Michigan Philharmonic
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$365,426
Investments
94%
Cash & Equivalents
5%
Other Assets
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$38,852
Payables & Accruals
57%
Notes Payable / Debt (Non-Related)
26%
Deferred Revenue
17%
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
$23,863
$16,596
-30%
Receivables (Non-Related)
$7,500
$50
-99%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,349
$2,000
+48%
Investments
$363,491
$343,780
-5%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$1,900
$3,000
+58%
Total Assets
$398,103
$365,426
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$29,135
$22,012
-24%
Grants Payable
-
-
-
Deferred Revenue
$33,300
$6,690
-80%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,850
$10,150
+3%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$72,285
$38,852
-46%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$325,818
$326,574
+0%
Net assets
2023
2024
Change
Net assets
+$325,818
+$326,574
+0%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)