Planes of Fame Air Museum
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$26,291,711
Property, Plant, & Equipment (net)
42%
Investments
33%
Other Assets
15%
Cash & Equivalents
9%
Inventories
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$143,591
Payables & Accruals
60%
Deferred Revenue
40%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,792,212
$2,274,064
-74%
Receivables (Non-Related)
$5,159
$15,758
+205%
Related-Party Receivables
$0
$0
-
Inventories
$126,439
$139,738
+11%
Prepaid Expenses
$64,401
$85,596
+33%
Investments
$1,245,454
$8,798,541
+606%
Property, Plant, & Equipment (net)
$11,464,292
$11,104,898
-3%
Other Assets
$2,446,620
$3,873,116
+58%
Total Assets
$24,144,577
$26,291,711
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$56,084
$86,074
+53%
Grants Payable
-
-
-
Deferred Revenue
$68,125
$57,517
-16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$624
-
-
Total Liabilities
$124,833
$143,591
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$1,758,326
$8,603,530
+389%
Unrestricted Net Assets
$22,261,418
$17,544,590
-21%
Net assets
2023
2024
Change
Net assets
+$24,019,744
+$26,148,120
+9%
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