STUDEBAKER NATIONAL MUSEUM INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,803,428
Property, Plant, & Equipment (net)
47%
Cash & Equivalents
40%
Receivables (Non-Related)
4%
Other Assets
3%
Inventories
3%
Prepaid Expenses
3%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$171,469
Payables & Accruals
85%
Other Liabilities
13%
Deferred Revenue
2%
Grants Payable
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
$1,371,296
$1,131,078
-18%
Receivables (Non-Related)
$85,823
$101,748
+19%
Related-Party Receivables
-
-
-
Inventories
$82,371
$83,712
+2%
Prepaid Expenses
$65,750
$78,015
+19%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,101,997
$1,323,011
+20%
Other Assets
$77,545
$85,864
+11%
Total Assets
$2,784,782
$2,803,428
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$139,119
$145,165
+4%
Grants Payable
-
-
-
Deferred Revenue
$3,133
$3,473
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$22,831
$22,831
+0%
Total Liabilities
$165,083
$171,469
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$844,226
$702,927
-17%
Unrestricted Net Assets
$1,775,473
$1,929,032
+9%
Net assets
2023
2024
Change
Net assets
+$2,619,699
+$2,631,959
+0%
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