THE FARMERS MUSEUM INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$78,690,086
Investments
69%
Cash & Equivalents
28%
Property, Plant, & Equipment (net)
3%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$459,021
Payables & Accruals
70%
Deferred Revenue
30%
Grants Payable
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
$18,898,547
$21,827,996
+16%
Receivables (Non-Related)
$152,500
$152,500
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$128,670
$91,804
-29%
Investments
$54,481,571
$54,586,527
+0%
Property, Plant, & Equipment (net)
$2,146,488
$2,031,259
-5%
Other Assets
-
-
-
Total Assets
$75,807,776
$78,690,086
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$232,450
$320,711
+38%
Grants Payable
-
-
-
Deferred Revenue
$292,713
$138,310
-53%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$525,163
$459,021
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$9,887,833
$10,488,265
+6%
Unrestricted Net Assets
$65,394,780
$67,742,800
+4%
Net assets
2023
2024
Change
Net assets
+$75,282,613
+$78,231,065
+4%
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