TRYON FINE ARTS CENTER INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$8,338,734
Investments
63%
Property, Plant, & Equipment (net)
35%
Cash & Equivalents
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$12,801
Payables & Accruals
72%
Other Liabilities
28%
Grants Payable
0%
Deferred Revenue
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
$289,624
$207,219
-28%
Receivables (Non-Related)
$4,515
$10,263
+127%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$4,613,768
$5,220,338
+13%
Property, Plant, & Equipment (net)
$2,945,508
$2,900,914
-2%
Other Assets
-
-
-
Total Assets
$7,853,415
$8,338,734
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,696
$9,243
+445%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$664
$3,558
+436%
Total Liabilities
$2,360
$12,801
+442%
Net assets
2023
2024
Change
Restricted Net Assets
$149,394
$149,394
+0%
Unrestricted Net Assets
$7,701,661
$8,176,539
+6%
Net assets
2023
2024
Change
Net assets
+$7,851,055
+$8,325,933
+6%
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