SPEED ART MUSEUM
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$143,462,541
Investments
56%
Property, Plant, & Equipment (net)
37%
Receivables (Non-Related)
5%
Cash & Equivalents
1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,819,687
Payables & Accruals
65%
Notes Payable / Debt (Non-Related)
33%
Deferred Revenue
3%
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
$4,938,359
$1,540,228
-69%
Receivables (Non-Related)
$4,597,625
$7,241,361
+58%
Related-Party Receivables
-
-
-
Inventories
$150,884
$153,133
+1%
Prepaid Expenses
$96,814
$298,921
+209%
Investments
$70,370,622
$79,641,633
+13%
Property, Plant, & Equipment (net)
$48,143,073
$53,166,148
+10%
Other Assets
$3,073,162
$1,421,117
-54%
Total Assets
$131,370,539
$143,462,541
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$2,437,101
$3,117,706
+28%
Grants Payable
-
-
-
Deferred Revenue
$100,389
$126,030
+26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$1,575,951
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,537,490
$4,819,687
+90%
Net assets
2023
2024
Change
Restricted Net Assets
$20,936,816
$20,937,849
+0%
Unrestricted Net Assets
$107,896,233
$117,705,005
+9%
Net assets
2023
2024
Change
Net assets
+$128,833,049
+$138,642,854
+8%
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