WILLIAM KING MUSEUM OF ART
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$6,437,142
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
18%
Receivables (Non-Related)
7%
Investments
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$355,091
Notes Payable / Debt (Non-Related)
70%
Payables & Accruals
15%
Deferred Revenue
11%
Other Liabilities
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$786,857
$1,174,592
+49%
Receivables (Non-Related)
$120,324
$441,405
+267%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$27,338
$22,914
-16%
Investments
$84,762
$88,093
+4%
Property, Plant, & Equipment (net)
$3,663,014
$4,710,138
+29%
Other Assets
-
-
-
Total Assets
$4,682,295
$6,437,142
+37%
Liabilities
2023
2024
Change
Payables & Accruals
$216,299
$53,876
-75%
Grants Payable
-
-
-
Deferred Revenue
$82,820
$39,355
-52%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$177,553
$249,306
+40%
Related-Party Payables
-
-
-
Other Liabilities
$5,595
$12,554
+124%
Total Liabilities
$482,267
$355,091
-26%
Net assets
2023
2024
Change
Restricted Net Assets
$422,987
$1,225,339
+190%
Unrestricted Net Assets
$3,777,041
$4,856,712
+29%
Net assets
2023
2024
Change
Net assets
+$4,200,028
+$6,082,051
+45%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)