AMERICAN ACADEMY IN ROME
AMERICAN ACADEMY IN ROME
AMERICAN ACADEMY IN ROME
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$169,349,327
Investments
82%
Property, Plant, & Equipment (net)
9%
Other Assets
4%
Receivables (Non-Related)
3%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$11,509,808
Other Liabilities
72%
Payables & Accruals
24%
Deferred Revenue
3%
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
$3,071,069
$3,173,384
+3%
Receivables (Non-Related)
$4,119,556
$4,459,190
+8%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,402,862
$1,062,410
-24%
Investments
$124,813,247
$139,310,757
+12%
Property, Plant, & Equipment (net)
$14,162,472
$14,430,776
+2%
Other Assets
$7,313,445
$6,912,810
-5%
Total Assets
$154,882,651
$169,349,327
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$3,525,890
$2,815,237
-20%
Grants Payable
-
-
-
Deferred Revenue
$379,256
$378,813
0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$8,727,459
$8,315,758
-5%
Total Liabilities
$12,632,605
$11,509,808
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$108,211,907
$122,676,252
+13%
Unrestricted Net Assets
$34,038,139
$35,163,267
+3%
Net assets
2023
2024
Change
Net assets
+$142,250,046
+$157,839,519
+11%
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