The Ballaarat Mechanics Institute

The Ballaarat Mechanics Institute is a medium-scale charity established in 1858. Their main activity is registered as historic preservation primarily serving youth - 15 to under 25 adults - aged 25 to under 65 adults - aged 65 and over people in rural/regional/remote communities females males.

Conducting a lending library, a heritage library, hosting lectures, fundraising events and hiring out the institute to community groups

The Ballaarat Mechanics Institute

Who They Help

  • Youth - 15 to under 25
  • People in rural/regional/remote communities
  • Males
  • Females
  • Adults - aged 65 and over
  • Adults - aged 25 to under 65

Employees

Full-time
0
Part-time
5
Casual
0
Volunteers
120

Total employee expenses: $193,486 (60% of revenue).
Average full-time equivalent salary: $17,670.

Revenue vs Expenses

The Ballaarat Mechanics Institute has seen an average annual decline of -1% in revenue versus a 5% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.

Assets vs Liabilities

As of 2021, The Ballaarat Mechanics Institute has a debt-to-equity (D/E) ratio of 0.03. This is considered safer than average within the charity space.

Sources of Revenue

Sources of Expense

Responsible People

Paula Nicholson
Board Member
Ross Furness
Secretary
Jane Valpied
Board Member
Peter Dowling
Treasurer
Prue Bentley
Board Member
Michael Stephens
Vice-president

Related Entities

Ballarat Mechanics Institute Foundation
The Foundation raises funds to help preserve the fabric and spirit of the Ballarat Mechanics Institute. Arguably the best preserved nineteenth century…

Similar Charities

BALLARAT FOUNDATION TRUST

Ballarat & District Aboriginal Cooperative Ltd
The Ballarat and District Aboriginal Cooperative provided a suite of health and welfare services to members of the Ballarat and District Aboriginal Co…

Ballarat Foundation United Way Inc.
The associations purposes are to relieve the poverty and suffering of people in need in the Ballarat region, by, without limitation: providing access…

St John's Lutheran Church Ballarat
We provide mission, ministry and support to both our members and the wider Ballarat community…

Royal South Street Society
We planned and promoted the 2020 Royal South Street Society Eisteddfod, an annual even that covers 14 theatrical disciplines of voice, music and movem…

ABN
53004034575
Registration Status
Charity is registered.
DGR Status
Endorsed

Donations can be claimed as a tax deduction. (Fund name: BALLARAT MECHANICS INSTITUTE LIBRARY AND BUILDING DEVELOPMENT & RESTORATION FUND).

Office Address
117-119 Sturt St
Ballarat Central
3350
Australia
Operating States
VIC
Entity Type
Australian Public Company

A company is a non-individual client type. Company is defined to include a body corporate and any other unincorporated association or body of persons but does not include a partnership or a non-entity joint venture.

Contacts
[email protected]

Website
Categories
ballarat, vic, Ballarat Central