ACADEMY ART MUSEUM INC
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$12,602,247
Investments
59%
Property, Plant, & Equipment (net)
34%
Receivables (Non-Related)
3%
Cash & Equivalents
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$130,581
Payables & Accruals
50%
Deferred Revenue
45%
Notes Payable / Debt (Non-Related)
4%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$496,380
$310,591
-37%
Receivables (Non-Related)
$76,161
$413,779
+443%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$22,479
$42,844
+91%
Investments
$6,631,194
$7,416,191
+12%
Property, Plant, & Equipment (net)
$4,333,752
$4,330,387
0%
Other Assets
$75,163
$88,455
+18%
Total Assets
$11,635,129
$12,602,247
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$43,263
$65,316
+51%
Grants Payable
-
-
-
Deferred Revenue
$102,769
$58,569
-43%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,214
$5,496
-24%
Related-Party Payables
-
-
-
Other Liabilities
$108,352
$1,200
-99%
Total Liabilities
$261,598
$130,581
-50%
Net assets
2023
2024
Change
Restricted Net Assets
$994,437
$824,297
-17%
Unrestricted Net Assets
$10,379,094
$11,647,369
+12%
Net assets
2023
2024
Change
Net assets
+$11,373,531
+$12,471,666
+10%
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