BROOKLYN ACADEMY OF MUSIC INC
BROOKLYN ACADEMY OF MUSIC INC
BROOKLYN ACADEMY OF MUSIC INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$146,398,752
Other Assets
62%
Property, Plant, & Equipment (net)
32%
Receivables (Non-Related)
5%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$8,113,224
Payables & Accruals
43%
Other Liabilities
26%
Notes Payable / Debt (Non-Related)
23%
Deferred Revenue
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$677,414
$955,930
+41%
Receivables (Non-Related)
$9,815,364
$7,228,753
-26%
Related-Party Receivables
-
-
-
Inventories
$56,221
$56,482
+0%
Prepaid Expenses
$598,988
$380,823
-36%
Investments
-
-
-
Property, Plant, & Equipment (net)
$47,682,584
$47,550,421
0%
Other Assets
$92,195,872
$90,226,343
-2%
Total Assets
$151,026,443
$146,398,752
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$3,068,456
$3,490,162
+14%
Grants Payable
-
-
-
Deferred Revenue
$180,766
$598,741
+231%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,758,766
$1,884,145
-72%
Related-Party Payables
-
-
-
Other Liabilities
$2,383,266
$2,140,176
-10%
Total Liabilities
$12,391,254
$8,113,224
-35%
Net assets
2023
2024
Change
Restricted Net Assets
$97,800,369
$97,707,180
0%
Unrestricted Net Assets
$40,834,820
$40,578,348
-1%
Net assets
2023
2024
Change
Net assets
+$138,635,189
+$138,285,528
0%
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