Skip to content
John Nurminen Foundation
Antiikkikartta


Financial statements 2024

The John Nurminen Foundation 0895353-5
Consolidated Financial Statements 1 January 2024–31 December 2024

The John Nurminen Foundation
Consolidated Financial Statements

Parent companyParent companyGroupGroup
ORDINARY OPERARTIONS1.1.2024-31.12.20241.1.2023-31.12.20231.1.2024-31.12.20241.1.2023-31.12.2023
MARITIME CULTURE
Income
Income from Group companies25 799,373 268,5400
Targeted donations45 016,6646 247,8245 016,6646 247,82
Grants received22 567,2715 062,0022 567,2719 450,47
Other income979,411 378,07133 255,3087 459,64
Income, total94 362,7165 956,43200 839,23153 157,93
Expenses
Liabilities to Group companies-1 010,62−116,3100
Personnel expenses-272 453,37-266 413,52-322 520,92-339 326,98
Depreciation and write-downs−441,05−587,94-10 711,93-10 858,82
Other expenses-285 018,06-454 423,68-403 522,88-574 240,64
Change in inventories385,5443,59-59 772,16-1 669,11
Expenses, total-558 537,56-721 497,86-796 527,89-926 095,55
MARITIME CULTURE, TOTAL-464 174,85-655 541,43-595 688,66-772 937,62
MARINE ENVIRONMENT
Income
Targeted donations162 714,45307 028,39162 714,45307 028,39
Grants received488 414,27185 669,92488 414,27185 669,92
Other income8 790,001 050,008 790,001 050,00
Income, total659 918,72493 748,31659 918,72493 748,31
Expenses
Liabilities to Group companies-3 433,14−518,800
Personnel expenses-1 182 422,42-1 042 039,06-1 182 422,42-1 042 039,06
Depreciation and write-downs-1 763,89-2 351,94-1 763,89-2 351,94
Other expenses-1 115 003,46-994 020,46-1 115 003,46-994 539,26
Expenses, total-2 302 622,91-2 038 930,26-2 299 189,77-2 038 930,26
MARINE ENVIRONMENT, TOTAL-1 642 704,19-1 545 181,95-1 639 271,05-1 545 181,95
GENERAL EXPENSES
Expenses
Personnel expenses-63 104,90-55 799,74-63 104,90-55 799,74
Other expenses-27 574,94-14 523,11-27 574,94-14 523,11
GENERAL EXPENSES, TOTAL-90 679,84-70 322,85-90 679,84-70 322,85
INCOME/DEFICIT FROM ORDINARY OPERATIONS-2 197 558,88-2 271 046,23-2 325 639,55-2 388 442,42
FUNDRAISING
Income
Donations received2 966 990,362 954 755,972 966 990,362 954 755,97
Targeted donations-207 731,11-353 276,21-207 731,11-353 276,21
Income, total2 759 259,252 601 479,762 759 259,252 601 479,76
Expenses
Personnel expenses-317 118,23-286 875,81-317 118,23-286 875,81
Other expenses-468 953,80-647 108,76-468 953,80-647 108,76
Expenses, total-786 072,03-933 984,57-786 072,03-933 984,57
INCOME/DEFICIT FROM FUNDRAISING ACTIVITIES1 973 187,221 667 495,191 973 187,221 667 495,19
INVESTMENT AND FINANCING ACTIVITIES
Rental activities
Rental income200 709,40158 990,78200 709,40158 450,78
Rental expenses-182 866,63-139 799,48-182 866,63-139 799,48
Rental activities, total17 842,7719 191,3017 842,7718 651,30
Investment activities
Income940 790,35627 613,72940 790,35627 613,72
Expenses-144 318,81-608 407,53-144 318,81-248 473,68
Investment activities, total796 471,5419 206,19796 471,54379 140,04
INCOME/DEFICIT FROM INVESTMENT AND FINANCING ACTIVITIES814 314,3138 397,49814 314,31397 791,34
RESULT FOR THE FINANCIAL YEAR589 942,65-565 153,55461 861,98-323 155,89
YEAR-END ALLOCATIONS
Fund transfers1 058 137,191 538 555,481 058 137,191 538 555,48
SURPLUS (DEFICIT) FOR THE FINANCIAL YEAR1 648 079,84973 401,931 519 999,171 215 399,59
Notes to the financial statements
Antiikkikartta

John Nurminen Foundation
Balance Sheet 2024

Balance sheetParent companyParent companyGroupGroup
ASSETS31.12.202431.12.202331.12.202431.12.2023
NON-CURRENT ASSETS
Intangible assets
Other capitalised expenses0010 270,8720 541,75
Intangible assets, total0010 270,8720 541,75
Tangible assets
Machinery and equipment6 614,828 819,766 614,828 819,76
Artworks218 893,91218 893,91218 893,91218 893,91
Maps, books and objects517 002,69517 002,69517 002,69517 002,69
Tangible assets, total742 511,42744 716,36742 511,42744 716,36
Investments
Holdings in Group companies110 000,00110 000,0000
Holdings in associated companies1110
Other shares and holdings14 151 453,4513 697 884,2114 151 453,4513 697 884,21
Investments, total14 261 454,4513 807 885,2114 151 454,4513 697 884,21
NON-CURRENT ASSETS, TOTAL15 003 965,8714 552 601,5714 904 236,7414 463 142,32
CURRENT ASSETS
Inventories
Books in progress2 429,132 043,592 429,132 043,59
Completed books0043 020,70103 179,40
Inventories, total2 429,132 043,5945 449,83105 222,99
Long-term receivables
Receivables from Group companies176 417,48156 417,4800
Other receivables22 200,00022 200,000
Long-term receivables, total198 617,48156 417,4822 200,000
Short-term receivables
Receivables from Group companies03 085,8700
Sales receivables345 653,8339 260,87351 745,1649 429,78
Other receivables46 535,75348 527,5647 360,88351 165,84
Prepayments and accrued income387 512,0099 201,20388 307,0099 519,96
Short-term receivables, total779 701,58490 075,50787 413,04500 115,58
Cash in hand and at banks175 506,67592 611,21211 601,81666 931,31
CURRENT ASSETS, TOTAL1 156 254,861 241 147,781 066 664,681 272 269,88
ASSETS, TOTAL 16 160 220,7315 793 749,3515 970 901,4215 735 412,20
Notes to the financial statement and balance sheet

Signatures on the financial statements

The financial statements are signed electronically
Tommi Juusela, chair
Jukka Anteroinen
Emilie Gardberg
Seppo Knuuttila
Juha Nurminen
Kaisa Olkkonen
Markku Ollikainen
Kristian Pullola
Marja-Leena Rinkineva
Annamari Arrakoski-Engardt, CEO

Financial statements audit

The report on the audit carried out is issued on the date indicated by the electronic signature
Deloitte Oy, Marika Nevalainen KHT

Auditor’s report (in Finnish) 2024

Photo: John Nurminen Foundation’s collections

Search