ALUMNI ASSOCIATION OF THE UNIVERSITY OF MICHIGAN
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$183,150,741
Investments
89%
Property, Plant, & Equipment (net)
8%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$15,351,253
Grants Payable
31%
Deferred Revenue
30%
Notes Payable / Debt (Non-Related)
24%
Payables & Accruals
15%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$120,000
$120,000
+0%
Receivables (Non-Related)
$4,950,480
$4,686,870
-5%
Related-Party Receivables
$0
$0
-
Inventories
$91,600
$119,857
+31%
Prepaid Expenses
$622,878
$422,462
-32%
Investments
$150,999,409
$163,225,811
+8%
Property, Plant, & Equipment (net)
$15,044,750
$14,575,741
-3%
Other Assets
$0
$0
-
Total Assets
$171,829,117
$183,150,741
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$2,628,486
$2,305,423
-12%
Grants Payable
$4,471,928
$4,814,116
+8%
Deferred Revenue
$4,506,852
$4,592,513
+2%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$4,852,268
$3,639,201
-25%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$16,459,534
$15,351,253
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$57,997,809
$65,057,238
+12%
Unrestricted Net Assets
$97,371,774
$102,742,250
+6%
Net assets
2023
2024
Change
Net assets
+$155,369,583
+$167,799,488
+8%
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