MUSICAL INSTRUMENT MUSEUM
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$199,605,235
Investments
65%
Property, Plant, & Equipment (net)
32%
Cash & Equivalents
2%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$2,193,220
Deferred Revenue
56%
Payables & Accruals
44%
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
$15,658,646
$3,143,168
-80%
Receivables (Non-Related)
$1,102,402
$901,449
-18%
Related-Party Receivables
-
-
-
Inventories
$435,240
$441,671
+1%
Prepaid Expenses
$330,366
$475,687
+44%
Investments
$90,662,439
$129,837,498
+43%
Property, Plant, & Equipment (net)
$64,360,195
$63,986,572
-1%
Other Assets
$862,299
$819,190
-5%
Total Assets
$173,411,587
$199,605,235
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$1,033,244
$955,903
-7%
Grants Payable
-
-
-
Deferred Revenue
$1,127,496
$1,237,317
+10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,838
-
-
Total Liabilities
$2,164,578
$2,193,220
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$99,084,166
$107,407,708
+8%
Unrestricted Net Assets
$72,162,843
$90,004,307
+25%
Net assets
2023
2024
Change
Net assets
+$171,247,009
+$197,412,015
+15%
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