BUTLER INSTITUTE OF AMERICAN ART
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$75,295,223
Investments
83%
Property, Plant, & Equipment (net)
13%
Cash & Equivalents
3%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$682,982
Other Liabilities
56%
Payables & Accruals
43%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,265,430
$2,577,717
+14%
Receivables (Non-Related)
$303,659
$343,890
+13%
Related-Party Receivables
-
-
-
Inventories
$12,952
$14,573
+13%
Prepaid Expenses
$112,517
$72,481
-36%
Investments
$58,637,836
$62,758,982
+7%
Property, Plant, & Equipment (net)
$9,006,193
$9,527,580
+6%
Other Assets
$0
-
-
Total Assets
$70,338,587
$75,295,223
+7%
Liabilities
2024
2025
Change
Payables & Accruals
$71,028
$295,148
+316%
Grants Payable
-
-
-
Deferred Revenue
$7,393
$8,424
+14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$120,284
$379,410
+215%
Total Liabilities
$198,705
$682,982
+244%
Net assets
2024
2025
Change
Restricted Net Assets
$11,273,690
$11,567,197
+3%
Unrestricted Net Assets
$58,866,192
$63,045,044
+7%
Net assets
2024
2025
Change
Net assets
+$70,139,882
+$74,612,241
+6%
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