ARKANSAS MUSEUM OF FINE ARTS FOUNDATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$68,443,256
Investments
75%
Receivables (Non-Related)
17%
Cash & Equivalents
6%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$6,778,911
Payables & Accruals
86%
Deferred Revenue
14%
Grants Payable
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
$6,212,624
$4,361,959
-30%
Receivables (Non-Related)
$13,982,076
$11,899,740
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,003
$43,382
+189%
Investments
$44,467,552
$51,238,282
+15%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$832,427
$899,893
+8%
Total Assets
$65,509,682
$68,443,256
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$4,395,153
$5,844,997
+33%
Grants Payable
-
-
-
Deferred Revenue
-
$933,914
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$399,121
-
-
Total Liabilities
$4,794,274
$6,778,911
+41%
Net assets
2023
2024
Change
Restricted Net Assets
$34,814,758
$23,458,331
-33%
Unrestricted Net Assets
$25,900,650
$38,206,014
+48%
Net assets
2023
2024
Change
Net assets
+$60,715,408
+$61,664,345
+2%
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