Science Teachers’ Association of New South Wales Inc.
Providing leadership and promoting excellence in science education
OBJECT 3.2 d. creating and maintaining a governance system
that ensures the Association remains viable and effective
Financial Report for 2017 (abridged version)
Julie Rogers (Treasurer)
I am pleased to present the audited accounts for the 2017 financial year. These accounts indicate that the
Association had a large financial surplus of $186K.This is a direct result of significant CAL income which
was paid to STANSW after extension and long term challenge through CAL with Odlum and Garner. A big
thank you goes to George Pinniger and Maree Woods as well as many previous STANSW councillors for
the support of the process. There were also almost double the participation at our subject conferences
than usual as a result of the new syllabuses and their imminent implementation.
STANSW will need to continue to maintain income from Professional Learning despite ever-increasing
pressure from other providers. In order to maintain these operating surpluses and to improve services to
members, it is important that STANSW broadens its income streams into the future.
Increased revenue from membership is a positive sign, as this continues to increase. For this to be
maintained STANSW needs to continue to provide a value-for-money service to its members.
Membership total income for the 2017 Membership Year was $149,757.67 compared with $118,449.58 in
2016 which was an increase of $31,308.09 or 21%.
Revenue from Young Scientist increased for the 2017 Competition as extra income was obtained to
promote the event from the University of Wollongong. A number of new sponsors included Department of
Primary Industries, Sebel Furniture and ROWE Scientific. See Young Scientist Report for further
information.
In 2017 a permanent part time administration assistant (3 days per week) was employed.
Analysis of STANSW’s operating expenses indicates that STANSW needs to generate in excess of $185
000 each year to cover its operating costs. The Association does not receive any recurrent funding other
than members’ fees, the majority of which is paid to the Australian Science Teachers’ Association (ASTA)
for both a capitation levy and the journal, ‘Teaching Science’, and to produce the STANSW journal. This
leaves very little with which to run the Association when rent, insurance costs, staff salaries and the costs
of running the office are taken into account. As already indicated, the Association is very reliant on
volunteer assistance to provide high-quality professional learning activities, as well as grants awarded for
various projects to generate sufficient funds for the Association to operate effectively.
STANSW office needs to be running as efficiently as possible for its staff and members, so in 2017 we
continue to streamline our database and events management system software called XEN. The company
worked tirelessly with our office staff to build, train and manage this new technology which will have huge
benefits for STANSW members into the future.
Finally, I would like to thank Ms Anne Muggleton who works tirelessly to ensure that the STANSW
accounts are in good order, especially ensuring that all monies owed to the Association are paid promptly
and identifying procedures to improve the efficiency of the Association.
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