The National Quilt Museum Inc
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$6,863,795
Property, Plant, & Equipment (net)
47%
Other Assets
36%
Receivables (Non-Related)
7%
Cash & Equivalents
7%
Inventories
2%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2025 (Year End)
$560,705
Other Liabilities
93%
Payables & Accruals
7%
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
2024
2025
Change
Cash & Equivalents
$309,770
$449,868
+45%
Receivables (Non-Related)
-
$506,536
-
Related-Party Receivables
-
-
-
Inventories
$164,805
$130,314
-21%
Prepaid Expenses
$10,019
$11,030
+10%
Investments
$45,016
$46,730
+4%
Property, Plant, & Equipment (net)
$2,986,833
$3,225,156
+8%
Other Assets
$2,462,661
$2,494,161
+1%
Total Assets
$5,979,104
$6,863,795
+15%
Liabilities
2024
2025
Change
Payables & Accruals
$55,015
$40,705
-26%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$520,000
-
Total Liabilities
$55,015
$560,705
+919%
Net assets
2024
2025
Change
Restricted Net Assets
$40,979
$41,506
+1%
Unrestricted Net Assets
$5,883,110
$6,261,584
+6%
Net assets
2024
2025
Change
Net assets
+$5,924,089
+$6,303,090
+6%
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