Piney Woods Fine Arts Association
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$1,301,414
Other Assets
92%
Property, Plant, & Equipment (net)
7%
Cash & Equivalents
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$22,908
Deferred Revenue
63%
Other Liabilities
21%
Payables & Accruals
17%
Grants Payable
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
$243,654
$18,146
-93%
Receivables (Non-Related)
$568
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,151
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$93,644
$91,144
-3%
Other Assets
$349,369
$1,192,124
+241%
Total Assets
$689,386
$1,301,414
+89%
Liabilities
2024
2025
Change
Payables & Accruals
$3,908
$3,804
-3%
Grants Payable
-
-
-
Deferred Revenue
$5,000
$14,370
+187%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$7,234
$4,734
-35%
Total Liabilities
$16,142
$22,908
+42%
Net assets
2024
2025
Change
Restricted Net Assets
$544,200
-
-
Unrestricted Net Assets
$129,044
$1,278,506
+891%
Net assets
2024
2025
Change
Net assets
+$673,244
+$1,278,506
+90%
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