SPRINGBOARD FOR THE ARTS
SPRINGBOARD FOR THE ARTS
SPRINGBOARD FOR THE ARTS
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$15,842,463
Investments
53%
Property, Plant, & Equipment (net)
26%
Receivables (Non-Related)
15%
Cash & Equivalents
6%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$206,390
Payables & Accruals
90%
Deferred Revenue
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,175,067
$997,975
-15%
Receivables (Non-Related)
$3,030,823
$2,339,283
-23%
Related-Party Receivables
-
-
-
Inventories
-
$5,162
-
Prepaid Expenses
$107,818
$105,964
-2%
Investments
$6,933,542
$8,335,247
+20%
Property, Plant, & Equipment (net)
$4,024,919
$4,058,832
+1%
Other Assets
-
-
-
Total Assets
$15,272,169
$15,842,463
+4%
Liabilities
2024
2025
Change
Payables & Accruals
$238,162
$184,890
-22%
Grants Payable
-
-
-
Deferred Revenue
$1,501
$21,500
+1332%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,851,825
$0
-100%
Total Liabilities
$2,091,488
$206,390
-90%
Net assets
2024
2025
Change
Restricted Net Assets
$6,936,854
$4,841,586
-30%
Unrestricted Net Assets
$6,243,827
$10,794,487
+73%
Net assets
2024
2025
Change
Net assets
+$13,180,681
+$15,636,073
+19%
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