,161
Planetarium Equipment 54,599 774
Projection/Sound System & Display Units 10,713 24
Computers, Peripherals, Research 22,078 17,343
Display Exhibits 4,739 4,661
Upgrade Project 181,433 338,120 343,528 430,398
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
3. AUDIT FEES The audit has been performed by Grant Thornton on a pro bono basis. Fees paid during the year: Nil (2013: Nil). 4. CAPITAL COMMITMENTS At reporting date the Trust Board had committed to the completion of the Sundial Project at a cost of $5,000. (2013: $5,020). The Trust Board have committed to an upgrade of the Planetarium technology with a NZD cost of $Nil. (2013: $280,000).
5. CONTINGENT LIABILITIES At reporting date there are no known contingent liabilities. (2013: Nil).
6. DERIVATIVES The trust has entered into forward exchange contracts to fund the Planetarium upgrade which will be invoiced in US dollars. FX Contracts totalling USD $Nil (2013: $195,000) are in place, and the mark to market value of these contracts at reporting date is a loss of NZD $Nil (2013: $6,800).
7. TERM LOANS As part of the funding of Auckland Observatory and Planetarium redevelopment the Board obtained a loan of $1,000,000 from Auckland City. An additional $865,000 was provided by Auckland City to complete the upgrade. As part of the restructure of the governance of the Auckland region the Auckland Council assigned these loans to Regional Facilities Auckland. Repayment of these loans at a rate of $33,333.33 per annum commenced from October 2013. The interest rate on these loans is 4.5% and the final maturity of these loans is 1 July 2025. The fair value of these loans has not been disclosed as the Trustees consider that it is not practicable to estimate that value within an acceptable level of reliability within the restraints of timeliness and cost.
8. PRINCIPAL ACTIVITY The principal activity of the business is research, education and entertainment services in the science of Astronomy from its premises located in One Tree Hill, Domain, Auckland.
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements.
STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 29 AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
9. GRANTS
Unrecognised Recognised Closing Grant Grants Received From Purposes New Grant @ 01.07.2013 2013/2014 30.06.2014
2014 COUNCIL OPERATIONAL GRANTS
Regional Amenities Funding Operational Funding 2013/2014 - 1,119,000 1,119,000 -
- 1,119,000 1,119,000 -
2014 OPERATIONAL GRANTS
Auckland City Council Education Program materials 800 - 800 -
Sir Po Shing Woo Painting of building exterior - 22,420 22,420
800 22,420 23,220 -
2014 SPECIAL PURPOSE GRANTS
Lion Foundation Upgrade to Sunroom - 10,000 - 10,000
Regional Facilities Auckland Special projects - 213,477 213,477 -
Sir Po Shing Woo Grant Special projects - 191,830 191,830 -
Pub Charity Sundial Exhibit 5,020 - 5,020 -
Meridian Energy Grant as per agreement - 20,000 20,000 -
The Edith Winstone Blackwell Grant for Telescope 55,658 9,666 17,182 48,142 Foundation Trust
The Edith Winstone Blackwell 50th Commemorative Book 15,000 - - 15,000 Foundation Trust
Meridian Energy Monthly power offset grant - 33,464 33,464 -
Turner Construction Grant Grant for earthworks on sundial 3,000 - - 3,000
ASB Charitable Trust Te Reo translation 9,284 - - 9,284
87,962 478,436 480,973 85,426
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
Unrecognised Recognised Closing grant Grants received from Purposes New grant @01.07.2012 2012/2013 30.06.2013
2013 COUNCIL OPERATIONAL GRANTS
Regional Amenities Funding Operational Funding 2013/2013 - 1,020,000 1,020,000 -
- 1,020,000 1,020,000 -
2013 OPERATIONAL GRANTS
Auckland City Council Education Program materials 800 - - 800
Regional Facilities Auckland Roof repairs grant - 54,972 54,972 -
COGS-Waitakere Electricity - 2,650 2,650 -
Todd Foundation Curious Classrooms - 2,550 2,550 -
NZ Lotteries Low Decile School Subsidisation - 10,000 10,000 -
800 70,172 70,172 800
2013 SPECIAL PURPOSE GRANTS
Pub Charity Sundial Exhibit 14,020 - 9,000 5,020
ASB Community Trust ipad Grant - 23,326 23,326 -
The Edith Winstone Blackwell Grant for Telescope 44,578 11,080 - 55,658 Foundation Trust
The Edith Winstone Blackwell 50th Commemorative Book 15,000 - - 15,000 Foundation Trust
Infinity Foundation Trolleys for ipads - 5,760 5,760 -
Meridian WOTW Sponsorship - 10,000 10,000 -
Bounce WOTW Sponsorship - 296 296 -
Meridian Energy Monthly power offset grant - 42,474 42,474 -
Turner Construction Grant Grant for earthworks on sundial - 3,000 - 3,000
ASB Charitable Trust Te Reo translation 21,684 - 12,400 9,284
95,282 95,936 103,256 87,962
Grants Recognised Represented by: 2014 2013 $ $ Operational Grants 1,119,000 1,020,000 Other Grants Received 23,220 70,172 Special Purpose Grants 480,973 103,256 1,623,193 1,193,428
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 31 AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
10. ASSET IMPAIRMENT There were no impairment losses for assets as at 30 June 2014. (2013: An impairment loss of $367,563 was incurred in respect of the multimedia upgrade).
