INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$80,317,277
Property, Plant, & Equipment (net)
63%
Receivables (Non-Related)
17%
Investments
16%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$13,169,431
Notes Payable / Debt (Non-Related)
42%
Other Liabilities
38%
Payables & Accruals
19%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,907,051
$1,535,932
-61%
Receivables (Non-Related)
$18,378,225
$13,615,114
-26%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$223,255
$728,668
+226%
Investments
$36,503,090
$13,239,372
-64%
Property, Plant, & Equipment (net)
$5,498,416
$50,900,722
+826%
Other Assets
$634,687
$297,469
-53%
Total Assets
$65,144,724
$80,317,277
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$556,124
$2,472,972
+345%
Grants Payable
-
-
-
Deferred Revenue
$45,012
$144,375
+221%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$37,694
$5,528,328
+14566%
Related-Party Payables
$0
$0
-
Other Liabilities
$808,274
$5,023,756
+522%
Total Liabilities
$1,447,104
$13,169,431
+810%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$63,697,620
+$67,147,846
+5%
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