CENTER FOR THE ARTS OF HOMER INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,546,249
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
20%
Receivables (Non-Related)
3%
Other Assets
<1%
Related-Party Receivables
<1%
Prepaid Expenses
<1%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$435,300
Deferred Revenue
44%
Notes Payable / Debt (Non-Related)
35%
Payables & Accruals
22%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$521,992
$304,692
-42%
Receivables (Non-Related)
$29,072
$46,210
+59%
Related-Party Receivables
$2,289
$2,289
+0%
Inventories
$0
$0
-
Prepaid Expenses
$1,719
$1,719
+0%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$1,004,740
$1,186,075
+18%
Other Assets
$137,818
$5,264
-96%
Total Assets
$1,697,630
$1,546,249
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$26,215
$94,416
+260%
Grants Payable
-
-
-
Deferred Revenue
$183,303
$189,891
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$344,839
$150,993
-56%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$554,357
$435,300
-21%
Net assets
2023
2024
Change
Restricted Net Assets
$91,585
$11,640
-87%
Unrestricted Net Assets
$1,051,688
$1,099,309
+5%
Net assets
2023
2024
Change
Net assets
+$1,143,273
+$1,110,949
-3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)