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
11. PROPERTY PLANT & EQUIPMENT & CAPITAL EXPENDITURE
2013 Additions Disposals Impairment 2014 $ $ BUILDING AND DOME 2,065,102 Original Cost / Valuation 23,725 -- 2,088,827 (640,900) Accumulated Depreciation (689,252) 1,424,202 Book Value as at 30 June 2014 1,399,575
FIXED ASTRONOMICAL EQUIPMENT 224,950 Original Cost / Valuation 17,182 -- 242,132 (187,907) Accumulated Depreciation (200,637) 37,043 Book Value as at 30 June 2014 41,495
TELESCOPE AND ACCESSORIES 49,105 Original Cost / Valuation - - - 49,105 (19,764) Accumulated Depreciation (22,346) 29,341 Book Value as at 30 June 2014 26,759
PLANETARIUM EQUIPMENT 715,282 Original Cost / Valuation 342,380 -- 1,057,662 (714,725) Accumulated Depreciation (769,324) 557 Book Value as at 30 June 2014 288,338
FURNITURE, LIBRARY AND OFFICE EQUIPMENT 237,230 Original Cost / Valuation 11,702 -- 248,932 (218,292) Accumulated Depreciation (224,590) 18,938 Book Value as at 30 June 2014 24,342
PROJECTION/SOUND SYSTEM AND DISPLAY UNITS 169,510 Original Cost / Valuation 40,269 -- 209,779 (169,486) Accumulated Depreciation (180,200) 24 Book Value as at 30 June 2014 29,579
COMPUTERS AND RESEARCH EQUIPMENT 166,324 Original Cost / Valuation 13,544 -- 179,868 (122,190) Accumulated Depreciation (144,268) 44,134 Book Value as at 30 June 2014 35,600
DISPLAYS/EXHIBITS 163,288 Original Cost / Valuation 3,000 -- 166,288 (147,380) Accumulated Depreciation (152,122) 15,908 Book Value as at 30 June 2014 14,166
UPGRADE PROJECT 2008 2,356,348 Original Cost / Valuation - - - 2,356,348 (1,545,139) Accumulated Depreciation (1,726,572) 811,209 Book Value as at 30 June 2014 629,776
6,147,139 Total Cost / Valuation 451,802 -- 6,598,941 (3,765,783) Less Accumulated Depreciation (4,109,311)
2,381,356 Total 451,802 - - 2,489,630
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 33 AUCKLAND OBSERVATORY AND PLANETARIUM TRUST BOARD Notes to Financial Statements For the year ended 30th June 2014
12. OPERATING LEASE COMMITMENTS Commitments under non-cancellable operating leases:
2014 Less than 1 year 4,440
Between 1-5 years 12,025 16,465
13. RELATED PARTY TRANSACTIONS No material related party transactions took place during the year (2013: nil). The Trustees do not receive remuneration for services provided.
The attached notes form part of and are to be read in conjunction with the financial statements. The Board of Trustees authorize the issue of these financial statements. STARDOME OBSERVATORY AND PLANETARIUM ANNUAL REPORT 2014 35 STARDOME.ORG.NZ