MUSEUM OF FLIGHT FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$422,758,694
Investments
49%
Cash & Equivalents
29%
Property, Plant, & Equipment (net)
17%
Receivables (Non-Related)
4%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$12,132,116
Custodial & Escrow Liabilities
64%
Payables & Accruals
18%
Other Liabilities
10%
Deferred Revenue
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$62,983,867
$120,952,365
+92%
Receivables (Non-Related)
$14,101,391
$18,248,724
+29%
Related-Party Receivables
-
-
-
Inventories
$367,386
$424,035
+15%
Prepaid Expenses
$998,395
$977,483
-2%
Investments
$218,341,736
$208,299,754
-5%
Property, Plant, & Equipment (net)
$73,717,587
$72,860,967
-1%
Other Assets
$1,784,060
$995,366
-44%
Total Assets
$372,294,422
$422,758,694
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$1,904,180
$2,157,209
+13%
Grants Payable
-
-
-
Deferred Revenue
$933,077
$1,020,829
+9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$7,150,219
$7,797,982
+9%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,111,274
$1,156,096
+4%
Total Liabilities
$11,098,750
$12,132,116
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$128,421,189
$177,227,405
+38%
Unrestricted Net Assets
$232,774,483
$233,399,173
+0%
Net assets
2023
2024
Change
Net assets
+$361,195,672
+$410,626,578
+14%
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