YOUNG MUSICIANS UNITE INC
Balance Sheet
Fiscal Year Start:
Aug 1
Assets in 2024 (Year End)
$1,564,878
Cash & Equivalents
61%
Other Assets
16%
Investments
13%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$432,241
Other Liabilities
59%
Payables & Accruals
41%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$333,334
$950,598
+185%
Receivables (Non-Related)
$428,178
$68,622
-84%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,118
$11,804
+956%
Investments
-
$208,099
-
Property, Plant, & Equipment (net)
$29,717
$73,828
+148%
Other Assets
$110,284
$251,927
+128%
Total Assets
$902,631
$1,564,878
+73%
Liabilities
2023
2024
Change
Payables & Accruals
$56,336
$179,325
+218%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$110,778
$252,916
+128%
Total Liabilities
$167,114
$432,241
+159%
Net assets
2023
2024
Change
Restricted Net Assets
$250,000
$341,766
+37%
Unrestricted Net Assets
$485,517
$790,871
+63%
Net assets
2023
2024
Change
Net assets
+$735,517
+$1,132,637
+54%
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