Friday. April 19, 1963 University Daily Kansar
Page 5
Phys. Ed. Corp. Boasts Large Asset
(Third article in a series.)
By Russ Corbitt
The most recent KU Financial Report lists the Physical Education Corporation's total assets at over one million dollars.
Broken down, they look like this: current assets, $364,947.25; investments, $99,192.65; and buildings and equipment (at cost). $624,556.75. This totals $1,088,696.65.
According to a recent article in Fortune magazine, only 30 to 40 of the approximately 200 schools playing "anything like marketable football" last year operated at a profit. The rest were losing money on their football programs.
KU IS ONE of the schools in the black. In fact, it is the football program which keeps the Athletic Dept, from operating at a loss.
THE ARTICLE in Fortune stated that despite the fact that Colorado won the Big Eight championship in 1961, about 6,600 of that University's enrollment of 12,000 were not interested enough in the team this year to pay six dollars for a season ticket.
The financial report makes it evident that the bulk of the department's income comes from activities, particularly ticket sales. The home team is obligated to give the visiting team one-half the receipts from ticket sales, but keeps all the receipts from concessions, programs, backrests, etc.
Last year, the total attendance at the five home football games was 177,406, a record. This is an average game attendance of over 35,000.
In fact, student pressure there forced the administration to separate the football ticket price from the incidental fees that all students pay at registration.
KU students, however, are not that apathetic when it comes to football. Nine thousand KU students,
students' wives and medical students purchased football season tickets last year. The total number of season tickets sold, including discount and complimentary tickets, was 13,780.
THE BASKETBALL team last year drew 1,400 season ticket purchasers, and a total attendance of 57,300 for the 11 home games.
The largest single expenditure of the Athletic Department is the financial assistance it extends to athletes. Robert Billings, director of the Aids and Awards office, said approximately $185,000 in complete and partial scholarships was awarded this year.
"This money comes from the Athletic Department's income," Billings said, "and none of our finances for general academic scholarships is used for this purpose."
He listed the number of scholarships given as: football, 98 full; basketball, 21 full; 1 partial; track, 16 full, 16 partial; tennis, 4 partial; baseball, 13 partial; swimming, 8 partial, and golf, 4 partial.
ATHLETIC DIRECTOR A. C.
(Dutch) Lonborg said approximately $156,000 was paid out in salaries last year to the 36 employees on the payroll.
The only state finances used in the program are those used to pay the athletic director, the trainer and the track coach. The track coach is paid by the state because he is also an assistant professor.
SHE'LL LOOK TWICE When her campus man Wears a TUX from SIR KNIGHT
VI 3-9594
International Festival Scheduled For Tomorrow in Hoch Auditorium
KU students and faculty members will have the opportunity to learn more about foreign cultures and customs at the 1963 International Festival Saturday.
Vinod Patel, Baroda, India, special student, said foreign students will depict various aspects of life by featuring exhibits and a program at the festival.
THE SHOW THIS Saturday "Happy Fella Around the World." will include exhibits from 5-7:45 p.m. and the evening program at 7:45. The program will last for about 90 minutes. The exhibits also will be open for one hour following the evening program.
Among the nations planning exhibits are Afghanistan, Africa, the Arab nations, Cambodia, Greece, India, Korea, Latin America, Denmark, Sweden, Finland, Norway,
Iceland, Pakistan, the Philippines, Switzerland and Turkey. The Peace Corps, People-to-People and Haskell Institute also plan an exhibit
Various articles including clothing, vessels, art and printing pieces, ornaments and jewelry will be displayed in the exhibits. There will be a person at each booth to provide information to the visitors.
Rab Malik of Pakistan and Omneya Souelm of Egypt, both graduate students, have been selected as the master and the mistress of the ceremonies.
CHANCELLOR WESCOE will deliver a welcome address at the evening program. The program will include: From the Old to the New Frontier, Africa; Arab lands—yesterday and today, the Arab countries; Fantasia Musical, Latin America; ChhayYam (The drum song), Cambodia; Manva Melo (Human gatherings for Mate Choice), India; Deutschland—Ae We See it, Germany; Carinosa (A lively
The average attendance in the past has been 1200 to 1400. Coan expects about 1000 people this year despite the various activities on the campus.
group), the Philippines, and Afghan Dance, Afghanistan.
CLARK COAN, foreign student adviser, said the number of exhibits exceeds past years.
The festival is sponsored by the foreign student adviser's office.
The festival is open free of cost.
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