GCAC Financials
Statement of Financial Position
For the Twelve months ended December 31, 2005| Assets Current Assets |
|
| Cash and cash equivalents | 1,873,053 |
| Investments | 296,455 |
| Accounts and grants receivable | 173,879 |
| Prepaid expenses | 52,102 |
| Total Current Assets | $2,395,489 |
Non Current Assets |
|
| Furniture and Equipment, net | 210,424 |
| Total Assets | $2,605,913 |
|
Liabilities and Net Assets Current Liabilities |
|
| Accounts payable and accrued expenses | 181,190 |
| Grants and technical assistance payable | 932,884 |
| Deferred revenue | 97,645 |
| Total Current Liabilities | $1,211,719 |
|
Total Liabilities Net Assets |
|
| Unrestricted | 98,745 |
| Unrestricted Investment in Fixed Assets | 210,424 |
| Unrestricted - designated | 379,460 |
| Temporarily restricted | 705,565 |
Total Net Assets |
$1,394,194 |
Total Liabilities & Net Assets |
$2,605,913 |
- Introduction
- Community Funding
- Community Arts Education
- Columbus Arts Festival
- Marketing & Communications
- Executive Office
- GCAC Financials
