Talk:School of Economic Science

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Legacy income[edit]

The article lead now reads "According to the British branch's financial statement for 2015, its main source of income is from wills...." There are several problems with this.
1. Income is received from legacies, not wills.
2. The Report and Financial Statement for 2015 does not say the main source of income is from legacies.
a. The financial year ending 2015 was unusual. The report for 2015 states "voluntary income at £1,272,000 was significantly higher than last year’s total of £228,000, and explains the turnaround. This breaks down to £1,086,000 from legacies, and £186,000 from donations and gift aid." The financial statement provides the figures for legacy income for 2014 and 2015, £102,000 and £1,086,000 respectively. Even if legacy income had been the main source of income in 2015, it would be wrong to say it is the main source and wrong to say the financial statement said that.
b. The report for 2015 does say "The main sources of funding are fees from courses (which are kept to a necessary minimum), gifts and legacies with some contribution from interest from investments." This is borne out by the financial statement, which shows that income from charitable activities and income from trading activities were both higher than income from donations and legacies. It also shows that legacy income at £1,086,000 was far from the main part of the £5,325,000 total income and formed a much more minor part the previous year (£102,000 of the £4,156,000 total income).
It's disturbing that the claim that the main source of income is from wills was reinserted,[1] given that this misreading of the source breaches Wikipedia's policy on Original research and WP:Primary sources and demonstrates the need for it, breaches the Manual of Style in introducing a claim which is not a summary of article body content, and had been challenged and removed. Please do not reinsert it without achieving consensus here. 92.19.24.9 (talk) 17:19, 10 October 2017 (UTC)

There was also a peculiar emphasis on legacy income in the Administration section, which attributed the entirety of the 2015 surplus to it (a surplus is the result of multiple streams of income and expenditure which we are not in a position to hypothecate) and misled by reporting only voluntary income (5%-25% of the total). 92.19.24.9 (talk) 17:50, 10 October 2017 (UTC)