INSPIRATION STUDIOS
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$980,089
Property, Plant, & Equipment (net)
69%
Cash & Equivalents
31%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,050
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$293,353
$306,716
+5%
Receivables (Non-Related)
-
$181
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$373,452
$673,192
+80%
Other Assets
-
-
-
Total Assets
$666,805
$980,089
+47%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,027
$2,050
-71%
Related-Party Payables
-
-
-
Other Liabilities
$541
-
-
Total Liabilities
$7,568
$2,050
-73%
Net assets
2023
2024
Change
Restricted Net Assets
$7,500
-
-
Unrestricted Net Assets
$651,737
$978,039
+50%
Net assets
2023
2024
Change
Net assets
+$659,237
+$978,039
+48%
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