Turrell Art Foundation
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$108,680,553
Property, Plant, & Equipment (net)
61%
Cash & Equivalents
35%
Other Assets
4%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,094
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
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
$48,429,407
$37,676,269
-22%
Receivables (Non-Related)
$1,069
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$39,302,923
$66,323,589
+69%
Other Assets
$31,158,010
$4,680,695
-85%
Total Assets
$118,891,409
$108,680,553
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$4,827
$13,094
+171%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,827
$13,094
+171%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$118,886,582
+$108,667,459
-9%
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