SPRINGFIELD SYMPHONY ORCHESTRA INC
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$7,100,195
Investments
99%
Property, Plant, & Equipment (net)
<1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$139,937
Payables & Accruals
91%
Deferred Revenue
9%
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
$56,424
$44,511
-21%
Receivables (Non-Related)
$34,805
$0
-100%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$6,547
$11,524
+76%
Investments
$6,682,260
$6,996,989
+5%
Property, Plant, & Equipment (net)
$26,276
$47,171
+80%
Other Assets
-
$0
-
Total Assets
$6,806,312
$7,100,195
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$129,698
$127,462
-2%
Grants Payable
-
-
-
Deferred Revenue
$17,500
$12,475
-29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$147,198
$139,937
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$5,589,985
$6,228,316
+11%
Unrestricted Net Assets
$1,069,129
$731,942
-32%
Net assets
2023
2024
Change
Net assets
+$6,659,114
+$6,960,258
+5%
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