COLLEGE FOR CREATIVE STUDIES
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$263,605,125
Property, Plant, & Equipment (net)
49%
Investments
34%
Cash & Equivalents
13%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$41,713,767
Tax-Exempt Bond Liabilities
81%
Payables & Accruals
14%
Deferred Revenue
3%
Other Liabilities
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$39,462,521
$34,700,305
-12%
Receivables (Non-Related)
$8,383,119
$5,117,091
-39%
Related-Party Receivables
-
-
-
Inventories
$369,077
$329,898
-11%
Prepaid Expenses
$2,397,925
$2,431,206
+1%
Investments
$86,061,870
$90,798,019
+6%
Property, Plant, & Equipment (net)
$134,987,035
$130,228,606
-4%
Other Assets
-
-
-
Total Assets
$271,661,547
$263,605,125
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$6,056,459
$6,028,467
0%
Grants Payable
-
-
-
Deferred Revenue
$1,391,022
$1,331,640
-4%
Tax-Exempt Bond Liabilities
$34,722,063
$33,852,304
-3%
Custodial & Escrow Liabilities
$5,033,817
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$642,066
$501,356
-22%
Total Liabilities
$47,845,427
$41,713,767
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$26,568,347
$25,072,193
-6%
Unrestricted Net Assets
$197,247,773
$196,819,165
0%
Net assets
2023
2024
Change
Net assets
+$223,816,120
+$221,891,358
-1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)