MUSEUM OF WISCONSIN ART INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$8,731,943
Property, Plant, & Equipment (net)
76%
Investments
12%
Cash & Equivalents
8%
Receivables (Non-Related)
3%
Inventories
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$265,740
Payables & Accruals
53%
Notes Payable / Debt (Non-Related)
47%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$596,163
$657,619
+10%
Receivables (Non-Related)
$273,280
$284,280
+4%
Related-Party Receivables
-
-
-
Inventories
$31,504
$33,561
+7%
Prepaid Expenses
$26,406
$31,984
+21%
Investments
$958,548
$1,067,030
+11%
Property, Plant, & Equipment (net)
$6,987,367
$6,653,660
-5%
Other Assets
$4,762
$3,809
-20%
Total Assets
$8,878,030
$8,731,943
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$117,982
$140,540
+19%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$142,000
$125,200
-12%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$259,982
$265,740
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$1,111,283
$1,302,220
+17%
Unrestricted Net Assets
$7,506,765
$7,163,983
-5%
Net assets
2023
2024
Change
Net assets
+$8,618,048
+$8,466,203
-2%
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