AKRON ART MUSEUM
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$65,684,826
Investments
46%
Property, Plant, & Equipment (net)
32%
Other Assets
10%
Cash & Equivalents
10%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,811,721
Deferred Revenue
63%
Notes Payable / Debt (Non-Related)
26%
Payables & Accruals
11%
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
$4,481,997
$6,291,335
+40%
Receivables (Non-Related)
$786,144
$1,188,142
+51%
Related-Party Receivables
-
-
-
Inventories
$28,039
$33,744
+20%
Prepaid Expenses
$156,244
$109,786
-30%
Investments
$27,825,121
$30,234,543
+9%
Property, Plant, & Equipment (net)
$21,746,686
$21,038,051
-3%
Other Assets
$6,403,692
$6,789,225
+6%
Total Assets
$61,427,923
$65,684,826
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$284,766
$196,361
-31%
Grants Payable
-
-
-
Deferred Revenue
$1,133,500
$1,145,000
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$484,399
$470,360
-3%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,902,665
$1,811,721
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$31,765,268
$36,083,406
+14%
Unrestricted Net Assets
$27,759,990
$27,789,699
+0%
Net assets
2023
2024
Change
Net assets
+$59,525,258
+$63,873,105
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)