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Adelaide Festival Corporation (AFC)

Financial statistics
Net cost of providing services: $7.4 million
Total revenue from SA Government: $8.4 million
   
Number of FTEs: 19.4*
  • Base level of staff as at 30 June 2016 as the AFC is only in the preparatory stage for the 2017 Adelaide Festival of Arts.

The following information about the Adelaide Festival of Arts was provided by the AFC and is unaudited.

  2016 2015
  Number Number
Events 22 28
Performances 70 97
Tickets sold 62 383 29 692

Significant events and transactions

The À Fleur de Peau performance on 27 February 2016 was the largest ticketed event in the festival's history.


Financial statement opinion
Unmodified

Financial controls opinion
Modified
Key issues:
  • Bank account reconciliations not always regularly performed and independently reviewed
  • Absence of current employment contracts for some staff