HERRESHOFF MARINE MUSEUM
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,670,762
Property, Plant, & Equipment (net)
62%
Cash & Equivalents
25%
Investments
8%
Receivables (Non-Related)
3%
Other Assets
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,417,783
Notes Payable / Debt (Non-Related)
81%
Payables & Accruals
12%
Deferred Revenue
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,220,288
$1,181,517
-3%
Receivables (Non-Related)
$234,577
$146,821
-37%
Related-Party Receivables
-
-
-
Inventories
$13,630
$12,926
-5%
Prepaid Expenses
$6,472
$3,231
-50%
Investments
$290,400
$358,009
+23%
Property, Plant, & Equipment (net)
$3,080,976
$2,884,731
-6%
Other Assets
$77,611
$83,527
+8%
Total Assets
$4,923,954
$4,670,762
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$144,552
$163,260
+13%
Grants Payable
-
-
-
Deferred Revenue
$64,187
$107,177
+67%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,251,785
$1,147,346
-8%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,460,524
$1,417,783
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$1,514,948
$1,514,948
+0%
Unrestricted Net Assets
$1,948,482
$1,738,031
-11%
Net assets
2023
2024
Change
Net assets
+$3,463,430
+$3,252,979
-6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)