FLORENCE GRISWOLD MUSEUM INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$37,145,927
Investments
61%
Property, Plant, & Equipment (net)
17%
Cash & Equivalents
14%
Receivables (Non-Related)
7%
Inventories
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$839,678
Payables & Accruals
69%
Deferred Revenue
23%
Other Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$655,460
$5,036,599
+668%
Receivables (Non-Related)
$3,801,442
$2,674,439
-30%
Related-Party Receivables
-
-
-
Inventories
$170,907
$195,466
+14%
Prepaid Expenses
$85,751
$141,895
+65%
Investments
$24,800,611
$22,738,948
-8%
Property, Plant, & Equipment (net)
$6,282,675
$6,234,643
-1%
Other Assets
$127,438
$123,937
-3%
Total Assets
$35,924,284
$37,145,927
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$105,289
$576,217
+447%
Grants Payable
-
-
-
Deferred Revenue
$232,991
$194,823
-16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$80,992
$68,638
-15%
Total Liabilities
$419,272
$839,678
+100%
Net assets
2023
2024
Change
Restricted Net Assets
$13,194,072
$16,280,977
+23%
Unrestricted Net Assets
$22,310,940
$20,025,272
-10%
Net assets
2023
2024
Change
Net assets
+$35,505,012
+$36,306,249
+2%
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