RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC

WEST PALM BEACH, FL, US
501(c)(3)
EIN
59-2245054

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC

WEST PALM BEACH, FL, US
501(c)(3)
EIN
59-2245054

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$208,612,181

Investments
54%
Property, Plant, & Equipment (net)
38%
Receivables (Non-Related)
6%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$61,949,433

Tax-Exempt Bond Liabilities
83%
Deferred Revenue
14%
Payables & Accruals
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,315,135
$1,981,214
+51%
Receivables (Non-Related)
$12,631,445
$11,683,804
-8%
Related-Party Receivables
-
-
-
Inventories
$17,645
$8,597
-51%
Prepaid Expenses
$1,348,660
$1,821,451
+35%
Investments
$106,736,190
$112,619,102
+6%
Property, Plant, & Equipment (net)
$81,836,737
$79,410,589
-3%
Other Assets
$1,339,030
$1,087,424
-19%
Total Assets
$205,224,842
$208,612,181
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,510,524
$2,058,165
+36%
Grants Payable
-
-
-
Deferred Revenue
$9,245,621
$8,621,268
-7%
Tax-Exempt Bond Liabilities
$56,270,000
$51,270,000
-9%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$67,026,145
$61,949,433
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$43,457,601
$43,942,985
+1%
Unrestricted Net Assets
$94,741,096
$102,719,763
+8%
Net assets
2023
2024
Change
Net assets
+$138,198,697
+$146,662,748
+6%
Balance Sheet
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