PALACE CULTURAL ARTS ASSOCIATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$7,161,848
Property, Plant, & Equipment (net)
80%
Cash & Equivalents
18%
Prepaid Expenses
1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$239,428
Deferred Revenue
70%
Payables & Accruals
20%
Other Liabilities
10%
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
$1,173,992
$1,318,865
+12%
Receivables (Non-Related)
$6,047
$5,909
-2%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$86,020
$85,304
-1%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$5,959,022
$5,715,050
-4%
Other Assets
$3,381
$36,720
+986%
Total Assets
$7,228,462
$7,161,848
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$22,041
$48,687
+121%
Grants Payable
-
-
-
Deferred Revenue
$135,531
$166,854
+23%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$23,887
-
Total Liabilities
$157,572
$239,428
+52%
Net assets
2023
2024
Change
Restricted Net Assets
$74,452
$147,784
+98%
Unrestricted Net Assets
$6,996,438
$6,774,636
-3%
Net assets
2023
2024
Change
Net assets
+$7,070,890
+$6,922,420
-2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)