THE MUSEUM OF LANGUAGE ARTS INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$55,019,102
Property, Plant, & Equipment (net)
92%
Cash & Equivalents
6%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$398,242
Payables & Accruals
90%
Deferred Revenue
10%
Other Liabilities
<1%
Grants Payable
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
$2,206,513
$3,347,326
+52%
Receivables (Non-Related)
$1,299,013
$769,556
-41%
Related-Party Receivables
-
-
-
Inventories
$63,769
$61,297
-4%
Prepaid Expenses
$110,551
$124,021
+12%
Investments
-
-
-
Property, Plant, & Equipment (net)
$52,119,695
$50,695,998
-3%
Other Assets
$49,539
$20,904
-58%
Total Assets
$55,849,080
$55,019,102
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$334,358
$358,453
+7%
Grants Payable
-
-
-
Deferred Revenue
$12,250
$39,108
+219%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,369
$681
-80%
Total Liabilities
$349,977
$398,242
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$1,890,002
$1,146,545
-39%
Unrestricted Net Assets
$53,609,101
$53,474,315
0%
Net assets
2023
2024
Change
Net assets
+$55,499,103
+$54,620,860
-2%
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