KRASL ART CENTER INC
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$10,858,812
Other Assets
37%
Investments
33%
Property, Plant, & Equipment (net)
28%
Cash & Equivalents
1%
Inventories
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$101,003
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
$29,245
$122,968
+320%
Receivables (Non-Related)
$18,948
$10,526
-44%
Related-Party Receivables
-
-
-
Inventories
$19,805
$13,853
-30%
Prepaid Expenses
-
-
-
Investments
$3,316,008
$3,603,552
+9%
Property, Plant, & Equipment (net)
$3,135,470
$3,039,347
-3%
Other Assets
$3,661,941
$4,068,566
+11%
Total Assets
$10,181,417
$10,858,812
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$66,875
$101,003
+51%
Grants Payable
-
-
-
Deferred Revenue
$25,000
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$91,875
$101,003
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$3,582,462
$3,986,573
+11%
Unrestricted Net Assets
$6,507,080
$6,771,236
+4%
Net assets
2023
2024
Change
Net assets
+$10,089,542
+$10,757,809
+7%
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