DURHAM ARTS COUNCIL INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$1,025,241
Investments
49%
Receivables (Non-Related)
31%
Cash & Equivalents
10%
Property, Plant, & Equipment (net)
4%
Other Assets
3%
Prepaid Expenses
3%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$723,630
Deferred Revenue
39%
Payables & Accruals
30%
Notes Payable / Debt (Non-Related)
19%
Grants Payable
13%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$280,738
$100,294
-64%
Receivables (Non-Related)
$285,564
$320,048
+12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$29,072
$30,494
+5%
Investments
$524,419
$499,758
-5%
Property, Plant, & Equipment (net)
$35,578
$40,217
+13%
Other Assets
$34,430
$34,430
+0%
Total Assets
$1,189,801
$1,025,241
-14%
Liabilities
2024
2025
Change
Payables & Accruals
$112,723
$215,375
+91%
Grants Payable
$182,632
$91,731
-50%
Deferred Revenue
$213,225
$281,089
+32%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$90,000
$135,435
+50%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$598,580
$723,630
+21%
Net assets
2024
2025
Change
Restricted Net Assets
$360,233
$263,850
-27%
Unrestricted Net Assets
$230,988
$37,761
-84%
Net assets
2024
2025
Change
Net assets
+$591,221
+$301,611
-49%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)