BALTIMORE MUSEUM OF ART
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$205,294,835
Investments
92%
Property, Plant, & Equipment (net)
3%
Receivables (Non-Related)
2%
Cash & Equivalents
2%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$3,909,839
Payables & Accruals
65%
Other Liabilities
20%
Deferred Revenue
14%
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
$1,214,348
$3,781,459
+211%
Receivables (Non-Related)
$8,079,963
$5,022,848
-38%
Related-Party Receivables
-
-
-
Inventories
$436,695
$392,970
-10%
Prepaid Expenses
-
-
-
Investments
$173,611,476
$189,180,430
+9%
Property, Plant, & Equipment (net)
$6,068,337
$5,342,676
-12%
Other Assets
$1,440,827
$1,574,452
+9%
Total Assets
$190,851,646
$205,294,835
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$2,168,394
$2,555,317
+18%
Grants Payable
-
-
-
Deferred Revenue
$927,606
$562,407
-39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$841,659
$792,115
-6%
Total Liabilities
$3,937,659
$3,909,839
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$163,201,561
$174,977,910
+7%
Unrestricted Net Assets
$23,712,426
$26,407,086
+11%
Net assets
2023
2024
Change
Net assets
+$186,913,987
+$201,384,996
+8%
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