2004-05 Report

The Queensland Art Gallery has completed the 2004–05 financial year

in a fiscally good position with an increase in Equity of $10.9 million.

In the financial statements of the Gallery the term ‘parent entity’ refers

to the Queensland Art Gallery, whereas the term ‘economic entity’

reports the combined position of the Queensland Art Gallery and the

Queensland Art Gallery Foundation.

This is necessary as the Queensland Art Gallery Foundation has been

classified as a controlled entity of the Queensland Art Gallery.

The Statement of Financial Performance is used to compare revenue to

expenses over the financial year.

Revenues of the Gallery are sourced primarily from the Queensland

Government appropriation ($17.545 million), also known as Government

Contributions.

The other major sources of funds in 2004–05 include self-generated

funds from the operation of commercial activities, e.g. Gallery Store and

donations and bequests through the Queensland Art Gallery

Foundation.

The key expenses for the Gallery are employees’ salaries and

entitlements and purchases of supplies and services for exhibition

program related activities including facilities management costs.

The Statement of Financial Position measures the value of assets,

liabilities and equity of the Gallery as at 30 June 2005.

The revaluation of non-current physical assets was undertaken in the

financial year, resulting in an increase in the value of the Art Collection

by $5.641 million. Revaluation of the Gallery’s Research Library

Materials resulted in a decrease of $0.325 million.

The main increase in current liabilities is due to increased staff numbers

resulting in increased provision for employee entitlements.

CORPORATE GOVERNANCE

The Gallery’s Code of Conduct is based on the ethics, principles and

obligations outlined in the

Public Sector Ethics Act 1994

and was

developed following consultation with all staff.

New employees receive the Code of Conduct as part of their

commencement kit and the Code is available to all staff on the

Gallery’s intranet. The Code applies to all paid employees as well as

volunteers.

Persons other than staff members can inspect the Code, free of

charge, upon request at the Gallery’s Research Library, with extracts

or a full copy available free of charge.

During the year, workshops for new supervisory staff included

reference to the Code.

Strategies to achieve the objectives contained in the Gallery’s Equal

Employment Opportunity (EEO) Management Plan 2003–05

continued to be implemented and monitored against target dates

during the year.

Key strategies included:

conducting career planning sessions

continuing the Indigenous traineeship program

continuing online anti-discrimination training and certification for

new supervisors and managers

ensuring access to human resource policies through the intranet

and providing printed copies in the Gallery’s Research Library.

The Gallery:

continued its Change Management Program for staff in

preparation for the Gallery’s transition to a two-site organisation

continued the recruitment of additional staff to undertake

planning and program/services preparation for the Queensland

Gallery of Modern Art

continued the traineeship program

continued online anti-discrimination training for supervisors

provided a range of staff training and professional development

conducted workshops for new supervisory staff.

Due to the size of the Queensland Art Gallery, a separate risk

management committee has not been established. However, the

Gallery’s Executive Management Team, comprising the Director and

three Assistant Directors, is responsible for the implementation and

monitoring of the Gallery’s risk management process.

A fraud risk audit was completed during the year.

Other risk control measures were reviewed.

Gallery representatives participated in the Government’s Agency

Preparedness program.

The Board of Trustees Audit Committee, consisting of Mr Tim Fairfax,

, Mr Wayne Goss, Mrs Ann Gamble Myer (Trustees) and Mr Doug

Hall,

(Director), met on one occasion.

The following internal audits were undertaken:

IT Security Review — Webmail service

Physical Security Audit of the Collection.

The Gallery’s recordkeeping practices are currently under review to ensure compliance with the

Public Records Act 2002

and

Information Standard 40

(IS40). The Queensland State Archives (QSA)

Recordkeeping Practices Survey has been completed and a Strategic Records Implementation Plan

will be developed, assessed by QSA and implemented by the end of 2007, as per the requirements

of IS40.

The Gallery has a Workplace Health and Safety Committee consisting of workplace health and

safety representatives elected by staff, five Workplace Health and Safety Officers, the Assistant

Director (Management and Operations), and the Head of Exhibitions and Display. The Committee

met on six occasions during the year and:

facilitated training of representatives in health and safety issues

monitored online training for all staff

conducted regular inspections of work areas

responded to all reported/identified hazards.

The Gallery is also represented on the Queensland Cultural Centre’s Workplace Health and Safety

Committee which met on six occasions.

There were no disclosures received over the reporting period.

During 2004–05, the Gallery used the services of consultants to carry out specific tasks where their

expertise was required: