The following financial information is a condensed version of the audited financial statements as of September 30, 2017. A copy of the audited financial statements for the year ended September 30, 2017 may be obtained upon request.
Statement of Financial Position
Assets | Consolidated |
Cash and cash equivalents | $1,225,608 |
Receivables | $641,007 |
Investments | $9,778,651 |
Beneficial interest in perpetual trust | $138,053 |
Inventories | $222,309 |
Other assets | $445,619 |
Property and equipment, net | $14,573,737 |
Total assets | $27,025,054 |
Liabilities |
Line of credit | $0 |
Accounts payable | $519,080 |
Accrued liabilities | $467,622 |
Unearned revenue | $181,875 |
Deferred revenue, membership dues | $411,965 |
Capital leases payable | $3,428 |
Total liabilities | $1,583,970 |
Net assets |
Operating | $1,393,689 |
Other unrestricted | $16,178,576 |
Temporarily restricted | $3,705,578 |
Permanently restricted | $4,163,241 |
Total net assets | $25,441,084 |
Total liabilities and net assets | $27,025,054 |
Operating Expenses Incurred |
Collections | 27% |
Facilities | 26% |
Administration & General | 15% |
Conservation Education & Science | 13% |
Development & Membership | 7% |
Art Institute | 7% |
Exhibits, Design & Planning | 2% |
Guest Services | 4% |
| 100% |
Source of Operating Revenues |
Admissions | 39% |
Membership | 20% |
Contributions | 16% |
Investment & Other | 7% |
Concessions and Food Services | 8% |
Grants | 3% |
Support from Designated Funds | 2% |
Education | 5% |
| 100% |
Operating Activity
Total Revenues and Other Support | $9,193,858 |
Total Expenses | $9,179,331 |
Change in net operating assets | $14,527 |
Net operating assets, beginning of year | $1,379,162 |
Net operating assets, end of year | $1,393,689 |
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