MUSEUM OF FINE ARTS
MUSEUM OF FINE ARTS
MUSEUM OF FINE ARTS
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$1,464,063,580
Investments
64%
Property, Plant, & Equipment (net)
19%
Cash & Equivalents
10%
Receivables (Non-Related)
6%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$161,527,158
Tax-Exempt Bond Liabilities
62%
Other Liabilities
22%
Payables & Accruals
10%
Notes Payable / Debt (Non-Related)
3%
Deferred Revenue
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$126,128,036
$147,655,908
+17%
Receivables (Non-Related)
$74,785,617
$82,945,792
+11%
Related-Party Receivables
-
-
-
Inventories
$1,860,928
$1,555,384
-16%
Prepaid Expenses
$1,705,682
$1,619,910
-5%
Investments
$870,835,912
$937,110,189
+8%
Property, Plant, & Equipment (net)
$296,518,405
$283,306,414
-4%
Other Assets
$10,783,053
$9,869,983
-8%
Total Assets
$1,382,617,633
$1,464,063,580
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$19,744,320
$16,752,084
-15%
Grants Payable
-
-
-
Deferred Revenue
$2,756,777
$4,665,078
+69%
Tax-Exempt Bond Liabilities
$99,843,201
$99,854,018
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,328,280
$5,067,379
-20%
Related-Party Payables
-
-
-
Other Liabilities
$35,090,472
$35,188,599
+0%
Total Liabilities
$163,763,050
$161,527,158
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$1,058,150,721
$1,122,266,848
+6%
Unrestricted Net Assets
$160,703,862
$180,269,574
+12%
Net assets
2023
2024
Change
Net assets
+$1,218,854,583
+$1,302,536,422
+7%
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