NEW BRITAIN MUSEUM OF AMERICAN ART INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$48,260,493
Investments
50%
Property, Plant, & Equipment (net)
45%
Other Assets
3%
Receivables (Non-Related)
1%
Inventories
<1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$1,815,033
Notes Payable / Debt (Non-Related)
65%
Payables & Accruals
19%
Deferred Revenue
15%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$351,286
$99,516
-72%
Receivables (Non-Related)
$114,071
$548,024
+380%
Related-Party Receivables
-
-
-
Inventories
$216,765
$223,544
+3%
Prepaid Expenses
$109,812
$93,789
-15%
Investments
$23,871,829
$24,275,788
+2%
Property, Plant, & Equipment (net)
$22,105,197
$21,603,908
-2%
Other Assets
$1,316,484
$1,415,924
+8%
Total Assets
$48,085,444
$48,260,493
+0%
Liabilities
2024
2025
Change
Payables & Accruals
$712,014
$350,376
-51%
Grants Payable
-
-
-
Deferred Revenue
$57,315
$270,044
+371%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$535,009
$1,183,785
+121%
Related-Party Payables
-
-
-
Other Liabilities
$23,447
$10,828
-54%
Total Liabilities
$1,327,785
$1,815,033
+37%
Net assets
2024
2025
Change
Restricted Net Assets
$10,676,403
$11,137,222
+4%
Unrestricted Net Assets
$36,081,256
$35,308,238
-2%
Net assets
2024
2025
Change
Net assets
+$46,757,659
+$46,445,460
-1%
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