WHITNEY MUSEUM OF AMERICAN ART
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$1,017,309,000
Investments
46%
Property, Plant, & Equipment (net)
37%
Cash & Equivalents
13%
Receivables (Non-Related)
2%
Other Assets
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$117,621,000
Tax-Exempt Bond Liabilities
78%
Other Liabilities
14%
Payables & Accruals
6%
Deferred Revenue
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$51,412,000
$130,382,000
+154%
Receivables (Non-Related)
$31,754,000
$23,621,000
-26%
Related-Party Receivables
-
-
-
Inventories
$4,348,000
$4,118,000
-5%
Prepaid Expenses
$2,639,000
$3,067,000
+16%
Investments
$497,870,000
$466,553,000
-6%
Property, Plant, & Equipment (net)
$371,102,000
$374,190,000
+1%
Other Assets
$13,684,000
$15,378,000
+12%
Total Assets
$972,809,000
$1,017,309,000
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$11,908,000
$7,333,000
-38%
Grants Payable
-
-
-
Deferred Revenue
$2,829,000
$1,916,000
-32%
Tax-Exempt Bond Liabilities
$94,028,000
$91,538,000
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$17,041,000
$16,834,000
-1%
Total Liabilities
$125,806,000
$117,621,000
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$446,252,000
$503,594,000
+13%
Unrestricted Net Assets
$400,751,000
$396,094,000
-1%
Net assets
2023
2024
Change
Net assets
+$847,003,000
+$899,688,000
+6%
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