EDUCATION THROUGH MUSIC INC
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$7,056,796
Cash & Equivalents
52%
Receivables (Non-Related)
30%
Investments
11%
Other Assets
7%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$698,073
Payables & Accruals
64%
Other Liabilities
36%
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%
Assets
2023
2024
Change
Cash & Equivalents
$2,024,717
$3,647,787
+80%
Receivables (Non-Related)
$1,544,309
$2,085,356
+35%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$21,295
$10,356
-51%
Investments
$696,945
$763,989
+10%
Property, Plant, & Equipment (net)
$47,208
$57,575
+22%
Other Assets
$366,365
$491,733
+34%
Total Assets
$4,700,839
$7,056,796
+50%
Liabilities
2023
2024
Change
Payables & Accruals
$230,986
$446,592
+93%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$251,481
$251,481
+0%
Total Liabilities
$482,467
$698,073
+45%
Net assets
2023
2024
Change
Restricted Net Assets
$390,000
$2,250,000
+477%
Unrestricted Net Assets
$3,828,372
$4,108,723
+7%
Net assets
2023
2024
Change
Net assets
+$4,218,372
+$6,358,723
+51%
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