Memphis Equity Through Arts Inc
Memphis Equity Through Arts Inc
Memphis Equity Through Arts Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,542,974
Other Assets
37%
Cash & Equivalents
34%
Receivables (Non-Related)
27%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$619,221
Other Liabilities
90%
Payables & Accruals
10%
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
2023
2024
Change
Cash & Equivalents
$2,370,967
$519,953
-78%
Receivables (Non-Related)
$584,247
$419,500
-28%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$14,593
$0
-100%
Investments
-
-
-
Property, Plant, & Equipment (net)
$749,755
$31,650
-96%
Other Assets
$15,500
$571,871
+3589%
Total Assets
$3,735,062
$1,542,974
-59%
Liabilities
2023
2024
Change
Payables & Accruals
$215,658
$62,850
-71%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$491,869
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$0
$556,371
-
Total Liabilities
$707,527
$619,221
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$557,458
$419,500
-25%
Unrestricted Net Assets
$2,470,077
$504,253
-80%
Net assets
2023
2024
Change
Net assets
+$3,027,535
+$923,753
-69%
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