AMAZING THINGS ARTS CENTER INC (EIN 20-1332310) - Balance Sheet, 990 Financials

AMAZING THINGS ARTS CENTER INC

FRAMINGHAM, MA, US

•

a.k.a atac: downtown arts + music

•

501(c)(3)

•

EIN

20-1332310

•

WWW.ATAC160.ORG

•

Women Led

LGBTQ+ Led

AMAZING THINGS ARTS CENTER INC

FRAMINGHAM, MA, US

•

a.k.a atac: downtown arts + music

•

501(c)(3)

•

EIN

20-1332310

•

WWW.ATAC160.ORG

•

Women Led

LGBTQ+ Led

Overview

Programs

990s

Income Statement

Balance Sheet

People

Board & Team

Financials

Financial Trends

Funding

Funders

Grants Received

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Balance Sheet

Fiscal Year Start:

Sep 1

Assets in 2024 (Year End)

$234,906

Property, Plant, & Equipment (net)

51%

Cash & Equivalents

41%

Receivables (Non-Related)

Related-Party Receivables

Inventories

Prepaid Expenses

Investments

Other Assets

Liabilities in 2024 (Year End)

$601,569

Notes Payable / Debt (Non-Related)

95%

Other Liabilities

Payables & Accruals

<1%

Grants Payable

Deferred Revenue

Tax-Exempt Bond Liabilities

Custodial & Escrow Liabilities

Related-Party Payables

Assets

2023

2024

Change

Cash & Equivalents

$354,342

$95,806

-73%

Receivables (Non-Related)

$20,000

Related-Party Receivables

Inventories

Prepaid Expenses

Investments

Property, Plant, & Equipment (net)

$139,035

$119,100

-14%

Other Assets

Total Assets

$493,377

$234,906

-52%

Liabilities

2023

2024

Change

Payables & Accruals

$2,097

$1,884

-10%

Grants Payable

Deferred Revenue

Tax-Exempt Bond Liabilities

Custodial & Escrow Liabilities

Notes Payable / Debt (Non-Related)

$579,333

$573,466

-1%

Related-Party Payables

Other Liabilities

$26,219

Total Liabilities

$581,430

$601,569

+3%

Net assets

2023

2024

Change

Restricted Net Assets

$66,214

Unrestricted Net Assets

-$88,053

-$432,877

-392%

Net assets

2023

2024

Change

Net assets

-$88,053

-$366,663

-316%