2022 ANNUAL REPORT FINANCIAL OVERVIEW
Assets and Net Assets – Income Tax Basis
For the Year Ended December 31, 2022
ASSETS | ||
Cash and Cash Equivalents | $5,761,803 | |
Investments at Cost | $23,679,968 | |
Museum Building and Land (Net of $3,949,543 in accumulated depreciation) |
$29,965,349 | |
TOTAL ASSETS | $59,407,120 | |
UNRESTRICTED NET ASSETS | $59,407,120 | |
FAIR MARKET VALUE OF ASSETS | $60,053,104 |
Revenues, Expenses and Other Changes in Net Assets
Income Tax Basis For the Year Ended December 31, 2022
REVENUES | $4,094,777 | |
EXPENSES | ||
Grants Paid | $9,952,468 | |
Other Program or Administrative | $203,643 | |
Museum Building Depreciation | $861,719 | |
Investment | $57,157 | |
Excise Taxes | $75,549 | |
TOTAL EXPENSES | $11,150,536 | |
EXCESS (DEFICIT) OF REVENUES OVER EXPENSES | ($7,055,759) |