GRADUATE MANAGEMENT ADMISSION COUNCIL
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$189,989,204
Investments
81%
Other Assets
8%
Cash & Equivalents
6%
Prepaid Expenses
2%
Receivables (Non-Related)
2%
Property, Plant, & Equipment (net)
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$25,711,455
Payables & Accruals
67%
Other Liabilities
24%
Deferred Revenue
9%
Grants Payable
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
$12,390,060
$12,015,835
-3%
Receivables (Non-Related)
$1,930,463
$3,196,336
+66%
Related-Party Receivables
-
-
-
Inventories
$6,291
$0
-100%
Prepaid Expenses
$1,635,989
$4,511,242
+176%
Investments
$147,658,518
$153,120,457
+4%
Property, Plant, & Equipment (net)
$3,290,828
$2,550,888
-22%
Other Assets
$24,172,802
$14,594,446
-40%
Total Assets
$191,084,951
$189,989,204
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$16,961,791
$17,181,982
+1%
Grants Payable
-
-
-
Deferred Revenue
$2,171,947
$2,311,008
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$7,375,524
$6,218,465
-16%
Total Liabilities
$26,509,262
$25,711,455
-3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$164,575,689
$164,277,749
0%
Net assets
2023
2024
Change
Net assets
+$164,575,689
+$164,277,749
0%
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