THE MUSEUM OF FINE ARTS HOUSTON
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,303,148,960
Investments
76%
Property, Plant, & Equipment (net)
17%
Cash & Equivalents
6%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
<1%
Liabilities in 2024 (Year End)
$144,595,249
Other Liabilities
69%
Payables & Accruals
21%
Deferred Revenue
11%
Grants Payable
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
$129,307,292
$134,759,343
+4%
Receivables (Non-Related)
$15,644,601
$10,591,162
-32%
Related-Party Receivables
$522,046
$465,309
-11%
Inventories
$786,782
$790,509
+0%
Prepaid Expenses
$921,568
$1,423,748
+54%
Investments
$1,613,446,881
$1,759,203,499
+9%
Property, Plant, & Equipment (net)
$414,874,557
$394,345,226
-5%
Other Assets
$1,914,648
$1,570,164
-18%
Total Assets
$2,177,418,375
$2,303,148,960
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$25,096,330
$30,167,424
+20%
Grants Payable
-
-
-
Deferred Revenue
$15,493,491
$15,214,853
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$99,183,912
$99,212,972
+0%
Total Liabilities
$139,773,733
$144,595,249
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$1,416,837,372
$1,536,159,960
+8%
Unrestricted Net Assets
$620,807,270
$622,393,751
+0%
Net assets
2023
2024
Change
Net assets
+$2,037,644,642
+$2,158,553,711
+6%
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