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Analysis of Revenue Sources and Alternatives at Minaret College, Australia 2023–2024

International Journal of Active Learning · Vol. 10 No. 2 (2025) · hlm. 99–106

DOI
10.15294/ijal.v10i2.36631
ISSN
2528-505X
Terbit
2025-10-31
Penerbit
Universitas Negeri Semarang
Bahasa
eng

Abstrak

This article aims to analyze the structure and development of Minaret College’s revenue in Australia, with a focus on the 2023–2024 financial report. The research method employs a qualitative approach using the 2023–2024 financial report text. Data analysis utilizes quantitative percentage analysis and qualitative descriptive interpretation. The results show that the institution’s income is predominantly derived from government grants (federal and state), accounting for more than 85% of total revenue. In 2024, total income increased by 6.49%, with the main contributions coming from federal government grants (65.23%) and state grants (19.77%). Other income sources, including parental contributions and paid program revenues, exhibited slower growth but remain essential for financial diversification strategies. This article highlights the institution’s need to develop more sustainable alternative income sources, such as endowment funds, paid programs, and community-based philanthropy. Financial management is conducted transparently through publication on the institution’s website and the ACNC (The Australian Charities and Not-for-profits Commission). To enhance trust and partnership opportunities, the institution is audited by the independent auditor Bunnet & Bassal Pty Ltd. This study offers strategic policy recommendations to improve the financial independence of Minaret College and ensure its operational sustainability in the context of evolving global education policies.

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25 penulis · 46 tautan kepenulisan bersama · 27 lintas organisasi

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  • UIN Raden Mas Said Surakarta
  • Universitas Airlangga
  • State University of Semarang
  • University of Brawijaya
  • Universitas Sembilanbelas November Kolaka
  • Universitas Halu Oleo
  • University of Malaya
  • Organisasi lain
  • Organisasi berbeda
  • Organisasi sama
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  • Garis lebih tebal = lebih banyak artikel bersama · lingkaran lebih besar = lebih banyak artikel
Tampilkan sebagai tabel
Rekan penulisOrganisasiArtikel bersama
Dorce Banne PabungaUniversitas Halu Oleo1
Yuliati YuliatiUIN Raden Mas Said Surakarta1
Shofwatun Ni’MahUIN Raden Mas Said Surakarta1
Khalimatul HidayahUIN Raden Mas Said Surakarta1
Waluyo WaluyoUniversitas Airlangga1
Fonny Dameaty HutagalungUniversity of Malaya1
Rudi HartonoState University of Semarang1
Dila CharismaState University of Semarang1
Siti ChoiriyahUIN Raden Mas Said Surakarta1
Noor AlawiyahUIN Raden Mas Said Surakarta1
Riki IskandarUIN Raden Mas Said Surakarta1
Sudarsono SudarsonoUniversity of Brawijaya1
Fadjar Ramdhani SetyawanUniversity of Brawijaya1
Pratiwi SoesilawatiUniversitas Airlangga1
Ira ArundinaUniversitas Airlangga1
Dian Widya DamaiyantiUniversitas Hang Tuah1
Dania MaharaniUniversitas Airlangga1
Samsuddin SamsuddinHasanuddin University1
Nur Ihsan HLUniversitas Sembilanbelas November Kolaka1
Hendri YawanUniversitas Sembilanbelas November Kolaka1
Hasriwiani Habo AbbasUniversitas Muslim Indonesia1
Masayuki SakibaraEhime University1

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Sumber metadata: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/journals/ijal/oai, pertama di-harvest 5 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en">Analysis of Revenue Sources and Alternatives at Minaret College, Australia 2023–2024</dc:title>
	<dc:creator xml:lang="en">Yuliati, Yuliati</dc:creator>
	<dc:creator xml:lang="en">Afif, Muslihul</dc:creator>
	<dc:creator xml:lang="en">Munadi, Muhammad</dc:creator>
	<dc:subject xml:lang="en">educational revenue </dc:subject>
	<dc:subject xml:lang="en">government grants</dc:subject>
	<dc:subject xml:lang="en">financial diversification</dc:subject>
	<dc:subject xml:lang="en">financial governance</dc:subject>
	<dc:subject xml:lang="en">community philanthropy</dc:subject>
	<dc:description xml:lang="en">This article aims to analyze the structure and development of Minaret College’s revenue in Australia, with a focus on the 2023–2024 financial report. The research method employs a qualitative approach using the 2023–2024 financial report text. Data analysis utilizes quantitative percentage analysis and qualitative descriptive interpretation. The results show that the institution’s income is predominantly derived from government grants (federal and state), accounting for more than 85% of total revenue. In 2024, total income increased by 6.49%, with the main contributions coming from federal government grants (65.23%) and state grants (19.77%). Other income sources, including parental contributions and paid program revenues, exhibited slower growth but remain essential for financial diversification strategies. This article highlights the institution’s need to develop more sustainable alternative income sources, such as endowment funds, paid programs, and community-based philanthropy. Financial management is conducted transparently through publication on the institution’s website and the ACNC (The Australian Charities and Not-for-profits Commission). To enhance trust and partnership opportunities, the institution is audited by the independent auditor Bunnet &amp;amp; Bassal Pty Ltd. This study offers strategic policy recommendations to improve the financial independence of Minaret College and ensure its operational sustainability in the context of evolving global education policies.</dc:description>
	<dc:publisher xml:lang="en">Universitas Negeri Semarang</dc:publisher>
	<dc:date>2025-10-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/journals/ijal/article/view/36631</dc:identifier>
	<dc:identifier>10.15294/ijal.v10i2.36631</dc:identifier>
	<dc:source xml:lang="en">International Journal of Active Learning; Vol. 10 No. 2 (2025): October 2025; 99-106</dc:source>
	<dc:source>2528-505X</dc:source>
	<dc:source>10.15294/ijal.v10i2</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/journals/ijal/article/view/36631/7175</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2025 International Journal of Active Learning</dc:rights>
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