Emotion Research Institute Ltd

Donation Funded iconThis charity receives a significant portion of its funding (specifically, more than 30% of its total revenue) directly from donations and bequests. This indicates that public contributions are a crucial financial lifeline for their mission.Volunteer Powered iconThis charity relies heavily on the incredible dedication of volunteers. It means their operations are significantly powered by volunteer efforts, where the collective contribution of volunteers is either substantial compared to paid staff, or their work is entirely run by volunteers. Your time and skills could make a huge difference here!Tax Deductible iconThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
Website:
emotionresearch.com.au
ABN:
75 608 205 170
Location:
Subiaco, WA
Charity Size:
SmallSmall charities, those with an annual revenue of under $500,000, are often the unsung heroes, deeply rooted in local communities. Think of your local soup kitchen, the neighbourhood environmental group, or the tiny organisation providing crucial support to families in crisis. These charities punch above their weight, delivering highly personalised services and fostering strong connections.
Charity Type:
Education
Registration Status:
Registeredthe charity’s registration is active
Religious Affiliation:
No Religious AffiliationThis category comprises charities that do not have any religious affiliation. They operate independently of specific religious doctrines and focus on their mission based on secular principles
DGR Status:
Tax DeductibleThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
This year focused on three main themes, HR, Brand Strategy and Governance. In terms of HR, the first person required is a Board Director who has the knowledge, experience, and skills to invite potential investors to support research into emotion that is both important and high impact. This role is suited to a director who is highly networked and can see the value in probono activity. The second role considered is a Senior Researcher who will be required to design and conduct research for the Foundation. This role is a salaried position and requires a highly experienced researcher at the level of a post doctorate who is interested in the foundation s research. This role will be suitable for a high performer who is interested in working in a private research institute who demonstrates the Foundation s values including being brave, Integrity, growth, compassion, and vitality. The third role considered is a brand and marketing professional who has expertise in technology who can design and manage podcasts, videos, lectures, Ted talks with the aim of raising the profile of the foundation. This role will be a salaried position and requires a professional who is highly motivated, energetic and wants to contribute to something bigger than themselves. In terms of brand strategy, the Board and the broader team engaged in discussions about a name change over the last few years. This idea has developed momentum this year and the proposed name is New Perspectives on Emotion Research so the community can understand what the Foundation is about more readily. The name change will be implemented when the Foundation has the staff onboard to facilitate the process. In terms of governance, the Foundation focused on: 1. synthesis and reporting of outcomes from the first education study, 2. approach to achieving short and longterm impact through research and dissemination, 3. governance and funding health, 4. ability to attract and retain talent, 5. longevity beyond the Founding Chairperson. The outcomes from these focus areas include reaffirming its vision and mission, making progress towards submission of research from its first education study, gaining clarity on and initiating recruiting for its next research position to continue its research agenda, initiating a search for a new third board director, capability development of the Foundations leadership team, initiating a rebranding exercise with a new name for the foundation that is expected to generate wider appeal and a more attractive brand for research and management talent and therefore a stronger basis for the longevity of the Foundation beyond the Founding Chair, and maintaining a healthy cash position for upcoming research projects. Many of these activities are anticipated to be completed in 2024, providing a strong base for the Foundation to build on its early progress.

Only Active in Australia

Staffing DetailsCharities report the number of full-time, part-time, and casual employees, as well as volunteers, for the last pay period of their reporting year.

MetricCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Full Time029
Part Time00
Casual00
Volunteers228
Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) is a calculation that represents the number of full-time employees a charity would have if you combined the hours of all its part-time and casual staff.0.002.51
FTE to Volunteer RatioThis ratio compares the number of volunteers to the number of paid full-time equivalent staff. A higher percentage indicates a greater reliance on volunteers.0%5043%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$0$91,589

Related Party TransactionsA transaction between the charity and a person or entity closely connected to the charity, such as a board member, a major donor, or their family members. These must be disclosed to ensure transparency.

Reporting on related party transactions is not required for small charities.

Key Management Personnel (KMP)Key Management Personnel (KMP) are the people who have the authority and responsibility for planning, directing, and controlling the charity's activities. This typically includes board members and senior executives.

Reporting on Key Management Personnel remuneration is only required for large charities.

Most Recent Annual Information Submitted 2023

Lodgement was submitted on time.

Reporting Requirements for a Small Charity (Annual revenue under $500,000)

Small charities must submit an Annual Information Statement (AIS) but are not required to submit a full financial report. This means they do not have to provide a detailed breakdown of assets and liabilities or submit audited financial statements, though they must keep financial records.

CategoryCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Australian Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Net Surplus/DeficitThe difference between a charity's total income and its total expenses for the reporting period. A surplus means income was greater than expenses, while a deficit means expenses were greater than income.$135,748$1,817
Net Assets/LiabilitiesThe value of what a charity owns (assets) minus what it owes (liabilities). This is also known as total equity or net worth, representing the overall financial position.$217,235$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$144,039$79,127
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $0 $12,204
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $144,000 $28,744
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $0 $17,922
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $0 $7,090
Other RevenueIncome from any other sources that don't fit into the main categories. $39 $7,559
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $5,607
Total Gross IncomeTotal Revenue plus Other Income. It represents the total income before any expenses are deducted. $144,039 $79,127
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$8,291$77,310
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $0 $19,898
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $0 $14,184
Grants and Donations (Overseas)Funds and donations distributed by the charity to other organisations or individuals outside of Australia for international aid and development. $0 $3,352
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $8,291 $39,876
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$225,587$635,767
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$8,352$69,335

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