NEW MEXICO SCHOOL FOR THE ARTS - ARTS INSTITUTE

NEW MEXICO SCHOOL FOR THE ARTS - ARTS INSTITUTE

SANTA FE, NM, US
501(c)(3)
EIN
26-4764395
School

NEW MEXICO SCHOOL FOR THE ARTS - ARTS INSTITUTE

SANTA FE, NM, US
501(c)(3)
EIN
26-4764395
School

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$30,970,657

Property, Plant, & Equipment (net)
79%
Investments
15%
Cash & Equivalents
5%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$305,205

Other Liabilities
95%
Payables & Accruals
5%
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%
Assets
2023
2024
Change
Cash & Equivalents
$1,628,926
$1,502,120
-8%
Receivables (Non-Related)
$472,706
$425,242
-10%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$13,841
-
-
Investments
$1,996,072
$4,665,309
+134%
Property, Plant, & Equipment (net)
$24,878,041
$24,377,986
-2%
Other Assets
$0
-
-
Total Assets
$28,989,586
$30,970,657
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$41,611
$15,794
-62%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$542,994
-
-
Related-Party Payables
-
-
-
Other Liabilities
$245,376
$289,411
+18%
Total Liabilities
$829,981
$305,205
-63%
Net assets
2023
2024
Change
Restricted Net Assets
$1,481,465
$1,650,435
+11%
Unrestricted Net Assets
$26,678,140
$29,015,017
+9%
Net assets
2023
2024
Change
Net assets
+$28,159,605
+$30,665,452
+9%
Balance Sheet
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