Financial statement -

Beautiful Yemen project as per 3-10-2016

Please read the letter on the financial statement drafted by La Segreteria Istituto Veneto per I Beni Culturali.

Period 24-11-2015 till 29-9-2016

	Income
Date	Donor	Amount in Euros
7-2-2016	The Embassy of the Kingdom of The Netherlands to the Republic of Yemen	10.000,–
14-11-2015 to 29-9-2016	Various private persons	2.670,80
24-11-2015	ZakeninZicht	664,29
		13.335,09

		Expenditure
Budget item	Activities	Budget	Spent	Variation
	Travel costs to Venice of the coordinator BYT[1] (3 trips)		554,76
	Hotel, food etc.in Venice of the coordinator BYT (3 trips)		956,38
	Office costs coordinator BYT		716,25
	Hospitality fee for the location of the Yemen Pavilion in the Arsenale, Venice.		10.000,00
	Travel costs to Venice (1 trip) & in the Netherlands, member BYT		450,00
	Telecommunication to Yemen and in the Netherlands member BYT		440,00
	Hotel, food etc. in Venice of a member BYT (1 trip)		200,00
	Website		664,29
	Transfer to the IVBC[2] of the total amount of the donations received from various private persons. This to cover part of the costs made by the IVBC.		2.670,80
	Production/installation of the National Pavilion of Yemen.		7.295,90
	Total amount		23.948,38

Balance: € 10.613,29

The amount spent which is not covered to date is paid by the IVBC: €7.295,90; L.M. Scheepers: € 2.227,39: and Dr. Moosa Elayah: € 1.090,–

Please note:

The following bill and expenditure are still expected: the bill of the graphic designer, the pocket money for the pavilion assistants, costs for the dismantling of the exhibition and some miscellaneous costs related to the last trip of the coordinator BYT to Venice at the end of the Biennale in November 2016.
In addition to the expenditure mentioned in above table all the work has been done on a voluntary basis and the hours of the IVBC spent before and during the exhibition are borne by the IVBC.

[1] BYT = Beautiful Yemen Team

[2] IVBC= Istituto Veneto Per I Beni Culturali