FIGGE ART MUSEUM
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$14,051,175
Investments
50%
Cash & Equivalents
26%
Receivables (Non-Related)
13%
Other Assets
6%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$405,316
Payables & Accruals
78%
Deferred Revenue
22%
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
2023
2024
Change
Cash & Equivalents
$1,973,387
$3,632,188
+84%
Receivables (Non-Related)
$2,534,186
$1,764,645
-30%
Related-Party Receivables
-
-
-
Inventories
$25,292
$25,368
+0%
Prepaid Expenses
$198,378
$213,180
+7%
Investments
$7,313,723
$7,095,707
-3%
Property, Plant, & Equipment (net)
$440,900
$449,875
+2%
Other Assets
-
$870,212
-
Total Assets
$12,485,866
$14,051,175
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$292,453
$315,424
+8%
Grants Payable
-
-
-
Deferred Revenue
$88,317
$89,892
+2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$380,770
$405,316
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$9,335,300
$9,752,598
+4%
Unrestricted Net Assets
$2,769,796
$3,893,261
+41%
Net assets
2023
2024
Change
Net assets
+$12,105,096
+$13,645,859
+13%
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