BRUCE MUSEUM INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$96,237,544
Property, Plant, & Equipment (net)
63%
Investments
33%
Cash & Equivalents
2%
Receivables (Non-Related)
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,073,502
Notes Payable / Debt (Non-Related)
85%
Payables & Accruals
10%
Deferred Revenue
5%
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
$970,892
$2,349,701
+142%
Receivables (Non-Related)
$4,564,722
$1,955,083
-57%
Related-Party Receivables
-
-
-
Inventories
$108,646
$97,262
-10%
Prepaid Expenses
$127,422
$41,505
-67%
Investments
$28,775,627
$31,381,699
+9%
Property, Plant, & Equipment (net)
$61,227,785
$60,412,294
-1%
Other Assets
$0
-
-
Total Assets
$95,775,094
$96,237,544
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$3,158,137
$404,861
-87%
Grants Payable
-
-
-
Deferred Revenue
$285,095
$187,236
-34%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,507,425
$3,481,405
-1%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,950,657
$4,073,502
-41%
Net assets
2023
2024
Change
Restricted Net Assets
$31,900,052
$33,022,217
+4%
Unrestricted Net Assets
$56,924,385
$59,141,825
+4%
Net assets
2023
2024
Change
Net assets
+$88,824,437
+$92,164,042
+4%
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