AMERICAN METEOROLOGICAL SOCIETY
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$28,499,217
Investments
46%
Other Assets
24%
Cash & Equivalents
15%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
4%
Receivables (Non-Related)
4%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$12,022,349
Deferred Revenue
60%
Notes Payable / Debt (Non-Related)
24%
Payables & Accruals
10%
Other Liabilities
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,976,962
$4,266,055
+7%
Receivables (Non-Related)
$1,592,843
$1,065,681
-33%
Related-Party Receivables
-
-
-
Inventories
$25,587
$6,975
-73%
Prepaid Expenses
$1,077,278
$1,168,321
+8%
Investments
$10,692,206
$13,006,365
+22%
Property, Plant, & Equipment (net)
$8,635,570
$2,232,304
-74%
Other Assets
$703,420
$6,753,516
+860%
Total Assets
$26,703,866
$28,499,217
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,088,125
$1,245,476
+14%
Grants Payable
-
-
-
Deferred Revenue
$6,799,950
$7,262,497
+7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,089,818
$2,908,178
-6%
Related-Party Payables
-
-
-
Other Liabilities
$688,235
$606,198
-12%
Total Liabilities
$11,666,128
$12,022,349
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$6,201,672
$7,642,278
+23%
Unrestricted Net Assets
$8,836,066
$8,834,590
0%
Net assets
2023
2024
Change
Net assets
+$15,037,738
+$16,476,868
+10%
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