The Contemporary Arts Center
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$25,381,839
Property, Plant, & Equipment (net)
66%
Investments
23%
Receivables (Non-Related)
5%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$895,866
Notes Payable / Debt (Non-Related)
64%
Payables & Accruals
31%
Deferred Revenue
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,153,540
$1,028,224
-11%
Receivables (Non-Related)
$924,643
$1,308,035
+41%
Related-Party Receivables
-
-
-
Inventories
$60,914
$69,918
+15%
Prepaid Expenses
$107,221
$208,310
+94%
Investments
$12,993,579
$5,943,805
-54%
Property, Plant, & Equipment (net)
$17,494,634
$16,823,547
-4%
Other Assets
$913,092
$0
-100%
Total Assets
$33,647,623
$25,381,839
-25%
Liabilities
2023
2024
Change
Payables & Accruals
$291,067
$276,641
-5%
Grants Payable
-
-
-
Deferred Revenue
$3,645
$47,325
+1198%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,949,266
$571,900
-93%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$8,243,978
$895,866
-89%
Net assets
2023
2024
Change
Restricted Net Assets
$2,432,309
$3,479,104
+43%
Unrestricted Net Assets
$22,971,336
$21,006,869
-9%
Net assets
2023
2024
Change
Net assets
+$25,403,645
+$24,485,973
-4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)