SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC

SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC

New York, NY, US
501(c)3
EIN
01-0263908
School

SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE INC

New York, NY, US
501(c)3
EIN
01-0263908
School

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$44,834,975

Investments
83%
Property, Plant, & Equipment (net)
14%
Receivables (Non-Related)
2%
Cash & Equivalents
1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$329,824

Deferred Revenue
58%
Payables & Accruals
42%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$645,304
$528,079
-18%
Receivables (Non-Related)
$828,099
$728,659
-12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$47,025
$38,658
-18%
Investments
$32,501,191
$37,157,464
+14%
Property, Plant, & Equipment (net)
$5,975,983
$6,217,270
+4%
Other Assets
$625,706
$164,845
-74%
Total Assets
$40,623,308
$44,834,975
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$196,194
$139,214
-29%
Grants Payable
-
-
-
Deferred Revenue
$36,010
$190,610
+429%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$232,204
$329,824
+42%
Net assets
2023
2024
Change
Restricted Net Assets
$23,431,916
$25,870,795
+10%
Unrestricted Net Assets
$16,959,188
$18,634,356
+10%
Net assets
2023
2024
Change
Net assets
+$40,391,104
+$44,505,151
+10%
Balance Sheet
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