WESTMORELAND MUSEUM OF AMERICAN ART
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$35,484,849
Property, Plant, & Equipment (net)
47%
Investments
24%
Other Assets
16%
Cash & Equivalents
10%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$202,547
Payables & Accruals
97%
Deferred Revenue
3%
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
$3,556,691
$3,515,282
-1%
Receivables (Non-Related)
$523,227
$905,818
+73%
Related-Party Receivables
-
-
-
Inventories
$29,714
$25,645
-14%
Prepaid Expenses
$34,718
$36,518
+5%
Investments
$8,062,752
$8,641,465
+7%
Property, Plant, & Equipment (net)
$17,369,409
$16,749,285
-4%
Other Assets
$5,218,955
$5,610,836
+8%
Total Assets
$34,795,466
$35,484,849
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$201,860
$195,788
-3%
Grants Payable
-
-
-
Deferred Revenue
$8,496
$6,759
-20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$210,356
$202,547
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$13,212,654
$14,461,701
+9%
Unrestricted Net Assets
$21,372,456
$20,820,601
-3%
Net assets
2023
2024
Change
Net assets
+$34,585,110
+$35,282,302
+2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)