WORLD MUSIC INSTITUTE INC
WORLD MUSIC INSTITUTE INC
WORLD MUSIC INSTITUTE INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$538,469
Cash & Equivalents
89%
Receivables (Non-Related)
8%
Inventories
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$35,311
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$321,643
$481,668
+50%
Receivables (Non-Related)
$81,332
$43,834
-46%
Related-Party Receivables
-
-
-
Inventories
$4,616
$4,616
+0%
Prepaid Expenses
$12,013
$3,266
-73%
Investments
$80,237
$0
-100%
Property, Plant, & Equipment (net)
$1,586
$1,028
-35%
Other Assets
$2,057
$4,057
+97%
Total Assets
$503,484
$538,469
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$12,747
$35,311
+177%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$12,747
$35,311
+177%
Net assets
2023
2024
Change
Restricted Net Assets
$87,000
$50,000
-43%
Unrestricted Net Assets
$403,737
$453,158
+12%
Net assets
2023
2024
Change
Net assets
+$490,737
+$503,158
+3%
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