Logo for "MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC"

MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC

MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC

NORTH ADAMS, MA, US
a.k.a MASS MoCA
501(c)(3)
EIN
04-3113688
Women Led
LGBTQ+ Led
Logo for "MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC"

MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC

NORTH ADAMS, MA, US
a.k.a MASS MoCA
501(c)(3)
EIN
04-3113688
Women Led
LGBTQ+ Led

Balance Sheet

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

$86,301,366

Property, Plant, & Equipment (net)
44%
Investments
41%
Cash & Equivalents
8%
Receivables (Non-Related)
6%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$4,711,405

Payables & Accruals
52%
Notes Payable / Debt (Non-Related)
40%
Deferred Revenue
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,248,189
$6,858,596
-26%
Receivables (Non-Related)
$4,730,088
$5,294,690
+12%
Related-Party Receivables
-
-
-
Inventories
$514,735
$574,453
+12%
Prepaid Expenses
$248,645
$156,574
-37%
Investments
$29,816,639
$35,098,840
+18%
Property, Plant, & Equipment (net)
$38,934,314
$38,318,213
-2%
Other Assets
-
-
-
Total Assets
$83,492,610
$86,301,366
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,696,555
$2,450,744
-9%
Grants Payable
-
-
-
Deferred Revenue
$430,386
$371,876
-14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,974,474
$1,888,785
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,101,415
$4,711,405
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$39,065,988
$36,699,480
-6%
Unrestricted Net Assets
$39,325,207
$44,890,481
+14%
Net assets
2023
2024
Change
Net assets
+$78,391,195
+$81,589,961
+4%
Balance Sheet
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